Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +17.9%
S&P 500 total return (same window) +37.0%
Excess return -19.2%

Annualized: +14.1% · 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: 100.0% · Options excluded: 0.0%

Sector breakdown

04
Communication Services 49.3%
Consumer Discretionary 17.4%
Financials 14.6%
Retail 11.4%
Technology 7.2%
Healthcare 0.0%

Full portfolio 16 positions

05
Type Streak 8Q trend
META Meta Platforms, Inc. - Class A Common Stock $5,443,867,762 32.86% 9,664,414 $-161,526,710 Down ×1
HOOD Robinhood Markets, Inc. - Class A Common Stock $2,422,650,481 14.62% 24,158,860 $748,441,483
GOOGL Alphabet Inc. - Class A Common Stock $2,218,222,035 13.39% 6,207,074 $433,315,836
TSLA Tesla, Inc. - Common Stock $1,584,024,184 9.56% 3,766,106 $183,974,278
AMZN Amazon.com, Inc. - Common Stock $1,570,438,944 9.48% 6,589,070 $198,133,335
DASH DoorDash, Inc. - Common Stock $1,304,313,214 7.87% 7,068,299 $243,008,119
SHOP Shopify Inc. - Class A Subordinate Voting Shares $722,194,209 4.36% 6,325,050 $-28,083,222
NFLX Netflix, Inc. - Common Stock $478,895,508 2.89% 6,707,220 $-166,003,695
MSFT Microsoft Corporation - Common Stock $391,791,112 2.36% 1,050,322 $2,993,417
JD JD.com, Inc. - American Depositary Shares $297,952,673 1.80% 11,693,590 $-47,826,783
AAPL Apple Inc. - Common Stock $72,043,406 0.43% 248,975 $8,856,041
GOOG Alphabet Inc. - Class C Capital Stock $32,061,164 0.19% 90,740 $6,031,488
BABA Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share $25,900,971 0.16% 269,858 $-7,955,414
COIN Coinbase Global, Inc. - 3Class A Common Stock $2,011,136 0.01% 13,757 $-390,974
CHYM Chime Financial, Inc. - Class A Common Stock $663,060 0.00% 32,376 Up ×1
MRNA Moderna, Inc. - Common Stock $423,892 0.00% 6,053 $116,400

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
CHYM $663,060 32,376 0.00%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
HOOD Price move only +0 +$748.4M
GOOGL Price move only +0 +$433.3M
DASH Price move only +0 +$243.0M
AMZN Price move only +0 +$198.1M
TSLA Price move only +0 +$184.0M
NFLX Price move only +0 -$166.0M
META Trimmed -133K -$161.5M
JD Price move only +0 -$47.8M
SHOP Price move only +0 -$28.1M
AAPL Price move only +0 +$8.9M

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
SCHW June 30, 2026 3,196,166 $300,375,681 4.8%
ZM Sept. 30, 2025 3,760,588 $293,250,652 12.6%
WDAY March 31, 2026 1,363,667 $292,888,398 43.3%
DOCU March 31, 2026 2,922,708 $199,913,227 45.6%
FRSH Dec. 31, 2025 459,619 $5,409,716 4.3%
CVNA Dec. 31, 2025 13,985 $5,275,701 -84.9%
PDD Dec. 31, 2025 12,050 $1,592,649 -33.5%
PCOR Dec. 31, 2025 19,045 $1,388,761 -30.0%
TTAN Dec. 31, 2025 11,013 $1,110,441 -37.0%
DDOG Dec. 31, 2025 6,703 $954,507 103.9%
GTLB Dec. 31, 2025 17,214 $776,007 32.6%
BRZE Dec. 31, 2025 23,294 $662,481 -25.9%