Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +23.1%
S&P 500 total return (same window) +37.0%
Excess return -13.9%

Annualized: +18.1% · 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: 100.0% · Options excluded: 0.0%

Sector breakdown

04
Technology 43.0%
Consumer Discretionary 24.0%
Retail 20.2%
Industrials 8.2%
Consumer products 1.6%
Other/Unmapped 3.0%

Full portfolio 10 positions

05
Type Streak 8Q trend
MSFT Microsoft Corporation - Common Stock $107,056,740 23.25% 287,000 $-7,066,671 Down ×4
BROS Dutch Bros Inc. Class A Common Stock $101,854,873 22.12% 1,418,394 $29,999,033
TSM Taiwan Semiconductor Manufacturing Company Ltd. $90,786,057 19.72% 190,100 $26,541,762
AMZN Amazon.com, Inc. - Common Stock $82,608,644 17.94% 346,600 $27,042,208 Up ×2
HUBB Hubbell Inc Common Stock $31,915,200 6.93% 61,000 $20,186,514 Up ×1
Unknown issuer (CUSIP: 70450C101) $13,779,843 2.99% 961,608 Up ×1
WMT Walmart Inc. - Common Stock $10,380,279 2.25% 91,650 $-4,514,679 Down ×1
WRD WeRide Inc. - American Depositary Shares $8,716,183 1.89% 1,497,626 $2,344,208 Up ×1
SN SharkNinja, Inc. Ordinary Shares $7,308,960 1.59% 48,000 $2,225,760
APH Amphenol Corporation Common Stock $6,008,986 1.31% 34,080 $1,702,978

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
Unknown issuer (CUSIP: 70450C101) $13,779,843 961,608 2.99%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
BROS Price move only +0 +$30.0M
AMZN Bought more +80K +$27.0M
TSM Price move only +0 +$26.5M
HUBB Bought more +37K +$20.2M
MSFT Trimmed -21K -$7.1M
WMT Trimmed -28K -$4.5M
WRD Bought more +710K +$2.3M
SN Price move only +0 +$2.2M
APH Price move only +0 +$1.7M

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
UBER March 31, 2026 901,900 $73,694,249 -5.3%
ADBE Sept. 30, 2025 130,600 $50,526,528 -32.6%
WIX June 30, 2026 276,335 $24,889,493 60.1%
MNDY Sept. 30, 2025 50,000 $15,724,000 -59.3%
PWR March 31, 2026 4,110 $1,734,667 23.2%
PG March 31, 2026 5,250 $752,378 0.3%