Sector breakdown

04
Industrials 14.6%
Technology 11.7%
Healthcare 11.4%
Energy 7.7%
Financials 5.0%
Retail 3.7%
Utilities 1.5%
Consumer Discretionary 1.3%
Consumer Staples 1.2%
Consumer products 1.2%
Communication Services 0.5%
Materials 0.4%
Real Estate 0.1%
Other/Unmapped 39.8%

Full portfolio 266 positions

05
Type Streak 8Q trend
CAH Cardinal Health, Inc. Common Stock $76,777,103 8.10% 55 $50,203,346 Down ×1
HEI Heico Corporation Common Stock $42,793,476 4.51% 250 Up ×1
SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF $36,033,146 3.80% 150 Up ×1
UPS United Parcel Service, Inc. Common Stock $30,720,624 3.24% 511 Up ×1
EFA iShares Trust $30,004,502 3.16% 9,032 $28,948,699 Down ×2
MU Micron Technology, Inc. - Common Stock $28,342,263 2.99% 3,231 $26,477,386 Down ×2
EC Ecopetrol S.A. American Depositary Shares $27,884,004 2.94% 2,200 Up ×1
DT Dynatrace, Inc. Common Stock $26,728,144 2.82% 79 Up ×1
EWJ iShares MSCI Japan Index Fund $24,780,253 2.61% 265,683 $2,324,279 Down ×5
IJS iShares S&P SmallCap 600 Value ETF $23,101,359 2.44% 9,469 $21,968,503 Down ×2
FERG Ferguson Enterprises Inc. Common Stock $21,229,199 2.24% 18 Up ×1
VRNS Varonis Systems, Inc. - Common Stock $20,871,276 2.20% 125 Up ×1
VTV Vanguard Morningstar Value ETF $19,096,284 2.01% 20,282 $15,092,823 Down ×2
BABA Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share $18,050,575 1.90% 188,066 $-3,464,686 Up ×2
SIZE iShares Trust $16,961,599 1.79% 20 Up ×1
ITRI Itron, Inc. - Common Stock $16,850,717 1.78% 396 Up ×1
IWD iShares Russell 1000 Value ETF $16,205,980 1.71% 9,348 $14,188,935 Down ×2
IJR iShares Trust $15,904,015 1.68% 155,764 $-2,623,396 Up ×1
DTM DT Midstream, Inc. Common Stock $13,699,152 1.44% 1,275 Up ×1
WDEF WisdomTree Europe Defense Fund $13,007,854 1.37% 1,497 Up ×1
PBR Petroleo Brasileiro S.A. Petrobras ADS $12,747,778 1.34% 1,500 Up ×1
NOW ServiceNow, Inc. Common Stock $12,626,376 1.33% 2,053 Up ×1
HD Home Depot, Inc. (The) Common Stock $12,447,816 1.31% 200 $10,582,939 Down ×1
OGN Organon & Co. Common Stock $12,304,334 1.30% 1,267 Up ×1
AAXJ iShares MSCI All Country Asia ex Japan ETF $12,061,876 1.27% 101,080 $2,328,883
SHY iShares 1-3 Year Treasury Bond ETF $11,937,222 1.26% 10,936 $11,547,987 Up ×2
KKR KKR & Co. Inc. Common Stock $11,728,843 1.24% 790 Up ×1
EPD Enterprise Products Partners L.P. Common Stock $11,462,267 1.21% 69,550 $9,475,667 Up ×1
MTUM iShares Trust $10,691,471 1.13% 123 Up ×1
VOO Vanguard S&P 500 ETF $10,562,727 1.11% 1,416 $9,750,059 Up ×1
MS Morgan Stanley Common Stock $10,152,914 1.07% 440 Up ×1
IEV iShares Europe ETF $9,702,904 1.02% 2,383 $9,431,451 Down ×3
CWEN Clearway Energy, Inc. Class C Common Stock $9,521,647 1.00% 50 Up ×1
ARCC Ares Capital Corporation - Closed End Fund $9,391,418 0.99% 3,065 Up ×1
PGR Progressive Corporation (The) Common Stock $8,780,961 0.93% 100 Up ×1
BUD Anheuser-Busch Inbev SA Sponsored ADR (Belgium) $7,956,550 0.84% 2,760 $7,080,407 Down ×3
KMB Kimberly-Clark Corporation - Common Stock $7,877,196 0.83% 77 Up ×1
WBX Wallbox N.V. Class A Ordinary Shares $7,508,748 0.79% 3,350 $1,957,468 Down ×1
CTA Simplify Exchange Traded Funds $7,148,832 0.75% 815 Up ×1
IBIT iShares Bitcoin Trust ETF $7,139,093 0.75% 61,914 $4,794,167 Up ×6
CGC Canopy Growth Corporation - Common Shares $6,659,693 0.70% 27 Up ×1
VXF Vanguard Extended Market ETF $6,571,362 0.69% 7,298 $5,057,703 Down ×2
VBR Vanguard Morningstar Small-Cap Value ETF $6,464,034 0.68% 3,728 $5,387,995 Down ×2
MLI Mueller Industries, Inc. Common Stock $6,427,702 0.68% 44 Up ×1
NMB Simplify National Muni Bond ETF $6,371,726 0.67% 1,070 Up ×1
KMI Kinder Morgan, Inc. Common Stock $6,323,074 0.67% 2,775 Up ×1
VSS Vanguard FTSE All-Wld ex-US SmCp Idx ETF $5,827,409 0.61% 29,016 $2,072,150 Up ×1
NTLA Intellia Therapeutics, Inc. - Common Stock $5,815,143 0.61% 130 Up ×1
PH Parker-Hannifin Corporation Common Stock $5,332,179 0.56% 24 $-7,244,826 Down ×1
SYNA Synaptics Incorporated - Common Stock $4,948,960 0.52% 30 Up ×1
PHIN PHINIA Inc. Common Stock $4,886,924 0.52% 474 Up ×1
IHE iShares U.S. Pharmaceutical ETF $4,727,055 0.50% 270 $3,235,755 Down ×1
Unknown issuer (CUSIP: 77926X320) $4,534,345 0.48% 1,311 Up ×1
VXUS Vanguard Total International Stock ETF $4,476,879 0.47% 109,854 $-3,090,002 Up ×1
VUG Vanguard Morningstar Growth ETF $4,420,056 0.47% 76,287 $-1,161,247 Up ×1
IREN IREN Limited - Ordinary Shares $4,325,692 0.46% 30 Up ×1
FICO Fair Isaac Corporation Common Stock $3,845,348 0.41% 200 $3,631,840
NEE NextEra Energy, Inc. Common Stock $3,729,511 0.39% 30 Up ×1
XLF SELECT SECTOR SPDR TRUST $3,500,480 0.37% 28,912 $1,829,898 Down ×2
VNQ Vanguard Real Estate ETF $3,359,210 0.35% 1,235 $3,008,135 Down ×2
CALY Callaway Golf Company Common Stock $3,189,688 0.34% 760 Up ×1
UDN Invesco DB USD Index Bearish ETF $2,993,732 0.32% 242,200 $-1,365,868
CVCO Cavco Industries, Inc. - Common Stock $2,790,027 0.29% 10 Up ×1
BWXT BWX Technologies, Inc. Common Stock $2,601,346 0.27% 125 Up ×1
JEPQ JPMorgan Nasdaq Equity Premium Income ETF $2,580,006 0.27% 740 Up ×1
OPENZ Opendoor Technologies Inc - Series Z Warrants, each whole warrant exercisable to purchase one share of Common Stock at an exercise price of $17.00 per warrant $2,556,658 0.27% 83 Up ×1
XHS SPDR SERIES TRUST $2,408,882 0.25% 75 Up ×1
DHR Danaher Corporation Common Stock $2,373,030 0.25% 520
PEP PepsiCo, Inc. - Common Stock $2,360,199 0.25% 64,852 $-7,679,610 Up ×1
ZM Zoom Communications, Inc. - Class A Common Stock $2,322,410 0.24% 526 Up ×1
IAU iShares Gold Trust Shares $2,318,215 0.24% 94,545 $-5,598,994 Up ×1
IWM iShares Russell 2000 Index Fund $2,266,236 0.24% 253 Up ×1
EZU iShares MSCI Eurozone ETF $2,209,545 0.23% 1,681 Up ×1
AG First Majestic Silver Corp. Ordinary Shares (Canada) $2,104,120 0.22% 2,010 Up ×1
IGE iShares North American Natural Resources ETF $2,061,117 0.22% 8,588 $1,513,665 Down ×2
JPIE JPMorgan Income ETF $2,056,593 0.22% 4,480 Up ×1
WBD Warner Bros. Discovery, Inc. - Series A Common Stock $1,879,790 0.20% 36,848
QUAL iShares Trust $1,851,292 0.20% 575 Up ×1
WTAI WisdomTree Trust $1,796,841 0.19% 10 Up ×1
CIBR First Trust NASDAQ Cybersecurity ETF $1,781,852 0.19% 6,641 $1,357,571 Down ×1
GLD SPDR Gold Shares $1,734,973 0.18% 6,293 $-1,012,429 Down ×1
MSDL Morgan Stanley Direct Lending Fund Common Stock $1,696,451 0.18% 2,900 Up ×1
CPNG Coupang, Inc. Class A Common Stock $1,585,447 0.17% 91,275 $64,946 Up ×2
XLI SELECT SECTOR SPDR TRUST $1,549,972 0.16% 55 Up ×1
BRKR Bruker Corporation - Common Stock $1,539,030 0.16% 10 Up ×1
BXSL Blackstone Secured Lending Fund Common Shares of Beneficial Interest $1,531,860 0.16% 71,550 $-163,160
EEM iShares, Inc. $1,491,812 0.16% 13,900 $702,431
FEZ SPDR INDEX SHARES FUNDS $1,484,750 0.16% 141,277 $-8,216,926 Down ×2
REGN Regeneron Pharmaceuticals, Inc. - Common Stock $1,445,058 0.15% 18 Up ×1
UMC United Microelectronics Corporation (NEW) Common Stock $1,414,439 0.15% 1,370 Up ×1
TM Toyota Motor Corporation Common Stock $1,378,518 0.15% 8,185 $-308,329
Unknown issuer (CUSIP: 88160R901) $1,372,370 0.14% 250 Up ×1
SYM Symbotic Inc. - Class A Common Stock $1,353,000 0.14% 150 Up ×1
EPP iShares, Inc. $1,331,500 0.14% 25,000 $3,000
ITA iShares U.S. Aerospace & Defense ETF $1,294,223 0.14% 870 Up ×1
PTC PTC Inc. - Common Stock $1,290,137 0.14% 18 Up ×1
LULU lululemon athletica inc. - Common Stock $1,226,270 0.13% 140 Up ×1
IYH iShares U.S. Healthcare ETF $1,171,280 0.12% 2,800 $-4,414,164 Down ×1
NAD Nuveen Quality Municipal Income Fund Common Stock $1,156,915 0.12% 525,720 $-4,394,365 Up ×1
PCT PureCycle Technologies, Inc. - Common stock $1,148,875 0.12% 2,000 $818,493 Down ×2

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
IBIT $7,139,093 0.75% up ×6
INDA $533,313 0.06% up ×3
PG $16,220 0.00% up ×6
MSFT $11,345 0.00% up ×3
NFLX $788 0.00% up ×3
XLE $254 0.00% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
HEI $42,793,476 250 4.51%
SPYD $36,033,146 150 3.80%
UPS $30,720,624 511 3.24%
EC $27,884,004 2,200 2.94%
DT $26,728,144 79 2.82%
FERG $21,229,199 18 2.24%
VRNS $20,871,276 125 2.20%
SIZE $16,961,599 20 1.79%
ITRI $16,850,717 396 1.78%
DTM $13,699,152 1,275 1.44%
WDEF $13,007,854 1,497 1.37%
PBR $12,747,778 1,500 1.34%
NOW $12,626,376 2,053 1.33%
OGN $12,304,334 1,267 1.30%
KKR $11,728,843 790 1.24%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
CAH Trimmed -276K +$50.2M
VTV Trimmed -123 +$15.1M

38 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
CRWD June 30, 2026 122,060 $35,099,684 41.5%
CNM June 30, 2026 87,162 $31,045,313 -14.6%
NDAQ June 30, 2026 82,824 $30,789,822 14.9%
WTW June 30, 2026 191,120 $26,445,274 9.1%
CAT June 30, 2026 500,940 $20,864,151 -20.6%
ARKK June 30, 2026 149,042 $18,527,411
HOOD June 30, 2026 166,105 $15,970,996 14.1%
BBH June 30, 2026 21,640 $14,135,464
ARKG June 30, 2026 186,809 $12,615,212
BLK June 30, 2026 57,167 $11,827,885 10.0%
AMZN March 31, 2026 224,512 $11,400,000 20.9%
IBKR June 30, 2026 60,627 $10,573,349 1.3%
CRM June 30, 2026 35,225 $10,104,644 47.8%
TEVA June 30, 2026 101,080 $9,732,993 17.0%
GEHC June 30, 2026 79,014 $9,504,594 0.7%
FXU June 30, 2026 15,276 $9,421,626
UL (filed as ULXXXX) Dec. 31, 2025 134,665 $7,982,941 -8.7%
XOM June 30, 2026 45,954 $7,796,556 19.4%
VGSH June 30, 2026 403,990 $7,736,409
HPQ June 30, 2026 137,138 $7,243,629 44.2%
DLR June 30, 2026 24,129 $7,097,787 -0.8%
ACN June 30, 2026 317,500 $6,877,050 58.5%
OIH June 30, 2026 12,778 $5,581,303 5.8%
BAB June 30, 2026 63,562 $4,773,506
PUI June 30, 2026 65,905 $4,037,340
NLR June 30, 2026 20,405 $4,003,461 -8.8%
DIA June 30, 2026 8,094 $3,749,060
FXF June 30, 2026 6,385 $2,747,402
JEPI Sept. 30, 2025 46,630 $2,651,000
DVY June 30, 2026 45,680 $2,589,142
QBTS June 30, 2026 114,600 $2,211,780 No longer tracked
VIG June 30, 2026 8,943 $2,173,864
CGBD June 30, 2026 40,600 $2,029,594 1.6%
PYPL June 30, 2026 52,500 $1,986,600 24.1%
FXE June 30, 2026 20,351 $1,867,611
BIIB June 30, 2026 23,915 $1,855,565 2.5%
LDOS June 30, 2026 11,611 $1,698,457 14.2%
SONY June 30, 2026 8,185 $1,686,847 17.0%
AIQ June 30, 2026 131,000 $1,676,800
OKLO June 30, 2026 5,429 $1,640,861 -30.4%
V June 30, 2026 5,429 $1,640,861 6.4%
XLV June 30, 2026 26,975 $1,636,034 4.8%
PAVE June 30, 2026 7,355 $1,513,659
MRNA June 30, 2026 100,000 $1,340,000 170.5%
F March 31, 2026 100,000 $1,312,000 4.9%
TV March 31, 2026 447,000 $1,300,770 -20.8%
OBDC March 31, 2026 101,985 $1,267,674 -6.6%
ISRG June 30, 2026 7,391 $1,184,925 0.2%
PANW June 30, 2026 7,391 $1,184,925 18.4%
EQNR June 30, 2026 1,922 $1,161,638 34.0%
LMT June 30, 2026 1,922 $1,161,638 -0.7%
MMM March 31, 2026 7,200 $1,152,720 10.6%
ARKW June 30, 2026 9,564 $1,132,856
IYK June 30, 2026 4,953 $1,076,039 -2.4%
SBUX Dec. 31, 2025 12,255 $1,036,773 11.3%
CHAT June 30, 2026 8,000 $1,024,960
IWP June 30, 2026 8,000 $1,024,960 -3.7%
LTRX June 30, 2026 7,820 $1,007,060 21.4%
QCOM June 30, 2026 7,820 $1,007,060 -1.2%
SAP June 30, 2026 25,000 $991,750 35.8%
DELL June 30, 2026 5,500 $902,715 28.6%
AON June 30, 2026 12,630 $876,143 -18.9%
FXI June 30, 2026 8,405 $821,421 6.4%
KBWB June 30, 2026 1,360 $812,668
SLYV June 30, 2026 8,252 $780,474 -4.7%
IONQ June 30, 2026 5,067 $745,406 -19.2%
ORCL June 30, 2026 5,067 $745,406 -0.6%
PICK June 30, 2026 9,385 $735,878 5.1%
RACE June 30, 2026 20,000 $728,200 3.0%
WBD Dec. 31, 2025 37,252 $727,532 7.4%
SSYS June 30, 2026 2,126 $718,482 1.9%
BROS June 30, 2026 1,200 $686,532 -47.4%
DDS June 30, 2026 1,200 $686,532 No longer tracked
DHR Sept. 30, 2025 3,245 $641,000 9.2%
HON June 30, 2026 5,809 $628,824 -4.2%
NEM June 30, 2026 5,809 $628,824 22.6%
DVY Dec. 31, 2025 4,033 $573,089
A June 30, 2026 20,000 $562,200 26.7%
KRE Dec. 31, 2025 8,800 $557,040
EUAD June 30, 2026 7,076 $526,101
AGG June 30, 2026 5,200 $516,204
UBER June 30, 2026 6,500 $467,545 -3.7%
AVGO June 30, 2026 1,509 $467,051 -5.3%
IGPT June 30, 2026 13,710 $461,479 -0.9%
GS June 30, 2026 543 $459,373 -11.4%
MTBA June 30, 2026 9,110 $450,581
ONON June 30, 2026 12,500 $427,271 -11.6%
FISV June 30, 2026 6,365 $420,026 -7.1%
MO June 30, 2026 6,365 $420,026 -6.5%
MELI June 30, 2026 229 $395,946 7.1%
MUSA March 31, 2026 978 $394,643 2.7%
ABBV March 31, 2026 1,698 $387,976 21.0%
EQIX June 30, 2026 420 $386,303 -2.2%
LLY June 30, 2026 420 $386,303 -3.9%
TOST Dec. 31, 2025 10,000 $365,100 -13.5%
IYW June 30, 2026 1,935 $351,048 7.3%
MSI June 30, 2026 2,328 $349,200 8.7%
STZ June 30, 2026 2,328 $349,200 -19.6%
ASML June 30, 2026 255 $336,812 -7.1%
RIO June 30, 2026 255 $336,812 0.2%
WFC June 30, 2026 4,150 $330,382 -1.5%
ICLR June 30, 2026 6,700 $322,806 -6.4%
SNY June 30, 2026 6,700 $322,806 -7.6%
GWX June 30, 2026 7,296 $308,110
XLG March 31, 2026 5,100 $302,328
RSPU June 30, 2026 3,660 $300,047 -13.5%
XLP June 30, 2026 3,660 $300,047 No longer tracked
GLOB June 30, 2026 26,000 $293,281 23.5%
CNH June 30, 2026 7,840 $288,120 19.8%
CVS March 31, 2026 3,600 $285,696 20.5%
HYG Dec. 31, 2025 3,507 $284,733
IGF June 30, 2026 4,200 $281,400
YBTC June 30, 2026 4,200 $281,400
ETSY June 30, 2026 550 $274,813 -4.6%
MA June 30, 2026 550 $274,813 9.4%
PAAS June 30, 2026 2,313 $274,368 0.3%
SHOP June 30, 2026 2,313 $274,368 38.4%
IXJ June 30, 2026 2,902 $271,453 2.6%
ALLY June 30, 2026 6,600 $258,918 -17.2%
DHR March 31, 2026 1,130 $258,680 14.2%
IBB June 30, 2025 1,959 $251,000 61.8%
HAS June 30, 2025 3,950 $243,000 22.2%
LMAT June 30, 2026 441 $242,118 -16.5%
PWR June 30, 2026 441 $242,118 -5.9%
PFF March 31, 2026 7,400 $229,104
BLSH June 30, 2026 327 $222,726 48.3%
CW June 30, 2026 327 $222,726 -27.6%
SHY Sept. 30, 2025 2,677 $222,000
AIV June 30, 2026 405 $217,898 -35.9%
CMI June 30, 2026 405 $217,898 -26.5%
TUA June 30, 2025 9,450 $208,000
APP June 30, 2026 1,545 $203,940 -45.2%
COP June 30, 2026 1,545 $203,940 21.7%
JQUA June 30, 2026 641 $200,133
VIS June 30, 2026 641 $200,133
ETHA June 30, 2026 11,085 $175,476
EWC June 30, 2026 11,085 $175,476
IGR June 30, 2025 30,800 $159,000 -97.3%
IRM June 30, 2026 11,350 $130,185 -10.5%
TELFY March 31, 2026 12,666 $51,297 No longer tracked