Sector breakdown

04
Technology 7.2%
Healthcare 2.9%
Financials 2.7%
Industrials 2.4%
Communication Services 2.1%
Retail 1.8%
Consumer Discretionary 0.6%
Materials 0.3%
Utilities 0.1%
Energy 0.1%
Consumer products 0.1%
Consumer Staples 0.1%
Other/Unmapped 79.7%

Full portfolio 182 positions

05
Type Streak 8Q trend
BND Vanguard Total Bond Market ETF $31,627,794 7.28% 430,838 $-3,249,989 Down ×1
VIG Vanguard Div Appreciation ETF $30,227,488 6.96% 127,747 $5,750,403 Up ×1
EMXC iShares MSCI Emerging Markets ex China ETF $29,494,197 6.79% 288,311 $3,556,414 Down ×1
IQLT iShares Trust $28,407,819 6.54% 573,316 $3,719,992 Up ×1
HELO J.P. Morgan Exchange-Traded Fund Trust $17,825,468 4.10% 263,768 $1,864,937 Up ×3
VTI Vanguard Morningstar Total Stock Market ETF $17,451,541 4.02% 47,161 $2,187,814 Down ×3
SHYG iShares Trust $15,967,700 3.68% 376,508 $14,491,146 Up ×1
GARP iShares Trust $15,270,587 3.52% 184,986 $3,112,588 Down ×1
QQQ Invesco QQQ Trust, Series 1 $14,865,247 3.42% 20,186 $3,529,425 Up ×5
IJH iShares Trust $10,680,090 2.46% 138,505 $1,491,068 Up ×1
JEPQ JPMorgan Nasdaq Equity Premium Income ETF $8,734,207 2.01% 142,112 $283,158 Down ×1
AVUV AMERICAN CENTURY ETF TRUST $8,131,831 1.87% 65,180 $2,410,722 Up ×1
DGRO iShares Trust $7,688,659 1.77% 101,447 $1,206,449 Up ×6
GLD SPDR Gold Shares $7,639,096 1.76% 20,737 $-12,588,837 Down ×1
VB Vanguard Morningstar Small-Cap ETF $7,386,868 1.70% 24,369 $1,242,492 Up ×5
BILS SPDR SERIES TRUST $6,573,021 1.51% 66,140 $1,487,197 Up ×3
AMAT Applied Materials, Inc. - Common Stock $5,425,073 1.25% 7,504 $2,623,458 Down ×4
AAPL Apple Inc. - Common Stock $4,876,525 1.12% 16,853 $45,335 Down ×2
NVDA NVIDIA Corporation - Common Stock $4,672,429 1.08% 23,352 $-396,501 Down ×3
SCHX SCHWAB STRATEGIC TRUST $4,367,605 1.01% 148,407 $444,474 Down ×5
LLY Eli Lilly and Company Common Stock $4,342,915 1.00% 3,621 $918,016 Down ×1
VSGX Vanguard ESG International Stock ETF $4,133,497 0.95% 50,200 $1,121,714 Up ×6
VEA Vanguard FTSE Developed Markets ETF $3,861,206 0.89% 54,192 $347,545 Down ×1
ITOT iShares Trust $3,769,022 0.87% 22,944 $545,843 Up ×1
AMZN Amazon.com, Inc. - Common Stock $3,674,726 0.85% 15,418 $69,989 Down ×3
SHY iShares 1-3 Year Treasury Bond ETF $3,504,736 0.81% 42,683 $878,866 Up ×3
BIL SPDR SERIES TRUST $3,444,037 0.79% 37,582 $2,369,124 Up ×1
MSFT Microsoft Corporation - Common Stock $3,434,550 0.79% 9,207 $-93,525 Down ×3
USMV iShares MSCI USA Min Vol Factor ETF $3,428,726 0.79% 35,546 $173,980 Up ×1
IBHG iShares Trust $3,330,844 0.77% 150,853 $678,619 Up ×3
QUAL iShares Trust $3,275,821 0.75% 14,929 $432,339 Up ×2
GOOG Alphabet Inc. - Class C Capital Stock $3,132,847 0.72% 8,867 $389,204 Down ×3
STIP iShares 0-5 Year TIPS Bond ETF $3,054,318 0.70% 29,897 $519,597 Up ×1
LRCX Lam Research Corporation - Common Stock $2,822,057 0.65% 6,512 $1,416,315 Down ×3
IXUS iShares Core MSCI Total International Stock ETF $2,787,433 0.64% 29,206 $397,123 Up ×1
SUB iShares Short-Term National Muni Bond ETF $2,656,200 0.61% 24,948 $546,606 Up ×6
GOOGL Alphabet Inc. - Class A Common Stock $2,533,072 0.58% 7,088 $604,559 Up ×1
VYM Vanguard High Dividend Yield ETF $2,421,487 0.56% 15,323 $204,649 Up ×1
MGK VANGUARD WORLD FUND $2,367,551 0.55% 26,932 $309,182 Up ×1
AVGO Broadcom Inc. - Common Stock $2,195,348 0.51% 5,812 $428,372 Up ×2
JPM JP Morgan Chase & Co. Common Stock $2,191,426 0.50% 6,695 $231,627 Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock $2,179,574 0.50% 3,752 $1,391,893 Down ×2
IBRX ImmunityBio, Inc. - Common Stock $1,814,807 0.42% 207,288 $-115,180 Down ×1
IJR iShares Trust $1,744,926 0.40% 11,765 $410,059 Up ×2
FLRN SPDR SERIES TRUST $1,733,799 0.40% 56,201 $-781,802 Down ×1
EEMV iShares, Inc. $1,724,905 0.40% 22,913 $239,429 Down ×1
JEPI JPMorgan Equity Premium Income ETF $1,698,134 0.39% 30,066 $-439,036 Down ×1
TLH iShares 10-20 Year Treasury Bond ETF $1,669,197 0.38% 16,634 $-142,731 Down ×3
VCSH Vanguard Short-Term Corporate Bond ETF $1,613,061 0.37% 20,411 $-282,162 Down ×3
BRK-A (filed as BRKA) Berkshire Hathaway Inc. Class A $1,497,700 0.34% 2 $61,420
IUSV iShares Core S&P U.S. Value ETF $1,395,289 0.32% 12,667 $105,362 Up ×6
PPA Invesco Exchange-Traded Fund Trust $1,342,865 0.31% 7,602 $-174,548 Down ×1
EFAV iShares Trust $1,328,148 0.31% 15,142 $-54,656 Up ×1
Unknown issuer (CUSIP: 84615Q103) $1,326,215 0.31% 7,762 Up ×1
WMT Walmart Inc. - Common Stock $1,320,780 0.30% 11,661 $-378,675 Down ×2
IDVO Amplify CWP International Enhanced Dividend Income ETF $1,272,123 0.29% 30,289 $149,974 Up ×2
COST Costco Wholesale Corporation - Common Stock $1,255,995 0.29% 1,343 $116,733 Up ×1
ABBV AbbVie Inc. Common Stock $1,246,182 0.29% 4,952 $151,508 Down ×4
ESGD iShares ESG Aware MSCI EAFE ETF $1,241,807 0.29% 12,079 $100,733 Up ×1
AXP American Express Company Common Stock $1,237,170 0.28% 3,658 $-226,771 Down ×2
PSI Invesco Semiconductors ETF $1,230,435 0.28% 6,551 $849,468 Up ×2
SPY SPY $1,228,686 0.28% 1,645 $451,344 Up ×1
AGG iShares Trust $1,211,342 0.28% 12,238 $-41,325 Down ×2
PH Parker-Hannifin Corporation Common Stock $1,114,886 0.26% 1,140 $94,781 Up ×2
TSLA Tesla, Inc. - Common Stock $1,084,307 0.25% 2,578 $-95,628 Down ×3
MUB iShares Trust $1,083,411 0.25% 10,067 $21,911 Up ×1
AMGN Amgen Inc. - Common Stock $1,051,726 0.24% 2,904 $-42,266 Down ×1
IEF iShares 7-10 Year Treasury Bond ETF $1,045,310 0.24% 11,053 $-139,045 Down ×1
ANET Arista Networks, Inc. Common Stock $1,021,658 0.24% 6,014 $284,241 Up ×1
PWR Quanta Services, Inc. Common Stock $941,113 0.22% 1,307 $186,748 Down ×3
HD Home Depot, Inc. (The) Common Stock $938,797 0.22% 2,662 $72,152 Up ×1
IGV iShares Expanded Tech-Software Sector ETF $926,390 0.21% 10,225 Up ×1
LIN Linde plc - Ordinary Shares $880,151 0.20% 1,696 $42,478 Up ×5
QQQA ProShares Nasdaq-100 Dorsey Wright Momentum ETF $874,600 0.20% 10,257 Up ×1
MBB iShares MBS ETF $867,735 0.20% 9,180 $5,218 Up ×6
MA Mastercard Incorporated Common Stock $865,291 0.20% 1,685 $28,646 Up ×2
VEU Vanguard FTSE All World Ex US ETF $864,133 0.20% 10,318 $89,251
JNJ Johnson & Johnson Common Stock $861,905 0.20% 3,394 $41,683 Up ×3
PNC PNC Financial Services Group, Inc. (The) Common Stock $842,312 0.19% 3,421 $134,224 Up ×2
IBM International Business Machines Corporation Common Stock $816,494 0.19% 2,904 $213,541 Up ×1
CMI Cummins Inc. Common Stock $800,453 0.18% 1,122 $198,694 Up ×6
NOW ServiceNow, Inc. Common Stock $794,736 0.18% 8,005 $-113,804 Down ×1
ETN Eaton Corporation, PLC Ordinary Shares $758,067 0.17% 1,779 $123,203 Up ×2
META Meta Platforms, Inc. - Class A Common Stock $743,776 0.17% 1,320 $-86,985 Down ×4
PRN Invesco Dorsey Wright Industrials Momentum ETF $740,611 0.17% 2,841 $471,038 Up ×1
CSCO Cisco Systems, Inc. - Common Stock $739,165 0.17% 6,293 $234,340 Down ×4
NFLX Netflix, Inc. - Common Stock $734,992 0.17% 10,294 $-244,200 Up ×3
LMT Lockheed Martin Corporation Common Stock $727,263 0.17% 1,428 $-130,727 Up ×5
IBHF iShares iBonds 2026 Term High Yield and Income ETF $721,422 0.17% 31,851 $-149,372 Down ×4
MRVL Marvell Technology, Inc. - Common Stock $708,685 0.16% 2,379 $473,738 Up ×1
RTX RTX Corporation Common Stock $707,984 0.16% 3,732 $-5,863 Up ×2
MRK Merck & Company, Inc. Common Stock (new) $674,936 0.16% 5,252 $50,591 Up ×3
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares $659,455 0.15% 5,405 $-110,286 Down ×6
VO Vanguard Morningstar Mid-Cap ETF $651,754 0.15% 8,089 $132,823 Up ×1
AJG Arthur J. Gallagher & Co. Common Stock $640,747 0.15% 2,791 $78,494 Up ×3
BAC Bank of America Corporation Common Stock $626,267 0.14% 10,991 $79,353 Down ×1
FV First Trust Dorsey Wright Focus 5 ETF $624,776 0.14% 8,234 $254,748 Up ×2
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $619,983 0.14% 1,239 $-55,689 Down ×3
XLF SELECT SECTOR SPDR TRUST $615,931 0.14% 11,489 $37,868 Down ×1
PANW Palo Alto Networks, Inc. - Common Stock $605,993 0.14% 1,777 $322,387 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
HELO $17,825,468 4.10% up ×3
QQQ $14,865,247 3.42% up ×5
DGRO $7,688,659 1.77% up ×6
VB $7,386,868 1.70% up ×5
BILS $6,573,021 1.51% up ×3
VSGX $4,133,497 0.95% up ×6
SHY $3,504,736 0.81% up ×3
IBHG $3,330,844 0.77% up ×3
SUB $2,656,200 0.61% up ×6
IUSV $1,395,289 0.32% up ×6
LIN $880,151 0.20% up ×5
MBB $867,735 0.20% up ×6
JNJ $861,905 0.20% up ×3
CMI $800,453 0.18% up ×6
NFLX $734,992 0.17% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
Unknown issuer (CUSIP: 84615Q103) $1,326,215 7,762 0.31%
IGV $926,390 10,225 0.21%
QQQA $874,600 10,257 0.20%
MU $348,608 302 0.08%
SUSB $348,408 13,942 0.08%
Unknown issuer (CUSIP: 30233Q108) $289,455 2,117 0.07%
NXPI $269,227 958 0.06%
C $240,706 1,720 0.06%
VBK $240,032 656 0.06%
VMI $227,574 394 0.05%
ARTY $217,780 2,860 0.05%
EHC $211,358 2,091 0.05%
SCHD $211,220 6,661 0.05%
VRTX $207,136 417 0.05%
CSX $203,167 4,274 0.05%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
GLD Trimmed -26K -$12.6M
VIG Bought more +14K +$5.8M
IQLT Bought more +39K +$3.7M
EMXC Trimmed -41K +$3.6M
QQQ Bought more +546 +$3.5M
BND Trimmed -43K -$3.2M
GARP Trimmed -5K +$3.1M
AMAT Trimmed -693 +$2.6M
AVUV Bought more +13K +$2.4M
BIL Bought more +26K +$2.4M

1 position 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
IBHE Dec. 31, 2025 67,906 $1,576,784
PNQI March 31, 2026 17,853 $963,145
TSM March 31, 2026 2,797 $849,980 42.7%
HIMU Dec. 31, 2025 15,303 $752,764
ASML March 31, 2026 684 $731,784 38.9%
XJH June 30, 2025 18,187 $710,563
GSK March 31, 2026 14,314 $701,964 -15.6%
UBER March 31, 2026 7,740 $632,435 -4.0%
KRE June 30, 2025 9,660 $549,188
PEP Dec. 31, 2025 3,804 $534,245 -12.4%
EUSB June 30, 2025 12,224 $529,550
BGRN June 30, 2025 10,471 $495,902
SPMB Sept. 30, 2025 19,116 $422,466
ADBE Sept. 30, 2025 1,078 $417,057 -32.5%
NGG March 31, 2026 5,245 $405,721 -9.2%
SNY March 31, 2026 8,367 $405,465 -17.9%
NVS March 31, 2026 2,923 $402,994 -7.8%
HON June 30, 2026 1,657 $374,558 -4.9%
GDX March 31, 2026 4,340 $372,264 -3.9%
TXN Dec. 31, 2025 1,973 $362,453 71.3%
TTD Sept. 30, 2025 4,995 $359,590 -75.7%
XOM June 30, 2026 2,101 $356,445 20.3%
AZN March 31, 2026 3,762 $345,841 -19.6%
VZ Dec. 31, 2025 7,767 $341,340 12.9%
RSP Dec. 31, 2025 1,702 $322,826 10.2%
TSLL Sept. 30, 2025 27,000 $318,870
ROP Dec. 31, 2025 629 $313,488 -18.6%
KBWP Dec. 31, 2025 2,458 $303,985
DECK March 31, 2026 2,726 $282,604 -18.4%
VBK Dec. 31, 2025 934 $277,909
MO Dec. 31, 2025 4,165 $275,107 18.9%
NOC June 30, 2026 389 $265,391 -5.1%
PFE Sept. 30, 2025 10,943 $265,247 7.9%
MLPX June 30, 2026 3,550 $262,487 -3.7%
SPOT Dec. 31, 2025 376 $262,448 -15.9%
RVTY Sept. 30, 2025 2,655 $256,829 74.9%
TGT Sept. 30, 2025 2,593 $255,755 72.1%
INTU March 31, 2026 381 $252,382 -33.0%
WELL March 31, 2026 1,358 $252,025 14.2%
PYPL Sept. 30, 2025 3,384 $251,499 -18.6%
BX March 31, 2026 1,630 $251,217 -1.4%
PTF June 30, 2025 4,250 $250,595
ACN June 30, 2025 803 $250,568 -35.3%
SYM Dec. 31, 2025 4,600 $247,940 -25.8%
AON Sept. 30, 2025 694 $247,591 -23.2%
WINN June 30, 2026 8,688 $240,901 2.7%
T June 30, 2026 8,224 $238,414 18.0%
DELL Dec. 31, 2025 1,680 $238,228 356.0%
VRTX Sept. 30, 2025 528 $235,066 28.3%
SLV June 30, 2026 3,446 $234,810 3.7%
C Dec. 31, 2025 2,289 $232,333 10.1%
NVT Dec. 31, 2025 2,331 $229,930 70.4%
PSI June 30, 2025 4,843 $229,475 165.0%
UL (filed as ULXXXX) Dec. 31, 2025 3,846 $227,963 -7.0%
KMB Dec. 31, 2025 1,831 $227,721 -4.1%
IEF Sept. 30, 2025 2,335 $223,663
RCL Sept. 30, 2025 710 $222,426 -10.8%
UL March 31, 2026 3,372 $220,529 6.7%
CMG Dec. 31, 2025 5,621 $220,287 -16.5%
CRWD Sept. 30, 2025 428 $217,985 -43.1%
ADP March 31, 2026 841 $216,401 29.1%
CVX June 30, 2026 1,044 $215,970 25.2%
JLL March 31, 2026 641 $215,677 -0.2%
NOC June 30, 2025 413 $211,700 -3.4%
UNP June 30, 2025 888 $209,781 20.2%
ADP Sept. 30, 2025 677 $208,837 -10.6%
MRVL June 30, 2025 3,384 $208,336 270.8%
NXPI March 31, 2026 956 $207,509 24.1%
ESGV Dec. 31, 2025 1,748 $207,033
CI Dec. 31, 2025 709 $204,488 -0.3%
ICE Dec. 31, 2025 1,211 $204,029 -5.2%
GEV Dec. 31, 2025 331 $203,532 57.5%
PEP June 30, 2026 1,296 $201,289 -7.2%
JBLU Dec. 31, 2025 14,150 $69,618 -11.4%