Sector breakdown

04
Technology 6.0%
Financials 3.6%
Energy 1.4%
Healthcare 1.3%
Consumer Staples 1.0%
Communication Services 1.0%
Retail 0.8%
Industrials 0.6%
Materials 0.3%
Consumer Discretionary 0.2%
Utilities 0.1%
Other/Unmapped 83.6%

Full portfolio 143 positions

05
Type Streak 8Q trend
VTV Vanguard Morningstar Value ETF $24,387,334 10.61% 111,904 $2,948,730 Up ×4
VUG Vanguard Morningstar Growth ETF $21,200,896 9.22% 246,121 $3,484,283 Up ×4
IEFA iShares Core MSCI EAFE ETF $17,280,038 7.52% 178,919 $1,607,848 Up ×6
IJH iShares Trust $14,632,671 6.36% 189,764 $2,193,257 Up ×4
IJR iShares Trust $12,362,926 5.38% 83,359 $2,264,224 Up ×4
ETY Eaton Vance Tax-Managed Diversified Equity Income Fund Common Shares of Beneficial Interest, $12,193,382 5.30% 838,609 $1,082,496 Up ×4
VWO Vanguard FTSE Emerging Markets ETF $9,231,327 4.01% 154,655 $956,884 Up ×4
MLPA Global X Funds $7,956,685 3.46% 149,900 $315,703 Up ×6
XLE SELECT SECTOR SPDR TRUST $7,691,236 3.35% 144,817 $-1,077,636 Up ×1
BINC iShares Flexible Income Active ETF $6,494,163 2.82% 124,076 $988,786 Up ×6
PYLD PIMCO Multisector Bond Active Exchange-Traded Fund $5,713,144 2.48% 215,428 $392,844 Up ×2
IVW iShares S&P 500 Growth ETF $4,350,899 1.89% 31,636 $772,551
RQI Cohen & Steers Quality Income Realty Fund Inc Common Shares $4,185,342 1.82% 339,995 $477,578 Up ×6
UTF Cohen & Steers Infrastructure Fund, Inc Common Stock $4,088,642 1.78% 148,193 $973,181 Up ×6
BKLN Invesco Exchange-Traded Fund Trust II $3,449,284 1.50% 169,332 $492 Up ×1
IWV iShares Russell 3000 Fund $3,389,010 1.47% 7,948 $427,292 Down ×3
EFA iShares Trust $3,126,788 1.36% 30,100 $314,874 Up ×4
AAPL Apple Inc. - Common Stock $3,034,518 1.32% 10,487 $1,154,442 Up ×3
NVDA NVIDIA Corporation - Common Stock $3,012,355 1.31% 15,055 $348,939 Down ×1
CVX Chevron Corporation Common Stock $2,882,069 1.25% 17,387 $-715,301
JPM JP Morgan Chase & Co. Common Stock $2,772,485 1.21% 8,470 $284,186 Up ×2
AVGO Broadcom Inc. - Common Stock $2,608,742 1.13% 6,906 $448,053 Down ×1
PM Philip Morris International Inc Common Stock $2,400,850 1.04% 13,164 $204,963
IWF iShares Russell 1000 Growth Fund $2,292,574 1.00% 18,463 $298,920 Up ×1
PHYS Sprott Physical Gold Trust ETV $2,227,330 0.97% 73,826 $-267,930 Up ×4
IWR iShares Russell Mid-Cap ETF $2,121,012 0.92% 19,226 $329,452 Up ×3
IBIT iShares Bitcoin Trust ETF $2,086,018 0.91% 62,662 $-634,118 Down ×1
AMZN Amazon.com, Inc. - Common Stock $1,913,394 0.83% 8,028 $415,100 Up ×3
IWM iShares Russell 2000 Index Fund $1,588,179 0.69% 5,286 $298,579 Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $1,469,340 0.64% 3,071 $420,564 Down ×3
PFF iShares Preferred and Income Securities ETF $1,407,881 0.61% 46,175 $-33,745 Down ×6
BX Blackstone Inc. Common Stock $1,391,044 0.60% 11,822 $51,350 Up ×3
MSFT Microsoft Corporation - Common Stock $1,253,155 0.55% 3,359 $101,057 Up ×4
IBM International Business Machines Corporation Common Stock $1,235,356 0.54% 4,393 $170,537
GOOG Alphabet Inc. - Class C Capital Stock $1,166,877 0.51% 3,303 $216,394 Down ×1
UTG CUSIP: 756158101 $1,157,610 0.50% 28,429 $216,760 Up ×4
MRK Merck & Company, Inc. Common Stock (new) $1,106,072 0.48% 8,551 $91,403 Up ×1
IVE iShares Trust $1,064,684 0.46% 4,689 $106,274 Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $1,062,328 0.46% 2,123 $61,758 Up ×4
VGT Vanguard Information Tech ETF $1,012,024 0.44% 8,467 $326,276 Up ×4
VO Vanguard Morningstar Mid-Cap ETF $1,001,324 0.44% 12,428 $132,030 Up ×1
RWO SPDR INDEX SHARES FUNDS $996,699 0.43% 20,050 $79,958 Up ×2
VNQ Vanguard Real Estate ETF $951,089 0.41% 9,863 $46,172 Down ×1
VB Vanguard Morningstar Small-Cap ETF $890,870 0.39% 2,939 $132,088 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $882,612 0.38% 2,470 $315,376 Up ×4
BRK-A (filed as BRKA) Berkshire Hathaway Inc. Class A $748,850 0.33% 1 $30,710
IVV iShares Trust $697,217 0.30% 931 $99,416 Up ×2
EMR Emerson Electric Company Common Stock $657,774 0.29% 4,595 $55,737
DSL DoubleLine Income Solutions Fund Common Shares of Beneficial Interests $632,013 0.27% 57,144 $-446,903 Down ×4
LIN Linde plc - Ordinary Shares $621,690 0.27% 1,198 $27,770
FPE First Trust Preferred Securities and Income ETF ETF $609,869 0.27% 34,109 $4,434
ALL Allstate Corporation (The) Common Stock $588,228 0.26% 2,461 $75,306
ORI Old Republic International Corporation Common Stock $520,707 0.23% 12,725 $14,536 Up ×1
MMM 3M Company Common Stock $519,731 0.23% 3,210 $53,543
SDY SPDR SERIES TRUST $503,868 0.22% 3,311 $20,661
EEM iShares, Inc. $496,930 0.22% 7,264 $109,906 Up ×1
GLD SPDR Gold Shares $496,208 0.22% 1,347 $64,197 Up ×1
HCA HCA Healthcare, Inc. Common Stock $467,868 0.20% 1,200 $186,290 Up ×1
FITB Fifth Third Bancorp - Common Stock $440,251 0.19% 7,755 $76,852
WFC Wells Fargo & Company Common Stock $430,472 0.19% 5,209 $15,784
MAR Marriott International - Class A Common Stock $413,949 0.18% 1,117 $48,612
ABBV AbbVie Inc. Common Stock $404,637 0.18% 1,608 $54,913
MUB iShares Trust $398,194 0.17% 3,700 $16,054 Up ×3
OKE ONEOK, Inc. Common Stock $393,143 0.17% 4,522 $-15,601
VYM Vanguard High Dividend Yield ETF $391,899 0.17% 2,480 $24,694 Up ×2
CI The Cigna Group Common Stock $379,611 0.17% 1,377 $12,296
IWD iShares Russell 1000 Value ETF $378,724 0.16% 1,562 $45,312 Up ×1
EFG iShares Trust $343,648 0.15% 2,762 $36,044
IEMG iShares, Inc. $339,064 0.15% 4,093 $58,739 Up ×1
VZ Verizon Communications Inc. Common Stock $331,141 0.14% 7,821 $-61,473
VHT Vanguard Health Care ETF $330,653 0.14% 1,106 $29,526
CVS CVS Health Corporation Common Stock $321,998 0.14% 3,113 $42,094 Down ×2
SOXX iShares Trust $302,460 0.13% 472 $123,987 Down ×1
PLTR Palantir Technologies Inc. - Class A Common Stock $295,058 0.13% 2,529 $-80,735 Down ×1
VOO Vanguard S&P 500 ETF $290,690 0.13% 423 $43,965 Up ×3
IGF iShares Global Infrastructure ETF $284,182 0.12% 4,267 $-1,707
DUK Duke Energy Corporation (Holding Company) Common Stock $278,603 0.12% 2,201 $-9,596
CWI SPDR INDEX SHARES FUNDS $276,556 0.12% 6,800 $27,744
BAC Bank of America Corporation Common Stock $261,481 0.11% 4,589 $37,767
IMCB iShares Trust $258,171 0.11% 2,674 $35,230 Up ×4
IWP iShares Russell Midcap Growth ETF $249,483 0.11% 1,704 $31,167
LMT Lockheed Martin Corporation Common Stock $244,541 0.11% 480 $-45,566
INTC Intel Corporation - Common Stock $241,979 0.11% 1,733 Up ×1
MPWR Monolithic Power Systems, Inc. - Common Stock $236,726 0.10% 171 Up ×1
JNJ Johnson & Johnson Common Stock $231,113 0.10% 910 Up ×1
GDV Gabelli Dividend & Income Trust Common Shares of Beneficial Interest $230,143 0.10% 7,828 $19,335
DSI iShares Trust $219,281 0.10% 1,540 $20,529 Down ×1
ASML ASML Holding N.V. - New York Registry Shares $218,844 0.10% 110 Up ×1
IJS iShares S&P SmallCap 600 Value ETF $211,444 0.09% 1,547 $28,202
PFFA ETFis Series Trust I $209,814 0.09% 10,200 $2,142
IJT iShares S&P SmallCap 600 Growth ETF $209,676 0.09% 1,174 $39,786
INDA iShares Trust $208,722 0.09% 4,226 $-7,960 Down ×2
NBIS Nebius Group N.V. - Class A Ordinary Shares $206,575 0.09% 748 Up ×1
VCSH Vanguard Short-Term Corporate Bond ETF $202,791 0.09% 2,566 $652 Up ×2
BIL SPDR SERIES TRUST $198,091 0.09% 2,162 $573 Up ×1
VOT Vanguard Morningstar Mid-Cap Growth ETF $182,730 0.08% 597 $29,989 Up ×1
AGG iShares Trust $172,621 0.08% 1,744 $-506
IWS iShares Russell Mid-Cap Value ETF $155,712 0.07% 946 $17,842
VOE Vanguard Morningstar Mid-Cap Value ETF $148,311 0.06% 751 $10,046 Up ×1
VRIG Invesco Variable Rate Investment Grade ETF $145,406 0.06% 5,800 $203

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
VTV $24,387,334 10.61% up ×4
VUG $21,200,896 9.22% up ×4
IEFA $17,280,038 7.52% up ×6
IJH $14,632,671 6.36% up ×4
IJR $12,362,926 5.38% up ×4
ETY $12,193,382 5.30% up ×4
VWO $9,231,327 4.01% up ×4
MLPA $7,956,685 3.46% up ×6
BINC $6,494,163 2.82% up ×6
RQI $4,185,342 1.82% up ×6
UTF $4,088,642 1.78% up ×6
EFA $3,126,788 1.36% up ×4
AAPL $3,034,518 1.32% up ×3
PHYS $2,227,330 0.97% up ×4
IWR $2,121,012 0.92% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
INTC $241,979 1,733 0.11%
MPWR $236,726 171 0.10%
JNJ $231,113 910 0.10%
ASML $218,844 110 0.10%
NBIS $206,575 748 0.09%
ENOR $8,641 275 0.00%
Unknown issuer (CUSIP: 19247L122) $5,047 338,706 0.00%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VUG Bought more +206K +$3.5M
VTV Bought more +3K +$2.9M
IJR Bought more +2K +$2.3M
IJH Bought more +6K +$2.2M
IEFA Bought more +6K +$1.6M
AAPL Bought more +3K +$1.2M
ETY Bought more +33K +$1.1M
XLE Bought more +2K -$1.1M
BINC Bought more +18K +$989K
UTF Bought more +28K +$973K

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
GBTC Dec. 31, 2025 11,575 $1,039,088 -3.1%
ET June 30, 2026 45,243 $873,190 No longer tracked
V June 30, 2025 1,649 $577,791 4.1%
EMLP June 30, 2026 13,151 $574,173
EPD June 30, 2026 14,613 $552,960 0.1%
WRB June 30, 2025 6,440 $458,270 -5.0%
MPLX June 30, 2026 8,000 $456,560 1.8%
DBC June 30, 2025 16,810 $378,225
TSCO June 30, 2025 6,010 $331,151 -40.5%
CSL June 30, 2025 920 $313,374 -11.4%
NFLX June 30, 2025 322 $300,586 -95.0%
CPRT June 30, 2025 5,168 $292,475 -43.7%
HQH March 31, 2026 13,800 $261,372 10.1%
UNH June 30, 2025 480 $251,225 21.4%
CDW June 30, 2025 1,514 $242,634 -25.0%
FICO Sept. 30, 2025 132 $241,291 -53.9%
DIS March 31, 2026 1,983 $227,093 7.5%
PFE June 30, 2025 8,843 $224,082 13.1%
FICO March 31, 2026 132 $223,162 -35.4%
MANH June 30, 2025 1,253 $216,762 4.0%
BKNG June 30, 2025 46 $210,379 -97.3%
HCA June 30, 2025 589 $203,529 13.5%
ECC Sept. 30, 2025 17,800 $136,348 -48.4%
PSLV June 30, 2025 10,000 $116,000
BRDG Sept. 30, 2025 10,150 $101,602 No longer tracked
UTFRT Dec. 31, 2025 91,443 $7,133 No longer tracked
LQD June 30, 2026 3 $327