Sector breakdown

04
Technology 7.6%
Financials 2.8%
Industrials 2.2%
Healthcare 1.7%
Utilities 1.2%
Energy 1.1%
Real Estate 1.0%
Consumer Staples 0.8%
Consumer Discretionary 0.7%
Communication Services 0.6%
Retail 0.6%
Materials 0.6%
Consumer products 0.2%
Other/Unmapped 79.0%

Full portfolio 146 positions

05
Type Streak 8Q trend
SCHG SCHWAB STRATEGIC TRUST $13,543,882 7.42% 400,233 $2,727,394 Up ×6
SCHD SCHWAB STRATEGIC TRUST $11,552,961 6.33% 364,332 $1,134,955 Up ×6
TCAF T. Rowe Price Capital Appreciation Equity ETF $10,521,513 5.76% 255,998 $1,974,550 Up ×6
BIL SPDR SERIES TRUST $10,498,095 5.75% 114,558 $-6,574,070 Down ×1
SCHA SCHWAB STRATEGIC TRUST $6,541,825 3.58% 181,064 $1,489,233 Up ×6
VGT Vanguard Information Tech ETF $5,599,630 3.07% 46,851 $1,609,662 Up ×6
VTEB Vanguard Tax-Exempt Bond ETF $5,260,240 2.88% 103,998 $330,837 Up ×6
CGDV Capital Group Dividend Value ETF $4,307,778 2.36% 87,414 $652,946 Up ×4
IVV iShares Trust $4,101,391 2.25% 5,477 $669,446 Up ×3
SPYM State Street SPDR Portfolio S&P 500 ETF $3,727,694 2.04% 42,418 Up ×1
AAPL Apple Inc. - Common Stock $3,506,771 1.92% 12,119 $415,483 Down ×1
MSFT Microsoft Corporation - Common Stock $3,303,380 1.81% 8,856 $2,585,397 Up ×1
HYD VanEck High Yield Muni ETF $3,118,095 1.71% 60,534 $221,323 Up ×6
VEA Vanguard FTSE Developed Markets ETF $3,044,080 1.67% 42,724 $626,959 Up ×6
FLJP Franklin Templeton ETF Trust $2,967,059 1.63% 74,643 Up ×1
VWO Vanguard FTSE Emerging Markets ETF $2,952,501 1.62% 49,464 $626,949 Up ×6
HGER Harbor Commodity All-Weather Strategy ETF $2,948,993 1.62% 100,511 $775,378 Up ×1
IEF iShares 7-10 Year Treasury Bond ETF $2,888,073 1.58% 30,539 $76,792 Up ×3
MUNI PIMCO ETF Trust $2,733,349 1.50% 51,965 $253,889 Up ×6
SUB iShares Short-Term National Muni Bond ETF $2,703,819 1.48% 25,395 $149,005 Up ×6
BSV VANGUARD BOND INDEX FUNDS $2,351,743 1.29% 30,185 $150,956 Up ×6
GLDM SPDR Gold MiniShares Trust $2,017,347 1.11% 25,401
VT Vanguard Total World Stock Index ETF $1,935,978 1.06% 12,335 $357,147 Up ×2
VXUS Vanguard Total International Stock ETF $1,923,629 1.05% 22,501 $234,679 Up ×1
QLTY GMO ETF Trust $1,888,216 1.03% 45,368 $250,033 Up ×6
ARCC Ares Capital Corporation - Closed End Fund $1,868,112 1.02% 100,816 $564,991 Up ×2
QQQ Invesco QQQ Trust, Series 1 $1,795,326 0.98% 2,438 $1,510,213 Up ×1
SCHI SCHWAB STRATEGIC TRUST $1,784,728 0.98% 78,831 $118,406 Up ×6
FSCO FS Credit Opportunities Corp. Common Stock $1,745,999 0.96% 349,900 $-103,338 Down ×1
BENJ Horizon Funds $1,634,512 0.90% 30,986 $-96,887 Down ×2
STIP iShares 0-5 Year TIPS Bond ETF $1,258,305 0.69% 12,317 $17,248 Up ×1
CGBL Capital Group Core Balanced ETF $1,246,424 0.68% 32,835 $143,053 Up ×6
GBTC Grayscale Bitcoin Trust (BTC) $1,227,811 0.67% 26,973 $-1,040,341 Down ×4
FSSL FS Specialty Lending Fund Common Shares of Beneficial Interest $1,195,734 0.66% 107,241 $-375,968 Down ×2
JEPI JPMorgan Equity Premium Income ETF $1,086,845 0.60% 19,243 $417,398 Up ×3
SPYI NEOS S&P 500 High Income ETF $1,085,691 0.59% 20,450 $727,758 Up ×1
CGIC Capital Group International Core Equity ETF $1,085,072 0.59% 29,818 $116,645 Up ×3
DIVO Amplify ETF Trust $1,059,600 0.58% 23,186 $705,016 Up ×1
XOM Exxon Mobil Corporation Common Stock $1,051,174 0.58% 7,689 $-264,731 Down ×2
CGUS Capital Group Core Equity ETF $1,046,323 0.57% 23,523 $143,624 Up ×4
GOVT iShares Trust $990,133 0.54% 43,465 $-5,650
ARKB ARK 21Shares Bitcoin ETF $980,161 0.54% 50,368 $586,024 Up ×2
CGGO Capital Group Global Growth Equity ETF $961,952 0.53% 22,725 $203,617
FSK FS KKR Capital Corp. Common Stock $957,452 0.52% 91,186 $-248,112 Down ×6
FPAG FPA Global Equity ETF $939,870 0.51% 23,413 $96,417 Up ×4
MSTR Strategy Inc - Class A Common Stock $911,461 0.50% 10,485 $-397,067
PECO Phillips Edison & Company, Inc. - Common Stock $903,168 0.49% 21,700 $9,829 Down ×6
LMT Lockheed Martin Corporation Common Stock $894,612 0.49% 1,756 $-165,488 Up ×1
AVUV AMERICAN CENTURY ETF TRUST $885,297 0.49% 7,096 $117,420 Up ×1
CGCP Capital Group Fixed Income ETF Trust $826,929 0.45% 37,099 $5,223 Up ×4
SDCI USCF ETF Trust $797,272 0.44% 30,154 $-18,675 Up ×1
VZ Verizon Communications Inc. Common Stock $734,988 0.40% 17,359 $-117,336 Up ×3
CGGR Capital Group Growth ETF $730,941 0.40% 15,486 $119,086 Up ×1
HBTA Horizon Expedition Plus ETF $730,506 0.40% 22,346 $106,912 Down ×4
PLTR Palantir Technologies Inc. - Class A Common Stock $723,471 0.40% 6,201 $-178,053 Up ×2
IBM International Business Machines Corporation Common Stock $717,388 0.39% 2,551 $98,674 Down ×4
TXN Texas Instruments Incorporated - Common Stock $698,676 0.38% 2,344 $243,806 Up ×3
TSM Taiwan Semiconductor Manufacturing Company Ltd. $685,313 0.38% 1,435 $205,424 Up ×2
JEPQ JPMorgan Nasdaq Equity Premium Income ETF $649,878 0.36% 10,574 $386,325 Up ×1
INTC Intel Corporation - Common Stock $602,866 0.33% 4,318 Up ×1
ABBV AbbVie Inc. Common Stock $590,340 0.32% 2,346 $51,192 Down ×1
ARES Ares Management Corporation Class A Common Stock $576,204 0.32% 5,177 $240,640 Up ×3
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $564,440 0.31% 1,128 $22,944 Down ×3
SNA Snap-On Incorporated Common Stock $559,718 0.31% 1,391 $66,508 Up ×6
AMZN Amazon.com, Inc. - Common Stock $554,856 0.30% 2,328 $65,421 Down ×3
QCOM QUALCOMM Incorporated - Common Stock $554,584 0.30% 3,001 $174,552 Up ×3
ECL Ecolab Inc. Common Stock $546,911 0.30% 1,963 $24,182 Down ×1
ED Consolidated Edison, Inc. Common Stock $542,682 0.30% 4,905 $-10,395 Up ×2
NVDA NVIDIA Corporation - Common Stock $511,027 0.28% 2,554 $66,829 Up ×1
OKE ONEOK, Inc. Common Stock $510,251 0.28% 5,869 $-6,509 Up ×6
GILD Gilead Sciences, Inc. - Common Stock $506,209 0.28% 4,007 $-42,143 Up ×3
HD Home Depot, Inc. (The) Common Stock $502,393 0.28% 1,425 $50,377 Up ×3
WEC WEC Energy Group, Inc. Common Stock $500,476 0.27% 4,286 $16,941 Up ×3
SCHF SCHWAB STRATEGIC TRUST $499,829 0.27% 18,044 $55,082 Up ×1
APD Air Products and Chemicals, Inc. Common Stock $498,903 0.27% 1,702 $23,765 Up ×6
FEGE First Eagle Global Equity ETF $491,548 0.27% 10,048 $19,292
WSO Watsco, Inc. Common Stock $482,912 0.26% 1,159 $77,381 Up ×4
TSLA Tesla, Inc. - Common Stock $469,166 0.26% 1,115 $27,725 Down ×3
GE GE Aerospace Common Stock $467,378 0.26% 1,251 $112,060 Down ×1
CBUS Cibus, Inc. - Class A Common Stock $462,663 0.25% 337,710 $-167,379 Up ×6
VIG Vanguard Div Appreciation ETF $460,653 0.25% 1,947 $42,151 Up ×2
SPY SPY $448,912 0.25% 601 $58,624 Up ×1
AZN AstraZeneca PLC - American Depositary Shares $447,314 0.25% 2,359 Up ×1
SCHV SCHWAB STRATEGIC TRUST $438,857 0.24% 12,607 $55,578 Up ×1
MCD McDonald's Corporation Common Stock $435,864 0.24% 1,612 $-39,720 Up ×3
BTI British American Tobacco Industries, p.l.c. Common Stock ADR $435,046 0.24% 7,044 $29,710 Up ×3
MRK Merck & Company, Inc. Common Stock (new) $429,049 0.24% 3,339 $27,817 Up ×1
Unknown issuer (CUSIP: 884903881) $414,149 0.23% 5,071 Up ×1
ATO Atmos Energy Corporation Common Stock $412,759 0.23% 2,396 Up ×1
YMM Full Truck Alliance Co. Ltd. American Depositary Shares (each representing 20 Class A Ordinary Shares) $395,663 0.22% 48,727 Up ×1
CEFS Exchange Listed Funds Trust $393,369 0.22% 15,342 $52 Down ×2
O Realty Income Corporation Common Stock $390,629 0.21% 6,305 $20,924 Up ×6
GEV GE Vernova Inc. Common Stock $384,266 0.21% 327 $98,791
ADP Automatic Data Processing, Inc. - Common Stock $384,024 0.21% 1,715 $69,362 Up ×3
RSG Republic Services, Inc. Common Stock $378,364 0.21% 1,776 $11,363 Up ×4
QQQI NEOS Nasdaq 100 High Income ETF $375,609 0.21% 6,614 Up ×1
JNJ Johnson & Johnson Common Stock $373,622 0.20% 1,471 $14,039
QYLG Global X Nasdaq 100 Covered Call & Growth ETF $371,752 0.20% 12,265 $14,395 Down ×2
MU Micron Technology, Inc. - Common Stock $371,462 0.20% 322 Up ×1
SHEL Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) $371,017 0.20% 4,785 $68,710 Up ×2

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
SCHG $13,543,882 7.42% up ×6
SCHD $11,552,961 6.33% up ×6
TCAF $10,521,513 5.76% up ×6
SCHA $6,541,825 3.58% up ×6
VGT $5,599,630 3.07% up ×6
VTEB $5,260,240 2.88% up ×6
CGDV $4,307,778 2.36% up ×4
IVV $4,101,391 2.25% up ×3
HYD $3,118,095 1.71% up ×6
VEA $3,044,080 1.67% up ×6
VWO $2,952,501 1.62% up ×6
IEF $2,888,073 1.58% up ×3
MUNI $2,733,349 1.50% up ×6
SUB $2,703,819 1.48% up ×6
BSV $2,351,743 1.29% up ×6

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
SPYM $3,727,694 42,418 2.04%
FLJP $2,967,059 74,643 1.63%
GLDM $2,017,347 25,401 1.11%
INTC $602,866 4,318 0.33%
AZN $447,314 2,359 0.25%
Unknown issuer (CUSIP: 884903881) $414,149 5,071 0.23%
ATO $412,759 2,396 0.23%
YMM $395,663 48,727 0.22%
QQQI $375,609 6,614 0.21%
MU $371,462 322 0.20%
AMD $326,471 562 0.18%
MDLZ $304,238 5,260 0.17%
SLYG $227,894 1,913 0.12%
PNC $223,374 907 0.12%
ARKX $222,735 6,528 0.12%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
BIL Trimmed -72K -$6.6M
SCHG Bought more +29K +$2.7M
MSFT Bought more +7K +$2.6M
TCAF Bought more +16K +$2.0M
VGT Bought more +41K +$1.6M
SCHA Bought more +7K +$1.5M
SCHD Bought more +25K +$1.1M
GBTC Trimmed -16K -$1.0M
HGER Bought more +30K +$775K
SPYI Bought more +13K +$728K

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
GLDM Dec. 31, 2025 78,772 $6,022,119 -3.4%
SPEM March 31, 2026 96,772 $4,529,897 12.7%
BBJP March 31, 2026 56,354 $3,714,292
IVVB Sept. 30, 2025 85,061 $2,637,742
INDA March 31, 2026 32,272 $1,744,302
BND Dec. 31, 2025 19,287 $1,434,367
PDBC June 30, 2026 57,472 $995,415
VTI Dec. 31, 2025 2,754 $903,829 14.1%
BNDX Dec. 31, 2025 15,926 $787,713
TIP Sept. 30, 2025 6,682 $735,287
VXF Dec. 31, 2025 3,157 $660,954 13.4%
HGER June 30, 2025 27,306 $656,709 47.1%
CMDT June 30, 2025 22,824 $610,998
RBIL Dec. 31, 2025 11,762 $588,747
VUG Dec. 31, 2025 1,223 $586,352 13.9%
GMOV Dec. 31, 2025 21,150 $558,823
NVS June 30, 2026 3,342 $510,491 -10.2%
TRI June 30, 2026 4,985 $448,550 20.1%
FLIN March 31, 2026 10,527 $406,237
XHLF June 30, 2026 7,775 $391,316
UL March 31, 2026 5,619 $367,483 6.7%
UL (filed as ULXXXX) Dec. 31, 2025 5,780 $342,630 -7.0%
MAA June 30, 2026 2,744 $335,097 -15.8%
HSY June 30, 2025 1,950 $333,512 -3.1%
SNY March 31, 2026 6,509 $315,426 -17.9%
NGG Sept. 30, 2025 4,195 $312,127 5.8%
FNDX June 30, 2025 13,207 $311,816 30.4%
RELX June 30, 2026 8,305 $275,311 7.5%
ACN June 30, 2026 1,376 $272,847 55.4%
KMB March 31, 2026 2,684 $270,780 0.3%
SHOP March 31, 2026 1,540 $247,894 38.6%
PM Sept. 30, 2025 1,223 $222,745 17.4%
IGM March 31, 2026 1,722 $222,367 47.0%
VOO June 30, 2025 431 $221,412 26.1%
META Dec. 31, 2025 299 $219,371 11.9%
PFE Dec. 31, 2025 8,528 $217,290 10.4%
WTRG Dec. 31, 2025 5,366 $214,088 1.2%
WTRG June 30, 2025 5,360 $211,874 4.5%
COIN June 30, 2026 1,200 $209,532 27.1%
VCIT Dec. 31, 2025 2,484 $208,929
HOOD Dec. 31, 2025 1,435 $205,463 -1.0%
PRU March 31, 2026 1,804 $203,619 16.2%
SLYG Dec. 31, 2025 2,157 $203,384 15.3%
NLY March 31, 2026 9,019 $201,665 -12.9%
STWD June 30, 2026 11,667 $200,902 -21.1%
EPM March 31, 2026 30,869 $109,276 No longer tracked
GSBD Dec. 31, 2025 10,514 $106,923 -2.7%
NXDR March 31, 2026 11,535 $24,224 72.9%
SRXH June 30, 2026 21,398 $2,760 No longer tracked