Sector breakdown

04
Financials 16.3%
Industrials 13.4%
Technology 7.3%
Consumer Staples 2.0%
Communication Services 1.8%
Retail 1.6%
Healthcare 1.1%
Real Estate 0.8%
Energy 0.7%
Consumer Discretionary 0.6%
Materials 0.1%
Other/Unmapped 54.1%

Full portfolio 189 positions

05
Type Streak 8Q trend
CINF Cincinnati Financial Corporation - Common Stock $18,004,310 6.83% 97,247 $2,703,281 Up ×3
VICR Vicor Corporation - Common Stock $13,141,907 4.99% 34,604 $7,410,307 Down ×1
SPY SPY $12,499,922 4.74% 16,739 $4,908,080 Up ×6
CBZ CBIZ, Inc. Common Stock $8,304,774 3.15% 258,877 $5,669,097 Up ×1
STEW SRH Total Return Fund, Inc. Common Stock $7,940,440 3.01% 443,600 $577,265 Up ×1
MINT PIMCO ETF Trust $7,146,706 2.71% 70,893 $-229,382 Down ×4
SHV iShares 0-1 Year Treasury Bond ETF $7,056,883 2.68% 63,950 $-806,749 Down ×5
SPXX Nuveen S&P 500 Dynamic Overwrite Fund $6,895,868 2.62% 369,950 $6,051,179 Up ×1
SSSS SuRo Capital Corp. - Closed End Fund $6,372,201 2.42% 508,150 $954,012 Up ×1
ADX Adams Diversified Equity Fund Inc. $6,006,422 2.28% 235,085 $-319,022 Down ×2
VCRB Vanguard Core Bond ETF $5,250,124 1.99% 67,978 $1,158,734 Up ×2
QQQ Invesco QQQ Trust, Series 1 $4,330,049 1.64% 5,880 $1,808,498 Up ×4
JPST J.P. Morgan Exchange-Traded Fund Trust $4,093,257 1.55% 80,942 $372,224 Up ×5
GBIL Goldman Sachs ETF Trust $3,986,368 1.51% 39,800 $-567,268 Down ×3
SPEPRC CUSIP: 84741T401 $3,880,978 1.47% 155,800 $322,342 Up ×6
NVDA NVIDIA Corporation - Common Stock $3,788,529 1.44% 18,934 $651,326 Up ×4
JAAA Janus Detroit Street Trust $3,683,246 1.40% 72,950 $-1,270,644 Down ×2
WATT Energous Corporation - Common Stock $3,270,800 1.24% 136,000 $1,450,760 Up ×1
WIW Western Asset Inflation-Linked Opportunities & Income Fund $3,205,860 1.22% 381,650 $2,383,548 Up ×1
USFR WisdomTree Trust $3,182,120 1.21% 63,200 $-492,700 Down ×2
VTI VANGUARD INDEX FUNDS $2,937,160 1.11% 7,937 $386,708 Down ×1
DYNF BlackRock ETF Trust $2,700,474 1.02% 39,707 $1,040,307 Up ×1
BN Brookfield Corporation Class A Limited Voting Shares $2,517,069 0.96% 59,100 $313,477 Up ×2
IVW iShares Trust $2,508,547 0.95% 18,240 $1,243,864 Up ×6
ACWX iShares MSCI ACWI ex U.S. ETF $2,400,662 0.91% 31,542 $1,475,838 Up ×1
MAMA Mama's Creations, Inc. - Common Stock $2,319,536 0.88% 129,946 $-306,442 Down ×1
SGOV iShares Trust $2,139,238 0.81% 21,250 $-140,711 Down ×1
FMB First Trust Managed Municipal ETF $1,974,452 0.75% 38,438 Up ×1
PRCH Porch Group, Inc. - Common Stock $1,955,546 0.74% 130,023 Up ×1
CORO iShares International Country Rotation Active ETF $1,884,058 0.72% 51,477 $706,551 Up ×1
HPE Hewlett Packard Enterprise Company Common Stock $1,861,554 0.71% 41,267 $879,725 Up ×5
AMZN Amazon.com, Inc. - Common Stock $1,860,316 0.71% 7,805 $272,194 Up ×6
TBIL F/m US Treasury 3 Month Bill Fund $1,834,848 0.70% 36,800 $-747,900 Down ×1
SOFI SoFi Technologies, Inc. - Common Stock $1,795,403 0.68% 100,134 $205,783 Up ×1
JPM JP Morgan Chase & Co. Common Stock $1,790,327 0.68% 5,469 $260,228 Up ×2
AGG iShares Trust $1,716,115 0.65% 17,338 $22,966 Up ×1
TPB Turning Point Brands, Inc. Common Stock $1,696,200 0.64% 20,000 Call option Up ×1
ZETA Zeta Global Holdings Corp. Class A Common Stock $1,672,800 0.63% 85,000 $319,600
AAPL Apple Inc. - Common Stock $1,628,602 0.62% 5,628 $310,383 Up ×4
SMTC Semtech Corporation - Common Stock $1,619,471 0.61% 10,006 Up ×1
VOO VANGUARD INDEX FUNDS $1,595,346 0.61% 2,323 $244,982 Up ×1
MINO PIMCO ETF Trust $1,563,940 0.59% 34,177 Up ×1
MEC Mayville Engineering Company, Inc. Common Stock $1,498,400 0.57% 40,000 Up ×1
IVV iShares Trust $1,493,019 0.57% 1,994 $721,654 Up ×2
MIN MFS Intermediate Income Trust Common Stock $1,484,964 0.56% 601,200 $1,419,704 Up ×1
IVE iShares Trust $1,478,161 0.56% 6,510 $466,964 Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $1,362,187 0.52% 2,722 $73,019 Up ×3
GOOGL Alphabet Inc. - Class A Common Stock $1,355,529 0.51% 3,793 $274,868 Up ×4
IJR iShares Trust $1,347,545 0.51% 9,086 $630,525 Up ×3
BIL SPDR SERIES TRUST $1,324,198 0.50% 14,450 $-366,560 Down ×5
AVGO Broadcom Inc. - Common Stock $1,294,613 0.49% 3,427 $278,205 Up ×2
GGZ Gabelli Global Small and Mid Cap Value Trust (The) Common Shares of Beneficial Interest $1,286,120 0.49% 79,000 $-20,620 Down ×2
SPMO Invesco Exchange-Traded Fund Trust II $1,278,428 0.49% 7,914 $575,162 Up ×3
RF Regions Financial Corporation Common Stock $1,278,306 0.49% 42,328 $173,117 Up ×3
WHRDL CUSIP: 963320205 $1,243,248 0.47% 35,400 Up ×1
STIP iShares Trust $1,241,346 0.47% 12,151 Up ×1
RRGB Red Robin Gourmet Burgers, Inc. - Common Stock $1,182,520 0.45% 148,000 $748,880
VGSH Vanguard Short-Term Treasury ETF $1,164,000 0.44% 20,000 $-328,770 Down ×5
VUSB VANGUARD BOND INDEX FUNDS $1,144,940 0.43% 23,000 $-74,793 Down ×1
GOOG Alphabet Inc. - Class C Capital Stock $1,134,542 0.43% 3,211 $276,909 Up ×3
CTRN Citi Trends, Inc. - Common Stock $1,098,960 0.42% 19,000 Up ×1
MSFT Microsoft Corporation - Common Stock $1,060,264 0.40% 2,842 $29,335 Up ×6
BLCR iShares Large Cap Core Active ETF $1,056,763 0.40% 20,980 $503,110 Up ×1
SHLD Global X Funds $1,055,315 0.40% 17,674 $417,897 Up ×2
RSP Invesco Exchange-Traded Fund Trust $1,013,424 0.38% 4,763 $754,908 Up ×1
XTEN BondBloxx ETF Trust $1,004,629 0.38% 22,041 $98,435 Up ×2
PSEC Prospect Capital Corporation - Closed End Fund $1,002,656 0.38% 434,050 $384,347 Up ×1
ABBV AbbVie Inc. Common Stock $994,349 0.38% 3,951 $147,339 Up ×4
WFC Wells Fargo & Company Common Stock $961,803 0.37% 11,638 $-150,663 Down ×1
GOVT iShares Trust $953,138 0.36% 41,841 $254,452 Up ×1
TCPC BlackRock TCP Capital Corp. - Closed End Fund $951,115 0.36% 283,070 $-49,649 Up ×1
MBB iShares MBS ETF $940,178 0.36% 9,947 $183,344 Up ×6
CVX Chevron Corporation Common Stock $928,753 0.35% 5,603 $-221,404 Up ×3
RTX RTX Corporation Common Stock $910,894 0.35% 4,801 $9,279 Up ×3
SJM The J.M. Smucker Company Common Stock $904,219 0.34% 8,038 $459,679 Up ×1
EVLV Evolv Technologies Holdings, Inc. - Class A Common Stock $899,000 0.34% 155,000 $-643,750 Down ×1
BAI iShares A.I. Innovation and Tech Active ETF $890,704 0.34% 16,895 $407,657 Up ×3
C Citigroup, Inc. Common Stock $874,421 0.33% 6,248 $171,820 Up ×3
SCHB SCHWAB STRATEGIC TRUST $844,665 0.32% 29,167 $114,506 Up ×1
THRO iShares U.S. Thematic Rotation Active ETF $838,533 0.32% 19,451 $257,818 Up ×2
ONDS Ondas Inc - Common Stock $824,000 0.31% 100,000 $-1,074,400 Down ×1
AVEM AMERICAN CENTURY ETF TRUST $815,437 0.31% 8,451 $254,278 Up ×2
GE GE Aerospace Common Stock $782,962 0.30% 2,095 $178,314 Down ×1
SPE Special Opportunities Fund, Inc Common Stock $772,828 0.29% 57,374 $-780,112 Down ×3
IGM iShares Trust $759,011 0.29% 4,640 $232,827 Up ×1
AVAV AeroVironment, Inc. - Common Stock $751,234 0.29% 4,551 Up ×1
WD Walker & Dunlop, Inc Common Stock $734,457 0.28% 13,427 $188,006 Up ×2
NXDT NexPoint Diversified Real Estate Trust Common Stock $713,667 0.27% 137,508 $54,034 Down ×3
PYPL PayPal Holdings, Inc. - Common Stock $709,559 0.27% 16,433 $-207,857 Down ×1
PNNT PennantPark Investment Corporation Common Stock $705,972 0.27% 203,450 $86,352 Up ×1
IALT iShares Systematic Alternatives Active ETF $699,876 0.27% 24,951 Up ×1
USMV iShares Trust $691,900 0.26% 7,173 $112,368 Up ×1
SMRT SmartRent, Inc. Class A Common Stock $689,036 0.26% 579,022 $-179,497
VSEC VSE Corporation - Common Stock $685,500 0.26% 3,000 $132,300
PYLD PIMCO Multisector Bond Active Exchange-Traded Fund $676,340 0.26% 25,503 Up ×1
CSCO Cisco Systems, Inc. - Common Stock $673,402 0.26% 5,733 $232,954 Up ×3
XTWO BondBloxx ETF Trust $660,825 0.25% 13,500 Up ×1
FLR Fluor Corporation Common Stock $657,495 0.25% 12,550 $72,037
CDNL Cardinal Infrastructure Group Inc. - Class A Common Stock $651,958 0.25% 6,921 $377,506
QCOM QUALCOMM Incorporated - Common Stock $647,874 0.25% 3,506 $61,152 Down ×1

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
CINF $18,004,310 6.83% up ×3
SPY $12,499,922 4.74% up ×6
QQQ $4,330,049 1.64% up ×4
JPST $4,093,257 1.55% up ×5
SPEPRC $3,880,978 1.47% up ×6
NVDA $3,788,529 1.44% up ×4
IVW $2,508,547 0.95% up ×6
HPE $1,861,554 0.71% up ×5
AMZN $1,860,316 0.71% up ×6
AAPL $1,628,602 0.62% up ×4
BRK-B (filed as BRKB) $1,362,187 0.52% up ×3
GOOGL $1,355,529 0.51% up ×4
IJR $1,347,545 0.51% up ×3
SPMO $1,278,428 0.49% up ×3
RF $1,278,306 0.49% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
FMB $1,974,452 38,438 0.75%
PRCH $1,955,546 130,023 0.74%
TPB $1,696,200 20,000 0.64%
SMTC $1,619,471 10,006 0.61%
MINO $1,563,940 34,177 0.59%
MEC $1,498,400 40,000 0.57%
WHRDL $1,243,248 35,400 0.47%
STIP $1,241,346 12,151 0.47%
CTRN $1,098,960 19,000 0.42%
AVAV $751,234 4,551 0.29%
IALT $699,876 24,951 0.27%
PYLD $676,340 25,503 0.26%
XTWO $660,825 13,500 0.25%
VPLS $622,623 8,026 0.24%
IJH $584,262 7,577 0.22%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VICR Trimmed -996 +$7.4M
CBZ Bought more +161K +$5.7M
SPY Bought more +5K +$4.9M
CINF Bought more +5 +$2.7M
WIW Bought more +284K +$2.4M
QQQ Bought more +2K +$1.8M
ACWX Bought more +18K +$1.5M
WATT Bought more +20K +$1.5M
JAAA Trimmed -25K -$1.3M
IVW Bought more +7K +$1.2M

3 positions 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
SQQQ June 30, 2026 60,000 $4,829,400
CVNA June 30, 2026 10,008 $3,146,439 -3.1%
INMB June 30, 2025 235,000 $1,835,350 -16.5%
NVDL Dec. 31, 2025 17,981 $1,683,396
BOOT Dec. 31, 2025 10,028 $1,661,840 -30.9%
BYRN Dec. 31, 2025 59,057 $1,308,703 -79.3%
GENI Dec. 31, 2025 105,000 $1,299,900 -45.4%
FNDX June 30, 2026 46,642 $1,298,980 2.9%
XTWY June 30, 2026 34,400 $1,293,096
TOI March 31, 2026 360,000 $1,281,600 No longer tracked
SPHY March 31, 2026 51,800 $1,226,106
RDDT Dec. 31, 2025 5,022 $1,155,010 -35.7%
QUAL June 30, 2026 5,112 $980,533
SCHX June 30, 2026 37,778 $968,628 3.2%
CONL Sept. 30, 2025 20,264 $934,778
EFV June 30, 2026 12,317 $915,759
OXLC June 30, 2026 90,300 $883,134 1.7%
FEIM Dec. 31, 2025 25,000 $847,750 59.8%
OXLC (filed as OXLCXXXX) Dec. 31, 2025 47,400 $802,482 -39.1%
PBPB Sept. 30, 2025 65,486 $802,204 No longer tracked
FIVE Dec. 31, 2025 5,002 $773,809 17.4%
BAM March 31, 2026 13,900 $728,221 0.9%
BV Sept. 30, 2025 43,500 $724,275 -23.3%
UVIX June 30, 2026 80,000 $692,800 -41.7%
BXMX March 31, 2026 46,000 $676,200 No longer tracked
FNDA June 30, 2026 20,110 $652,167 -6.6%
ARQ Dec. 31, 2025 88,968 $637,011 -40.7%
BW March 31, 2026 100,000 $634,000 -61.2%
XLG March 31, 2026 10,692 $633,822
HFRO Sept. 30, 2025 116,100 $603,720 7.6%
CRMD March 31, 2026 50,000 $581,500 5.9%
JBBB Dec. 31, 2025 12,000 $578,040
IREN Dec. 31, 2025 11,450 $537,349 10.6%
CELH June 30, 2026 15,006 $532,413 -8.6%
T June 30, 2026 18,013 $522,197 17.4%
ETH Dec. 31, 2025 30,000 $509,800 -9.3%
SCHA June 30, 2026 17,235 $501,194 -8.3%
VTV Sept. 30, 2025 2,825 $499,343
ULST March 31, 2026 12,000 $486,060
FNDF June 30, 2026 9,761 $477,606
USHY Dec. 31, 2025 12,000 $453,360
AMDL Sept. 30, 2025 50,000 $425,500
IWM June 30, 2025 2,042 $407,437 30.7%
EFG Dec. 31, 2025 3,295 $375,235
MNR March 31, 2026 33,800 $373,152 -26.5%
GNT June 30, 2026 44,000 $367,400 4.2%
WHR June 30, 2026 6,300 $339,696 -23.1%
TIC Dec. 31, 2025 25,000 $332,750 -18.3%
HD March 31, 2026 876 $301,432 -14.0%
BCIC June 30, 2026 39,700 $298,544 -5.4%
BSV June 30, 2025 3,339 $261,377
MYD March 31, 2026 24,000 $251,760 No longer tracked
AIRS Dec. 31, 2025 30,000 $240,600 -10.6%
IBIT March 31, 2026 4,738 $235,242
MO Dec. 31, 2025 3,530 $233,192 16.8%
HON Sept. 30, 2025 990 $230,551 7.9%
TSLA March 31, 2026 499 $224,410 -0.3%
SHY Dec. 31, 2025 2,704 $224,324
XOM June 30, 2026 1,306 $221,566 20.0%
UNH June 30, 2025 422 $221,023 19.2%
TTD Sept. 30, 2025 3,040 $218,850 -75.6%
CCIF June 30, 2026 68,000 $218,280 -12.2%
VBR Dec. 31, 2025 1,012 $211,215
BTMD Sept. 30, 2025 50,000 $201,000 -61.7%
LPTH Dec. 31, 2025 25,000 $198,250 2.2%
CDNA Sept. 30, 2025 10,000 $195,400 361.8%
STIM Sept. 30, 2025 47,172 $164,630 -20.9%
WHF March 31, 2026 19,100 $132,745 -5.7%
AESI Dec. 31, 2025 11,200 $127,344 27.8%
EQC June 30, 2025 69,260 $111,509 No longer tracked
SUNS Sept. 30, 2025 10,000 $106,000 -40.3%
WIW Sept. 30, 2025 11,500 $100,740 -10.1%
LUCK Sept. 30, 2025 10,001 $91,306 -48.3%
NXDR June 30, 2026 59,000 $82,600 7.5%
VUZI Dec. 31, 2025 22,508 $70,450 -21.2%
GDRX Dec. 31, 2025 10,000 $42,300 21.0%
YYAI June 30, 2026 18,000 $15,044 -99.3%
EONR March 31, 2026 20,000 $7,682 No longer tracked