Sector breakdown

04
Technology 0.1%
Retail 0.0%
Industrials 0.0%
Communication Services 0.0%
Financials 0.0%
Real Estate 0.0%
Healthcare 0.0%
Consumer Staples 0.0%
Other/Unmapped 99.8%

Full portfolio 113 positions

05
Type Streak 8Q trend
QUAL iShares Trust $736,892,077 13.98% 3,358,210 $105,323,936 Up ×6
VSDB Vanguard Short Duration Bond ETF $625,941,662 11.87% 8,199,393 $359,892,525 Up ×1
IVV iShares Trust $484,184,409 9.18% 646,536 $85,963,056 Up ×6
SPYG State Street SPDR Portfolio S&P 500 Growth ETF $404,376,663 7.67% 3,398,409 $68,631,823 Down ×4
VYMI Vanguard International High Dividend Yield ETF $302,943,423 5.75% 3,084,964 $14,153,274 Up ×2
MUB iShares Trust $291,472,089 5.53% 2,708,345 $7,298,667 Up ×4
SCHF SCHWAB STRATEGIC TRUST $268,481,948 5.09% 9,692,489 $35,546,919 Up ×4
PMBS PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund $240,490,353 4.56% 4,870,198 $1,443,673 Up ×6
MTUM iShares Trust $230,630,047 4.37% 672,724 $66,549,136 Down ×1
VOE Vanguard Morningstar Mid-Cap Value ETF $190,072,693 3.60% 961,906 $24,388,448 Up ×6
SHYM iShares Short Duration High Yield Muni Active ETF $182,886,909 3.47% 8,146,410
VTEB Vanguard Tax-Exempt Bond ETF $180,618,690 3.43% 3,570,951 $7,747,108 Up ×1
VIOO Vanguard S&P Small-Cap 600 ETF $153,483,700 2.91% 1,115,920 $28,690,078 Up ×3
SCHX SCHWAB STRATEGIC TRUST $137,103,268 2.60% 4,658,623 $16,823,418 Down ×1
PFFD Global X Funds $127,581,528 2.42% 6,826,192 $-2,062,503 Down ×2
IJH iShares Trust $119,414,771 2.26% 1,548,629 Up ×1
SCHE SCHWAB STRATEGIC TRUST $79,720,694 1.51% 2,198,585 $10,189,097 Up ×6
FQAL Fidelity Quality Factor ETF $72,056,949 1.37% 885,647 $6,710,560 Down ×4
IEFA iShares Core MSCI EAFE ETF $68,270,664 1.29% 706,882 $4,682,754 Up ×1
VOT Vanguard Morningstar Mid-Cap Growth ETF $66,258,223 1.26% 216,318 $9,877,797 Down ×1
SPHQ Invesco S&P 500 Quality ETF $35,651,579 0.68% 395,689 $5,695,431 Down ×4
IMCV iShares Morningstar Mid-Cap Value ETF $31,243,339 0.59% 341,915 $2,176,477 Down ×3
IMCG iShares Trust $27,933,322 0.53% 284,164 $4,962,650 Down ×1
IEMG iShares, Inc. $25,678,329 0.49% 309,975 $4,297,164 Up ×1
ESGV VANGUARD WORLD FUND $18,935,314 0.36% 143,189 $3,426,897 Up ×2
AVSE AMERICAN CENTURY ETF TRUST $10,457,723 0.20% 127,788 Up ×1
VB Vanguard Morningstar Small-Cap ETF $10,271,828 0.19% 33,887 $1,419,193 Up ×1
VSGX Vanguard ESG International Stock ETF $10,270,022 0.19% 124,727 $1,224,940 Down ×1
ESGD iShares ESG Aware MSCI EAFE ETF $9,311,091 0.18% 90,566 $639,791 Down ×1
SCHD SCHWAB STRATEGIC TRUST $9,303,794 0.18% 293,403 $210,042 Down ×5
IUSB iShares Core Universal USD Bond ETF $9,135,162 0.17% 197,945 $-179,237 Down ×3
PTL Inspire 500 ETF $7,949,011 0.15% 27,785 Up ×1
SCHG SCHWAB STRATEGIC TRUST $7,711,358 0.15% 227,877 $1,286,008 Up ×6
SCHA SCHWAB STRATEGIC TRUST $6,957,735 0.13% 192,575 $1,190,734 Down ×4
VOO Vanguard S&P 500 ETF $5,173,740 0.10% 7,533 $1,412,162 Up ×6
OWNS Quaker Investment Trust CCM Affordable Housing MBS ETF $5,094,502 0.10% 294,906 $127,909 Up ×1
SPY SPY $4,938,391 0.09% 6,613 $855,556 Up ×2
EFA iShares Trust $3,686,598 0.07% 35,489 $419,436 Up ×1
FLQM Franklin U.S. Mid Cap Multifactor Index ETF $3,166,426 0.06% 54,702 $-95,522,934 Down ×1
AAPL Apple Inc. - Common Stock $2,991,983 0.06% 10,340 $1,008,614 Up ×1
VTI Vanguard Morningstar Total Stock Market ETF $2,955,510 0.06% 7,987 $832,068 Up ×5
VEA Vanguard FTSE Developed Markets ETF $2,332,155 0.04% 32,732 Up ×1
JSML Janus Henderson Small Cap Growth Alpha ETF $2,224,759 0.04% 23,908 $518,978 Down ×6
IWM iShares Russell 2000 Index Fund $2,213,716 0.04% 7,368 $577,660 Up ×2
VGSH Vanguard Short-Term Treasury ETF $2,092,756 0.04% 35,958 $-339,351,842 Down ×2
MSFT Microsoft Corporation - Common Stock $2,059,444 0.04% 5,521 $86,437 Up ×3
IVW iShares S&P 500 Growth ETF $2,023,067 0.04% 14,710 Up ×1
EMXC iShares MSCI Emerging Markets ex China ETF $1,956,386 0.04% 19,124 $452,249 Up ×1
IVE iShares Trust $1,917,068 0.04% 8,443 Up ×1
VIG Vanguard Div Appreciation ETF $1,910,707 0.04% 8,075 $673,036 Up ×6
IWF iShares Russell 1000 Growth Fund $1,847,898 0.04% 14,882 $583,622 Up ×3
SUSL iShares ESG MSCI USA Leaders ETF $1,780,445 0.03% 13,411 $242,833 Down ×3
SPYM State Street SPDR Portfolio S&P 500 ETF $1,734,312 0.03% 19,735 $801,672 Up ×6
IWR iShares Russell Mid-Cap ETF $1,504,655 0.03% 13,639 $117,377 Down ×5
IWD iShares Russell 1000 Value ETF $1,498,945 0.03% 6,183 $856,866 Up ×2
AGG iShares Trust $1,452,532 0.03% 14,675 $299,510 Up ×1
MDY State Street SPDR S&P MIDCAP 400 ETF Trust $1,441,847 0.03% 2,050 $274,937 Up ×2
JEPI JPMorgan Equity Premium Income ETF $1,367,325 0.03% 24,209 $650,889 Up ×4
GLD SPDR Gold Shares $1,230,712 0.02% 3,341 $-206,833
ITOT iShares Trust $1,160,568 0.02% 7,065 $17,282 Down ×1
VUG Vanguard Morningstar Growth ETF $1,135,240 0.02% 13,179 $147,221 Up ×1
MLPX Global X Funds $1,023,064 0.02% 13,889 $247,063 Up ×1
PSQA Palmer Square CLO Senior Debt ETF $995,625 0.02% 48,662 $973
JEPQ JPMorgan Nasdaq Equity Premium Income ETF $990,305 0.02% 16,113 $435,438 Up ×4
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF $956,680 0.02% 29,766 $-6,740 Up ×2
IQLT iShares Trust $876,607 0.02% 17,691 Up ×1
SCHY SCHWAB STRATEGIC TRUST $854,902 0.02% 26,943 $381,553 Up ×3
AMZN Amazon.com, Inc. - Common Stock $848,896 0.02% 3,562 $152,503 Up ×3
SUB iShares Short-Term National Muni Bond ETF $791,392 0.02% 7,433 $41,525 Up ×6
IWY iShares Russell Top 200 Growth ETF $765,784 0.01% 2,635 Up ×1
NVDA NVIDIA Corporation - Common Stock $726,327 0.01% 3,630 Up ×1
CAT Caterpillar, Inc. Common Stock $706,029 0.01% 663 $234,194 Down ×1
FDMO FIDELITY COVINGTON TRUST $674,515 0.01% 6,843 $77,930 Down ×3
RSP Invesco Exchange-Traded Fund Trust $664,801 0.01% 3,125 $184,809 Up ×2
IJR iShares Trust $612,918 0.01% 4,133 $187,156 Up ×1
PHYS Sprott Physical Gold Trust ETV $603,400 0.01% 20,000 $-105,400
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund $595,185 0.01% 14,570 $262,963 Up ×1
VEU Vanguard FTSE All World Ex US ETF $565,313 0.01% 6,750 $58,388
META Meta Platforms, Inc. - Class A Common Stock $540,759 0.01% 960 $15,543 Up ×1
DYNF BlackRock ETF Trust $535,171 0.01% 7,869 Up ×1
IWO iShares Russell 2000 Growth Fund $525,543 0.01% 1,334 $106,920
PGR Progressive Corporation (The) Common Stock $512,047 0.01% 2,344 $47,372
IWP iShares Russell Midcap Growth ETF $508,190 0.01% 3,471 $104,227 Up ×2
VXF Vanguard Extended Market ETF $490,697 0.01% 1,993 $80,537
QQQ Invesco QQQ Trust, Series 1 $486,259 0.01% 660 $199,977 Up ×2
MA Mastercard Incorporated Common Stock $483,721 0.01% 942 $35,114 Up ×3
GOOGL Alphabet Inc. - Class A Common Stock $472,801 0.01% 1,323 $171,438 Up ×1
VO Vanguard Morningstar Mid-Cap ETF $471,818 0.01% 5,856 Up ×1
IGRO iShares Trust $430,418 0.01% 4,895 $149,118 Up ×1
JPM JP Morgan Chase & Co. Common Stock $420,292 0.01% 1,284 $68,182 Up ×1
FSV FirstService Corporation - Common Shares $407,146 0.01% 2,865 $9,082
VWO Vanguard FTSE Emerging Markets ETF $405,428 0.01% 6,792 $120,476 Up ×1
INTF iShares International Equity Factor ETF $386,868 0.01% 9,445 $45,500 Up ×1
IWB iShares Russell 1000 ETF $384,930 0.01% 940 $49,763
QEFA SPDR INDEX SHARES FUNDS $357,848 0.01% 3,727 $29,910 Up ×2
DFUV Dimensional ETF Trust $345,628 0.01% 6,283 $41,153
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $343,768 0.01% 687 $14,557
CTAS Cintas Corporation - Common Stock $340,160 0.01% 2,000 $1,880
JNJ Johnson & Johnson Common Stock $335,749 0.01% 1,322 $12,599
IWS iShares Russell Mid-Cap Value ETF $316,526 0.01% 1,923 $72,411 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
QUAL $736,892,077 13.98% up ×6
IVV $484,184,409 9.18% up ×6
MUB $291,472,089 5.53% up ×4
SCHF $268,481,948 5.09% up ×4
PMBS $240,490,353 4.56% up ×6
VOE $190,072,693 3.60% up ×6
VIOO $153,483,700 2.91% up ×3
SCHE $79,720,694 1.51% up ×6
SCHG $7,711,358 0.15% up ×6
VOO $5,173,740 0.10% up ×6
VTI $2,955,510 0.06% up ×5
MSFT $2,059,444 0.04% up ×3
VIG $1,910,707 0.04% up ×6
IWF $1,847,898 0.04% up ×3
SPYM $1,734,312 0.03% up ×6

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
SHYM $182,886,909 8,146,410 3.47%
IJH $119,414,771 1,548,629 2.26%
AVSE $10,457,723 127,788 0.20%
PTL $7,949,011 27,785 0.15%
VEA $2,332,155 32,732 0.04%
IVW $2,023,067 14,710 0.04%
IVE $1,917,068 8,443 0.04%
IQLT $876,607 17,691 0.02%
IWY $765,784 2,635 0.01%
NVDA $726,327 3,630 0.01%
DYNF $535,171 7,869 0.01%
VO $471,818 5,856 0.01%
BND $308,082 4,197 0.01%
URI $260,565 230 0.00%
VYM $236,887 1,499 0.00%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VSDB Bought more +4.7M +$359.9M
QUAL Bought more +66K +$105.3M
IVV Bought more +37K +$86.0M
SPYG Trimmed -31K +$68.6M
MTUM Trimmed -11K +$66.5M
SCHF Bought more +281K +$35.5M
VIOO Bought more +29K +$28.7M
VOE Bought more +63K +$24.4M
SCHX Trimmed -32K +$16.8M
VYMI Bought more +21K +$14.2M

2 positions 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
MMIT June 30, 2026 6,575,324 $158,498,187
MMIN June 30, 2025 6,144,016 $145,183,109
BND March 31, 2026 1,565,416 $115,950,359
SHYM Sept. 30, 2025 95,515 $2,130,940
VYM June 30, 2025 14,264 $1,839,486
FAST March 31, 2026 32,890 $1,319,876 9.5%
SMH March 31, 2026 1,509 $543,437 66.1%
MGK March 31, 2026 1,276 $526,695 27.1%
QQQM March 31, 2026 2,067 $522,786
AVUV Dec. 31, 2025 3,132 $311,728
UNH June 30, 2025 495 $259,257 20.6%
PEP June 30, 2025 1,500 $224,910 -4.8%
URI Dec. 31, 2025 230 $219,572 33.5%
DIS Sept. 30, 2025 1,719 $213,156 -9.2%
NDAQ June 30, 2026 2,505 $212,650 17.1%
ELV June 30, 2025 485 $210,956 2.9%
PG June 30, 2025 1,197 $203,993 -6.7%