Sector breakdown

04
Technology 0.9%
Communication Services 0.1%
Retail 0.1%
Industrials 0.1%
Other/Unmapped 98.8%

Full portfolio 87 positions

05
Type Streak 8Q trend
DYNF BlackRock ETF Trust $40,791,697 10.02% 599,790 $4,276,401 Down ×1
IVW iShares Trust $38,929,013 9.56% 283,058 $8,920,134 Up ×6
IVV iShares Trust $31,869,651 7.83% 42,556 $15,275,616 Up ×1
VOO VANGUARD INDEX FUNDS $28,029,651 6.88% 40,811 $2,992,767 Down ×1
Unknown issuer (CUSIP: 09290C616) $27,418,043 6.73% 663,714 $-3,835,654 Down ×1
CORO iShares International Country Rotation Active ETF $22,464,568 5.52% 613,786 Up ×1
ONEQ Fidelity Nasdaq Composite Index ETF $21,764,916 5.34% 210,859 $16,646,561 Up ×2
IEMG iShares, Inc. $20,452,714 5.02% 246,894 $-4,805,948 Down ×1
THRO iShares U.S. Thematic Rotation Active ETF $19,653,746 4.83% 455,898 $4,214,150 Up ×4
BAI iShares A.I. Innovation and Tech Active ETF $16,463,161 4.04% 312,275 $3,715,725 Down ×1
SHLD Global X Funds $11,405,553 2.80% 191,016 $3,171,793 Up ×3
EFV iShares Trust $9,637,557 2.37% 125,899 $-16,197,576 Down ×1
DGRO iShares Trust $8,604,565 2.11% 113,532 $-1,751,946 Down ×1
EFG iShares Trust $8,588,544 2.11% 69,029 $1,507,262 Up ×1
ESGV VANGUARD WORLD FUND $6,242,910 1.53% 47,209 $593,118 Down ×6
IAU iShares Gold Trust Shares $4,944,936 1.21% 65,487 $-1,552,294 Down ×1
INRO iShares U.S. Industry Rotation Active ETF $4,684,068 1.15% 127,661 $1,030,322 Up ×2
IXN iShares Trust $4,400,489 1.08% 30,457 $1,269,960 Down ×2
VLUE iShares Trust $4,208,462 1.03% 21,062 $1,009,734 Down ×6
BINC iShares Flexible Income Active ETF $3,893,331 0.96% 74,385 $435,659 Up ×3
IVOO VANGUARD ADMIRAL FUNDS $3,604,188 0.89% 27,639 $556,893 Up ×5
GOVT iShares Trust $3,579,440 0.88% 157,131 Up ×1
IYW iShares Trust $3,357,218 0.82% 13,310 $1,094,730 Up ×3
QLTY GMO ETF Trust $3,159,909 0.78% 75,923 $753,526 Up ×4
EFA iShares Trust $3,027,227 0.74% 29,142 $-15,516,578 Down ×1
BLCR iShares Large Cap Core Active ETF $2,946,920 0.72% 58,505 Up ×1
IJR iShares Trust $2,904,151 0.71% 19,582 $-2,466,279 Down ×1
VIOO VANGUARD ADMIRAL FUNDS $2,825,441 0.69% 20,543 $334,291 Down ×5
IVE iShares Trust $2,706,451 0.66% 11,920 $-1,010,829 Down ×1
EMXC iShares MSCI Emerging Markets ex China ETF $2,656,622 0.65% 25,969 $523,284 Down ×3
IALT iShares Systematic Alternatives Active ETF $2,572,269 0.63% 91,703 Up ×1
TLT iShares 20+ Year Treasury Bond ETF $2,404,832 0.59% 27,827 $-2,476,149 Down ×1
VTWO Vanguard Russell 2000 ETF $2,146,595 0.53% 17,679 $737,171 Up ×4
BNDX Vanguard Total International Bond ETF $1,878,668 0.46% 38,791 $485,772 Up ×4
IWB iShares Trust $1,829,313 0.45% 4,467 $155,065 Down ×1
TLH iShares Trust $1,709,907 0.42% 17,039 $-704,746 Down ×1
VTI VANGUARD INDEX FUNDS $1,524,195 0.37% 4,119 $104,611 Down ×1
IWM iShares Trust $1,523,720 0.37% 5,071 $221,358 Down ×2
ESGE iShares ESG Aware MSCI EM ETF $1,490,383 0.37% 27,251 $108,930 Down ×1
VEA VANGUARD TAX-MANAGED FUNDS $1,443,576 0.35% 20,261 $70,757 Down ×3
MTUM iShares Trust $1,365,524 0.34% 3,983 $-134,664 Down ×1
NVDA NVIDIA Corporation - Common Stock $1,284,424 0.32% 6,419 $199,482 Up ×3
LMUB iShares Trust $1,109,816 0.27% 21,668 Up ×1
BAR GraniteShares Gold Trust Shares of Beneficial Interest $1,062,103 0.26% 26,868 $-159,248 Up ×1
LCTU iShares U.S. Carbon Transition Readiness Aware Active ETF $987,953 0.24% 12,325 $27,080 Down ×1
IUSB iShares Core Universal USD Bond ETF $984,599 0.24% 21,335 $2,774 Up ×3
VONG Vanguard Russell 1000 Growth ETF $811,721 0.20% 6,351 $115,080
QUAL iShares Trust $760,043 0.19% 3,464 $-1,505,745 Down ×1
ESGU iShares ESG Aware MSCI USA ETF $752,694 0.18% 4,599 $95,332 Down ×1
OEF iShares Trust $697,649 0.17% 1,907 $-1,592,038 Down ×1
IJH iShares Trust $688,801 0.17% 8,933 $42,694 Down ×1
BRTR iShares Total Return Active ETF $687,859 0.17% 13,668 $-140,260 Down ×1
DSI iShares Trust $657,399 0.16% 4,617 $52,587 Down ×1
ITOT iShares Trust $646,042 0.16% 3,933 $85,946 Up ×2
HIMU iShares High Yield Muni Active ETF $618,701 0.15% 12,424 $-107,969 Down ×1
AVGO Broadcom Inc. - Common Stock $585,513 0.14% 1,550 $102,340 Down ×1
MSFT Microsoft Corporation - Common Stock $525,342 0.13% 1,408 $128,708 Up ×3
AMD Advanced Micro Devices, Inc. - Common Stock $488,164 0.12% 840 Up ×1
USXF iShares Trust $474,653 0.12% 6,834 $81,197 Down ×1
CIEN Ciena Corporation Common Stock $466,032 0.11% 950 $97,213
AMZN Amazon.com, Inc. - Common Stock $422,048 0.10% 1,771 $140,217 Up ×2
MPWR Monolithic Power Systems, Inc. - Common Stock $413,974 0.10% 299 $86,589
USMV iShares Trust $411,557 0.10% 4,267 $-53,721 Down ×6
FIXD First Trust Smith Opportunistic Fixed Income ETF $404,522 0.10% 9,276 $29,739 Up ×2
CGXU Capital Group International Focus Equity ETF $371,543 0.09% 10,732 $51,693 Down ×1
IGM iShares Trust $365,472 0.09% 2,234 $100,706
BOND PIMCO ETF Trust $349,550 0.09% 3,791 $28,355 Up ×2
ARKF ARK ETF Trust $337,935 0.08% 8,564 $12,417
XT iShares Future Exponential Technologies ETF $328,401 0.08% 3,974 $16,403 Down ×1
SUSC iShares ESG Aware USD Corporate Bond ETF $326,683 0.08% 14,111 $-211,481 Down ×1
APH Amphenol Corporation Common Stock $289,894 0.07% 1,644 Up ×1
EVUS iShares Trust $287,537 0.07% 8,190 $6,582 Down ×1
VWO VANGUARD INTERNATIONAL EQUITY INDEX FUNDS $282,713 0.07% 4,736 $26,810 Up ×1
ASML ASML Holding N.V. - New York Registry Shares $280,511 0.07% 141 Up ×1
HYG iShares Trust $274,857 0.07% 3,437 $1,409
XYLD Global X Funds $255,468 0.06% 6,263 $10,397
VXF VANGUARD INDEX FUNDS $244,397 0.06% 993 $40,113
MBB iShares MBS ETF $239,269 0.06% 2,531 $-24,997 Down ×1
IYE iShares Trust $231,721 0.06% 4,095 $-57,277 Down ×6
VONV Vanguard Russell 1000 Value ETF $228,035 0.06% 2,145 $26,963
GRNB VanEck ETF Trust $219,315 0.05% 9,087 Up ×1
VUG VANGUARD INDEX FUNDS $218,727 0.05% 2,539
AVSD AMERICAN CENTURY ETF TRUST $211,107 0.05% 2,643 Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $210,018 0.05% 440 Up ×1
ESGD iShares ESG Aware MSCI EAFE ETF $202,854 0.05% 1,973 $-21,400 Down ×1
XLK SELECT SECTOR SPDR TRUST $202,475 0.05% 1,063 Up ×1
VTV VANGUARD INDEX FUNDS $202,406 0.05% 929

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
IVW $38,929,013 9.56% up ×6
THRO $19,653,746 4.83% up ×4
SHLD $11,405,553 2.80% up ×3
BINC $3,893,331 0.96% up ×3
IVOO $3,604,188 0.89% up ×5
IYW $3,357,218 0.82% up ×3
QLTY $3,159,909 0.78% up ×4
VTWO $2,146,595 0.53% up ×4
BNDX $1,878,668 0.46% up ×4
NVDA $1,284,424 0.32% up ×3
IUSB $984,599 0.24% up ×3
MSFT $525,342 0.13% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
CORO $22,464,568 613,786 5.52%
GOVT $3,579,440 157,131 0.88%
BLCR $2,946,920 58,505 0.72%
IALT $2,572,269 91,703 0.63%
LMUB $1,109,816 21,668 0.27%
AMD $488,164 840 0.12%
APH $289,894 1,644 0.07%
ASML $280,511 141 0.07%
GRNB $219,315 9,087 0.05%
VUG $218,727 2,539 0.05%
AVSD $211,107 2,643 0.05%
TSM $210,018 440 0.05%
XLK $202,475 1,063 0.05%
VTV $202,406 929 0.05%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
ONEQ Bought more +151K +$16.6M
EFV Trimmed -222K -$16.2M
IVV Bought more +17K +$15.3M
IVW Bought more +18K +$8.9M
IEMG Trimmed -115K -$4.8M
DYNF Trimmed -28K +$4.3M
THRO Bought more +30K +$4.2M
· Trimmed -202K -$3.8M
BAI Trimmed -75K +$3.7M
SHLD Bought more +75K +$3.2M

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
BLCV March 31, 2026 787,216 $29,378,916
DGRO June 30, 2025 104,384 $6,448,865
LQD March 31, 2026 44,497 $4,903,096
IAGG March 31, 2026 42,083 $2,104,571
SHY March 31, 2026 21,002 $1,739,386
IAGG Sept. 30, 2025 31,483 $1,608,466
IFRA June 30, 2025 29,355 $1,323,043
TOTL Dec. 31, 2025 15,252 $618,783
IYH June 30, 2025 5,427 $330,437 28.3%
DMXF Dec. 31, 2025 3,867 $292,850 13.9%
EMB June 30, 2026 2,676 $251,389
IHI March 31, 2026 4,043 $251,250 -3.3%
VTV Sept. 30, 2025 1,288 $227,600
IXC June 30, 2025 5,077 $213,601 46.2%
HEFA June 30, 2025 5,639 $204,639
VUG March 31, 2026 419 $204,511