Sector breakdown

04
Technology 6.7%
Financials 2.9%
Industrials 2.4%
Communication Services 1.5%
Health Care 1.4%
Retail 1.1%
Energy 1.0%
Utilities 0.8%
Materials 0.7%
Consumer Discretionary 0.7%
Real Estate 0.6%
Consumer products 0.5%
Consumer Staples 0.4%
Other/Unmapped 79.5%

Full portfolio 211 positions

05
Type Streak 8Q trend
VT Vanguard Total World Stock Index ETF $182,131,839 24.39% 1,160,445 $84,850,774 Up ×2
VOO Vanguard S&P 500 ETF $173,918,722 23.29% 253,227 $11,008,876 Up ×3
AGG iShares Trust $64,490,746 8.64% 651,553 $330,952 Up ×3
VEA Vanguard FTSE Developed Markets ETF $48,120,730 6.44% 675,379 $2,117,361 Up ×3
VGIT Vanguard Intermediate-Term Treasury ETF $35,440,116 4.75% 600,884 $112,882 Up ×2
MSFT Microsoft Corporation - Common Stock $27,233,458 3.65% 73,008 $-2,398,588 Up ×2
VWO Vanguard FTSE Emerging Markets ETF $17,443,582 2.34% 292,236 $217,149 Down ×2
USFR WisdomTree Floating Rate Treasury Fund $14,036,628 1.88% 278,781 $197,627 Up ×1
VTI Vanguard Morningstar Total Stock Market ETF $9,403,081 1.26% 25,411 $1,736,855 Up ×1
ACWI iShares MSCI ACWI ETF $8,611,688 1.15% 54,862 $297,901
SPTL State Street SPDR Portfolio Long Term Treasury ETF $7,294,181 0.98% 278,085 $-40,483 Down ×1
CAT Caterpillar, Inc. Common Stock $5,819,778 0.78% 5,465 $811,505 Down ×1
NVDA NVIDIA Corporation - Common Stock $4,615,986 0.62% 23,070 $19,091 Up ×3
IWF iShares Russell 1000 Growth Fund $4,359,537 0.58% 35,109 $175,669 Up ×3
AAPL Apple Inc. - Common Stock $4,206,855 0.56% 14,538 $280,149 Up ×3
AUR Aurora Innovation, Inc. - Class A Common Stock $4,113,824 0.55% 603,200 $-3,766,687 Down ×1
AMZN Amazon.com, Inc. - Common Stock $3,968,943 0.53% 16,652 $-450,137 Down ×1
EQTY Valued Advisers Trust $3,862,315 0.52% 138,184 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $3,581,920 0.48% 10,023 $-323,030 Down ×1
UBS UBS Group AG Registered Ordinary Shares $3,197,267 0.43% 64,477 $364,413
SPY SPY $3,133,199 0.42% 4,185 $125,607
BK The Bank of New York Mellon Corporation Common Stock $3,007,020 0.40% 20,794 $201,909
GLD SPDR Gold Shares $3,004,876 0.40% 8,157 $-450,919
EXE Expand Energy Corporation - Common Stock $2,428,846 0.33% 26,635 $141,095 Up ×1
KMB Kimberly-Clark Corporation - Common Stock $2,278,658 0.31% 20,522 $-111,222 Down ×1
DGX Quest Diagnostics Incorporated Common Stock $2,269,137 0.30% 10,706 $1,502,824 Up ×1
CDZI Cadiz, Inc. - Common Stock $2,247,502 0.30% 537,680 $195,000 Up ×1
UNP Union Pacific Corporation Common Stock $2,152,336 0.29% 7,913 $19,941
GOOG Alphabet Inc. - Class C Capital Stock $2,098,427 0.28% 5,939 $-197,032 Down ×1
RSP Invesco Exchange-Traded Fund Trust $1,903,177 0.25% 8,945 $-20,979,317 Down ×2
OI O-I Glass, Inc. Common Stock $1,798,672 0.24% 186,778 $1,075,220 Up ×1
L Loews Corporation Common Stock $1,749,547 0.23% 15,454 $9,159 Down ×1
ALK Alaska Air Group, Inc. Common Stock $1,727,768 0.23% 33,099 $1,030,241 Up ×2
AVGO Broadcom Inc. - Common Stock $1,538,068 0.21% 4,072 $-97,423 Up ×3
JNJ Johnson & Johnson Common Stock $1,537,776 0.21% 6,055 $207,404 Up ×2
GLNG Golar LNG Limited - Common Shares $1,442,626 0.19% 28,796 $-127,151
VTV Vanguard Morningstar Value ETF $1,412,272 0.19% 6,480 $1,179,644 Up ×1
COF Capital One Financial Corporation Common Stock $1,376,053 0.18% 6,859 $63,926
MGM MGM Resorts International Common Stock $1,360,816 0.18% 28,463 $112,205 Down ×1
META Meta Platforms, Inc. - Class A Common Stock $1,357,529 0.18% 2,410 $-55,983 Up ×2
TECK Teck Resources Ltd Ordinary Shares $1,279,936 0.17% 21,526 $22,172
IBM International Business Machines Corporation Common Stock $1,208,641 0.16% 4,298 $783,869 Up ×1
IWM iShares Russell 2000 Index Fund $1,203,903 0.16% 4,007 $35,873 Down ×2
VXUS Vanguard Total International Stock ETF $1,195,663 0.16% 13,986 $530,186 Up ×1
WMT Walmart Inc. - Common Stock $1,175,979 0.16% 10,383 $-193,191 Up ×1
HZO MarineMax, Inc. (FL) Common Stock $1,152,578 0.15% 31,474 $236,433 Down ×2
OEF iShares Trust $1,152,016 0.15% 3,149
AXS Axis Capital Holdings Limited Common Stock $1,083,981 0.15% 10,053 $74,559
UL Unilever PLC American Depositary Shares (each representing One Ordinary Share) $1,061,010 0.14% 17,648 $20,218 Up ×2
NTRS Northern Trust Corporation - Common Stock $1,048,293 0.14% 6,011 $48,423
QQQ Invesco QQQ Trust, Series 1 $1,044,272 0.14% 1,423 $94,078
JPM JP Morgan Chase & Co. Common Stock $1,033,621 0.14% 3,158 $44,524
KO Coca-Cola Company (The) Common Stock $1,000,922 0.13% 12,263 $35,088
GM General Motors Company Common Stock $975,216 0.13% 12,652 $2,558 Up ×1
AIG American International Group, Inc. New Common Stock $959,052 0.13% 12,868 $-3,624 Down ×1
DE Deere & Company Common Stock $940,570 0.13% 1,479 $65,179 Down ×1
COST Costco Wholesale Corporation - Common Stock $926,045 0.12% 990 $5,866 Up ×2
ABBV AbbVie Inc. Common Stock $911,485 0.12% 3,622 $139,976
BC Brunswick Corporation Common Stock $903,895 0.12% 10,730 $51,396
AMAT Applied Materials, Inc. - Common Stock $891,459 0.12% 1,233 $405,053
BA Boeing Company (The) Common Stock $870,426 0.12% 4,021 $-50,275 Up ×1
C Citigroup, Inc. Common Stock $862,154 0.12% 6,160 $73,797
HHH Howard Hughes Holdings Inc. Common Stock $857,880 0.11% 12,000 Up ×1
QXO QXO, Inc. Common Stock $855,811 0.11% 49,526 Up ×1
INTC Intel Corporation - Common Stock $842,248 0.11% 6,032 $498,908 Up ×1
CAH Cardinal Health, Inc. Common Stock $811,960 0.11% 3,418 $392,832 Up ×2
KBWB Invesco KBW Bank ETF $811,343 0.11% 8,726 $49,127 Down ×1
PLD Prologis, Inc. Common Stock $798,189 0.11% 5,892 $-38,593
LIF Life360, Inc. - Common Stock $793,198 0.11% 14,328 $175,804
Unknown issuer (CUSIP: 438516205) $771,311 0.10% 3,445 Up ×1
PCG Pacific Gas & Electric Co. Common Stock $767,800 0.10% 45,577 $-346,106 Down ×2
Unknown issuer (CUSIP: 43849R105) $761,597 0.10% 3,445 Up ×1
PRMB Primo Brands Corporation Class A Common Stock $749,697 0.10% 30,675 $124,541
IMRX Immuneering Corporation - Class A Common Stock $748,500 0.10% 150,000 Up ×1
GLW Corning Incorporated Common Stock $739,821 0.10% 2,896 $450,594 Up ×1
BWXT BWX Technologies, Inc. Common Stock $737,529 0.10% 3,789 $-114,615 Down ×3
VZ Verizon Communications Inc. Common Stock $709,016 0.09% 16,746 $-27,335 Up ×2
XOM Exxon Mobil Corporation Common Stock $707,799 0.09% 5,177 $-92,711 Down ×2
EFA iShares Trust $690,594 0.09% 6,648 $10,371
NEE NextEra Energy, Inc. Common Stock $685,484 0.09% 7,810 $-78,959
BP BP p.l.c. Common Stock $680,949 0.09% 18,429 $-192,066 Up ×1
BAC Bank of America Corporation Common Stock $679,714 0.09% 11,929 $41,990
V Visa Inc. $656,331 0.09% 1,913 $-100,982 Down ×3
NWSA News Corporation - Class A Common Stock $654,544 0.09% 26,361 $-39,278
LLY Eli Lilly and Company Common Stock $652,490 0.09% 544 $145,002 Up ×1
BDX Becton, Dickinson and Company Common Stock $647,238 0.09% 4,277 $-52,505 Down ×1
TSLA Tesla, Inc. - Common Stock $641,415 0.09% 1,525 $304,436 Up ×3
BFLY Butterfly Network, Inc. Class A Common Stock $631,500 0.08% 75,000 $272,250
PGR Progressive Corporation (The) Common Stock $630,884 0.08% 2,888 $49,587
MU Micron Technology, Inc. - Common Stock $626,058 0.08% 542 Up ×1
SW Smurfit WestRock plc Ordinary Shares $557,942 0.07% 12,061 Up ×1
FRMI Fermi Inc. - Common Stock $549,600 0.07% 60,000 $241,800
DGRW WisdomTree U.S. Quality Dividend Growth Fund $549,315 0.07% 5,745 Up ×1
MRSH Marsh Common Stock $542,011 0.07% 3,252 $-6,309
VGT Vanguard Information Tech ETF $532,806 0.07% 4,458 Up ×1
LRCX Lam Research Corporation - Common Stock $532,015 0.07% 1,227 $266,419 Up ×1
DFIV Dimensional ETF Trust $522,374 0.07% 9,670 Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock $491,450 0.07% 846 Up ×1
WAT Waters Corporation Common Stock $490,552 0.07% 1,308 $66,907 Down ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $485,476 0.07% 1,015 $102,882 Up ×2

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
VOO $173,918,722 23.29% up ×3
AGG $64,490,746 8.64% up ×3
VEA $48,120,730 6.44% up ×3
NVDA $4,615,986 0.62% up ×3
IWF $4,359,537 0.58% up ×3
AAPL $4,206,855 0.56% up ×3
AVGO $1,538,068 0.21% up ×3
TSLA $641,415 0.09% up ×3
DLR $476,964 0.06% up ×3
RPC $107,681 0.01% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
EQTY $3,862,315 138,184 0.52%
OEF $1,152,016 3,149 0.15%
HHH $857,880 12,000 0.11%
QXO $855,811 49,526 0.11%
Unknown issuer (CUSIP: 438516205) $771,311 3,445 0.10%
Unknown issuer (CUSIP: 43849R105) $761,597 3,445 0.10%
IMRX $748,500 150,000 0.10%
MU $626,058 542 0.08%
SW $557,942 12,061 0.07%
DGRW $549,315 5,745 0.07%
VGT $532,806 4,458 0.07%
DFIV $522,374 9,670 0.07%
AMD $491,450 846 0.07%
Unknown issuer (CUSIP: 77926X320) $478,770 6,483 0.06%
TKR $417,068 2,870 0.06%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VT Bought more +517K +$84.9M
VOO Bought more +7K +$11.0M
AUR Trimmed -737K -$3.8M
MSFT Bought more +341 -$2.4M
VEA Bought more +7K +$2.1M
VTI Bought more +4K +$1.7M
DGX Bought more +7K +$1.5M
OI Bought more +107K +$1.1M
ALK Bought more +15K +$1.0M
CAT Trimmed -152 +$812K

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
VB June 30, 2026 13,892 $3,950,846
UL (filed as ULXXXX) Dec. 31, 2025 19,841 $1,176,174 -7.0%
MTN Dec. 31, 2025 7,296 $1,091,263 9.3%
CI Dec. 31, 2025 3,041 $876,568 -0.3%
VGSH March 31, 2026 11,691 $686,613
SEM March 31, 2026 45,000 $668,250 No longer tracked
MYFW March 31, 2026 21,000 $563,010 22.8%
CVX Dec. 31, 2025 3,554 $551,901 36.2%
HUT March 31, 2026 12,000 $551,280 96.6%
OWL March 31, 2026 35,518 $530,639 -0.7%
MBLY Dec. 31, 2025 36,000 $508,320 -28.4%
BSX March 31, 2026 4,608 $439,373 -32.8%
FDVV June 30, 2026 7,097 $419,220
SUI Dec. 31, 2025 3,000 $390,120 -9.6%
APO March 31, 2026 2,654 $384,193 4.1%
ETN Dec. 31, 2025 1,004 $375,747 39.7%
MTN June 30, 2026 2,862 $363,989 6.6%
FBND June 30, 2026 7,942 $361,838
B March 31, 2026 8,025 $349,489 -0.2%
TRU March 31, 2026 3,946 $338,370 -8.3%
CRH June 30, 2026 2,765 $327,431 -21.9%
MCK March 31, 2026 397 $326,068 6.5%
SNV Dec. 31, 2025 6,500 $321,555 No longer tracked
ISRG June 30, 2026 641 $293,328 1.8%
MSI Dec. 31, 2025 622 $285,112 19.0%
QUAL June 30, 2026 1,369 $283,725
COR March 31, 2026 818 $276,280 0.7%
DHR March 31, 2026 1,149 $263,397 13.7%
BN June 30, 2026 5,823 $262,734 -12.4%
KCCA March 31, 2026 15,540 $261,227
TMO June 30, 2026 511 $244,749 31.0%
IT March 31, 2026 955 $240,927 16.8%
SHW March 31, 2026 691 $223,905 0.2%
ALIT March 31, 2026 110,000 $214,500 1454.0%
DEO March 31, 2026 2,436 $210,154 13.9%
GBDC June 30, 2026 11,728 $160,674 -5.4%
CEPT Dec. 31, 2025 14,185 $149,084 No longer tracked
NZF Dec. 31, 2025 11,397 $144,052 -13.4%
PCAPU March 31, 2026 14,038 $143,749 2.4%
VGM Dec. 31, 2025 14,059 $142,277 -15.2%
NEA Dec. 31, 2025 12,416 $142,263 -14.0%
NAD Dec. 31, 2025 12,024 $141,408 -15.5%
MHD March 31, 2026 12,038 $141,330 -9.3%
MMU March 31, 2026 13,513 $141,071 -12.2%
VMO Dec. 31, 2025 14,549 $140,689 -11.8%
MUC March 31, 2026 13,206 $139,984 -6.2%
MUJ March 31, 2026 11,741 $139,721 -2.2%
NRK March 31, 2026 13,836 $139,608 -9.5%
MYI March 31, 2026 12,842 $139,593 -8.3%
MQY March 31, 2026 12,343 $139,479 -9.5%
VKQ Dec. 31, 2025 14,352 $138,497 -11.4%
TBLA March 31, 2026 30,000 $138,300 4.2%
PML March 31, 2026 18,185 $137,836 -13.6%
PCQ Dec. 31, 2025 10,998 $96,298 -11.1%
MVF March 31, 2026 12,751 $88,365 No longer tracked