Sector breakdown

04
Technology 18.7%
Communication Services 9.9%
Financials 9.4%
Industrials 6.7%
Retail 4.7%
Materials 3.8%
Healthcare 3.8%
Energy 2.4%
Consumer Discretionary 0.1%
Other/Unmapped 40.4%

Full portfolio 61 positions

05
Type Streak 8Q trend
BOND PIMCO Active Bond Exchange-Traded Fund Exchange-Traded Fund $106,623,664 15.45% 1,156,313 $12,533,272 Up ×4
GOOG Alphabet Inc. - Class C Capital Stock $40,669,793 5.89% 115,104 $12,022,361 Up ×2
AAAU Goldman Sachs Physical Gold ETF Shares $39,768,008 5.76% 1,005,004 $31,511,638 Up ×2
V Visa Inc. $36,555,239 5.30% 106,547 $8,557,410 Up ×4
PYLD PIMCO Multisector Bond Active Exchange-Traded Fund $32,207,580 4.67% 1,214,464 Up ×1
NVDA NVIDIA Corporation - Common Stock $31,475,660 4.56% 157,308 $2,112,438 Down ×1
RSG Republic Services, Inc. Common Stock $29,283,285 4.24% 137,429 $3,150,096 Up ×6
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $28,458,450 4.12% 56,873 $4,764,166 Up ×6
MSFT Microsoft Corporation - Common Stock $27,933,523 4.05% 74,885 $4,195,258 Up ×4
META Meta Platforms, Inc. - Class A Common Stock $27,005,365 3.91% 47,942 $3,251,937 Up ×5
LIN Linde plc - Ordinary Shares $26,143,428 3.79% 50,379 $4,385,529 Up ×6
TSM Taiwan Semiconductor Manufacturing Company Ltd. $25,832,153 3.74% 54,091 $3,979,944 Down ×1
ASML ASML Holding N.V. - New York Registry Shares $25,744,265 3.73% 12,940 $10,780,875 Up ×1
AAPL Apple Inc. - Common Stock $18,069,741 2.62% 62,447 $4,101,463 Up ×6
PH Parker-Hannifin Corporation Common Stock $17,150,851 2.49% 17,535 $3,364,597 Up ×1
FHLC FIDELITY COVINGTON TRUST $16,445,984 2.38% 212,893 Up ×1
AMZN Amazon.com, Inc. - Common Stock $16,443,069 2.38% 68,990 $15,965,506 Up ×3
VTI Vanguard Morningstar Total Stock Market ETF $16,125,977 2.34% 43,579 $444,460 Down ×1
AVUS AMERICAN CENTURY ETF TRUST $14,821,583 2.15% 115,721 $3,188,676 Up ×3
MELI MercadoLibre, Inc. - Common Stock $14,558,514 2.11% 8,577 $1,635,819 Up ×6
VRTX Vertex Pharmaceuticals Incorporated - Common Stock $13,394,076 1.94% 26,965 $2,919,364 Up ×6
XOM Exxon Mobil Corporation Common Stock $13,124,685 1.90% 95,997 $-1,865,531 Up ×6
AZN AstraZeneca PLC - American Depositary Shares $12,922,737 1.87% 68,151 Up ×1
DFIP Dimensional ETF Trust $7,787,862 1.13% 188,774 $-231,295 Down ×2
MINT PIMCO ETF Trust $7,783,402 1.13% 77,209 $48,420 Up ×2
SCHF SCHWAB STRATEGIC TRUST $6,561,830 0.95% 236,889 $-165,768 Down ×1
SPY SPY $5,373,766 0.78% 7,196 $396,056 Down ×1
AVDE AMERICAN CENTURY ETF TRUST $4,711,901 0.68% 52,824 $807,819 Up ×3
SCHG SCHWAB STRATEGIC TRUST $4,668,880 0.68% 137,969 $856,836 Up ×3
VOO Vanguard S&P 500 ETF $2,481,269 0.36% 3,613 $-10,022 Down ×1
VEA Vanguard FTSE Developed Markets ETF $1,968,495 0.29% 27,628 $-92,446 Down ×1
PDP Invesco Dorsey Wright Momentum ETF $1,667,664 0.24% 10,991 $-129,254 Down ×1
VLUE iShares MSCI USA Value Factor ETF $1,547,129 0.22% 7,743 $446,152
CQP Cheniere Energy Partners, LP Common Units $1,371,375 0.20% 22,500 $111,090 Up ×1
COST Costco Wholesale Corporation - Common Stock $1,270,167 0.18% 1,358 $-159,276 Down ×1
SNPE Xtrackers S&P 500 Scored & Screened ETF $1,182,464 0.17% 17,172 $284,629 Up ×5
VEU Vanguard FTSE All World Ex US ETF $1,079,873 0.16% 12,894 $105,976 Down ×1
EPD Enterprise Products Partners L.P. Common Stock $778,076 0.11% 21,166 $-96,496 Down ×1
CRGY Crescent Energy Company Class A Common Stock $775,554 0.11% 78,977 $-141,555 Up ×1
SPLV Invesco S&P 500 Low Volatility ETF $749,150 0.11% 10,002 $-439,229 Down ×1
GOOGL Alphabet Inc. - Class A Common Stock $715,523 0.10% 2,002 $-2,802 Down ×6
AOR iShares Trust $715,218 0.10% 10,291 $136,525 Up ×3
MTUM iShares Trust $678,461 0.10% 1,979 $-76,788 Down ×1
VO Vanguard Morningstar Mid-Cap ETF $564,312 0.08% 7,004 $-1,553,066 Down ×1
TSLA Tesla, Inc. - Common Stock $533,506 0.08% 1,268 $59,896 Down ×1
AOM iShares Trust $522,199 0.08% 10,467 $43,478 Up ×3
EFAV iShares Trust $461,705 0.07% 5,264 $-648,075 Down ×1
VWO Vanguard FTSE Emerging Markets ETF $427,261 0.06% 7,158 $-204,043 Down ×1
IDV iShares International Select Dividend ETF $376,309 0.05% 9,083 $-10,263
SCHD SCHWAB STRATEGIC TRUST $354,554 0.05% 11,181 $11,528
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF $316,226 0.05% 5,657 $-89,689 Down ×1
SCHA SCHWAB STRATEGIC TRUST $286,387 0.04% 7,927 $55,882
SCHM SCHWAB STRATEGIC TRUST $285,685 0.04% 7,748 $45,794
SOXX iShares Trust $263,493 0.04% 411 Up ×1
CVX Chevron Corporation Common Stock $250,463 0.04% 1,511 $-88,646 Down ×1
ACN Accenture plc Class A Ordinary Shares (Ireland) $241,414 0.03% 1,940 $-143,269
GLD SPDR Gold Shares $239,815 0.03% 651 $-61,818 Down ×1
ANET Arista Networks, Inc. Common Stock $201,124 0.03% 1,184 Up ×1
UWMC UWM Holdings Corporation Class A Common Stock $59,082 0.01% 25,800 Up ×1
TRX CUSIP: 87283P109 $8,250 0.00% 10,000 $-6,750
DFNS T3 Defense Inc. - Common Stock $5,278 0.00% 30,864 Up ×1

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
BOND $106,623,664 15.45% up ×4
V $36,555,239 5.30% up ×4
RSG $29,283,285 4.24% up ×6
BRK-B (filed as BRKB) $28,458,450 4.12% up ×6
MSFT $27,933,523 4.05% up ×4
META $27,005,365 3.91% up ×5
LIN $26,143,428 3.79% up ×6
AAPL $18,069,741 2.62% up ×6
AMZN $16,443,069 2.38% up ×3
AVUS $14,821,583 2.15% up ×3
MELI $14,558,514 2.11% up ×6
VRTX $13,394,076 1.94% up ×6
XOM $13,124,685 1.90% up ×6
AVDE $4,711,901 0.68% up ×3
SCHG $4,668,880 0.68% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
PYLD $32,207,580 1,214,464 4.67%
FHLC $16,445,984 212,893 2.38%
AZN $12,922,737 68,151 1.87%
SOXX $263,493 411 0.04%
ANET $201,124 1,184 0.03%
UWMC $59,082 25,800 0.01%
DFNS $5,278 30,864 0.00%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
AAAU Bought more +826K +$31.5M
BOND Bought more +137K +$12.5M
GOOG Bought more +15K +$12.0M
ASML Bought more +2K +$10.8M
V Bought more +14K +$8.6M
BRK-B (filed as BRKB) Bought more +7K +$4.8M
LIN Bought more +6K +$4.4M
MSFT Bought more +11K +$4.2M
AAPL Bought more +7K +$4.1M
TSM Trimmed -11K +$4.0M

1 position 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
GOVT June 30, 2025 1,836,810 $42,219,080
NVO March 31, 2026 211,886 $10,780,734 2.1%
XLV Dec. 31, 2025 70,549 $9,818,329 8.1%
ISRG June 30, 2026 20,342 $9,377,459 2.2%
XLV June 30, 2026 63,391 $9,293,755 5.5%
PLTR June 30, 2026 58,737 $8,592,048 62.3%
LLY Sept. 30, 2025 9,063 $7,064,955 49.8%
BRO June 30, 2025 54,348 $6,760,891 -45.0%
IBIT March 31, 2026 130,153 $6,462,100
SCHZ June 30, 2026 154,967 $3,598,334 -3.8%
FNDF June 30, 2026 42,619 $2,085,350
SCHE June 30, 2026 63,247 $2,083,989
IAUM June 30, 2026 44,279 $2,067,829
VUSB June 30, 2026 41,172 $2,049,748
QQQ June 30, 2026 2,972 $1,715,379 1.1%
ITOT June 30, 2026 11,340 $1,615,156 2.4%
JQUA June 30, 2026 22,918 $1,405,332
RPV June 30, 2026 12,807 $1,375,344
FNDC June 30, 2026 28,331 $1,313,425
VOT June 30, 2026 5,081 $1,307,595
VGK June 30, 2026 15,183 $1,251,535
JPIE June 30, 2026 25,352 $1,167,967
DFSV Sept. 30, 2025 37,776 $1,111,748
QUAL June 30, 2026 3,225 $618,587
AGG June 30, 2026 6,161 $611,602
NOW Sept. 30, 2025 576 $592,174 -26.1%
BX June 30, 2026 4,853 $558,088 -5.1%
MUB June 30, 2026 5,221 $554,209
USMV June 30, 2026 5,388 $499,683
IEFA June 30, 2026 5,404 $489,255
JNK June 30, 2026 4,903 $469,315 -4.0%
FNDB June 30, 2026 15,271 $415,371 2.0%
SCHW March 31, 2026 4,013 $400,983 4.2%
HYG June 30, 2026 4,924 $391,753
IMTM June 30, 2026 8,021 $385,168
PDI June 30, 2026 22,013 $376,642 -15.0%
IWB June 30, 2026 1,043 $371,892
DFAU Dec. 31, 2025 6,771 $309,856
DHI June 30, 2026 1,978 $271,421 -18.2%
HD June 30, 2026 812 $267,040 -20.3%
BILZ Dec. 31, 2025 2,591 $262,183
PIE June 30, 2026 9,461 $246,270
BBCP Dec. 31, 2025 33,088 $233,270 46.5%
AVGO March 31, 2026 640 $221,495 17.1%
VB June 30, 2026 812 $212,586
RSP June 30, 2026 1,075 $206,314 -0.8%