Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +19.5%
S&P 500 total return (same window) +37.0%
Excess return -17.5%

Annualized: +15.3% · S&P 500: +28.7%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 99.7% · Options excluded: 0.0%

Sector breakdown

04
Technology 37.5%
Healthcare 15.1%
Communication Services 12.4%
Industrials 9.1%
Financials 7.6%
Utilities 5.6%
Retail 4.3%
Consumer Discretionary 2.3%
Real Estate 2.1%
Energy 2.0%
Consumer Staples 1.3%
Materials 0.3%
Consumer products 0.2%
Other/Unmapped 0.2%

Full portfolio 102 positions

05
Type Streak 8Q trend
NVDA NVIDIA Corporation - Common Stock $471,472,067 5.93% 2,356,300 $225,969,187 Up ×1
AAPL Apple Inc. - Common Stock $382,182,637 4.80% 1,320,786 $209,135,418 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $332,007,451 4.17% 929,030 $67,397,615 Up ×1
LRCX Lam Research Corporation - Common Stock $327,034,151 4.11% 754,700 $117,177,299 Down ×2
AVGO Broadcom Inc. - Common Stock $321,915,528 4.05% 852,192 $88,330,807 Up ×1
KLAC KLA Corporation - Common Stock $279,580,175 3.51% 926,652 $150,910,682 Up ×1
AMZN Amazon.com, Inc. - Common Stock $237,396,174 2.98% 996,040 $3,758,888 Down ×1
MSFT Microsoft Corporation - Common Stock $230,216,753 2.89% 617,170 $-144,865,402 Down ×2
TXN Texas Instruments Incorporated - Common Stock $226,643,784 2.85% 760,371 $36,093,238 Down ×2
V Visa Inc. $215,693,478 2.71% 628,679 $46,233,857 Up ×1
ANET Arista Networks, Inc. Common Stock $201,282,318 2.53% 1,184,850 Up ×1
ABBV AbbVie Inc. Common Stock $199,537,686 2.51% 792,949 $25,361,037 Down ×2
BAC Bank of America Corporation Common Stock $198,598,092 2.50% 3,485,400 Up ×1
META Meta Platforms, Inc. - Class A Common Stock $192,757,838 2.42% 342,200 $-35,773,769 Down ×1
NEE NextEra Energy, Inc. Common Stock $180,493,037 2.27% 2,056,432 $-35,799,591 Down ×2
TMO Thermo Fisher Scientific Inc Common Stock $179,973,199 2.26% 358,970 $-21,028,164 Down ×2
EQIX Equinix, Inc. - Common Stock $170,940,494 2.15% 163,989 $-31,448,679 Down ×2
JNJ Johnson & Johnson Common Stock $165,089,643 2.08% 650,036 $6,194,843
GILD Gilead Sciences, Inc. - Common Stock $163,685,599 2.06% 1,295,596 $-17,964,381 Down ×3
CEG Constellation Energy Corporation - Common Stock When-Issued $154,227,835 1.94% 620,960 $-22,470,395 Down ×1
APH Amphenol Corporation Common Stock $151,123,872 1.90% 857,100 $44,080,152 Up ×1
QCOM QUALCOMM Incorporated - Common Stock $149,199,446 1.88% 807,400 $27,811,418 Down ×2
MA Mastercard Incorporated Common Stock $148,759,104 1.87% 289,640 $2,628,540 Down ×2
LNG Cheniere Energy, Inc. Common Stock $140,122,003 1.76% 586,260 $-102,521,173 Down ×2
CSCO Cisco Systems, Inc. - Common Stock $138,024,427 1.74% 1,175,076 $49,721,110 Up ×1
SYK Stryker Corporation Common Stock $128,366,565 1.61% 407,720 $-32,563,673 Down ×1
PEG Public Service Enterprise Group Incorporated Common Stock $110,430,354 1.39% 1,360,650 $-28,993,878 Down ×2
MO Altria Group, Inc. $90,987,970 1.14% 1,264,600 $5,702,494 Down ×3
NTAP NetApp, Inc. - Common Stock $82,216,250 1.03% 531,250 $29,470,042 Up ×1
MCK McKesson Corporation Common Stock $81,334,295 1.02% 107,642 $-13,580,121 Down ×2
FAST Fastenal Company - Common Stock $79,540,082 1.00% 1,656,050 $1,274,882 Down ×2
GWW W.W. Grainger, Inc. Common Stock $73,526,899 0.92% 54,048 $13,305,461 Down ×2
PH Parker-Hannifin Corporation Common Stock $71,794,008 0.90% 73,400 $6,083,392
EXPE Expedia Group, Inc. - Common Stock $68,744,465 0.86% 268,659 $7,396,992 Up ×1
INSM Insmed Incorporated - Common Stock $64,473,114 0.81% 604,700 Up ×1
BMY Bristol-Myers Squibb Company Common Stock $59,965,134 0.75% 1,040,700 $-3,153,321
CDNS Cadence Design Systems, Inc. - Common Stock $54,871,784 0.69% 146,200 $15,769,918 Up ×1
TPR Tapestry, Inc. Common Stock $52,195,595 0.66% 356,576 $16,014,991 Up ×1
TT Trane Technologies plc $51,080,640 0.64% 104,000 $32,327,340 Up ×1
ADI Analog Devices, Inc. - Common Stock $50,019,590 0.63% 125,940 $30,231,282 Up ×1
FTNT Fortinet, Inc. - Common Stock $47,591,476 0.60% 309,800
ADBE Adobe Inc. - Common Stock $44,645,155 0.56% 217,760 $23,156,883 Up ×2
TJX TJX Companies, Inc. (The) Common Stock $40,935,300 0.51% 270,200 $-1,720,570 Up ×1
HPQ HP Inc. Common Stock $39,180,781 0.49% 1,785,815 $11,669,852 Up ×1
ADSK Autodesk, Inc. - Common Stock $38,940,771 0.49% 200,292 $5,857,606 Up ×1
FFIV F5, Inc. - Common Stock $37,856,520 0.48% 91,010 $30,238,461 Up ×1
FTV Fortive Corporation Common Stock $36,922,796 0.46% 604,400 $15,435,460 Up ×1
WSM Williams-Sonoma, Inc. Common Stock (DE) $36,293,670 0.46% 155,700 $7,904,889
KEYS Keysight Technologies Inc. Common Stock $36,099,218 0.45% 103,120
HCA HCA Healthcare, Inc. Common Stock $36,044,161 0.45% 92,447 $-7,705,457
MSI Motorola Solutions, Inc. Common Stock $35,532,212 0.45% 85,560 $-1,598,261
CRM Salesforce, Inc. Common Stock $34,935,180 0.44% 223,000 $-718,790 Up ×1
IBM International Business Machines Corporation Common Stock $34,189,512 0.43% 121,580 $4,719,736
INTU Intuit Inc. - Common Stock $33,408,000 0.42% 128,000 $11,252,849 Up ×2
GEN Gen Digital Inc. - Common Stock $32,869,734 0.41% 1,320,600 $20,345,901 Up ×1
CAH Cardinal Health, Inc. Common Stock $31,120,360 0.39% 131,000 $12,926,569 Up ×1
HLT Hilton Worldwide Holdings Inc. Common Stock $30,468,412 0.38% 92,200 $18,791,740 Up ×1
AMGN Amgen Inc. - Common Stock $30,410,838 0.38% 83,980 $862,475
CTAS Cintas Corporation - Common Stock $30,239,544 0.38% 177,796 $167,129
VZ Verizon Communications Inc. Common Stock $28,448,246 0.36% 671,900 $-6,942,754 Down ×2
OTIS Otis Worldwide Corporation Common Stock $28,267,680 0.36% 394,800 $-3,335,120 Down ×2
PTC PTC Inc. - Common Stock $26,655,860 0.34% 234,626 $24,457,809 Up ×1
ROL Rollins, Inc. Common Stock $26,522,306 0.33% 635,417 $-7,415,316
ROST Ross Stores, Inc. - Common Stock $24,264,900 0.31% 114,000 $6,306,273 Up ×2
ACN Accenture plc Class A Ordinary Shares (Ireland) $23,909,653 0.30% 192,138 $6,018,938 Up ×1
IDXX IDEXX Laboratories, Inc. - Common Stock $23,879,318 0.30% 45,360 $-120,234,229 Down ×2
EME EMCOR Group, Inc. Common Stock $23,834,983 0.30% 28,721 $5,081,171 Up ×2
ITW Illinois Tool Works Inc. Common Stock $23,585,795 0.30% 87,203 $3,761,328 Up ×1
SNA Snap-On Incorporated Common Stock $23,298,960 0.29% 57,900 $2,268,522
CTSH Cognizant Technology Solutions Corporation - Class A Common Stock $19,577,240 0.25% 505,480 $-7,084,243 Up ×1
WDAY Workday, Inc. - Class A Common Stock $16,416,522 0.21% 134,100 Up ×1
CL Colgate-Palmolive Company Common Stock $16,402,377 0.21% 178,909 $1,153,963
CMCSA Comcast Corporation - Class A Common Stock $16,163,720 0.20% 658,400 $-4,073,959 Down ×2
CF CF Industries Holdings, Inc. Common Stock $16,087,436 0.20% 148,600 $-4,699,948 Down ×1
DECK Deckers Outdoor Corporation Common Stock $15,833,975 0.20% 159,472 $13,581,950 Up ×1
TRGP Targa Resources, Inc. Common Stock $15,149,910 0.19% 56,500 Up ×1
YUM Yum! Brands, Inc. $15,122,756 0.19% 94,600 $414,348
DGX Quest Diagnostics Incorporated Common Stock $13,988,700 0.18% 66,000 $7,227,390 Up ×1
MTD Mettler-Toledo International, Inc. Common Stock $13,860,984 0.17% 10,850 $10,657,536 Up ×1
AME AMETEK, Inc. $13,711,224 0.17% 56,672 $6,021,702 Up ×1
CBOE Cboe Global Markets, Inc. Common Stock $13,638,054 0.17% 56,200 $3,013,608 Up ×1
TRMB Trimble Inc. - Common Stock $13,398,924 0.17% 261,800 $-3,678,290
FNF Fidelity National Financial, Inc. Common Stock $13,138,776 0.17% 278,600 $8,686,296 Up ×1
EXPD Expeditors International of Washington, Inc. Common Stock $12,353,884 0.16% 75,800 $1,497,050
NDSN Nordson Corporation - Common Stock $10,347,967 0.13% 34,300 Up ×1
BK The Bank of New York Mellon Corporation Common Stock $10,166,083 0.13% 70,300 $1,826,394
VRSN VeriSign, Inc. - Common Stock $10,112,712 0.13% 40,200 $128,640
VLTO Veralto Corp Common Stock $9,843,480 0.12% 111,000 $28,860
VRSK Verisk Analytics, Inc. - Common Stock $9,744,888 0.12% 54,280 $-1,905,762 Down ×1
RMD ResMed Inc. Common Stock $9,472,142 0.12% 48,605 $7,316,012 Up ×1
L Loews Corporation Common Stock $7,177,514 0.09% 63,400 $-881,356 Down ×1
ALL Allstate Corporation (The) Common Stock $7,090,612 0.09% 29,800 Up ×1
RPM RPM International Inc. Common Stock $7,013,565 0.09% 63,100
MNST Monster Beverage Corporation - Common Stock $6,218,964 0.08% 64,700 $1,530,802
TRV The Travelers Companies, Inc. Common Stock $4,555,656 0.06% 13,800 $-694,584 Down ×1
PM Philip Morris International Inc Common Stock $4,168,166 0.05% 23,040 $358,732
MPC Marathon Petroleum Corporation Common Stock $3,886,184 0.05% 15,200 Up ×1
FOXA Fox Corporation - Class A Common Stock $3,395,616 0.04% 65,100 $-406,224
DPZ Domino's Pizza Inc - Common Stock $2,871,588 0.04% 9,700 $-608,675
BR Broadridge Financial Solutions, Inc. Common Stock $2,424,015 0.03% 17,700 $-451,881

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
ANET $201,282,318 1,184,850 2.53%
BAC $198,598,092 3,485,400 2.50%
INSM $64,473,114 604,700 0.81%
FTNT $47,591,476 309,800 0.60%
KEYS $36,099,218 103,120 0.45%
WDAY $16,416,522 134,100 0.21%
TRGP $15,149,910 56,500 0.19%
NDSN $10,347,967 34,300 0.13%
ALL $7,090,612 29,800 0.09%
RPM $7,013,565 63,100 0.09%
MPC $3,886,184 15,200 0.05%
CRWD $1,671,277 2,190 0.02%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
NVDA Bought more +949K +$226.0M
AAPL Bought more +639K +$209.1M
KLAC Bought more +839K +$150.9M
MSFT Trimmed -396K -$144.9M
LRCX Trimmed -228K +$117.2M
LNG Trimmed -269K -$102.5M
AVGO Bought more +98K +$88.3M
GOOGL Bought more +9K +$67.4M
CSCO Bought more +37K +$49.7M
V Bought more +68K +$46.2M

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
SPGI March 31, 2026 368,900 $192,783,451
LPLA March 31, 2026 445,280 $159,040,658 -10.5%
DHR March 31, 2026 689,899 $157,931,679 23.5%
PANW June 30, 2026 982,856 $157,571,474 15.7%
CCJ Sept. 30, 2025 1,653,600 $122,746,728 0.0%
MRK March 31, 2026 1,155,015 $121,576,879 17.2%
ORLY June 30, 2026 1,156,151 $106,724,299 -1.8%
HOOD Sept. 30, 2025 1,057,936 $99,054,548 -36.1%
PG Dec. 31, 2025 613,499 $94,264,121 10.4%
NOW June 30, 2026 892,280 $93,287,874 51.2%
FCX Sept. 30, 2025 2,035,700 $88,247,595 69.8%
CNP Sept. 30, 2025 2,299,745 $84,492,631 7.2%
EQT Sept. 30, 2025 1,443,300 $84,173,256 3.3%
AZO March 31, 2026 24,102 $81,741,933 -6.5%
DASH Sept. 30, 2025 308,288 $75,996,075 -37.7%
TECK Sept. 30, 2025 1,768,600 $71,416,068 43.6%
COST Sept. 30, 2025 58,542 $57,953,067 6.2%
EOG Sept. 30, 2025 449,100 $53,716,851 43.5%
HD Dec. 31, 2025 128,958 $52,252,492 -7.7%
FTNT Sept. 30, 2025 484,025 $51,156,602 107.0%
DDOG Sept. 30, 2025 371,761 $49,938,655 95.5%
BKNG June 30, 2026 11,472 $48,300,791 -17.0%
NDAQ Sept. 30, 2025 535,200 $47,857,584 19.3%
CMS Sept. 30, 2025 681,200 $47,193,536 -6.9%
FICO Sept. 30, 2025 24,590 $44,949,536 -53.3%
WMT June 30, 2026 340,239 $42,284,903 4.9%
NTNX Sept. 30, 2025 511,641 $39,109,838 -2.3%
HES Sept. 30, 2025 255,400 $35,383,116 No longer tracked
MAR June 30, 2026 106,600 $34,865,662 6.4%
LOW Dec. 31, 2025 137,483 $34,550,853 -17.7%
CVX Sept. 30, 2025 231,100 $33,091,209 47.6%
WM Sept. 30, 2025 143,976 $32,944,588 2.0%
MCD Dec. 31, 2025 108,400 $32,941,676 -18.0%
ADP Dec. 31, 2025 110,600 $32,461,100 12.1%
GH Sept. 30, 2025 620,878 $32,310,491 192.2%
NVT Sept. 30, 2025 431,481 $31,605,983 42.1%
CHKP March 31, 2026 166,329 $30,864,009 8.7%
PFE Dec. 31, 2025 1,148,500 $29,263,780 18.3%
CHD Dec. 31, 2025 326,699 $28,628,633 24.9%
KMB Dec. 31, 2025 226,401 $28,150,700 7.4%
ELV Sept. 30, 2025 66,428 $25,837,835 28.3%
BILL Sept. 30, 2025 549,946 $25,440,502 -9.3%
CRC Sept. 30, 2025 545,528 $24,914,264 2.9%
TWLO Sept. 30, 2025 199,727 $24,838,050 153.5%
BSX March 31, 2026 259,900 $24,781,465 -32.4%
OWL Sept. 30, 2025 1,268,900 $24,375,569 -42.9%
XYZ Sept. 30, 2025 354,123 $24,055,575 4.1%
JPM Sept. 30, 2025 81,164 $23,530,255 7.6%
BAH June 30, 2025 220,500 $23,059,890 -19.8%
OKTA Sept. 30, 2025 225,296 $22,522,841 142.8%
MRSH Sept. 30, 2025 102,800 $22,476,192 -4.6%
EL Sept. 30, 2025 271,500 $21,937,200 24.0%
GDDY June 30, 2026 263,700 $21,800,079 25.5%
ARGX Sept. 30, 2025 39,500 $21,773,190 20.9%
LULU Sept. 30, 2025 89,800 $21,334,684 -40.9%
UTHR Sept. 30, 2025 70,600 $20,286,910 39.9%
CI Sept. 30, 2025 59,200 $19,570,336 2.3%
RYAN Sept. 30, 2025 280,200 $19,050,798 -24.4%
CGNX Sept. 30, 2025 581,600 $18,448,352 29.0%
RDDT Sept. 30, 2025 121,100 $18,234,027 -41.4%
ETN Sept. 30, 2025 49,000 $17,492,510 5.0%
PGR Sept. 30, 2025 65,400 $17,452,644 -8.6%
UHS June 30, 2026 95,900 $17,163,223 15.8%
VIK Sept. 30, 2025 319,400 $17,020,826 39.2%
ROP March 31, 2026 37,900 $16,870,427 24.5%
JBL Sept. 30, 2025 75,000 $16,357,500 34.0%
ABNB Sept. 30, 2025 122,077 $16,155,670 37.0%
RSG Dec. 31, 2025 69,921 $16,045,471 10.1%
BLK June 30, 2025 16,700 $15,806,216 10.4%
MOH June 30, 2025 47,800 $15,744,842 -33.5%
KO Sept. 30, 2025 217,800 $15,409,350 38.3%
TENB Sept. 30, 2025 449,732 $15,191,947 67.1%
GLOB Sept. 30, 2025 162,500 $14,761,500 -24.6%
PHM Sept. 30, 2025 137,739 $14,525,955 -9.4%
PEP Sept. 30, 2025 109,722 $14,487,693 -5.6%
IT June 30, 2026 91,378 $14,468,793 69.1%
HPE June 30, 2025 927,400 $14,309,782 195.0%
CW Sept. 30, 2025 28,700 $14,021,385 -12.1%
TDG Sept. 30, 2025 9,100 $13,837,824 -13.8%
EA March 31, 2026 67,301 $13,751,613 No longer tracked
AJG Sept. 30, 2025 42,900 $13,733,148 -13.3%
PAYX Dec. 31, 2025 106,837 $13,542,658 -3.5%
DVA Sept. 30, 2025 94,556 $13,469,502 38.4%
ACI Dec. 31, 2025 768,000 $13,447,680 -23.8%
GIS Sept. 30, 2025 254,290 $13,174,764 -34.5%
ETSY Sept. 30, 2025 251,170 $12,598,687 39.1%
TAP Sept. 30, 2025 260,300 $12,517,827 -13.3%
RS June 30, 2025 42,300 $12,214,125 39.3%
UNH Sept. 30, 2025 38,956 $12,153,103 17.9%
HOLX March 31, 2026 157,200 $11,709,828 No longer tracked
TECH Sept. 30, 2025 226,700 $11,663,715 30.7%
LIN Sept. 30, 2025 24,200 $11,354,156 7.0%
LEN June 30, 2025 93,900 $10,777,842 -24.6%
BLDR June 30, 2025 84,300 $10,532,442 -52.1%
COR Sept. 30, 2025 33,500 $10,044,975 3.8%
ABT March 31, 2026 74,700 $9,359,163 1.1%
NVR Sept. 30, 2025 1,134 $8,375,338 -27.9%
PKG Sept. 30, 2025 44,000 $8,291,800 14.0%
MAS Dec. 31, 2025 113,650 $7,999,824 19.8%
WCN Sept. 30, 2025 41,900 $7,823,568 2.3%
RPM March 31, 2026 70,200 $7,300,800 -0.1%
HSY Sept. 30, 2025 43,541 $7,225,629 -12.4%
SO Sept. 30, 2025 76,200 $6,997,446 -3.4%
MCO Sept. 30, 2025 13,300 $6,671,147 0.2%
AMP June 30, 2025 12,800 $6,196,608 -8.7%
CB Sept. 30, 2025 19,200 $5,562,624 26.0%
IEX Sept. 30, 2025 30,761 $5,400,709 46.6%
LII Dec. 31, 2025 9,834 $5,205,726 -31.5%
NRG Sept. 30, 2025 31,800 $5,106,444 -40.1%
JKHY Sept. 30, 2025 27,807 $5,009,987 6.2%
CBRE Sept. 30, 2025 35,200 $4,932,224 -21.5%
KHC Sept. 30, 2025 190,200 $4,910,964 -8.4%
T Sept. 30, 2025 168,100 $4,864,814 -26.7%
BALL Sept. 30, 2025 86,568 $4,855,599 25.5%
CMI March 31, 2026 8,900 $4,543,005 -1.2%
GRMN Sept. 30, 2025 21,700 $4,529,224 10.7%
CAH Sept. 30, 2025 25,600 $4,300,800 55.9%
AFL Sept. 30, 2025 39,800 $4,197,308 10.9%
DOCU June 30, 2026 87,200 $4,134,152 88.2%
MDT June 30, 2026 45,200 $3,916,580 21.2%
RJF Sept. 30, 2025 25,100 $3,849,587 -8.8%
TMUS Dec. 31, 2025 13,500 $3,231,630 -27.1%
SOLV June 30, 2026 47,800 $3,121,340 6.1%
SEIC June 30, 2025 39,900 $3,097,437 14.8%
WRB Sept. 30, 2025 39,150 $2,876,350 -6.5%
ECL Sept. 30, 2025 10,600 $2,856,064 6.8%
HUBB June 30, 2025 8,600 $2,845,826 7.1%
HIG Sept. 30, 2025 22,200 $2,816,514 -2.5%
KDP Sept. 30, 2025 57,700 $1,907,562 36.9%
KEYS Sept. 30, 2025 9,600 $1,573,056 91.8%
SYF Sept. 30, 2025 22,400 $1,494,976 6.1%
CCEP Sept. 30, 2025 15,300 $1,418,616 22.9%
CPRT Sept. 30, 2025 28,100 $1,378,867 -35.6%
DGX Sept. 30, 2025 7,100 $1,275,373 28.9%
MRP June 30, 2025 46,950 $1,244,879 -11.0%
SOLV Sept. 30, 2025 16,211 $1,229,442 12.1%
FERG Sept. 30, 2025 5,100 $1,110,525 2.7%
CRWD Dec. 31, 2025 2,198 $1,077,855
MTD Sept. 30, 2025 900 $1,057,248 38.4%
FE Sept. 30, 2025 25,500 $1,026,630 1.3%
DOCU Sept. 30, 2025 13,103 $1,020,593 16.0%
MANH Sept. 30, 2025 4,796 $947,066 17.0%
KVUE Sept. 30, 2025 40,100 $839,293 19.1%
FTV Sept. 30, 2025 12,200 $635,986 30.9%
AOS Sept. 30, 2025 8,200 $537,674 -16.7%
CAG Sept. 30, 2025 21,700 $444,199 -24.0%
CLX Sept. 30, 2025 3,460 $415,442 -29.6%
TTAN June 30, 2026 4,270 $270,974 14.4%
FG March 31, 2026 5,760 $177,696 -18.6%