NRI Wealth Management LC

2. Key Holdings

The portfolio is anchored by significant exposure to the "Magnificent Seven" and the semiconductor ecosystem, largely accessed through both direct stock ownership and ETFs.

• Top Position: The INVESCO QQQ TR (QQQ) is the largest holding at $34.17 million, representing 17.43% of the portfolio. This indicates a strong conviction in large-cap growth and the Nasdaq-100.
• Technology Concentration: NVIDIA (NVDA) is the largest individual equity holding ($18.87M, 9.62%), followed closely by Apple (AAPL) at 4.96%. The firm holds substantial positions in other tech giants, including Microsoft (MSFT) (2.83%) and Amazon (AMZN) (3.47%).
• Semiconductor Focus: Beyond NVDA, the portfolio holds Lam Research (LRCX) (3.83%) and Micron Technology (MU) (3.83%), as well as Taiwan Semiconductor (TSM) (2.40%).
• ETF Layering: The firm employs a layered ETF approach, holding IVV (S&P 500) at 9.83%, VGT (Information Technology) at 9.32%, and VTI (Total Market) at 2.83%. This creates a synthetic overlap where the firm holds the market, the sector, and the specific leaders simultaneously.