Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +15.3%
S&P 500 total return (same window) +37.0%
Excess return -21.7%

Annualized: +12.0% · 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: 93.3% · Options excluded: 8.3%

Sector breakdown

04
Health Care 2.9%
Technology 2.9%
Financials 1.4%
Energy 1.0%
Industrials 0.9%
Retail 0.8%
Communication Services 0.2%
Consumer Discretionary 0.2%
Materials 0.1%
Other/Unmapped 89.5%

Full portfolio 63 positions

05
Type Streak 8Q trend
SGOV iShares Trust $123,015,927 67.08% 1,221,972 $12,082,567 Up ×6
Unknown issuer (CUSIP: 78462F903) $19,758,484 10.77% 1,452 Call option $11,187,244 Up ×1
SPY SPY $3,810,207 2.08% 5,103 $613,786 Up ×1
LQD iShares Trust $2,146,170 1.17% 19,677 $-26,873 Down ×2
BIZD VanEck ETF Trust $2,129,804 1.16% 168,231 $-51,252 Down ×2
FSK FS KKR Capital Corp. Common Stock $1,892,016 1.03% 180,192
ET Energy Transfer LP Common Units $1,711,240 0.93% 89,500 $-42,065
Unknown issuer (CUSIP: 91232N907) $1,643,115 0.90% 750 Call option Up ×1
MDY State Street SPDR S&P MIDCAP 400 ETF Trust $1,641,596 0.90% 2,334 $-128,505 Down ×2
ROK Rockwell Automation, Inc. Common Stock $1,541,315 0.84% 3,083 $466,859
ABT Abbott Laboratories Common Stock $1,466,889 0.80% 16,120 $741,409 Up ×1
IJR iShares Trust $1,329,303 0.72% 8,963 $-209,530 Down ×6
IXUS iShares Core MSCI Total International Stock ETF $1,224,400 0.67% 12,829
PODD Insulet Corporation - Common Stock $1,141,975 0.62% 6,700 $413,940 Up ×1
XLK SELECT SECTOR SPDR TRUST $1,035,286 0.56% 5,434 $133,825 Down ×2
NVDA NVIDIA Corporation - Common Stock $987,044 0.54% 4,933 $190,210 Up ×1
IBB iShares Trust $948,150 0.52% 5,000 Up ×1
LRCX Lam Research Corporation - Common Stock $871,653 0.48% 2,010
NBIS Nebius Group N.V. - Class A Ordinary Shares $828,510 0.45% 3,000
XLY XLY $787,301 0.43% 6,713 $17,139 Down ×2
AMAT Applied Materials, Inc. - Common Stock $749,582 0.41% 1,034 $449,582 Up ×1
GEHC GE HealthCare Technologies Inc. - Common Stock $736,115 0.40% 11,500 Up ×1
XBI SPDR SERIES TRUST $729,849 0.40% 4,612 $18,521 Down ×6
AMGN Amgen Inc. - Common Stock $726,051 0.40% 2,005 $20,592
INTC Intel Corporation - Common Stock $710,202 0.39% 5,100
VTI Vanguard Morningstar Total Stock Market ETF $637,123 0.35% 3,536 $101,485 Up ×4
AMZN Amazon.com, Inc. - Common Stock $617,782 0.34% 2,589 $313,291 Up ×2
ACYN FT Vest Laddered Autocallable Barrier & Income ETF $597,962 0.33% 28,762 Up ×1
COR Cencora, Inc. Common Stock $565,960 0.31% 2,000 Up ×1
BOTZ Global X Robotics & Artificial Intelligence ETF $528,770 0.29% 13,937
XLV SELECT SECTOR SPDR TRUST $504,222 0.27% 3,178 $27,593 Down ×6
Unknown issuer (CUSIP: 594918904) $480,925 0.26% 50 Call option Up ×1
PLTR Palantir Technologies Inc. - Class A Common Stock $474,380 0.26% 4,066
GOOG Alphabet Inc. - Class C Capital Stock $410,306 0.22% 1,159 $-3,143,383 Down ×2
SOFI SoFi Technologies, Inc. - Common Stock $378,350 0.21% 21,100 $226,850 Up ×1
MELI MercadoLibre, Inc. - Common Stock $339,198 0.18% 200 Up ×1
LSCC Lattice Semiconductor Corporation - Common Stock $307,920 0.17% 2,000
TQQQ ProShares UltraPro QQQ $301,968 0.16% 3,728
OPCH Option Care Health, Inc. - Common Stock $294,377 0.16% 14,038 Up ×1
Unknown issuer (CUSIP: 00724F901) $287,722 0.16% 75 $-176,094
SPGI S&P Global Inc. Common Stock $285,082 0.16% 700 Up ×1
Unknown issuer (CUSIP: 45578Q107) $247,860 0.14% 6,000 Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $238,070 0.13% 500 Up ×1
Unknown issuer (CUSIP: 84615Q103) $236,577 0.13% 1,385 Up ×1
AAPL Apple Inc. - Common Stock $229,462 0.13% 793 Up ×1
LOW Lowe's Companies, Inc. Common Stock $220,450 0.12% 1,000 $-12,130
NCLH Norwegian Cruise Line Holdings Ltd. Ordinary Shares $211,100 0.12% 10,000 Up ×1
BSM Black Stone Minerals, L.P. Common units representing limited partner interests $209,550 0.11% 15,000
HD Home Depot, Inc. (The) Common Stock $204,554 0.11% 580
AVTR Avantor, Inc. Common Stock $198,000 0.11% 20,000 $84,150 Up ×1
LAC Lithium Americas Corp. Common Shares $125,122 0.07% 32,085
MYGN Myriad Genetics, Inc. - Common Stock $113,000 0.06% 20,000 Up ×1
MBLY Mobileye Global Inc. - Class A Common Stock $106,370 0.06% 11,000 Up ×1
CHPT ChargePoint Holdings, Inc. Common Stock $105,508 0.06% 17,673 Up ×1
JPM JP Morgan Chase & Co. Common Stock $64,484 0.04% 197 Up ×1
LULU lululemon athletica inc. - Common Stock $58,035 0.03% 510
BSX Boston Scientific Corporation Common Stock $51,426 0.03% 1,200 Up ×1
ACHR Archer Aviation Inc. Class A Common Stock $47,600 0.03% 10,000 $-1,800
VOO Vanguard S&P 500 ETF $43,269 0.02% 63 Up ×1
COST Costco Wholesale Corporation - Common Stock $33,677 0.02% 36 Up ×1
ATYR aTyr Pharma, Inc. - Common Stock $29,890 0.02% 50,000 Up ×1
LLY Eli Lilly and Company Common Stock $26,387 0.01% 22
ALIT Alight, Inc. Class A Common Stock $16,802 0.01% 30,000 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
SGOV $123,015,927 67.08% up ×6
VTI $637,123 0.35% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
FSK $1,892,016 180,192 1.03%
Unknown issuer (CUSIP: 91232N907) $1,643,115 750 0.90%
IXUS $1,224,400 12,829 0.67%
IBB $948,150 5,000 0.52%
LRCX $871,653 2,010 0.48%
NBIS $828,510 3,000 0.45%
GEHC $736,115 11,500 0.40%
INTC $710,202 5,100 0.39%
ACYN $597,962 28,762 0.33%
COR $565,960 2,000 0.31%
BOTZ $528,770 13,937 0.29%
Unknown issuer (CUSIP: 594918904) $480,925 50 0.26%
PLTR $474,380 4,066 0.26%
MELI $339,198 200 0.18%
LSCC $307,920 2,000 0.17%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
SGOV Bought more +120K +$12.1M
· Bought more +755 +$11.2M
ABT Bought more +9K +$741K
SPY Bought more +188 +$614K
ROK Price move only +0 +$467K
AMAT Bought more +34 +$450K
PODD Bought more +3K +$414K
AMZN Bought more +1K +$313K
SOFI Bought more +11K +$227K
IJR Trimmed -3K -$210K

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
TQQQ Sept. 30, 2025 51,171 $4,247,193
FSK March 31, 2026 166,364 $2,463,851 7.8%
PLTR Sept. 30, 2025 12,556 $1,711,634 3.5%
IXUS March 31, 2026 15,957 $1,350,600
AXON Dec. 31, 2025 1,640 $1,145,900 -27.2%
HD June 30, 2025 2,695 $987,691 -22.9%
ADBE June 30, 2025 2,500 $958,825 -38.6%
APPF March 31, 2026 4,000 $921,480 28.6%
BIL June 30, 2025 10,000 $917,300
NUE March 31, 2026 5,007 $848,186 42.2%
GRAL Sept. 30, 2025 17,500 $846,125 142.3%
MSCI June 30, 2025 1,450 $819,975 -7.1%
GLD June 30, 2026 1,437 $618,327
BOTZ March 31, 2026 16,376 $593,303
INTC March 31, 2026 15,000 $592,500 170.4%
AMD Dec. 31, 2025 2,800 $567,350 196.0%
CAT June 30, 2026 800 $566,768 -20.6%
FISV June 30, 2026 10,000 $545,300 -9.6%
INBX June 30, 2025 38,647 $540,672 579.7%
SBGI Sept. 30, 2025 38,200 $514,936 -17.7%
BA June 30, 2026 2,500 $473,025 -10.6%
LULU Sept. 30, 2025 2,000 $470,230 -46.9%
BLDR Sept. 30, 2025 4,000 $468,000 -53.6%
NKE March 31, 2026 7,032 $445,382 -35.9%
LLY March 31, 2026 400 $431,200 24.3%
MRNA June 30, 2025 15,000 $425,250 588.7%
ZBRA Dec. 31, 2025 1,300 $422,744 54.8%
AKAM Dec. 31, 2025 5,000 $407,940 24.8%
KMB June 30, 2026 4,100 $395,047 -14.0%
NFLX March 31, 2026 4,197 $393,511 -30.3%
DXCM June 30, 2026 6,000 $371,400 26.7%
PLTR March 31, 2026 2,066 $367,232 29.0%
NSC March 31, 2026 1,200 $345,384 10.6%
UNH March 31, 2026 1,000 $336,620 37.4%
TSLA June 30, 2025 1,186 $307,364 16.7%
FLNC March 31, 2026 13,000 $300,040 -44.7%
ADPT June 30, 2025 40,000 $297,200 143.3%
BMI June 30, 2026 2,000 $296,200 -13.9%
OKTA June 30, 2026 3,500 $267,385 55.0%
ONEW Sept. 30, 2025 19,372 $266,171 -38.0%
MRVL June 30, 2026 3,000 $263,430 -8.6%
TMUS March 31, 2026 1,300 $259,103 -22.1%
NBIS March 31, 2026 3,000 $251,115 134.0%
LRCX Dec. 31, 2025 2,000 $249,650 103.0%
NEM June 30, 2025 5,000 $241,400 98.4%
DT Dec. 31, 2025 5,000 $235,773 36.9%
BRKR June 30, 2025 5,500 $229,570 53.5%
KTOS Sept. 30, 2025 5,000 $226,850 -52.9%
BSM March 31, 2026 16,200 $218,862 -3.7%
CRM Sept. 30, 2025 800 $218,480 -1.0%
ROP March 31, 2026 500 $217,270 0.1%
BHVN March 31, 2026 19,400 $210,296 52.1%
KKR Dec. 31, 2025 1,700 $209,960 -29.2%
MRVI June 30, 2026 72,000 $207,360 26.6%
CRWV Dec. 31, 2025 1,500 $205,275 25.2%
LBRT Sept. 30, 2025 17,369 $201,654 56.5%
POOL June 30, 2026 1,000 $200,490 -24.9%
HP Sept. 30, 2025 11,700 $180,180 74.6%
EVGO Dec. 31, 2025 37,000 $172,374 -52.6%
LSCC March 31, 2026 2,000 $157,300 44.5%
SNBR Sept. 30, 2025 17,000 $114,242 No longer tracked
UA Dec. 31, 2025 25,000 $110,700 -4.4%
POST Dec. 31, 2025 1,000 $101,184 -26.7%
WOOF Dec. 31, 2025 25,000 $94,750 -22.1%
CLF June 30, 2026 10,182 $82,576 20.6%
LAC March 31, 2026 15,696 $75,184 -35.4%
PSNL Sept. 30, 2025 10,034 $66,024 149.7%
ACVA June 30, 2026 13,193 $55,806 45.3%
JBLU Sept. 30, 2025 12,000 $51,128 -15.7%
BHC June 30, 2026 10,000 $50,300 17.6%
UKOMW Dec. 31, 2025 100,096 $691 No longer tracked