Performance vs S&P 500

03
Tracked Q4 2025–Q2 2026 +28.1%
S&P 500 total return (same window) +8.7%
Excess return +19.4%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 97.2% · Options excluded: 12.3%

Sector breakdown

04
Healthcare 25.6%
Communication Services 17.9%
Energy 15.7%
Industrials 11.5%
Real Estate 6.4%
Consumer Staples 4.4%
Technology 4.0%
Retail 2.9%
Financials 2.3%
Materials 0.4%
Other/Unmapped 8.9%

Full portfolio 43 positions

05
Type Streak 8Q trend
VZ Verizon Communications Inc. Common Stock $17,763,693 13.89% 417,086 Up ×1
EXE Expand Energy Corporation - Common Stock $11,838,931 9.25% 132,190 $-129,939 Up ×1
ELV Elevance Health, Inc. Common Stock $8,842,214 6.91% 21,102 $2,640,743 Down ×1
HURC Hurco Companies, Inc. - Common Stock $7,821,362 6.11% 354,068 $2,613,022
UNH UnitedHealth Group Incorporated Common Stock (DE) $7,795,161 6.09% 18,214 $2,851,817 Down ×1
DLR Digital Realty Trust, Inc. Common Stock $7,659,746 5.99% 43,795 Up ×1
MOH Molina Healthcare Inc Common Stock $6,703,794 5.24% 28,784 $2,855,522 Down ×2
PBF PBF Energy Inc. Class A Common Stock $6,065,980 4.74% 125,175 Up ×1
DAR Darling Ingredients Inc. Common Stock $5,619,777 4.39% 96,510 $636,522 Up ×1
FSLR First Solar, Inc. - Common Stock $5,084,532 3.97% 22,328 $1,449,425 Up ×1
FPS Forgent Power Solutions, Inc. Class A Common Stock $4,860,632 3.80% 108,812 $2,938,590 Up ×1
Unknown issuer (CUSIP: 093712AN7) $3,759,224 2.94% 2,222,000 $2,588,476 Up ×1
MXCT MaxCyte, Inc. - Common Stock $3,674,027 2.87% 2,848,083 $2,135,538 Up ×1
Unknown issuer (CUSIP: 86800U500) $3,349,903 2.62% 69,150 Up ×1
AMZN Amazon.com, Inc. - Common Stock $3,266,614 2.55% 13,280
AMRN Amarin Corporation plc - American Depositary Shares $2,741,449 2.14% 177,325
CHTR Charter Communications, Inc. - Class A Common Stock $2,594,776 2.03% 18,800 Up ×1
T AT&T Inc. $2,513,232 1.96% 119,167 Up ×1
SLB SLB Limited Common Shares $2,239,954 1.75% 48,000 $1,401,382 Up ×1
NVO Novo Nordisk A/S Common Stock $1,759,489 1.38% 35,445 $425,401
Unknown issuer (CUSIP: 02079K404) $1,645,668 1.29% 32,268 Up ×1
Unknown issuer (CUSIP: 296013105) $1,416,089 1.11% 106,313 Up ×1
ZTS Zoetis Inc. Class A Common Stock $1,259,806 0.98% 18,838 Up ×1
UPS United Parcel Service, Inc. Common Stock $1,230,440 0.96% 10,990 $149,244
UWMC UWM Holdings Corporation Class A Common Stock $1,198,581 0.94% 554,900 $-848,998
RKT Rocket Companies, Inc. Class A Common Stock $1,109,832 0.87% 75,860 $28,827
Unknown issuer (CUSIP: 02079K602) $990,325 0.77% 19,591 Up ×1
NXT Nextpower Inc. - Class A Common Stock $802,769 0.63% 7,375 Up ×1
KNSL Kinsale Capital Group, Inc. Common Stock $611,316 0.48% 1,753 $12,394
CURB Curbline Properties Corp. Common Stock $499,166 0.39% 16,286 Up ×1
TLF Tandy Leather Factory, Inc. - common stock $498,302 0.39% 215,717 $23,100 Up ×1
LGO Largo Inc. - Common Shares $482,270 0.38% 725,000 $-369,063 Down ×1
Unknown issuer (CUSIP: 91324P902) $50,100 0.04% 3 Call option
Unknown issuer (CUSIP: 15135B901) $38,252 0.03% 10 Call option
Unknown issuer (CUSIP: 60855R900) $31,200 0.02% 3 Call option Up ×1
Unknown issuer (CUSIP: 036752903) $27,556 0.02% 3 Call option
Unknown issuer (CUSIP: 023135906) $23,502 0.02% 3 Call option
Unknown issuer (CUSIP: 084670952) $19,680 0.02% 6 Put option Up ×1
WWR CUSIP: 961684206 $16,898 0.01% 35,300 $-359,095 Down ×1
Unknown issuer (CUSIP: 46090E953) $13,050 0.01% 3 Put option Up ×1
IWM iShares Russell 2000 Index Fund $296 0.00% 1
CVX Chevron Corporation Common Stock $174 0.00% 1 $-33
GNR State Street SPDR S&P Global Natural Resources ETF $68 0.00% 1

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
VZ $17,763,693 417,086 13.89%
DLR $7,659,746 43,795 5.99%
PBF $6,065,980 125,175 4.74%
Unknown issuer (CUSIP: 86800U500) $3,349,903 69,150 2.62%
AMZN $3,266,614 13,280 2.55%
AMRN $2,741,449 177,325 2.14%
CHTR $2,594,776 18,800 2.03%
T $2,513,232 119,167 1.96%
Unknown issuer (CUSIP: 02079K404) $1,645,668 32,268 1.29%
Unknown issuer (CUSIP: 296013105) $1,416,089 106,313 1.11%
ZTS $1,259,806 18,838 0.98%
Unknown issuer (CUSIP: 02079K602) $990,325 19,591 0.77%
NXT $802,769 7,375 0.63%
CURB $499,166 16,286 0.39%
Unknown issuer (CUSIP: 91324P902) $50,100 3 0.04%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
FPS Bought more +43K +$2.9M
MOH Trimmed -3 +$2.9M
UNH Trimmed -4 +$2.9M
ELV Trimmed -5 +$2.6M
HURC Price move only +0 +$2.6M
· Bought more +1.1M +$2.6M
MXCT Bought more +658K +$2.1M
FSLR Bought more +4K +$1.4M
SLB Bought more +32K +$1.4M
UWMC Price move only +0 -$849K

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
WH March 31, 2026 769,705 $56,026,827 -12.3%
QXO Sept. 30, 2025 1,300,000 $28,002,000 -37.7%
TMUS March 31, 2026 140,000 $27,609,400 -21.6%
C June 30, 2025 15,004,960 $15,801,320 51.0%
LPLA June 30, 2025 25,000 $8,178,500 -11.5%
FTRE Dec. 31, 2025 680,601 $5,730,660 22.4%
CNQ March 31, 2026 143,911 $5,354,884 -0.9%
BE March 31, 2026 4,000,000 $4,518,480 111.6%
FSLR Dec. 31, 2025 20,000 $4,410,600 -32.6%
MU June 30, 2026 11,034 $3,727,727 -7.8%
LB Sept. 30, 2025 54,185 $3,661,821 56.7%
RRC June 30, 2026 75,247 $3,399,659 4.0%
SDA June 30, 2025 810,725 $3,340,187 -84.0%
KNTK June 30, 2026 60,688 $2,879,646 9.8%
AR June 30, 2026 67,511 $2,865,167 -1.3%
BBIO March 31, 2026 2,750,000 $2,809,620 -10.9%
CNC Sept. 30, 2025 48,242 $2,618,576 80.2%
ECVT Sept. 30, 2025 300,000 $2,469,000 18.4%
TSLA March 31, 2026 5,438 $2,340,776 1.9%
GTLS June 30, 2025 14,500 $2,093,220 No longer tracked
EFX March 31, 2026 10,265 $2,067,371 -20.8%
BAK June 30, 2026 550,000 $2,013,000 -34.0%
BABA June 30, 2025 12,000 $1,586,759 -2.3%
BCS June 30, 2026 66,379 $1,404,577 -12.2%
SFTBY June 30, 2025 45,000 $1,134,900 No longer tracked
FIGR March 31, 2026 1,500 $1,125,000 -17.7%
SPIR Dec. 31, 2025 100,000 $1,099,000 45.2%
AMZN March 31, 2026 4,563 $1,091,865 20.7%
IONQ Sept. 30, 2025 25,000 $1,074,250 -30.1%
MSFT June 30, 2026 2,899 $1,073,121 40.8%
CPNG June 30, 2026 55,012 $1,038,627 -18.2%
RYAAY June 30, 2025 20,000 $845,061 -5.1%
FICO Dec. 31, 2025 550 $823,092 -59.2%
ECX June 30, 2025 641,963 $808,873 -59.4%
DKNG March 31, 2026 27,500 $756,525 -9.3%
NVDA Sept. 30, 2025 4,750 $750,518 28.0%
CORZ Dec. 31, 2025 40,000 $717,600 14.0%
IBIT June 30, 2025 15,300 $716,193 -20.7%
LNG June 30, 2026 2,500 $709,400 15.0%
UBER June 30, 2025 9,500 $692,170 -25.5%
PDD Sept. 30, 2025 6,500 $680,290 -41.1%
HOOD June 30, 2025 16,000 $665,920 21.9%
V March 31, 2026 2,006 $645,671 22.3%
IBIT March 31, 2026 13,500 $641,115
YETI Sept. 30, 2025 20,000 $630,400 22.1%
ETH March 31, 2026 24,400 $616,832 30.1%
UAMY June 30, 2026 70,000 $611,100 -45.6%
AMRN (filed as AMRNXXXX) Dec. 31, 2025 36,886 $604,198 -13.4%
SABR March 31, 2026 428,000 $556,400 33.1%
CABO March 31, 2026 6,820 $552,352 -87.7%
BNO June 30, 2026 1,000 $550,000 51.0%
CCC Sept. 30, 2025 50,000 $470,500 -27.3%
C March 31, 2026 4,000 $463,711 13.3%
CGAU Dec. 31, 2025 42,446 $455,445 50.0%
QVCGA (filed as QVCGAXXXX) June 30, 2025 2,262,875 $455,064 No longer tracked
AMRN March 31, 2026 2,994 $446,745 -16.4%
VG June 30, 2026 26,000 $435,960 20.8%
ETH June 30, 2025 24,400 $420,168 8.9%
WULF March 31, 2026 30,000 $401,100 2.5%
XYZ March 31, 2026 6,438 $389,048 26.7%
QVCGA March 31, 2026 35,457 $381,158 No longer tracked
NVA June 30, 2026 60,000 $352,200 No longer tracked
OPTU Dec. 31, 2025 145,841 $351,477 -40.1%
KGC June 30, 2025 26,000 $327,860 50.9%
WFC Sept. 30, 2025 3,882 $311,026 -2.8%
BRK-B (filed as BRKB) June 30, 2026 6 $310,712 No longer tracked
TXN Sept. 30, 2025 1,487 $308,731 60.5%
MPC Sept. 30, 2025 1,817 $301,822 124.9%
AAL Dec. 31, 2025 26,589 $298,860 -16.3%
KLAC Sept. 30, 2025 331 $296,490 -80.8%
GS Sept. 30, 2025 413 $292,301 12.2%
TIC June 30, 2026 43,000 $282,940 2.1%
META June 30, 2026 487 $278,627 31.7%
XYZ June 30, 2025 4,950 $268,934 12.2%
NMG June 30, 2026 120,000 $268,800 -24.0%
IWM March 31, 2026 2,501 $267,760 14.3%
DOW June 30, 2026 1,000 $265,000 4.2%
MP June 30, 2026 1,500 $262,500 -16.4%
EOG Sept. 30, 2025 2,074 $248,071 28.5%
CME March 31, 2026 860 $247,757 -8.6%
TSM March 31, 2026 750 $247,701 43.7%
HIVE March 31, 2026 85,000 $237,150 52.6%
AMRN (filed as AMRNXXXX) June 30, 2026 15,596 $225,523 -24.2%
BITF March 31, 2026 90,000 $210,600 No longer tracked
COIN June 30, 2025 1,150 $198,065 -46.3%
VGSH Dec. 31, 2025 3,300 $194,205
HOOD June 30, 2026 2,800 $194,040 13.8%
LBRDK Dec. 31, 2025 2,894 $183,885 No longer tracked
CF June 30, 2026 200 $175,600 7.2%
CANG Dec. 31, 2025 40,000 $169,600 81.3%
AMT Sept. 30, 2025 744 $164,439 -15.6%
APH Sept. 30, 2025 1,652 $163,135 -29.5%
QCOM March 31, 2026 1,066 $161,442 40.4%
COF Sept. 30, 2025 744 $158,293 -8.2%
GGB Dec. 31, 2025 50,000 $155,000 40.1%
DBVT June 30, 2026 7,000 $146,230 -36.3%
CHTR Dec. 31, 2025 500 $137,553 -48.4%
AAON March 31, 2026 1,500 $136,490 1.9%
VET Dec. 31, 2025 17,000 $134,525 40.6%
SARO March 31, 2026 4,200 $133,281 -18.5%
TSM June 30, 2025 750 $125,425 114.5%
ORA March 31, 2026 1,000 $124,904 -18.4%
HIVE June 30, 2025 85,000 $123,250 61.1%
D March 31, 2026 2,000 $119,939 -1.3%
NI Sept. 30, 2025 2,938 $118,519 -8.7%
SRE Sept. 30, 2025 1,553 $117,671 -13.1%
DVN Sept. 30, 2025 3,663 $116,520 36.9%
TRGP Sept. 30, 2025 661 $115,067 71.5%
D June 30, 2025 2,000 $111,739 8.0%
CME June 30, 2025 400 $105,282 -2.0%
QCOM June 30, 2025 600 $92,013 13.5%
MCO June 30, 2026 202 $88,120 -1.1%
NEE March 31, 2026 1,000 $87,900 -17.9%
SCCO March 31, 2026 238 $85,680 22.2%
SPGI June 30, 2026 202 $81,160 1.5%
PYPL June 30, 2025 1,235 $80,584 -26.8%
CCJ June 30, 2026 350 $80,500 -14.1%
NOW June 30, 2025 101 $80,410 -33.8%
HNRG March 31, 2026 4,150 $76,734 -14.3%
PYPL March 31, 2026 1,419 $74,767 20.3%
HNRG June 30, 2025 6,000 $73,680 -11.9%
PDS Sept. 30, 2025 1,500 $70,860 56.5%
CBUS June 30, 2026 33,008 $65,356 22.6%
ALB June 30, 2026 750 $63,750 -22.7%
ED Sept. 30, 2025 600 $60,210 2.8%
REG Sept. 30, 2025 839 $59,762 -2.2%
ORLY Sept. 30, 2025 661 $59,576 -22.2%
FAST Sept. 30, 2025 1,408 $59,136 3.4%
BITF June 30, 2025 75,000 $59,115 No longer tracked
DTE Sept. 30, 2025 445 $58,945 -11.6%
DUK Sept. 30, 2025 498 $58,764 -8.0%
HES Sept. 30, 2025 423 $58,602 No longer tracked
EWBC Sept. 30, 2025 579 $58,467 19.2%
MP Sept. 30, 2025 400 $58,400 -30.2%
CSX Sept. 30, 2025 1,789 $58,375 33.6%
ANSS Sept. 30, 2025 166 $58,303 No longer tracked
XOM Sept. 30, 2025 538 $57,996 45.5%
PH Sept. 30, 2025 83 $57,973 28.7%
GOOG March 31, 2026 165 $55,857 19.9%
CAT March 31, 2026 151 $50,585 19.7%
SMLR June 30, 2025 1,300 $47,060 No longer tracked
OXY June 30, 2025 812 $40,080 38.8%
GM June 30, 2025 852 $40,070 63.0%
PSX June 30, 2025 320 $39,514 126.1%
KKR June 30, 2025 341 $39,423 -32.4%
JPM June 30, 2025 160 $39,248 14.6%
HLT June 30, 2025 172 $39,139 18.7%
PGR June 30, 2026 202 $38,604 -2.7%
QQQ June 30, 2026 5 $34,850 1.1%
CANG June 30, 2025 8,000 $30,320 12.2%
COIN March 31, 2026 150 $29,211 7.8%
ICE March 31, 2026 160 $27,805 -3.3%
FCX March 31, 2026 1,000 $22,000 23.5%
GLIBK Dec. 31, 2025 578 $21,542 -36.7%
UVXY (filed as UVXYXXXX) Dec. 31, 2025 2,000 $20,880 -53.5%
JD March 31, 2026 68 $19,367 -10.9%
CNC June 30, 2026 15 $16,221 0.2%
AMD Dec. 31, 2025 96 $15,532 195.0%
CI June 30, 2026 3 $14,189 -1.6%
SMH June 30, 2026 2 $13,832 -3.4%
TONX March 31, 2026 4,000 $10,440 45.3%
NDAQ March 31, 2026 105 $10,173 8.6%
AAPL Dec. 31, 2025 28 $7,002 22.4%
CPRT June 30, 2026 200 $6,640 -1.9%
NFLX March 31, 2026 72 $6,011 -29.8%
MA March 31, 2026 11 $5,920 13.0%
CRM March 31, 2026 15 $3,184 23.1%
SNAP March 31, 2026 50 $347 22.0%
GNR March 31, 2026 1 $68