Sector breakdown

04
Technology 24.7%
Communication Services 6.6%
Financials 6.2%
Retail 3.9%
Industrials 3.5%
Healthcare 2.9%
Energy 0.8%
Consumer Staples 0.7%
Consumer Discretionary 0.5%
Real Estate 0.5%
Utilities 0.4%
Materials 0.2%
Consumer products 0.1%
Other/Unmapped 48.9%

Full portfolio 354 positions

05
Type Streak 8Q trend
MSFT Microsoft Corporation - Common Stock $370,196,279 13.31% 992,430 $327,553 Down ×6
IVV iShares Trust $225,038,180 8.09% 300,496 $31,634,226 Up ×2
GOOG Alphabet Inc. - Class C Capital Stock $131,688,285 4.73% 372,706 $21,980,930 Down ×6
IEFA iShares Core MSCI EAFE ETF $114,903,200 4.13% 1,189,720 $15,376,732 Up ×6
AMD Advanced Micro Devices, Inc. - Common Stock $105,759,894 3.80% 182,059 $68,842,027 Up ×1
JEPI JPMorgan Equity Premium Income ETF $88,591,251 3.18% 1,568,542 $-739,494 Down ×1
IEMG iShares, Inc. $69,943,330 2.51% 844,318 $16,054,306 Up ×4
AMZN Amazon.com, Inc. - Common Stock $67,118,450 2.41% 281,608 $6,881,767 Down ×6
IWR iShares Russell Mid-Cap ETF $64,339,399 2.31% 583,207 $10,493,059 Up ×4
GSLC Goldman Sachs ETF Trust $63,286,466 2.27% 446,025 $5,841,199 Down ×6
AAPL Apple Inc. - Common Stock $62,707,527 2.25% 216,711 $-8,209,904 Down ×4
MOAT VanEck ETF Trust $61,743,749 2.22% 593,918 $-10,144,126 Down ×6
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $52,341,544 1.88% 104,602 $1,880,586 Down ×6
GSSC Goldman Sachs ETF Trust $46,769,685 1.68% 512,488 $8,323,276 Down ×1
GSIE Goldman Sachs ActiveBeta International Equity ETF $46,568,022 1.67% 1,018,994 $2,382,329 Down ×1
IWM iShares Russell 2000 Index Fund $45,402,962 1.63% 151,117 $13,634,990 Up ×1
PRFZ Invesco RAFI US 1500 Small-Mid ETF $41,224,019 1.48% 739,179 $6,412,709 Down ×6
NVDA NVIDIA Corporation - Common Stock $38,402,699 1.38% 191,927 $4,754,100 Down ×1
JPM JP Morgan Chase & Co. Common Stock $32,047,191 1.15% 97,905 $2,786,737 Down ×1
APH Amphenol Corporation Common Stock $27,981,962 1.01% 158,700 $6,663,834 Down ×6
IAU iShares Gold Trust Shares $27,135,424 0.98% 359,362 $-3,524,244 Up ×3
AMAT Applied Materials, Inc. - Common Stock $24,783,332 0.89% 34,278 $12,934,123 Down ×1
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF $22,276,814 0.80% 428,400 $4,708,258 Up ×5
IWF iShares Russell 1000 Growth Fund $19,568,898 0.70% 157,598 $1,392,589 Up ×1
CMF iShares Trust $18,383,786 0.66% 318,941 $-1,900,008 Down ×2
UBER Uber Technologies, Inc. Common Stock $18,374,498 0.66% 254,636 $1,252,892 Up ×3
SCHW Charles Schwab Corporation (The) Common Stock $18,221,507 0.65% 197,480 $-143,119 Up ×2
RSP Invesco Exchange-Traded Fund Trust $18,166,752 0.65% 85,382 $1,764,670 Down ×1
MA Mastercard Incorporated Common Stock $16,936,415 0.61% 32,976 $213,024 Down ×6
CSRE Cohen & Steers ETF Trust $16,838,041 0.61% 593,307 $11,428,697 Up ×1
PM Philip Morris International Inc Common Stock $16,495,671 0.59% 91,182 $1,288,648 Down ×6
AGG iShares Trust $15,961,396 0.57% 161,259 $-98,870 Down ×1
INFL Horizon Kinetics Inflation Beneficiaries ETF $15,864,011 0.57% 318,044 $3,031,936 Up ×4
CMDY iShares U.S. ETF Trust $15,695,537 0.56% 284,185 $7,780,852 Up ×2
AGGY WisdomTree Trust $14,341,224 0.52% 329,835 $411,177 Up ×2
ITOT iShares Trust $13,689,335 0.49% 83,334 $1,695,854 Down ×6
GOOGL Alphabet Inc. - Class A Common Stock $13,399,153 0.48% 37,494 $2,161,037 Down ×1
COST Costco Wholesale Corporation - Common Stock $12,693,831 0.46% 13,569 $-1,573,090 Down ×4
IEF iShares 7-10 Year Treasury Bond ETF $12,484,384 0.45% 132,012 $-775,692 Down ×1
GAL State Street Global Allocation ETF $12,342,245 0.44% 233,578 $810,819 Up ×2
XYLD Global X Funds $12,324,600 0.44% 302,148 $469,806 Down ×1
SPY SPY $12,313,229 0.44% 16,489 $2,154,996 Up ×1
JNJ Johnson & Johnson Common Stock $11,968,465 0.43% 47,126 $760,775 Up ×2
META Meta Platforms, Inc. - Class A Common Stock $11,714,106 0.42% 20,796 $-634,762 Down ×2
FSUN FirstSun Capital Bancorp - Common Stock $11,256,861 0.40% 290,275 Up ×1
COR Cencora, Inc. Common Stock $11,178,273 0.40% 39,502 $-1,723,156 Down ×6
LQD iShares Trust $10,955,209 0.39% 100,442 $4,112,817 Up ×1
DGRO iShares Trust $10,851,789 0.39% 143,182 $1,372,139 Up ×6
ASML ASML Holding N.V. - New York Registry Shares $10,786,744 0.39% 5,422 $2,225,124 Down ×4
CP Canadian Pacific Kansas City Limited Common Shares $10,751,387 0.39% 124,078 $723,885 Down ×1
JPRE JPMorgan Realty Income ETF $10,306,492 0.37% 197,518 $-3,892,274 Down ×4
QUAL iShares Trust $10,040,067 0.36% 45,755 $580,254 Down ×4
IWP iShares Russell Midcap Growth ETF $9,713,566 0.35% 66,345 $1,237,938 Up ×2
LOW Lowe's Companies, Inc. Common Stock $9,562,322 0.34% 43,369 $-819,227 Down ×2
IVW iShares S&P 500 Growth ETF $9,514,436 0.34% 69,181 $1,992,014 Up ×6
PWZ Invesco Exchange-Traded Fund Trust II $9,310,834 0.33% 379,879 $256,478 Up ×2
QCOM QUALCOMM Incorporated - Common Stock $9,169,828 0.33% 49,623 $989,773 Down ×4
FTNT Fortinet, Inc. - Common Stock $9,168,964 0.33% 59,686 $4,044,303 Down ×5
IJR iShares Trust $8,462,855 0.30% 57,062 $1,991,740 Up ×2
AVGO Broadcom Inc. - Common Stock $8,115,264 0.29% 21,483 $2,331,326 Up ×3
SGOV iShares Trust $7,622,788 0.27% 75,721 $-1,960,515 Down ×1
DIS Walt Disney Company (The) Common Stock $7,517,074 0.27% 78,099 $-318,392 Down ×1
MPWR Monolithic Power Systems, Inc. - Common Stock $7,328,023 0.26% 5,301 $379,006 Down ×4
SHYD VanEck ETF Trust $7,245,331 0.26% 316,390 $9,738 Down ×1
V Visa Inc. $7,082,460 0.25% 20,643 $1,004,105 Up ×5
LLY Eli Lilly and Company Common Stock $7,039,612 0.25% 5,869 $1,202,014 Down ×1
MEDP Medpace Holdings, Inc. - Common Stock $6,721,556 0.24% 12,692 $449,794 Down ×1
XCEM Columbia ETF Trust II $6,643,076 0.24% 125,625 $1,335,430 Down ×1
BN Brookfield Corporation Class A Limited Voting Shares $6,534,397 0.23% 153,426 $121,927 Down ×2
DJP iPath Bloomberg Commodity Index Total Return ETN $6,389,091 0.23% 146,170 $-482,461 Up ×4
XOM Exxon Mobil Corporation Common Stock $6,244,248 0.22% 45,672 $-1,639,138 Down ×6
ANET Arista Networks, Inc. Common Stock $6,092,746 0.22% 35,865 $1,431,526 Down ×4
EFA iShares Trust $5,835,251 0.21% 56,173 $360,227 Down ×1
TXN Texas Instruments Incorporated - Common Stock $5,823,280 0.21% 19,537 $2,093,634 Up ×1
IVE iShares Trust $5,680,132 0.20% 25,016 $731,832 Up ×6
AOR iShares Trust $5,508,223 0.20% 79,255 $669,617 Up ×1
EPD Enterprise Products Partners L.P. Common Stock $5,498,954 0.20% 149,591 $-187,595 Down ×1
NEE NextEra Energy, Inc. Common Stock $5,410,512 0.19% 61,644 $-469,987 Down ×6
APP Applovin Corporation - Class A Common Stock $5,350,148 0.19% 10,384 $1,018,316 Down ×3
BE Bloom Energy Corporation Class A Common Stock $5,297,250 0.19% 17,500 $2,926,175
WMT Walmart Inc. - Common Stock $5,262,524 0.19% 46,464 $-1,092,770 Down ×1
CME CME Group Inc. - Class A Common Stock $5,148,936 0.19% 23,316 $-2,229,341 Down ×6
LIN Linde plc - Ordinary Shares $5,089,124 0.18% 9,807 $245,210 Up ×1
SCHX SCHWAB STRATEGIC TRUST $4,843,040 0.17% 164,561 $623,688
CAT Caterpillar, Inc. Common Stock $4,769,092 0.17% 4,478 $1,861,644 Up ×5
BKNG Booking Holdings Inc. - Common Stock $4,710,162 0.17% 26,426 $940,920 Up ×1
EFV iShares Trust $4,538,355 0.16% 59,286 $496,392 Up ×6
CVX Chevron Corporation Common Stock $4,425,080 0.16% 26,696 $-1,570,142 Down ×2
HD Home Depot, Inc. (The) Common Stock $4,417,817 0.16% 12,526 $-365,352 Down ×1
MUB iShares Trust $4,364,099 0.16% 40,551 $65,343 Up ×5
MELI MercadoLibre, Inc. - Common Stock $4,340,226 0.16% 2,557 $769,800 Up ×1
CTAS Cintas Corporation - Common Stock $4,332,834 0.16% 25,475 $-114,748 Down ×5
EFG iShares Trust $4,294,605 0.15% 34,517 $813,179 Up ×6
DHR Danaher Corporation Common Stock $4,293,883 0.15% 22,542 $1,325,908 Up ×2
IWO iShares Russell 2000 Growth Fund $4,290,618 0.15% 10,891 $1,121,451 Up ×6
QQQ Invesco QQQ Trust, Series 1 $4,124,454 0.15% 5,601 $852,516 Down ×2
NFLX Netflix, Inc. - Common Stock $4,123,921 0.15% 57,758 $2,910,892 Up ×5
SU Suncor Energy Inc. Common Stock $4,096,482 0.15% 76,313 $-3,275,708 Down ×6
UNH UnitedHealth Group Incorporated Common Stock (DE) $4,026,738 0.14% 9,688 $1,367,427 Down ×2
VNQ Vanguard Real Estate ETF $4,011,209 0.14% 41,597 $415,154 Up ×4

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
IEFA $114,903,200 4.13% up ×6
IEMG $69,943,330 2.51% up ×4
IWR $64,339,399 2.31% up ×4
IAU $27,135,424 0.98% up ×3
GEM $22,276,814 0.80% up ×5
UBER $18,374,498 0.66% up ×3
INFL $15,864,011 0.57% up ×4
DGRO $10,851,789 0.39% up ×6
IVW $9,514,436 0.34% up ×6
AVGO $8,115,264 0.29% up ×3
V $7,082,460 0.25% up ×5
DJP $6,389,091 0.23% up ×4
IVE $5,680,132 0.20% up ×6
CAT $4,769,092 0.17% up ×5
EFV $4,538,355 0.16% up ×6

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
FSUN $11,256,861 290,275 0.40%
IFRA $1,269,311 20,135 0.05%
RYN $741,289 34,835 0.03%
Unknown issuer (CUSIP: 438516205) $637,220 2,846 0.02%
Unknown issuer (CUSIP: 43849R105) $629,194 2,846 0.02%
OAKM $541,991 19,240 0.02%
Unknown issuer (CUSIP: 26614N201) $434,591 3,204 0.02%
KLAC $418,475 1,387 0.02%
VGT $360,546 3,017 0.01%
DUK $353,166 2,790 0.01%
SMH $340,407 519 0.01%
BCI $303,981 13,607 0.01%
IONQ $267,632 5,025 0.01%
Unknown issuer (CUSIP: 84615Q103) $252,873 1,480 0.01%
RSPT $252,364 3,913 0.01%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
AMD Bought more +582 +$68.8M
IVV Bought more +4K +$31.6M
GOOG Trimmed -10K +$22.0M
IEMG Bought more +72K +$16.1M
IEFA Bought more +90K +$15.4M
IWM Bought more +23K +$13.6M
AMAT Trimmed -390 +$12.9M
CSRE Bought more +387K +$11.4M
IWR Bought more +29K +$10.5M
MOAT Trimmed -149K -$10.1M

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
MOTE Sept. 30, 2025 227,881 $6,315,608
LULU Sept. 30, 2025 17,353 $4,122,726 -47.7%
NVO Sept. 30, 2025 43,945 $3,033,084 -32.3%
KNSL June 30, 2026 6,588 $2,250,891 0.8%
PAYC June 30, 2026 18,144 $2,205,241 79.7%
CPRT June 30, 2026 61,766 $2,050,631 -1.9%
VO Sept. 30, 2025 7,136 $1,996,867 9.3%
HON June 30, 2026 5,622 $1,270,715 -4.4%
AB Dec. 31, 2025 24,500 $936,390 -8.9%
XLY Sept. 30, 2025 3,864 $839,763 No longer tracked
WBS Sept. 30, 2025 12,403 $677,204 No longer tracked
NRP June 30, 2026 5,541 $670,461 13.2%
VIOO Sept. 30, 2025 5,902 $597,459 17.1%
DAL March 31, 2026 8,383 $581,780 25.0%
ESGD Sept. 30, 2025 6,377 $568,956
DD June 30, 2026 11,735 $537,463 -3.6%
AMT Dec. 31, 2025 2,659 $511,379 -7.6%
XEL March 31, 2026 6,250 $461,625 -10.0%
IR Sept. 30, 2025 5,107 $424,800 -4.9%
ZTS March 31, 2026 3,184 $400,663 -39.6%
ESGE Sept. 30, 2025 9,865 $386,412
HYG Sept. 30, 2025 4,743 $382,523
XLE June 30, 2026 6,237 $382,061 19.5%
RLI Sept. 30, 2025 4,910 $354,600 -14.0%
CNI Sept. 30, 2025 3,325 $345,933 26.5%
RTO June 30, 2025 14,803 $338,989 -16.6%
TACK March 31, 2026 10,729 $321,538 -89.6%
LBTYA June 30, 2025 26,850 $309,044 -10.2%
IYF March 31, 2026 2,332 $300,607 7.8%
JOET March 31, 2026 7,047 $295,981
CTVA June 30, 2025 4,697 $295,582 -83.4%
NKE June 30, 2025 4,610 $292,643 -52.2%
SHEL June 30, 2025 3,812 $279,358 37.1%
DFS June 30, 2025 1,619 $276,383 No longer tracked
SYY March 31, 2026 3,709 $273,316 7.1%
ADP March 31, 2026 1,052 $270,606 28.1%
OKE Dec. 31, 2025 3,651 $266,427 20.5%
ELV March 31, 2026 740 $259,407 34.8%
SONY March 31, 2026 10,120 $259,072 13.7%
BMY June 30, 2025 4,227 $257,791 27.0%
APPF March 31, 2026 1,098 $255,450 29.4%
BINC Dec. 31, 2025 4,790 $255,020
ICE June 30, 2025 1,451 $250,298 -17.1%
VBR June 30, 2025 1,330 $247,766
ENB June 30, 2025 5,579 $247,206 1.6%
KEYS June 30, 2025 1,643 $246,072 134.5%
SPG Dec. 31, 2025 1,307 $245,284 8.8%
GM March 31, 2026 3,002 $244,126 7.7%
BX March 31, 2026 1,560 $240,458 -2.9%
IUSB March 31, 2026 5,138 $239,123
BSX Dec. 31, 2025 2,427 $236,948 -55.5%
LRCX June 30, 2025 3,233 $235,007 255.2%
XLE June 30, 2025 2,509 $234,466 49.6%
RSPT Dec. 31, 2025 5,239 $233,538 45.9%
BP June 30, 2026 4,956 $232,936 20.8%
INTC June 30, 2025 10,164 $230,834 418.7%
NKE June 30, 2026 4,353 $229,938 -17.3%
ADI Sept. 30, 2025 965 $229,618 70.6%
ARKB Dec. 31, 2025 6,030 $229,261 -2.2%
REET Sept. 30, 2025 9,254 $228,574
CARR Dec. 31, 2025 3,781 $225,726 5.5%
IONQ March 31, 2026 5,025 $225,472 49.0%
FISV June 30, 2025 1,021 $225,467 -73.2%
LEN-B (filed as LENB) March 31, 2026 2,366 $225,054 No longer tracked
VOE June 30, 2025 1,400 $224,756
OTIS June 30, 2025 2,175 $224,460 -33.5%
MDLZ March 31, 2026 4,124 $221,995 1.5%
COP June 30, 2025 2,073 $217,698 43.1%
CTO Sept. 30, 2025 12,000 $207,120 24.5%
VB Dec. 31, 2025 809 $205,713
U March 31, 2026 4,578 $202,210 108.2%
NAUG March 31, 2026 6,830 $201,963
PKG June 30, 2025 1,017 $201,387 21.7%
PNC Dec. 31, 2025 1,002 $201,332 5.5%
XLP Dec. 31, 2025 2,561 $200,706 No longer tracked
DUK Dec. 31, 2025 1,617 $200,104 -2.9%
PAGP Dec. 31, 2025 10,000 $182,400 36.8%
NEA June 30, 2025 13,361 $149,643 -10.2%
NVG June 30, 2025 11,150 $138,037 -12.6%
OCSL Dec. 31, 2025 10,559 $137,795 -7.1%
FRA June 30, 2025 10,599 $136,939 -21.7%
NOV Sept. 30, 2025 10,658 $132,479 47.2%
PFLT Dec. 31, 2025 12,393 $110,174 -26.9%
NMZ June 30, 2025 10,000 $109,100 -15.5%
BFZ March 31, 2026 10,126 $108,750 No longer tracked
CCO June 30, 2026 10,000 $23,700 -0.8%