Sector breakdown

04
Technology 15.2%
Industrials 13.4%
Financials 9.3%
Healthcare 9.2%
Retail 5.5%
Communication Services 5.1%
Energy 4.7%
Consumer Staples 4.1%
Consumer products 2.3%
Utilities 1.1%
Consumer Discretionary 0.9%
Materials 0.3%
Other/Unmapped 28.9%

Full portfolio 130 positions

05
Type Streak 8Q trend
AAPL Apple Inc. - Common Stock $8,159,374 5.08% 28,198 $916,204 Down ×2
CAT Caterpillar, Inc. Common Stock $7,956,934 4.95% 7,472 $2,663,321
JNJ Johnson & Johnson Common Stock $6,806,401 4.24% 26,800 $49,835 Down ×3
VTI Vanguard Morningstar Total Stock Market ETF $4,945,954 3.08% 13,366 $1,370,526 Up ×2
MUB iShares Trust $4,610,225 2.87% 42,838 $-857,031 Down ×1
AGG iShares Trust $3,664,042 2.28% 37,018 $-53,224 Down ×1
CVX Chevron Corporation Common Stock $3,661,475 2.28% 22,089 $-989,845 Down ×3
MSFT Microsoft Corporation - Common Stock $3,604,489 2.24% 9,663 $-73,524 Down ×1
JPM JP Morgan Chase & Co. Common Stock $3,554,153 2.21% 10,858 $298,977 Down ×1
GOOGL Alphabet Inc. - Class A Common Stock $3,551,545 2.21% 9,938 $761,353 Up ×1
PG Procter & Gamble Company (The) Common Stock $3,399,410 2.12% 23,182 $-1,285 Down ×3
BND Vanguard Total Bond Market ETF $3,386,477 2.11% 46,131 $133,726 Up ×2
XOM Exxon Mobil Corporation Common Stock $3,313,409 2.06% 24,235 $-782,352 Up ×1
IBM International Business Machines Corporation Common Stock $3,229,133 2.01% 11,483 $417,166 Down ×3
WMT Walmart Inc. - Common Stock $3,209,788 2.00% 28,340 $-438,203 Down ×2
UNP Union Pacific Corporation Common Stock $2,547,552 1.59% 9,366 $275,172
IJH iShares Trust $2,533,912 1.58% 32,861 $310,146 Down ×1
KO Coca-Cola Company (The) Common Stock $2,517,828 1.57% 30,981 $219,139 Up ×1
NVDA NVIDIA Corporation - Common Stock $2,475,913 1.54% 12,374 $242,896 Down ×3
GOOG Alphabet Inc. - Class C Capital Stock $2,259,901 1.41% 6,396 $392,728 Down ×1
BRK-A (filed as BRKA) Berkshire Hathaway Inc. Class A $2,246,550 1.40% 3 $92,130
VEA Vanguard FTSE Developed Markets ETF $2,224,641 1.38% 31,223 $874,412 Up ×2
SCHB SCHWAB STRATEGIC TRUST $2,191,577 1.36% 75,676 $271,427 Down ×3
VCSH Vanguard Short-Term Corporate Bond ETF $2,142,896 1.33% 27,115 $612,827 Up ×4
TXN Texas Instruments Incorporated - Common Stock $2,020,618 1.26% 6,779 $704,543
VWO Vanguard FTSE Emerging Markets ETF $1,860,837 1.16% 31,175 $554,066 Up ×2
MRK Merck & Company, Inc. Common Stock (new) $1,844,878 1.15% 14,357 $107,769 Down ×1
AMZN Amazon.com, Inc. - Common Stock $1,834,026 1.14% 7,695 $321,984 Up ×1
PM Philip Morris International Inc Common Stock $1,811,451 1.13% 10,013 $59,012 Down ×1
IAGG iShares International Aggregate Bond Fund $1,744,990 1.09% 34,486 $321,554 Up ×2
BMY Bristol-Myers Squibb Company Common Stock $1,688,613 1.05% 29,306 $-88,797
SPY SPY $1,653,349 1.03% 2,214 $-210,525 Down ×3
NSC Norfolk Southern Corporation Common Stock $1,596,859 0.99% 5,076 $88,387 Down ×6
GE GE Aerospace Common Stock $1,427,276 0.89% 3,819 $308,088 Down ×3
LLY Eli Lilly and Company Common Stock $1,308,580 0.81% 1,091 $352,019 Up ×1
TGT Target Corporation Common Stock $1,308,451 0.81% 10,018 $45,790 Down ×2
ADP Automatic Data Processing, Inc. - Common Stock $1,274,053 0.79% 5,689 $95,203 Down ×2
GL Globe Life Inc. Common Stock $1,206,090 0.75% 6,750 $266,692
NEE NextEra Energy, Inc. Common Stock $1,201,308 0.75% 13,687 $-74,862 Down ×1
SPHY State Street SPDR Portfolio High Yield Bond ETF $1,181,258 0.74% 50,395 $292,489 Up ×4
GEV GE Vernova Inc. Common Stock $1,123,167 0.70% 956 $261,613 Down ×1
BK The Bank of New York Mellon Corporation Common Stock $1,063,463 0.66% 7,354 $167,213 Down ×1
ABBV AbbVie Inc. Common Stock $1,043,047 0.65% 4,145 $571,096 Up ×1
MRSH Marsh Common Stock $1,027,354 0.64% 6,164 $-41,793
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF $1,010,150 0.63% 19,274 $-2,891
QUAL iShares Trust $991,604 0.62% 4,519 $438,232 Up ×2
CSCO Cisco Systems, Inc. - Common Stock $977,854 0.61% 8,325 $342,934 Up ×1
MO Altria Group, Inc. $956,721 0.60% 13,297 $62,820 Down ×1
HD Home Depot, Inc. (The) Common Stock $947,297 0.59% 2,686 $63,242 Down ×3
AVGO Broadcom Inc. - Common Stock $937,577 0.58% 2,482 $169,684 Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $915,715 0.57% 1,830 $76,157 Up ×1
IJR iShares Trust $877,253 0.55% 5,915 $138,977 Down ×1
AXP American Express Company Common Stock $868,628 0.54% 2,568 $91,860
AVDV AMERICAN CENTURY ETF TRUST $863,455 0.54% 8,379 $123,593 Up ×1
IAU iShares Gold Trust Shares $851,980 0.53% 11,283 $-177,465 Down ×1
FDX FedEx Corporation Common Stock $846,391 0.53% 2,703 $-116,363
ORCL Oracle Corporation Common Stock $840,172 0.52% 5,733 $-3,213
V Visa Inc. $826,504 0.51% 2,409 $98,407
EFA iShares Trust $824,911 0.51% 7,941 $25,240 Down ×1
SUB iShares Short-Term National Muni Bond ETF $787,345 0.49% 7,395 $-315,997 Down ×2
VYM Vanguard High Dividend Yield ETF $784,937 0.49% 4,967 $328,050 Up ×4
COST Costco Wholesale Corporation - Common Stock $772,698 0.48% 826 $-54,338 Down ×2
IVV iShares Trust $725,674 0.45% 969 $4,531 Down ×1
META Meta Platforms, Inc. - Class A Common Stock $713,688 0.44% 1,267 $-8,341 Up ×1
FALN iShares Fallen Angels USD Bond ETF $680,429 0.42% 24,979 $12,990
VBR Vanguard Morningstar Small-Cap Value ETF $678,187 0.42% 2,791 $180,029 Up ×2
VOO Vanguard S&P 500 ETF $676,507 0.42% 985 $84,931 Down ×1
HBAN Huntington Bancshares Incorporated - Common Stock $674,166 0.42% 38,024 $79,090
MCD McDonald's Corporation Common Stock $664,154 0.41% 2,457 $-148,564 Down ×1
PEP PepsiCo, Inc. - Common Stock $646,942 0.40% 4,778 $-98,142 Down ×2
MA Mastercard Incorporated Common Stock $645,082 0.40% 1,256 $48,487 Up ×1
PAVE Global X Funds $641,875 0.40% 10,894 $88,351
TSM Taiwan Semiconductor Manufacturing Company Ltd. $627,527 0.39% 1,314 $203,738 Up ×1
MDLZ Mondelez International, Inc. - Class A Common Stock $611,833 0.38% 10,578 $1,080 Down ×3
RTX RTX Corporation Common Stock $600,307 0.37% 3,164 $-10,028
LRCX Lam Research Corporation - Common Stock $594,530 0.37% 1,372 $301,601 Up ×1
USMV iShares MSCI USA Min Vol Factor ETF $578,760 0.36% 6,000 $13,046 Down ×2
SUSB iShares ESG Aware 1-5 Year USD Corporate Bond ETF $570,422 0.36% 22,826 $-1,712
BA Boeing Company (The) Common Stock $562,174 0.35% 2,597 $-36,509 Down ×1
PFE Pfizer, Inc. Common Stock $554,321 0.35% 23,020 $-155,597 Down ×1
EMR Emerson Electric Company Common Stock $552,131 0.34% 3,857 $45,085 Down ×3
MU Micron Technology, Inc. - Common Stock $549,444 0.34% 476 Up ×1
MMM 3M Company Common Stock $545,313 0.34% 3,368 $54,725 Down ×2
LOW Lowe's Companies, Inc. Common Stock $511,540 0.32% 2,320 $-36,630
ITW Illinois Tool Works Inc. Common Stock $477,920 0.30% 1,767 $-24,962 Down ×2
IWM iShares Russell 2000 Index Fund $473,510 0.29% 1,576 $82,662
A Agilent Technologies, Inc. Common Stock $452,153 0.28% 3,404 $64,165
BDX Becton, Dickinson and Company Common Stock $429,323 0.27% 2,837 $-16,739
Unknown issuer (CUSIP: 438516205) $419,813 0.26% 1,881 Up ×1
BLK BlackRock, Inc. Common Stock $419,238 0.26% 436 $1,855 Up ×1
Unknown issuer (CUSIP: 43849R105) $414,527 0.26% 1,881 Up ×1
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF $407,920 0.25% 7,672 $-384
APH Amphenol Corporation Common Stock $394,604 0.25% 2,238 $111,832
DUK Duke Energy Corporation (Holding Company) Common Stock $385,436 0.24% 3,045 $-13,277
CSX CSX Corporation - Common Stock $371,684 0.23% 7,820 $50,673
CL Colgate-Palmolive Company Common Stock $361,861 0.23% 3,947 Up ×1
NTRS Northern Trust Corporation - Common Stock $347,680 0.22% 2,000 $68,540
BAC Bank of America Corporation Common Stock $332,192 0.21% 5,830
BKNG Booking Holdings Inc. - Common Stock $329,744 0.21% 1,850 $18,181 Up ×1
INTC Intel Corporation - Common Stock $323,663 0.20% 2,318 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
VCSH $2,142,896 1.33% up ×4
SPHY $1,181,258 0.74% up ×4
VYM $784,937 0.49% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
MU $549,444 476 0.34%
Unknown issuer (CUSIP: 438516205) $419,813 1,881 0.26%
Unknown issuer (CUSIP: 43849R105) $414,527 1,881 0.26%
CL $361,861 3,947 0.23%
BAC $332,192 5,830 0.21%
INTC $323,663 2,318 0.20%
ABT $270,678 2,983 0.17%
CRWD $244,205 320 0.15%
AMD $242,240 417 0.15%
ETN $239,481 562 0.15%
QCOM $228,215 1,235 0.14%
VTEB $217,241 4,295 0.14%
DE $212,500 335 0.13%
GPC $209,888 1,779 0.13%
QQQ $209,875 285 0.13%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
CAT Price move only +0 +$2.7M
VTI Bought more +2K +$1.4M
CVX Trimmed -392 -$990K
AAPL Trimmed -342 +$916K
VEA Bought more +10K +$874K
MUB Trimmed -9K -$857K
XOM Bought more +94 -$782K
GOOGL Bought more +235 +$761K
TXN Price move only +0 +$705K
VCSH Bought more +8K +$613K

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
HON June 30, 2026 3,735 $844,222 -4.9%
DD Dec. 31, 2025 4,107 $319,935 231.5%
ABT March 31, 2026 2,336 $292,678 -4.4%
AON March 31, 2026 806 $284,420 -15.1%
QCOM March 31, 2026 1,491 $255,037 40.6%
UNH Dec. 31, 2025 728 $251,379 14.0%
ACN Sept. 30, 2025 792 $236,721 -21.6%
DHR March 31, 2026 1,030 $235,788 13.7%
T June 30, 2026 8,121 $235,429 18.0%
PAYX June 30, 2025 1,523 $234,968 -30.6%
ADBE June 30, 2026 940 $228,497 16.1%
GPC March 31, 2026 1,779 $218,746 20.5%
VNQ Dec. 31, 2025 2,358 $215,568
FLOT June 30, 2026 4,131 $210,475
QGRO Sept. 30, 2025 1,928 $210,383
CRM Sept. 30, 2025 764 $208,335 -5.1%
BAC March 31, 2026 3,782 $208,010 11.0%
LIN Dec. 31, 2025 436 $207,100 14.9%
NOW March 31, 2026 1,346 $206,194 32.0%
UPS Sept. 30, 2025 2,039 $205,818 11.5%
ES Dec. 31, 2025 2,889 $205,523 -3.1%
CRM March 31, 2026 769 $203,716 20.5%
GIS March 31, 2026 4,350 $202,275 -13.5%