Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +41.1%
S&P 500 total return (same window) +37.0%
Excess return +4.1%

Annualized: +31.7% · S&P 500: +28.7%

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: 95.8% · Options excluded: 0.0%

Sector breakdown

04
Technology 47.3%
Communication Services 19.0%
Retail 6.0%
Financials 5.2%
Healthcare 3.4%
Energy 1.3%
Consumer products 1.2%
Industrials 0.8%
Materials 0.7%
Consumer Discretionary 0.6%
Utilities 0.4%
Consumer Staples 0.2%
Other/Unmapped 13.8%

Full portfolio 53 positions

05
Type Streak 8Q trend
NVDA NVIDIA Corporation - Common Stock $39,311,482 15.78% 196,469 $462,312 Down ×2
GOOG Alphabet Inc. - Class C Capital Stock $28,111,641 11.28% 79,562 $4,637,600 Down ×6
MSFT Microsoft Corporation - Common Stock $28,042,525 11.25% 75,177 $-1,463,356 Down ×5
AAPL Apple Inc. - Common Stock $23,038,264 9.25% 79,618 $-2,844,763 Down ×6
IEI iShares 3-7 Year Treasury Bond ETF $22,130,399 8.88% 188,424 $-239,696 Down ×1
MU Micron Technology, Inc. - Common Stock $14,197,767 5.70% 12,300 $9,738,279 Down ×1
AMZN Amazon.com, Inc. - Common Stock $13,992,226 5.62% 58,707 $1,602,452 Down ×2
GOOGL Alphabet Inc. - Class A Common Stock $6,463,036 2.59% 18,085 $-3,068,428 Down ×5
META Meta Platforms, Inc. - Class A Common Stock $5,885,254 2.36% 10,448 $-3,055,422 Down ×2
AMD Advanced Micro Devices, Inc. - Common Stock $5,236,904 2.10% 9,015 $3,178,599 Down ×1
SOXX iShares Trust $4,805,700 1.93% 7,500 $2,340,750
JPM JP Morgan Chase & Co. Common Stock $4,593,422 1.84% 14,033 $-1,348,022 Down ×5
AVGO Broadcom Inc. - Common Stock $3,872,693 1.55% 10,252 $646,980 Down ×3
PANW Palo Alto Networks, Inc. - Common Stock $3,561,272 1.43% 10,443 $1,697,392 Down ×1
LLY Eli Lilly and Company Common Stock $3,539,518 1.42% 2,951 $-3,325,645 Down ×3
XOM Exxon Mobil Corporation Common Stock $3,348,683 1.34% 24,493 $-1,521,916 Down ×1
V Visa Inc. $3,221,958 1.29% 9,391 $-2,914,421 Down ×4
MA Mastercard Incorporated Common Stock $2,950,632 1.18% 5,745 $61,098 Down ×1
PG Procter & Gamble Company (The) Common Stock $2,930,307 1.18% 19,983 $24,896 Down ×4
CSCO Cisco Systems, Inc. - Common Stock $2,496,377 1.00% 21,253 $747,964 Down ×1
SGOL abrdn Physical Gold Shares ETF $2,215,964 0.89% 57,964 $-370,100
ABBV AbbVie Inc. Common Stock $2,205,876 0.89% 8,766 $337,637 Up ×2
DIS Walt Disney Company (The) Common Stock $2,013,550 0.81% 20,920 $-2,720
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $1,781,388 0.71% 3,560 $101,792 Up ×1
NFLX Netflix, Inc. - Common Stock $1,781,062 0.71% 24,946 $-540,332 Up ×1
ACWI iShares MSCI ACWI ETF $1,642,638 0.66% 10,470 Up ×1
URI United Rentals, Inc. Common Stock $1,586,046 0.64% 1,400 $566,062
SPY SPY $1,489,307 0.60% 1,995 $431,480 Up ×1
MRNA Moderna, Inc. - Common Stock $1,201,295 0.48% 17,154 $268,302 Down ×5
WMT Walmart Inc. - Common Stock $1,025,003 0.41% 9,050 $-264,899 Down ×1
ITB iShares U.S. Home Construction ETF $1,023,904 0.41% 9,800 $136,514
APD Air Products and Chemicals, Inc. Common Stock $884,817 0.36% 3,018 $-572,862 Down ×1
ECL Ecolab Inc. Common Stock $777,879 0.31% 2,792 $-496,889 Down ×3
AWK American Water Works Company, Inc. Common Stock $735,532 0.30% 5,590 $-637,616 Down ×2
NVO Novo Nordisk A/S Common Stock $699,924 0.28% 14,600 $163,374
MCD McDonald's Corporation Common Stock $698,751 0.28% 2,585 $-104,641
NKE Nike, Inc. Common Stock $688,819 0.28% 16,780 $-197,501
BNTX BioNTech SE - American Depositary Shares $558,300 0.22% 6,000 $25,020
UBER Uber Technologies, Inc. Common Stock $502,306 0.20% 6,961 $178,621 Up ×1
IBIT iShares Bitcoin Trust ETF $499,350 0.20% 15,000 $-76,950
RBLX Roblox Corporation Class A Common Stock $386,240 0.15% 7,100 Up ×1
NLR VanEck ETF Trust $365,337 0.15% 3,150 $-54,211
STZ Constellation Brands, Inc. Common Stock $332,425 0.13% 2,390 $-26,075
HOOD Robinhood Markets, Inc. - Class A Common Stock $279,280 0.11% 2,785 Up ×1
CEG Constellation Energy Corporation - Common Stock When-Issued $275,442 0.11% 1,109 $-173,871 Down ×1
IBM International Business Machines Corporation Common Stock $252,245 0.10% 897 Up ×1
KO Coca-Cola Company (The) Common Stock $251,368 0.10% 3,093 $-1,346 Down ×4
SYK Stryker Corporation Common Stock $250,298 0.10% 795
IEF iShares 7-10 Year Treasury Bond ETF $219,875 0.09% 2,325 $-2,023
ORCL Oracle Corporation Common Stock $213,523 0.09% 1,457 $-816
TSM Taiwan Semiconductor Manufacturing Company Ltd. $211,086 0.08% 442 Up ×1
BIDU Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share $206,751 0.08% 1,809 $5,192
SPGI S&P Global Inc. Common Stock $203,630 0.08% 500 $-115,800 Down ×5

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
ACWI $1,642,638 10,470 0.66%
RBLX $386,240 7,100 0.15%
HOOD $279,280 2,785 0.11%
IBM $252,245 897 0.10%
SYK $250,298 795 0.10%
TSM $211,086 442 0.08%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
MU Trimmed -900 +$9.7M
GOOG Trimmed -2K +$4.6M
LLY Trimmed -5K -$3.3M
AMD Trimmed -1K +$3.2M
GOOGL Trimmed -15K -$3.1M
META Trimmed -5K -$3.1M
V Trimmed -11K -$2.9M
AAPL Trimmed -22K -$2.8M
SOXX Price move only +0 +$2.3M
PANW Trimmed -1K +$1.7M

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
UNH June 30, 2025 19,286 $10,101,042 21.4%
SPY Dec. 31, 2025 6,411 $4,271,008 No longer tracked
GS Sept. 30, 2025 3,430 $2,427,582 12.2%
AME March 31, 2026 8,300 $1,704,073 17.5%
RSG Dec. 31, 2025 7,060 $1,620,129 0.4%
QCOM March 31, 2026 9,460 $1,618,133 40.4%
HD March 31, 2026 2,722 $936,640 -14.5%
XOP June 30, 2026 4,800 $872,208
EMB March 31, 2026 9,000 $866,520
DHR June 30, 2026 4,264 $808,454 16.1%
CRM March 31, 2026 3,005 $796,055 23.1%
EEM June 30, 2026 13,360 $758,714
ALB March 31, 2026 4,480 $633,651 -41.9%
PYPL March 31, 2026 10,430 $608,903 20.3%
ADBE Sept. 30, 2025 1,370 $530,026 -32.3%
KHC June 30, 2025 12,000 $365,160 -15.4%
SYK March 31, 2026 1,010 $354,985 -13.2%
WBD Sept. 30, 2025 30,000 $343,800 58.5%
IONQ Dec. 31, 2025 5,350 $329,025 -4.2%
XLE June 30, 2026 4,600 $281,796 19.5%
PFE Sept. 30, 2025 11,330 $274,639 7.6%
BMY Sept. 30, 2025 5,820 $269,408 30.4%
ADI June 30, 2026 782 $248,785 5.5%
COP June 30, 2026 1,874 $247,368 23.5%
BSX June 30, 2026 3,784 $237,446 -0.7%
ADI Sept. 30, 2025 991 $235,878 70.6%
MS March 31, 2026 1,270 $225,463 15.6%
GLDD June 30, 2025 24,000 $208,800 No longer tracked
TJX June 30, 2025 1,658 $201,944 8.8%
EMR March 31, 2026 1,510 $200,437 23.9%
GLDD March 31, 2026 12,000 $157,440 No longer tracked
FXI Dec. 31, 2025 80,000 $73,600 -11.6%