Sector breakdown

04
Technology 1.6%
Communication Services 0.9%
Healthcare 0.5%
Industrials 0.5%
Energy 0.3%
Financials 0.3%
Retail 0.2%
Consumer Discretionary 0.1%
Consumer products 0.1%
Other/Unmapped 95.5%

Full portfolio 56 positions

05
Type Streak 8Q trend
DFAU Dimensional ETF Trust $148,064,791 39.82% 2,864,477 $18,527,938 Down ×1
DFIC Dimensional ETF Trust $57,250,214 15.40% 1,536,506 $1,444,901 Down ×2
DFEM Dimensional ETF Trust $38,808,512 10.44% 954,934 $4,275,428 Down ×2
AVLV AMERICAN CENTURY ETF TRUST $18,334,213 4.93% 201,011 Up ×1
IVV iShares Trust $15,912,241 4.28% 21,248 $2,086,923 Up ×4
AVUQ Avantis U.S. Quality ETF $15,274,184 4.11% 231,427 Up ×1
DFUV Dimensional ETF Trust $7,376,722 1.98% 134,098 $-15,366,025 Down ×1
AVUV AMERICAN CENTURY ETF TRUST $7,001,781 1.88% 56,122 Up ×1
DUHP Dimensional ETF Trust $6,800,596 1.83% 162,967 $-13,960,220 Down ×1
SHY iShares 1-3 Year Treasury Bond ETF $6,753,137 1.82% 82,245 $152,574 Up ×3
BILZ PIMCO ETF Trust $6,566,001 1.77% 65,055 $145,016 Up ×1
IAGG iShares Trust $6,384,788 1.72% 126,182 $209,631 Up ×1
DFSD Dimensional ETF Trust $6,278,409 1.69% 131,485 $148,668 Up ×3
AAPL Apple Inc. - Common Stock $2,479,494 0.67% 8,569 $323,829 Up ×1
DFAS Dimensional ETF Trust $2,315,905 0.62% 28,126 $-4,770,641 Down ×1
JMST J.P. Morgan Exchange-Traded Fund Trust $1,786,530 0.48% 35,030 $23,998 Up ×4
NVDA NVIDIA Corporation - Common Stock $1,693,562 0.46% 8,464 $226,160 Up ×1
IEFA iShares Trust $1,677,208 0.45% 17,366 $89,764 Down ×4
VOO VANGUARD INDEX FUNDS $1,635,981 0.44% 2,382 $206,641 Down ×1
JMUB J.P. Morgan Exchange-Traded Fund Trust $1,537,531 0.41% 30,353 $42,080 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $1,418,267 0.38% 4,014 $241,280 Down ×3
MSFT Microsoft Corporation - Common Stock $1,277,125 0.34% 3,424 $-17,264 Down ×3
IJH iShares Trust $1,115,242 0.30% 14,463 $112,219 Down ×1
MUNI PIMCO ETF Trust $1,019,178 0.27% 19,376 $32,735 Up ×1
AMZN Amazon.com, Inc. - Common Stock $901,402 0.24% 3,782 $89,566 Down ×3
ABBV AbbVie Inc. Common Stock $859,854 0.23% 3,417 $151,272 Up ×1
SMMU PIMCO ETF Trust $754,268 0.20% 14,936 $11,997 Up ×4
AVDE AMERICAN CENTURY ETF TRUST $701,736 0.19% 7,867 Up ×1
XOM Exxon Mobil Corporation Common Stock $665,192 0.18% 4,865 $-219,611 Down ×4
IJR iShares Trust $599,914 0.16% 4,045 $81,790 Down ×1
FITB Fifth Third Bancorp - Common Stock $537,883 0.14% 9,542 Up ×1
AVUS AMERICAN CENTURY ETF TRUST $518,596 0.14% 4,049 Up ×1
ROK Rockwell Automation, Inc. Common Stock $504,982 0.14% 1,020 $140,360 Up ×1
VZ Verizon Communications Inc. Common Stock $472,303 0.13% 11,155 $-67,447 Up ×2
LLY Eli Lilly and Company Common Stock $462,980 0.12% 386 $96,912 Down ×2
AVEM AMERICAN CENTURY ETF TRUST $449,354 0.12% 4,657 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $420,982 0.11% 1,178 $68,433 Down ×3
TSLA Tesla, Inc. - Common Stock $393,682 0.11% 936 $28,995 Down ×4
CVX Chevron Corporation Common Stock $389,868 0.10% 2,352 $-150,969 Down ×1
IBM International Business Machines Corporation Common Stock $386,945 0.10% 1,376 $58,991 Up ×1
RTX RTX Corporation Common Stock $353,657 0.10% 1,864 $-11,117 Down ×6
DIS Walt Disney Company (The) Common Stock $338,939 0.09% 3,521 $-13,951 Down ×1
PG Procter & Gamble Company (The) Common Stock $335,072 0.09% 2,285 $4,449 Down ×1
NFLX Netflix, Inc. - Common Stock $316,445 0.09% 4,432 $-118,249 Down ×2
GSK GSK plc American Depositary Shares (Each representing two Ordinary Shares) $298,375 0.08% 5,692 $-15,766
AMD Advanced Micro Devices, Inc. - Common Stock $296,264 0.08% 510 Up ×1
IEMG iShares, Inc. $294,579 0.08% 3,556 $-3,812 Down ×4
JNJ Johnson & Johnson Common Stock $253,462 0.07% 998 $1,689 Down ×5
META Meta Platforms, Inc. - Class A Common Stock $236,019 0.06% 419 $-40,320 Down ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $229,179 0.06% 458 $27,436 Up ×3
KTOS Kratos Defense & Security Solutions, Inc. - Common Stock $225,068 0.06% 4,514 $-92,721 Up ×1
RJF Raymond James Financial, Inc. Common Stock $221,052 0.06% 1,454 $11,830 Up ×1
CSX CSX Corporation - Common Stock $214,265 0.06% 4,508 Up ×1
NSC Norfolk Southern Corporation Common Stock $208,888 0.06% 664
BA Boeing Company (The) Common Stock $201,750 0.05% 932 $-7,431 Down ×1
CR Crane Company Common Stock $2,231 0.00% 10 $863 Up ×2

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
IVV $15,912,241 4.28% up ×4
SHY $6,753,137 1.82% up ×3
DFSD $6,278,409 1.69% up ×3
JMST $1,786,530 0.48% up ×4
SMMU $754,268 0.20% up ×4
BRK-B (filed as BRKB) $229,179 0.06% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
AVLV $18,334,213 201,011 4.93%
AVUQ $15,274,184 231,427 4.11%
AVUV $7,001,781 56,122 1.88%
AVDE $701,736 7,867 0.19%
FITB $537,883 9,542 0.14%
AVUS $518,596 4,049 0.14%
AVEM $449,354 4,657 0.12%
AMD $296,264 510 0.08%
CSX $214,265 4,508 0.06%
NSC $208,888 664 0.06%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
DFAU Trimmed -6K +$18.5M
DFUV Trimmed -335K -$15.4M
DUHP Trimmed -402K -$14.0M
DFAS Trimmed -72K -$4.8M
DFEM Trimmed -45K +$4.3M
IVV Bought more +83 +$2.1M
DFIC Trimmed -34K +$1.4M
AAPL Bought more +75 +$324K
GOOG Trimmed -89 +$241K
NVDA Bought more +50 +$226K

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
SPY March 31, 2026 1,286 $876,949 No longer tracked
BK June 30, 2026 2,015 $239,039 No longer tracked
T Sept. 30, 2025 7,812 $226,074 -14.0%
IAU June 30, 2026 2,547 $224,544 3.2%
KO June 30, 2025 3,123 $223,669 21.1%
TT March 31, 2026 574 $223,401 11.3%
TTE June 30, 2026 2,414 $219,626 8.5%
ORCL March 31, 2026 1,122 $218,689 -3.3%
V Dec. 31, 2025 603 $205,852 2.8%
NSC Dec. 31, 2025 681 $204,579 9.9%
AVGO March 31, 2026 591 $204,545 14.7%
WMT June 30, 2026 1,644 $204,316 -7.9%
AMCR Dec. 31, 2025 10,364 $84,778 0.4%