Sector breakdown

04
Technology 23.9%
Industrials 10.2%
Communication Services 6.4%
Financials 3.8%
Retail 3.1%
Healthcare 2.9%
Utilities 1.8%
Consumer Discretionary 1.4%
Materials 0.4%
Energy 0.1%
Consumer Staples 0.1%
Other/Unmapped 46.2%

Full portfolio 198 positions

05
Type Streak 8Q trend
KLAC KLA Corporation - Common Stock $61,116,537 5.40% 202,567 $31,088,440 Up ×1
NVDA NVIDIA Corporation - Common Stock $54,626,668 4.83% 273,010 $6,727,548 Down ×2
EVMO Morgan Stanley ETF Trust $47,077,625 4.16% 941,741 $4,470,229 Up ×3
GOOGL Alphabet Inc. - Class A Common Stock $42,601,103 3.77% 119,207 $8,747,078 Up ×6
MSFT Microsoft Corporation - Common Stock $40,944,015 3.62% 109,764 $1,328,581 Up ×1
AAPL Apple Inc. - Common Stock $39,014,854 3.45% 134,832 $5,161,290 Up ×1
MU Micron Technology, Inc. - Common Stock $35,719,209 3.16% 30,945 $25,433,345 Up ×1
BAI iShares A.I. Innovation and Tech Active ETF $33,354,379 2.95% 632,671
EMEQ Nomura Focused Emerging Markets Equity ETF $31,691,256 2.80% 434,961 $11,763,355 Down ×1
ZAP Global X U.S. Electrification ETF $30,691,492 2.71% 886,781 $2,921,254 Up ×1
ADX Adams Diversified Equity Fund Inc. $28,861,439 2.55% 1,129,607 $5,768,211 Up ×6
LLY Eli Lilly and Company Common Stock $25,784,012 2.28% 21,497 $6,931,655 Up ×6
QQQ Invesco QQQ Trust, Series 1 $24,103,134 2.13% 32,731 $6,285,194 Up ×4
CSQ Calamos Strategic Total Return Fund - Closed End Fund $23,702,892 2.10% 1,152,865 $4,619,249 Up ×6
STRL Sterling Infrastructure, Inc. - Common Stock $22,875,929 2.02% 27,254 Up ×1
REMX VanEck ETF Trust $19,179,332 1.70% 216,713 $369,420 Up ×1
PREF Principal Exchange-Traded Funds $17,669,584 1.56% 927,050 $2,014,907 Up ×6
SPY SPY $17,000,596 1.50% 22,765 $4,024,547 Up ×1
PGR Progressive Corporation (The) Common Stock $16,975,049 1.50% 77,707 $1,999,126 Up ×6
SPMD SPDR SERIES TRUST $16,720,896 1.48% 247,497 $2,733,350 Up ×6
AVGO Broadcom Inc. - Common Stock $16,082,657 1.42% 42,575 $3,810,306 Up ×6
SPTM SPDR SERIES TRUST $15,975,025 1.41% 175,956 $2,476,018 Up ×6
AMZN Amazon.com, Inc. - Common Stock $15,374,307 1.36% 64,506 $1,795,390 Down ×2
VST Vistra Corp. Common Stock $15,269,299 1.35% 96,258 $1,753,234 Up ×6
ODFL Old Dominion Freight Line, Inc. - Common Stock $14,184,726 1.25% 65,488 $2,171,429 Up ×6
GPIQ Goldman Sachs Nasdaq-100 Premium Income ETF $14,061,244 1.24% 237,081 $2,655,185 Up ×2
SPAB SPDR SERIES TRUST $13,800,874 1.22% 540,786 $-1,539,093 Down ×6
LMT Lockheed Martin Corporation Common Stock $12,633,184 1.12% 24,797 $-1,466,042 Up ×2
AXP American Express Company Common Stock $12,260,264 1.08% 36,246 $1,626,023 Up ×6
DECK Deckers Outdoor Corporation Common Stock $11,651,490 1.03% 117,348 $769,692 Up ×2
COST Costco Wholesale Corporation - Common Stock $11,001,526 0.97% 11,760 $116,843 Up ×1
RECS Columbia ETF Trust I $10,750,639 0.95% 248,398 $1,188,274 Up ×6
UBER Uber Technologies, Inc. Common Stock $10,662,848 0.94% 147,767 $394,761 Up ×5
IUSB iShares Core Universal USD Bond ETF $10,622,361 0.94% 230,170 $-1,043,252 Down ×6
SPYV SPDR SERIES TRUST $10,473,421 0.93% 172,288 $1,402,771 Up ×6
META Meta Platforms, Inc. - Class A Common Stock $10,422,146 0.92% 18,502 $781,819 Up ×6
SPSM SPDR SERIES TRUST $10,255,873 0.91% 177,837 $2,247,421 Up ×6
BWXT BWX Technologies, Inc. Common Stock $9,871,539 0.87% 50,714 $698,987 Up ×2
HTRB Hartford Funds Exchange-Traded Trust $9,871,204 0.87% 292,610 $-1,121,471 Down ×6
ANET Arista Networks, Inc. Common Stock $9,669,035 0.86% 56,917 $3,102,508 Up ×2
SPDW SPDR INDEX SHARES FUNDS $9,550,321 0.84% 189,528 $1,923,941 Up ×6
PDI PIMCO Dynamic Income Fund Common Stock $9,467,951 0.84% 566,940 $470,261 Up ×6
SPHY SPDR SERIES TRUST $8,878,136 0.79% 378,760 $-986,503 Down ×6
WDC Western Digital Corporation - Common Stock $8,666,787 0.77% 13,569 Up ×1
FIX Comfort Systems USA, Inc. Common Stock $8,282,710 0.73% 4,179 Up ×1
WMT Walmart Inc. - Common Stock $7,769,192 0.69% 68,596 $-663,873 Up ×2
PWR Quanta Services, Inc. Common Stock $7,752,979 0.69% 10,767 $1,876,169 Up ×1
VRT Vertiv Holdings, LLC Class A Common Stock $7,297,687 0.65% 21,796 $2,269,851 Up ×3
IWB iShares Trust $6,668,025 0.59% 16,283 $810,241 Down ×6
ASML ASML Holding N.V. - New York Registry Shares $6,567,192 0.58% 3,301 $2,631,580 Up ×2
QQQM Invesco NASDAQ 100 ETF $6,343,105 0.56% 20,936 $1,406,184 Up ×6
AER AerCap Holdings N.V. Ordinary Shares $6,339,878 0.56% 43,489 $581,745 Up ×6
SCHD SCHWAB STRATEGIC TRUST $5,811,806 0.51% 183,280 $127,383 Down ×6
FLTR VanEck ETF Trust $5,790,842 0.51% 226,117 $-706,360 Down ×6
USTB VictoryShares Short-Term Bond ETF $5,118,366 0.45% 101,114 $-639,189 Down ×6
SPOT Spotify Technology S.A. Ordinary Shares $4,303,195 0.38% 9,373 $-538,612 Down ×1
VRTX Vertex Pharmaceuticals Incorporated - Common Stock $4,225,285 0.37% 8,506 $538,564 Up ×1
ETR Entergy Corporation Common Stock $4,209,038 0.37% 36,645 $221,096 Up ×1
RSG Republic Services, Inc. Common Stock $4,039,652 0.36% 18,958 $-416,308 Down ×3
GOOG Alphabet Inc. - Class C Capital Stock $3,961,970 0.35% 11,213 $571,926 Down ×1
WPM Wheaton Precious Metals Corp Common Shares (Canada) $3,550,847 0.31% 31,614 $-856,442 Down ×1
VNLA Janus Detroit Street Trust $3,452,965 0.31% 70,663 $-315,187 Down ×6
TSLA Tesla, Inc. - Common Stock $3,191,936 0.28% 7,589 $856,223 Up ×1
SCHG SCHWAB STRATEGIC TRUST $3,131,883 0.28% 92,550 $344,413 Down ×6
NDAQ Nasdaq, Inc. - Common Stock $3,107,980 0.27% 39,431 $-193,265 Up ×1
IJH iShares Trust $2,790,192 0.25% 36,185 $365,447 Up ×1
EMR Emerson Electric Company Common Stock $2,587,866 0.23% 18,078 $308,691 Up ×1
TAXE Intermediate Municipal Income ETF $2,491,329 0.22% 48,588 Up ×1
IVW iShares Trust $2,471,395 0.22% 17,970 $439,309 Up ×2
SCHM SCHWAB STRATEGIC TRUST $2,437,835 0.22% 66,120 $318,389 Down ×6
Unknown issuer (CUSIP: 43849R105) $2,361,126 0.21% 10,680 Up ×1
VYM VANGUARD WHITEHALL FUNDS $2,351,868 0.21% 14,882 $541,853 Up ×1
SPGI S&P Global Inc. Common Stock $2,338,344 0.21% 5,742 $-78,576 Up ×1
IWF iShares Trust $2,305,684 0.20% 18,569 $290,957 Up ×2
FTMH Franklin Municipal High Yield ETF $2,267,368 0.20% 190,856 Up ×1
IWM iShares Trust $2,246,486 0.20% 7,477 $389,964 Down ×6
DVY iShares Select Dividend ETF $2,240,680 0.20% 14,336 $37,862 Down ×2
ACGL Arch Capital Group Ltd. - Common Stock $2,217,144 0.20% 22,843 $93,059 Up ×1
CAT Caterpillar, Inc. Common Stock $2,133,040 0.19% 2,003 $850,789 Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $2,094,643 0.19% 4,186 $13,958 Down ×5
VOO VANGUARD INDEX FUNDS $2,054,723 0.18% 2,992 $57,013 Down ×3
IAU iShares Gold Trust Shares $2,052,662 0.18% 27,184 $-5,957,728 Down ×1
COR Cencora, Inc. Common Stock $1,873,652 0.17% 6,621 $21,680 Up ×2
SCHA SCHWAB STRATEGIC TRUST $1,754,754 0.16% 48,568 $310,429 Down ×6
ETN Eaton Corporation, PLC Ordinary Shares $1,732,542 0.15% 4,066 $1,356,112 Up ×3
DSI iShares Trust $1,705,055 0.15% 11,975 $244,456 Down ×1
STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) $1,651,521 0.15% 1,711 $842,357 Down ×1
IWD iShares Trust $1,627,150 0.14% 6,712 $207,178 Up ×1
FLQL Franklin Templeton ETF Trust $1,616,726 0.14% 20,653 $374,975 Up ×1
SPYM State Street SPDR Portfolio S&P 500 ETF $1,525,792 0.13% 17,362 $175,429 Down ×3
VGT VANGUARD WORLD FUND $1,462,972 0.13% 12,240 $385,070 Up ×1
HYG iShares Trust $1,426,665 0.13% 17,840 $-370,202 Down ×6
RDDT Reddit, Inc. Class A Common Stock $1,375,831 0.12% 7,926 Up ×1
GLD SPDR Gold Shares $1,351,590 0.12% 3,669 $-237,473 Down ×1
FEGE RBB Fund Trust $1,313,947 0.12% 26,859 $100,871 Up ×3
GE GE Aerospace Common Stock $1,176,919 0.10% 3,149 $276,293 Down ×1
PAVE Global X Funds $1,156,667 0.10% 19,631 $132,526 Down ×2
LRCX Lam Research Corporation - Common Stock $1,135,324 0.10% 2,620 $599,038 Up ×2
SPYG SPDR SERIES TRUST $1,115,506 0.10% 9,375 $909,018 Up ×4
QYLD Global X NASDAQ 100 Covered Call ETF $1,111,612 0.10% 60,315 $234,346 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
EVMO $47,077,625 4.16% up ×3
GOOGL $42,601,103 3.77% up ×6
ADX $28,861,439 2.55% up ×6
LLY $25,784,012 2.28% up ×6
QQQ $24,103,134 2.13% up ×4
CSQ $23,702,892 2.10% up ×6
PREF $17,669,584 1.56% up ×6
PGR $16,975,049 1.50% up ×6
SPMD $16,720,896 1.48% up ×6
AVGO $16,082,657 1.42% up ×6
SPTM $15,975,025 1.41% up ×6
VST $15,269,299 1.35% up ×6
ODFL $14,184,726 1.25% up ×6
AXP $12,260,264 1.08% up ×6
RECS $10,750,639 0.95% up ×6

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
BAI $33,354,379 632,671 2.95%
STRL $22,875,929 27,254 2.02%
WDC $8,666,787 13,569 0.77%
FIX $8,282,710 4,179 0.73%
TAXE $2,491,329 48,588 0.22%
Unknown issuer (CUSIP: 43849R105) $2,361,126 10,680 0.21%
FTMH $2,267,368 190,856 0.20%
RDDT $1,375,831 7,926 0.12%
FTHF $975,671 19,599 0.09%
INTC $579,182 4,148 0.05%
CVIE $543,146 6,389 0.05%
AMD $412,448 710 0.04%
ALAB $338,114 700 0.03%
PANW $283,729 832 0.03%
FXL $258,492 1,190 0.02%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
KLAC Bought more +182K +$31.1M
MU Bought more +499 +$25.4M
EMEQ Trimmed -7K +$11.8M
GOOGL Bought more +1K +$8.7M
LLY Bought more +1K +$6.9M
NVDA Trimmed -2K +$6.7M
QQQ Bought more +2K +$6.3M
IAU Trimmed -64K -$6.0M
ADX Bought more +75K +$5.8M
AAPL Bought more +1K +$5.2M

2 positions 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
SHLD June 30, 2026 409,770 $29,028,102
EUFN Sept. 30, 2025 672,430 $21,268,958
UCON June 30, 2026 845,423 $20,941,123
IDGT June 30, 2025 273,463 $20,181,616
URA March 31, 2026 382,028 $16,324,060
PANW March 31, 2026 70,221 $12,934,769 151.5%
CTAS June 30, 2026 74,505 $12,601,802 13.5%
LDOS June 30, 2026 73,857 $11,486,230 14.3%
LNG Dec. 31, 2025 45,541 $10,701,181 38.9%
CPRT Dec. 31, 2025 233,379 $10,495,084 -30.5%
SNPS Dec. 31, 2025 14,831 $7,317,546 4.3%
UNH March 31, 2026 18,077 $5,967,298 37.4%
MRVL Dec. 31, 2025 57,103 $4,800,689 220.4%
FSCO Dec. 31, 2025 556,188 $3,843,268 -18.9%
NEE Dec. 31, 2025 41,380 $3,123,777 -4.3%
APO Sept. 30, 2025 18,167 $2,577,285 -14.4%
NOW Dec. 31, 2025 2,514 $2,313,126 -12.3%
CARR March 31, 2026 39,179 $2,070,203 -2.1%
NU June 30, 2026 128,191 $1,842,120 0.5%
ROKU June 30, 2026 16,352 $1,547,217 10.3%
ISRG June 30, 2026 3,225 $1,486,714 -1.4%
GSUS March 31, 2026 11,926 $1,125,797
FPWR June 30, 2026 18,540 $692,409
BN June 30, 2025 9,870 $517,287 -10.5%
STIP Sept. 30, 2025 4,529 $466,081
EFA Sept. 30, 2025 5,206 $465,394
JMBS Sept. 30, 2025 9,834 $443,001
BIV Sept. 30, 2025 4,807 $371,773
CMG June 30, 2026 11,444 $366,324 -4.8%
ES June 30, 2025 5,560 $345,331 1.4%
IBM June 30, 2025 1,068 $265,569 -24.5%
SCHO Sept. 30, 2025 9,653 $235,332 -2.1%
IEI Sept. 30, 2025 1,971 $234,733
BAI March 31, 2026 6,961 $231,795
WM June 30, 2026 1,000 $229,834 -8.3%
GDX June 30, 2026 2,500 $229,425 16.3%
TTE June 30, 2026 2,509 $228,269 8.5%
VWO Sept. 30, 2025 4,582 $226,603
COP June 30, 2025 2,156 $226,474 41.2%
BBAG June 30, 2026 4,901 $226,228
IYR Dec. 31, 2025 2,314 $224,670 2.9%
FEZ June 30, 2026 3,619 $224,645
IGSB Sept. 30, 2025 4,175 $220,273
SHEL June 30, 2026 2,355 $219,056 24.1%
SCHH Dec. 31, 2025 10,051 $216,804 6.8%
HD Dec. 31, 2025 522 $211,678 -17.8%
IDCC June 30, 2026 701 $211,574 18.4%
AGG Dec. 31, 2025 2,108 $211,339
NFLX June 30, 2026 2,189 $210,474 -6.1%
XLV June 30, 2025 1,437 $209,852 23.3%
PFF March 31, 2026 6,771 $209,638
MCD June 30, 2026 666 $206,929 -14.2%
PG Sept. 30, 2025 1,293 $206,057 -5.7%
SCHZ March 31, 2026 8,789 $205,403 -4.2%
HWM Dec. 31, 2025 1,040 $204,079 12.8%
FXG June 30, 2025 3,106 $202,929
EFA March 31, 2026 2,103 $201,983
IEFA Dec. 31, 2025 2,304 $201,130
FXL March 31, 2026 1,190 $200,253
JRI June 30, 2026 13,155 $161,808 -15.9%
F March 31, 2026 11,148 $146,258 4.9%
CION March 31, 2026 11,866 $114,746 2.3%
F Sept. 30, 2025 10,345 $112,247 1.2%
CION June 30, 2025 10,250 $106,089 -26.9%
TDUP Sept. 30, 2025 10,001 $74,907 -77.0%