Equity Income Portfolio trades

Our Equity Income Portfolio has reduced some of its largest holdings

The Intelligent Investor Equity Income Portfolio has reduced its holding in Trade Me by about two percentage points to 6.6% (at $5.32) and its holdings in ASX (at $51.51) and Virtus Health (at $7.92) each by one percentage point, to 6.3% and 4.3% respectively.

It has used the money (and some cash) to increase its holding in Commonwealth Bank by three percentage points to 5.2% (at $71.60) and its holding in Westpac by 1.5 percentage points to 3.8% (at $29.55).

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