Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +18.4%
S&P 500 total return (same window) +37.0%
Excess return -18.6%

Annualized: +14.5% · 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: 97.4% · Options excluded: 0.0%

Sector breakdown

04
Technology 26.7%
Healthcare 13.5%
Retail 12.4%
Financials 11.1%
Industrials 4.4%
Communication Services 2.8%
Consumer Discretionary 1.0%
Consumer products 0.8%
Consumer Staples 0.5%
Utilities 0.2%
Real Estate 0.1%
Energy 0.1%
Other/Unmapped 26.3%

Full portfolio 143 positions

05
Type Streak 8Q trend
AAPL Apple Inc. - Common Stock $41,170,126 13.20% 142,280 $5,598,090 Up ×1
LLY Eli Lilly and Company Common Stock $26,071,470 8.36% 21,737 $6,040,890 Down ×6
VOO Vanguard S&P 500 ETF $25,365,158 8.13% 36,932 $9,845,940 Up ×1
MSFT Microsoft Corporation - Common Stock $22,899,728 7.34% 61,390 $-735,089 Down ×6
V Visa Inc. $14,634,997 4.69% 42,656 $1,412,402 Down ×5
SOXX iShares Trust $11,212,454 3.59% 17,499 Up ×1
COST Costco Wholesale Corporation - Common Stock $10,846,148 3.48% 11,594 $-641,533 Up ×1
HD Home Depot, Inc. (The) Common Stock $9,742,315 3.12% 27,624 $162,594 Down ×3
SCHG SCHWAB STRATEGIC TRUST $9,568,150 3.07% 282,747 $1,152,805 Down ×2
MCK McKesson Corporation Common Stock $8,562,753 2.74% 11,332 $-2,862,643 Down ×2
NVDA NVIDIA Corporation - Common Stock $8,456,563 2.71% 42,264 $1,672,994 Up ×5
TJX TJX Companies, Inc. (The) Common Stock $7,783,847 2.50% 51,379 $-170,895 Up ×1
AMZN Amazon.com, Inc. - Common Stock $7,417,624 2.38% 31,122 $1,379,663 Up ×1
JPM JP Morgan Chase & Co. Common Stock $7,238,425 2.32% 22,114 $692,865 Down ×2
SPY SPY $7,143,417 2.29% 9,566 $2,496,490 Up ×1
MA Mastercard Incorporated Common Stock $6,718,024 2.15% 13,080 $130,191 Down ×4
MTUM iShares Trust $5,214,424 1.67% 15,210 Up ×1
SCHX SCHWAB STRATEGIC TRUST $4,903,293 1.57% 166,609 $1,064,775 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $4,602,458 1.48% 12,879 $1,189,515 Up ×1
SCHB SCHWAB STRATEGIC TRUST $3,053,899 0.98% 105,452 $151,399 Down ×1
GOOG Alphabet Inc. - Class C Capital Stock $3,030,302 0.97% 8,576 $525,877 Down ×2
IVV iShares Core S&P 500 ETF $2,760,763 0.89% 3,686 $1,786,932 Up ×2
VGT Vanguard Information Tech ETF $2,665,807 0.85% 22,304 $894,654 Up ×1
AVGO Broadcom Inc. - Common Stock $2,610,871 0.84% 6,912 $722,909 Up ×1
GLW Corning Incorporated Common Stock $2,499,094 0.80% 9,784 $1,375,265 Up ×2
NOC Northrop Grumman Corporation Common Stock $2,333,288 0.75% 4,581 $-1,016,889 Down ×1
SCHD SCHWAB STRATEGIC TRUST $2,290,801 0.73% 72,242 $-3,074,433 Down ×1
JNJ Johnson & Johnson Common Stock $2,272,617 0.73% 8,948 $-172,356 Down ×1
ADP Automatic Data Processing, Inc. - Common Stock $2,210,239 0.71% 9,869 $107,340 Down ×5
COR Cencora, Inc. Common Stock $2,204,096 0.71% 7,789 $-1,509,734 Down ×2
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $2,136,165 0.68% 4,269 $-53,779 Down ×5
ROST Ross Stores, Inc. - Common Stock $1,838,854 0.59% 8,639 $194,021 Up ×3
KMB Kimberly-Clark Corporation - Common Stock $1,755,747 0.56% 15,995 $213,464 Up ×1
SPMO Invesco Exchange-Traded Fund Trust II $1,619,762 0.52% 10,027 $495,635
CAT Caterpillar, Inc. Common Stock $1,484,878 0.48% 1,394 $733,951 Up ×3
MU Micron Technology, Inc. - Common Stock $1,250,096 0.40% 1,083 Up ×1
PLTR Palantir Technologies Inc. - Class A Common Stock $1,132,166 0.36% 9,704 $-484,813 Down ×3
MCD McDonald's Corporation Common Stock $1,095,267 0.35% 4,052 $-189,076 Down ×1
GEV GE Vernova Inc. Common Stock $1,031,865 0.33% 878 $492,235 Up ×2
QQQM Invesco NASDAQ 100 ETF $967,177 0.31% 3,192 $551,342 Up ×1
ABT Abbott Laboratories Common Stock $943,464 0.30% 10,397 $-404,251 Down ×4
MAR Marriott International - Class A Common Stock $920,655 0.30% 2,484 $124,035 Up ×2
KO Coca-Cola Company (The) Common Stock $895,693 0.29% 11,021 $100,903 Up ×2
ACN Accenture plc Class A Ordinary Shares (Ireland) $886,197 0.28% 7,121 $-608,410 Down ×6
GE GE Aerospace Common Stock $864,438 0.28% 2,313 $20,806 Down ×2
SYK Stryker Corporation Common Stock $847,420 0.27% 2,692 $-612,828 Down ×1
AMD Advanced Micro Devices, Inc. - Common Stock $834,783 0.27% 1,437 Up ×1
IWF iShares Trust $811,958 0.26% 6,539 $151,153 Up ×1
AMAT Applied Materials, Inc. - Common Stock $809,863 0.26% 1,120 Up ×1
META Meta Platforms, Inc. - Class A Common Stock $779,740 0.25% 1,384 $67,134 Up ×1
GS Goldman Sachs Group, Inc. (The) Common Stock $779,043 0.25% 770 $102,489 Down ×2
WMT Walmart Inc. - Common Stock $738,171 0.24% 6,517 $-109,359 Down ×1
PG Procter & Gamble Company (The) Common Stock $694,158 0.22% 4,734 $-49,054 Down ×5
IJH iShares Trust $675,267 0.22% 8,757 $80,757 Down ×4
TSLA Tesla, Inc. - Common Stock $648,578 0.21% 1,542 $179,790 Up ×1
MRVL Marvell Technology, Inc. - Common Stock $625,067 0.20% 2,098 Up ×1
LHX L3Harris Technologies, Inc. Common Stock $607,886 0.19% 2,092 $-380,227 Down ×1
COF Capital One Financial Corporation Common Stock $567,554 0.18% 2,829 $58,757 Up ×1
ROL Rollins, Inc. Common Stock $465,366 0.15% 11,149 $-319,696 Down ×2
TXN Texas Instruments Incorporated - Common Stock $462,023 0.15% 1,550 $213,965 Up ×4
FHN First Horizon Corporation Common Stock $440,717 0.14% 17,189 $49,503
INTC Intel Corporation - Common Stock $426,989 0.14% 3,058 Up ×1
ABBV AbbVie Inc. Common Stock $424,728 0.14% 1,688 $327 Down ×2
ETN Eaton Corporation, PLC Ordinary Shares $421,007 0.13% 988 $62,264 Down ×1
PEP PepsiCo, Inc. - Common Stock $387,393 0.12% 2,861 $-41,628 Up ×1
LMT Lockheed Martin Corporation Common Stock $386,101 0.12% 758 $-164,465 Down ×1
DUK Duke Energy Corporation (Holding Company) Common Stock $377,202 0.12% 2,980 $-2,362 Up ×2
TSM Taiwan Semiconductor Manufacturing Company Ltd. $372,982 0.12% 781 $153,652 Up ×1
SNDK Sandisk Corporation - Common Stock $368,344 0.12% 162 Up ×1
SSB SouthState Bank Corporation Common Stock $357,105 0.11% 3,575 $26,381
VTI Vanguard Morningstar Total Stock Market ETF $347,701 0.11% 940 $58,617 Up ×1
MO Altria Group, Inc. $340,247 0.11% 4,729 $39,344 Up ×3
IYY iShares Trust $339,538 0.11% 1,863 $44,957 Up ×1
NKE Nike, Inc. Common Stock $331,497 0.11% 8,075 $-159,661 Down ×4
TRV The Travelers Companies, Inc. Common Stock $319,550 0.10% 968 $83,712 Up ×2
STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) $318,450 0.10% 330 Up ×1
CW Curtiss-Wright Corporation Common Stock $310,812 0.10% 410 Up ×1
MS Morgan Stanley Common Stock $303,730 0.10% 1,453 Up ×1
TFC Truist Financial Corporation Common Stock $301,858 0.10% 6,059 $23,796 Up ×2
IBM International Business Machines Corporation Common Stock $298,421 0.10% 1,061 $-45,664 Down ×2
ED Consolidated Edison, Inc. Common Stock $293,706 0.09% 2,655 $-4,798 Up ×2
NSC Norfolk Southern Corporation Common Stock $290,100 0.09% 922 $4,474 Down ×2
MRK Merck & Company, Inc. Common Stock (new) $289,759 0.09% 2,255 $51,436 Up ×1
AXP American Express Company Common Stock $284,697 0.09% 842 $-66,887 Down ×2
VTC Vanguard Total Corporate Bond ETF $278,900 0.09% 3,632 $-109
YUM Yum! Brands, Inc. $276,505 0.09% 1,730 $3,075 Down ×1
VYM Vanguard High Dividend Yield ETF $262,736 0.08% 1,663 $17,558 Up ×5
CASY Caseys General Stores, Inc. - Common Stock $257,444 0.08% 324 Up ×1
GLD SPDR Gold Shares $254,551 0.08% 691 $-121,092 Down ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $253,502 0.08% 610
Unknown issuer (CUSIP: 438516205) $253,047 0.08% 1,130 Up ×1
SPG Simon Property Group, Inc. Common Stock $243,555 0.08% 1,089 Up ×1
CTAS Cintas Corporation - Common Stock $241,474 0.08% 1,420 $-22,354 Down ×4
HWM Howmet Aerospace Inc. Common Stock $240,663 0.08% 895 $-18,157 Down ×1
BA Boeing Company (The) Common Stock $237,639 0.08% 1,098 Up ×1
CSCO Cisco Systems, Inc. - Common Stock $234,570 0.08% 1,997 Up ×1
C Citigroup, Inc. Common Stock $233,402 0.07% 1,668
CVX Chevron Corporation Common Stock $229,706 0.07% 1,386 $-221,204 Down ×1
AMGN Amgen Inc. - Common Stock $227,465 0.07% 628 $19,118 Up ×1
WFC Wells Fargo & Company Common Stock $225,632 0.07% 2,730 $21,408 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
NVDA $8,456,563 2.71% up ×5
ROST $1,838,854 0.59% up ×3
CAT $1,484,878 0.48% up ×3
TXN $462,023 0.15% up ×4
MO $340,247 0.11% up ×3
VYM $262,736 0.08% up ×5
SCHK $189,731 0.06% up ×4
SCHV $100,999 0.03% up ×4
VB $29,931 0.01% up ×6
SCHM $12,749 0.00% up ×3
BSV $12,170 0.00% up ×6
BNDW $11,350 0.00% up ×6
SCYB $9,246 0.00% up ×5

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
SOXX $11,212,454 17,499 3.59%
MTUM $5,214,424 15,210 1.67%
MU $1,250,096 1,083 0.40%
AMD $834,783 1,437 0.27%
AMAT $809,863 1,120 0.26%
MRVL $625,067 2,098 0.20%
INTC $426,989 3,058 0.14%
SNDK $368,344 162 0.12%
STX $318,450 330 0.10%
CW $310,812 410 0.10%
MS $303,730 1,453 0.10%
CASY $257,444 324 0.08%
UNH $253,502 610 0.08%
Unknown issuer (CUSIP: 438516205) $253,047 1,130 0.08%
SPG $243,555 1,089 0.08%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VOO Bought more +11K +$9.8M
LLY Trimmed -41 +$6.0M
AAPL Bought more +2K +$5.6M
SCHD Trimmed -103K -$3.1M
MCK Trimmed -2K -$2.9M
SPY Bought more +2K +$2.5M
IVV Bought more +2K +$1.8M
NVDA Bought more +3K +$1.7M
COR Trimmed -4K -$1.5M
V Trimmed -1K +$1.4M

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
SPY June 30, 2025 7,878 $4,406,990 No longer tracked
VFMV June 30, 2025 21,502 $2,725,163
XOM June 30, 2026 7,245 $1,229,110 34.0%
MNST March 31, 2026 14,078 $1,079,360 27.5%
UNH June 30, 2025 2,047 $1,072,016 34.0%
NFLX Dec. 31, 2025 434 $520,331 -29.8%
AZO Dec. 31, 2025 103 $441,895 -5.6%
DFS June 30, 2025 2,520 $430,097 No longer tracked
C March 31, 2026 3,681 $429,590 6.4%
T Dec. 31, 2025 15,177 $428,600 -15.7%
HON June 30, 2026 1,801 $407,117 -1.2%
ORCL Dec. 31, 2025 1,300 $365,565 -35.3%
SAP Sept. 30, 2025 1,180 $358,838 -10.9%
SSB (filed as SSBXXXX) Sept. 30, 2025 3,575 $328,973 6.7%
MRSH June 30, 2025 1,315 $320,899 -9.7%
ICE Dec. 31, 2025 1,883 $317,216 0.5%
MGK June 30, 2026 814 $299,031 6.2%
PM Sept. 30, 2025 1,601 $291,511 23.0%
WPC Dec. 31, 2025 4,218 $285,007 -0.7%
IWY March 31, 2026 950 $263,093
ATO June 30, 2026 1,417 $261,688 0.0%
LOW June 30, 2026 1,028 $242,882 -9.9%
RSG March 31, 2026 1,042 $220,844 9.8%
T June 30, 2026 7,602 $220,380 1.1%
RTX June 30, 2026 1,138 $219,548 0.7%
DHR June 30, 2026 1,153 $218,649 21.0%
MDLZ Dec. 31, 2025 3,297 $205,957 18.5%
WM March 31, 2026 932 $204,787 4.2%
TMO March 31, 2026 352 $204,161 37.1%
PH Dec. 31, 2025 269 $203,942 0.2%
SO June 30, 2025 2,202 $202,514 1.2%
IUSV June 30, 2025 180 $16,612
VFH March 31, 2026 45 $5,969
VTWO June 30, 2025 65 $5,242
VYMI June 30, 2026 50 $4,712
FNDE June 30, 2026 46 $1,757
SCHA June 30, 2025 33 $775 30.9%
SCHH Dec. 31, 2025 15 $330 6.8%