Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +39.8%
S&P 500 total return (same window) +37.0%
Excess return +2.8%

Annualized: +30.8% · 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: 100.0% · Options excluded: 0.0%

Sector breakdown

04
Technology 92.8%
Financials 6.1%
Industrials 1.1%

Full portfolio 4 positions

05
Type Streak 8Q trend
AAPL Apple Inc. - Common Stock $283,630,672 88.38% 980,200 $34,865,714
AFRM Affirm Holdings, Inc. - Class A Common Stock $19,702,480 6.14% 241,600 $8,453,670 Down ×1
TWLO Twilio Inc. Class A Common Stock $14,047,359 4.38% 68,082 $5,481,282
LYFT Lyft, Inc. - Class A Common Stock $3,536,730 1.10% 242,076 $317,119

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
AAPL Price move only +0 +$34.9M
AFRM Trimmed -4K +$8.5M
TWLO Price move only +0 +$5.5M
LYFT Price move only +0 +$317K

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
META Sept. 30, 2025 25,969 $19,167,459 0.6%