Sector breakdown

04
Technology 1.5%
Communication Services 0.8%
Financials 0.7%
Retail 0.3%
Healthcare 0.3%
Real Estate 0.2%
Industrials 0.2%
Consumer Discretionary 0.1%
Consumer Staples 0.1%
Consumer products 0.1%
Other/Unmapped 95.7%

Full portfolio 56 positions

05
Type Streak 8Q trend
VCIT Vanguard Intermediate-Term Corporate Bond ETF $58,849,089 13.24% 712,028 $2,155,549 Up ×6
SPIB SPDR SERIES TRUST $58,393,866 13.13% 1,745,184 $2,187,108 Up ×6
VUG VANGUARD INDEX FUNDS $51,696,911 11.63% 600,150 $7,436,737 Up ×1
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF $49,125,482 11.05% 923,932 $1,801,299 Up ×6
GOVT iShares Trust $46,453,866 10.45% 2,039,239 $842,401 Up ×1
SCHV SCHWAB STRATEGIC TRUST $35,856,997 8.07% 1,030,077 $4,102,654 Down ×4
SCHB SCHWAB STRATEGIC TRUST $29,553,917 6.65% 1,020,508 $4,256,944 Up ×6
VOO VANGUARD INDEX FUNDS $24,091,973 5.42% 35,078 $3,595,912 Up ×6
VXUS Vanguard Total International Stock ETF $14,596,043 3.28% 170,734 $1,405,120 Down ×2
JMUB J.P. Morgan Exchange-Traded Fund Trust $11,165,489 2.51% 220,422 $1,057,201 Up ×2
XLK SELECT SECTOR SPDR TRUST $6,976,969 1.57% 36,621 $2,126,778 Up ×1
DFAU Dimensional ETF Trust $6,349,108 1.43% 122,830 $506,382 Down ×2
DFAI Dimensional ETF Trust $5,815,020 1.31% 140,970 $164,536 Down ×2
VNQ VANGUARD SPECIALIZED FUNDS $4,965,114 1.12% 51,489 $474,261 Up ×2
VYM VANGUARD WHITEHALL FUNDS $3,992,886 0.90% 25,267 $240,899 Down ×6
AAPL Apple Inc. - Common Stock $3,873,327 0.87% 13,386 $505,353 Up ×1
RSP Invesco Exchange-Traded Fund Trust $2,502,416 0.56% 11,761 $245,377 Up ×2
DFUS Dimensional ETF Trust $2,250,414 0.51% 27,464 $238,071 Down ×1
GOOG Alphabet Inc. - Class C Capital Stock $2,113,742 0.48% 5,982 $397,653
NVDA NVIDIA Corporation - Common Stock $2,045,513 0.46% 10,223 $283,060 Up ×1
SPY SPY $1,811,720 0.41% 2,426 $218,901 Down ×2
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $1,716,588 0.39% 3,431 $72,692
IJH iShares Trust $1,365,941 0.31% 17,714 $176,955 Up ×1
DVY iShares Select Dividend ETF $1,250,561 0.28% 8,001 $51,033 Up ×2
VT VANGUARD INTERNATIONAL EQUITY INDEX FUNDS $1,183,279 0.27% 7,539 $139,479 Down ×2
XLV SELECT SECTOR SPDR TRUST $1,172,394 0.26% 7,389 $94,731 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $1,125,802 0.25% 3,150 $271,392 Up ×1
IVV iShares Trust $1,112,311 0.25% 1,485 $94,309 Down ×1
WELL Welltower Inc. Common Stock $1,077,654 0.24% 4,748 $138,927
IYW iShares Trust $971,331 0.22% 3,851 $256,688 Down ×4
QQQ Invesco QQQ Trust, Series 1 $962,132 0.22% 1,307 $235,731 Up ×1
AMZN Amazon.com, Inc. - Common Stock $839,433 0.19% 3,522 $143,395 Up ×1
JNJ Johnson & Johnson Common Stock $711,747 0.16% 2,802 $-84,920 Down ×1
MSFT Microsoft Corporation - Common Stock $708,413 0.16% 1,899 $42,982 Up ×1
VEA VANGUARD TAX-MANAGED FUNDS $696,506 0.16% 9,776 $-45,319 Down ×3
PFF iShares Preferred and Income Securities ETF $544,489 0.12% 17,858 $8,661 Up ×6
JPM JP Morgan Chase & Co. Common Stock $506,380 0.11% 1,547 $92,497 Up ×1
USB U.S. Bancorp Common Stock $462,543 0.10% 7,658 $64,250
MAR Marriott International - Class A Common Stock $445,623 0.10% 1,202 $-107,278 Down ×1
CBZ CBIZ, Inc. Common Stock $434,427 0.10% 13,542 $70,824
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF $424,493 0.10% 8,099 $-132,745 Down ×1
PNC PNC Financial Services Group, Inc. (The) Common Stock $424,237 0.10% 1,723 Up ×1
PWV Invesco Exchange-Traded Fund Trust $396,959 0.09% 5,239 $31,748
WMT Walmart Inc. - Common Stock $339,780 0.08% 3,000 $-33,060
LLY Eli Lilly and Company Common Stock $325,257 0.07% 271 $75,837
HCA HCA Healthcare, Inc. Common Stock $311,912 0.07% 800 $-66,680
KO Coca-Cola Company (The) Common Stock $304,543 0.07% 3,747 $19,575
EQAL Invesco Exchange-Traded Fund Trust II $301,780 0.07% 5,093 $21,156
PEP PepsiCo, Inc. - Common Stock $294,140 0.07% 2,172 $-43,208
VOE VANGUARD INDEX FUNDS $281,165 0.06% 1,423 $18,973
DFAR Dimensional ETF Trust $269,835 0.06% 10,315 $25,890
DIS Walt Disney Company (The) Common Stock $256,662 0.06% 2,667 $-346
CW Curtiss-Wright Corporation Common Stock $236,421 0.05% 312 Up ×1
PG Procter & Gamble Company (The) Common Stock $226,243 0.05% 1,543
AVGO Broadcom Inc. - Common Stock $206,668 0.05% 547
VIG VANGUARD SPECIALIZED FUNDS $201,465 0.05% 851 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
VCIT $58,849,089 13.24% up ×6
SPIB $58,393,866 13.13% up ×6
IGIB $49,125,482 11.05% up ×6
SCHB $29,553,917 6.65% up ×6
VOO $24,091,973 5.42% up ×6
PFF $544,489 0.12% up ×6

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
PNC $424,237 1,723 0.10%
CW $236,421 312 0.05%
PG $226,243 1,543 0.05%
AVGO $206,668 547 0.05%
VIG $201,465 851 0.05%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VUG Bought more +499K +$7.4M
SCHB Bought more +13K +$4.3M
SCHV Trimmed -11K +$4.1M
VOO Bought more +778 +$3.6M
SPIB Bought more +69K +$2.2M
VCIT Bought more +27K +$2.2M
XLK Bought more +126 +$2.1M
IGIB Bought more +35K +$1.8M
VXUS Trimmed -332 +$1.4M
JMUB Bought more +18K +$1.1M

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
SCHA June 30, 2025 261,356 $6,123,561 30.9%
USHY June 30, 2025 78,102 $2,874,923
DFAS June 30, 2025 13,002 $776,873
NUSC June 30, 2025 13,758 $527,478
VTWO June 30, 2025 5,841 $471,117
AVGO Dec. 31, 2025 1,004 $331,230 2.6%
PTY March 31, 2026 23,113 $298,158 -8.5%
TSLA Dec. 31, 2025 576 $256,159 -17.6%
PLTR March 31, 2026 1,258 $223,610 29.0%
PAYX March 31, 2026 1,927 $216,158 7.4%
ORCL Dec. 31, 2025 746 $209,805 -27.0%
SCHH Dec. 31, 2025 9,544 $205,859 6.8%
PG March 31, 2026 1,431 $205,055 0.3%
META March 31, 2026 309 $203,968 27.3%
LPSN (filed as LPSNXXXX) Dec. 31, 2025 67,402 $39,316 No longer tracked