Sector breakdown

04
Technology 21.8%
Financials 8.1%
Industrials 6.6%
Healthcare 5.9%
Retail 5.6%
Communication Services 4.8%
Consumer Discretionary 3.6%
Real Estate 2.5%
Materials 2.4%
Utilities 2.2%
Energy 1.6%
Consumer Staples 1.6%
Consumer products 1.3%
Other/Unmapped 32.0%

Full portfolio 74 positions

05
Type Streak 8Q trend
BSV VANGUARD BOND INDEX FUNDS $21,477,327 6.00% 275,668 $-511,615 Down ×2
VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares $17,344,218 4.85% 345,296 $-286,434 Down ×4
BIV VANGUARD BOND INDEX FUNDS $17,190,924 4.80% 224,132 $-418,002 Down ×2
USHY iShares Broad USD High Yield Corporate Bond ETF $17,078,032 4.77% 461,319 Up ×1
VWOB Vanguard Emerging Markets Government Bond ETF $13,083,895 3.66% 194,585 $21,307 Down ×2
AVGO Broadcom Inc. - Common Stock $12,955,605 3.62% 34,297 $4,430,264 Up ×1
AAPL Apple Inc. - Common Stock $10,927,423 3.05% 37,764 $853,332 Down ×3
JPM JP Morgan Chase & Co. Common Stock $9,658,865 2.70% 29,508 $657,024 Down ×5
AMGN Amgen Inc. - Common Stock $9,249,269 2.58% 25,542 $-53,645 Down ×3
SPG Simon Property Group, Inc. Common Stock $9,007,751 2.52% 40,276 $1,174,515 Down ×3
MU Micron Technology, Inc. - Common Stock $8,951,519 2.50% 7,755 Up ×1
MS Morgan Stanley Common Stock $8,869,800 2.48% 42,431 $1,617,229 Down ×6
LIN Linde plc - Ordinary Shares $8,691,726 2.43% 16,749 $20,884 Down ×2
BK The Bank of New York Mellon Corporation Common Stock $8,685,928 2.43% 60,065 $1,245,789 Down ×4
NVDA NVIDIA Corporation - Common Stock $8,510,628 2.38% 42,534 $2,346,111 Up ×2
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $7,616,900 2.13% 9,981 $3,473,088 Down ×3
WM Waste Management, Inc. Common Stock $7,567,890 2.11% 33,955 $-511,067 Down ×2
DUK Duke Energy Corporation (Holding Company) Common Stock $7,504,928 2.10% 59,290 $-527,848 Down ×2
LMT Lockheed Martin Corporation Common Stock $7,498,798 2.10% 14,719 $-1,709,669 Down ×5
NOW ServiceNow, Inc. Common Stock $7,192,439 2.01% 72,446 $2,152,815 Up ×1
CSCO Cisco Systems, Inc. - Common Stock $7,178,864 2.01% 61,118 $2,097,486 Down ×3
WMT Walmart Inc. - Common Stock $7,091,161 1.98% 62,610 $-956,375 Down ×5
EMR Emerson Electric Company Common Stock $7,002,515 1.96% 48,917 $364,379 Down ×4
TJX TJX Companies, Inc. (The) Common Stock $6,910,067 1.93% 45,611 $-644,861 Down ×4
TMO Thermo Fisher Scientific Inc Common Stock $6,834,540 1.91% 13,632 $2,458,448 Up ×1
IBM International Business Machines Corporation Common Stock $6,788,674 1.90% 24,141 $786,191 Down ×3
MSFT Microsoft Corporation - Common Stock $6,733,112 1.88% 18,050 $-156,438 Down ×5
SBUX Starbucks Corporation - Common Stock $6,357,353 1.78% 62,211 $530,771 Down ×3
AMZN Amazon.com, Inc. - Common Stock $6,079,165 1.70% 25,506 $532,102 Down ×2
META Meta Platforms, Inc. - Class A Common Stock $5,661,696 1.58% 10,051 $2,416,506 Up ×1
CVX Chevron Corporation Common Stock $5,648,053 1.58% 34,074 $-4,462,161 Down ×4
KO Coca-Cola Company (The) Common Stock $5,647,500 1.58% 69,491 $164,143 Down ×2
TXN Texas Instruments Incorporated - Common Stock $5,131,275 1.43% 17,215 Up ×1
MCD McDonald's Corporation Common Stock $5,045,066 1.41% 18,664 $-932,047 Down ×3
MCK McKesson Corporation Common Stock $4,953,033 1.38% 6,555 $-889,957 Down ×3
PG Procter & Gamble Company (The) Common Stock $4,606,842 1.29% 31,416 $-73,736 Down ×1
VUG Vanguard Morningstar Growth ETF $3,963,732 1.11% 46,015 $568,127 Up ×1
FOXA Fox Corporation - Class A Common Stock $3,485,388 0.97% 66,821 $-524,010 Down ×6
VTV Vanguard Morningstar Value ETF $3,018,331 0.84% 13,850 $-446,561 Down ×2
Unknown issuer (CUSIP: 438516205) $2,734,715 0.76% 12,214 Up ×1
Unknown issuer (CUSIP: 43849R105) $2,625,546 0.73% 11,876 Up ×1
VEA Vanguard FTSE Developed Markets ETF $2,447,854 0.68% 34,356 $-203,446 Down ×2
ACWI iShares MSCI ACWI ETF $2,197,014 0.61% 13,996 $280,583 Up ×1
AOA iShares Trust $1,543,786 0.43% 15,817 $271,893 Up ×1
GDXJ VanEck Junior Gold Miners ETF $1,409,986 0.39% 14,351 Up ×1
AOR iShares Trust $1,312,647 0.37% 18,887 $554,861 Up ×1
PANW Palo Alto Networks, Inc. - Common Stock $1,069,439 0.30% 3,136 $521,305 Down ×2
SMH SMH $1,021,221 0.29% 1,557 $390,528 Down ×4
VOO Vanguard S&P 500 ETF $1,000,196 0.28% 1,456 $228,656 Up ×1
AXP American Express Company Common Stock $944,599 0.26% 2,793 $26,087 Down ×6
AMD Advanced Micro Devices, Inc. - Common Stock $931,199 0.26% 1,603 $610,593 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $929,078 0.26% 2,600 $63,302 Down ×5
IJH iShares Trust $915,879 0.26% 11,878 $15,050 Down ×4
RSP Invesco Exchange-Traded Fund Trust $909,805 0.25% 4,276 $78,599 Down ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $771,276 0.22% 1,615 $175,808 Down ×6
IJR iShares Trust $733,117 0.20% 4,943 $441,486 Up ×1
UBER Uber Technologies, Inc. Common Stock $692,880 0.19% 9,602 $-55,839 Down ×2
XLI SELECT SECTOR SPDR TRUST $637,747 0.18% 3,443 $71,207 Down ×2
XLF SELECT SECTOR SPDR TRUST $631,043 0.18% 11,771 $-33,872 Down ×2
XBI SPDR SERIES TRUST $551,027 0.15% 3,482 $94,520 Down ×2
XLK SELECT SECTOR SPDR TRUST $505,831 0.14% 2,655 Up ×1
SPEM State Street SPDR Portfolio Emerging Markets ETF $469,075 0.13% 9,059 $35,720 Down ×2
CEG Constellation Energy Corporation - Common Stock When-Issued $460,975 0.13% 1,856
KLAC KLA Corporation - Common Stock $456,186 0.13% 1,512 $70,415 Up ×1
XLC SELECT SECTOR SPDR TRUST $391,346 0.11% 3,653 $-18,614 Down ×2
TSLA Tesla, Inc. - Common Stock $379,381 0.11% 902 $49,267 Up ×1
GEV GE Vernova Inc. Common Stock $372,431 0.10% 317 $57,314 Down ×1
GS Goldman Sachs Group, Inc. (The) Common Stock $314,536 0.09% 311 $4,058 Down ×4
Unknown issuer (CUSIP: 84615Q103) $290,120 0.08% 1,698 Up ×1
BA Boeing Company (The) Common Stock $256,084 0.07% 1,183 $-368,273 Down ×2
SCHW Charles Schwab Corporation (The) Common Stock $244,239 0.07% 2,647 $-43,810 Down ×2
LLY Eli Lilly and Company Common Stock $218,296 0.06% 182
CME CME Group Inc. - Class A Common Stock $212,438 0.06% 962 $-116,287 Down ×2
INVZ Innoviz Technologies Ltd. - Ordinary shares $76,120 0.02% 100,000 Up ×1

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
USHY $17,078,032 461,319 4.77%
MU $8,951,519 7,755 2.50%
TXN $5,131,275 17,215 1.43%
Unknown issuer (CUSIP: 438516205) $2,734,715 12,214 0.76%
Unknown issuer (CUSIP: 43849R105) $2,625,546 11,876 0.73%
GDXJ $1,409,986 14,351 0.39%
XLK $505,831 2,655 0.14%
CEG $460,975 1,856 0.13%
Unknown issuer (CUSIP: 84615Q103) $290,120 1,698 0.08%
LLY $218,296 182 0.06%
INVZ $76,120 100,000 0.02%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
CVX Trimmed -15K -$4.5M
AVGO Bought more +7K +$4.4M
CRWD Trimmed -633 +$3.5M
TMO Bought more +5K +$2.5M
META Bought more +4K +$2.4M
NVDA Bought more +7K +$2.3M
NOW Bought more +24K +$2.2M
CSCO Trimmed -4K +$2.1M
LMT Trimmed -517 -$1.7M
MS Trimmed -2K +$1.6M

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
SHYG June 30, 2025 647,491 $27,531,318
EMB June 30, 2025 193,411 $17,521,100
BLV June 30, 2026 254,550 $17,507,981
FDX Sept. 30, 2025 44,877 $10,200,991 22.6%
BMY June 30, 2025 160,028 $9,760,114 27.0%
UNH June 30, 2025 17,462 $9,145,729 21.4%
PLD Sept. 30, 2025 83,386 $8,765,490 11.8%
SRE June 30, 2025 121,358 $8,660,106 3.2%
DIS Dec. 31, 2025 75,592 $8,655,284 -8.9%
TMUS March 31, 2026 39,212 $7,961,604 -21.6%
LOW June 30, 2026 33,511 $7,918,077 -18.6%
D June 30, 2025 119,656 $6,709,112 8.0%
BRK-B (filed as BRKB) June 30, 2026 13,625 $6,529,100 No longer tracked
RF June 30, 2026 233,775 $6,106,203 -10.4%
HON June 30, 2026 25,656 $5,799,094 -4.4%
SRLN June 30, 2025 135,561 $5,575,641
ABT June 30, 2026 53,932 $5,537,248 10.3%
VBIL March 31, 2026 32,365 $2,441,294
TMO June 30, 2025 3,453 $1,718,246 66.9%
XLG June 30, 2025 35,957 $1,654,741
GOOG March 31, 2026 4,720 $1,481,102 19.9%
CRM Sept. 30, 2025 4,710 $1,284,498 -3.0%
SPLV June 30, 2025 14,777 $1,104,137
SPY March 31, 2026 1,510 $1,029,838 No longer tracked
LLY March 31, 2026 925 $994,091 24.3%
NFLX March 31, 2026 10,505 $984,949 -29.8%
QQQ June 30, 2026 1,643 $948,237 1.1%
VGSH March 31, 2026 15,544 $912,899
APO March 31, 2026 5,829 $843,806 3.5%
NEE Sept. 30, 2025 11,938 $828,736 1.0%
ETN June 30, 2025 2,999 $815,218 21.2%
ABBV Dec. 31, 2025 3,460 $801,118 16.3%
DKNG March 31, 2026 21,852 $753,020 -9.3%
CEG March 31, 2026 2,123 $749,992 -4.2%
TQQQ June 30, 2025 12,856 $736,649
IVV Dec. 31, 2025 1,091 $730,306
ACN March 31, 2026 2,653 $711,800 -1.6%
RHP Dec. 31, 2025 7,931 $710,568 27.5%
SHEL June 30, 2026 7,059 $656,504 24.5%
NUE June 30, 2025 5,292 $636,839 94.1%
MDY June 30, 2026 1,004 $619,223
PGR Sept. 30, 2025 2,298 $613,244 -13.9%
HOOD March 31, 2026 4,996 $565,048 64.7%
XLV June 30, 2025 3,757 $548,576 24.2%
NSC March 31, 2026 1,855 $535,533 10.2%
BAC March 31, 2026 9,099 $500,445 10.8%
SPOT Dec. 31, 2025 706 $492,788 -16.8%
BND March 31, 2026 6,352 $470,523
BUG Sept. 30, 2025 12,331 $457,464
SPYV March 31, 2026 6,773 $384,773 9.1%
AMLP Sept. 30, 2025 7,859 $383,984
IJR June 30, 2025 3,420 $357,664 26.5%
JNJ March 31, 2026 1,505 $311,460 3.5%
HCA March 31, 2026 667 $311,396 -8.1%
BLK March 31, 2026 270 $289,014 10.9%
SHOP June 30, 2026 2,371 $281,248 40.2%
F Dec. 31, 2025 22,322 $266,968 -7.4%
GD March 31, 2026 756 $254,515 -3.4%
LDOS June 30, 2026 1,458 $226,748 16.0%
COF Dec. 31, 2025 1,059 $225,132 -19.5%
COST June 30, 2026 223 $222,204 -1.3%
AEM June 30, 2026 1,084 $220,030 18.2%
LHX March 31, 2026 748 $219,590 -31.4%
DHR June 30, 2025 1,015 $208,075 12.0%
AZN June 30, 2026 1,030 $203,137 -17.5%
PG Dec. 31, 2025 1,318 $202,541 1.8%
OEF March 31, 2026 586 $200,980
COR June 30, 2026 637 $200,107 11.3%