Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +44.0%
S&P 500 total return (same window) +37.0%
Excess return +7.0%

Annualized: +33.9% · 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: 90.3% · Options excluded: 0.0%

Sector breakdown

04
Technology 23.6%
Communication Services 10.2%
Financials 9.1%
Industrials 8.2%
Healthcare 7.6%
Retail 6.3%
Consumer Discretionary 6.1%
Energy 3.0%
Materials 1.6%
Consumer Staples 0.9%
Consumer products 0.7%
Utilities 0.4%
Real Estate 0.4%
Other/Unmapped 21.9%

Full portfolio 317 positions

05
Type Streak 8Q trend
TSLA Tesla, Inc. - Common Stock $28,727,457 4.97% 68,301 $3,571,829 Up ×2
MU Micron Technology, Inc. - Common Stock $26,409,419 4.57% 22,879 $14,143,284 Down ×4
AMZN Amazon.com, Inc. - Common Stock $22,907,188 3.96% 96,111 $3,925,937 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $22,697,044 3.93% 64,238 $4,293,266 Up ×1
NVDA NVIDIA Corporation - Common Stock $16,052,273 2.78% 80,225 $3,358,012 Up ×2
META Meta Platforms, Inc. - Class A Common Stock $13,866,631 2.40% 24,617 $-53,557 Up ×5
KLAC KLA Corporation - Common Stock $13,115,334 2.27% 43,470 $6,708,878 Up ×1
KAT Scharf ETF $11,241,050 1.94% 207,937 $-308,864 Down ×3
FDD First Trust Exchange-Traded Fund II $10,018,965 1.73% 540,106 $169,713 Down ×4
AMD Advanced Micro Devices, Inc. - Common Stock $9,191,523 1.59% 15,823 $5,904,577 Down ×1
GOOGL Alphabet Inc. - Class A Common Stock $9,117,629 1.58% 25,513 $1,895,352 Up ×2
CCJ Cameco Corporation Common Stock $8,568,414 1.48% 84,120 $-375,567 Up ×1
GS Goldman Sachs Group, Inc. (The) Common Stock $8,387,043 1.45% 8,293 $1,386,466 Up ×1
MSFT Microsoft Corporation - Common Stock $8,226,111 1.42% 22,053 $459,641 Up ×2
PLTR Palantir Technologies Inc. - Class A Common Stock $6,975,429 1.21% 59,788 $-1,310,555 Up ×1
JPM JP Morgan Chase & Co. Common Stock $6,590,347 1.14% 20,134 $760,992 Up ×5
VTV VANGUARD INDEX FUNDS $6,569,300 1.14% 30,144 $663,812 Up ×2
RKLB Rocket Lab Corporation - Common Stock $5,091,758 0.88% 50,091 $1,014,746 Down ×2
FCX Freeport-McMoRan, Inc. Common Stock $5,047,680 0.87% 80,262 $418,349 Up ×3
AAPL Apple Inc. - Common Stock $4,823,220 0.83% 16,669 $210,759 Down ×1
DAL Delta Air Lines, Inc. Common Stock $4,773,678 0.83% 50,968 $1,393,623 Up ×2
PANW Palo Alto Networks, Inc. - Common Stock $4,680,483 0.81% 13,725 $2,529,638 Up ×2
DSL DoubleLine Income Solutions Fund Common Shares of Beneficial Interests $4,677,832 0.81% 422,950 $-324,514 Down ×1
SNOW Snowflake Inc. Common Stock $4,543,448 0.79% 17,852 $1,801,925 Down ×1
SOXX iShares Trust $4,356,215 0.75% 6,799 $1,929,807 Down ×3
ABCL AbCellera Biologics Inc. - Common Shares $4,329,925 0.75% 551,583 $2,424,096 Up ×2
DBL DoubleLine Opportunistic Credit Fund Common Shares of Beneficial Interest $4,245,619 0.73% 295,245 $130,623 Up ×1
VRNS Varonis Systems, Inc. - Common Stock $4,094,289 0.71% 97,576 $1,999,332
RSP Invesco Exchange-Traded Fund Trust $3,759,250 0.65% 17,668 $425,534 Up ×6
ARCC Ares Capital Corporation - Closed End Fund $3,601,962 0.62% 194,385 $503,025 Up ×6
V Visa Inc. $3,599,476 0.62% 10,491 $637,848 Up ×2
ISRG Intuitive Surgical, Inc. - Common Stock $3,546,113 0.61% 8,917 $-265,813 Up ×6
XLE SELECT SECTOR SPDR TRUST $3,538,063 0.61% 66,618 $-544,923 Down ×1
GBTC Grayscale Bitcoin Trust (BTC) $3,478,893 0.60% 76,426 $-555,638 Down ×1
SHOP Shopify Inc. - Class A Subordinate Voting Shares $3,471,850 0.60% 30,407 $528,749 Up ×2
BCX BlackRock Resources Common Shares of Beneficial Interest $3,461,026 0.60% 306,015 $-433,986 Down ×2
LMT Lockheed Martin Corporation Common Stock $3,428,375 0.59% 6,729 $-650,995 Down ×2
VYM VANGUARD WHITEHALL FUNDS $3,373,940 0.58% 21,350 $212,005
AVAV AeroVironment, Inc. - Common Stock $3,146,399 0.54% 19,061 $-204,697 Up ×4
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $3,102,918 0.54% 6,201 $131,399
VTI VANGUARD INDEX FUNDS $2,950,918 0.51% 7,975 $362,202 Down ×1
ABBV AbbVie Inc. Common Stock $2,917,812 0.50% 11,595 $572,300 Up ×6
VO VANGUARD INDEX FUNDS $2,821,768 0.49% 35,023 $308,566 Up ×4
AVGO Broadcom Inc. - Common Stock $2,807,816 0.49% 7,433 $448,112 Down ×1
NEA Nuveen AMT-Free Quality Municipal Income Fund Common Shares of Beneficial Interest Par Value $.01 $2,807,063 0.49% 237,833 $506,530 Up ×4
IBM International Business Machines Corporation Common Stock $2,758,633 0.48% 9,810 $1,150,269 Up ×2
DB Deutsche Bank AG Common Stock $2,712,177 0.47% 80,337 $293,088 Down ×1
QCOM QUALCOMM Incorporated - Common Stock $2,705,513 0.47% 14,641 $274,787 Down ×1
VBR VANGUARD INDEX FUNDS $2,689,194 0.47% 11,067 $310,721 Up ×2
CAT Caterpillar, Inc. Common Stock $2,685,678 0.46% 2,522 $842,265 Down ×3
BBN BlackRock Taxable Municipal Bond Trust Common Shares of Beneficial Interest $2,666,174 0.46% 164,884 $139,821 Up ×1
HIMS Hims & Hers Health, Inc. Class A Common Stock $2,587,526 0.45% 74,633 $1,010,534 Down ×1
ACHR Archer Aviation Inc. Class A Common Stock $2,555,600 0.44% 540,296 $-232,560 Up ×2
BAC Bank of America Corporation Common Stock $2,515,283 0.44% 44,143 $324,922 Down ×4
XLV SELECT SECTOR SPDR TRUST $2,488,784 0.43% 15,686 $729,147 Up ×5
IBB iShares Trust $2,463,022 0.43% 12,950 $251,089 Down ×2
CORT Corcept Therapeutics Incorporated - Common Stock $2,434,600 0.42% 28,000 $1,184,990 Down ×1
WMT Walmart Inc. - Common Stock $2,398,247 0.41% 21,175 $-191,760 Up ×1
AXP American Express Company Common Stock $2,371,471 0.41% 7,011 $245,642 Down ×1
GLD SPDR Gold Shares $2,312,685 0.40% 6,278 $-312,509 Up ×1
LLY Eli Lilly and Company Common Stock $2,300,942 0.40% 1,918 $713,210 Up ×4
VST Vistra Corp. Common Stock $2,275,931 0.39% 14,347 Up ×1
NOW ServiceNow, Inc. Common Stock $2,259,666 0.39% 22,761 $913,480 Up ×3
IGV iShares Trust $2,243,434 0.39% 24,762 $952,282 Up ×2
DIS Walt Disney Company (The) Common Stock $2,223,995 0.38% 22,928 $-17,686 Down ×3
ET Energy Transfer LP Common Units $2,207,027 0.38% 115,430 $-1,420 Up ×3
VOO VANGUARD INDEX FUNDS $2,152,465 0.37% 3,134 $317,148 Up ×2
INTC Intel Corporation - Common Stock $2,135,357 0.37% 15,293 $1,332,501 Down ×3
VRT Vertiv Holdings, LLC Class A Common Stock $2,100,326 0.36% 6,273 $114,480 Down ×3
BX Blackstone Inc. Common Stock $2,050,753 0.35% 17,428 $41,974 Down ×2
PEP PepsiCo, Inc. - Common Stock $2,044,847 0.35% 15,102 $-278,588 Up ×3
NFLX Netflix, Inc. - Common Stock $2,018,549 0.35% 28,271 $-752,494 Down ×1
UNP Union Pacific Corporation Common Stock $1,991,626 0.34% 7,322 $192,807 Down ×1
TTE TotalEnergies SE Ordinary Shares $1,952,003 0.34% 25,103 $-374,600 Down ×2
XLF SELECT SECTOR SPDR TRUST $1,948,777 0.34% 36,351 $155,360 Up ×3
CSCO Cisco Systems, Inc. - Common Stock $1,931,772 0.33% 16,446 $681,625 Up ×1
MELI MercadoLibre, Inc. - Common Stock $1,930,331 0.33% 1,137 $806,062 Up ×2
NEM Newmont Corporation $1,920,566 0.33% 20,563 $-445,851 Down ×6
ANET Arista Networks, Inc. Common Stock $1,902,899 0.33% 11,201 $639,713 Up ×3
ASML ASML Holding N.V. - New York Registry Shares $1,828,651 0.32% 919 $652,970 Up ×1
ORCL Oracle Corporation Common Stock $1,828,100 0.32% 12,474 $98,130 Up ×1
ENTG Entegris, Inc. - Common Stock $1,795,003 0.31% 9,980 Up ×1
SPY SPY $1,790,876 0.31% 2,392 $235,487 Up ×3
USMV iShares Trust $1,752,076 0.30% 18,164 $70,428 Up ×1
BABA Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share $1,722,822 0.30% 17,756 $-956,567 Down ×3
OBDC Blue Owl Capital Corporation Common Stock $1,704,789 0.29% 152,486 $-505,704 Down ×1
MA Mastercard Incorporated Common Stock $1,700,961 0.29% 3,312 $253,895 Up ×2
NOC Northrop Grumman Corporation Common Stock $1,685,466 0.29% 3,309 $-512,525 Up ×1
REGN Regeneron Pharmaceuticals, Inc. - Common Stock $1,681,310 0.29% 2,696 $-417,015 Down ×1
NUVB Nuvation Bio Inc. Class A Common Stock $1,666,609 0.29% 293,417 $420,720 Up ×2
NVO Novo Nordisk A/S Common Stock $1,612,251 0.28% 33,631 $694,360 Up ×5
VUG VANGUARD INDEX FUNDS $1,550,723 0.27% 18,002 $244,752 Up ×3
ADBE Adobe Inc. - Common Stock $1,543,178 0.27% 7,527 $-406,474 Down ×1
LRCX Lam Research Corporation - Common Stock $1,542,445 0.27% 3,557 $750,256 Down ×1
DKS Dick's Sporting Goods Inc Common Stock $1,516,225 0.26% 6,685 $182,300
ILMN Illumina, Inc. - Common Stock $1,497,192 0.26% 8,515 $347,792 Down ×6
RTX RTX Corporation Common Stock $1,472,425 0.25% 7,761 $3,346 Up ×4
XBI SPDR SERIES TRUST $1,454,159 0.25% 9,189 $165,491 Down ×4
QQQ Invesco QQQ Trust, Series 1 $1,452,475 0.25% 1,970 $354,397 Up ×2
UNH UnitedHealth Group Incorporated Common Stock (DE) $1,435,367 0.25% 3,453 $524,280 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
META $13,866,631 2.40% up ×5
JPM $6,590,347 1.14% up ×5
FCX $5,047,680 0.87% up ×3
RSP $3,759,250 0.65% up ×6
ARCC $3,601,962 0.62% up ×6
ISRG $3,546,113 0.61% up ×6
AVAV $3,146,399 0.54% up ×4
ABBV $2,917,812 0.50% up ×6
VO $2,821,768 0.49% up ×4
NEA $2,807,063 0.49% up ×4
XLV $2,488,784 0.43% up ×5
LLY $2,300,942 0.40% up ×4
NOW $2,259,666 0.39% up ×3
ET $2,207,027 0.38% up ×3
PEP $2,044,847 0.35% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
VST $2,275,931 14,347 0.39%
ENTG $1,795,003 9,980 0.31%
Unknown issuer (CUSIP: 438516205) $660,057 2,948 0.11%
Unknown issuer (CUSIP: 43849R105) $651,744 2,948 0.11%
MAR $599,244 1,617 0.10%
Unknown issuer (CUSIP: 26614N201) $448,561 3,307 0.08%
LUNR $442,773 20,700 0.08%
MRVL $425,115 1,427 0.07%
XLP $408,260 4,915 0.07%
ARMH $406,911 2,688 0.07%
NKTR $376,974 5,400 0.07%
BBCQ $361,200 35,000 0.06%
STX $353,570 366 0.06%
ATI $346,502 1,758 0.06%
IVES $343,108 9,005 0.06%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
MU Trimmed -13K +$14.1M
KLAC Bought more +39K +$6.7M
AMD Trimmed -335 +$5.9M
GOOG Bought more +82 +$4.3M
AMZN Bought more +5K +$3.9M
TSLA Bought more +633 +$3.6M
NVDA Bought more +7K +$3.4M
PANW Bought more +309 +$2.5M
ABCL Bought more +6K +$2.4M
VRNS Price move only +0 +$2.0M

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
RKLB (filed as RKLBXXXX) June 30, 2025 85,025 $1,520,242 106.7%
AMAT Dec. 31, 2025 6,878 $1,408,133 110.1%
MYD March 31, 2026 132,500 $1,389,925 No longer tracked
HON June 30, 2026 5,966 $1,348,495 -4.4%
UNH June 30, 2025 2,566 $1,344,080 19.2%
PCAR March 31, 2026 10,808 $1,198,692 -5.0%
NKE Dec. 31, 2025 16,359 $1,147,285 -46.8%
CMI Dec. 31, 2025 2,535 $1,070,669 3.5%
KMB Dec. 31, 2025 7,743 $972,535 -6.5%
GD June 30, 2025 3,512 $957,257 13.2%
URI Sept. 30, 2025 1,208 $909,793 13.2%
COR June 30, 2025 3,268 $908,774 3.1%
TGT Dec. 31, 2025 9,952 $892,688 59.6%
ITW Dec. 31, 2025 3,336 $875,244 6.7%
PG June 30, 2025 4,746 $808,798 -9.0%
SYY Dec. 31, 2025 9,579 $788,721 5.2%
ROST June 30, 2025 6,049 $773,009 79.1%
DELL June 30, 2025 8,334 $759,654 358.8%
CAH Sept. 30, 2025 4,424 $743,232 45.5%
MDB June 30, 2026 2,219 $543,145 6.6%
FISV Dec. 31, 2025 4,156 $535,833 -34.0%
BSX March 31, 2026 5,065 $482,948 -32.1%
SH June 30, 2026 12,547 $475,922 -2.7%
APD Sept. 30, 2025 1,675 $472,359 1.8%
OTF June 30, 2026 36,891 $471,840 -7.4%
DD June 30, 2026 9,939 $455,206 -4.2%
MOS Dec. 31, 2025 13,000 $450,840 -12.5%
INTU March 31, 2026 656 $434,660 -35.0%
BIL Dec. 31, 2025 4,500 $412,875
IT Sept. 30, 2025 1,020 $412,304 -29.7%
RELY June 30, 2025 17,750 $369,200 16.0%
PAYC March 31, 2026 2,228 $354,987 81.8%
B March 31, 2026 8,000 $348,400 -1.4%
CHKP June 30, 2025 1,500 $341,880 -41.1%
GSAT Sept. 30, 2025 14,451 $340,321 128.7%
CMCSA Dec. 31, 2025 10,800 $339,336 -23.0%
CFLT March 31, 2026 11,000 $332,640 No longer tracked
APA March 31, 2026 13,300 $325,318 2.9%
SQQQ June 30, 2026 4,000 $321,960
PZC Sept. 30, 2025 49,000 $306,716 No longer tracked
NXPI June 30, 2026 1,538 $304,327 -13.3%
DASH June 30, 2025 1,650 $301,570 -23.3%
RNG Dec. 31, 2025 10,400 $294,736 171.1%
VOO June 30, 2025 573 $294,340
BMNR Dec. 31, 2025 5,550 $288,212 -3.2%
XOM June 30, 2026 1,677 $284,546 20.0%
SLB Sept. 30, 2025 8,187 $278,911 41.8%
VSAT March 31, 2026 7,600 $261,896 57.2%
AEM June 30, 2026 1,269 $257,582 18.4%
DCI Dec. 31, 2025 3,130 $256,186 0.0%
ZM March 31, 2026 2,910 $251,142 15.5%
EPD Sept. 30, 2025 7,750 $240,328 15.7%
FWONK June 30, 2026 2,825 $240,182 -4.1%
AAON Dec. 31, 2025 2,451 $229,021 9.2%
SNN March 31, 2026 6,969 $228,653 -16.9%
ROAD Dec. 31, 2025 1,785 $226,695 -16.1%
PSQ June 30, 2025 5,500 $223,465 -27.2%
AFRM March 31, 2026 2,986 $222,248 54.5%
SH June 30, 2025 4,972 $221,549 -19.1%
RGEN March 31, 2026 1,330 $217,934 54.2%
SLB June 30, 2026 4,200 $217,077 4.8%
MBB Sept. 30, 2025 2,300 $215,947
GRAL March 31, 2026 2,515 $215,259 177.2%
IBIT March 31, 2026 4,241 $210,566
Z March 31, 2026 3,023 $206,210 -33.8%
COP June 30, 2026 1,555 $205,260 21.9%
ARM Dec. 31, 2025 1,449 $205,019 181.3%
ESE Dec. 31, 2025 970 $204,777 40.7%
DSGX March 31, 2026 2,315 $202,933 11.9%
KBWY Dec. 31, 2025 12,700 $202,565
EXPO Sept. 30, 2025 2,705 $202,091 -3.1%
MOS June 30, 2026 7,900 $201,450 -0.6%
BA March 31, 2026 927 $201,270 -2.7%
LIN June 30, 2026 404 $200,287 -7.6%
WULF Sept. 30, 2025 38,000 $166,440 35.6%
PL Dec. 31, 2025 12,500 $162,250 -11.3%
SPDN Sept. 30, 2025 15,000 $156,525
CCC March 31, 2026 12,400 $98,580 9.3%
AFMDQ June 30, 2025 126,414 $91,423 No longer tracked
QNCX Sept. 30, 2025 53,312 $87,965 -91.0%
SNAP March 31, 2026 10,900 $87,963 21.3%
IMTX Sept. 30, 2025 15,500 $83,390 -10.9%
NOK June 30, 2026 10,000 $80,400 -20.2%
NUVBWS March 31, 2026 32,298 $10,658 No longer tracked
GLYC June 30, 2025 45,965 $9,653 No longer tracked
PRTS Sept. 30, 2025 10,550 $7,808 1115.5%
NKTR June 30, 2025 10,000 $6,800 68.7%
QNCX June 30, 2026 53,312 $5,406 60.5%
TBLAW June 30, 2026 63,500 $635 No longer tracked
PXSAW Sept. 30, 2025 24,000 $482 No longer tracked