Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +34.5%
S&P 500 total return (same window) +37.0%
Excess return -2.5%

Annualized: +26.8% · 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: 0.0%

Sector breakdown

04
Technology 30.4%
Financials 11.3%
Industrials 9.8%
Communication Services 9.3%
Retail 7.8%
Healthcare 5.4%
Energy 5.1%
Real Estate 2.6%
Consumer Discretionary 1.8%
Materials 1.1%
Consumer Staples 1.0%
Consumer products 0.7%
Utilities 0.4%
Other/Unmapped 13.2%

Full portfolio 213 positions

05
Type Streak 8Q trend
NVDA NVIDIA Corporation - Common Stock $28,325,888 8.54% 130,234 $5,639,592 Up ×6
AAPL Apple Inc. - Common Stock $21,836,217 6.58% 71,615 $3,938,847 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $18,603,312 5.61% 54,111 $3,154,761 Up ×4
MSFT Microsoft Corporation - Common Stock $17,206,863 5.19% 34,153 $4,691,143 Up ×1
AVGO Broadcom Inc. - Common Stock $12,450,977 3.75% 29,924 $3,336,059 Up ×3
AMZN Amazon.com, Inc. - Common Stock $11,140,199 3.36% 40,916 $2,784,615 Up ×3
JPM JP Morgan Chase & Co. Common Stock $11,139,328 3.36% 30,768 $1,969,118 Down ×1
IAU iShares Gold Trust Shares $7,209,487 2.17% 87,728 $709,098 Up ×2
LLY Eli Lilly and Company Common Stock $6,845,226 2.06% 5,634 $1,632,590 Down ×1
PH Parker-Hannifin Corporation Common Stock $5,821,707 1.76% 5,485 $874,348 Down ×3
APH Amphenol Corporation Common Stock $5,548,576 1.67% 33,179 $1,352,569 Down ×1
WMT Walmart Inc. - Common Stock $5,348,708 1.61% 47,225 $-484,107 Up ×1
COST Costco Wholesale Corporation - Common Stock $5,005,905 1.51% 5,301 $-363,924 Down ×2
V Visa Inc. $4,888,207 1.47% 13,473 $899,904 Up ×3
WELL Welltower Inc. Common Stock $4,743,381 1.43% 20,987 $568,441 Down ×1
VFH VANGUARD WORLD FUND $4,464,254 1.35% 31,576 $620,154 Down ×2
PANW Palo Alto Networks, Inc. - Common Stock $3,519,602 1.06% 9,170 $2,042,188 Down ×2
META Meta Platforms, Inc. - Class A Common Stock $3,415,966 1.03% 5,702 $124,136 Down ×1
WMB Williams Companies, Inc. (The) Common Stock $2,994,702 0.90% 41,415 $-19,829 Down ×1
KMI Kinder Morgan, Inc. Common Stock $2,982,281 0.90% 94,736 $-228,972 Down ×3
HWM Howmet Aerospace Inc. Common Stock $2,452,193 0.74% 8,716 $442,785 Down ×5
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $2,408,913 0.73% 4,665 $174,403 Up ×3
VZ Verizon Communications Inc. Common Stock $2,339,298 0.71% 49,488 $-497,604 Down ×1
SPY SPY $2,260,052 0.68% 2,933 $353,255 Up ×1
IJH iShares Trust $2,241,358 0.68% 28,820 $288,773 Down ×2
GLD SPDR Gold Shares $2,205,280 0.67% 5,500 $-161,315
AESI Atlas Energy Solutions Inc. Common Stock $2,171,890 0.65% 181,293 $-206,674
BAC Bank of America Corporation Common Stock $2,153,678 0.65% 33,651 $219,803 Down ×1
AMAT Applied Materials, Inc. - Common Stock $2,095,161 0.63% 3,986 $917,301 Up ×2
HD Home Depot, Inc. (The) Common Stock $2,062,869 0.62% 5,819 $-331,206 Down ×2
HLT Hilton Worldwide Holdings Inc. Common Stock $1,983,017 0.60% 6,302 $38,701 Down ×3
TSLA Tesla, Inc. - Common Stock $1,981,884 0.60% 5,955 $-201,404 Up ×3
UNH UnitedHealth Group Incorporated Common Stock (DE) $1,914,868 0.58% 4,761 $676,621 Up ×5
IBM International Business Machines Corporation Common Stock $1,907,946 0.58% 8,002 $-101,578 Down ×2
DLR Digital Realty Trust, Inc. Common Stock $1,895,565 0.57% 9,934 $102,601 Down ×5
IJR iShares Trust $1,849,113 0.56% 12,459 $231,655 Down ×2
ETN Eaton Corporation, PLC Ordinary Shares $1,828,285 0.55% 3,981 $396,647 Down ×1
PGR Progressive Corporation (The) Common Stock $1,744,056 0.53% 8,213 $74,052 Down ×2
EMR Emerson Electric Company Common Stock $1,737,673 0.52% 10,571 $333,130 Down ×2
PLTR Palantir Technologies Inc. - Class A Common Stock $1,727,358 0.52% 9,874 $223,014 Down ×1
MA Mastercard Incorporated Common Stock $1,709,585 0.52% 3,045 $214,103 Up ×1
NFLX Netflix, Inc. - Common Stock $1,694,367 0.51% 22,655 $-286,804 Up ×3
MPC Marathon Petroleum Corporation Common Stock $1,664,651 0.50% 4,948 $457,148 Up ×1
CTAS Cintas Corporation - Common Stock $1,647,397 0.50% 8,025 $215,099 Down ×2
IWR iShares Trust $1,645,194 0.50% 14,507 $234,717
AXP American Express Company Common Stock $1,644,067 0.50% 4,824 $190,348 Up ×6
IWM iShares Trust $1,617,520 0.49% 5,374 $284,768
WWD Woodward, Inc. - Common Stock $1,522,240 0.46% 4,269 $-48,671 Down ×2
GOOG Alphabet Inc. - Class C Capital Stock $1,479,774 0.45% 4,314 $445,010 Up ×3
HPE Hewlett Packard Enterprise Company Common Stock $1,475,493 0.44% 27,133 $839,337 Up ×2
QQQ Invesco QQQ Trust, Series 1 $1,474,978 0.44% 2,053 $320,041 Up ×1
AIRJ AirJoule Technologies Corporation - Class A Common Stock $1,466,605 0.44% 229,157 $1,086,265 Up ×1
SYF Synchrony Financial Common Stock $1,443,445 0.44% 18,395 $191,478 Down ×2
KGS Kodiak Gas Services, Inc. Common Stock $1,443,182 0.44% 23,620 $65,664
AMD Advanced Micro Devices, Inc. - Common Stock $1,424,857 0.43% 3,004 $1,057,666 Up ×4
MU Micron Technology, Inc. - Common Stock $1,357,497 0.41% 1,563 $875,061 Up ×2
TSM Taiwan Semiconductor Manufacturing Company Ltd. $1,335,473 0.40% 3,164 $310,411 Up ×2
ESGD iShares ESG Aware MSCI EAFE ETF $1,307,322 0.39% 12,202 $121,825 Down ×1
PM Philip Morris International Inc Common Stock $1,304,070 0.39% 7,003 $174,327 Up ×2
AEM Agnico Eagle Mines Limited Common Stock $1,291,270 0.39% 7,105 $-153,871 Down ×2
VUG VANGUARD INDEX FUNDS $1,244,959 0.38% 14,053 $273,171 Up ×6
NPWR NET Power Inc. Class A Common Stock $1,209,814 0.36% 746,799 $41,922 Down ×1
IVV iShares Trust $1,178,454 0.36% 1,522 $184,204
MNST Monster Beverage Corporation - Common Stock $1,171,214 0.35% 25,724 $333 Up ×1
MS Morgan Stanley Common Stock $1,147,829 0.35% 5,337 $349,171 Up ×2
TFC Truist Financial Corporation Common Stock $1,129,038 0.34% 21,584 $134,220 Down ×1
MRK Merck & Company, Inc. Common Stock (new) $1,116,862 0.34% 8,564 $-70,710 Down ×1
COP ConocoPhillips Common Stock $1,094,653 0.33% 8,693 $-52,063 Up ×3
ABBV AbbVie Inc. Common Stock $1,073,224 0.32% 4,291 $157,080 Up ×3
EDV VANGUARD WORLD FUND $1,051,624 0.32% 17,624 $-52,526 Up ×1
URI United Rentals, Inc. Common Stock $1,046,698 0.32% 915 $373,136 Down ×1
C Citigroup, Inc. Common Stock $1,027,124 0.31% 7,565 $237,337 Up ×2
UNP Union Pacific Corporation Common Stock $1,024,844 0.31% 3,499 $168,311 Down ×2
TMO Thermo Fisher Scientific Inc Common Stock $968,605 0.29% 1,601 $179,699 Down ×1
ALL Allstate Corporation (The) Common Stock $945,803 0.29% 3,607 $110,270 Down ×1
NOW ServiceNow, Inc. Common Stock $945,199 0.29% 7,411 $-183,314 Down ×2
HAL Halliburton Company Common Stock $915,980 0.28% 27,100 $-142,988 Down ×1
DIA State Street SPDR Dow Jones Industrial Average ETF Trust $900,500 0.27% 1,676 $124,177
VDE VANGUARD WORLD FUND $857,180 0.26% 4,985 $-5,384
TMUS T-Mobile US, Inc. - Common Stock $852,441 0.26% 4,773 $222,049 Up ×3
APP Applovin Corporation - Class A Common Stock $821,238 0.25% 2,577 $-212,368 Down ×2
HCA HCA Healthcare, Inc. Common Stock $818,739 0.25% 1,990 $-147,113 Down ×2
IEMG iShares, Inc. $812,881 0.25% 10,175 $103,175
CSCO Cisco Systems, Inc. - Common Stock $775,930 0.23% 6,443 $237,611 Down ×1
PLD Prologis, Inc. Common Stock $770,038 0.23% 5,520 $35,369 Down ×1
VTV VANGUARD INDEX FUNDS $768,144 0.23% 3,409 $116,628 Up ×6
ORCL Oracle Corporation Common Stock $749,099 0.23% 5,149 $121,969 Up ×2
EW Edwards Lifesciences Corporation Common Stock $749,093 0.23% 7,998 $-106,001 Down ×3
CVX Chevron Corporation Common Stock $736,243 0.22% 3,744 $-50,418 Down ×2
SHW Sherwin-Williams Company (The) Common Stock $710,623 0.21% 1,950 $-134,992 Down ×2
SPG Simon Property Group, Inc. Common Stock $682,580 0.21% 3,109 $102,793 Up ×1
IEFA iShares Trust $669,089 0.20% 6,649 $67,155
PG Procter & Gamble Company (The) Common Stock $661,317 0.20% 4,554 $-110,746 Down ×6
SCHW Charles Schwab Corporation (The) Common Stock $660,955 0.20% 6,137 $439,444 Up ×1
LIN Linde plc - Ordinary Shares $643,305 0.19% 1,311 $96,657 Up ×3
MCD McDonald's Corporation Common Stock $639,348 0.19% 2,332 $-309,270 Down ×5
JNJ Johnson & Johnson Common Stock $637,962 0.19% 2,456 $41,384 Up ×1
DOW Dow Inc. Common Stock $632,258 0.19% 20,226 $-215,977 Down ×1
CAT Caterpillar, Inc. Common Stock $631,684 0.19% 749 $144,264 Up ×6
GE GE Aerospace Common Stock $620,570 0.19% 1,686 $265,574 Up ×3

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
NVDA $28,325,888 8.54% up ×6
GOOGL $18,603,312 5.61% up ×4
AVGO $12,450,977 3.75% up ×3
AMZN $11,140,199 3.36% up ×3
V $4,888,207 1.47% up ×3
BRK-B (filed as BRKB) $2,408,913 0.73% up ×3
TSLA $1,981,884 0.60% up ×3
UNH $1,914,868 0.58% up ×5
NFLX $1,694,367 0.51% up ×3
AXP $1,644,067 0.50% up ×6
GOOG $1,479,774 0.45% up ×3
AMD $1,424,857 0.43% up ×4
VUG $1,244,959 0.38% up ×6
COP $1,094,653 0.33% up ×3
ABBV $1,073,224 0.32% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
Unknown issuer (CUSIP: 438516205) $457,375 1,988 0.14%
BKNG $440,428 2,069 0.13%
CL $417,334 4,521 0.13%
DASH $383,932 1,811 0.12%
CB $350,909 1,011 0.11%
Unknown issuer (CUSIP: 43849R105) $340,751 2,054 0.10%
SE $330,485 2,513 0.10%
MRSH $317,284 1,659 0.10%
ANET $317,154 1,603 0.10%
STX $305,303 372 0.09%
LRCX $303,019 973 0.09%
USB $265,518 4,130 0.08%
CVNA $262,944 3,652 0.08%
CF $247,851 2,104 0.07%
JBL $241,068 676 0.07%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
NVDA Bought more +152 +$5.6M
MSFT Bought more +342 +$4.7M
AAPL Bought more +1K +$3.9M
AVGO Bought more +474 +$3.3M
GOOGL Bought more +388 +$3.2M
AMZN Bought more +797 +$2.8M
PANW Trimmed -45 +$2.0M
JPM Trimmed -406 +$2.0M
LLY Trimmed -33 +$1.6M
APH Trimmed -30 +$1.4M

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 25,755 $4,369,601 20.0%
MELI March 31, 2026 210 $4,229,945 -1.9%
BSX June 30, 2026 25,022 $1,570,131 -0.2%
HON June 30, 2026 4,625 $1,045,315 -4.4%
FLUT Dec. 31, 2025 2,850 $723,900 -65.2%
BMY June 30, 2025 9,755 $594,957 32.1%
FBTC June 30, 2026 8,840 $521,825
DVN June 30, 2025 13,656 $510,761 49.8%
ZTS Dec. 31, 2025 3,206 $469,102 -44.6%
WDAY Dec. 31, 2025 1,893 $455,702 -13.3%
EXE March 31, 2026 4,116 $454,234 -22.1%
CRM June 30, 2026 2,416 $451,077 49.8%
IDAI March 31, 2026 115,363 $451,069 36.0%
OWL March 31, 2026 30,079 $449,387 -0.5%
TRMB March 31, 2026 5,555 $435,234 -11.8%
MSCI Sept. 30, 2025 734 $423,327 -5.5%
EPAM June 30, 2025 2,355 $397,618 -38.8%
RMD June 30, 2025 1,736 $388,603 -15.2%
BSCQ March 31, 2026 19,718 $385,980
ORLY March 31, 2026 4,083 $372,410 -8.0%
PEG June 30, 2025 4,006 $329,773 -19.1%
VOO June 30, 2025 637 $327,399
BSCS March 31, 2026 15,558 $320,495
TAP Sept. 30, 2025 6,563 $315,614 -18.5%
PFF Sept. 30, 2025 9,602 $294,589
BSCR March 31, 2026 14,618 $288,559
HTD June 30, 2026 10,823 $268,086 -12.7%
ICE March 31, 2026 1,555 $251,798 -4.5%
ED June 30, 2025 2,224 $246,048 3.0%
VCIT Dec. 31, 2025 2,903 $244,149
MO Sept. 30, 2025 4,154 $243,576 2.0%
AZN June 30, 2025 3,259 $239,552 12.3%
NVS June 30, 2026 1,561 $238,443 -10.0%
CRWD March 31, 2026 503 $235,786 -30.8%
HYG Dec. 31, 2025 2,899 $235,370
NWSA Dec. 31, 2025 7,613 $233,795 9.8%
PCG June 30, 2026 13,283 $233,382 -26.8%
ACN June 30, 2026 1,175 $232,991 59.8%
CMG Dec. 31, 2025 5,805 $227,498 -12.5%
CMG June 30, 2026 7,087 $226,855 -4.8%
DUK March 31, 2026 1,930 $226,221 -12.8%
IGF March 31, 2026 3,674 $225,437
VERA March 31, 2026 4,330 $219,271 -24.4%
DKNG Sept. 30, 2025 5,109 $219,125 -50.3%
AMT June 30, 2025 1,007 $219,123 -26.6%
ABT March 31, 2026 1,728 $216,501 -5.0%
LNG Dec. 31, 2025 915 $215,023 38.9%
VICI Dec. 31, 2025 6,512 $212,356 -19.5%
APO March 31, 2026 1,464 $211,929 2.3%
ODFL Dec. 31, 2025 1,498 $210,890 15.1%
KVUE Sept. 30, 2025 10,058 $210,524 6.0%
RTX June 30, 2025 1,586 $210,081 26.5%
MDT March 31, 2026 2,173 $208,760 -0.3%
TIMB June 30, 2026 7,862 $208,264 -16.8%
ETW June 30, 2025 25,195 $207,860 9.7%
CTRA June 30, 2025 7,179 $207,473 No longer tracked
ANET March 31, 2026 1,533 $200,869 68.9%
IRM June 30, 2025 2,333 $200,731 10.5%
AGD June 30, 2025 18,070 $179,983 2.8%
WETH March 31, 2026 109,318 $146,486 -22.2%
SOGP Sept. 30, 2025 25,000 $118,750 -42.7%
PRTS June 30, 2026 150,000 $117,870 34.0%
JPC June 30, 2026 15,073 $113,652 -12.3%
BTZ June 30, 2025 10,324 $110,673 -14.2%
VVR June 30, 2025 24,990 $93,713 -23.9%