Performance vs S&P 500

03
Tracked Q1 2025–Q3 2026 +34.9%
S&P 500 total return (same window) +39.9%
Excess return -5.0%

Annualized: +22.1% · S&P 500: +25.1%

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: 97.9% · Options excluded: 0.0%

Sector breakdown

04
Technology 48.3%
Financials 11.1%
Health Care 9.7%
Retail 8.2%
Communication Services 4.6%
Consumer Discretionary 2.7%
Industrials 2.0%
Consumer products 0.4%
Other/Unmapped 12.9%

Full portfolio 75 positions

05
Type Streak 8Q trend
AAPL Apple Inc. - Common Stock $45,469,885 23.60% 136,538 $5,871,258 Down ×1
NVDA NVIDIA Corporation - Common Stock $16,034,103 8.32% 70,208 $1,929,959 Down ×1
QQQ Invesco QQQ Trust, Series 1 $9,828,692 5.10% 13,286 $46,984 Up ×1
LRCX Lam Research Corporation - Common Stock $8,869,113 4.60% 26,998 $-2,954,296 Down ×1
ISRG Intuitive Surgical, Inc. - Common Stock $8,212,299 4.26% 20,196 $152,121 Down ×1
VTI Vanguard Morningstar Total Stock Market ETF $6,837,739 3.55% 18,271 $67,857 Down ×6
WSM Williams-Sonoma, Inc. Common Stock (DE) $5,719,926 2.97% 25,094 $-129,485
MA Mastercard Incorporated Common Stock $5,521,869 2.87% 10,013 $362,243 Down ×1
GOOGL Alphabet Inc. - Class A Common Stock $5,313,972 2.76% 15,444 $-212,398 Down ×1
V Visa Inc. $4,276,386 2.22% 11,901 $190,527 Down ×1
COST Costco Wholesale Corporation - Common Stock $4,130,213 2.14% 4,537 $-180,433 Down ×1
TXN Texas Instruments Incorporated - Common Stock $3,349,876 1.74% 11,960 $-215,041
SBUX Starbucks Corporation - Common Stock $3,017,431 1.57% 32,114 $-264,299
AMZN Amazon.com, Inc. - Common Stock $2,834,829 1.47% 11,378 $95,111 Down ×1
IBB iShares Trust $2,825,260 1.47% 13,419 $272,958
SCHW Charles Schwab Corporation (The) Common Stock $2,730,807 1.42% 27,939 $136,221 Down ×1
ORCL Oracle Corporation Common Stock $2,414,832 1.25% 17,588 $-140,707 Up ×2
EW Edwards Lifesciences Corporation Common Stock $2,371,513 1.23% 27,473 $-113,740
BLK BlackRock, Inc. Common Stock $2,304,426 1.20% 2,177 $187,552 Down ×1
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $2,300,678 1.19% 8,690 $648,480 Up ×6
XYZ Block, Inc. Class A Common Stock, $2,253,621 1.17% 30,649 $-91,663 Down ×4
IDXX IDEXX Laboratories, Inc. - Common Stock $2,147,898 1.11% 4,113 $-17,481
VCSH Vanguard Short-Term Corporate Bond ETF $2,147,550 1.11% 27,800 $-49,484
INTC Intel Corporation - Common Stock $2,020,345 1.05% 16,804 $-325,998
CAT Caterpillar, Inc. Common Stock $1,872,114 0.97% 2,309 $-545,209 Up ×2
GOOG Alphabet Inc. - Class C Capital Stock $1,642,367 0.85% 4,820 $-65,984 Down ×1
INTU Intuit Inc. - Common Stock $1,610,836 0.84% 5,842 $65,585 Down ×1
DVA DaVita Inc. Common Stock $1,550,491 0.80% 8,864 $-421,572
AMD Advanced Micro Devices, Inc. - Common Stock $1,519,000 0.79% 2,483 $73,115 Down ×1
AMAT Applied Materials, Inc. - Common Stock $1,465,359 0.76% 2,865 $-612,182 Down ×1
LNTH Lantheus Holdings, Inc. - Common Stock $1,420,094 0.74% 14,268 $-162,798
CSCO Cisco Systems, Inc. - Common Stock $1,405,433 0.73% 13,058 $-145,039 Down ×1
SNDK Sandisk Corporation - Common Stock $1,308,397 0.68% 752 $-278,667 Up ×2
CMG Chipotle Mexican Grill, Inc. Common Stock $1,281,179 0.66% 40,099 $-82,204
NDAQ Nasdaq, Inc. - Common Stock $1,249,565 0.65% 13,580 $179,130
TSCO Tractor Supply Company - Common Stock $1,177,920 0.61% 37,645 $5,655 Up ×1
SPY SPY $1,005,909 0.52% 1,319 $20,919
USPH U.S. Physical Therapy, Inc. Common Stock $904,066 0.47% 10,545 $107,412 Down ×3
SYK Stryker Corporation Common Stock $897,496 0.47% 3,259 $-160,681 Down ×1
ICE Intercontinental Exchange Inc. Common Stock $886,791 0.46% 5,833 $168,690
IWV iShares Trust $880,586 0.46% 2,040 $10,730
GDDY GoDaddy Inc. Class A Common Stock $872,197 0.45% 9,132 $97,073
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $832,074 0.43% 1,671 $-4,078
PANW Palo Alto Networks, Inc. - Common Stock $827,199 0.43% 2,082 $72,863 Down ×1
PLTR Palantir Technologies Inc. - Class A Common Stock $810,862 0.42% 4,335 $305,098
MORN Morningstar, Inc. - Common Stock $776,503 0.40% 4,086 $120,907 Down ×1
WDC Western Digital Corporation - Common Stock $766,901 0.40% 1,687 $-310,939
DGX Quest Diagnostics Incorporated Common Stock $733,005 0.38% 3,145 $66,422
MSFT Microsoft Corporation - Common Stock $731,908 0.38% 1,427 $175,362 Down ×1
TOL Toll Brothers, Inc. Common Stock $710,806 0.37% 5,275 $-158,250
TREX Trex Company, Inc. Common Stock $700,946 0.36% 16,091 $-114,281 Down ×4
CBOE Cboe Global Markets, Inc. Common Stock $642,802 0.33% 2,335 $55,298 Down ×1
BK The Bank of New York Mellon Corporation Common Stock $637,095 0.33% 4,405 $88
EBAY eBay Inc. - Common Stock $627,233 0.33% 5,914 $-33,712
AVGO Broadcom Inc. - Common Stock $626,523 0.33% 1,784 $-32,651 Up ×5
QCOM QUALCOMM Incorporated - Common Stock $620,491 0.32% 3,371 $-2,528
IJH iShares Trust $573,801 0.30% 7,975 $-41,151
DKS Dick's Sporting Goods Inc Common Stock $546,292 0.28% 4,068 $-376,371
NFLX Netflix, Inc. - Common Stock $523,937 0.27% 7,530 $-13,705
GLW Corning Incorporated Common Stock $505,870 0.26% 3,290 $-268,083 Up ×2
TJX TJX Companies, Inc. (The) Common Stock $487,033 0.25% 3,681 $-34,885 Up ×4
ADBE Adobe Inc. - Common Stock $446,888 0.23% 1,862 $40,846 Down ×3
NOW ServiceNow, Inc. Common Stock $394,927 0.20% 2,947 $102,349
TPR Tapestry, Inc. Common Stock $357,774 0.19% 3,110 $-97,468
LOW Lowe's Companies, Inc. Common Stock $334,302 0.17% 1,814 $-65,667
GNRC Generac Holdlings Inc. Common Stock $320,979 0.17% 1,551 $-133,169
DELL Dell Technologies Inc. Class C Common Stock $309,321 0.16% 575 $35,344 Down ×1
TXRH Texas Roadhouse, Inc. - Common Stock $302,674 0.16% 1,936 $-71,419
SLS SELLAS Life Sciences Group, Inc. - Common Stock $284,139 0.15% 23,082 $-56,551
EXP Eagle Materials Inc Common Stock $271,580 0.14% 1,588 $-85,720
AXON Axon Enterprise, Inc. - Common Stock $270,835 0.14% 641 $-94,122 Down ×1
LULU lululemon athletica inc. - Common Stock $215,850 0.11% 2,244 $-40,370
ILMN Illumina, Inc. - Common Stock $210,939 0.11% 770 Up ×1
ADI Analog Devices, Inc. - Common Stock $209,066 0.11% 527 $-243
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF $202,871 0.11% 3,960 $-4,673

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
CRWD $2,300,678 1.19% up ×6
AVGO $626,523 0.33% up ×5
TJX $487,033 0.25% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
ILMN $210,939 770 0.11%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
AAPL Trimmed -311 +$5.9M
LRCX Trimmed -287 -$3.0M
NVDA Trimmed -281 +$1.9M
CRWD Bought more +7K +$648K
AMAT Trimmed -8 -$612K
CAT Bought more +39 -$545K
DVA Price move only +0 -$422K
DKS Price move only +0 -$376K
MA Trimmed -33 +$362K
INTC Price move only +0 -$326K

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
PYPL Sept. 30, 2026 7,744 $334,386 8.5%
DHIL March 31, 2026 1,891 $320,525 No longer tracked
ENPH June 30, 2025 3,964 $245,966 -20.3%
ZTS June 30, 2026 2,003 $236,834 12.8%
DPZ Dec. 31, 2025 499 $215,531 -24.8%
ASML Sept. 30, 2026 105 $208,891 -13.2%
IPGP Dec. 31, 2025 2,601 $205,973 -0.7%
IPGP Sept. 30, 2026 1,741 $204,313 -9.2%
IHI Dec. 31, 2025 3,353 $201,478 -17.0%