Sector breakdown

04
Technology 10.3%
Industrials 7.9%
Healthcare 5.6%
Financials 5.4%
Communication Services 3.2%
Retail 3.1%
Consumer products 2.5%
Materials 1.9%
Consumer Discretionary 1.8%
Energy 1.8%
Real Estate 0.8%
Utilities 0.6%
Consumer Staples 0.4%
Other/Unmapped 54.6%

Full portfolio 238 positions

05
Type Streak 8Q trend
VTI Vanguard Morningstar Total Stock Market ETF $32,559,450 5.60% 87,989 $4,891,512 Up ×2
IWV iShares Russell 3000 Fund $30,795,034 5.29% 72,221 $4,056,032 Up ×1
IEFA iShares Core MSCI EAFE ETF $27,439,923 4.72% 284,116 $1,875,699 Up ×1
VXF Vanguard Extended Market ETF $15,196,081 2.61% 61,720 $2,534,030 Up ×2
AVEM AMERICAN CENTURY ETF TRUST $12,880,643 2.21% 133,492 $2,241,827 Up ×2
AGGH Simplify Exchange Traded Funds $12,175,381 2.09% 603,638 $595,458 Up ×4
PG Procter & Gamble Company (The) Common Stock $11,558,018 1.99% 78,819 $174,557 Up ×1
DFAI Dimensional ETF Trust $11,236,500 1.93% 272,400 $828,648 Up ×1
MSFT Microsoft Corporation - Common Stock $10,294,013 1.77% 27,596 $-251,404 Down ×4
KLAC KLA Corporation - Common Stock $9,029,277 1.55% 29,927 $4,588,488 Up ×2
PYLD PIMCO Multisector Bond Active Exchange-Traded Fund $8,532,778 1.47% 321,748 $551,393 Up ×3
VUG Vanguard Morningstar Growth ETF $8,438,274 1.45% 97,960 $1,294,574 Up ×1
HGER Harbor Commodity All-Weather Strategy ETF $8,351,220 1.44% 284,636 $-400,422 Up ×1
DYNF BlackRock ETF Trust $8,289,059 1.42% 121,880 $1,257,541 Up ×1
AGZ iShares Trust $8,117,755 1.40% 74,286 $279,195 Up ×3
AAPL Apple Inc. - Common Stock $8,001,477 1.38% 27,652 $836,649 Down ×4
IBDS iShares Trust $7,839,556 1.35% 323,681 $3,716,962 Up ×4
IDXX IDEXX Laboratories, Inc. - Common Stock $7,533,356 1.29% 14,310 $-527,518 Down ×4
GLW Corning Incorporated Common Stock $7,408,504 1.27% 29,004 $2,994,238 Down ×1
IJH iShares Trust $7,163,133 1.23% 92,895 $948,347 Up ×2
AVGO Broadcom Inc. - Common Stock $7,156,565 1.23% 18,945 $689,904 Down ×1
NVDA NVIDIA Corporation - Common Stock $7,136,210 1.23% 35,665 $722,824 Down ×4
IEI iShares 3-7 Year Treasury Bond ETF $7,114,928 1.22% 60,578 $264,473 Up ×4
RSP Invesco Exchange-Traded Fund Trust $6,669,303 1.15% 31,345 $832,033 Up ×2
GOOGL Alphabet Inc. - Class A Common Stock $6,510,924 1.12% 18,219 $1,222,120 Down ×4
GOOG Alphabet Inc. - Class C Capital Stock $5,556,114 0.96% 15,725 $1,045,527 Up ×1
IBDU iShares Trust $5,455,962 0.94% 235,576 $3,900,426 Up ×3
WSM Williams-Sonoma, Inc. Common Stock (DE) $5,256,445 0.90% 22,550 $1,182,463 Up ×2
TSM Taiwan Semiconductor Manufacturing Company Ltd. $4,906,077 0.84% 10,273 $1,308,599 Down ×1
WM Waste Management, Inc. Common Stock $4,783,039 0.82% 21,460 $-86,671 Up ×5
CAH Cardinal Health, Inc. Common Stock $4,650,726 0.80% 19,577 $568,428 Up ×5
CAT Caterpillar, Inc. Common Stock $4,579,079 0.79% 4,300 $1,514,281 Down ×1
WELL Welltower Inc. Common Stock $4,519,003 0.78% 19,910 $597,227 Up ×2
LLY Eli Lilly and Company Common Stock $4,500,261 0.77% 3,752 $1,034,568 Down ×6
BK The Bank of New York Mellon Corporation Common Stock $4,198,500 0.72% 29,033 $811,376 Up ×4
IBDT iShares Trust $4,090,191 0.70% 161,987 $-1,500,647 Down ×1
PH Parker-Hannifin Corporation Common Stock $3,977,056 0.68% 4,066 $420,267 Up ×2
AMZN Amazon.com, Inc. - Common Stock $3,888,517 0.67% 16,315 $430,610 Down ×4
JPM JP Morgan Chase & Co. Common Stock $3,795,064 0.65% 11,594 $396,339 Up ×3
AMGN Amgen Inc. - Common Stock $3,743,959 0.64% 10,339 $101,608 Down ×4
SPHY State Street SPDR Portfolio High Yield Bond ETF $3,540,745 0.61% 151,055 $179,354 Up ×1
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF $3,525,490 0.61% 36,556 $267,246 Up ×5
TPR Tapestry, Inc. Common Stock $3,408,041 0.59% 23,282 $359,077 Up ×2
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF $3,394,560 0.58% 63,843 $176,666 Up ×6
SJNK SPDR SERIES TRUST $3,349,203 0.58% 133,807 $191,581 Up ×2
SMH SMH $3,315,524 0.57% 5,055 $646,677 Down ×1
UNM Unum Group Common Stock $3,266,609 0.56% 36,539 $509,726 Down ×1
DTCR Global X Data Center & Digital Infrastructure ETF $3,240,783 0.56% 106,710 $662,879 Down ×1
CMI Cummins Inc. Common Stock $3,226,505 0.55% 4,523 $778,572 Down ×1
TDIV First Trust NASDAQ Technology Dividend Index Fund $3,199,178 0.55% 27,848 $-1,014,960 Down ×6
QTUM Defiance Quantum ETF $3,126,013 0.54% 18,902 $532,250 Down ×1
AIRR First Trust RBA American Industrial Renaissance ETF $3,109,789 0.53% 23,338 Up ×1
AU AngloGold Ashanti PLC Ordinary Shares $3,099,624 0.53% 38,319 $-539,595 Up ×1
XBI SPDR SERIES TRUST $3,056,599 0.53% 19,315 Up ×1
XTL SPDR SERIES TRUST $3,052,461 0.52% 13,418 $406,833 Down ×1
AIQ Global X Artificial Intelligence & Technology ETF $3,043,582 0.52% 46,389 Up ×1
CHRW C.H. Robinson Worldwide, Inc. - Common Stock $2,966,739 0.51% 15,752 $2,264,263 Up ×1
HD Home Depot, Inc. (The) Common Stock $2,941,600 0.51% 8,340 $135,607 Down ×4
TAN Invesco Solar ETF $2,940,051 0.51% 49,705 $171,543 Up ×1
ITA iShares U.S. Aerospace & Defense ETF $2,902,980 0.50% 11,975 $309,480 Up ×1
R Ryder System, Inc. Common Stock $2,887,244 0.50% 10,946 $617,215 Down ×1
AFL AFLAC Incorporated Common Stock $2,855,765 0.49% 24,356 $205,939 Up ×4
PKB Invesco Exchange-Traded Fund Trust $2,855,513 0.49% 25,482 $386,228 Up ×1
BLK BlackRock, Inc. Common Stock $2,760,660 0.47% 2,871 $25,557 Up ×3
MS Morgan Stanley Common Stock $2,752,848 0.47% 13,169 $597,146 Up ×1
DMBS DoubleLine ETF Trust $2,688,416 0.46% 54,765 $114,829 Up ×1
GRMN Garmin Ltd. Common Stock (Switzerland) $2,685,653 0.46% 11,306 $70,668 Up ×2
WMB Williams Companies, Inc. (The) Common Stock $2,680,075 0.46% 36,051 $81,683 Up ×5
ADP Automatic Data Processing, Inc. - Common Stock $2,660,750 0.46% 11,881 $182,157 Down ×3
PAAA PGIM ETF Trust $2,629,715 0.45% 51,291 $122,560 Up ×4
NEE NextEra Energy, Inc. Common Stock $2,573,592 0.44% 29,322 $-231,756 Down ×3
VLO Valero Energy Corporation Common Stock $2,537,727 0.44% 9,744 Up ×1
PAYX Paychex, Inc. - Common Stock $2,358,838 0.41% 23,989 $135,061 Down ×1
IJR iShares Trust $2,321,200 0.40% 15,651 $373,760 Down ×3
B Barrick Mining Corporation Common Shares $2,130,817 0.37% 58,013 $-194,906 Up ×2
V Visa Inc. $2,109,786 0.36% 6,149 $220,373 Down ×2
SPY SPY $2,068,955 0.36% 2,770 $137,121 Down ×3
TJX TJX Companies, Inc. (The) Common Stock $1,952,541 0.34% 12,888 $-171,629 Down ×1
ABT Abbott Laboratories Common Stock $1,942,108 0.33% 21,403 $-321,047 Down ×4
AMP Ameriprise Financial, Inc. Common Stock $1,925,416 0.33% 4,197 $39,382 Down ×3
PANW Palo Alto Networks, Inc. - Common Stock $1,853,785 0.32% 5,436 $961,925 Down ×1
CSCO Cisco Systems, Inc. - Common Stock $1,830,144 0.31% 15,581 $617,490 Down ×1
DSI iShares Trust $1,813,479 0.31% 12,736 $571,039 Up ×1
SPDW State Street SPDR Portfolio Developed World ex-US ETF $1,781,488 0.31% 35,354 $237,879 Up ×2
META Meta Platforms, Inc. - Class A Common Stock $1,777,180 0.31% 3,155 $-72,516 Down ×1
EVR Evercore Inc. Class A Common Stock $1,663,174 0.29% 4,871 $274,207 Up ×4
VOO Vanguard S&P 500 ETF $1,629,800 0.28% 2,373 $205,838 Down ×2
VYM Vanguard High Dividend Yield ETF $1,607,481 0.28% 10,172 $92,122 Down ×1
QQQ Invesco QQQ Trust, Series 1 $1,596,700 0.27% 2,168 $342,343 Down ×1
JNJ Johnson & Johnson Common Stock $1,583,901 0.27% 6,236 $147,433 Up ×1
LRCX Lam Research Corporation - Common Stock $1,575,155 0.27% 3,635 $777,562 Down ×5
WMT Walmart Inc. - Common Stock $1,561,742 0.27% 13,789 $-153,073 Down ×4
COP ConocoPhillips Common Stock $1,560,544 0.27% 15,011 $-415,760 Up ×1
APH Amphenol Corporation Common Stock $1,560,256 0.27% 8,849 $437,384 Down ×4
TSLA Tesla, Inc. - Common Stock $1,544,023 0.27% 3,671 $145,499 Down ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $1,530,193 0.26% 3,058 $75,342 Up ×1
VCSH Vanguard Short-Term Corporate Bond ETF $1,471,934 0.25% 18,625 $-44,105 Down ×3
NEM Newmont Corporation $1,402,604 0.24% 15,017 $-131,082 Up ×2
CVX Chevron Corporation Common Stock $1,394,870 0.24% 8,415 $-310,814 Up ×6
ORCL Oracle Corporation Common Stock $1,392,958 0.24% 9,505 $-30,331 Down ×4

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
AGGH $12,175,381 2.09% up ×4
PYLD $8,532,778 1.47% up ×3
AGZ $8,117,755 1.40% up ×3
IBDS $7,839,556 1.35% up ×4
IEI $7,114,928 1.22% up ×4
IBDU $5,455,962 0.94% up ×3
WM $4,783,039 0.82% up ×5
CAH $4,650,726 0.80% up ×5
BK $4,198,500 0.72% up ×4
JPM $3,795,064 0.65% up ×3
EMB $3,525,490 0.61% up ×5
IGIB $3,394,560 0.58% up ×6
AFL $2,855,765 0.49% up ×4
BLK $2,760,660 0.47% up ×3
WMB $2,680,075 0.46% up ×5

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
AIRR $3,109,789 23,338 0.53%
XBI $3,056,599 19,315 0.53%
AIQ $3,043,582 46,389 0.52%
VLO $2,537,727 9,744 0.44%
NOK $1,378,424 103,797 0.24%
DELL $1,054,920 2,445 0.18%
VHT $1,012,845 3,387 0.17%
INTC $543,021 3,889 0.09%
Unknown issuer (CUSIP: 438516205) $514,522 2,298 0.09%
Unknown issuer (CUSIP: 43849R105) $508,042 2,298 0.09%
SNDK $495,673 218 0.09%
IEZ $461,658 17,162 0.08%
REMX $451,085 5,097 0.08%
AMAT $289,923 401 0.05%
MU $270,104 234 0.05%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VTI Bought more +2K +$4.9M
KLAC Bought more +27K +$4.6M
IWV Bought more +86 +$4.1M
IBDU Bought more +169K +$3.9M
IBDS Bought more +154K +$3.7M
IBDR Trimmed -126K -$3.0M
GLW Trimmed -3K +$3.0M
VXF Bought more +194 +$2.5M
CHRW Bought more +12K +$2.3M
AVEM Bought more +1K +$2.2M

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
AGG June 30, 2025 81,669 $8,078,697
FTGC Sept. 30, 2025 317,076 $7,822,265
FFEB March 31, 2026 105,319 $5,963,162
XOM June 30, 2026 31,426 $5,331,735 20.0%
BKLN March 31, 2026 133,297 $2,799,237
IAI March 31, 2026 15,093 $2,707,231
XOP June 30, 2026 14,817 $2,694,175
ARES March 31, 2026 16,587 $2,680,957 7.4%
XME June 30, 2026 24,520 $2,648,405 0.8%
GDX March 31, 2026 30,768 $2,638,971 -4.7%
SOCL March 31, 2026 46,397 $2,561,708
SHLD June 30, 2026 36,144 $2,560,441
CIBR March 31, 2026 35,673 $2,548,836
SKYY March 31, 2026 19,459 $2,531,227
HUBB June 30, 2025 7,632 $2,525,505 17.7%
IGV March 31, 2026 23,365 $2,469,447 37.1%
PFF June 30, 2025 79,474 $2,442,236
RTH March 31, 2026 9,546 $2,381,738
MBB March 31, 2026 24,397 $2,323,082
MLPX Sept. 30, 2025 33,056 $2,071,289 13.1%
KBE June 30, 2025 36,940 $1,956,342 15.0%
APO Sept. 30, 2025 12,188 $1,729,112 -13.4%
NEE June 30, 2025 23,781 $1,685,835 9.9%
SMH June 30, 2025 7,833 $1,656,445 127.3%
ITW March 31, 2026 4,854 $1,195,540 1.5%
DON Dec. 31, 2025 20,804 $1,088,049
LMT March 31, 2026 2,162 $1,045,695 -16.2%
SDOG June 30, 2025 17,700 $1,028,370
HON June 30, 2026 4,504 $1,018,039 -4.4%
USMV March 31, 2026 10,363 $975,780
OWL June 30, 2025 42,209 $845,868 -53.3%
ERIC Sept. 30, 2025 76,543 $649,085 11.5%
UL (filed as ULXXXX) Dec. 31, 2025 10,537 $624,633 -8.3%
ERIE June 30, 2025 1,354 $567,394 -36.1%
BIL March 31, 2026 6,070 $554,677
ULTA June 30, 2026 1,055 $551,459 20.3%
IAU June 30, 2026 5,744 $506,391 3.1%
NTAP June 30, 2025 4,981 $437,531 110.0%
TMUS March 31, 2026 1,997 $405,471 -21.6%
SLV June 30, 2026 5,603 $381,788 3.1%
HOLX June 30, 2026 4,998 $377,799 No longer tracked
SPGI March 31, 2026 692 $361,687 -8.1%
CL Sept. 30, 2025 3,910 $355,419 7.8%
DD Dec. 31, 2025 4,153 $323,519 225.1%
VZ Dec. 31, 2025 6,613 $290,641 12.6%
NOW March 31, 2026 1,773 $271,606 30.2%
NKE June 30, 2026 5,068 $267,692 -17.3%
SJM Dec. 31, 2025 2,416 $262,378 18.8%
FAN Dec. 31, 2025 12,958 $248,927
FIW Dec. 31, 2025 2,194 $246,496
AWK Sept. 30, 2025 1,727 $240,243 -8.2%
SPOT Dec. 31, 2025 334 $233,132 -16.8%
CGW March 31, 2026 3,689 $232,448
BSX March 31, 2026 2,383 $227,219 -32.4%
TYL March 31, 2026 495 $224,705 -4.1%
PWR Dec. 31, 2025 540 $223,787 61.9%
CPRT Dec. 31, 2025 4,970 $223,501 -29.4%
DD June 30, 2026 4,869 $223,000 -3.6%
WAB Sept. 30, 2025 1,061 $222,120 45.6%
WAB June 30, 2026 887 $221,670 8.3%
UPS Sept. 30, 2025 2,185 $220,554 11.5%
BX Dec. 31, 2025 1,275 $217,939 -27.6%
VTEB Sept. 30, 2025 4,365 $214,016
NXPI Dec. 31, 2025 937 $213,383 11.5%
VZ June 30, 2026 4,241 $212,898 8.3%
TT Sept. 30, 2025 484 $211,706 11.6%
MMM March 31, 2026 1,315 $210,532 12.4%
UNH Sept. 30, 2025 672 $209,644 9.6%
HSIC Sept. 30, 2025 2,840 $207,462 26.9%
MDLZ Dec. 31, 2025 3,315 $207,088 8.7%
PFE Dec. 31, 2025 8,099 $206,363 10.1%
EQIX Sept. 30, 2025 258 $205,231 30.7%
LPLA Sept. 30, 2025 546 $204,734 -0.2%
AJG Dec. 31, 2025 660 $204,428 -12.2%
FAUG March 31, 2026 3,850 $203,858
FITB March 31, 2026 4,354 $203,811 9.3%
BFAM June 30, 2025 1,604 $203,772 -48.0%
HLT Sept. 30, 2025 764 $203,484 21.8%
MKC Sept. 30, 2025 2,672 $202,591 -31.9%
BKNG June 30, 2026 48 $202,095 -11.2%
AME March 31, 2026 982 $201,614 17.5%
TRV Sept. 30, 2025 752 $201,190 29.2%
NXPI June 30, 2025 1,058 $201,083 10.7%
SAN June 30, 2025 10,375 $69,513 67.5%