Sector breakdown

04
Communication Services 12.3%
Technology 7.8%
Financials 4.2%
Retail 2.3%
Healthcare 2.2%
Industrials 1.8%
Energy 0.7%
Consumer products 0.5%
Consumer Discretionary 0.5%
Utilities 0.4%
Consumer Staples 0.3%
Real Estate 0.2%
Materials 0.0%
Other/Unmapped 66.9%

Full portfolio 482 positions

05
Type Streak 8Q trend
SDY SPDR SERIES TRUST $440,472,987 12.75% 2,894,421 $24,978,755 Up ×6
VIG Vanguard Div Appreciation ETF $324,545,356 9.39% 1,371,589 $34,418,508 Up ×6
VTI Vanguard Morningstar Total Stock Market ETF $197,859,936 5.73% 534,699 $29,488,254 Up ×6
GOOGL Alphabet Inc. - Class A Common Stock $184,394,346 5.34% 515,976 $36,160,826 Up ×4
GOOG Alphabet Inc. - Class C Capital Stock $171,989,778 4.98% 486,768 $32,185,391 Down ×1
VYM Vanguard High Dividend Yield ETF $166,459,673 4.82% 1,053,342 $12,412,983 Up ×6
VO Vanguard Morningstar Mid-Cap ETF $155,803,552 4.51% 1,933,766 $19,307,286 Up ×6
AAPL Apple Inc. - Common Stock $132,681,481 3.84% 458,534 $17,068,680 Up ×5
SPY SPY $101,274,678 2.93% 135,617 $14,135,137 Up ×1
VOOG Vanguard S&P 500 Growth ETF $75,073,835 2.17% 908,664 $14,074,024 Up ×6
VB Vanguard Morningstar Small-Cap ETF $66,505,313 1.93% 219,403 $11,017,824 Up ×4
IJK iShares Trust $58,880,386 1.70% 501,110 $8,970,392 Up ×1
DFAT Dimensional ETF Trust $57,592,742 1.67% 823,931 $6,790,731 Up ×6
VXUS Vanguard Total International Stock ETF $54,186,253 1.57% 633,831 $9,241,253 Up ×6
AMZN Amazon.com, Inc. - Common Stock $45,443,826 1.32% 190,668 $6,976,136 Up ×2
VUG Vanguard Morningstar Growth ETF $45,058,972 1.30% 523,090 $9,055,574 Up ×6
MSFT Microsoft Corporation - Common Stock $44,527,008 1.29% 119,369 $504,114 Up ×6
XLK SELECT SECTOR SPDR TRUST $37,060,515 1.07% 194,523 $11,265,918 Up ×4
NVDA NVIDIA Corporation - Common Stock $33,227,375 0.96% 166,062 $4,580,821 Up ×5
META Meta Platforms, Inc. - Class A Common Stock $30,686,223 0.89% 54,477 $-570,758 Down ×2
ESGU iShares ESG Aware MSCI USA ETF $29,281,448 0.85% 178,905 $4,255,738 Up ×6
VOO Vanguard S&P 500 ETF $28,628,627 0.83% 41,683 $3,680,672 Down ×1
QQQ Invesco QQQ Trust, Series 1 $27,761,422 0.80% 37,699 $6,230,096 Up ×6
VTEI Vanguard Tax-Managed Funds Vanguard Intermediate-Term Tax-Exempt Bond ETF $24,266,432 0.70% 240,333 $1,125,143 Up ×1
VYMI Vanguard International High Dividend Yield ETF $22,885,655 0.66% 233,051 $5,058,237 Up ×6
VEU Vanguard FTSE All World Ex US ETF $21,095,933 0.61% 251,892 $2,416,740 Up ×6
JPM JP Morgan Chase & Co. Common Stock $20,200,502 0.58% 61,713 $2,958,485 Up ×6
JNJ Johnson & Johnson Common Stock $20,164,237 0.58% 79,396 $765,925 Up ×6
EVT Eaton Vance Tax Advantaged Dividend Income Fund Common Shares of Beneficial Interest $20,131,787 0.58% 727,304 $2,162,503 Down ×2
VONG Vanguard Russell 1000 Growth ETF $18,339,269 0.53% 143,489 $2,950,367 Up ×6
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $17,357,528 0.50% 34,688 $986,618 Up ×1
HIMU iShares High Yield Muni Active ETF $16,790,422 0.49% 337,157 $14,796,181 Up ×1
VTV Vanguard Morningstar Value ETF $14,933,985 0.43% 68,527 $4,155,573 Up ×3
LLY Eli Lilly and Company Common Stock $14,030,829 0.41% 11,698 $3,262,763 Down ×1
XLF SELECT SECTOR SPDR TRUST $13,101,789 0.38% 244,391 $1,069,603 Up ×2
FTAI FTAI Aviation Ltd. - Common Stock $12,267,183 0.36% 45,345 $1,285,793 Up ×1
VBR Vanguard Morningstar Small-Cap Value ETF $11,989,478 0.35% 49,341 $1,293,727 Up ×1
PNC PNC Financial Services Group, Inc. (The) Common Stock $11,942,137 0.35% 48,502 $1,726,188 Down ×2
VT Vanguard Total World Stock Index ETF $11,684,628 0.34% 74,448 $1,812,077 Up ×6
IVV iShares Trust $11,275,910 0.33% 15,057 $1,451,592 Up ×6
GLD SPDR Gold Shares $11,225,644 0.32% 30,473 $-1,087,535 Up ×6
PG Procter & Gamble Company (The) Common Stock $10,559,103 0.31% 72,007 $199,982 Up ×1
GS Goldman Sachs Group, Inc. (The) Common Stock $9,985,142 0.29% 9,873 $1,610,303 Down ×1
XOM Exxon Mobil Corporation Common Stock $9,866,351 0.29% 72,165 $-2,286,861 Up ×5
SUB iShares Short-Term National Muni Bond ETF $9,832,246 0.28% 92,348 $2,054,000 Up ×3
MS Morgan Stanley Common Stock $9,749,483 0.28% 46,639 $1,912,442 Down ×2
BIV VANGUARD BOND INDEX FUNDS $9,589,342 0.28% 125,024 $406,836 Up ×6
APO Apollo Global Management, Inc. (New) Common Stock $9,378,389 0.27% 79,270 $548,134 Up ×2
VGT Vanguard Information Tech ETF $9,369,164 0.27% 78,390 $2,396,457 Up ×6
MGK VANGUARD WORLD FUND $8,575,293 0.25% 97,546 $1,370,132 Up ×2
RSP Invesco Exchange-Traded Fund Trust $8,132,844 0.24% 38,224 $2,164,788 Up ×5
COST Costco Wholesale Corporation - Common Stock $7,611,861 0.22% 8,137 $-30,988 Up ×1
VBK Vanguard Morningstar Small-Cap Growth ETF $7,495,030 0.22% 20,495 $1,828,506 Up ×6
INTC Intel Corporation - Common Stock $7,202,309 0.21% 51,581 $4,860,238 Down ×1
MUB iShares Trust $6,927,998 0.20% 64,375 $541,056 Up ×6
NFLX Netflix, Inc. - Common Stock $6,770,077 0.20% 94,819 $-2,425,997 Down ×1
MAIN Main Street Capital Corporation Common Stock $6,703,192 0.19% 129,206 $-129,040 Up ×6
IBM International Business Machines Corporation Common Stock $6,532,987 0.19% 23,232 $956,017 Up ×6
COR Cencora, Inc. Common Stock $6,456,189 0.19% 22,815 $-710,915
WMG Warner Music Group Corp. - Class A Common Stock $6,433,186 0.19% 237,650 $172,055 Down ×6
IWF iShares Russell 1000 Growth Fund $6,328,969 0.18% 50,970 $939,402 Up ×2
HD Home Depot, Inc. (The) Common Stock $5,855,470 0.17% 16,603 $439,316 Up ×1
AVGO Broadcom Inc. - Common Stock $5,742,552 0.17% 15,202 $1,102,521 Up ×4
MRK Merck & Company, Inc. Common Stock (new) $5,617,743 0.16% 43,718 $383,645 Up ×4
BK The Bank of New York Mellon Corporation Common Stock $5,615,915 0.16% 38,835 $998,383 Down ×3
DFUV Dimensional ETF Trust $5,472,748 0.16% 99,486 $651,636
CAT Caterpillar, Inc. Common Stock $5,469,221 0.16% 5,136 $2,198,983 Up ×6
GLW Corning Incorporated Common Stock $5,402,721 0.16% 21,151 $2,550,948 Up ×3
WINN Harbor ETF Trust $5,239,846 0.15% 161,375 $1,518,443 Up ×6
LRCX Lam Research Corporation - Common Stock $5,236,899 0.15% 12,085 $2,657,757 Up ×1
VWO Vanguard FTSE Emerging Markets ETF $5,178,911 0.15% 86,763 $636,658 Up ×5
DIBS 1stdibs.com, Inc. - Common Stock $5,084,955 0.15% 1,037,746 $-412,345 Up ×1
WFC Wells Fargo & Company Common Stock $4,794,382 0.14% 58,015 $95,027 Down ×2
EBAY eBay Inc. - Common Stock $4,733,996 0.14% 42,362 $878,172
AXP American Express Company Common Stock $4,709,733 0.14% 13,924 $492,495 Down ×1
IJH iShares Trust $4,709,129 0.14% 61,070 $525,361 Down ×1
IAC IAC Inc. - Common Stock $4,687,040 0.14% 101,539 $856,529 Up ×1
IWM iShares Russell 2000 Index Fund $4,576,758 0.13% 15,233 $875,118 Up ×4
IYW iShares U.S. Technology ETF $4,575,513 0.13% 18,140 $1,284,655 Up ×6
ITOT iShares Trust $4,476,538 0.13% 27,251 $605,087 Up ×6
SMH SMH $4,440,072 0.13% 6,770 $1,849,615 Up ×3
WMT Walmart Inc. - Common Stock $4,354,392 0.13% 38,446 $-329,409 Up ×1
IWD iShares Russell 1000 Value ETF $4,332,128 0.13% 17,870 $735,681 Up ×6
CSCO Cisco Systems, Inc. - Common Stock $4,257,199 0.12% 36,244 $1,495,422 Up ×2
MDY State Street SPDR S&P MIDCAP 400 ETF Trust $4,249,636 0.12% 6,042 $644,604 Up ×3
NEE NextEra Energy, Inc. Common Stock $4,102,876 0.12% 46,746 $-224,508 Up ×6
VEA Vanguard FTSE Developed Markets ETF $3,919,531 0.11% 55,011 $326,937 Down ×1
EPD Enterprise Products Partners L.P. Common Stock $3,865,057 0.11% 105,143 $-113,554
BAC Bank of America Corporation Common Stock $3,778,510 0.11% 66,313 $575,420 Up ×2
V Visa Inc. $3,705,119 0.11% 10,799 $472,596 Up ×6
VTEC Vanguard California Tax-Exempt Bond ETF $3,666,829 0.11% 36,450 $1,253,154 Up ×4
MCD McDonald's Corporation Common Stock $3,649,651 0.11% 13,502 $-480,835 Up ×1
BX Blackstone Inc. Common Stock $3,460,270 0.10% 29,407 $224,303 Up ×1
VTEB Vanguard Tax-Exempt Bond ETF $3,357,906 0.10% 66,388 $43,415 Down ×2
DIS Walt Disney Company (The) Common Stock $3,335,716 0.10% 34,657 $-195,300 Down ×1
EFA iShares Trust $3,260,465 0.09% 31,387 $248,826 Up ×6
GE GE Aerospace Common Stock $3,247,015 0.09% 8,688 $900,417 Up ×6
IJR iShares Trust $3,212,152 0.09% 21,658 $647,188 Up ×3
XLE SELECT SECTOR SPDR TRUST $3,170,710 0.09% 59,701 $-467,257 Up ×6
UNP Union Pacific Corporation Common Stock $3,101,508 0.09% 11,403 $335,009

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
SDY $440,472,987 12.75% up ×6
VIG $324,545,356 9.39% up ×6
VTI $197,859,936 5.73% up ×6
GOOGL $184,394,346 5.34% up ×4
VYM $166,459,673 4.82% up ×6
VO $155,803,552 4.51% up ×6
AAPL $132,681,481 3.84% up ×5
VOOG $75,073,835 2.17% up ×6
VB $66,505,313 1.93% up ×4
DFAT $57,592,742 1.67% up ×6
VXUS $54,186,253 1.57% up ×6
VUG $45,058,972 1.30% up ×6
MSFT $44,527,008 1.29% up ×6
XLK $37,060,515 1.07% up ×4
NVDA $33,227,375 0.96% up ×5

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
TTEQ $1,592,220 35,700 0.05%
BAI $1,196,790 22,701 0.03%
Unknown issuer (CUSIP: 438516205) $927,394 4,142 0.03%
Unknown issuer (CUSIP: 43849R105) $915,713 4,142 0.03%
SHLD $853,853 14,300 0.02%
DFEM $803,846 19,780 0.02%
ETOR $552,580 14,000 0.02%
ALAB $537,601 1,113 0.02%
KVUE $314,927 16,480 0.01%
PSO $301,576 18,979 0.01%
ARTY $298,495 3,919 0.01%
SOXX $286,246 447 0.01%
CGNX $267,592 3,695 0.01%
SHOP $254,165 2,226 0.01%
CLX $250,732 2,627 0.01%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
GOOGL Bought more +489 +$36.2M
VIG Bought more +23K +$34.4M
GOOG Trimmed -593 +$32.2M
VTI Bought more +10K +$29.5M
SDY Bought more +47K +$25.0M
VO Bought more +1.5M +$19.3M
AAPL Bought more +3K +$17.1M
SPY Bought more +2K +$14.1M
VOOG Bought more +759K +$14.1M
VYM Bought more +13K +$12.4M

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
HON June 30, 2026 8,264 $1,867,912 -4.9%
SRAD Sept. 30, 2025 48,082 $1,350,143 -54.7%
UL (filed as ULXXXX) Dec. 31, 2025 16,905 $1,002,134 -7.0%
DOV June 30, 2025 4,050 $711,504 4.7%
AMLP June 30, 2025 12,800 $664,832
JEPQ June 30, 2025 11,740 $607,897
CORZ Sept. 30, 2025 33,983 $580,090 -7.0%
BHF Sept. 30, 2025 10,484 $563,725 -5.7%
PANW March 31, 2026 2,940 $541,548 161.9%
BNY March 31, 2026 46,235 $468,825
PBE June 30, 2025 6,730 $426,951
CZR June 30, 2025 17,000 $425,000 4.4%
AB Dec. 31, 2025 10,252 $391,842 -8.8%
DUOL March 31, 2026 2,144 $376,272 50.3%
JPST March 31, 2026 7,403 $374,518
DVYE Dec. 31, 2025 12,293 $364,982
IUSV Dec. 31, 2025 3,554 $355,222
SHOP March 31, 2026 2,189 $352,363 38.6%
OWL June 30, 2026 35,715 $326,075 3.7%
OXY June 30, 2026 4,804 $312,267 20.1%
DFAU Dec. 31, 2025 6,762 $309,434
DD Dec. 31, 2025 3,916 $305,056 231.5%
KIM March 31, 2026 14,969 $303,416 -1.5%
TMUS June 30, 2025 1,133 $302,182 -30.4%
MSTR Dec. 31, 2025 929 $299,333 8.3%
DOCS Dec. 31, 2025 4,000 $292,600 -37.2%
CMRX June 30, 2025 33,643 $286,302 No longer tracked
WPC Sept. 30, 2025 4,573 $285,264 -5.3%
DGRW June 30, 2026 3,212 $282,179
USB Dec. 31, 2025 5,579 $269,616 7.4%
EFT Sept. 30, 2025 21,152 $263,977 -10.3%
VMBS March 31, 2026 5,432 $255,739
SLV Dec. 31, 2025 6,027 $255,364 -13.9%
EME June 30, 2026 345 $254,717 -0.6%
PEO June 30, 2025 11,150 $254,332 32.1%
OXY Dec. 31, 2025 5,353 $252,924 41.9%
URI Dec. 31, 2025 259 $247,257 33.5%
ETH March 31, 2026 8,655 $242,859 29.2%
ZBH June 30, 2025 2,136 $241,752 -1.7%
EXAS March 31, 2026 2,300 $233,588 No longer tracked
RGR Dec. 31, 2025 5,309 $230,789 33.7%
GIS March 31, 2026 4,947 $230,036 -13.5%
ABNB March 31, 2026 1,683 $228,417 27.0%
AIG March 31, 2026 2,594 $221,925 -0.2%
GEHC March 31, 2026 2,704 $221,812 -9.0%
ADBE June 30, 2026 903 $219,501 16.1%
CPNG March 31, 2026 9,227 $217,665 -23.6%
WTW March 31, 2026 657 $215,890 0.4%
BILL March 31, 2026 3,944 $215,106 14.8%
OMC June 30, 2025 2,580 $213,920 4.4%
LDOS June 30, 2026 1,372 $213,415 13.3%
SYF March 31, 2026 2,557 $213,342 6.1%
CLX Dec. 31, 2025 1,727 $212,939 -17.2%
PEO June 30, 2026 7,620 $211,836 14.2%
ZBH Dec. 31, 2025 2,136 $210,396 -0.3%
CGNX Dec. 31, 2025 4,600 $208,380 84.4%
CSL Sept. 30, 2025 556 $207,610 -1.0%
XLV June 30, 2025 1,416 $206,678 24.4%
IYR June 30, 2025 2,156 $206,418 0.5%
SRE June 30, 2026 2,124 $206,355 -13.7%
BBT June 30, 2025 7,844 $204,650 11.5%
UPST Dec. 31, 2025 4,000 $203,200 -45.4%
VRTX Sept. 30, 2025 454 $202,121 28.3%
ULTA March 31, 2026 333 $201,468 4.7%
CCI Sept. 30, 2025 1,959 $201,248 -29.2%
OMC March 31, 2026 2,485 $200,661 -0.3%
AOS March 31, 2026 3,000 $200,640 -13.7%
BGR June 30, 2025 14,450 $196,231 30.5%
BXMX June 30, 2025 14,660 $192,339 No longer tracked
BOE June 30, 2025 17,420 $189,007 3.8%
VMEO Dec. 31, 2025 23,433 $181,606 No longer tracked
AMPX June 30, 2026 10,000 $168,600 -31.7%
ICLN March 31, 2026 10,218 $167,884
UUUU March 31, 2026 11,321 $164,607 No longer tracked
NFJ June 30, 2025 13,100 $158,903 18.8%
VTRS June 30, 2026 10,114 $136,647 10.5%
NXJ June 30, 2026 10,800 $132,840 No longer tracked
ACRE June 30, 2026 20,847 $100,068 -16.7%
TCPC March 31, 2026 16,710 $91,404 10.5%
SNAP June 30, 2025 10,427 $90,819 -33.5%
SAN June 30, 2025 10,868 $72,816 68.8%
EQX Sept. 30, 2025 10,000 $57,500 No longer tracked
GGRP Dec. 31, 2025 10,000 $750 No longer tracked