Performance vs S&P 500

03
Tracked Q4 2025–Q2 2026 +2.7%
S&P 500 total return (same window) +8.7%
Excess return -6.0%

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: 98.6% · Options excluded: 0.0%

Sector breakdown

04
Technology 33.0%
Communication Services 11.4%
Retail 8.7%
Financials 5.1%
Healthcare 2.5%
Consumer Discretionary 0.3%
Other/Unmapped 39.1%

Full portfolio 28 positions

05
Type Streak 8Q trend
NVDA NVIDIA Corporation - Common Stock $21,533,700 20.21% 107,620 $2,884,485 Up ×2
QQQ Invesco QQQ Trust, Series 1 $17,854,018 16.75% 24,245 $3,524,947 Down ×1
BIL SPDR SERIES TRUST $16,046,805 15.06% 175,107 $-3,769,612 Down ×2
GOOGL Alphabet Inc. - Class A Common Stock $7,704,871 7.23% 21,560 $1,553,409 Up ×1
MSFT Microsoft Corporation - Common Stock $5,753,779 5.40% 15,425 $156,492 Up ×2
AMZN Amazon.com, Inc. - Common Stock $5,352,163 5.02% 22,456 $704,826 Up ×2
COST Costco Wholesale Corporation - Common Stock $3,910,265 3.67% 4,180 $-273,745 Down ×2
FICO Fair Isaac Corporation Common Stock $3,903,346 3.66% 3,267 $568,351 Up ×2
LLY Eli Lilly and Company Common Stock $2,612,359 2.45% 2,178 $689,120 Up ×2
SPY SPY $2,487,491 2.33% 3,331 $115,701 Down ×2
V Visa Inc. $2,460,985 2.31% 7,173 $349,839 Up ×1
IGV iShares Trust $2,237,276 2.10% 24,694 $44,546 Down ×2
AAPL Apple Inc. - Common Stock $2,025,255 1.90% 6,999 $213,681 Down ×2
NFLX Netflix, Inc. - Common Stock $1,965,642 1.84% 27,530 $-431,089 Up ×1
META Meta Platforms, Inc. - Class A Common Stock $1,580,592 1.48% 2,806 $392,278 Up ×2
AVGO Broadcom Inc. - Common Stock $1,504,578 1.41% 3,983 $350,725 Up ×2
MA Mastercard Incorporated Common Stock $1,503,307 1.41% 2,927 $167,716 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $876,838 0.82% 2,482 $164,954
FDN First Trust Exchange-Traded Fund $740,687 0.70% 2,798 $49,362 Down ×1
SPGI S&P Global Inc. Common Stock $702,931 0.66% 1,726 $42,803 Up ×2
Unknown issuer (CUSIP: 84615Q103) $646,534 0.61% 3,784 Up ×1
SPYG SPDR SERIES TRUST $603,874 0.57% 5,075 $106,981
JHML John Hancock Exchange-Traded Fund Trust $535,080 0.50% 6,000 $65,460
MSCI MSCI Inc. Common Stock $529,798 0.50% 946 $-10,829 Down ×2
GLD SPDR Gold Shares $485,156 0.46% 1,317 Up ×1
NOW ServiceNow, Inc. Common Stock $396,921 0.37% 3,998 $-43,025 Down ×2
SMH SMH $323,354 0.30% 493 Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $283,221 0.27% 566 $11,994

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
Unknown issuer (CUSIP: 84615Q103) $646,534 3,784 0.61%
GLD $485,156 1,317 0.46%
SMH $323,354 493 0.30%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
BIL Trimmed -41K -$3.8M
QQQ Trimmed -581 +$3.5M
NVDA Bought more +686 +$2.9M
GOOGL Bought more +168 +$1.6M
AMZN Bought more +142 +$705K
LLY Bought more +87 +$689K
FICO Bought more +143 +$568K
NFLX Bought more +3K -$431K
META Bought more +729 +$392K
AVGO Bought more +255 +$351K

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
SHOP June 30, 2026 3,679 $436,403 32.6%