Sector breakdown

04
Technology 12.6%
Retail 11.4%
Financials 3.0%
Utilities 2.7%
Communication Services 2.6%
Healthcare 2.2%
Consumer Staples 0.8%
Consumer Discretionary 0.7%
Industrials 0.7%
Energy 0.2%
Real Estate 0.1%
Materials 0.1%
Consumer products 0.0%
Other/Unmapped 62.8%

Full portfolio 184 positions

05
Type Streak 8Q trend
QQQ Invesco QQQ Trust, Series 1 $32,933,219 15.35% 44,722 $10,608,088 Up ×3
SPY SPY $30,352,155 14.14% 40,645 $7,825,121 Up ×3
VCIT Vanguard Intermediate-Term Corporate Bond ETF $18,787,899 8.75% 227,319 $3,516,302 Up ×1
VIG Vanguard Div Appreciation ETF $14,316,581 6.67% 60,505 $4,600,360 Up ×2
XLU XLU $9,942,155 4.63% 219,280 $-52,733 Up ×1
AMZN Amazon.com, Inc. - Common Stock $8,954,910 4.17% 37,572 $1,517,172 Up ×2
MSFT Microsoft Corporation - Common Stock $8,849,544 4.12% 23,724 $4,280,356 Up ×1
COST Costco Wholesale Corporation - Common Stock $7,937,740 3.70% 8,485 $1,376,876 Up ×2
WMT Walmart Inc. - Common Stock $7,315,478 3.41% 64,590 $1,811,781 Up ×2
XLY XLY $6,986,333 3.26% 59,570 $2,623,854 Up ×3
XLV SELECT SECTOR SPDR TRUST $6,686,240 3.12% 42,142 $786,529 Up ×2
NEE NextEra Energy, Inc. Common Stock $5,586,601 2.60% 63,650 $1,048,534 Up ×2
JPM JP Morgan Chase & Co. Common Stock $4,608,090 2.15% 14,078 $622,140 Up ×1
LLY Eli Lilly and Company Common Stock $4,555,435 2.12% 3,798 $4,253,750 Up ×2
TSM Taiwan Semiconductor Manufacturing Company Ltd. $4,539,303 2.12% 9,505 $1,337,903 Up ×1
NVDA NVIDIA Corporation - Common Stock $4,329,744 2.02% 21,639 $1,006,245 Up ×2
AVGO Broadcom Inc. - Common Stock $4,221,966 1.97% 11,177 $2,841,727 Up ×2
META Meta Platforms, Inc. - Class A Common Stock $4,078,426 1.90% 7,240 $1,391,189 Up ×3
AAPL Apple Inc. - Common Stock $3,735,195 1.74% 12,908 $2,812,303 Up ×3
XLF SELECT SECTOR SPDR TRUST $2,436,743 1.14% 45,453 $1,245,650 Up ×2
TFLO iShares Treasury Floating Rate Bond ETF $2,288,830 1.07% 45,207 Up ×1
MDY State Street SPDR S&P MIDCAP 400 ETF Trust $1,757,991 0.82% 2,499 $204,856 Down ×1
XLC SELECT SECTOR SPDR TRUST $1,628,377 0.76% 15,200 $-88,623 Down ×1
XLP XLP $1,432,629 0.67% 17,246 $103,082 Up ×1
PEP PepsiCo, Inc. - Common Stock $1,309,786 0.61% 9,673 $-188,623 Up ×2
TSLA Tesla, Inc. - Common Stock $1,074,212 0.50% 2,554 $295,396 Up ×2
MA Mastercard Incorporated Common Stock $1,065,594 0.50% 2,075 $93,216 Up ×2
SKYY First Trust Cloud Computing ETF $1,032,075 0.48% 7,670 $610,930 Up ×1
GEV GE Vernova Inc. Common Stock $938,858 0.44% 799 $429,886 Up ×2
PLTR Palantir Technologies Inc. - Class A Common Stock $840,607 0.39% 7,205 Up ×1
RBLX Roblox Corporation Class A Common Stock $781,984 0.36% 14,380 $-31,349
EIG Employers Holdings Inc Common Stock $526,183 0.25% 10,424 $100,657 Up ×6
XLK SELECT SECTOR SPDR TRUST $512,416 0.24% 2,690 $177,973 Up ×4
SCHX SCHWAB STRATEGIC TRUST $396,468 0.18% 13,472 $51,961 Up ×4
XBI SPDR SERIES TRUST $335,174 0.16% 2,118 $159,801 Up ×1
SPDW State Street SPDR Portfolio Developed World ex-US ETF $331,675 0.15% 6,582 $35,470 Up ×1
XOM Exxon Mobil Corporation Common Stock $323,190 0.15% 2,364 $-99,410 Down ×1
IWM iShares Russell 2000 Index Fund $317,809 0.15% 1,058 $48,296 Down ×1
SCHM SCHWAB STRATEGIC TRUST $271,358 0.13% 7,360 $44,170 Up ×4
HD Home Depot, Inc. (The) Common Stock $239,718 0.11% 680 $-105,578 Down ×1
BND Vanguard Total Bond Market ETF $238,021 0.11% 3,242 $1,646 Up ×4
GOOGL Alphabet Inc. - Class A Common Stock $216,902 0.10% 607 $78,339 Up ×1
PH Parker-Hannifin Corporation Common Stock $184,442 0.09% 189 $-6,374 Down ×2
ALAB Astera Labs, Inc. - Common Stock $183,548 0.09% 380 $146,284 Up ×1
IVT InvenTrust Properties Corp. Common Stock $151,084 0.07% 4,268 $22,095 Up ×1
SCHE SCHWAB STRATEGIC TRUST $148,029 0.07% 4,082 $13,680 Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock $137,676 0.06% 237 $107,161 Up ×1
SMH SMH $135,773 0.06% 207 $85,929 Up ×1
O Realty Income Corporation Common Stock $135,692 0.06% 2,190 $1,708
MCRI Monarch Casino & Resort, Inc. - Common Stock $134,047 0.06% 1,019 $36,904 Up ×1
NFLX Netflix, Inc. - Common Stock $133,518 0.06% 1,870 $31,407 Up ×1
LMT Lockheed Martin Corporation Common Stock $130,721 0.06% 257 $-23,319 Up ×1
IEMG iShares, Inc. $123,980 0.06% 1,497 $20,392 Up ×1
IDEV iShares Core MSCI International Developed Markets ETF $123,502 0.06% 1,388 $9,262 Up ×1
MO Altria Group, Inc. $120,228 0.06% 1,671 $9,959
WM Waste Management, Inc. Common Stock $117,109 0.05% 525 $-22,725 Down ×1
CIBR First Trust NASDAQ Cybersecurity ETF $104,653 0.05% 1,165 $-8,110,245 Down ×1
DGS WisdomTree Trust $101,202 0.05% 1,564 $8,432 Up ×1
COKE Coca-Cola Consolidated, Inc. - Common Stock $95,460 0.04% 500 $-410
VV Vanguard Morningstar Large-Cap ETF $94,936 0.04% 276 $12,672 Up ×1
SDY SPDR SERIES TRUST $94,810 0.04% 623 $4,227 Up ×1
GLW Corning Incorporated Common Stock $92,774 0.04% 363 $77,001 Up ×1
VZ Verizon Communications Inc. Common Stock $92,767 0.04% 2,191 $37,246 Up ×1
KEY KeyCorp Common Stock $91,057 0.04% 3,950 $12,554 Up ×1
ATO Atmos Energy Corporation Common Stock $89,502 0.04% 520 $-5,902 Up ×1
BTI British American Tobacco Industries, p.l.c. Common Stock ADR $87,823 0.04% 1,422 $4,679
MCD McDonald's Corporation Common Stock $84,020 0.04% 311 $-11,962 Up ×1
JNJ Johnson & Johnson Common Stock $71,112 0.03% 280 $21,980 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $70,988 0.03% 201 $21,987 Up ×1
RDDT Reddit, Inc. Class A Common Stock $70,300 0.03% 405 $15,767
PATH UiPath, Inc. Class A Common Stock $61,416 0.03% 5,650 $28,671 Up ×1
GLD SPDR Gold Shares $59,309 0.03% 161 $-28,900 Down ×1
MP MP Materials Corp. Common Stock $57,410 0.03% 1,025 $22,421 Up ×1
DFAT Dimensional ETF Trust $57,211 0.03% 818 $6,266 Up ×1
AEP American Electric Power Company, Inc. - Common Stock $54,724 0.03% 400 $2,292
GBCI Glacier Bancorp, Inc. Common Stock $53,509 0.02% 1,037 $7,486 Up ×1
FDN First Trust Exchange-Traded Fund $53,473 0.02% 202 $5,029 Down ×1
DFAS Dimensional ETF Trust $52,939 0.02% 643 $7,341 Up ×1
TEM Tempus AI, Inc. - Class A Common Stock $52,137 0.02% 900 $30,657 Up ×1
COP ConocoPhillips Common Stock $51,980 0.02% 500 $-14,020
GOF Guggenheim Strategic Opportunities Fund Common Shares of Beneficial Interest $50,101 0.02% 4,588 $-459
IYT iShares U.S. Transportation ETF $49,448 0.02% 570 Up ×1
NEA Nuveen AMT-Free Quality Municipal Income Fund Common Shares of Beneficial Interest Par Value $.01 $44,941 0.02% 3,828 $2,201 Up ×1
DVA DaVita Inc. Common Stock $44,496 0.02% 200 $13,758
RSP Invesco Exchange-Traded Fund Trust $43,472 0.02% 204 $4,409
PSX Phillips 66 Common Stock $42,263 0.02% 250 $-3,282
OKE ONEOK, Inc. Common Stock $41,383 0.02% 476 $-1,643
LIN Linde plc - Ordinary Shares $41,102 0.02% 79 $1,958
XEL Xcel Energy Inc. - Common Stock $39,684 0.02% 494 $709 Up ×1
CSCO Cisco Systems, Inc. - Common Stock $38,292 0.02% 326 $20,214 Up ×1
PWZ Invesco Exchange-Traded Fund Trust II $37,934 0.02% 1,548 Up ×1
F Ford Motor Company Common Stock $37,436 0.02% 2,693 $12,126 Up ×1
RCL Royal Caribbean Cruises Ltd. Common Stock $37,295 0.02% 117 $5,151
NVG Nuveen AMT-Free Municipal Credit Income Fund $36,224 0.02% 2,830 $1,547 Up ×1
EXG Eaton Vance Tax-Managed Global Diversified Equity Income Fund Common Shares of Beneficial Interest $36,052 0.02% 3,675 $4,226
MLM Martin Marietta Materials, Inc. Common Stock $35,537 0.02% 62 $-686
CRWV CoreWeave, Inc. - Class A Common Stock $35,436 0.02% 356 $18,315 Up ×1
MDT Medtronic plc. Ordinary Shares $34,812 0.02% 445 $-10,246 Down ×1
VEA Vanguard FTSE Developed Markets ETF $34,200 0.02% 480 $3,442
NKX Nuveen California AMT-Free Quality Municipal Income Fund $33,775 0.02% 2,696 $1,698

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
QQQ $32,933,219 15.35% up ×3
SPY $30,352,155 14.14% up ×3
XLY $6,986,333 3.26% up ×3
META $4,078,426 1.90% up ×3
AAPL $3,735,195 1.74% up ×3
EIG $526,183 0.25% up ×6
XLK $512,416 0.24% up ×4
SCHX $396,468 0.18% up ×4
SCHM $271,358 0.13% up ×4
BND $238,021 0.11% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
TFLO $2,288,830 45,207 1.07%
PLTR $840,607 7,205 0.39%
IYT $49,448 570 0.02%
PWZ $37,934 1,548 0.02%
ETN $31,959 75 0.01%
QGRO $25,617 217 0.01%
IVV $23,277 31 0.01%
SPYG $20,731 174 0.01%
AVUS $20,493 160 0.01%
Unknown issuer (CUSIP: 84615Q103) $18,965 111 0.01%
MRNA $18,838 269 0.01%
VB $18,545 61 0.01%
Unknown issuer (CUSIP: 43849R105) $18,129 82 0.01%
INTC $17,873 128 0.01%
CRM $15,666 100 0.01%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
QQQ Bought more +6K +$10.6M
SPY Bought more +6K +$7.8M
VIG Bought more +15K +$4.6M
MSFT Bought more +11K +$4.3M
VCIT Bought more +43K +$3.5M
AVGO Bought more +7K +$2.8M
AAPL Bought more +9K +$2.8M
XLY Bought more +20K +$2.6M
WMT Bought more +20K +$1.8M
AMZN Bought more +2K +$1.5M

4 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
SDY June 30, 2025 60,569 $8,217,941
SPYD Sept. 30, 2025 121,023 $5,136,219
MSFT Dec. 31, 2025 9,443 $4,891,197 9.4%
CASY Dec. 31, 2025 7,919 $4,476,643 12.3%
HD June 30, 2025 10,266 $3,762,299 -21.8%
SMH June 30, 2025 17,489 $3,698,409 128.3%
IAK Sept. 30, 2025 25,478 $3,425,794
SPLV Dec. 31, 2025 46,127 $3,389,380
CTAS Dec. 31, 2025 16,503 $3,387,469 4.2%
LLY Sept. 30, 2025 4,047 $3,154,765 51.7%
DLR June 30, 2025 20,577 $2,948,412 5.9%
GOOGL June 30, 2025 16,940 $2,619,587 97.3%
XLV June 30, 2025 16,149 $2,357,885 24.4%
WM June 30, 2025 9,623 $2,227,795 -9.2%
CRM June 30, 2025 7,987 $2,143,431 -17.5%
PANW June 30, 2026 11,104 $1,780,193 23.1%
FDN June 30, 2025 6,930 $1,539,500
NOW Sept. 30, 2025 1,382 $1,420,807 -25.0%
CIBR June 30, 2025 21,479 $1,353,161
CVX June 30, 2025 8,014 $1,340,637 45.0%
MCK June 30, 2025 1,812 $1,219,619 25.8%
SMCI Dec. 31, 2025 20,715 $993,077 48.5%
MRVL June 30, 2025 12,985 $799,502 270.8%
BRK-B (filed as BRKB) June 30, 2025 1,297 $690,756 No longer tracked
TGT June 30, 2025 5,987 $624,767 56.4%
HACK June 30, 2025 8,453 $606,955
CAT June 30, 2025 1,749 $576,713 122.4%
ETN June 30, 2025 1,335 $362,893 24.7%
XLE June 30, 2025 3,510 $327,990 50.5%
UNH March 31, 2026 800 $264,027 39.1%
AXP June 30, 2026 124 $37,552 -10.0%
IDHQ June 30, 2026 1,543 $36,832
OXY June 30, 2026 534 $34,679 20.1%
SPYD June 30, 2026 610 $27,767
HON June 30, 2026 117 $26,382 -4.9%
REMX June 30, 2026 165 $14,520 -24.7%
TTAN June 30, 2026 200 $12,692 -2.9%
HAL June 30, 2026 300 $11,697 -3.6%
BULL June 30, 2026 2,300 $11,040 11.7%
USAS June 30, 2026 2,000 $10,440 No longer tracked
TPL June 30, 2026 20 $9,491 -18.8%
ARCC June 30, 2026 517 $9,316 0.6%
CCL June 30, 2026 352 $9,105 -7.0%
TEAM June 30, 2026 100 $6,825 149.4%
DOW June 30, 2026 150 $6,248 2.9%
PGF June 30, 2026 400 $5,504
APP June 30, 2026 13 $5,174 -45.9%
GPN June 30, 2026 42 $2,803 12.7%
UP June 30, 2026 2,000 $1,033 -61.3%