Sector breakdown

04
Technology 3.0%
Industrials 1.5%
Financials 1.4%
Retail 0.9%
Communication Services 0.8%
Healthcare 0.8%
Energy 0.5%
Consumer Discretionary 0.4%
Consumer Staples 0.3%
Utilities 0.3%
Materials 0.2%
Consumer products 0.1%
Real Estate 0.0%
Other/Unmapped 89.7%

Full portfolio 560 positions

05
Type Streak 8Q trend
SPY SPY $375,864,846 10.66% 503,321 $56,464,251 Up ×1
USFR WisdomTree Floating Rate Treasury Fund $278,017,124 7.89% 5,521,691 $21,297,460 Up ×1
VOO Vanguard S&P 500 ETF $187,530,712 5.32% 273,046 $121,993,907 Up ×1
VTI Vanguard Morningstar Total Stock Market ETF $140,818,064 4.00% 380,548 $33,538,312 Up ×1
VTV Vanguard Morningstar Value ETF $111,896,286 3.17% 513,451 $21,276,888 Up ×1
TFLO iShares Treasury Floating Rate Bond ETF $77,032,005 2.19% 1,521,470 $11,061,049 Up ×1
EFA iShares Trust $70,176,799 1.99% 675,556 $11,327,772 Up ×1
VT Vanguard Total World Stock Index ETF $62,131,042 1.76% 395,865 $9,702,537 Up ×1
VEU Vanguard FTSE All World Ex US ETF $57,542,173 1.63% 687,071 $12,771,236 Up ×1
SPSB State Street SPDR Portfolio Short Term Corporate Bond ETF $52,307,357 1.48% 1,742,998 $7,858,599 Up ×6
DFAC Dimensional ETF Trust $45,558,113 1.29% 1,027,009 $43,019,150 Up ×1
SCHG SCHWAB STRATEGIC TRUST $43,189,111 1.23% 1,276,274 $-13,513,407 Down ×1
VEA Vanguard FTSE Developed Markets ETF $41,753,206 1.18% 586,010 $40,411,255 Up ×1
VCIT Vanguard Intermediate-Term Corporate Bond ETF $38,751,527 1.10% 468,863 $14,421,740 Up ×1
VTEB Vanguard Tax-Exempt Bond ETF $35,641,748 1.01% 704,661
IVV iShares Trust $35,261,567 1.00% 47,085 $18,542,719 Up ×1
BND Vanguard Total Bond Market ETF $35,234,928 1.00% 479,975
SCHF SCHWAB STRATEGIC TRUST $35,032,869 0.99% 1,264,724 $34,226,709 Up ×1
AAPL Apple Inc. - Common Stock $35,021,403 0.99% 121,031 $11,004,375 Up ×1
VWO Vanguard FTSE Emerging Markets ETF $33,946,376 0.96% 568,711 $17,171,340 Up ×1
QUS SPDR SERIES TRUST $32,288,267 0.92% 172,792 $14,071,737 Up ×1
SPYV State Street SPDR Portfolio S&P 500 Value ETF $31,628,731 0.90% 520,295 $7,199,676 Up ×1
CGDV Capital Group Dividend Value ETF $31,122,023 0.88% 631,535 $3,080,336 Down ×1
SPYG State Street SPDR Portfolio S&P 500 Growth ETF $31,115,642 0.88% 261,498 $7,471,203 Up ×6
DFAX Dimensional ETF Trust $30,848,337 0.88% 837,360 $29,161,864 Up ×1
CGUS Capital Group Core Equity ETF $30,133,918 0.86% 677,471 $3,608,365 Down ×1
CGGO Capital Group Global Growth Equity ETF $29,266,986 0.83% 691,401 $5,374,833 Down ×1
IWM iShares Russell 2000 Index Fund $28,821,358 0.82% 95,927 $7,657,964 Up ×1
VXF Vanguard Extended Market ETF $28,320,729 0.80% 115,027 $25,470,021 Up ×1
VUG Vanguard Morningstar Growth ETF $27,111,211 0.77% 314,734 $6,866,470 Up ×6
ULST State Street Ultra Short Term Bond ETF $26,886,737 0.76% 665,102 $3,065,527 Up ×6
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF $25,650,543 0.73% 282,526 $6,092,384 Up ×1
SUB iShares Short-Term National Muni Bond ETF $25,487,761 0.72% 239,389 $15,298,662 Up ×1
MAXJ iShares Trust $24,231,344 0.69% 831,835 $-1,128,979 Down ×2
FNDF SCHWAB STRATEGIC TRUST $24,184,701 0.69% 458,391 Up ×1
ACWI iShares MSCI ACWI ETF $23,283,206 0.66% 148,329 $7,211,547 Up ×1
DOL WisdomTree Trust $22,452,890 0.64% 301,931 $2,540,485 Up ×1
CGCB Capital Group Fixed Income ETF Trust $22,259,278 0.63% 850,240 $5,361,230 Up ×2
DLS WisdomTree Trust $22,220,934 0.63% 265,198 $1,070,512 Up ×1
PYLD PIMCO Multisector Bond Active Exchange-Traded Fund $21,859,861 0.62% 824,278 $5,616,581 Up ×2
EEM iShares, Inc. $21,348,903 0.61% 312,073 $4,914,023 Up ×1
STRL Sterling Infrastructure, Inc. - Common Stock $20,548,709 0.58% 24,481 $6,477,367 Down ×3
DMAX iShares Trust $20,148,657 0.57% 736,972 $-69,567 Down ×2
STIP iShares 0-5 Year TIPS Bond ETF $18,254,519 0.52% 178,686 $2,268,690 Up ×6
DFUV Dimensional ETF Trust $17,488,115 0.50% 317,908 $3,800,591 Up ×1
NVDA NVIDIA Corporation - Common Stock $15,830,316 0.45% 79,116 $5,369,655 Up ×1
VGT Vanguard Information Tech ETF $15,802,848 0.45% 132,219 $14,500,822 Up ×1
PHYS Sprott Physical Gold Trust ETV $15,538,083 0.44% 515,018 $-2,420,133 Up ×4
MSFT Microsoft Corporation - Common Stock $15,325,384 0.43% 41,085 $4,433,483 Up ×1
IBTH iShares iBonds Dec 2027 Term Treasury ETF $14,900,487 0.42% 666,092 $5,742,337 Up ×2
REET iShares Trust $14,386,064 0.41% 520,857 $2,585,270 Up ×1
BNDX Vanguard Total International Bond ETF $13,308,900 0.38% 274,807
SLYV SPDR SERIES TRUST $13,307,659 0.38% 121,966 $2,426,130 Up ×1
MUB iShares Trust $13,282,110 0.38% 123,417 $3,777,783 Up ×1
AMZN Amazon.com, Inc. - Common Stock $12,854,273 0.36% 53,933 $4,004,709 Up ×1
EFV iShares Trust $12,738,676 0.36% 166,410 $1,463,558 Up ×1
IAGG iShares International Aggregate Bond Fund $12,525,972 0.36% 247,549 $1,936,606 Up ×6
SPYM State Street SPDR Portfolio S&P 500 ETF $12,241,721 0.35% 139,300 $2,877,847 Up ×1
DNL WisdomTree Trust $11,947,545 0.34% 258,717 $2,163,107 Up ×1
VV Vanguard Morningstar Large-Cap ETF $11,900,138 0.34% 34,602 $1,751,771 Up ×1
SCHE SCHWAB STRATEGIC TRUST $11,710,267 0.33% 322,953
AVGE AMERICAN CENTURY ETF TRUST $11,565,733 0.33% 116,708 $2,020,190 Up ×6
SLYG SPDR SERIES TRUST $11,318,549 0.32% 95,010 $2,212,680 Up ×1
IEFA iShares Core MSCI EAFE ETF $11,284,250 0.32% 116,838 $9,458,506 Up ×1
ITOT iShares Trust $10,959,177 0.31% 66,714 $2,747,823 Up ×3
IBTI iShares iBonds Dec 2028 Term Treasury ETF $10,805,950 0.31% 488,074 $5,681,876 Up ×1
VBR Vanguard Morningstar Small-Cap Value ETF $10,772,808 0.31% 44,334 $5,048,790 Up ×1
DGS WisdomTree Trust $10,672,964 0.30% 164,935 $1,394,031 Up ×1
VB Vanguard Morningstar Small-Cap ETF $10,181,190 0.29% 33,588 $2,747,656 Up ×1
DFAW Dimensional ETF Trust $9,683,534 0.27% 116,965 $4,345,077 Up ×3
VIG Vanguard Div Appreciation ETF $9,462,422 0.27% 39,990 $-8,706,215 Down ×2
IBTG iShares iBonds Dec 2026 Term Treasury ETF $9,125,483 0.26% 398,667 $-3,020,270 Down ×1
HD Home Depot, Inc. (The) Common Stock $8,956,864 0.25% 25,397 $2,575,175 Up ×1
SCHX SCHWAB STRATEGIC TRUST $8,921,568 0.25% 303,145 $8,395,332 Up ×4
GOOGL Alphabet Inc. - Class A Common Stock $8,903,721 0.25% 24,915 $3,314,483 Up ×1
YMAR First Trust Exchange-Traded Fund VIII $8,851,592 0.25% 308,886 $684,417 Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $8,831,235 0.25% 17,649 $1,424,024 Up ×1
JAAA Janus Henderson AAA CLO ETF $8,663,334 0.25% 171,585 $-741,981 Down ×2
DES WisdomTree Trust $8,634,924 0.25% 212,265 $952,080 Down ×4
SPDW State Street SPDR Portfolio Developed World ex-US ETF $8,603,579 0.24% 170,740 $1,851,593 Up ×1
FNDX SCHWAB STRATEGIC TRUST $8,511,253 0.24% 273,674 $7,896,624 Up ×3
FEX First Trust Large Cap Core AlphaDEX Fund $8,441,648 0.24% 60,352 $-7,049,513 Down ×2
VYM Vanguard High Dividend Yield ETF $8,434,746 0.24% 53,374 $2,729,867 Up ×1
DCOR Dimensional ETF Trust $8,423,592 0.24% 102,752 $2,894,005 Up ×6
IWD iShares Russell 1000 Value ETF $8,121,051 0.23% 33,499 $7,572,719 Up ×1
VGLT Vanguard Long-Term Treasury ETF $8,112,776 0.23% 147,024 Up ×1
MMAX iShares Trust $7,795,994 0.22% 288,154 $-127,576 Down ×1
DFLV Dimensional ETF Trust $7,792,933 0.22% 197,090 $2,304,344 Up ×6
CIBR First Trust NASDAQ Cybersecurity ETF $7,756,744 0.22% 86,330 $5,011,700 Up ×2
DFSV Dimensional ETF Trust $7,138,866 0.20% 184,039 $2,679,806 Up ×4
EWX State Street SPDR S&P Emerging Markets Small Cap ETF $7,082,850 0.20% 95,321 $1,540,479 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $6,346,369 0.18% 17,962 $2,957,590 Up ×1
SCHO SCHWAB STRATEGIC TRUST $6,180,875 0.18% 256,043 Up ×1
DISV Dimensional ETF Trust $6,171,909 0.18% 153,798 $1,627,712 Up ×6
KO Coca-Cola Company (The) Common Stock $6,129,409 0.17% 75,420 $605,625 Up ×1
IBHF iShares iBonds 2026 Term High Yield and Income ETF $6,079,708 0.17% 268,420 $-3,074,232 Down ×1
ACWX iShares MSCI ACWI ex U.S. ETF $6,050,025 0.17% 79,491 $3,768,605 Up ×1
AFL AFLAC Incorporated Common Stock $6,043,298 0.17% 51,542 $1,776,787 Up ×1
DGRO iShares Trust $6,012,600 0.17% 79,332 $5,747,068 Up ×1
ACYN FT Vest Laddered Autocallable Barrier & Income ETF $5,997,794 0.17% 288,494 $2,417,864 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
SPSB $52,307,357 1.48% up ×6
SPYG $31,115,642 0.88% up ×6
VUG $27,111,211 0.77% up ×6
ULST $26,886,737 0.76% up ×6
STIP $18,254,519 0.52% up ×6
PHYS $15,538,083 0.44% up ×4
IAGG $12,525,972 0.36% up ×6
AVGE $11,565,733 0.33% up ×6
ITOT $10,959,177 0.31% up ×3
DFAW $9,683,534 0.27% up ×3
SCHX $8,921,568 0.25% up ×4
FNDX $8,511,253 0.24% up ×3
DCOR $8,423,592 0.24% up ×6
DFLV $7,792,933 0.22% up ×6
DFSV $7,138,866 0.20% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
VTEB $35,641,748 704,661 1.01%
BND $35,234,928 479,975 1.00%
FNDF $24,184,701 458,391 0.69%
BNDX $13,308,900 274,807 0.38%
SCHE $11,710,267 322,953 0.33%
VGLT $8,112,776 147,024 0.23%
SCHO $6,180,875 256,043 0.18%
GNR $4,886,643 72,599 0.14%
XLU $3,965,309 87,457 0.11%
PWRD $3,803,887 30,936 0.11%
PAVE $3,793,152 64,378 0.11%
SCHZ $3,523,959 152,354 0.10%
SCHP $3,151,923 118,940 0.09%
FNDE $2,638,439 66,493 0.07%
BALT $2,506,645 73,144 0.07%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VOO Bought more +163K +$122.0M
SPY Bought more +12K +$56.5M
VTI Bought more +46K +$33.5M
USFR Bought more +422K +$21.3M
VTV Bought more +52K +$21.3M
IVV Bought more +21K +$18.5M
VWO Bought more +258K +$17.2M
SUB Bought more +144K +$15.3M
VCIT Bought more +175K +$14.4M
QUS Bought more +67K +$14.1M

6 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
VTEB March 31, 2026 636,346 $32,001,840
BND March 31, 2026 393,709 $29,162,055
BNDX March 31, 2026 253,616 $12,254,722
VRRM March 31, 2026 219,821 $4,926,189 -79.9%
ARKB June 30, 2026 143,874 $3,235,724 46.0%
SSB (filed as SSBXXXX) Sept. 30, 2025 31,953 $2,940,635 2.3%
SW Sept. 30, 2025 62,579 $2,700,284 -0.4%
HON June 30, 2026 6,737 $1,522,758 -4.4%
SMAX June 30, 2026 56,701 $1,520,838
ACN Sept. 30, 2025 4,435 $1,325,577 -20.9%
AJAN March 31, 2026 46,479 $1,294,426
ACN March 31, 2026 4,490 $1,204,667 -1.6%
SNV March 31, 2026 23,429 $1,172,621 No longer tracked
IVVM June 30, 2026 31,105 $1,061,006
IVVB June 30, 2026 32,562 $1,043,299
ETHA June 30, 2026 56,496 $894,338
UL (filed as ULXXXX) Dec. 31, 2025 13,290 $787,831 -8.3%
RBRK March 31, 2026 10,007 $765,335 150.5%
NUE March 31, 2026 4,624 $754,149 48.7%
PROBF March 31, 2026 218,000 $581,406 No longer tracked
ACII March 31, 2026 21,881 $560,679
BABA June 30, 2026 4,259 $534,381 15.4%
MDT June 30, 2026 5,841 $506,123 12.5%
SCHE March 31, 2026 14,943 $489,383
KLAC March 31, 2026 335 $407,052 -86.0%
KBDC Dec. 31, 2025 30,424 $405,248 -11.3%
ETN Sept. 30, 2025 1,121 $400,070 15.6%
RY Sept. 30, 2025 2,921 $384,258 32.1%
COIN June 30, 2026 2,125 $371,062 28.8%
FXU June 30, 2026 7,464 $370,156
INTU March 31, 2026 552 $365,656 -34.2%
APP Dec. 31, 2025 493 $354,240 -58.2%
IAK June 30, 2026 2,745 $352,191
BNDX June 30, 2025 7,105 $346,866
SPGI March 31, 2026 649 $339,161 -8.1%
PPA Sept. 30, 2025 2,391 $338,731
SPGP March 31, 2026 2,965 $337,639
XLF Dec. 31, 2025 6,240 $336,168 -1.6%
BSX June 30, 2026 5,228 $328,057 -0.7%
BKH June 30, 2026 4,600 $319,265 -5.3%
XLB June 30, 2026 6,250 $312,328 No longer tracked
FBTC June 30, 2026 4,970 $293,376
FSSL June 30, 2026 23,283 $291,268 4.6%
AVNM March 31, 2026 3,942 $289,816
MPWR Dec. 31, 2025 309 $284,478 63.3%
ARCC March 31, 2026 14,012 $283,457 4.4%
BGLD June 30, 2026 16,139 $276,628
TOTL June 30, 2026 6,915 $274,733
CQP March 31, 2026 5,000 $267,400 -2.1%
ISTB June 30, 2025 5,506 $266,224
DKNG March 31, 2026 7,707 $265,583 -9.3%
MO June 30, 2025 4,392 $263,602 15.8%
MSI March 31, 2026 686 $262,958 4.9%
IYR June 30, 2025 2,689 $257,470 -0.4%
CARR Dec. 31, 2025 4,310 $257,330 5.5%
PSX March 31, 2026 1,932 $249,252 48.1%
COR March 31, 2026 728 $245,882 0.3%
VYMI Sept. 30, 2025 3,043 $243,751
FISV June 30, 2025 1,086 $239,821 -73.2%
NVO Dec. 31, 2025 4,288 $237,941 -26.2%
BKNG March 31, 2026 44 $235,635 -6.0%
OKE June 30, 2025 2,372 $235,350 8.5%
LHX June 30, 2025 1,100 $230,241 -5.6%
IGV March 31, 2026 2,157 $227,973 37.1%
DGRO June 30, 2025 3,665 $226,421
TCEHY March 31, 2026 2,951 $225,899 No longer tracked
VAW March 31, 2026 1,077 $223,531
PK Dec. 31, 2025 19,780 $219,165 45.9%
LOW June 30, 2025 935 $218,072 -19.1%
SLV June 30, 2026 3,178 $216,582 3.1%
OXY Dec. 31, 2025 4,583 $216,547 41.8%
APH March 31, 2026 1,600 $216,224 -30.9%
COF March 31, 2026 872 $211,356 7.0%
PSX June 30, 2025 1,707 $210,817 126.1%
CI June 30, 2025 639 $210,332 -17.9%
VUSB June 30, 2025 4,211 $209,948
XLP Sept. 30, 2025 2,570 $208,099 No longer tracked
BUFD March 31, 2026 7,351 $207,592
MAIN Sept. 30, 2025 3,500 $206,850 -13.5%
ICE Dec. 31, 2025 1,226 $206,556 -6.1%
URI March 31, 2026 254 $205,567 47.5%
TEL March 31, 2026 903 $205,442 4.7%
EFC March 31, 2026 15,000 $203,700 -3.0%
FHLC March 31, 2026 2,733 $202,992
PFE June 30, 2025 7,995 $202,597 13.1%
OXY June 30, 2025 4,090 $201,882 38.8%
SBUX March 31, 2026 2,381 $200,504 5.4%
F March 31, 2026 11,631 $152,602 5.3%
SAN March 31, 2026 11,943 $140,091 23.2%
AI March 31, 2026 10,312 $139,006 31.7%
CLM June 30, 2025 16,000 $118,880 No longer tracked
CRF June 30, 2025 16,000 $114,880 No longer tracked
PALAF March 31, 2026 17,745 $113,594 No longer tracked
TGB June 30, 2026 15,643 $100,897 No longer tracked
PALAF Sept. 30, 2025 17,745 $94,243 No longer tracked
WIT March 31, 2026 29,623 $84,129 -20.3%
MFG Dec. 31, 2025 10,215 $68,441 50.7%
LWLG Dec. 31, 2025 15,692 $58,217 71.3%
TGB Sept. 30, 2025 15,643 $49,275 No longer tracked
CDLX June 30, 2026 18,205 $19,115 -38.5%
EUGS March 31, 2026 200,000 $0 No longer tracked
FCPG March 31, 2026 25,000 $0 No longer tracked
FLOOF Sept. 30, 2025 10,350 $0 No longer tracked
FLOOF March 31, 2026 10,350 $0 No longer tracked
IBZT March 31, 2026 25,000 $0 No longer tracked
PTTN March 31, 2026 10,000 $0 No longer tracked
QFORQ March 31, 2026 45,000 $0 No longer tracked