Sector breakdown

04
Technology 24.6%
Financials 12.0%
Communication Services 9.0%
Industrials 5.1%
Retail 4.9%
Materials 1.2%
Healthcare 1.2%
Energy 0.9%
Consumer Staples 0.3%
Utilities 0.2%
Consumer products 0.2%
Real Estate 0.2%
Consumer Discretionary 0.2%
Other/Unmapped 39.9%

Full portfolio 302 positions

05
Type Streak 8Q trend
VTI VANGUARD INDEX FUNDS $267,901,510 10.96% 723,980 $74,841,177 Up ×4
GOOG Alphabet Inc. - Class C Capital Stock $130,394,911 5.33% 369,046 $22,624,919 Down ×3
TSM Taiwan Semiconductor Manufacturing Company Ltd. $119,637,533 4.89% 250,513 $33,960,653 Down ×4
VOO VANGUARD INDEX FUNDS $109,733,497 4.49% 159,773 $15,319,643 Up ×3
VXUS Vanguard Total International Stock ETF $97,846,428 4.00% 1,144,537 $39,039,049 Up ×2
AAPL Apple Inc. - Common Stock $92,371,014 3.78% 319,225 $10,087,346 Down ×6
ASML ASML Holding N.V. - New York Registry Shares $84,356,312 3.45% 42,402 $27,920,003 Down ×3
NVDA NVIDIA Corporation - Common Stock $83,590,112 3.42% 417,763 $9,648,603 Down ×3
JAAA Janus Detroit Street Trust $82,381,816 3.37% 1,631,646 $1,873,295 Up ×6
QUAL iShares Trust $78,201,186 3.20% 356,383 $-9,222,962 Down ×3
AMZN Amazon.com, Inc. - Common Stock $76,052,983 3.11% 319,095 $9,207,164 Down ×1
MSFT Microsoft Corporation - Common Stock $75,151,755 3.07% 201,468 $161,565 Down ×4
TBIL F/m US Treasury 3 Month Bill Fund $74,706,634 3.06% 1,498,328 $4,994,114 Up ×6
AVGO Broadcom Inc. - Common Stock $72,608,625 2.97% 192,213 $12,934,001 Down ×1
URTH iShares, Inc. $66,117,734 2.70% 326,282 $3,110,931 Down ×2
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $65,745,492 2.69% 131,389 $1,384,859 Down ×1
MA Mastercard Incorporated Common Stock $60,049,997 2.46% 116,920 $1,375,335 Down ×6
RTX RTX Corporation Common Stock $49,622,786 2.03% 261,544 $-1,067,235 Down ×6
META Meta Platforms, Inc. - Class A Common Stock $45,037,826 1.84% 79,955 $115,415 Up ×2
QQQ Invesco QQQ Trust, Series 1 $40,118,044 1.64% 54,479 $8,827,027 Up ×2
TXN Texas Instruments Incorporated - Common Stock $33,447,596 1.37% 112,214 $11,769,501 Up ×2
DE Deere & Company Common Stock $33,291,071 1.36% 52,482 $3,629,380 Down ×1
AON Aon plc Class A Ordinary Shares (Ireland) $32,516,923 1.33% 98,034 $770,696 Down ×1
HD Home Depot, Inc. (The) Common Stock $30,290,977 1.24% 85,888 $1,285,905 Down ×1
BN Brookfield Corporation Class A Limited Voting Shares $27,362,639 1.12% 642,466 $2,208,028 Up ×1
MCO Moody's Corporation Common Stock $24,807,433 1.01% 54,772 $1,054,493 Up ×1
CME CME Group Inc. - Class A Common Stock $24,300,220 0.99% 110,040 $-8,223,587 Down ×1
MSI Motorola Solutions, Inc. Common Stock $24,295,549 0.99% 58,503 $-1,236,349 Down ×1
SHW Sherwin-Williams Company (The) Common Stock $23,773,195 0.97% 69,044 $1,583,890 Down ×1
VGLT Vanguard Long-Term Treasury ETF $19,645,762 0.80% 356,030 $1,788,032 Up ×3
SAP SAP SE ADS $17,881,564 0.73% 116,031 $513,164 Up ×1
JABS Janus Detroit Street Trust $15,821,033 0.65% 316,896 Up ×1
SPY SPY $15,757,619 0.64% 21,101 $1,608,979 Down ×1
UPS United Parcel Service, Inc. Common Stock $14,159,040 0.58% 131,712 $912,665 Down ×3
GOOGL Alphabet Inc. - Class A Common Stock $12,090,064 0.49% 33,831 $2,146,103 Down ×1
JPM JP Morgan Chase & Co. Common Stock $11,050,421 0.45% 33,759 $1,173,626 Up ×1
BRK-A (filed as BRKA) Berkshire Hathaway Inc. Class A $9,735,050 0.40% 13 $399,230
UNH UnitedHealth Group Incorporated Common Stock (DE) $9,617,534 0.39% 23,140 $-20,816,089 Down ×1
USB U.S. Bancorp Common Stock $8,225,505 0.34% 136,184 $2,100,711 Up ×1
V Visa Inc. $7,829,957 0.32% 22,822 $692,899 Down ×1
VEA VANGUARD TAX-MANAGED FUNDS $7,732,370 0.32% 108,524 $-7,723,308 Down ×1
IVV iShares Trust $6,785,799 0.28% 9,061 $3,711,047 Up ×3
ARCC Ares Capital Corporation - Closed End Fund $5,497,864 0.22% 296,701 $335,994 Up ×1
XLV SELECT SECTOR SPDR TRUST $5,385,872 0.22% 33,946 $340,142 Down ×1
XOM Exxon Mobil Corporation Common Stock $5,246,145 0.21% 38,371 $-1,153,341 Up ×1
EVLN Eaton Vance Floating-Rate ETF $5,023,528 0.21% 103,567 $-703,484 Down ×1
AMAT Applied Materials, Inc. - Common Stock $4,778,307 0.20% 6,609 $2,515,657 Down ×1
LOW Lowe's Companies, Inc. Common Stock $4,600,965 0.19% 20,867 $-419,276 Down ×3
TMUS T-Mobile US, Inc. - Common Stock $4,559,237 0.19% 27,182 Up ×1
GLD SPDR Gold Shares $4,255,157 0.17% 11,551 $-900,578 Down ×1
ETN Eaton Corporation, PLC Ordinary Shares $4,064,333 0.17% 9,538 $611,387 Down ×3
ADI Analog Devices, Inc. - Common Stock $3,950,253 0.16% 9,946 $819,437 Up ×1
JMUB J.P. Morgan Exchange-Traded Fund Trust $3,759,361 0.15% 74,215 $949,923 Up ×2
VV VANGUARD INDEX FUNDS $3,607,272 0.15% 10,489 $472,634
CNQ Canadian Natural Resources Limited Common Stock $3,323,214 0.14% 84,132 $-903,724 Down ×1
WMT Walmart Inc. - Common Stock $3,193,170 0.13% 28,193 $-298,353 Up ×1
COST Costco Wholesale Corporation - Common Stock $3,183,839 0.13% 3,403 $-255,304 Down ×1
JNJ Johnson & Johnson Common Stock $3,098,688 0.13% 12,201 $89,632 Down ×6
MOAT VanEck ETF Trust $3,089,116 0.13% 29,714 $-1,417,632 Down ×5
VYM VANGUARD WHITEHALL FUNDS $3,030,259 0.12% 19,175 $186,411 Down ×2
GLW Corning Incorporated Common Stock $3,002,939 0.12% 11,756 $1,447,306 Up ×1
VOYG Voyager Technologies, Inc. Class A Common Stock $2,981,577 0.12% 92,452 $800,062 Down ×2
IEV iShares Trust $2,967,836 0.12% 40,739 $227,340 Up ×1
SPSM SPDR SERIES TRUST $2,941,631 0.12% 51,008 $-818,631 Down ×6
ATO Atmos Energy Corporation Common Stock $2,894,653 0.12% 16,803 $-306,914 Down ×3
CTVA Corteva, Inc. Common Stock $2,878,952 0.12% 33,994 $33,314
WM Waste Management, Inc. Common Stock $2,861,582 0.12% 12,839 $-132,838 Down ×3
IWF iShares Trust $2,794,818 0.11% 22,508 $103,808 Up ×2
Q Qnity Electronics, Inc. Common Stock $2,789,661 0.11% 17,082 $868,469 Up ×1
ARES Ares Management Corporation Class A Common Stock $2,739,339 0.11% 24,610
ABBV AbbVie Inc. Common Stock $2,725,797 0.11% 10,832 $365,785 Down ×1
IJR iShares Trust $2,566,859 0.11% 17,307 $373,733 Down ×3
UNP Union Pacific Corporation Common Stock $2,462,416 0.10% 9,053 $265,977
KO Coca-Cola Company (The) Common Stock $2,356,390 0.10% 28,995 $119,638 Down ×1
VBIL Vanguard 0-3 Month Treasury Bill ETF $2,352,286 0.10% 31,082 $-1,595,282 Down ×2
VUG VANGUARD INDEX FUNDS $2,216,210 0.09% 25,728 $335,392 Up ×6
AZN AstraZeneca PLC - American Depositary Shares $2,176,601 0.09% 11,635 $-107,995 Up ×1
CAT Caterpillar, Inc. Common Stock $2,158,552 0.09% 2,027 $676,401 Down ×1
SHEL Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) $2,150,960 0.09% 27,740 $-883,351 Down ×3
LLY Eli Lilly and Company Common Stock $2,107,399 0.09% 1,757 $539,682 Up ×1
AXP American Express Company Common Stock $2,097,021 0.09% 6,200 $226,600 Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock $2,050,031 0.08% 3,529 $1,556,917 Up ×2
MDY State Street SPDR S&P MIDCAP 400 ETF Trust $1,975,091 0.08% 2,808 $222,161 Down ×1
SOXX iShares Trust $1,908,824 0.08% 2,979 $929,746
PG Procter & Gamble Company (The) Common Stock $1,860,560 0.08% 12,688 $19,825 Down ×1
TJX TJX Companies, Inc. (The) Common Stock $1,836,029 0.08% 12,119 $15,928 Up ×1
MPLX MPLX LP Common Units Representing Limited Partner Interests $1,822,050 0.07% 32,346 $-23,936
EEM iShares, Inc. $1,772,572 0.07% 25,911 $301,086
EPD Enterprise Products Partners L.P. Common Stock $1,717,280 0.07% 46,716 $4,188 Up ×2
VICI VICI Properties Inc. Common Stock $1,710,218 0.07% 64,415 $-54,982 Down ×1
PBRA CUSIP: 71654V101 $1,643,896 0.07% 112,288 $-559,135 Down ×3
RSP Invesco Exchange-Traded Fund Trust $1,629,623 0.07% 7,659 $149,673 Down ×1
VTV VANGUARD INDEX FUNDS $1,606,014 0.07% 7,369 $139,055 Down ×1
TTE TotalEnergies SE Ordinary Shares $1,591,326 0.07% 20,472 $-252,657 Up ×1
RY Royal Bank Of Canada Common Stock $1,590,357 0.07% 7,684 $359,049 Up ×1
BTI British American Tobacco Industries, p.l.c. Common Stock ADR $1,573,336 0.06% 25,475 $95,565 Up ×1
ETV Eaton Vance Corporation Eaton Vance Tax-Managed Buy-Write Opportunities Fund Common Shares of Beneficial Interest $1,503,907 0.06% 101,069 $387,984 Up ×2
IWM iShares Trust $1,499,846 0.06% 4,992 $261,830
AER AerCap Holdings N.V. Ordinary Shares $1,482,145 0.06% 10,167 $101,291 Up ×1
PANW Palo Alto Networks, Inc. - Common Stock $1,458,543 0.06% 4,277 $783,596 Up ×1

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
VTI $267,901,510 10.96% up ×4
VOO $109,733,497 4.49% up ×3
JAAA $82,381,816 3.37% up ×6
TBIL $74,706,634 3.06% up ×6
VGLT $19,645,762 0.80% up ×3
IVV $6,785,799 0.28% up ×3
VUG $2,216,210 0.09% up ×6
GE $943,145 0.04% up ×3
CMI $865,124 0.04% up ×3
MS $844,522 0.03% up ×6
SCHV $673,525 0.03% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
JABS $15,821,033 316,896 0.65%
TMUS $4,559,237 27,182 0.19%
ARES $2,739,339 24,610 0.11%
Unknown issuer (CUSIP: 26614N201) $1,192,004 8,788 0.05%
CL $964,107 10,516 0.04%
INTC $729,427 5,224 0.03%
MRVL $431,941 1,450 0.02%
Unknown issuer (CUSIP: 43849R105) $424,695 1,921 0.02%
Unknown issuer (CUSIP: 438516205) $421,380 1,882 0.02%
ARM $355,634 1,003 0.01%
Unknown issuer (CUSIP: 77926X320) $354,480 4,800 0.01%
MU $290,882 252 0.01%
VBR $265,877 1,094 0.01%
QCOM $258,521 1,399 0.01%
ANET $253,631 1,493 0.01%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VTI Bought more +122K +$74.8M
VXUS Bought more +382K +$39.0M
TSM Trimmed -3K +$34.0M
ASML Trimmed -326 +$27.9M
GOOG Trimmed -7K +$22.6M
UNH Trimmed -89K -$20.8M
VOO Bought more +2K +$15.3M
AVGO Trimmed -591 +$12.9M
TXN Bought more +552 +$11.8M
AAPL Trimmed -5K +$10.1M

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
LMBS June 30, 2026 304,752 $15,179,681
ZTS June 30, 2026 89,399 $10,567,826 -3.0%
NVO March 31, 2026 140,797 $7,163,776 1.6%
OBDC March 31, 2026 196,263 $2,439,548 -6.9%
OWL Dec. 31, 2025 115,326 $1,952,469 -39.2%
DD June 30, 2026 25,652 $1,174,862 -4.2%
HON June 30, 2026 3,836 $867,051 -4.4%
NOMD June 30, 2025 44,000 $864,600 -37.3%
MRVL March 31, 2026 9,954 $845,891 174.9%
LYB June 30, 2025 12,000 $844,800 1.2%
CRM June 30, 2026 4,023 $750,973 49.8%
WPC June 30, 2025 10,881 $686,700 3.4%
SPIB June 30, 2026 14,960 $501,758
PIPR March 31, 2026 1,469 $499,034 -14.6%
SYLD June 30, 2026 6,363 $479,812
CCI June 30, 2025 4,569 $476,227 -35.3%
FIVE June 30, 2026 2,000 $456,960 23.0%
GSBD Dec. 31, 2025 43,000 $437,310 -2.3%
CL Sept. 30, 2025 4,801 $436,411 5.4%
OXY June 30, 2026 6,503 $422,695 19.6%
FISV June 30, 2025 1,907 $421,068 -74.3%
SCHX Sept. 30, 2025 17,187 $420,050 15.3%
MSDL Dec. 31, 2025 26,000 $418,080 -17.9%
BA Dec. 31, 2025 1,929 $416,336 -10.9%
NCDL Dec. 31, 2025 29,500 $407,100 -17.4%
PCAR Dec. 31, 2025 4,069 $400,064 0.2%
ARES March 31, 2026 2,453 $396,478 7.7%
BDX Dec. 31, 2025 1,897 $355,061 15.9%
WSO March 31, 2026 1,024 $345,037 -18.2%
BA June 30, 2026 1,729 $344,123 -10.6%
PJP Dec. 31, 2025 3,700 $342,213
IGIB June 30, 2026 6,386 $339,879
COP June 30, 2026 2,456 $324,192 21.9%
SYY Dec. 31, 2025 3,897 $320,879 5.2%
BLDR June 30, 2026 3,844 $316,477 -37.1%
DKNG June 30, 2025 8,930 $296,565 -56.7%
BROS June 30, 2025 4,610 $284,621 -43.4%
INTU June 30, 2026 648 $280,182 7.7%
QCOM March 31, 2026 1,609 $275,219 43.6%
FDX Dec. 31, 2025 1,155 $272,361 0.5%
IOO Dec. 31, 2025 2,251 $270,110 14.9%
XLG Sept. 30, 2025 4,999 $260,448
IBIT Dec. 31, 2025 3,958 $257,270
MBB June 30, 2026 2,541 $241,268
SPSB June 30, 2026 7,984 $240,079
ADP June 30, 2026 1,152 $234,108 15.1%
ZION June 30, 2026 4,035 $232,497 -8.7%
INDY March 31, 2026 4,601 $226,783
CMCSA March 31, 2026 7,510 $224,460 -24.9%
DHR March 31, 2026 976 $223,426 12.9%
GEV Sept. 30, 2025 421 $222,772 60.8%
IDEV Sept. 30, 2025 2,871 $218,311
BFAM Dec. 31, 2025 2,000 $217,140 -36.6%
FND Dec. 31, 2025 2,925 $215,573 -25.3%
KMB Dec. 31, 2025 1,732 $215,357 -6.5%
DUK Sept. 30, 2025 1,824 $215,232 -7.8%
MRSH Dec. 31, 2025 1,059 $213,421 -8.3%
OVV June 30, 2025 4,951 $211,903 58.6%
ITB March 31, 2026 2,200 $211,860
COWZ Dec. 31, 2025 3,686 $211,817
XLF March 31, 2026 3,861 $211,467 8.3%
SYK June 30, 2026 641 $210,626 -12.5%
COP Dec. 31, 2025 2,219 $209,895 35.4%
SCHA June 30, 2025 8,954 $209,792 30.9%
AZO June 30, 2026 62 $209,422 -12.6%
HDV June 30, 2025 1,718 $208,084 20.7%
PLTR June 30, 2026 1,420 $207,718 61.8%
JPST Dec. 31, 2025 4,063 $206,116
T Dec. 31, 2025 7,233 $204,260 -2.2%
VXUS June 30, 2025 3,289 $204,247
SJM June 30, 2025 1,723 $204,020 19.3%
WFCPRL Dec. 31, 2025 165 $203,658 No longer tracked
WHR Sept. 30, 2025 2,000 $202,840 -61.4%
NKE March 31, 2026 3,152 $200,835 -35.9%
UBER Dec. 31, 2025 2,047 $200,545 -16.6%
CLF Dec. 31, 2025 10,000 $122,000 -14.8%
OPTU Sept. 30, 2025 18,000 $38,520 -62.0%
PAVM Dec. 31, 2025 21,500 $9,267 -56.7%