Sector breakdown

04
Industrials 27.2%
Technology 27.1%
Financials 13.6%
Healthcare 9.6%
Retail 7.3%
Communication Services 5.3%
Energy 3.8%
Consumer Discretionary 1.5%
Materials 1.3%
Consumer products 1.0%
Utilities 0.5%
Real Estate 0.2%
Consumer Staples 0.1%
Other/Unmapped 1.5%

Full portfolio 138 positions

05
Type Streak 8Q trend
GOOGL Alphabet Inc. - Class A Common Stock $21,262 4.49% 59,498 $-17,063,738 Up ×1
NVDA NVIDIA Corporation - Common Stock $19,201 4.05% 95,962 $-15,878,799 Up ×1
VRT Vertiv Holdings, LLC Class A Common Stock $17,446 3.68% 52,108 $-13,490,554 Down ×2
DELL Dell Technologies Inc. Class C Common Stock $17,394 3.67% 40,316 $-6,508,606 Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock $17,175 3.63% 29,567 $-5,828,825 Up ×1
CRS Carpenter Technology Corporation Common Stock $16,141 3.41% 26,168 $-10,126,859 Up ×3
TWLO Twilio Inc. Class A Common Stock $13,952 2.94% 67,621 $-8,437,048 Up ×1
BTSG BrightSpring Health Services, Inc. - Common Stock $13,714 2.89% 196,648 $-8,242,286 Up ×1
BK The Bank of New York Mellon Corporation Common Stock $13,109 2.77% 90,652 $-10,227,891 Up ×3
MU Micron Technology, Inc. - Common Stock $13,083 2.76% 11,335 $-3,235,917 Up ×1
CLS Celestica, Inc. Common Stock $12,977 2.74% 35,574 $-9,780,023 Up ×1
FTI TechnipFMC plc Ordinary Share $12,397 2.62% 186,992 $-13,078,603 Down ×1
GS Goldman Sachs Group, Inc. (The) Common Stock $12,070 2.55% 11,935 $-9,813,930 Up ×3
AAPL Apple Inc. - Common Stock $11,980 2.53% 41,405 $-1,155,020 Up ×2
EBAY eBay Inc. - Common Stock $11,521 2.43% 103,103 $-9,090,479 Up ×3
HWM Howmet Aerospace Inc. Common Stock $11,495 2.43% 42,758 $-10,031,505 Down ×1
LFUS Littelfuse, Inc. - Common Stock $11,337 2.39% 24,900 $-8,326,663 Up ×1
MTZ MasTec, Inc. Common Stock $11,212 2.37% 26,950 $-10,182,788 Down ×1
WCC WESCO International, Inc. Common Stock $11,079 2.34% 32,075 $-5,335,921 Up ×1
AVGO Broadcom Inc. - Common Stock $8,847 1.87% 23,421 $-8,134,153 Down ×2
AMG Affiliated Managers Group, Inc. Common Stock $8,776 1.85% 25,935 $-5,076,224 Up ×2
AMZN Amazon.com, Inc. - Common Stock $8,533 1.80% 35,803 $-6,652,467 Up ×1
STT State Street Corporation Common Stock $7,720 1.63% 45,522 $-5,547,280 Up ×2
ABBV AbbVie Inc. Common Stock $7,555 1.59% 30,025 $-6,643,445 Down ×2
PFG Principal Financial Group Inc - Common Stock $7,411 1.56% 68,764 Up ×1
SANM Sanmina Corporation - Common Stock $7,245 1.53% 28,628 $-3,744,755 Down ×1
MYRG MYR Group, Inc. - Common Stock $5,437 1.15% 10,866 $-3,023,563 Up ×1
INDV Indivior Pharmaceuticals, Inc. - Common Stock $5,322 1.12% 129,734 Up ×1
APG APi Group Corporation Common Stock $5,234 1.10% 123,605 $-5,011,766 Down ×1
DOCU DocuSign, Inc. - Common Stock $5,054 1.07% 113,785 Up ×1
URBN Urban Outfitters, Inc. - Common Stock $4,769 1.01% 67,313 Up ×1
AEM Agnico Eagle Mines Limited Common Stock $4,710 0.99% 30,367 $-8,232,290 Down ×3
SN SharkNinja, Inc. Ordinary Shares $4,643 0.98% 30,495 Up ×1
VSEC VSE Corporation - Common Stock $4,527 0.96% 19,815 $-3,593,473 Up ×3
PSTG Everpure, Inc. Class A common stock $4,363 0.92% 55,376 Up ×1
CEF Sprott Physical Gold and Silver Trust Units $3,999 0.84% 99,416 $-4,742,001 Down ×1
WT WisdomTree, Inc. Common Stock $3,268 0.69% 192,923 Up ×1
QLYS Qualys, Inc. - Common Stock $2,749 0.58% 20,000 $-1,402,251 Up ×1
MSFT Microsoft Corporation - Common Stock $2,333 0.49% 6,256 $-1,055,667 Up ×2
EME EMCOR Group, Inc. Common Stock $2,326 0.49% 2,804 $-2,192,674 Down ×1
LRCX Lam Research Corporation - Common Stock $2,230 0.47% 5,148 $-1,096,770
LNTH Lantheus Holdings, Inc. - Common Stock $2,218 0.47% 20,000 $-1,514,782
FIX Comfort Systems USA, Inc. Common Stock $2,190 0.46% 1,105 $-1,520,810
UTHR United Therapeutics Corporation - Common Stock $2,167 0.46% 4,000 $-2,606,833 Down ×1
RLI RLI Corp. Common Stock (DE) $2,126 0.45% 36,000 $-1,708,874 Up ×2
HALO Halozyme Therapeutics, Inc. - Common Stock $2,035 0.43% 26,000 $-1,677,965
SFM Sprouts Farmers Market, Inc. - Common Stock $2,029 0.43% 24,000 $-1,848,971
LLY Eli Lilly and Company Common Stock $1,990 0.42% 1,660 $-279,010 Up ×1
ACGL Arch Capital Group Ltd. - Common Stock $1,941 0.41% 20,000 $-1,917,059
HRB H&R Block, Inc. Common Stock $1,904 0.40% 50,000 $-1,267,096 Up ×3
LMT Lockheed Martin Corporation Common Stock $1,894 0.40% 3,719 $-2,240,106 Up ×1
CPRX Catalyst Pharmaceuticals, Inc. - Common Stock $1,885 0.40% 60,000 $-1,483,115
BBWI Bath & Body Works, Inc. $1,850 0.39% 80,000 $-1,491,150
AMP Ameriprise Financial, Inc. Common Stock $1,835 0.39% 4,000 $-1,597,165 Up ×2
HRMY Harmony Biosciences Holdings, Inc. - Common Stock $1,820 0.38% 50,000 $-1,398,180
TSM Taiwan Semiconductor Manufacturing Company Ltd. $1,799 0.38% 3,768 $-1,207,201 Up ×1
IBKR Interactive Brokers Group, Inc. - Class A Common Stock $1,740 0.37% 20,000 $-2,010,260 Down ×2
LRN Stride, Inc. Common Stock $1,724 0.36% 20,000 $-1,761,276
ET Energy Transfer LP Common Units $1,660 0.35% 86,872 $-1,674,340
ADBE Adobe Inc. - Common Stock $1,640 0.35% 8,000 Up ×1
FCFS FirstCash Holdings, Inc. - Common Stock $1,598 0.34% 7,390 $-1,546,402 Down ×1
INVA Innoviva, Inc. - Common Stock $1,589 0.34% 70,000 $-1,629,411
CTSH Cognizant Technology Solutions Corporation - Class A Common Stock $1,549 0.33% 40,000 Up ×1
BKE Buckle, Inc. (The) Common Stock $1,519 0.32% 36,000 $-1,508,481 Up ×2
CROX Crocs, Inc. - Common Stock $1,447 0.31% 12,000 $-1,658,553 Down ×1
WSM Williams-Sonoma, Inc. Common Stock (DE) $1,398 0.30% 6,000 $-1,456,602 Down ×1
LULU lululemon athletica inc. - Common Stock $1,370 0.29% 12,000 $-1,222,630 Up ×1
MRK Merck & Company, Inc. Common Stock (new) $1,261 0.27% 9,815 $-746,739 Up ×2
MLI Mueller Industries, Inc. Common Stock $1,229 0.26% 10,000 $-1,549,771 Down ×2
BBW Build-A-Bear Workshop, Inc. Common Stock $1,224 0.26% 40,000 $-971,776 Up ×1
CSCO Cisco Systems, Inc. - Common Stock $1,219 0.26% 10,383 $-803,781
BAH Booz Allen Hamilton Holding Corporation Common Stock $1,213 0.26% 20,000 Up ×1
CAT Caterpillar, Inc. Common Stock $1,203 0.25% 1,130 $-1,020,797 Down ×1
JNJ Johnson & Johnson Common Stock $1,197 0.25% 4,714 $-1,127,803 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $1,175 0.25% 3,327 $-952,825
BWXT BWX Technologies, Inc. Common Stock $1,173 0.25% 6,029 $-1,230,827
AMKR Amkor Technology, Inc. - Common Stock $1,172 0.25% 13,595 $-610,828
APH Amphenol Corporation Common Stock $1,081 0.23% 6,131 $-772,919
PSMT PriceSmart, Inc. - Common Stock $1,079 0.23% 5,526 Up ×1
BA Boeing Company (The) Common Stock $1,057 0.22% 4,885 $-970,943
BSM Black Stone Minerals, L.P. Common units representing limited partner interests $1,055 0.22% 75,577 $-1,140,945
UGI UGI Corporation Common Stock $1,024 0.22% 29,656 $-1,041,976 Up ×1
AMAT Applied Materials, Inc. - Common Stock $969 0.20% 1,341 Up ×1
BTC Grayscale Bitcoin Mini Trust (BTC) $856 0.18% 33,000 Up ×1
CAH Cardinal Health, Inc. Common Stock $849 0.18% 3,578 $-755,151
PLTR Palantir Technologies Inc. - Class A Common Stock $840 0.18% 7,200 $-1,052,160
GLD SPDR Gold Shares $779 0.16% 2,116 $-909,221
LAMR Lamar Advertising Company - Class A Common Stock $753 0.16% 4,830 $-610,247
IBM International Business Machines Corporation Common Stock $750 0.16% 2,668 $-645,250
MS Morgan Stanley Common Stock $722 0.15% 3,457 $-512,278 Up ×1
SCCO Southern Copper Corporation Common Stock $705 0.15% 4,051 $-817,295 Down ×1
VCIT Vanguard Intermediate-Term Corporate Bond ETF $701 0.15% 8,483 Up ×1
GILD Gilead Sciences, Inc. - Common Stock $646 0.14% 5,121 $-712,354
VUG Vanguard Morningstar Growth ETF $620 0.13% 7,200 $-523,380 Up ×1
AES The AES Corporation Common Stock $581 0.12% 39,675 $-554,419 Up ×1
CVX Chevron Corporation Common Stock $549 0.12% 3,315 $-857,451 Down ×1
PAYX Paychex, Inc. - Common Stock $512 0.11% 5,215 $-448,488 Up ×2
KRP Kimbell Royalty Partners Common Units Representing Limited Partner Interests $507 0.11% 34,959 Up ×1
JPM JP Morgan Chase & Co. Common Stock $489 0.10% 1,495 $-534,511 Down ×1
HD Home Depot, Inc. (The) Common Stock $488 0.10% 1,385 $-251,512 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
CRS $16,141 3.41% up ×3
BK $13,109 2.77% up ×3
GS $12,070 2.55% up ×3
EBAY $11,521 2.43% up ×3
VSEC $4,527 0.96% up ×3
HRB $1,904 0.40% up ×3
CVS $484 0.10% up ×3
BBY $278 0.06% up ×3
ACN $239 0.05% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
PFG $7,411 68,764 1.56%
INDV $5,322 129,734 1.12%
DOCU $5,054 113,785 1.07%
URBN $4,769 67,313 1.01%
SN $4,643 30,495 0.98%
PSTG $4,363 55,376 0.92%
WT $3,268 192,923 0.69%
ADBE $1,640 8,000 0.35%
CTSH $1,549 40,000 0.33%
BAH $1,213 20,000 0.26%
PSMT $1,079 5,526 0.23%
AMAT $969 1,341 0.20%
BTC $856 33,000 0.18%
VCIT $701 8,483 0.15%
KRP $507 34,959 0.11%

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
NFG June 30, 2026 77,935 $7,322,000 4.3%
CWAN June 30, 2026 248,690 $5,881,000 No longer tracked
HII June 30, 2026 14,601 $5,546,000 -2.1%
MCK June 30, 2026 6,391 $5,530,000 32.4%
SCHW June 30, 2026 47,626 $4,475,000 -1.8%
TXT June 30, 2026 46,211 $4,046,000 -16.2%
FSM June 30, 2026 398,548 $3,957,000 8.6%
COR June 30, 2026 12,511 $3,930,000 17.0%
JLL June 30, 2026 11,165 $3,397,000 -3.1%
IMAX June 30, 2026 89,208 $3,390,000 33.9%
SIMO June 30, 2026 28,472 $3,197,000 -43.8%
SMG June 30, 2026 44,784 $2,723,000 -12.9%
HCA June 30, 2026 4,929 $2,332,000 20.3%
RGLD June 30, 2026 8,260 $2,102,000 13.9%
GRBK June 30, 2026 24,000 $1,546,000 -19.5%
AGI June 30, 2026 24,876 $1,105,000 -1.3%
ARKB June 30, 2026 44,676 $1,004,000 38.3%
SR June 30, 2026 10,551 $955,000 9.2%
CDE June 30, 2026 41,738 $783,000 -17.6%
GEV June 30, 2026 695 $606,000 -30.6%
AMGN June 30, 2026 1,709 $601,000 21.3%
EQX June 30, 2026 37,206 $537,000 No longer tracked
PKG June 30, 2026 2,509 $532,000 3.8%
WMT June 30, 2026 3,048 $378,000 5.9%
TSLA June 30, 2026 742 $275,000 -11.5%
RMBS June 30, 2026 3,018 $259,000 -35.5%
CMI June 30, 2026 452 $243,000 -27.5%
FSLR June 30, 2026 1,234 $243,000 -27.1%
KDP June 30, 2026 8,800 $231,000 6.0%
ROAD June 30, 2026 1,961 $217,000 -30.1%
BP June 30, 2026 4,459 $209,000 38.9%
C June 30, 2026 1,832 $207,000 -13.8%
RKT June 30, 2026 10,912 $155,000 -25.5%
LYG June 30, 2026 25,181 $126,000 -8.6%
VYGR June 30, 2026 19,800 $76,000 -50.3%
NWG March 31, 2026 486,995 $8,522 12.8%
COF March 31, 2026 31,633 $7,666 10.4%
AXP March 31, 2026 18,447 $6,824 3.6%
FFIV Dec. 31, 2025 19,910 $6,434 78.4%
TWLO Sept. 30, 2025 50,277 $6,252 161.6%
EQH Dec. 31, 2025 119,920 $6,089 10.7%
GLW June 30, 2025 123,926 $5,673 135.2%
EA March 31, 2026 26,973 $5,511 No longer tracked
JNJ June 30, 2025 32,308 $5,357 72.7%
SAP Sept. 30, 2025 17,515 $5,326 -10.9%
WTW June 30, 2025 15,637 $5,284 6.0%
WFC March 31, 2026 56,063 $5,225 3.5%
CCEP Sept. 30, 2025 51,418 $4,767 22.6%
HLI Dec. 31, 2025 22,066 $4,530 -24.6%
AM March 31, 2026 240,474 $4,278 -8.6%
FISV June 30, 2025 18,956 $4,186 -71.1%
GEN Dec. 31, 2025 146,762 $4,166 -8.5%
LH Dec. 31, 2025 13,386 $3,842 31.1%
COF June 30, 2025 21,351 $3,828 -5.4%
SF June 30, 2025 40,330 $3,801
USFD Dec. 31, 2025 49,162 $3,766 34.0%
BKNG Dec. 31, 2025 666 $3,595
BKR June 30, 2025 81,806 $3,595 45.7%
DVA June 30, 2025 23,035 $3,523 28.9%
SPOT Dec. 31, 2025 5,045 $3,521 0.6%
DG Dec. 31, 2025 31,229 $3,227 -0.1%
VRTX June 30, 2025 6,596 $3,197 17.7%
FNF June 30, 2025 47,853 $3,114
PINS June 30, 2025 93,962 $2,912 -37.8%
EEFT Sept. 30, 2025 23,121 $2,344 -25.3%
ACLS Dec. 31, 2025 24,000 $2,343 32.7%
YELP Sept. 30, 2025 63,703 $2,183 -35.9%
DHI Dec. 31, 2025 12,000 $2,033 2.4%
EQNR Dec. 31, 2025 70,000 $1,706 106.6%
CB Sept. 30, 2025 5,750 $1,665 25.8%
TOL March 31, 2026 10,055 $1,359 2.5%
YETI June 30, 2025 38,000 $1,257 35.8%
SE March 31, 2026 9,794 $1,249 -9.9%
ULTA March 31, 2026 2,000 $1,210 19.5%
SQM June 30, 2025 30,000 $1,191 62.0%
PCAR June 30, 2025 12,000 $1,168 12.5%
FTNT Sept. 30, 2025 10,909 $1,153 114.1%
ANET June 30, 2025 14,190 $1,099 68.5%
SNA Dec. 31, 2025 3,003 $1,040 3.6%
PATH Sept. 30, 2025 81,219 $1,039 5.6%
TBBK Dec. 31, 2025 13,780 $1,031 -24.7%
APAM June 30, 2025 26,000 $1,016 -24.3%
UHS March 31, 2026 4,402 $959 4.4%
EXPE March 31, 2026 2,907 $823 25.2%
ARMK Sept. 30, 2025 18,582 $778 36.9%
BWXT Dec. 31, 2025 3,945 $727 -26.4%
WLDN Sept. 30, 2025 11,599 $725 -25.0%
OKE Sept. 30, 2025 8,467 $691 31.3%
SHLD Sept. 30, 2025 10,997 $662
C Dec. 31, 2025 6,396 $649 3.4%
EQT Sept. 30, 2025 9,673 $564 2.2%
TMUS June 30, 2025 2,087 $556 -38.5%
XLF Sept. 30, 2025 10,426 $546 3.8%
EXLS Sept. 30, 2025 12,309 $539 -3.9%
BIB Dec. 31, 2025 8,980 $534
EMLP Sept. 30, 2025 13,765 $516
HMN Dec. 31, 2025 11,338 $512 0.3%
KIE Sept. 30, 2025 8,517 $508 6.1%
PGR Sept. 30, 2025 1,806 $481 -7.6%
CCI June 30, 2025 4,600 $479 -16.3%
SU June 30, 2025 12,329 $477 112.0%
XLE Sept. 30, 2025 5,513 $467 55.2%
D Sept. 30, 2025 8,009 $452 6.6%
STZ Dec. 31, 2025 3,284 $442 0.5%
JNPR Sept. 30, 2025 11,026 $440 No longer tracked
QCOM Sept. 30, 2025 2,614 $416 5.7%
TGT Sept. 30, 2025 3,656 $360 70.3%
NAGE Sept. 30, 2025 24,246 $349 -74.0%
VYM March 31, 2026 2,346 $336
PRU March 31, 2026 2,949 $332 17.7%
TXRH June 30, 2025 1,753 $292 -11.6%
PH June 30, 2025 455 $276 26.1%
BBY June 30, 2025 3,726 $274 48.8%
NMIH Dec. 31, 2025 7,128 $273 4.3%
TDG Sept. 30, 2025 180 $273 -16.2%
UPS Sept. 30, 2025 2,584 $260 21.0%
PAA Sept. 30, 2025 14,002 $256 56.1%
HURN March 31, 2026 1,448 $250 53.5%
QCOM March 31, 2026 1,455 $248 36.6%
PYPL Sept. 30, 2025 3,307 $245 -15.0%
QSR Dec. 31, 2025 3,747 $240 10.4%
PFE Dec. 31, 2025 9,192 $234 20.6%
DIS March 31, 2026 1,846 $210 16.7%
XOM Dec. 31, 2025 1,867 $210 52.2%
BMY June 30, 2025 3,438 $209 32.8%
ROK March 31, 2026 534 $207 18.7%
RMBS Dec. 31, 2025 1,973 $205 -6.8%
LZ March 31, 2026 13,601 $135 23.3%
AUR Sept. 30, 2025 20,343 $106 -10.8%