Sector breakdown

04
Technology 11.7%
Financials 4.2%
Healthcare 3.6%
Industrials 3.4%
Communication Services 2.6%
Retail 2.1%
Energy 1.8%
Consumer Discretionary 1.3%
Utilities 0.9%
Consumer Staples 0.6%
Materials 0.4%
Real Estate 0.4%
Consumer products 0.3%
Other/Unmapped 66.7%

Full portfolio 595 positions

05
Type Streak 8Q trend
SGOV iShares Trust $64,142,794 3.92% 637,159 $3,724,753 Up ×1
SPYM State Street SPDR Portfolio S&P 500 ETF $58,749,659 3.59% 668,521 $11,505,185 Up ×6
SPYV State Street SPDR Portfolio S&P 500 Value ETF $51,477,426 3.15% 846,807 $9,404,220 Up ×6
AAPL Apple Inc. - Common Stock $47,750,658 2.92% 165,022 $13,795,687 Up ×6
IWY iShares Russell Top 200 Growth ETF $43,362,789 2.65% 149,208 $5,967,364 Down ×1
NVDA NVIDIA Corporation - Common Stock $33,749,656 2.06% 168,672 $13,053,104 Up ×6
SPDW State Street SPDR Portfolio Developed World ex-US ETF $31,445,164 1.92% 624,036 $9,197,067 Up ×6
BSCR Invesco BulletShares 2027 Corporate Bond ETF $28,739,267 1.76% 1,465,168 $1,835,899 Up ×6
BSCQ Invesco BulletShares 2026 Corporate Bond ETF $27,950,483 1.71% 1,431,523 $1,412,249 Up ×6
BSCS Invesco BulletShares 2028 Corporate Bond ETF $27,751,532 1.70% 1,362,707 $2,223,406 Up ×6
BSCT Invesco BulletShares 2029 Corporate Bond ETF $26,971,288 1.65% 1,452,021 $2,155,625 Up ×6
BSCV Invesco BulletShares 2031 Corporate Bond ETF $25,870,081 1.58% 1,578,888 $1,840,943 Up ×6
BSCU Invesco BulletShares 2030 Corporate Bond ETF $25,581,777 1.57% 1,536,904 $1,824,012 Up ×6
BSCW Invesco BulletShares 2032 Corporate Bond ETF $24,194,066 1.48% 1,179,623 $2,437,452 Up ×6
VUG Vanguard Morningstar Growth ETF $24,038,384 1.47% 279,062 $4,295,985 Up ×1
MSFT Microsoft Corporation - Common Stock $22,957,708 1.40% 61,546 $3,410,548 Up ×6
SPYG State Street SPDR Portfolio S&P 500 Growth ETF $20,165,467 1.23% 169,472 $9,978,314 Up ×4
AMZN Amazon.com, Inc. - Common Stock $16,765,705 1.03% 70,344 $6,240,095 Up ×4
SPY SPY $16,640,401 1.02% 22,283 $1,984,286 Down ×1
JNJ Johnson & Johnson Common Stock $16,381,254 1.00% 64,501 $2,118,446 Up ×1
JPEF JPMorgan Equity Focus ETF $15,291,421 0.94% 190,357 $-450,959 Down ×2
GOOGL Alphabet Inc. - Class A Common Stock $14,719,231 0.90% 41,188 $4,291,488 Up ×1
AVUV AMERICAN CENTURY ETF TRUST $14,718,790 0.90% 117,977 $5,316,273 Up ×1
SPEM State Street SPDR Portfolio Emerging Markets ETF $13,347,954 0.82% 257,782 $2,987,472 Up ×6
SLYG SPDR SERIES TRUST $12,476,167 0.76% 104,727 $3,608,210 Up ×6
MU Micron Technology, Inc. - Common Stock $12,356,396 0.76% 10,705 $8,880,844 Up ×3
RWL Invesco Exchange-Traded Fund Trust II $12,347,366 0.76% 96,645 $1,641,347 Up ×4
MDYV SPDR SERIES TRUST $12,160,077 0.74% 128,203 $2,116,453 Up ×6
AVGO Broadcom Inc. - Common Stock $11,331,313 0.69% 29,997 $5,739,057 Up ×6
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $11,316,083 0.69% 22,615 $2,310,225 Up ×2
AMD Advanced Micro Devices, Inc. - Common Stock $11,017,417 0.67% 18,966 $8,828,349 Up ×2
GLD SPDR Gold Shares $10,548,823 0.65% 28,636 $-1,747,450 Up ×6
CAT Caterpillar, Inc. Common Stock $10,340,693 0.63% 9,710 $5,883,200 Up ×2
SMH SMH $10,277,377 0.63% 15,669 $5,287,288 Up ×4
QQQ Invesco QQQ Trust, Series 1 $10,016,106 0.61% 13,601 $2,698,126 Up ×4
GOOG Alphabet Inc. - Class C Capital Stock $9,949,555 0.61% 28,159 $5,113,288 Up ×3
MDYG SPDR SERIES TRUST $9,893,240 0.61% 88,262 $2,864,902 Up ×6
VTI Vanguard Morningstar Total Stock Market ETF $9,844,182 0.60% 26,603 $1,550,666 Up ×3
USMV iShares MSCI USA Min Vol Factor ETF $9,656,155 0.59% 100,105 $-156,843 Down ×2
SCHD SCHWAB STRATEGIC TRUST $9,460,907 0.58% 298,357 $1,085,695 Up ×1
SDY SPDR SERIES TRUST $9,098,510 0.56% 59,788 $740,480 Up ×1
META Meta Platforms, Inc. - Class A Common Stock $8,164,570 0.50% 14,494 $3,233,024 Up ×2
ITOT iShares Trust $8,091,006 0.50% 49,254 $673,381 Down ×2
MINT PIMCO ETF Trust $7,985,173 0.49% 79,210 $5,409,535 Up ×6
JPM JP Morgan Chase & Co. Common Stock $7,984,934 0.49% 24,394 $2,050,157 Up ×2
SLYV SPDR SERIES TRUST $7,413,233 0.45% 67,943 $1,534,611 Up ×6
LLY Eli Lilly and Company Common Stock $7,368,525 0.45% 6,143 $2,609,493 Up ×5
OEF iShares Trust $7,357,275 0.45% 20,109 $650,645 Down ×6
COWZ Pacer Funds Trust $7,305,409 0.45% 117,450 $-1,194,891 Down ×5
JPLD JPMorgan Limited Duration Bond ETF $7,178,188 0.44% 137,540 $1,563,117 Up ×5
PTLC Pacer Funds Trust $6,847,225 0.42% 117,529 $586,021 Down ×5
HELO J.P. Morgan Exchange-Traded Fund Trust $6,378,484 0.39% 94,384 $-274,190 Down ×2
NBIS Nebius Group N.V. - Class A Ordinary Shares $6,285,353 0.38% 22,759 Up ×1
RTX RTX Corporation Common Stock $6,125,312 0.37% 32,284 $1,588,069 Up ×2
XOM Exxon Mobil Corporation Common Stock $5,816,554 0.36% 42,544 $-939,238 Up ×1
BIL SPDR SERIES TRUST $5,790,830 0.35% 63,191 $131,295 Up ×3
ABBV AbbVie Inc. Common Stock $5,773,586 0.35% 22,944 $1,859,226 Up ×1
IBM International Business Machines Corporation Common Stock $5,602,360 0.34% 19,922 $2,143,997 Up ×5
TSLA Tesla, Inc. - Common Stock $5,439,199 0.33% 12,932 $796,413 Up ×1
VTV Vanguard Morningstar Value ETF $5,432,594 0.33% 24,928 $1,413,135 Up ×1
JMBS Janus Henderson Mortgage-Backed Securities ETF $5,411,824 0.33% 120,289 $-878,409 Down ×2
AVDE AMERICAN CENTURY ETF TRUST $5,385,182 0.33% 60,372 Up ×1
VOT Vanguard Morningstar Mid-Cap Growth ETF $5,364,735 0.33% 17,515 $1,204,689 Up ×1
GLDM SPDR Gold MiniShares Trust $5,288,186 0.32% 66,585 $-434,330 Up ×6
PAVE Global X Funds $4,910,649 0.30% 83,344 $1,409,670 Up ×4
IBDT iShares Trust $4,817,313 0.29% 190,785 $-142,874 Down ×1
MOAT VanEck ETF Trust $4,786,171 0.29% 46,039 $892,780 Up ×6
DUK Duke Energy Corporation (Holding Company) Common Stock $4,778,066 0.29% 37,747 $-252,418 Down ×3
CVX Chevron Corporation Common Stock $4,632,273 0.28% 27,946 $-924,729 Up ×1
SGOL abrdn Physical Gold Shares ETF $4,628,430 0.28% 121,068 $-2,112,938 Down ×3
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF $4,611,789 0.28% 79,969 $812,130 Up ×6
AMAT Applied Materials, Inc. - Common Stock $4,543,446 0.28% 6,284 $3,004,362 Up ×1
UTES Virtus Reaves Utilities ETF $4,513,242 0.28% 55,215 $339,639 Up ×5
V Visa Inc. $4,490,330 0.27% 13,088 $1,790,417 Up ×4
XLE SELECT SECTOR SPDR TRUST $4,461,386 0.27% 84,003 $-418,408 Up ×6
COST Costco Wholesale Corporation - Common Stock $4,439,467 0.27% 4,746 $1,788,633 Up ×4
C Citigroup, Inc. Common Stock $4,360,321 0.27% 31,154 $3,149,429 Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $4,332,595 0.27% 9,072 $2,317,353 Up ×2
EPD Enterprise Products Partners L.P. Common Stock $4,241,453 0.26% 115,382 $-317,329 Down ×1
BAC Bank of America Corporation Common Stock $4,234,717 0.26% 74,319 $2,344,428 Up ×1
IBDR iShares Trust $4,201,755 0.26% 173,411 $-36,426 Down ×1
PFE Pfizer, Inc. Common Stock $4,106,756 0.25% 170,546 $2,488,281 Up ×6
SYLD Cambria Shareholder Yield ETF $4,054,458 0.25% 51,266 $-14,075 Down ×6
ATFV Alger ETF Trust $3,960,068 0.24% 95,608 Up ×1
HD Home Depot, Inc. (The) Common Stock $3,932,930 0.24% 11,152 $906,789 Up ×6
PPA Invesco Exchange-Traded Fund Trust $3,918,505 0.24% 22,182 $490,482 Up ×6
NLR VanEck ETF Trust $3,896,432 0.24% 33,596 $-274,243 Up ×6
BSMS Invesco BulletShares 2028 Municipal Bond ETF $3,804,428 0.23% 162,305 $93,933 Up ×6
XSVM Invesco Exchange-Traded Fund Trust $3,794,912 0.23% 54,532 $458,634 Down ×6
IBDS iShares Trust $3,776,828 0.23% 155,938 $-80,624 Down ×1
BSMR Invesco BulletShares 2027 Municipal Bond ETF $3,766,474 0.23% 159,326 $208,715 Up ×6
QQQM Invesco NASDAQ 100 ETF $3,763,343 0.23% 12,422 $1,117,236 Up ×4
MO Altria Group, Inc. $3,733,432 0.23% 51,889 $304,618 Down ×3
FLRN SPDR SERIES TRUST $3,712,952 0.23% 120,355 $43,730 Up ×1
IEFA iShares Core MSCI EAFE ETF $3,711,900 0.23% 38,433 $350,767 Up ×1
SPXX Nuveen S&P 500 Dynamic Overwrite Fund $3,704,704 0.23% 198,750 $436,629 Down ×1
MLPX Global X Funds $3,691,400 0.23% 50,114 $298,296 Up ×3
BSMQ Invesco BulletShares 2026 Municipal Bond ETF $3,679,213 0.23% 156,263 $23,131 Up ×6
BSMU Invesco BulletShares 2030 Municipal Bond ETF $3,659,959 0.22% 166,980 $110,913 Up ×2
BSMT Invesco BulletShares 2029 Municipal Bond ETF $3,641,197 0.22% 158,107 $113,723 Up ×6

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
SPYM $58,749,659 3.59% up ×6
SPYV $51,477,426 3.15% up ×6
AAPL $47,750,658 2.92% up ×6
NVDA $33,749,656 2.06% up ×6
SPDW $31,445,164 1.92% up ×6
BSCR $28,739,267 1.76% up ×6
BSCQ $27,950,483 1.71% up ×6
BSCS $27,751,532 1.70% up ×6
BSCT $26,971,288 1.65% up ×6
BSCV $25,870,081 1.58% up ×6
BSCU $25,581,777 1.57% up ×6
BSCW $24,194,066 1.48% up ×6
MSFT $22,957,708 1.40% up ×6
SPYG $20,165,467 1.23% up ×4
AMZN $16,765,705 1.03% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
NBIS $6,285,353 22,759 0.38%
AVDE $5,385,182 60,372 0.33%
ATFV $3,960,068 95,608 0.24%
WAL $3,232,515 39,325 0.20%
Unknown issuer (CUSIP: 87975E776) $2,594,482 85,401 0.16%
FHEQ $2,306,450 70,041 0.14%
AVEM $2,276,547 23,594 0.14%
AGO $2,116,144 26,399 0.13%
ITUB $1,986,474 243,143 0.12%
KOID $1,892,204 45,905 0.12%
JBND $1,748,096 32,675 0.11%
SPG $1,637,565 7,322 0.10%
ALAI $1,581,380 34,649 0.10%
ELV $1,344,988 3,478 0.08%
BBD $1,304,071 375,813 0.08%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
AAPL Bought more +31K +$13.8M
NVDA Bought more +50K +$13.1M
SPYM Bought more +51K +$11.5M
SPYG Bought more +65K +$10.0M
SPYV Bought more +103K +$9.4M
SPDW Bought more +137K +$9.2M
MU Bought more +417 +$8.9M
AMZN Bought more +20K +$6.2M
IWY Trimmed -1K +$6.0M
CAT Bought more +3K +$5.9M

1 position 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
BSCP Dec. 31, 2025 1,160,062 $24,001,689 No longer tracked
FXF June 30, 2026 45,974 $5,075,989
IBDQ Dec. 31, 2025 197,873 $4,984,417
E June 30, 2026 74,288 $4,205,444 16.6%
BXMX March 31, 2026 246,917 $3,629,685 No longer tracked
EWJ Dec. 31, 2025 39,276 $3,150,357 23.0%
BABA March 31, 2026 18,578 $2,723,236 -11.7%
TD March 31, 2026 28,158 $2,652,484 25.5%
BSMP Dec. 31, 2025 105,932 $2,597,976 No longer tracked
CEW Sept. 30, 2025 134,229 $2,509,706
SPOT June 30, 2025 4,373 $2,405,281 -37.0%
EWS March 31, 2026 83,933 $2,308,997 17.9%
TDG Dec. 31, 2025 1,364 $1,797,779 -17.8%
EWG Sept. 30, 2025 41,339 $1,749,053
IGV Dec. 31, 2025 13,918 $1,600,709 3.8%
FXY Sept. 30, 2025 24,838 $1,588,142
BSCZ June 30, 2026 70,144 $1,439,355
COIN Dec. 31, 2025 4,043 $1,364,472 -16.8%
PYPL June 30, 2025 20,450 $1,334,363 -26.8%
EPP March 31, 2026 26,187 $1,321,658
SPOT Dec. 31, 2025 1,828 $1,275,944 -16.8%
DOCU Dec. 31, 2025 16,249 $1,171,390 2.4%
ETHE June 30, 2026 68,596 $1,170,934 70.3%
PAA Sept. 30, 2025 63,357 $1,160,700 40.2%
MELI Dec. 31, 2025 434 $1,014,232 -7.6%
KWEB March 31, 2026 25,841 $879,895
IBDW June 30, 2026 37,189 $778,371
HES Sept. 30, 2025 5,463 $756,844 No longer tracked
SWTX Sept. 30, 2025 16,044 $753,908 No longer tracked
IAGG March 31, 2026 12,788 $639,528
CTRA June 30, 2026 17,055 $599,324 No longer tracked
MTZ Sept. 30, 2025 3,479 $592,926 3.1%
JEPI June 30, 2025 9,947 $568,368
FISV Dec. 31, 2025 3,615 $466,082 -31.3%
FNX June 30, 2026 3,621 $464,336
SLF Sept. 30, 2025 6,877 $456,947 31.0%
EVTR June 30, 2026 8,905 $451,929 -5.1%
SRLN June 30, 2025 10,462 $430,302
AB Sept. 30, 2025 10,495 $428,511 -8.3%
TPL June 30, 2026 896 $425,216 -21.2%
STT March 31, 2026 3,213 $414,446 39.4%
BSJU June 30, 2026 15,775 $403,682
XSMO June 30, 2025 6,246 $391,917
IBHE Dec. 31, 2025 15,773 $366,249
OGE Dec. 31, 2025 7,555 $349,570 5.3%
BOW March 31, 2026 11,945 $340,900 50.9%
DHR March 31, 2026 1,443 $330,232 16.7%
NOW March 31, 2026 2,155 $330,117 30.2%
IXG Dec. 31, 2025 2,713 $316,578
CLOI June 30, 2025 5,934 $313,553
MYCI June 30, 2026 12,406 $308,635
O March 31, 2026 5,466 $308,128 -12.1%
FYX June 30, 2026 2,536 $302,689
FBTC March 31, 2026 3,925 $299,175
BKGI June 30, 2026 6,648 $296,102
IBTF Dec. 31, 2025 12,304 $287,483 No longer tracked
ICE March 31, 2026 1,773 $287,136 -3.3%
SPGI March 31, 2026 547 $285,867 -8.1%
KTOS June 30, 2026 4,038 $284,719 -15.7%
BGT Dec. 31, 2025 23,208 $281,977 -9.4%
IBMN Dec. 31, 2025 10,468 $280,438
SW Dec. 31, 2025 6,568 $279,615 9.7%
CI Sept. 30, 2025 842 $278,209 -5.9%
IBIT June 30, 2026 7,183 $275,971
HDEF June 30, 2026 8,511 $275,842
ACN June 30, 2026 1,378 $273,250 56.7%
HACK June 30, 2025 3,764 $270,255
DELL March 31, 2026 2,118 $266,675 236.5%
EELV June 30, 2026 9,488 $266,422
XMMO June 30, 2025 2,334 $265,528
SFM Sept. 30, 2025 1,600 $263,424 -41.1%
CLX June 30, 2025 1,742 $256,540 -31.7%
GEHC June 30, 2025 3,106 $250,683 -11.2%
MYCH June 30, 2026 10,006 $249,700
AQST March 31, 2026 38,515 $248,807 10.1%
WTRG June 30, 2025 6,267 $247,734 4.1%
BSX June 30, 2026 3,909 $245,290 -0.7%
CARR Sept. 30, 2025 3,351 $245,225 -6.6%
KMB Dec. 31, 2025 1,964 $244,204 -5.4%
UL (filed as ULXXXX) Dec. 31, 2025 4,095 $242,772 -8.3%
TLT June 30, 2026 2,786 $241,550
BIDD March 31, 2026 8,376 $241,403
FDS Sept. 30, 2025 536 $239,742 -3.5%
USTB June 30, 2026 4,699 $237,696
ALGN Sept. 30, 2025 1,243 $235,337 12.3%
DVY March 31, 2026 1,640 $231,448
PGR March 31, 2026 1,010 $229,995 7.3%
XT Sept. 30, 2025 3,470 $226,418
SMCI Sept. 30, 2025 4,600 $225,446 -9.9%
TGT Sept. 30, 2025 2,281 $225,047 70.6%
TSN June 30, 2026 3,510 $224,886 -9.7%
GWW March 31, 2026 219 $221,073 18.0%
MRSH Sept. 30, 2025 1,009 $220,675 -15.4%
SUN June 30, 2025 3,799 $220,566 No longer tracked
REGN June 30, 2026 285 $220,510 16.5%
VXUS Sept. 30, 2025 3,191 $220,442
HACK June 30, 2026 2,923 $219,496
URNM March 31, 2026 3,975 $218,191 -24.1%
NXPI Dec. 31, 2025 958 $218,178 11.5%
UPS Sept. 30, 2025 2,153 $217,281 11.5%
SNPS March 31, 2026 460 $216,127 23.2%
ARKK March 31, 2026 2,807 $215,904
MUB Dec. 31, 2025 2,020 $215,110
GEHC March 31, 2026 2,617 $214,686 -7.6%
GPC June 30, 2025 1,795 $213,803 4.1%
WPC June 30, 2026 3,143 $213,589 -10.6%
SNY June 30, 2025 3,851 $213,576 -18.2%
AZO June 30, 2025 56 $213,516 -24.4%
FDX June 30, 2025 874 $213,134 27.2%
SCHP March 31, 2026 8,039 $212,953 -5.0%
FTEC March 31, 2026 936 $210,270
SEIV March 31, 2026 5,029 $208,704
ARLP June 30, 2025 7,650 $208,692 -5.4%
UCON March 31, 2026 8,247 $207,586
WSM March 31, 2026 1,161 $207,261 30.9%
VHT June 30, 2025 782 $207,011
VXF Sept. 30, 2025 1,074 $206,915 13.3%
NTES March 31, 2026 1,497 $206,017 6.6%
AZO Dec. 31, 2025 48 $205,932 -17.2%
SEIM Dec. 31, 2025 4,527 $205,526
ARLP June 30, 2026 7,430 $205,440 3.2%
SPIB March 31, 2026 6,062 $204,956
NVR March 31, 2026 28 $204,416 -9.4%
EOS Dec. 31, 2025 8,503 $203,465 -8.5%
SPOT June 30, 2026 418 $202,692 5.2%
UGI June 30, 2026 5,546 $201,975 6.5%
ALSN Sept. 30, 2025 2,124 $201,759 36.4%
ITB March 31, 2026 2,091 $201,390
VRTX Dec. 31, 2025 514 $201,236 11.1%
URI March 31, 2026 248 $201,037 47.5%
SNY June 30, 2026 4,162 $200,525 -7.4%
EOG Dec. 31, 2025 1,787 $200,358 37.2%
DNLI Dec. 31, 2025 12,478 $181,181 18.6%
FSSL March 31, 2026 11,917 $168,508 -5.8%
ACHR Sept. 30, 2025 10,692 $116,008 -50.4%
MPT June 30, 2025 11,368 $68,549 -23.1%