Sector breakdown

04
Technology 8.1%
Financials 5.9%
Industrials 3.8%
Communication Services 1.2%
Energy 0.9%
Retail 0.5%
Other/Unmapped 79.5%

Full portfolio 61 positions

05
Type Streak 8Q trend
FMAY First Trust Exchange-Traded Fund VIII $27,471,931 12.74% 488,824 $2,110,966 Up ×1
BND Vanguard Total Bond Market ETF $15,911,492 7.38% 216,748 $408,136 Up ×1
IVV iShares Trust $12,928,380 5.99% 17,263 $187,653 Down ×2
DIA State Street SPDR Dow Jones Industrial Average ETF Trust $12,734,236 5.90% 24,377 $1,540,736 Up ×1
ONEQ Fidelity Nasdaq Composite Index ETF $11,775,149 5.46% 114,078 Up ×1
ITM VanEck ETF Trust $8,662,918 4.02% 184,357 $188,382 Up ×1
ITA iShares Trust $8,161,474 3.78% 33,667 $720,143 Down ×6
XME SPDR SERIES TRUST $6,935,983 3.22% 64,865 $-730,010 Down ×4
FTLS First Trust Exchange-Traded Fund III $6,730,194 3.12% 91,195 $481,536 Up ×1
QQQM Invesco NASDAQ 100 ETF $6,505,730 3.02% 21,473 Up ×1
BUFR First Trust Exchange-Traded Fund VIII $6,286,996 2.91% 172,105 $504,491 Up ×1
DVY iShares Select Dividend ETF $6,111,202 2.83% 39,099 $216,604 Up ×1
STEL Stellar Bancorp, Inc. Common Stock $5,973,748 2.77% 151,926 $411,720
XLE SELECT SECTOR SPDR TRUST $4,890,970 2.27% 92,091 $-991,218 Down ×2
QTUM Defiance Quantum ETF $4,791,079 2.22% 28,970 Up ×1
XSD SPDR SERIES TRUST $4,681,607 2.17% 7,506 Up ×1
NVDA NVIDIA Corporation - Common Stock $4,481,829 2.08% 22,399 $338,416 Down ×2
GE GE Aerospace Common Stock $4,399,267 2.04% 11,771 $1,026,303 Down ×6
AAPL Apple Inc. - Common Stock $4,212,537 1.95% 14,558 $492,138 Down ×3
VOO VANGUARD INDEX FUNDS $3,373,598 1.56% 4,912 $444,344 Up ×3
CWB SPDR SERIES TRUST $3,119,034 1.45% 28,928 $458,485 Down ×4
AXP American Express Company Common Stock $3,028,127 1.40% 8,952 $323,242 Up ×1
AMAT Applied Materials, Inc. - Common Stock $2,876,864 1.33% 3,979 Up ×1
V Visa Inc. $2,537,604 1.18% 7,396 $323,100 Up ×1
MSFT Microsoft Corporation - Common Stock $2,432,111 1.13% 6,520 $34,402 Up ×1
CAT Caterpillar, Inc. Common Stock $2,354,494 1.09% 2,211 Up ×1
HYG iShares Trust $2,235,618 1.04% 27,956 $112,075 Up ×1
PFF iShares Preferred and Income Securities ETF $2,225,420 1.03% 72,989 $84,260 Up ×1
EMHY iShares, Inc. $2,135,093 0.99% 52,504 $132,082 Up ×1
FALN iShares Fallen Angels USD Bond ETF $2,048,375 0.95% 75,197 $125,091 Up ×1
CSCO Cisco Systems, Inc. - Common Stock $1,835,430 0.85% 15,626 Up ×1
XOM Exxon Mobil Corporation Common Stock $1,828,802 0.85% 13,376 $-763,437 Down ×1
AVGO Broadcom Inc. - Common Stock $1,665,898 0.77% 4,410 $203,095 Down ×2
PLTR Palantir Technologies Inc. - Class A Common Stock $1,638,258 0.76% 14,042 $-377,599 Up ×1
GEV GE Vernova Inc. Common Stock $1,255,934 0.58% 1,069 $270,426 Down ×1
AGG iShares Trust $1,246,653 0.58% 12,595 $-3,653
RVNU DBX ETF Trust $1,113,571 0.52% 43,997 $32,005 Up ×1
PZA Invesco Exchange-Traded Fund Trust II $1,094,403 0.51% 46,531 $27,500 Up ×1
MLN VanEck ETF Trust $1,094,098 0.51% 61,535 $23,252 Up ×1
PWZ Invesco Exchange-Traded Fund Trust II $1,065,728 0.49% 43,481 $30,184 Up ×1
TFI SPDR SERIES TRUST $1,063,499 0.49% 23,220 $13,015 Up ×1
VYM VANGUARD WHITEHALL FUNDS $965,205 0.45% 6,108 $60,669
HWC Hancock Whitney Corporation - Common Stock $816,283 0.38% 10,925 $126,370 Up ×6
HD Home Depot, Inc. (The) Common Stock $767,826 0.36% 2,177 $55,357 Up ×3
XLG Invesco Exchange-Traded Fund Trust $668,632 0.31% 10,920 $72,946
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF $554,776 0.26% 10,434 $-521
GOOG Alphabet Inc. - Class C Capital Stock $498,972 0.23% 1,412 $94,064
VUG VANGUARD INDEX FUNDS $484,395 0.22% 5,623 $75,025 Up ×1
SOXX iShares Trust $482,492 0.22% 753 $235,011
MUB iShares Trust $464,165 0.22% 4,313 $-9,901 Down ×1
QQQ Invesco QQQ Trust, Series 1 $452,886 0.21% 615 $97,920
VYMI Vanguard International High Dividend Yield ETF $393,684 0.18% 4,009 $15,876
JPM JP Morgan Chase & Co. Common Stock $376,964 0.17% 1,152 $38,851 Up ×3
AMZN Amazon.com, Inc. - Common Stock $312,464 0.14% 1,311 $36,506 Down ×1
SHYG iShares Trust $286,976 0.13% 6,767 $59,687 Up ×1
META Meta Platforms, Inc. - Class A Common Stock $258,987 0.12% 460 $-3,940
PH Parker-Hannifin Corporation Common Stock $257,246 0.12% 263 $21,798
XLK SELECT SECTOR SPDR TRUST $229,386 0.11% 1,204 Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $219,682 0.10% 460 Up ×1
IVE iShares Trust $211,263 0.10% 930 Up ×1
PROP Prairie Operating Co. - Common Stock $101,010 0.05% 140,000 $-183,190

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
VOO $3,373,598 1.56% up ×3
HWC $816,283 0.38% up ×6
HD $767,826 0.36% up ×3
JPM $376,964 0.17% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
ONEQ $11,775,149 114,078 5.46%
QQQM $6,505,730 21,473 3.02%
QTUM $4,791,079 28,970 2.22%
XSD $4,681,607 7,506 2.17%
AMAT $2,876,864 3,979 1.33%
CAT $2,354,494 2,211 1.09%
CSCO $1,835,430 15,626 0.85%
XLK $229,386 1,204 0.11%
TSM $219,682 460 0.10%
IVE $211,263 930 0.10%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
FMAY Bought more +9K +$2.1M
DIA Bought more +211 +$1.5M
GE Trimmed -115 +$1.0M
XLE Trimmed -4K -$991K
XOM Trimmed -2K -$763K
XME Trimmed -6K -$730K
ITA Trimmed -351 +$720K
BUFR Bought more +873 +$504K
AAPL Trimmed -101 +$492K
FTLS Bought more +2K +$482K

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
NAPR June 30, 2026 221,430 $12,094,507
BUFQ June 30, 2026 167,491 $5,915,782
ITB June 30, 2026 52,578 $4,760,951
XLF June 30, 2026 82,453 $4,070,724 -0.2%
WMT June 30, 2026 23,640 $2,937,953 -7.9%
WFC June 30, 2026 24,552 $1,954,594 -2.7%
CRM June 30, 2026 8,619 $1,608,948 49.8%
ORCL June 30, 2025 10,448 $1,460,776 -34.9%
BSCP Dec. 31, 2025 13,566 $280,681 No longer tracked
CVX June 30, 2026 1,175 $243,108 24.7%