Sector breakdown

04
Technology 11.3%
Financials 5.1%
Industrials 4.8%
Communication Services 4.1%
Healthcare 3.3%
Retail 2.7%
Consumer Discretionary 1.2%
Energy 1.2%
Consumer Staples 1.0%
Utilities 0.8%
Materials 0.5%
Real Estate 0.4%
Consumer products 0.3%
Other/Unmapped 63.2%

Full portfolio 694 positions

05
Type Streak 8Q trend
Unknown issuer (CUSIP: 922040100) $227,566,306 7.02% 379,138 $30,977,908 Up ×3
Unknown issuer (CUSIP: 45775L408) $90,734,750 2.80% 1,048,835 $11,119,579 Down ×1
Unknown issuer (CUSIP: 922908710) $83,669,610 2.58% 120,911 $7,289,050 Down ×4
Unknown issuer (CUSIP: 38147N293) $83,198,061 2.57% 3,535,829 $-5,120,074 Down ×2
Unknown issuer (CUSIP: 4812A3718) $82,091,854 2.53% 1,858,964 $12,027,887 Up ×6
Unknown issuer (CUSIP: 98148J188) $82,040,121 2.53% 3,093,518 $10,127,345 Down ×6
AAPL Apple Inc. - Common Stock $77,144,244 2.38% 266,603 $8,462,833 Down ×2
Unknown issuer (CUSIP: 87244W680) $74,547,583 2.30% 933,595 $11,785,429 Up ×3
Unknown issuer (CUSIP: 83178C709) $74,434,790 2.29% 780,484 $4,521,636 Down ×3
NVDA NVIDIA Corporation - Common Stock $67,125,192 2.07% 335,475 $9,889,380 Up ×1
Unknown issuer (CUSIP: 74256W584) $54,811,784 1.69% 1,348,051 $2,711,660 Down ×1
IVV iShares Trust $47,983,628 1.48% 64,073 $8,911,872 Up ×6
VOO Vanguard S&P 500 ETF $47,639,202 1.47% 69,363 $-72,775 Down ×1
Unknown issuer (CUSIP: 922908660) $45,239,399 1.39% 169,728 $6,705,313 Down ×6
DUHP Dimensional ETF Trust $44,987,652 1.39% 1,078,065 $6,091,896 Up ×4
Unknown issuer (CUSIP: 921943809) $44,106,015 1.36% 1,924,346 $4,417,020 Down ×1
Unknown issuer (CUSIP: 922908645) $43,712,543 1.35% 109,514 $4,663,769 Down ×2
Unknown issuer (CUSIP: 14949P208) $42,724,349 1.32% 1,699,457 $5,490,312 Up ×1
MSFT Microsoft Corporation - Common Stock $42,321,730 1.30% 113,457 $-824,915 Down ×2
Unknown issuer (CUSIP: 262028731) $41,207,268 1.27% 1,209,843 $9,800,076 Up ×1
Unknown issuer (CUSIP: 48121L841) $38,992,183 1.20% 418,910 $3,497,352 Down ×2
Unknown issuer (CUSIP: 00771X419) $38,371,687 1.18% 2,070,787 $-1,563,178 Down ×2
Unknown issuer (CUSIP: 922908686) $38,201,380 1.18% 263,203 $5,079,722 Down ×2
GOOGL Alphabet Inc. - Class A Common Stock $38,124,231 1.18% 106,680 $8,684,989 Up ×1
IWF iShares Russell 1000 Growth Fund $37,458,363 1.15% 301,670 $5,471,541 Up ×1
Unknown issuer (CUSIP: 87244W664) $35,727,912 1.10% 1,098,982 $4,983,779 Up ×6
AVGO Broadcom Inc. - Common Stock $33,595,196 1.04% 88,935 $6,423,933 Up ×1
AMZN Amazon.com, Inc. - Common Stock $32,336,779 1.00% 135,675 $3,681,535 Down ×1
Unknown issuer (CUSIP: 904504842) $30,701,851 0.95% 349,162 $2,803,112 Up ×1
Unknown issuer (CUSIP: 808509442) $29,684,542 0.92% 803,588 $3,441,422 Up ×5
FULT Fulton Financial Corporation - Common Stock $28,577,412 0.88% 1,181,373 $4,580,728 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $27,010,665 0.83% 76,446 $7,900,626 Up ×1
IWD iShares Russell 1000 Value ETF $26,137,590 0.81% 107,815 $3,090,717 Down ×1
Unknown issuer (CUSIP: 52106N459) $25,706,225 0.79% 1,336,777 $2,519,051 Up ×4
META Meta Platforms, Inc. - Class A Common Stock $24,953,747 0.77% 44,300 $-252,012 Up ×2
Unknown issuer (CUSIP: 922908678) $24,821,118 0.77% 291,841 $2,299,653 Down ×6
Unknown issuer (CUSIP: 47803W406) $22,402,676 0.69% 734,995 $2,787,990 Up ×2
KLAC KLA Corporation - Common Stock $21,091,640 0.65% 69,907 $8,347,932 Up ×1
VSLU Applied Finance Valuation Large Cap ETF $20,751,362 0.64% 448,714 $5,858,975 Up ×6
IBTH iShares iBonds Dec 2027 Term Treasury ETF $18,586,271 0.57% 830,857 $4,596,277 Up ×2
Unknown issuer (CUSIP: 577125867) $18,294,592 0.56% 566,220 $4,710,932 Up ×1
SOXX iShares Trust $18,169,390 0.56% 28,356 $9,065,837 Up ×1
MU Micron Technology, Inc. - Common Stock $17,560,213 0.54% 15,213 $12,269,639 Down ×2
Unknown issuer (CUSIP: 461418444) $17,284,239 0.53% 600,355 $5,005,730 Up ×6
LLY Eli Lilly and Company Common Stock $17,090,678 0.53% 14,249 $4,384,056 Up ×3
JPM JP Morgan Chase & Co. Common Stock $16,247,351 0.50% 49,636 $2,331,524 Up ×3
Unknown issuer (CUSIP: 4812C2288) $14,695,147 0.45% 255,923 $1,396,280 Down ×2
AMAT Applied Materials, Inc. - Common Stock $14,021,139 0.43% 19,393 $6,049,571 Down ×5
MA Mastercard Incorporated Common Stock $14,000,222 0.43% 27,259 $27,730 Down ×2
CSCO Cisco Systems, Inc. - Common Stock $13,162,685 0.41% 112,061 $4,342,487 Down ×2
ABBV AbbVie Inc. Common Stock $12,997,206 0.40% 51,650 $2,575,521 Up ×2
TSLA Tesla, Inc. - Common Stock $12,619,261 0.39% 30,003 $1,313,229 Down ×1
Unknown issuer (CUSIP: 921937694) $12,300,860 0.38% 120,149 $597,679 Down ×2
Unknown issuer (CUSIP: 47803U640) $11,306,440 0.35% 387,339 $1,961,402 Up ×6
JIRE JPMorgan International Research Enhanced Equity ETF $11,278,857 0.35% 136,730 $5,033,337 Up ×1
V Visa Inc. $11,201,545 0.35% 32,649 $1,703,956 Up ×4
EFA iShares Trust $10,873,223 0.34% 104,671 $766,944 Up ×3
IEFA iShares Core MSCI EAFE ETF $10,655,574 0.33% 110,329 $717,101 Up ×6
APH Amphenol Corporation Common Stock $10,600,005 0.33% 60,118 $2,996,136 Down ×4
MRK Merck & Company, Inc. Common Stock (new) $10,229,242 0.32% 79,605 $884,153 Up ×3
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $10,067,346 0.31% 20,119 $601,709 Up ×1
IEMG iShares, Inc. $9,987,190 0.31% 120,560 $3,414,229 Up ×3
CGGR Capital Group Growth ETF $9,828,503 0.30% 208,231 Up ×1
URI United Rentals, Inc. Common Stock $9,784,770 0.30% 8,637 $3,648,838 Up ×1
Unknown issuer (CUSIP: 922908728) $8,999,456 0.28% 49,947 $1,126,602 Down ×1
IWR iShares Russell Mid-Cap ETF $8,913,966 0.27% 80,801 $716,602 Down ×2
HD Home Depot, Inc. (The) Common Stock $8,871,665 0.27% 25,155 $499,113 Down ×1
LRCX Lam Research Corporation - Common Stock $8,602,467 0.27% 19,852 $4,895,039 Up ×1
JNJ Johnson & Johnson Common Stock $8,101,643 0.25% 31,900 $-101,518 Down ×3
XOM Exxon Mobil Corporation Common Stock $7,947,943 0.25% 58,133 $-2,150,898 Down ×2
COST Costco Wholesale Corporation - Common Stock $7,884,141 0.24% 8,428 $-62,388 Up ×3
Unknown issuer (CUSIP: 92647K309) $7,877,422 0.24% 357,090 $281,574 Down ×2
Unknown issuer (CUSIP: 921908604) $7,697,692 0.24% 244,448 $-1,101,812 Down ×6
Unknown issuer (CUSIP: 38144N593) $7,570,369 0.23% 416,641 $335,876 Down ×3
FLEX Flex Ltd. - Ordinary Shares $7,551,327 0.23% 46,593 $4,416,448 Down ×1
DELL Dell Technologies Inc. Class C Common Stock $7,106,146 0.22% 16,470 $3,924,322 Down ×1
SMCO Hilton Small-MidCap Opportunity ETF $7,079,098 0.22% 228,358 $3,061,025 Up ×6
AVLV AMERICAN CENTURY ETF TRUST $6,954,580 0.21% 76,248 $6,495,668 Up ×1
ORCL Oracle Corporation Common Stock $6,809,885 0.21% 46,468 $144,626 Up ×3
IJH iShares Trust $6,790,615 0.21% 88,064 $830,890 Down ×1
CVX Chevron Corporation Common Stock $6,789,032 0.21% 40,957 $-2,604,641 Down ×1
IBM International Business Machines Corporation Common Stock $6,701,234 0.21% 23,830 $817,217 Down ×1
PNC PNC Financial Services Group, Inc. (The) Common Stock $6,643,754 0.20% 26,983 $1,065,902 Up ×3
VZ Verizon Communications Inc. Common Stock $6,606,056 0.20% 156,024 $-1,048,189 Up ×2
QQQ Invesco QQQ Trust, Series 1 $6,465,592 0.20% 8,780 $2,287,386 Up ×6
NFLX Netflix, Inc. - Common Stock $6,426,499 0.20% 90,007 $-3,315,899 Down ×1
VXF Vanguard Extended Market ETF $6,381,763 0.20% 25,920 $4,591,921 Up ×5
BAC Bank of America Corporation Common Stock $6,234,238 0.19% 109,411 $939,208 Up ×1
Unknown issuer (CUSIP: 315911750) $6,234,029 0.19% 23,864 $2,294,941 Up ×1
PWR Quanta Services, Inc. Common Stock $6,152,021 0.19% 8,544 $922,606 Down ×6
TJX TJX Companies, Inc. (The) Common Stock $6,118,782 0.19% 40,388 $-457,344 Down ×2
WMT Walmart Inc. - Common Stock $6,043,440 0.19% 53,359 $-930,780 Down ×2
PM Philip Morris International Inc Common Stock $5,823,131 0.18% 32,188 $554,407 Up ×3
AMD Advanced Micro Devices, Inc. - Common Stock $5,802,129 0.18% 9,988 $4,391,342 Up ×1
RTX RTX Corporation Common Stock $5,734,778 0.18% 30,226 $127,175 Up ×3
MS Morgan Stanley Common Stock $5,662,893 0.17% 27,090 $1,541,402 Up ×3
IWM iShares Russell 2000 Index Fund $5,394,880 0.17% 17,956 $907,568 Down ×1
AMGN Amgen Inc. - Common Stock $5,284,055 0.16% 14,592 $201,582 Up ×1
ANET Arista Networks, Inc. Common Stock $5,178,961 0.16% 30,486 $1,643,634 Up ×3
CAT Caterpillar, Inc. Common Stock $4,979,472 0.15% 4,676 $2,031,570 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
None $227,566,306 7.02% up ×3
None $82,091,854 2.53% up ×6
None $74,547,583 2.30% up ×3
IVV $47,983,628 1.48% up ×6
DUHP $44,987,652 1.39% up ×4
None $35,727,912 1.10% up ×6
None $29,684,542 0.92% up ×5
None $25,706,225 0.79% up ×4
VSLU $20,751,362 0.64% up ×6
None $17,284,239 0.53% up ×6
LLY $17,090,678 0.53% up ×3
JPM $16,247,351 0.50% up ×3
None $11,306,440 0.35% up ×6
V $11,201,545 0.35% up ×4
EFA $10,873,223 0.34% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
CGGR $9,828,503 208,231 0.30%
DGRO $2,555,638 33,720 0.08%
Unknown issuer (CUSIP: 40171W629) $2,467,816 33,525 0.08%
QQQM $2,435,878 8,040 0.08%
RF $1,797,202 59,510 0.06%
JTEK $1,315,751 11,795 0.04%
WDC $1,000,235 1,566 0.03%
DVN $751,693 18,192 0.02%
Unknown issuer (CUSIP: 922018304) $674,682 7,640 0.02%
Unknown issuer (CUSIP: 15675D103) $643,552 2,912 0.02%
SNDK $600,264 264 0.02%
DOCN $597,499 3,805 0.02%
NSP $595,153 14,407 0.02%
WSC $578,960 20,061 0.02%
FLS $497,687 6,711 0.02%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
· Bought more +3K +$31.0M
MU Trimmed -447 +$12.3M
· Bought more +26K +$12.0M
· Bought more +18K +$11.8M
· Trimmed -9K +$11.1M
· Trimmed -36K +$10.1M
NVDA Bought more +7K +$9.9M
· Bought more +50K +$9.8M
SOXX Bought more +657 +$9.1M
IVV Bought more +4K +$8.9M

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
VTIP Sept. 30, 2025 110,693 $5,564,537
ARE Dec. 31, 2025 16,795 $1,399,694 -6.2%
PAYX June 30, 2025 6,234 $961,781 -30.6%
DEO March 31, 2026 11,082 $956,043 13.9%
PRIM June 30, 2026 6,561 $938,485 -14.3%
CM Sept. 30, 2025 12,543 $888,420 39.7%
CE Sept. 30, 2025 16,016 $886,164 6.6%
DFS June 30, 2025 4,891 $834,893 No longer tracked
DDOG June 30, 2025 8,363 $829,692 107.1%
JEF June 30, 2025 15,414 $825,727 -17.8%
KVUE Dec. 31, 2025 49,926 $810,298 2.0%
FCOB March 31, 2026 40,103 $802,060 No longer tracked
CTRA June 30, 2026 21,939 $770,936 No longer tracked
FKYS Sept. 30, 2025 41,994 $644,607 No longer tracked
KD March 31, 2026 24,233 $643,628 -12.5%
WDAY March 31, 2026 2,873 $617,062 43.6%
VST Dec. 31, 2025 2,719 $532,706 -0.5%
CYBR March 31, 2026 1,082 $482,636 No longer tracked
VHT June 30, 2026 1,771 $482,296
UL (filed as ULXXXX) Dec. 31, 2025 7,824 $463,806 -7.0%
LULU March 31, 2026 2,216 $460,506 -38.9%
NVO March 31, 2026 9,045 $460,209 2.1%
MCO Dec. 31, 2025 964 $459,326 -11.5%
ON June 30, 2026 7,178 $444,461 -8.7%
DBRG June 30, 2026 27,622 $425,931 No longer tracked
FIS Dec. 31, 2025 6,239 $411,399 -49.7%
BDX June 30, 2025 1,738 $398,106 33.1%
IR Sept. 30, 2025 4,733 $393,690 -4.1%
GRMN June 30, 2026 1,672 $387,920 17.5%
OKE Sept. 30, 2025 4,735 $386,518 22.3%
EMYB Dec. 31, 2025 21,593 $374,638 No longer tracked
PFF Dec. 31, 2025 11,827 $373,969
PKBK March 31, 2026 14,272 $357,370 15.4%
CNQ June 30, 2026 7,138 $347,834 21.8%
MDLZ Sept. 30, 2025 5,132 $346,102 -4.6%
RDDT March 31, 2026 1,493 $343,195 10.6%
BP June 30, 2026 7,209 $338,823 21.8%
USMV June 30, 2025 3,609 $337,910
MTCH March 31, 2026 10,432 $336,848 32.3%
SHOP June 30, 2026 2,836 $336,406 44.0%
CRL June 30, 2025 2,228 $335,357 101.0%
CNC Sept. 30, 2025 6,155 $334,093 81.1%
COLD Dec. 31, 2025 27,138 $332,168 7.8%
LYB June 30, 2026 4,106 $330,779 11.9%
ANSS Sept. 30, 2025 939 $329,794 No longer tracked
AKAM June 30, 2025 4,081 $328,520 36.2%
ELF June 30, 2025 5,153 $323,556 -17.4%
COO June 30, 2025 3,791 $319,770 -20.7%
ING March 31, 2026 11,176 $312,928 34.0%
JBHT June 30, 2025 2,093 $309,659 57.3%
TSCO Dec. 31, 2025 5,217 $296,690 -35.4%
OWL June 30, 2025 14,762 $295,830 -52.8%
UNFI June 30, 2026 6,560 $295,593 -3.0%
HP June 30, 2025 11,277 $294,554 161.3%
AJG June 30, 2026 1,350 $292,383 0.1%
AL Dec. 31, 2025 4,578 $291,389 No longer tracked
TMHC March 31, 2026 4,888 $287,756 No longer tracked
AEM June 30, 2026 1,400 $284,172 19.9%
EXAS March 31, 2026 2,738 $278,071 No longer tracked
PYPL Dec. 31, 2025 4,135 $277,292 -6.5%
GSK June 30, 2026 4,958 $273,632 -11.1%
XYL June 30, 2026 2,205 $263,497 -11.5%
KT Dec. 31, 2025 13,508 $263,406 0.2%
BFAM Sept. 30, 2025 2,123 $262,381 -38.8%
LEN Dec. 31, 2025 2,064 $260,146 -24.7%
TECK Sept. 30, 2025 6,419 $259,198 52.9%
OMC Dec. 31, 2025 3,170 $258,449 -7.0%
SMPL Dec. 31, 2025 10,401 $258,152 -50.4%
ADSK Dec. 31, 2025 812 $257,948 -21.9%
ON Dec. 31, 2025 5,227 $257,743 59.4%
AN March 31, 2026 1,248 $257,686 -19.0%
BITB March 31, 2026 5,411 $257,347
EXP Dec. 31, 2025 1,102 $256,809 -17.0%
FOUR March 31, 2026 4,045 $254,713 -12.0%
FLUT March 31, 2026 1,183 $254,391 -25.2%
MKCV March 31, 2026 3,735 $254,017 No longer tracked
PHG June 30, 2026 9,233 $252,984 -11.2%
RBGLY March 31, 2026 15,535 $251,977 No longer tracked
SW June 30, 2025 5,587 $251,750 -1.8%
GATX June 30, 2025 1,613 $250,450 11.3%
NRG June 30, 2025 2,623 $250,391 -35.5%
WTKWY Dec. 31, 2025 1,808 $246,750 No longer tracked
OWL March 31, 2026 16,312 $243,701 -0.7%
MDB June 30, 2025 1,356 $237,841 71.8%
FANUY June 30, 2026 13,881 $231,313 No longer tracked
REXR June 30, 2025 5,866 $229,653 3.5%
TTD March 31, 2026 6,045 $229,468 -47.5%
NWG Dec. 31, 2025 15,984 $226,173 1.0%
LEN June 30, 2025 1,959 $224,853 -30.0%
EMN June 30, 2025 2,546 $224,327 -14.1%
HUBS June 30, 2026 915 $223,351 18.9%
SAP Dec. 31, 2025 835 $223,119 -13.4%
EXPE March 31, 2026 786 $222,680 12.6%
SGAPY June 30, 2026 5,812 $222,541 No longer tracked
WHR Dec. 31, 2025 2,800 $220,080 -58.2%
BXP June 30, 2025 3,246 $218,097 -11.4%
CCK June 30, 2025 2,440 $217,794 4.6%
DTEGY Dec. 31, 2025 6,380 $217,475 No longer tracked
CCL June 30, 2026 8,375 $216,745 -7.0%
OZ June 30, 2026 4,060 $215,992 No longer tracked
CEG March 31, 2026 611 $215,847 7.6%
TAP Sept. 30, 2025 4,480 $215,443 -18.4%
SEZL Sept. 30, 2025 1,200 $215,100 41.9%
TYL Dec. 31, 2025 411 $215,018 -27.1%
TTEK March 31, 2026 6,408 $214,924 10.8%
NTDOY Sept. 30, 2025 8,942 $214,813 No longer tracked
BLDR June 30, 2025 1,716 $214,396 -51.8%
CHKP March 31, 2026 1,154 $214,136 -7.6%
REXR March 31, 2026 5,496 $212,805 12.4%
ARGX March 31, 2026 252 $211,918 27.4%
TEAM Dec. 31, 2025 1,324 $211,442 19.6%
BRO March 31, 2026 2,645 $210,806 -6.5%
BDX Dec. 31, 2025 1,124 $210,379 18.2%
SWKS Dec. 31, 2025 2,717 $209,154 30.6%
CTSH Sept. 30, 2025 2,675 $208,729 -14.7%
FJTSY Sept. 30, 2025 8,572 $208,598 No longer tracked
JMHLY June 30, 2026 2,928 $208,327 No longer tracked
BR June 30, 2026 1,281 $208,136 15.9%
SMG Sept. 30, 2025 3,149 $207,707 -11.3%
NSP Dec. 31, 2025 4,207 $206,984 19.9%
LNG June 30, 2026 729 $206,861 15.2%
VFH March 31, 2026 1,544 $206,108
HST Dec. 31, 2025 12,095 $205,856 26.8%
EXR March 31, 2026 1,575 $205,096 2.1%
NTES Dec. 31, 2025 1,349 $205,034 -13.5%
RELX June 30, 2026 6,183 $204,966 7.5%
ARCC Sept. 30, 2025 9,331 $204,908 -8.7%
ARW Sept. 30, 2025 1,608 $204,906 98.7%
CF Sept. 30, 2025 2,221 $204,332 29.3%
MELI Sept. 30, 2025 78 $203,863 -20.5%
ASH June 30, 2025 3,438 $203,838 41.1%
FTV Sept. 30, 2025 3,891 $202,837 18.2%
GPN June 30, 2025 2,066 $202,301 2.2%
VOT March 31, 2026 724 $202,097
CI June 30, 2026 755 $201,396 -0.5%
QGEN (filed as QGENXXXX) Sept. 30, 2025 4,190 $201,370 2.2%
AVY June 30, 2025 1,127 $200,571 -4.0%
TW Dec. 31, 2025 1,806 $200,429 0.0%
GPK March 31, 2026 13,142 $197,918 -13.4%
RKLB (filed as RKLBXXXX) June 30, 2025 10,820 $193,461 109.8%
AEG March 31, 2026 25,000 $192,750 16.8%
ENLAY Sept. 30, 2025 15,366 $145,315 No longer tracked
MRAAY Dec. 31, 2025 14,342 $136,707 No longer tracked
GRAB June 30, 2025 18,586 $84,194 -39.0%
NEO Dec. 31, 2025 10,895 $84,109 40.3%
FMST Sept. 30, 2025 20,000 $66,200 -83.1%
WIT June 30, 2025 12,486 $38,207 -44.4%
RIG Sept. 30, 2025 14,093 $36,500 73.1%
EGFEY March 31, 2026 17,751 $36,264 No longer tracked
LCID (filed as LCIDXXXX) Sept. 30, 2025 16,338 $34,473 -82.5%
LU June 30, 2026 14,568 $27,242 -23.5%