Performance vs S&P 500

03
Tracked Q4 2025–Q2 2026 +26.4%
S&P 500 total return (same window) +8.7%
Excess return +17.7%

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: 92.9% · Options excluded: 0.0%

Sector breakdown

04
Industrials 35.7%
Technology 11.2%
Retail 10.0%
Healthcare 9.5%
Materials 7.7%
Consumer products 6.2%
Financials 5.6%
Energy 5.0%
Consumer Discretionary 4.7%
Other/Unmapped 4.5%

Full portfolio 21 positions

05
Type Streak 8Q trend
MRCY Mercury Systems Inc - Common Stock $12,278,874 9.77% 100,375 $3,391,291 Down ×2
CTRI Centuri Holdings, Inc. Common Stock $8,273,029 6.58% 273,579 $2,552,835 Up ×1
SGI Somnigroup International Inc. Common Stock $7,734,709 6.15% 98,657 $2,637,703 Up ×2
LPLA LPL Financial Holdings Inc. - Common Stock $7,012,987 5.58% 24,897 Up ×1
BLFS BioLife Solutions, Inc. - Common Stock $6,745,124 5.37% 238,850 $2,299,904 Up ×2
LSCC Lattice Semiconductor Corporation - Common Stock $6,451,700 5.13% 42,179
EYE National Vision Holdings, Inc. - Common Stock $6,369,186 5.07% 335,044 $1,191,491 Up ×1
GLNG Golar LNG Limited - Common Shares $6,282,432 5.00% 126,052 $1,404,848 Up ×1
SOLS Solstice Advanced Materials Inc. - Common Stock $6,163,813 4.90% 69,569 $1,552,020 Up ×1
PFGC Performance Food Group Company Common Stock $6,141,631 4.89% 54,939 $10,859 Down ×1
JHX James Hardie Industries plc. Ordinary Shares $5,980,612 4.76% 228,442 $2,103,196 Up ×1
GIL Gildan Activewear, Inc. Class A Sub. Vot. Common Stock $5,893,391 4.69% 114,213 $1,455,637 Up ×1
RAL Ralliant Corporation Common Stock $5,776,274 4.60% 78,450 Up ×1
Unknown issuer (CUSIP: 29390K102) $5,697,474 4.53% 259,566 Up ×1
SHC Sotera Health Company - Common Stock $5,234,102 4.16% 294,879 Up ×1
TTMI TTM Technologies, Inc. - Common Stock $4,855,039 3.86% 25,960 Up ×1
SNDK Sandisk Corporation - Common Stock $4,183,663 3.33% 1,840 Up ×1
GLW Corning Incorporated Common Stock $4,137,200 3.29% 16,197 $-593,196 Down ×2
ALK Alaska Air Group, Inc. Common Stock $3,539,160 2.82% 67,800
SW Smurfit WestRock plc Ordinary Shares $3,502,807 2.79% 75,720 Up ×1
ENTG Entegris, Inc. - Common Stock $3,451,154 2.75% 19,188 $-1,875,411 Down ×1

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
LPLA $7,012,987 24,897 5.58%
LSCC $6,451,700 42,179 5.13%
RAL $5,776,274 78,450 4.60%
Unknown issuer (CUSIP: 29390K102) $5,697,474 259,566 4.53%
SHC $5,234,102 294,879 4.16%
TTMI $4,855,039 25,960 3.86%
SNDK $4,183,663 1,840 3.33%
ALK $3,539,160 67,800 2.82%
SW $3,502,807 75,720 2.79%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
MRCY Trimmed -22K +$3.4M
SGI Bought more +30K +$2.6M
CTRI Bought more +78K +$2.6M
BLFS Bought more +6K +$2.3M
JHX Bought more +24K +$2.1M
ENTG Trimmed -26K -$1.9M
SOLS Bought more +9K +$1.6M
GIL Bought more +34K +$1.5M
GLNG Bought more +36K +$1.4M
EYE Bought more +135K +$1.2M

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
NVRI June 30, 2026 816,900 $16,027,578 No longer tracked
STVN March 31, 2026 275,565 $5,544,368 45.8%
ALK March 31, 2026 108,980 $5,481,694 6.6%
LSCC March 31, 2026 71,320 $5,247,726 43.2%
TTWO June 30, 2026 25,571 $5,050,273 -18.6%
NFG June 30, 2026 51,880 $4,874,645 -1.1%
WTW March 31, 2026 14,676 $4,822,534 -0.9%
WHD March 31, 2026 105,564 $4,822,164 36.7%
KNX June 30, 2026 82,025 $4,723,000 -16.2%
DCH March 31, 2026 696,536 $4,464,796 -4.7%
FANG June 30, 2026 22,045 $4,360,281 4.7%
BJRI March 31, 2026 103,283 $4,069,350 75.7%
SIMO March 31, 2026 34,770 $3,223,179 151.5%
FOUR March 31, 2026 47,559 $2,994,790 -14.1%
ICLR June 30, 2026 21,700 $2,401,322 -3.1%
DTM June 30, 2026 17,780 $2,394,433 -16.8%
CLH June 30, 2026 8,340 $2,391,328 7.9%
AVO June 30, 2026 168,516 $2,318,780 7.7%
BILL March 31, 2026 32,560 $1,775,822 16.2%