Performance vs S&P 500

03
Tracked Q4 2025–Q3 2026 -2.1%
S&P 500 total return (same window) +11.0%
Excess return -13.1%

Annualized: -2.9% · S&P 500: +15.0%

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: 100.0% · Options excluded: 0.0%

Sector breakdown

04
Technology 34.6%
Communication Services 15.1%
Financials 12.4%
Industrials 11.8%
Healthcare 9.4%
Retail 7.4%
Materials 3.3%
Consumer Staples 1.9%
Real Estate 1.5%
Other/Unmapped 2.7%

Full portfolio 29 positions

05
Type Streak 8Q trend
NVDA NVIDIA Corporation - Common Stock $45,263,089 11.53% 198,192 $6,117,681 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $35,997,994 9.17% 104,621 $-163,204 Up ×1
AAPL Apple Inc. - Common Stock $24,187,909 6.16% 72,632 $3,171,113
MSFT Microsoft Corporation - Common Stock $23,723,677 6.04% 46,254 $11,776,965 Up ×1
AVGO Broadcom Inc. - Common Stock $20,773,942 5.29% 59,153
AMZN Amazon.com, Inc. - Common Stock $20,144,774 5.13% 80,854 $-961,186 Down ×2
CTAS Cintas Corporation - Common Stock $19,354,994 4.93% 70,781 $-17,109,557 Down ×2
LLY Eli Lilly and Company Common Stock $15,541,899 3.96% 13,432 $-568,845
SNPS Synopsys, Inc. - Common Stock $13,545,771 3.45% 31,144 $2,096,046 Up ×1
LIN Linde plc - Ordinary Shares $12,972,185 3.30% 27,330 $-1,171,525 Up ×1
TMO Thermo Fisher Scientific Inc Common Stock $11,555,506 2.94% 17,118 $-1,602,687 Down ×2
MA Mastercard Incorporated Common Stock $11,449,620 2.92% 20,762 $1,740,012 Up ×1
MSCI MSCI Inc. Common Stock $10,621,837 2.71% 19,719 $-421,592
NFLX Netflix, Inc. - Common Stock $10,614,290 2.70% 152,548 $-1,426,963 Down ×2
Unknown issuer (CUSIP: 30233Q108) $10,411,280 2.65% 63,971 Up ×1
APH Amphenol Corporation Common Stock $10,171,554 2.59% 120,659 $2,922,510 Up ×1
ICE Intercontinental Exchange Inc. Common Stock $10,044,622 2.56% 66,070 $1,910,744
ISRG Intuitive Surgical, Inc. - Common Stock $9,719,677 2.48% 23,903 $-2,047,277 Down ×2
COST Costco Wholesale Corporation - Common Stock $8,972,311 2.29% 9,856 $-247,681
UBER Uber Technologies, Inc. Common Stock $8,547,787 2.18% 124,767 $2,173,894 Up ×1
MCO Moody's Corporation Common Stock $8,368,708 2.13% 18,428 $2,344,872 Up ×1
WFC Wells Fargo & Company Common Stock $8,205,365 2.09% 102,503
TYL Tyler Technologies, Inc. Common Stock $8,190,569 2.09% 25,708 $-709,574 Down ×1
KO Coca-Cola Company (The) Common Stock $7,372,236 1.88% 85,644 $-134,593 Down ×2
TTWO Take-Two Interactive Software, Inc. - Common Stock $7,199,420 1.83% 34,696 $-4,777,122 Down ×2
PLD Prologis, Inc. Common Stock $5,863,445 1.49% 45,159 $-254,245
VRSK Verisk Analytics, Inc. - Common Stock $5,635,732 1.44% 33,576 $-3,194,990 Down ×2
META Meta Platforms, Inc. - Class A Common Stock $5,373,584 1.37% 7,410 $1,199,605
ROL Rollins, Inc. Common Stock $2,813,690 0.72% 93,416 $-1,085,494

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
AVGO $20,773,942 59,153 5.29%
Unknown issuer (CUSIP: 30233Q108) $10,411,280 63,971 2.65%
WFC $8,205,365 102,503 2.09%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
CTAS Trimmed -63K -$17.1M
MSFT Bought more +14K +$11.8M
NVDA Bought more +3K +$6.1M
TTWO Trimmed -13K -$4.8M
VRSK Trimmed -16K -$3.2M
AAPL Price move only +0 +$3.2M
APH Bought more +80K +$2.9M
MCO Bought more +5K +$2.3M
UBER Bought more +36K +$2.2M
SNPS Bought more +5K +$2.1M

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
AVGO June 30, 2026 130,153 $40,283,655 -14.8%
INTU June 30, 2026 58,885 $25,460,696 31.6%
WFC June 30, 2026 201,283 $16,024,140 -0.3%
JPM March 31, 2026 33,485 $10,789,537 12.7%
IDXX Sept. 30, 2026 20,421 $10,750,431 7.3%
TYL March 31, 2026 20,747 $9,418,101 13.9%
XOM Sept. 30, 2026 63,971 $8,746,115 12.6%
ZTS March 31, 2026 37,045 $4,661,002 -31.5%
EQIX March 31, 2026 3,856 $2,954,313 -2.6%