Sector breakdown

04
Financials 31.6%
Technology 11.4%
Retail 4.9%
Communication Services 4.2%
Healthcare 4.0%
Industrials 3.9%
Energy 3.4%
Utilities 2.8%
Consumer Staples 2.0%
Consumer Discretionary 0.5%
Real Estate 0.4%
Consumer products 0.3%
Other/Unmapped 30.6%

Full portfolio 135 positions

05
Type Streak 8Q trend
AXP American Express Company Common Stock $21,008,485 10.80% 62,109 $2,036,280 Down ×1
BRK-A (filed as BRKA) Berkshire Hathaway Inc. Class A $14,977,000 7.70% 20 $614,200
VOO Vanguard S&P 500 ETF $14,583,355 7.50% 21,233 $4,294,831 Up ×6
AAPL Apple Inc. - Common Stock $7,401,306 3.81% 25,578 $889,363 Down ×3
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $5,807,054 2.99% 11,605 $268,143 Up ×1
VEA Vanguard FTSE Developed Markets ETF $5,369,542 2.76% 75,362 $1,717,942 Up ×4
HD Home Depot, Inc. (The) Common Stock $4,944,601 2.54% 14,020 $355,801 Up ×6
IJR iShares Trust $4,860,401 2.50% 32,772 $1,823,820 Up ×6
IQMM ProShares Trust $4,725,973 2.43% 47,231 Up ×1
AMP Ameriprise Financial, Inc. Common Stock $4,655,240 2.39% 10,147 $144,136 Down ×1
GD General Dynamics Corporation Common Stock $4,339,915 2.23% 12,251 $135,089
GS Goldman Sachs Group, Inc. (The) Common Stock $4,027,897 2.07% 3,983 $658,709
JNJ Johnson & Johnson Common Stock $3,710,619 1.91% 14,610 $180,591 Up ×1
MSFT Microsoft Corporation - Common Stock $3,683,750 1.89% 9,875 $-139,273 Down ×1
BAC Bank of America Corporation Common Stock $3,191,328 1.64% 56,008 $489,427 Up ×6
SPEM State Street SPDR Portfolio Emerging Markets ETF $3,138,898 1.61% 60,620 $1,070,753 Up ×6
AMZN Amazon.com, Inc. - Common Stock $2,922,399 1.50% 12,261 $10,875 Down ×3
SHY iShares 1-3 Year Treasury Bond ETF $2,912,696 1.50% 35,473 $223,453 Up ×6
PSX Phillips 66 Common Stock $2,726,054 1.40% 16,126 $-213,192 Down ×2
GOOG Alphabet Inc. - Class C Capital Stock $2,667,956 1.37% 7,551 $284,567 Down ×4
ITOT iShares Trust $2,368,199 1.22% 14,417 $243,719 Down ×6
NVDA NVIDIA Corporation - Common Stock $2,183,219 1.12% 10,911 $331,069 Up ×1
PM Philip Morris International Inc Common Stock $2,100,506 1.08% 11,611 $156,451 Down ×1
SCHP SCHWAB STRATEGIC TRUST $1,930,444 0.99% 72,847 $170,831 Up ×1
SPTL State Street SPDR Portfolio Long Term Treasury ETF $1,928,839 0.99% 73,536 $163,362 Up ×6
AMD Advanced Micro Devices, Inc. - Common Stock $1,839,317 0.95% 3,166 $1,241,842 Up ×3
MUB iShares Trust $1,673,642 0.86% 15,551 $176,220 Up ×1
SCZ iShares MSCI EAFE Small-Cap ETF $1,583,122 0.81% 19,243 $522,278 Up ×6
LQD iShares Trust $1,434,751 0.74% 13,154 $116,822 Up ×6
Unknown issuer (CUSIP: 77926X320) $1,432,088 0.74% 19,392 Up ×1
QQQM Invesco NASDAQ 100 ETF $1,400,265 0.72% 4,622 $320,359 Up ×2
BNDX Vanguard Total International Bond ETF $1,269,801 0.65% 26,219 $215,584 Up ×1
APP Applovin Corporation - Class A Common Stock $1,199,953 0.62% 2,329 $152,886 Down ×1
HYG iShares Trust $1,186,355 0.61% 14,835 $105,885 Up ×1
T AT&T Inc. $1,160,002 0.60% 56,039 $-423,016 Up ×1
SHOC EA Series Trust $1,159,205 0.60% 9,502 $348,928 Down ×1
NEE NextEra Energy, Inc. Common Stock $1,150,485 0.59% 13,108 $-41,121 Up ×5
WEC WEC Energy Group, Inc. Common Stock $1,133,176 0.58% 9,704 $19,362 Up ×6
CCJ Cameco Corporation Common Stock $1,093,686 0.56% 10,737 $-75,755 Down ×1
GOOGL Alphabet Inc. - Class A Common Stock $1,068,780 0.55% 2,991 $190,498 Down ×1
CVX Chevron Corporation Common Stock $1,058,871 0.54% 6,388 $-256,462 Up ×1
MBB iShares MBS ETF $1,034,492 0.53% 10,945 $86,507 Up ×1
META Meta Platforms, Inc. - Class A Common Stock $1,014,493 0.52% 1,801 $42,062 Up ×2
BOXX EA Series Trust $1,000,598 0.51% 8,546 Up ×1
ABBV AbbVie Inc. Common Stock $992,594 0.51% 3,945 $157,618 Up ×2
VZ Verizon Communications Inc. Common Stock $960,072 0.49% 22,675 $-165,853 Up ×1
PGR Progressive Corporation (The) Common Stock $916,082 0.47% 4,194 $98,825 Up ×4
XOM Exxon Mobil Corporation Common Stock $915,982 0.47% 6,700 $-471,885 Down ×1
JPM JP Morgan Chase & Co. Common Stock $872,135 0.45% 2,664 $114,011 Up ×6
C Citigroup, Inc. Common Stock $870,758 0.45% 6,221 $188,068 Up ×6
MO Altria Group, Inc. $800,695 0.41% 11,128 $-35,011 Down ×1
AEP American Electric Power Company, Inc. - Common Stock $744,549 0.38% 5,442 $4,726 Down ×1
SPY SPY $718,361 0.37% 962 $15,077 Down ×1
WMT Walmart Inc. - Common Stock $681,646 0.35% 6,018 $-87,401 Down ×3
KO Coca-Cola Company (The) Common Stock $659,441 0.34% 8,114 $49,441 Up ×4
V Visa Inc. $643,185 0.33% 1,875 $-244,073 Down ×3
BKR Baker Hughes Company - Common Stock $631,560 0.32% 11,379 $-63,156
CI The Cigna Group Common Stock $629,013 0.32% 2,282 $-11,362 Down ×1
MA Mastercard Incorporated Common Stock $616,085 0.32% 1,200 $-227,879 Down ×2
NFLX Netflix, Inc. - Common Stock $604,402 0.31% 8,465 $-190,643 Up ×1
ORCL Oracle Corporation Common Stock $598,642 0.31% 4,085 $-246,416 Down ×1
AIG American International Group, Inc. New Common Stock $589,835 0.30% 7,914 $1,898 Up ×2
PG Procter & Gamble Company (The) Common Stock $549,822 0.28% 3,749 $44,511 Up ×4
SOUN SoundHound AI, Inc. - Class A Common Stock $544,105 0.28% 84,097 $-211,863 Down ×1
GLW Corning Incorporated Common Stock $527,220 0.27% 2,064 $246,051 Down ×2
ALL Allstate Corporation (The) Common Stock $523,431 0.27% 2,200 $56,475 Down ×1
IBM International Business Machines Corporation Common Stock $514,382 0.26% 1,829 $51,817 Down ×2
DY Dycom Industries, Inc. Common Stock $505,590 0.26% 1,000 $166,770
KLAC KLA Corporation - Common Stock $497,901 0.26% 1,650 $243,042 Up ×1
CINF Cincinnati Financial Corporation - Common Stock $488,307 0.25% 2,638 $85,780 Up ×2
VTEB Vanguard Tax-Exempt Bond ETF $479,740 0.25% 9,485 $72,273 Up ×2
CME CME Group Inc. - Class A Common Stock $477,755 0.25% 2,163 $-87,264 Up ×2
BLK BlackRock, Inc. Common Stock $470,490 0.24% 489 $-1,534 Down ×1
DDOG Datadog, Inc. - Class A Common Stock $466,263 0.24% 1,791 $195,314 Down ×1
SPG Simon Property Group, Inc. Common Stock $457,818 0.24% 2,047 $75,993
UNP Union Pacific Corporation Common Stock $455,435 0.23% 1,674 $50,212 Up ×6
SNOW Snowflake Inc. Common Stock $441,637 0.23% 1,735 $146,457 Down ×1
NSC Norfolk Southern Corporation Common Stock $441,530 0.23% 1,404 $36,335 Down ×5
MRK Merck & Company, Inc. Common Stock (new) $436,133 0.22% 3,394 $56,406 Up ×2
MCD McDonald's Corporation Common Stock $433,480 0.22% 1,604 $-38,603 Up ×6
AWK American Water Works Company, Inc. Common Stock $421,831 0.22% 3,206 $12,968 Up ×1
CRDO Credo Technology Group Holding Ltd - Ordinary Shares $415,956 0.21% 1,530 Up ×1
DUK Duke Energy Corporation (Holding Company) Common Stock $412,643 0.21% 3,260 $-5,375 Up ×1
AXSM Axsome Therapeutics, Inc. - Common Stock $410,023 0.21% 1,675 $-157,916 Down ×1
Unknown issuer (CUSIP: 84615Q103) $406,476 0.21% 2,379 Up ×1
DELL Dell Technologies Inc. Class C Common Stock $403,443 0.21% 935 Up ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $399,615 0.21% 961 $112,343 Down ×3
EXC Exelon Corporation - Common Stock $398,849 0.21% 8,555 $-8,585 Up ×2
TMO Thermo Fisher Scientific Inc Common Stock $393,626 0.20% 785 $-178,733 Down ×4
XEL Xcel Energy Inc. - Common Stock $379,594 0.20% 4,727 $4,332 Up ×2
CSCO Cisco Systems, Inc. - Common Stock $379,534 0.20% 3,231 $117,855 Down ×1
AGG iShares Trust $379,371 0.20% 3,833 $-37,275 Down ×6
TQQQ ProShares UltraPro QQQ $371,029 0.19% 4,581
PEP PepsiCo, Inc. - Common Stock $366,897 0.19% 2,710 $-46,223 Up ×1
TSLA Tesla, Inc. - Common Stock $366,218 0.19% 871 $35,046 Down ×1
ABT Abbott Laboratories Common Stock $355,408 0.18% 3,917 $-300,800 Down ×2
SHOP Shopify Inc. - Class A Subordinate Voting Shares $348,893 0.18% 3,056 $-333,073 Down ×3
TD Toronto Dominion Bank (The) Common Stock $343,751 0.18% 2,831 $79,604
KR Kroger Company (The) Common Stock $341,711 0.18% 6,154 $-68,687 Up ×2
LOW Lowe's Companies, Inc. Common Stock $341,669 0.18% 1,550 $-19,647 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
VOO $14,583,355 7.50% up ×6
VEA $5,369,542 2.76% up ×4
HD $4,944,601 2.54% up ×6
IJR $4,860,401 2.50% up ×6
BAC $3,191,328 1.64% up ×6
SPEM $3,138,898 1.61% up ×6
SHY $2,912,696 1.50% up ×6
SPTL $1,928,839 0.99% up ×6
AMD $1,839,317 0.95% up ×3
SCZ $1,583,122 0.81% up ×6
LQD $1,434,751 0.74% up ×6
NEE $1,150,485 0.59% up ×5
WEC $1,133,176 0.58% up ×6
PGR $916,082 0.47% up ×4
JPM $872,135 0.45% up ×6

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
IQMM $4,725,973 47,231 2.43%
Unknown issuer (CUSIP: 77926X320) $1,432,088 19,392 0.74%
BOXX $1,000,598 8,546 0.51%
CRDO $415,956 1,530 0.21%
Unknown issuer (CUSIP: 84615Q103) $406,476 2,379 0.21%
DELL $403,443 935 0.21%
TQQQ $371,029 4,581 0.19%
TSM $331,463 694 0.17%
Unknown issuer (CUSIP: 438516205) $320,746 1,433 0.16%
Unknown issuer (CUSIP: 43849R105) $316,706 1,433 0.16%
INTC $282,588 2,024 0.15%
Unknown issuer (CUSIP: K08588103) $264,804 993 0.14%
DFNM $248,085 5,133 0.13%
PFE $229,452 9,529 0.12%
DFCF $229,248 5,431 0.12%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VOO Bought more +4K +$4.3M
AXP Trimmed -613 +$2.0M
IJR Bought more +8K +$1.8M
VEA Bought more +18K +$1.7M
AMD Bought more +229 +$1.2M
SPEM Bought more +17K +$1.1M
AAPL Trimmed -81 +$889K
GS Price move only +0 +$659K
BRK-A (filed as BRKA) Price move only +0 +$614K
SCZ Bought more +6K +$522K

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
HON June 30, 2026 2,864 $647,308 -4.4%
QQQ June 30, 2026 917 $529,040 1.1%
PAYC March 31, 2026 3,277 $522,223 85.8%
QCOM June 30, 2025 3,080 $473,096 13.5%
LLY March 31, 2026 439 $471,889 24.3%
SAP June 30, 2026 2,593 $443,905 34.8%
DUK June 30, 2025 3,478 $424,192 -3.5%
CSGP March 31, 2026 5,988 $402,656 -31.4%
SO Dec. 31, 2025 3,703 $350,955 -3.9%
SNPS June 30, 2025 818 $350,638 -4.7%
RTX June 30, 2026 1,725 $332,727 -2.8%
WDAY June 30, 2026 2,465 $320,284 54.4%
TRGP Dec. 31, 2025 1,800 $301,620 55.8%
ICLR Sept. 30, 2025 2,063 $300,096 -3.8%
ZTS June 30, 2026 2,506 $296,195 -0.6%
STIP June 30, 2025 2,716 $281,072
NVO June 30, 2026 7,471 $274,572 -21.7%
EXAS March 31, 2026 2,661 $270,215 No longer tracked
DASH Dec. 31, 2025 973 $264,556 -15.3%
COP June 30, 2026 1,992 $262,954 23.5%
CRM June 30, 2026 1,339 $249,870 46.7%
SPHY June 30, 2025 10,611 $248,498
ELV March 31, 2026 707 $247,668 34.8%
ASND June 30, 2026 1,059 $242,261 -14.5%
DDOG Dec. 31, 2025 1,695 $241,380 103.3%
TQQQ March 31, 2026 4,562 $240,500
ORLY June 30, 2026 2,572 $237,464 -8.9%
NOW June 30, 2026 2,265 $236,830 37.1%
LPLA March 31, 2026 654 $233,757 10.4%
GDDY Dec. 31, 2025 1,703 $233,081 -19.6%
KKR Dec. 31, 2025 1,727 $224,447 -29.4%
SHEL Dec. 31, 2025 3,115 $222,821 31.4%
TJX June 30, 2026 1,394 $222,636 -11.3%
BMY June 30, 2025 3,637 $221,816 27.0%
MELI March 31, 2026 110 $220,829 7.6%
ABNB June 30, 2026 1,728 $218,176 14.7%
ACN June 30, 2026 1,094 $216,842 56.7%
EPD June 30, 2025 6,351 $216,837 18.7%
SPOT Dec. 31, 2025 310 $216,303 -16.8%
URNM June 30, 2026 3,389 $214,029 -8.9%
TDG Sept. 30, 2025 139 $210,711 -17.1%
FISV Sept. 30, 2025 1,204 $207,611 -64.2%
SN June 30, 2026 1,955 $207,081 20.0%
WTW June 30, 2026 707 $205,390 10.2%
FOUR Dec. 31, 2025 2,649 $205,033 -40.4%
OKE Sept. 30, 2025 2,489 $203,148 21.4%
AFRM Dec. 31, 2025 2,774 $202,711 0.4%
POST Sept. 30, 2025 1,848 $201,510 -32.4%
WELL June 30, 2025 1,312 $201,044 45.8%
APG June 30, 2026 4,960 $200,972 -4.0%
SG Dec. 31, 2025 10,767 $85,917 34.5%
CLVT June 30, 2026 18,635 $47,145 -32.9%
LESL Sept. 30, 2025 26,497 $11,126 -98.1%