Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 -29.4%
S&P 500 total return (same window) +37.0%
Excess return -66.4%

Annualized: -24.3% · 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: 95.9% · Options excluded: 0.0%

Sector breakdown

04
Technology 74.7%
Financials 1.4%
Industrials 1.0%
Retail 0.5%
Energy 0.3%
Consumer Discretionary 0.3%
Communication Services 0.1%
Other/Unmapped 21.8%

Full portfolio 30 positions

05
Type Streak 8Q trend
FICO Fair Isaac Corporation Common Stock $150,351,115 73.85% 125,840 $15,781,293 Down ×6
VYM Vanguard High Dividend Yield ETF $18,782,522 9.23% 118,854 $1,178,790 Down ×1
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF $8,650,500 4.25% 150,000 $1,402,500
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF $8,647,680 4.25% 128,000 $1,067,520
WFC Wells Fargo & Company Common Stock $2,399,866 1.18% 29,040 $87,992
VTI Vanguard Morningstar Total Stock Market ETF $1,837,570 0.90% 4,966 $234,327 Down ×2
CAT Caterpillar, Inc. Common Stock $1,436,564 0.71% 1,349 $410,003 Down ×2
NVDA NVIDIA Corporation - Common Stock $1,159,332 0.57% 5,794 $149,000 Up ×1
VAW Vanguard Materials ETF $1,147,867 0.56% 5,017 $17,322
SCHD SCHWAB STRATEGIC TRUST $1,137,699 0.56% 35,878 Up ×1
VUG Vanguard Morningstar Growth ETF $845,048 0.42% 9,810 $130,849 Up ×1
CVX Chevron Corporation Common Stock $704,480 0.35% 4,250 $-174,845
AMZN Amazon.com, Inc. - Common Stock $678,316 0.33% 2,846 $79,956 Down ×1
SCHB SCHWAB STRATEGIC TRUST $586,614 0.29% 20,256 $65,802 Down ×2
ITOT iShares Trust $555,068 0.27% 3,379 $73,797
TSLA Tesla, Inc. - Common Stock $521,123 0.26% 1,239 $62,383 Up ×1
AAPL Apple Inc. - Common Stock $502,123 0.25% 1,735 $60,012 Down ×1
SPY SPY $410,724 0.20% 550 $53,037
DVY iShares Select Dividend ETF $400,339 0.20% 2,561 $-24,825 Down ×3
VGT Vanguard Information Tech ETF $343,762 0.17% 2,876 $105,089 Up ×1
AXON Axon Enterprise, Inc. - Common Stock $298,245 0.15% 532 $72,310
COF Capital One Financial Corporation Common Stock $294,031 0.14% 1,466 $26,687 Up ×1
ROST Ross Stores, Inc. - Common Stock $279,116 0.14% 1,311 $-4,935
VIG Vanguard Div Appreciation ETF $272,113 0.13% 1,150 $24,794
VXF Vanguard Extended Market ETF $246,210 0.12% 1,000 $40,410
MMM 3M Company Common Stock $242,865 0.12% 1,500 $25,020
GOOG Alphabet Inc. - Class C Capital Stock $233,198 0.11% 660
VB Vanguard Morningstar Small-Cap ETF $223,262 0.11% 737
MS Morgan Stanley Common Stock $209,040 0.10% 1,000 Up ×1
XLU XLU $201,763 0.10% 4,450 $-2,448

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
SCHD $1,137,699 35,878 0.56%
GOOG $233,198 660 0.11%
VB $223,262 737 0.11%
MS $209,040 1,000 0.10%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
FICO Trimmed -216 +$15.8M
SPSM Price move only +0 +$1.4M
VYM Trimmed -10 +$1.2M
SPMD Price move only +0 +$1.1M
CAT Trimmed -100 +$410K
VTI Trimmed -31 +$234K
CVX Price move only +0 -$175K
NVDA Bought more +1 +$149K
VUG Bought more +8K +$131K
VGT Bought more +3K +$105K

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
CLX Dec. 31, 2025 2,000 $246,600 -20.3%
MSFT March 31, 2026 506 $244,737 39.8%
VB March 31, 2026 936 $241,519
DFS June 30, 2025 1,405 $239,834 No longer tracked
ABBV March 31, 2026 960 $219,350 20.8%
META Dec. 31, 2025 293 $215,336 10.3%
VT March 31, 2026 1,521 $214,552
T Dec. 31, 2025 7,587 $214,263 -2.2%
WABC Dec. 31, 2025 4,200 $209,958 24.6%
GOOG March 31, 2026 660 $207,108 18.6%
ABBV June 30, 2025 960 $201,139 41.6%