Sector breakdown

04
Technology 1.5%
Financials 0.8%
Healthcare 0.8%
Consumer products 0.6%
Energy 0.4%
Communication Services 0.4%
Consumer Staples 0.2%
Retail 0.2%
Industrials 0.2%
Materials 0.1%
Utilities 0.1%
Consumer Discretionary 0.1%
Other/Unmapped 94.7%

Full portfolio 161 positions

05
Type Streak 8Q trend
TSPA T. Rowe Price U.S. Equity Research ETF $64,130,131 16.51% 1,349,256 $8,047,075 Down ×2
COWZ Pacer Funds Trust $51,688,184 13.31% 831,000 $522,827 Up ×1
SCHG SCHWAB STRATEGIC TRUST $43,232,128 11.13% 1,277,545 $5,813,489 Down ×1
DGRO iShares Trust $31,959,003 8.23% 421,678 $2,514,547 Up ×1
SCHX SCHWAB STRATEGIC TRUST $31,362,954 8.07% 1,065,680 $3,697,455 Down ×2
VOT Vanguard Morningstar Mid-Cap Growth ETF $16,837,630 4.34% 54,971 $9,600,241 Up ×3
VOE Vanguard Morningstar Mid-Cap Value ETF $12,718,904 3.27% 64,367 $1,019,593 Up ×1
XSMO Invesco Exchange-Traded Fund Trust $9,382,206 2.42% 100,205 $1,643,076 Down ×2
IJR iShares Trust $8,977,885 2.31% 60,535 $1,474,190 Up ×1
FSMD Fidelity Small-Mid Multifactor ETF $8,640,762 2.22% 163,496 $1,277,659 Down ×2
AVUV AMERICAN CENTURY ETF TRUST $8,384,939 2.16% 67,209 $896,469 Down ×3
FMDE Fidelity Covington Trust $7,939,396 2.04% 195,648 Up ×1
EZM WisdomTree U.S. MidCap Fund $7,722,205 1.99% 101,898 $1,027,726 Up ×5
IDEQ Lazard International Dynamic Equity ETF $6,122,086 1.58% 174,568 $1,161,529 Up ×3
SDVY First Trust SMID Cap Rising Dividend Achievers ETF $6,098,795 1.57% 141,372 $565,006 Up ×1
ONEV SPDR SERIES TRUST $5,951,605 1.53% 41,601 $500,324 Up ×4
EMXC iShares MSCI Emerging Markets ex China ETF $2,917,731 0.75% 28,521 $862,409 Up ×5
AAPL Apple Inc. - Common Stock $2,895,626 0.75% 10,007 $518,121 Up ×1
ICVT iShares Convertible Bond ETF $2,516,733 0.65% 20,673 $333,745 Down ×6
PVAL Putnam Focused Large Cap Value ETF $2,496,573 0.64% 49,000 $167,896 Down ×6
LVHI Legg Mason ETF Investment Trust $2,481,123 0.64% 61,134 $232,739 Up ×5
DFIS Dimensional ETF Trust $2,329,920 0.60% 66,512 $307,139 Up ×5
RSP Invesco Exchange-Traded Fund Trust $2,311,585 0.60% 10,864 $148,430 Down ×5
PG Procter & Gamble Company (The) Common Stock $2,219,690 0.57% 15,137 $23,191 Down ×5
WINN Harbor ETF Trust $2,130,649 0.55% 65,619 $256,264 Down ×6
BSV VANGUARD BOND INDEX FUNDS $2,123,835 0.55% 27,260 $-89,130 Down ×6
IHDG WisdomTree Trust $2,116,453 0.54% 40,406 $356,434 Up ×5
BIV VANGUARD BOND INDEX FUNDS $2,043,912 0.53% 26,648 $-77,689 Down ×6
MOAT VanEck ETF Trust $1,946,443 0.50% 18,723 $50,543 Down ×6
AJG Arthur J. Gallagher & Co. Common Stock $1,795,008 0.46% 7,819 $101,569
LLY Eli Lilly and Company Common Stock $1,600,040 0.41% 1,334 $378,585 Up ×1
ZROZ PIMCO ETF Trust $1,587,192 0.41% 24,761 $-2,624 Down ×3
USMV iShares MSCI USA Min Vol Factor ETF $1,245,009 0.32% 12,907 $-1,417 Down ×6
XOM Exxon Mobil Corporation Common Stock $1,169,867 0.30% 8,557 $13,881 Up ×4
OEF iShares Trust $1,009,435 0.26% 2,759 $113,432 Down ×1
HIMU iShares High Yield Muni Active ETF $1,009,414 0.26% 20,269 $8,854 Down ×1
MSFT Microsoft Corporation - Common Stock $937,772 0.24% 2,514 $9,386 Up ×1
USHY iShares Broad USD High Yield Corporate Bond ETF $903,037 0.23% 24,393 $401,829 Up ×1
JNJ Johnson & Johnson Common Stock $726,354 0.19% 2,860 $239,430 Up ×1
NVDA NVIDIA Corporation - Common Stock $715,922 0.18% 3,578 $382,469 Up ×2
UDOW ProShares UltraPro Dow30 $662,280 0.17% 9,449 $188,129
GOOGL Alphabet Inc. - Class A Common Stock $642,551 0.17% 1,798 $442,984 Up ×1
SPYM State Street SPDR Portfolio S&P 500 ETF $626,760 0.16% 7,132 $88,913 Up ×6
QQQ Invesco QQQ Trust, Series 1 $626,676 0.16% 851 $135,496
VBK Vanguard Morningstar Small-Cap Growth ETF $613,645 0.16% 1,678 $124,000 Up ×1
KO Coca-Cola Company (The) Common Stock $565,395 0.15% 6,957 $36,315
FTLS First Trust Exchange-Traded Fund III $540,295 0.14% 7,321 $4,362 Down ×6
GUNR FlexShares Trust $517,010 0.13% 10,491 $-85,122 Down ×6
VBR Vanguard Morningstar Small-Cap Value ETF $494,485 0.13% 2,035 $62,375 Up ×1
WMT Walmart Inc. - Common Stock $463,460 0.12% 4,092 $128,650 Up ×1
JPM JP Morgan Chase & Co. Common Stock $444,187 0.11% 1,357 Up ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $443,062 0.11% 1,066 $154,613
MU Micron Technology, Inc. - Common Stock $439,784 0.11% 381 Up ×1
GLD SPDR Gold Shares $439,109 0.11% 1,192 $-158,134 Down ×3
GNLX Genelux Corporation - Common Stock $436,173 0.11% 144,908 $59,452 Down ×1
XLK SELECT SECTOR SPDR TRUST $425,050 0.11% 2,231 $113,798 Down ×1
SDY SPDR SERIES TRUST $410,777 0.11% 2,699 $18,413 Up ×6
QUAL iShares Trust $410,773 0.11% 1,872 $27,153 Down ×1
IYW iShares U.S. Technology ETF $407,604 0.10% 1,616 $114,429
PPG PPG Industries, Inc. Common Stock $381,336 0.10% 3,144 $45,305
ACWI iShares MSCI ACWI ETF $379,396 0.10% 2,417 $44,956
VIG Vanguard Div Appreciation ETF $367,644 0.09% 1,554 $34,675 Up ×4
MGK VANGUARD WORLD FUND $353,398 0.09% 4,020 $57,976 Up ×1
CSCO Cisco Systems, Inc. - Common Stock $352,967 0.09% 3,005 Up ×1
COHR Coherent Corp. Common Stock $331,355 0.09% 840 $131,259
WTAI WisdomTree Trust $318,761 0.08% 6,715 $117,368 Down ×4
VTV Vanguard Morningstar Value ETF $304,666 0.08% 1,398 $164,579 Up ×1
SCHD SCHWAB STRATEGIC TRUST $299,410 0.08% 9,442 $20,203 Up ×2
IVV iShares Trust $298,807 0.08% 399 $38,176
IEFA iShares Core MSCI EAFE ETF $282,786 0.07% 2,928 $72,394 Up ×1
META Meta Platforms, Inc. - Class A Common Stock $279,392 0.07% 496 $193 Up ×1
SOXX iShares Trust $272,964 0.07% 426 $128,682 Down ×3
MUB iShares Trust $269,696 0.07% 2,506 Up ×1
XLE SELECT SECTOR SPDR TRUST $269,108 0.07% 5,067 $-67,454 Down ×2
DUK Duke Energy Corporation (Holding Company) Common Stock $266,831 0.07% 2,108 $-9,191
XLI SELECT SECTOR SPDR TRUST $263,953 0.07% 1,425 $10 Down ×3
MA Mastercard Incorporated Common Stock $261,422 0.07% 509 $7,095
MCD McDonald's Corporation Common Stock $260,849 0.07% 965 $-41,239 Down ×1
TXN Texas Instruments Incorporated - Common Stock $260,811 0.07% 875 Up ×1
CAT Caterpillar, Inc. Common Stock $254,511 0.07% 239 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $254,398 0.07% 720 $47,859
AMLP ALPS ETF Trust $252,158 0.06% 4,863 $-16,095 Down ×6
PNC PNC Financial Services Group, Inc. (The) Common Stock $238,833 0.06% 970 $36,986
LRCX Lam Research Corporation - Common Stock $238,765 0.06% 551 Up ×1
SPY SPY $236,726 0.06% 317 $30,568
VOO Vanguard S&P 500 ETF $235,576 0.06% 343 $30,616
AVGO Broadcom Inc. - Common Stock $231,183 0.06% 612
NLR VanEck ETF Trust $222,682 0.06% 1,920 $-33,043
PNFP Pinnacle Financial Partners, Inc. - Common Stock $218,405 0.06% 2,165 Up ×1
MPC Marathon Petroleum Corporation Common Stock $217,831 0.06% 852 Up ×1
V Visa Inc. $217,519 0.06% 634
QXO QXO, Inc. Common Stock $215,326 0.06% 12,461 $-26,667
AMZN Amazon.com, Inc. - Common Stock $209,263 0.05% 878
PEP PepsiCo, Inc. - Common Stock $205,943 0.05% 1,521 $-25,284 Up ×1
COST Costco Wholesale Corporation - Common Stock $202,062 0.05% 216 Up ×1
FDLO Fidelity Low Volatility Factor ETF $197,215 0.05% 2,886 $10,808
IVE iShares Trust $193,455 0.05% 852 $13,555
IJH iShares Trust $192,852 0.05% 2,501 $22,811 Down ×1
XLV SELECT SECTOR SPDR TRUST $181,190 0.05% 1,142 $13,761
XLF SELECT SECTOR SPDR TRUST $178,039 0.05% 3,321 $14,081

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
VOT $16,837,630 4.34% up ×3
EZM $7,722,205 1.99% up ×5
IDEQ $6,122,086 1.58% up ×3
ONEV $5,951,605 1.53% up ×4
EMXC $2,917,731 0.75% up ×5
LVHI $2,481,123 0.64% up ×5
DFIS $2,329,920 0.60% up ×5
IHDG $2,116,453 0.54% up ×5
XOM $1,169,867 0.30% up ×4
SPYM $626,760 0.16% up ×6
SDY $410,777 0.11% up ×6
VIG $367,644 0.09% up ×4
FFSM $134,843 0.03% up ×6
IEMG $81,515 0.02% up ×4
BIL $23,918 0.01% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
FMDE $7,939,396 195,648 2.04%
JPM $444,187 1,357 0.11%
MU $439,784 381 0.11%
CSCO $352,967 3,005 0.09%
MUB $269,696 2,506 0.07%
TXN $260,811 875 0.07%
CAT $254,511 239 0.07%
LRCX $238,765 551 0.06%
AVGO $231,183 612 0.06%
PNFP $218,405 2,165 0.06%
MPC $217,831 852 0.06%
V $217,519 634 0.06%
AMZN $209,263 878 0.05%
COST $202,062 216 0.05%
PSP $153,119 2,749 0.04%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VOT Bought more +27K +$9.6M
TSPA Trimmed -22K +$8.0M
SCHG Trimmed -7K +$5.8M
SCHX Trimmed -13K +$3.7M
DGRO Bought more +2K +$2.5M
XSMO Trimmed -2K +$1.6M
IJR Bought more +172 +$1.5M
FSMD Trimmed -1K +$1.3M
IDEQ Bought more +18K +$1.2M
EZM Bought more +2K +$1.0M

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
VEA June 30, 2025 55,214 $2,806,528
HON June 30, 2026 3,584 $810,092 -4.9%
HCA Dec. 31, 2025 1,008 $429,610 -7.4%
ACWV Sept. 30, 2025 3,285 $389,502
VPC June 30, 2026 25,729 $389,287
TSLA Sept. 30, 2025 1,069 $339,579 -14.4%
IBIT March 31, 2026 5,000 $248,250
PEP June 30, 2025 1,513 $226,859 -4.8%
MNSB March 31, 2026 10,932 $222,576 12.0%
V March 31, 2026 634 $222,350 22.6%
PNFP March 31, 2026 2,165 $206,563 11.6%
AMZN March 31, 2026 878 $202,660 23.1%
NEE June 30, 2026 2,178 $202,293 -11.3%
AVGO March 31, 2026 584 $202,122 21.4%
NFLX Dec. 31, 2025 168 $201,419 -26.7%
EFA Sept. 30, 2025 70 $6,257
IBB June 30, 2025 20 $2,558 60.5%
IEF Sept. 30, 2025 26 $2,490
IQLT Sept. 30, 2025 51 $2,204
FXI June 30, 2025 45 $1,613 -8.1%
IWN Sept. 30, 2025 10 $1,578 20.1%
AMZA June 30, 2025 25 $1,188
IWO Sept. 30, 2025 4 $1,143
XRT June 30, 2025 15 $1,036 7.6%