Sector breakdown

04
Retail 0.1%
Consumer Staples 0.0%
Technology 0.0%
Communication Services 0.0%
Health Care 0.0%
Financials 0.0%
Energy 0.0%
Consumer products 0.0%
Materials 0.0%
Industrials 0.0%
Other/Unmapped 99.8%

Full portfolio 49 positions

05
Type Streak 8Q trend
VOO VANGUARD INDEX FUNDS $137,217,083 22.14% 199,789 $19,242,786 Up ×6
IWR iShares Trust $124,001,886 20.01% 1,124,020 $104,662,742 Up ×2
VO VANGUARD INDEX FUNDS $75,769,237 12.23% 940,415 $4,132,473 Up ×6
SPY SPY $71,911,711 11.60% 96,297 $18,886,239 Up ×1
HYLB DBX ETF Trust $58,748,921 9.48% 1,608,678 $-572,571 Down ×1
VEU VANGUARD INTERNATIONAL EQUITY INDEX FUNDS $44,661,902 7.21% 533,277 $5,774,146 Up ×6
VBR VANGUARD INDEX FUNDS $26,994,111 4.36% 111,091 $5,583,472 Up ×6
RSP Invesco Exchange-Traded Fund Trust $15,328,544 2.47% 72,043 $1,949,417 Up ×1
VBK VANGUARD INDEX FUNDS $11,614,266 1.87% 31,759 $2,025,989 Up ×1
IJR iShares Trust $9,381,794 1.51% 63,258 $1,131,339 Down ×3
SPHQ Invesco Exchange-Traded Fund Trust $8,729,846 1.41% 96,887 $1,141,620 Down ×2
QUAL iShares Trust $8,584,362 1.39% 39,117 $1,203,705 Up ×1
QQQ Invesco QQQ Trust, Series 1 $5,891,200 0.95% 8,000 Up ×1
EWJ iShares, Inc. $3,780,326 0.61% 40,531 $375,452 Up ×1
XSW SPDR SERIES TRUST $3,779,772 0.61% 22,000 $-62,058 Down ×1
ANGL VanEck ETF Trust $3,623,216 0.58% 123,913 $199,304 Up ×1
VTI VANGUARD INDEX FUNDS $2,960,320 0.48% 8,000 Up ×1
IWN iShares Trust $2,451,781 0.40% 11,084 $176,891 Down ×1
SDY SPDR SERIES TRUST $1,438,862 0.23% 9,455 Up ×1
IWV iShares Trust $1,066,000 0.17% 2,500 Up ×1
IWP iShares Trust $654,160 0.11% 4,468 $82,360 Up ×6
LESL Leslie's, Inc. - Common Stock $585,655 0.09% 57,700 $419,895 Down ×1
OTLY Oatly Group AB - American Depositary Shares $106,590 0.02% 11,400 $4,176 Up ×1
ADBE Adobe Inc. - Common Stock $56,381 0.01% 275 $22,350 Up ×2
ASAN Asana, Inc. Class A Common Stock $47,425 0.01% 6,775 $7,745 Up ×3
GTM ZoomInfo Technologies Inc. - Common Stock $46,880 0.01% 16,000 $33,425 Up ×2
SSTK Shutterstock, Inc. Common Stock $44,026 0.01% 3,156 $13,713 Up ×1
XRAY DENTSPLY SIRONA Inc. - Common Stock $32,891 0.01% 3,100 $-3,069
BLKB Blackbaud, Inc. - Common Stock $25,918 0.00% 875 $18,196 Up ×3
DOCU DocuSign, Inc. - Common Stock $22,210 0.00% 500 $2,061 Up ×1
MRVI Maravai LifeSciences Holdings, Inc. - Class A common stock $12,480 0.00% 2,000 $4,697 Down ×4
MD Pediatrix Medical Group, Inc. Common Stock $11,829 0.00% 467 $1,840
PSFE Paysafe Limited Common Shares $11,579 0.00% 1,550 $1,616 Up ×1
XOM Exxon Mobil Corporation Common Stock $10,254 0.00% 75 $-2,471
PYPL PayPal Holdings, Inc. - Common Stock $7,384 0.00% 171 $-1,662 Down ×1
TLRY Tilray Brands, Inc. - Common Stock $7,184 0.00% 1,600
VREX Varex Imaging Corporation - Common Stock $6,258 0.00% 600 $-108
SONO Sonos, Inc. - Common Stock $6,210 0.00% 459 $59
ASPN Aspen Aerogels, Inc. Common Stock $5,072 0.00% 800
JELD JELD-WEN Holding, Inc. Common Stock $5,025 0.00% 3,350 $-3,655 Down ×2
PATH UiPath, Inc. Class A Common Stock $4,892 0.00% 450 $630 Up ×2
PSTG Everpure, Inc. Class A common stock $4,727 0.00% 60 $1,185
Unknown issuer (CUSIP: 79546E108) $4,596 0.00% 325 $95
GETY Getty Images Holdings, Inc. Class A Common Stock $3,010 0.00% 3,500 $233
CLVT Clarivate Plc Ordinary Shares $2,700 0.00% 1,250 $-7,926 Down ×1
DNNGY CUSIP: 68750L102 $2,232 0.00% 300 $-696 Down ×2
OEC Orion S.A. Common Shares $1,333 0.00% 201 $-3,217 Down ×2
RVP CUSIP: 76129W105 $1,260 0.00% 1,750 $102
VTGN Vistagen Therapeutics, Inc. - Common Stock $1,243 0.00% 5,500 $-3,043 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
VOO $137,217,083 22.14% up ×6
VO $75,769,237 12.23% up ×6
VEU $44,661,902 7.21% up ×6
VBR $26,994,111 4.36% up ×6
IWP $654,160 0.11% up ×6
ASAN $47,425 0.01% up ×3
BLKB $25,918 0.00% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
QQQ $5,891,200 8,000 0.95%
VTI $2,960,320 8,000 0.48%
SDY $1,438,862 9,455 0.23%
IWV $1,066,000 2,500 0.17%
TLRY $7,184 1,600 0.00%
ASPN $5,072 800 0.00%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VOO Bought more +2K +$19.2M
SPY Bought more +15K +$18.9M
VEU Bought more +15K +$5.8M
VBR Bought more +13K +$5.6M
VO Bought more +691K +$4.1M
VBK Bought more +36 +$2.0M
RSP Bought more +2K +$1.9M
QUAL Bought more +618 +$1.2M
SPHQ Trimmed -4K +$1.1M
IJR Trimmed -3K +$1.1M

1 position 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
EWZ June 30, 2025 52,979 $1,369,507
BIRD (filed as BIRDXXXX) Sept. 30, 2025 9,550 $101,517 -40.7%
BIRD June 30, 2026 25,000 $75,250 -15.9%
INTC Dec. 31, 2025 500 $16,775 223.4%
WBA June 30, 2025 1,500 $16,755 No longer tracked
CLOV June 30, 2026 8,000 $14,080 -16.4%
FMC March 31, 2026 1,000 $13,870 -51.0%
OPEN Dec. 31, 2025 1,400 $11,158 -58.1%
ASPN March 31, 2026 3,250 $9,198 66.4%
TEVA Dec. 31, 2025 400 $8,080 26.7%
OLN March 31, 2026 329 $6,853 -46.5%
U Sept. 30, 2025 205 $4,961 8.9%
PSNY March 31, 2026 225 $4,808 -66.2%
SMRT Sept. 30, 2025 4,856 $4,807 -14.9%
SBH March 31, 2026 325 $4,635 17.3%
RIG March 31, 2026 1,010 $4,171 -22.0%
ADBE June 30, 2025 10 $3,835 -38.6%
BLKB June 30, 2025 60 $3,723 -35.0%
F Dec. 31, 2025 303 $3,624 -7.8%
AAL Sept. 30, 2025 300 $3,366 15.1%
ALGN March 31, 2026 20 $3,123 -16.2%
LUMN Sept. 30, 2025 500 $2,190 -6.0%
BZH June 30, 2026 100 $1,924 19.1%
ASPN Sept. 30, 2025 250 $1,480 -18.2%
JBLU Dec. 31, 2025 200 $984 -8.8%
TLRY March 31, 2026 100 $903 -44.2%
JBLU June 30, 2026 100 $442 -27.6%
CAJTF Dec. 31, 2025 624 $100 No longer tracked