Sector breakdown

04
Industrials 4.8%
Technology 4.1%
Financials 3.1%
Retail 2.0%
Communication Services 1.3%
Healthcare 0.8%
Consumer Discretionary 0.5%
Energy 0.5%
Consumer products 0.2%
Consumer Staples 0.1%
Materials 0.1%
Utilities 0.1%
Real Estate 0.1%
Other/Unmapped 82.3%

Full portfolio 118 positions

05
Type Streak 8Q trend
IVV iShares Trust $50,163,872 26.35% 66,984 $5,115,676 Down ×1
AGG iShares Trust $17,457,501 9.17% 176,374 $117,986 Up ×5
IJH iShares Trust $7,553,176 3.97% 97,953 $682,494 Down ×2
IXUS iShares Core MSCI Total International Stock ETF $6,905,682 3.63% 72,356 $689,153 Up ×5
ALLW SPDR Bridgewater All Weather ETF $6,590,870 3.46% 225,175 $519,412 Up ×4
QQQ Invesco QQQ Trust, Series 1 $6,319,297 3.32% 8,581 $1,678,069 Up ×4
MUB iShares Trust $6,110,496 3.21% 56,778 $188,005 Up ×3
DYNF BlackRock ETF Trust $5,687,679 2.99% 83,630 $828,246 Up ×6
SPYM State Street SPDR Portfolio S&P 500 ETF $4,724,429 2.48% 53,760 $-75,828 Down ×1
IJR iShares Trust $4,084,465 2.15% 27,540 $187,379 Down ×3
JPM JP Morgan Chase & Co. Common Stock $4,047,092 2.13% 12,364 $413,817 Up ×3
PWR Quanta Services, Inc. Common Stock $3,233,712 1.70% 4,491 $769,610 Up ×4
VOO Vanguard S&P 500 ETF $2,532,606 1.33% 3,687 $262,218 Down ×1
AAPL Apple Inc. - Common Stock $2,270,926 1.19% 7,848 $304,772 Up ×6
USRT iShares Core U.S. REIT ETF $2,030,920 1.07% 30,563 $212,716 Down ×1
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund $1,936,001 1.02% 10,096 $413,405 Up ×1
MUNI PIMCO ETF Trust $1,892,882 0.99% 35,986 $-38,159 Down ×1
IXC iShares Global Energy ETF $1,891,031 0.99% 38,490 $-264,642 Up ×1
NVDA NVIDIA Corporation - Common Stock $1,707,175 0.90% 8,532 $369,994 Up ×6
SPY SPY $1,585,266 0.83% 2,123 $204,715
ICSH iShares Ultra Short Duration Bond Active ETF $1,529,378 0.80% 30,237
LGN Legence Corp. - Class A Common stock $1,522,804 0.80% 17,867 $514,090 Up ×2
PFFD Global X Funds $1,410,698 0.74% 75,479 Up ×1
IFRA iShares U.S. Infrastructure ETF $1,364,146 0.72% 21,639 $116,544 Down ×2
GOOG Alphabet Inc. - Class C Capital Stock $1,354,186 0.71% 3,833 $269,321 Up ×1
SPYI NEOS S&P 500 High Income ETF $1,344,808 0.71% 25,331 $-513 Down ×1
SGOV iShares Trust $1,275,836 0.67% 12,673 $-1,076,654 Down ×1
MSFT Microsoft Corporation - Common Stock $1,146,409 0.60% 3,073 $-31,398 Down ×1
FLOT iShares Floating Rate Bond ETF $1,146,162 0.60% 22,452 $108,695 Up ×4
VGT Vanguard Information Tech ETF $1,059,729 0.56% 8,867 $441,994 Up ×2
CGXU Capital Group International Focus Equity ETF $1,052,815 0.55% 30,411 $156,006
QQQI NEOS Nasdaq 100 High Income ETF $989,272 0.52% 17,420 $412,719 Up ×2
AMZN Amazon.com, Inc. - Common Stock $973,536 0.51% 4,085 $166,145 Up ×2
IAU iShares Gold Trust Shares $963,497 0.51% 12,760 $-235,025 Down ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $878,184 0.46% 1,755 $56,356 Up ×2
LLY Eli Lilly and Company Common Stock $820,369 0.43% 684 $188,133 Down ×1
TSLA Tesla, Inc. - Common Stock $776,907 0.41% 1,847 $127,819 Up ×1
GLDM SPDR Gold MiniShares Trust $758,461 0.40% 9,550 $54,851 Up ×1
VTI Vanguard Morningstar Total Stock Market ETF $744,015 0.39% 2,011 $90,572 Down ×3
Unknown issuer (CUSIP: 84615Q103) $703,943 0.37% 4,120 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $677,654 0.36% 1,896 $197,159 Up ×3
GOCT FT Vest U.S. Equity Moderate Buffer ETF - October $677,052 0.36% 16,297 $47,549
CMI Cummins Inc. Common Stock $671,603 0.35% 942 $169,607 Up ×1
COST Costco Wholesale Corporation - Common Stock $669,942 0.35% 716 $-94,636 Down ×2
IBIT iShares Bitcoin Trust ETF $662,076 0.35% 19,888 $-454,258 Down ×1
XOM Exxon Mobil Corporation Common Stock $649,048 0.34% 4,747 $-193,461 Down ×1
AVGO Broadcom Inc. - Common Stock $642,738 0.34% 1,701 $28,826 Down ×2
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF $638,705 0.34% 12,187 $5,482 Up ×2
MAGS Listed Funds Trust $631,588 0.33% 9,823 $62,471
IWR iShares Russell Mid-Cap ETF $616,996 0.32% 5,593 $74,649 Up ×1
GEV GE Vernova Inc. Common Stock $612,418 0.32% 521 $163,689 Up ×4
IEMG iShares, Inc. $580,509 0.30% 7,008 $335,829 Up ×1
PALC Pacer Funds Trust $579,819 0.30% 9,704 $23,818 Down ×6
IWY iShares Russell Top 200 Growth ETF $569,565 0.30% 1,960 $82,315 Up ×3
MU Micron Technology, Inc. - Common Stock $563,644 0.30% 488 Up ×1
TJX TJX Companies, Inc. (The) Common Stock $563,310 0.30% 3,718 $-31,450 Down ×3
ETN Eaton Corporation, PLC Ordinary Shares $561,087 0.29% 1,317 $62,254 Down ×1
TIP iShares TIPS Bond ETF $554,709 0.29% 5,069 $4,498 Up ×1
PAVE Global X Funds $552,774 0.29% 9,382 $76,086
HD Home Depot, Inc. (The) Common Stock $503,766 0.26% 1,428 $-5,245 Down ×1
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF $499,988 0.26% 9,926 $4,286 Up ×1
META Meta Platforms, Inc. - Class A Common Stock $499,603 0.26% 887 $97,544 Up ×2
ABBV AbbVie Inc. Common Stock $497,861 0.26% 1,978 $111,730 Up ×1
GE GE Aerospace Common Stock $491,893 0.26% 1,316 $124,579 Up ×5
GJUL FT Vest U.S. Equity Moderate Buffer ETF - July $469,388 0.25% 10,793 $29,288
BAC Bank of America Corporation Common Stock $466,486 0.25% 8,187 $71,856 Up ×1
WMT Walmart Inc. - Common Stock $453,917 0.24% 4,008 $-25,250 Up ×2
PHYS Sprott Physical Gold Trust ETV $441,152 0.23% 14,622 Up ×1
FBTC Fidelity Wise Origin Bitcoin Fund $420,947 0.22% 8,246 Up ×1
SLV iShares Silver Trust $419,205 0.22% 7,840 $-65,952 Up ×2
AVEM AMERICAN CENTURY ETF TRUST $410,845 0.22% 4,258 $67,743
ACWX iShares MSCI ACWI ex U.S. ETF $410,391 0.22% 5,392 $45,233 Up ×1
QUAL iShares Trust $396,465 0.21% 1,807 $-46,262 Down ×1
HDV iShares Trust $377,026 0.20% 13,755 $5,994 Up ×2
XLK SELECT SECTOR SPDR TRUST $361,369 0.19% 1,897 $109,576 Up ×4
AMD Advanced Micro Devices, Inc. - Common Stock $330,538 0.17% 569 Up ×1
IVW iShares S&P 500 Growth ETF $328,603 0.17% 2,389 $123,349 Up ×1
IVE iShares Trust $321,752 0.17% 1,417 $55,259 Up ×1
ORLY O'Reilly Automotive, Inc. - Common Stock $300,305 0.16% 3,261 $4,267 Up ×3
PG Procter & Gamble Company (The) Common Stock $298,365 0.16% 2,035 $28,851 Up ×1
MMIT New York Life Investments Active ETF Trust $293,763 0.15% 12,064 $79,799 Up ×1
SCHD SCHWAB STRATEGIC TRUST $290,851 0.15% 9,172 Up ×1
CTAS Cintas Corporation - Common Stock $284,171 0.15% 1,671 $2,551 Up ×3
VYM Vanguard High Dividend Yield ETF $281,651 0.15% 1,782 $16,351 Down ×2
KO Coca-Cola Company (The) Common Stock $281,214 0.15% 3,460 $39,408 Up ×1
IWD iShares Russell 1000 Value ETF $280,732 0.15% 1,158 $34,077 Up ×1
KLAC KLA Corporation - Common Stock $276,282 0.15% 916 Up ×1
IUSB iShares Core Universal USD Bond ETF $273,501 0.14% 5,926 Up ×1
LOW Lowe's Companies, Inc. Common Stock $271,559 0.14% 1,232 $-16,844 Up ×1
FDX FedEx Corporation Common Stock $268,831 0.14% 859 $-35,106 Up ×2
FDEC First Trust Exchange-Traded Fund VIII $268,309 0.14% 4,926 $23,385
GDEC FT Vest U.S. Equity Moderate Buffer ETF - December $264,481 0.14% 6,645 $18,501
UNP Union Pacific Corporation Common Stock $263,721 0.14% 970 $35,407 Up ×1
PCT PureCycle Technologies, Inc. - Common stock $261,118 0.14% 32,197 $96,118 Up ×2
USMV iShares MSCI USA Min Vol Factor ETF $258,371 0.14% 2,679 $10,741 Up ×2
SHYM iShares Short Duration High Yield Muni Active ETF $257,429 0.14% 11,467 $7,462 Up ×2
VCEB Vanguard ESG U.S. Corporate Bond ETF $253,568 0.13% 4,040 Up ×1
TXN Texas Instruments Incorporated - Common Stock $252,940 0.13% 849
PSLV Sprott Physical Silver Trust ETV $251,159 0.13% 13,310 Up ×1
FLEX Flex Ltd. - Ordinary Shares $250,722 0.13% 1,547 Up ×1

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
AGG $17,457,501 9.17% up ×5
IXUS $6,905,682 3.63% up ×5
ALLW $6,590,870 3.46% up ×4
QQQ $6,319,297 3.32% up ×4
MUB $6,110,496 3.21% up ×3
DYNF $5,687,679 2.99% up ×6
JPM $4,047,092 2.13% up ×3
PWR $3,233,712 1.70% up ×4
AAPL $2,270,926 1.19% up ×6
NVDA $1,707,175 0.90% up ×6
FLOT $1,146,162 0.60% up ×4
GOOGL $677,654 0.36% up ×3
GEV $612,418 0.32% up ×4
IWY $569,565 0.30% up ×3
GE $491,893 0.26% up ×5

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
ICSH $1,529,378 30,237 0.80%
PFFD $1,410,698 75,479 0.74%
Unknown issuer (CUSIP: 84615Q103) $703,943 4,120 0.37%
MU $563,644 488 0.30%
PHYS $441,152 14,622 0.23%
FBTC $420,947 8,246 0.22%
AMD $330,538 569 0.17%
SCHD $290,851 9,172 0.15%
KLAC $276,282 916 0.15%
IUSB $273,501 5,926 0.14%
VCEB $253,568 4,040 0.13%
TXN $252,940 849 0.13%
PSLV $251,159 13,310 0.13%
FLEX $250,722 1,547 0.13%
INTC $247,553 1,773 0.13%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
IVV Trimmed -2K +$5.1M
QQQ Bought more +540 +$1.7M
SGOV Trimmed -11K -$1.1M
DYNF Bought more +106 +$828K
PWR Bought more +3 +$770K
IXUS Bought more +605 +$689K
IJH Trimmed -4K +$682K
ALLW Bought more +15K +$519K
LGN Bought more +1 +$514K
IBIT Trimmed -9K -$454K

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
RSP Dec. 31, 2025 12,144 $2,303,703 10.2%
JEPI Sept. 30, 2025 20,273 $1,152,527
NEA Sept. 30, 2025 53,675 $586,127 -13.9%
HDV June 30, 2025 4,327 $524,073 20.7%
BIV June 30, 2026 5,411 $417,652
USMV June 30, 2025 3,774 $353,451
SPHD June 30, 2025 6,918 $347,493
XMLV June 30, 2025 5,491 $338,908
UNP Dec. 31, 2025 1,339 $316,569 19.8%
VXUS June 30, 2026 3,676 $283,481
JMUB June 30, 2026 5,610 $280,453
NFLX June 30, 2026 2,856 $274,652 -5.5%
ICSH Dec. 31, 2025 5,240 $265,909
MCD June 30, 2026 816 $253,736 -13.8%
IVOO June 30, 2026 2,074 $237,151 -4.3%
VUG Dec. 31, 2025 488 $234,167 13.2%
SYK March 31, 2026 660 $231,902 -13.2%
MRSH Sept. 30, 2025 1,056 $230,951 -15.4%
PKG Dec. 31, 2025 1,052 $229,205 11.2%
ABT Dec. 31, 2025 1,706 $228,474 -20.1%
PLD June 30, 2025 2,041 $228,182 21.8%
COWZ Sept. 30, 2025 4,117 $226,837
RCL Dec. 31, 2025 699 $226,278 -1.4%
UNH June 30, 2025 431 $225,963 21.4%
LH Dec. 31, 2025 778 $223,299 23.0%
MA June 30, 2026 445 $222,534 9.9%
QCOM March 31, 2026 1,297 $221,933 40.4%
PKG June 30, 2025 1,118 $221,482 21.7%
PG Dec. 31, 2025 1,438 $220,998 1.8%
BX June 30, 2025 1,514 $211,595 -25.4%
AMGN June 30, 2025 677 $211,001 44.3%
JPST Dec. 31, 2025 4,154 $210,708
SHW Dec. 31, 2025 604 $209,223 -1.7%
BX June 30, 2026 1,781 $204,780 -5.1%
CVX June 30, 2025 1,208 $202,168 44.2%
TXN Sept. 30, 2025 967 $200,697 60.5%
KO Sept. 30, 2025 2,832 $200,383 30.4%
FDX June 30, 2025 821 $200,210 27.2%