Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +43.2%
S&P 500 total return (same window) +37.0%
Excess return +6.2%

Annualized: +33.3% · 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: 91.3% · Options excluded: 0.0%

Sector breakdown

04
Technology 24.1%
Industrials 22.5%
Financials 14.1%
Communication Services 13.7%
Healthcare 10.6%
Retail 3.8%
Other/Unmapped 11.1%

Full portfolio 33 positions

05
Type Streak 8Q trend
NVDA NVIDIA Corporation - Common Stock $39,132,602 13.54% 195,575 $-630,598 Down ×1
GEV GE Vernova Inc. Common Stock $24,227,963 8.39% 20,622 $5,720,737 Down ×1
GE GE Aerospace Common Stock $20,114,770 6.96% 53,875 $4,698,965 Down ×1
LLY Eli Lilly and Company Common Stock $18,777,077 6.50% 15,655 $1,871,704 Down ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $17,628,740 6.10% 35,230 $2,917,300 Up ×3
MSFT Microsoft Corporation - Common Stock $14,062,854 4.87% 37,700 $-225,708 Down ×1
META Meta Platforms, Inc. - Class A Common Stock $14,003,389 4.85% 24,860 $-585,926 Down ×1
GOOGL Alphabet Inc. - Class A Common Stock $13,154,790 4.55% 36,810 $2,745,118 Up ×1
SPY SPY $12,593,455 4.36% 16,870 $1,362,083 Down ×1
GOOG Alphabet Inc. - Class C Capital Stock $12,384,217 4.29% 35,050 $2,140,446 Down ×1
AMZN Amazon.com, Inc. - Common Stock $10,939,806 3.79% 45,900 $1,380,213
JPM JP Morgan Chase & Co. Common Stock $9,140,373 3.16% 28,050 $-1,907,542 Down ×1
ETN Eaton Corporation, PLC Ordinary Shares $8,479,788 2.93% 19,900 $3,791,988 Down ×1
AVGO Broadcom Inc. - Common Stock $7,932,750 2.75% 21,000 $1,433,040
RYCEY CUSIP: 775781206 $7,449,750 2.58% 387,000 $1,451,370 Down ×1
MA Mastercard Incorporated Common Stock $7,280,908 2.52% 14,200 $247,828 Up ×1
TMO Thermo Fisher Scientific Inc Common Stock $6,680,622 2.31% 13,325 $118,696 Down ×1
BA Boeing Company (The) Common Stock $6,277,630 2.17% 29,000 $1,003,335 Up ×1
V Visa Inc. $6,099,797 2.11% 17,779 $698,768 Down ×1
QQQ Invesco QQQ Trust, Series 1 $4,992,792 1.73% 6,780 $1,079,512
HON Honeywell International Inc. - Common Stock $3,923,848 1.36% 17,525 $-3,682,062 Down ×1
Unknown issuer (CUSIP: 43849r105) $3,874,427 1.34% 17,525 Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $3,772,803 1.31% 7,900 $1,170,588 Up ×1
IJK iShares Trust $2,590,875 0.90% 22,050 $326,925 Down ×1
SHOP Shopify Inc. - Class A Subordinate Voting Shares $2,340,690 0.81% 20,500 $-565,500 Down ×1
TDY Teledyne Technologies Incorporated Common Stock $2,067,390 0.72% 3,100 $191,859
ISRG Intuitive Surgical, Inc. - Common Stock $1,928,748 0.67% 4,850 $-293,224 Up ×1
GEHC GE HealthCare Technologies Inc. - Common Stock $1,676,870 0.58% 26,197 $-1,206,626 Down ×1
VRTX Vertex Pharmaceuticals Incorporated - Common Stock $1,673,980 0.58% 3,370 $334,360 Up ×1
NXPI NXP Semiconductors N.V. - Common Stock $1,545,665 0.53% 5,500 $462,935
AAPL Apple Inc. - Common Stock $868,080 0.30% 3,000 $106,710
Unknown issuer (CUSIP: 83443q103) $664,500 0.23% 7,500 Up ×1
AXP American Express Company Common Stock $640,927 0.22% 1,900 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
BRK-B (filed as BRKB) $17,628,740 6.10% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
Unknown issuer (CUSIP: 43849r105) $3,874,427 17,525 1.34%
Unknown issuer (CUSIP: 83443q103) $664,500 7,500 0.23%
AXP $640,927 1,900 0.22%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
GEV Trimmed -580 +$5.7M
GE Trimmed -450 +$4.7M
ETN Trimmed -100 +$3.8M
HON Trimmed -16K -$3.7M
BRK-B (filed as BRKB) Bought more +5K +$2.9M
GOOGL Bought more +610 +$2.7M
GOOG Trimmed -660 +$2.1M
JPM Trimmed -10K -$1.9M
LLY Trimmed -3K +$1.9M
RYCEY Trimmed -2K +$1.5M

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
CRM Sept. 30, 2025 18,500 $5,044,765 -1.0%
ROP Dec. 31, 2025 9,700 $4,829,242 -20.4%
NOW March 31, 2026 26,550 $4,067,195 28.5%
REGN Sept. 30, 2025 5,000 $2,625,000 30.8%
MRVL Sept. 30, 2025 24,000 $1,857,600 223.9%
BSX June 30, 2026 16,500 $1,035,375 -0.2%
DHR Dec. 31, 2025 3,000 $594,780 -6.5%
UNH June 30, 2025 1,000 $523,750 19.2%