Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +34.2%

Annualized: +26.5%

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: 97.9% · Options excluded: 0.0%

Sector breakdown

04
Technology 32.6%
Financials 13.3%
Communication Services 10.6%
Industrials 9.7%
Healthcare 9.5%
Retail 6.8%
Consumer Discretionary 4.0%
Real Estate 3.9%
Energy 2.9%
Materials 2.2%
Utilities 1.6%
Consumer Staples 1.3%
Consumer products 1.1%
Other/Unmapped 0.5%

Full portfolio 1,617 positions

05
Type Streak 8Q trend
NVDA NVIDIA Corporation - Common Stock $65,219,682,456 6.50% 325,951,734 $2,975,549,906
AAPL Apple Inc. - Common Stock $55,188,725,946 5.50% 190,726,866 $2,922,258,266
MSFT Microsoft Corporation - Common Stock $38,321,447,247 3.82% 102,732,956 $-12,343,184,125
AMZN Amazon.com, Inc. - Common Stock $33,502,405,342 3.34% 140,565,601 $633,670,811
GOOGL Alphabet Inc. - Class A Common Stock $28,922,460,851 2.88% 80,931,418 $-1,611,777,763
GOOG Alphabet Inc. - Class C Capital Stock $26,425,115,397 2.63% 74,788,768 $8,331,450,074
AVGO Broadcom Inc. - Common Stock $24,920,540,717 2.48% 65,970,988 $668,344,637
META Meta Platforms, Inc. - Class A Common Stock $18,434,737,191 1.84% 32,726,903 $-3,717,337,315
MU Micron Technology, Inc. - Common Stock $17,523,095,266 1.75% 15,180,843 $11,089,639,630
TSLA Tesla, Inc. - Common Stock $16,324,504,693 1.63% 38,812,422 $-803,595,537
LLY Eli Lilly and Company Common Stock $13,759,156,895 1.37% 11,471,413 $782,522,707
AMD Advanced Micro Devices, Inc. - Common Stock $13,570,737,265 1.35% 23,361,170 $8,641,425,111
JPM JP Morgan Chase & Co. Common Stock $11,823,921,297 1.18% 36,122,327 $427,424,905
INTC Intel Corporation - Common Stock $8,617,219,651 0.86% 61,714,672 $6,384,060,654
XOM Exxon Mobil Corporation Common Stock $8,339,878,027 0.83% 60,999,693 $714,814,680
AMAT Applied Materials, Inc. - Common Stock $8,174,084,724 0.81% 11,305,788 $5,315,541,780
JNJ Johnson & Johnson Common Stock $8,082,616,583 0.81% 31,825,084 $1,158,093,589
LRCX Lam Research Corporation - Common Stock $7,853,412,489 0.78% 18,123,399 $4,207,985,291
BRK-A (filed as BRKA) Berkshire Hathaway Inc. Class A $7,766,323,350 0.77% 10,371 $-14,155,050
WMT Walmart Inc. - Common Stock $6,503,834,199 0.65% 57,423,929 $45,304,920
CSCO Cisco Systems, Inc. - Common Stock $6,441,000,617 0.64% 54,835,694 $1,967,729,093
ABBV AbbVie Inc. Common Stock $6,430,543,942 0.64% 25,554,538 $565,488,741
AZN AstraZeneca PLC - American Depositary Shares $6,334,634,620 0.63% 33,864,172 Up ×1
COST Costco Wholesale Corporation - Common Stock $6,056,950,285 0.60% 6,474,767 $861,535,463
MA Mastercard Incorporated Common Stock $6,036,736,272 0.60% 11,753,770 $-668,971,491
KLAC KLA Corporation - Common Stock $5,903,063,257 0.59% 19,565,355 $2,916,646,923
V Visa Inc. $5,563,259,587 0.55% 16,215,161 $-314,477,985
UNH UnitedHealth Group Incorporated Common Stock (DE) $5,293,868,088 0.53% 12,736,973 $917,701,492
GE GE Aerospace Common Stock $5,116,960,173 0.51% 13,691,596 $672,224,346
BAC Bank of America Corporation Common Stock $4,774,631,294 0.48% 83,794,863 $421,414
MRK Merck & Company, Inc. Common Stock (new) $4,752,416,244 0.47% 36,983,784 $754,483,343
UBS UBS Group AG Registered Ordinary Shares $4,750,179,008 0.47% 95,849,980 $-139,234,246
HD Home Depot, Inc. (The) Common Stock $4,720,049,048 0.47% 13,383,376 $-130,280,290
SNDK Sandisk Corporation - Common Stock $4,672,728,881 0.47% 2,055,094 $4,153,840,176
PG Procter & Gamble Company (The) Common Stock $4,667,799,315 0.47% 31,831,692 $3,015,822
WFC Wells Fargo & Company Common Stock $4,585,493,446 0.46% 55,487,578 $72,930,720
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $4,396,055,751 0.44% 8,785,259 $141,564,828
MRVL Marvell Technology, Inc. - Common Stock $4,230,479,771 0.42% 14,201,483 $3,335,024,606
KO Coca-Cola Company (The) Common Stock $4,228,096,456 0.42% 52,025,304 $362,289,408
NFLX Netflix, Inc. - Common Stock $4,137,730,317 0.41% 57,951,405 $-1,665,517,224
WELL Welltower Inc. Common Stock $4,118,820,958 0.41% 18,146,984 $-1,347,443,285
RY Royal Bank Of Canada Common Stock $4,117,728,095 0.41% 19,905,354 $645,346,224
GEV GE Vernova Inc. Common Stock $4,017,138,880 0.40% 3,419,249 $1,734,024,760
TXN Texas Instruments Incorporated - Common Stock $3,940,486,592 0.39% 13,220,004 $1,423,858,348
CVX Chevron Corporation Common Stock $3,806,522,751 0.38% 22,964,061 $78,936,430
RTX RTX Corporation Common Stock $3,785,546,274 0.38% 19,952,281 $617,919,979
MS Morgan Stanley Common Stock $3,759,486,569 0.37% 17,984,532 $1,022,838,718
ORCL Oracle Corporation Common Stock $3,664,124,142 0.37% 25,002,553 $-671,906,674
PLTR Palantir Technologies Inc. - Class A Common Stock $3,625,661,537 0.36% 31,076,211 $-1,523,979,395
DLR Digital Realty Trust, Inc. Common Stock $3,464,122,443 0.35% 19,290,135 $61,127,936
LIN Linde plc - Ordinary Shares $3,445,879,399 0.34% 6,640,227 $199,129,333
APH Amphenol Corporation Common Stock $3,384,262,982 0.34% 19,193,869 $332,117,568
PANW Palo Alto Networks, Inc. - Common Stock $3,325,174,847 0.33% 9,750,674 $1,909,811,335
ADI Analog Devices, Inc. - Common Stock $3,244,536,142 0.32% 8,169,137 $1,029,019,812
TTE TotalEnergies SE Ordinary Shares $3,150,632,930 0.31% 40,546,835 $1,233,006,660
QCOM QUALCOMM Incorporated - Common Stock $2,995,265,175 0.30% 16,209,022 $404,209,183
STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) $2,987,372,695 0.30% 3,095,723 $2,489,010,152
WDC Western Digital Corporation - Common Stock $2,956,783,063 0.29% 4,629,232 $2,168,054,171
NEE NextEra Energy, Inc. Common Stock $2,818,963,858 0.28% 32,117,624 $2,636,452
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $2,800,541,410 0.28% 3,669,761 $1,100,996,248
GILD Gilead Sciences, Inc. - Common Stock $2,775,128,219 0.28% 21,965,555 $157,976,093
BLK BlackRock, Inc. Common Stock $2,722,719,641 0.27% 2,831,565 $-19,960,248
AXP American Express Company Common Stock $2,701,219,513 0.27% 7,985,867 $237,004,760
C Citigroup, Inc. Common Stock $2,698,428,100 0.27% 19,279,995 $-102,515,927
MCD McDonald's Corporation Common Stock $2,670,224,898 0.27% 9,878,380 $-220,213,063
PEP PepsiCo, Inc. - Common Stock $2,629,036,209 0.26% 19,416,811 $-389,777,105
GS Goldman Sachs Group, Inc. (The) Common Stock $2,624,712,481 0.26% 2,595,205 $108,882,631
GLW Corning Incorporated Common Stock $2,615,157,986 0.26% 10,238,257 $1,693,723,040
TMO Thermo Fisher Scientific Inc Common Stock $2,550,871,048 0.25% 5,087,903 $-521,872,917
PNC PNC Financial Services Group, Inc. (The) Common Stock $2,498,144,427 0.25% 10,145,985 $531,064,767
TD Toronto Dominion Bank (The) Common Stock $2,431,928,460 0.24% 20,021,693 $305,965,669
IBM International Business Machines Corporation Common Stock $2,366,758,690 0.24% 8,416,339 $-79,670,210
EQR Equity Residential Common Shares of Beneficial Interest $2,366,492,355 0.24% 34,837,220 $164,818,401
VZ Verizon Communications Inc. Common Stock $2,299,375,316 0.23% 54,307,400 $-57,782,484
BKNG Booking Holdings Inc. - Common Stock $2,216,253,271 0.22% 12,434,096 $-1,054,787,648
TJX TJX Companies, Inc. (The) Common Stock $2,192,675,559 0.22% 14,473,106 $-19,299,532
DE Deere & Company Common Stock $2,160,782,981 0.22% 3,406,402 $445,150,082
BMY Bristol-Myers Squibb Company Common Stock $2,124,256,834 0.21% 36,866,658 $176,985,184
HWM Howmet Aerospace Inc. Common Stock $2,122,733,853 0.21% 7,895,313 $329,035,400
ABT Abbott Laboratories Common Stock $2,119,224,624 0.21% 23,354,911 $-819,667,073
ETN Eaton Corporation, PLC Ordinary Shares $2,095,434,447 0.21% 4,917,475 $572,507,548
SCHW Charles Schwab Corporation (The) Common Stock $2,090,689,645 0.21% 22,658,390 $96,500,432
ANET Arista Networks, Inc. Common Stock $2,080,506,770 0.21% 12,246,920 $521,943,967
UNP Union Pacific Corporation Common Stock $2,054,513,920 0.20% 7,553,360 $274,606,913
AMGN Amgen Inc. - Common Stock $2,037,136,478 0.20% 5,625,584 $-127,025,786
COF Capital One Financial Corporation Common Stock $2,001,816,052 0.20% 9,978,148 $-87,987,094
ISRG Intuitive Surgical, Inc. - Common Stock $1,970,454,292 0.20% 4,954,874 $-886,532,870
DIS Walt Disney Company (The) Common Stock $1,949,030,641 0.19% 20,249,669 $-439,247,857
PH Parker-Hannifin Corporation Common Stock $1,931,941,543 0.19% 1,975,158 $175,711,783
UBER Uber Technologies, Inc. Common Stock $1,927,122,423 0.19% 26,706,242 $-587,972,006
FTNT Fortinet, Inc. - Common Stock $1,912,470,069 0.19% 12,449,356 $759,553,522
PGR Progressive Corporation (The) Common Stock $1,888,962,053 0.19% 8,647,114 $52,868,445
CMCSA Comcast Corporation - Class A Common Stock $1,879,047,622 0.19% 76,539,618 $-619,577,994
SHOP Shopify Inc. - Class A Subordinate Voting Shares $1,874,017,126 0.19% 16,410,473 $-737,780,204
CVS CVS Health Corporation Common Stock $1,866,126,481 0.19% 18,038,922 $199,861,065
DELL Dell Technologies Inc. Class C Common Stock $1,860,689,803 0.19% 4,312,543 $1,253,340,958
LOW Lowe's Companies, Inc. Common Stock $1,823,487,578 0.18% 8,270,160 $-170,209,152
DHR Danaher Corporation Common Stock $1,816,780,335 0.18% 9,537,906 $-360,325,782
BK The Bank of New York Mellon Corporation Common Stock $1,699,416,808 0.17% 11,751,724 $300,792,466
PLD Prologis, Inc. Common Stock $1,695,905,444 0.17% 12,518,679 $106,780,487

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
AZN $6,334,634,620 33,864,172 0.63%
Unknown issuer (CUSIP: 84615Q103) $1,243,396,915 7,277,285 0.12%
Unknown issuer (CUSIP: 866966104) $530,110,520 7,273,452 0.05%
Unknown issuer (CUSIP: G2004J103) $445,206,653 15,583,012 0.04%
CRWV $430,102,187 4,320,898 0.04%
PNFP $346,520,984 3,434,982 0.03%
AMCR $278,763,996 6,430,542 0.03%
TTMI $238,102,456 1,273,139 0.02%
IREN $237,694,205 5,197,774 0.02%
Unknown issuer (CUSIP: 314352105) $202,789,980 1,342,980 0.02%
Unknown issuer (CUSIP: 15675D103) $187,106,556 846,636 0.02%
Unknown issuer (CUSIP: G9723Y105) $179,623,690 14,980,282 0.02%
GSAT $169,477,700 2,084,853 0.02%
QGEN $167,994,546 4,325,135 0.02%
VSNT $160,591,276 4,459,630 0.02%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
MSFT Trimmed -2.0M -$12.3B
MU Trimmed -7.4M +$11.1B
AMD Bought more +344K +$8.6B
GOOG Bought more +17.1M +$8.3B
INTC Bought more +1.2M +$6.4B
AMAT Bought more +183K +$5.3B
LRCX Trimmed -3.2M +$4.2B
META Trimmed -832K -$3.7B
MRVL Bought more +3.7M +$3.3B
NVDA Trimmed -7.8M +$3.0B

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
DFS June 30, 2025 4,961,102 $846,860,111 No longer tracked
ITCI June 30, 2025 3,579,571 $472,217,006 No longer tracked
BECN June 30, 2025 1,107,549 $137,003,811 No longer tracked
JWN June 30, 2025 4,908,339 $120,008,889 No longer tracked
BERY June 30, 2025 1,621,706 $113,211,296 No longer tracked
X June 30, 2025 2,327,952 $98,379,252 No longer tracked
HEES June 30, 2025 805,793 $76,381,118 No longer tracked
RKLB (filed as RKLBXXXX) June 30, 2025 4,017,216 $71,827,822 102.7%
ASML June 30, 2025 100,411 $66,535,341 130.6%
SFNC June 30, 2025 1,225,005 $25,149,353 20.0%
SNAP June 30, 2025 2,800,514 $24,392,477 -34.8%
ARESPRB June 30, 2025 475,000 $22,899,750 No longer tracked
PYCR June 30, 2025 995,421 $22,337,247 No longer tracked
SKYW June 30, 2025 161,400 $14,101,518 -6.1%
DOO June 30, 2025 300,000 $10,131,289 13.2%
CHWY June 30, 2025 293,945 $9,556,152 -57.7%
MIR June 30, 2025 602,500 $8,736,250 -32.0%
PAYO June 30, 2025 1,177,100 $8,604,601 4.4%
OR (filed as ORXXXX) June 30, 2025 392,556 $8,285,963 33.9%
AIN June 30, 2025 105,400 $7,276,816 -13.6%
UNFI June 30, 2025 243,700 $6,674,943 92.6%
HIMX June 30, 2025 846,547 $6,222,120 65.4%
CALX June 30, 2025 174,500 $6,184,280 -34.4%
ATMU June 30, 2025 144,001 $5,289,157 25.3%
ONC June 30, 2025 17,400 $4,735,758 49.3%
MNSO June 30, 2025 246,266 $4,553,458 -51.7%
ALKT June 30, 2025 162,500 $4,265,625 -53.0%
PDCO June 30, 2025 134,515 $4,202,249 No longer tracked
HUBG June 30, 2025 104,200 $3,873,114 -12.0%
MTSR June 30, 2025 127,442 $3,468,971 No longer tracked
SWI June 30, 2025 170,678 $3,145,596 No longer tracked
SKWD June 30, 2025 57,100 $3,021,732 -4.3%
TNC June 30, 2025 31,784 $2,534,774 -12.8%
ATSG June 30, 2025 112,045 $2,514,290 No longer tracked
LGIH June 30, 2025 34,086 $2,265,696 -7.6%
LGFA June 30, 2025 244,245 $2,161,568 No longer tracked
APPN June 30, 2025 66,797 $1,924,422 26.8%
WRLD June 30, 2025 14,800 $1,872,940 5.6%
CTS June 30, 2025 44,134 $1,833,768 45.6%
NEO June 30, 2025 189,721 $1,800,452 155.3%
HLIO June 30, 2025 51,234 $1,644,099 114.1%
SCL June 30, 2025 29,809 $1,640,687 15.5%
INMD June 30, 2025 92,399 $1,639,158 -2.2%
LOB June 30, 2025 58,635 $1,563,209 23.3%
CPK June 30, 2025 11,536 $1,481,568 5.8%
TRS June 30, 2025 60,994 $1,429,089 35.3%
VCTR June 30, 2025 23,757 $1,374,818 77.5%
PRO June 30, 2025 70,787 $1,347,077 No longer tracked
CENX June 30, 2025 71,152 $1,320,581 102.6%
IESC June 30, 2025 7,746 $1,278,942 128.7%
SASR June 30, 2025 44,186 $1,234,999 No longer tracked
AMWD June 30, 2025 20,472 $1,204,368 No longer tracked
PRI June 30, 2025 4,193 $1,193,034 1.2%
ACT June 30, 2025 33,000 $1,146,750 23.5%
WEAV June 30, 2025 103,200 $1,144,488 -11.5%
CVRX June 30, 2025 93,300 $1,141,059 -74.1%
SAM June 30, 2025 4,771 $1,139,506 -13.6%
SBH June 30, 2025 124,543 $1,124,623 75.5%
PGRE June 30, 2025 236,580 $1,017,294 No longer tracked
DLX June 30, 2025 61,052 $965,232 41.9%
WGO June 30, 2025 26,464 $911,949 -12.4%
KGS June 30, 2025 23,447 $874,573 58.7%
ODD June 30, 2025 20,067 $868,098 -73.9%
IOVA June 30, 2025 260,148 $866,293 719.5%
FA June 30, 2025 59,415 $837,157 10.4%
SIG June 30, 2025 13,247 $769,121 26.6%
MAIN June 30, 2025 13,556 $766,727 -6.5%
ACH June 30, 2025 84,155 $759,920 -94.3%
TDC June 30, 2025 32,775 $736,782 34.5%
CLBK June 30, 2025 45,590 $683,850 -22.1%
NWBI June 30, 2025 49,221 $591,636 18.2%
SOUN June 30, 2025 67,746 $550,098 -44.9%
MDXG June 30, 2025 70,400 $535,040 -23.6%
FUN June 30, 2025 12,979 $462,961 -62.3%
JBLU June 30, 2025 92,438 $445,551 -2.4%
EE June 30, 2025 15,400 $441,672 12.8%
DNUT June 30, 2025 87,517 $430,584 -1.7%
SSTK June 30, 2025 22,591 $420,870 -79.0%
LIND June 30, 2025 39,200 $363,384 201.9%
ML June 30, 2025 3,881 $335,745 No longer tracked
LGFB June 30, 2025 41,927 $332,062 No longer tracked
RCKT June 30, 2025 44,294 $295,441 3.3%
DAY June 30, 2025 4,284 $249,886 No longer tracked
BLMN June 30, 2025 33,885 $242,955 -4.9%
EQC June 30, 2025 149,180 $240,180 No longer tracked
HL June 30, 2025 42,337 $235,394 182.5%
THR June 30, 2025 8,000 $222,800 No longer tracked
AMPS June 30, 2025 42,074 $208,266 No longer tracked
SCLX (filed as SCLXXXXX) June 30, 2025 477,619 $118,688 -30.7%
AUDC June 30, 2025 12,107 $112,486 12.3%