Sector breakdown

04
Industrials 8.9%
Financials 5.7%
Technology 3.0%
Energy 1.0%
Communication Services 0.9%
Retail 0.7%
Healthcare 0.4%
Consumer products 0.1%
Consumer Staples 0.1%
Consumer Discretionary 0.0%
Utilities 0.0%
Other/Unmapped 79.1%

Full portfolio 153 positions

05
Type Streak 8Q trend
IVV iShares Trust $72,623,182 10.40% 96,974 $7,449,232 Down ×2
EFA iShares Trust $55,332,100 7.92% 532,654 $4,546,184 Up ×1
PCAR PACCAR Inc. - Common Stock $43,955,391 6.29% 365,929 $1,690,591
IJR iShares Trust $41,884,853 6.00% 282,414 $6,223,129 Down ×1
VCIT Vanguard Intermediate-Term Corporate Bond ETF $35,169,641 5.04% 425,525 $2,414,460 Up ×1
VOO Vanguard S&P 500 ETF $32,221,114 4.61% 46,914 $6,814,968 Up ×1
VCLT Vanguard Long-Term Corporate Bond ETF $27,925,275 4.00% 371,100 $1,524,980 Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $21,864,541 3.13% 43,695 $130,904 Down ×1
IEMG iShares, Inc. $20,693,273 2.96% 249,798 $972,515 Down ×2
USRT iShares Core U.S. REIT ETF $20,394,095 2.92% 306,909 $2,932,577 Up ×2
SPY SPY $18,465,263 2.64% 24,727 $2,477,888 Up ×1
EFV iShares Trust $16,208,208 2.32% 211,734 $873,967 Up ×1
VBR Vanguard Morningstar Small-Cap Value ETF $15,881,132 2.27% 65,357 $3,036,154 Up ×1
AGG iShares Trust $14,772,974 2.12% 149,252 $-1,895,888 Down ×1
VO Vanguard Morningstar Mid-Cap ETF $11,955,034 1.71% 148,381 $-3,921,946 Up ×5
VTI Vanguard Morningstar Total Stock Market ETF $9,998,044 1.43% 27,019 $2,800,865 Up ×2
AAPL Apple Inc. - Common Stock $8,584,106 1.23% 29,666 $-839,282 Down ×1
IWB iShares Russell 1000 ETF $7,822,367 1.12% 19,102 $687,726 Down ×1
GLDM SPDR Gold MiniShares Trust $7,673,481 1.10% 96,619 $-1,282,134
VB Vanguard Morningstar Small-Cap ETF $7,041,864 1.01% 23,231 $-394,732 Down ×6
EEM iShares, Inc. $6,926,584 0.99% 101,251 $1,332,739 Up ×1
GEW Cambria Global EW ETF $6,919,544 0.99% 126,131 $559,177
ITW Illinois Tool Works Inc. Common Stock $6,588,689 0.94% 24,216 $237,614 Down ×2
IEFA iShares Core MSCI EAFE ETF $6,490,556 0.93% 67,204 $-4,663,215 Down ×2
VEA Vanguard FTSE Developed Markets ETF $6,453,749 0.92% 90,579 $319,980 Down ×1
UBER Uber Technologies, Inc. Common Stock $6,301,615 0.90% 87,328 $-2,577,352 Down ×2
NVDA NVIDIA Corporation - Common Stock $5,965,441 0.85% 29,814 $-1,631,232 Down ×2
VEU Vanguard FTSE All World Ex US ETF $5,746,381 0.82% 68,613 $865,503 Up ×1
VWO Vanguard FTSE Emerging Markets ETF $5,682,472 0.81% 95,200 $420,667 Down ×1
AON Aon plc Class A Ordinary Shares (Ireland) $5,020,128 0.72% 15,135 $-54,148,674 Down ×1
VUG Vanguard Morningstar Growth ETF $4,714,398 0.68% 54,729 $788,554 Up ×2
RTX RTX Corporation Common Stock $4,336,848 0.62% 22,858 $-72,460
BY Byline Bancorp, Inc. Common Stock $4,174,611 0.60% 110,850 $567,044 Down ×1
VV Vanguard Morningstar Large-Cap ETF $4,079,831 0.58% 11,863 $534,616
Unknown issuer (CUSIP: 02072Q176) $3,955,316 0.57% 77,334 Up ×1
IWM iShares Russell 2000 Index Fund $3,769,572 0.54% 12,546 $255,270 Down ×1
VXF Vanguard Extended Market ETF $3,723,717 0.53% 15,124
IWF iShares Russell 1000 Growth Fund $3,720,373 0.53% 29,962 $426,215 Up ×2
VTWG Vanguard Russell 2000 Growth ETF $3,714,242 0.53% 12,911 Up ×1
VXUS Vanguard Total International Stock ETF $3,684,234 0.53% 43,095 $889,848 Up ×1
VSS Vanguard FTSE All-Wld ex-US SmCp Idx ETF $3,556,952 0.51% 23,054
BND Vanguard Total Bond Market ETF $3,442,174 0.49% 46,890 $49,811 Up ×5
AMZN Amazon.com, Inc. - Common Stock $3,423,754 0.49% 14,365 $3,752 Down ×2
VT Vanguard Total World Stock Index ETF $3,203,569 0.46% 20,411 $-203,867 Down ×1
MSFT Microsoft Corporation - Common Stock $2,882,893 0.41% 7,729 $-56,262 Down ×2
EPD Enterprise Products Partners L.P. Common Stock $2,716,714 0.39% 73,904 $-85,909 Down ×2
IJH iShares Trust $2,595,132 0.37% 33,655 $323,592 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $2,538,136 0.36% 7,102 $422,395 Down ×1
FANG Diamondback Energy, Inc. - Common Stock $2,438,737 0.35% 13,874 $-44,661,502 Down ×1
GUNR FlexShares Trust $2,334,344 0.33% 47,369 $1,105,324 Up ×1
IGM iShares Expanded Tech Sector ETF $2,333,328 0.33% 14,264 $642,885
SCHD SCHWAB STRATEGIC TRUST $2,325,296 0.33% 73,330 $192,257 Up ×1
SCHP SCHWAB STRATEGIC TRUST $2,247,278 0.32% 84,803 $16,667 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $2,205,212 0.32% 6,241 $-660,844 Down ×2
IGF iShares Global Infrastructure ETF $2,018,180 0.29% 30,303 $1,321,648 Up ×1
BSM Black Stone Minerals, L.P. Common units representing limited partner interests $1,987,056 0.28% 142,237 $-163,573
RPG Invesco Exchange-Traded Fund Trust $1,978,392 0.28% 30,985 $530,153
IVW iShares S&P 500 Growth ETF $1,950,882 0.28% 14,185 $248,805 Down ×1
MDY State Street SPDR S&P MIDCAP 400 ETF Trust $1,945,968 0.28% 2,767 $224,618 Down ×2
GS Goldman Sachs Group, Inc. (The) Common Stock $1,747,647 0.25% 1,728 $285,776
SCHF SCHWAB STRATEGIC TRUST $1,737,067 0.25% 62,710 $27,291 Down ×2
QQQ Invesco QQQ Trust, Series 1 $1,715,825 0.25% 2,330 $-7,534,081 Down ×1
TIP iShares TIPS Bond ETF $1,678,490 0.24% 15,338 $-6,243 Up ×6
LQD iShares Trust $1,613,264 0.23% 14,791 $1,865 Up ×6
AGZ iShares Trust $1,592,915 0.23% 14,577 $-9,417 Down ×1
IEF iShares 7-10 Year Treasury Bond ETF $1,572,736 0.23% 16,630 $-15,909 Down ×1
V Visa Inc. $1,562,775 0.22% 4,555 $167,937 Down ×2
BRK-A (filed as BRKA) Berkshire Hathaway Inc. Class A $1,497,700 0.21% 2 $61,420
VOE Vanguard Morningstar Mid-Cap Value ETF $1,391,697 0.20% 7,043 Up ×1
AMLP ALPS ETF Trust $1,316,481 0.19% 25,390 $4,913 Up ×4
META Meta Platforms, Inc. - Class A Common Stock $1,247,694 0.18% 2,215 $-277,588 Down ×2
PWV Invesco Exchange-Traded Fund Trust $1,171,783 0.17% 15,465 $93,718
IWD iShares Russell 1000 Value ETF $1,091,373 0.16% 4,502 $34,453 Down ×3
ACWI iShares MSCI ACWI ETF $1,018,033 0.15% 6,486 $39,927 Down ×1
JNJ Johnson & Johnson Common Stock $1,009,086 0.14% 3,973 $31,265 Down ×3
VBK Vanguard Morningstar Small-Cap Growth ETF $988,724 0.14% 2,704 $181,932 Up ×4
TILT Northern Trust Morningstar US Market Factor Tilt ETF $966,240 0.14% 3,500 Up ×1
TCHP T. Rowe Price Blue Chip Growth ETF $961,728 0.14% 19,200 $-110,521 Down ×1
JPM JP Morgan Chase & Co. Common Stock $947,948 0.14% 2,896 $11,637 Down ×2
C Citigroup, Inc. Common Stock $937,872 0.13% 6,701 $177,912
GQRE Northern Trust Global Quality Real Estate ETF $910,327 0.13% 14,224 Up ×1
ABBV AbbVie Inc. Common Stock $909,658 0.13% 3,615 $128,558 Up ×1
MU Micron Technology, Inc. - Common Stock $888,803 0.13% 770 $493,355 Down ×1
USEW Cambria US EW ETF $857,886 0.12% 15,366 $106,771
VONE Vanguard Russell 1000 ETF $832,574 0.12% 2,458 Up ×1
IWR iShares Russell Mid-Cap ETF $825,102 0.12% 7,479 $124,734 Up ×2
ACWX iShares MSCI ACWI ex U.S. ETF $796,245 0.11% 10,462 $30,689 Down ×1
VYM Vanguard High Dividend Yield ETF $752,835 0.11% 4,764 $83,886 Up ×1
VTV Vanguard Morningstar Value ETF $732,639 0.10% 3,362 $76,188 Up ×2
VCSH Vanguard Short-Term Corporate Bond ETF $721,372 0.10% 9,128 $-152,645 Down ×2
IWO iShares Russell 2000 Growth Fund $704,890 0.10% 1,789 $321,342 Up ×1
Unknown issuer (CUSIP: 27005A105) $637,670 0.09% 30,008 Up ×1
VNQ Vanguard Real Estate ETF $636,583 0.09% 6,602 $51,663 Up ×2
DVY iShares Select Dividend ETF $608,875 0.09% 3,896 $-682,206 Down ×1
SHY iShares 1-3 Year Treasury Bond ETF $605,479 0.09% 7,374 $-3,392
AVGO Broadcom Inc. - Common Stock $576,824 0.08% 1,527 $245,648 Up ×2
GLD SPDR Gold Shares $566,200 0.08% 1,537 $-95,156
SCHX SCHWAB STRATEGIC TRUST $543,778 0.08% 18,477 $187,792 Up ×1
BMY Bristol-Myers Squibb Company Common Stock $523,478 0.07% 9,085
IWN iShares Russell 2000 Value ETF $490,284 0.07% 2,216 $70,062

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
VO $11,955,034 1.71% up ×5
BND $3,442,174 0.49% up ×5
TIP $1,678,490 0.24% up ×6
LQD $1,613,264 0.23% up ×6
AMLP $1,316,481 0.19% up ×4
VBK $988,724 0.14% up ×4
TAXX $328,834 0.05% up ×5
SCHE $301,419 0.04% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
Unknown issuer (CUSIP: 02072Q176) $3,955,316 77,334 0.57%
VXF $3,723,717 15,124 0.53%
VTWG $3,714,242 12,911 0.53%
VSS $3,556,952 23,054 0.51%
VOE $1,391,697 7,043 0.20%
TILT $966,240 3,500 0.14%
GQRE $910,327 14,224 0.13%
VONE $832,574 2,458 0.12%
Unknown issuer (CUSIP: 27005A105) $637,670 30,008 0.09%
BMY $523,478 9,085 0.07%
GSLC $371,468 2,618 0.05%
QCOM $314,513 1,702 0.05%
TXN $294,195 987 0.04%
CSCO $267,104 2,274 0.04%
AMD $257,924 444 0.04%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
IVV Trimmed -3K +$7.4M
VOO Bought more +4K +$6.8M
IJR Trimmed -4K +$6.2M
IEFA Trimmed -56K -$4.7M
EFA Bought more +10K +$4.5M
VO Bought more +93K -$3.9M
VBR Bought more +6K +$3.0M
USRT Bought more +12K +$2.9M
VTI Bought more +5K +$2.8M
UBER Trimmed -36K -$2.6M

3 positions 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
PRMB June 30, 2026 584,731 $11,010,485 -18.7%
PHEQ March 31, 2026 243,980 $7,946,429
XLE Sept. 30, 2025 87,890 $7,453,988 42.0%
DFAC June 30, 2025 170,955 $5,639,826
XOM June 30, 2026 29,037 $4,926,474 20.0%
SCHZ March 31, 2026 182,208 $4,258,201 -4.2%
WBS June 30, 2025 76,506 $3,943,884 No longer tracked
ORCL June 30, 2026 22,778 $3,350,906 -2.8%
IWV Dec. 31, 2025 8,375 $3,173,931
EMB March 31, 2026 27,647 $2,661,853
VTWO March 31, 2026 26,403 $2,627,627
SCHH March 31, 2026 101,312 $2,116,408 3.8%
CPNG Dec. 31, 2025 58,271 $1,876,326 -39.8%
AMGN March 31, 2026 5,427 $1,776,311 14.5%
APP March 31, 2026 2,630 $1,772,147 -29.2%
NEE June 30, 2025 24,797 $1,757,859 9.9%
GNR June 30, 2026 22,953 $1,713,901
CMDY March 31, 2026 32,209 $1,570,189
NFRA June 30, 2026 16,821 $1,075,703
DFAT June 30, 2025 20,161 $1,038,111
NOBL June 30, 2025 9,899 $1,011,549 9.2%
CRS March 31, 2026 2,910 $916,184 -0.5%
BIL March 31, 2026 9,465 $864,911
CLS March 31, 2026 2,620 $774,498 35.9%
VZ June 30, 2025 16,488 $747,896 6.0%
TPR March 31, 2026 4,970 $635,017 -17.1%
DTD June 30, 2025 8,000 $615,600
VXF March 31, 2026 2,782 $581,671 15.2%
WFC June 30, 2025 8,000 $574,320 1.6%
FIX March 31, 2026 610 $569,307 24.2%
VTEB Sept. 30, 2025 11,581 $567,816
SLYV June 30, 2025 6,933 $543,547 30.4%
MINT Sept. 30, 2025 5,228 $525,597
EFG Dec. 31, 2025 4,524 $515,201
PWR June 30, 2025 2,000 $508,360 80.8%
FTAI March 31, 2026 2,580 $507,873 -32.8%
RGA March 31, 2026 2,490 $506,615 23.0%
FSLR Dec. 31, 2025 2,200 $485,166 -32.6%
GLP Sept. 30, 2025 8,177 $431,173 -3.2%
T June 30, 2025 15,099 $427,005 -16.2%
TMO March 31, 2026 730 $423,312 37.7%
RWX Sept. 30, 2025 15,345 $420,453
CEG March 31, 2026 1,187 $419,331 -4.2%
GSLC June 30, 2025 3,789 $417,093
THC March 31, 2026 2,040 $405,389 37.5%
HD March 31, 2026 1,173 $403,629 -14.5%
PFE June 30, 2025 15,735 $398,744 13.1%
DKS June 30, 2026 1,992 $397,471 -39.5%
CSCO March 31, 2026 5,108 $393,469 45.4%
SO June 30, 2025 4,253 $391,063 -8.8%
MPC Dec. 31, 2025 2,008 $387,022 166.5%
DUK June 30, 2025 3,000 $365,910 -3.5%
VLO Dec. 31, 2025 2,149 $365,889 157.6%
SN March 31, 2026 3,210 $359,199 72.5%
AGX March 31, 2026 1,090 $341,519 -28.8%
NTRS Dec. 31, 2025 2,500 $338,500 25.0%
XLI Dec. 31, 2025 2,193 $338,226 9.7%
UNP March 31, 2026 1,433 $331,482 14.2%
BMY Sept. 30, 2025 7,147 $330,867 30.4%
HYMB Dec. 31, 2025 13,013 $324,431 -5.1%
IJS Sept. 30, 2025 3,239 $322,282 18.4%
CVS June 30, 2025 4,624 $313,295 26.1%
DFAE June 30, 2025 11,825 $306,165
NU March 31, 2026 17,962 $300,684 5.6%
BAC June 30, 2025 7,076 $295,281 14.1%
COIN Dec. 31, 2025 868 $292,941 -16.8%
ACGL March 31, 2026 3,030 $290,638 -1.7%
TMO Sept. 30, 2025 707 $286,660 39.5%
JAAA Dec. 31, 2025 5,605 $284,667
VIG June 30, 2025 1,459 $283,126
WFC March 31, 2026 3,010 $280,532 2.3%
VSS March 31, 2026 1,952 $279,824
CM Dec. 31, 2025 3,500 $279,615 21.8%
COP June 30, 2025 2,600 $273,052 43.1%
EXC Sept. 30, 2025 6,203 $269,334 -9.3%
ACN Dec. 31, 2025 1,077 $265,588 -27.3%
MDT Sept. 30, 2025 3,033 $264,387 -7.6%
LPLA March 31, 2026 725 $258,948 10.4%
TXN March 31, 2026 1,487 $257,980 51.9%
AXP Dec. 31, 2025 769 $255,431 -17.8%
EZBC March 31, 2026 5,000 $253,000
CVX March 31, 2026 1,625 $247,666 -0.2%
COP Dec. 31, 2025 2,600 $245,934 37.2%
ML June 30, 2025 2,779 $240,411 No longer tracked
TGT March 31, 2026 2,449 $239,390 26.2%
PSX Sept. 30, 2025 2,000 $238,600 98.3%
PLTR June 30, 2026 1,617 $236,535 62.3%
KDP Sept. 30, 2025 7,128 $235,652 21.1%
J June 30, 2026 1,846 $234,959 10.1%
ORLY Dec. 31, 2025 2,175 $234,487 -8.0%
STNE Sept. 30, 2025 14,200 $227,768 -39.0%
QQQM Sept. 30, 2025 1,000 $227,100
SLYV Dec. 31, 2025 2,533 $224,551 14.3%
DD June 30, 2025 3,000 $224,040 355.4%
CVX June 30, 2025 1,338 $223,834 44.2%
REGN Dec. 31, 2025 390 $219,352 -5.9%
VDC June 30, 2025 1,000 $218,820
BK Dec. 31, 2025 2,005 $218,465 No longer tracked
QCOM June 30, 2025 1,409 $216,436 13.5%
SCHW June 30, 2026 2,296 $215,778 6.2%
IYK June 30, 2025 3,000 $214,710 1.6%
DIS Sept. 30, 2025 1,696 $210,321 -9.5%
FWONK June 30, 2026 2,460 $209,149 -0.1%
QCOM March 31, 2026 1,202 $205,602 40.4%
PM March 31, 2026 1,270 $205,575 14.6%
RBRK Dec. 31, 2025 2,450 $201,513 60.4%
CVE Dec. 31, 2025 10,000 $169,900 86.0%
BRKL June 30, 2025 15,000 $163,500 No longer tracked
NGD March 31, 2026 10,000 $87,100 No longer tracked
USASXXXX Sept. 30, 2025 100,000 $80,770 No longer tracked