Sector breakdown

04
Technology 40.9%
Financials 8.1%
Retail 8.0%
Communication Services 7.8%
Industrials 4.6%
Consumer Discretionary 1.3%
Health Care 0.7%
Energy 0.2%
Consumer Staples 0.1%
Materials 0.1%
Consumer products 0.1%
Real Estate 0.0%
Utilities 0.0%
Other/Unmapped 28.1%

Full portfolio 235 positions

05
Type Streak 8Q trend
AAPL Apple Inc. - Common Stock $1,138,052,940 28.26% 3,933,000 $142,025,748 Up ×1
VUG VANGUARD INDEX FUNDS $656,499,150 16.30% 7,621,304 $99,861,157 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $288,059,785 7.15% 815,271 $54,830,306 Up ×1
NVDA NVIDIA Corporation - Common Stock $285,229,604 7.08% 1,425,507 $38,847,986 Up ×2
AMZN Amazon.com, Inc. - Common Stock $239,644,200 5.95% 1,005,472 $30,710,818 Up ×1
SPMO Invesco Exchange-Traded Fund Trust II $147,352,457 3.66% 912,173 $107,645,772 Up ×4
GEV GE Vernova Inc. Common Stock $144,794,310 3.60% 123,244 $39,953,803 Up ×4
GS Goldman Sachs Group, Inc. (The) Common Stock $142,499,474 3.54% 140,897 $24,705,383 Up ×6
MSFT Microsoft Corporation - Common Stock $117,978,724 2.93% 316,280 $-50,484,724 Down ×3
VIG VANGUARD SPECIALIZED FUNDS $76,465,337 1.90% 323,157 $8,207,649 Up ×2
JPM JP Morgan Chase & Co. Common Stock $71,820,042 1.78% 219,412 $8,195,511 Up ×6
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $69,900,480 1.74% 139,692 $-14,395,592 Down ×5
AVGO Broadcom Inc. - Common Stock $68,420,493 1.70% 181,126 $14,603,891 Up ×4
COST Costco Wholesale Corporation - Common Stock $62,872,726 1.56% 67,210 $-4,294,043 Down ×4
SMH SMH $45,804,286 1.14% 69,835 Up ×1
IWY iShares Trust $26,070,011 0.65% 89,705 $6,594,913 Up ×4
VTV VANGUARD INDEX FUNDS $24,737,811 0.61% 113,513 $8,155,388 Up ×3
V Visa Inc. $20,630,833 0.51% 60,132 $2,831,800 Up ×2
VB VANGUARD INDEX FUNDS $18,887,731 0.47% 62,311 $4,885,781 Up ×2
VYM VANGUARD WHITEHALL FUNDS $18,788,156 0.47% 118,890 $-1,408,540 Down ×4
WMT Walmart Inc. - Common Stock $17,787,215 0.44% 157,048 $-191,057 Up ×3
GOOGL Alphabet Inc. - Class A Common Stock $14,834,373 0.37% 41,510 $3,046,430 Up ×2
FDVV FIDELITY COVINGTON TRUST $13,223,581 0.33% 219,333 $3,188,552 Up ×4
VBK VANGUARD INDEX FUNDS $12,264,591 0.30% 33,537 $1,745,596 Down ×6
SPY SPY $11,787,620 0.29% 15,785 $1,389,720 Down ×3
AIPO Defiance AI & Power Infrastructure ETF $11,776,390 0.29% 352,481 Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock $10,264,794 0.25% 17,670 $6,616,684 Down ×1
ABBV AbbVie Inc. Common Stock $9,351,183 0.23% 37,161 $3,627,180 Up ×1
GE GE Aerospace Common Stock $6,908,045 0.17% 18,484 $2,416,895 Up ×5
META Meta Platforms, Inc. - Class A Common Stock $6,836,821 0.17% 12,137 $-37,043,049 Down ×3
SDVY First Trust SMID Cap Rising Dividend Achievers ETF $6,779,702 0.17% 157,156 Up ×1
PH Parker-Hannifin Corporation Common Stock $6,308,182 0.16% 6,449 $1,166,109 Up ×1
RDVY First Trust Rising Dividend Achievers ETF $6,274,895 0.16% 77,411 Up ×1
BAC Bank of America Corporation Common Stock $5,921,200 0.15% 103,917 $1,364,242 Up ×6
TSLA Tesla, Inc. - Common Stock $5,593,139 0.14% 13,298 $509,086 Down ×1
STIP iShares Trust $5,538,353 0.14% 54,213 $-36,890 Up ×1
LLY Eli Lilly and Company Common Stock $5,481,732 0.14% 4,570 $1,417,342 Up ×3
USMV iShares Trust $5,321,523 0.13% 55,168 $1,213,323 Up ×4
CVX Chevron Corporation Common Stock $5,078,982 0.13% 30,641 $-572,179 Up ×1
IDMO Invesco Exchange-Traded Fund Trust II $5,015,461 0.12% 83,189 $1,430,293 Up ×4
VEA VANGUARD TAX-MANAGED FUNDS $4,715,000 0.12% 66,175 $1,583,898 Up ×6
CAT Caterpillar, Inc. Common Stock $4,645,106 0.12% 4,362 $2,919,795 Up ×2
BE Bloom Energy Corporation Class A Common Stock $4,498,425 0.11% 14,861 Up ×1
XLE SELECT SECTOR SPDR TRUST $4,335,139 0.11% 81,626 $-29,039,377 Down ×1
GLW Corning Incorporated Common Stock $4,127,333 0.10% 16,158 $1,931,092 Up ×1
FNDE SCHWAB STRATEGIC TRUST $3,975,587 0.10% 100,191 $1,087,832 Up ×4
AMAT Applied Materials, Inc. - Common Stock $3,967,353 0.10% 5,487 $2,095,260 Up ×4
VOO VANGUARD INDEX FUNDS $3,880,057 0.10% 5,649 $501,395 Down ×1
SHY iShares 1-3 Year Treasury Bond ETF $3,620,672 0.09% 44,095 $231,545 Up ×2
QQQ Invesco QQQ Trust, Series 1 $3,523,897 0.09% 4,785 $681,688 Down ×2
SCHP SCHWAB STRATEGIC TRUST $3,496,598 0.09% 131,947 $-28,056 Down ×6
RBLD First Trust Exchange-Traded Fund II $3,430,207 0.09% 38,113 Up ×1
KO Coca-Cola Company (The) Common Stock $3,425,622 0.09% 42,151 $1,285,232 Up ×2
PLTR Palantir Technologies Inc. - Class A Common Stock $3,343,062 0.08% 28,654 $-1,140,127 Down ×1
VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares $3,118,881 0.08% 62,092 $1,051,201 Up ×3
MU Micron Technology, Inc. - Common Stock $3,038,091 0.08% 2,632 $2,764,778 Up ×2
FSLR First Solar, Inc. - Common Stock $3,032,794 0.08% 12,853 $497,411
BSV VANGUARD BOND INDEX FUNDS $2,975,539 0.07% 38,192 $-43,560 Down ×1
XLV SELECT SECTOR SPDR TRUST $2,952,790 0.07% 18,611 $-170,724 Down ×1
IJK iShares Trust $2,925,515 0.07% 24,898 $377,615 Down ×6
IBM International Business Machines Corporation Common Stock $2,873,972 0.07% 10,220 $413,861 Up ×1
CME CME Group Inc. - Class A Common Stock $2,696,776 0.07% 12,212 $-608,486 Up ×2
PANW Palo Alto Networks, Inc. - Common Stock $2,537,530 0.06% 7,441 $1,323,266 Down ×1
LMT Lockheed Martin Corporation Common Stock $2,527,941 0.06% 4,962 $-512,141 Down ×1
IWF iShares Trust $2,463,889 0.06% 19,843 $405,286 Up ×1
IVV iShares Trust $2,332,043 0.06% 3,114 $310,358 Up ×3
ABT Abbott Laboratories Common Stock $1,998,911 0.05% 22,029 $-12,789 Up ×6
IDXX IDEXX Laboratories, Inc. - Common Stock $1,951,513 0.05% 3,707 $-137,594 Down ×1
VTI VANGUARD INDEX FUNDS $1,914,086 0.05% 5,173 $205,565 Down ×1
DXCM DexCom, Inc. - Common Stock $1,740,189 0.04% 25,838 $289,258 Up ×1
IWS iShares Trust $1,715,626 0.04% 10,423 $179,526 Down ×6
XLU XLU $1,712,177 0.04% 37,763 $-143,883 Down ×1
TXN Texas Instruments Incorporated - Common Stock $1,637,035 0.04% 5,492 $685,721 Up ×1
AEM Agnico Eagle Mines Limited Common Stock $1,606,246 0.04% 10,354 $-493,379 Up ×1
QQQM Invesco NASDAQ 100 ETF $1,591,804 0.04% 5,254 $359,507 Up ×2
TSM Taiwan Semiconductor Manufacturing Company Ltd. $1,591,741 0.04% 3,333 $628,246 Up ×4
TFPM Triple Flag Precious Metals Corp. Common Shares $1,514,414 0.04% 50,531 $-239,517
CM Canadian Imperial Bank of Commerce Common Stock $1,488,790 0.04% 12,946 $120,032 Down ×1
JNJ Johnson & Johnson Common Stock $1,478,232 0.04% 5,820 $-670 Down ×1
DFAC Dimensional ETF Trust $1,469,736 0.04% 33,132 Up ×1
MS Morgan Stanley Common Stock $1,462,862 0.04% 6,998 $881,107 Up ×3
IWN iShares Trust $1,422,537 0.04% 6,431 $203,284
ULTA Ulta Beauty, Inc. - Common Stock $1,389,018 0.03% 3,080 $-236,610 Down ×2
IJH iShares Trust $1,259,129 0.03% 16,329 $763,661 Up ×3
TIP iShares Trust $1,257,898 0.03% 11,495 $321,052 Up ×1
DVY iShares Select Dividend ETF $1,245,945 0.03% 7,971 $-35,631 Down ×1
PG Procter & Gamble Company (The) Common Stock $1,216,379 0.03% 8,295 $-96,292 Down ×1
VGT VANGUARD WORLD FUND $1,209,901 0.03% 10,123 $334,262 Up ×1
NVO Novo Nordisk A/S Common Stock $1,196,774 0.03% 24,964 $274,716 Down ×5
PEB Pebblebrook Hotel Trust Common Shares of Beneficial Interest $1,183,602 0.03% 60,979 $413,437
MA Mastercard Incorporated Common Stock $1,163,304 0.03% 2,265 $308,885 Up ×1
MCK McKesson Corporation Common Stock $1,088,820 0.03% 1,441 $-247,296 Down ×1
WPM Wheaton Precious Metals Corp Common Shares (Canada) $1,085,011 0.03% 9,660 $-180,546
AMGN Amgen Inc. - Common Stock $1,078,902 0.03% 2,979 $22,217 Down ×1
MRVL Marvell Technology, Inc. - Common Stock $1,047,150 0.03% 3,515 $698,875 Down ×1
GRBK Green Brick Partners, Inc. Common Stock $1,041,961 0.03% 13,018 $204,111 Up ×1
AGG iShares Trust $1,015,692 0.03% 10,262 $541,369 Up ×1
XLK SELECT SECTOR SPDR TRUST $980,539 0.02% 5,147 $288,867 Down ×1
NVMI Nova Ltd. - Ordinary Shares $963,718 0.02% 1,775 $192,871
SOXX iShares Trust $936,791 0.02% 1,462 $721,847 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
SPMO $147,352,457 3.66% up ×4
GEV $144,794,310 3.60% up ×4
GS $142,499,474 3.54% up ×6
JPM $71,820,042 1.78% up ×6
AVGO $68,420,493 1.70% up ×4
IWY $26,070,011 0.65% up ×4
VTV $24,737,811 0.61% up ×3
WMT $17,787,215 0.44% up ×3
FDVV $13,223,581 0.33% up ×4
GE $6,908,045 0.17% up ×5
BAC $5,921,200 0.15% up ×6
LLY $5,481,732 0.14% up ×3
USMV $5,321,523 0.13% up ×4
IDMO $5,015,461 0.12% up ×4
VEA $4,715,000 0.12% up ×6

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
SMH $45,804,286 69,835 1.14%
AIPO $11,776,390 352,481 0.29%
SDVY $6,779,702 157,156 0.17%
RDVY $6,274,895 77,411 0.16%
BE $4,498,425 14,861 0.11%
RBLD $3,430,207 38,113 0.09%
DFAC $1,469,736 33,132 0.04%
Unknown issuer (CUSIP: 84615Q103) $598,864 3,505 0.01%
EEM $480,785 7,028 0.01%
DBEF $472,222 8,644 0.01%
ICF $435,402 6,438 0.01%
PENG $380,658 5,008 0.01%
WFC $371,179 4,492 0.01%
KLAC $313,778 1,040 0.01%
VNQ $300,335 3,115 0.01%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
AAPL Bought more +8K +$142.0M
SPMO Bought more +558K +$107.6M
VUG Bought more +6.3M +$99.9M
GOOG Bought more +2K +$54.8M
MSFT Trimmed -139K -$50.5M
GEV Bought more +3K +$40.0M
NVDA Bought more +13K +$38.8M
AMZN Bought more +2K +$30.7M
GS Bought more +2K +$24.7M
AVGO Bought more +7K +$14.6M

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
XOM June 30, 2026 46,491 $7,887,744 20.0%
BX June 30, 2025 55,096 $7,701,307 -25.3%
FNGS Sept. 30, 2025 15,000 $977,250 18.1%
CYBR March 31, 2026 1,816 $810,045 No longer tracked
CVS June 30, 2025 10,618 $719,387 25.3%
UBER June 30, 2026 8,053 $579,252 -5.6%
HON June 30, 2026 2,518 $569,144 -4.4%
URI Dec. 31, 2025 566 $540,277 33.6%
MRK June 30, 2025 5,450 $489,192 82.3%
CBRE Dec. 31, 2025 3,003 $473,153 -19.4%
BABA Dec. 31, 2025 2,391 $427,343 -27.8%
LULU June 30, 2026 2,550 $390,405 -17.3%
VGLT June 30, 2025 5,945 $342,491
BMO June 30, 2026 2,500 $338,350 -6.2%
SCI Sept. 30, 2025 4,043 $329,121 -7.3%
VCLT March 31, 2026 4,291 $325,472
IBIT June 30, 2026 8,104 $311,356
CEG June 30, 2026 1,090 $304,382 3.7%
INTU March 31, 2026 448 $296,764 -35.0%
LPLA Dec. 31, 2025 839 $279,127 -11.4%
MELI Dec. 31, 2025 118 $275,759 -15.8%
CVX Dec. 31, 2025 1,707 $265,156 35.6%
REGN June 30, 2025 407 $257,830 40.0%
SYK Sept. 30, 2025 625 $247,269 -25.5%
ALNY June 30, 2026 725 $239,881 -27.0%
PFE Sept. 30, 2025 9,568 $231,928 9.1%
T June 30, 2026 7,929 $229,858 17.4%
DNP Sept. 30, 2025 23,320 $228,303 -4.4%
ETHA June 30, 2026 14,390 $227,794
GBTC Dec. 31, 2025 2,472 $221,911 -4.8%
SNY June 30, 2025 4,000 $221,840 -17.4%
LYFT Dec. 31, 2025 10,000 $220,100 -20.2%
SPDW Dec. 31, 2025 5,127 $219,384
ALB June 30, 2025 3,000 $216,060 66.9%
T Dec. 31, 2025 7,628 $215,401 -2.2%
WSO Sept. 30, 2025 487 $215,069 -26.4%
MFG Dec. 31, 2025 32,078 $214,923 48.8%
WDAY March 31, 2026 1,000 $214,780 43.3%
DFS June 30, 2025 1,258 $214,671 No longer tracked
LHX June 30, 2026 617 $212,958 -18.6%
SAN Dec. 31, 2025 20,294 $212,681 13.9%
ZTS Sept. 30, 2025 1,358 $211,780 -52.4%
DIS June 30, 2026 2,181 $210,205 6.2%
XYL Dec. 31, 2025 1,425 $210,188 -25.3%
EMR Dec. 31, 2025 1,573 $206,346 21.8%
SSRM March 31, 2026 9,410 $206,315 13.2%
DIS Sept. 30, 2025 1,663 $206,220 -10.8%
DOCU June 30, 2025 2,500 $203,500 -11.4%
ETN June 30, 2026 568 $203,157 2.3%
CSGP Dec. 31, 2025 2,405 $202,910 -59.3%
DKNG Sept. 30, 2025 4,695 $201,369 -50.3%
ALL Dec. 31, 2025 936 $200,912 7.5%
OUNZ June 30, 2026 4,449 $200,427
PTLO June 30, 2025 15,411 $183,237 -69.9%
ACHR Dec. 31, 2025 15,500 $148,490 -35.0%
ENVX June 30, 2025 12,768 $93,717 -72.9%
LAC June 30, 2025 10,500 $28,455 -4.9%