Performance vs S&P 500

03
Tracked Q1 2026–Q2 2026 +24.0%
S&P 500 total return (same window) +14.8%
Excess return +9.2%

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: 89.7% · Options excluded: 54.9%

Sector breakdown

04
Financials 26.0%
Consumer Discretionary 6.3%
Technology 5.2%
Healthcare 4.3%
Communication Services 4.0%
Industrials 3.0%
Retail 2.0%
Energy 1.3%
Real Estate 0.4%
Consumer products 0.2%
Materials 0.2%
Utilities 0.0%
Other/Unmapped 47.0%

Full portfolio 278 positions

05
Type Streak 8Q trend
QQQ Invesco QQQ Trust, Series 1 $1,264,693,360 37.52% 1,717,400 Call option Up ×1
COIN Coinbase Global, Inc. - 3Class A Common Stock $526,050,096 15.61% 3,598,400 Put option $477,211,679 Up ×1
QQQ Invesco QQQ Trust, Series 1 $226,958,480 6.73% 308,200 Put option Up ×1
BLK BlackRock, Inc. Common Stock $203,562,252 6.04% 211,700 Call option Up ×1
TSLA Tesla, Inc. - Common Stock $183,087,180 5.43% 435,300 Put option $73,346,580 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $83,103,216 2.47% 235,200 Call option Up ×1
MSFT Microsoft Corporation - Common Stock $70,873,800 2.10% 190,000 Call option Up ×1
IBM International Business Machines Corporation Common Stock $41,506,596 1.23% 147,600 Call option Up ×1
AFRM Affirm Holdings, Inc. - Class A Common Stock $28,819,770 0.85% 353,400 Call option Up ×1
BA Boeing Company (The) Common Stock $24,461,110 0.73% 113,000 Call option $-31,307,096 Down ×1
GLD SPDR Gold Shares $22,102,800 0.66% 60,000 Call option Up ×1
AMZN Amazon.com, Inc. - Common Stock $21,450,600 0.64% 90,000 Call option Up ×1
EEM iShares, Inc. $21,384,966 0.63% 312,600 Put option $230,691 Down ×1
AMZN Amazon.com, Inc. - Common Stock $16,014,780 0.48% 67,193 $3,299,272 Up ×1
LLY Eli Lilly and Company Common Stock $15,352,704 0.46% 12,800 Call option Up ×1
ORR Militia Long/Short Equity ETF $14,688,208 0.44% 404,411 $-781,573 Down ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $14,147,056 0.42% 29,623 $2,209,648 Down ×1
NVDA NVIDIA Corporation - Common Stock $12,005,400 0.36% 60,000 Call option $-5,434,600 Down ×1
CASY Caseys General Stores, Inc. - Common Stock $11,921,850 0.35% 15,000 Put option Up ×1
ET Energy Transfer LP Common Units $11,472,000 0.34% 600,000 $-108,000
MRNA Moderna, Inc. - Common Stock $10,399,455 0.31% 148,500 Call option Up ×1
AX Axos Financial, Inc. Common Stock $9,739,000 0.29% 100,000 $1,230,000
ASTS AST SpaceMobile, Inc. - Class A Common Stock $9,392,502 0.28% 105,700 Put option Up ×1
OMAB Grupo Aeroportuario del Centro Norte S.A.B. de C.V. - American Depositary Shares each representing 8 Series B shares $9,366,566 0.28% 82,824 $-365,521 Down ×1
WES Western Midstream Partners, LP Common Units Representing Limited Partner Interests $8,762,940 0.26% 200,250 $518,647
UTI Universal Technical Institute Inc Common Stock $8,511,230 0.25% 199,000 $1,291,230 Down ×1
HCA HCA Healthcare, Inc. Common Stock $8,499,602 0.25% 21,800 Put option $-9,483,518 Down ×1
IBKR Interactive Brokers Group, Inc. - Class A Common Stock $7,920,640 0.23% 91,000 $1,817,270
GOOG Alphabet Inc. - Class C Capital Stock $7,889,506 0.23% 22,329 $1,512,895 Up ×1
MRNA Moderna, Inc. - Common Stock $7,612,331 0.23% 108,701 $6,443,880 Up ×1
SNAP Snap Inc. Class A Common Stock $7,548,000 0.22% 1,700,000 Call option Up ×1
AFRM Affirm Holdings, Inc. - Class A Common Stock $7,543,538 0.22% 92,502 $3,378,408 Up ×1
LTH Life Time Group Holdings, Inc. Common Stock $6,714,096 0.20% 164,400 $2,374,062 Up ×1
AVR Anteris Technologies Global Corp. - Common Stock $6,599,500 0.20% 670,000 $2,936,500 Up ×1
TIGO Millicom International Cellular S.A. - Common Stock $6,353,200 0.19% 70,000 $1,631,980 Up ×1
NKTR Nektar Therapeutics - Common Stock $6,282,900 0.19% 90,000 Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock $6,007,190 0.18% 10,341 $3,159,170 Down ×1
BKD Brookdale Senior Living Inc. Common Stock $5,991,916 0.18% 372,400 $1,671,772 Up ×1
XLP XLP $5,814,900 0.17% 70,000 Call option Up ×1
PURR Hyperliquid Strategies Inc - Common Stock $5,724,536 0.17% 727,387 $2,401,265 Up ×1
APP Applovin Corporation - Class A Common Stock $5,667,530 0.17% 11,000 $2,483,530 Up ×1
KSPI Joint Stock Company Kaspi.kz - American Depository Shares $5,631,600 0.17% 65,000 $3,387,279 Up ×1
OC Owens Corning Inc Common Stock New $5,563,600 0.17% 35,000 Up ×1
LINC Lincoln Educational Services Corporation - Common Stock $5,525,477 0.16% 110,731 $1,020,940
KLAR Klarna Group plc Ordinary Shares $5,328,261 0.16% 263,254 $1,703,640 Down ×1
CYTK Cytokinetics, Incorporated - Common Stock $5,111,400 0.15% 60,000 Up ×1
RELX RELX PLC PLC American Depositary Shares (Each representing One Ordinary Share) $5,067,200 0.15% 160,000 Up ×1
INTR Inter & Co. Inc. - Class A Common Shares $4,887,000 0.14% 900,000 Up ×1
SHC Sotera Health Company - Common Stock $4,792,500 0.14% 270,000 $915,007 Down ×1
BABA Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share $4,751,010 0.14% 49,500 Put option $-1,459,260
IBB iShares Trust $4,583,579 0.14% 24,100 $514,294
NVO Novo Nordisk A/S Common Stock $4,391,304 0.13% 91,600 Up ×1
PGNY Progyny, Inc. - Common Stock $4,304,319 0.13% 149,300 Up ×1
NVDA NVIDIA Corporation - Common Stock $4,279,525 0.13% 21,388 $872,098 Up ×1
NHC CUSIP: 635906100 $4,248,336 0.13% 20,100 $1,421,646 Up ×1
UBER Uber Technologies, Inc. Common Stock $4,210,536 0.12% 58,350 Up ×1
MA Mastercard Incorporated Common Stock $4,160,160 0.12% 8,100 $2,361,384 Up ×1
CAAP Corporacion America Airports SA Common Shares $4,053,980 0.12% 161,000 $-17,710
SVV Savers Value Village, Inc. Common Stock $4,036,000 0.12% 400,000 $1,177,872 Up ×1
GRVY GRAVITY Co., Ltd. - American depositary shares, each representing one common share. $4,027,187 0.12% 59,973 $198,059 Down ×1
ECO Okeanis Eco Tankers Corp. Common Stock $4,009,600 0.12% 80,000 $468,300 Up ×1
PKBK Parke Bancorp, Inc. - Common Stock $3,979,200 0.12% 120,000 $571,200
EPAM EPAM Systems, Inc. Common Stock $3,961,390 0.12% 49,923 Up ×1
BLK BlackRock, Inc. Common Stock $3,942,396 0.12% 4,100 Up ×1
PSNL Personalis, Inc. - Common Stock $3,911,205 0.12% 291,881 Up ×1
MPLX MPLX LP Common Units Representing Limited Partner Interests $3,774,110 0.11% 67,000 $-49,580
RVMD Revolution Medicines, Inc. - Common Stock $3,745,600 0.11% 20,000 Up ×1
INSM Insmed Incorporated - Common Stock $3,742,362 0.11% 35,100 Up ×1
DCO Ducommun Incorporated Common Stock $3,704,200 0.11% 20,000 Up ×1
MHO M/I Homes, Inc. Common Stock $3,698,170 0.11% 23,000 $881,820
TEVA Teva Pharmaceutical Industries Limited American Depositary Shares $3,679,368 0.11% 108,600 $182,436 Down ×1
OMC Omnicom Group Inc. Common Stock $3,648,783 0.11% 50,100 Put option $-124,248
FIGR Figure Technology Solutions, Inc. - Class A Common Stock $3,612,694 0.11% 117,639 $-800,806 Down ×1
SOLS Solstice Advanced Materials Inc. - Common Stock $3,544,000 0.11% 40,000 Up ×1
CCB Coastal Financial Corporation - Common Stock $3,487,950 0.10% 45,000 $-207,390 Down ×1
AVAV AeroVironment, Inc. - Common Stock $3,476,374 0.10% 21,060 $3,267,697 Up ×1
LIND Lindblad Expeditions Holdings Inc. - Common Stock $3,461,320 0.10% 122,568 $1,818,374 Up ×1
OSCR Oscar Health, Inc. Class A Common Stock $3,445,216 0.10% 120,800 Up ×1
AMG Affiliated Managers Group, Inc. Common Stock $3,401,597 0.10% 10,052 Up ×1
V Visa Inc. $3,397,620 0.10% 9,903 $957,636 Up ×1
CSX CSX Corporation - Common Stock $3,312,841 0.10% 69,700 $451,656
BMA Banco Macro S.A. ADR (representing Ten Class B Common Shares) $3,305,463 0.10% 35,700 $373,140 Down ×1
MNTN MNTN, Inc. Class A Common Stock $3,220,000 0.10% 350,000 $858,194 Up ×1
AGM Federal Agricultural Mortgage Corporation Common Stock $3,188,320 0.09% 16,000 $814,720
GLOB Globant S.A. Common Shares $3,183,400 0.09% 110,000 Up ×1
ILMN Illumina, Inc. - Common Stock $3,182,523 0.09% 18,100 Up ×1
CUBI Customers Bancorp, Inc Common Stock $3,164,000 0.09% 40,000 $2,298,804 Up ×1
SNAP Snap Inc. Class A Common Stock $3,108,000 0.09% 700,000 $1,076,180 Up ×1
COO The Cooper Companies, Inc. - Common Stock $3,054,846 0.09% 42,600 Up ×1
SAIA Saia, Inc. - Common Stock $2,998,659 0.09% 7,120 $869,902 Up ×1
CAI Caris Life Sciences, Inc. - Common Stock $2,968,812 0.09% 166,600 Up ×1
GEO Geo Group Inc (The) REIT $2,884,080 0.09% 97,600 $-750,242 Down ×1
CBOE Cboe Global Markets, Inc. Common Stock $2,873,213 0.09% 11,840 Up ×1
LLY Eli Lilly and Company Common Stock $2,871,435 0.09% 2,394 Up ×1
SII Sprott Inc. Common Shares $2,831,220 0.08% 25,200 Up ×1
NVEC NVE Corporation - Common Stock $2,718,300 0.08% 26,000 $1,146,300 Up ×1
SN SharkNinja, Inc. Ordinary Shares $2,704,772 0.08% 17,763 Up ×1
VIRT Virtu Financial, Inc. Class A Common Stock $2,686,607 0.08% 45,100 $2,123,663 Up ×1
ACHC Acadia Healthcare Company, Inc. - Common Stock $2,645,888 0.08% 89,600 $-195,997 Down ×1
ICFI ICF International, Inc. - Common Stock $2,622,960 0.08% 36,000 Up ×1

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
QQQ $1,264,693,360 1,717,400 37.52%
QQQ $226,958,480 308,200 6.73%
BLK $203,562,252 211,700 6.04%
GOOG $83,103,216 235,200 2.47%
MSFT $70,873,800 190,000 2.10%
IBM $41,506,596 147,600 1.23%
AFRM $28,819,770 353,400 0.85%
GLD $22,102,800 60,000 0.66%
AMZN $21,450,600 90,000 0.64%
LLY $15,352,704 12,800 0.46%
CASY $11,921,850 15,000 0.35%
MRNA $10,399,455 148,500 0.31%
ASTS $9,392,502 105,700 0.28%
SNAP $7,548,000 1,700,000 0.22%
NKTR $6,282,900 90,000 0.19%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
TSLA Bought more +140K +$73.3M
BA Trimmed -167K -$31.3M
HCA Trimmed -16K -$9.5M
NVDA Trimmed -40K -$5.4M
KSPI Bought more +35K +$3.4M
AFRM Bought more +2K +$3.4M
AMZN Bought more +6K +$3.3M
AMD Trimmed -4K +$3.2M
AVR Bought more +10K +$2.9M
MRX Trimmed -66K -$2.6M

3 positions 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
SPY June 30, 2026 255,800 $166,356,972 No longer tracked
CORN June 30, 2026 831,174 $15,293,602
IWM June 30, 2026 60,000 $14,880,000 -7.2%
IBIT June 30, 2026 254,938 $9,794,718
FXI June 30, 2026 201,400 $7,230,260 6.1%
EWZ June 30, 2026 160,000 $6,142,400
ERO June 30, 2026 222,782 $5,941,596 20.3%
FDS June 30, 2026 16,640 $3,610,714 35.9%
ADBE June 30, 2026 14,720 $3,578,138 21.8%
TPB June 30, 2026 40,000 $3,471,600 -20.9%
LNG June 30, 2026 12,000 $3,405,120 24.6%
CMG June 30, 2026 92,200 $2,951,322 -15.5%
IQV June 30, 2026 17,000 $2,899,180 44.4%
WMB June 30, 2026 38,389 $2,793,951 -0.1%
FLR June 30, 2026 58,200 $2,715,030 -10.3%
EIDO June 30, 2026 164,278 $2,593,950
RBLX June 30, 2026 45,800 $2,590,448 -2.0%
CME June 30, 2026 8,660 $2,557,731 33.2%
CVS June 30, 2026 35,200 $2,528,064 -13.0%
ICLR June 30, 2026 22,800 $2,523,048 23.3%
NOK June 30, 2026 300,000 $2,412,000 -30.6%
SMTC June 30, 2026 30,000 $2,306,700 -9.2%
WBD June 30, 2026 82,000 $2,251,720 No longer tracked
FIVN June 30, 2026 139,929 $2,122,723 76.5%
BCS June 30, 2026 100,000 $2,116,000 -14.8%
TMDX June 30, 2026 21,000 $2,087,610 0.7%
STLD June 30, 2026 11,523 $2,074,140 8.9%
ABVX June 30, 2026 17,000 $1,892,950 -32.6%
WEAT June 30, 2026 78,200 $1,843,174 0.4%
CVCO June 30, 2026 3,740 $1,811,245 -13.3%
GVA June 30, 2026 15,100 $1,810,188 -29.4%
TGB June 30, 2026 270,500 $1,744,725 No longer tracked
VEEV June 30, 2026 9,636 $1,692,660 79.1%
UI June 30, 2026 2,000 $1,580,580 12.9%
QURE June 30, 2026 94,200 $1,540,170 -45.8%
DBC June 30, 2026 52,738 $1,526,765
GTLB June 30, 2026 68,400 $1,480,176 89.9%
SKY June 30, 2026 18,800 $1,398,156 -10.2%
CBNK June 30, 2026 47,000 $1,397,780 18.1%
ONON June 30, 2026 40,800 $1,388,016 -9.8%
FND June 30, 2026 26,900 $1,366,520 -19.9%
SLV June 30, 2026 20,000 $1,362,800 -8.2%
USO June 30, 2026 10,280 $1,308,130 56.5%
NNI June 30, 2026 9,000 $1,160,640 -8.6%
DUOL June 30, 2026 11,360 $1,119,755 17.6%
LFST June 30, 2026 167,444 $1,066,618 25.0%
VTS June 30, 2026 57,576 $1,045,580 15.9%
STRL June 30, 2026 2,500 $1,018,175 -53.7%
XP June 30, 2026 48,240 $918,490 -1.0%
HAL June 30, 2026 23,200 $904,568 5.3%
CHWY June 30, 2026 32,242 $870,534 5.0%
PRCT June 30, 2026 34,500 $862,845 -10.5%
MYRG June 30, 2026 3,000 $846,960 -44.1%
HROW June 30, 2026 23,519 $829,280 -30.7%
BE June 30, 2026 6,000 $812,940 -24.7%
COLO June 30, 2026 19,800 $783,288
ENPH June 30, 2026 18,200 $688,142 -49.2%
ALIT June 30, 2026 1,134,600 $661,131
MU June 30, 2026 1,930 $652,031 -14.8%
VSTS June 30, 2026 78,660 $618,268 5.0%
SMWB June 30, 2026 236,000 $615,960 48.5%
CTRI June 30, 2026 21,048 $614,812 -30.6%
TSAT June 30, 2026 15,475 $560,195 -10.0%
DCH June 30, 2026 94,424 $559,934 -9.6%
FRPT June 30, 2026 9,200 $542,432 10.0%
INSG June 30, 2026 46,600 $518,192 -50.3%
SHLS June 30, 2026 78,400 $515,872 -23.6%
GME June 30, 2026 21,335 $491,558 5.7%
SMCI June 30, 2026 21,436 $488,098 22.1%
GDXU June 30, 2026 2,400 $483,336 -0.6%
EDN June 30, 2026 14,902 $447,358 -31.8%
TEL June 30, 2026 97,900 $429,781 9.7%
CTRE June 30, 2026 11,700 $428,805 -12.1%
META June 30, 2026 748 $427,953 8.7%
KLC June 30, 2026 191,300 $420,860 -54.1%
URNM June 30, 2026 6,600 $416,790 -12.9%
IDX June 30, 2026 29,200 $401,792 -11.5%
ZIP June 30, 2026 217,072 $399,412 14.9%
CBUS June 30, 2026 200,000 $396,000 2.9%
BRBR June 30, 2026 24,000 $386,160 -28.2%
KLAC June 30, 2026 251 $369,575 -47.4%
DJT June 30, 2026 39,700 $368,416 -22.9%
MDV June 30, 2026 24,552 $351,585 No longer tracked
REAL June 30, 2026 36,620 $332,510 -6.2%
BIRK June 30, 2026 9,240 $331,069 -26.6%
CNXC June 30, 2026 12,100 $331,056 36.3%
XYL June 30, 2026 2,600 $310,700 -25.4%
AMAT June 30, 2026 863 $294,965 -42.5%
KWT June 30, 2026 7,800 $281,892
RDW June 30, 2026 33,100 $281,350 -26.3%
RGNX June 30, 2026 33,500 $280,730 -39.6%
VIK June 30, 2026 3,600 $264,528 -17.4%
IESC June 30, 2026 458 $218,223 -38.6%
LRCX June 30, 2026 1,018 $217,506 -41.4%
JFIN June 30, 2026 51,244 $214,712 -56.3%
ONDS June 30, 2026 23,500 $212,440 -16.7%
GDOG June 30, 2026 13,500 $145,935
PRTH June 30, 2026 21,000 $99,120 17.7%
KOS June 30, 2026 25,000 $69,500 30.8%
FCEL June 30, 2026 10,000 $65,300 -65.6%
CCLD June 30, 2026 14,750 $53,838 -16.5%
ELME June 30, 2026 23,000 $46,230 No longer tracked
BNGO June 30, 2026 10,000 $17,650 6.6%