Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +37.2%
S&P 500 total return (same window) +37.0%
Excess return +0.2%

Annualized: +28.8% · S&P 500: +28.7%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 99.0% · Options excluded: 0.0%

Sector breakdown

04
Technology 30.4%
Communication Services 18.5%
Industrials 15.5%
Financials 12.9%
Retail 10.7%
Healthcare 9.2%
Utilities 0.8%
Consumer Staples 0.3%
Materials 0.2%
Consumer Discretionary 0.2%
Consumer products 0.1%
Other/Unmapped 1.2%

Full portfolio 79 positions

05
Type Streak 8Q trend
AAPL Apple Inc. - Common Stock $255,369,880 20.32% 882,533 $27,289,200 Down ×4
GOOGL Alphabet Inc. - Class A Common Stock $135,523,638 10.79% 379,225 $25,321,157 Down ×4
AMZN Amazon.com, Inc. - Common Stock $100,113,049 7.97% 420,043 $12,297,461 Down ×4
NVDA NVIDIA Corporation - Common Stock $62,084,726 4.94% 310,284 $7,574,436 Down ×3
MSFT Microsoft Corporation - Common Stock $55,404,917 4.41% 148,531 $305,969 Down ×4
XPO XPO, Inc. Common Stock $52,379,744 4.17% 255,150 $-2,923,234 Down ×4
META Meta Platforms, Inc. - Class A Common Stock $52,375,267 4.17% 92,981 $1,478,582 Up ×3
VRT Vertiv Holdings, LLC Class A Common Stock $50,283,268 4.00% 150,180 $6,837,708 Down ×2
JPM JP Morgan Chase & Co. Common Stock $49,169,436 3.91% 150,214 $4,447,510 Down ×4
BX Blackstone Inc. Common Stock $42,350,474 3.37% 359,909 $1,467,292 Up ×1
LLY Eli Lilly and Company Common Stock $40,991,720 3.26% 34,176 $12,602,099 Up ×5
V Visa Inc. $35,403,114 2.82% 103,189 $4,286,297 Up ×1
RDDT Reddit, Inc. Class A Common Stock $27,609,808 2.20% 159,061 $7,268,771 Up ×3
QXO QXO, Inc. Common Stock $27,271,901 2.17% 1,578,235 $3,651,258 Up ×3
GEV GE Vernova Inc. Common Stock $24,110,477 1.92% 20,522 $4,956,432 Down ×1
SYK Stryker Corporation Common Stock $23,388,834 1.86% 74,288 $-1,074,692 Down ×4
HD Home Depot, Inc. (The) Common Stock $17,386,066 1.38% 49,297 $1,385,896 Up ×1
ABBV AbbVie Inc. Common Stock $17,053,643 1.36% 67,770 $2,206,253 Down ×4
AXP American Express Company Common Stock $16,196,461 1.29% 47,883 $2,060,631 Up ×1
TWI Titan International, Inc. (DE) Common Stock $16,139,836 1.28% 2,093,364 $1,472,090 Down ×4
GOOG Alphabet Inc. - Class C Capital Stock $15,628,139 1.24% 44,231 $2,736,364 Down ×6
ARQT Arcutis Biotherapeutics, Inc. - Common stock $15,601,031 1.24% 595,005 $2,248,872 Up ×2
COST Costco Wholesale Corporation - Common Stock $15,119,066 1.20% 16,162 $-825,807 Up ×1
GE GE Aerospace Common Stock $15,056,461 1.20% 40,287 $3,787,387 Up ×2
SCHW Charles Schwab Corporation (The) Common Stock $12,298,391 0.98% 133,287 $6,460,353 Up ×1
CEG Constellation Energy Corporation - Common Stock When-Issued $8,118,719 0.65% 32,688 $-3,619,555 Down ×2
MRK Merck & Company, Inc. Common Stock (new) $7,780,161 0.62% 60,546 $937,344 Up ×1
VB VANGUARD INDEX FUNDS $5,360,071 0.43% 17,683 $519,004 Down ×6
QQQ Invesco QQQ Trust, Series 1 $4,342,551 0.35% 5,897 $938,921
ORCL Oracle Corporation Common Stock $4,145,606 0.33% 28,288 $-15,842
JNJ Johnson & Johnson Common Stock $3,725,486 0.30% 14,669 $81,863 Down ×6
PFE Pfizer, Inc. Common Stock $3,491,504 0.28% 144,996 $-2,047,838 Down ×6
SHW Sherwin-Williams Company (The) Common Stock $2,823,424 0.22% 8,200 $-927,011 Down ×2
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $2,459,417 0.20% 4,915 $8,309 Down ×3
AVGO Broadcom Inc. - Common Stock $2,433,466 0.19% 6,442
RTX RTX Corporation Common Stock $2,309,963 0.18% 12,175 $-424,395 Down ×1
TJX TJX Companies, Inc. (The) Common Stock $2,127,060 0.17% 14,040 $-115,128
TSM Taiwan Semiconductor Manufacturing Company Ltd. $2,118,978 0.17% 4,437 $619,494
NEE NextEra Energy, Inc. Common Stock $2,045,129 0.16% 23,301 $-128,356 Down ×6
GD General Dynamics Corporation Common Stock $1,682,286 0.13% 4,749 $52,334
DE Deere & Company Common Stock $1,639,743 0.13% 2,585 $183,612
EHC Encompass Health Corporation Common Stock $1,547,535 0.12% 15,310 $98,520 Up ×2
APH Amphenol Corporation Common Stock $1,373,533 0.11% 7,790 $419,590 Up ×3
FITB Fifth Third Bancorp - Common Stock $1,359,137 0.11% 24,111 $201,772 Down ×1
DHR Danaher Corporation Common Stock $1,248,596 0.10% 6,555 $-94,720 Down ×2
BAC Bank of America Corporation Common Stock $1,204,671 0.10% 21,142 $173,998
VFF Village Farms International, Inc. - Common Shares $1,150,800 0.09% 575,400 $-483,336
PM Philip Morris International Inc Common Stock $1,144,618 0.09% 6,327 $98,512
RACE Ferrari N.V. Common Shares $1,005,183 0.08% 2,700 $91,368
VTI VANGUARD INDEX FUNDS $925,100 0.07% 2,500 $123,075
CBOE Cboe Global Markets, Inc. Common Stock $911,469 0.07% 3,756 $-144,230
MCO Moody's Corporation Common Stock $849,225 0.07% 1,875 $31,256
GS Goldman Sachs Group, Inc. (The) Common Stock $835,406 0.07% 826 $136,606
IJH iShares Trust $771,100 0.06% 10,000 $95,800
LEN Lennar Corporation Class A Common Stock $723,920 0.06% 8,000 $-665,520 Down ×1
TSLA Tesla, Inc. - Common Stock $717,544 0.06% 1,706 $83,338
MO Altria Group, Inc. $707,628 0.06% 9,835 $58,616
SPY SPY $638,488 0.05% 855 $82,447
CSCO Cisco Systems, Inc. - Common Stock $637,808 0.05% 5,430 $216,494
VO VANGUARD INDEX FUNDS $621,034 0.05% 7,708 $67,638 Up ×1
HCA HCA Healthcare, Inc. Common Stock $602,380 0.05% 1,545 $-157,170 Down ×2
UNP Union Pacific Corporation Common Stock $600,880 0.05% 2,209 $64,904
MAR Marriott International - Class A Common Stock $540,691 0.04% 1,459 $63,496
CARR Carrier Global Corporation Common Stock $535,455 0.04% 7,300 $118,761 Down ×3
CMCSA Comcast Corporation - Class A Common Stock $527,825 0.04% 21,500 $-89,440
ITW Illinois Tool Works Inc. Common Stock $459,799 0.04% 1,700 $10,799 Down ×1
PLTR Palantir Technologies Inc. - Class A Common Stock $453,263 0.04% 3,885 $-115,035
MDLZ Mondelez International, Inc. - Class A Common Stock $407,425 0.03% 7,044 $1,409
Unknown issuer (CUSIP: 438516205) $373,241 0.03% 1,667 Up ×1
Unknown issuer (CUSIP: 43849R105) $368,540 0.03% 1,667 Up ×1
PWR Quanta Services, Inc. Common Stock $326,178 0.03% 453 $73,629 Down ×1
GLD SPDR Gold Shares $276,285 0.02% 750 $-46,433
RIVN Rivian Automotive, Inc. - Class A Common Stock $275,865 0.02% 15,900 $36,570
IWM iShares Trust $255,383 0.02% 850 $44,583
TXT Textron Inc. Common Stock $249,781 0.02% 2,723 $11,355
PG Procter & Gamble Company (The) Common Stock $245,622 0.02% 1,675 $3,685
PEP PepsiCo, Inc. - Common Stock $230,180 0.02% 1,700 $-41,578 Down ×2
EXP Eagle Materials Inc Common Stock $219,375 0.02% 975
C Citigroup, Inc. Common Stock $214,559 0.02% 1,533 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
META $52,375,267 4.17% up ×3
LLY $40,991,720 3.26% up ×5
RDDT $27,609,808 2.20% up ×3
QXO $27,271,901 2.17% up ×3
APH $1,373,533 0.11% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
AVGO $2,433,466 6,442 0.19%
Unknown issuer (CUSIP: 438516205) $373,241 1,667 0.03%
Unknown issuer (CUSIP: 43849R105) $368,540 1,667 0.03%
EXP $219,375 975 0.02%
C $214,559 1,533 0.02%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
AAPL Trimmed -16K +$27.3M
GOOGL Trimmed -4K +$25.3M
LLY Bought more +3K +$12.6M
AMZN Trimmed -2K +$12.3M
NVDA Trimmed -2K +$7.6M
RDDT Bought more +8K +$7.3M
VRT Trimmed -23K +$6.8M
SCHW Bought more +71K +$6.5M
GEV Trimmed -1K +$5.0M
JPM Trimmed -2K +$4.4M

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
WHR March 31, 2026 82,717 $5,967,204 -43.8%
CMA March 31, 2026 14,879 $1,293,431 No longer tracked
UBER March 31, 2026 14,225 $1,162,325 -5.3%
SBUX Sept. 30, 2025 11,440 $1,048,247 12.0%
COP June 30, 2025 8,625 $905,798 41.2%
LMT Sept. 30, 2025 1,811 $838,747 1.2%
HON June 30, 2026 3,693 $834,729 -4.4%
MCD March 31, 2026 1,608 $491,453 -25.4%
RVMD March 31, 2026 5,000 $398,250 112.5%
IBB Sept. 30, 2025 2,940 $371,939 42.2%
INTU June 30, 2026 732 $316,502 7.7%
CVX June 30, 2025 1,595 $266,828 44.3%
ETN Dec. 31, 2025 637 $238,397 36.9%
DASH March 31, 2026 1,040 $235,539 26.0%
IBIT March 31, 2026 4,735 $235,093
ZTS Sept. 30, 2025 1,496 $233,301 -52.4%
MSCI June 30, 2025 395 $223,373 -7.1%
NFLX Dec. 31, 2025 182 $218,203 -28.5%
MRP June 30, 2025 8,080 $214,201 -13.7%
AVGO March 31, 2026 600 $207,660 14.7%
EXP March 31, 2026 975 $201,513 -9.5%