Sector breakdown

04
Technology 19.7%
Financials 7.8%
Industrials 6.4%
Healthcare 5.7%
Communication Services 4.3%
Retail 4.0%
Energy 2.5%
Utilities 1.7%
Consumer Staples 1.6%
Consumer Discretionary 1.5%
Consumer products 0.7%
Materials 0.7%
Real Estate 0.6%
Other/Unmapped 42.8%

Full portfolio 504 positions

05
Type Streak 8Q trend
SPY SPY $91,429,588 5.43% 122,433 $4,456,779 Down ×3
AAPL Apple Inc. - Common Stock $83,145,111 4.94% 287,341 $9,346,683 Up ×5
NVDA NVIDIA Corporation - Common Stock $62,497,777 3.71% 312,348 $11,826,073 Up ×2
IVV iShares Trust $52,929,098 3.14% 70,677 $1,683,013 Down ×6
IDEV iShares Trust $49,815,656 2.96% 559,664 $3,936,837 Up ×6
MSFT Microsoft Corporation - Common Stock $48,378,570 2.87% 129,694 $-1,543,726 Up ×6
SCHX SCHWAB STRATEGIC TRUST $35,281,240 2.09% 1,198,819 $1,307,383 Down ×6
AVGO Broadcom Inc. - Common Stock $34,467,312 2.05% 91,244 $-1,328,122 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $32,910,320 1.95% 92,090 $3,894,221 Up ×1
SPYM State Street SPDR Portfolio S&P 500 ETF $26,942,481 1.60% 306,583 $6,457,025 Up ×6
VCRB Vanguard Core Bond ETF $26,477,891 1.57% 342,833 $650,729 Up ×5
VOO VANGUARD INDEX FUNDS $26,395,675 1.57% 38,432 $1,617,279 Up ×2
AMZN Amazon.com, Inc. - Common Stock $24,340,350 1.44% 102,124 $-967,010 Up ×6
IWB iShares Trust $23,922,879 1.42% 58,420 $1,173,155 Down ×4
VTI VANGUARD INDEX FUNDS $23,042,863 1.37% 62,271 $807,016 Down ×1
ACWX iShares MSCI ACWI ex U.S. ETF $22,722,645 1.35% 298,550 $731,655 Down ×6
FBND Fidelity Merrimack Street Trust $19,785,909 1.17% 434,951 $2,821,736 Up ×4
JPM JP Morgan Chase & Co. Common Stock $18,748,422 1.11% 57,277 $214,698 Down ×2
AGG iShares Trust $18,641,541 1.11% 188,336 $344,567 Up ×2
ABBV AbbVie Inc. Common Stock $18,261,086 1.08% 72,568 $3,833,586 Up ×5
BAC Bank of America Corporation Common Stock $17,341,840 1.03% 304,350 $2,411,395 Up ×1
JNJ Johnson & Johnson Common Stock $16,430,308 0.98% 64,694 $4,538,659 Up ×5
CMI Cummins Inc. Common Stock $14,254,884 0.85% 19,987 $-1,554,520 Down ×3
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $14,153,419 0.84% 28,285 $1,898,861 Up ×5
XOM Exxon Mobil Corporation Common Stock $13,902,725 0.83% 101,688 $-424,689 Up ×1
AMGN Amgen Inc. - Common Stock $13,326,024 0.79% 36,800 $1,101,330 Up ×6
META Meta Platforms, Inc. - Class A Common Stock $13,103,346 0.78% 23,262 $-308,274 Up ×1
WMB Williams Companies, Inc. (The) Common Stock $12,761,330 0.76% 171,662 $4,722 Down ×1
AMAT Applied Materials, Inc. - Common Stock $12,658,744 0.75% 17,509 $982,683 Down ×2
BAI iShares A.I. Innovation and Tech Active ETF $12,635,163 0.75% 239,665 $2,992,962 Up ×2
HGER Harbor ETF Trust $12,513,921 0.74% 426,514 Up ×1
HD Home Depot, Inc. (The) Common Stock $12,446,505 0.74% 35,291 $-1,162,452 Down ×1
RXO RXO, Inc. Common Stock $12,259,258 0.73% 444,337 $6,867,043 Up ×3
LLY Eli Lilly and Company Common Stock $11,877,894 0.71% 9,903 $2,816,893 Down ×2
LECO Lincoln Electric Holdings, Inc. - Common Shares $11,409,496 0.68% 42,972 $-186,278 Down ×2
LRCX Lam Research Corporation - Common Stock $11,330,941 0.67% 26,149 $3,507,098 Down ×2
XLK SELECT SECTOR SPDR TRUST $10,845,465 0.64% 56,926 $379,440 Down ×2
AVEM AMERICAN CENTURY ETF TRUST $10,763,258 0.64% 111,548 $1,429,421 Up ×1
ETN Eaton Corporation, PLC Ordinary Shares $10,434,738 0.62% 24,488 $-1,139,786 Down ×1
SO Southern Company (The) Common Stock $10,426,231 0.62% 108,936 $825,848 Up ×5
MU Micron Technology, Inc. - Common Stock $10,313,243 0.61% 8,935 $8,567,120 Up ×4
TXN Texas Instruments Incorporated - Common Stock $9,944,673 0.59% 33,364 $4,259,867 Up ×6
VUG VANGUARD INDEX FUNDS $9,914,060 0.59% 115,092 $744,451 Up ×4
DG Dollar General Corporation Common Stock $9,693,798 0.58% 84,213 $1,872,718 Up ×1
DYNF BlackRock ETF Trust $9,286,277 0.55% 136,543 $800,389 Up ×5
ELV Elevance Health, Inc. Common Stock $9,243,153 0.55% 23,901 $8,964,436 Up ×1
BINC iShares Flexible Income Active ETF $9,077,717 0.54% 173,437 $379,237 Up ×5
VTV VANGUARD INDEX FUNDS $9,029,348 0.54% 41,432 $815,451 Up ×1
MO Altria Group, Inc. $8,996,186 0.53% 125,034 $-1,489,707 Down ×1
V Visa Inc. $8,977,901 0.53% 26,168 $-760,645 Down ×1
IBM International Business Machines Corporation Common Stock $8,729,828 0.52% 31,044 $3,835,312 Up ×6
CAT Caterpillar, Inc. Common Stock $8,717,383 0.52% 8,186 $1,861,830 Down ×2
GOOG Alphabet Inc. - Class C Capital Stock $8,709,864 0.52% 24,651 $929,623 Up ×6
SPYV SPDR SERIES TRUST $8,681,159 0.52% 142,806 $547,432 Up ×6
PG Procter & Gamble Company (The) Common Stock $8,563,702 0.51% 58,399 $457,309 Up ×1
BLK BlackRock, Inc. Common Stock $8,513,737 0.51% 8,854 $1,787,590 Up ×3
IEMG iShares, Inc. $8,421,222 0.50% 101,656 $631,017 Down ×2
VFLO VictoryShares Free Cash Flow ETF $8,226,717 0.49% 179,819 $994,732 Up ×1
TSLA Tesla, Inc. - Common Stock $7,786,853 0.46% 18,514 $3,142,623 Up ×6
MCD McDonald's Corporation Common Stock $7,541,755 0.45% 27,900 $-4,740,991 Down ×1
LOW Lowe's Companies, Inc. Common Stock $7,400,365 0.44% 33,563 $-237,509 Up ×1
XLI SELECT SECTOR SPDR TRUST $7,382,857 0.44% 39,858 $495,021 Down ×3
C Citigroup, Inc. Common Stock $7,364,486 0.44% 52,619 $-777,458 Down ×1
JMBS Janus Detroit Street Trust $7,322,538 0.43% 162,759 $114,513 Up ×5
JSI Janus Detroit Street Trust $7,301,817 0.43% 142,586 $103,487 Up ×5
PEP PepsiCo, Inc. - Common Stock $7,155,111 0.42% 52,844 $-1,882,631 Down ×1
ADP Automatic Data Processing, Inc. - Common Stock $7,111,836 0.42% 31,756 $700,386 Up ×6
T AT&T Inc. $7,050,141 0.42% 340,587 $-31,919 Up ×5
TFC Truist Financial Corporation Common Stock $7,039,562 0.42% 141,300 $318,137 Up ×1
CVX Chevron Corporation Common Stock $6,981,166 0.41% 42,116 $-2,903,223 Down ×2
PM Philip Morris International Inc Common Stock $6,931,184 0.41% 38,313 $1,095,306 Up ×5
IJR iShares Trust $6,787,506 0.40% 45,766 $579,630 Down ×6
AMD Advanced Micro Devices, Inc. - Common Stock $6,755,931 0.40% 11,630 $5,004,268 Up ×1
NEE NextEra Energy, Inc. Common Stock $6,529,596 0.39% 74,394 $34,765 Up ×2
DEM WisdomTree Trust $6,523,866 0.39% 121,284 $157,001 Down ×3
XLV SELECT SECTOR SPDR TRUST $6,493,691 0.39% 40,928 $1,601,200 Up ×1
TPLS Thornburg Core Plus Bond ETF $6,313,815 0.37% 250,897 $469,822 Up ×5
BALI iShares U.S. Large Cap Premium Income Active ETF $6,112,071 0.36% 180,670 $347,051 Up ×2
IWR iShares Trust $5,983,286 0.36% 54,236 $222,510 Down ×6
CAIE Calamos ETF Trust $5,953,498 0.35% 218,798 $235,332 Up ×1
GS Goldman Sachs Group, Inc. (The) Common Stock $5,795,196 0.34% 5,730 $-628,869 Down ×2
RTX RTX Corporation Common Stock $5,770,069 0.34% 30,412 $4,451,311 Up ×6
SPG Simon Property Group, Inc. Common Stock $5,729,668 0.34% 25,619 $51,722 Down ×1
Unknown issuer (CUSIP: 438516205) $5,661,312 0.34% 25,285 Up ×1
BKNG Booking Holdings Inc. - Common Stock $5,636,538 0.33% 31,623 $4,820,010 Up ×5
Unknown issuer (CUSIP: 43849R105) $5,582,049 0.33% 25,249 Up ×1
NWFL Norwood Financial Corp. - Common Stock $5,355,708 0.32% 166,585 $324,841
RSG Republic Services, Inc. Common Stock $5,321,446 0.32% 24,974 $1,088,855 Up ×5
FE FirstEnergy Corp. Common Stock $5,173,269 0.31% 108,819 $26,277 Up ×1
PANW Palo Alto Networks, Inc. - Common Stock $4,971,074 0.30% 14,577 $-467,282 Down ×1
LIN Linde plc - Ordinary Shares $4,834,786 0.29% 9,317 $4,331,012 Up ×2
COP ConocoPhillips Common Stock $4,781,933 0.28% 45,998 $-864,372 Down ×2
PRU Prudential Financial, Inc. Common Stock $4,766,618 0.28% 44,164 $-3,573,983 Down ×1
QQQ Invesco QQQ Trust, Series 1 $4,741,281 0.28% 6,438 $608,706 Up ×1
NVS Novartis AG Common Stock $4,686,366 0.28% 29,903 $71,836 Down ×2
XLG Invesco Exchange-Traded Fund Trust $4,579,274 0.27% 74,788 $113,012 Down ×1
CLOI VanEck ETF Trust $4,446,354 0.26% 83,973 $184,388 Up ×3
BX Blackstone Inc. Common Stock $4,136,915 0.25% 35,157 $-25,202 Up ×1
APH Amphenol Corporation Common Stock $3,960,734 0.24% 22,463 $2,903,230 Up ×6
CME CME Group Inc. - Class A Common Stock $3,946,205 0.23% 17,870 $-541,608 Up ×6

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
AAPL $83,145,111 4.94% up ×5
IDEV $49,815,656 2.96% up ×6
MSFT $48,378,570 2.87% up ×6
SPYM $26,942,481 1.60% up ×6
VCRB $26,477,891 1.57% up ×5
AMZN $24,340,350 1.44% up ×6
FBND $19,785,909 1.17% up ×4
ABBV $18,261,086 1.08% up ×5
JNJ $16,430,308 0.98% up ×5
BRK-B (filed as BRKB) $14,153,419 0.84% up ×5
AMGN $13,326,024 0.79% up ×6
RXO $12,259,258 0.73% up ×3
SO $10,426,231 0.62% up ×5
MU $10,313,243 0.61% up ×4
TXN $9,944,673 0.59% up ×6

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
HGER $12,513,921 426,514 0.74%
Unknown issuer (CUSIP: 438516205) $5,661,312 25,285 0.34%
Unknown issuer (CUSIP: 43849R105) $5,582,049 25,249 0.33%
USMV $3,083,469 31,966 0.18%
DKS $2,140,052 9,435 0.13%
Unknown issuer (CUSIP: 84615Q103) $1,340,738 7,847 0.08%
MRVL $603,858 2,027 0.04%
PSN $431,798 8,242 0.03%
DDOG $380,421 1,461 0.02%
FTNT $376,138 2,448 0.02%
Unknown issuer (CUSIP: 26614N201) $373,553 2,754 0.02%
Unknown issuer (CUSIP: 268961620) $346,350 12,791 0.02%
CNC $338,684 5,276 0.02%
USAR $324,671 15,045 0.02%
HPE $317,858 7,046 0.02%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
NVDA Bought more +59K +$11.8M
AAPL Bought more +10K +$9.3M
RXO Bought more +169K +$6.9M
SPYM Bought more +59K +$6.5M
AMD Bought more +5K +$5.0M
WMT Trimmed -34K -$4.9M
COST Trimmed -5K -$4.8M
MCD Trimmed -13K -$4.7M
UBER Trimmed -56K -$4.6M
JNJ Bought more +12K +$4.5M

4 positions 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
TLT June 30, 2025 155,857 $14,187,645
HON June 30, 2026 48,342 $10,742,533 -4.4%
DPZ March 31, 2026 21,716 $9,051,515 -17.1%
IYC Dec. 31, 2025 72,283 $7,575,258 -7.8%
XLU Sept. 30, 2025 90,890 $7,422,100 No longer tracked
VOX March 31, 2026 32,658 $6,323,654
XLY March 31, 2026 49,590 $5,921,590 No longer tracked
REGN June 30, 2025 8,270 $5,244,809 40.0%
LULU June 30, 2025 18,443 $5,220,476 -60.2%
XLE Dec. 31, 2025 55,265 $4,937,410 40.5%
XLF March 31, 2026 83,353 $4,565,254 8.3%
XLV Sept. 30, 2025 33,047 $4,454,352 19.4%
CLX June 30, 2025 25,582 $3,766,990 -33.0%
GPC June 30, 2026 31,503 $3,622,876 7.8%
FIS Dec. 31, 2025 49,828 $3,285,684 -51.2%
EMB June 30, 2026 18,040 $1,734,191
TFI June 30, 2025 35,646 $1,606,556
AKRE March 31, 2026 14,547 $952,974
BE June 30, 2026 3,126 $690,565 -4.5%
CART June 30, 2026 14,310 $613,184 -6.5%
UL (filed as ULXXXX) Dec. 31, 2025 6,659 $394,757 -8.7%
LQD Dec. 31, 2025 3,115 $347,186
DD June 30, 2026 7,387 $345,029 -4.2%
ZM March 31, 2026 3,846 $331,871 15.5%
KMB March 31, 2026 3,208 $323,613 -2.2%
IGSB Dec. 31, 2025 5,964 $316,271
G March 31, 2026 6,631 $310,198 -10.6%
ULTA June 30, 2026 534 $304,249 20.6%
VVX Sept. 30, 2025 5,934 $288,096 21.9%
FISV June 30, 2026 4,499 $284,586 -9.6%
CCL June 30, 2026 9,916 $271,304 -9.8%
XYLD June 30, 2025 6,767 $267,229
INGR June 30, 2026 2,345 $265,454 0.7%
MUB March 31, 2026 2,478 $265,405
CMG Sept. 30, 2025 4,629 $259,934 -17.4%
EPAM March 31, 2026 1,233 $252,617 -20.0%
CTSH March 31, 2026 3,019 $250,591 -4.6%
GIS Dec. 31, 2025 4,965 $250,358 -31.2%
TSN June 30, 2026 3,864 $249,515 -9.4%
FOXA March 31, 2026 3,393 $247,927 6.6%
UHS March 31, 2026 1,131 $246,581 -1.8%
MAS Dec. 31, 2025 3,442 $242,282 7.7%
LEN March 31, 2026 2,348 $241,336 -8.1%
GBTC June 30, 2026 4,054 $236,551 43.0%
KRC March 31, 2026 6,246 $233,413 19.2%
MET March 31, 2026 2,931 $231,376 33.5%
EPD Sept. 30, 2025 7,456 $231,201 15.7%
TTD Dec. 31, 2025 4,714 $231,045 -68.5%
NKE March 31, 2026 3,625 $230,940 -35.9%
MCO March 31, 2026 451 $230,325 1.2%
IWV June 30, 2025 711 $225,874
ZTS June 30, 2026 1,910 $225,736 -3.0%
VRSN Dec. 31, 2025 807 $225,613 18.7%
PAYX Dec. 31, 2025 1,764 $223,620 -11.8%
ROP Sept. 30, 2025 392 $222,201 -28.9%
DELL Dec. 31, 2025 1,565 $221,815 346.9%
DIA Sept. 30, 2025 503 $221,509
SWKS Dec. 31, 2025 2,876 $221,394 34.1%
XLC Dec. 31, 2025 1,855 $219,595 -6.3%
IVE June 30, 2026 997 $219,148
REGN June 30, 2026 291 $217,420 17.9%
VDC Dec. 31, 2025 1,012 $216,314
TDG June 30, 2025 153 $211,643 -28.3%
ET Sept. 30, 2025 11,582 $209,983 19.3%
TTWO March 31, 2026 819 $209,591 2.6%
CTAS Sept. 30, 2025 933 $207,969 -6.0%
MPC Dec. 31, 2025 1,079 $207,882 159.7%
QYLD June 30, 2025 12,478 $207,513
EFG June 30, 2026 1,744 $207,218
SPMO March 31, 2026 1,732 $206,650
CAG Dec. 31, 2025 11,222 $205,474 -22.8%
CSL Sept. 30, 2025 549 $204,997 0.1%
CF Dec. 31, 2025 2,285 $204,982 48.7%
CTSH Sept. 30, 2025 2,613 $203,906 -12.8%
IAU June 30, 2026 2,314 $203,725 3.2%
VRTX June 30, 2025 420 $203,624 13.4%
SYF March 31, 2026 2,436 $203,271 5.5%
STWD Sept. 30, 2025 10,101 $202,727 -32.6%
SHEL Dec. 31, 2025 2,833 $202,609 31.0%
HEI March 31, 2026 620 $200,626 10.3%
HYT March 31, 2026 19,214 $171,005 -8.0%
DFH June 30, 2026 10,307 $159,965 -37.7%
FRA March 31, 2026 10,984 $129,392 -4.8%
EVV March 31, 2026 12,460 $123,479 No longer tracked
NWL June 30, 2025 18,715 $116,033 0.0%
GTM June 30, 2026 11,951 $74,216 26.6%
CMND Sept. 30, 2025 20,000 $18,000 -99.8%