Sector breakdown

04
Technology 19.2%
Healthcare 11.0%
Financials 7.8%
Industrials 7.7%
Communication Services 7.5%
Retail 6.5%
Consumer Discretionary 2.1%
Utilities 1.8%
Energy 0.9%
Materials 0.5%
Consumer products 0.3%
Consumer Staples 0.2%
Real Estate 0.2%
Other/Unmapped 34.3%

Full portfolio 237 positions

05
Type Streak 8Q trend
SPY SPY $35,999,641 7.54% 48,207 $4,536,172 Down ×1
GOOGL Alphabet Inc. - Class A Common Stock $26,548,477 5.56% 74,288 $5,187,668 Up ×6
JPST J.P. Morgan Exchange-Traded Fund Trust $20,216,000 4.23% 399,763 $3,900,620 Up ×2
AAPL Apple Inc. - Common Stock $20,090,877 4.21% 69,432 $2,513,608 Up ×6
AMZN Amazon.com, Inc. - Common Stock $19,354,877 4.05% 81,207 $2,335,884 Down ×1
GLD SPDR Gold Shares $15,611,945 3.27% 42,380 $-2,918,064 Down ×6
NVDA NVIDIA Corporation - Common Stock $13,073,936 2.74% 65,340 $1,630,218 Down ×1
DBC Invesco DB Commodity Index Tracking Fund $12,685,087 2.66% 475,810 $-1,370,510 Down ×2
MSFT Microsoft Corporation - Common Stock $12,434,760 2.60% 33,335 $3,765,964 Up ×6
MRVL Marvell Technology, Inc. - Common Stock $11,210,063 2.35% 37,632 $7,479,606 Down ×1
JPM JP Morgan Chase & Co. Common Stock $10,042,984 2.10% 30,682 $1,004,742 Down ×1
AMD Advanced Micro Devices, Inc. - Common Stock $9,477,548 1.98% 16,315 $6,173,030 Up ×4
MINT PIMCO ETF Trust $9,240,533 1.93% 91,663 $3,233,870 Up ×6
QQQ Invesco QQQ Trust, Series 1 $8,186,035 1.71% 11,116 $1,908,459 Up ×1
WM Waste Management, Inc. Common Stock $8,007,205 1.68% 35,926 $-561,340 Down ×1
IJR iShares Trust $7,819,445 1.64% 52,724 $1,183,803 Down ×2
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $7,415,280 1.55% 14,819 $343,246 Up ×3
COST Costco Wholesale Corporation - Common Stock $6,349,349 1.33% 6,787 $-531,296 Down ×1
HELO J.P. Morgan Exchange-Traded Fund Trust $6,235,848 1.31% 92,274 $462,814 Up ×2
PHYS Sprott Physical Gold Trust ETV $6,080,077 1.27% 201,527 $-1,144,801 Down ×2
ETR Entergy Corporation Common Stock $5,801,281 1.21% 50,507 $72,034 Down ×1
V Visa Inc. $5,482,667 1.15% 15,980 $574,225 Down ×2
BX Blackstone Inc. Common Stock $5,342,353 1.12% 3,886 $4,912,623 Up ×1
BE Bloom Energy Corporation Class A Common Stock $5,342,353 1.12% 17,649 $2,395,716 Down ×1
JNJ Johnson & Johnson Common Stock $5,089,171 1.07% 20,038 $128,289 Down ×1
DGX Quest Diagnostics Incorporated Common Stock $5,028,853 1.05% 23,727 $266,132 Down ×2
BFLY Butterfly Network, Inc. Class A Common Stock $4,517,095 0.95% 536,472 $3,061,369 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $4,516,751 0.95% 12,783 $883,760 Up ×1
IBIT iShares Bitcoin Trust ETF $4,141,443 0.87% 124,405 $-702,090 Down ×1
NPCE Neuropace, Inc. - Common Stock $3,324,173 0.70% 209,199 $556,505 Down ×2
XHB SPDR SERIES TRUST $3,199,510 0.67% 27,687 $466,249
AMAT Applied Materials, Inc. - Common Stock $3,164,549 0.66% 4,377 $1,650,341 Down ×4
UBER Uber Technologies, Inc. Common Stock $3,110,097 0.65% 43,100 $539,533 Up ×2
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $3,098,349 0.65% 4,060 $1,510,160 Down ×1
META Meta Platforms, Inc. - Class A Common Stock $2,901,240 0.61% 5,151 $-139,879 Down ×1
CAT Caterpillar, Inc. Common Stock $2,881,886 0.60% 2,706 $991,296 Up ×6
IBM International Business Machines Corporation Common Stock $2,818,896 0.59% 10,024 $363,037 Down ×3
CARL Carlsmed, Inc. - Common Stock $2,774,554 0.58% 267,298 Up ×1
BAC Bank of America Corporation Common Stock $2,751,380 0.58% 48,287 $328,156 Down ×2
MCD McDonald's Corporation Common Stock $2,548,627 0.53% 9,429 $-498,749 Down ×3
ITW Illinois Tool Works Inc. Common Stock $2,511,108 0.53% 9,284 $55,686 Down ×3
CDNA CareDx, Inc. - Common Stock $2,363,961 0.49% 82,946 $1,731,883 Up ×1
OEF iShares Trust $2,345,959 0.49% 6,412 $306,494
TMO Thermo Fisher Scientific Inc Common Stock $2,285,115 0.48% 4,558 $8,405 Down ×2
AAP Advance Auto Parts Inc. $2,232,315 0.47% 35,878 $323,099 Down ×2
CRM Salesforce, Inc. Common Stock $2,149,060 0.45% 13,718 $-540,177 Down ×1
ABSI Absci Corporation - Common Stock $2,123,207 0.44% 183,193 Up ×1
MSCI MSCI Inc. Common Stock $1,963,976 0.41% 3,507 $19,855 Down ×2
MSTB ETF Series Solutions $1,954,795 0.41% 45,578 $190,050 Down ×2
BW Babcock & Wilcox Enterprises, Inc. Common Stock $1,888,371 0.40% 133,927 $-3,478,342 Down ×1
VOO VANGUARD INDEX FUNDS $1,854,317 0.39% 2,700 $809,555 Up ×1
XMTR Xometry, Inc. - Class A Common Stock $1,746,144 0.37% 18,091 $1,019,192 Up ×3
JMOM J.P. Morgan Exchange-Traded Fund Trust $1,712,704 0.36% 20,041 $357,767 Up ×1
XLV SELECT SECTOR SPDR TRUST $1,706,323 0.36% 10,755 $23,097 Down ×2
APH Amphenol Corporation Common Stock $1,626,097 0.34% 9,222 $464,037 Up ×6
QS QuantumScape Corporation - Common Stock $1,564,081 0.33% 206,889 $1,267,870 Up ×5
LLY Eli Lilly and Company Common Stock $1,434,790 0.30% 1,196 $424,087 Up ×5
ETN Eaton Corporation, PLC Ordinary Shares $1,394,753 0.29% 3,273 $226,207 Up ×2
PG Procter & Gamble Company (The) Common Stock $1,393,499 0.29% 9,503 $25,025 Up ×1
DFTX Definium Therapeutics, Inc. - Common Shares $1,377,661 0.29% 29,287 $660,103 Down ×1
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $1,372,836 0.29% 86,451 $-124,489
EFA iShares Trust $1,337,968 0.28% 12,880 $102,453 Up ×1
PLTR Palantir Technologies Inc. - Class A Common Stock $1,336,572 0.28% 11,456 $1,121,101 Up ×1
TSCO Tractor Supply Company - Common Stock $1,327,542 0.28% 41,997 $-724,807 Down ×2
IYW iShares Trust $1,311,596 0.27% 5,200 $368,212
AVGO Broadcom Inc. - Common Stock $1,280,929 0.27% 3,391 $308,096 Up ×4
PALC Pacer Funds Trust $1,266,722 0.27% 21,200 $122,446 Down ×1
NKE Nike, Inc. Common Stock $1,239,456 0.26% 30,194 $-1,594,577 Down ×3
OXY Occidental Petroleum Corporation Common Stock $1,163,561 0.24% 23,956 $-404,583 Down ×5
NET Cloudflare, Inc. Class A Common Stock $1,146,684 0.24% 4,675 $195,662 Up ×4
RSP Invesco Exchange-Traded Fund Trust $1,139,227 0.24% 5,354 $-52,264 Down ×1
JOET Virtus ETF Trust II $1,133,262 0.24% 24,484 $13,368 Down ×6
TSLA Tesla, Inc. - Common Stock $1,125,527 0.24% 2,676 $113,995 Down ×1
SHY iShares 1-3 Year Treasury Bond ETF $1,100,194 0.23% 13,399 $-4,697,479 Down ×1
HLT Hilton Worldwide Holdings Inc. Common Stock $1,051,601 0.22% 3,182 $58,491 Down ×2
DSGN Design Therapeutics, Inc. - Common Stock $1,038,136 0.22% 71,744 $278,354 Up ×3
SIBN SI-BONE, Inc. - Common Stock $1,030,870 0.22% 63,166 $582,100 Up ×1
TSHA Taysha Gene Therapies, Inc. - Common Stock $1,015,869 0.21% 149,173 $360,079 Up ×1
WCN Waste Connections, Inc. Common Shares $997,067 0.21% 5,983 $13,007 Down ×2
BSX Boston Scientific Corporation Common Stock $987,701 0.21% 23,142 $-478,266 Down ×3
SPGI S&P Global Inc. Common Stock $972,850 0.20% 2,389 $-71,904 Down ×3
MTUM iShares Trust $966,310 0.20% 2,819 $281,793 Down ×1
NOW ServiceNow, Inc. Common Stock $965,003 0.20% 9,720 $-88,339 Down ×1
VLO Valero Energy Corporation Common Stock $917,270 0.19% 3,522 $47,053
SSO ProShares Trust $892,774 0.19% 13,250 $205,898 Up ×2
RECS Columbia ETF Trust I $885,293 0.19% 20,455 $101,639 Up ×1
NVAX Novavax, Inc. - Common Stock $875,561 0.18% 92,947 $125,777 Up ×1
IDYA IDEAYA Biosciences, Inc. - Common Stock $864,590 0.18% 23,198 $101,961 Up ×1
LMT Lockheed Martin Corporation Common Stock $863,153 0.18% 1,694 $-164,129 Down ×1
JOBY Joby Aviation, Inc. Common Stock $853,769 0.18% 95,714 $211,884 Up ×1
SNOW Snowflake Inc. Common Stock $842,899 0.18% 3,312 $338,710 Down ×1
WMT Walmart Inc. - Common Stock $838,890 0.18% 7,407 $-79,543 Up ×6
ACN Accenture plc Class A Ordinary Shares (Ireland) $829,108 0.17% 6,663 $-493,459 Down ×3
SNDX Syndax Pharmaceuticals, Inc. - Common Stock $822,614 0.17% 37,631 $-45,981 Up ×1
VTI VANGUARD INDEX FUNDS $806,515 0.17% 2,180 $109,292 Up ×1
BALT Innovator Defined Wealth Shield ETF $791,603 0.17% 23,099 $5,911 Down ×3
BEAM Beam Therapeutics Inc. - Common Stock $779,957 0.16% 22,726 $247,404 Up ×1
TEM Tempus AI, Inc. - Class A Common Stock $765,951 0.16% 13,222 $565,355 Up ×1
XOM Exxon Mobil Corporation Common Stock $763,925 0.16% 5,588 $-167,391 Up ×4
PMAY Innovator U.S. Equity Power Buffer ETF - May $758,021 0.16% 18,354 $-156,531 Down ×1

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
GOOGL $26,548,477 5.56% up ×6
AAPL $20,090,877 4.21% up ×6
MSFT $12,434,760 2.60% up ×6
AMD $9,477,548 1.98% up ×4
MINT $9,240,533 1.93% up ×6
BRK-B (filed as BRKB) $7,415,280 1.55% up ×3
CAT $2,881,886 0.60% up ×6
XMTR $1,746,144 0.37% up ×3
APH $1,626,097 0.34% up ×6
QS $1,564,081 0.33% up ×5
LLY $1,434,790 0.30% up ×5
AVGO $1,280,929 0.27% up ×4
NET $1,146,684 0.24% up ×4
DSGN $1,038,136 0.22% up ×3
WMT $838,890 0.18% up ×6

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
CARL $2,774,554 267,298 0.58%
ABSI $2,123,207 183,193 0.44%
C $756,108 5,402 0.16%
SDGR $662,399 40,763 0.14%
BBOT $652,455 85,624 0.14%
CCCC $618,388 132,417 0.13%
CHGG $582,428 576,661 0.12%
LXEO $534,129 114,743 0.11%
Unknown issuer (CUSIP: 15675D103) $532,389 2,409 0.11%
MU $514,871 446 0.11%
FHTX $447,687 91,739 0.09%
SPMO $429,697 2,660 0.09%
OABI $398,459 161,975 0.08%
Unknown issuer (CUSIP: 010911105) $393,672 14,532 0.08%
Unknown issuer (CUSIP: 438516205) $377,161 1,685 0.08%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
MRVL Trimmed -30 +$7.5M
AMD Bought more +71 +$6.2M
GOOGL Bought more +5 +$5.2M
SPY Trimmed -173 +$4.5M
JPST Bought more +77K +$3.9M
MSFT Bought more +10K +$3.8M
BW Trimmed -231K -$3.5M
MINT Bought more +32K +$3.2M
BFLY Bought more +176K +$3.1M
GLD Trimmed -684 -$2.9M

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
JPST Sept. 30, 2025 388,328 $19,680,472
HELO Sept. 30, 2025 83,999 $5,256,634
GBTC March 31, 2026 67,259 $4,597,826 23.4%
UNH June 30, 2025 7,089 $3,712,730 19.2%
XLRE Sept. 30, 2025 81,941 $3,393,982 No longer tracked
FISV Sept. 30, 2025 18,896 $3,257,860 -65.6%
SHW Dec. 31, 2025 8,785 $3,016,798 -1.4%
XLV Sept. 30, 2025 19,547 $2,634,702 19.4%
CHD Sept. 30, 2025 26,216 $2,519,623 7.6%
WSM June 30, 2026 13,676 $2,493,513 -0.3%
XHB Sept. 30, 2025 24,900 $2,454,393 -12.7%
SJM June 30, 2025 19,210 $2,274,635 19.3%
GOOG Sept. 30, 2025 12,501 $2,217,521 39.7%
OEF Sept. 30, 2025 6,746 $2,053,146
MSTB Sept. 30, 2025 52,215 $1,944,144
DIS Dec. 31, 2025 15,403 $1,692,920 -10.2%
UNH Dec. 31, 2025 4,303 $1,389,407 12.7%
LEN March 31, 2026 12,861 $1,322,143 -8.1%
FDS Dec. 31, 2025 4,603 $1,301,579 -8.3%
QURE Dec. 31, 2025 21,778 $1,271,182 -2.0%
FOX Sept. 30, 2025 24,329 $1,256,082 -2.4%
EFA Sept. 30, 2025 12,676 $1,133,114
PALC Sept. 30, 2025 21,035 $1,039,148
JMOM Sept. 30, 2025 15,279 $982,287
ETHA Dec. 31, 2025 29,280 $922,613
IYW Sept. 30, 2025 5,200 $901,004 35.9%
CMCSA Dec. 31, 2025 28,611 $898,953 -23.0%
HON June 30, 2026 3,325 $751,441 -4.4%
CDTX March 31, 2026 3,283 $725,182 No longer tracked
PMAY Sept. 30, 2025 18,354 $693,565
VTI Sept. 30, 2025 2,280 $693,024
EVMN June 30, 2026 29,931 $688,114 -47.9%
ETHE March 31, 2026 28,095 $684,676 25.5%
MTUM Sept. 30, 2025 2,840 $682,469
PLTR Sept. 30, 2025 4,876 $664,697 3.5%
SSO Sept. 30, 2025 6,525 $637,580
XLY Sept. 30, 2025 2,818 $612,521 No longer tracked
XLP Sept. 30, 2025 7,081 $573,313 No longer tracked
BX Sept. 30, 2025 3,633 $543,368 -34.6%
MNMD March 31, 2026 39,002 $522,237 No longer tracked
ERAS March 31, 2026 139,385 $518,513 -8.9%
IMMX June 30, 2026 55,232 $503,164 -6.1%
CMRX June 30, 2025 58,954 $501,699 No longer tracked
VOO Sept. 30, 2025 881 $500,295
ARVN Sept. 30, 2025 66,858 $492,075 -13.0%
XLE Sept. 30, 2025 5,614 $476,144 40.6%
TIP June 30, 2025 4,193 $465,825
OFIX June 30, 2026 40,373 $463,079 -0.5%
BBNX Sept. 30, 2025 29,579 $430,671 -4.6%
LXEO Dec. 31, 2025 61,276 $406,873 -64.5%
MNKD Sept. 30, 2025 101,438 $379,379 -29.2%
PSLV June 30, 2025 31,607 $366,642
OCS June 30, 2026 13,711 $364,576 -37.1%
MUB Sept. 30, 2025 3,345 $349,508
EEM Sept. 30, 2025 6,872 $331,484
HRTX June 30, 2026 412,496 $330,039 -19.2%
IJR Sept. 30, 2025 3,011 $329,106 16.4%
SGHT Sept. 30, 2025 79,404 $327,939 148.0%
RXST March 31, 2026 30,789 $320,822 -24.0%
RDDT Sept. 30, 2025 2,111 $317,854 -35.7%
TEAM March 31, 2026 1,941 $314,714 175.3%
BWAY March 31, 2026 16,320 $310,407 -5.9%
SDGR Dec. 31, 2025 14,390 $288,664 69.5%
CRMD June 30, 2025 46,598 $287,044 -41.6%
TECX March 31, 2026 13,046 $272,140 -27.1%
QURE June 30, 2025 25,400 $269,240 68.3%
NVAX Dec. 31, 2025 31,045 $269,161 55.7%
CRWV Dec. 31, 2025 1,954 $267,405 25.2%
CVS Dec. 31, 2025 3,995 $266,956 8.9%
BBNX March 31, 2026 8,729 $265,973 89.2%
OSCR Dec. 31, 2025 14,044 $265,853 115.3%
XLU Sept. 30, 2025 3,237 $264,313 No longer tracked
GHRS Sept. 30, 2025 21,651 $263,926 60.4%
XGN March 31, 2026 43,345 $263,538 172.3%
AKRO Sept. 30, 2025 4,910 $261,998 No longer tracked
CSCO Sept. 30, 2025 3,748 $260,006 64.0%
MYO June 30, 2025 53,753 $258,552 No longer tracked
SHOP March 31, 2026 1,600 $257,552 27.6%
HGER June 30, 2025 10,531 $253,271 46.6%
MDGL Dec. 31, 2025 545 $249,970 -14.2%
ADP Sept. 30, 2025 803 $247,493 -12.2%
REZI Dec. 31, 2025 5,546 $239,477 -47.8%
IWF June 30, 2026 560 $238,784 1.7%
SYK Sept. 30, 2025 603 $238,698 -25.5%
ECL Sept. 30, 2025 877 $236,299 -0.1%
DAL Sept. 30, 2025 4,791 $235,622 48.2%
INTU Sept. 30, 2025 297 $233,927 -58.8%
GEV Sept. 30, 2025 432 $228,736 60.8%
GDX Sept. 30, 2025 4,345 $226,201 14.9%
TJX Sept. 30, 2025 1,819 $224,629 -8.2%
MMM Sept. 30, 2025 1,472 $224,060 4.3%
SCI Dec. 31, 2025 2,683 $223,280 -1.1%
AGG Sept. 30, 2025 2,180 $216,256
TMCI June 30, 2025 25,690 $215,540 -25.3%
SYK March 31, 2026 604 $212,447 -16.2%
SMH Sept. 30, 2025 759 $211,553 93.2%
BITB June 30, 2026 5,676 $208,934
SSUS March 31, 2026 4,266 $207,968
COR June 30, 2026 661 $207,647 9.2%
MRSH June 30, 2026 1,183 $205,216 2.0%
MRSH Sept. 30, 2025 934 $204,126 -15.6%
FOX March 31, 2026 3,132 $203,386 5.3%
MMM March 31, 2026 1,270 $203,263 11.5%
ZLAB June 30, 2025 5,612 $202,818 -30.4%
CRVS March 31, 2026 26,255 $202,164 -25.5%
EXE March 31, 2026 1,820 $200,856 -22.1%
ORIC June 30, 2026 15,548 $196,994 12.7%
WVE March 31, 2026 11,356 $193,052 -47.9%
ORGO Sept. 30, 2025 41,060 $150,280 -68.5%
DVAX Sept. 30, 2025 15,065 $149,445 No longer tracked
GRCE Sept. 30, 2025 48,541 $144,167 -30.5%
ORGO June 30, 2026 57,849 $137,103 -45.3%
ARDX June 30, 2025 27,638 $135,703 -14.8%
TMCI Dec. 31, 2025 20,022 $134,348 79.2%
CGEM Sept. 30, 2025 17,008 $128,071 161.6%
NOK March 31, 2026 18,143 $117,386 31.8%
ASRT June 30, 2025 171,176 $115,476 No longer tracked
MDXG Sept. 30, 2025 18,435 $112,638 -34.2%
TRAW June 30, 2026 61,175 $111,951 -32.3%
ELEV Sept. 30, 2025 295,328 $108,415 No longer tracked
FTNY June 30, 2026 10,123 $78,958
VERV June 30, 2025 15,845 $72,412 No longer tracked
VTYX Sept. 30, 2025 27,270 $58,358 No longer tracked
BBIN Dec. 31, 2025 416,315 $51,897
GCOW Dec. 31, 2025 39,497 $29,715
INZY June 30, 2025 29,784 $27,104 No longer tracked
XLC Dec. 31, 2025 123,809 $4,380 -6.3%
SPYM Dec. 31, 2025 28,049 $471 12.9%