Sector breakdown

04
Technology 7.7%
Retail 2.8%
Industrials 2.8%
Financials 1.8%
Communication Services 1.7%
Healthcare 1.4%
Consumer Discretionary 0.8%
Consumer Staples 0.5%
Energy 0.3%
Utilities 0.2%
Materials 0.1%
Other/Unmapped 79.9%

Full portfolio 92 positions

05
Type Streak 8Q trend
SPYM State Street SPDR Portfolio S&P 500 ETF $45,327,001 21.17% 515,783 $7,459,823 Up ×6
USTB VictoryShares Short-Term Bond ETF $29,298,802 13.69% 578,799 $976,484 Up ×6
FTRB Federated Hermes Total Return Bond ETF $29,206,215 13.64% 1,163,826 $1,157,569 Up ×6
AVDE AMERICAN CENTURY ETF TRUST $17,772,869 8.30% 199,247 $1,447,445 Up ×6
AVEM AMERICAN CENTURY ETF TRUST $8,368,399 3.91% 86,728 $1,430,969 Up ×1
JPIB JPMorgan International Bond Opportunities ETF $8,008,072 3.74% 165,627 $704,471 Up ×6
FMDE Fidelity Covington Trust $7,646,895 3.57% 188,440 $1,158,920 Up ×4
DFIS Dimensional ETF Trust $4,957,621 2.32% 141,525 $390,959 Up ×1
JGRO JPMorgan Active Growth ETF $4,590,843 2.14% 46,565 $788,626 Up ×2
SPTL State Street SPDR Portfolio Long Term Treasury ETF $4,543,167 2.12% 173,205 $210,163 Up ×6
NVDA NVIDIA Corporation - Common Stock $3,968,704 1.85% 19,835 $1,287,108 Up ×3
AVUV AMERICAN CENTURY ETF TRUST $3,956,586 1.85% 31,714 $535,872 Up ×4
NBSM Neuberger Berman ETF Trust $3,729,372 1.74% 129,898 $668,362 Up ×4
AAPL Apple Inc. - Common Stock $2,828,749 1.32% 9,776 $727,616 Up ×1
MSFT Microsoft Corporation - Common Stock $2,307,525 1.08% 6,186 $199,116 Up ×2
AMZN Amazon.com, Inc. - Common Stock $2,158,884 1.01% 9,058 $309,863 Up ×2
RTX RTX Corporation Common Stock $1,980,591 0.93% 10,439 $-33,092
COST Costco Wholesale Corporation - Common Stock $1,887,092 0.88% 2,017 $-119,942 Up ×2
TSLA Tesla, Inc. - Common Stock $1,328,255 0.62% 3,158 $377,690 Up ×1
INTC Intel Corporation - Common Stock $1,228,185 0.57% 8,796 $841,386 Up ×1
AVGO Broadcom Inc. - Common Stock $1,211,489 0.57% 3,207 $156,106 Down ×1
GOOGL Alphabet Inc. - Class A Common Stock $1,177,187 0.55% 3,294 $368,306 Up ×1
PANW Palo Alto Networks, Inc. - Common Stock $1,015,899 0.47% 2,979 $445,320 Down ×1
MRSH Marsh Common Stock $994,353 0.46% 5,966 $108,544 Up ×1
IBM International Business Machines Corporation Common Stock $851,896 0.40% 3,029 $118,909 Up ×2
CSCO Cisco Systems, Inc. - Common Stock $792,218 0.37% 6,745 $207,723 Down ×1
JPM JP Morgan Chase & Co. Common Stock $754,876 0.35% 2,306 $84,280 Up ×2
JNJ Johnson & Johnson Common Stock $638,753 0.30% 2,515 $48,727 Up ×1
GS Goldman Sachs Group, Inc. (The) Common Stock $608,421 0.28% 602 $91,147 Down ×1
SPY SPY $603,026 0.28% 808 $78,936 Up ×1
QGRO AMERICAN CENTURY ETF TRUST $575,612 0.27% 4,876 $184,060 Up ×3
MCHP Microchip Technology Incorporated - Common Stock $565,537 0.26% 6,201 $99,155 Down ×2
META Meta Platforms, Inc. - Class A Common Stock $557,291 0.26% 989 $25,064 Up ×5
LLY Eli Lilly and Company Common Stock $516,954 0.24% 431 $138,009 Up ×2
APH Amphenol Corporation Common Stock $495,496 0.23% 2,810 $141,485 Up ×1
WMT Walmart Inc. - Common Stock $490,371 0.23% 4,330 $-45,853 Up ×1
BKNG Booking Holdings Inc. - Common Stock $430,984 0.20% 2,418 $84,778 Up ×2
V Visa Inc. $404,532 0.19% 1,179 $63,025 Up ×2
ETN Eaton Corporation, PLC Ordinary Shares $393,735 0.18% 924 $72,547 Up ×4
WM Waste Management, Inc. Common Stock $392,560 0.18% 1,761 $16,215 Up ×4
UBER Uber Technologies, Inc. Common Stock $391,324 0.18% 5,423 $-982 Down ×1
IVV iShares Trust $387,925 0.18% 518 $49,562
CVX Chevron Corporation Common Stock $387,241 0.18% 2,336 $-118,516 Down ×1
DE Deere & Company Common Stock $384,404 0.18% 606 $43,044
IAU iShares Gold Trust Shares $381,628 0.18% 5,054 $-63,933
TMO Thermo Fisher Scientific Inc Common Stock $376,649 0.18% 751 $36,410 Up ×2
TJX TJX Companies, Inc. (The) Common Stock $374,422 0.17% 2,471 $-12,832 Up ×2
SCHW Charles Schwab Corporation (The) Common Stock $371,387 0.17% 4,025 $8,624 Up ×4
DELL Dell Technologies Inc. Class C Common Stock $360,701 0.17% 836 Up ×1
GLD SPDR Gold Shares $360,276 0.17% 978 $-34,730 Up ×1
UNP Union Pacific Corporation Common Stock $358,991 0.17% 1,320 $53,929 Up ×1
PEP PepsiCo, Inc. - Common Stock $357,839 0.17% 2,643 $-31,913 Up ×3
MDLZ Mondelez International, Inc. - Class A Common Stock $355,337 0.17% 6,143 $2,643 Up ×4
ACN Accenture plc Class A Ordinary Shares (Ireland) $351,805 0.16% 2,827 $-136,802 Up ×5
LOW Lowe's Companies, Inc. Common Stock $351,461 0.16% 1,594 $-10,993 Up ×5
SCHB SCHWAB STRATEGIC TRUST $350,040 0.16% 12,087 $83,152 Up ×1
NOW ServiceNow, Inc. Common Stock $345,494 0.16% 3,480 $10,411 Up ×1
AON Aon plc Class A Ordinary Shares (Ireland) $345,289 0.16% 1,041 $17,990 Up ×5
MSI Motorola Solutions, Inc. Common Stock $336,385 0.16% 810 $16,549 Up ×1
MCK McKesson Corporation Common Stock $327,930 0.15% 434 $-15,618 Up ×1
HD Home Depot, Inc. (The) Common Stock $327,287 0.15% 928 $52,335 Up ×3
ULTA Ulta Beauty, Inc. - Common Stock $322,902 0.15% 716 $25,480 Up ×1
NEE NextEra Energy, Inc. Common Stock $322,353 0.15% 3,673 $-1,037 Up ×1
VLO Valero Energy Corporation Common Stock $309,816 0.14% 1,190 $17,333 Up ×1
TMUS T-Mobile US, Inc. - Common Stock $302,012 0.14% 1,801 $-42,828 Up ×5
MDY State Street SPDR S&P MIDCAP 400 ETF Trust $300,326 0.14% 427 $36,969
NXPI NXP Semiconductors N.V. - Common Stock $298,173 0.14% 1,061 $76,705 Down ×1
NFLX Netflix, Inc. - Common Stock $295,596 0.14% 4,140 $-81,120 Up ×2
CRM Salesforce, Inc. Common Stock $295,473 0.14% 1,886 $-82,856 Down ×1
BSX Boston Scientific Corporation Common Stock $293,681 0.14% 6,881 Up ×1
GLW Corning Incorporated Common Stock $293,234 0.14% 1,148 Up ×1
KO Coca-Cola Company (The) Common Stock $291,697 0.14% 3,589 $16,121 Down ×1
AXP American Express Company Common Stock $285,821 0.13% 845 $30,225
LIN Linde plc - Ordinary Shares $282,822 0.13% 545 $18,582 Up ×1
TXN Texas Instruments Incorporated - Common Stock $279,292 0.13% 937 $47,683 Down ×2
EMR Emerson Electric Company Common Stock $260,819 0.12% 1,822 $26,817 Up ×3
MODL VictoryShares WestEnd U.S. Sector ETF $259,488 0.12% 5,091 $31,971
SLV iShares Silver Trust $256,549 0.12% 4,798 $-70,387
LMT Lockheed Martin Corporation Common Stock $249,258 0.12% 489 $-25,292 Up ×1
QCOM QUALCOMM Incorporated - Common Stock $248,912 0.12% 1,347
GE GE Aerospace Common Stock $246,288 0.12% 659 Up ×1
ABBV AbbVie Inc. Common Stock $244,342 0.11% 971 Up ×1
VZ Verizon Communications Inc. Common Stock $239,010 0.11% 5,645 $-67,513 Down ×1
ORCL Oracle Corporation Common Stock $232,428 0.11% 1,586 $-888
MRK Merck & Company, Inc. Common Stock (new) $219,221 0.10% 1,706 $15,209 Up ×1
SYK Stryker Corporation Common Stock $209,998 0.10% 667 $-60,103 Down ×1
BA Boeing Company (The) Common Stock $209,759 0.10% 969
FBIN Fortune Brands Innovations, Inc. Common Stock $208,949 0.10% 3,806
UNH UnitedHealth Group Incorporated Common Stock (DE) $207,815 0.10% 500
NOC Northrop Grumman Corporation Common Stock $206,780 0.10% 406 $-5,397 Up ×1
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF $202,722 0.09% 3,515
MMT MFS Multimarket Income Trust Common Stock $65,560 0.03% 14,900 $-3,278

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
SPYM $45,327,001 21.17% up ×6
USTB $29,298,802 13.69% up ×6
FTRB $29,206,215 13.64% up ×6
AVDE $17,772,869 8.30% up ×6
JPIB $8,008,072 3.74% up ×6
FMDE $7,646,895 3.57% up ×4
SPTL $4,543,167 2.12% up ×6
NVDA $3,968,704 1.85% up ×3
AVUV $3,956,586 1.85% up ×4
NBSM $3,729,372 1.74% up ×4
QGRO $575,612 0.27% up ×3
META $557,291 0.26% up ×5
ETN $393,735 0.18% up ×4
WM $392,560 0.18% up ×4
SCHW $371,387 0.17% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
DELL $360,701 836 0.17%
BSX $293,681 6,881 0.14%
GLW $293,234 1,148 0.14%
QCOM $248,912 1,347 0.12%
GE $246,288 659 0.12%
ABBV $244,342 971 0.11%
BA $209,759 969 0.10%
FBIN $208,949 3,806 0.10%
UNH $207,815 500 0.10%
SPSM $202,722 3,515 0.09%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
SPYM Bought more +21K +$7.5M
AVDE Bought more +7K +$1.4M
AVEM Bought more +634 +$1.4M
NVDA Bought more +4K +$1.3M
FMDE Bought more +8K +$1.2M
FTRB Bought more +48K +$1.2M
USTB Bought more +19K +$976K
INTC Bought more +31 +$841K
JGRO Bought more +2K +$789K
AAPL Bought more +1K +$728K

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
SPSM June 30, 2025 70,231 $2,862,605 26.9%
XOM June 30, 2026 7,879 $1,336,797 20.0%
MRVL June 30, 2026 6,243 $618,369 -8.9%
UNH June 30, 2025 1,151 $603,087 21.4%
SPTM March 31, 2026 4,509 $371,954 18.4%
INTU June 30, 2026 853 $368,969 9.1%
IQV June 30, 2026 1,963 $334,770 37.7%
APO June 30, 2026 2,980 $332,032 -2.5%
ROP March 31, 2026 742 $330,426 2.7%
ICE June 30, 2026 2,082 $327,499 23.6%
SPGI June 30, 2026 765 $325,218 1.5%
ADBE March 31, 2026 914 $319,891 -1.8%
VLO Dec. 31, 2025 1,758 $299,388 157.6%
ZTS Dec. 31, 2025 2,026 $296,401 -43.2%
DIS June 30, 2025 2,921 $288,332 -16.5%
CMG Dec. 31, 2025 6,792 $266,178 -16.6%
HON June 30, 2026 1,153 $260,619 -4.4%
SPMD Sept. 30, 2025 4,344 $236,219 12.9%
SIVR June 30, 2026 3,293 $235,812
CMCSA Sept. 30, 2025 6,542 $233,484 -31.3%
FBIN June 30, 2025 3,806 $231,709 -24.9%
BA March 31, 2026 969 $210,389 -3.2%
SHYG Dec. 31, 2025 4,856 $210,265
USAC Sept. 30, 2025 8,646 $210,184 No longer tracked
FANG June 30, 2026 1,058 $209,253 4.7%
GOOG Dec. 31, 2025 856 $208,479 9.6%
CMCSA June 30, 2026 7,223 $207,372 -12.1%
QCOM Sept. 30, 2025 1,290 $205,445 8.7%
QCOM March 31, 2026 1,194 $204,234 40.4%
BAR Dec. 31, 2025 5,344 $203,393 -4.1%
MRK Dec. 31, 2025 2,422 $203,278 32.6%
FBIN Dec. 31, 2025 3,806 $203,202 -22.7%
INTC June 30, 2025 8,860 $201,211 418.7%
CLSK June 30, 2026 11,000 $93,610 -14.2%
NEXT Sept. 30, 2025 10,200 $90,882 -3.2%
SINT June 30, 2026 10,000 $25,028 16.6%