INVICTUS PRIVATE WEALTH, LLC

CIK 1939208 · View on SEC EDGAR ↗

Portfolio value QoQ: +14.8% 13F does not disclose cash

Top 10 holdings weight75.38%

Top 25 holdings weight96.76%

Positions above 1%18

Effective number of positions12.2

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 2.34% Est. buys $342,316,835 · sells $40,843,412

Median holding: 6.0 quarters Tracked Q1 2025–Q2 2026 · 80.4% still held

New positions10

Increased36

Decreased33

Closed8

Portfolio value $1.9B #1,666 of 9,337 by 13F value · top 17.8%

Positions 86

As of June 30, 2026 Data as of Q2 2026

Sector breakdown

Technology 10.8%

Retail 5.4%

Communication Services 3.6%

Financials 2.7%

Consumer Discretionary 0.3%

Industrials 0.3%

Energy 0.1%

Health Care 0.1%

Consumer Staples 0.0%

Materials 0.0%

Real Estate 0.0%

Other/Unmapped 76.8%

Full portfolio 86 positions

					Streak
VOO Vanguard S&P 500 ETF	$290,061,154	15.58%	422,331	$42,119,423	Up ×5
QQQ Invesco QQQ Trust, Series 1	$268,596,654	14.43%	364,743	$58,682,048	Up ×6
VUG Vanguard Morningstar Growth ETF	$221,968,998	11.92%	2,576,840	$36,093,887	Up ×6
VO Vanguard Morningstar Mid-Cap ETF	$142,133,134	7.63%	1,764,095	$17,606,965	Up ×6
VTV Vanguard Morningstar Value ETF	$127,765,821	6.86%	586,270	$14,807,595	Up ×6
VB Vanguard Morningstar Small-Cap ETF	$115,319,579	6.19%	380,442	$16,911,119	Up ×6
VWO Vanguard FTSE Emerging Markets ETF	$70,718,921	3.80%	1,184,770	$8,404,679	Up ×6
AAPL Apple Inc. - Common Stock	$57,677,840	3.10%	199,329	$6,667,154	Down ×1
GOOG Alphabet Inc. - Class C Capital Stock	$56,127,531	3.01%	158,853	$10,153,617	Down ×2
NVDA NVIDIA Corporation - Common Stock	$53,233,204	2.86%	266,046	$6,457,025	Down ×1
VHT Vanguard Health Care ETF	$53,039,889	2.85%	177,385	$4,790,911	Up ×3
AVGO Broadcom Inc. - Common Stock	$51,194,191	2.75%	135,524	$8,403,196	Down ×2
XLF SELECT SECTOR SPDR TRUST	$50,649,066	2.72%	944,769	$5,265,941	Up ×6
COST Costco Wholesale Corporation - Common Stock	$49,193,561	2.64%	52,587	$-3,310,328	Down ×1
AMZN Amazon.com, Inc. - Common Stock	$35,159,679	1.89%	147,519	$4,604,179	Up ×3
GS Goldman Sachs Group, Inc. (The) Common Stock	$30,619,227	1.64%	30,275	$4,712,475	Down ×6
MSFT Microsoft Corporation - Common Stock	$21,717,598	1.17%	58,221	$-14,396,420	Down ×1
SPY SPY	$20,678,808	1.11%	27,691	$2,188,896	Down ×2
JPM JP Morgan Chase & Co. Common Stock	$17,349,472	0.93%	53,003	$1,602,499	Down ×6
VGK Vanguard FTSEEuropean ETF	$14,603,877	0.78%	164,941	$2,151,259	Up ×5
WMT Walmart Inc. - Common Stock	$13,976,737	0.75%	123,404	$-1,760,715	Down ×6
INTC Intel Corporation - Common Stock	$13,076,908	0.70%	93,654		Up ×1
LQD iShares Trust	$10,788,223	0.58%	98,911	$1,184,678	Up ×1
AAXJ iShares MSCI All Country Asia ex Japan ETF	$8,741,280	0.47%	73,253	$2,628,598	Up ×2
VOOG Vanguard S&P 500 Growth ETF	$7,198,350	0.39%	87,126	$1,278,284	Up ×1
GOOGL Alphabet Inc. - Class A Common Stock	$5,032,484	0.27%	14,082	$974,734	Down ×1
PFF iShares Preferred and Income Securities ETF	$4,282,229	0.23%	140,447	$690,673	Up ×1
TSLA Tesla, Inc. - Common Stock	$4,125,665	0.22%	9,809
META Meta Platforms, Inc. - Class A Common Stock	$4,048,365	0.22%	7,187	$2,725,379	Up ×3
HYG iShares Trust	$3,663,026	0.20%	45,805	$569,654	Up ×1
BA Boeing Company (The) Common Stock	$2,742,242	0.15%	12,668	$-411,388	Down ×2
TIP iShares TIPS Bond ETF	$2,478,261	0.13%	22,647	$415,743	Up ×2
EEM iShares, Inc.	$2,154,847	0.12%	31,499	$362,498	Down ×1
IJH iShares Trust	$1,534,643	0.08%	19,902	$153,114	Down ×1
IYW iShares U.S. Technology ETF	$1,450,070	0.08%	5,749	$407,086
WEA Western Asset Bond Fund Share of Beneficial Interest	$1,143,757	0.06%	107,395	$40,447	Up ×3
JBL Jabil Inc. Common Stock	$1,031,930	0.06%	2,677	$287,635	Down ×3
HD Home Depot, Inc. (The) Common Stock	$977,629	0.05%	2,772	$28,564	Down ×1
SCHW Charles Schwab Corporation (The) Common Stock	$972,157	0.05%	10,536	$-18,016
TLT iShares 20+ Year Treasury Bond ETF	$965,484	0.05%	11,172	$284,014	Up ×3
VNQ Vanguard Real Estate ETF	$925,535	0.05%	9,598	$392,271	Up ×2
KO Coca-Cola Company (The) Common Stock	$873,327	0.05%	10,746	$59,579	Up ×1
V Visa Inc.	$873,164	0.05%	2,545	$-45,041	Down ×1
XLE SELECT SECTOR SPDR TRUST	$854,912	0.05%	16,097	$-68,538	Up ×1
IBM International Business Machines Corporation Common Stock	$797,230	0.04%	2,835	$44,367	Down ×6
PLTR Palantir Technologies Inc. - Class A Common Stock	$770,489	0.04%	6,604	$-370,495	Down ×4
TEI Templeton Emerging Markets Income Fund, Inc. Common Stock	$764,152	0.04%	113,376	$82,761
BHP BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares)	$763,786	0.04%	9,168	$96,906
VYM Vanguard High Dividend Yield ETF	$758,070	0.04%	4,797	$40,822	Down ×6
PANW Palo Alto Networks, Inc. - Common Stock	$744,106	0.04%	2,182	$399,578	Up ×1
VFH Vanguard Financials ETF	$735,381	0.04%	5,588	$55,583	Down ×4
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF	$726,290	0.04%	7,531	$271,105	Up ×2
NFLX Netflix, Inc. - Common Stock	$690,081	0.04%	9,665	$-415,163	Down ×1
CVX Chevron Corporation Common Stock	$681,937	0.04%	4,114	$479,483	Up ×1
NDAQ Nasdaq, Inc. - Common Stock	$673,911	0.04%	8,550	$-51,899
MAR Marriott International - Class A Common Stock	$634,450	0.03%	1,712	$48,341	Down ×1
XLI SELECT SECTOR SPDR TRUST	$629,226	0.03%	3,397	$244,632	Up ×1
RTX RTX Corporation Common Stock	$617,002	0.03%	3,252	$-7,801	Up ×1
GLD SPDR Gold Shares	$613,721	0.03%	1,666		Up ×1
XLV SELECT SECTOR SPDR TRUST	$586,407	0.03%	3,696		Up ×1
ORCL Oracle Corporation Common Stock	$549,563	0.03%	3,750	$16,102	Up ×2
VEA Vanguard FTSE Developed Markets ETF	$530,172	0.03%	7,441		Up ×1
TJX TJX Companies, Inc. (The) Common Stock	$528,887	0.03%	3,491	$-44,755	Down ×1
IWF iShares Russell 1000 Growth Fund	$523,997	0.03%	4,220	$106,125	Up ×1
GBAB Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Common Shares of Beneficial Interest	$473,175	0.03%	32,723	$205,563	Up ×3
BSV VANGUARD BOND INDEX FUNDS	$449,229	0.02%	5,766	$147,899	Up ×2
VXF Vanguard Extended Market ETF	$444,163	0.02%	1,804	$72,900
CSCO Cisco Systems, Inc. - Common Stock	$420,272	0.02%	3,578	$177,027	Up ×1
VBK Vanguard Morningstar Small-Cap Growth ETF	$401,904	0.02%	1,099	$70,033	Up ×1
IDXX IDEXX Laboratories, Inc. - Common Stock	$368,508	0.02%	700	$-81,004	Down ×1
UNH UnitedHealth Group Incorporated Common Stock (DE)	$348,298	0.02%	838	$122,687	Up ×1
AFL AFLAC Incorporated Common Stock	$345,301	0.02%	2,945	$16,500	Down ×6
EPD Enterprise Products Partners L.P. Common Stock	$330,840	0.02%	9,000	$-21,072	Down ×1
TXRH Texas Roadhouse, Inc. - Common Stock	$310,907	0.02%	1,609	$38,591	Down ×3
IEMG iShares, Inc.	$300,295	0.02%	3,625		Up ×1
LLY Eli Lilly and Company Common Stock	$291,461	0.02%	243	$76,224	Up ×2
MSTR Strategy Inc - Class A Common Stock	$285,130	0.02%	3,280	$-311,414	Down ×1
J Jacobs Solutions Inc. Common Stock	$277,200	0.01%	2,200	$-28,272	Down ×1
CDNS Cadence Design Systems, Inc. - Common Stock	$267,228	0.01%	712	$62,438	Down ×3
QCOM QUALCOMM Incorporated - Common Stock	$254,086	0.01%	1,375
VTI Vanguard Morningstar Total Stock Market ETF	$247,553	0.01%	669	$12,567	Down ×1
JHI John Hancock Investors Trust Common Stock	$240,143	0.01%	18,029		Up ×1
AMT American Tower Corporation (REIT) Common Stock	$233,087	0.01%	1,425	$-43,041	Down ×1
MANH Manhattan Associates, Inc. - Common Stock	$232,965	0.01%	1,673	$10,255
PAG Penske Automotive Group, Inc. Common Stock	$227,803	0.01%	1,273
ITA iShares U.S. Aerospace & Defense ETF	$218,178	0.01%	900
No matches

Conviction holdings

Positions increased for 3+ consecutive quarters.

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

Security	Value	% of portfolio	Streak
VOO	$290,061,154	15.58%	up ×5
QQQ	$268,596,654	14.43%	up ×6
VUG	$221,968,998	11.92%	up ×6
VO	$142,133,134	7.63%	up ×6
VTV	$127,765,821	6.86%	up ×6
VB	$115,319,579	6.19%	up ×6
VWO	$70,718,921	3.80%	up ×6
VHT	$53,039,889	2.85%	up ×3
XLF	$50,649,066	2.72%	up ×6
AMZN	$35,159,679	1.89%	up ×3
VGK	$14,603,877	0.78%	up ×5
META	$4,048,365	0.22%	up ×3
WEA	$1,143,757	0.06%	up ×3
TLT	$965,484	0.05%	up ×3
GBAB	$473,175	0.03%	up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
INTC	$13,076,908	93,654	0.70%
TSLA	$4,125,665	9,809	0.22%
GLD	$613,721	1,666	0.03%
XLV	$586,407	3,696	0.03%
VEA	$530,172	7,441	0.03%
IEMG	$300,295	3,625	0.02%
QCOM	$254,086	1,375	0.01%
JHI	$240,143	18,029	0.01%
PAG	$227,803	1,273	0.01%
ITA	$218,178	900	0.01%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
QQQ	Bought more	+1K	+$58.7M
VOO	Bought more	+7K	+$42.1M
VUG	Bought more	+2.2M	+$36.1M
VO	Bought more	+1.3M	+$17.6M
VB	Bought more	+5K	+$16.9M
VTV	Bought more	+11K	+$14.8M
MSFT	Trimmed	-39K	-$14.4M
GOOG	Trimmed	-1K	+$10.2M
VWO	Bought more	+32K	+$8.4M
AVGO	Trimmed	-3K	+$8.4M

Exited positions

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.

Security	Quarter	Shares before	Value before	Price since exit
XOM	June 30, 2026	107,608	$18,256,773	19.4%
UBER	Dec. 31, 2025	80,175	$7,854,745	-14.9%
AMD	June 30, 2025	45,167	$4,640,458	343.9%
DELL	Dec. 31, 2025	24,855	$3,523,693	340.8%
RBLX	June 30, 2026	14,300	$808,808	-20.6%
BGB	June 30, 2025	56,339	$680,580	-8.8%
PCH	Sept. 30, 2025	15,400	$590,898	No longer tracked
GBAB	June 30, 2025	21,517	$334,589	-17.1%
VGT	June 30, 2026	465	$324,440	7.7%
DIS	June 30, 2026	3,326	$320,598	6.3%
KLAC	Sept. 30, 2025	300	$268,722	-81.4%
PTLC	March 31, 2026	4,815	$267,618
OKE	Sept. 30, 2025	3,244	$264,808	20.5%
PATH	Sept. 30, 2025	20,000	$256,000	-2.4%
QCOM	March 31, 2026	1,416	$242,207	41.8%
IBTA	March 31, 2026	10,524	$239,211	40.1%
ITA	Dec. 31, 2025	1,075	$225,011	-3.2%
STE	June 30, 2026	1,000	$221,130	-0.3%
LLY	June 30, 2025	265	$218,866	47.9%
FMHI	Sept. 30, 2025	4,668	$217,996
PAG	March 31, 2026	1,375	$217,649	35.1%
EPD	Sept. 30, 2025	6,974	$216,264	16.4%
VEEV	Dec. 31, 2025	706	$210,324	24.3%
OKE	June 30, 2026	2,300	$207,897	1.1%
BX	June 30, 2026	1,757	$202,037	-7.0%
MCO	March 31, 2026	395	$201,786	1.5%
PIM	June 30, 2026	42,845	$140,103	-7.7%