Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +21.1%
S&P 500 total return (same window) +37.0%
Excess return -15.9%

Annualized: +16.6% · 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: 97.7% · Options excluded: 0.0%

Sector breakdown

04
Technology 25.7%
Financials 18.8%
Industrials 14.3%
Communication Services 9.8%
Retail 9.8%
Healthcare 8.4%
Consumer Discretionary 6.0%
Energy 2.2%
Utilities 1.6%
Consumer Staples 1.0%
Materials 0.9%
Real Estate 0.7%
Consumer products 0.7%

Full portfolio 80 positions

05
Type Streak 8Q trend
NVDA NVIDIA Corporation - Common Stock $36,547,839 5.63% 182,657 $5,793,445 Up ×1
MSFT Microsoft Corporation - Common Stock $35,276,129 5.43% 94,569 $5,420,438 Up ×2
GOOGL Alphabet Inc. - Class A Common Stock $32,745,813 5.04% 91,630 $4,450,197 Down ×4
AAPL Apple Inc. - Common Stock $30,812,500 4.75% 106,485 $3,787,672
APO Apollo Global Management, Inc. (New) Common Stock $28,876,517 4.45% 244,075 $-4,463,912 Down ×3
AON Aon plc Class A Ordinary Shares (Ireland) $24,452,187 3.77% 73,720 $-5,424,738 Down ×3
AMZN Amazon.com, Inc. - Common Stock $22,856,091 3.52% 95,897 $1,025,230 Down ×4
W Wayfair Inc. Class A Common Stock $22,623,030 3.48% 244,785 $6,979,876 Up ×2
UBER Uber Technologies, Inc. Common Stock $17,086,694 2.63% 236,789 $-2,452,090 Down ×5
META Meta Platforms, Inc. - Class A Common Stock $16,452,574 2.53% 29,208 $-1,163,881 Down ×1
AVGO Broadcom Inc. - Common Stock $15,684,936 2.42% 41,522 $1,069,874 Down ×6
ARMK Aramark Common Stock $14,967,846 2.31% 263,054 $93,215 Down ×4
SPGI S&P Global Inc. Common Stock $14,448,771 2.23% 35,478 $-2,355,562 Down ×3
BRK-A (filed as BRKA) Berkshire Hathaway Inc. Class A $14,228,150 2.19% 19 $583,490
RBA RB Global, Inc. Common Stock $13,756,587 2.12% 118,133 $898,406 Down ×1
MU Micron Technology, Inc. - Common Stock $13,583,685 2.09% 11,768 $7,979,257 Down ×4
SHC Sotera Health Company - Common Stock $12,943,513 1.99% 729,212 $2,682,643 Up ×2
FA First Advantage Corporation - Common Stock $12,497,423 1.92% 692,378 $2,080,732 Down ×2
AMD Advanced Micro Devices, Inc. - Common Stock $10,723,018 1.65% 18,459 $6,967,904
PH Parker-Hannifin Corporation Common Stock $10,242,873 1.58% 10,472 $867,920
CAT Caterpillar, Inc. Common Stock $10,089,928 1.55% 9,475 $3,377,269
JPM JP Morgan Chase & Co. Common Stock $9,896,823 1.52% 30,235 $1,040,167
XOM Exxon Mobil Corporation Common Stock $8,895,550 1.37% 65,064 $-1,164,949 Up ×1
UNP Union Pacific Corporation Common Stock $8,743,168 1.35% 32,144 $944,391
BAC Bank of America Corporation Common Stock $8,541,359 1.32% 149,901 $1,233,685
GOOG Alphabet Inc. - Class C Capital Stock $7,835,799 1.21% 22,177 $-1,057,148 Down ×3
LLY Eli Lilly and Company Common Stock $7,786,700 1.20% 6,492 $1,815,553
SWIM Latham Group, Inc. - Common Stock $7,585,648 1.17% 1,172,434 $1,544,796 Up ×1
TXN Texas Instruments Incorporated - Common Stock $7,536,402 1.16% 25,284 $2,627,766
CARR Carrier Global Corporation Common Stock $6,783,921 1.04% 92,487 $4,768,023 Up ×1
MA Mastercard Incorporated Common Stock $6,611,573 1.02% 12,873 $-241,608 Down ×4
V Visa Inc. $6,464,502 1.00% 18,842 $453,540 Down ×4
KO Coca-Cola Company (The) Common Stock $6,262,341 0.96% 77,056 $402,232
GE GE Aerospace Common Stock $6,200,554 0.95% 16,591 $1,492,526
TMO Thermo Fisher Scientific Inc Common Stock $6,150,684 0.95% 12,268 $120,594
GIL Gildan Activewear, Inc. Class A Sub. Vot. Common Stock $6,098,398 0.94% 118,186 $-2,220,776 Down ×4
TDUP ThredUp Inc. - Class A Common Stock $5,371,982 0.83% 784,231 $2,538,879 Down ×1
AMAT Applied Materials, Inc. - Common Stock $5,018,343 0.77% 6,941 $3,954,351 Up ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $4,753,145 0.73% 11,436 $1,302,852 Down ×3
CBRE CBRE Group Inc Common Stock Class A $4,675,763 0.72% 34,715 $-432,705 Down ×4
HLT Hilton Worldwide Holdings Inc. Common Stock $4,661,138 0.72% 14,105 $-1,304,303 Down ×4
SHW Sherwin-Williams Company (The) Common Stock $4,637,302 0.71% 13,468 $320,135
PG Procter & Gamble Company (The) Common Stock $4,594,085 0.71% 31,329 $-166,790 Down ×4
TJX TJX Companies, Inc. (The) Common Stock $4,573,634 0.70% 30,189 $-247,549
CVX Chevron Corporation Common Stock $4,451,982 0.69% 26,858 $-382,857 Up ×1
CME CME Group Inc. - Class A Common Stock $4,332,905 0.67% 19,621 $-1,462,157
DHR Danaher Corporation Common Stock $4,325,801 0.67% 22,710 $261,156 Up ×2
HD Home Depot, Inc. (The) Common Stock $4,290,000 0.66% 12,164 $661,357 Up ×1
NFLX Netflix, Inc. - Common Stock $4,267,721 0.66% 59,772 $-2,079,814 Down ×1
MRSH Marsh Common Stock $4,231,918 0.65% 25,391 $-363,987 Down ×4
ORLY O'Reilly Automotive, Inc. - Common Stock $4,166,428 0.64% 45,243 $-9,953
NOW ServiceNow, Inc. Common Stock $4,166,186 0.64% 41,964 $-221,150
STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) $4,001,855 0.62% 4,147 $3,005,609 Up ×2
MCD McDonald's Corporation Common Stock $3,914,089 0.60% 14,480 $-586,150
BDX Becton, Dickinson and Company Common Stock $3,761,004 0.58% 24,853 $-43,019 Up ×1
ABT Abbott Laboratories Common Stock $3,745,293 0.58% 41,275 $-492,411
NEE NextEra Energy, Inc. Common Stock $3,719,780 0.57% 42,381 $124,209 Up ×1
AEP American Electric Power Company, Inc. - Common Stock $3,671,296 0.57% 26,835 $153,764
VST Vistra Corp. Common Stock $3,095,349 0.48% 19,513 $961,716 Up ×1
ENSG The Ensign Group, Inc. - Common Stock $2,935,574 0.45% 18,313 $-7,420,317 Down ×3
CSX CSX Corporation - Common Stock $2,805,838 0.43% 59,033 $259,753 Down ×4
PWR Quanta Services, Inc. Common Stock $2,384,052 0.37% 3,311 $643,110 Up ×1
ABBV AbbVie Inc. Common Stock $2,383,031 0.37% 9,470 $323,401
JNJ Johnson & Johnson Common Stock $2,169,158 0.33% 8,541 $81,396
SNDK Sandisk Corporation - Common Stock $1,714,392 0.26% 754 Up ×1
PPG PPG Industries, Inc. Common Stock $1,456,329 0.22% 12,007 $173,021
LHX L3Harris Technologies, Inc. Common Stock $1,375,944 0.21% 4,735 $-258,341
ELV Elevance Health, Inc. Common Stock $1,374,052 0.21% 3,553 $333,911
TMUS T-Mobile US, Inc. - Common Stock $1,274,916 0.20% 7,601 $-596,451 Down ×4
MRK Merck & Company, Inc. Common Stock (new) $1,195,436 0.18% 9,303 $317,920 Up ×1
EXPE Expedia Group, Inc. - Common Stock $1,154,019 0.18% 4,510 $112,705
DIS Walt Disney Company (The) Common Stock $1,005,813 0.15% 10,450 $-1,358
OXY Occidental Petroleum Corporation Common Stock $869,257 0.13% 17,897 Up ×1
WAT Waters Corporation Common Stock $838,214 0.13% 2,235 $-170,732 Down ×1
RCL Royal Caribbean Cruises Ltd. Common Stock $678,244 0.10% 2,136 Up ×1
INTU Intuit Inc. - Common Stock $661,635 0.10% 2,535 $-1,428,490 Down ×4
ADBE Adobe Inc. - Common Stock $649,913 0.10% 3,170 $-1,210,864 Down ×4
RTX RTX Corporation Common Stock $626,488 0.10% 3,302 $-10,468
ACN Accenture plc Class A Ordinary Shares (Ireland) $617,596 0.10% 4,963 $-366,517
HCA HCA Healthcare, Inc. Common Stock $394,569 0.06% 1,012 $-237,680 Down ×6

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
SNDK $1,714,392 754 0.26%
OXY $869,257 17,897 0.13%
RCL $678,244 2,136 0.10%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
MU Trimmed -5K +$8.0M
ENSG Trimmed -33K -$7.4M
W Bought more +37K +$7.0M
AMD Price move only +0 +$7.0M
NVDA Bought more +6K +$5.8M
AON Trimmed -19K -$5.4M
MSFT Bought more +14K +$5.4M
CARR Bought more +57K +$4.8M
APO Trimmed -55K -$4.5M
GOOGL Trimmed -7K +$4.5M

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
EFA Sept. 30, 2025 295,381 $26,404,108
KBR June 30, 2025 142,203 $7,083,136 -18.2%
BUR March 31, 2026 762,888 $6,804,983 -25.7%
GPK March 31, 2026 306,366 $4,613,878 -11.8%
TD Sept. 30, 2025 60,001 $4,412,245 55.9%
SHOP Sept. 30, 2025 36,391 $4,196,300 13.5%
BN Sept. 30, 2025 62,500 $3,867,332
RY Sept. 30, 2025 26,442 $3,484,120 36.6%
MASI March 31, 2026 25,805 $3,356,198 No longer tracked
FER Sept. 30, 2025 53,576 $2,856,109 -15.3%
HAYW March 31, 2026 175,254 $2,707,679 -5.3%
SHEL Sept. 30, 2025 37,707 $2,654,950 51.2%
ENB Sept. 30, 2025 53,279 $2,415,462 -4.6%
MFC Sept. 30, 2025 68,504 $2,189,835 42.1%
BCE Sept. 30, 2025 87,553 $1,941,266 -12.8%
ASML Sept. 30, 2025 2,379 $1,906,507 62.4%
SAP Sept. 30, 2025 6,209 $1,888,157 -10.9%
SU Sept. 30, 2025 49,778 $1,864,231 89.9%
BUD Sept. 30, 2025 25,620 $1,760,606 41.4%
FLUT Sept. 30, 2025 5,908 $1,688,270 -68.5%
WCN Sept. 30, 2025 8,967 $1,674,701 6.1%
NVS Sept. 30, 2025 13,075 $1,582,206 17.8%
CP Sept. 30, 2025 19,834 $1,575,303 20.2%
SLF Sept. 30, 2025 22,458 $1,494,012 31.7%
HWM June 30, 2025 11,333 $1,470,230 -0.1%
FSV Sept. 30, 2025 8,102 $1,413,515 -24.6%
OTEX Sept. 30, 2025 44,850 $1,310,217 -25.2%
BTG Sept. 30, 2025 342,336 $1,236,586 No longer tracked
BIP Sept. 30, 2025 36,751 $1,230,924 12.6%
NVO June 30, 2025 17,185 $1,193,326 -43.4%
PRMB June 30, 2026 59,012 $1,111,196 -19.4%
CIGI Sept. 30, 2025 7,984 $1,044,389 -40.5%
RIO Sept. 30, 2025 17,682 $1,031,391 26.4%
AZN Sept. 30, 2025 14,574 $1,018,431 11.8%
QSR Sept. 30, 2025 14,189 $941,002 17.5%
REGN June 30, 2025 1,469 $931,684 53.3%
GSK Sept. 30, 2025 23,984 $920,986 17.6%
BHP Sept. 30, 2025 18,744 $901,399 39.6%
DOO Sept. 30, 2025 17,469 $847,766 -4.4%
FMX Sept. 30, 2025 8,188 $843,200 30.3%
TCOM Sept. 30, 2025 14,340 $840,898 -47.1%
KOF Sept. 30, 2025 8,517 $823,849 42.1%
BABA Sept. 30, 2025 7,202 $816,779 -44.3%
ZTS Sept. 30, 2025 4,941 $770,549 -44.6%
AQN Sept. 30, 2025 133,834 $765,440 0.7%
CNI Sept. 30, 2025 7,281 $758,489 30.6%
NTR Sept. 30, 2025 12,774 $744,185 18.8%
BAM Sept. 30, 2025 12,752 $705,641 -17.4%
BIDU Sept. 30, 2025 8,023 $688,052 -41.4%
MGA Sept. 30, 2025 16,218 $626,787 35.0%
ATS Sept. 30, 2025 19,053 $607,520 -27.7%
VET Sept. 30, 2025 82,324 $600,786 78.0%
CNQ Sept. 30, 2025 16,753 $526,434 72.3%
TU Sept. 30, 2025 21,525 $345,620 -44.0%
CM Sept. 30, 2025 4,864 $345,181 42.7%
BNS Sept. 30, 2025 5,502 $304,174 43.7%
TRP June 30, 2025 6,142 $290,029 27.9%
BMO June 30, 2025 2,837 $270,887 52.9%
PBA Sept. 30, 2025 6,896 $258,869 24.4%