Performance vs S&P 500

03
Tracked Q1 2025–Q3 2026 +27.1%
S&P 500 total return (same window) +39.9%
Excess return -12.8%

Annualized: +17.3% · S&P 500: +25.1%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 98.2% · Options excluded: 0.0%

Sector breakdown

04
Technology 33.4%
Communication Services 11.5%
Financials 10.6%
Healthcare 10.4%
Retail 9.9%
Industrials 9.0%
Consumer Discretionary 3.1%
Real Estate 2.3%
Consumer products 2.1%
Materials 1.9%
Utilities 1.7%
Consumer Staples 0.4%
Other/Unmapped 3.7%

Full portfolio 80 positions

05
Type Streak 8Q trend
AAPL Apple Inc. - Common Stock $18,966,390 9.07% 56,953 $2,166,092 Down ×6
MSFT Microsoft Corporation - Common Stock $13,450,967 6.43% 26,225 $3,619,299 Down ×2
GOOGL Alphabet Inc. - Class A Common Stock $9,557,358 4.57% 27,777 $-642,168 Down ×6
INTC Intel Corporation - Common Stock $8,187,571 3.91% 68,099 $-1,498,176 Down ×6
GOOG Alphabet Inc. - Class C Capital Stock $8,155,271 3.90% 23,934 $-728,859 Down ×6
TMO Thermo Fisher Scientific Inc Common Stock $6,345,470 3.03% 9,400 $1,549,962 Down ×2
AMZN Amazon.com, Inc. - Common Stock $6,099,939 2.92% 24,483 $152,879 Down ×6
AMD Advanced Micro Devices, Inc. - Common Stock $5,984,848 2.86% 9,783 $323,880 Up ×1
SCHW Charles Schwab Corporation (The) Common Stock $5,362,212 2.56% 54,862 $253,407 Down ×2
ORCL Oracle Corporation Common Stock $4,781,884 2.29% 34,828 $-399,684 Down ×2
COST Costco Wholesale Corporation - Common Stock $4,570,817 2.18% 5,021 $-185,112 Down ×3
NFLX Netflix, Inc. - Common Stock $4,568,275 2.18% 65,655 $-64,871 Up ×1
QCOM QUALCOMM Incorporated - Common Stock $4,301,567 2.06% 23,373 $28,853 Up ×1
AMGN Amgen Inc. - Common Stock $4,288,021 2.05% 10,173 $533,923 Down ×2
SCHO SCHWAB STRATEGIC TRUST $4,243,119 2.03% 177,834 $-179,184 Down ×1
MRSH Marsh Common Stock $4,094,447 1.96% 23,982 $-144,971 Down ×2
AMAL Amalgamated Financial Corp. - Common Stock $3,764,214 1.80% 79,130 $123,885 Down ×3
TJX TJX Companies, Inc. (The) Common Stock $3,759,456 1.80% 28,414 $-597,684 Down ×6
NVDA NVIDIA Corporation - Common Stock $3,577,573 1.71% 15,665 $614,240 Up ×5
ASML ASML Holding N.V. - New York Registry Shares $3,572,613 1.71% 1,972 $-16,337 Up ×4
EBAY eBay Inc. - Common Stock $3,471,623 1.66% 32,736 $-262,923 Down ×2
SBUX Starbucks Corporation - Common Stock $3,373,164 1.61% 35,900 $-289,326 Up ×1
DE Deere & Company Common Stock $3,091,145 1.48% 4,603 $106,622 Down ×3
CHD Church & Dwight Company, Inc. Common Stock $2,914,225 1.39% 30,930 $-95,352 Down ×3
EMR Emerson Electric Company Common Stock $2,879,276 1.38% 18,564 $171,021 Down ×2
ITW Illinois Tool Works Inc. Common Stock $2,869,444 1.37% 11,153 $-154,411 Down ×2
GILD Gilead Sciences, Inc. - Common Stock $2,804,376 1.34% 18,815 $406,443 Down ×2
ED Consolidated Edison, Inc. Common Stock $2,708,769 1.29% 26,502 $-259,102 Down ×3
ECL Ecolab Inc. Common Stock $2,599,917 1.24% 9,469 $-49,272 Down ×1
SYK Stryker Corporation Common Stock $2,379,370 1.14% 8,640 $-352,497 Down ×1
DLR Digital Realty Trust, Inc. Common Stock $2,328,330 1.11% 13,265 $-85,371 Down ×2
CNI Canadian National Railway Company Common Stock $2,279,432 1.09% 19,171 $-21,662 Down ×3
XYL Xylem Inc. Common Stock New $2,213,445 1.06% 21,857 $-373,892 Down ×2
FSLR First Solar, Inc. - Common Stock $2,119,611 1.01% 12,101 $-729,842 Up ×1
JCI Johnson Controls International plc Ordinary Share $2,119,600 1.01% 14,259 $-17,989 Down ×6
MA Mastercard Incorporated Common Stock $2,067,461 0.99% 3,749 $142,488 Up ×1
GWW W.W. Grainger, Inc. Common Stock $1,985,741 0.95% 1,594 $-203,143 Down ×2
SYY Sysco Corporation Common Stock $1,972,778 0.94% 25,305 $-146,811 Down ×2
GHC Graham Holdings Company Common Stock $1,961,165 0.94% 1,728 $-44,746 Down ×6
PLD Prologis, Inc. Common Stock $1,875,928 0.90% 14,448 $-112,365 Down ×3
VEEV Veeva Systems Inc. Class A Common Stock $1,667,599 0.80% 5,842 $621,946 Down ×6
VZ Verizon Communications Inc. Common Stock $1,575,583 0.75% 34,349 $123,008 Up ×1
GLD SPDR Gold Shares $1,558,016 0.74% 4,091 $14,135 Down ×1
BOH Bank of Hawaii Corporation Common Stock $1,527,474 0.73% 22,163 $-239,637 Up ×1
PG Procter & Gamble Company (The) Common Stock $1,497,837 0.72% 10,310 $-19,447 Down ×1
ZM Zoom Communications, Inc. - Class A Common Stock $1,478,553 0.71% 16,289 $108,037 Up ×1
PYPL PayPal Holdings, Inc. - Common Stock $1,412,953 0.68% 26,898 $248,484 Down ×4
SHOP Shopify Inc. - Class A Subordinate Voting Shares $1,403,956 0.67% 9,467 $403,511 Up ×4
MDT Medtronic plc. Ordinary Shares $1,345,261 0.64% 15,590 $117,206 Down ×1
KEY KeyCorp Common Stock $1,160,467 0.55% 57,821 $-134,736 Up ×4
NVO Novo Nordisk A/S Common Stock $1,145,451 0.55% 30,215 $-322,903 Down ×1
HMC Honda Motor Company, Ltd. Common Stock $1,080,973 0.52% 34,208 $145,868 Down ×2
INTU Intuit Inc. - Common Stock $897,350 0.43% 3,255 $31,983 Down ×3
JPM JP Morgan Chase & Co. Common Stock $888,279 0.42% 2,685 $9,398
DAR Darling Ingredients Inc. Common Stock $878,292 0.42% 14,467 $79,256 Down ×3
ISRG Intuitive Surgical, Inc. - Common Stock $817,326 0.39% 2,010 $29,920 Up ×2
UPS United Parcel Service, Inc. Common Stock $773,590 0.37% 8,279 $-111,028 Up ×1
SHW Sherwin-Williams Company (The) Common Stock $759,685 0.36% 2,350 $-9,870 Up ×4
ORA Ormat Technologies, Inc. Common Stock $751,499 0.36% 8,214 $-126,671 Up ×1
BRK-A (filed as BRKA) Berkshire Hathaway Inc. Class A $747,005 0.36% 1 $-1,845
TGT Target Corporation Common Stock $739,263 0.35% 4,718 $126,310 Up ×1
DOC Healthpeak Properties, Inc. Common Stock $621,267 0.30% 31,110 $-49,537 Down ×4
ADI Analog Devices, Inc. - Common Stock $594,272 0.28% 1,498 $-689
PHG Koninklijke Philips N.V. NY Registry Shares $579,602 0.28% 23,725 $-74,644 Down ×1
AVGO Broadcom Inc. - Common Stock $551,368 0.26% 1,570 $-41,700
HASI HA Sustainable Infrastructure Capital, Inc. Common Stock $536,834 0.26% 14,987 $-50,595 Down ×2
PKG Packaging Corporation of America Common Stock $516,981 0.25% 2,255 $17,784 Up ×3
IWM iShares Trust $447,403 0.21% 1,610 $-36,322
TREX Trex Company, Inc. Common Stock $401,057 0.19% 9,207 $-47,652 Up ×3
IEMG iShares, Inc. $375,933 0.18% 4,632 $-7,782
VEA VANGUARD TAX-MANAGED FUNDS $353,050 0.17% 5,000 $-3,200
V Visa Inc. $342,801 0.16% 954 $15,493
NUSC Nushares ETF Trust $313,180 0.15% 6,454 $-23,202
IAU iShares Gold Trust Shares $297,249 0.14% 3,806 $9,858
NYT New York Times Company (The) Common Stock $295,250 0.14% 4,635 Up ×1
CB Chubb Limited Common Stock $293,050 0.14% 901 $-13,957
TT Trane Technologies plc $259,889 0.12% 575 $-22,528
MRK Merck & Company, Inc. Common Stock (new) $250,369 0.12% 1,723 $28,963
VCSH Vanguard Short-Term Corporate Bond ETF $231,750 0.11% 3,000 $-5,340
DHR Danaher Corporation Common Stock $210,473 0.10% 950

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
NVDA $3,577,573 1.71% up ×5
ASML $3,572,613 1.71% up ×4
SHOP $1,403,956 0.67% up ×4
KEY $1,160,467 0.55% up ×4
SHW $759,685 0.36% up ×4
PKG $516,981 0.25% up ×3
TREX $401,057 0.19% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
NYT $295,250 4,635 0.14%
DHR $210,473 950 0.10%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
MSFT Trimmed -132 +$3.6M
AAPL Trimmed -1K +$2.2M
TMO Trimmed -165 +$1.5M
INTC Trimmed -1K -$1.5M
FSLR Bought more +25 -$730K
GOOG Trimmed -1K -$729K
GOOGL Trimmed -764 -$642K
VEEV Trimmed -50 +$622K
NVDA Bought more +855 +$614K
TJX Trimmed -346 -$598K

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
HOLX June 30, 2026 12,154 $918,721 No longer tracked
APD Sept. 30, 2026 995 $291,714 10.4%
FICO Sept. 30, 2026 229 $273,605 37.6%
WBD Sept. 30, 2026 10,064 $268,306 No longer tracked
TMUS June 30, 2026 1,189 $249,726 -12.6%
AMAT Sept. 30, 2026 340 $245,820 -26.2%
DHR March 31, 2026 1,062 $243,113 21.6%
META Dec. 31, 2025 307 $225,455 -2.6%
SNY June 30, 2026 4,657 $224,374 -2.5%
SONY Dec. 31, 2025 7,035 $202,538 1.9%