Sector breakdown

04
Technology 32.5%
Industrials 18.6%
Healthcare 13.1%
Communication Services 10.2%
Retail 7.7%
Financials 5.4%
Consumer Discretionary 5.4%
Consumer Staples 2.0%
Energy 1.6%
Consumer products 0.6%
Real Estate 0.4%
Materials 0.1%
Other/Unmapped 2.5%

Full portfolio 134 positions

05
Type Streak 8Q trend
AAPL Apple Inc. - Common Stock $67,729 5.81% 234,066 $6,767 Down ×4
NVDA NVIDIA Corporation - Common Stock $59,146 5.07% 295,599 $6,958 Down ×1
AMD Advanced Micro Devices, Inc. - Common Stock $51,746 4.44% 89,077 $32,070 Down ×4
AMAT Applied Materials, Inc. - Common Stock $42,440 3.64% 58,701 $20,811 Down ×4
LLY Eli Lilly and Company Common Stock $34,804 2.98% 29,017 $6,493 Down ×1
CAT Caterpillar, Inc. Common Stock $33,935 2.91% 31,867 $9,865 Down ×4
MSFT Microsoft Corporation - Common Stock $33,850 2.90% 90,747 $1,633 Up ×2
AMZN Amazon.com, Inc. - Common Stock $32,496 2.79% 136,344 $3,284 Down ×1
GOOG Alphabet Inc. - Class C Capital Stock $30,124 2.58% 85,257 $5,203 Down ×6
GOOGL Alphabet Inc. - Class A Common Stock $29,082 2.49% 81,380 $4,387 Down ×4
V Visa Inc. $28,259 2.42% 82,368 $3,122 Down ×1
META Meta Platforms, Inc. - Class A Common Stock $25,891 2.22% 45,964 $-406
COST Costco Wholesale Corporation - Common Stock $22,156 1.90% 23,684 $-1,471 Down ×6
CMI Cummins Inc. Common Stock $21,663 1.86% 30,374 $4,722 Down ×4
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $21,167 1.81% 27,737 $11,401 Up ×2
DE Deere & Company Common Stock $19,766 1.69% 31,161 $2,290 Up ×1
IBM International Business Machines Corporation Common Stock $18,142 1.56% 64,514 $2,577 Up ×2
PANW Palo Alto Networks, Inc. - Common Stock $17,345 1.49% 50,863 $9,183 Down ×1
UNP Union Pacific Corporation Common Stock $16,940 1.45% 62,280 $1,636 Down ×1
QCOM QUALCOMM Incorporated - Common Stock $16,267 1.39% 88,031 $4,313 Down ×5
HD Home Depot, Inc. (The) Common Stock $15,931 1.37% 45,172 $532 Down ×1
SBUX Starbucks Corporation - Common Stock $15,927 1.37% 155,863 $1,961 Down ×1
ABBV AbbVie Inc. Common Stock $15,506 1.33% 61,621 $2,197 Up ×2
AMGN Amgen Inc. - Common Stock $15,333 1.31% 42,343 $161 Down ×3
HON Honeywell International Inc. - Common Stock $14,453 1.24% 64,555 $-87 Up ×1
SCHW Charles Schwab Corporation (The) Common Stock $14,439 1.24% 156,494 $-511 Down ×1
MRK Merck & Company, Inc. Common Stock (new) $13,357 1.15% 103,952 $505 Down ×5
ENB Enbridge Inc Common Stock $13,344 1.14% 246,172 $-560 Down ×1
ROK Rockwell Automation, Inc. Common Stock $12,768 1.09% 25,790 $3,001 Down ×5
PEP PepsiCo, Inc. - Common Stock $12,466 1.07% 92,075 $-1,831 Up ×2
JNJ Johnson & Johnson Common Stock $12,362 1.06% 48,675 $456 Down ×6
SNPS Synopsys, Inc. - Common Stock $12,318 1.06% 27,616 $1,385 Up ×6
CARR Carrier Global Corporation Common Stock $11,962 1.03% 163,091 $2,837 Up ×1
NFLX Netflix, Inc. - Common Stock $11,727 1.01% 164,252 $-2,666 Up ×3
MCD McDonald's Corporation Common Stock $11,684 1.00% 43,227 $-1,220 Up ×1
GLW Corning Incorporated Common Stock $11,581 0.99% 45,343 $5,225 Down ×4
ADP Automatic Data Processing, Inc. - Common Stock $11,563 0.99% 51,635 $943 Down ×1
Unknown issuer (CUSIP: 43849R105) $11,503 0.99% 52,032 Up ×1
AXP American Express Company Common Stock $11,347 0.97% 33,547 $964 Down ×1
UBER Uber Technologies, Inc. Common Stock $10,846 0.93% 150,313 $1,635 Up ×2
HUBB Hubbell Inc Common Stock $10,517 0.90% 20,103 $593 Down ×3
BKNG Booking Holdings Inc. - Common Stock $10,494 0.90% 58,876 $1,135 Up ×3
ISRG Intuitive Surgical, Inc. - Common Stock $10,356 0.89% 26,043 Up ×1
Unknown issuer (CUSIP: 314352105) $10,179 0.87% 67,412 Up ×1
DIS Walt Disney Company (The) Common Stock $10,033 0.86% 104,241 $-954 Down ×1
SYY Sysco Corporation Common Stock $9,843 0.84% 117,769 $1,378 Down ×6
BA Boeing Company (The) Common Stock $9,722 0.83% 44,915 $-1,026 Down ×3
CMG Chipotle Mexican Grill, Inc. Common Stock $9,283 0.80% 273,055 $1,228 Up ×6
CSCO Cisco Systems, Inc. - Common Stock $9,129 0.78% 77,724 $3,113 Up ×1
CSX CSX Corporation - Common Stock $8,622 0.74% 181,408 $842 Down ×5
YUM Yum! Brands, Inc. $8,232 0.71% 51,501 $-419 Down ×3
EW Edwards Lifesciences Corporation Common Stock $8,199 0.70% 90,643 $546 Down ×6
TMO Thermo Fisher Scientific Inc Common Stock $8,109 0.70% 16,176 $-368 Down ×1
WMT Walmart Inc. - Common Stock $8,100 0.69% 71,516 $-841 Down ×6
NXPI NXP Semiconductors N.V. - Common Stock $7,434 0.64% 26,454 $2,231 Up ×1
CRM Salesforce, Inc. Common Stock $7,082 0.61% 45,212 $-1,114 Up ×4
NOW ServiceNow, Inc. Common Stock $6,954 0.60% 70,046 $-355 Up ×4
INTC Intel Corporation - Common Stock $6,818 0.58% 48,833 $4,572 Down ×1
REGN Regeneron Pharmaceuticals, Inc. - Common Stock $6,467 0.55% 10,372 $-1,473 Up ×1
LH Labcorp Holdings Inc. Common Stock $6,148 0.53% 21,959 $-286 Down ×1
ABT Abbott Laboratories Common Stock $5,937 0.51% 65,437 $-431 Up ×4
SNA Snap-On Incorporated Common Stock $5,861 0.50% 14,567 $525 Down ×1
FDX FedEx Corporation Common Stock $5,828 0.50% 18,614 $-8,962 Down ×3
WAT Waters Corporation Common Stock $5,819 0.50% 15,518 $2,051 Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $5,679 0.49% 11,350 $326 Up ×2
ZTS Zoetis Inc. Class A Common Stock $5,586 0.48% 77,738 $-5,957 Down ×1
NKE Nike, Inc. Common Stock $5,320 0.46% 129,614 $-3,604 Down ×1
AMT American Tower Corporation (REIT) Common Stock $4,443 0.38% 27,166 $-1,986 Down ×1
DTEGY CUSIP: 251566105 $4,022 0.34% 147,449 $-2,060 Down ×1
PG Procter & Gamble Company (The) Common Stock $4,000 0.34% 27,281 $212 Up ×1
KO Coca-Cola Company (The) Common Stock $3,801 0.33% 46,778 $244
INTU Intuit Inc. - Common Stock $3,780 0.32% 14,484 $-2,710 Down ×1
WTS Watts Water Technologies, Inc. Class A Common Stock $3,757 0.32% 9,600 $203 Down ×6
MDLZ Mondelez International, Inc. - Class A Common Stock $3,541 0.30% 61,232 $-445 Down ×6
ADBE Adobe Inc. - Common Stock $2,941 0.25% 14,346 $-5,107 Down ×2
EMR Emerson Electric Company Common Stock $2,837 0.24% 19,825 $116 Down ×2
CVX Chevron Corporation Common Stock $2,805 0.24% 16,927 $-1,587 Down ×6
MKC McCormick & Company, Incorporated Common Stock $2,679 0.23% 53,148 $-1,783 Down ×6
ORCL Oracle Corporation Common Stock $2,491 0.21% 17,002 $740 Up ×1
PFE Pfizer, Inc. Common Stock $1,993 0.17% 82,804 $-1,500 Down ×6
TSLA Tesla, Inc. - Common Stock $1,869 0.16% 4,446 $217
RTX RTX Corporation Common Stock $1,857 0.16% 9,789 $-135 Down ×1
KVUE Kenvue Inc. Common Stock $1,835 0.16% 96,044 $-1,214 Down ×3
BDX Becton, Dickinson and Company Common Stock $1,552 0.13% 10,259 $-131 Down ×6
XOM Exxon Mobil Corporation Common Stock $1,374 0.12% 10,054 $-429 Down ×1
TGT Target Corporation Common Stock $914 0.08% 6,998 $39 Down ×6
FISV Fiserv, Inc. - Common Stock $892 0.08% 18,187 $-2,078 Down ×2
ANET Arista Networks, Inc. Common Stock $887 0.08% 5,223 $247 Up ×1
NVT nVent Electric plc Ordinary Shares $853 0.07% 5,032 $261 Up ×1
JPM JP Morgan Chase & Co. Common Stock $799 0.07% 2,444 $84 Up ×2
WFC Wells Fargo & Company Common Stock $757 0.06% 9,162 $28
ORLY O'Reilly Automotive, Inc. - Common Stock $607 0.05% 6,600 $-2
ABNB Airbnb, Inc. - Class A Common Stock $581 0.05% 4,067 $68
SCHF SCHWAB STRATEGIC TRUST $536 0.05% 19,362 $57
GILD Gilead Sciences, Inc. - Common Stock $516 0.04% 4,090 $-73 Down ×6
EA Electronic Arts Inc. - Common Stock $491 0.04% 2,399 $-296 Down ×5
MSI Motorola Solutions, Inc. Common Stock $458 0.04% 1,103 $-20
CL Colgate-Palmolive Company Common Stock $441 0.04% 4,815 $-198 Down ×1
DSVSF CUSIP: 254677107 $440 0.04% 73,755 Up ×1
PNR Pentair plc. Ordinary Share $437 0.04% 5,707 $-289 Down ×6

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
SNPS $12,318 1.06% up ×6
NFLX $11,727 1.01% up ×3
BKNG $10,494 0.90% up ×3
CMG $9,283 0.80% up ×6
CRM $7,082 0.61% up ×4
NOW $6,954 0.60% up ×4
ABT $5,937 0.51% up ×4
TXN $409 0.04% up ×6

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
Unknown issuer (CUSIP: 43849R105) $11,503 52,032 0.99%
ISRG $10,356 26,043 0.89%
Unknown issuer (CUSIP: 314352105) $10,179 67,412 0.87%
DSVSF $440 73,755 0.04%
Unknown issuer (CUSIP: 84615Q103) $325 1,906 0.03%
HPE $289 6,423 0.02%
MAS $253 3,110 0.02%
VTI $234 635 0.02%
VONV $220 2,070 0.02%
MS $219 1,052 0.02%
BUD $217 2,638 0.02%
MU $205 178 0.02%
GE $201 538 0.02%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
AMD Trimmed -8K +$32K
AMAT Trimmed -5K +$21K
CRWD Bought more +3K +$11K
CAT Trimmed -2K +$10K
PANW Trimmed -48 +$9K
FDX Trimmed -23K -$9K
NVDA Trimmed -4K +$7K
AAPL Trimmed -6K +$7K
LLY Trimmed -2K +$6K
ZTS Trimmed -20K -$6K

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
STZ Sept. 30, 2025 24,578 $3,998 -16.2%
ANET (filed as ANETXXXX) Dec. 31, 2025 5,683 $828 58.2%
MDT June 30, 2025 7,390 $664 -0.9%
ANET Sept. 30, 2025 6,130 $627 42.3%
ANET (filed as ANETXXXX) June 30, 2025 6,148 $476 102.7%
ZBH Dec. 31, 2025 4,009 $394 -1.8%
T June 30, 2026 12,575 $364 17.4%
BUD Dec. 31, 2025 4,533 $270 14.7%
BMY June 30, 2025 4,205 $256 32.1%
AFL June 30, 2025 2,077 $230 5.8%
BLK (filed as BLKXXXX) Dec. 31, 2025 198 $230 -1.0%
BAX June 30, 2025 6,579 $225 -22.4%
UNH June 30, 2025 429 $224 19.2%
SLB June 30, 2025 5,255 $219 44.2%
MAS Dec. 31, 2025 3,110 $218 7.7%
MCK June 30, 2026 250 $216 19.4%
BLK March 31, 2026 198 $211 10.2%
PCG June 30, 2025 12,271 $210 -11.6%
SNY June 30, 2026 4,305 $207 -6.4%
HPQ June 30, 2025 7,415 $205 31.3%
HPQ Dec. 31, 2025 7,478 $203 44.2%
SYK Sept. 30, 2025 515 $203 -25.5%
IDXX March 31, 2026 300 $202 -7.7%
ITOT Dec. 31, 2025 1,390 $202 13.1%