Performance vs S&P 500

03
Tracked Q4 2025–Q2 2026 +19.8%
S&P 500 total return (same window) +8.7%
Excess return +11.2%

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: 88.5% · Options excluded: 0.0%

Sector breakdown

04
Technology 15.2%
Industrials 7.4%
Communication Services 7.0%
Consumer Discretionary 7.0%
Financials 4.1%
Retail 2.3%
Consumer products 1.3%
Healthcare 0.4%
Other/Unmapped 55.4%

Full portfolio 24 positions

05
Type Streak 8Q trend
VTI VANGUARD INDEX FUNDS $125,567,893 42.84% 339,336 $17,488,287 Up ×1
MRVL Marvell Technology, Inc. - Common Stock $13,309,725 4.54% 44,680 $3,418,889 Down ×1
KRNT Kornit Digital Ltd. - Ordinary Shares $11,688,966 3.99% 719,321 $1,520,819 Up ×1
TTWO Take-Two Interactive Software, Inc. - Common Stock $11,345,342 3.87% 45,385 $1,717,612 Down ×1
PYLD PIMCO Multisector Bond Active Exchange-Traded Fund $10,941,966 3.73% 412,593 $-525,591 Down ×3
BINC iShares Flexible Income Active ETF $10,854,479 3.70% 207,384 $-569,290 Down ×5
XPEL XPEL, Inc. - Common Stock $10,069,296 3.44% 203,010 $1,630,507 Up ×1
IPGP IPG Photonics Corporation - Common Stock $10,054,207 3.43% 85,699 $2,072,326 Up ×1
XBI SPDR SERIES TRUST $9,259,841 3.16% 58,514 $-161,524 Down ×5
TXN Texas Instruments Incorporated - Common Stock $9,140,317 3.12% 30,665 $3,258,069 Up ×3
GOOGL Alphabet Inc. - Class A Common Stock $9,120,797 3.11% 25,522 $2,613,314 Up ×1
MCHP Microchip Technology Incorporated - Common Stock $8,359,848 2.85% 91,665 $1,361,616 Down ×1
AMZN Amazon.com, Inc. - Common Stock $6,600,111 2.25% 27,692 $1,017,017 Up ×2
OLED Universal Display Corporation - Common Stock $6,455,458 2.20% 74,552 $-377,978
ALAB Astera Labs, Inc. - Common Stock $6,411,607 2.19% 13,274 Up ×1
WAL Western Alliance Bancorporation Common Stock (DE) $6,404,202 2.18% 77,910 $-586,922 Down ×3
MCFT MasterCraft Boat Holdings, Inc. - Common Stock $5,663,953 1.93% 219,363 $1,164,818
KWEB Krane Shares Trust $5,661,477 1.93% 231,364 $-916,202
SNFCA Security National Financial Corporation - Class A Common Stock $5,548,124 1.89% 601,188 $-1,253,852 Down ×6
WGO Winnebago Industries, Inc. Common Stock $4,801,807 1.64% 153,707 $38,427
WHR Whirlpool Corporation Common Stock $2,320,143 0.79% 58,857 $-853,426
SONY Sony Group Corporation American Depositary Shares $1,388,774 0.47% 69,231 $777,938 Up ×1
NVO Novo Nordisk A/S Common Stock $1,203,534 0.41% 25,105 $-1,051,253 Down ×2
TSM Taiwan Semiconductor Manufacturing Company Ltd. $935,560 0.32% 1,959

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
TXN $9,140,317 3.12% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
ALAB $6,411,607 13,274 2.19%
TSM $935,560 1,959 0.32%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VTI Bought more +2K +$17.5M
MRVL Trimmed -55K +$3.4M
TXN Bought more +366 +$3.3M
GOOGL Bought more +3K +$2.6M
IPGP Bought more +16K +$2.1M
TTWO Trimmed -3K +$1.7M
XPEL Bought more +12K +$1.6M
KRNT Bought more +26K +$1.5M
MCHP Trimmed -17K +$1.4M
SNFCA Trimmed -116K -$1.3M

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
MU June 30, 2025 91,341 $7,947,124 772.1%
MTBA June 30, 2025 151,300 $7,586,182
CMA Dec. 31, 2025 77,099 $5,337,564 No longer tracked
COHR Dec. 31, 2025 43,884 $4,727,184 82.6%
CIEN June 30, 2025 42,386 $2,561,386 381.2%
ACH Dec. 31, 2025 495,832 $2,379,994 -82.0%
TSM June 30, 2025 4,594 $765,064 108.7%