Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +8.4%
S&P 500 total return (same window) +37.0%
Excess return -28.6%

Annualized: +6.7% · 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: 97.7% · Options excluded: 0.0%

Sector breakdown

04
Technology 46.2%
Financials 43.3%
Communication Services 3.8%
Retail 1.6%
Consumer Discretionary 1.3%
Industrials 1.0%
Health Care 0.6%
Other/Unmapped 2.1%

Full portfolio 22 positions

05
Type Streak 8Q trend
CHYM Chime Financial, Inc. - Class A Common Stock $536,276,337 39.90% 26,185,368 $45,824,394
LRCX Lam Research Corporation - Common Stock $186,880,496 13.90% 431,266 $82,398,833 Down ×4
MU Micron Technology, Inc. - Common Stock $157,220,069 11.70% 136,205 $100,621,734 Down ×1
GOOGL Alphabet Inc. - Class A Common Stock $51,550,623 3.84% 144,250 $-8,678,819 Down ×1
NU Nu Holdings Ltd. Class A Ordinary Shares $45,205,791 3.36% 3,383,667 $911,703 Up ×2
NTSK Netskope, Inc. - Class A Common Stock $36,602,603 2.72% 3,345,759 $35,965,344 Up ×1
DDOG Datadog, Inc. - Class A Common Stock $34,485,984 2.57% 132,455 $8,601,751 Down ×1
PANW Palo Alto Networks, Inc. - Common Stock $32,817,719 2.44% 96,234 $17,156,219 Down ×3
NTNX Nutanix, Inc. - Class A Common Stock $30,223,153 2.25% 593,076 $4,949,886 Down ×2
Unknown issuer (CUSIP: 15675D103) $28,828,345 2.14% 130,445 Up ×1
WEAV Weave Communications, Inc. Common Stock $25,590,532 1.90% 4,272,209 $5,970,048 Up ×2
IIIV i3 Verticals, Inc. - Common Stock $23,880,181 1.78% 1,117,986 $2,280,399 Up ×3
MELI MercadoLibre, Inc. - Common Stock $21,655,302 1.61% 12,758 $-2,288,167 Down ×2
CRM Salesforce, Inc. Common Stock $21,176,516 1.58% 135,175 $-4,217,137 Down ×1
DASH DoorDash, Inc. - Common Stock $18,106,453 1.35% 98,122 $-7,267,696 Down ×1
NVDA NVIDIA Corporation - Common Stock $16,759,538 1.25% 83,760 $-5,232,302 Down ×1
ZS Zscaler, Inc. - Common Stock $15,326,632 1.14% 108,584 Up ×1
APPF AppFolio, Inc. - Class A Common Stock $14,967,069 1.11% 93,340 $3,684,517 Up ×2
CRDO Credo Technology Group Holding Ltd - Ordinary Shares $14,263,778 1.06% 52,450 Up ×1
COHR Coherent Corp. Common Stock $13,845,897 1.03% 35,100 Up ×1
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $10,840,404 0.81% 14,205 $1,972,241 Down ×1
VEEV Veeva Systems Inc. Class A Common Stock $7,512,305 0.56% 42,330 $-6,867,223 Down ×3

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
IIIV $23,880,181 1.78% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
Unknown issuer (CUSIP: 15675D103) $28,828,345 130,445 2.14%
ZS $15,326,632 108,584 1.14%
CRDO $14,263,778 52,450 1.06%
COHR $13,845,897 35,100 1.03%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
MU Trimmed -31K +$100.6M
LRCX Trimmed -58K +$82.4M
CHYM Price move only +0 +$45.8M
PANW Trimmed -1K +$17.2M
GOOGL Trimmed -65K -$8.7M
DDOG Trimmed -87K +$8.6M
DASH Trimmed -71K -$7.3M
VEEV Trimmed -40K -$6.9M
WEAV Bought more +25K +$6.0M
NVDA Trimmed -42K -$5.2M

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
PENG (filed as PENGXXXX) Sept. 30, 2025 3,580,777 $70,935,192 131.0%
PENG March 31, 2026 1,312,330 $25,669,175 244.9%
META Dec. 31, 2025 32,699 $24,013,492 12.4%
MNDY March 31, 2026 162,225 $23,937,921 19.6%
BKNG March 31, 2026 3,714 $19,889,696 -6.0%
NVDA Dec. 31, 2025 89,625 $16,722,233 28.1%
DUOL Dec. 31, 2025 46,412 $14,937,238 -16.2%
JAMF Dec. 31, 2025 1,206,767 $12,912,407 No longer tracked
MRVL March 31, 2026 141,450 $12,020,421 173.9%
CLBT Sept. 30, 2025 696,744 $11,147,904 -39.6%
FIG June 30, 2026 517,380 $10,937,413 21.7%
PSTG June 30, 2026 132,160 $7,802,726 No longer tracked
NOW June 30, 2026 67,720 $7,080,126 37.1%
NTSK Dec. 31, 2025 5,000 $113,650 5.0%