Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +95.2%
S&P 500 total return (same window) +37.0%
Excess return +58.2%

Annualized: +70.8% · 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: 96.0% · Options excluded: 0.0%

Sector breakdown

04
Technology 49.1%
Industrials 15.7%
Communication Services 13.2%
Healthcare 6.4%
Retail 5.4%
Financials 2.5%
Materials 1.5%
Real Estate 0.9%
Energy 0.6%
Utilities 0.4%
Consumer products 0.2%
Consumer Staples 0.1%
Consumer Discretionary 0.1%
Other/Unmapped 3.8%

Full portfolio 138 positions

05
Type Streak 8Q trend
MU Micron Technology, Inc. - Common Stock $104,883,407 14.59% 90,864 $69,859,534 Down ×2
NVDA NVIDIA Corporation - Common Stock $42,033,884 5.85% 210,075 $5,840,102 Up ×3
AAPL Apple Inc. - Common Stock $33,498,284 4.66% 115,767 $3,885,365 Down ×1
GOOGL Alphabet Inc. - Class A Common Stock $30,604,815 4.26% 85,639 $14,255,187 Up ×1
AVGO Broadcom Inc. - Common Stock $28,199,038 3.92% 74,650 $4,995,383 Down ×2
COHR Coherent Corp. Common Stock $25,272,115 3.51% 64,066 $9,456,400 Down ×2
LLY Eli Lilly and Company Common Stock $22,635,643 3.15% 18,872 $5,561,952 Up ×3
LITE Lumentum Holdings Inc. - Common Stock $21,009,599 2.92% 24,485 $3,364,701 Down ×2
KLAC KLA Corporation - Common Stock $20,685,238 2.88% 68,560 $10,583,033 Up ×3
AMZN Amazon.com, Inc. - Common Stock $19,841,360 2.76% 83,248 $5,997,834 Up ×1
LRCX Lam Research Corporation - Common Stock $17,942,462 2.50% 41,406 $9,931,708 Up ×3
MSFT Microsoft Corporation - Common Stock $16,608,609 2.31% 44,525 $8,297,055 Up ×1
CAT Caterpillar, Inc. Common Stock $16,554,935 2.30% 15,546 $5,884,819 Up ×3
VRT Vertiv Holdings, LLC Class A Common Stock $15,316,341 2.13% 45,745 $3,844,287 Down ×3
CSCO Cisco Systems, Inc. - Common Stock $14,855,159 2.07% 126,470 $5,008,000 Down ×1
GLW Corning Incorporated Common Stock $14,404,975 2.00% 56,395 $7,054,437 Up ×2
ANET Arista Networks, Inc. Common Stock $13,589,211 1.89% 79,993 $4,357,874 Up ×2
PANW Palo Alto Networks, Inc. - Common Stock $12,557,038 1.75% 36,822 $8,931,081 Up ×1
AMAT Applied Materials, Inc. - Common Stock $12,191,949 1.70% 16,863 $10,032,178 Up ×1
GEV GE Vernova Inc. Common Stock $11,029,586 1.53% 9,388 $3,112,383 Up ×1
ARM Arm Holdings plc - American Depositary Shares $10,005,256 1.39% 28,218 $5,736,437
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $9,172,649 1.28% 18,331 $380,287 Down ×5
SPY SPY $9,049,004 1.26% 12,118 $1,017,103 Down ×2
LIN Linde plc - Ordinary Shares $8,864,014 1.23% 17,081 $234,320 Down ×1
TJX TJX Companies, Inc. (The) Common Stock $8,772,153 1.22% 57,902 $414,573 Up ×4
CDNS Cadence Design Systems, Inc. - Common Stock $8,304,330 1.15% 22,126 $4,692,020 Up ×1
HWM Howmet Aerospace Inc. Common Stock $8,012,566 1.11% 29,802 $1,472,342 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $7,237,172 1.01% 20,483 $1,348,580 Down ×1
COST Costco Wholesale Corporation - Common Stock $6,462,087 0.90% 6,908 $-396,192 Up ×2
DELL Dell Technologies Inc. Class C Common Stock $6,416,673 0.89% 14,872 $5,724,044 Up ×1
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $6,085,278 0.85% 7,974
ASML ASML Holding N.V. - New York Registry Shares $5,102,914 0.71% 2,565 $1,881,410 Up ×2
ITA iShares Trust $4,854,945 0.68% 20,027 $473,382 Down ×1
IBM International Business Machines Corporation Common Stock $4,681,584 0.65% 16,648
NET Cloudflare, Inc. Class A Common Stock $4,629,905 0.64% 18,876 $583,990 Down ×2
CVS CVS Health Corporation Common Stock $4,504,730 0.63% 43,545 Up ×1
MRK Merck & Company, Inc. Common Stock (new) $4,457,151 0.62% 34,686 $250,971 Down ×1
GE GE Aerospace Common Stock $4,451,124 0.62% 11,910 $808,085 Down ×1
AMKR Amkor Technology, Inc. - Common Stock $4,154,993 0.58% 48,185 $865,551 Down ×2
QQQM Invesco NASDAQ 100 ETF $4,131,892 0.57% 13,638 $869,539 Down ×2
TSM Taiwan Semiconductor Manufacturing Company Ltd. $3,971,950 0.55% 8,317 $1,299,779 Up ×2
ABBV AbbVie Inc. Common Stock $3,665,388 0.51% 14,566 $329,744 Down ×1
INTC Intel Corporation - Common Stock $3,497,034 0.49% 25,045 Up ×1
APH Amphenol Corporation Common Stock $3,414,437 0.47% 19,365 Up ×1
EQIX Equinix, Inc. - Common Stock $3,407,573 0.47% 3,269 Up ×1
CIEN Ciena Corporation Common Stock $2,915,398 0.41% 5,943 $231,564 Down ×1
FN Fabrinet Ordinary Shares $2,809,276 0.39% 4,998 $-730,280 Down ×2
V Visa Inc. $2,591,359 0.36% 7,553 $304,611 Down ×2
BE Bloom Energy Corporation Class A Common Stock $2,429,168 0.34% 8,025 Up ×1
NFLX Netflix, Inc. - Common Stock $2,380,904 0.33% 33,346 $-938,194 Down ×2
TMO Thermo Fisher Scientific Inc Common Stock $2,113,232 0.29% 4,215 $-116,840 Down ×2
JNJ Johnson & Johnson Common Stock $1,972,585 0.27% 7,767 $-2,174,584 Down ×1
WMT Walmart Inc. - Common Stock $1,951,017 0.27% 17,226 $-203,501 Down ×1
XLK SELECT SECTOR SPDR TRUST $1,867,096 0.26% 9,800 $513,775 Down ×1
MA Mastercard Incorporated Common Stock $1,854,610 0.26% 3,611 $47,340 Down ×2
DHR Danaher Corporation Common Stock $1,763,845 0.25% 9,260 $-2,848 Down ×2
MRVL Marvell Technology, Inc. - Common Stock $1,687,845 0.23% 5,666 $1,147,428 Up ×1
DDOG Datadog, Inc. - Class A Common Stock $1,674,375 0.23% 6,431
ETR Entergy Corporation Common Stock $1,371,543 0.19% 11,941 $32,324 Up ×1
TRP TC Energy Corporation Common Stock $1,360,066 0.19% 20,542 $77,889 Up ×3
QQQ Invesco QQQ Trust, Series 1 $1,290,867 0.18% 1,753 $374,339 Up ×1
VOO VANGUARD INDEX FUNDS $1,234,820 0.17% 1,798 $177,741 Up ×2
TT Trane Technologies plc $1,229,865 0.17% 2,504 $186,348
DFH Dream Finders Homes, Inc. Class A Common Stock $1,199,570 0.17% 69,500 $232,130
WELL Welltower Inc. Common Stock $1,156,639 0.16% 5,096 $144,166 Down ×1
SNPS Synopsys, Inc. - Common Stock $1,153,091 0.16% 2,585 $548,063 Up ×1
BHP BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) $1,108,356 0.15% 13,304 $153,716 Up ×2
RTX RTX Corporation Common Stock $1,079,753 0.15% 5,691 $-375,678 Down ×1
CFG Citizens Financial Group, Inc. Common Stock $1,067,306 0.15% 15,232 $387,846 Up ×1
AEP American Electric Power Company, Inc. - Common Stock $1,058,225 0.15% 7,735 $44,321
LHX L3Harris Technologies, Inc. Common Stock $1,047,868 0.15% 3,606 $-195,362 Up ×3
AGX Argan, Inc. Common Stock $1,047,698 0.15% 1,312 $202,946 Down ×1
BRX Brixmor Property Group Inc. Common Stock $1,043,990 0.15% 33,111 $434,611 Up ×1
SYK Stryker Corporation Common Stock $985,449 0.14% 3,130 $-67,682 Down ×4
RVLV Revolve Group, Inc. Class A Common Stock $957,649 0.13% 41,837 $24,150 Up ×1
CRVS Corvus Pharmaceuticals, Inc. - Common Stock $952,769 0.13% 63,773 $19,770
CALX Calix, Inc Common Stock $933,000 0.13% 25,000 $-291,750
KO Coca-Cola Company (The) Common Stock $875,440 0.12% 10,772 $71,744 Up ×1
HII Huntington Ingalls Industries, Inc. Common Stock $873,817 0.12% 3,122 $-1,219,812 Down ×1
CDW CDW Corporation - Common Stock $871,265 0.12% 6,195 Up ×1
WDC Western Digital Corporation - Common Stock $860,995 0.12% 1,348 $477,711 Down ×1
ING ING Group, N.V. Common Stock $834,018 0.12% 26,578 $418,468 Up ×1
IVV iShares Trust $821,532 0.11% 1,097 $146,766 Up ×1
ECL Ecolab Inc. Common Stock $788,745 0.11% 2,831 $-19,424 Down ×1
VLY Valley National Bancorp - Common Stock $785,973 0.11% 53,650 $587,369 Up ×1
WMB Williams Companies, Inc. (The) Common Stock $770,831 0.11% 10,369 $10,571 Down ×1
T AT&T Inc. $749,884 0.10% 36,226 $-1,890,824 Down ×4
JCI Johnson Controls International plc Ordinary Share $685,840 0.10% 4,694
HD Home Depot, Inc. (The) Common Stock $680,848 0.09% 1,930 $-37,941 Down ×1
TENB Tenable Holdings, Inc. - Common Stock $675,678 0.09% 18,321 Up ×1
XOM Exxon Mobil Corporation Common Stock $673,756 0.09% 4,928 $-103,456 Up ×1
IWM iShares Trust $666,699 0.09% 2,219 $303,379 Up ×2
AMD Advanced Micro Devices, Inc. - Common Stock $636,677 0.09% 1,096 $434,061 Up ×2
VTI VANGUARD INDEX FUNDS $632,835 0.09% 1,710 $84,286
VLO Valero Energy Corporation Common Stock $627,921 0.09% 2,411 $414,444 Up ×1
MMM 3M Company Common Stock $610,401 0.08% 3,770 $-418,118 Down ×4
WAL Western Alliance Bancorporation Common Stock (DE) $593,813 0.08% 7,224 $62,934 Down ×6
NVS Novartis AG Common Stock $570,931 0.08% 3,643 $21,031 Up ×2
MGK VANGUARD WORLD FUND $550,317 0.08% 6,260 $90,282 Up ×1
BMY Bristol-Myers Squibb Company Common Stock $546,814 0.08% 9,490 $-3,171,638 Down ×1

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
NVDA $42,033,884 5.85% up ×3
LLY $22,635,643 3.15% up ×3
KLAC $20,685,238 2.88% up ×3
LRCX $17,942,462 2.50% up ×3
CAT $16,554,935 2.30% up ×3
TJX $8,772,153 1.22% up ×4
TRP $1,360,066 0.19% up ×3
LHX $1,047,868 0.15% up ×3
HPE $528,743 0.07% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
CRWD $6,085,278 7,974 0.85%
IBM $4,681,584 16,648 0.65%
CVS $4,504,730 43,545 0.63%
INTC $3,497,034 25,045 0.49%
APH $3,414,437 19,365 0.47%
EQIX $3,407,573 3,269 0.47%
BE $2,429,168 8,025 0.34%
DDOG $1,674,375 6,431 0.23%
CDW $871,265 6,195 0.12%
JCI $685,840 4,694 0.10%
TENB $675,678 18,321 0.09%
JPM $433,712 1,325 0.06%
DLR $393,999 2,194 0.05%
THC $346,659 1,853 0.05%
TXN $336,819 1,130 0.05%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
MU Trimmed -13K +$69.9M
GOOGL Bought more +29K +$14.3M
KLAC Bought more +62K +$10.6M
LRCX Bought more +4K +$9.9M
COHR Trimmed -2K +$9.5M
PANW Bought more +14K +$8.9M
MSFT Bought more +22K +$8.3M
GLW Bought more +2K +$7.1M
AMZN Bought more +17K +$6.0M
CAT Bought more +485 +$5.9M

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
CYBR March 31, 2026 23,603 $10,528,354 No longer tracked
CRWD March 31, 2026 12,868 $6,032,004 -30.8%
SAP Sept. 30, 2025 19,188 $5,835,071 -21.9%
TRMB March 31, 2026 56,404 $4,419,253 -11.8%
DOW June 30, 2026 104,434 $4,349,676 2.2%
CEG March 31, 2026 12,087 $4,269,974 -7.8%
IGV Dec. 31, 2025 35,192 $4,047,432 0.3%
CLS March 31, 2026 12,754 $3,777,774 37.5%
SPOT March 31, 2026 6,008 $3,488,906 -2.5%
CRDO March 31, 2026 22,914 $3,297,095 132.9%
CHRW June 30, 2026 17,939 $2,979,130 -16.3%
JBHT March 31, 2026 14,853 $2,886,532 10.5%
GILD June 30, 2026 18,785 $2,618,121 14.6%
BA Dec. 31, 2025 11,778 $2,542,046 -10.9%
DLR Dec. 31, 2025 14,189 $2,452,994 15.4%
FCX March 31, 2026 44,961 $2,283,569 22.6%
IJH June 30, 2026 33,170 $2,239,970 -5.3%
HWM June 30, 2025 15,905 $2,063,356 24.3%
MOS June 30, 2025 68,917 $1,861,448 -42.2%
MP March 31, 2026 35,253 $1,780,982 -2.7%
FCX June 30, 2025 44,883 $1,699,270 66.2%
PNC June 30, 2025 9,011 $1,583,863 18.6%
BMY June 30, 2025 24,953 $1,521,883 32.1%
BABA June 30, 2025 9,702 $1,282,895 -6.7%
VST March 31, 2026 7,549 $1,217,880 -6.9%
EQT Sept. 30, 2025 20,224 $1,179,464 -7.8%
BX March 31, 2026 6,360 $980,330 -2.8%
QCOM Sept. 30, 2025 6,049 $963,364 11.1%
TYL Dec. 31, 2025 1,825 $954,767 -28.9%
MCHP Dec. 31, 2025 14,293 $917,896 27.6%
DVAX March 31, 2026 59,385 $913,341 No longer tracked
JPM June 30, 2025 3,524 $864,437 14.6%
TPG Dec. 31, 2025 14,483 $832,048 -30.0%
IBM Sept. 30, 2025 2,782 $820,078 -21.1%
NWG March 31, 2026 44,524 $779,170 18.6%
KNTK June 30, 2025 14,790 $768,193 19.3%
GILD Sept. 30, 2025 6,850 $759,504 30.4%
BSX Dec. 31, 2025 7,272 $709,965 -55.3%
TMUS June 30, 2026 3,359 $705,491 -2.4%
ARES March 31, 2026 4,360 $704,707 7.7%
CFR June 30, 2025 5,262 $658,802 20.6%
BAC March 31, 2026 11,832 $650,760 10.3%
TRS June 30, 2026 18,000 $646,920 -13.1%
SHY June 30, 2026 7,815 $645,285
JCI June 30, 2025 8,050 $644,886 47.9%
HON June 30, 2026 2,737 $618,644 -4.4%
QCOM March 31, 2026 3,586 $613,385 43.6%
PG Sept. 30, 2025 3,848 $613,090 -5.7%
IRM Dec. 31, 2025 5,999 $611,538 36.7%
BAM March 31, 2026 11,264 $590,859 0.9%
GLD June 30, 2026 1,364 $586,916
TTD Sept. 30, 2025 8,000 $575,920 -75.6%
ALAB March 31, 2026 3,461 $575,772 219.6%
UAL March 31, 2026 5,029 $562,343 22.2%
XEL March 31, 2026 7,091 $523,741 -10.1%
EZU Sept. 30, 2025 8,672 $515,550
LOW June 30, 2026 2,164 $511,310 -18.0%
DDOG March 31, 2026 3,693 $502,211 134.8%
CRC Dec. 31, 2025 9,443 $502,179 17.3%
CRM Sept. 30, 2025 1,841 $502,022 -1.0%
STEP Dec. 31, 2025 7,486 $488,911 -29.5%
SPG June 30, 2025 2,904 $482,296 25.0%
NEM June 30, 2026 4,312 $466,774 23.7%
GWRE Dec. 31, 2025 2,027 $465,926 -24.3%
PD March 31, 2026 35,169 $461,066 147.0%
PANW Sept. 30, 2025 2,194 $448,980 98.0%
SPGI Sept. 30, 2025 834 $439,760 -20.6%
EWG March 31, 2026 10,147 $431,248
AVY March 31, 2026 2,360 $429,237 -1.6%
INDA March 31, 2026 7,905 $427,265
SSNC March 31, 2026 4,699 $410,787 16.2%
REGN June 30, 2026 527 $407,181 17.9%
GDX June 30, 2026 4,354 $399,567 16.3%
MS Sept. 30, 2025 2,741 $386,097 19.7%
BBY Sept. 30, 2025 5,738 $385,192 16.3%
PLTR Dec. 31, 2025 2,062 $376,150 6.2%
IEMG June 30, 2025 6,873 $370,936
GDX June 30, 2025 8,000 $367,760 68.6%
SLV June 30, 2025 11,256 $348,823 66.8%
ICE June 30, 2026 2,127 $334,535 22.0%
DG March 31, 2026 2,504 $332,456 0.2%
ADI June 30, 2026 1,028 $327,048 5.0%
EWJ June 30, 2025 4,733 $324,494
LYV Dec. 31, 2025 1,976 $322,878 18.4%
URI March 31, 2026 386 $312,398 48.4%
PNFP June 30, 2025 2,874 $304,759 -13.0%
INTU March 31, 2026 447 $296,102 -35.0%
MC Dec. 31, 2025 4,137 $295,051 -18.1%
IYW June 30, 2025 2,044 $287,059 53.6%
CRC June 30, 2026 4,122 $285,325 -0.8%
NTR March 31, 2026 4,588 $283,555 -7.2%
MSM Dec. 31, 2025 3,077 $283,515 54.7%
CAVA Sept. 30, 2025 3,351 $282,255 -9.9%
GTLB March 31, 2026 7,500 $281,475 130.0%
NOW March 31, 2026 1,805 $276,508 28.5%
DELL Dec. 31, 2025 1,919 $272,057 346.9%
MSTR Sept. 30, 2025 983 $265,646 -50.3%
ORCL Dec. 31, 2025 925 $260,147 -27.0%
CVGW June 30, 2026 10,000 $257,900 No longer tracked
ZS Dec. 31, 2025 854 $255,910 -12.6%
MTB June 30, 2025 1,344 $240,240 13.0%
MPC June 30, 2025 1,633 $237,912 154.2%
PYPL March 31, 2026 4,002 $233,637 16.7%
AZO Dec. 31, 2025 54 $231,673 -17.7%
VLO June 30, 2025 1,752 $231,387 202.3%
EMR Sept. 30, 2025 1,695 $225,994 23.2%
ULTA March 31, 2026 370 $223,854 4.0%
ROKU March 31, 2026 2,000 $216,980 61.1%
BK June 30, 2025 2,573 $215,798 No longer tracked
IYW March 31, 2026 1,058 $211,261 46.7%
ITOT March 31, 2026 1,394 $207,274 18.1%
DTD June 30, 2026 2,385 $205,969
MS March 31, 2026 1,151 $204,337 15.6%
ASML Sept. 30, 2025 253 $202,752 92.9%
TDS June 30, 2026 4,800 $202,080 -4.4%
NIO Dec. 31, 2025 25,964 $197,846 -33.9%
IE March 31, 2026 12,229 $195,419 No longer tracked
IBIT Dec. 31, 2025 12,500 $14,125