Sector breakdown

04
Technology 17.0%
Industrials 13.1%
Healthcare 7.7%
Retail 3.6%
Communication Services 3.5%
Financials 3.1%
Consumer Staples 2.3%
Utilities 2.0%
Materials 1.8%
Consumer products 1.7%
Consumer Discretionary 0.5%
Energy 0.5%
Real Estate 0.1%
Other/Unmapped 43.2%

Full portfolio 337 positions

05
Type Streak 8Q trend
SPDW State Street SPDR Portfolio Developed World ex-US ETF $62,975,641 6.59% 1,249,765 $9,851,028 Up ×6
GOVT iShares Trust $26,981,665 2.83% 1,184,445 $900,498 Up ×6
DELL Dell Technologies Inc. Class C Common Stock $26,413,058 2.77% 61,218 $15,430,374 Down ×1
STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) $25,689,153 2.69% 26,621 $14,822,915 Down ×3
LQD iShares Trust $21,318,134 2.23% 195,454 $939,009 Up ×6
BNDX Vanguard Total International Bond ETF $19,584,743 2.05% 404,393 $1,795,345 Up ×6
VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares $18,634,929 1.95% 370,992 $3,203,539 Up ×1
MBB iShares MBS ETF $18,253,717 1.91% 193,120 $555,429 Up ×1
IAU iShares Gold Trust Shares $17,530,425 1.84% 232,160 $-851,553 Up ×1
GLW Corning Incorporated Common Stock $16,616,196 1.74% 65,052 $8,675,886 Up ×1
FTEC FIDELITY COVINGTON TRUST $16,135,708 1.69% 56,502 $4,308,385 Down ×1
MSFT Microsoft Corporation - Common Stock $12,816,502 1.34% 34,359 $4,057,114 Up ×2
HPE Hewlett Packard Enterprise Company Common Stock $12,415,190 1.30% 275,220 $5,001,463 Down ×1
JBL Jabil Inc. Common Stock $12,323,764 1.29% 31,970 $3,718,320 Down ×2
SPY SPY $12,314,241 1.29% 16,490 $5,295,254 Up ×2
BOXX EA Series Trust $12,253,345 1.28% 104,649 $8,031,153 Up ×1
GILD Gilead Sciences, Inc. - Common Stock $11,786,679 1.23% 93,293 $1,436,804 Up ×2
FIDU Fidelity MSCI Industrials Index ETF $11,408,403 1.19% 114,531 $1,692,249 Up ×4
QQQ Invesco QQQ Trust, Series 1 $11,360,021 1.19% 15,426 $10,447,123 Up ×1
MO Altria Group, Inc. $11,175,314 1.17% 155,321 $2,082,175 Up ×1
CSCO Cisco Systems, Inc. - Common Stock $11,110,854 1.16% 94,593 $3,646,509 Down ×2
AAPL Apple Inc. - Common Stock $11,105,326 1.16% 38,379 $1,805,813 Up ×2
ABBV AbbVie Inc. Common Stock $11,009,407 1.15% 43,751 $2,375,617 Up ×2
CAT Caterpillar, Inc. Common Stock $10,965,186 1.15% 10,297 $4,233,009 Up ×1
JNJ Johnson & Johnson Common Stock $10,586,179 1.11% 41,683 $1,567,500 Up ×2
EEM iShares, Inc. $9,616,723 1.01% 140,575 $6,674,858 Up ×2
EBAY eBay Inc. - Common Stock $9,488,023 0.99% 84,904 $2,479,966 Up ×6
MRK Merck & Company, Inc. Common Stock (new) $9,459,972 0.99% 73,618 $1,341,342 Up ×1
FFIV F5, Inc. - Common Stock $8,949,492 0.94% 21,515 $3,255,670 Up ×2
SO Southern Company (The) Common Stock $8,882,744 0.93% 92,809 $937,276 Up ×3
PCAR PACCAR Inc. - Common Stock $8,876,684 0.93% 73,898 $874,584 Up ×1
CMI Cummins Inc. Common Stock $8,722,489 0.91% 12,230 $2,395,924 Up ×1
KEYS Keysight Technologies Inc. Common Stock $8,330,415 0.87% 23,796 $2,209,661 Up ×1
IVV iShares Trust $8,285,994 0.87% 11,064 $2,504,526 Up ×1
PFE Pfizer, Inc. Common Stock $8,135,306 0.85% 337,845 $341,922 Up ×1
IBIT iShares Bitcoin Trust ETF $8,018,858 0.84% 240,879 $157,681 Up ×6
RTX RTX Corporation Common Stock $7,898,075 0.83% 41,628 $2,576,073 Up ×2
IBM International Business Machines Corporation Common Stock $7,687,021 0.80% 27,336 $1,418,380 Up ×2
LIN Linde plc - Ordinary Shares $7,665,151 0.80% 14,771 $1,517,088 Up ×2
QCOM QUALCOMM Incorporated - Common Stock $7,515,776 0.79% 40,672 $1,074,344 Down ×1
DE Deere & Company Common Stock $7,513,320 0.79% 11,844 $1,503,885 Up ×1
NTAP NetApp, Inc. - Common Stock $7,411,045 0.78% 47,887 $2,221,419 Down ×1
FHLC FIDELITY COVINGTON TRUST $7,393,367 0.77% 95,707 $822,057 Up ×1
L Loews Corporation Common Stock $7,361,597 0.77% 65,026 $2,572,622 Up ×1
KR Kroger Company (The) Common Stock $7,225,910 0.76% 130,126 $1,265,535 Up ×4
HIG The Hartford Insurance Group, Inc. Common Stock $7,103,973 0.74% 53,607 $644,573 Up ×2
CLX Clorox Company (The) Common Stock $6,947,734 0.73% 72,797 $604,020 Up ×5
GRMN Garmin Ltd. Common Stock (Switzerland) $6,737,605 0.71% 28,364 $811,046 Up ×2
CPB The Campbell's Company - Common Stock $6,614,479 0.69% 297,013 $519,648 Up ×3
WAB Westinghouse Air Brake Technologies Corporation Common Stock $6,388,339 0.67% 23,696 $830,009 Up ×1
OUNZ VanEck Merk Gold ETF $6,371,014 0.67% 165,095 $-1,113,906 Down ×6
ORCL Oracle Corporation Common Stock $6,293,106 0.66% 42,942 $-1,386,300 Down ×1
V Visa Inc. $6,162,108 0.65% 17,961 $1,824,809 Up ×3
EVRG Evergy, Inc. - Common Stock $6,001,447 0.63% 69,437 $1,232,791 Up ×2
RSG Republic Services, Inc. Common Stock $5,851,889 0.61% 27,463 $181,535 Up ×1
ITW Illinois Tool Works Inc. Common Stock $5,838,698 0.61% 21,587 $631,167 Up ×1
GEN Gen Digital Inc. - Common Stock $5,627,765 0.59% 226,105 $1,215,268 Down ×1
MUB iShares Trust $5,304,391 0.56% 49,288 $-69,454 Down ×1
NVDA NVIDIA Corporation - Common Stock $5,288,910 0.55% 26,433 $1,425,677 Up ×1
AMZN Amazon.com, Inc. - Common Stock $5,246,037 0.55% 22,011 $913,902 Up ×1
AMCR Amcor plc Ordinary Shares $5,218,218 0.55% 120,374 $1,370,602 Up ×1
HPQ HP Inc. Common Stock $5,139,406 0.54% 234,248 $375,186 Down ×1
SPYM State Street SPDR Portfolio S&P 500 ETF $5,009,644 0.52% 57,006 $464,259 Down ×6
SPAB State Street SPDR Portfolio Aggregate Bond ETF $4,839,256 0.51% 189,626 $-409,576 Down ×2
TJX TJX Companies, Inc. (The) Common Stock $4,827,487 0.51% 31,865 $1,045,460 Up ×3
MDT Medtronic plc. Ordinary Shares $4,380,550 0.46% 55,996 $121 Up ×2
GLD SPDR Gold Shares $4,202,301 0.44% 11,408 $-9,926,633 Down ×1
ADP Automatic Data Processing, Inc. - Common Stock $4,165,056 0.44% 18,598 $597,548 Up ×3
VRSN VeriSign, Inc. - Common Stock $4,145,474 0.43% 16,479 $1,384,448 Up ×1
VV Vanguard Morningstar Large-Cap ETF $4,037,098 0.42% 11,739 $1,342,280 Up ×1
ABT Abbott Laboratories Common Stock $3,962,269 0.41% 43,666 $-191,593 Up ×2
PNR Pentair plc. Ordinary Share $3,850,582 0.40% 50,229 $-162,329 Up ×4
OTIS Otis Worldwide Corporation Common Stock $3,817,505 0.40% 53,317 $-144,187 Up ×3
FSTA Fidelity MSCI Consumer Staples Index ETF $3,666,952 0.38% 69,794 $135,891 Up ×1
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $3,579,930 0.37% 225,436 $50,939 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $3,506,903 0.37% 9,813 $933,138 Up ×3
IWM iShares Russell 2000 Index Fund $3,458,115 0.36% 11,510 $133,503 Down ×1
MU Micron Technology, Inc. - Common Stock $3,414,266 0.36% 2,958 $2,451,422 Up ×1
AMAT Applied Materials, Inc. - Common Stock $3,200,048 0.34% 4,426 $1,495,771 Down ×1
IEF iShares 7-10 Year Treasury Bond ETF $2,816,819 0.29% 29,786 $326,336 Up ×1
Unknown issuer (CUSIP: 438516205) $2,789,043 0.29% 12,457 Up ×1
Unknown issuer (CUSIP: 43849R105) $2,755,241 0.29% 12,463 Up ×1
FDIS Fidelity MSCI Consumer Discretionary Index ETF $2,592,529 0.27% 25,209 $329,510 Up ×2
EWJ iShares MSCI Japan Index Fund $2,582,139 0.27% 27,685 $-66,478 Down ×1
VOO Vanguard S&P 500 ETF $2,565,728 0.27% 3,736 $683,200 Up ×3
FUTY Fidelity MSCI Utilities Index ETF $2,430,538 0.25% 41,605 $28,365 Up ×4
SCHO SCHWAB STRATEGIC TRUST $2,384,670 0.25% 98,785 $-219,351 Down ×2
AVGO Broadcom Inc. - Common Stock $2,356,876 0.25% 6,239 $1,125,970 Up ×1
FNCL FIDELITY COVINGTON TRUST $2,306,023 0.24% 30,120 $268,582 Up ×5
GEV GE Vernova Inc. Common Stock $2,292,681 0.24% 1,951 $888,688 Up ×1
FMAT FIDELITY COVINGTON TRUST $2,286,642 0.24% 39,081 $63,823 Up ×1
LLY Eli Lilly and Company Common Stock $2,282,722 0.24% 1,903 $538,076 Up ×1
GSG iShares GSCI Commodity-Indexed Trust Fund $2,278,083 0.24% 79,653 $-8,621,734 Down ×1
AMD Advanced Micro Devices, Inc. - Common Stock $2,239,057 0.23% 3,854 $1,538,129 Up ×1
TSLA Tesla, Inc. - Common Stock $2,197,730 0.23% 5,225 $358,745 Up ×2
WMT Walmart Inc. - Common Stock $2,158,622 0.23% 19,059 $-32,758 Up ×1
KLAC KLA Corporation - Common Stock $2,098,417 0.22% 6,955 $986,757 Up ×1
DYNF BlackRock ETF Trust $1,955,151 0.20% 28,748 $593,377 Up ×1
XOM Exxon Mobil Corporation Common Stock $1,924,733 0.20% 14,078 $25,216 Up ×6
CTVA Corteva, Inc. Common Stock $1,903,178 0.20% 22,472 $394,881 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
SPDW $62,975,641 6.59% up ×6
GOVT $26,981,665 2.83% up ×6
LQD $21,318,134 2.23% up ×6
BNDX $19,584,743 2.05% up ×6
FIDU $11,408,403 1.19% up ×4
EBAY $9,488,023 0.99% up ×6
SO $8,882,744 0.93% up ×3
IBIT $8,018,858 0.84% up ×6
KR $7,225,910 0.76% up ×4
CLX $6,947,734 0.73% up ×5
CPB $6,614,479 0.69% up ×3
V $6,162,108 0.65% up ×3
TJX $4,827,487 0.51% up ×3
ADP $4,165,056 0.44% up ×3
PNR $3,850,582 0.40% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
Unknown issuer (CUSIP: 438516205) $2,789,043 12,457 0.29%
Unknown issuer (CUSIP: 43849R105) $2,755,241 12,463 0.29%
WDC $1,321,512 2,069 0.14%
SNDK $936,777 412 0.10%
PFEB $817,537 18,986 0.09%
CAH $756,866 3,186 0.08%
CORO $650,638 17,777 0.07%
SBAR $642,810 25,110 0.07%
XLK $536,885 2,818 0.06%
IBTG $524,799 22,927 0.05%
TGT $514,473 3,939 0.05%
INTC $480,746 3,443 0.05%
CHRW $456,348 2,423 0.05%
USIG $406,730 7,930 0.04%
VWO $397,898 6,666 0.04%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
DELL Trimmed -6K +$15.4M
STX Trimmed -1K +$14.8M
GLD Trimmed -21K -$9.9M
SPDW Bought more +86K +$9.9M
GLW Bought more +7K +$8.7M
GSG Trimmed -258K -$8.6M
BOXX Bought more +68K +$8.0M
EEM Bought more +89K +$6.7M
SPY Bought more +6K +$5.3M
HPE Trimmed -36K +$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
JNPR Sept. 30, 2025 166,761 $6,658,785 No longer tracked
HON June 30, 2026 22,131 $5,002,200 -4.2%
QQQI March 31, 2026 49,191 $2,649,400
FNA June 30, 2025 200,295 $2,615,853 No longer tracked
SPY Sept. 30, 2025 4,069 $2,514,110 No longer tracked
SPYI March 31, 2026 46,805 $2,458,656
JEPQ March 31, 2026 42,096 $2,446,622
JEPI March 31, 2026 31,873 $1,824,408
CE June 30, 2025 31,305 $1,777,197 -18.3%
COWG March 31, 2026 49,430 $1,740,433
CGGR March 31, 2026 35,481 $1,577,838
RDVI March 31, 2026 53,461 $1,402,815
SFLR March 31, 2026 37,414 $1,379,093
PREF March 31, 2026 70,777 $1,349,708 -1.9%
ACIO March 31, 2026 29,817 $1,303,000
HYG June 30, 2025 14,316 $1,129,363
OEF March 31, 2026 2,917 $1,000,491
FICO March 31, 2026 578 $976,474 -35.4%
XLK March 31, 2026 6,660 $958,864 51.1%
IHF Sept. 30, 2025 19,176 $932,920 13.5%
SPMO March 31, 2026 7,287 $869,498
SOXX March 31, 2026 2,368 $713,000 78.6%
IDU March 31, 2026 6,339 $686,894 -12.0%
HSY March 31, 2026 3,753 $682,978 -22.6%
ANGL March 31, 2026 22,665 $665,550
K Dec. 31, 2025 7,295 $598,318 No longer tracked
INTU March 31, 2026 903 $598,044 -34.2%
MSTY Dec. 31, 2025 39,409 $550,147 -44.3%
WEC June 30, 2025 4,523 $492,917 -2.2%
SPYD Dec. 31, 2025 11,182 $491,991
MLPA Sept. 30, 2025 9,730 $488,446 12.7%
LEU Dec. 31, 2025 1,566 $485,570 -41.0%
NEM Sept. 30, 2025 8,178 $476,450 37.4%
LRCX June 30, 2025 6,372 $463,267 255.2%
IYW Sept. 30, 2025 2,659 $460,725 38.7%
EMXC June 30, 2025 8,306 $457,578
GMOM Dec. 31, 2025 13,961 $451,415
REGN March 31, 2026 562 $433,615 -6.0%
IP Sept. 30, 2025 9,104 $426,320 -30.9%
NOW March 31, 2026 2,760 $422,806 30.2%
SHYL March 31, 2026 9,361 $420,955
SPHD March 31, 2026 8,678 $416,528
EXPD March 31, 2026 2,794 $416,376 35.5%
AEP June 30, 2025 3,723 $406,852 15.4%
CRM Sept. 30, 2025 1,420 $387,107 -2.3%
SHY June 30, 2026 4,643 $383,369
ITA March 31, 2026 1,727 $370,770 -5.4%
TLT March 31, 2026 4,254 $370,755
QYLD Dec. 31, 2025 21,148 $359,727
DOW June 30, 2026 8,526 $355,097 4.2%
AMD Sept. 30, 2025 2,473 $350,967 289.3%
HIMU March 31, 2026 7,112 $346,212
SJNK Dec. 31, 2025 12,806 $327,834
VMBS June 30, 2026 6,978 $327,604
QMOM March 31, 2026 4,873 $318,150
CHRW June 30, 2025 3,086 $315,984 46.5%
QVAL March 31, 2026 6,320 $308,402
CSQ Dec. 31, 2025 15,956 $307,791 5.6%
INTU June 30, 2025 501 $307,368 -63.9%
OKE June 30, 2025 3,013 $298,949 8.5%
NXPI June 30, 2026 1,494 $294,125 -13.9%
CTSH Dec. 31, 2025 4,371 $293,136 -29.3%
STLD March 31, 2026 1,713 $290,227 33.6%
QQQM March 31, 2026 1,147 $289,988
BIL June 30, 2026 3,117 $285,662
RDIV June 30, 2025 5,782 $282,277
IMOM March 31, 2026 7,340 $279,814
NLR March 31, 2026 2,247 $279,077 -20.6%
BG Sept. 30, 2025 3,242 $260,268 30.3%
USMV March 31, 2026 2,760 $259,895
BKLN March 31, 2026 12,367 $259,709
MA March 31, 2026 451 $257,467 12.5%
WY June 30, 2025 8,771 $256,811 -28.0%
XLU March 31, 2026 5,884 $251,188 No longer tracked
PSX Sept. 30, 2025 2,079 $248,038 95.9%
COM Dec. 31, 2025 8,542 $245,428
SPHQ March 31, 2026 3,254 $244,223
VCSH Sept. 30, 2025 3,067 $243,826
MA June 30, 2025 437 $239,528 0.0%
ADBE March 31, 2026 681 $238,343 -1.8%
EYLD Dec. 31, 2025 6,360 $236,592
GMAY June 30, 2025 6,525 $236,564
SCHR March 31, 2026 9,392 $235,542 -4.5%
GSK June 30, 2026 4,260 $235,093 -11.2%
TGT Dec. 31, 2025 2,592 $232,471 55.5%
XLG March 31, 2026 3,903 $231,387
SPTL June 30, 2026 8,679 $228,264 -9.8%
TMO March 31, 2026 393 $227,724 34.6%
GWRE March 31, 2026 1,121 $225,332 4.9%
TMO June 30, 2025 452 $224,915 63.1%
IQV March 31, 2026 997 $224,734 56.0%
SCHC March 31, 2026 4,916 $223,829
IUS Dec. 31, 2025 4,051 $223,656
TEL June 30, 2026 1,066 $222,778 8.6%
PEY March 31, 2026 10,910 $222,407
SMCI Dec. 31, 2025 4,558 $218,502 47.6%
GDX Dec. 31, 2025 2,856 $218,161 1.9%
IVAL March 31, 2026 6,923 $217,779
XYLD March 31, 2026 5,348 $217,289
ANET March 31, 2026 1,656 $216,927 68.5%
SNPS June 30, 2025 506 $216,837 -4.7%
TAIL Dec. 31, 2025 18,172 $214,975
VCIT March 31, 2026 2,567 $214,950
BLK June 30, 2025 225 $213,280 0.8%
PFF March 31, 2026 6,874 $212,819
GPC Dec. 31, 2025 1,535 $212,800 2.7%
CTRA June 30, 2025 7,337 $212,045 No longer tracked
DUK Sept. 30, 2025 1,792 $211,461 -8.0%
TOTL June 30, 2026 5,302 $210,630
XMMO June 30, 2025 1,841 $209,432
TFLO March 31, 2026 4,123 $208,047
FLOT March 31, 2026 4,086 $207,814
EMN March 31, 2026 3,249 $207,359 -14.2%
BAC June 30, 2026 4,226 $205,996 -4.7%
HEFA June 30, 2025 5,670 $205,764
SHOP March 31, 2026 1,258 $202,500 33.2%
GSK June 30, 2025 5,219 $202,184 21.2%
IGIB Dec. 31, 2025 3,723 $201,377
BPRE June 30, 2026 11,379 $189,005 -2.8%
UEC Dec. 31, 2025 11,955 $159,483 No longer tracked
ULTY Dec. 31, 2025 24,571 $134,403 -31.0%
TSLY Dec. 31, 2025 10,000 $94,300 -39.8%
CONY Dec. 31, 2025 12,360 $85,037
ASM Dec. 31, 2025 16,000 $84,000 No longer tracked
BITF Dec. 31, 2025 10,615 $29,934 No longer tracked
HIVE Sept. 30, 2025 13,363 $24,053 -27.5%