Sector breakdown

04
Technology 8.3%
Financials 7.7%
Industrials 3.3%
Energy 2.5%
Communication Services 2.5%
Healthcare 2.5%
Retail 1.8%
Consumer Staples 1.1%
Real Estate 1.0%
Consumer Discretionary 0.8%
Materials 0.7%
Utilities 0.6%
Consumer products 0.4%
Other/Unmapped 66.8%

Full portfolio 377 positions

05
Type Streak 8Q trend
DGRW WisdomTree U.S. Quality Dividend Growth Fund $55,507,360 5.04% 580,499 $5,026,430 Up ×1
IVV iShares Trust $48,401,463 4.40% 64,631 $22,414,667 Up ×4
VUG Vanguard Morningstar Growth ETF $31,449,730 2.86% 365,100 $5,272,683 Up ×4
VYM Vanguard High Dividend Yield ETF $27,380,072 2.49% 173,259 $1,361,098 Down ×6
DYNF BlackRock ETF Trust $25,688,384 2.33% 377,715 $4,186,430 Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $24,034,232 2.18% 48,031 $1,035,986 Up ×3
FDL First Trust Morningstar ETF $23,245,063 2.11% 477,704 $-731,828 Up ×1
VTV Vanguard Morningstar Value ETF $21,804,589 1.98% 100,053 $-980,610 Down ×2
BIL SPDR SERIES TRUST $21,253,655 1.93% 231,926 $-1,625,717 Down ×2
ITOT iShares Trust $21,094,232 1.92% 128,412 $3,376,183 Up ×2
FVD First Trust Exchange-Traded Fund $20,269,390 1.84% 420,701 $778,693 Up ×1
TFLO iShares Treasury Floating Rate Bond ETF $19,283,219 1.75% 380,865 $-3,490,556 Down ×1
NVDA NVIDIA Corporation - Common Stock $18,524,423 1.68% 92,580 $2,940,850 Up ×1
RDVY First Trust Rising Dividend Achievers ETF $18,000,165 1.64% 222,060 $2,175,047 Down ×6
BLCR iShares Large Cap Core Active ETF $14,938,290 1.36% 296,571 $6,131,166 Up ×1
BAI iShares A.I. Innovation and Tech Active ETF $14,301,452 1.30% 271,272 $3,862,139 Down ×1
CORO iShares International Country Rotation Active ETF $13,762,222 1.25% 376,017 $2,261,640 Up ×1
AAPL Apple Inc. - Common Stock $13,222,809 1.20% 45,697 $2,228,915 Up ×1
VWO Vanguard FTSE Emerging Markets ETF $12,784,597 1.16% 214,183 $-3,192,546 Down ×2
JPM JP Morgan Chase & Co. Common Stock $12,447,341 1.13% 38,027 $1,196,198 Down ×6
VTI Vanguard Morningstar Total Stock Market ETF $11,297,017 1.03% 30,529 $1,421,648 Down ×4
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF $10,599,084 0.96% 116,743 $586,103 Down ×6
FQAL Fidelity Quality Factor ETF $10,544,096 0.96% 129,597 $396,965 Down ×6
MTUM iShares Trust $10,533,457 0.96% 30,725 $906,740 Down ×1
BOXX EA Series Trust $9,814,411 0.89% 83,819 $1,783,961 Up ×2
MBB iShares MBS ETF $9,727,309 0.88% 102,913 $1,043,788 Up ×6
XDEC First Trust Exchange-Traded Fund VIII $9,672,646 0.88% 225,812 $1,003,285 Up ×2
XOM Exxon Mobil Corporation Common Stock $9,534,406 0.87% 69,737 $-2,889,259 Down ×6
FNDF SCHWAB STRATEGIC TRUST $9,460,500 0.86% 179,312 $-556,769 Down ×2
CGGR Capital Group Growth ETF $8,458,087 0.77% 179,197 $-1,440,417 Down ×2
TLH iShares 10-20 Year Treasury Bond ETF $8,307,412 0.75% 82,784 $610,364 Up ×2
GOOGL Alphabet Inc. - Class A Common Stock $8,222,505 0.75% 23,008 $2,098,283 Up ×6
AVGO Broadcom Inc. - Common Stock $8,196,821 0.74% 21,699 $1,638,359 Up ×2
ETN Eaton Corporation, PLC Ordinary Shares $8,171,619 0.74% 19,177 $1,038,206 Down ×6
TXN Texas Instruments Incorporated - Common Stock $8,080,906 0.73% 27,111 $2,721,086 Down ×6
GOVT iShares Trust $7,921,107 0.72% 347,722 $600,629 Up ×1
MSFT Microsoft Corporation - Common Stock $7,826,681 0.71% 20,982 $367,723 Up ×1
VIG Vanguard Div Appreciation ETF $7,792,712 0.71% 32,933 $246,888 Down ×6
SHLD Global X Funds $7,696,828 0.70% 128,904 $432,292 Up ×3
V Visa Inc. $7,620,491 0.69% 22,211 $819,837 Down ×1
THRO iShares U.S. Thematic Rotation Active ETF $7,320,935 0.67% 169,820 $-1,106,508 Down ×1
AMZN Amazon.com, Inc. - Common Stock $7,181,939 0.65% 30,133 $1,217,468 Up ×1
ICSH iShares Ultra Short Duration Bond Active ETF $7,065,156 0.64% 139,683 $-27,656 Down ×1
IALT iShares Systematic Alternatives Active ETF $6,649,058 0.60% 237,043 Up ×1
BNDX Vanguard Total International Bond ETF $6,585,392 0.60% 135,978 $922,533 Up ×4
JAAA Janus Henderson AAA CLO ETF $6,547,039 0.60% 129,670 $1,555,724 Up ×1
LAMR Lamar Advertising Company - Class A Common Stock $6,507,522 0.59% 41,720 $1,085,550 Down ×6
WFC Wells Fargo & Company Common Stock $6,346,419 0.58% 76,796 $78,468 Down ×6
BINC iShares Flexible Income Active ETF $6,067,881 0.55% 115,932 $588,175 Up ×6
KMI Kinder Morgan, Inc. Common Stock $5,653,238 0.51% 176,829 $-486,124 Down ×6
GOOG Alphabet Inc. - Class C Capital Stock $5,543,384 0.50% 15,689 $905,478 Down ×1
RSG Republic Services, Inc. Common Stock $5,343,666 0.49% 25,078 $-236,924 Down ×6
WMT Walmart Inc. - Common Stock $5,076,656 0.46% 44,823 $-457,079 Up ×3
SPYM State Street SPDR Portfolio S&P 500 ETF $4,725,571 0.43% 53,773 $955,211 Up ×2
BALT Innovator Defined Wealth Shield ETF $4,677,272 0.43% 136,483 $168,834 Up ×1
EMLP First Trust Exchange-Traded Fund IV $4,649,607 0.42% 106,888 $-155,276 Down ×6
BLK BlackRock, Inc. Common Stock $4,595,428 0.42% 4,779 $-137,472 Down ×6
WM Waste Management, Inc. Common Stock $4,476,213 0.41% 20,084 $-232,512 Down ×6
SFLR Innovator Equity Managed Floor ETF $4,400,564 0.40% 114,063 $255,851 Down ×2
DUK Duke Energy Corporation (Holding Company) Common Stock $4,360,615 0.40% 34,449 $-337,535 Down ×6
KO Coca-Cola Company (The) Common Stock $4,331,768 0.39% 53,301 $161,562 Down ×6
PSX Phillips 66 Common Stock $4,327,369 0.39% 25,598 $-410,902 Down ×6
DON WisdomTree Trust $4,314,381 0.39% 76,334 $-151,173 Down ×6
QCOM QUALCOMM Incorporated - Common Stock $4,180,536 0.38% 22,623 $1,035,606 Down ×6
JNJ Johnson & Johnson Common Stock $4,101,429 0.37% 16,149 $54,463 Down ×6
FLOT iShares Floating Rate Bond ETF $4,096,542 0.37% 80,246 $1,049,218 Up ×2
META Meta Platforms, Inc. - Class A Common Stock $3,968,597 0.36% 7,045 $213,500 Up ×2
MCK McKesson Corporation Common Stock $3,834,280 0.35% 5,074 $-752,449 Down ×6
VEA Vanguard FTSE Developed Markets ETF $3,783,945 0.34% 53,108 $376,427 Down ×3
DFEB First Trust Exchange-Traded Fund VIII $3,761,386 0.34% 74,494 $117,018 Down ×6
TSM Taiwan Semiconductor Manufacturing Company Ltd. $3,669,870 0.33% 7,684 $1,103,321 Up ×5
USFR WisdomTree Floating Rate Treasury Fund $3,649,802 0.33% 72,489 $-111,983 Down ×6
ORCL Oracle Corporation Common Stock $3,620,827 0.33% 24,707 $-92,268 Down ×1
APD Air Products and Chemicals, Inc. Common Stock $3,562,613 0.32% 12,152 $133,707 Up ×1
HDV iShares Trust $3,480,382 0.32% 126,975 $-152,969 Up ×2
UL Unilever PLC American Depositary Shares (each representing One Ordinary Share) $3,470,897 0.32% 57,733 $326,837 Up ×2
CSCO Cisco Systems, Inc. - Common Stock $3,369,055 0.31% 28,683 $1,055,330 Down ×6
CB Chubb Limited Common Stock $3,337,320 0.30% 9,794 $28,805 Down ×1
IAU iShares Gold Trust Shares $3,333,162 0.30% 44,142 $-612,438 Down ×2
AMGN Amgen Inc. - Common Stock $3,246,159 0.30% 8,964 $52,050 Down ×6
O Realty Income Corporation Common Stock $3,170,646 0.29% 51,172 $-124,107 Down ×6
NVS Novartis AG Common Stock $3,170,567 0.29% 20,231 $39,532 Down ×1
ADI Analog Devices, Inc. - Common Stock $2,990,823 0.27% 7,530 $494,990 Down ×1
SCHW Charles Schwab Corporation (The) Common Stock $2,962,080 0.27% 32,102 $-73,127 Down ×1
XLE SELECT SECTOR SPDR TRUST $2,947,403 0.27% 55,496 $-508,588 Down ×2
EPS WisdomTree Trust $2,913,185 0.26% 37,449 $327,842 Down ×6
MU Micron Technology, Inc. - Common Stock $2,911,289 0.26% 2,522 $2,166,667 Up ×1
RDVI First Trust Exchange-Traded Fund IV $2,909,174 0.26% 98,952 $613,522 Up ×4
BAC Bank of America Corporation Common Stock $2,876,729 0.26% 50,487 $490,685 Up ×1
LMT Lockheed Martin Corporation Common Stock $2,865,151 0.26% 5,624 $-632,181 Down ×6
QUAL iShares Trust $2,862,292 0.26% 13,044 $-2,534,201 Down ×1
DJAN First Trust Exchange-Traded Fund VIII $2,853,126 0.26% 62,673 $-69,950 Down ×1
IWB iShares Russell 1000 ETF $2,832,137 0.26% 6,916 $52,729 Down ×5
BALI iShares U.S. Large Cap Premium Income Active ETF $2,792,021 0.25% 82,531 $903,946 Up ×3
ABBV AbbVie Inc. Common Stock $2,729,648 0.25% 10,847 $421,161 Up ×5
SGOV iShares Trust $2,683,665 0.24% 26,658 $-1,553,504 Down ×1
GD General Dynamics Corporation Common Stock $2,668,681 0.24% 7,534 $89,688 Up ×2
PM Philip Morris International Inc Common Stock $2,539,477 0.23% 14,037 $137,653 Down ×1
SBUX Starbucks Corporation - Common Stock $2,532,408 0.23% 24,781 $120,944 Down ×6
BK The Bank of New York Mellon Corporation Common Stock $2,509,114 0.23% 17,351 $453,950 Up ×2

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
IVV $48,401,463 4.40% up ×4
VUG $31,449,730 2.86% up ×4
BRK-B (filed as BRKB) $24,034,232 2.18% up ×3
MBB $9,727,309 0.88% up ×6
GOOGL $8,222,505 0.75% up ×6
SHLD $7,696,828 0.70% up ×3
BNDX $6,585,392 0.60% up ×4
BINC $6,067,881 0.55% up ×6
WMT $5,076,656 0.46% up ×3
TSM $3,669,870 0.33% up ×5
RDVI $2,909,174 0.26% up ×4
BALI $2,792,021 0.25% up ×3
ABBV $2,729,648 0.25% up ×5
UPBD $1,615,017 0.15% up ×3
KLAC $1,553,505 0.14% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
IALT $6,649,058 237,043 0.60%
SECU $988,939 19,834 0.09%
BILT $856,345 30,551 0.08%
RYN $555,919 26,124 0.05%
SNDK $550,243 242 0.05%
IEF $528,363 5,587 0.05%
MRVL $489,135 1,642 0.04%
EUFN $462,613 11,865 0.04%
Unknown issuer (CUSIP: 438516205) $415,558 1,856 0.04%
Unknown issuer (CUSIP: 43849R105) $410,324 1,856 0.04%
DELL $404,278 937 0.04%
IBDY $398,043 15,461 0.04%
WDC $364,709 571 0.03%
Unknown issuer (CUSIP: 84615Q103) $360,685 2,111 0.03%
STX $349,330 362 0.03%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
IVV Bought more +25K +$22.4M
BLCR Bought more +82K +$6.1M
VUG Bought more +305K +$5.3M
DGRW Bought more +6K +$5.0M
DYNF Bought more +8K +$4.2M
BAI Trimmed -46K +$3.9M
TFLO Trimmed -69K -$3.5M
ITOT Bought more +4K +$3.4M
VWO Trimmed -81K -$3.2M
NVDA Bought more +3K +$2.9M

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
UL (filed as ULXXXX) Dec. 31, 2025 65,860 $3,904,196 -8.3%
IGRO Dec. 31, 2025 35,205 $2,804,745
BSCP Dec. 31, 2025 125,227 $2,590,946 No longer tracked
SHYG June 30, 2025 25,647 $1,090,494
CLOA June 30, 2026 18,905 $979,941
HON June 30, 2026 3,960 $894,991 -4.4%
IGF June 30, 2026 9,707 $650,356
FISV Dec. 31, 2025 4,893 $630,835 -31.3%
HSY March 31, 2026 3,224 $586,786 -22.6%
PFFV Dec. 31, 2025 23,985 $554,537
DJUL June 30, 2025 11,598 $474,366
SSNC March 31, 2026 5,076 $443,744 17.0%
IWX June 30, 2025 5,376 $441,800
IFF June 30, 2025 5,678 $440,670 13.2%
CMA March 31, 2026 4,941 $429,531 No longer tracked
ELV Dec. 31, 2025 1,261 $407,339 12.5%
ROP Sept. 30, 2025 708 $401,323 -27.1%
DMAR Sept. 30, 2025 10,000 $395,700
SDS June 30, 2025 18,250 $391,645 -36.5%
GEHC March 31, 2026 4,689 $384,592 -7.6%
BNDW March 31, 2026 5,556 $381,921
DELL March 31, 2026 3,028 $381,153 236.5%
SPXU Sept. 30, 2025 22,080 $370,944 -38.5%
DGRO June 30, 2025 5,997 $370,481
XLU June 30, 2026 7,778 $356,933 No longer tracked
FJAN June 30, 2025 7,496 $332,448
CME March 31, 2026 1,173 $320,253 -8.6%
DAUG Dec. 31, 2025 7,264 $316,903
EPD Sept. 30, 2025 9,992 $309,851 17.7%
SAP Dec. 31, 2025 1,084 $289,656 -14.5%
QLTA March 31, 2026 5,958 $286,520
ADBE March 31, 2026 816 $285,560 -1.8%
OXY Dec. 31, 2025 5,849 $276,365 41.8%
BMY June 30, 2025 4,395 $268,025 27.0%
HYLS June 30, 2026 6,577 $266,828
TLT June 30, 2026 3,020 $261,804
DEO June 30, 2025 2,471 $258,936 -16.7%
MCD Dec. 31, 2025 844 $256,475 -23.8%
GLDM June 30, 2026 2,733 $253,322 3.1%
FTSL Sept. 30, 2025 5,518 $253,232
DHR Sept. 30, 2025 1,276 $252,061 11.6%
MDLZ June 30, 2025 3,612 $245,053 -13.3%
VWOB March 31, 2026 3,577 $241,197
COF March 31, 2026 983 $238,325 7.0%
AVEM June 30, 2026 2,937 $236,663
IGV March 31, 2026 2,223 $234,949 37.1%
DIVB June 30, 2025 4,821 $233,915
DD June 30, 2026 5,070 $232,206 -3.6%
DHR March 31, 2026 1,005 $230,065 16.7%
TGT Sept. 30, 2025 2,300 $226,895 70.6%
PYPL Sept. 30, 2025 3,023 $224,669 -18.9%
UGI June 30, 2026 6,169 $224,663 6.5%
BA June 30, 2025 1,310 $223,421 -8.0%
TMO March 31, 2026 382 $221,350 37.7%
CASS Sept. 30, 2025 5,092 $221,241 37.7%
MYCG Dec. 31, 2025 8,798 $220,801
MYCH Dec. 31, 2025 8,783 $220,761
SHW March 31, 2026 673 $218,072 -0.7%
NVO March 31, 2026 4,248 $216,138 2.1%
VNQ Dec. 31, 2025 2,339 $213,831
DSEP Dec. 31, 2025 4,791 $211,762
MCD June 30, 2026 680 $211,357 -13.8%
SLB June 30, 2025 5,021 $209,863 48.8%
UNM March 31, 2026 2,706 $209,707 23.1%
LMBS Sept. 30, 2025 4,226 $208,173
SYK Sept. 30, 2025 526 $207,907 -22.8%
PRU June 30, 2026 2,103 $205,442 5.1%
IEFA Dec. 31, 2025 2,328 $203,214
CASS June 30, 2026 4,589 $202,002 5.5%
USB June 30, 2025 4,774 $201,558 26.6%
CRWD Sept. 30, 2025 395 $201,177 -44.4%
WHR Sept. 30, 2025 1,980 $200,812 -61.8%
ACN March 31, 2026 746 $200,152 -1.6%
WBA June 30, 2025 10,795 $120,580 No longer tracked
NVTS Sept. 30, 2025 13,139 $86,060 70.9%
WIT Sept. 30, 2025 13,202 $39,870 -35.7%
CAN June 30, 2026 16,091 $6,948 16.0%