Sector breakdown

04
Technology 9.5%
Industrials 2.4%
Communication Services 2.1%
Financials 1.9%
Retail 1.7%
Healthcare 1.2%
Consumer Discretionary 0.7%
Energy 0.7%
Consumer Staples 0.2%
Consumer products 0.1%
Utilities 0.1%
Materials 0.1%
Other/Unmapped 79.4%

Full portfolio 134 positions

05
Type Streak 8Q trend
FELC Fidelity Covington Trust $83,016,859 18.81% 1,980,837 $13,349,083 Up ×1
QQQM Invesco NASDAQ 100 ETF $46,901,094 10.63% 154,804 $10,701,599 Up ×1
JIRE J.P. Morgan Exchange-Traded Fund Trust $31,239,711 7.08% 378,709 $3,764,949 Up ×2
UCON First Trust Exchange-Traded Fund VIII $20,964,515 4.75% 842,625 $1,382,943 Up ×2
SYZ Lazard US Systematic Small Cap Equity ETF $16,785,168 3.80% 542,677 $3,056,395 Up ×2
FBND Fidelity Merrimack Street Trust $16,435,761 3.72% 361,305 $289,040 Up ×1
VTV VANGUARD INDEX FUNDS $15,768,472 3.57% 72,356 $1,922,823 Up ×2
FTLS First Trust Exchange-Traded Fund III $15,567,175 3.53% 210,937 $1,376,357 Up ×1
IVV iShares Trust $11,536,103 2.61% 15,404 $1,940,058 Up ×1
ACIO ETF Series Solutions $10,916,355 2.47% 236,592 $1,217,375 Up ×2
AAPL Apple Inc. - Common Stock $10,001,778 2.27% 34,565 $2,585,289 Up ×3
QQQ Invesco QQQ Trust, Series 1 $8,472,854 1.92% 11,506 $1,434,003 Down ×1
NVDA NVIDIA Corporation - Common Stock $8,314,109 1.88% 41,552 $1,385,677 Up ×2
VOO VANGUARD INDEX FUNDS $7,913,906 1.79% 11,523 $632,082 Down ×4
DRSK ETF Series Solutions $7,821,399 1.77% 272,049 $658,268 Up ×1
LMBS First Trust Low Duration Opportunities ETF $7,469,172 1.69% 150,044 $287,459 Up ×1
VTI VANGUARD INDEX FUNDS $6,428,335 1.46% 17,372 $869,018 Up ×1
FTSM First Trust Enhanced Short Maturity ETF $5,639,376 1.28% 94,414 $277,273 Up ×1
SHV iShares 0-1 Year Treasury Bond ETF $5,098,710 1.16% 4,621 $4,630,032 Up ×1
MSFT Microsoft Corporation - Common Stock $5,000,675 1.13% 13,406 $715,733 Up ×4
Q Qnity Electronics, Inc. Common Stock $4,861,747 1.10% 2,977 $4,521,607 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $4,444,708 1.01% 12,437 $847,575 Down ×1
AMZN Amazon.com, Inc. - Common Stock $4,104,980 0.93% 17,223 $658,484 Up ×6
TBLL Invesco Exchange-Traded Fund Trust II $3,795,247 0.86% 35,950 $312,800 Up ×2
FMB First Trust Managed Municipal ETF $3,542,863 0.80% 68,971 $-325,639 Down ×1
SPY SPY $3,484,370 0.79% 4,666 $414,734 Down ×1
JAAA Janus Detroit Street Trust $2,957,596 0.67% 58,578 $-324,561 Down ×1
RDVY First Trust Rising Dividend Achievers ETF $2,819,982 0.64% 34,789 $505,432 Up ×2
AVGO Broadcom Inc. - Common Stock $2,567,558 0.58% 6,797 $633,534 Up ×2
LMT Lockheed Martin Corporation Common Stock $2,347,592 0.53% 4,608 $-531,722 Down ×1
TSLA Tesla, Inc. - Common Stock $1,989,968 0.45% 4,731 $309,933 Up ×1
META Meta Platforms, Inc. - Class A Common Stock $1,682,041 0.38% 2,986 $-14,934 Up ×2
GOOG Alphabet Inc. - Class C Capital Stock $1,629,911 0.37% 4,613 $478,742 Up ×1
MU Micron Technology, Inc. - Common Stock $1,626,395 0.37% 1,409 $1,307,812 Up ×1
JPM JP Morgan Chase & Co. Common Stock $1,605,542 0.36% 4,905 $336,919 Up ×1
WMT Walmart Inc. - Common Stock $1,559,151 0.35% 13,766 $-141,590 Up ×4
AMD Advanced Micro Devices, Inc. - Common Stock $1,534,183 0.35% 2,641 $1,247,754 Up ×2
VRT Vertiv Holdings, LLC Class A Common Stock $1,443,744 0.33% 4,312 $-1,601 Down ×2
LLY Eli Lilly and Company Common Stock $1,426,377 0.32% 1,189 $514,709 Up ×3
RTX RTX Corporation Common Stock $1,422,717 0.32% 7,499 $-43,832 Down ×2
ONTO Onto Innovation Inc. Common Stock $1,384,370 0.31% 3,658 $634,019 Down ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $1,299,150 0.29% 3,126 $466,372 Up ×2
SMIG ETF Series Solutions $1,258,548 0.29% 38,359 $361,595 Up ×2
JNJ Johnson & Johnson Common Stock $1,257,590 0.28% 4,952 $355,998 Up ×4
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $1,254,513 0.28% 2,507 $93,378 Up ×5
AMAT Applied Materials, Inc. - Common Stock $1,184,274 0.27% 1,638 $617,928 Down ×2
IJR iShares Trust $1,174,022 0.27% 7,916 $71,305 Down ×3
IWF iShares Trust $1,046,257 0.24% 8,426 $83,871 Up ×4
CCJ Cameco Corporation Common Stock $1,038,463 0.24% 10,195 $-68,816
XOM Exxon Mobil Corporation Common Stock $985,362 0.22% 7,207 $91,577 Up ×2
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $934,847 0.21% 1,225 $350,403 Down ×1
VNLA Janus Detroit Street Trust $924,601 0.21% 18,922 $351,885 Up ×1
VIG VANGUARD SPECIALIZED FUNDS $924,474 0.21% 3,907 $84,235
V Visa Inc. $868,554 0.20% 2,532 $182,628 Up ×2
CSCO Cisco Systems, Inc. - Common Stock $829,238 0.19% 7,060 $245,440 Down ×1
BUFD First Trust Exchange-Traded Fund VIII $818,013 0.19% 27,524 $47,341
CAT Caterpillar, Inc. Common Stock $812,200 0.18% 763 $374,584 Up ×3
SCHF SCHWAB STRATEGIC TRUST $797,068 0.18% 28,775 $84,887
PGR Progressive Corporation (The) Common Stock $788,406 0.18% 3,609 $46,574 Down ×1
LRCX Lam Research Corporation - Common Stock $779,127 0.18% 1,798 $490,900 Up ×2
USMV iShares Trust $756,828 0.17% 7,846 $29,187
CMI Cummins Inc. Common Stock $749,584 0.17% 1,051 $92,124 Down ×2
CVX Chevron Corporation Common Stock $745,464 0.17% 4,497 $-125,775 Up ×2
BUFR First Trust Exchange-Traded Fund VIII $734,618 0.17% 20,110 $41,995 Down ×1
VXUS Vanguard Total International Stock ETF $715,808 0.16% 8,373 $70,166
HD Home Depot, Inc. (The) Common Stock $704,694 0.16% 1,998 $82,770 Up ×1
COST Costco Wholesale Corporation - Common Stock $675,951 0.15% 723 $-112,793 Down ×1
ABBV AbbVie Inc. Common Stock $656,362 0.15% 2,608 $129,381 Up ×2
INTC Intel Corporation - Common Stock $643,563 0.15% 4,609 Up ×1
VO VANGUARD INDEX FUNDS $639,081 0.14% 7,932 $69,603 Up ×1
SMH SMH $629,389 0.14% 960 $263,781 Up ×1
PG Procter & Gamble Company (The) Common Stock $597,439 0.14% 4,074 $57,688 Up ×2
UNP Union Pacific Corporation Common Stock $563,584 0.13% 2,072 $39,282 Down ×1
GSIE Goldman Sachs ETF Trust $523,494 0.12% 11,455 $29,440
BAC Bank of America Corporation Common Stock $498,321 0.11% 8,746 $116,854 Up ×3
GLW Corning Incorporated Common Stock $497,067 0.11% 1,946 Up ×1
GS Goldman Sachs Group, Inc. (The) Common Stock $485,458 0.11% 480 $138,602 Up ×2
HII Huntington Ingalls Industries, Inc. Common Stock $478,332 0.11% 1,709 $-96,837 Up ×3
MA Mastercard Incorporated Common Stock $467,984 0.11% 911 $-2,773 Down ×1
MRK Merck & Company, Inc. Common Stock (new) $444,711 0.10% 3,461 $131,538 Up ×2
GE GE Aerospace Common Stock $419,699 0.10% 1,123 $127,416 Up ×4
FBT First Trust Exchange-Traded Fund $411,745 0.09% 1,661 $70,351 Down ×2
ARKF ARK ETF Trust $409,357 0.09% 10,374 $17,703 Up ×1
KLAC KLA Corporation - Common Stock $401,576 0.09% 1,331 Up ×1
AXP American Express Company Common Stock $397,444 0.09% 1,175
IEMG iShares, Inc. $391,743 0.09% 4,729 $-64 Down ×1
GEV GE Vernova Inc. Common Stock $390,054 0.09% 332 $130,803 Up ×1
IBM International Business Machines Corporation Common Stock $389,574 0.09% 1,385 $58,869 Up ×4
IJH iShares Trust $386,861 0.09% 5,017 $96,212 Up ×2
C Citigroup, Inc. Common Stock $385,215 0.09% 2,752 $69,899 Down ×1
ORCL Oracle Corporation Common Stock $379,652 0.09% 2,591 $-27,068 Down ×1
Unknown issuer (CUSIP: 26614N201) $372,739 0.08% 2,748 Up ×1
ACGL Arch Capital Group Ltd. - Common Stock $367,760 0.08% 3,789 $-1,130 Down ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $363,383 0.08% 761
MCHP Microchip Technology Incorporated - Common Stock $360,331 0.08% 3,951 $107,318 Up ×1
IWD iShares Trust $357,827 0.08% 1,476 $-158,827 Down ×1
KO Coca-Cola Company (The) Common Stock $352,143 0.08% 4,333 $-6,392 Down ×1
APH Amphenol Corporation Common Stock $349,872 0.08% 1,984 $85,257 Down ×3
XYL Xylem Inc. Common Stock New $341,036 0.08% 2,885 Up ×1
CG The Carlyle Group Inc. - Common Stock $336,333 0.08% 7,987 $-52,965 Down ×1

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
AAPL $10,001,778 2.27% up ×3
MSFT $5,000,675 1.13% up ×4
AMZN $4,104,980 0.93% up ×6
WMT $1,559,151 0.35% up ×4
LLY $1,426,377 0.32% up ×3
JNJ $1,257,590 0.28% up ×4
BRK-B (filed as BRKB) $1,254,513 0.28% up ×5
IWF $1,046,257 0.24% up ×4
CAT $812,200 0.18% up ×3
BAC $498,321 0.11% up ×3
HII $478,332 0.11% up ×3
GE $419,699 0.10% up ×4
IBM $389,574 0.09% up ×4
BA $312,366 0.07% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
INTC $643,563 4,609 0.15%
GLW $497,067 1,946 0.11%
KLAC $401,576 1,331 0.09%
AXP $397,444 1,175 0.09%
Unknown issuer (CUSIP: 26614N201) $372,739 2,748 0.08%
TSM $363,383 761 0.08%
XYL $341,036 2,885 0.08%
WDC $335,967 526 0.08%
SRE $296,672 3,200 0.07%
SCIO $288,898 13,977 0.07%
QCOM $278,479 1,507 0.06%
TXN $255,148 856 0.06%
MS $247,921 1,186 0.06%
VUG $234,645 2,724 0.05%
SOXX $230,674 360 0.05%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
FELC Bought more +62K +$13.3M
QQQM Bought more +3K +$10.7M
JIRE Bought more +16K +$3.8M
SYZ Bought more +17K +$3.1M
AAPL Bought more +5K +$2.6M
IVV Bought more +713 +$1.9M
VTV Bought more +2K +$1.9M
QQQ Trimmed -689 +$1.4M
NVDA Bought more +2K +$1.4M
UCON Bought more +52K +$1.4M

2 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
QQQM Sept. 30, 2025 90,112 $20,478,757
UCON Sept. 30, 2025 656,393 $16,344,026
JIRE Sept. 30, 2025 185,366 $13,126,914
FTLS Sept. 30, 2025 184,682 $12,250,428
QUAL Sept. 30, 2025 65,335 $11,953,794
ACIO Sept. 30, 2025 174,659 $7,234,553
LMBS Sept. 30, 2025 137,391 $6,769,999
FTSM Sept. 30, 2025 109,713 $6,576,346
NVDA Sept. 30, 2025 41,590 $6,570,865 25.4%
QQQ Sept. 30, 2025 11,772 $6,494,027 24.0%
DRSK Sept. 30, 2025 212,099 $6,097,856
FMB Sept. 30, 2025 66,717 $3,323,841
TBLL Sept. 30, 2025 26,083 $2,752,857
SPY Sept. 30, 2025 3,874 $2,394,113 No longer tracked
RDVY Sept. 30, 2025 35,937 $2,244,196
META Sept. 30, 2025 2,514 $1,855,722 -0.9%
JAAA Sept. 30, 2025 32,807 $1,664,986
SMIG Sept. 30, 2025 54,008 $1,558,130
AVGO Sept. 30, 2025 5,131 $1,414,440 7.6%
TSLA Sept. 30, 2025 4,170 $1,324,089 -16.7%
VRT Sept. 30, 2025 10,009 $1,285,255 67.2%
FOUR Sept. 30, 2025 12,498 $1,238,676 -53.3%
RTX Sept. 30, 2025 7,261 $1,060,297 10.4%
CCJ Sept. 30, 2025 13,828 $1,026,452 1.6%
JPM Sept. 30, 2025 3,411 $989,601 5.4%
COST Sept. 30, 2025 987 $975,880 -0.5%
CRWD Sept. 30, 2025 1,730 $881,106 -44.9%
FOUR March 31, 2026 12,502 $787,250 -17.3%
UNH Sept. 30, 2025 2,474 $780,172 7.7%
USMV Sept. 30, 2025 7,846 $736,506
BUFD Sept. 30, 2025 27,524 $731,037
V Sept. 30, 2025 2,016 $711,422 5.6%
PLTR Sept. 30, 2025 4,989 $680,373 3.5%
NFLX Sept. 30, 2025 491 $657,512 -94.4%
BUFR Sept. 30, 2025 20,510 $652,218
DPZ Sept. 30, 2025 1,398 $629,488 -31.1%
PSN Sept. 30, 2025 8,490 $609,327 -50.8%
VNLA Sept. 30, 2025 11,421 $561,947
DPZ June 30, 2026 1,512 $542,490 0.5%
HDSN June 30, 2026 90,517 $532,240 -8.9%
GTLS Sept. 30, 2025 3,154 $519,306 No longer tracked
DHR June 30, 2026 2,675 $508,128 12.4%
MA Sept. 30, 2025 910 $507,037 -2.9%
XOM Sept. 30, 2025 4,682 $506,869 45.5%
DD June 30, 2026 10,413 $476,915 -4.2%
GTLS March 31, 2026 2,274 $468,967 No longer tracked
CSCO Sept. 30, 2025 6,722 $466,395 64.0%
SHY March 31, 2026 5,566 $460,984
ORCL Sept. 30, 2025 1,873 $409,657 -49.4%
AGG March 31, 2026 4,078 $407,310
JPEM June 30, 2025 7,612 $401,311
ABBV Sept. 30, 2025 2,154 $398,734 13.5%
CG Sept. 30, 2025 7,527 $386,887 -36.5%
TTAN Sept. 30, 2025 3,572 $382,846 -33.5%
APP March 31, 2026 567 $382,055 -32.6%
ACGL Sept. 30, 2025 3,805 $345,443 3.2%
CRM March 31, 2026 1,255 $332,489 25.7%
BIL Sept. 30, 2025 3,473 $318,578
ISRG Sept. 30, 2025 574 $310,738 -12.4%
CRM Sept. 30, 2025 1,126 $307,652 -1.0%
FIXD Sept. 30, 2025 6,587 $289,107
OMFL Sept. 30, 2025 4,955 $286,342
APP Sept. 30, 2025 791 $275,863 -62.7%
LIN June 30, 2025 582 $271,138 2.2%
DOW June 30, 2026 6,434 $267,993 2.2%
AXP March 31, 2026 698 $258,225 0.1%
AMD Sept. 30, 2025 1,798 $255,136 291.8%
GS Sept. 30, 2025 357 $252,932 13.3%
SMH Sept. 30, 2025 896 $250,089 93.2%
ISRG June 30, 2026 544 $248,395 -1.4%
TSM March 31, 2026 809 $246,120 39.9%
DGRW Sept. 30, 2025 2,926 $245,043
REMX June 30, 2026 2,696 $237,248 -24.7%
QCOM March 31, 2026 1,304 $223,049 43.6%
UBER Sept. 30, 2025 2,375 $221,587 -30.5%
VUG March 31, 2026 454 $221,488
TMO March 31, 2026 375 $217,293 33.2%
MCHP Sept. 30, 2025 3,019 $212,447 26.6%
J March 31, 2026 1,602 $212,200 8.5%
IWV Dec. 31, 2025 550 $208,417
MRK Sept. 30, 2025 2,567 $205,586 71.9%
ABT June 30, 2026 2,058 $205,182 7.4%
FDX June 30, 2026 575 $204,804 -7.3%
COF March 31, 2026 844 $204,551 6.7%
VZ Sept. 30, 2025 4,704 $201,988 4.5%
ACN June 30, 2025 646 $201,701 -33.5%
UBER March 31, 2026 2,459 $200,924 -5.3%
FBT Sept. 30, 2025 1,244 $200,772
LPL March 31, 2026 18,903 $79,581 -19.6%