Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +20.3%
S&P 500 total return (same window) +37.0%
Excess return -16.7%

Annualized: +16.0% · S&P 500: +28.7%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 98.4% · Options excluded: 0.0%

Sector breakdown

04
Financials 42.8%
Technology 31.3%
Communication Services 8.5%
Retail 5.6%
Industrials 5.0%
Healthcare 4.2%
Consumer Discretionary 1.0%
Energy 0.8%
Utilities 0.1%
Materials 0.1%
Consumer products 0.1%
Real Estate 0.0%
Consumer Staples 0.0%
Other/Unmapped 0.2%

Full portfolio 149 positions

05
Type Streak 8Q trend
PSBD Palmer Square Capital BDC Inc. Common Stock $34,448,238 13.47% 3,186,701 $4,487,448 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $18,866,231 7.37% 52,792 $3,935,003 Up ×1
APO Apollo Global Management, Inc. (New) Common Stock $15,518,187 6.07% 131,165 $10,577,267 Up ×1
MSFT Microsoft Corporation - Common Stock $14,082,517 5.50% 37,753 $-125,241 Down ×1
SCHW Charles Schwab Corporation (The) Common Stock $13,531,050 5.29% 146,646 $-215,052 Up ×2
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $12,502,523 4.89% 16,383 $6,106,436
HOOD Robinhood Markets, Inc. - Class A Common Stock $12,277,243 4.80% 122,430 $3,792,870
AMZN Amazon.com, Inc. - Common Stock $11,442,634 4.47% 48,010 $1,740,854 Up ×1
JPM JP Morgan Chase & Co. Common Stock $10,713,105 4.19% 32,729 $1,085,613
RJF Raymond James Financial, Inc. Common Stock $9,999,068 3.91% 65,770 Up ×1
OKTA Okta, Inc. - Class A Common Stock $9,655,338 3.77% 70,761 $4,085,740
NVDA NVIDIA Corporation - Common Stock $9,649,740 3.77% 48,227 $1,238,469
CRM Salesforce, Inc. Common Stock $9,172,165 3.59% 58,471 $4,056,613 Up ×3
ORCL Oracle Corporation Common Stock $8,002,012 3.13% 54,603 $-30,577
ALL Allstate Corporation (The) Common Stock $5,518,818 2.16% 23,089 Up ×1
AAPL Apple Inc. - Common Stock $3,764,574 1.47% 13,010 $462,766
ACHR Archer Aviation Inc. Class A Common Stock $2,907,190 1.14% 614,628 $-270,437
LLY Eli Lilly and Company Common Stock $2,167,370 0.85% 1,807 $773,918 Up ×1
AVGO Broadcom Inc. - Common Stock $2,165,641 0.85% 5,733 $802,868 Up ×1
GLW Corning Incorporated Common Stock $2,120,580 0.83% 8,302 $496,010 Down ×1
DHR Danaher Corporation Common Stock $1,565,216 0.61% 8,200
GEV GE Vernova Inc. Common Stock $1,493,883 0.58% 1,271 $-100,072 Down ×1
META Meta Platforms, Inc. - Class A Common Stock $1,445,965 0.57% 2,567 $-22,693
MU Micron Technology, Inc. - Common Stock $1,416,314 0.55% 1,227 $1,387,247 Up ×1
KLAC KLA Corporation - Common Stock $1,314,852 0.51% 4,358 $418,154 Up ×1
ABBV AbbVie Inc. Common Stock $1,233,539 0.48% 4,902 $167,403
TDY Teledyne Technologies Incorporated Common Stock $1,163,074 0.45% 1,744 $107,937
CDNS Cadence Design Systems, Inc. - Common Stock $1,071,163 0.42% 2,854 $278,122
TSM Taiwan Semiconductor Manufacturing Company Ltd. $1,056,549 0.41% 2,208 $308,282
PANW Palo Alto Networks, Inc. - Common Stock $1,030,903 0.40% 3,023 $259,603 Down ×2
V Visa Inc. $1,016,576 0.40% 2,963 $121,039
C Citigroup, Inc. Common Stock $976,361 0.38% 6,976 $185,213
PNC PNC Financial Services Group, Inc. (The) Common Stock $970,353 0.38% 3,941 $150,270
BSX Boston Scientific Corporation Common Stock $956,032 0.37% 22,400 $245,576 Up ×2
AMGN Amgen Inc. - Common Stock $929,200 0.36% 2,566 $26,353
TJX TJX Companies, Inc. (The) Common Stock $926,120 0.36% 6,113 $140,396 Up ×1
JAZZ Jazz Pharmaceuticals plc - Ordinary Shares $919,060 0.36% 3,814 Up ×1
GS Goldman Sachs Group, Inc. (The) Common Stock $914,278 0.36% 904 $-198,199 Down ×1
ANET Arista Networks, Inc. Common Stock $907,669 0.35% 5,343 $251,655
NDAQ Nasdaq, Inc. - Common Stock $875,533 0.34% 11,108 $540,472 Up ×1
RPRX Royalty Pharma plc - Class A Ordinary Shares $849,909 0.33% 15,158 Up ×1
BLK BlackRock, Inc. Common Stock $849,057 0.33% 883 $-133
URI United Rentals, Inc. Common Stock $839,471 0.33% 741 $299,608
MA Mastercard Incorporated Common Stock $823,814 0.32% 1,604 $566,489 Up ×1
ETN Eaton Corporation, PLC Ordinary Shares $813,037 0.32% 1,908 $130,603
AZO AutoZone, Inc. Common Stock $808,573 0.32% 253 $-46,005
TSLA Tesla, Inc. - Common Stock $781,054 0.31% 1,857 $90,714
UBER Uber Technologies, Inc. Common Stock $763,741 0.30% 10,584 $35,737 Up ×1
MPWR Monolithic Power Systems, Inc. - Common Stock $758,629 0.30% 548 $158,377
DDOG Datadog, Inc. - Class A Common Stock $748,014 0.29% 2,873 Up ×1
COST Costco Wholesale Corporation - Common Stock $739,021 0.29% 790 $-48,159
PSX Phillips 66 Common Stock $698,853 0.27% 4,134 $471,857 Up ×1
ADI Analog Devices, Inc. - Common Stock $682,735 0.27% 1,719 $135,852
SIMO Silicon Motion Technology Corporation - American Depositary Shares, each representing four ordinary shares $681,327 0.27% 2,044 Up ×1
TEL TE Connectivity plc Ordinary Shares $674,789 0.26% 3,347 $-24,801
SYK Stryker Corporation Common Stock $657,645 0.26% 2,083 $-54,340 Down ×1
MTB M&T Bank Corporation Common Stock $643,103 0.25% 2,702 $84,546
DE Deere & Company Common Stock $639,766 0.25% 1,006 $71,456
BKR Baker Hughes Company - Common Stock $636,086 0.25% 11,461 $-589,371 Down ×1
MAR Marriott International - Class A Common Stock $625,927 0.24% 1,689 $73,506
QCOM QUALCOMM Incorporated - Common Stock $588,741 0.23% 3,186 $584,105 Up ×1
AZN AstraZeneca PLC - American Depositary Shares $564,309 0.22% 2,976 $-22,618
CVX Chevron Corporation Common Stock $559,772 0.22% 3,377 $-138,929
GLD SPDR Gold Shares $521,258 0.20% 1,415 $-87,602
NOW ServiceNow, Inc. Common Stock $496,400 0.19% 5,000 $-56,670 Down ×2
DASH DoorDash, Inc. - Common Stock $489,374 0.19% 2,652 $91,176
RIVN Rivian Automotive, Inc. - Class A Common Stock $454,136 0.18% 26,175 $60,202
AMAT Applied Materials, Inc. - Common Stock $420,786 0.16% 582 $315,515 Up ×1
FAST Fastenal Company - Common Stock $383,904 0.15% 7,993 $148,470 Up ×2
WMT Walmart Inc. - Common Stock $336,382 0.13% 2,970 $-33,465
CMI Cummins Inc. Common Stock $330,216 0.13% 463 $222,612 Up ×1
PSTG Everpure, Inc. Class A common stock $301,135 0.12% 3,822 $75,484
NEE NextEra Energy, Inc. Common Stock $280,513 0.11% 3,196 $-16,331
LIN Linde plc - Ordinary Shares $275,557 0.11% 531 $12,308
TT Trane Technologies plc $271,611 0.11% 553 $41,154
REGN Regeneron Pharmaceuticals, Inc. - Common Stock $268,122 0.10% 430 $-437,298 Down ×1
MRK Merck & Company, Inc. Common Stock (new) $247,059 0.10% 1,910 $15,682
NFLX Netflix, Inc. - Common Stock $234,977 0.09% 3,291 $54,215 Up ×3
PG Procter & Gamble Company (The) Common Stock $212,188 0.08% 1,447 $-362,394 Down ×1
PLTR Palantir Technologies Inc. - Class A Common Stock $205,106 0.08% 1,758 $46,538 Up ×2
EXPE Expedia Group, Inc. - Common Stock $192,678 0.08% 753 $18,818
DELL Dell Technologies Inc. Class C Common Stock $159,209 0.06% 369 $98,645
TMUS T-Mobile US, Inc. - Common Stock $150,957 0.06% 900
MS Morgan Stanley Common Stock $149,255 0.06% 714 $31,752
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $102,580 0.04% 205 $4,344
AMD Advanced Micro Devices, Inc. - Common Stock $99,917 0.04% 172 $64,927
MCK McKesson Corporation Common Stock $96,822 0.04% 128 $-14,049
JNJ Johnson & Johnson Common Stock $87,874 0.03% 346 $3,298
TXN Texas Instruments Incorporated - Common Stock $86,142 0.03% 289 $30,036
KMI Kinder Morgan, Inc. Common Stock $79,765 0.03% 2,495 $-3,892
DUK Duke Energy Corporation (Holding Company) Common Stock $74,302 0.03% 587 $-2,560
LRCX Lam Research Corporation - Common Stock $62,871 0.02% 145 $31,853
COHR Coherent Corp. Common Stock $62,721 0.02% 159 $24,846
GE GE Aerospace Common Stock $58,676 0.02% 157 $14,050
XOM Exxon Mobil Corporation Common Stock $57,833 0.02% 423 $-13,933
GILD Gilead Sciences, Inc. - Common Stock $56,095 0.02% 444 $-5,785
GSK GSK plc American Depositary Shares (Each representing two Ordinary Shares) $55,677 0.02% 1,053 $-2,941
DLTR Dollar Tree, Inc. - Common Stock $54,307 0.02% 449 $5,137
BKNG Booking Holdings Inc. - Common Stock $49,016 0.02% 275 $-637,266 Up ×1
LAMR Lamar Advertising Company - Class A Common Stock $47,262 0.02% 303 $8,884

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

SecurityValue% of portfolioStreak
CRM $9,172,165 3.59% up ×3
NFLX $234,977 0.09% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
RJF $9,999,068 65,770 3.91%
ALL $5,518,818 23,089 2.16%
DHR $1,565,216 8,200 0.61%
JAZZ $919,060 3,814 0.36%
RPRX $849,909 15,158 0.33%
DDOG $748,014 2,873 0.29%
SIMO $681,327 2,044 0.27%
TMUS $150,957 900 0.06%
CP $44,636 514 0.02%
CLS $37,574 103 0.01%
LITE $36,039 42 0.01%
Unknown issuer (CUSIP: 15675D103) $31,603 143 0.01%
Unknown issuer (CUSIP: 438516205) $23,286 104 0.01%
Unknown issuer (CUSIP: 43849R105) $22,992 104 0.01%
NTRS $8,732 50 0.00%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
APO Bought more +87K +$10.6M
CRWD Price move only +0 +$6.1M
PSBD Bought more +232K +$4.5M
OKTA Price move only +0 +$4.1M
CRM Bought more +31K +$4.1M
GOOGL Bought more +868 +$3.9M
HOOD Price move only +0 +$3.8M
AMZN Bought more +1K +$1.7M
NVDA Price move only +0 +$1.2M
JPM Price move only +0 +$1.1M

1 position hidden — reported move looks larger than the position itself (data completeness check)

Exited positions

11

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarterShares beforeValue beforePrice since exit
IGV June 30, 2026 242,040 $19,375,262 17.0%
SPY Sept. 30, 2025 17,033 $10,554,021 No longer tracked
XLI Sept. 30, 2025 71,395 $10,532,121 10.2%
GRNY March 31, 2026 219,427 $5,433,006
XLF Sept. 30, 2025 100,604 $5,268,612 -0.7%
QQQ Sept. 30, 2025 9,485 $5,238,093 24.0%
SPSM Sept. 30, 2025 112,677 $4,800,029
LPLA June 30, 2026 13,873 $4,173,395 12.3%
PAYS June 30, 2026 497,435 $2,934,867 73.7%
SMH Sept. 30, 2025 9,715 $2,709,319 93.2%
IJR Sept. 30, 2025 23,128 $2,527,659 16.4%
KRE Sept. 30, 2025 37,078 $2,202,062
DHR Dec. 31, 2025 8,200 $1,628,356 -6.5%
EW Sept. 30, 2025 16,200 $1,267,002 9.5%
MCHP Sept. 30, 2025 17,100 $1,203,327 26.6%
TTWO Sept. 30, 2025 4,579 $1,112,010 -21.5%
UNP March 31, 2026 4,600 $1,064,072 14.7%
UPS March 31, 2026 9,600 $952,224 -5.4%
ABT March 31, 2026 6,689 $838,065 -5.0%
ALB Dec. 31, 2025 9,800 $799,687 -26.1%
PLNT March 31, 2026 5,958 $646,264 -43.0%
SPGI March 31, 2026 1,195 $624,495 -9.2%
WCN March 31, 2026 3,551 $622,703 -5.3%
XYL March 31, 2026 4,474 $609,269 -14.8%
LULU Sept. 30, 2025 2,485 $590,386 -46.9%
KR March 31, 2026 8,986 $561,445 -18.4%
SNY Sept. 30, 2025 9,344 $451,409 -15.4%
APTV June 30, 2026 6,095 $423,237 -29.1%
WRB March 31, 2026 6,009 $421,351 4.1%
SAP Dec. 31, 2025 1,494 $399,212 -14.1%
TEAM Sept. 30, 2025 1,948 $395,619 17.7%
DKNG Dec. 31, 2025 9,811 $366,931 -46.1%
FCX June 30, 2025 8,286 $313,708 66.2%
FAS March 31, 2026 1,400 $235,662
AMD Dec. 31, 2025 1,400 $226,506 196.0%
TMUS March 31, 2026 1,108 $224,968 -22.1%
MSTX Dec. 31, 2025 9,132 $195,242
LDOS June 30, 2026 1,250 $194,400 14.3%
TMO June 30, 2025 348 $173,314 61.5%
ACM March 31, 2026 1,649 $157,199 -29.7%
CMCSA March 31, 2026 5,000 $149,450 -24.9%
TNA March 31, 2026 2,900 $132,066
TQQQ June 30, 2026 2,600 $108,368
GIS June 30, 2025 1,600 $95,664 -38.2%
UNH June 30, 2025 154 $80,658 19.2%
RCL Dec. 31, 2025 183 $59,398 -0.4%
HON June 30, 2026 208 $47,014 -4.4%
TGT June 30, 2025 441 $46,023 58.1%
KOLD March 31, 2026 1,200 $42,324 27.8%
APP March 31, 2026 61 $41,103 -32.6%
NUGT March 31, 2026 200 $36,770 -12.0%
SSNC June 30, 2026 543 $36,691 26.6%
TECL March 31, 2026 300 $35,247
SOXL March 31, 2026 800 $33,624
ADBE Sept. 30, 2025 86 $33,272 -32.6%
FISV Dec. 31, 2025 255 $32,877 -34.0%
PNFP Sept. 30, 2025 270 $29,811 2.5%
BX June 30, 2026 241 $27,713 -5.0%
FLR Sept. 30, 2025 522 $26,763 18.6%
CMG June 30, 2025 533 $26,762 -42.4%
RMD June 30, 2026 118 $26,489 12.3%
WSC Sept. 30, 2025 955 $26,167 -18.0%
ZTS Dec. 31, 2025 178 $26,045 -44.6%
YANG Dec. 31, 2025 1,200 $25,788
EPAM June 30, 2026 156 $21,122 36.5%
SNPS June 30, 2026 52 $20,617 9.8%
UVXY March 31, 2026 540 $19,402 -67.6%
XYZ June 30, 2025 346 $18,798 9.4%
BHP Dec. 31, 2025 320 $17,840 42.6%
EG June 30, 2025 48 $17,440 8.4%
BALL Dec. 31, 2025 344 $17,344 6.4%
LYB Sept. 30, 2025 293 $16,953 19.5%
TD June 30, 2025 271 $16,244 60.5%
EBAY June 30, 2025 228 $15,442 42.9%
CVS June 30, 2025 217 $14,702 25.3%
STM June 30, 2025 564 $12,436 88.3%
CNI June 30, 2025 126 $12,280 15.1%
VZ June 30, 2025 225 $10,206 6.1%
BMY June 30, 2025 151 $9,209 32.1%
PFF March 31, 2026 265 $8,204
VIXY March 31, 2026 300 $7,692 -51.3%
SYY March 31, 2026 79 $5,822 8.6%
AWK June 30, 2026 36 $4,899 -1.0%
DUST March 31, 2026 600 $4,464
SQQQ Dec. 31, 2025 100 $1,523