Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +57.1%
S&P 500 total return (same window) +37.0%
Excess return +20.1%

Annualized: +43.5% · 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: 89.3% · Options excluded: 0.0%

Sector breakdown

04
Technology 31.8%
Health Care 9.6%
Industrials 9.5%
Financials 9.0%
Retail 6.6%
Communication Services 6.6%
Energy 3.7%
Materials 2.9%
Utilities 2.1%
Consumer Discretionary 1.4%
Real Estate 0.7%
Consumer Staples 0.0%
Other/Unmapped 16.1%

Full portfolio 169 positions

05
Type Streak 8Q trend
PANW Palo Alto Networks, Inc. - Common Stock $24,622,729 3.37% 72,971 $14,630,616 Up ×1
INTC Intel Corporation - Common Stock $23,268,083 3.19% 166,641 $14,952,373 Down ×1
MSFT Microsoft Corporation - Common Stock $19,408,643 2.66% 46,104 $10,692,295 Up ×1
LLY Eli Lilly and Company Common Stock $16,018,060 2.19% 13,652 $1,035,946 Down ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $15,798,942 2.16% 38,062 $12,475,064 Up ×1
AMAT Applied Materials, Inc. - Common Stock $15,616,929 2.14% 30,759 $6,037,370 Down ×1
NVDA NVIDIA Corporation - Common Stock $15,011,265 2.06% 74,809 $-1,521,964 Down ×1
AAPL Apple Inc. - Common Stock $14,893,337 2.04% 51,470 $2,383,050 Up ×1
AMZN Amazon.com, Inc. - Common Stock $14,456,563 1.98% 57,469 $8,160,717 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $14,219,591 1.95% 39,844 $6,074,705 Up ×1
ASML ASML Holding N.V. - New York Registry Shares $14,173,915 1.94% 8,699 $2,805,583 Down ×1
MA Mastercard Incorporated Common Stock $13,986,188 1.92% 24,482 $13,571,729 Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock $13,611,576 1.86% 28,284 $-598,582 Down ×1
V Visa Inc. $13,387,558 1.83% 37,982 $7,554,171 Up ×1
COST Costco Wholesale Corporation - Common Stock $12,312,728 1.69% 13,079 $7,240,444 Up ×1
META Meta Platforms, Inc. - Class A Common Stock $11,949,167 1.64% 21,303 $5,175,984 Up ×1
LRCX (filed as LRCXXXXX) Lam Research Corporation - Common Stock $11,940,631 1.64% 40,744 $-906,086 Down ×1
ORCL Oracle Corporation Common Stock $11,884,148 1.63% 85,947 $4,814,957 Up ×1
ESN Essential 40 Stock ETF $11,771,319 1.61% 592,014 $1,599,260 Down ×1
HD Home Depot, Inc. (The) Common Stock $11,639,578 1.59% 33,798 $1,301,438 Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $10,886,199 1.49% 26,896 $2,275,172 Down ×1
KLAC KLA Corporation - Common Stock $10,812,889 1.48% 59,145 $4,685,241 Up ×1
MPC Marathon Petroleum Corporation Common Stock $10,158,792 1.39% 39,734 $5,116,774 Up ×1
DAL Delta Air Lines, Inc. Common Stock $9,960,647 1.36% 106,349 $4,636,834 Up ×1
PLTR Palantir Technologies Inc. - Class A Common Stock $9,624,621 1.32% 78,479 Up ×1
NOW ServiceNow, Inc. Common Stock $9,576,903 1.31% 86,100 Up ×1
JNJ Johnson & Johnson Common Stock $9,504,827 1.30% 37,425 $2,235,915 Up ×1
SOXX iShares Trust $9,465,307 1.30% 14,772 $4,864,337 Down ×1
CVS CVS Health Corporation Common Stock $9,161,325 1.26% 88,558 $2,490,641 Up ×1
JPM JP Morgan Chase & Co. Common Stock $8,780,300 1.20% 26,824 $1,103,086 Up ×1
Unknown issuer (CUSIP: 84615Q103) $8,614,089 1.18% 79,403 Up ×1
MAS Masco Corporation Common Stock $8,504,467 1.17% 104,516 $4,277,079 Up ×1
XOM Exxon Mobil Corporation Common Stock $8,451,618 1.16% 61,228 $2,965,919 Up ×1
CB Chubb Limited Common Stock $8,264,308 1.13% 24,254 $2,447,015 Up ×1
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $8,255,268 1.13% 43,253 Up ×1
EPD Enterprise Products Partners L.P. Common Stock $8,245,194 1.13% 224,298 $3,549,045 Up ×1
SYY Sysco Corporation Common Stock $8,109,517 1.11% 97,027 $3,381,124 Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $7,954,199 1.09% 15,896 $1,194,059 Up ×1
FCX Freeport-McMoRan, Inc. Common Stock $7,839,805 1.07% 124,659 $2,214,101 Up ×1
WM Waste Management, Inc. Common Stock $7,749,983 1.06% 34,772 $2,292,826 Up ×1
DUK Duke Energy Corporation (Holding Company) Common Stock $7,746,190 1.06% 61,196 $2,515,459 Up ×1
FDX FedEx Corporation Common Stock $7,472,221 1.02% 23,863 $2,266,964 Up ×1
NTR Nutrien Ltd. Common Shares $7,287,910 1.00% 115,773 $1,704,472 Up ×1
VZ Verizon Communications Inc. Common Stock $7,268,254 1.00% 171,664 $2,554,367 Up ×1
F Ford Motor Company Common Stock $7,077,630 0.97% 509,182 $1,078,943 Up ×1
AWK American Water Works Company, Inc. Common Stock $6,967,029 0.95% 52,949 $-1,028,967 Down ×1
IBM International Business Machines Corporation Common Stock $6,950,105 0.95% 24,715 $19,976 Up ×1
MMM 3M Company Common Stock $6,868,708 0.94% 42,423 $1,401,933 Up ×1
LMT Lockheed Martin Corporation Common Stock $6,734,042 0.92% 13,218 $1,910,885 Up ×1
BA Boeing Company (The) Common Stock $6,680,264 0.92% 30,860 $889,891 Up ×1
PFE Pfizer, Inc. Common Stock $6,618,605 0.91% 274,859 $2,502,635 Up ×1
ANET (filed as ANETXXXX) Arista Networks, Inc. Common Stock $6,512,943 0.89% 36,133
HCA HCA Healthcare, Inc. Common Stock $6,380,964 0.87% 15,853 $-858,167 Up ×1
IGM iShares Expanded Tech Sector ETF $6,299,302 0.86% 38,509 $749,685 Down ×1
ADP Automatic Data Processing, Inc. - Common Stock $6,296,354 0.86% 28,115 $1,802,546 Up ×1
XLK SELECT SECTOR SPDR TRUST $6,063,070 0.83% 31,824 $1,244,160 Down ×1
CME CME Group Inc. - Class A Common Stock $5,994,872 0.82% 27,147 $308,800 Up ×1
NEM Newmont Corporation $5,666,858 0.78% 60,673 Up ×1
EQIX Equinix, Inc. - Common Stock $5,366,810 0.74% 5,265 $612,787 Down ×1
ISRG Intuitive Surgical, Inc. - Common Stock $5,061,452 0.69% 14,325 Up ×1
AVGO Broadcom Inc. - Common Stock $5,058,407 0.69% 13,007 $850,177 Up ×1
SPY SPY $4,893,584 0.67% 6,553 $-1,522,602 Down ×1
Unknown issuer (CUSIP: 71531T105) $4,474,013 0.61% 119,307 Up ×1
NFLX Netflix, Inc. - Common Stock $4,283,554 0.59% 59,744 $4,075,407 Up ×1
NEAR iShares U.S. ETF Trust $3,894,437 0.53% 76,874 $284,529 Up ×1
IWR iShares Russell Mid-Cap ETF $3,228,294 0.44% 29,263 $373,792 Down ×1
IYF iShares U.S. Financial ETF $3,223,963 0.44% 25,284 $-922,296 Down ×1
XLI SELECT SECTOR SPDR TRUST $3,206,632 0.44% 17,312 $-95,942 Down ×1
HWM Howmet Aerospace Inc. Common Stock $3,152,562 0.43% 11,169 $391,968 Down ×1
TRV The Travelers Companies, Inc. Common Stock $3,133,393 0.43% 8,370 $204,077 Down ×1
VRT Vertiv Holdings, LLC Class A Common Stock $3,119,118 0.43% 12,908 Up ×1
IGV iShares Expanded Tech-Software Sector ETF $3,058,022 0.42% 33,753 $-1,624,785 Down ×1
IYW iShares U.S. Technology ETF $2,990,691 0.41% 11,857 $294,013 Down ×1
GOOG Alphabet Inc. - Class C Capital Stock $2,834,717 0.39% 8,023 $780,582 Up ×1
BAC Bank of America Corporation Common Stock $2,739,632 0.38% 44,482 $-304,178 Down ×1
IWM iShares Russell 2000 Index Fund $2,716,068 0.37% 9,040 $492,505 Up ×1
TSLA Tesla, Inc. - Common Stock $2,456,304 0.34% 5,840 $727,131 Up ×1
STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) $2,293,805 0.31% 2,377 $1,590,459 Down ×1
IBB iShares Trust $2,178,436 0.30% 11,454 $1,257,627 Up ×1
CAT Caterpillar, Inc. Common Stock $2,150,033 0.29% 2,019 $834,151 Down ×1
XLC SELECT SECTOR SPDR TRUST $1,876,894 0.26% 17,520 $-85,567 Up ×1
Unknown issuer (CUSIP: 314352105) $1,789,048 0.25% 11,848 Up ×1
SYK Stryker Corporation Common Stock $1,680,044 0.23% 5,188 $-399,253 Down ×1
DBJP DBX ETF Trust $1,555,060 0.21% 13,547 $306,783 Up ×1
IYJ iShares U.S. Industrials ETF $1,439,856 0.20% 8,640 $-593,925 Down ×1
XLU XLU $1,357,797 0.19% 29,947 $246,576 Up ×1
PSI Invesco Semiconductors ETF $1,342,350 0.18% 7,147 $778,895 Up ×1
SPIB State Street SPDR Portfolio Intermediate Term Corporate Bond ETF $1,334,753 0.18% 39,891 $99,099 Up ×1
DBEZ DBX ETF Trust $1,238,138 0.17% 19,748 $176,309 Up ×1
FTSM First Trust Enhanced Short Maturity ETF $1,160,793 0.16% 19,434 $3,005 Up ×1
WMT Walmart Inc. - Common Stock $1,128,296 0.15% 9,962 $-4,632 Down ×1
IYE iShares U.S. Energy ETF $1,090,376 0.15% 19,268 $174,568
DBEF DBX ETF Trust $1,084,733 0.15% 19,856 $156,162 Up ×1
QMCO Quantum Corporation - Common Stock $960,515 0.13% 90,274 Up ×1
GOVT iShares Trust $916,964 0.13% 40,253 $42,704 Up ×1
SPLB State Street SPDR Portfolio Long Term Corporate Bond ETF $862,714 0.12% 38,514 $91,607 Up ×1
MS Morgan Stanley Common Stock $855,810 0.12% 4,094 $129,002
ITA iShares U.S. Aerospace & Defense ETF $844,591 0.12% 3,484 $68,701 Down ×1
IYC iShares U.S. Consumer Discretionary ETF $836,603 0.11% 8,275 $-249,768 Down ×1
IYT iShares U.S. Transportation ETF $804,086 0.11% 9,269 $-34,896 Down ×1

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
PLTR $9,624,621 78,479 1.32%
NOW $9,576,903 86,100 1.31%
Unknown issuer (CUSIP: 84615Q103) $8,614,089 79,403 1.18%
CRWD $8,255,268 43,253 1.13%
ANET (filed as ANETXXXX) $6,512,943 36,133 0.89%
NEM $5,666,858 60,673 0.78%
ISRG $5,061,452 14,325 0.69%
Unknown issuer (CUSIP: 71531T105) $4,474,013 119,307 0.61%
VRT $3,119,118 12,908 0.43%
Unknown issuer (CUSIP: 314352105) $1,789,048 11,848 0.25%
QMCO $960,515 90,274 0.13%
IDGT $653,780 5,460 0.09%
IONQ $596,851 16,379 0.08%
ARQQ $537,779 31,394 0.07%
IYM $517,944 2,885 0.07%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
INTC Trimmed -59K +$15.0M
PANW Bought more +19K +$14.6M
UNH Bought more +28K +$12.5M
MSFT Bought more +28K +$10.7M
AMZN Bought more +30K +$8.2M
V Bought more +21K +$7.6M
COST Bought more +7K +$7.2M
GOOGL Bought more +14K +$6.1M
AMAT Trimmed -7K +$6.0M
META Bought more +11K +$5.2M

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
FWONA June 30, 2026 207,502 $18,546,529 1.1%
MU June 30, 2026 60,372 $17,230,773 -7.6%
CMCSA June 30, 2026 361,694 $10,811,034 -12.4%
FWONK June 30, 2026 62,489 $6,155,791 0.7%
LBRDK June 30, 2026 119,601 $5,812,609 No longer tracked
GLIBK June 30, 2026 120,248 $4,474,428 8.7%
WDIV June 30, 2026 55,145 $4,160,481
JPIN June 30, 2026 60,634 $4,131,601
SCHD June 30, 2026 150,096 $4,117,133 4.7%
LIN June 30, 2026 8,508 $3,627,726 -6.3%
NXPI June 30, 2026 14,643 $3,178,410 -12.8%
AVGO Sept. 30, 2025 8,140 $2,243,791 14.7%
LLYVK (filed as LLYVKXXXX) June 30, 2026 17,598 $1,463,450 -5.0%
LLYVA June 30, 2026 14,451 $1,177,757 -4.0%
DHR June 30, 2026 4,003 $916,367 14.1%
BATRK June 30, 2026 21,531 $849,398 0.7%
IDU June 30, 2026 6,965 $754,727 -9.1%
IYK Dec. 31, 2025 10,682 $730,542 7.7%
SMCI Dec. 31, 2025 13,400 $642,396 48.1%
MTUM Sept. 30, 2025 2,321 $557,783
XLV Sept. 30, 2025 3,942 $531,342 20.5%
ANET (filed as ANETXXXX) Sept. 30, 2025 4,918 $503,161 44.7%
MGM June 30, 2026 12,621 $460,540 -35.7%
CTVA June 30, 2026 6,732 $451,246 -83.6%
ORCX June 30, 2026 23,792 $409,936
VBR Sept. 30, 2025 2,049 $399,575
IYG June 30, 2026 4,153 $383,114 0.8%
TUR Sept. 30, 2025 11,302 $364,603
HOOD Sept. 30, 2025 3,610 $338,004 -20.2%
EWP Sept. 30, 2025 7,354 $323,797
PNQI June 30, 2026 5,984 $322,821
IYY June 30, 2026 1,878 $311,391 4.0%
PXE June 30, 2025 10,089 $295,406
BCSF Sept. 30, 2025 19,428 $292,197 -22.9%
PM Dec. 31, 2025 1,733 $281,093 19.3%
IVW Sept. 30, 2025 2,500 $275,250 21.5%
HON Sept. 30, 2025 1,158 $269,675 6.9%
GLD Sept. 30, 2025 884 $269,470
IAT June 30, 2025 5,433 $253,341
IAI Sept. 30, 2025 1,479 $250,158
SPLV Sept. 30, 2025 3,367 $245,185
UNM Sept. 30, 2025 3,000 $242,280 19.6%
PHO June 30, 2026 3,406 $239,815
WAB June 30, 2026 1,085 $231,593 9.0%
IP June 30, 2025 4,233 $225,831 -31.0%
WSO Sept. 30, 2025 508 $224,343 -27.9%
GGME June 30, 2026 3,673 $218,800
TMO Sept. 30, 2025 533 $216,110 35.9%
TMUS June 30, 2025 864 $214,062 -31.5%
VO Sept. 30, 2025 740 $207,074 10.3%
IAI June 30, 2026 1,153 $206,814
AZO Dec. 31, 2025 47 $201,641 -14.4%
TSCO June 30, 2025 3,645 $200,840 -39.6%
SYF June 30, 2026 2,400 $200,232 -4.7%
FBTC June 30, 2026 2,625 $200,104
DOMH March 31, 2026 13,954 $69,072 -36.6%
ASPI March 31, 2026 12,000 $64,200 -35.1%
PNSTQ Sept. 30, 2025 144,912 $7,615 No longer tracked