Sector breakdown

04
Energy 1.9%
Healthcare 1.8%
Technology 1.5%
Industrials 1.5%
Financials 1.3%
Retail 0.4%
Communication Services 0.3%
Consumer products 0.2%
Consumer Discretionary 0.2%
Consumer Staples 0.2%
Utilities 0.1%
Real Estate 0.0%
Materials 0.0%
Other/Unmapped 90.5%

Full portfolio 353 positions

05
Type Streak 8Q trend
VTI Vanguard Morningstar Total Stock Market ETF $42,185,976 11.22% 114,004 $12,005,063 Up ×6
GSLC Goldman Sachs ETF Trust $27,274,202 7.26% 192,221 $6,962,941 Up ×1
SCHF SCHWAB STRATEGIC TRUST $23,886,966 6.36% 862,345 $1,913,792 Down ×4
VEA Vanguard FTSE Developed Markets ETF $20,012,917 5.33% 280,883 $4,683,536 Up ×1
VGIT Vanguard Intermediate-Term Treasury ETF $16,766,811 4.46% 284,280 $3,039,743 Up ×6
VGSH Vanguard Short-Term Treasury ETF $16,081,979 4.28% 276,323 $3,182,969 Up ×1
VWO Vanguard FTSE Emerging Markets ETF $15,375,405 4.09% 257,588 $3,153,934 Up ×1
AVLV AMERICAN CENTURY ETF TRUST $14,911,666 3.97% 163,487 $3,647,988 Up ×1
DFCF Dimensional ETF Trust $14,548,207 3.87% 344,663 $760,629 Up ×6
DFAT Dimensional ETF Trust $14,240,918 3.79% 203,733 $3,821,798 Up ×1
GSIE Goldman Sachs ActiveBeta International Equity ETF $12,854,789 3.42% 281,286 $2,742,677 Up ×1
DFIV Dimensional ETF Trust $10,210,238 2.72% 189,008 $1,202,104 Up ×1
AVEM AMERICAN CENTURY ETF TRUST $8,492,520 2.26% 88,015 $2,520,707 Up ×1
DFGP Dimensional Global Core Plus Fixed Income ETF $8,316,537 2.21% 152,709 $588,251 Up ×5
VCRB Vanguard Core Bond ETF $7,322,303 1.95% 94,808 $813,707 Up ×5
AVDV AMERICAN CENTURY ETF TRUST $7,078,625 1.88% 68,691 $1,149,733 Up ×1
MUB iShares Trust $6,782,832 1.80% 63,026 $4,479,687 Up ×5
BOXX EA Series Trust $6,528,748 1.74% 55,758 $711,878 Up ×4
SUB iShares Short-Term National Muni Bond ETF $6,325,607 1.68% 59,412 $4,463,550 Up ×5
VTEB Vanguard Tax-Exempt Bond ETF $6,236,070 1.66% 123,291 $4,479,811 Up ×5
DFNM Dimensional ETF Trust $5,719,151 1.52% 118,323 $4,488,150 Up ×5
SCHP SCHWAB STRATEGIC TRUST $4,747,237 1.26% 179,141 $-48,843 Down ×1
TMLP Tortoise MLP ETF $4,078,006 1.09% 147,412 Up ×1
TRGP Targa Resources, Inc. Common Stock $3,343,974 0.89% 12,471 $217,120
ITOT iShares Trust $3,310,533 0.88% 20,153 $-132,855 Down ×1
FNDX SCHWAB STRATEGIC TRUST $3,107,263 0.83% 99,912 $308,561 Down ×2
IEFA iShares Core MSCI EAFE ETF $3,007,018 0.80% 31,135 $170,079 Down ×6
DUSB Dimensional ETF Trust $2,915,451 0.78% 57,413 $1,654,571 Up ×1
VGLT Vanguard Long-Term Treasury ETF $2,297,464 0.61% 41,636 $118,859 Up ×6
BRK-A (filed as BRKA) Berkshire Hathaway Inc. Class A $2,246,550 0.60% 3 $92,130
IVV iShares Trust $2,005,527 0.53% 2,678 $256,231
SHV iShares 0-1 Year Treasury Bond ETF $1,651,295 0.44% 14,964 $64,311 Up ×1
PDFS PDF Solutions, Inc. - Common Stock $1,390,670 0.37% 19,645 $589,275 Down ×1
VUSB Vanguard Ultra-Short Bond ETF $1,353,468 0.36% 27,189 $1,267,240 Up ×1
LGND Ligand Pharmaceuticals Incorporated - Common Stock $1,251,716 0.33% 3,960 $461,102
XOM Exxon Mobil Corporation Common Stock $1,133,409 0.30% 8,290 $-269,510 Up ×1
BNDX Vanguard Total International Bond ETF $1,104,398 0.29% 22,804 $-70,088 Down ×3
VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares $1,099,484 0.29% 21,889 $-24,091 Down ×2
BND Vanguard Total Bond Market ETF $1,074,135 0.29% 14,632 $-40,038 Down ×6
AVUV AMERICAN CENTURY ETF TRUST $960,861 0.26% 7,702 $149,716 Up ×1
MUNI PIMCO ETF Trust $915,556 0.24% 17,406 $7,137
FNDF SCHWAB STRATEGIC TRUST $907,472 0.24% 17,200 $65,876
VONV Vanguard Russell 1000 Value ETF $895,130 0.24% 8,420 $105,839
IEMG iShares, Inc. $866,415 0.23% 10,459 $88,031 Down ×3
ACWI iShares MSCI ACWI ETF $798,192 0.21% 5,085 $94,581
NVEC NVE Corporation - Common Stock $774,193 0.21% 7,405 $289,165
CDNL Cardinal Infrastructure Group Inc. - Class A Common Stock $698,493 0.19% 7,415 Up ×1
SEI Solaris Energy Infrastructure, Inc. Class A Common Stock $672,646 0.18% 8,360 $200,222
KRT Karat Packaging Inc. - Common Stock $669,535 0.18% 20,010 $110,856
META Meta Platforms, Inc. - Class A Common Stock $664,682 0.18% 1,180 $-10,431
IRMD iRadimed Corporation - Common Stock $653,630 0.17% 6,840 $-4,788
CVLG Covenant Logistics Group, Inc. Class A Common Stock $648,562 0.17% 14,680 $359,659 Up ×1
PNTG The Pennant Group, Inc. - Common Stock $648,473 0.17% 17,550 $113,549
MCB Metropolitan Bank Holding Corp. Common Stock $637,990 0.17% 6,460 $99,937
AAPL Apple Inc. - Common Stock $613,733 0.16% 2,121 $270,609 Up ×1
BFST Business First Bancshares, Inc. - Common Stock $607,532 0.16% 19,770 $72,951
WULF TeraWulf Inc. - Common Stock $606,015 0.16% 24,535 $251,975
UFPT UFP Technologies, Inc. - Common Stock $585,937 0.16% 2,210 $158,081
AGX Argan, Inc. Common Stock $569,366 0.15% 713 $121,664 Down ×2
TILT Northern Trust Morningstar US Market Factor Tilt ETF $560,446 0.15% 2,030 $69,241 Down ×1
TFIN TFIN $553,629 0.15% 7,255 $120,796
BNDW Vanguard Total World Bond ETF $539,742 0.14% 7,876 $1,076 Down ×1
PAHC Phibro Animal Health Corporation - Class A Common Stock $538,667 0.14% 17,155 $-410,176
GRBK Green Brick Partners, Inc. Common Stock $536,348 0.14% 6,701 $104,469
ANIP ANI Pharmaceuticals, Inc. - Common Stock $513,236 0.14% 6,200 $36,456
IJH iShares Trust $503,083 0.13% 6,524 $62,502
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $495,886 0.13% 991 $38,250 Up ×1
PLPC Preformed Line Products Company - Common Stock $474,197 0.13% 1,155 $161,481
BLFS BioLife Solutions, Inc. - Common Stock $467,937 0.12% 16,570 $151,781
WLDN Willdan Group, Inc. - Common Stock $467,481 0.12% 5,910 $248,519 Up ×1
SCHR SCHWAB STRATEGIC TRUST $450,489 0.12% 18,268 $8,212 Up ×1
LMAT LeMaitre Vascular, Inc. - Common Stock $448,613 0.12% 4,675 $-61,757
BIL SPDR SERIES TRUST $432,358 0.12% 4,718 $-46,003 Down ×1
GRDN Guardian Pharmacy Services, Inc. Class A Common Stock $431,261 0.11% 10,300 $43,363
TSLA Tesla, Inc. - Common Stock $420,600 0.11% 1,000 $48,850
EE Excelerate Energy, Inc. Class A Common Stock $417,700 0.11% 10,995 $50,247
PLOW Douglas Dynamics, Inc. Common Stock $411,423 0.11% 7,626 $-263,322 Down ×1
GLD SPDR Gold Shares $408,533 0.11% 1,109 $60,428 Up ×2
WRBY Warby Parker Inc. Class A Common Stock $406,708 0.11% 13,405 $124,265
COCO The Vita Coco Company, Inc. - Common Stock $391,549 0.10% 5,920 $-28,382 Down ×1
SCHO SCHWAB STRATEGIC TRUST $389,499 0.10% 16,135 $-16,368 Down ×3
FNDC SCHWAB STRATEGIC TRUST $382,216 0.10% 7,871 $17,177 Down ×1
CVX Chevron Corporation Common Stock $377,767 0.10% 2,279 $-95,620 Down ×3
VO Vanguard Morningstar Mid-Cap ETF $366,840 0.10% 4,553 $40,085 Up ×1
TTI Tetra Technologies, Inc. Common Stock $361,087 0.10% 31,870 $89,555
VIG Vanguard Div Appreciation ETF $357,603 0.10% 1,511 $24,794 Down ×1
PWP Perella Weinberg Partners - Class A Common Stock $352,078 0.09% 22,060 $-48,532
MELI MercadoLibre, Inc. - Common Stock $339,478 0.09% 200 $-6,326
OUST Ouster, Inc. - Common Stock $335,732 0.09% 5,370 Up ×1
MRK Merck & Company, Inc. Common Stock (new) $335,128 0.09% 2,608 $22,374 Up ×1
MGRC McGrath RentCorp - Common Stock $331,622 0.09% 2,740 $171,716 Up ×1
ORA Ormat Technologies, Inc. Common Stock $325,611 0.09% 2,990 Up ×1
BILS SPDR SERIES TRUST $323,979 0.09% 3,260 $-36,491 Down ×1
WBI WaterBridge Infrastructure LLC Class A Shares Representing Limited Liability Company Interests $322,069 0.09% 9,398 $7,956 Down ×1
AMSC American Superconductor Corporation - Common Stock $316,514 0.08% 7,625 Up ×1
KRUS Kura Sushi USA, Inc. - Class A Common Stock $300,751 0.08% 5,225 $-63,902
PEGA Pegasystems Inc. - Common Stock $287,742 0.08% 9,601 $-120,877
NCNO nCino, Inc. - Common Stock $281,465 0.07% 17,215 $23,584
JNJ Johnson & Johnson Common Stock $279,113 0.07% 1,099 $-10,548 Down ×1
WTTR Select Water Solutions, Inc. Class A common stock $269,530 0.07% 13,490 $-127,964 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
VTI $42,185,976 11.22% up ×6
VGIT $16,766,811 4.46% up ×6
DFCF $14,548,207 3.87% up ×6
DFGP $8,316,537 2.21% up ×5
VCRB $7,322,303 1.95% up ×5
MUB $6,782,832 1.80% up ×5
BOXX $6,528,748 1.74% up ×4
SUB $6,325,607 1.68% up ×5
VTEB $6,236,070 1.66% up ×5
DFNM $5,719,151 1.52% up ×5
VGLT $2,297,464 0.61% up ×6
VOO $219,215 0.06% up ×4
VTV $156,687 0.04% up ×4
AVDE $76,890 0.02% up ×4
AVES $26,174 0.01% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
TMLP $4,078,006 147,412 1.09%
CDNL $698,493 7,415 0.19%
OUST $335,732 5,370 0.09%
ORA $325,611 2,990 0.09%
AMSC $316,514 7,625 0.08%
OPLN $253,420 6,145 0.07%
LQDT $226,700 5,795 0.06%
TBN $181,406 5,580 0.05%
NNBR $141,880 39,521 0.04%
AVLC $60,093 668 0.02%
GSOL $42,858 7,750 0.01%
GLW $41,124 161 0.01%
AVIV $40,800 527 0.01%
SMH $32,795 50 0.01%
MBB $22,874 242 0.01%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VTI Bought more +20K +$12.0M
GSLC Bought more +30K +$7.0M
VEA Bought more +42K +$4.7M
DFNM Bought more +93K +$4.5M
VTEB Bought more +88K +$4.5M
MUB Bought more +41K +$4.5M
SUB Bought more +42K +$4.5M
DFAT Bought more +37K +$3.8M
AVLV Bought more +24K +$3.6M
VGSH Bought more +56K +$3.2M

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
LLY Sept. 30, 2025 891 $694,561 49.8%
BPRE March 31, 2026 45,970 $689,550 -23.4%
SMCI Dec. 31, 2025 14,000 $671,160 47.6%
IIIV June 30, 2026 20,275 $453,349 -29.9%
GLIBK June 30, 2026 10,005 $372,286 9.2%
OSW March 31, 2026 17,460 $362,120 -0.1%
ODD March 31, 2026 7,045 $283,068 46.4%
RPAY June 30, 2025 48,311 $269,092 -19.1%
EPM Dec. 31, 2025 53,995 $260,256 No longer tracked
MITK June 30, 2025 25,678 $211,844 78.8%
LMB March 31, 2026 2,680 $208,638 -36.0%
VITL June 30, 2026 13,590 $191,891 -20.5%
SPY Dec. 31, 2025 280 $186,750 No longer tracked
INFU June 30, 2025 33,967 $182,742 No longer tracked
QNST March 31, 2026 11,440 $164,393 24.8%
FWRG March 31, 2026 10,825 $163,241 0.3%
NCMI Sept. 30, 2025 26,113 $126,517 -52.5%
SLP Sept. 30, 2025 4,355 $75,995 22.8%
EPD Dec. 31, 2025 2,144 $67,043 14.8%
ARIS Dec. 31, 2025 2,673 $65,916 8.3%
SLB Dec. 31, 2025 1,623 $55,783 31.0%
KMI Sept. 30, 2025 1,800 $52,920 11.0%
CRWD June 30, 2026 100 $39,041 42.9%
PSX June 30, 2025 272 $33,587 126.1%
HYMB Dec. 31, 2025 1,275 $31,786 -5.1%
NN Sept. 30, 2025 2,000 $30,400 -6.9%
IAGG Sept. 30, 2025 581 $29,683
BIV June 30, 2025 377 $28,867
SPOT Dec. 31, 2025 36 $25,128 -16.8%
FNV Sept. 30, 2025 150 $24,588 8.0%
PGX Dec. 31, 2025 2,000 $23,200
VZ Dec. 31, 2025 500 $21,975 12.6%
FAST Dec. 31, 2025 440 $21,578 26.3%
NNOX Sept. 30, 2025 4,000 $20,680 -82.6%
NXPI June 30, 2026 100 $19,686 -13.9%
MET Sept. 30, 2025 224 $18,014 17.6%
PPTY June 30, 2025 536 $16,921
LEN June 30, 2025 142 $16,299 -32.7%
QUBT June 30, 2025 2,000 $16,000 -58.6%
STZ Dec. 31, 2025 114 $15,352 -17.9%
ADSK June 30, 2026 63 $15,082 14.0%
FWONK March 31, 2026 145 $14,284 11.7%
SANM June 30, 2026 100 $12,964 -11.1%
BRO June 30, 2026 190 $12,390 -5.0%
ANET June 30, 2026 100 $12,278 21.8%
ICF Dec. 31, 2025 185 $11,400 5.0%
BAM Dec. 31, 2025 188 $10,705 -14.6%
EL June 30, 2025 160 $10,560 15.5%
CMCSA Dec. 31, 2025 330 $10,369 -23.0%
KKR June 30, 2026 112 $10,360 -2.0%
RXRX Sept. 30, 2025 2,000 $10,120 -2.0%
NEM March 31, 2026 100 $9,985 7.0%
SHYG Dec. 31, 2025 230 $9,959
RDVY Dec. 31, 2025 131 $8,811
WRD Sept. 30, 2025 1,000 $7,880 -48.8%
SVXY Sept. 30, 2025 177 $7,540 26.7%
STLA Dec. 31, 2025 800 $7,472 -58.8%
BXP Dec. 31, 2025 100 $7,434 -12.0%
AON March 31, 2026 21 $7,410 -15.7%
ARES March 31, 2026 44 $7,112 7.4%
E Dec. 31, 2025 200 $6,990 44.0%
COR Dec. 31, 2025 22 $6,876 -6.8%
HEI-A (filed as HEIA) March 31, 2026 26 $6,563 No longer tracked
NVTS Sept. 30, 2025 1,000 $6,550 70.9%
SNDK June 30, 2026 10 $6,353 -25.1%
CPB Dec. 31, 2025 200 $6,316 -30.7%
PWR June 30, 2026 11 $6,039 -5.1%
HL Sept. 30, 2025 1,000 $5,990 40.6%
LYB Dec. 31, 2025 120 $5,885 36.8%
YLD Dec. 31, 2025 300 $5,835
TSM Dec. 31, 2025 19 $5,307 59.9%
REET Dec. 31, 2025 200 $5,112
ETHE Sept. 30, 2025 215 $4,485 -36.6%
GSK Dec. 31, 2025 100 $4,316 -5.1%
OC June 30, 2025 30 $4,285 -14.6%
ACVA Sept. 30, 2025 258 $4,185 6.0%
UPS Dec. 31, 2025 50 $4,177 -6.1%
GS Dec. 31, 2025 5 $3,982 1.6%
PUK Dec. 31, 2025 125 $3,499 -21.2%
JPIB Dec. 31, 2025 70 $3,432
INKM Dec. 31, 2025 100 $3,312
MS Sept. 30, 2025 22 $3,099 19.6%
SPSB Dec. 31, 2025 100 $3,029
JNK Dec. 31, 2025 30 $2,940 -4.8%
TM Dec. 31, 2025 15 $2,866 -14.0%
BF-B (filed as BFB) Dec. 31, 2025 100 $2,708 No longer tracked
BTI Dec. 31, 2025 50 $2,654 -6.6%
KHC Dec. 31, 2025 100 $2,604 -9.9%
GIS Dec. 31, 2025 50 $2,521 -31.9%
MGA Dec. 31, 2025 50 $2,369 21.8%
BMY Dec. 31, 2025 50 $2,255 9.0%
FTNT Sept. 30, 2025 20 $2,114 119.0%
FVRR March 31, 2026 100 $1,976 -14.3%
ESAB June 30, 2026 19 $1,837 -27.5%
SLG Dec. 31, 2025 25 $1,495 4.7%
FWONA March 31, 2026 14 $1,251 12.1%
CHKEL Sept. 30, 2025 10 $1,079 No longer tracked
NBIS June 30, 2026 10 $1,038 -15.8%
TGT Dec. 31, 2025 10 $897 56.5%
USMV Dec. 31, 2025 9 $856
IVLU Sept. 30, 2025 23 $756
LLYVK (filed as LLYVKXXXX) Dec. 31, 2025 7 $679 18.9%
FWDI March 31, 2026 100 $661 83.1%
ETH Sept. 30, 2025 21 $498 -34.1%
EXE Sept. 30, 2025 4 $468 -18.6%
FVAL Sept. 30, 2025 3 $192