Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +67.6%
S&P 500 total return (same window) +37.0%
Excess return +30.6%

Annualized: +51.2% · 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: 98.3% · Options excluded: 0.0%

Sector breakdown

04
Technology 50.6%
Industrials 27.9%
Consumer Discretionary 12.4%
Healthcare 2.7%
Retail 2.2%
Communication Services 2.2%
Other/Unmapped 2.1%

Full portfolio 28 positions

05
Type Streak 8Q trend
TSM Taiwan Semiconductor Manufacturing Company Ltd. $68,106,258 14.53% 142,610 $14,936,247 Down ×2
TSLA Tesla, Inc. - Common Stock $57,904,002 12.36% 137,670 $7,706,228 Up ×5
NVDA NVIDIA Corporation - Common Stock $49,240,948 10.51% 246,094 $-36,990,260 Down ×2
JCI Johnson Controls International plc Ordinary Share $31,602,716 6.74% 216,294 $-36,244 Down ×1
STM STMicroelectronics N.V. Common Stock $27,986,543 5.97% 373,702 Up ×1
PWR Quanta Services, Inc. Common Stock $22,206,034 4.74% 30,840 $6,873,003 Up ×1
ORCL Oracle Corporation Common Stock $21,593,410 4.61% 147,345 $870,907 Up ×4
GEV GE Vernova Inc. Common Stock $21,046,442 4.49% 17,914 $4,942,310 Down ×2
GE GE Aerospace Common Stock $19,218,318 4.10% 51,423 $-24,049,229 Down ×4
AEHR Aehr Test Systems - Common Stock $14,918,022 3.18% 155,299 Up ×1
KLAC KLA Corporation - Common Stock $14,472,425 3.09% 47,968 Up ×1
DGXX Digi Power X Inc. - Common Subordinate Voting Shares $12,732,028 2.72% 2,336,152 Up ×1
TEM Tempus AI, Inc. - Class A Common Stock $12,605,047 2.69% 217,591 $-4,166,418 Down ×1
FIX Comfort Systems USA, Inc. Common Stock $12,424,845 2.65% 6,269 Up ×1
HWM Howmet Aerospace Inc. Common Stock $10,645,512 2.27% 39,595 $-1,764,759 Down ×3
ARM Arm Holdings plc - American Depositary Shares $10,565,831 2.25% 29,799 Up ×1
BABA Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share $10,450,494 2.23% 108,882 $-27,694,741 Down ×2
GOOG Alphabet Inc. - Class C Capital Stock $10,105,238 2.16% 28,600 Up ×1
AXTI AXT Inc - Common Stock $8,293,020 1.77% 115,053 Up ×1
IBIT iShares Bitcoin Trust ETF $7,858,038 1.68% 236,048 $-1,210,926
MU Micron Technology, Inc. - Common Stock $5,011,927 1.07% 4,342
BZ KANZHUN LIMITED - American Depository Shares $4,954,976 1.06% 385,002 Up ×1
APP Applovin Corporation - Class A Common Stock $4,167,695 0.89% 8,089 $-7,694,695 Down ×1
VSH Vishay Intertechnology, Inc. Common Stock $3,922,068 0.84% 72,928 Up ×1
BE Bloom Energy Corporation Class A Common Stock $2,666,182 0.57% 8,808
Unknown issuer (CUSIP: 84615Q103) $1,927,301 0.41% 11,280 Up ×1
AVAV AeroVironment, Inc. - Common Stock $1,221,518 0.26% 7,400 $-6,809,069 Down ×3
GLW Corning Incorporated Common Stock $795,920 0.17% 3,116 $-16,812,603 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
TSLA $57,904,002 12.36% up ×5
ORCL $21,593,410 4.61% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
STM $27,986,543 373,702 5.97%
AEHR $14,918,022 155,299 3.18%
KLAC $14,472,425 47,968 3.09%
DGXX $12,732,028 2,336,152 2.72%
FIX $12,424,845 6,269 2.65%
ARM $10,565,831 29,799 2.25%
GOOG $10,105,238 28,600 2.16%
AXTI $8,293,020 115,053 1.77%
MU $5,011,927 4,342 1.07%
BZ $4,954,976 385,002 1.06%
VSH $3,922,068 72,928 0.84%
BE $2,666,182 8,808 0.57%
Unknown issuer (CUSIP: 84615Q103) $1,927,301 11,280 0.41%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
NVDA Trimmed -248K -$37.0M
BABA Trimmed -195K -$27.7M
GE Trimmed -101K -$24.0M
TSM Trimmed -15K +$14.9M
TSLA Bought more +3K +$7.7M
APP Trimmed -22K -$7.7M
PWR Bought more +3K +$6.9M
GEV Trimmed -535 +$4.9M
TEM Trimmed -153K -$4.2M
HWM Trimmed -14K -$1.8M

2 positions 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
AVGO March 31, 2026 129,743 $44,904,052 14.7%
MSFT June 30, 2025 114,393 $42,941,988 4.0%
PM Sept. 30, 2025 142,720 $25,993,594 15.6%
MU June 30, 2025 295,979 $25,717,615 772.1%
HII March 31, 2026 74,005 $25,166,880 -29.3%
PLTR June 30, 2025 286,756 $24,202,206 38.5%
LRN Dec. 31, 2025 157,101 $23,398,623 21.5%
YMM Sept. 30, 2025 1,980,461 $23,389,244 -37.0%
AXON March 31, 2026 39,182 $22,252,633 -2.7%
PLTR June 30, 2026 140,832 $20,600,905 61.8%
WM March 31, 2026 92,672 $20,360,965 -11.0%
HOOD June 30, 2026 285,000 $19,750,500 12.4%
LNG June 30, 2025 84,510 $19,555,614 10.9%
MSFT June 30, 2026 51,783 $19,168,513 38.7%
AMD June 30, 2026 93,141 $18,947,674 9.1%
META June 30, 2026 32,772 $18,749,844 29.3%
URNM June 30, 2025 567,795 $18,419,270 -1.1%
ONON Sept. 30, 2025 344,249 $17,918,160 -27.2%
INTC June 30, 2025 780,479 $17,724,678 432.7%
RBLX June 30, 2026 311,963 $17,644,627 -18.9%
FLUT June 30, 2025 77,499 $17,169,903 -73.8%
VNET Sept. 30, 2025 2,436,603 $16,812,561 -50.3%
FLEX June 30, 2026 249,984 $16,363,953 -28.0%
FN Dec. 31, 2025 44,284 $16,146,832 1.8%
GLD Dec. 31, 2025 45,234 $16,079,330
TER June 30, 2026 54,172 $16,059,831 -7.2%
IWM June 30, 2025 79,277 $15,814,969 30.7%
HON June 30, 2025 73,768 $15,620,374 -2.5%
AS June 30, 2025 577,988 $15,449,619 -29.9%
UPST June 30, 2026 589,871 $15,130,191 -35.6%
TT March 31, 2026 37,998 $14,788,822 11.3%
FORM June 30, 2026 147,926 $14,347,343 -6.7%
SFM June 30, 2025 91,111 $13,907,183 -60.8%
SHY Sept. 30, 2025 160,150 $13,270,029
VIK March 31, 2026 183,041 $13,070,958 9.6%
ALAB June 30, 2026 116,720 $12,792,512 -27.5%
ANET June 30, 2025 158,693 $12,295,534 102.7%
DECK March 31, 2026 117,993 $12,232,334 -21.0%
VNET June 30, 2026 1,434,531 $12,035,715 -36.2%
XPEV June 30, 2026 694,870 $11,889,226 -30.1%
ISRG Dec. 31, 2025 26,015 $11,634,688 -30.8%
BILL June 30, 2025 249,223 $11,436,843 -5.7%
DDOG Sept. 30, 2025 83,811 $11,258,332 94.7%
AMBQ March 31, 2026 394,991 $11,257,244 168.3%
PWR June 30, 2025 43,645 $11,093,686 78.9%
BE March 31, 2026 123,513 $10,732,045 113.4%
ITA Sept. 30, 2025 56,693 $10,694,568 -0.7%
TJX Sept. 30, 2025 86,534 $10,686,084 -8.2%
UMC March 31, 2026 1,335,392 $10,496,181 192.5%
DECK June 30, 2025 91,745 $10,258,008 -23.2%
UMC Sept. 30, 2025 1,335,392 $10,215,749 246.6%
BA Dec. 31, 2025 44,298 $9,560,837 -10.9%
SNPS Dec. 31, 2025 19,312 $9,528,348 4.3%
ALB June 30, 2026 52,815 $9,481,877 -22.5%
CCJ Dec. 31, 2025 112,929 $9,470,226 -6.9%
CDNS Dec. 31, 2025 26,912 $9,453,109 12.4%
NFLX June 30, 2025 10,009 $9,333,693 -95.0%
WDC June 30, 2025 228,296 $9,230,007 549.0%
ATAT March 31, 2026 221,801 $8,738,959 -12.4%
TAL June 30, 2026 742,991 $8,447,808 26.0%
EH June 30, 2026 867,116 $8,419,696 -36.8%
SE Sept. 30, 2025 50,639 $8,099,202 -46.7%
IGV June 30, 2025 89,714 $7,983,649 -3.2%
EWY Sept. 30, 2025 110,265 $7,914,822
LITE June 30, 2026 10,927 $7,679,059 26.5%
NET June 30, 2026 36,953 $7,624,882 42.3%
HOOD Sept. 30, 2025 80,965 $7,580,753 -21.3%
SNDK March 31, 2026 31,111 $7,385,129 170.7%
NOW Sept. 30, 2025 7,121 $7,320,958 -27.0%
WRD June 30, 2026 900,297 $7,283,403 -13.7%
GEV June 30, 2025 23,772 $7,257,116 86.8%
CRM Sept. 30, 2025 25,769 $7,026,949 -1.0%
MOS June 30, 2025 260,129 $7,026,084 -42.2%
MMYT June 30, 2026 187,193 $6,980,427 -16.3%
TTMI June 30, 2026 69,917 $6,811,314 -29.5%
TME June 30, 2026 718,645 $6,669,026 -7.3%
ETN June 30, 2025 23,675 $6,435,575 22.2%
MP March 31, 2026 118,155 $5,969,191 -2.7%
QFIN June 30, 2025 132,769 $5,962,656 -85.1%
PSIX Dec. 31, 2025 59,710 $5,864,716 -21.5%
SOXX Sept. 30, 2025 21,327 $5,090,755 117.2%
GTLB June 30, 2025 106,601 $5,010,247 10.4%
COST June 30, 2025 4,899 $4,633,376 -7.0%
PANW Sept. 30, 2025 21,887 $4,478,956 98.0%
JBL June 30, 2025 31,439 $4,277,905 39.6%
KTOS March 31, 2026 50,636 $3,843,779 -38.9%
EMXC Sept. 30, 2025 58,352 $3,684,345
CLS Dec. 31, 2025 14,944 $3,681,903 31.0%
EEM June 30, 2026 52,987 $3,009,132
WH June 30, 2025 27,966 $2,531,203 -11.6%
SY June 30, 2026 737,949 $2,014,601 85.8%
SITM June 30, 2025 9,354 $1,429,946 232.9%
EDU Sept. 30, 2025 18,587 $1,002,769 4.5%
ZTO June 30, 2025 49,044 $973,033 9.9%
VRT Sept. 30, 2025 3,925 $504,009 67.2%
SPOT Dec. 31, 2025 350 $244,300 -18.6%