Sector breakdown

04
Technology 0.0%
Communication Services 0.0%
Other/Unmapped 100.0%

Full portfolio 30 positions

05
Type Streak 8Q trend
IVV iShares Trust $422,907,992 22.13% 564,713 $58,682,753 Up ×5
IWB iShares Russell 1000 ETF $287,720,157 15.05% 702,613 $35,203,536 Down ×6
FBND Fidelity Merrimack Street Trust $249,987,205 13.08% 5,495,432 $90,330,876 Up ×6
SCHK SCHWAB STRATEGIC TRUST $210,890,118 11.03% 5,848,312 $22,893,170 Down ×6
JCPB JPMorgan Core Plus Bond ETF $190,466,545 9.97% 4,057,660 $8,378,343 Up ×6
SCHM SCHWAB STRATEGIC TRUST $158,042,357 8.27% 4,286,476 $24,292,168 Down ×1
IJH iShares Trust $100,389,787 5.25% 1,301,904 $10,962,961 Down ×4
IXUS iShares Core MSCI Total International Stock ETF $69,548,645 3.64% 728,716 $5,451,159 Down ×6
SCHX SCHWAB STRATEGIC TRUST $63,524,345 3.32% 2,158,489 $4,976,701 Down ×1
IJR iShares Trust $60,706,708 3.18% 409,323 $9,188,372 Down ×5
SCHA SCHWAB STRATEGIC TRUST $26,474,849 1.39% 732,766 $2,790,696 Down ×4
HMOP Hartford Funds Exchange-Traded Trust $24,172,703 1.26% 617,517 $794,391 Up ×4
IWM iShares Russell 2000 Index Fund $15,835,157 0.83% 52,705 $2,596,967 Down ×6
VTI Vanguard Morningstar Total Stock Market ETF $10,759,653 0.56% 29,077 $1,431,461
SPY SPY $7,275,073 0.38% 9,742 $957,774 Up ×2
AGG iShares Trust $3,739,761 0.20% 37,783 $-306,286 Down ×1
JPST JPMorgan Ultra-Short Income ETF $1,774,248 0.09% 35,085 $-82,558,857 Down ×1
SCHB SCHWAB STRATEGIC TRUST $1,194,861 0.06% 41,259 $170,706 Up ×2
SCHZ SCHWAB STRATEGIC TRUST $1,071,914 0.06% 46,343 $125,281 Up ×2
SCMB SCHWAB STRATEGIC TRUST $942,611 0.05% 36,507 $12,667 Up ×2
VUG Vanguard Morningstar Growth ETF $792,316 0.04% 9,198 $109,613 Up ×2
IWF iShares Russell 1000 Growth Fund $632,770 0.03% 5,096 $11,932 Up ×1
QQQ Invesco QQQ Trust, Series 1 $377,424 0.02% 513 $69,863 Down ×1
IWD iShares Russell 1000 Value ETF $364,615 0.02% 1,504 $-59,306 Down ×1
VOO Vanguard S&P 500 ETF $338,568 0.02% 493 $44,025
NVDA NVIDIA Corporation - Common Stock $290,931 0.02% 1,454 $25,494 Down ×2
DFAC Dimensional ETF Trust $277,516 0.01% 6,256 $34,408
T AT&T Inc. $273,074 0.01% 13,192 $-53,498 Up ×1
AAPL Apple Inc. - Common Stock $265,343 0.01% 917 $9,776 Down ×2
VXUS Vanguard Total International Stock ETF $237,630 0.01% 2,780 Up ×1

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
IVV $422,907,992 22.13% up ×5
FBND $249,987,205 13.08% up ×6
JCPB $190,466,545 9.97% up ×6
HMOP $24,172,703 1.26% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
VXUS $237,630 2,780 0.01%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
FBND Bought more +2.0M +$90.3M
IVV Bought more +7K +$58.7M
IWB Trimmed -6K +$35.2M
SCHM Trimmed -34K +$24.3M
SCHK Trimmed -152K +$22.9M
IJH Trimmed -22K +$11.0M
IJR Trimmed -5K +$9.2M
JCPB Bought more +190K +$8.4M
IXUS Trimmed -11K +$5.5M
SCHX Trimmed -125K +$5.0M

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
XLF June 30, 2025 15,773 $785,653 2.6%
XLK June 30, 2025 3,647 $753,033 58.6%
XLV June 30, 2025 5,083 $742,169 23.3%
AMZN June 30, 2025 2,044 $388,891 14.6%
SO Sept. 30, 2025 4,143 $380,452 -11.6%
XLP June 30, 2025 4,552 $371,762 No longer tracked
XLC June 30, 2025 3,659 $352,911 2.5%
XLY June 30, 2025 1,725 $340,619 No longer tracked
META June 30, 2025 567 $326,796 0.5%
V June 30, 2025 800 $280,368 4.1%
GOOGL March 31, 2026 811 $253,843 20.5%
IGV June 30, 2025 2,837 $252,465 0.2%
CME June 30, 2025 863 $228,945 -2.0%
MSFT June 30, 2026 565 $209,146 40.8%
PM Sept. 30, 2025 1,141 $207,810 16.8%
AVGO June 30, 2025 1,221 $204,432 31.5%