Sector breakdown

04
Other/Unmapped 100.0%

Full portfolio 72 positions

05
Type Streak 8Q trend
ITOT iShares Trust $262,240 13.54% 1,596,396 $37,071 Up ×4
SCHB SCHWAB STRATEGIC TRUST $231,305 11.95% 7,987,057 $26,351 Down ×6
DFIC Dimensional ETF Trust $226,968 11.72% 6,091,469 $11,814 Up ×1
AVUV AMERICAN CENTURY ETF TRUST $144,729 7.47% 1,160,062 $12,065 Down ×2
IWV iShares Trust $143,497 7.41% 336,531 $17,167 Down ×6
DFEM Dimensional ETF Trust $92,931 4.80% 2,286,699 $11,282 Down ×3
VGSH Vanguard Short-Term Treasury ETF $80,429 4.15% 1,381,942 $2,872 Up ×6
VTI VANGUARD INDEX FUNDS $76,956 3.97% 207,968 $7,776 Down ×4
SPHQ Invesco Exchange-Traded Fund Trust $68,932 3.56% 765,065 $10,649 Down ×1
VIG VANGUARD SPECIALIZED FUNDS $61,937 3.20% 261,759 $5,736 Up ×4
AVMV AMERICAN CENTURY ETF TRUST $60,707 3.14% 753,800 $6,037 Up ×6
QQQ Invesco QQQ Trust, Series 1 $58,994 3.05% 80,111 $11,859 Down ×6
URTH iShares, Inc. $58,585 3.03% 289,110 $6,744 Up ×1
COWZ Pacer Funds Trust $52,906 2.73% 850,580 $450 Up ×6
IJJ iShares Trust $48,658 2.51% 329,371 $4,246 Down ×2
JHMD John Hancock Exchange-Traded Fund Trust $33,467 1.73% 753,584 $-187 Down ×6
SLYV SPDR SERIES TRUST $27,752 1.43% 254,349 $2,527 Down ×6
JPST J.P. Morgan Exchange-Traded Fund Trust $27,690 1.43% 547,556 $169 Up ×6
VOE VANGUARD INDEX FUNDS $15,895 0.82% 80,442 $614 Down ×6
AGG iShares Trust $15,342 0.79% 155,002 $606 Up ×4
VTHR Vanguard Russell 3000 ETF $13,441 0.69% 40,556 $1,635 Down ×4
QQQM Invesco NASDAQ 100 ETF $12,975 0.67% 42,827 $2,880 Up ×6
SPTM SPDR SERIES TRUST $12,414 0.64% 136,729 $1,234 Down ×4
IEMG iShares, Inc. $9,532 0.49% 115,060 $1,067 Down ×6
CORP PIMCO ETF Trust $8,036 0.42% 82,927 $1,738 Up ×5
DFUV Dimensional ETF Trust $6,123 0.32% 111,311 $791 Up ×1
MDY State Street SPDR S&P MIDCAP 400 ETF Trust $5,383 0.28% 7,654 $918 Up ×1
SCHO SCHWAB STRATEGIC TRUST $5,381 0.28% 222,902 $-273 Down ×6
DFAT Dimensional ETF Trust $4,984 0.26% 71,295 $595 Up ×1
AVDE AMERICAN CENTURY ETF TRUST $4,762 0.25% 53,391 $157 Down ×5
SPY SPY $4,738 0.24% 6,345 $1,284 Up ×2
IQLT iShares Trust $4,688 0.24% 94,610 $127 Down ×2
IVV iShares Trust $4,605 0.24% 6,149 $596 Up ×1
IWB iShares Trust $4,021 0.21% 9,820 $520 Up ×1
IJS iShares Trust $3,893 0.20% 28,481 $421 Down ×6
BSV VANGUARD BOND INDEX FUNDS $3,863 0.20% 49,579 $501 Up ×6
SCHF SCHWAB STRATEGIC TRUST $3,608 0.19% 130,254 $441 Up ×1
TFI SPDR SERIES TRUST $3,067 0.16% 66,957 $229 Up ×4
DFSV Dimensional ETF Trust $2,628 0.14% 67,753 $259 Up ×1
IWR iShares Trust $2,298 0.12% 20,831 $277 Up ×1
AVEM AMERICAN CENTURY ETF TRUST $2,229 0.12% 23,101 $370 Up ×2
SUB iShares Trust $2,150 0.11% 20,189 $118 Up ×1
JHSC John Hancock Exchange-Traded Fund Trust $2,084 0.11% 42,913 $247 Up ×1
VIOV VANGUARD ADMIRAL FUNDS $2,044 0.11% 17,424 $104 Down ×6
BND Vanguard Total Bond Market ETF $1,881 0.10% 25,620 $-24 Down ×2
IJH iShares Trust $1,623 0.08% 21,050 $166 Down ×2
IDEV iShares Trust $1,602 0.08% 17,996 $25 Down ×2
IWS iShares Trust $1,373 0.07% 8,343 $161 Up ×1
JHEM John Hancock Exchange-Traded Fund Trust $1,185 0.06% 29,448 $179 Up ×1
IEFA iShares Trust $1,174 0.06% 12,152 $85 Up ×1
SCHX SCHWAB STRATEGIC TRUST $1,107 0.06% 37,632 $143 Up ×2
IVE iShares Trust $1,094 0.06% 4,816 $-10 Down ×2
IWM iShares Trust $1,021 0.05% 3,399 $146 Down ×2
ISTB iShares Core 1-5 Year USD Bond ETF $640 0.03% 13,264 $-2 Up ×6
SCHE SCHWAB STRATEGIC TRUST $627 0.03% 17,287 $39 Down ×2
MUB iShares Trust $537 0.03% 4,991 $9 Up ×4
SCHA SCHWAB STRATEGIC TRUST $534 0.03% 14,772 $73 Down ×2
SPTS SPDR SERIES TRUST $531 0.03% 18,298 $2 Up ×5
VOO VANGUARD INDEX FUNDS $472 0.02% 688 $117 Up ×1
SHM SPDR SERIES TRUST $390 0.02% 8,128 $7 Up ×3
VEA VANGUARD TAX-MANAGED FUNDS $352 0.02% 4,934 $54 Up ×3
DIA State Street SPDR Dow Jones Industrial Average ETF Trust $241 0.01% 462 $27
VBR VANGUARD INDEX FUNDS $237 0.01% 973 $-34 Down ×2
VWO VANGUARD INTERNATIONAL EQUITY INDEX FUNDS $148 0.01% 2,485 $-46 Down ×1
SCHZ SCHWAB STRATEGIC TRUST $133 0.01% 5,739 $1 Up ×2
VTV VANGUARD INDEX FUNDS $123 0.01% 566 $15 Up ×1
IJR iShares Trust $109 0.01% 733 $-17 Down ×2
SCHV SCHWAB STRATEGIC TRUST $90 0.00% 2,579 $-4 Down ×1
EFA iShares Trust $80 0.00% 771 $6 Up ×1
IWN iShares Trust $41 0.00% 188 $6 Up ×1
DFAC Dimensional ETF Trust $29 0.00% 656 $4 Up ×5
CAPE DoubleLine ETF Trust $22 0.00% 678 $-15,096 Down ×6

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
ITOT $262,240 13.54% up ×4
VGSH $80,429 4.15% up ×6
VIG $61,937 3.20% up ×4
AVMV $60,707 3.14% up ×6
COWZ $52,906 2.73% up ×6
JPST $27,690 1.43% up ×6
AGG $15,342 0.79% up ×4
QQQM $12,975 0.67% up ×6
CORP $8,036 0.42% up ×5
BSV $3,863 0.20% up ×6
TFI $3,067 0.16% up ×4
ISTB $640 0.03% up ×6
MUB $537 0.03% up ×4
SPTS $531 0.03% up ×5
SHM $390 0.02% up ×3

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
ITOT Bought more +15K +$37K
SCHB Trimmed -178K +$26K
IWV Trimmed -4K +$17K
AVUV Trimmed -41K +$12K
QQQ Trimmed -2K +$12K
DFIC Bought more +36K +$12K
DFEM Trimmed -77K +$11K
SPHQ Trimmed -10K +$11K
VTI Trimmed -8K +$8K
URTH Bought more +1K +$7K

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
IVW June 30, 2025 23,772 $2,207 30.1%
IJT June 30, 2025 10,058 $1,252
IWF June 30, 2025 2,260 $816 18.9%
EFG June 30, 2025 8,059 $806
SCHG June 30, 2025 22,495 $563 24.1%
AOM Dec. 31, 2025 4,991 $237
IWP June 30, 2025 1,368 $161 0.6%
IVOV Sept. 30, 2025 931 $89 8.2%