Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +36.0%
S&P 500 total return (same window) +37.0%
Excess return -1.0%

Annualized: +27.9% · 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: 97.0% · Options excluded: 0.0%

Sector breakdown

04
Technology 36.1%
Healthcare 13.7%
Financials 11.1%
Industrials 9.3%
Energy 9.2%
Communication Services 5.8%
Real Estate 2.8%
Retail 2.5%
Materials 0.4%
Consumer Staples 0.3%
Other/Unmapped 8.9%

Full portfolio 64 positions

05
Type Streak 8Q trend
NVDA NVIDIA Corporation - Common Stock $18,871,115 11.15% 94,313 $2,381,230 Down ×6
AAPL Apple Inc. - Common Stock $11,538,260 6.82% 39,875 $1,383,336 Down ×6
PLTR Palantir Technologies Inc. - Class A Common Stock $9,185,196 5.43% 78,728 $-2,454,596 Down ×6
GOOG Alphabet Inc. - Class C Capital Stock $8,394,770 4.96% 23,759 $1,553,157 Down ×2
ASML ASML Holding N.V. - New York Registry Shares $8,331,775 4.92% 4,188 $2,819,951 Up ×1
PANW Palo Alto Networks, Inc. - Common Stock $7,639,189 4.51% 22,401 $3,993,833 Down ×1
PNFP Pinnacle Financial Partners, Inc. - Common Stock $5,596,419 3.31% 55,476 $815,735 Down ×1
QQQ Invesco QQQ Trust, Series 1 $5,310,180 3.14% 7,211 $1,258,954 Up ×1
ORCL Oracle Corporation Common Stock $5,183,620 3.06% 35,371 $60,073 Up ×5
REGN Regeneron Pharmaceuticals, Inc. - Common Stock $5,164,158 3.05% 8,282 $-1,078,001 Up ×2
RTX RTX Corporation Common Stock $5,145,478 3.04% 27,120 $-68,995 Up ×1
KMI Kinder Morgan, Inc. Common Stock $4,917,287 2.90% 153,809 $-254,860 Down ×1
GE GE Aerospace Common Stock $4,546,459 2.69% 12,165 Up ×1
PSX Phillips 66 Common Stock $4,471,711 2.64% 26,452 $-420,915 Down ×3
LAMR Lamar Advertising Company - Class A Common Stock $4,425,933 2.61% 28,375 $822,076 Down ×2
AMGN Amgen Inc. - Common Stock $4,330,231 2.56% 11,958 $122,809
AMZN Amazon.com, Inc. - Common Stock $4,174,525 2.47% 17,515 $472,942 Down ×1
JPM JP Morgan Chase & Co. Common Stock $4,029,105 2.38% 12,309 $408,290
XOM Exxon Mobil Corporation Common Stock $3,755,152 2.22% 27,466 $-1,024,340 Down ×6
DXCM DexCom, Inc. - Common Stock $3,595,143 2.12% 53,380 $241,623 Down ×6
TOST Toast, Inc. Class A Common Stock $3,456,079 2.04% 124,230 $187,926 Up ×1
TMO Thermo Fisher Scientific Inc Common Stock $3,342,567 1.97% 6,667 $158,927 Up ×1
PFE Pfizer, Inc. Common Stock $2,794,893 1.65% 116,067 $-473,282 Down ×3
DHR Danaher Corporation Common Stock $2,766,722 1.63% 14,525 $7,473 Down ×1
LHX L3Harris Technologies, Inc. Common Stock $2,582,764 1.53% 8,888 $-461,804 Up ×1
FDX FedEx Corporation Common Stock $2,520,383 1.49% 8,049 $-298,426 Up ×2
HASI HA Sustainable Infrastructure Capital, Inc. Common Stock $2,436,134 1.44% 62,385 $112,101 Down ×1
BX Blackstone Inc. Common Stock $2,359,852 1.39% 20,055 $54,325 Up ×3
LEU Centrus Energy Corp. Class A Common Stock $1,905,157 1.13% 11,349 $-13,533 Up ×1
TCHP T. Rowe Price Blue Chip Growth ETF $1,385,089 0.82% 27,652 $163,424
ITA iShares U.S. Aerospace & Defense ETF $1,297,917 0.77% 5,354 $126,729
QQQJ Invesco NASDAQ Next Gen 100 ETF $1,222,836 0.72% 26,911 $245,818 Down ×2
GOOGL Alphabet Inc. - Class A Common Stock $1,117,139 0.66% 3,126 $218,226
ISRG Intuitive Surgical, Inc. - Common Stock $979,486 0.58% 2,463 $144,172 Up ×2
IWP iShares Russell Midcap Growth ETF $827,070 0.49% 5,649 $82,180 Down ×1
IEFA iShares Core MSCI EAFE ETF $625,066 0.37% 6,472 $40,242 Up ×2
Unknown issuer (CUSIP: 314352105) $601,735 0.36% 3,985 Up ×1
NOC Northrop Grumman Corporation Common Stock $586,725 0.35% 1,152 $-199,215
GS Goldman Sachs Group, Inc. (The) Common Stock $535,015 0.32% 529 $83,256 Down ×2
MDY State Street SPDR S&P MIDCAP 400 ETF Trust $500,075 0.30% 711 $59,092 Down ×1
CVX Chevron Corporation Common Stock $452,028 0.27% 2,727 $-112,188
IDV iShares International Select Dividend ETF $446,450 0.26% 10,776 $175,470 Up ×1
AEM Agnico Eagle Mines Limited Common Stock $439,173 0.26% 2,831 $-135,463
DIA State Street SPDR Dow Jones Industrial Average ETF Trust $386,569 0.23% 740 $43,808
XLE SELECT SECTOR SPDR TRUST $380,799 0.22% 7,170 $-58,435
MSFT Microsoft Corporation - Common Stock $345,823 0.20% 927 $2,644
IVV iShares Trust $337,001 0.20% 450 $43,056
CBRE CBRE Group Inc Common Stock Class A $333,358 0.20% 2,475 $-1,906
BA Boeing Company (The) Common Stock $329,034 0.19% 1,520 $26,508
XLI SELECT SECTOR SPDR TRUST $318,410 0.19% 1,719 $37,162 Down ×1
XLK SELECT SECTOR SPDR TRUST $301,022 0.18% 1,580 $91,040
IHE iShares U.S. Pharmaceutical ETF $259,307 0.15% 2,619 $32,292
MO Altria Group, Inc. $244,270 0.14% 3,395 $20,234
VTWO Vanguard Russell 2000 ETF $242,840 0.14% 2,000 $42,500
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $241,688 0.14% 483 $10,234
T AT&T Inc. $233,703 0.14% 11,290 $-93,594
VSS Vanguard FTSE All-Wld ex-US SmCp Idx ETF $226,498 0.13% 1,468 $12,478
NEU NewMarket Corp Common Stock $221,547 0.13% 280
VOT Vanguard Morningstar Mid-Cap Growth ETF $220,536 0.13% 720
CGON CG Oncology, Inc. - Common stock $216,774 0.13% 3,051 $10,282
BAC Bank of America Corporation Common Stock $215,384 0.13% 3,780 Up ×1
BITB Bitwise Bitcoin ETF $205,720 0.12% 6,457 $-31,962
PEP PepsiCo, Inc. - Common Stock $203,100 0.12% 1,500 $-36,047 Down ×1
BRBS CUSIP: 095825105 $44,125 0.03% 12,500 $-4,175 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
ORCL $5,183,620 3.06% up ×5
BX $2,359,852 1.39% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
GE $4,546,459 12,165 2.69%
Unknown issuer (CUSIP: 314352105) $601,735 3,985 0.36%
NEU $221,547 280 0.13%
VOT $220,536 720 0.13%
BAC $215,384 3,780 0.13%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
PANW Trimmed -337 +$4.0M
ASML Bought more +15 +$2.8M
PLTR Trimmed -844 -$2.5M
NVDA Trimmed -239 +$2.4M
GOOG Trimmed -91 +$1.6M
AAPL Trimmed -138 +$1.4M
QQQ Bought more +192 +$1.3M
REGN Bought more +203 -$1.1M
XOM Trimmed -705 -$1.0M
LAMR Trimmed -78 +$822K

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
STZ Dec. 31, 2025 24,737 $3,331,332 -17.9%
OXY Dec. 31, 2025 67,958 $3,211,016 41.8%
PNFP Dec. 31, 2025 24,658 $2,312,674 0.6%
IJH Sept. 30, 2025 31,447 $1,950,343 11.8%
SLB June 30, 2025 33,356 $1,394,281 48.8%
SHEL June 30, 2025 6,835 $500,869 37.1%
SPMO Dec. 31, 2025 2,835 $343,205
VBR Sept. 30, 2025 1,500 $292,515
IYE Sept. 30, 2025 6,000 $271,320 40.7%
NEU Dec. 31, 2025 300 $248,463 34.5%
CAPR June 30, 2026 7,890 $239,856 -68.2%
MO Dec. 31, 2025 3,395 $224,274 17.7%
QQQM Dec. 31, 2025 868 $214,501
META Dec. 31, 2025 284 $208,567 12.4%
LDOS June 30, 2026 1,309 $203,576 16.0%
VOT March 31, 2026 720 $200,981