Sector breakdown

04
Technology 12.9%
Industrials 5.6%
Financials 4.9%
Communication Services 4.3%
Healthcare 3.4%
Materials 2.6%
Retail 1.8%
Consumer Discretionary 1.8%
Consumer Staples 1.7%
Utilities 1.5%
Real Estate 1.3%
Consumer products 0.6%
Energy 0.2%
Other/Unmapped 57.5%

Full portfolio 311 positions

05
Type Streak 8Q trend
BILS SPDR SERIES TRUST $35,143,211 5.13% 353,625 $-731,758 Down ×1
OBND SSGA Active Trust $27,631,857 4.03% 1,070,380 $1,205,112 Up ×1
QQQ Invesco QQQ Trust, Series 1 $27,432,043 4.00% 37,252 $7,593,470 Up ×2
BIL SPDR SERIES TRUST $26,977,493 3.93% 294,386 $-487,273 Down ×1
MFSB MFS Active Exchange Traded Funds Trust $25,715,216 3.75% 1,031,497 $1,563,034 Up ×4
CEF Sprott Physical Gold and Silver Trust Units $21,905,664 3.19% 544,511 $-4,069,652 Up ×1
JSI Janus Henderson Securitized Income ETF $20,804,311 3.03% 406,255 $484,441 Up ×1
DIVO Amplify ETF Trust $18,675,831 2.72% 408,662 $1,329,476 Up ×3
VOO Vanguard S&P 500 ETF $17,854,083 2.60% 25,996 $3,893,501 Up ×2
NVDA NVIDIA Corporation - Common Stock $15,954,393 2.33% 79,736 $2,161,102 Up ×2
BALT Innovator Defined Wealth Shield ETF $15,239,766 2.22% 444,697 Up ×1
Unknown issuer (CUSIP: 47103U647) $13,558,144 1.98% 535,895 Up ×1
AAPL Apple Inc. - Common Stock $13,533,262 1.97% 46,770 $1,608,712 Down ×4
ALLW SPDR Bridgewater All Weather ETF $13,090,715 1.91% 447,240 $639,949 Up ×1
IQLT iShares Trust $12,932,139 1.89% 260,992 $1,133,415 Up ×6
FEMB First Trust Emerging Markets Local Currency Bond ETF $11,064,349 1.61% 378,657 $2,093,116 Up ×1
LRCX Lam Research Corporation - Common Stock $9,391,973 1.37% 21,674 $3,967,649 Down ×3
TFPM Triple Flag Precious Metals Corp. Common Shares $6,930,705 1.01% 231,255 $-1,096,147
GOOG Alphabet Inc. - Class C Capital Stock $6,316,979 0.92% 17,878 $1,092,349 Down ×3
AVGO Broadcom Inc. - Common Stock $5,834,057 0.85% 15,444 $898,888 Down ×1
ROUS Lattice Strategies Trust $5,781,987 0.84% 85,786 $792,460 Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock $5,575,574 0.81% 9,598 $3,647,261 Up ×2
TSPA T. Rowe Price U.S. Equity Research ETF $5,488,508 0.80% 115,475 $880,321 Up ×1
JAAA Janus Henderson AAA CLO ETF $5,134,217 0.75% 101,688 $-992,231 Down ×1
AMAT Applied Materials, Inc. - Common Stock $4,898,703 0.71% 6,776 $2,143,421 Down ×2
QLD ProShares Ultra QQQ $4,765,509 0.69% 49,251 $1,592,260 Down ×2
WMT Walmart Inc. - Common Stock $4,670,912 0.68% 41,241 $-451,358 Up ×2
MRK Merck & Company, Inc. Common Stock (new) $4,602,843 0.67% 35,820 $700,345 Up ×1
MSFT Microsoft Corporation - Common Stock $4,127,155 0.60% 11,064 $255,155 Up ×2
LGOV First Trust Exchange-Traded Fund IV $4,105,557 0.60% 191,848 $-10,913,138 Down ×2
KLAC KLA Corporation - Common Stock $4,057,653 0.59% 13,449 $1,806,225 Up ×1
CSCO Cisco Systems, Inc. - Common Stock $4,008,867 0.58% 34,130 $1,381,912 Up ×4
V Visa Inc. $3,696,882 0.54% 10,775 $577,962 Up ×1
SSO ProShares Ultra S&P500 $3,667,863 0.53% 54,435 $-474,624 Down ×2
PULS PGIM ETF Trust $3,636,049 0.53% 73,381 $-161,373 Down ×1
INOD Innodata Inc. - Common Stock $3,627,160 0.53% 47,991 $-77,386 Down ×1
SDVY First Trust SMID Cap Rising Dividend Achievers ETF $3,550,653 0.52% 82,305 $411,895 Up ×1
DLR Digital Realty Trust, Inc. Common Stock $3,462,284 0.50% 19,280 $79,823 Up ×2
MNST Monster Beverage Corporation - Common Stock $3,445,806 0.50% 35,849 $884,490 Up ×2
ED Consolidated Edison, Inc. Common Stock $3,415,461 0.50% 30,873 $59,707 Up ×4
ANET Arista Networks, Inc. Common Stock $3,360,736 0.49% 19,783 $1,244,377 Up ×3
LMT Lockheed Martin Corporation Common Stock $3,337,014 0.49% 6,550 $-610,426 Up ×1
SO Southern Company (The) Common Stock $3,285,480 0.48% 34,327 $196,959 Up ×2
HSY The Hershey Company Common Stock $3,255,648 0.47% 18,556 $-606,189 Down ×1
VZ Verizon Communications Inc. Common Stock $3,238,572 0.47% 76,490 $-525,203 Up ×1
QQQM Invesco NASDAQ 100 ETF $3,188,199 0.46% 10,523 $877,535 Up ×1
SCCO Southern Copper Corporation Common Stock $3,126,641 0.46% 17,942 $-172,538 Down ×3
MCD McDonald's Corporation Common Stock $3,031,632 0.44% 11,215 $-208,662 Up ×2
XMHQ Invesco Exchange-Traded Fund Trust $2,792,029 0.41% 24,734 $348,707 Up ×1
KR Kroger Company (The) Common Stock $2,769,062 0.40% 49,866 $-592,226 Up ×2
NVS Novartis AG Common Stock $2,763,278 0.40% 17,632 $168,676 Up ×4
SPY SPY $2,696,729 0.39% 3,611 $448,516 Up ×1
PPLT abrdn Physical Platinum Shares ETF $2,687,950 0.39% 190,230 $-702,876 Up ×1
PG Procter & Gamble Company (The) Common Stock $2,656,650 0.39% 18,117 $-71,361 Down ×3
TSM Taiwan Semiconductor Manufacturing Company Ltd. $2,610,398 0.38% 5,466 Up ×1
IBM International Business Machines Corporation Common Stock $2,574,872 0.38% 9,156 $2,339,310 Up ×1
ASML ASML Holding N.V. - New York Registry Shares $2,574,473 0.38% 1,294 $648,633 Down ×3
JNJ Johnson & Johnson Common Stock $2,570,834 0.37% 10,123 $141,501 Up ×1
HTRB Hartford Funds Exchange-Traded Trust $2,481,904 0.36% 73,571 $-45,270 Down ×6
AMGN Amgen Inc. - Common Stock $2,439,387 0.36% 6,736 $320,245 Up ×2
META Meta Platforms, Inc. - Class A Common Stock $2,345,548 0.34% 4,164 $5,017 Up ×1
EXEL Exelixis, Inc. - Common Stock $2,207,686 0.32% 40,575 Up ×1
PALL abrdn Physical Palladium Shares ETF $2,072,760 0.30% 93,875 $-456,690 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $2,067,714 0.30% 5,786 $421,611 Up ×1
RMD ResMed Inc. Common Stock $2,058,489 0.30% 10,563 $-95,805 Up ×2
LITE Lumentum Holdings Inc. - Common Stock $2,027,596 0.30% 2,363 $-2,095,497 Down ×2
CRS Carpenter Technology Corporation Common Stock $2,018,337 0.29% 3,272 $342,001 Down ×2
SMTC Semtech Corporation - Common Stock $1,993,992 0.29% 12,320 Up ×1
JEPQ JPMorgan Nasdaq Equity Premium Income ETF $1,969,862 0.29% 32,051 $-26,504 Down ×4
NFLX Netflix, Inc. - Common Stock $1,957,859 0.29% 27,421 $-419,354 Up ×1
AMZN Amazon.com, Inc. - Common Stock $1,945,118 0.28% 8,161 $253,943 Up ×1
LLY Eli Lilly and Company Common Stock $1,934,431 0.28% 1,613 $278,120 Down ×3
DFAU Dimensional ETF Trust $1,910,359 0.28% 36,958 $232,030 Down ×3
MA Mastercard Incorporated Common Stock $1,891,758 0.28% 3,683 $166,792 Up ×1
MSI Motorola Solutions, Inc. Common Stock $1,863,974 0.27% 4,488 $255,189 Up ×2
CGNX Cognex Corporation - Common Stock $1,863,748 0.27% 25,735 $703,675 Up ×2
CROX Crocs, Inc. - Common Stock $1,831,436 0.27% 15,181 $609,963 Up ×2
APH Amphenol Corporation Common Stock $1,788,374 0.26% 10,143 $443,806 Down ×1
FTNT Fortinet, Inc. - Common Stock $1,786,140 0.26% 11,627
PATH UiPath, Inc. Class A Common Stock $1,772,201 0.26% 163,036 $-43,670 Down ×1
MAR Marriott International - Class A Common Stock $1,732,375 0.25% 4,675 $203,440
EWBC East West Bancorp, Inc. - Common Stock $1,682,424 0.25% 13,033 $-383,686 Down ×1
NEM Newmont Corporation $1,682,227 0.25% 18,011 $-199,591 Up ×1
VB Vanguard Morningstar Small-Cap ETF $1,661,704 0.24% 5,482 $396,892 Up ×1
TSLA Tesla, Inc. - Common Stock $1,595,789 0.23% 3,794 $740,735 Up ×1
JMUB JPMorgan Municipal ETF $1,524,462 0.22% 30,095 $20,013
CFR Cullen/Frost Bankers, Inc. Common Stock $1,513,060 0.22% 9,792 $261,647 Up ×2
FRT Federal Realty Investment Trust Common Stock $1,511,988 0.22% 12,249 $310,964 Up ×1
JPM JP Morgan Chase & Co. Common Stock $1,500,663 0.22% 4,585 $24,018 Down ×5
FNDF SCHWAB STRATEGIC TRUST $1,499,288 0.22% 28,417 $81,366 Down ×3
BUFT First Trust Exchange-Traded Fund VIII $1,491,442 0.22% 57,618 $48,046 Down ×6
MCO Moody's Corporation Common Stock $1,481,838 0.22% 3,272 $48,033 Down ×3
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $1,469,645 0.21% 2,937 $25,815 Down ×4
TOTL State Street DoubleLine Total Return Tactical ETF $1,465,489 0.21% 37,129 $17,078 Up ×3
GRMN Garmin Ltd. Common Stock (Switzerland) $1,426,586 0.21% 6,006 $612,116 Up ×1
ETN Eaton Corporation, PLC Ordinary Shares $1,366,837 0.20% 3,208 $144,124 Down ×3
SBET Sharplink, Inc. - Common Stock $1,355,962 0.20% 282,492 $-466,111
ITT ITT Inc. Common Stock $1,324,440 0.19% 6,697 $112,840 Up ×1
RDVI First Trust Exchange-Traded Fund IV $1,303,911 0.19% 44,351 $65,636 Down ×1
SPG Simon Property Group, Inc. Common Stock $1,290,134 0.19% 5,769 $216,675 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
MFSB $25,715,216 3.75% up ×4
DIVO $18,675,831 2.72% up ×3
IQLT $12,932,139 1.89% up ×6
CSCO $4,008,867 0.58% up ×4
ED $3,415,461 0.50% up ×4
ANET $3,360,736 0.49% up ×3
NVS $2,763,278 0.40% up ×4
TOTL $1,465,489 0.21% up ×3
BF-B (filed as BFB) $1,168,496 0.17% up ×6
GENM $596,614 0.09% up ×3
SCHF $537,687 0.08% up ×3
VFH $373,588 0.05% up ×5
COST $264,624 0.04% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
BALT $15,239,766 444,697 2.22%
Unknown issuer (CUSIP: 47103U647) $13,558,144 535,895 1.98%
TSM $2,610,398 5,466 0.38%
EXEL $2,207,686 40,575 0.32%
SMTC $1,993,992 12,320 0.29%
FTNT $1,786,140 11,627 0.26%
GE $1,146,555 3,068 0.17%
FFIV $1,087,319 2,614 0.16%
VCTR $1,038,717 12,357 0.15%
TQQQ $985,002 12,161 0.14%
FSLR $945,964 4,009 0.14%
CR $944,940 4,236 0.14%
IBKR $887,472 10,196 0.13%
RACE $868,665 2,333 0.13%
PEGA $864,399 28,842 0.13%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
LGOV Trimmed -504K -$10.9M
QQQ Bought more +3K +$7.6M
CEF Bought more +183 -$4.1M
LRCX Trimmed -4K +$4.0M
VOO Bought more +3K +$3.9M
AMD Bought more +119 +$3.6M
NVDA Bought more +646 +$2.2M
AMAT Trimmed -1K +$2.1M
LITE Trimmed -4K -$2.1M
FEMB Bought more +66K +$2.1M

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
SCHR June 30, 2026 630,313 $15,701,085 -3.5%
HALO June 30, 2025 33,545 $2,140,506 108.0%
EXAS March 31, 2026 17,663 $1,793,854 No longer tracked
LOGI June 30, 2025 21,187 $1,788,395 13.8%
TQQQ Sept. 30, 2025 21,313 $1,767,274
ZTS Dec. 31, 2025 11,713 $1,713,824 -43.0%
PANW June 30, 2025 10,027 $1,711,007 106.4%
QLYS June 30, 2025 12,690 $1,598,052 38.1%
BRO June 30, 2025 11,844 $1,473,411 -44.8%
NTES Dec. 31, 2025 9,065 $1,377,863 -14.4%
VEA March 31, 2026 21,436 $1,339,132
RACE Dec. 31, 2025 2,581 $1,252,376 5.4%
CNQ June 30, 2026 25,477 $1,241,479 21.4%
PAC June 30, 2025 6,305 $1,169,563 -8.5%
HSY June 30, 2025 6,829 $1,168,025 -2.8%
FAST Dec. 31, 2025 23,203 $1,137,883 27.2%
EOG June 30, 2026 7,852 $1,135,168 11.5%
GLPI Dec. 31, 2025 23,959 $1,116,710 -14.0%
VV March 31, 2026 3,467 $1,091,501
UPRO Sept. 30, 2025 11,717 $1,083,588 41.2%
CSX June 30, 2025 35,405 $1,041,961 45.4%
CNI Dec. 31, 2025 11,009 $1,038,113 19.4%
PODD Dec. 31, 2025 3,267 $1,008,621 -52.4%
GEN Dec. 31, 2025 35,265 $1,001,172 -15.9%
LIN Dec. 31, 2025 2,093 $994,116 14.1%
JKHY Dec. 31, 2025 6,644 $989,452 -20.7%
NDSN June 30, 2025 4,901 $988,647 56.7%
DXCM June 30, 2025 14,142 $965,757 -3.5%
CYBR March 31, 2026 2,128 $949,216 No longer tracked
RIO June 30, 2025 15,761 $946,921 62.5%
HLI June 30, 2025 5,860 $946,403 -28.4%
SSD June 30, 2025 5,982 $939,655 12.7%
SNPS June 30, 2025 2,191 $939,610 -2.7%
ELS June 30, 2026 14,835 $926,029 -8.3%
EXP Dec. 31, 2025 3,968 $924,707 -16.8%
HES Sept. 30, 2025 6,444 $923,570 No longer tracked
WMB June 30, 2026 12,388 $901,587 -4.6%
WHD Dec. 31, 2025 22,643 $893,712 41.0%
FDS Dec. 31, 2025 2,891 $828,284 -5.3%
HLNE Dec. 31, 2025 6,095 $821,553 -35.1%
VRSK June 30, 2026 4,255 $807,417 -8.3%
REGN June 30, 2025 1,249 $792,155 39.2%
SYF June 30, 2026 11,592 $788,467 -4.7%
PHM June 30, 2026 6,695 $787,412 -16.4%
CPRT June 30, 2026 23,386 $776,415 -4.4%
CSL June 30, 2026 2,325 $775,703 -9.1%
RELX June 30, 2026 23,242 $770,487 7.3%
HON June 30, 2026 3,344 $755,800 -5.2%
TRI Dec. 31, 2025 4,815 $747,941 -25.8%
FBP June 30, 2026 34,380 $734,363 3.2%
WU Dec. 31, 2025 90,335 $721,776 -34.2%
LULU Dec. 31, 2025 4,019 $715,101 -54.8%
PLMR Dec. 31, 2025 6,015 $702,251 -4.7%
RCL June 30, 2026 2,504 $689,069 -10.5%
CPA June 30, 2026 5,936 $674,434 -11.2%
ADP June 30, 2026 3,272 $664,846 17.4%
LOPE June 30, 2026 3,520 $598,506 7.3%
CHKP June 30, 2026 4,142 $591,685 0.2%
QLYS June 30, 2026 6,637 $583,060 43.5%
IT June 30, 2026 3,532 $559,257 45.5%
PSTG June 30, 2026 8,345 $492,689 No longer tracked
VO March 31, 2026 1,619 $469,791 12.8%
AMLP March 31, 2026 6,886 $323,799
ABT June 30, 2026 2,987 $306,673 9.3%
BNDX March 31, 2026 5,576 $269,429
IDXX June 30, 2026 477 $268,022 -1.2%
RVNU Dec. 31, 2025 10,817 $266,851
ATO June 30, 2026 1,405 $259,475 -8.2%
FICO Sept. 30, 2025 135 $252,427 -54.3%
COP June 30, 2026 1,911 $252,210 24.2%
ANGL March 31, 2026 8,517 $250,089
LYB Sept. 30, 2025 4,102 $249,125 20.8%
TECB March 31, 2026 4,085 $248,714
PEP June 30, 2026 1,577 $244,849 -6.3%
SUSC Dec. 31, 2025 10,385 $244,671
CVX June 30, 2025 1,454 $243,213 44.4%
AMGN June 30, 2025 768 $239,336 42.2%
PAYX March 31, 2026 2,117 $237,507 8.6%
PYPL Dec. 31, 2025 3,524 $236,319 -6.5%
VRTX Sept. 30, 2025 512 $235,218 27.0%
KHC March 31, 2026 9,614 $233,128 -2.4%
ALB March 31, 2026 1,647 $232,936 -41.0%
ADBE June 30, 2026 958 $232,871 16.6%
SPLV Sept. 30, 2025 3,144 $229,163
SA June 30, 2026 8,058 $228,364 6.2%
UNP June 30, 2026 940 $227,968 1.8%
MMM June 30, 2025 1,541 $226,340 6.2%
WEC June 30, 2025 2,066 $225,195 -1.8%
FICO March 31, 2026 132 $223,162 -35.9%
ULTA March 31, 2026 365 $220,829 4.8%
FTNT Sept. 30, 2025 2,068 $220,552 124.6%
NEAR March 31, 2026 4,315 $220,483
VCIT Dec. 31, 2025 2,616 $220,042
KFEB June 30, 2026 7,636 $214,464
TLT June 30, 2026 2,469 $214,038
UPS June 30, 2025 1,943 $213,719 -7.6%
VOOG March 31, 2026 479 $212,959 29.8%
BABA Dec. 31, 2025 1,187 $212,175 -26.2%
WEC Dec. 31, 2025 1,837 $210,548 -2.9%
WST March 31, 2026 762 $209,701 47.5%
DE Sept. 30, 2025 411 $209,498 50.0%
GILD Dec. 31, 2025 1,875 $208,125 17.5%
VST June 30, 2026 1,381 $207,609 -0.8%
XMLV Dec. 31, 2025 3,238 $205,829
PNR March 31, 2026 1,972 $205,373 -39.0%
QCJL June 30, 2025 10,087 $205,262
PNC March 31, 2026 982 $204,973 6.2%
AKRE March 31, 2026 3,119 $204,326
COP June 30, 2025 1,940 $203,705 43.9%
WTW Dec. 31, 2025 583 $201,397 -11.1%
XP June 30, 2026 10,351 $197,090 79.5%
NFBK June 30, 2025 14,000 $152,740 No longer tracked
VVPR June 30, 2026 20,000 $46,000 No longer tracked
SLS Dec. 31, 2025 10,309 $16,597 201.5%