Sector breakdown

04
Technology 19.7%
Financials 1.8%
Retail 0.8%
Healthcare 0.8%
Communication Services 0.4%
Industrials 0.2%
Energy 0.1%
Other/Unmapped 76.2%

Full portfolio 91 positions

05
Type Streak 8Q trend
VTI VANGUARD INDEX FUNDS $39,678,141 15.49% 107,227 $4,900,351 Down ×2
MSFT Microsoft Corporation - Common Stock $19,414,667 7.58% 52,047 $1,564,101 Up ×3
DFAI Dimensional ETF Trust $15,946,384 6.22% 386,579 $2,986,512 Up ×3
AVUS AMERICAN CENTURY ETF TRUST $14,145,547 5.52% 110,443 $1,116,444 Down ×2
AAPL Apple Inc. - Common Stock $11,776,129 4.60% 40,697 $807,138 Down ×2
QQQ Invesco QQQ Trust, Series 1 $10,604,543 4.14% 14,401 $2,345,374 Up ×1
TFLR T. Rowe Price Exchange-Traded Funds, Inc. $9,234,693 3.60% 183,192 $615,525 Up ×2
OKTA Okta, Inc. - Class A Common Stock $9,231,798 3.60% 67,657 $431,705 Down ×1
DFAU Dimensional ETF Trust $8,881,846 3.47% 171,829 $1,346,803 Up ×2
SPY SPY $7,473,878 2.92% 10,008 $1,105,928 Up ×3
SCZ iShares MSCI EAFE Small-Cap ETF $5,992,880 2.34% 72,844 $410,429 Up ×3
DVY iShares Select Dividend ETF $4,305,468 1.68% 27,546 $176,014 Up ×2
BFEB Innovator U.S. Equity Buffer ETF - February $3,814,973 1.49% 72,470 $300,029 Down ×1
BAPR Innovator U.S. Equity Buffer ETF - April $3,639,149 1.42% 68,328 $-221,846 Down ×2
AMAT Applied Materials, Inc. - Common Stock $3,427,743 1.34% 4,741 $1,773,138 Down ×2
BDEC Innovator U.S. Equity Buffer ETF - December $3,396,501 1.33% 63,841 $219,760 Down ×2
VNQ VANGUARD SPECIALIZED FUNDS $3,302,471 1.29% 34,247 $269,012 Up ×2
VYMI Vanguard International High Dividend Yield ETF $3,259,681 1.27% 33,194 $2,309,369 Up ×1
VDE VANGUARD WORLD FUND $3,227,157 1.26% 21,496 $-485,644 Up ×2
AMD Advanced Micro Devices, Inc. - Common Stock $3,131,686 1.22% 5,391 $1,933,280 Down ×2
VO VANGUARD INDEX FUNDS $2,985,256 1.17% 37,052 $-26,164 Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $2,867,326 1.12% 5,730 $121,422
BNOV Innovator U.S. Equity Buffer ETF - November $2,816,726 1.10% 58,915 $280,950 Down ×2
IQLT iShares Trust $2,755,553 1.08% 55,612 $85,831 Down ×2
VYM VANGUARD WHITEHALL FUNDS $2,651,269 1.03% 16,777 $109,132 Down ×1
SPYM State Street SPDR Portfolio S&P 500 ETF $2,606,169 1.02% 29,656 $331,562 Down ×2
NVDA NVIDIA Corporation - Common Stock $2,588,088 1.01% 12,935 $166,565 Down ×2
VOO VANGUARD INDEX FUNDS $2,485,513 0.97% 3,619 $-2,664,127 Down ×1
BJAN Innovator U.S. Equity Buffer ETF - January $2,466,300 0.96% 41,894 $224,573 Down ×1
IVV iShares Trust $2,251,590 0.88% 3,007 $310,465 Up ×1
BMAR Innovator U.S. Equity Buffer ETF - March $2,215,082 0.86% 38,438 $-123,696 Down ×2
BJUL Innovator U.S. Equity Buffer ETF - July $2,159,094 0.84% 39,755 $-163,961 Down ×2
IJAN Innovator International Developed Power Buffer ETF January $2,156,427 0.84% 56,629 $101,891 Down ×1
SCHD SCHWAB STRATEGIC TRUST $2,152,782 0.84% 67,890 $297,516 Up ×1
AMJB Alerian MLP Index ETN $2,141,275 0.84% 62,084 $-6,352 Down ×1
NJAN Innovator Growth-100 Power Buffer ETF - January $2,124,720 0.83% 36,000 $203,400
ITOT iShares Trust $2,018,385 0.79% 12,287 $268,348
AMZN Amazon.com, Inc. - Common Stock $1,863,217 0.73% 7,817 $1,545,923 Up ×1
VWO VANGUARD INTERNATIONAL EQUITY INDEX FUNDS $1,626,913 0.64% 27,256 $294,751 Up ×2
BSEP Innovator U.S. Equity Buffer ETF - September $1,244,955 0.49% 23,610 $109,704
ESGV VANGUARD WORLD FUND $1,149,959 0.45% 8,696 $173,659
IYH iShares Trust $1,072,160 0.42% 16,000 $-37,360 Down ×2
JNJ Johnson & Johnson Common Stock $1,072,007 0.42% 4,221 $40,226
BOCT Innovator U.S. Equity Buffer ETF - October $1,028,617 0.40% 19,400 $-110,350 Down ×2
EJAN Innovator Emerging Markets Power Buffer ETF January $971,564 0.38% 26,990 $55,793
BJUN Innovator U.S. Equity Buffer ETF - June $928,814 0.36% 19,080 $23,180 Down ×2
JPM JP Morgan Chase & Co. Common Stock $893,611 0.35% 2,730 $74,375 Down ×2
BND Vanguard Total Bond Market ETF $808,634 0.32% 11,015 $250,772 Up ×1
SCHF SCHWAB STRATEGIC TRUST $799,436 0.31% 28,861 $72,003 Down ×1
VGT VANGUARD WORLD FUND $715,539 0.28% 5,987 $193,660 Up ×1
IEFA iShares Trust $713,195 0.28% 7,385 $55,964 Up ×1
XLK SELECT SECTOR SPDR TRUST $677,845 0.26% 3,558 $188,297 Down ×2
VB VANGUARD INDEX FUNDS $633,851 0.25% 2,091 $86,686 Up ×1
IBB iShares Trust $616,216 0.24% 3,240 $69,142
BMAY Innovator U.S. Equity Buffer ETF - May $615,077 0.24% 12,990 $40,701 Up ×1
IWR iShares Trust $596,762 0.23% 5,409 $70,880
BSV VANGUARD BOND INDEX FUNDS $585,814 0.23% 7,519 $-231,221 Down ×3
VEA VANGUARD TAX-MANAGED FUNDS $571,858 0.22% 8,026 $-99,466 Down ×3
IJH iShares Trust $551,741 0.22% 7,155 $68,550
UNH UnitedHealth Group Incorporated Common Stock (DE) $508,315 0.20% 1,223 $33,700 Down ×1
DFUS Dimensional ETF Trust $503,445 0.20% 6,144 Up ×1
PJAN Innovator U.S. Equity Power Buffer ETF - January $494,900 0.19% 10,000 $33,600
VV VANGUARD INDEX FUNDS $478,217 0.19% 1,391 $62,657
A Agilent Technologies, Inc. Common Stock $466,366 0.18% 3,511 $66,182
VONG Vanguard Russell 1000 Growth ETF $442,498 0.17% 3,462 $58,494 Down ×2
KAPR Innovator U.S. Small Cap Power Buffer ETF - April $440,825 0.17% 11,076 $39,320
CAT Caterpillar, Inc. Common Stock $428,090 0.17% 402 $143,289
GOOGL Alphabet Inc. - Class A Common Stock $419,893 0.16% 1,175 $81,467 Down ×2
XLV SELECT SECTOR SPDR TRUST $391,210 0.15% 2,466 $30,753 Up ×2
VGSH Vanguard Short-Term Treasury ETF $391,082 0.15% 6,720 $-277,400 Down ×2
VIG VANGUARD SPECIALIZED FUNDS $374,965 0.15% 1,585 $34,238 Up ×1
VBR VANGUARD INDEX FUNDS $365,367 0.14% 1,504 $39,471 Up ×3
IEMG iShares, Inc. $350,657 0.14% 4,233 $-44,421 Down ×1
VUG VANGUARD INDEX FUNDS $348,768 0.14% 4,049 $54,000 Up ×1
TER Teradyne, Inc. - Common Stock $328,044 0.13% 678 $127,044
SOXX iShares Trust $313,211 0.12% 489 Up ×1
GS Goldman Sachs Group, Inc. (The) Common Stock $312,513 0.12% 309 $51,102
BAC Bank of America Corporation Common Stock $304,615 0.12% 5,346 $-21,328 Down ×1
EFG iShares Trust $304,456 0.12% 2,447 $31,934
XOM Exxon Mobil Corporation Common Stock $295,315 0.12% 2,160 $-71,151
HD Home Depot, Inc. (The) Common Stock $294,135 0.11% 834 $15,894 Down ×2
SPMD SPDR SERIES TRUST $285,644 0.11% 4,228 $35,262
INTC Intel Corporation - Common Stock $275,775 0.11% 1,975 Up ×1
BAUG Innovator U.S. Equity Buffer ETF - August $275,579 0.11% 5,140 $24,501
STGW Stagwell Inc. - Class A Common Stock $275,170 0.11% 37,035 $-290,930 Down ×2
TSM Taiwan Semiconductor Manufacturing Company Ltd. $267,439 0.10% 560 Up ×1
VXUS Vanguard Total International Stock ETF $260,840 0.10% 3,051 $24,617 Down ×2
PLBC Plumas Bancorp - Common Stock $247,380 0.10% 4,228 $41,244
IEI iShares 3-7 Year Treasury Bond ETF $246,175 0.10% 2,096 $-2,411
FLRN SPDR SERIES TRUST $215,950 0.08% 7,000 $490
META Meta Platforms, Inc. - Class A Common Stock $207,895 0.08% 369 $-17,562 Down ×2

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
MSFT $19,414,667 7.58% up ×3
DFAI $15,946,384 6.22% up ×3
SPY $7,473,878 2.92% up ×3
SCZ $5,992,880 2.34% up ×3
VBR $365,367 0.14% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
DFUS $503,445 6,144 0.20%
SOXX $313,211 489 0.12%
INTC $275,775 1,975 0.11%
TSM $267,439 560 0.10%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VTI Trimmed -1K +$4.9M
DFAI Bought more +54K +$3.0M
VOO Trimmed -5K -$2.7M
QQQ Bought more +91 +$2.3M
VYMI Bought more +23K +$2.3M
AMD Trimmed -500 +$1.9M
AMAT Trimmed -100 +$1.8M
MSFT Bought more +4K +$1.6M
DFAU Bought more +5K +$1.3M
AVUS Trimmed -7K +$1.1M

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
VCIT Dec. 31, 2025 248,946 $20,938,872
AVUS Sept. 30, 2025 138,935 $14,007,436
VCSH Dec. 31, 2025 165,923 $13,262,225
DFAC Dec. 31, 2025 325,976 $12,572,885
OKTA Sept. 30, 2025 110,367 $11,033,389 130.6%
DUHP Dec. 31, 2025 284,045 $10,728,375
DFSV Dec. 31, 2025 333,662 $10,623,810
DFEM Dec. 31, 2025 301,360 $9,664,603
SCHR Dec. 31, 2025 347,192 $8,724,925 -5.1%
QQQ Sept. 30, 2025 15,469 $8,533,246 24.0%
EFA Dec. 31, 2025 79,724 $7,443,861
DFAU Sept. 30, 2025 159,831 $6,770,427
IWF Dec. 31, 2025 13,155 $6,162,056 6.7%
VOO Sept. 30, 2025 8,615 $4,893,535
DIHP Dec. 31, 2025 148,801 $4,522,816
VEU Dec. 31, 2025 60,193 $4,295,972
VTIP Dec. 31, 2025 82,592 $4,181,637
BAPR Sept. 30, 2025 91,870 $4,151,403
DISV Dec. 31, 2025 114,395 $4,082,743
BRK-B (filed as BRKB) Sept. 30, 2025 8,209 $3,987,686 No longer tracked
DFIC Dec. 31, 2025 119,576 $3,920,882
IWD Dec. 31, 2025 18,811 $3,829,753
IWN Dec. 31, 2025 21,255 $3,758,143 17.8%
IWV Dec. 31, 2025 9,286 $3,518,837
BFEB Sept. 30, 2025 76,315 $3,407,465
BDEC Sept. 30, 2025 74,373 $3,358,685
ESGV Sept. 30, 2025 27,557 $3,021,367
AZN Dec. 31, 2025 38,411 $2,946,892 -14.7%
DVY Sept. 30, 2025 21,874 $2,905,140
VSS Dec. 31, 2025 20,322 $2,896,859
BJUL Sept. 30, 2025 60,420 $2,847,595
DFSD Dec. 31, 2025 57,733 $2,782,153
VDE Sept. 30, 2025 23,078 $2,748,999
BNOV Sept. 30, 2025 64,510 $2,661,308
IWO Dec. 31, 2025 8,129 $2,601,738
IQLT Sept. 30, 2025 59,711 $2,580,718
IWB Dec. 31, 2025 6,979 $2,550,685
IJR Dec. 31, 2025 21,457 $2,549,735 15.1%
DFSU Dec. 31, 2025 59,358 $2,521,080
STGW Sept. 30, 2025 555,029 $2,497,631 48.5%
DFUV Dec. 31, 2025 55,093 $2,462,108
BMAR Sept. 30, 2025 49,490 $2,427,014
TFLR Sept. 30, 2025 46,917 $2,412,919
SPYV Dec. 31, 2025 42,850 $2,370,891
IWM Dec. 31, 2025 9,668 $2,339,332 14.5%
BJAN Sept. 30, 2025 46,463 $2,333,586
VYM Sept. 30, 2025 17,165 $2,288,266
SPYM Sept. 30, 2025 30,999 $2,253,317 15.6%
SLYV Dec. 31, 2025 25,275 $2,240,629 14.3%
NJAN Sept. 30, 2025 39,000 $1,979,250
IJAN Sept. 30, 2025 56,630 $1,937,080
ITOT Sept. 30, 2025 12,287 $1,659,236 15.5%
SCHD Sept. 30, 2025 60,158 $1,594,197 21.6%
EFV Dec. 31, 2025 22,972 $1,558,225
DFAT Dec. 31, 2025 25,679 $1,494,763
IYH Sept. 30, 2025 24,750 $1,397,880 23.4%
DFIV Dec. 31, 2025 28,249 $1,302,849
AMAT Sept. 30, 2025 7,028 $1,286,616 163.8%
TIP Dec. 31, 2025 10,646 $1,184,035
BOCT Sept. 30, 2025 25,935 $1,178,746
DFAX Dec. 31, 2025 33,627 $1,055,215
BSEP Sept. 30, 2025 22,180 $1,001,746
W Sept. 30, 2025 19,302 $987,104 13.3%
AMD Sept. 30, 2025 6,819 $967,616 291.8%
DFEV Dec. 31, 2025 29,963 $955,528
BJUN Sept. 30, 2025 20,580 $900,581
EJAN Sept. 30, 2025 26,990 $864,727
VTV Dec. 31, 2025 4,509 $840,883
DFGR Dec. 31, 2025 28,078 $766,818
SCHX Dec. 31, 2025 28,299 $745,396 12.9%
HD Sept. 30, 2025 1,967 $721,181 -30.2%
AJG Dec. 31, 2025 2,320 $718,597 -12.6%
IWP Dec. 31, 2025 5,017 $714,471 1.9%
SCHB March 31, 2026 25,257 $662,491 18.2%
IBB Sept. 30, 2025 5,140 $650,261 42.2%
SCHF Sept. 30, 2025 29,330 $648,199 19.9%
IVE Dec. 31, 2025 3,114 $643,072
XLK Sept. 30, 2025 2,467 $624,667 41.8%
AVUV Dec. 31, 2025 6,173 $614,399
SPDW Dec. 31, 2025 13,403 $573,514
BMAY Sept. 30, 2025 13,550 $571,810
SPEM Dec. 31, 2025 12,166 $569,491
DFSI Dec. 31, 2025 13,801 $565,149
IWR Sept. 30, 2025 5,718 $525,851 12.2%
DFLV Dec. 31, 2025 14,926 $491,065
MRK Dec. 31, 2025 5,739 $481,674 37.1%
PG Dec. 31, 2025 3,083 $473,687 1.1%
PJAN Sept. 30, 2025 10,205 $449,530
XLV Sept. 30, 2025 3,326 $448,371 19.4%
DIS Sept. 30, 2025 3,602 $446,635 -10.8%
IJH Sept. 30, 2025 7,140 $442,823 11.8%
AGG Dec. 31, 2025 4,222 $423,255
A Sept. 30, 2025 3,500 $413,035 30.7%
KAPR Sept. 30, 2025 12,731 $412,301
VONG Sept. 30, 2025 3,659 $399,589
VV Sept. 30, 2025 1,391 $396,718
SDY March 31, 2026 2,800 $389,648
SDY Sept. 30, 2025 2,800 $380,044
GOOG Sept. 30, 2025 1,969 $349,297 39.7%
IEMG Sept. 30, 2025 5,682 $341,061
AVGO March 31, 2026 965 $334,143 14.7%
VIG Sept. 30, 2025 1,606 $328,714
DCOR Dec. 31, 2025 4,472 $321,730
BAC Sept. 30, 2025 6,638 $314,110 4.2%
VGSH Sept. 30, 2025 5,236 $307,772
VOOG March 31, 2026 674 $299,579
DFAE Dec. 31, 2025 9,031 $284,743
XLP Sept. 30, 2025 3,506 $283,844 No longer tracked
CEG Dec. 31, 2025 847 $278,722 -27.1%
BIV Dec. 31, 2025 3,568 $278,624
EFG Sept. 30, 2025 2,447 $274,064
GSY Dec. 31, 2025 5,377 $270,109
VOOG Sept. 30, 2025 672 $266,512
VOE Dec. 31, 2025 1,524 $266,060
DFSE Dec. 31, 2025 6,350 $260,911
CSCO Dec. 31, 2025 3,804 $260,270 45.7%
IEI Sept. 30, 2025 2,096 $249,613
BX Dec. 31, 2025 1,452 $248,074 -27.5%
GOOG March 31, 2026 780 $244,756 18.6%
IWS Dec. 31, 2025 1,743 $243,445 15.7%
IJS Dec. 31, 2025 2,164 $239,317 14.7%
ITW Dec. 31, 2025 898 $234,162 6.7%
SPMD Sept. 30, 2025 4,228 $229,919
XLE Sept. 30, 2025 2,695 $228,587 40.6%
CRM March 31, 2026 860 $227,794 25.7%
CRM Sept. 30, 2025 827 $225,529 -1.0%
MUB Dec. 31, 2025 2,113 $224,964
AWI Dec. 31, 2025 1,134 $222,275 -14.6%
VXUS Sept. 30, 2025 3,204 $221,371
NFLX Sept. 30, 2025 164 $219,617 -94.4%
GLD March 31, 2026 552 $218,763
SLYG Dec. 31, 2025 2,311 $217,950 15.3%
NKE March 31, 2026 3,394 $216,232 -35.9%
GS Sept. 30, 2025 305 $215,864 13.3%
FLRN Sept. 30, 2025 7,000 $215,810
BNDX Dec. 31, 2025 4,215 $208,474
SUB Dec. 31, 2025 1,949 $208,114
IAU Dec. 31, 2025 2,812 $204,629 -4.0%
TTWO March 31, 2026 790 $202,264 2.6%
XLE June 30, 2026 3,265 $200,036 18.3%
TMC Dec. 31, 2025 20,000 $127,400 -38.6%
ORC March 31, 2026 10,000 $72,000 -27.3%
ORC Sept. 30, 2025 10,000 $70,100 -27.1%