Sector breakdown

04
Technology 12.8%
Communication Services 5.8%
Financials 4.2%
Industrials 4.2%
Healthcare 4.1%
Retail 2.7%
Energy 1.2%
Consumer Staples 0.9%
Consumer products 0.5%
Utilities 0.5%
Consumer Discretionary 0.4%
Materials 0.2%
Real Estate 0.1%
Other/Unmapped 62.4%

Full portfolio 197 positions

05
Type Streak 8Q trend
SCHX SCHWAB STRATEGIC TRUST $45,893,519 8.78% 1,559,413 $5,899,176 Down ×1
VSLU Applied Finance Valuation Large Cap ETF $33,133,704 6.34% 716,462 $3,616,540 Up ×3
SCHD SCHWAB STRATEGIC TRUST $29,774,817 5.69% 938,972 $950,463 Down ×2
GOOGL Alphabet Inc. - Class A Common Stock $17,322,452 3.31% 48,472 $2,997,842 Down ×6
DFAE Dimensional ETF Trust $16,583,821 3.17% 412,430 $2,715,868 Up ×5
AAPL Apple Inc. - Common Stock $16,348,082 3.13% 56,497 $1,794,916 Down ×6
UITB VictoryShares Core Intermediate Bond ETF $15,858,974 3.03% 338,592 $-6,411,735 Down ×2
SGOL abrdn Physical Gold Shares ETF $12,299,405 2.35% 321,721 $-2,459,642 Down ×6
NVDA NVIDIA Corporation - Common Stock $11,222,014 2.15% 56,085 $1,288,473 Down ×1
JCPB JPMorgan Core Plus Bond ETF $10,051,413 1.92% 214,133 $8,730,348 Up ×1
MSFT Microsoft Corporation - Common Stock $10,000,808 1.91% 26,810 $816 Down ×1
SCHF SCHWAB STRATEGIC TRUST $9,708,641 1.86% 350,492 $1,207,761 Up ×3
JHMM John Hancock Multifactor Mid Cap ETF $8,973,294 1.72% 119,708 $1,149,803 Up ×4
FPE First Trust Preferred Securities and Income ETF ETF $8,564,253 1.64% 478,985 $403,039 Up ×6
AVGO Broadcom Inc. - Common Stock $8,259,216 1.58% 21,864 $1,153,854 Down ×6
GSIE Goldman Sachs ActiveBeta International Equity ETF $8,126,116 1.55% 177,814 $512,298 Up ×1
VOO Vanguard S&P 500 ETF $8,113,181 1.55% 11,813 $765,789 Down ×5
MUNI PIMCO ETF Trust $7,327,256 1.40% 139,301 $706,640 Up ×4
AMZN Amazon.com, Inc. - Common Stock $7,166,107 1.37% 30,067 $949,718 Up ×6
SCHG SCHWAB STRATEGIC TRUST $7,062,050 1.35% 208,689 $768,941 Down ×6
JMUB JPMorgan Municipal ETF $6,939,791 1.33% 137,001 $399,423 Up ×6
DFAI Dimensional ETF Trust $6,182,397 1.18% 149,876 $757,037 Up ×6
IJH iShares Trust $5,930,586 1.13% 76,911 $661,791 Down ×1
JPM JP Morgan Chase & Co. Common Stock $5,899,649 1.13% 18,024 $525,650 Down ×6
PWR Quanta Services, Inc. Common Stock $5,669,751 1.08% 7,874 $1,119,384 Down ×2
SCHM SCHWAB STRATEGIC TRUST $5,513,262 1.05% 149,532 $870,393 Down ×2
JNJ Johnson & Johnson Common Stock $5,393,248 1.03% 21,236 $170,949 Down ×2
SCHV SCHWAB STRATEGIC TRUST $5,024,146 0.96% 144,331 $571,079 Down ×6
PANW Palo Alto Networks, Inc. - Common Stock $4,714,943 0.90% 13,826 $2,495,954 Down ×2
VO Vanguard Morningstar Mid-Cap ETF $4,680,893 0.90% 58,097 $487,261 Up ×1
VEU Vanguard FTSE All World Ex US ETF $4,589,707 0.88% 54,802 $618,603 Up ×2
SCHA SCHWAB STRATEGIC TRUST $4,573,274 0.87% 126,578 $892,052 Down ×6
GOOG Alphabet Inc. - Class C Capital Stock $4,449,573 0.85% 12,593 $769,672 Down ×6
IBDU iShares Trust $4,323,479 0.83% 186,679 $77,199 Up ×4
RTX RTX Corporation Common Stock $3,816,014 0.73% 20,113 $-137,761 Down ×2
IJR iShares Trust $3,791,235 0.73% 25,563 $575,496 Down ×1
MRK Merck & Company, Inc. Common Stock (new) $3,692,892 0.71% 28,738 $228,274 Down ×6
CSCO Cisco Systems, Inc. - Common Stock $3,631,316 0.69% 30,915 $1,210,812 Down ×2
AMAT Applied Materials, Inc. - Common Stock $3,581,914 0.69% 4,954 $1,886,701 Down ×1
SPY SPY $3,375,903 0.65% 4,521 $416,802 Down ×4
GLD SPDR Gold Shares $3,341,207 0.64% 9,070 $-695,343 Down ×2
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $3,247,531 0.62% 6,490 $-67,575 Down ×1
BAC Bank of America Corporation Common Stock $3,111,763 0.60% 54,612 $447,124 Down ×2
KLAC KLA Corporation - Common Stock $3,069,336 0.59% 10,173 $1,468,452 Up ×1
VTEB Vanguard Tax-Exempt Bond ETF $2,990,021 0.57% 59,115 $74,240 Up ×2
META Meta Platforms, Inc. - Class A Common Stock $2,859,024 0.55% 5,076 $-67,012 Down ×1
NOBL ProShares Trust $2,788,894 0.53% 49,660 $29,689 Up ×1
AMGN Amgen Inc. - Common Stock $2,745,466 0.53% 7,582 $62,783 Down ×2
CVX Chevron Corporation Common Stock $2,567,402 0.49% 15,489 $-651,034 Down ×2
PG Procter & Gamble Company (The) Common Stock $2,537,533 0.49% 17,305 $18,056 Down ×6
PYLD PIMCO Multisector Bond Active Exchange-Traded Fund $2,517,430 0.48% 94,926 $148,151 Up ×2
IBM International Business Machines Corporation Common Stock $2,449,962 0.47% 8,712 $323,744 Down ×2
LOW Lowe's Companies, Inc. Common Stock $2,327,897 0.45% 10,558 $-181,108 Down ×2
UNP Union Pacific Corporation Common Stock $2,167,227 0.41% 7,968 $223,206 Down ×1
LHX L3Harris Technologies, Inc. Common Stock $2,063,599 0.39% 7,101 $-458,382 Down ×2
SCHB SCHWAB STRATEGIC TRUST $2,022,142 0.39% 69,825 $265,802 Down ×2
PEP PepsiCo, Inc. - Common Stock $1,954,072 0.37% 14,432 $-305,776 Down ×2
XLK SELECT SECTOR SPDR TRUST $1,928,259 0.37% 10,121 $583,364 Up ×5
NEE NextEra Energy, Inc. Common Stock $1,698,490 0.32% 19,352 $-32,149 Up ×4
SDY SPDR SERIES TRUST $1,688,417 0.32% 11,095 $-292,263 Down ×6
JHSC John Hancock Multifactor Small Cap ETF $1,659,481 0.32% 34,174 $185,749 Down ×4
V Visa Inc. $1,638,514 0.31% 4,776 $182,429 Down ×2
EMR Emerson Electric Company Common Stock $1,541,869 0.29% 10,771 $130,653
XOM Exxon Mobil Corporation Common Stock $1,520,993 0.29% 11,125 $-575,824 Down ×2
MA Mastercard Incorporated Common Stock $1,513,312 0.29% 2,946 $54,270 Up ×3
HD Home Depot, Inc. (The) Common Stock $1,497,011 0.29% 4,245 $101,067 Up ×1
XBI SPDR SERIES TRUST $1,341,541 0.26% 8,477 $251,069 Down ×2
IVV iShares Trust $1,335,271 0.26% 1,783 $170,598
QCOM QUALCOMM Incorporated - Common Stock $1,325,848 0.25% 7,175 $399,482 Down ×4
CFG Citizens Financial Group, Inc. Common Stock $1,284,666 0.25% 18,334 $179,739 Down ×6
MCD McDonald's Corporation Common Stock $1,282,141 0.25% 4,743 $-205,938 Down ×1
ADP Automatic Data Processing, Inc. - Common Stock $1,280,546 0.24% 5,718 $118,763
LLY Eli Lilly and Company Common Stock $1,251,103 0.24% 1,043 $299,084 Up ×2
CWI SPDR INDEX SHARES FUNDS $1,244,632 0.24% 30,603 $102,596 Down ×5
GE GE Aerospace Common Stock $1,194,980 0.23% 3,197 $303,370 Up ×1
IEFA iShares Core MSCI EAFE ETF $1,187,837 0.23% 12,299 $74,409
KO Coca-Cola Company (The) Common Stock $1,144,430 0.22% 14,082 $73,751 Up ×1
CIBR First Trust NASDAQ Cybersecurity ETF $1,136,757 0.22% 12,652 $388,869 Up ×4
TMO Thermo Fisher Scientific Inc Common Stock $1,125,793 0.22% 2,245 $-66,343 Down ×1
IBDW iShares iBonds Dec 2031 Term Corporate ETF $1,119,061 0.21% 53,698 $87,253 Up ×6
GS Goldman Sachs Group, Inc. (The) Common Stock $1,117,446 0.21% 1,105 $167,886 Down ×2
VZ Verizon Communications Inc. Common Stock $1,104,997 0.21% 26,098 $-270,486 Down ×6
CVS CVS Health Corporation Common Stock $1,078,400 0.21% 10,424 $327,938 Down ×2
VIG Vanguard Div Appreciation ETF $1,054,302 0.20% 4,456 $98,688 Up ×1
ABBV AbbVie Inc. Common Stock $1,043,598 0.20% 4,147 $117,712 Down ×2
STT State Street Corporation Common Stock $1,005,389 0.19% 5,928 $255,141
GEV GE Vernova Inc. Common Stock $1,002,156 0.19% 853 $291,615 Up ×1
BMY Bristol-Myers Squibb Company Common Stock $999,367 0.19% 17,344 $-60,596 Down ×2
IBMP iShares iBonds Dec 2027 Term Muni Bond ETF $998,116 0.19% 39,265 $75,534 Up ×1
VUG Vanguard Morningstar Growth ETF $988,737 0.19% 11,478 $122,472 Up ×1
ORCL Oracle Corporation Common Stock $981,174 0.19% 6,695 $-17,842 Down ×1
WMT Walmart Inc. - Common Stock $970,873 0.19% 8,572 $-112,179 Down ×5
VNQ Vanguard Real Estate ETF $962,011 0.18% 9,976 $48,404 Down ×1
ILDR First Trust Innovation Leaders ETF $930,853 0.18% 23,719 $260,803 Up ×3
IBMS iShares iBonds Dec 2030 Term Muni Bond ETF $928,155 0.18% 35,878 $2,052 Up ×3
MDT Medtronic plc. Ordinary Shares $906,764 0.17% 11,591 $-137,195 Down ×2
TJX TJX Companies, Inc. (The) Common Stock $890,833 0.17% 5,880 $-67,344 Down ×2
INTC Intel Corporation - Common Stock $881,496 0.17% 6,313 $582,692 Down ×1
IVSS Applied Finance IVS US SMID ETF $852,925 0.16% 28,504 $133,628 Up ×1
PBE Invesco Exchange-Traded Fund Trust $840,007 0.16% 9,370 $82,254 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
VSLU $33,133,704 6.34% up ×3
DFAE $16,583,821 3.17% up ×5
SCHF $9,708,641 1.86% up ×3
JHMM $8,973,294 1.72% up ×4
FPE $8,564,253 1.64% up ×6
MUNI $7,327,256 1.40% up ×4
AMZN $7,166,107 1.37% up ×6
JMUB $6,939,791 1.33% up ×6
DFAI $6,182,397 1.18% up ×6
IBDU $4,323,479 0.83% up ×4
XLK $1,928,259 0.37% up ×5
NEE $1,698,490 0.32% up ×4
MA $1,513,312 0.29% up ×3
CIBR $1,136,757 0.22% up ×4
IBDW $1,119,061 0.21% up ×6

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
Unknown issuer (CUSIP: 32008F606) $682,620 8,043 0.13%
AMD $395,019 680 0.08%
JCI $344,820 2,360 0.07%
HPE $323,664 7,175 0.06%
GLW $318,521 1,247 0.06%
CAT $297,107 279 0.06%
ASML $256,640 129 0.05%
AIQ $253,885 3,870 0.05%
Q $249,374 1,527 0.05%
SMH $223,003 340 0.04%
KEYS $217,393 621 0.04%
EME $200,831 242 0.04%
D $200,431 2,935 0.04%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
UITB Trimmed -135K -$6.4M
SCHX Trimmed -429 +$5.9M
VSLU Bought more +10K +$3.6M
GOOGL Trimmed -1K +$3.0M
DFAE Bought more +3K +$2.7M
PANW Trimmed -15 +$2.5M
SGOL Trimmed -9K -$2.5M
AMAT Trimmed -6 +$1.9M
AAPL Trimmed -846 +$1.8M
KLAC Bought more +9K +$1.5M

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
TDVG June 30, 2026 28,188 $1,258,035
BRK-A (filed as BRKA) June 30, 2026 1 $718,140 No longer tracked
MUB June 30, 2025 5,124 $540,302
IBMN Sept. 30, 2025 17,280 $462,480
IBDQ Sept. 30, 2025 17,768 $447,408
ADBE March 31, 2026 1,185 $414,738 -2.0%
SOFI Sept. 30, 2025 20,118 $366,349 -40.3%
TGT Sept. 30, 2025 3,531 $348,327 72.1%
AVUV June 30, 2026 3,150 $347,981
PYPL March 31, 2026 5,706 $333,130 20.7%
COF March 31, 2026 1,327 $321,612 7.3%
LKQ Sept. 30, 2025 8,323 $308,021 -26.7%
SPLV June 30, 2025 4,028 $300,999
TEL June 30, 2026 1,431 $299,108 8.9%
CARR Dec. 31, 2025 4,680 $279,396 6.2%
JCI March 31, 2026 2,300 $275,425 21.2%
INTU June 30, 2026 620 $268,076 11.0%
VDC June 30, 2026 1,182 $265,465
CI Dec. 31, 2025 917 $264,325 -0.3%
UL (filed as ULXXXX) Dec. 31, 2025 4,217 $249,984 -7.0%
UBER Sept. 30, 2025 2,494 $232,690 -29.5%
NKE June 30, 2026 4,373 $231,001 -15.7%
WYNN Sept. 30, 2025 2,466 $230,990 -40.3%
ALL March 31, 2026 1,080 $224,802 8.2%
TSM June 30, 2025 1,291 $214,306 112.9%
PAYX Sept. 30, 2025 1,400 $203,644 -20.3%
CTVA Sept. 30, 2025 2,726 $203,169 -79.4%
VWO June 30, 2026 3,750 $202,682 1.6%
PPG Dec. 31, 2025 1,920 $201,811 4.0%
DD March 31, 2026 5,015 $201,603 191.0%
TT Dec. 31, 2025 475 $200,431 22.4%
SHOP June 30, 2025 2,070 $197,644 42.6%
REGN June 30, 2025 287 $182,057 40.7%
SKIN Sept. 30, 2025 91,144 $174,085 -70.6%
D June 30, 2025 2,900 $162,603 9.7%
MLCO Sept. 30, 2025 15,566 $112,542 -53.8%
GPN June 30, 2025 916 $89,664 2.2%
SNDL Sept. 30, 2025 64,420 $77,948 -54.1%
STZ June 30, 2025 300 $55,056 -28.9%
NIO Sept. 30, 2025 12,023 $41,239 -54.3%
ZYXIQ Sept. 30, 2025 11,215 $28,935 No longer tracked
CLSD Sept. 30, 2025 30,123 $24,098 No longer tracked
BRTX Sept. 30, 2025 11,522 $19,191 -92.2%
ONCY Sept. 30, 2025 22,915 $17,713 -57.3%
JFIN June 30, 2025 1,000 $13,740 -91.6%
TLRY Sept. 30, 2025 26,150 $10,837 118.5%
ADAPY Sept. 30, 2025 27,957 $6,701 No longer tracked
OVID Sept. 30, 2025 16,522 $5,451 82.3%