Sector breakdown

04
Industrials 16.6%
Technology 10.7%
Financials 7.7%
Healthcare 6.7%
Communication Services 4.4%
Retail 2.8%
Consumer Discretionary 2.2%
Utilities 1.6%
Energy 1.0%
Consumer Staples 1.0%
Materials 0.6%
Real Estate 0.6%
Consumer products 0.3%
Other/Unmapped 43.9%

Full portfolio 350 positions

05
Type Streak 8Q trend
SPYM State Street SPDR Portfolio S&P 500 ETF $98,348,529 8.57% 1,119,123 $77,439,638 Up ×2
IVW iShares S&P 500 Growth ETF $38,631,799 3.37% 280,897 $22,606,063 Up ×6
EFG iShares Trust $36,942,786 3.22% 296,920 $19,091,846 Up ×4
AAPL Apple Inc. - Common Stock $30,119,163 2.62% 104,089 $1,953,886 Down ×2
PVAL Putnam Focused Large Cap Value ETF $29,666,478 2.58% 582,267 $13,464,526 Up ×2
BAI iShares A.I. Innovation and Tech Active ETF $27,122,726 2.36% 514,468 $20,736,818 Up ×4
DYNF BlackRock ETF Trust $24,757,613 2.16% 364,029 $10,827,750 Up ×3
GOOG Alphabet Inc. - Class C Capital Stock $22,256,963 1.94% 62,992 $-58,378 Down ×4
EFV iShares Trust $20,459,634 1.78% 267,272 $-12,734,964 Down ×1
IEMG iShares, Inc. $19,664,559 1.71% 237,380 $2,715,867 Down ×1
FDMO FIDELITY COVINGTON TRUST $16,997,115 1.48% 172,437 $10,179,003 Up ×2
JQUA JPMorgan U.S. Quality Factor ETF $16,254,615 1.42% 224,884 $3,515,140 Up ×2
IDHQ Invesco S&P International Developed Quality ETF $14,101,589 1.23% 322,617 Up ×1
BLCR iShares Large Cap Core Active ETF $13,204,672 1.15% 262,154 $8,449,144 Up ×1
NVDA NVIDIA Corporation - Common Stock $13,022,497 1.13% 65,083 $105,579 Down ×2
CORO iShares International Country Rotation Active ETF $12,991,536 1.13% 354,960 Up ×1
ECOW Pacer Emerging Markets Cash Cows 100 ETF $12,780,647 1.11% 481,889 $3,055,965 Up ×2
MSFT Microsoft Corporation - Common Stock $12,653,079 1.10% 33,921 $-1,437,418 Down ×2
META Meta Platforms, Inc. - Class A Common Stock $11,513,287 1.00% 20,439 $-842,046 Down ×2
AMZN Amazon.com, Inc. - Common Stock $11,297,792 0.98% 47,402 $750,791 Down ×2
SHLD Global X Funds $11,170,846 0.97% 187,085 Up ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $9,899,605 0.86% 23,818 $-888,743 Down ×2
VOO Vanguard S&P 500 ETF $9,761,078 0.85% 14,212 $1,300,400 Up ×2
RSG Republic Services, Inc. Common Stock $8,640,608 0.75% 40,551 $-4,828,684 Down ×5
GE GE Aerospace Common Stock $8,402,198 0.73% 22,482 $-1,559,832 Down ×2
NVT nVent Electric plc Ordinary Shares $8,309,533 0.72% 48,992 $147,710 Down ×5
V Visa Inc. $8,116,834 0.71% 23,658 $-655,541 Down ×6
SYK Stryker Corporation Common Stock $7,870,371 0.69% 24,998 $-3,542,545 Down ×5
GOOGL Alphabet Inc. - Class A Common Stock $7,557,314 0.66% 21,147 $2,500,276 Up ×1
GWW W.W. Grainger, Inc. Common Stock $7,044,546 0.61% 5,178 $-591,011 Down ×5
CW Curtiss-Wright Corporation Common Stock $7,032,770 0.61% 9,281 $-1,070,174 Down ×5
JPM JP Morgan Chase & Co. Common Stock $7,025,484 0.61% 21,463 $908,721 Up ×3
ETN Eaton Corporation, PLC Ordinary Shares $6,824,738 0.59% 16,016 $-777,985 Down ×5
ICE Intercontinental Exchange Inc. Common Stock $6,783,115 0.59% 55,098 $-4,870,154 Down ×5
AAAU Goldman Sachs Physical Gold ETF Shares $6,752,027 0.59% 170,635 $-1,164,754 Down ×3
EME EMCOR Group, Inc. Common Stock $6,751,904 0.59% 8,136 $-1,304,904 Down ×5
SPY SPY $6,567,235 0.57% 8,794 $827,862 Down ×4
AVEM AMERICAN CENTURY ETF TRUST $6,561,513 0.57% 68,002 $3,987,707 Up ×2
AME AMETEK, Inc. $6,409,716 0.56% 26,493 $-897,013 Down ×4
RBA RB Global, Inc. Common Stock $6,377,152 0.56% 54,763 $-41,539 Down ×6
TJX TJX Companies, Inc. (The) Common Stock $6,303,764 0.55% 41,609 $-1,911,683 Down ×5
ITT ITT Inc. Common Stock $6,274,134 0.55% 31,726 $-1,551,123 Down ×5
TDY Teledyne Technologies Incorporated Common Stock $6,116,807 0.53% 9,172 $-978,296 Down ×6
TXRH Texas Roadhouse, Inc. - Common Stock $5,955,735 0.52% 30,822 $-393,155 Down ×5
AJG Arthur J. Gallagher & Co. Common Stock $5,839,123 0.51% 25,435 $-649,407 Down ×2
WDEF WisdomTree Europe Defense Fund $5,554,999 0.48% 204,303 $-2,529,871 Down ×1
IR Ingersoll Rand Inc. Common Stock $5,530,144 0.48% 67,449 $-1,813,876 Down ×2
GD General Dynamics Corporation Common Stock $5,510,939 0.48% 15,557 $-1,489,806 Down ×5
PRI Primerica, Inc. Common Stock $5,439,304 0.47% 19,139 $-1,048,754 Down ×4
VEA Vanguard FTSE Developed Markets ETF $5,319,953 0.46% 74,666 $171,445 Down ×1
DCI Donaldson Company, Inc. Common Stock $5,277,758 0.46% 58,792 $288,081
MU Micron Technology, Inc. - Common Stock $5,269,334 0.46% 4,565 $3,815,608 Up ×2
CASY Caseys General Stores, Inc. - Common Stock $5,260,715 0.46% 6,619 $-823,467 Down ×5
APD Air Products and Chemicals, Inc. Common Stock $5,179,318 0.45% 17,666 $-2,853,167 Down ×4
CSL Carlisle Companies Incorporated Common Stock $5,167,011 0.45% 14,244 $-1,116,889 Down ×5
DRI Darden Restaurants, Inc. Common Stock $4,960,927 0.43% 24,081 $-1,907,432 Down ×6
SAIA Saia, Inc. - Common Stock $4,903,987 0.43% 11,644 $-1,784,384 Down ×1
ORCL Oracle Corporation Common Stock $4,876,973 0.42% 33,279 $-2,483,858 Down ×1
CACI CACI International, Inc. Class A Common Stock $4,717,377 0.41% 10,183 $-1,811,510 Down ×5
TSM Taiwan Semiconductor Manufacturing Company Ltd. $4,691,922 0.41% 9,825 $988,226 Down ×1
DELL Dell Technologies Inc. Class C Common Stock $4,572,182 0.40% 10,597 $2,275,511 Down ×4
PH Parker-Hannifin Corporation Common Stock $4,498,374 0.39% 4,599 $-2,923,613 Down ×6
FELE Franklin Electric Co., Inc. - Common Stock $4,339,159 0.38% 40,481 $-1,899,714 Down ×4
IQV IQVIA Holdings, Inc. Common Stock $4,269,390 0.37% 22,096 $-1,206,181 Down ×4
BRO Brown & Brown, Inc. Common Stock $4,247,307 0.37% 66,209 $-1,424,154 Down ×1
WSO Watsco, Inc. Common Stock $4,085,204 0.36% 9,803 $-1,809,649 Down ×4
GGG Graco Inc. Common Stock $4,071,221 0.35% 53,845 $-2,958,221 Down ×4
DECK Deckers Outdoor Corporation Common Stock $4,041,897 0.35% 40,708 $-2,356,056 Down ×1
CI The Cigna Group Common Stock $4,015,622 0.35% 14,566 $-2,262,390 Down ×1
FAST Fastenal Company - Common Stock $4,002,628 0.35% 83,336 $98,393 Down ×2
MRSH Marsh Common Stock $3,987,080 0.35% 23,922 $-1,947,729 Down ×1
J Jacobs Solutions Inc. Common Stock $3,922,128 0.34% 31,128 $-2,180,248 Down ×5
ZBRA Zebra Technologies Corporation - Class A Common Stock $3,905,988 0.34% 14,837 Up ×1
CRM Salesforce, Inc. Common Stock $3,901,461 0.34% 24,904 $-5,297,636 Down ×1
ROP Roper Technologies, Inc. - Common Stock $3,880,318 0.34% 11,467 $-2,310,816 Down ×1
XOM Exxon Mobil Corporation Common Stock $3,829,134 0.33% 28,007 $-946,545 Down ×1
AVGO Broadcom Inc. - Common Stock $3,691,400 0.32% 9,772 $885,360 Up ×2
ACM AECOM Common Stock $3,639,511 0.32% 52,142 Up ×1
ALC Alcon Inc. Ordinary Shares $3,624,541 0.32% 54,017 $-2,568,249 Down ×1
FDS FactSet Research Systems Inc. Common Stock $3,586,947 0.31% 15,590 $-1,604,322 Down ×1
ADP Automatic Data Processing, Inc. - Common Stock $3,565,284 0.31% 15,920 $-1,525,035 Down ×6
STE STERIS plc (Ireland) Ordinary Shares $3,561,792 0.31% 16,915 $-2,300,364 Down ×5
QUAL iShares Trust $3,558,935 0.31% 16,219 $349,570 Down ×1
FBND Fidelity Merrimack Street Trust $3,541,783 0.31% 77,859 $-107,452 Down ×1
FCN FTI Consulting, Inc. Common Stock $3,489,963 0.30% 23,421 $-3,075,982 Down ×1
ENB Enbridge Inc Common Stock $3,457,839 0.30% 63,786 $4,357 Down ×2
NOW ServiceNow, Inc. Common Stock $3,399,546 0.30% 34,242 Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock $3,393,676 0.30% 5,842 $1,339,237 Down ×1
ASML ASML Holding N.V. - New York Registry Shares $3,360,164 0.29% 1,689 $48,844 Down ×2
ACN Accenture plc Class A Ordinary Shares (Ireland) $3,340,846 0.29% 26,847 $-1,590,696 Up ×2
BSX Boston Scientific Corporation Common Stock $3,296,432 0.29% 77,236 $3,093,686 Up ×2
SSNC SS&C Technologies Holdings, Inc. - Common Stock $3,270,718 0.28% 52,711 $-2,210,155 Down ×4
TSCO Tractor Supply Company - Common Stock $3,258,517 0.28% 103,085 $-2,310,846 Down ×4
WFC Wells Fargo & Company Common Stock $3,196,515 0.28% 38,680 $204,851 Up ×5
FISV Fiserv, Inc. - Common Stock $3,168,973 0.28% 64,607 $-2,413,650 Down ×1
BR Broadridge Financial Solutions, Inc. Common Stock $3,143,824 0.27% 22,956 $-2,081,370 Down ×6
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $3,130,439 0.27% 6,256 $-742,935 Down ×5
MNST Monster Beverage Corporation - Common Stock $3,123,516 0.27% 32,496 $-63,927 Down ×3
MA Mastercard Incorporated Common Stock $3,105,226 0.27% 6,046 $717,350 Up ×4
IBM International Business Machines Corporation Common Stock $3,085,155 0.27% 10,971 $538,121 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
IVW $38,631,799 3.37% up ×6
EFG $36,942,786 3.22% up ×4
BAI $27,122,726 2.36% up ×4
DYNF $24,757,613 2.16% up ×3
JPM $7,025,484 0.61% up ×3
WFC $3,196,515 0.28% up ×5
MA $3,105,226 0.27% up ×4
GSK $2,882,890 0.25% up ×4
MDT $2,580,025 0.22% up ×4
GPC $2,370,336 0.21% up ×4
COR $2,285,639 0.20% up ×3
VZ $2,105,145 0.18% up ×4
DOC $1,992,789 0.17% up ×3
WEC $1,919,582 0.17% up ×3
BLK $1,876,965 0.16% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
IDHQ $14,101,589 322,617 1.23%
CORO $12,991,536 354,960 1.13%
SHLD $11,170,846 187,085 0.97%
ZBRA $3,905,988 14,837 0.34%
ACM $3,639,511 52,142 0.32%
NOW $3,399,546 34,242 0.30%
Unknown issuer (CUSIP: 438516205) $2,936,225 13,114 0.26%
Unknown issuer (CUSIP: 43849R105) $2,903,886 13,135 0.25%
CNC $2,222,450 34,623 0.19%
UBER $1,980,647 27,448 0.17%
OTIS $1,366,772 19,089 0.12%
DPZ $1,301,688 4,397 0.11%
STX $1,219,583 1,264 0.11%
Unknown issuer (CUSIP: K08588103) $1,158,898 4,345 0.10%
NOC $1,025,751 2,014 0.09%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
SPYM Bought more +846K +$77.4M
IVW Bought more +139K +$22.6M
BAI Bought more +321K +$20.7M
EFG Bought more +137K +$19.1M
PVAL Bought more +233K +$13.5M
EFV Trimmed -179K -$12.7M
DYNF Bought more +125K +$10.8M
FDMO Bought more +87K +$10.2M
BLCR Bought more +146K +$8.4M
BDX Trimmed -40K -$6.4M

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
HON June 30, 2026 36,629 $8,279,170 -4.4%
MCO March 31, 2026 10,989 $5,613,731 2.7%
ICLR June 30, 2026 50,201 $5,555,188 -3.1%
MORN Dec. 31, 2025 22,767 $5,282,172 -13.0%
IDEF June 30, 2026 161,230 $5,275,446
EMXC June 30, 2025 73,521 $4,050,272
VRSK Sept. 30, 2025 11,762 $3,663,879 -35.1%
IXN Sept. 30, 2025 36,645 $3,383,799 48.1%
CP Sept. 30, 2025 42,133 $3,339,893 15.2%
ADSK Dec. 31, 2025 9,570 $3,040,101 -25.2%
JBL Dec. 31, 2025 13,477 $2,926,800 32.0%
SCHX June 30, 2025 123,988 $2,737,655 24.3%
HEFA June 30, 2025 61,961 $2,248,565
POOL Dec. 31, 2025 6,824 $2,115,918 -30.3%
ROL Sept. 30, 2025 29,589 $1,669,428 -49.5%
JKHY Sept. 30, 2025 9,079 $1,635,778 -2.6%
IT Dec. 31, 2025 6,165 $1,620,594 -25.6%
VTIP June 30, 2025 31,344 $1,564,066
UL (filed as ULXXXX) Dec. 31, 2025 25,640 $1,519,939 -8.3%
BSV June 30, 2025 18,620 $1,457,574
JMTG Sept. 30, 2025 29,007 $1,455,861
BNDX June 30, 2025 29,627 $1,446,390
SEIV June 30, 2025 42,610 $1,383,121
RSP March 31, 2026 7,145 $1,368,696 10.0%
SEIM June 30, 2025 37,229 $1,342,478
SCHP June 30, 2025 49,265 $1,324,736 -5.3%
PAYX Dec. 31, 2025 10,433 $1,322,487 -11.1%
SPHY June 30, 2025 56,054 $1,312,785
UL June 30, 2026 22,135 $1,261,031 -0.2%
PCN June 30, 2025 92,300 $1,259,895 -16.4%
SCHA June 30, 2025 51,720 $1,211,800 30.9%
DHR Sept. 30, 2025 5,568 $1,099,906 11.6%
BCI June 30, 2025 50,315 $1,079,760
RELX March 31, 2026 25,971 $1,049,748 2.0%
NWG June 30, 2026 69,442 $1,034,685 -0.7%
ARGX March 31, 2026 1,219 $1,025,118 25.0%
ACWX March 31, 2026 15,045 $1,009,971
CHKP March 31, 2026 4,981 $924,275 -9.3%
SAP June 30, 2026 5,384 $921,795 34.8%
ACWV June 30, 2025 7,831 $911,293
CRH June 30, 2025 10,329 $908,642 -10.0%
ASND June 30, 2026 3,938 $900,739 -14.5%
SPOT Sept. 30, 2025 1,151 $883,208 -30.8%
TT Dec. 31, 2025 2,056 $867,550 21.0%
LYG June 30, 2025 220,620 $842,769 28.5%
CLS March 31, 2026 2,731 $807,311 35.9%
VB Sept. 30, 2025 3,322 $787,248
XLG March 31, 2026 13,099 $776,509
RACE March 31, 2026 2,047 $756,489 13.3%
NVO Dec. 31, 2025 13,335 $739,959 -26.2%
TRI Sept. 30, 2025 3,513 $706,570 -37.5%
SEIQ June 30, 2025 20,218 $706,013
BF-B (filed as BFB) Sept. 30, 2025 26,045 $700,883 No longer tracked
VWOB June 30, 2025 10,883 $698,689
EMLC June 30, 2025 28,317 $675,644
LIN March 31, 2026 1,571 $669,858 -2.7%
MBB June 30, 2025 7,124 $668,089
SHOP March 31, 2026 4,104 $660,621 35.0%
APH March 31, 2026 4,819 $651,239 -30.9%
MTBA June 30, 2025 12,577 $630,611
WDAY June 30, 2026 4,831 $627,644 54.4%
USIG June 30, 2025 12,190 $622,665
MCK March 31, 2026 742 $608,655 5.8%
VXUS June 30, 2026 7,450 $574,470
SCO June 30, 2026 63,500 $528,320 -44.1%
NMS June 30, 2025 41,632 $499,688 -14.5%
MELI June 30, 2026 262 $453,003 9.6%
UITB March 31, 2026 9,379 $444,140
FTV March 31, 2026 7,416 $409,437 3.8%
LMT March 31, 2026 828 $400,479 -16.2%
ACLX June 30, 2026 3,180 $365,128 No longer tracked
RUNN June 30, 2026 10,851 $349,518
CMG June 30, 2026 10,844 $347,116 -9.3%
HDB June 30, 2026 12,806 $318,613 -14.4%
BNTX June 30, 2026 3,454 $306,992 4.9%
BHP Dec. 31, 2025 5,322 $296,703 43.8%
EXPD March 31, 2026 1,985 $295,785 35.5%
ZLAB March 31, 2026 16,278 $287,144 36.2%
ACGL Sept. 30, 2025 3,007 $273,787 4.0%
KMX June 30, 2025 3,442 $268,201 -18.4%
NICE June 30, 2026 2,403 $264,955 27.5%
ESGV June 30, 2026 2,289 $256,986
NTES March 31, 2026 1,798 $247,441 6.6%
CHRW June 30, 2026 1,486 $246,780 -25.3%
ARES March 31, 2026 1,522 $246,001 7.4%
CVLT March 31, 2026 1,931 $242,070 97.4%
DPZ March 31, 2026 579 $241,339 -17.1%
NFLX June 30, 2026 2,489 $239,317 -5.5%
BKLN June 30, 2025 11,333 $234,593
PGR June 30, 2025 813 $230,087 -20.3%
ELV June 30, 2025 524 $227,705 1.4%
CSGP June 30, 2026 5,465 $220,458 -2.3%
ADBE Dec. 31, 2025 623 $219,763 -31.8%
VT June 30, 2025 1,836 $212,884
ITA March 31, 2026 988 $212,114 -5.4%
ICLN Sept. 30, 2025 15,710 $205,958
PHYS June 30, 2026 5,710 $202,357
T March 31, 2026 8,141 $202,223 -16.4%
CCC June 30, 2026 16,556 $99,336 28.4%
MFG March 31, 2026 10,494 $76,816 38.9%
SNBR June 30, 2026 15,000 $26,925 No longer tracked