DaveManuel.com · Institutional Ownership · 13F Holdings

Chris Bulman Inc

Reported holdings as of Q3 2026, from 10 quarterly filings.

CIK

2032404

Reported value

$285.3M

Positions

169

Top 10 weight

45.7%

Filed

2026-10-20

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
VANGUARD INDEX FDS	VOO	$26.7M	38,129	9.36%	+0.51pp	10q	+7.9%+$2.0M
INVESCO QQQ TR	QQQ	$19.9M	26,954	6.99%	+0.14pp	10q	+5.8%+$1.1M
FIRST TR EXCHANGE TRADED FD	RDVY	$19.9M	253,773	6.96%	+0.04pp	9q	+8.5%+$1.6M
APPLE INC	AAPL	$16.4M	49,308	5.75%	+0.52pp	10q	HELD
AMERICAN CENTY ETF TR	AVEM	$9.1M	97,295	3.21%	-0.03pp	9q	+5.8%+$504.0K
FIRST TR EXCHNG TRADED FD VI	BUFR	$8.5M	227,249	2.98%	-0.04pp	10q	HELD
FIRST TR EXCHANGE-TRADED FD	SDVY	$7.7M	190,703	2.71%	+0.03pp	9q	+12.2%+$840.9K
INNOVATOR ETFS TRUST	PJUN	$7.7M	175,081	2.70%	-0.14pp	10q	-2.7%-$217.1K
SCHWAB STRATEGIC TR	SCHD	$7.7M	235,427	2.68%	+0.20pp	9q	+9.9%+$692.2K
FIRST TR EXCHANGE-TRADED FD	WCMI	$6.6M	344,117	2.30%	+0.11pp	3q	+12.3%+$719.9K
VANGUARD INDEX FDS	VTV	$5.9M	27,183	2.06%	-0.01pp	10q	+4.4%+$249.8K
VANGUARD INDEX FDS	VUG	$5.6M	62,098	1.96%	+0.11pp	10q	+5.4%+$287.2K
DBX ETF TR	DBEF	$5.4M	97,656	1.88%	+0.12pp	7q	+10.4%+$504.1K
VANGUARD SPECIALIZED FUNDS	VIG	$5.3M	22,741	1.86%	-0.16pp	10q	-2.5%-$136.5K
VANGUARD INDEX FDS	VB	$5.0M	17,572	1.75%	-0.24pp	10q	-2.1%-$107.5K
FIRST TR EXCHANGE-TRADED FD	FICS	$4.1M	103,747	1.45%	-0.16pp	9q	-2.0%-$86.6K
INNOVATOR ETFS TRUST	PSEP	$3.7M	79,884	1.31%	+0.23pp	10q	+23.8%+$720.7K
VANGUARD BD INDEX FDS	BIV	$3.5M	48,354	1.23%	-0.12pp	9q	HELD
VANGUARD WELLINGTON FD	VFMF	$3.2M	18,176	1.14%	-	new	NEW
INNOVATOR ETFS TRUST	PMAY	$3.2M	76,017	1.13%	-0.05pp	10q	-2.8%-$92.2K
INNOVATOR ETFS TRUST	PAUG	$3.0M	64,426	1.05%	+0.10pp	10q	+13.1%+$347.0K
INNOVATOR ETFS TRUST	PFEB	$2.8M	64,283	0.99%	-0.11pp	10q	-8.4%-$260.0K
INNOVATOR ETFS TRUST	POCT	$2.8M	57,562	0.97%	-0.02pp	10q	-0.7%-$19.0K
ISHARES TR	IEFA	$2.6M	26,382	0.90%	-0.25pp	6q	-18.5%-$578.4K
INNOVATOR ETFS TRUST	BDEC	$2.4M	43,068	0.82%	-0.04pp	10q	-3.5%-$86.0K
VICTORY PORTFOLIOS II	UITB	$2.3M	52,527	0.82%	-0.08pp	9q	HELD
INNOVATOR ETFS TRUST	PDEC	$2.3M	49,496	0.82%	-0.03pp	10q	-1.8%-$42.6K
ISHARES TR	IWM	$2.3M	8,167	0.80%	-0.20pp	8q	-10.3%-$261.5K
FIRST TR EXCHNG TRADED FD VI	GAUG	$2.3M	53,615	0.79%	+0.14pp	10q	+23.9%+$434.9K
TESLA INC	TSLA	$2.3M	6,356	0.79%	-0.20pp	10q	-0.9%-$21.3K
INNOVATOR ETFS TRUST	BALT	$2.1M	59,078	0.72%	-0.01pp	10q	HELD
ISHARES INC	IEMG	$2.0M	25,026	0.71%	-0.34pp	6q	-27.8%-$781.2K
FIRST TR EXCHANGE-TRADED FD	LMBS	$2.0M	41,638	0.71%	-0.05pp	10q	-0.6%-$12.6K
INNOVATOR ETFS TRUST	IAPR	$2.0M	58,772	0.69%	-0.05pp	10q	-3.5%-$71.1K
ISHARES TR	AGG	$1.8M	19,509	0.65%	-0.06pp	10q	HELD
VANGUARD INDEX FDS	VTI	$1.7M	4,425	0.58%	flat	6q	+3.7%+$59.1K
FIRST TR EXCHNG TRADED FD VI	GFEB	$1.6M	35,880	0.57%	-0.03pp	6q	-3.7%-$62.1K
INNOVATOR ETFS TRUST	PNOV	$1.6M	35,433	0.57%	-0.01pp	10q	HELD
NVIDIA CORPORATION	NVDA	$1.6M	6,953	0.56%	+0.08pp	10q	+7.5%+$111.0K
INNOVATOR ETFS TRUST	PMAR	$1.5M	31,102	0.53%	-0.10pp	10q	-14.3%-$253.3K
INNOVATOR ETFS TRUST	BSEP	$1.5M	28,127	0.53%	+0.28pp	5q	+115.3%+$812.8K
INNOVATOR ETFS TRUST	BMAR	$1.5M	24,670	0.51%	-0.14pp	7q	-20.5%-$376.0K
INNOVATOR ETFS TRUST	BFEB	$1.4M	26,813	0.51%	-0.13pp	7q	-19.2%-$343.4K
INNOVATOR ETFS TRUST	PAPR	$1.4M	33,223	0.50%	-0.02pp	10q	-2.4%-$35.7K
MICROSOFT CORP	MSFT	$1.4M	2,777	0.50%	+0.14pp	10q	+5.2%+$70.3K
FIRST TR EXCHNG TRADED FD VI	GMAR	$1.3M	29,599	0.47%	-0.01pp	9q	HELD
INNOVATOR ETFS TRUST	PJUL	$1.3M	26,003	0.45%	+0.07pp	10q	+22.6%+$238.2K
FIRST TR EXCHNG TRADED FD VI	GMAY	$1.3M	28,757	0.44%	-0.03pp	6q	-3.9%-$50.6K
ISHARES TR	IVV	$1.2M	1,554	0.42%	-0.01pp	10q	HELD
INNOVATOR ETFS TRUST	BAUG	$1.2M	20,803	0.40%	+0.20pp	5q	+98.9%+$571.8K
VANGUARD BD INDEX FDS	BND	$1.1M	16,278	0.40%	-	new	NEW
ALPHABET INC	GOOGL	$1.1M	3,182	0.38%	-0.03pp	6q	+1.5%+$16.5K
VANGUARD WORLD FD	VGT	$1.0M	8,240	0.36%	flat	10q	HELD
INNOVATOR ETFS TRUST	BJUL	$997.7K	18,003	0.35%	+0.23pp	5q	+206.4%+$672.1K
COSTCO WHOLESALE CORPORATION	COST	$985.1K	1,082	0.35%	-0.07pp	10q	-11.8%-$132.0K
ALLSTATE CORP	ALL	$924.3K	4,166	0.32%	-0.04pp	10q	HELD
AMAZON COM INC	AMZN	$862.6K	3,462	0.30%	+0.02pp	10q	+6.3%+$50.8K
INNOVATOR ETFS TRUST	PJAN	$861.5K	16,986	0.30%	-0.13pp	10q	-28.6%-$345.8K
FIRST TR EXCHNG TRADED FD VI	ILDR	$858.8K	21,741	0.30%	-0.01pp	5q	+0.8%+$6.8K
FIRST TR EXCHANGE-TRADED FD	ACYN	$830.6K	39,819	0.29%	+0.18pp	2q	+183.4%+$537.6K
NORTHERN LTS FD TR IV	BAMG	$804.3K	17,913	0.28%	-0.04pp	10q	-6.9%-$59.2K
SPDR SERIES TRUST	SPYM	$789.8K	8,799	0.28%	-0.01pp	10q	HELD
FIRST TR EXCHNG TRADED FD VI	BUFQ	$785.7K	19,390	0.28%	+0.02pp	5q	+9.6%+$68.5K
INNOVATOR ETFS TRUST	BMAY	$775.1K	15,995	0.27%	-0.01pp	2q	-3.1%-$24.8K
FIRST TR EXCHNG TRADED FD VI	UCON	$760.0K	32,005	0.27%	-0.04pp	9q	-4.2%-$33.6K
ISHARES TR	IBTH	$758.3K	33,973	0.27%	-0.02pp	4q	-2.6%-$20.2K
ISHARES TR	IBTJ	$752.5K	35,456	0.26%	-0.02pp	4q	HELD
INNOVATOR ETFS TRUST	BJUN	$738.4K	14,864	0.26%	-0.02pp	5q	-4.2%-$32.3K
STATE STR SPDR S&P 500 ETF T	SPY	$738.2K	968	0.26%	flat	10q	HELD
VANGUARD TAX-MANAGED FDS	VEA	$716.5K	10,148	0.25%	flat	10q	+4.6%+$31.6K
FIDELITY MERRIMACK STR TR	FBND	$711.4K	16,429	0.25%	-0.02pp	10q	+1.0%+$6.8K
FIRST TR EXCHNG TRADED FD VI	FJAN	$705.1K	12,464	0.25%	-0.01pp	5q	-1.3%-$9.1K
NORTHERN LTS FD TR IV	BAMV	$704.9K	19,457	0.25%	-0.02pp	10q	-5.8%-$43.7K
FIRST TR EXCHNG TRADED FD VI	DJUN	$693.1K	13,843	0.24%	-0.01pp	6q	HELD
FIRST TR EXCHNG TRADED FD VI	FSEP	$690.6K	12,088	0.24%	+0.01pp	5q	+5.4%+$35.2K
INNOVATOR ETFS TRUST	ZSEP	$668.3K	24,006	0.23%	+0.09pp	5q	+64.6%+$262.2K
NORTHERN LTS FD TR IV	BAMD	$640.8K	19,932	0.22%	-0.03pp	10q	-5.8%-$39.6K
KEYSIGHT TECHNOLOGIES INC	KEYS	$610.2K	1,676	0.21%	flat	10q	HELD
INNOVATOR ETFS TRUST	ZFEB	$601.0K	22,788	0.21%	-0.01pp	7q	-3.0%-$18.6K
ISHARES TR	ESGU	$600.0K	3,597	0.21%	+0.01pp	2q	+6.0%+$34.0K
VANGUARD MUN BD FDS	VTEB	$594.2K	12,547	0.21%	-0.02pp	2q	+0.5%+$3.0K
INNOVATOR ETFS TRUST	ZOCT	$584.0K	20,769	0.20%	flat	8q	+2.2%+$12.8K
INNOVATOR ETFS TRUST	BAPR	$566.4K	10,368	0.20%	flat	10q	HELD
INNOVATOR ETFS TRUST	BNOV	$550.0K	11,233	0.19%	-0.01pp	4q	-0.9%-$5.1K
VANGUARD CALIF TAX FREE FDS	VTEC	$546.3K	5,794	0.19%	-0.02pp	2q	HELD
ISHARES TR	IBTI	$539.2K	24,611	0.19%	-0.01pp	4q	-1.3%-$7.2K
ABBVIE INC	ABBV	$526.6K	2,013	0.18%	flat	10q	HELD
BROADCOM INC	AVGO	$519.2K	1,478	0.18%	flat	6q	+11.2%+$52.3K
INNOVATOR ETFS TRUST	BJAN	$516.0K	8,526	0.18%	-0.12pp	4q	-39.3%-$333.6K
FIRST TR EXCHNG TRADED FD VI	BUFY	$506.6K	21,349	0.18%	flat	5q	+0.8%+$3.9K
BONDBLOXX ETF TRUST	XTWO	$497.0K	10,282	0.17%	-	new	NEW
FIRST TR EXCHNG TRADED FD VI	APXM	$496.3K	15,434	0.17%	-0.01pp	2q	HELD
ALPHABET INC	GOOG	$489.4K	1,436	0.17%	-0.01pp	2q	HELD
PALANTIR TECHNOLOGIES INC	PLTR	$483.5K	2,585	0.17%	+0.06pp	6q	+5.2%+$23.9K
FIRST TR EXCHNG TRADED FD VI	BUFD	$470.1K	15,478	0.16%	flat	10q	+3.3%+$15.0K
ISHARES TR	CMF	$464.8K	8,589	0.16%	-0.02pp	2q	HELD
FIRST TR EXCHNG TRADED FD VI	FFEB	$458.0K	7,317	0.16%	-0.02pp	10q	-9.0%-$45.3K
J P MORGAN EXCHANGE TRADED F	HEQQ	$446.0K	7,143	0.16%	flat	2q	HELD
J P MORGAN EXCHANGE TRADED F	HELO	$444.7K	6,429	0.16%	flat	2q	HELD
FIRST TR EXCHNG TRADED FD VI	FDEC	$428.1K	7,640	0.15%	flat	6q	+1.7%+$7.3K
META PLATFORMS INC	META	$422.2K	582	0.15%	+0.03pp	10q	+4.9%+$19.6K
FIRST TR EXCHANGE-TRADED FD	FAI	$401.7K	7,087	0.14%	flat	4q	-3.4%-$14.1K
INNOVATOR ETFS TRUST	DDFL	$390.9K	18,067	0.14%	-	new	NEW
VANGUARD SCOTTSDALE FDS	VGSH	$388.5K	6,749	0.14%	-0.04pp	6q	-20.3%-$99.2K
DELL TECHNOLOGIES INC	DELL	$380.2K	707	0.13%	+0.02pp	2q	HELD
ELI LILLY & CO	LLY	$365.9K	316	0.13%	flat	2q	+7.5%+$25.5K
BLACKROCK ETF TRUST II	BINC	$362.9K	7,145	0.13%	+0.05pp	4q	+67.4%+$146.1K
INNOVATOR ETFS TRUST	USEP	$361.9K	8,611	0.13%	-	new	NEW
WELLS FARGO & CO	WFC	$359.9K	4,495	0.13%	-0.01pp	3q	+2.4%+$8.4K
ISHARES TR	SUB	$355.6K	3,402	0.12%	-0.01pp	2q	+0.9%+$3.3K
FIRST TR EXCHNG TRADED FD VI	FMAY	$355.1K	6,189	0.12%	flat	2q	HELD
INNOVATOR ETFS TRUST	ZNOV	$354.7K	12,705	0.12%	flat	5q	HELD
INTEL CORP	INTC	$354.0K	2,945	0.12%	-0.03pp	2q	HELD
STATE STR SPDR S&P MIDCAP 40	MDY	$344.1K	524	0.12%	-0.01pp	3q	HELD
JOHNSON & JOHNSON	JNJ	$336.1K	1,270	0.12%	-0.01pp	4q	-6.1%-$22.0K
FIRST TR EXCHANGE TRADED FD	FTRI	$334.4K	19,921	0.12%	-0.02pp	5q	-14.3%-$56.0K
APPLIED MATLS INC	AMAT	$333.9K	653	0.12%	-0.03pp	5q	+15.8%+$45.5K
FIRST TR EXCHNG TRADED FD VI	GNOV	$332.8K	7,774	0.12%	flat	3q	HELD
FIRST TR EXCHNG TRADED FD VI	FJUL	$332.1K	5,425	0.12%	-	new	NEW
INNOVATOR ETFS TRUST	ZDEK	$326.4K	12,155	0.11%	flat	6q	HELD
FIRST TR EXCHNG TRADED FD VI	MARM	$323.9K	9,369	0.11%	flat	10q	HELD
FIRST TR EXCHNG TRADED FD VI	XSEP	$321.0K	7,089	0.11%	+0.01pp	10q	+10.9%+$31.5K
ISHARES TR	MUB	$319.0K	3,155	0.11%	-0.01pp	2q	+1.0%+$3.0K
J P MORGAN EXCHANGE TRADED F	JEPI	$317.2K	5,643	0.11%	flat	6q	+5.9%+$17.7K
JPMORGAN CHASE & CO	JPM	$316.8K	957	0.11%	+0.01pp	2q	+12.7%+$35.8K
ISHARES TR	IJR	$306.1K	2,250	0.11%	-0.02pp	10q	-3.3%-$10.5K
ISHARES TR	IJH	$304.9K	4,238	0.11%	-0.01pp	10q	HELD
FIRST TR EXCHNG TRADED FD VI	GDEC	$303.2K	7,432	0.11%	flat	4q	HELD
GILEAD SCIENCES INC	GILD	$302.6K	2,029	0.11%	+0.02pp	4q	+5.5%+$15.8K
INNOVATOR ETFS TRUST	ZAPR	$299.5K	11,074	0.10%	flat	2q	HELD
VANGUARD WORLD FD	VFH	$298.7K	2,296	0.10%	-0.01pp	10q	HELD
FIRST TR EXCHNG TRADED FD VI	QMAR	$294.5K	7,662	0.10%	flat	8q	-1.5%-$4.6K
SELECT SECTOR SPDR TR	XLI	$287.4K	1,721	0.10%	-0.02pp	9q	HELD
FIRST TR EXCHANGE-TRADED FD	RDVI	$283.4K	10,166	0.10%	-0.01pp	4q	HELD
SPDR SERIES TRUST	SPYV	$282.5K	4,621	0.10%	flat	10q	HELD
FIRST TR EXCHNG TRADED FD VI	FJUN	$282.4K	4,615	0.10%	flat	10q	HELD
FIRST TR EXCHANGE-TRADED FD	GRID	$276.8K	1,563	0.10%	-	new	NEW
FIRST TR EXCHNG TRADED FD VI	GJUL	$276.5K	6,205	0.10%	-	new	NEW
UNION PAC CORP	UNP	$264.6K	972	0.09%	flat	4q	HELD
FIRST TR EXCHNG TRADED FD VI	BUFS	$262.5K	10,631	0.09%	-	new	NEW
TIDAL TRUST II	CHAT	$261.9K	2,848	0.09%	-	new	NEW
NORTHERN LTS FD TR IV	BAMA	$259.0K	7,080	0.09%	-0.01pp	10q	-5.2%-$14.2K
SPDR GOLD TR	GLD	$254.8K	669	0.09%	-0.02pp	3q	-16.9%-$51.8K
BLACKSTONE INC	BX	$252.8K	2,255	0.09%	-0.01pp	2q	HELD
SELECT SECTOR SPDR TR	XLV	$250.6K	1,488	0.09%	flat	5q	HELD
FIRST TR EXCHNG TRADED FD VI	GAPR	$249.1K	5,851	0.09%	flat	2q	HELD
NORTHERN LTS FD TR IV	BAMO	$246.0K	7,104	0.09%	-0.01pp	10q	-5.2%-$13.6K
FIRST TR EXCHNG TRADED FD VI	QCJL	$246.0K	9,430	0.09%	flat	6q	-3.0%-$7.6K
FIRST TR EXCHANGE-TRADED FD	KNG	$242.4K	5,035	0.08%	-0.01pp	4q	HELD
JACOBS SOLUTIONS INC	J	$239.3K	1,769	0.08%	flat	10q	HELD
LAM RESEARCH CORP	LRCX	$233.6K	711	0.08%	-0.03pp	2q	+2.3%+$5.3K
EXXONMOBIL HOLDINGS CORP	XOM	$230.4K	1,416	0.08%	-	new	NEW
AMGEN INC	AMGN	$223.3K	529	0.08%	-0.01pp	4q	-19.4%-$53.6K
ISHARES TR	USMV	$221.8K	2,276	0.08%	-0.01pp	10q	-8.4%-$20.3K
ADVANCED MICRO DEVICES INC	AMD	$219.6K	359	0.08%	flat	2q	HELD
NORTHERN LTS FD TR IV	BAMY	$216.7K	8,173	0.08%	-0.01pp	10q	-5.5%-$12.7K
ARK ETF TR	ARKQ	$214.9K	1,772	0.08%	-0.01pp	2q	HELD
FIRST TR EXCHNG TRADED FD VI	GJUN	$213.5K	5,091	0.07%	flat	9q	HELD
ARES CAPITAL CORP	ARCC	$213.1K	11,156	0.07%	-	new	NEW
BANK OF AMER CORP	BAC	$212.4K	3,903	0.07%	-0.01pp	2q	HELD
INNOVATOR ETFS TRUST	UMAY	$211.9K	5,465	0.07%	-0.01pp	2q	-13.4%-$32.8K
INNOVATOR ETFS TRUST	UJUL	$211.6K	5,113	0.07%	-	new	NEW
INNOVATOR ETFS TRUST	UAUG	$211.2K	4,915	0.07%	-	new	NEW
INNOVATOR ETFS TRUST	UJUN	$210.9K	5,387	0.07%	-0.01pp	2q	-13.3%-$32.4K
SSGA ACTIVE ETF TR	TOTL	$207.8K	5,553	0.07%	-0.01pp	4q	HELD
GLOBAL X FDS	DTCR	$206.2K	7,598	0.07%	-	new	NEW
SPDR INDEX SHS FDS	SPEM	$204.3K	3,947	0.07%	flat	2q	HELD
SPDR INDEX SHS FDS	SPDW	$204.1K	4,065	0.07%	flat	2q	HELD
PAYCHEX INC	PAYX	$201.1K	2,042	0.07%	flat	2q	HELD

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
Computer Hardware	$16.8M	5.9%
Other sectors	$18.2M	6.4%
Not classified	$250.4M	87.7%

What the disclosed book did

This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.

Quarter	Book	Market	Difference	Priced
Q3 2026	+0.6%	+2.1%	-1.5%	99%
Q2 2026	+11.3%	+14.8%	-3.6%	100%
Q1 2026	-1.9%	-4.6%	+2.7%	100%
Q4 2025	+2.1%	+2.4%	-0.2%	100%
Q3 2025	+6.5%	+7.8%	-1.3%	100%
Q2 2025	+6.0%	+10.5%	-4.4%	100%
Q1 2025	-3.2%	-4.6%	+1.3%	100%
Q4 2024	+1.0%	+2.1%	-1.1%	100%

Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.

Quarter by quarter

Quarter	Value	Positions	New	Added	Trimmed	Exited	Top 10	Days to file
Q3 2026	$285.3M	169	15	49	51	11	45.7%	20
Q2 2026	$273.8M	165	31	48	58	16	44.3%	22
Q1 2026	$228.3M	150	10	44	74	9	41.3%	13
Q4 2025	$226.1M	149	24	79	25	17	44.0%	14
Q3 2025	$199.7M	142	32	39	52	10	43.3%	20
Q2 2025	$175.4M	120	20	38	44	21	42.0%	14
Q1 2025	$158.4M	121	13	38	50	15	42.2%	15
Q4 2024	$156.7M	123	14	41	44	4	44.1%	41
Q3 2024	$146.9M	113	13	41	49	293	47.0%	22
Q2 2024	$146.2M	393	0	0	0	0	44.6%	37

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.