Sector breakdown

04
Financials 4.9%
Technology 2.2%
Communication Services 0.8%
Industrials 0.7%
Retail 0.5%
Healthcare 0.4%
Consumer Discretionary 0.1%
Energy 0.1%
Utilities 0.1%
Real Estate 0.1%
Consumer products 0.0%
Consumer Staples 0.0%
Materials 0.0%
Other/Unmapped 90.1%

Full portfolio 211 positions

05
Type Streak 8Q trend
AAAA EA Series Trust $276,768,945 20.28% 9,090,785 $34,258,129 Up ×3
PVAL Putnam Focused Large Cap Value ETF $103,837,811 7.61% 2,038,034 $12,037,453 Up ×1
RECS Columbia ETF Trust I $72,498,178 5.31% 1,675,097 $7,675,478 Up ×6
TMFC Motley Fool 100 Index ETF $71,327,552 5.23% 936,549 $7,391,790 Down ×1
JHMM John Hancock Multifactor Mid Cap ETF $51,412,129 3.77% 685,861 $6,380,705 Up ×1
IJR iShares Trust $50,773,803 3.72% 342,349 $8,999,135 Up ×4
IOO iShares Trust $41,784,908 3.06% 305,892 $4,302,048 Down ×5
GSST Goldman Sachs ETF Trust $41,298,160 3.03% 816,573 $3,270,044 Up ×1
USTB VictoryShares Short-Term Bond ETF $40,026,902 2.93% 790,733 $2,934,777 Up ×1
Unknown issuer (CUSIP: 19761L748) $39,895,974 2.92% 1,330,753 Up ×1
QQQ Invesco QQQ Trust, Series 1 $38,627,153 2.83% 52,454 $10,304,332 Up ×3
CGIC Capital Group International Core Equity ETF $36,192,349 2.65% 994,569 $3,334,630 Up ×1
AVEM AMERICAN CENTURY ETF TRUST $35,010,622 2.57% 362,842 $3,842,523 Down ×2
DGRW WisdomTree U.S. Quality Dividend Growth Fund $29,615,713 2.17% 309,723 $4,719,406 Up ×3
OEF iShares Trust $27,104,973 1.99% 74,084 $2,755,461 Down ×1
BOXX EA Series Trust $26,678,499 1.95% 227,846 $2,023,685 Up ×6
CB Chubb Limited Common Stock $25,014,255 1.83% 73,412 $463,540 Down ×1
JMUB JPMorgan Municipal ETF $23,836,529 1.75% 470,566 $4,610,271 Up ×4
STIP iShares 0-5 Year TIPS Bond ETF $20,493,013 1.50% 200,597 $-32,287,389 Down ×1
BX Blackstone Inc. Common Stock $15,228,877 1.12% 129,420 $430,157 Up ×3
AAPL Apple Inc. - Common Stock $13,966,460 1.02% 48,267 $2,018,503 Up ×1
DIA State Street SPDR Dow Jones Industrial Average ETF Trust $13,551,212 0.99% 25,941 $1,361,703 Down ×1
ACWI iShares MSCI ACWI ETF $13,463,843 0.99% 85,773 $1,503,984 Down ×2
IDMO Invesco S&P International Developed Momentum ETF $13,404,081 0.98% 222,327 $2,886,127 Up ×5
BIZD VanEck ETF Trust $13,087,655 0.96% 1,033,780 $93,263 Up ×2
EMGF iShares, Inc. $11,649,076 0.85% 159,010 $3,017,376 Up ×1
GPZ VanEck Alternative Asset Manager ETF $11,448,638 0.84% 533,985 $-1,095,017 Down ×1
SPY SPY $10,202,620 0.75% 13,662 $3,501,322 Up ×1
IUSV iShares Core S&P U.S. Value ETF $8,699,088 0.64% 78,975 $46,615 Down ×5
IUSG iShares Core S&P U.S. Growth ETF $7,769,094 0.57% 41,305 $1,208,691 Down ×6
AMG Affiliated Managers Group, Inc. Common Stock $7,365,614 0.54% 21,766 $1,937,867 Up ×3
ITOT iShares Trust $7,031,623 0.52% 42,805 $44,099 Down ×4
IAU iShares Gold Trust Shares $4,907,363 0.36% 64,990 $-780,903 Up ×1
EES WisdomTree Trust $4,450,799 0.33% 65,656 $-2,217,237 Down ×4
AVGO Broadcom Inc. - Common Stock $4,431,787 0.32% 11,732 $847,841 Up ×3
ICOW Pacer Developed Markets International Cash Cows 100 ETF $4,057,707 0.30% 97,471 $-170,027 Down ×6
RSP Invesco Exchange-Traded Fund Trust $3,992,291 0.29% 18,763 $160,853 Down ×5
GOOGL Alphabet Inc. - Class A Common Stock $3,870,807 0.28% 10,831 $1,377,304 Up ×1
IXUS iShares Core MSCI Total International Stock ETF $3,800,268 0.28% 39,818 $174,024 Down ×1
AMZN Amazon.com, Inc. - Common Stock $3,798,651 0.28% 15,938 $912,114 Up ×2
BRK-A (filed as BRKA) Berkshire Hathaway Inc. Class A $3,744,250 0.27% 5 $153,550
BXSL Blackstone Secured Lending Fund Common Shares of Beneficial Interest $3,469,609 0.25% 146,335 $-1,071,754 Down ×3
MSFT Microsoft Corporation - Common Stock $3,201,583 0.23% 8,583 $469,467 Up ×1
NVDA NVIDIA Corporation - Common Stock $3,030,336 0.22% 15,145 $915,285 Up ×1
GLD SPDR Gold Shares $2,863,426 0.21% 7,773 $-428,732 Up ×1
BUFR First Trust Exchange-Traded Fund VIII $2,562,884 0.19% 70,158 $-538,801 Down ×6
VIG Vanguard Div Appreciation ETF $2,546,736 0.19% 10,763 $129,767 Down ×4
GOOG Alphabet Inc. - Class C Capital Stock $2,447,517 0.18% 6,927 $601,286 Up ×3
BTT BlackRock Municipal 2030 Target Term Trust $2,282,819 0.17% 100,344 $-68,480 Down ×2
CMCSA Comcast Corporation - Class A Common Stock $2,228,721 0.16% 90,783 $-379,146 Down ×1
MUST Columbia ETF Trust I $2,228,104 0.16% 107,120 $213,379 Up ×2
RKLB Rocket Lab Corporation - Common Stock $2,170,407 0.16% 21,352 Up ×1
CPSM Calamos ETF Trust $2,154,314 0.16% 73,632 $-236,728 Down ×6
VRSK Verisk Analytics, Inc. - Common Stock $2,077,721 0.15% 11,573 $-115,378 Up ×1
JPM JP Morgan Chase & Co. Common Stock $2,073,817 0.15% 6,336 $438,419 Up ×1
CPSL Calamos Laddered S&P 500 Structured Alt Protection ETF $2,050,696 0.15% 73,449 $-25,842 Down ×4
DLN WisdomTree Trust $2,024,550 0.15% 21,019 $146,923
IJH iShares Trust $1,934,844 0.14% 25,092 $240,550 Up ×1
XTWO BondBloxx ETF Trust $1,909,714 0.14% 39,014 $-510,329 Down ×6
BIV VANGUARD BOND INDEX FUNDS $1,854,162 0.14% 24,174 $-659,144 Down ×6
RWL Invesco Exchange-Traded Fund Trust II $1,751,345 0.13% 13,708 $232,225 Up ×2
JNJ Johnson & Johnson Common Stock $1,749,211 0.13% 6,887 $867,779 Up ×3
IWF iShares Russell 1000 Growth Fund $1,735,524 0.13% 13,977 $260,180 Up ×1
GCOW Pacer Global Cash Cows Dividend ETF $1,644,302 0.12% 37,975 $-186,947 Down ×5
VTV Vanguard Morningstar Value ETF $1,631,602 0.12% 7,487 $167,562 Up ×3
LLY Eli Lilly and Company Common Stock $1,511,282 0.11% 1,260 $592,432 Up ×1
IWD iShares Russell 1000 Value ETF $1,451,428 0.11% 5,987 $172,186
SMAX iShares Trust $1,340,334 0.10% 48,101 $50,164
IEFA iShares Core MSCI EAFE ETF $1,326,386 0.10% 13,734 $73,297 Down ×4
IEMG iShares, Inc. $1,295,726 0.09% 15,641 $136,409 Down ×3
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $1,284,001 0.09% 2,566 $123,858 Up ×1
XLK SELECT SECTOR SPDR TRUST $1,218,947 0.09% 6,398 $333,833 Down ×1
META Meta Platforms, Inc. - Class A Common Stock $1,113,145 0.08% 1,976 $312,669 Up ×1
COST Costco Wholesale Corporation - Common Stock $1,099,177 0.08% 1,175 $628,862 Up ×3
GBDC Golub Capital BDC, Inc. - Closed End Fund $1,080,950 0.08% 83,925 $15,591 Down ×1
JHML John Hancock Multifactor Large Cap ETF $1,047,865 0.08% 11,750 $128,193
EZM WisdomTree U.S. MidCap Fund $1,014,136 0.07% 13,382 $-35,840 Down ×1
QUAL iShares Trust $936,885 0.07% 4,270 $118,033 Up ×3
UPS United Parcel Service, Inc. Common Stock $915,255 0.07% 8,514 $52,462 Down ×1
HDV iShares Trust $914,672 0.07% 33,370 $8,877 Up ×1
HD Home Depot, Inc. (The) Common Stock $913,794 0.07% 2,591 $273,774 Up ×1
EFA iShares Trust $913,625 0.07% 8,795 $128,912 Up ×1
CSCO Cisco Systems, Inc. - Common Stock $898,804 0.07% 7,652 $492,543 Up ×1
Unknown issuer (CUSIP: 30233Q108) $882,254 0.06% 6,453 Up ×1
VPL Vanguard FTSE Pacific ETF $871,135 0.06% 7,530 $218,299 Up ×1
AXP American Express Company Common Stock $849,684 0.06% 2,512 $403,224 Up ×1
ABBV AbbVie Inc. Common Stock $815,565 0.06% 3,241 $305,768 Up ×2
DMAX iShares Trust $810,543 0.06% 29,647 $22,798
VTI Vanguard Morningstar Total Stock Market ETF $778,797 0.06% 2,105 $280,698 Up ×3
SPLV Invesco S&P 500 Low Volatility ETF $762,108 0.06% 10,175 $17,908
XCEM Columbia ETF Trust II $759,463 0.06% 14,362 $272,926 Up ×1
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF $755,775 0.06% 12,038 $-183,577 Down ×2
GSIE Goldman Sachs ActiveBeta International Equity ETF $755,330 0.06% 16,528 $43,340 Up ×1
CEFS Exchange Listed Funds Trust $740,002 0.05% 28,861 $99,995 Up ×6
CPRJ Calamos Russell 2000 Structured Alt Protection ETF July $733,213 0.05% 26,500 $19,038
VB Vanguard Morningstar Small-Cap ETF $722,638 0.05% 2,384 $-41,121 Down ×1
EMXC iShares MSCI Emerging Markets ex China ETF $719,701 0.05% 7,035 $121,004 Down ×1
ARTY iShares Trust $712,643 0.05% 9,357 $234,725 Down ×4
ASML ASML Holding N.V. - New York Registry Shares $708,241 0.05% 356
MAXJ iShares Trust $706,373 0.05% 24,249 $-32,873 Down ×2

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
AAAA $276,768,945 20.28% up ×3
RECS $72,498,178 5.31% up ×6
IJR $50,773,803 3.72% up ×4
QQQ $38,627,153 2.83% up ×3
DGRW $29,615,713 2.17% up ×3
BOXX $26,678,499 1.95% up ×6
JMUB $23,836,529 1.75% up ×4
BX $15,228,877 1.12% up ×3
IDMO $13,404,081 0.98% up ×5
AMG $7,365,614 0.54% up ×3
AVGO $4,431,787 0.32% up ×3
GOOG $2,447,517 0.18% up ×3
JNJ $1,749,211 0.13% up ×3
VTV $1,631,602 0.12% up ×3
COST $1,099,177 0.08% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
Unknown issuer (CUSIP: 19761L748) $39,895,974 1,330,753 2.92%
RKLB $2,170,407 21,352 0.16%
Unknown issuer (CUSIP: 30233Q108) $882,254 6,453 0.06%
ASML $708,241 356 0.05%
CPAI $646,798 12,448 0.05%
PANW $567,116 1,663 0.04%
RKT $558,400 35,454 0.04%
CAT $523,931 492 0.04%
GTOP $483,986 9,720 0.04%
MDY $445,214 633 0.03%
COF $440,359 2,195 0.03%
DELL $435,667 1,010 0.03%
GS $434,889 430 0.03%
HIPO $431,813 15,280 0.03%
AMKR $375,790 4,358 0.03%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
AAAA Bought more +25K +$34.3M
STIP Trimmed -310K -$32.3M
PVAL Bought more +60K +$12.0M
QQQ Bought more +3K +$10.3M
IJR Bought more +6K +$9.0M
RECS Bought more +12K +$7.7M
TMFC Trimmed -33K +$7.4M
JHMM Bought more +15K +$6.4M
DGRW Bought more +26K +$4.7M
JMUB Bought more +86K +$4.6M

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
CCRV June 30, 2025 65,511 $1,338,390 No longer tracked
VUSB Sept. 30, 2025 18,738 $934,370
XOM June 30, 2026 5,476 $929,058 20.0%
SUB June 30, 2026 8,708 $927,402
IVV June 30, 2026 1,400 $914,277
IJT Sept. 30, 2025 5,083 $676,242
MTUM Sept. 30, 2025 2,693 $647,182
XLF Sept. 30, 2025 9,723 $509,194 -0.7%
NFLX Sept. 30, 2025 367 $491,461 -94.4%
MRK Sept. 30, 2025 6,165 $488,021 71.9%
IBMN Sept. 30, 2025 16,993 $454,792
IVE March 31, 2026 1,744 $369,850
QQQE Sept. 30, 2025 3,630 $356,865
BLK Sept. 30, 2025 334 $350,450 -9.1%
INTU Sept. 30, 2025 442 $348,132 -58.8%
ADP Sept. 30, 2025 1,128 $347,875 -12.2%
RTX Sept. 30, 2025 2,361 $344,753 10.4%
EME Sept. 30, 2025 573 $306,492 21.1%
C Sept. 30, 2025 3,450 $293,664 26.6%
VT June 30, 2026 2,101 $290,610
TJX Sept. 30, 2025 2,242 $276,865 -8.2%
OSEA Dec. 31, 2025 9,280 $274,397
IWB Sept. 30, 2025 800 $271,656
ORCL Sept. 30, 2025 1,197 $261,700 -49.4%
FICO Sept. 30, 2025 143 $261,398 -55.8%
BSX Sept. 30, 2025 2,419 $259,825 -56.4%
IWR Sept. 30, 2025 2,767 $254,481 12.2%
DELL Sept. 30, 2025 2,059 $252,433 296.8%
PNC Sept. 30, 2025 1,344 $250,548 10.0%
BABA June 30, 2025 1,825 $241,320 -6.7%
UHS June 30, 2025 1,282 $240,888 -3.0%
IBIT March 31, 2026 4,806 $238,599
NOW March 31, 2026 1,555 $238,210 28.5%
SPSM June 30, 2025 5,831 $237,672
MOH Sept. 30, 2025 796 $237,128 -1.0%
MMM Sept. 30, 2025 1,555 $236,772 4.3%
ABT Sept. 30, 2025 1,738 $236,385 -27.2%
MRSH March 31, 2026 1,269 $235,425 -2.0%
NYF June 30, 2026 4,350 $231,072 -6.1%
ESGV March 31, 2026 1,898 $229,596
PGR Sept. 30, 2025 857 $228,699 -14.8%
COWZ June 30, 2025 4,173 $228,496
GBTC Dec. 31, 2025 2,536 $227,657 -4.8%
GS Sept. 30, 2025 321 $227,188 13.3%
FNCL Sept. 30, 2025 3,002 $222,268
MMM March 31, 2026 1,379 $220,832 11.5%
AEE Dec. 31, 2025 2,112 $220,451 0.1%
ASML Sept. 30, 2025 275 $220,382 92.9%
AMP Sept. 30, 2025 408 $217,762 -0.1%
AIG Sept. 30, 2025 2,538 $217,227 -4.6%
MDT March 31, 2026 2,253 $216,423 -0.3%
ACM March 31, 2026 2,241 $213,635 -29.7%
NFLX June 30, 2026 2,198 $211,338 -6.1%
IDEV June 30, 2026 2,521 $210,710
XLV Sept. 30, 2025 1,555 $209,598 19.4%
VXF Sept. 30, 2025 1,059 $204,080
TJUL March 31, 2026 6,884 $203,698
LOW June 30, 2025 870 $202,910 -18.5%
APD Dec. 31, 2025 743 $202,631 12.4%
PEP June 30, 2025 1,347 $201,969 -4.7%
CAT Sept. 30, 2025 516 $200,316 77.2%
ECVT March 31, 2026 18,288 $177,939 -21.3%
MPA June 30, 2025 11,111 $124,554 -9.7%
BTX March 31, 2026 11,845 $78,058 39.7%
XFLT March 31, 2026 11,182 $53,672 12.4%
TROX Dec. 31, 2025 12,550 $50,451 -5.8%
COTY Dec. 31, 2025 11,522 $46,549 -13.6%