Sector breakdown

04
Technology 12.3%
Financials 6.5%
Communication Services 4.1%
Healthcare 3.7%
Industrials 3.7%
Energy 3.3%
Retail 2.5%
Consumer Staples 2.1%
Utilities 1.7%
Consumer Discretionary 1.3%
Real Estate 1.3%
Materials 1.1%
Consumer products 1.1%
Other/Unmapped 55.3%

Full portfolio 289 positions

05
Type Streak 8Q trend
VOO Vanguard S&P 500 ETF $58,040,421 9.18% 84,508 $7,176,178 Down ×1
COWZ Pacer Funds Trust $23,524,815 3.72% 378,213 $1,110,642 Up ×1
AAPL Apple Inc. - Common Stock $21,921,351 3.47% 75,758 $3,052,500 Up ×1
QQQ Invesco QQQ Trust, Series 1 $20,199,722 3.19% 27,430 $4,350,322 Down ×1
VB Vanguard Morningstar Small-Cap ETF $19,917,426 3.15% 65,708 $823,858 Down ×2
VTI Vanguard Morningstar Total Stock Market ETF $18,407,325 2.91% 49,744 $1,804,290 Down ×6
EFA iShares Trust $17,961,578 2.84% 172,907 $-777,623 Down ×1
VIG Vanguard Div Appreciation ETF $16,649,210 2.63% 70,363 $2,343,546 Up ×2
BND Vanguard Total Bond Market ETF $15,286,975 2.42% 208,241 $-1,113,597 Down ×5
VEA Vanguard FTSE Developed Markets ETF $12,329,469 1.95% 173,045 $164,076 Down ×1
VYMI Vanguard International High Dividend Yield ETF $11,705,354 1.85% 119,199 $665,912 Up ×2
SCHD SCHWAB STRATEGIC TRUST $11,522,663 1.82% 363,376 $1,962,243 Up ×2
AMAT Applied Materials, Inc. - Common Stock $11,278,297 1.78% 15,600 $5,943,876 Down ×1
NVDA NVIDIA Corporation - Common Stock $9,411,840 1.49% 47,038 $1,387,408 Up ×1
JPM JP Morgan Chase & Co. Common Stock $9,134,102 1.44% 27,905 $932,095 Up ×2
MSFT Microsoft Corporation - Common Stock $8,834,508 1.40% 23,684 $-157,401 Down ×3
VTV Vanguard Morningstar Value ETF $8,736,777 1.38% 40,090 $-18,015 Down ×5
VYM Vanguard High Dividend Yield ETF $8,377,970 1.32% 53,015 $307,791 Down ×6
AMZN Amazon.com, Inc. - Common Stock $7,538,011 1.19% 31,627 $939,229 Down ×1
VGT Vanguard Information Tech ETF $7,492,314 1.18% 62,687 $1,342,150 Up ×2
GOOGL Alphabet Inc. - Class A Common Stock $6,697,765 1.06% 18,741 $1,446,711 Up ×1
VUG Vanguard Morningstar Growth ETF $5,946,365 0.94% 69,031 $429,684 Up ×1
JNJ Johnson & Johnson Common Stock $5,920,844 0.94% 23,313 $284,901 Up ×2
VTC Vanguard Total Corporate Bond ETF $5,917,400 0.94% 77,049 $-83,783 Down ×1
VOE Vanguard Morningstar Mid-Cap Value ETF $5,519,826 0.87% 27,934 $53,225 Down ×2
PM Philip Morris International Inc Common Stock $5,479,931 0.87% 30,291 $421,177 Down ×1
IVOG VANGUARD ADMIRAL FUNDS $5,155,746 0.82% 35,241 $574,556 Down ×1
VCIT Vanguard Intermediate-Term Corporate Bond ETF $5,154,684 0.82% 62,368 $579,059 Up ×4
GOVT iShares Trust $5,072,534 0.80% 222,675 $248,437 Up ×4
SPMB State Street SPDR Portfolio Mortgage Backed Bond ETF $5,026,318 0.79% 225,295 $443,068 Up ×4
CSCO Cisco Systems, Inc. - Common Stock $5,004,665 0.79% 42,608 $1,720,632 Up ×2
SPY SPY $4,732,303 0.75% 6,337 $603,773 Down ×1
VO Vanguard Morningstar Mid-Cap ETF $4,483,885 0.71% 55,652 $197,353 Up ×3
VWO Vanguard FTSE Emerging Markets ETF $4,480,005 0.71% 75,055 $204,707 Down ×1
TXN Texas Instruments Incorporated - Common Stock $4,276,608 0.68% 14,348 $1,486,444 Down ×1
GOOG Alphabet Inc. - Class C Capital Stock $4,192,715 0.66% 11,866 $805,999 Up ×2
XOM Exxon Mobil Corporation Common Stock $4,051,327 0.64% 29,632 $-1,728,146 Down ×6
USHY iShares Broad USD High Yield Corporate Bond ETF $4,041,778 0.64% 109,178 $505,648 Up ×2
SHYG iShares Trust $3,537,822 0.56% 83,420 $288,223 Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $3,371,451 0.53% 6,738 $182,985 Up ×1
ITOT iShares Trust $3,363,676 0.53% 20,477 $-321,372 Down ×2
BLK BlackRock, Inc. Common Stock $3,330,617 0.53% 3,464 $69,956 Up ×1
NEE NextEra Energy, Inc. Common Stock $3,319,301 0.52% 37,818 $-258,925 Down ×1
CVX Chevron Corporation Common Stock $3,283,616 0.52% 19,809 $-805,300 Up ×2
SPEM State Street SPDR Portfolio Emerging Markets ETF $3,267,864 0.52% 63,110 $235,399 Down ×1
META Meta Platforms, Inc. - Class A Common Stock $3,184,926 0.50% 5,654 $-115,093 Down ×6
KO Coca-Cola Company (The) Common Stock $3,075,903 0.49% 37,848 $251,620 Up ×2
DFAS Dimensional ETF Trust $3,065,317 0.48% 37,228 $-143,235 Down ×2
CMI Cummins Inc. Common Stock $2,995,211 0.47% 4,199 $747,497 Up ×4
AVGO Broadcom Inc. - Common Stock $2,923,066 0.46% 7,739 $710,618 Up ×6
SPTL State Street SPDR Portfolio Long Term Treasury ETF $2,872,365 0.45% 109,507 $624,125 Up ×4
SCCO Southern Copper Corporation Common Stock $2,801,496 0.44% 16,076 $39,372 Up ×4
TSLA Tesla, Inc. - Common Stock $2,766,512 0.44% 6,577 $348,117 Up ×6
MRK Merck & Company, Inc. Common Stock (new) $2,724,345 0.43% 21,201 $148,875 Down ×1
PG Procter & Gamble Company (The) Common Stock $2,611,594 0.41% 17,809 $116,087 Up ×6
GRMN Garmin Ltd. Common Stock (Switzerland) $2,427,874 0.38% 10,221 $83,566 Up ×2
HD Home Depot, Inc. (The) Common Stock $2,397,098 0.38% 6,797 $-11,218 Down ×1
MO Altria Group, Inc. $2,392,744 0.38% 33,255 $329,283 Up ×2
WMB Williams Companies, Inc. (The) Common Stock $2,310,561 0.37% 31,081 $59,067 Up ×4
FAST Fastenal Company - Common Stock $2,307,326 0.36% 48,039 $54,167 Down ×1
KMI Kinder Morgan, Inc. Common Stock $2,195,218 0.35% 68,665 $-115,655 Down ×1
ENB Enbridge Inc Common Stock $2,163,069 0.34% 39,902 $-77,475 Down ×6
TSM Taiwan Semiconductor Manufacturing Company Ltd. $2,129,240 0.34% 4,458 $548,418 Down ×6
WFC Wells Fargo & Company Common Stock $2,128,428 0.34% 25,755 $-32,950 Down ×6
WEC WEC Energy Group, Inc. Common Stock $2,075,984 0.33% 17,778 $6,112 Down ×5
FDS FactSet Research Systems Inc. Common Stock $1,960,120 0.31% 8,519 $566,635 Up ×2
DFLV Dimensional ETF Trust $1,937,748 0.31% 49,007 $-100,845 Down ×2
PSA Public Storage Common Stock $1,891,471 0.30% 5,943 $335,460 Up ×4
QCOM QUALCOMM Incorporated - Common Stock $1,872,845 0.30% 10,135 $671,963 Up ×1
ETR Entergy Corporation Common Stock $1,854,466 0.29% 16,145 $-118,759 Down ×6
SPSB State Street SPDR Portfolio Short Term Corporate Bond ETF $1,843,117 0.29% 61,417 $265,107 Up ×4
AMD Advanced Micro Devices, Inc. - Common Stock $1,835,173 0.29% 3,159 $1,172,070 Down ×1
SDY SPDR SERIES TRUST $1,834,631 0.29% 12,056 $67,214 Down ×6
V Visa Inc. $1,808,234 0.29% 5,270 $171,391 Down ×6
EMR Emerson Electric Company Common Stock $1,805,408 0.29% 12,612 $170,277 Up ×1
SBUX Starbucks Corporation - Common Stock $1,746,676 0.28% 17,093 $159,914 Down ×1
LLY Eli Lilly and Company Common Stock $1,694,539 0.27% 1,413 $471,528 Up ×6
DFIC Dimensional ETF Trust $1,676,996 0.27% 45,008 $-142,744 Down ×2
VZ Verizon Communications Inc. Common Stock $1,660,284 0.26% 39,213 $-323,223 Down ×6
DTM DT Midstream, Inc. Common Stock $1,605,421 0.25% 10,940 $174,710 Up ×4
TROW T. Rowe Price Group, Inc. - Common Stock $1,596,715 0.25% 14,045 $336,887 Up ×1
MU Micron Technology, Inc. - Common Stock $1,578,511 0.25% 1,367 $1,185,367 Up ×2
PEP PepsiCo, Inc. - Common Stock $1,563,503 0.25% 11,547 $-309,572 Down ×1
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF $1,520,182 0.24% 26,360 $5,053 Down ×1
LAMR Lamar Advertising Company - Class A Common Stock $1,518,820 0.24% 9,737 $229,172 Down ×6
AMGN Amgen Inc. - Common Stock $1,494,934 0.24% 4,129 $-43,703 Down ×2
NYF iShares Trust $1,489,126 0.24% 27,625 $123,783 Up ×1
PNC PNC Financial Services Group, Inc. (The) Common Stock $1,472,593 0.23% 5,981 $266,427 Up ×4
DUK Duke Energy Corporation (Holding Company) Common Stock $1,468,896 0.23% 11,605 $-71,271 Down ×6
PAYX Paychex, Inc. - Common Stock $1,443,181 0.23% 14,677 $301,531 Up ×4
JAAA Janus Henderson AAA CLO ETF $1,438,658 0.23% 28,494 $347,052 Up ×4
TFC Truist Financial Corporation Common Stock $1,415,516 0.22% 28,412 $52,751 Down ×6
ACN Accenture plc Class A Ordinary Shares (Ireland) $1,400,874 0.22% 11,257 $-404,347 Up ×5
BMY Bristol-Myers Squibb Company Common Stock $1,362,033 0.22% 23,639 $-123,871 Down ×1
SNA Snap-On Incorporated Common Stock $1,318,110 0.21% 3,276 $128,733 Up ×4
RF Regions Financial Corporation Common Stock $1,307,915 0.21% 43,309 $183,457 Up ×4
CME CME Group Inc. - Class A Common Stock $1,265,401 0.20% 5,730 $-553,140 Down ×1
BKNG Booking Holdings Inc. - Common Stock $1,245,602 0.20% 6,988 $7,376 Up ×1
T AT&T Inc. $1,228,947 0.19% 59,369 $-568,375 Down ×1
AU AngloGold Ashanti PLC Ordinary Shares $1,204,215 0.19% 14,887 $905,703 Up ×2

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
VCIT $5,154,684 0.82% up ×4
GOVT $5,072,534 0.80% up ×4
SPMB $5,026,318 0.79% up ×4
VO $4,483,885 0.71% up ×3
CMI $2,995,211 0.47% up ×4
AVGO $2,923,066 0.46% up ×6
SPTL $2,872,365 0.45% up ×4
SCCO $2,801,496 0.44% up ×4
TSLA $2,766,512 0.44% up ×6
PG $2,611,594 0.41% up ×6
WMB $2,310,561 0.37% up ×4
PSA $1,891,471 0.30% up ×4
SPSB $1,843,117 0.29% up ×4
LLY $1,694,539 0.27% up ×6
DTM $1,605,421 0.25% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
AUGO $792,793 12,594 0.13%
OUT $498,574 15,219 0.08%
MRVL $496,028 1,665 0.08%
Unknown issuer (CUSIP: 438516205) $475,950 2,126 0.08%
Unknown issuer (CUSIP: 43849R105) $468,850 2,121 0.07%
INSW $449,614 5,870 0.07%
DVN $425,534 10,299 0.07%
PANW $422,421 1,239 0.07%
XLK $394,087 2,069 0.06%
SLDE $393,695 20,325 0.06%
IWR $378,091 3,427 0.06%
KLIC $349,782 2,615 0.06%
QQQM $334,101 1,102 0.05%
IJH $322,162 4,178 0.05%
TOL $320,844 1,947 0.05%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VOO Trimmed -613 +$7.2M
AMAT Trimmed -7 +$5.9M
QQQ Trimmed -30 +$4.4M
AAPL Bought more +1K +$3.1M
VIG Bought more +4K +$2.3M
SCHD Bought more +52K +$2.0M
VTI Trimmed -2K +$1.8M
XOM Trimmed -4K -$1.7M
CSCO Bought more +282 +$1.7M
TXN Trimmed -24 +$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
HON June 30, 2026 4,258 $962,515 -4.4%
NE June 30, 2026 18,420 $903,834 9.1%
JHG March 31, 2026 18,498 $879,930 No longer tracked
MMM Dec. 31, 2025 4,989 $774,282 1.1%
CGCB June 30, 2025 26,918 $707,405
GIS March 31, 2026 13,876 $645,215 -14.0%
MAA Dec. 31, 2025 4,574 $639,084 -17.0%
AAL March 31, 2026 40,340 $618,418 20.5%
APAM March 31, 2026 14,146 $576,317 -4.1%
DPZ June 30, 2026 1,554 $557,368 0.5%
FBND June 30, 2025 11,781 $537,803
UL (filed as ULXXXX) Dec. 31, 2025 7,675 $454,967 -8.7%
SCHZ Dec. 31, 2025 18,836 $442,081 -4.8%
NEU March 31, 2026 633 $435,018 44.2%
RYN Dec. 31, 2025 15,903 $422,076 -16.6%
FIS March 31, 2026 6,290 $418,059 -30.8%
BIV Dec. 31, 2025 4,735 $369,755
KMX Sept. 30, 2025 5,390 $362,573 22.4%
FMC Dec. 31, 2025 9,196 $309,263 -39.1%
NOW March 31, 2026 2,011 $308,111 28.5%
SNY Sept. 30, 2025 6,103 $298,022 -15.4%
RHI Dec. 31, 2025 8,762 $297,738 33.0%
VMBS Dec. 31, 2025 6,134 $288,054
ABNB Sept. 30, 2025 2,104 $287,975 33.8%
ELV Dec. 31, 2025 879 $284,014 10.2%
VEEV Dec. 31, 2025 926 $275,871 22.4%
CTRA June 30, 2026 7,815 $274,610 No longer tracked
DCOR June 30, 2026 3,809 $274,533
VV June 30, 2026 900 $268,939
RBLX Dec. 31, 2025 1,934 $267,857 -45.6%
DKNG March 31, 2026 7,480 $257,765 -14.0%
CHKP June 30, 2026 1,798 $256,815 -0.8%
CHRD Dec. 31, 2025 2,567 $255,082 47.8%
BLV Dec. 31, 2025 3,575 $253,324
CRM June 30, 2026 1,344 $251,011 49.8%
URI Dec. 31, 2025 257 $245,674 33.6%
BG March 31, 2026 2,636 $234,815 -16.1%
INTU June 30, 2026 543 $234,573 7.7%
FISV Dec. 31, 2025 1,817 $234,272 -34.0%
SO Dec. 31, 2025 2,419 $229,266 -4.0%
NET Dec. 31, 2025 1,065 $228,502 77.1%
IEMG June 30, 2025 4,199 $226,610
MCD June 30, 2026 727 $225,852 -14.2%
ALB June 30, 2026 1,237 $222,057 -22.5%
UBER Dec. 31, 2025 2,242 $219,655 -16.6%
ADBE June 30, 2026 895 $217,444 15.9%
DEO Sept. 30, 2025 2,039 $213,616 -11.2%
LOW June 30, 2026 902 $213,128 -18.0%
AMT June 30, 2026 1,229 $212,124 -0.8%
ADSK June 30, 2026 886 $212,101 9.0%
IQV June 30, 2026 1,235 $210,669 33.6%
TMUS June 30, 2025 783 $208,816 -31.3%
AGG June 30, 2026 2,096 $208,024
WBD June 30, 2026 7,522 $206,551 16.1%
TMUS Dec. 31, 2025 857 $205,192 -19.4%
CDNS March 31, 2026 654 $204,618 26.4%
INGR March 31, 2026 1,843 $203,217 -15.4%
CTAS Dec. 31, 2025 980 $201,050 2.6%
DOC Dec. 31, 2025 10,146 $194,302 21.2%
WEN Dec. 31, 2025 20,174 $184,794 -26.5%
HLN Sept. 30, 2025 11,617 $116,754 -1.9%
NNY June 30, 2025 12,500 $103,250 -3.5%
CNTN June 30, 2026 25,337 $82,852 -20.2%
HLX Dec. 31, 2025 10,093 $66,210 No longer tracked
NPKI June 30, 2025 10,151 $58,977 38.5%