Sector breakdown

04
Technology 2.8%
Industrials 2.2%
Communication Services 1.6%
Real Estate 1.1%
Retail 1.1%
Financials 1.1%
Health Care 0.7%
Energy 0.4%
Consumer Discretionary 0.1%
Materials 0.1%
Consumer products 0.0%
Other/Unmapped 88.9%

Full portfolio 195 positions

05
Type Streak 8Q trend
AGG iShares Trust $72,754,358 6.67% 735,041 $1,414,270 Up ×1
BND Vanguard Total Bond Market ETF $72,701,080 6.67% 990,343 $1,372,640 Up ×1
SCHZ SCHWAB STRATEGIC TRUST $72,678,161 6.67% 3,142,160 $1,247,357 Up ×1
IVV iShares Trust $52,319,703 4.80% 69,863 $17,851,772 Up ×1
MLPX Global X Funds $49,183,445 4.51% 667,709 $-592,889 Down ×5
QQQM Invesco NASDAQ 100 ETF $45,899,046 4.21% 151,497 $1,351,712 Down ×1
NTSX WisdomTree Trust $43,404,171 3.98% 735,041 $-25,930,731 Down ×1
XLU XLU $41,063,486 3.77% 905,679 $-1,300,464 Down ×2
VIG VANGUARD SPECIALIZED FUNDS $35,847,220 3.29% 151,497 $-2,027,212 Down ×5
VOO VANGUARD INDEX FUNDS $34,667,422 3.18% 50,476 $13,798,586 Up ×3
SCHH SCHWAB STRATEGIC TRUST $32,353,510 2.97% 1,366,280 $6,166,333 Up ×1
JEPI J.P. Morgan Exchange-Traded Fund Trust $28,204,926 2.59% 499,379 $-2,062,988 Down ×1
LQD iShares Trust $24,560,383 2.25% 225,180 Up ×1
VCIT Vanguard Intermediate-Term Corporate Bond ETF $24,116,030 2.21% 291,785 $4,606,807 Up ×1
PFFD Global X Funds $23,595,658 2.16% 1,262,475 $598,970 Up ×2
SPIB SPDR SERIES TRUST $19,907,964 1.83% 594,978 Up ×1
SPY SPY $19,174,813 1.76% 25,677 $8,848,714 Up ×3
DFCF Dimensional ETF Trust $15,986,784 1.47% 378,744 $396,416 Up ×1
SPYM State Street SPDR Portfolio S&P 500 ETF $15,285,935 1.40% 173,941 $501,928 Down ×1
USIG iShares Broad USD Investment Grade Corporate Bond ETF $14,449,829 1.33% 281,728 Up ×1
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF $14,417,577 1.32% 271,160 Up ×1
BAB Invesco Exchange-Traded Fund Trust II $12,047,939 1.11% 448,880 $407,797 Up ×2
Unknown issuer (CUSIP: 018802AE8) $10,982,036 1.01% 9,980,000 Up ×1
Unknown issuer (CUSIP: 37940XAU6) $10,201,883 0.94% 11,367,000 $186,976
Unknown issuer (CUSIP: 69352PAS2) $10,124,200 0.93% 8,920,000 $-325,580
BACPRL CUSIP: 060505682 $10,096,216 0.93% 8,048 $506,541
NEEPRT CUSIP: 65339F119 $9,989,700 0.92% 201,000 $-570,840
WELL Welltower Inc. Common Stock $9,941,286 0.91% 43,800 $1,417,062 Down ×1
Unknown issuer (CUSIP: 92939UAR7) $9,842,616 0.90% 7,944,000 $15,888
Unknown issuer (CUSIP: 90353TAM2) $9,770,124 0.90% 8,169,000 $-53,099
Unknown issuer (CUSIP: 29786AAN6) $9,523,633 0.87% 10,430,000 $210,686
WFCPRL CUSIP: 949746804 $9,487,400 0.87% 8,200 $-9,922,000 Down ×1
Unknown issuer (CUSIP: 59001ABF8) $9,379,611 0.86% 9,102,000 $614,385
IEFA iShares Trust $8,864,499 0.81% 91,784 $-12,519,592 Down ×1
Unknown issuer (CUSIP: 02079K404) $8,819,237 0.81% 173,300 Up ×1
SCYB SCHWAB STRATEGIC TRUST $7,932,383 0.73% 302,994 $103,965 Up ×1
NFLX Netflix, Inc. - Common Stock $7,249,528 0.66% 101,534 $4,340,798 Up ×4
Unknown issuer (CUSIP: 23804LAD5) $7,135,930 0.65% 5,020,000 $3,385,910 Up ×2
Unknown issuer (CUSIP: 40131MAB5) $6,751,504 0.62% 5,429,000 $4,645,669 Up ×1
Unknown issuer (CUSIP: 18915MAF4) $6,354,095 0.58% 5,023,000 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $5,851,576 0.54% 16,374 $953,279 Down ×3
Unknown issuer (CUSIP: 40637HAD1) $5,677,713 0.52% 5,110,000 $2,598,194 Up ×2
Unknown issuer (CUSIP: 26142RAB0) $5,368,495 0.49% 5,780,000 $166,495
Unknown issuer (CUSIP: 82452JAD1) $5,311,140 0.49% 5,576,000 $2,314,890 Up ×1
WDC Western Digital Corporation - Common Stock $5,301,376 0.49% 8,300 Up ×1
BAPRA CUSIP: 097023204 $5,286,840 0.48% 78,000 $-1,028,903 Down ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $4,899,391 0.45% 10,259 $496,240 Down ×1
NVDA NVIDIA Corporation - Common Stock $4,873,592 0.45% 24,357 $-434,097 Down ×1
MOG-A (filed as MOGA) Moog Inc. Class A $4,577,472 0.42% 10,800
AAPL Apple Inc. - Common Stock $4,487,974 0.41% 15,510 $-743,653 Down ×1
AMZN Amazon.com, Inc. - Common Stock $4,456,481 0.41% 18,698 $-430,575 Down ×3
SCHI SCHWAB STRATEGIC TRUST $4,173,865 0.38% 184,358
ARESPRB CUSIP: 03990B309 $4,130,455 0.38% 112,700 $1,550,821 Up ×1
ITT ITT Inc. Common Stock $3,955,200 0.36% 20,000 $87,441 Down ×1
VMBS Vanguard Mortgage-Backed Securities ETF $3,939,764 0.36% 84,165 $72,258 Up ×1
LLY Eli Lilly and Company Common Stock $3,881,355 0.36% 3,236 $2,440,075 Up ×1
Unknown issuer (CUSIP: 682189AU9) $3,267,960 0.30% 2,712,000 $-6,460,120 Down ×1
Unknown issuer (CUSIP: 842587DZ7) $3,106,230 0.28% 2,820,000 $-26,206
WMT Walmart Inc. - Common Stock $3,091,319 0.28% 27,294 $-5,000,871 Down ×1
KKRPRD CUSIP: 48251W500 $2,781,530 0.26% 69,800 $-25,826
ATI ATI Inc. Common Stock $2,779,110 0.25% 14,100 $1,775,436 Up ×1
V Visa Inc. $2,779,029 0.25% 8,100 $2,359,835 Up ×2
HPEPRC CUSIP: 42824C208 $2,583,844 0.24% 22,340 $-3,211,734 Down ×1
UBER Uber Technologies, Inc. Common Stock $2,542,774 0.23% 35,238 $-26,853 Down ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $2,492,443 0.23% 4,981 $-688,007 Down ×1
MELI MercadoLibre, Inc. - Common Stock $2,418,781 0.22% 1,425 $-217,975 Down ×1
COST Costco Wholesale Corporation - Common Stock $2,359,256 0.22% 2,522 $-408,827 Down ×3
APP Applovin Corporation - Class A Common Stock $2,278,862 0.21% 4,423 $921,284 Up ×4
PINK Simplify Exchange Traded Funds $2,196,315 0.20% 56,100
GE GE Aerospace Common Stock $2,055,515 0.19% 5,500 $-797,509 Down ×1
MSFT Microsoft Corporation - Common Stock $1,792,734 0.16% 4,806 $-2,315,042 Down ×3
JPM JP Morgan Chase & Co. Common Stock $1,692,951 0.16% 5,172 $-608,557 Down ×1
BIL SPDR SERIES TRUST $1,646,771 0.15% 17,970 Up ×1
HEI Heico Corporation Common Stock $1,638,474 0.15% 4,600 $541,674 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $1,580,445 0.14% 4,473 $-692,634 Down ×1
AVGO Broadcom Inc. - Common Stock $1,563,886 0.14% 4,140 $-919,003 Down ×1
POWR iShares, Inc. $1,485,571 0.14% 53,132 $88,955 Down ×1
APO Apollo Global Management, Inc. (New) Common Stock $1,480,650 0.14% 12,515 $89,348 Up ×1
XOM Exxon Mobil Corporation Common Stock $1,476,849 0.14% 10,802 $-555,508 Down ×2
WLDR Two Roads Shared Trust $1,234,446 0.11% 26,563 $359,477 Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock $1,175,762 0.11% 2,024 $-89,369 Down ×1
ABBV AbbVie Inc. Common Stock $1,151,001 0.11% 4,574 $-131,537 Down ×1
BX Blackstone Inc. Common Stock $1,147,753 0.11% 9,754 $31,315 Up ×1
XLK SELECT SECTOR SPDR TRUST $1,143,120 0.10% 6,000 Up ×1
SPOT Spotify Technology S.A. Ordinary Shares $1,088,138 0.10% 2,370 $-1,467,338 Down ×2
DE Deere & Company Common Stock $1,074,555 0.10% 1,694 $-132,597 Down ×1
TDG Transdigm Group Incorporated Common Stock $1,052,312 0.10% 790 $1,032,610 Up ×1
LNG Cheniere Energy, Inc. Common Stock $1,051,644 0.10% 4,400 $-1,530,572 Down ×1
ITA iShares Trust $1,011,376 0.09% 4,172 $-144,062 Down ×1
GS Goldman Sachs Group, Inc. (The) Common Stock $990,131 0.09% 979 $414,012 Up ×2
XLP XLP $984,546 0.09% 11,852
CVX Chevron Corporation Common Stock $982,625 0.09% 5,928 Up ×1
CAT Caterpillar, Inc. Common Stock $966,929 0.09% 908 $-302,632 Down ×2
CBRE CBRE Group Inc Common Stock Class A $956,299 0.09% 7,100 Up ×1
Unknown issuer (CUSIP: 47775AAA9) $913,349 0.08% 1,007,000 Up ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $895,683 0.08% 2,155 $815,859 Up ×1
VRT Vertiv Holdings, LLC Class A Common Stock $831,023 0.08% 2,482 $74,021 Down ×1
Unknown issuer (CUSIP: 84615Q103) $826,108 0.08% 4,835 Up ×1
SMCI Super Micro Computer, Inc. - Common Stock $799,067 0.07% 27,244 Up ×1
MOD Modine Manufacturing Company Common Stock $798,657 0.07% 2,991 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
VOO $34,667,422 3.18% up ×3
SPY $19,174,813 1.76% up ×3
NFLX $7,249,528 0.66% up ×4
APP $2,278,862 0.21% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
LQD $24,560,383 225,180 2.25%
SPIB $19,907,964 594,978 1.83%
USIG $14,449,829 281,728 1.33%
IGIB $14,417,577 271,160 1.32%
Unknown issuer (CUSIP: 018802AE8) $10,982,036 9,980,000 1.01%
Unknown issuer (CUSIP: 02079K404) $8,819,237 173,300 0.81%
Unknown issuer (CUSIP: 18915MAF4) $6,354,095 5,023,000 0.58%
WDC $5,301,376 8,300 0.49%
MOG-A (filed as MOGA) $4,577,472 10,800 0.42%
SCHI $4,173,865 184,358 0.38%
PINK $2,196,315 56,100 0.20%
BIL $1,646,771 17,970 0.15%
XLK $1,143,120 6,000 0.10%
XLP $984,546 11,852 0.09%
CVX $982,625 5,928 0.09%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
NTSX Trimmed -562K -$25.9M
IVV Bought more +17K +$17.9M
VOO Bought more +16K +$13.8M
IEFA Trimmed -144K -$12.5M
WFCPRL Trimmed -8K -$9.9M
SPY Bought more +10K +$8.8M
· Trimmed -7.2M -$6.5M
SCHH Bought more +148K +$6.2M
WMT Trimmed -42K -$5.0M
· Bought more +3.4M +$4.6M

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
SPAB March 31, 2026 2,786,100 $71,742,075
SPHY March 31, 2026 1,002,765 $23,735,448
SCHI March 31, 2026 514,536 $11,818,892 -4.8%
BKNG Sept. 30, 2025 1,600 $9,262,784 -97.1%
MBB March 31, 2026 81,858 $7,794,519
IEMG Dec. 31, 2025 109,392 $7,211,121
CYBR Sept. 30, 2025 14,000 $5,696,320 No longer tracked
CCL March 31, 2026 138,600 $4,232,844 -0.5%
MCHPP June 30, 2026 68,000 $3,873,960 -10.0%
MOG-A (filed as MOGA) March 31, 2026 14,900 $3,628,895 No longer tracked
VEEV Sept. 30, 2025 12,500 $3,599,750 -8.3%
MPWR Dec. 31, 2025 3,900 $3,590,496 58.8%
PEN June 30, 2025 12,200 $3,262,402 23.7%
PGR Sept. 30, 2025 12,000 $3,202,320 -14.8%
KO Sept. 30, 2025 43,578 $3,083,144 29.1%
MDT June 30, 2026 33,200 $2,876,780 10.4%
CFG March 31, 2026 45,100 $2,634,291 7.3%
TJX March 31, 2026 16,950 $2,603,690 -16.9%
WIX June 30, 2025 15,180 $2,480,108 -54.2%
KKR March 31, 2026 18,925 $2,412,559 -2.4%
OKTA June 30, 2025 22,100 $2,325,362 111.6%
MCD June 30, 2026 7,439 $2,311,967 -14.2%
EXPE Dec. 31, 2025 10,500 $2,244,375 -6.5%
SCHW March 31, 2026 22,000 $2,198,020 2.9%
BABA June 30, 2026 17,290 $2,169,203 10.3%
TW Sept. 30, 2025 14,600 $2,137,440 -7.9%
APOPRA March 31, 2026 27,100 $2,046,592 No longer tracked
TEAM June 30, 2025 8,900 $1,888,669 -7.5%
SHOP Dec. 31, 2025 12,200 $1,813,042 -6.0%
BN Dec. 31, 2025 25,500 $1,748,790 -19.5%
ORLY Sept. 30, 2025 19,125 $1,723,736 -21.3%
SHLD June 30, 2026 22,000 $1,558,480
PODD Dec. 31, 2025 4,400 $1,358,412 -53.7%
SBUX March 31, 2026 15,900 $1,338,939 5.7%
IBM March 31, 2026 4,061 $1,202,909 -8.1%
AZO June 30, 2025 305 $1,162,898 -24.8%
XLP Sept. 30, 2025 13,987 $1,132,527 No longer tracked
NU June 30, 2026 77,000 $1,106,490 0.5%
DOV June 30, 2026 5,300 $1,104,785 -15.4%
XLF Sept. 30, 2025 21,069 $1,103,384 -0.7%
EBAY Dec. 31, 2025 11,900 $1,082,305 22.2%
WFC June 30, 2026 12,538 $1,070,055 -2.7%
GEV March 31, 2026 1,600 $1,045,712 13.3%
CMG June 30, 2025 20,500 $1,029,305 -42.4%
PINK June 30, 2025 35,000 $1,025,850
ETSY Dec. 31, 2025 15,100 $1,002,489 31.3%
RYAN June 30, 2025 13,500 $997,245 -44.6%
CMG Dec. 31, 2025 25,000 $979,750 -12.5%
XLI Sept. 30, 2025 6,507 $959,913 10.2%
WRBY June 30, 2026 43,500 $947,865 -10.9%
BKNG March 31, 2026 162 $867,563 -5.6%
HOOD Dec. 31, 2025 5,488 $785,772 -0.3%
BRK-A (filed as BRKA) Sept. 30, 2025 1 $728,800 No longer tracked
NEE March 31, 2026 8,916 $715,776 -17.3%
CEG March 31, 2026 2,010 $710,073 -7.8%
XLC Sept. 30, 2025 6,441 $699,042 -6.8%
XLRE Sept. 30, 2025 16,714 $692,294 No longer tracked
XLY Sept. 30, 2025 3,175 $690,023 No longer tracked
HON Dec. 31, 2025 2,672 $562,456 9.7%
PYPL Sept. 30, 2025 7,453 $553,907 -21.3%
SLB Sept. 30, 2025 16,081 $543,538 41.8%
VGT Sept. 30, 2025 720 $477,562
SHOP June 30, 2026 4,000 $474,480 32.6%
CRWD June 30, 2026 1,200 $468,492 41.5%
HUBS Sept. 30, 2025 750 $417,473 -54.1%
SPG Sept. 30, 2025 2,549 $409,777 7.1%
NRG March 31, 2026 2,418 $385,042 -34.8%
VST June 30, 2026 2,377 $383,481 -11.7%
INTC Sept. 30, 2025 16,844 $377,306 255.7%
MS Sept. 30, 2025 2,547 $358,770 19.7%
PLD Dec. 31, 2025 2,980 $341,270 1.0%
AMT Dec. 31, 2025 1,748 $336,175 -7.6%
TTWO March 31, 2026 1,291 $330,535 2.6%
ALB Dec. 31, 2025 3,610 $292,699 -26.1%
AFRM Dec. 31, 2025 4,000 $292,320 -4.9%
CALX Dec. 31, 2025 4,637 $284,573 -34.2%
EA Dec. 31, 2025 1,400 $282,380 No longer tracked
IHAK March 31, 2026 4,563 $219,572
CIEN Sept. 30, 2025 2,200 $178,926 168.6%
UNP Sept. 30, 2025 716 $164,737 17.7%
VRNS Dec. 31, 2025 2,044 $117,469 45.0%
CRSP Sept. 30, 2025 2,131 $103,652 -14.5%
BAH Dec. 31, 2025 671 $67,066 -20.2%
SAIC Dec. 31, 2025 649 $64,491 24.4%
NBIS Sept. 30, 2025 695 $38,454 116.3%
FICO June 30, 2026 7 $7,473 -44.7%