Sector breakdown

04
Technology 3.1%
Consumer Discretionary 2.4%
Communication Services 0.8%
Retail 0.7%
Energy 0.4%
Healthcare 0.4%
Real Estate 0.3%
Industrials 0.3%
Consumer products 0.2%
Consumer Staples 0.1%
Materials 0.1%
Financials 0.1%
Other/Unmapped 91.1%

Full portfolio 180 positions

05
Type Streak 8Q trend
CGDV Capital Group Dividend Value ETF $33,605,706 7.50% 681,934 $6,066,554 Up ×3
SPY SPY $24,373,210 5.44% 32,638 $4,683,041 Up ×4
CGBL Capital Group Core Balanced ETF $15,275,908 3.41% 402,421 $3,337,247 Up ×3
XMHQ Invesco Exchange-Traded Fund Trust $14,317,939 3.19% 126,842 $-249,348 Down ×1
FDVV FIDELITY COVINGTON TRUST $11,021,001 2.46% 182,800 $972,969 Up ×2
AVDE AMERICAN CENTURY ETF TRUST $10,041,143 2.24% 112,569 $1,353,951 Up ×3
AVLV AMERICAN CENTURY ETF TRUST $9,177,258 2.05% 100,617 $1,059,081 Down ×3
GLD SPDR Gold Shares $9,136,486 2.04% 24,802 $-1,300,931 Up ×1
SMH SMH $8,989,904 2.01% 13,707 $4,289,630 Up ×6
QQQM Invesco NASDAQ 100 ETF $8,295,362 1.85% 27,380 $1,831,540 Up ×3
SPYM State Street SPDR Portfolio S&P 500 ETF $8,198,295 1.83% 93,290 $413,481 Down ×2
BUFR First Trust Exchange-Traded Fund VIII $7,962,438 1.78% 217,969 $352,678 Down ×1
AIRR First Trust RBA American Industrial Renaissance ETF $7,818,944 1.74% 58,678 $1,598,944 Up ×6
NLR VanEck ETF Trust $7,770,182 1.73% 66,995 $-1,365,692 Down ×1
AVUV AMERICAN CENTURY ETF TRUST $7,151,038 1.60% 57,318 $653,184 Down ×2
FTCS First Trust Capital Strength ETF $6,828,479 1.52% 72,705 $101,853 Up ×1
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund $6,508,172 1.45% 33,940 $577,347 Down ×1
EQWL Invesco Exchange-Traded Fund Trust $6,158,821 1.37% 47,736 $715,433 Up ×3
AVDV AMERICAN CENTURY ETF TRUST $6,090,130 1.36% 59,099 $-290,489 Down ×1
FTSM First Trust Enhanced Short Maturity ETF $5,883,513 1.31% 98,502 $164,806 Up ×1
GDX VanEck Gold Miners ETF $5,700,934 1.27% 75,559 $1,724,629 Up ×1
COPX Global X Funds $5,643,768 1.26% 73,324 $110,369 Up ×1
NVDA NVIDIA Corporation - Common Stock $5,254,414 1.17% 26,260 $731,255 Up ×6
VV Vanguard Morningstar Large-Cap ETF $5,123,372 1.14% 14,897 $831,470 Up ×1
SIL Global X Funds $4,926,391 1.10% 63,599 $1,393,096 Up ×1
QTEC First Trust NASDAQ-100-Technology Sector Index Fund $4,848,409 1.08% 14,486 $1,862,875 Up ×1
CIBR First Trust NASDAQ Cybersecurity ETF $4,802,320 1.07% 53,448 $1,503,504 Up ×6
FTGS First Trust Growth Strength ETF $4,669,699 1.04% 126,201 $201,282 Down ×3
SPYG State Street SPDR Portfolio S&P 500 Growth ETF $4,490,630 1.00% 37,739 $2,593,874 Up ×1
FENI Fidelity Covington Trust $4,343,554 0.97% 108,237 $1,194,908 Up ×2
FEOE RBB Fund Trust $4,161,143 0.93% 77,924 $-32,438 Down ×1
IVV iShares Trust $4,101,868 0.92% 5,477 $1,188,384 Up ×6
FTSL First Trust Senior Loan Fund $3,970,117 0.89% 88,716 $-28,433 Down ×1
RAAX VanEck ETF Trust $3,959,776 0.88% 99,818 $2,439,866 Up ×1
RDVY First Trust Rising Dividend Achievers ETF $3,834,190 0.86% 47,301 $764,681 Up ×6
IDMO Invesco S&P International Developed Momentum ETF $3,775,160 0.84% 62,617 $117,253 Down ×1
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF $3,774,312 0.84% 94,014 $666,045 Up ×3
FDL First Trust Morningstar ETF $3,767,907 0.84% 77,433 $-535,187 Down ×3
FLMX Franklin Templeton ETF Trust $3,727,939 0.83% 101,810 $30,848 Up ×1
XMMO Invesco Exchange-Traded Fund Trust $3,437,189 0.77% 20,202 $512,377 Up ×2
SLV iShares Silver Trust $3,386,885 0.76% 63,342 $-716,915 Up ×3
AVXC Avantis Emerging Markets ex-China Equity ETF $3,324,119 0.74% 38,811 $730,057 Up ×1
SDVY First Trust SMID Cap Rising Dividend Achievers ETF $3,307,064 0.74% 76,659 $-26,368 Down ×1
FXH First Trust Health Care AlphaDEX $3,176,001 0.71% 25,948 $1,668,285 Up ×3
XLP XLP $3,148,365 0.70% 37,900 $-27,106 Down ×6
AAPL Apple Inc. - Common Stock $3,051,070 0.68% 10,544 $418,479 Up ×2
XLG Invesco Exchange-Traded Fund Trust $2,892,556 0.65% 47,241 $703,662 Up ×3
TOUS T. Rowe Price International Equity ETF $2,882,672 0.64% 75,128 $-25,982 Down ×1
RSP Invesco Exchange-Traded Fund Trust $2,856,905 0.64% 13,427 $341,784 Up ×3
QQQ Invesco QQQ Trust, Series 1 $2,747,434 0.61% 3,731 $610,194 Up ×1
FCG First Trust Exchange-Traded Fund $2,744,721 0.61% 103,147 $-2,361,218 Down ×2
CGUS Capital Group Core Equity ETF $2,694,156 0.60% 60,570 $1,764,505 Up ×1
OIH VanEck ETF Trust $2,683,043 0.60% 7,212 $-1,296,408 Down ×1
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF $2,538,714 0.57% 14,480 $238,637 Up ×3
EMLP First Trust Exchange-Traded Fund IV $2,521,523 0.56% 57,963 $49,734 Up ×1
HGER Harbor Commodity All-Weather Strategy ETF $2,445,874 0.55% 83,363 $-220,584 Down ×1
PAVE Global X Funds $2,436,117 0.54% 41,346 $411,494 Up ×1
PULS PGIM ETF Trust $2,391,152 0.53% 48,257 $-257,541 Down ×3
GDXJ VanEck Junior Gold Miners ETF $2,380,424 0.53% 24,227 $-445,227 Up ×2
FVD First Trust Exchange-Traded Fund $2,301,101 0.51% 47,760 $-9,307 Down ×3
MSFT Microsoft Corporation - Common Stock $2,269,025 0.51% 6,083 $-3,938 Down ×1
CGIC Capital Group International Core Equity ETF $2,251,952 0.50% 61,884 $479,998 Up ×3
JIRE JPMorgan International Research Enhanced Equity ETF $2,247,654 0.50% 27,248 $-107,142 Down ×3
PLTM GraniteShares Platinum Shares ETF $2,181,197 0.49% 145,997 $-635,847 Down ×3
TCAF T. Rowe Price Capital Appreciation Equity ETF $2,176,846 0.49% 52,965 $389,742 Up ×1
QGRO AMERICAN CENTURY ETF TRUST $2,154,931 0.48% 18,255 $-1,405,369 Down ×3
AMZN Amazon.com, Inc. - Common Stock $2,104,778 0.47% 8,831 $139,336 Down ×1
SPDW State Street SPDR Portfolio Developed World ex-US ETF $2,020,865 0.45% 40,104 $78,004 Down ×2
PPA Invesco Exchange-Traded Fund Trust $1,949,795 0.43% 11,038 $274,716 Up ×3
COWZ Pacer Funds Trust $1,818,061 0.41% 29,229 $-40,636 Down ×4
REMX VanEck ETF Trust $1,782,511 0.40% 20,141 $430,567 Up ×1
FPX First Trust US Equity Opportunities ETF $1,656,377 0.37% 8,034 $384,206 Up ×1
AVRE AMERICAN CENTURY ETF TRUST $1,649,676 0.37% 34,818 $128,298 Up ×1
ALAI Alger ETF Trust $1,635,955 0.36% 35,845 $500,278 Up ×3
TSLA Tesla, Inc. - Common Stock $1,621,412 0.36% 3,855 $342,585 Up ×1
JAAA Janus Henderson AAA CLO ETF $1,613,378 0.36% 31,954 $176,912 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $1,603,221 0.36% 4,486 $330,111 Up ×2
FEGE First Eagle Global Equity ETF $1,566,981 0.35% 32,032 $57,975 Down ×1
FTGC First Trust Global Tactical Commodity Strategy Fund $1,547,850 0.35% 57,222 $-178,974 Down ×6
EPR EPR Properties Common Stock $1,544,748 0.34% 26,629 $214,363
ARKK ARK ETF Trust $1,416,378 0.32% 17,525 Up ×1
AVEM AMERICAN CENTURY ETF TRUST $1,414,146 0.32% 14,656 $519,303 Up ×1
SILJ Amplify Junior Silver Miners ETF $1,337,601 0.30% 51,605 $-196,099
VOLT Tema Electrification ETF $1,273,752 0.28% 30,407 $269,765 Up ×1
BKUI BNY Mellon ETF Trust $1,244,237 0.28% 25,001 $-107,208 Down ×2
FDN First Trust Exchange-Traded Fund $1,238,098 0.28% 4,677 $97,084 Down ×5
WTV WisdomTree Trust $1,208,663 0.27% 11,882 $151,130 Up ×5
AVSC AMERICAN CENTURY ETF TRUST $1,185,235 0.26% 16,161 $156,838 Down ×2
FPE First Trust Preferred Securities and Income ETF ETF $1,145,636 0.26% 64,074 $155,499 Up ×3
XLK SELECT SECTOR SPDR TRUST $1,117,140 0.25% 5,864 $345,182 Up ×1
AVSF AMERICAN CENTURY ETF TRUST $1,062,358 0.24% 22,813 $-343,512 Down ×2
TTEQ T. Rowe Price Technology ETF $1,056,663 0.24% 23,692 $423,840 Up ×1
FNY First Trust Mid Cap Growth AlphaDEX Fund $1,042,916 0.23% 9,408 $222,852 Up ×1
AMAT Applied Materials, Inc. - Common Stock $996,698 0.22% 1,379 $521,757 Down ×1
PVAL Putnam Focused Large Cap Value ETF $961,172 0.21% 18,865 Up ×1
IEO iShares Trust $937,502 0.21% 8,536 $-84,565 Up ×1
BUFQ First Trust Exchange-Traded Fund VIII $930,231 0.21% 23,688 $58,956 Down ×3
CLOI VanEck ETF Trust $919,566 0.21% 17,367 $-392,082 Down ×3
GOOG Alphabet Inc. - Class C Capital Stock $911,721 0.20% 2,580 $142,290 Down ×1
URA Global X Uranium ETF $910,113 0.20% 20,826 $-110,579 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
CGDV $33,605,706 7.50% up ×3
SPY $24,373,210 5.44% up ×4
CGBL $15,275,908 3.41% up ×3
AVDE $10,041,143 2.24% up ×3
SMH $8,989,904 2.01% up ×6
QQQM $8,295,362 1.85% up ×3
AIRR $7,818,944 1.74% up ×6
EQWL $6,158,821 1.37% up ×3
NVDA $5,254,414 1.17% up ×6
CIBR $4,802,320 1.07% up ×6
IVV $4,101,868 0.92% up ×6
RDVY $3,834,190 0.86% up ×6
COWG $3,774,312 0.84% up ×3
SLV $3,386,885 0.76% up ×3
FXH $3,176,001 0.71% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
ARKK $1,416,378 17,525 0.32%
PVAL $961,172 18,865 0.21%
VNLA $578,575 11,840 0.13%
AIQ $497,287 7,579 0.11%
BKDV $449,436 13,420 0.10%
AGIX $394,017 8,403 0.09%
AMD $366,554 631 0.08%
ISRG $352,345 886 0.08%
FTHI $318,637 13,360 0.07%
FTQI $302,413 13,690 0.07%
XSD $300,482 482 0.07%
LMBS $297,734 5,981 0.07%
CHRW $285,900 1,518 0.06%
CAT $255,598 240 0.06%
MU $252,790 219 0.06%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
CGDV Bought more +35K +$6.1M
SPY Bought more +2K +$4.7M
SMH Bought more +1K +$4.3M
CGBL Bought more +55K +$3.3M
SPYG Bought more +18K +$2.6M
RAAX Bought more +62K +$2.4M
FCG Trimmed -58K -$2.4M
QTEC Bought more +663 +$1.9M
QQQM Bought more +178 +$1.8M
CGUS Bought more +36K +$1.8M

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
AVLV June 30, 2025 150,032 $9,783,607
AVUV June 30, 2025 69,216 $6,033,601
VNLA March 31, 2026 87,910 $4,319,910
EQWL June 30, 2025 41,192 $4,246,465
QQQM June 30, 2025 21,219 $4,095,602
AVDV June 30, 2025 58,645 $4,089,891
CGBL June 30, 2025 131,456 $4,072,506
FTGS June 30, 2025 133,837 $3,981,699
XMHQ June 30, 2025 42,392 $3,880,124
BUFR June 30, 2025 128,881 $3,826,488
PULS June 30, 2025 73,735 $3,666,858
SILJ June 30, 2025 281,104 $3,406,979
QGRO June 30, 2025 33,641 $3,151,137
KNG June 30, 2025 61,509 $3,107,476
BKUI June 30, 2025 59,304 $2,957,464
REPX June 30, 2025 94,590 $2,759,207 No longer tracked
QQQ June 30, 2025 5,781 $2,710,635 35.0%
XMMO June 30, 2025 21,549 $2,451,404
FXN Dec. 31, 2025 146,422 $2,386,713
JMEE June 30, 2025 42,163 $2,360,282
FLMX June 30, 2025 85,406 $2,138,122
SDVY June 30, 2025 54,945 $1,840,731
IHDG Sept. 30, 2025 40,681 $1,832,685
CLOI June 30, 2025 34,403 $1,817,857
KBWP June 30, 2025 13,997 $1,743,943
FTHI Sept. 30, 2025 74,652 $1,705,817
FCX March 31, 2026 31,494 $1,599,573 23.5%
XLF Sept. 30, 2025 29,879 $1,564,740 0.0%
PLTM June 30, 2025 161,364 $1,561,999 27.1%
JAAA June 30, 2025 30,028 $1,522,746
AVRE June 30, 2025 33,993 $1,462,034
RSP June 30, 2025 7,624 $1,320,734 16.2%
GOLD June 30, 2025 54,645 $1,062,298 87.7%
REPX March 31, 2026 37,168 $981,229 No longer tracked
CGCV June 30, 2026 31,362 $934,904
AVSC June 30, 2025 16,751 $810,766
PRAX Dec. 31, 2025 14,483 $767,599 -3.8%
AVEM June 30, 2025 12,341 $742,567
BUFQ June 30, 2025 23,818 $711,208
TCAF June 30, 2025 19,728 $636,835
PRAX June 30, 2025 16,413 $621,563 574.3%
RSPH June 30, 2025 19,526 $580,913 28.0%
SPHQ June 30, 2026 7,353 $552,871
CNR March 31, 2026 5,955 $527,092 -13.1%
BLOK June 30, 2025 13,505 $498,058
AVDE June 30, 2025 7,429 $492,320
DFUS June 30, 2025 7,504 $453,842
PSP March 31, 2026 6,507 $436,446 1.8%
PXE June 30, 2025 14,169 $414,869
ARCC March 31, 2026 20,193 $408,497 4.4%
CGDV June 30, 2025 11,405 $406,475
HUT June 30, 2026 6,567 $308,058 -22.7%
AR March 31, 2026 8,340 $287,396 -18.3%
AVGO June 30, 2025 1,716 $287,390 31.5%
SGOV June 30, 2025 2,850 $286,910 0.0%
BIL June 30, 2025 3,010 $276,108
FTRI June 30, 2026 14,702 $262,436
NEE March 31, 2026 3,206 $257,374 -17.9%
PLTR Dec. 31, 2025 1,405 $256,299 6.6%
CGGR June 30, 2025 7,351 $251,779
OUNZ June 30, 2026 5,546 $249,847
SLB June 30, 2026 4,601 $236,438 8.2%
OXY March 31, 2026 5,722 $235,306 -10.3%
SQQQ June 30, 2026 2,881 $231,892
CVX June 30, 2026 1,096 $226,741 24.6%
CL Sept. 30, 2025 2,486 $225,978 7.8%
EPI March 31, 2026 4,805 $222,416
APLD June 30, 2026 9,200 $218,408 -33.8%
AVUS June 30, 2025 2,333 $215,522
MCD June 30, 2025 685 $213,985 -20.2%
HL Sept. 30, 2025 35,520 $212,766 40.6%
MSOS June 30, 2025 81,433 $212,540
JPM Sept. 30, 2025 715 $207,394 5.4%
EPD June 30, 2026 5,480 $207,363 0.1%
NFLX June 30, 2026 2,150 $206,724 -5.5%
FMB March 31, 2026 3,952 $202,087
MCD Dec. 31, 2025 663 $201,481 -23.8%
EPD June 30, 2025 5,880 $200,743 18.7%
KBWP Dec. 31, 2025 1,620 $200,365
GAB June 30, 2025 11,920 $65,679 -10.1%
FSM June 30, 2025 10,000 $61,000 70.3%
CRON June 30, 2025 10,625 $19,232 70.2%