Ranch Capital Advisors Inc.
Reported holdings as of Q2 2026, from 28 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| SPDR SERIES TRUST | BIL | $16.1M | 175,487 | -0.41pp | 12q | +5.6%+$859.6K | |
| APPLE INC | AAPL | $12.4M | 42,763 | +0.06pp | 28q | +1.5%+$187.5K | |
| NVIDIA CORPORATION | NVDA | $10.6M | 52,929 | +0.05pp | 27q | +0.8%+$87.0K | |
| BROADCOM INC | AVGO | $10.4M | 27,541 | +0.44pp | 28q | +8.1%+$775.1K | |
| VANGUARD SPECIALIZED FUNDS | VIG | $9.5M | 40,047 | +0.02pp | 28q | +4.5%+$406.5K | |
| VANGUARD WHITEHALL FDS | VYM | $9.1M | 57,830 | -0.15pp | 28q | +1.5%+$135.1K | |
| VANGUARD SCOTTSDALE FDS | VGIT | $7.3M | 123,116 | -0.14pp | 9q | +8.7%+$582.4K | |
| CISCO SYS INC | CSCO | $6.7M | 57,172 | +0.64pp | 6q | +7.9%+$488.9K | |
| MICROSOFT CORP | MSFT | $6.6M | 17,680 | -0.27pp | 28q | HELD | |
| JPMORGAN CHASE & CO | JPM | $6.2M | 18,859 | +0.10pp | 28q | +8.3%+$473.6K | |
| IRON MTN INC DEL | IRM | $5.4M | 42,611 | +0.26pp | 28q | +8.6%+$428.8K | |
| CARDINAL HEALTH INC | CAH | $5.4M | 22,732 | +0.11pp | 27q | +8.3%+$412.2K | |
| ISHARES TR | TLH | $5.1M | 50,841 | -0.19pp | 7q | +2.7%+$134.7K | |
| CITIGROUP INC | C | $5.1M | 36,258 | +0.26pp | 10q | +10.0%+$460.9K | |
| ALPHABET INC | GOOGL | $5.1M | 14,162 | +0.17pp | 28q | +2.4%+$120.4K | |
| STATE STR SPDR S&P 500 ETF T | SPY | $5.0M | 6,698 | +0.08pp | 28q | +4.4%+$213.2K | |
| FIRST TR EXCHANGE-TRADED FD | TDIV | $5.0M | 43,584 | +0.12pp | 28q | +0.6%+$31.8K | |
| AMPLIFY ETF TR | DIVO | $4.6M | 100,935 | -0.08pp | 28q | +6.3%+$271.4K | |
| CUMMINS INC | CMI | $4.6M | 6,441 | +0.28pp | 28q | +6.9%+$296.0K | |
| JOHNSON & JOHNSON | JNJ | $4.4M | 17,434 | -0.01pp | 28q | +9.4%+$379.4K | |
| AMGEN INC | AMGN | $4.4M | 12,108 | flat | 28q | +10.8%+$427.3K | |
| ADVANCED MICRO DEVICES INC | AMD | $4.4M | 7,544 | +0.86pp | 26q | +5.0%+$208.0K | |
| VERIZON COMMUNICATIONS INC | VZ | $4.1M | 96,936 | -0.34pp | 28q | +7.4%+$284.1K | |
| ABBVIE INC | ABBV | $4.1M | 16,101 | +0.11pp | 28q | +8.1%+$305.2K | |
| SELECT SECTOR SPDR TR | XLK | $4.0M | 21,175 | +0.26pp | 28q | HELD | |
| AT&T INC | T | $4.0M | 193,846 | -0.60pp | 28q | +8.3%+$307.4K | |
| TESLA INC | TSLA | $3.9M | 9,358 | +0.02pp | 27q | +2.5%+$95.5K | |
| ENTERGY CORP NEW | ETR | $3.9M | 34,258 | -0.01pp | 10q | +10.3%+$368.9K | |
| SELECT SECTOR SPDR TR | XLU | $3.8M | 84,141 | -0.12pp | 11q | +4.8%+$176.3K | |
| PROCTER & GAMBLE CO | PG | $3.8M | 25,580 | -0.14pp | 28q | +0.7%+$25.1K | |
| INTERNATIONAL BUSINESS MACHS | IBM | $3.7M | 13,231 | +0.09pp | 28q | +6.3%+$220.2K | |
| GILEAD SCIENCES INC | GILD | $3.7M | 29,324 | -0.15pp | 27q | +11.2%+$372.7K | |
| AMAZON COM INC | AMZN | $3.2M | 13,406 | +0.07pp | 28q | +7.0%+$207.8K | |
| EVERGY INC | EVRG | $3.1M | 36,282 | +0.03pp | 6q | +11.3%+$318.8K | |
| SOUTHERN CO | SO | $3.1M | 32,764 | -0.06pp | 28q | +8.7%+$250.9K | |
| DUKE ENERGY CORP NEW | DUK | $3.1M | 24,627 | -0.08pp | 9q | +9.3%+$265.4K | |
| BLACKSTONE INC | BX | $3.0M | 25,264 | -0.07pp | 28q | +4.0%+$114.5K | |
| GENERAL DYNAMICS CORP | GD | $2.8M | 7,825 | +0.01pp | 19q | +11.9%+$295.4K | |
| CHEVRON CORPORATION | CVX | $2.7M | 16,504 | -0.28pp | 28q | +7.7%+$195.6K | |
| SELECT SECTOR SPDR TR | XLP | $2.7M | 32,085 | -0.02pp | 11q | +10.4%+$250.5K | |
| TARGET CORP | TGT | $2.7M | 20,315 | +0.03pp | 3q | +9.6%+$233.3K | |
| AFLAC INC | AFL | $2.6M | 22,306 | -0.05pp | 10q | +0.6%+$15.7K | |
| UNITED PARCEL SVCS INC | UPS | $2.5M | 22,850 | +0.05pp | 28q | +11.4%+$252.1K | |
| ALPHABET INC | GOOG | $2.4M | 6,842 | +0.14pp | 10q | +14.1%+$297.8K | |
| ISHARES TR | HYG | $2.4M | 29,672 | -0.03pp | 27q | +8.8%+$192.9K | |
| INVESCO EXCH TRADED FD TR II | VRP | $2.3M | 93,020 | -0.08pp | 28q | +1.3%+$29.5K | |
| ARCHER DANIELS MIDLAND CO | ADM | $2.2M | 29,192 | - | new | NEW | |
| INVESCO EXCH TRADED FD TR II | QQQM | $2.2M | 7,347 | +0.10pp | 18q | +3.9%+$84.2K | |
| SPDR SERIES TRUST | SPYM | $2.2M | 24,466 | +0.04pp | 28q | +5.9%+$119.9K | |
| GETTY RLTY CORP NEW | GTY | $2.1M | 63,452 | +0.03pp | 2q | +14.7%+$274.1K | |
| PROLOGIS INC. | PLD | $2.1M | 15,226 | flat | 3q | +11.7%+$216.6K | |
| VANGUARD SCOTTSDALE FDS | VCLT | $2.1M | 27,363 | -0.07pp | 16q | +1.7%+$34.4K | |
| PFIZER INC | PFE | $2.1M | 85,339 | -0.14pp | 28q | +9.4%+$176.8K | |
| PEPSICO INC | PEP | $2.0M | 15,007 | -0.12pp | 28q | +9.9%+$182.5K | |
| VANGUARD SCOTTSDALE FDS | VGSH | $2.0M | 34,544 | +0.17pp | 7q | +57.2%+$731.6K | |
| INTERNATIONAL PAPER CO | IP | $1.9M | 50,165 | +0.01pp | 28q | +9.6%+$166.9K | |
| PAYCHEX INC | PAYX | $1.9M | 19,124 | +0.04pp | 28q | +13.7%+$227.0K | |
| SELECT SECTOR SPDR TR | XLRE | $1.9M | 42,104 | +0.12pp | 21q | +32.2%+$451.7K | |
| ISHARES TR | DGRO | $1.8M | 23,555 | flat | 18q | +5.8%+$97.1K | |
| NEXTERA ENERGY INC | NEE | $1.8M | 20,179 | -0.09pp | 28q | +4.8%+$80.6K | |
| CATERPILLAR INC | CAT | $1.7M | 1,577 | +0.12pp | 27q | -2.1%-$36.2K | |
| VANGUARD INDEX FDS | VB | $1.6M | 5,328 | +0.09pp | 27q | +18.7%+$254.9K | |
| MORGAN STANLEY | MS | $1.6M | 7,571 | +0.08pp | 27q | +6.3%+$93.7K | |
| UNITED RENTALS INC | URI | $1.6M | 1,375 | +0.16pp | 27q | +9.1%+$130.3K | |
| PHILIP MORRIS INTL INC | PM | $1.5M | 8,059 | -0.02pp | 28q | HELD | |
| GOLDMAN SACHS GROUP INC | GS | $1.4M | 1,356 | +0.07pp | 9q | +13.3%+$160.9K | |
| SELECT SECTOR SPDR TR | XLF | $1.3M | 23,799 | -0.02pp | 27q | HELD | |
| HOME DEPOT INC | HD | $1.2M | 3,459 | -0.02pp | 28q | +1.1%+$12.7K | |
| ENTERPRISE PRODS PARTNERS L | EPD | $1.2M | 32,653 | -0.06pp | 28q | HELD | |
| SPDR SERIES TRUST | SPSM | $1.2M | 20,122 | +0.03pp | 17q | +4.7%+$52.1K | |
| SPDR SERIES TRUST | SPMD | $1.1M | 16,728 | +0.02pp | 17q | +5.2%+$56.1K | |
| VANGUARD INDEX FDS | VOO | $1.1M | 1,626 | +0.03pp | 4q | +10.0%+$101.6K | |
| VANECK ETF TRUST | SMH | $1.1M | 1,689 | +0.13pp | 15q | +4.5%+$47.9K | |
| VANGUARD WORLD FD | VHT | $970.9K | 3,247 | -0.01pp | 28q | HELD | |
| INVESCO QQQ TR | QQQ | $956.8K | 1,298 | +0.03pp | 28q | HELD | |
| COSTCO WHOLESALE CORPORATION | COST | $934.9K | 999 | -0.03pp | 11q | +11.4%+$95.5K | |
| SCHWAB STRATEGIC TR | SCHF | $927.2K | 33,473 | +0.01pp | 18q | +5.3%+$46.6K | |
| CHUBB LIMITED | CB | $915.0K | 2,679 | -0.01pp | 11q | +4.7%+$41.0K | |
| BANK OF AMER CORP | BAC | $891.6K | 15,648 | +0.03pp | 4q | +11.0%+$88.4K | |
| UNION PAC CORP | UNP | $837.8K | 3,080 | flat | 28q | +2.8%+$22.6K | |
| VANECK ETF TRUST | BIZD | $825.6K | 65,210 | -0.03pp | 28q | +2.2%+$18.0K | |
| QUALCOMM INC | QCOM | $814.7K | 4,409 | +0.05pp | 28q | HELD | |
| ISHARES TR | IBDR | $808.8K | 33,379 | -0.03pp | 15q | DEBT | |
| UNITEDHEALTH GROUP INC | UNH | $806.7K | 1,941 | +0.09pp | 3q | +12.7%+$90.6K | |
| VANGUARD SCOTTSDALE FDS | VGLT | $798.5K | 14,471 | -0.04pp | 8q | HELD | |
| TORONTO DOMINION BK ONT | TD | $779.1K | 6,416 | +0.03pp | 28q | HELD | |
| PACER FDS TR | COWZ | $766.6K | 12,325 | +0.03pp | 14q | +33.1%+$190.6K | |
| META PLATFORMS INC | META | $762.0K | 1,353 | -0.04pp | 13q | HELD | |
| CAMECO CORP | CCJ | $754.4K | 7,406 | -0.03pp | 7q | +9.6%+$65.9K | |
| VANGUARD WORLD FD | VDC | $749.1K | 3,322 | -0.03pp | 28q | HELD | |
| TEXAS INSTRS INC | TXN | $734.5K | 2,464 | +0.05pp | 28q | -4.0%-$30.7K | |
| VANGUARD INDEX FDS | VTV | $714.6K | 3,279 | -0.02pp | 4q | -5.6%-$42.7K | |
| AMERICAN EXPRESS CO | AXP | $696.0K | 2,058 | flat | 28q | HELD | |
| ALIBABA GROUP HLDG LTD | BABA | $670.0K | 6,933 | -0.07pp | 10q | +12.9%+$76.3K | |
| COCA COLA CO | KO | $642.7K | 7,860 | -0.01pp | 28q | HELD | |
| GENERAC HLDGS INC | GNRC | $641.3K | 2,190 | +0.07pp | 2q | +19.7%+$105.4K | |
| VANGUARD INDEX FDS | VO | $629.6K | 7,814 | flat | 27q | +302.6%+$473.2K | |
| AMPLIFY ETF TR | HACK | $626.7K | 5,973 | +0.09pp | 10q | +43.4%+$189.7K | |
| ISHARES TR | IYW | $605.4K | 2,400 | +0.03pp | 14q | HELD | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $584.3K | 1,168 | -0.04pp | 28q | -10.7%-$70.0K | |
| WALMART INC | WMT | $572.6K | 5,056 | -0.05pp | 13q | HELD | |
| MASTERCARD INCORPORATED | MA | $535.3K | 1,042 | -0.02pp | 28q | -1.6%-$8.7K | |
| AMERICAN ELEC PWR CO INC | AEP | $530.7K | 3,879 | -0.01pp | 28q | +2.6%+$13.7K | |
| NUVEEN AMT FREE MUN CR INC F | NVG | $520.9K | 40,681 | -0.03pp | 28q | -4.6%-$25.2K | |
| ALTRIA GROUP INC | MO | $510.8K | 7,063 | -0.01pp | 28q | HELD | |
| ABBOTT LABORATORIES | ABT | $466.4K | 5,140 | -0.04pp | 28q | HELD | |
| CINCINNATI FINL CORP | CINF | $466.1K | 2,505 | flat | 28q | HELD | |
| SELECT SECTOR SPDR TR | XLY | $456.4K | 3,892 | flat | 16q | +4.6%+$20.2K | |
| CAPITAL ONE FINL CORP | COF | $434.1K | 2,164 | -0.01pp | 5q | HELD | |
| VANGUARD STAR FDS | VXUS | $423.7K | 4,956 | flat | 2q | +4.1%+$16.8K | |
| INTEL CORP | INTC | $419.0K | 3,001 | - | new | NEW | |
| PRUDENTIAL FINL INC | PRU | $411.4K | 3,812 | flat | 28q | HELD | |
| ISHARES TR | PFF | $404.9K | 13,280 | -0.02pp | 28q | -1.2%-$4.8K | |
| STATE STR SPDR DOW JONES IND | DIA | $401.8K | 769 | flat | 27q | +1.2%+$4.7K | |
| CORNING INC | GLW | $392.4K | 1,536 | +0.05pp | 2q | HELD | |
| MCDONALDS CORP | MCD | $389.3K | 1,440 | -0.04pp | 28q | HELD | |
| WASTE MGMT INC DEL | WM | $382.8K | 1,718 | -0.02pp | 28q | HELD | |
| NUTRIEN LTD | NTR | $374.8K | 5,920 | -0.02pp | 2q | +19.8%+$61.9K | |
| ISHARES TR | FXI | $369.1K | 11,683 | +0.02pp | 10q | +63.9%+$143.9K | |
| KRATOS DEFENSE & SEC SOLUTIO | KTOS | $368.6K | 7,393 | -0.05pp | 5q | +12.8%+$41.9K | |
| DIGITAL RLTY TR INC | DLR | $355.0K | 1,977 | -0.02pp | 11q | HELD | |
| ISHARES TR | TLT | $343.5K | 3,974 | -0.01pp | 10q | +0.9%+$2.9K | |
| VANGUARD INDEX FDS | VUG | $336.0K | 3,901 | - | new | NEW | |
| BRISTOL-MYERS SQUIBB CO | BMY | $330.0K | 5,727 | -0.02pp | 28q | HELD | |
| DBX ETF TR | DBEF | $327.8K | 6,000 | flat | 28q | HELD | |
| WISDOMTREE TR | DHS | $326.8K | 2,875 | -0.01pp | 28q | +0.6%+$1.8K | |
| ISHARES TR | IVV | $323.6K | 432 | flat | 13q | HELD | |
| ISHARES INC | EWJ | $323.3K | 3,467 | flat | 5q | +5.5%+$16.9K | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $315.2K | 660 | +0.02pp | 3q | HELD | |
| MERCK & CO INC | MRK | $310.1K | 2,404 | -0.01pp | 3q | HELD | |
| VANGUARD WORLD FD | VGT | $290.1K | 2,427 | +0.02pp | 4q | +701.0%+$253.9K | |
| NUVEEN MUN CR INCOME FD | NZF | $286.9K | 22,626 | -0.01pp | 28q | HELD | |
| SPDR GOLD TR | GLD | $284.4K | 772 | -0.04pp | 28q | -6.1%-$18.4K | |
| BLACKROCK MUNIHOLDINGS FD IN | MHD | $284.3K | 23,889 | -0.01pp | 2q | HELD | |
| EATON CORP PLC | ETN | $282.0K | 662 | flat | 5q | HELD | |
| EXXON MOBIL CORP | XOMXXXX | $280.0K | 2,048 | -0.03pp | 4q | +3.6%+$9.7K | |
| BLACKROCK MUNIYILD QULT FD I | MQY | $279.9K | 24,130 | -0.01pp | 2q | HELD | |
| RTX CORPORATION | RTX | $277.8K | 1,464 | flat | 4q | +13.8%+$33.6K | |
| EMERSON ELEC CO | EMR | $275.6K | 1,925 | flat | 10q | HELD | |
| VANGUARD WORLD FD | VPU | $271.5K | 1,387 | -0.01pp | 2q | HELD | |
| ASML HLDG NV | ASML | $268.6K | 135 | - | new | NEW | |
| ISHARES BITCOIN TRUST ETF | IBIT | $266.3K | 7,998 | -0.04pp | 9q | -8.7%-$25.5K | |
| VANECK ETF TRUST | GDX | $261.4K | 3,464 | -0.04pp | 6q | -5.5%-$15.1K | |
| ELI LILLY & CO | LLY | $243.7K | 203 | - | new | NEW | |
| KLA CORP | KLAC | $229.4K | 760 | - | new | NEW | |
| ONEOK INC NEW | OKE | $223.7K | 2,573 | -0.01pp | 2q | HELD | |
| LOCKHEED MARTIN CORP | LMT | $219.0K | 430 | -0.02pp | 3q | HELD | |
| WHEATON PRECIOUS METALS CORP | WPM | $214.3K | 1,908 | -0.02pp | 4q | HELD | |
| NETFLIX INC | NFLX | $211.3K | 2,959 | -0.24pp | 9q | -66.8%-$425.5K | |
| THERMO FISHER SCIENTIFIC INC | TMO | $210.3K | 419 | -0.01pp | 4q | HELD | |
| DANAHER CORP DEL | DHR | $210.0K | 1,102 | - | new | NEW | |
| SPDR SERIES TRUST | SDY | $203.4K | 1,336 | -0.01pp | 2q | -3.5%-$7.5K | |
| MPLX LP | MPLX | $202.4K | 3,594 | - | new | NEW | |
| BNY MELLON STRATEGIC MUN BD | DSM | $180.2K | 29,295 | -0.01pp | 28q | HELD | |
| NUVEEN MUN HIGH INCOME OPPOR | NMZ | $159.1K | 15,048 | -0.01pp | 28q | HELD | |
| AGNC INVT CORP | AGNC | $124.6K | 11,432 | flat | 3q | +1.5%+$1.8K | |
| WEREWOLF THERAPEUTICS INC | HOWL | $4.0K | 11,000 | flat | 3q | -8.3% |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Semiconductors & Electronics | $28.6M | 9.1% |
| Computer Hardware | $22.8M | 7.2% |
| Biotech & Pharma | $20.0M | 6.3% |
| Utilities | $15.5M | 4.9% |
| Software & IT Services | $14.8M | 4.7% |
| Banks & Lending | $14.0M | 4.4% |
| Real Estate | $10.1M | 3.2% |
| Retail & Consumer | $9.0M | 2.8% |
| Industrials | $8.7M | 2.8% |
| Telecom & Media | $8.3M | 2.6% |
| Autos & Aerospace | $7.6M | 2.4% |
| Funds & ETFs | $7.3M | 2.3% |
| Other sectors | $43.0M | 13.6% |
| Not classified | $106.0M | 33.6% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $315.7M | 157 | 8 | 94 | 13 | 5 | 30.0% | 34 |
| Q1 2026 | $276.7M | 154 | 11 | 76 | 22 | 10 | 30.1% | 36 |
| Q4 2025 | $271.7M | 153 | 10 | 80 | 16 | 8 | 32.3% | 36 |
| Q3 2025 | $258.3M | 151 | 16 | 61 | 27 | 7 | 33.1% | 45 |
| Q2 2025 | $230.6M | 142 | 6 | 76 | 33 | 3 | 32.5% | 31 |
| Q1 2025 | $210.9M | 139 | 5 | 47 | 49 | 7 | 31.2% | 39 |
| Q4 2024 | $211.7M | 141 | 5 | 62 | 41 | 11 | 33.1% | 38 |
| Q3 2024 | $212.0M | 147 | 4 | 62 | 43 | 10 | 30.8% | 43 |
| Q2 2024 | $191.2M | 153 | 8 | 69 | 39 | 9 | 32.9% | 44 |
| Q1 2024 | $185.1M | 154 | 18 | 64 | 30 | 10 | 30.9% | 43 |
| Q4 2023 | $160.4M | 146 | 11 | 61 | 48 | 7 | 29.1% | 45 |
| Q3 2023 | $142.9M | 142 | 2 | 58 | 46 | 4 | 30.8% | 44 |
| Q2 2023 | $142.0M | 144 | 6 | 37 | 57 | 8 | 30.2% | 42 |
| Q1 2023 | $136.6M | 146 | 8 | 75 | 34 | 8 | 28.8% | 42 |
| Q4 2022 | $127.8M | 146 | 8 | 48 | 60 | 7 | 27.3% | 41 |
| Q3 2022 | $122.2M | 145 | 8 | 67 | 22 | 7 | 27.8% | 41 |
| Q2 2022 | $130.3M | 144 | 5 | 72 | 25 | 21 | 28.1% | 41 |
| Q1 2022 | $151.4M | 160 | 18 | 65 | 32 | 14 | 28.7% | 42 |
| Q4 2021 | $153.8M | 156 | 3 | 52 | 38 | 480 | 29.0% | 39 |
| Q3 2021 | $160.1M | 633 | 46 | 171 | 75 | 268 | 24.3% | 46 |
| Q2 2021 | $166.3M | 855 | 52 | 123 | 107 | 51 | 21.9% | 47 |
| Q1 2021 | $151.3M | 854 | 58 | 108 | 136 | 76 | 21.6% | 47 |
| Q4 2020 | $138.9M | 872 | 59 | 140 | 124 | 52 | 22.0% | 47 |
| Q3 2020 | $124.4M | 865 | 20 | 71 | 172 | 64 | 21.7% | 47 |
| Q2 2020 | $127.5M | 909 | 125 | 114 | 194 | 77 | 21.4% | 43 |
| Q1 2020 | $101.1M | 861 | 47 | 113 | 186 | 107 | 21.9% | 42 |
| Q4 2019 | $123.3M | 921 | 713 | 76 | 85 | 1 | 19.5% | 44 |
| Q3 2019 | $93.3M | 209 | 0 | 0 | 0 | 0 | 22.5% | 49 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.