Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +5.3%
S&P 500 total return (same window) +37.0%
Excess return -31.7%

Annualized: +4.2% · S&P 500: +28.7%

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: 96.5% · Options excluded: 0.0%

Sector breakdown

04
Industrials 30.9%
Retail 16.4%
Financials 11.2%
Healthcare 10.0%
Utilities 8.6%
Materials 8.5%
Technology 7.5%
Consumer products 3.5%
Consumer Staples 3.0%
Energy 0.2%
Consumer Discretionary 0.1%
Communication Services 0.1%
Other/Unmapped 0.2%

Full portfolio 53 positions

05
Type Streak 8Q trend
APH Amphenol Corporation Common Stock $22,564,981 5.51% 127,977 $5,925,646 Down ×6
AAPL Apple Inc. - Common Stock $22,346,064 5.45% 77,226 $2,065,863 Down ×6
AMZN Amazon.com, Inc. - Common Stock $22,019,629 5.37% 92,387 $2,437,611 Down ×4
TJX TJX Companies, Inc. (The) Common Stock $19,616,966 4.79% 129,485 $-1,979,606 Down ×6
COST Costco Wholesale Corporation - Common Stock $16,698,152 4.08% 17,850 $-1,543,308 Down ×6
CTAS Cintas Corporation - Common Stock $16,391,921 4.00% 96,378 $-84,015 Down ×6
SCHW Charles Schwab Corporation (The) Common Stock $15,467,577 3.78% 167,634 $-534,028 Down ×4
V Visa Inc. $15,324,495 3.74% 44,666 $1,637,083 Down ×2
LII Lennox International, Inc. Common Stock $14,796,344 3.61% 25,825 $2,710,205 Down ×2
PG Procter & Gamble Company (The) Common Stock $14,331,668 3.50% 97,734 $-137,913 Down ×2
DOV Dover Corporation Common Stock $13,855,289 3.38% 61,777 $739,428 Down ×2
AMGN Amgen Inc. - Common Stock $13,614,212 3.32% 37,596 $236,746 Down ×2
PKG Packaging Corporation of America Common Stock $12,696,531 3.10% 53,284 $1,249,155 Down ×3
UNP Union Pacific Corporation Common Stock $12,600,302 3.08% 46,325 $1,244,641 Down ×2
WM Waste Management, Inc. Common Stock $12,466,857 3.04% 55,935 $-618,533 Down ×2
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $12,081,477 2.95% 24,144 $341,977 Down ×2
DUK Duke Energy Corporation (Holding Company) Common Stock $11,885,954 2.90% 93,901 $-909,634 Down ×1
WEC WEC Energy Group, Inc. Common Stock $11,740,289 2.87% 100,542 $-21,458 Down ×2
TR Tootsie Roll Industries, Inc. Common Stock $11,677,661 2.85% 295,263 $-698,718 Up ×1
NEE NextEra Energy, Inc. Common Stock $11,447,538 2.79% 130,427 $-773,583 Down ×2
ROL Rollins, Inc. Common Stock $11,127,064 2.72% 266,580 $-3,219,272 Down ×3
RPM RPM International Inc. Common Stock $10,904,718 2.66% 98,108 $1,119,969 Down ×2
APD Air Products and Chemicals, Inc. Common Stock $10,652,391 2.60% 36,334 $52,505 Down ×2
ADP Automatic Data Processing, Inc. - Common Stock $10,649,050 2.60% 47,551 $953,026 Down ×2
VLTO Veralto Corp Common Stock $9,469,431 2.31% 106,782 $-287,807 Down ×3
HSIC Henry Schein, Inc. - Common Stock $9,454,965 2.31% 113,206 $970,031 Down ×2
STE STERIS plc (Ireland) Ordinary Shares $8,240,657 2.01% 39,135 $-696,533 Down ×2
TSCO Tractor Supply Company - Common Stock $8,235,411 2.01% 260,532 $-3,520,592 Up ×1
DHR Danaher Corporation Common Stock $8,039,262 1.96% 42,205 $47,744 Up ×1
INTU Intuit Inc. - Common Stock $7,905,392 1.93% 30,289 $-5,618,316 Down ×1
BRK-A (filed as BRKA) Berkshire Hathaway Inc. Class A $2,246,550 0.55% 3 $92,130
RTX RTX Corporation Common Stock $879,257 0.21% 4,634 $-15,992 Down ×1
SXI Standex International Corporation Common Stock $765,771 0.19% 2,141 $212,470 Down ×1
JNJ Johnson & Johnson Common Stock $731,942 0.18% 2,882 $27,466
B Barrick Mining Corporation Common Shares $706,281 0.17% 19,229 $-78,070
JPM JP Morgan Chase & Co. Common Stock $617,344 0.15% 1,886 $62,558
ETN Eaton Corporation, PLC Ordinary Shares $506,669 0.12% 1,189 $47,778 Down ×1
HD Home Depot, Inc. (The) Common Stock $471,932 0.12% 1,338 $31,835
XOM Exxon Mobil Corporation Common Stock $444,477 0.11% 3,251 $-107,088
CVX Chevron Corporation Common Stock $414,732 0.10% 2,502 $-102,932
UNH UnitedHealth Group Incorporated Common Stock (DE) $409,437 0.10% 985 $114,494 Down ×1
IJH iShares Trust $397,888 0.10% 5,160 $49,433
ABBV AbbVie Inc. Common Stock $355,550 0.09% 1,413 $43,902 Down ×1
DE Deere & Company Common Stock $335,852 0.08% 529 $37,608
MKC McCormick & Company, Incorporated Common Stock $288,150 0.07% 5,715 $-115
PM Philip Morris International Inc Common Stock $267,385 0.07% 1,478 $23,012
AVGO Broadcom Inc. - Common Stock $241,454 0.06% 639 $31,407 Down ×2
SR Spire Inc. Common Stock $237,237 0.06% 3,038 $-37,824
SPY SPY $224,031 0.05% 300
IBM International Business Machines Corporation Common Stock $220,187 0.05% 783
TSLA Tesla, Inc. - Common Stock $212,980 0.05% 506 Up ×1
VZ Verizon Communications Inc. Common Stock $211,404 0.05% 4,993 $-39,245
MSFT Microsoft Corporation - Common Stock $203,001 0.05% 544 Up ×1

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
SPY $224,031 300 0.05%
IBM $220,187 783 0.05%
TSLA $212,980 506 0.05%
MSFT $203,001 544 0.05%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
APH Trimmed -4K +$5.9M
INTU Trimmed -988 -$5.6M
TSCO Bought more +1K -$3.5M
ROL Trimmed -2K -$3.2M
LII Trimmed -215 +$2.7M
AMZN Trimmed -2K +$2.4M
AAPL Trimmed -3K +$2.1M
TJX Trimmed -6K -$2.0M
V Trimmed -621 +$1.6M
COST Trimmed -457 -$1.5M

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
BDX Dec. 31, 2025 34,285 $6,417,123 18.2%
GOOGL June 30, 2025 4,100 $634,024 97.3%
GOOG June 30, 2025 3,862 $603,360 94.3%
XLK June 30, 2025 2,460 $507,888 60.1%
GOLD June 30, 2025 20,429 $397,140 87.4%
IHI June 30, 2025 6,000 $361,140 -17.6%
CLX Dec. 31, 2025 2,217 $273,356 -17.2%
IBM March 31, 2026 783 $231,932 -8.7%
SPY March 31, 2026 300 $204,576 No longer tracked
HON Sept. 30, 2025 860 $200,277 7.3%