Sector breakdown

04
Technology 6.1%
Financials 2.9%
Industrials 1.9%
Healthcare 1.8%
Communication Services 1.7%
Retail 1.2%
Consumer Discretionary 0.6%
Energy 0.3%
Utilities 0.3%
Consumer Staples 0.2%
Materials 0.2%
Consumer products 0.1%
Real Estate 0.1%
Other/Unmapped 82.5%

Full portfolio 386 positions

05
Type Streak 8Q trend
SPY SPY $162,010,699 11.06% 216,949 $20,360,573 Down ×1
BIL SPDR SERIES TRUST $139,113,412 9.49% 1,518,042 $18,273,057 Up ×4
IJH iShares Trust $72,696,243 4.96% 942,760 $11,325,232 Up ×6
IEMG iShares, Inc. $55,345,089 3.78% 668,096 $9,580,251 Up ×6
DIVO Amplify ETF Trust $46,877,266 3.20% 1,025,761 $2,843,829 Up ×6
ISTB iShares Core 1-5 Year USD Bond ETF $42,209,872 2.88% 874,816 $1,759,395 Up ×4
GLDM SPDR Gold MiniShares Trust $41,029,643 2.80% 516,616 $-6,323,361 Up ×1
IJR iShares Trust $39,958,319 2.73% 269,424 $7,056,657 Up ×3
DFNM Dimensional ETF Trust $37,532,177 2.56% 776,501 $2,076,678 Up ×4
UITB VictoryShares Core Intermediate Bond ETF $35,539,317 2.43% 758,771 $1,645,937 Up ×6
IEFA iShares Trust $30,534,008 2.08% 316,152 $2,210,838 Up ×6
IEI iShares 3-7 Year Treasury Bond ETF $29,601,159 2.02% 252,032 $1,436,268 Up ×4
IDEV iShares Trust $27,848,826 1.90% 312,873 $2,692,751 Up ×6
MUNI PIMCO ETF Trust $26,579,201 1.81% 505,308 $1,745,998 Up ×6
AAPL Apple Inc. - Common Stock $26,545,842 1.81% 91,740 $2,621,238 Down ×2
SHY iShares 1-3 Year Treasury Bond ETF $17,527,283 1.20% 213,461 $429,430 Up ×4
PTLC Pacer Funds Trust $17,429,175 1.19% 299,162 $1,297,990 Down ×1
QQQI NEOS Nasdaq 100 High Income ETF $16,606,646 1.13% 292,422 $2,874,416 Up ×4
HYG iShares Trust $14,651,304 1.00% 183,210 $584,936 Up ×3
JCPB J.P. Morgan Exchange-Traded Fund Trust $13,631,846 0.93% 290,410 $2,851,090 Up ×1
NVDA NVIDIA Corporation - Common Stock $13,441,050 0.92% 67,175 $-2,703,951 Down ×1
MODL VictoryShares WestEnd U.S. Sector ETF $13,312,549 0.91% 261,184 $1,784,182 Up ×6
TBIL F/m US Treasury 3 Month Bill Fund $12,866,440 0.88% 258,051 $1,654,571 Up ×4
GBIL Goldman Sachs ETF Trust $12,640,370 0.86% 126,202 $-752,635 Down ×1
SUB iShares Trust $12,149,718 0.83% 114,114 $-472,769 Down ×1
CARY Angel Oak Income ETF $11,026,180 0.75% 530,615 $-203,734 Down ×1
PSEP Innovator U.S. Equity Power Buffer ETF - September $10,402,649 0.71% 225,899 $527,053 Down ×1
KJAN Innovator U.S. Small Cap Power Buffer ETF - January $10,245,350 0.70% 224,531 $1,005,470 Up ×4
MSFT Microsoft Corporation - Common Stock $9,973,775 0.68% 26,738 $-191,189 Down ×1
PTMC Pacer Funds Trust $9,445,018 0.64% 225,795 $1,219,134 Up ×3
PTIN Pacer Funds Trust $9,180,381 0.63% 250,351 $964,357 Down ×1
SCHX SCHWAB STRATEGIC TRUST $8,642,714 0.59% 293,670 $980,657 Down ×1
GOOGL Alphabet Inc. - Class A Common Stock $8,503,978 0.58% 23,796 $1,566,879 Down ×2
FAUG First Trust Exchange-Traded Fund VIII $8,402,520 0.57% 148,704 $93,419 Down ×2
MLPA Global X Funds $8,264,132 0.56% 155,692 $385,159 Up ×5
AMZN Amazon.com, Inc. - Common Stock $7,984,521 0.54% 33,501 $1,068,176 Up ×4
PDEC Innovator U.S. Equity Power Buffer ETF - December $7,863,665 0.54% 171,359 $698,122 Up ×6
EMXC iShares MSCI Emerging Markets ex China ETF $7,855,208 0.54% 76,786 $-498,249 Down ×1
CBTJ Calamos Bitcoin 80 Series Structured Alt Protection ETF - January $7,770,134 0.53% 450,072 $6,005,218 Up ×1
HGER Harbor ETF Trust $7,620,977 0.52% 259,747 $229,929 Up ×6
PJUL Innovator U.S. Equity Power Buffer ETF - July $6,885,090 0.47% 141,059 $61,398 Down ×3
THIR THOR Financial Technologies Trust $6,767,279 0.46% 196,153 $1,032,383 Up ×4
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $6,739,004 0.46% 13,468 $409,011 Up ×1
VO VANGUARD INDEX FUNDS $6,579,152 0.45% 81,658 $74,644 Up ×2
LH Labcorp Holdings Inc. Common Stock $6,539,960 0.45% 23,357 $294,204 Down ×2
JEPQ JPMorgan Nasdaq Equity Premium Income ETF $6,201,515 0.42% 100,903 $211,559 Down ×5
GOOG Alphabet Inc. - Class C Capital Stock $6,153,828 0.42% 17,417 $1,270,421 Up ×3
AMD Advanced Micro Devices, Inc. - Common Stock $6,087,357 0.42% 10,479 $4,051,429 Up ×6
JPEF JPMorgan Equity Focus ETF $6,030,951 0.41% 75,077 $670,938 Up ×1
VOO VANGUARD INDEX FUNDS $5,845,058 0.40% 8,510 $771,680 Up ×6
PTNQ Pacer Trendpilot 100 ETF $5,664,115 0.39% 63,893 $856,780 Down ×1
AVGO Broadcom Inc. - Common Stock $5,633,386 0.38% 14,913 $204,579 Down ×1
TSLA Tesla, Inc. - Common Stock $5,565,789 0.38% 13,233 $849,034 Up ×1
TDVG T. Rowe Price Exchange-Traded Funds, Inc. $5,492,978 0.37% 112,033 $-767,585 Down ×2
UAUG Innovator U.S. Equity Ultra Buffer ETF - August $5,371,115 0.37% 127,626 $367,909 Up ×1
RUNN Running Oak Efficient Growth ETF $5,213,246 0.36% 160,923 $-1,104,359 Down ×2
TOWN Towne Bank - Common Stock $5,150,719 0.35% 142,128 $299,544 Down ×1
VNQ VANGUARD SPECIALIZED FUNDS $5,142,902 0.35% 53,333 $742,140 Up ×2
EOCT Innovator Emerging Markets Power Buffer ETF - October $5,028,779 0.34% 147,234 $276,644 Down ×1
FNOV First Trust Exchange-Traded Fund VIII $4,821,682 0.33% 82,436 $588,417 Up ×4
FJUL First Trust Exchange-Traded Fund VIII $4,775,585 0.33% 80,208 $-226,152 Down ×6
EJAN Innovator Emerging Markets Power Buffer ETF January $4,752,387 0.32% 132,021 $369,648 Up ×2
JPM JP Morgan Chase & Co. Common Stock $4,331,232 0.30% 13,232 $360,660 Down ×2
MU Micron Technology, Inc. - Common Stock $4,192,382 0.29% 3,632 $2,465,680 Down ×1
FMHI First Trust Municipal High Income ETF $3,763,067 0.26% 77,605 $30,701 Down ×1
SPYG SPDR SERIES TRUST $3,750,803 0.26% 31,522 $-105,872 Down ×2
META Meta Platforms, Inc. - Class A Common Stock $3,532,422 0.24% 6,271 $-1,839,097 Down ×2
IWF iShares Trust $3,410,653 0.23% 27,468 $439,666 Up ×1
CAT Caterpillar, Inc. Common Stock $3,392,773 0.23% 3,186 $1,200,797 Up ×1
GLD SPDR Gold Shares $3,348,206 0.23% 9,089 $-1,101,423 Down ×3
VGT VANGUARD WORLD FUND $3,070,729 0.21% 25,692 $828,592 Up ×1
UDEC Innovator U.S. Equity Ultra Buffer ETF - December $2,998,259 0.20% 71,935 $217,392 Up ×3
VWO VANGUARD INTERNATIONAL EQUITY INDEX FUNDS $2,996,797 0.20% 50,206 $256,299 Down ×1
QQWZ Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF $2,972,502 0.20% 101,068 $1,152,452 Up ×1
MIAX Miami International Holdings, Inc. Common Stock $2,931,999 0.20% 78,902 $-452,485 Down ×1
LLY Eli Lilly and Company Common Stock $2,925,802 0.20% 2,439 $697,818 Up ×3
JNJ Johnson & Johnson Common Stock $2,636,972 0.18% 10,383 $14,374 Down ×2
GRNY Fundstrat Granny Shots US Large Cap ETF $2,589,340 0.18% 93,647 $2,256,353 Up ×1
BAC Bank of America Corporation Common Stock $2,446,920 0.17% 42,943 $689,468 Up ×6
V Visa Inc. $2,412,093 0.16% 7,030 $242,465 Down ×2
COST Costco Wholesale Corporation - Common Stock $2,405,094 0.16% 2,571 $-154,735 Up ×4
GS Goldman Sachs Group, Inc. (The) Common Stock $2,398,528 0.16% 2,372 $322,054 Down ×2
LRCX Lam Research Corporation - Common Stock $2,206,517 0.15% 5,092 $1,192,272 Up ×1
VTI VANGUARD INDEX FUNDS $2,194,338 0.15% 5,930 $289,047 Down ×6
NPFI Nuveen Preferred and Income ETF $2,186,493 0.15% 83,617 $1,851,523 Up ×1
RTX RTX Corporation Common Stock $2,167,476 0.15% 11,424 $-9,401 Up ×1
IBM International Business Machines Corporation Common Stock $2,154,704 0.15% 7,662 $78,889 Down ×1
WMT Walmart Inc. - Common Stock $2,035,170 0.14% 17,969 $-318,445 Down ×2
IWR iShares Trust $2,029,193 0.14% 18,394 $148,405 Down ×2
HD Home Depot, Inc. (The) Common Stock $1,988,587 0.14% 5,638 $114,643 Down ×1
ABBV AbbVie Inc. Common Stock $1,978,395 0.14% 7,862 $54,477 Down ×2
ITOT iShares Trust $1,891,763 0.13% 11,516 $329,723 Up ×6
INTC Intel Corporation - Common Stock $1,889,601 0.13% 13,533 $1,625,438 Up ×1
BAND Bandwidth Inc. - Class A Common Stock $1,842,853 0.13% 29,113 $1,324,059
JTEK JPMorgan U.S. Tech Leaders ETF $1,813,160 0.12% 16,254 $-260,210 Down ×2
CVX Chevron Corporation Common Stock $1,808,111 0.12% 10,908 $-59,576 Up ×4
GE GE Aerospace Common Stock $1,798,081 0.12% 4,811 $727,748 Up ×5
MLPB ETRACS Alerian MLP Infrastructure Index ETN Series B due April 2, 2040 $1,726,890 0.12% 59,955 $-15,935 Down ×1
PYLD PIMCO Multisector Bond Active Exchange-Traded Fund $1,725,259 0.12% 65,055 $-1,154,776 Down ×2
IVV iShares Trust $1,634,078 0.11% 2,182 $232,289 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
BIL $139,113,412 9.49% up ×4
IJH $72,696,243 4.96% up ×6
IEMG $55,345,089 3.78% up ×6
DIVO $46,877,266 3.20% up ×6
ISTB $42,209,872 2.88% up ×4
IJR $39,958,319 2.73% up ×3
DFNM $37,532,177 2.56% up ×4
UITB $35,539,317 2.43% up ×6
IEFA $30,534,008 2.08% up ×6
IEI $29,601,159 2.02% up ×4
IDEV $27,848,826 1.90% up ×6
MUNI $26,579,201 1.81% up ×6
SHY $17,527,283 1.20% up ×4
QQQI $16,606,646 1.13% up ×4
HYG $14,651,304 1.00% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
DBMF $1,576,446 51,501 0.11%
SNTH $1,094,183 36,804 0.07%
ILF $976,962 28,947 0.07%
PWR $923,812 1,283 0.06%
ALAB $898,418 1,860 0.06%
SNDK $809,449 356 0.06%
SIMO $683,327 2,050 0.05%
SITM $615,087 825 0.04%
BE $575,433 1,901 0.04%
Unknown issuer (CUSIP: 15675D103) $562,666 2,546 0.04%
AAOI $456,926 3,084 0.03%
CRS $396,629 643 0.03%
TER $364,332 753 0.02%
DFUS $363,486 4,436 0.02%
MOH $350,826 1,534 0.02%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
SPY Trimmed -860 +$20.4M
BIL Bought more +199K +$18.3M
IJH Bought more +34K +$11.3M
IEMG Bought more +12K +$9.6M
IJR Bought more +5K +$7.1M
GLDM Bought more +6K -$6.3M
CBTJ Bought more +357K +$6.0M
AMD Bought more +471 +$4.1M
QQQI Bought more +16K +$2.9M
JCPB Bought more +61K +$2.9M

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
JAAA June 30, 2025 145,787 $7,392,859
IFLN March 31, 2026 380,269 $7,073,004
CBTY June 30, 2026 317,010 $6,256,034
COWZ June 30, 2025 110,498 $6,050,871
IBTH March 31, 2026 253,303 $5,691,719
XOM June 30, 2026 17,588 $2,983,966 20.0%
RSPT June 30, 2025 86,274 $2,950,571 62.8%
COM Sept. 30, 2025 102,771 $2,842,646
FMAR Dec. 31, 2025 41,595 $1,929,593
PMAR March 31, 2026 30,835 $1,385,781
VTWO June 30, 2025 12,318 $993,447
SLDP June 30, 2026 270,000 $810,000 -10.0%
MSTR June 30, 2026 6,420 $801,216 84.1%
KVUE March 31, 2026 38,716 $667,851 -0.2%
BMNR June 30, 2026 28,878 $571,207 97.4%
MSFU June 30, 2026 24,500 $563,745
HON June 30, 2026 2,475 $559,425 -4.4%
AKRE March 31, 2026 8,483 $555,722
BITU Dec. 31, 2025 9,500 $507,205
CCOI June 30, 2025 8,241 $505,256 -82.5%
BKNG June 30, 2026 113 $475,767 -10.8%
VST Sept. 30, 2025 2,352 $455,842 -28.5%
EVER June 30, 2026 29,507 $454,998 -18.0%
JEPI June 30, 2025 7,915 $452,264
RIVN March 31, 2026 20,850 $410,954 -5.0%
STOT Sept. 30, 2025 8,525 $403,659
ARM Sept. 30, 2025 2,407 $389,309 117.3%
KMI June 30, 2026 11,081 $371,546 -2.8%
NVDY March 31, 2026 25,400 $371,094
REGN June 30, 2026 480 $370,868 17.9%
BMY June 30, 2025 5,974 $364,355 32.1%
BCI Sept. 30, 2025 17,424 $361,897
AMZU June 30, 2026 13,000 $349,180
DHR June 30, 2026 1,676 $317,770 12.4%
LBRDK Sept. 30, 2025 3,200 $314,816 No longer tracked
VXUS June 30, 2025 4,940 $306,774
T June 30, 2026 10,514 $304,801 17.4%
CRM June 30, 2026 1,617 $301,846 49.8%
AFL Dec. 31, 2025 2,558 $285,729 1.2%
SPGI June 30, 2026 657 $279,449 0.3%
ZTS Sept. 30, 2025 1,771 $276,188 -52.4%
FLRN March 31, 2026 8,747 $268,796
FICO March 31, 2026 158 $267,118 -38.1%
NYF June 30, 2025 5,000 $263,250 -2.9%
PYPL June 30, 2025 3,965 $258,717 -29.0%
IYW March 31, 2026 1,287 $256,989 46.7%
COWZ Dec. 31, 2025 4,427 $254,420
EXE June 30, 2026 2,246 $246,566 -6.2%
MUB March 31, 2026 2,268 $242,926
VRTX Sept. 30, 2025 542 $241,299 28.9%
PAPR March 31, 2026 6,102 $238,711
NEM June 30, 2026 2,191 $237,176 23.7%
JGRO Dec. 31, 2025 2,490 $233,438
BURL June 30, 2026 713 $231,996 -13.1%
FTI June 30, 2026 3,347 $231,379 3.8%
CME June 30, 2026 779 $230,078 19.2%
ARCC March 31, 2026 11,316 $228,923 4.7%
JPST March 31, 2026 4,503 $227,807
CPRT Sept. 30, 2025 4,638 $227,587 -39.5%
ADBE June 30, 2026 928 $225,579 15.9%
SIRI June 30, 2025 9,940 $224,098 12.0%
TSN June 30, 2026 3,485 $223,284 -9.4%
VTV Sept. 30, 2025 1,253 $221,459
PKST June 30, 2026 10,590 $221,226 No longer tracked
EWJ Dec. 31, 2025 2,744 $220,097
XLV June 30, 2025 1,499 $218,869 23.3%
COP June 30, 2025 2,072 $217,602 41.2%
CSGP June 30, 2025 2,724 $215,823 -65.9%
XBIL June 30, 2026 4,300 $215,129
MCK June 30, 2026 247 $213,744 19.4%
UPS June 30, 2025 1,933 $212,601 -7.8%
KLAC Sept. 30, 2025 237 $212,291 -80.8%
NOC June 30, 2026 310 $211,495 -6.1%
UL June 30, 2026 3,679 $209,593 -0.7%
ISRG Sept. 30, 2025 384 $208,670 -12.4%
XPEV March 31, 2026 10,284 $208,560 -45.9%
CARR Sept. 30, 2025 2,830 $207,128 -7.7%
LLYVA Sept. 30, 2025 2,601 $206,728 1.5%
IGSB June 30, 2026 3,930 $206,561
CPAY Sept. 30, 2025 617 $204,733 37.0%
VHT March 31, 2026 707 $203,510
SNPS June 30, 2025 473 $202,847 -4.4%
FMAY Dec. 31, 2025 3,861 $201,726
OBDC Sept. 30, 2025 12,000 $172,080 -19.3%
RUN June 30, 2026 12,088 $163,914 -42.4%
UNHG June 30, 2026 15,500 $157,945
DNUT June 30, 2026 46,017 $155,998 -18.1%