Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +28.0%
S&P 500 total return (same window) +37.0%
Excess return -9.0%

Annualized: +21.8% · 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: 96.1% · Options excluded: 0.0%

Sector breakdown

04
Technology 33.1%
Industrials 16.0%
Healthcare 13.1%
Retail 9.5%
Financials 8.3%
Communication Services 6.9%
Consumer products 2.5%
Materials 2.2%
Energy 2.1%
Utilities 1.5%
Consumer Staples 0.1%
Other/Unmapped 4.6%

Full portfolio 60 positions

05
Type Streak 8Q trend
AMD Advanced Micro Devices, Inc. - Common Stock $17,249,542 7.43% 29,694 $11,663,557 Up ×2
GOOGL Alphabet Inc. - Class A Common Stock $15,628,862 6.73% 43,733 $3,598,501 Up ×2
NVDA NVIDIA Corporation - Common Stock $13,629,130 5.87% 68,115 $3,879,821 Up ×2
AAPL Apple Inc. - Common Stock $12,548,386 5.40% 43,366 $2,629,004 Up ×4
ADI Analog Devices, Inc. - Common Stock $10,283,526 4.43% 25,892 $1,659,386 Down ×1
AMAT Applied Materials, Inc. - Common Stock $9,017,979 3.88% 12,473 $4,846,773 Up ×4
AMZN Amazon.com, Inc. - Common Stock $8,574,282 3.69% 35,975 $1,590,156 Up ×6
MA Mastercard Incorporated Common Stock $8,371,680 3.61% 16,300 $1,033,173 Up ×4
MSFT Microsoft Corporation - Common Stock $8,145,264 3.51% 21,836 $1,039,482 Up ×6
ROK Rockwell Automation, Inc. Common Stock $8,010,889 3.45% 16,181 $2,746,120 Up ×4
TJX TJX Companies, Inc. (The) Common Stock $7,471,979 3.22% 49,320 $101,824 Up ×4
JNJ Johnson & Johnson Common Stock $7,285,384 3.14% 28,686 $899,878 Up ×4
RTX RTX Corporation Common Stock $6,533,921 2.81% 34,438 $602,053 Up ×2
SBGSY CUSIP: 80687P106 $6,292,411 2.71% 96,539 $1,516,777 Up ×6
LLY Eli Lilly and Company Common Stock $5,902,395 2.54% 4,921 $2,194,803 Up ×5
PG Procter & Gamble Company (The) Common Stock $5,886,570 2.53% 40,143 $533,191 Up ×6
ADP Automatic Data Processing, Inc. - Common Stock $5,801,648 2.50% 25,906 $1,042,360 Up ×4
HD Home Depot, Inc. (The) Common Stock $5,518,736 2.38% 15,648 $865,929 Up ×6
DHR Danaher Corporation Common Stock $5,372,298 2.31% 28,204 $325,525 Up ×6
ABT Abbott Laboratories Common Stock $5,302,300 2.28% 58,434 $-247,630 Up ×4
ATR AptarGroup, Inc. Common Stock $4,923,740 2.12% 39,327 $164,722 Up ×4
VRTX Vertex Pharmaceuticals Incorporated - Common Stock $4,612,138 1.99% 9,285 $976,856 Up ×6
XYL Xylem Inc. Common Stock New $4,531,817 1.95% 38,337 $342,745 Up ×6
AXP American Express Company Common Stock $4,498,049 1.94% 13,298 $1,252,438 Up ×5
CNI Canadian National Railway Company Common Stock $4,136,793 1.78% 34,693 $955,240 Up ×2
CVX Chevron Corporation Common Stock $3,899,338 1.68% 23,524 $-274,248 Up ×1
SCHW Charles Schwab Corporation (The) Common Stock $3,895,086 1.68% 42,214 $808,877 Up ×4
NEE NextEra Energy, Inc. Common Stock $3,499,127 1.51% 39,867 $629,506 Up ×2
UBER Uber Technologies, Inc. Common Stock $3,257,013 1.40% 45,136 $481,667 Up ×5
ASML ASML Holding N.V. - New York Registry Shares $2,126,129 0.92% 1,084 $926,816 Up ×3
AVGO Broadcom Inc. - Common Stock $2,114,267 0.91% 5,597 $1,163,143 Up ×2
WCN Waste Connections, Inc. Common Shares $2,077,125 0.89% 12,461 $1,106,708 Up ×1
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $1,681,961 0.72% 2,204 $1,022,949 Up ×4
ABBV AbbVie Inc. Common Stock $1,155,027 0.50% 4,590 $156,748
XOM Exxon Mobil Corporation Common Stock $1,032,236 0.44% 7,550 $-248,697
APH Amphenol Corporation Common Stock $975,579 0.42% 5,533 $224,681 Down ×1
V Visa Inc. $874,879 0.38% 2,550 $562,061 Up ×1
Unknown issuer (CUSIP: 00771X419) $838,405 0.36% 45,246 $108,148 Up ×6
Unknown issuer (CUSIP: 00171A878) $832,293 0.36% 78,815 $164,381 Up ×6
NSRGY CUSIP: 641069406 $824,601 0.36% 8,030 $291,444 Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $645,503 0.28% 1,290 $68,067 Up ×4
MRK Merck & Company, Inc. Common Stock (new) $616,800 0.27% 4,800 $39,409
CP Canadian Pacific Kansas City Limited Common Shares $597,105 0.26% 6,891 $96,434 Up ×2
COST Costco Wholesale Corporation - Common Stock $596,830 0.26% 638 $-38,892
Unknown issuer (CUSIP: 438516205) $530,419 0.23% 2,369 Up ×1
Unknown issuer (CUSIP: 43849R105) $523,739 0.23% 2,369 Up ×1
UNP Union Pacific Corporation Common Stock $408,000 0.18% 1,500 $44,070
IVV iShares Trust $374,445 0.16% 500 Up ×1
Unknown issuer (CUSIP: B798FW902) $371,263 0.16% 5,900 $170,596 Up ×1
DE Deere & Company Common Stock $333,023 0.14% 525 $37,291
CARR Carrier Global Corporation Common Stock $319,072 0.14% 4,350 $-1,768,733 Down ×3
GOOG Alphabet Inc. - Class C Capital Stock $312,699 0.13% 885 $37,312 Down ×3
PEP PepsiCo, Inc. - Common Stock $301,265 0.13% 2,225 $-145,194 Down ×1
ECL Ecolab Inc. Common Stock $278,610 0.12% 1,000 $12,590
SYK Stryker Corporation Common Stock $269,188 0.12% 855 $-11,757
JPM JP Morgan Chase & Co. Common Stock $252,699 0.11% 772 $25,607
FISV Fiserv, Inc. - Common Stock $236,568 0.10% 4,823 $-913,804 Down ×3
DOV Dover Corporation Common Stock $224,280 0.10% 1,000 $15,830
AFL AFLAC Incorporated Common Stock $211,050 0.09% 1,800
GS Goldman Sachs Group, Inc. (The) Common Stock $202,274 0.09% 200 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
AAPL $12,548,386 5.40% up ×4
AMAT $9,017,979 3.88% up ×4
AMZN $8,574,282 3.69% up ×6
MA $8,371,680 3.61% up ×4
MSFT $8,145,264 3.51% up ×6
ROK $8,010,889 3.45% up ×4
TJX $7,471,979 3.22% up ×4
JNJ $7,285,384 3.14% up ×4
SBGSY $6,292,411 2.71% up ×6
LLY $5,902,395 2.54% up ×5
PG $5,886,570 2.53% up ×6
ADP $5,801,648 2.50% up ×4
HD $5,518,736 2.38% up ×6
DHR $5,372,298 2.31% up ×6
ABT $5,302,300 2.28% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
Unknown issuer (CUSIP: 438516205) $530,419 2,369 0.23%
Unknown issuer (CUSIP: 43849R105) $523,739 2,369 0.23%
IVV $374,445 500 0.16%
AFL $211,050 1,800 0.09%
GS $202,274 200 0.09%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
AMD Bought more +2K +$11.7M
AMAT Bought more +269 +$4.8M
NVDA Bought more +12K +$3.9M
GOOGL Bought more +2K +$3.6M
ROK Bought more +2K +$2.7M
AAPL Bought more +4K +$2.6M
LLY Bought more +890 +$2.2M
ADI Trimmed -1K +$1.7M
AMZN Bought more +2K +$1.6M
SBGSY Bought more +9K +$1.5M

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
CRM Dec. 31, 2025 6,210 $1,471,770 -11.4%
HON June 30, 2026 4,544 $1,027,080 -4.4%
UNH June 30, 2026 3,596 $973,041 -10.5%
BDX June 30, 2025 2,658 $608,842 30.6%
BALL Sept. 30, 2025 9,365 $525,283 11.8%
MKC June 30, 2026 8,785 $443,116 -11.4%
ADBE Sept. 30, 2025 816 $315,693 -32.6%
NVO March 31, 2026 5,370 $273,226 1.6%
RELX March 31, 2026 5,860 $236,861 0.8%
MDT June 30, 2025 2,370 $212,968 -0.9%
KMB June 30, 2025 1,470 $209,063 -26.8%
DE Sept. 30, 2025 400 $203,396 50.2%
SPY June 30, 2025 360 $201,380 No longer tracked
AFL Dec. 31, 2025 1,800 $201,060 1.2%
AFL June 30, 2025 1,800 $200,142 5.8%