Our large cap replica portfolio recently rebalanced. Key changes to the portfolio included:
Goldman Sachs Group, Inc., (GS.PA) operates a global investment banking , securities, and investment management company. The company operates through four operating divisions: Investment Banking, Institutional Client Services, Investing and Lending, and Investment Management. Goldman Sachs was founded in 1869 and is headquartered in New York City.
eBAY Inc., (eBAY) is a technology company that enables commerce any payments on behalf of various types of users eBAY operates in three segments: Marketplaces, Payments, and Enterprise. eBAY was founded in 1995 and is headquartered in San Jose, CA.
The portfolio’s cash weighting has remained relatively constant at just above 7%.
If you are interested in reviewing our security and sector weightings, please feel free to view our proprietary Replica portfolios by clicking here.