Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +29.8%
S&P 500 total return (same window) +37.0%
Excess return -7.2%

Annualized: +23.2% · S&P 500: +28.7%

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: 95.1% · Options excluded: 0.0%

Sector breakdown

04
Technology 27.1%
Financials 11.9%
Industrials 11.3%
Communication Services 9.2%
Healthcare 7.9%
Retail 7.4%
Energy 4.4%
Consumer Discretionary 3.3%
Consumer Staples 2.4%
Materials 1.7%
Consumer products 1.4%
Utilities 0.6%
Real Estate 0.5%
Other/Unmapped 11.0%

Full portfolio 518 positions

05
Type Streak 8Q trend
NVDA NVIDIA Corporation - Common Stock $16,667,497 6.50% 83,300 $1,292,393 Down ×3
AAPL Apple Inc. - Common Stock $14,892,492 5.80% 51,467 $1,428,932 Down ×3
MSFT Microsoft Corporation - Common Stock $12,948,643 5.05% 34,713 $1,027,688 Up ×4
AMZN Amazon.com, Inc. - Common Stock $9,532,409 3.72% 39,995 $587,837 Down ×2
GOOGL Alphabet Inc. - Class A Common Stock $8,263,467 3.22% 23,123 $926,661 Down ×3
AVGO Broadcom Inc. - Common Stock $7,186,694 2.80% 19,025 $1,650,798 Up ×2
GOOG Alphabet Inc. - Class C Capital Stock $6,556,392 2.56% 18,556 $934,797 Down ×6
CAT Caterpillar, Inc. Common Stock $5,727,032 2.23% 5,378 $1,367,878 Down ×3
JPM JP Morgan Chase & Co. Common Stock $5,310,602 2.07% 16,224 $631,987 Up ×1
XOM Exxon Mobil Corporation Common Stock $5,303,642 2.07% 38,792 $-1,179,576 Up ×1
UNP Union Pacific Corporation Common Stock $4,517,648 1.76% 16,609 $553,480 Up ×4
CCNE CNB Financial Corporation - Common Stock $4,441,288 1.73% 131,750 $544,677 Down ×3
VTI Vanguard Morningstar Total Stock Market ETF $3,934,265 1.53% 10,632 $523,413
V Visa Inc. $3,798,349 1.48% 11,071 $586,747 Up ×4
TSLA Tesla, Inc. - Common Stock $3,728,619 1.45% 8,865 $246,436 Down ×3
ABBV AbbVie Inc. Common Stock $3,655,322 1.42% 14,526 $541,300 Up ×2
META Meta Platforms, Inc. - Class A Common Stock $3,499,158 1.36% 6,212 $-72,077 Down ×2
RTX RTX Corporation Common Stock $3,308,132 1.29% 17,436 $-103 Up ×1
LRCX Lam Research Corporation - Common Stock $3,160,276 1.23% 7,293 $1,212,552 Down ×5
CSCO Cisco Systems, Inc. - Common Stock $3,117,153 1.22% 26,538 $945,952 Down ×2
HD Home Depot, Inc. (The) Common Stock $3,038,691 1.18% 8,616 $415,464 Up ×4
COST Costco Wholesale Corporation - Common Stock $2,956,085 1.15% 3,160 $-131,852 Up ×4
MRK Merck & Company, Inc. Common Stock (new) $2,848,332 1.11% 22,166 $272,322 Up ×1
WMT Walmart Inc. - Common Stock $2,631,143 1.03% 23,231 $-223,941 Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $2,441,403 0.95% 4,879 $521,249 Up ×6
PG Procter & Gamble Company (The) Common Stock $2,415,161 0.94% 16,470 $102,965 Up ×4
ETN Eaton Corporation, PLC Ordinary Shares $2,353,887 0.92% 5,524 $441,068 Up ×6
LLY Eli Lilly and Company Common Stock $2,334,091 0.91% 1,946 $844,983 Up ×3
IVV iShares Trust $2,236,186 0.87% 2,986 $285,701
MCD McDonald's Corporation Common Stock $1,958,396 0.76% 7,245 $-173,934 Up ×3
AMP Ameriprise Financial, Inc. Common Stock $1,942,849 0.76% 4,235 $162,583 Up ×4
KO Coca-Cola Company (The) Common Stock $1,885,139 0.73% 23,196 $76,898 Down ×3
JNJ Johnson & Johnson Common Stock $1,872,267 0.73% 7,372 $33,590 Down ×3
PANW Palo Alto Networks, Inc. - Common Stock $1,842,191 0.72% 5,402 $844,360 Down ×1
CVX Chevron Corporation Common Stock $1,734,844 0.68% 10,466 $-447,744 Down ×3
BKNG Booking Holdings Inc. - Common Stock $1,715,560 0.67% 9,625 $553,512 Up ×3
PEP PepsiCo, Inc. - Common Stock $1,634,684 0.64% 12,073 $-125,994 Up ×4
CB Chubb Limited Common Stock $1,618,856 0.63% 4,751 $159,341 Up ×6
SPY SPY $1,573,444 0.61% 2,107 $170,010 Down ×1
NOC Northrop Grumman Corporation Common Stock $1,400,603 0.55% 2,750 $-436,669 Up ×1
TMO Thermo Fisher Scientific Inc Common Stock $1,396,288 0.54% 2,785 $213,667 Up ×6
PNC PNC Financial Services Group, Inc. (The) Common Stock $1,396,068 0.54% 5,670 $272,798 Up ×4
TEL TE Connectivity plc Ordinary Shares $1,302,804 0.51% 6,462 $17,958 Up ×6
IVW iShares S&P 500 Growth ETF $1,292,782 0.50% 9,400 $229,548
COP ConocoPhillips Common Stock $1,270,599 0.50% 12,222 $-289,905 Up ×1
PM Philip Morris International Inc Common Stock $1,202,690 0.47% 6,648 $65,151 Down ×3
VXUS Vanguard Total International Stock ETF $1,177,881 0.46% 13,778 $115,459
ISRG Intuitive Surgical, Inc. - Common Stock $1,154,067 0.45% 2,902 $-347,838 Down ×6
VYMI Vanguard International High Dividend Yield ETF $1,134,701 0.44% 11,555 $46,135 Up ×2
CRM Salesforce, Inc. Common Stock $1,094,740 0.43% 6,988 $-9,226 Up ×4
ECL Ecolab Inc. Common Stock $1,094,659 0.43% 3,929 $130,336 Up ×6
WMB Williams Companies, Inc. (The) Common Stock $1,081,647 0.42% 14,550 $-5,468 Down ×6
APH Amphenol Corporation Common Stock $1,072,554 0.42% 6,083 $146,534 Down ×5
PFE Pfizer, Inc. Common Stock $1,066,479 0.42% 44,289 $-179,851 Down ×1
DHR Danaher Corporation Common Stock $1,058,497 0.41% 5,557 $109,739 Up ×6
TAXF American Century Diversified Municipal Bond ETF $1,039,627 0.41% 20,451 $92,080 Up ×1
BX Blackstone Inc. Common Stock $1,013,727 0.40% 8,615 $277,446 Up ×5
MS Morgan Stanley Common Stock $945,279 0.37% 4,522 $199,942 Down ×3
ORCL Oracle Corporation Common Stock $930,886 0.36% 6,352 $121 Up ×1
QCOM QUALCOMM Incorporated - Common Stock $906,765 0.35% 4,907 $226,935 Down ×6
SHM SPDR SERIES TRUST $897,953 0.35% 18,721 $-20,574 Down ×2
GE GE Aerospace Common Stock $896,578 0.35% 2,399 $215,814
VTHR Vanguard Russell 3000 ETF $875,627 0.34% 2,642 $115,855
ASML ASML Holding N.V. - New York Registry Shares $839,544 0.33% 422 $115,729 Down ×5
IJR iShares Trust $822,972 0.32% 5,549 $133,176
NFLX Netflix, Inc. - Common Stock $811,461 0.32% 11,365 $-497,044 Down ×2
DDOG Datadog, Inc. - Class A Common Stock $807,116 0.31% 3,100 $388,510 Down ×1
URI United Rentals, Inc. Common Stock $800,953 0.31% 707 $239,233 Down ×1
MPWR Monolithic Power Systems, Inc. - Common Stock $797,622 0.31% 577 $-9,270 Down ×6
DOW Dow Inc. Common Stock $792,838 0.31% 28,978 $-771,369 Down ×1
ARM Arm Holdings plc - American Depositary Shares $753,107 0.29% 2,124 $696,226 Up ×1
SHW Sherwin-Williams Company (The) Common Stock $746,486 0.29% 2,168 $-12,897 Down ×5
NOW ServiceNow, Inc. Common Stock $731,694 0.29% 7,370 $-166,077 Down ×2
GEV GE Vernova Inc. Common Stock $727,238 0.28% 619 $261,109 Up ×1
APD Air Products and Chemicals, Inc. Common Stock $703,925 0.27% 2,401 $-74,007 Down ×1
MPB Mid Penn Bancorp - Common Stock $701,678 0.27% 20,140 $53,976
FTV Fortive Corporation Common Stock $700,886 0.27% 11,473 $133,105 Up ×6
AMAT Applied Materials, Inc. - Common Stock $689,742 0.27% 954 $408,107 Up ×1
SNPS Synopsys, Inc. - Common Stock $689,624 0.27% 1,546 $-103,733 Down ×5
AMT American Tower Corporation (REIT) Common Stock $652,808 0.25% 3,991 $801 Up ×4
PLTR Palantir Technologies Inc. - Class A Common Stock $619,868 0.24% 5,313 $243,051 Up ×4
ADBE Adobe Inc. - Common Stock $606,859 0.24% 2,960 $-47,026 Up ×2
IBM International Business Machines Corporation Common Stock $604,882 0.24% 2,151 $89,318 Up ×1
ODFL Old Dominion Freight Line, Inc. - Common Stock $593,701 0.23% 2,741 $-29,625 Down ×1
CTAS Cintas Corporation - Common Stock $579,633 0.23% 3,408 $35,847 Up ×1
CL Colgate-Palmolive Company Common Stock $575,475 0.22% 6,277 $40,486
INTC Intel Corporation - Common Stock $563,966 0.22% 4,039 $415,910 Up ×1
ACWX iShares MSCI ACWI ex U.S. ETF $562,605 0.22% 7,392 $56,475
NSC Norfolk Southern Corporation Common Stock $562,172 0.22% 1,787 $49,303
MNST Monster Beverage Corporation - Common Stock $542,790 0.21% 5,647 $366,422 Up ×1
SHOP Shopify Inc. - Class A Subordinate Voting Shares $539,729 0.21% 4,727 $-139,726 Down ×5
PWR Quanta Services, Inc. Common Stock $537,870 0.21% 747 $318,262 Up ×2
PPG PPG Industries, Inc. Common Stock $537,800 0.21% 4,434 $63,894
QQQ Invesco QQQ Trust, Series 1 $536,836 0.21% 729 $137,427 Up ×2
PGR Progressive Corporation (The) Common Stock $532,581 0.21% 2,438 $-93,263 Down ×3
ZTS Zoetis Inc. Class A Common Stock $532,267 0.21% 7,407 $-236,925 Up ×4
LMT Lockheed Martin Corporation Common Stock $505,385 0.20% 992 $-94,170
LECO Lincoln Electric Holdings, Inc. - Common Shares $505,000 0.20% 1,902 $-51,195 Down ×3
EFA iShares Trust $498,416 0.19% 4,798 $35,300 Up ×2
SYK Stryker Corporation Common Stock $498,392 0.19% 1,583 $-79,927 Down ×1

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
MSFT $12,948,643 5.05% up ×4
UNP $4,517,648 1.76% up ×4
V $3,798,349 1.48% up ×4
HD $3,038,691 1.18% up ×4
COST $2,956,085 1.15% up ×4
BRK-B (filed as BRKB) $2,441,403 0.95% up ×6
PG $2,415,161 0.94% up ×4
ETN $2,353,887 0.92% up ×6
LLY $2,334,091 0.91% up ×3
MCD $1,958,396 0.76% up ×3
AMP $1,942,849 0.76% up ×4
BKNG $1,715,560 0.67% up ×3
PEP $1,634,684 0.64% up ×4
CB $1,618,856 0.63% up ×6
TMO $1,396,288 0.54% up ×6

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
HOOD $151,323 1,509 0.06%
FTI $58,079 876 0.02%
PFFA $51,425 2,500 0.02%
EXPE $31,985 125 0.01%
VST $19,987 126 0.01%
LITE $8,581 10 0.00%
APLD $7,460 200 0.00%
MRVL $7,447 25 0.00%
KTOS $4,986 100 0.00%
Unknown issuer (CUSIP: 77926X338) $3,231 100 0.00%
BHF $823 13 0.00%
DFTX $470 10 0.00%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
AVGO Bought more +1K +$1.7M
AAPL Trimmed -2K +$1.4M
CAT Trimmed -775 +$1.4M
NVDA Trimmed -5K +$1.3M
LRCX Trimmed -2K +$1.2M
XOM Bought more +579 -$1.2M
MSFT Bought more +3K +$1.0M
CSCO Trimmed -1K +$946K
GOOG Trimmed -1K +$935K
GOOGL Trimmed -2K +$927K

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
IBTF Dec. 31, 2025 6,075 $141,942 No longer tracked
DVN March 31, 2026 3,800 $139,194 -4.9%
SMH June 30, 2025 516 $109,119 126.3%
POOL June 30, 2026 468 $94,691 -26.1%
FTNT Sept. 30, 2025 663 $70,092 116.8%
DFS June 30, 2025 400 $68,280 No longer tracked
LYB Sept. 30, 2025 939 $54,331 19.7%
FFIV Sept. 30, 2025 167 $49,151 41.3%
CMI Sept. 30, 2025 132 $43,230 24.1%
TTD June 30, 2026 1,796 $40,751 -33.9%
WDC Sept. 30, 2025 577 $36,922 267.5%
ARCC Sept. 30, 2025 1,620 $35,575 -7.1%
HTGC Sept. 30, 2025 1,848 $33,781 -11.1%
SPGM June 30, 2025 521 $32,521 26.7%
FLEX Sept. 30, 2025 592 $29,553 104.3%
SMCI Sept. 30, 2025 600 $29,406 -9.8%
OGE June 30, 2025 600 $27,576 1.5%
CAVA June 30, 2026 337 $27,264 -32.7%
ATRO June 30, 2025 1,072 $25,910 104.1%
CF Sept. 30, 2025 256 $23,552 29.9%
SJM Sept. 30, 2025 234 $22,979 8.3%
DD June 30, 2026 500 $22,900 -3.3%
UBER March 31, 2026 278 $22,715 -3.4%
LUV Sept. 30, 2025 613 $19,886 32.0%
UBER Sept. 30, 2025 205 $19,127 -29.0%
IDCC Sept. 30, 2025 81 $18,163 -1.7%
LULU Sept. 30, 2025 74 $17,581 -48.3%
DELL Sept. 30, 2025 137 $16,796 291.4%
USO June 30, 2026 130 $16,543 35.5%
SCHG June 30, 2025 660 $16,526 24.1%
SWKS Sept. 30, 2025 212 $15,798 6.9%
FLO Sept. 30, 2025 908 $14,510 -57.8%
NVO Dec. 31, 2025 250 $13,873 -27.2%
SRE Sept. 30, 2025 182 $13,790 -12.8%
MNST Dec. 31, 2025 200 $13,462 12.3%
SCHF June 30, 2025 638 $12,620 26.3%
CRCL Dec. 31, 2025 92 $12,197 5.2%
TLRY Dec. 31, 2025 6,646 $11,498 -58.3%
FHI Sept. 30, 2025 256 $11,346 7.9%
IXUS Sept. 30, 2025 145 $11,210
WTRG Sept. 30, 2025 300 $11,142 -3.0%
CRC Dec. 31, 2025 200 $10,636 18.1%
AMSF Sept. 30, 2025 240 $10,495 -45.8%
RLI June 30, 2025 128 $10,282 -22.7%
PRLB Dec. 31, 2025 205 $10,256 93.8%
CTRA June 30, 2026 260 $9,136 No longer tracked
GEN Dec. 31, 2025 312 $8,858 -18.5%
ANSS Sept. 30, 2025 25 $8,781 No longer tracked
SNDK Sept. 30, 2025 192 $8,707 1432.5%
IQV June 30, 2025 49 $8,639 65.9%
ADSK June 30, 2026 35 $8,379 14.4%
SCI Sept. 30, 2025 100 $8,140 -8.0%
EW March 31, 2026 89 $7,587 8.6%
AEO Sept. 30, 2025 779 $7,494 3.1%
ZBH Dec. 31, 2025 69 $6,797 0.0%
RIOT Sept. 30, 2025 600 $6,780 1.8%
TAYD June 30, 2025 205 $6,615 29.9%
IBDQ Dec. 31, 2025 254 $6,398
CIVI Sept. 30, 2025 228 $6,275 No longer tracked
CCL March 31, 2026 200 $6,108 -0.6%
ALC June 30, 2026 80 $6,028 -4.9%
RPM June 30, 2026 60 $5,964 -11.0%
ASH June 30, 2025 100 $5,929 37.4%
NXT Sept. 30, 2025 103 $5,600 13.1%
LMND Dec. 31, 2025 100 $5,353 -34.8%
LW June 30, 2025 100 $5,330 -15.7%
SCHE June 30, 2025 173 $4,770
DG June 30, 2026 40 $4,749 3.1%
SCHA June 30, 2025 196 $4,592 30.9%
PAA June 30, 2025 200 $4,000 31.2%
CYPH June 30, 2026 5,000 $3,973 393.5%
ELV March 31, 2026 11 $3,856 31.8%
MYD March 31, 2026 361 $3,787 No longer tracked
IT June 30, 2026 22 $3,483 44.5%
ELAN June 30, 2026 144 $3,446 -9.9%
CBSH June 30, 2026 67 $3,296 -4.8%
PARA Sept. 30, 2025 250 $3,225
EL Sept. 30, 2025 38 $3,070 6.3%
SNOW June 30, 2025 20 $2,923 52.0%
SLVM Sept. 30, 2025 53 $2,655 -25.8%
ELS June 30, 2026 41 $2,559 -10.0%
CDW March 31, 2026 16 $2,179 12.9%
MAR June 30, 2025 8 $1,906 30.7%
MAT June 30, 2025 88 $1,710 -23.4%
SAM March 31, 2026 8 $1,561 -28.4%
DHI Dec. 31, 2025 8 $1,356 -6.8%
MSI June 30, 2025 3 $1,313 7.4%
BAX June 30, 2026 75 $1,260 12.1%
ABNB Sept. 30, 2025 8 $1,059 33.8%
ITA Sept. 30, 2025 5 $943 -0.7%
CXT June 30, 2025 18 $925 -8.9%
MTCH Sept. 30, 2025 22 $680 14.5%
HRTX Dec. 31, 2025 500 $630 -72.0%
HOOD Sept. 30, 2025 6 $562 -20.1%
NOK June 30, 2025 105 $553 98.6%
AWAY Sept. 30, 2025 20 $430
BLNK Dec. 31, 2025 225 $369 -17.1%
ASO Sept. 30, 2025 8 $358 -0.8%
RAL March 31, 2026 7 $356 77.9%
PLUG Dec. 31, 2025 150 $350 -5.1%
Z Sept. 30, 2025 5 $350 -64.0%
UAL Sept. 30, 2025 3 $239 16.1%
FISV March 31, 2026 3 $202 -18.3%
PSIL Sept. 30, 2025 14 $194 22.2%
ICLN Sept. 30, 2025 13 $170
MJ Sept. 30, 2025 8 $144 -34.5%
MNMD March 31, 2026 10 $134 No longer tracked
BNDX Dec. 31, 2025 2 $99
ITB Sept. 30, 2025 1 $93
UAMY June 30, 2025 34 $75 80.5%
MRNA Sept. 30, 2025 2 $55 633.4%
ZOMDF June 30, 2025 300 $17 No longer tracked
MYGN Sept. 30, 2025 1 $5 -37.5%
RENB Sept. 30, 2025 15 $4 No longer tracked
NKLAQ June 30, 2025 16 $2 No longer tracked