Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +44.1%
S&P 500 total return (same window) +37.0%
Excess return +7.1%

Annualized: +34.0% · 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: 98.9% · Options excluded: 0.0%

Sector breakdown

04
Technology 49.1%
Communication Services 13.6%
Retail 8.2%
Healthcare 6.1%
Financials 5.7%
Industrials 5.4%
Consumer Discretionary 4.4%
Consumer Staples 2.0%
Utilities 1.7%
Energy 1.3%
Materials 0.8%
Real Estate 0.5%
Consumer products 0.5%
Other/Unmapped 0.6%

Full portfolio 200 positions

05
Type Streak 8Q trend
NVDA NVIDIA Corporation - Common Stock $22,772,243 9.16% 113,810 $2,923,779
GOOGL Alphabet Inc. - Class A Common Stock $18,717,254 7.53% 52,375 $3,656,299
AAPL Apple Inc. - Common Stock $17,584,407 7.07% 60,770 $2,161,589
MSFT Microsoft Corporation - Common Stock $11,962,751 4.81% 32,070 $91,399
AMZN Amazon.com, Inc. - Common Stock $10,933,848 4.40% 45,875 $1,379,462
MU Micron Technology, Inc. - Common Stock $10,330,896 4.16% 8,950 $7,307,228
AVGO Broadcom Inc. - Common Stock $9,519,300 3.83% 25,200 $1,719,648
AMD Advanced Micro Devices, Inc. - Common Stock $7,153,907 2.88% 12,315 $4,648,667
TSLA Tesla, Inc. - Common Stock $6,353,163 2.56% 15,105 $737,879
META Meta Platforms, Inc. - Class A Common Stock $6,287,443 2.53% 11,162 $-98,672
LRCX Lam Research Corporation - Common Stock $4,983,295 2.00% 11,500 $2,526,205
AMAT Applied Materials, Inc. - Common Stock $4,659,735 1.87% 6,445 $2,456,898
SMWB Similarweb Ltd. Ordinary Shares $4,039,272 1.62% 658,935 $1,779,124
INTC Intel Corporation - Common Stock $4,008,777 1.61% 28,710 $2,793,878 Up ×1
CSCO Cisco Systems, Inc. - Common Stock $3,564,324 1.43% 30,345 $1,209,855
WDC Western Digital Corporation - Common Stock $3,136,115 1.26% 4,910 $1,808,009
KLAC KLA Corporation - Common Stock $2,805,903 1.13% 9,300 $1,436,562 Up ×1
COST Costco Wholesale Corporation - Common Stock $2,586,575 1.04% 2,765 $-377,804 Down ×1
SNDK Sandisk Corporation - Common Stock $2,171,412 0.87% 955 Up ×1
WMT Walmart Inc. - Common Stock $2,154,205 0.87% 19,020 $-1,277,787 Down ×1
LLY Eli Lilly and Company Common Stock $2,146,980 0.86% 1,790 $500,592
JPM JP Morgan Chase & Co. Common Stock $1,947,614 0.78% 5,950 $197,362
PLTR Palantir Technologies Inc. - Class A Common Stock $1,899,388 0.76% 16,280 $-482,050
PANW Palo Alto Networks, Inc. - Common Stock $1,879,020 0.76% 5,510 $1,026,118 Up ×2
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $1,876,463 0.75% 3,750 $79,463
NFLX Netflix, Inc. - Common Stock $1,788,570 0.72% 25,050 $-913,245 Down ×1
AMGN Amgen Inc. - Common Stock $1,691,100 0.68% 4,670 $47,960
V Visa Inc. $1,437,547 0.58% 4,190 $171,161
CAT Caterpillar, Inc. Common Stock $1,352,423 0.54% 1,270 $452,679
JNJ Johnson & Johnson Common Stock $1,295,247 0.52% 5,100 $48,603
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $1,243,918 0.50% 1,630 $742,241 Up ×1
ADI Analog Devices, Inc. - Common Stock $1,179,595 0.47% 2,970 $234,719
ABBV AbbVie Inc. Common Stock $1,100,925 0.44% 4,375 $149,406
GILD Gilead Sciences, Inc. - Common Stock $1,087,156 0.44% 8,605 $-112,123
BKNG Booking Holdings Inc. - Common Stock $1,069,440 0.43% 6,000 $58,963 Up ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $1,059,857 0.43% 2,550 $369,852
KO Coca-Cola Company (The) Common Stock $1,058,135 0.43% 13,020 $67,964
MA Mastercard Incorporated Common Stock $1,052,880 0.42% 2,050 $28,577
APP Applovin Corporation - Class A Common Stock $1,043,341 0.42% 2,025 $297,091 Up ×3
PEP PepsiCo, Inc. - Common Stock $1,029,040 0.41% 7,600 $-151,164
TMUS T-Mobile US, Inc. - Common Stock $995,478 0.40% 5,935 $44,042 Up ×2
AEP American Electric Power Company, Inc. - Common Stock $909,787 0.37% 6,650 $38,105
LIN Linde plc - Ordinary Shares $877,009 0.35% 1,690 $-69,893 Down ×1
HD Home Depot, Inc. (The) Common Stock $858,776 0.35% 2,435 $209,218 Up ×1
GE GE Aerospace Common Stock $846,498 0.34% 2,265 $203,759
ISRG Intuitive Surgical, Inc. - Common Stock $845,070 0.34% 2,125 $-134,534
MS Morgan Stanley Common Stock $841,386 0.34% 4,025 $178,992
T AT&T Inc. $835,556 0.34% 40,365 $-334,625
QCOM QUALCOMM Incorporated - Common Stock $808,456 0.33% 4,375 $245,043
DELL Dell Technologies Inc. Class C Common Stock $772,313 0.31% 1,790 $478,520
FTNT Fortinet, Inc. - Common Stock $771,172 0.31% 5,020 $360,938
MRK Merck & Company, Inc. Common Stock (new) $767,788 0.31% 5,975 $49,055
ADP Automatic Data Processing, Inc. - Common Stock $761,430 0.31% 3,400 $70,618
PM Philip Morris International Inc Common Stock $743,540 0.30% 4,110 $63,993
VRTX Vertex Pharmaceuticals Incorporated - Common Stock $737,644 0.30% 1,485 $7,551 Down ×1
CDNS Cadence Design Systems, Inc. - Common Stock $729,997 0.29% 1,945 $189,540
SBUX Starbucks Corporation - Common Stock $700,002 0.28% 6,850 $150,815 Up ×1
ORCL Oracle Corporation Common Stock $691,716 0.28% 4,720 $97,392 Up ×1
GEV GE Vernova Inc. Common Stock $664,971 0.27% 566 $170,910
RTX RTX Corporation Common Stock $652,671 0.26% 3,440 $-10,905
ANET Arista Networks, Inc. Common Stock $648,942 0.26% 3,820 $179,922
NTAP NetApp, Inc. - Common Stock $643,802 0.26% 4,160 $217,860
ASML ASML Holding N.V. - New York Registry Shares $626,674 0.25% 315 $210,613
IBM International Business Machines Corporation Common Stock $608,820 0.24% 2,165 $84,046
BKR Baker Hughes Company - Common Stock $607,725 0.24% 10,950 $-60,773
WFC Wells Fargo & Company Common Stock $596,661 0.24% 7,220 $21,877
MNST Monster Beverage Corporation - Common Stock $591,138 0.24% 6,150 $145,509
Unknown issuer (CUSIP: 438516205) $591,096 0.24% 2,640 Up ×1
Unknown issuer (CUSIP: 43849R105) $583,651 0.23% 2,640 Up ×1
CSX CSX Corporation - Common Stock $583,193 0.23% 12,270 $79,509
CRM Salesforce, Inc. Common Stock $581,209 0.23% 3,710 $33,333 Up ×1
SCHW Charles Schwab Corporation (The) Common Stock $560,079 0.23% 6,070 $-10,380
APH Amphenol Corporation Common Stock $555,408 0.22% 3,150 $157,405
SNPS Synopsys, Inc. - Common Stock $555,357 0.22% 1,245 $61,739
CEG Constellation Energy Corporation - Common Stock When-Issued $551,381 0.22% 2,220 $-8,515 Up ×1
NOW ServiceNow, Inc. Common Stock $538,594 0.22% 5,425
COP ConocoPhillips Common Stock $535,394 0.22% 5,150 $-144,406
MAR Marriott International - Class A Common Stock $533,650 0.21% 1,440 $62,669
SYY Sysco Corporation Common Stock $524,047 0.21% 6,270 Up ×1
BAC Bank of America Corporation Common Stock $504,843 0.20% 8,860 $72,918
FITB Fifth Third Bancorp - Common Stock $499,156 0.20% 8,855 $87,753
STZ Constellation Brands, Inc. Common Stock $489,597 0.20% 3,520 $-38,403
CNC Centene Corporation Common Stock $487,202 0.20% 7,590 $238,705
ORLY O'Reilly Automotive, Inc. - Common Stock $483,473 0.19% 5,250 $-1,155
DDOG Datadog, Inc. - Class A Common Stock $479,062 0.19% 1,840 $261,850
CMI Cummins Inc. Common Stock $471,432 0.19% 661 $115,801
JCI Johnson Controls International plc Ordinary Share $455,133 0.18% 3,115 $47,224
D Dominion Energy, Inc. Common Stock $446,617 0.18% 6,540 $42,314
ROST Ross Stores, Inc. - Common Stock $443,792 0.18% 2,085 $-7,882
KR Kroger Company (The) Common Stock $442,296 0.18% 7,965 Up ×1
AXP American Express Company Common Stock $441,416 0.18% 1,305 $46,680
C Citigroup, Inc. Common Stock $433,876 0.17% 3,100 $82,305
UNP Union Pacific Corporation Common Stock $433,840 0.17% 1,595 $46,861
WMB Williams Companies, Inc. (The) Common Stock $424,853 0.17% 5,715 $8,915
ETN Eaton Corporation, PLC Ordinary Shares $419,728 0.17% 985 $67,423
TJX TJX Companies, Inc. (The) Common Stock $417,383 0.17% 2,755 $-22,591
HPE Hewlett Packard Enterprise Company Common Stock $412,757 0.17% 9,150 $194,895
GD General Dynamics Corporation Common Stock $410,918 0.17% 1,160 $12,783
REGN Regeneron Pharmaceuticals, Inc. - Common Stock $402,183 0.16% 645 $-138,665 Down ×2
PFE Pfizer, Inc. Common Stock $400,210 0.16% 16,620 $-66,480

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
APP $1,043,341 0.42% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
SNDK $2,171,412 955 0.87%
Unknown issuer (CUSIP: 438516205) $591,096 2,640 0.24%
Unknown issuer (CUSIP: 43849R105) $583,651 2,640 0.23%
NOW $538,594 5,425 0.22%
SYY $524,047 6,270 0.21%
KR $442,296 7,965 0.18%
PAYX $395,287 4,020 0.16%
ABNB $362,043 2,530 0.15%
Unknown issuer (CUSIP: 884903881) $337,705 4,135 0.14%
KMB $299,672 2,730 0.12%
URI $277,558 245 0.11%
MRVL $274,059 920 0.11%
CPB $265,681 11,930 0.11%
INVH $263,129 8,710 0.11%
DXCM $257,951 3,830 0.10%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
MU Price move only +0 +$7.3M
AMD Price move only +0 +$4.6M
GOOGL Price move only +0 +$3.7M
NVDA Price move only +0 +$2.9M
INTC Bought more +1K +$2.8M
LRCX Price move only +0 +$2.5M
AMAT Price move only +0 +$2.5M
AAPL Price move only +0 +$2.2M
WDC Price move only +0 +$1.8M
SMWB Price move only +0 +$1.8M

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
XOM June 30, 2026 10,437 $1,770,741 33.1%
HON June 30, 2026 5,280 $1,193,438 -2.1%
ADBE March 31, 2026 3,391 $1,186,816 2.7%
U Dec. 31, 2025 27,252 $1,091,182 -10.6%
INTU June 30, 2026 2,425 $1,048,522 25.7%
STX March 31, 2026 3,485 $959,734 78.2%
MDLZ Dec. 31, 2025 13,040 $814,609 14.9%
BMY June 30, 2025 12,920 $787,991 30.8%
CMCSA June 30, 2026 24,540 $696,445 -12.1%
CVX June 30, 2025 3,800 $635,702 60.1%
DHR March 31, 2026 2,320 $531,094 23.5%
FISV Dec. 31, 2025 3,805 $490,579 -28.7%
ABT June 30, 2026 4,520 $464,068 13.1%
ABNB Sept. 30, 2025 3,325 $440,031 36.8%
ROP Sept. 30, 2025 760 $430,798 -11.6%
ADSK March 31, 2026 1,350 $399,614 1.2%
REGN June 30, 2025 595 $377,367 54.9%
TMO June 30, 2025 740 $368,224 73.7%
CPRT June 30, 2026 11,010 $365,532 2.7%
CDW June 30, 2025 2,190 $350,969 -8.9%
WDAY June 30, 2026 2,595 $337,142 66.9%
PYPL June 30, 2026 7,410 $335,154 31.0%
ROP June 30, 2026 945 $334,398 30.2%
KDP Sept. 30, 2025 10,050 $332,253 36.9%
GIS June 30, 2026 8,865 $329,955 -5.0%
ACN Sept. 30, 2025 1,100 $328,779 -1.3%
PG June 30, 2026 2,265 $327,157 7.9%
CTSH March 31, 2026 3,790 $314,570 8.2%
CI Sept. 30, 2025 950 $314,051 2.3%
MDT June 30, 2026 3,620 $313,673 21.2%
CB Sept. 30, 2025 1,080 $312,898 26.0%
TXN Dec. 31, 2025 1,600 $293,968 78.6%
CMA March 31, 2026 3,360 $292,085 No longer tracked
PDD June 30, 2026 2,815 $287,637 1.6%
PLD June 30, 2025 2,505 $280,034 19.1%
LULU March 31, 2026 1,320 $274,309 -31.3%
ANSS Sept. 30, 2025 760 $266,927 No longer tracked
JKHY March 31, 2026 1,460 $266,421 0.0%
MSTR Dec. 31, 2025 825 $265,823 -4.5%
AXON Sept. 30, 2025 315 $260,801 -41.0%
MRSH June 30, 2026 1,485 $257,573 15.4%
TRI June 30, 2026 2,860 $257,343 42.1%
AJG Dec. 31, 2025 820 $253,987 0.6%
TYL June 30, 2026 730 $249,937 23.4%
SLB June 30, 2025 5,970 $249,546 59.0%
APA June 30, 2026 5,865 $248,911 56.9%
BX June 30, 2025 1,780 $248,808 -21.7%
GEHC March 31, 2026 3,030 $248,521 6.5%
UPS March 31, 2026 2,440 $242,024 7.4%
DXCM Sept. 30, 2025 2,765 $241,357 16.8%
NOW March 31, 2026 1,575 $241,274 43.6%
PAYX March 31, 2026 2,150 $241,187 17.5%
BXP March 31, 2026 3,570 $240,904 18.5%
CMG June 30, 2026 7,500 $240,075 -15.5%
ELV Sept. 30, 2025 615 $239,210 28.3%
CL Sept. 30, 2025 2,610 $237,249 14.7%
BSX June 30, 2026 3,730 $234,058 -0.6%
URI Dec. 31, 2025 245 $233,892 45.1%
CHTR Sept. 30, 2025 570 $233,022 -61.7%
HCA June 30, 2026 490 $231,888 18.8%
DD Dec. 31, 2025 2,970 $231,363
BDX March 31, 2026 1,190 $230,943 24.1%
TDY Dec. 31, 2025 390 $228,556 30.3%
CLX Dec. 31, 2025 1,795 $221,324 -13.9%
ZS March 31, 2026 980 $220,422 82.3%
IT June 30, 2026 1,390 $220,093 69.1%
GPC Dec. 31, 2025 1,580 $218,988 -1.3%
CSGP June 30, 2026 5,410 $218,239 -2.8%
POOL June 30, 2026 1,060 $214,470 -9.0%
BF-B (filed as BFB) March 31, 2026 8,190 $213,431 No longer tracked
NEM March 31, 2026 2,125 $212,181 5.2%
ICE Sept. 30, 2025 1,145 $210,073 -7.4%
CHD June 30, 2025 1,905 $209,721 9.0%
ABNB March 31, 2026 1,540 $209,009 31.5%
ED June 30, 2025 1,860 $205,697 13.8%
VZ June 30, 2026 4,070 $204,314 2.0%
FANG Sept. 30, 2025 1,485 $204,039 44.1%
NDAQ June 30, 2026 2,400 $203,736 33.9%
KMI Dec. 31, 2025 7,165 $202,841 22.1%
MRSH Dec. 31, 2025 1,005 $202,538 3.7%
DUK June 30, 2026 1,530 $200,338 -2.4%
EA March 31, 2026 980 $200,243 No longer tracked
CTVA Dec. 31, 2025 2,960 $200,185 -83.1%
BAX June 30, 2026 10,860 $182,448 19.4%