Sector breakdown

04
Technology 14.7%
Retail 3.0%
Communication Services 2.1%
Industrials 2.1%
Healthcare 2.0%
Financials 1.8%
Energy 1.1%
Consumer Discretionary 0.7%
Utilities 0.6%
Real Estate 0.4%
Consumer Staples 0.4%
Materials 0.3%
Consumer products 0.1%
Other/Unmapped 70.8%

Full portfolio 678 positions

05
Type Streak 8Q trend
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF $18,475,871 5.84% 203,501 $2,964,161 Up ×5
XLK SELECT SECTOR SPDR TRUST $18,428,693 5.83% 96,729 $5,534,082 Down ×1
AAPL Apple Inc. - Common Stock $15,284,957 4.83% 52,823 $1,584,473 Down ×3
RWL Invesco Exchange-Traded Fund Trust II $10,615,587 3.36% 83,090 Up ×1
JMBS Janus Henderson Mortgage-Backed Securities ETF $10,458,688 3.31% 232,467 $-1,786,692 Down ×1
NVDA NVIDIA Corporation - Common Stock $9,942,887 3.14% 49,692 $1,640,005 Up ×1
SPDW State Street SPDR Portfolio Developed World ex-US ETF $7,774,697 2.46% 154,291 $957,332 Up ×6
GSLC Goldman Sachs ETF Trust $7,645,257 2.42% 53,882 $1,150,058 Up ×5
SPTI State Street SPDR Portfolio Intermediate Term Treasury ETF $7,276,866 2.30% 256,318 $-2,110,917 Down ×1
AMZN Amazon.com, Inc. - Common Stock $6,475,700 2.05% 27,170 $707,448 Down ×2
BOND PIMCO Active Bond Exchange-Traded Fund Exchange-Traded Fund $6,448,901 2.04% 69,937 Up ×1
VUG Vanguard Morningstar Growth ETF $6,141,662 1.94% 71,299 $794,725 Up ×1
XLF SELECT SECTOR SPDR TRUST $5,306,923 1.68% 98,991 $528,910 Up ×6
AMD Advanced Micro Devices, Inc. - Common Stock $5,248,527 1.66% 9,035 $3,851,161 Up ×1
XLV SELECT SECTOR SPDR TRUST $5,221,583 1.65% 32,911 $512,921 Up ×5
EEM iShares, Inc. $5,144,463 1.63% 75,201 $963,534 Up ×5
IQDG WisdomTree Trust $4,932,983 1.56% 114,507 $536,136 Up ×5
SPTS State Street SPDR Portfolio Short Term Treasury ETF $4,809,969 1.52% 165,804 $-1,034,002 Down ×1
XLY XLY $4,484,905 1.42% 38,241 $382,830 Up ×6
QQQM Invesco NASDAQ 100 ETF $4,442,778 1.40% 14,664 Up ×1
VTV Vanguard Morningstar Value ETF $3,993,223 1.26% 18,323 $290,881 Down ×5
JAAA Janus Henderson AAA CLO ETF $3,991,918 1.26% 79,064 $1,073,157 Up ×6
XLC SELECT SECTOR SPDR TRUST $3,873,200 1.22% 36,154 $-36,958 Up ×6
RSP Invesco Exchange-Traded Fund Trust $3,811,676 1.21% 17,915 $689,202 Up ×6
MU Micron Technology, Inc. - Common Stock $3,502,508 1.11% 3,034 $2,765,975 Up ×2
XLI SELECT SECTOR SPDR TRUST $3,493,428 1.10% 18,860 $698,893 Up ×1
IJH iShares Trust $3,108,955 0.98% 40,318 $371,299 Down ×1
TFI State Street SPDR Nuveen ICE Municipal Bond ETF $3,010,354 0.95% 65,728 $-1,879,317 Down ×1
LLY Eli Lilly and Company Common Stock $2,993,884 0.95% 2,496 $957,443 Up ×1
AVSC AMERICAN CENTURY ETF TRUST $2,962,167 0.94% 40,390 $689,502 Up ×2
QQQ Invesco QQQ Trust, Series 1 $2,823,756 0.89% 3,835 $-2,800,915 Down ×1
MSFT Microsoft Corporation - Common Stock $2,821,150 0.89% 7,563 $327,981 Up ×1
QGRO AMERICAN CENTURY ETF TRUST $2,801,555 0.89% 23,732 $580,440 Up ×6
SPIB State Street SPDR Portfolio Intermediate Term Corporate Bond ETF $2,768,531 0.88% 82,742 $-546,093 Down ×1
SPTL State Street SPDR Portfolio Long Term Treasury ETF $2,694,512 0.85% 102,726 $-494,320 Down ×1
VTI Vanguard Morningstar Total Stock Market ETF $2,577,461 0.81% 6,965 $27,349 Down ×3
GMUB Goldman Sachs Municipal Income ETF $2,354,709 0.74% 45,776 Up ×1
GLDM SPDR Gold MiniShares Trust $2,307,784 0.73% 29,058 Up ×1
IBTG iShares iBonds Dec 2026 Term Treasury ETF $2,126,909 0.67% 92,919 $135,755 Up ×6
XLP XLP $2,108,799 0.67% 25,386 $130,188 Up ×5
GOOGL Alphabet Inc. - Class A Common Stock $1,931,073 0.61% 5,404 $712,574 Up ×1
IEFA iShares Core MSCI EAFE ETF $1,847,079 0.58% 19,125 $13,167 Down ×2
SPYG State Street SPDR Portfolio S&P 500 Growth ETF $1,814,540 0.57% 15,249 $272,212 Down ×5
JPM JP Morgan Chase & Co. Common Stock $1,722,084 0.54% 5,261 $504,555 Up ×1
XLE SELECT SECTOR SPDR TRUST $1,663,627 0.53% 31,324 $-209,513 Up ×5
META Meta Platforms, Inc. - Class A Common Stock $1,604,285 0.51% 2,848 $211,720 Up ×1
GLD SPDR Gold Shares $1,556,896 0.49% 4,226 $-2,954,116 Down ×3
SPLB State Street SPDR Portfolio Long Term Corporate Bond ETF $1,498,963 0.47% 66,918 $95,777 Up ×6
SPYV State Street SPDR Portfolio S&P 500 Value ETF $1,359,569 0.43% 22,365 $-73,069 Down ×2
AVGO Broadcom Inc. - Common Stock $1,298,734 0.41% 3,438 $288,433 Up ×5
GLW Corning Incorporated Common Stock $1,295,031 0.41% 5,070 $1,235,612 Up ×2
XLU XLU $1,283,275 0.41% 28,304 $-20,681 Down ×1
NFLX Netflix, Inc. - Common Stock $1,274,275 0.40% 17,847 $-566,524 Down ×2
BIL SPDR SERIES TRUST $1,212,188 0.38% 13,228 $62,769 Up ×1
JEPQ JPMorgan Nasdaq Equity Premium Income ETF $1,208,127 0.38% 19,657 $439,190 Up ×3
JNJ Johnson & Johnson Common Stock $1,182,994 0.37% 4,658 $383,031 Up ×2
IBTH iShares iBonds Dec 2027 Term Treasury ETF $1,137,136 0.36% 50,833 $72,013 Up ×2
SPY SPY $1,124,672 0.36% 1,506 $236,036 Up ×3
IEMG iShares, Inc. $1,070,191 0.34% 12,919 $102,474 Down ×1
STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) $1,064,539 0.34% 1,103 $921,546 Up ×2
SNDK Sandisk Corporation - Common Stock $1,057,285 0.33% 465 $683,705 Down ×1
IJR iShares Trust $1,047,810 0.33% 7,065 $177,966 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $1,024,517 0.32% 2,900 $312,126 Up ×1
TAFI AB Tax-Aware Short Duration Municipal ETF $901,052 0.28% 35,728 $65,846 Up ×3
XOM Exxon Mobil Corporation Common Stock $891,415 0.28% 6,520 $-187,454 Up ×1
XLRE XLRE $884,066 0.28% 20,079 $78,632 Up ×6
EBND SPDR SERIES TRUST $880,677 0.28% 42,097 $93,859 Up ×6
MCD McDonald's Corporation Common Stock $851,127 0.27% 3,149 $173,121 Up ×1
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF $840,013 0.27% 14,566 $142,170 Up ×1
IVV iShares Trust $830,597 0.26% 1,109 $120,490 Up ×3
MYCG State Street My2027 Corporate Bond ETF $811,076 0.26% 32,456 $51,209 Up ×3
IUSG iShares Core S&P U.S. Growth ETF $803,608 0.25% 4,273 $-12,441 Down ×1
XLB XLB $800,462 0.25% 15,748 $30,312 Up ×6
MRVL Marvell Technology, Inc. - Common Stock $776,901 0.25% 2,608 $714,697 Up ×1
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $765,429 0.24% 1,003 $597,553 Up ×2
COST Costco Wholesale Corporation - Common Stock $722,610 0.23% 772 $281,527 Up ×1
VGT Vanguard Information Tech ETF $719,750 0.23% 6,022 $219,485 Up ×1
JMST JPMorgan Ultra-Short Municipal Income ETF $717,908 0.23% 14,077 $-108,647 Down ×2
ETN Eaton Corporation, PLC Ordinary Shares $716,308 0.23% 1,681 $115,064
WMT Walmart Inc. - Common Stock $703,686 0.22% 6,213 $242,517 Up ×1
IGM iShares Expanded Tech Sector ETF $703,479 0.22% 4,301 $191,473 Down ×2
SHYD VanEck ETF Trust $692,464 0.22% 30,239 $374,878 Up ×3
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF $650,712 0.21% 9,632 $86,748 Up ×3
FLHY Franklin Templeton ETF Trust $646,198 0.20% 26,603 $253,382 Up ×6
MEAR iShares U.S. ETF Trust $639,216 0.20% 12,688 $-96,236 Down ×2
ABBV AbbVie Inc. Common Stock $628,139 0.20% 2,496 $319,736 Up ×1
APD Air Products and Chemicals, Inc. Common Stock $625,477 0.20% 2,133 $66,756 Up ×3
TSM Taiwan Semiconductor Manufacturing Company Ltd. $610,597 0.19% 1,279 $138,982 Down ×1
NVT nVent Electric plc Ordinary Shares $588,457 0.19% 3,469 $227,537 Up ×2
CAT Caterpillar, Inc. Common Stock $585,695 0.19% 550 $514,849 Up ×1
MBB iShares MBS ETF $546,809 0.17% 5,785 $17,291 Up ×1
Unknown issuer (CUSIP: 84615Q103) $534,280 0.17% 3,127 Up ×1
HD Home Depot, Inc. (The) Common Stock $524,435 0.17% 1,487 $35,374
DUK Duke Energy Corporation (Holding Company) Common Stock $523,189 0.17% 4,133 $27,510 Up ×6
MLN VanEck ETF Trust $521,211 0.16% 29,314 $-125,236 Down ×1
MPC Marathon Petroleum Corporation Common Stock $515,431 0.16% 2,016 $174,311 Up ×1
PANW Palo Alto Networks, Inc. - Common Stock $514,940 0.16% 1,510 $418,748 Up ×1
MA Mastercard Incorporated Common Stock $509,491 0.16% 992 $18,823 Up ×1
VCSH Vanguard Short-Term Corporate Bond ETF $492,435 0.16% 6,231 $-1,497
VBK Vanguard Morningstar Small-Cap Growth ETF $488,576 0.15% 1,336 $78,724 Down ×6

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
SPTM $18,475,871 5.84% up ×5
SPDW $7,774,697 2.46% up ×6
GSLC $7,645,257 2.42% up ×5
XLF $5,306,923 1.68% up ×6
XLV $5,221,583 1.65% up ×5
EEM $5,144,463 1.63% up ×5
IQDG $4,932,983 1.56% up ×5
XLY $4,484,905 1.42% up ×6
JAAA $3,991,918 1.26% up ×6
XLC $3,873,200 1.22% up ×6
RSP $3,811,676 1.21% up ×6
QGRO $2,801,555 0.89% up ×6
IBTG $2,126,909 0.67% up ×6
XLP $2,108,799 0.67% up ×5
XLE $1,663,627 0.53% up ×5

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
RWL $10,615,587 83,090 3.36%
BOND $6,448,901 69,937 2.04%
QQQM $4,442,778 14,664 1.40%
GMUB $2,354,709 45,776 0.74%
GLDM $2,307,784 29,058 0.73%
Unknown issuer (CUSIP: 84615Q103) $534,280 3,127 0.17%
CSL $423,695 1,168 0.13%
TSN $394,116 6,884 0.12%
IBKR $347,035 3,987 0.11%
TPG $331,822 8,183 0.10%
SECT $281,192 3,902 0.09%
SAMT $240,489 5,038 0.08%
KLAC $226,283 750 0.07%
AMAT $224,130 310 0.07%
GE $223,499 598 0.07%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
XLK Trimmed -296 +$5.5M
AMD Bought more +2K +$3.9M
SPTM Bought more +7K +$3.0M
GLD Trimmed -6K -$3.0M
QQQ Trimmed -6K -$2.8M
MU Bought more +854 +$2.8M
SPTI Trimmed -71K -$2.1M
TFI Trimmed -42K -$1.9M
JMBS Trimmed -39K -$1.8M
NVDA Bought more +2K +$1.6M

1 position 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
SPYM March 31, 2026 42,095 $3,376,881 20.1%
IBTF Dec. 31, 2025 80,956 $1,891,532 No longer tracked
IXUS March 31, 2026 13,327 $1,127,963
MYCF Dec. 31, 2025 27,800 $698,614
BSMP Dec. 31, 2025 22,091 $541,785 No longer tracked
KTB June 30, 2026 5,119 $359,781 -21.9%
HSY June 30, 2026 1,685 $350,214 -7.8%
COF March 31, 2026 1,236 $299,435 8.4%
WYNN June 30, 2026 2,923 $296,847 -18.9%
VSS March 31, 2026 2,027 $290,541
ARES June 30, 2026 2,547 $277,858 6.7%
USHY March 31, 2026 7,233 $270,480 -3.1%
HII March 31, 2026 729 $247,758 -30.8%
BSCQ Sept. 30, 2025 12,203 $238,198
RJF Dec. 31, 2025 1,374 $237,226 -0.1%
MSGE March 31, 2026 4,344 $234,098 37.3%
AON March 31, 2026 603 $212,821 -15.4%
MAA Sept. 30, 2025 1,083 $160,295 -15.4%
VNOM (filed as VNOMXXXX) Sept. 30, 2025 4,143 $157,962 7.8%
EVR June 30, 2025 615 $122,842 -0.6%
SPGI June 30, 2025 239 $121,446 -24.6%
BURL June 30, 2025 505 $120,357 19.3%
BRX June 30, 2025 4,529 $120,241 5.3%
NCLH June 30, 2025 6,309 $119,619 -23.0%
BDC June 30, 2025 1,170 $117,294 -1.3%
GE March 31, 2026 267 $82,245 9.1%
SPOT Sept. 30, 2025 100 $76,734 -30.0%
NOW Sept. 30, 2025 50 $51,404 -24.7%
SPYD Sept. 30, 2025 1,050 $44,562
BKNG June 30, 2026 10 $42,103 -11.1%
ANET March 31, 2026 300 $39,309 71.8%
CVNA Dec. 31, 2025 100 $37,724 -84.8%
ANET June 30, 2025 480 $37,190 106.1%
SMH Dec. 31, 2025 100 $32,636 76.8%
NRG Sept. 30, 2025 200 $32,116 -36.2%
MCHP Dec. 31, 2025 500 $32,110 28.2%
PSCT June 30, 2025 755 $30,260
LULU Dec. 31, 2025 160 $28,469 -54.9%
ARCC March 31, 2026 1,403 $28,373 4.1%
BSCP Dec. 31, 2025 1,300 $26,898 No longer tracked
OKLO Sept. 30, 2025 450 $25,196 -65.2%
LNG June 30, 2025 100 $23,140 13.5%
HES Sept. 30, 2025 150 $20,781 No longer tracked
ERO June 30, 2026 710 $18,936 41.6%
GEHC Dec. 31, 2025 250 $18,775 -20.4%
SBUX Dec. 31, 2025 220 $18,612 14.2%
HWM June 30, 2026 78 $17,976 -14.6%
HOOD Dec. 31, 2025 125 $17,898 1.0%
MASI June 30, 2026 100 $17,787 No longer tracked
EWY June 30, 2026 143 $17,590
AEM June 30, 2026 85 $17,253 19.9%
CCJ June 30, 2026 158 $17,160 -8.6%
DGRW June 30, 2025 200 $15,972
ON Sept. 30, 2025 300 $15,723 74.7%
TTD March 31, 2026 410 $15,564 -47.3%
BP March 31, 2026 430 $14,934 -4.1%
USAR June 30, 2026 950 $14,378 -35.5%
JSMD June 30, 2025 200 $13,998
DLN Sept. 30, 2025 160 $13,142
KEP June 30, 2026 915 $13,039 -6.6%
SPNS Dec. 31, 2025 300 $12,900 No longer tracked
GATX March 31, 2026 76 $12,890 0.3%
AAOI June 30, 2026 150 $12,689 -12.9%
TROW June 30, 2026 140 $12,620 -8.7%
PH Sept. 30, 2025 18 $12,572 30.8%
KR March 31, 2026 200 $12,496 -19.7%
INSP June 30, 2025 75 $11,946 -46.6%
DAR Sept. 30, 2025 311 $11,799 98.8%
NBIS Dec. 31, 2025 100 $11,227 195.4%
COHR June 30, 2026 45 $10,719 -15.0%
IHF June 30, 2025 200 $10,560 14.8%
JHSC March 31, 2026 250 $10,498
CLX June 30, 2026 100 $10,363 -12.4%
OXY June 30, 2025 200 $9,872 40.1%
CNQ June 30, 2026 200 $9,746 22.6%
BDX March 31, 2026 50 $9,704 15.7%
PDCO June 30, 2025 300 $9,372 No longer tracked
GDX June 30, 2025 200 $9,194 69.7%
RBRK Sept. 30, 2025 100 $8,959 54.0%
HQY June 30, 2025 100 $8,837 -12.7%
BKR June 30, 2025 200 $8,790 49.6%
CAVA June 30, 2025 100 $8,641 -36.7%
COHR June 30, 2025 120 $7,793 275.7%
CARR March 31, 2026 143 $7,561 0.2%
HACK June 30, 2025 100 $7,180
RKLB Sept. 30, 2025 200 $7,154 58.0%
SNY Sept. 30, 2025 144 $6,957 -15.9%
FUN June 30, 2026 390 $6,923 -42.2%
MNA June 30, 2025 200 $6,860
LOB June 30, 2025 250 $6,665 23.5%
DOW June 30, 2026 155 $6,456 3.9%
MSTR Dec. 31, 2025 20 $6,444 9.2%
JAVA June 30, 2025 100 $6,354
PAYX Dec. 31, 2025 50 $6,338 -10.3%
OTIS March 31, 2026 72 $6,289 -14.0%
IRM March 31, 2026 75 $6,221 14.3%
BBSC June 30, 2025 100 $6,052
INCO June 30, 2025 100 $5,953
CZR June 30, 2025 238 $5,950 4.6%
AL June 30, 2026 89 $5,780 No longer tracked
RQI March 31, 2026 500 $5,710 -7.8%
VICI March 31, 2026 200 $5,624 -16.3%
ZM June 30, 2025 75 $5,533 20.8%
TEVA June 30, 2025 359 $5,518 134.8%
UL (filed as ULXXXX) Dec. 31, 2025 93 $5,513 -7.0%
FXO June 30, 2025 100 $5,300
CFLT March 31, 2026 171 $5,171 No longer tracked
ROUS June 30, 2025 100 $5,073
CHE June 30, 2026 13 $4,911 9.4%
SHOP March 31, 2026 30 $4,829 39.4%
UL June 30, 2026 82 $4,672 1.2%
PLL Sept. 30, 2025 800 $4,656 No longer tracked
AIN March 31, 2026 91 $4,614 16.5%
NMI June 30, 2025 463 $4,556 -8.4%
GTLB Sept. 30, 2025 100 $4,511 14.8%
LIN March 31, 2026 10 $4,264 -1.9%
DIAX March 31, 2026 277 $4,227 No longer tracked
BLCN June 30, 2026 200 $4,198 No longer tracked
DD June 30, 2026 87 $3,985 -2.2%
AMT Sept. 30, 2025 18 $3,978 -14.5%
ETSY June 30, 2026 76 $3,798 -3.8%
EDOW June 30, 2025 100 $3,622
SMR June 30, 2025 250 $3,540 -79.3%
ES March 31, 2026 52 $3,501 -6.5%
OS June 30, 2026 140 $3,360 No longer tracked
IONQ June 30, 2025 150 $3,311 1.4%
ZEUS Sept. 30, 2025 100 $3,259 No longer tracked
IDYA Sept. 30, 2025 150 $3,153 37.8%
XHE June 30, 2026 38 $2,979
OIA June 30, 2025 491 $2,956 -1.7%
TEM March 31, 2026 50 $2,953 69.3%
ENTG Dec. 31, 2025 30 $2,774 99.4%
CCL June 30, 2026 100 $2,588 -6.6%
RGEN June 30, 2026 20 $2,356 31.9%
ZTS Sept. 30, 2025 15 $2,340 -51.0%
GOGL Sept. 30, 2025 300 $2,196 No longer tracked
NUW June 30, 2025 159 $2,185 -4.9%
FWRG June 30, 2026 200 $2,096 -16.8%
CROX March 31, 2026 22 $1,881 43.5%
SAIL June 30, 2025 100 $1,875 -10.5%
STIP June 30, 2025 18 $1,862
EA Dec. 31, 2025 9 $1,815 No longer tracked
PBYI Sept. 30, 2025 500 $1,715 81.2%
XOVR June 30, 2026 100 $1,689
FMC Dec. 31, 2025 50 $1,682 -33.9%
IOVA June 30, 2025 500 $1,665 676.5%
AEE June 30, 2026 15 $1,640 -10.8%
XAR June 30, 2025 10 $1,607
SIRI June 30, 2025 62 $1,393 15.1%
DSU March 31, 2026 133 $1,349 -7.6%
VGK Dec. 31, 2025 15 $1,197
FLCH June 30, 2025 55 $1,175
IVOO March 31, 2026 10 $1,118 9.6%
LMND June 30, 2025 34 $1,069 6.0%
TCAF Sept. 30, 2025 30 $1,058
OWL June 30, 2026 100 $913 3.2%
ARRY Sept. 30, 2025 150 $885 -50.2%
SMTC June 30, 2025 22 $757 337.3%
FESM March 31, 2026 20 $756
WFC March 31, 2026 8 $746 2.5%
FVRR June 30, 2025 25 $592 -70.9%
CALY June 30, 2025 75 $494 78.5%
EMC March 31, 2026 16 $492
NVRO June 30, 2025 80 $467 No longer tracked
DEO March 31, 2026 5 $431 14.2%
ZETA Sept. 30, 2025 25 $387 68.2%
MFA June 30, 2025 37 $380 -22.4%
OGN March 31, 2026 51 $368 129.5%
CC March 31, 2026 27 $318 -36.0%
FMNB March 31, 2026 23 $306 16.5%
MICC March 31, 2026 18 $285 16.0%
FLRN June 30, 2025 7 $216
VIAV March 31, 2026 12 $214 43.1%
FTFT June 30, 2026 125 $152 -68.4%
CRON Dec. 31, 2025 21 $58 24.9%
TOKE June 30, 2026 11 $56
ONL June 30, 2025 10 $21 12.2%