Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +35.6%
S&P 500 total return (same window) +37.0%
Excess return -1.4%

Annualized: +27.6% · 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: 95.9% · Options excluded: 0.0%

Sector breakdown

04
Industrials 19.5%
Technology 19.4%
Retail 15.6%
Communication Services 9.7%
Utilities 6.4%
Financials 5.1%
Healthcare 3.5%
Materials 2.7%
Real Estate 0.9%
Consumer Discretionary 0.1%
Energy 0.1%
Consumer products 0.0%
Consumer Staples 0.0%
Other/Unmapped 17.0%

Full portfolio 157 positions

05
Type Streak 8Q trend
NVDA NVIDIA Corporation - Common Stock $10,961,531 4.21% 54,783 $1,550,209 Up ×2
SCHD SCHWAB STRATEGIC TRUST $10,864,179 4.17% 342,610 $1,874,409 Up ×1
CAT Caterpillar, Inc. Common Stock $7,642,788 2.93% 7,177 $840,863 Down ×4
AVGO Broadcom Inc. - Common Stock $7,605,241 2.92% 20,133 $1,458,372 Up ×2
MLM Martin Marietta Materials, Inc. Common Stock $7,121,092 2.73% 12,348 $1,106,548 Up ×2
AMZN Amazon.com, Inc. - Common Stock $7,119,931 2.73% 29,873 $1,003,665 Up ×2
NEE NextEra Energy, Inc. Common Stock $6,995,182 2.69% 79,699 $460,145 Up ×1
WMT Walmart Inc. - Common Stock $6,963,678 2.67% 61,484 $545,610 Up ×1
GVA Granite Construction Incorporated Common Stock $6,941,293 2.67% 43,910 $1,943,256 Up ×1
TJX TJX Companies, Inc. (The) Common Stock $6,615,248 2.54% 43,665 $-983,917 Down ×1
SCHF SCHWAB STRATEGIC TRUST $6,527,422 2.51% 235,647 $949,638 Up ×2
ANET Arista Networks, Inc. Common Stock $6,397,342 2.46% 37,658 $1,833,977 Up ×2
MSFT Microsoft Corporation - Common Stock $6,388,638 2.45% 17,127 $1,451,016 Up ×3
PWR Quanta Services, Inc. Common Stock $6,282,349 2.41% 8,725 $1,078,188 Down ×1
V Visa Inc. $6,270,656 2.41% 18,277 $1,309,386 Up ×4
DELL Dell Technologies Inc. Class C Common Stock $6,232,440 2.39% 14,445 $1,151,959 Down ×1
QQQ Invesco QQQ Trust, Series 1 $6,230,681 2.39% 8,461 $1,481,643 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $5,853,364 2.25% 16,379 $783,968 Down ×1
AAPL Apple Inc. - Common Stock $5,699,235 2.19% 19,696 $775,962 Up ×2
CASY Caseys General Stores, Inc. - Common Stock $5,448,286 2.09% 6,855 $-539,091 Down ×3
USFD US Foods Holding Corp. Common Stock $5,301,152 2.04% 51,845 $1,110,484 Up ×1
D Dominion Energy, Inc. Common Stock $5,273,559 2.02% 77,223 $575,919 Up ×2
ETN Eaton Corporation, PLC Ordinary Shares $5,097,674 1.96% 11,963 $825,305 Up ×3
RTX RTX Corporation Common Stock $4,997,678 1.92% 26,341 $38,604 Up ×1
AZN AstraZeneca PLC - American Depositary Shares $4,860,909 1.87% 25,635 $-96,611 Up ×1
UBER Uber Technologies, Inc. Common Stock $4,827,649 1.85% 66,902 $200,967 Up ×2
HD Home Depot, Inc. (The) Common Stock $4,808,087 1.85% 13,633 $436,152 Up ×1
NFLX Netflix, Inc. - Common Stock $4,799,651 1.84% 67,222 $-727,725 Up ×4
SHW Sherwin-Williams Company (The) Common Stock $4,681,031 1.80% 13,595 $835,072 Up ×6
GS Goldman Sachs Group, Inc. (The) Common Stock $4,651,291 1.79% 4,599 $180,233 Down ×1
IBDS iShares Trust $4,471,884 1.72% 184,636 $283,575 Up ×5
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $4,426,976 1.70% 5,801 $1,562,928 Down ×1
COST Costco Wholesale Corporation - Common Stock $4,334,968 1.66% 4,634
META Meta Platforms, Inc. - Class A Common Stock $4,186,372 1.61% 7,432 $61,314 Up ×2
ROL Rollins, Inc. Common Stock $4,170,077 1.60% 99,906 $319,910 Up ×2
SO Southern Company (The) Common Stock $4,060,402 1.56% 42,424 $174,989 Up ×6
JHPI John Hancock Exchange-Traded Fund Trust $3,905,671 1.50% 172,059 $318,115 Up ×5
DIS Walt Disney Company (The) Common Stock $3,838,547 1.47% 39,881 $123,001 Up ×6
CRDO Credo Technology Group Holding Ltd - Ordinary Shares $2,896,540 1.11% 10,651 $1,706,550 Down ×1
BGB Blackstone Strategic Credit 2027 Term Fund Common Shares of Beneficial Interest $2,734,115 1.05% 241,957 $351,605 Up ×6
TLH iShares Trust $2,629,873 1.01% 26,207 $209,974 Up ×2
IBM International Business Machines Corporation Common Stock $2,535,390 0.97% 9,016 $390,480 Up ×4
PANW Palo Alto Networks, Inc. - Common Stock $2,439,658 0.94% 7,154 $867,560 Down ×1
SNA Snap-On Incorporated Common Stock $2,365,308 0.91% 5,878 $431,161 Up ×1
ECL Ecolab Inc. Common Stock $2,324,444 0.89% 8,343 $378,241 Up ×1
DLR Digital Realty Trust, Inc. Common Stock $2,310,836 0.89% 12,868 $-239,316 Down ×1
EW Edwards Lifesciences Corporation Common Stock $2,285,834 0.88% 25,269 $342,772 Up ×2
STT State Street Corporation Common Stock $2,045,207 0.79% 12,059 $519,019
HCA HCA Healthcare, Inc. Common Stock $1,703,040 0.65% 4,368 $-193,233 Up ×1
HYT Blackrock Corporate High Yield Fund, Inc. Common Stock $1,477,225 0.57% 172,573 $68,562 Up ×6
WM Waste Management, Inc. Common Stock $1,162,988 0.45% 5,218 $-20,891 Up ×6
VOO VANGUARD INDEX FUNDS $1,011,672 0.39% 1,473 $650,154 Up ×1
QCOM QUALCOMM Incorporated - Common Stock $784,619 0.30% 4,246 $187,723 Down ×1
IBDT iShares Trust $445,587 0.17% 17,647 $-373 Up ×5
IBDU iShares Trust $430,939 0.17% 18,607 $-1,535 Up ×4
JHCB John Hancock Exchange-Traded Fund Trust $429,270 0.16% 20,239 $21,112 Up ×4
SCHA SCHWAB STRATEGIC TRUST $349,558 0.13% 9,675 $92,403 Up ×6
SCHM SCHWAB STRATEGIC TRUST $339,868 0.13% 9,218 $75,624 Up ×3
PFF iShares Preferred and Income Securities ETF $334,811 0.13% 10,981 $9,932 Up ×6
TSLA Tesla, Inc. - Common Stock $308,300 0.12% 733 $13,502 Down ×1
IWR iShares Trust $287,715 0.11% 2,608 Up ×1
XOM Exxon Mobil Corporation Common Stock $269,202 0.10% 1,969 $-64,859
ADSK Autodesk, Inc. - Common Stock $255,274 0.10% 1,313 $157,598 Up ×1
LRCX Lam Research Corporation - Common Stock $216,665 0.08% 500 $109,835
VEA VANGUARD TAX-MANAGED FUNDS $206,412 0.08% 2,897 Up ×1
IBDV iShares Trust $199,470 0.08% 9,150 Up ×1
CVS CVS Health Corporation Common Stock $186,210 0.07% 1,800 $42,570 Down ×1
SPYM State Street SPDR Portfolio S&P 500 ETF $150,890 0.06% 1,717 Up ×1
VPU VANGUARD WORLD FUND $144,841 0.06% 740 $13,672 Up ×4
SPY SPY $127,698 0.05% 171 $20,391 Up ×2
VWO VANGUARD INTERNATIONAL EQUITY INDEX FUNDS $119,619 0.05% 2,004 Up ×1
JPM JP Morgan Chase & Co. Common Stock $113,911 0.04% 348 $12,425 Up ×1
ES Eversource Energy (D/B/A) Common Stock $113,392 0.04% 1,569 $4,691
PGX Invesco Exchange-Traded Fund Trust II $101,918 0.04% 9,402 $2,485 Up ×4
CSCO Cisco Systems, Inc. - Common Stock $98,080 0.04% 835 $21,576 Down ×1
IWM iShares Trust $92,539 0.04% 308
QQQM Invesco NASDAQ 100 ETF $84,833 0.03% 280 $32,556 Up ×6
ETR Entergy Corporation Common Stock $80,402 0.03% 700 $1,750
CWB SPDR SERIES TRUST $70,191 0.03% 651 $4,571 Down ×1
WEC WEC Energy Group, Inc. Common Stock $68,194 0.03% 584 $584
SCHV SCHWAB STRATEGIC TRUST $66,244 0.03% 1,903 $-50,815 Down ×4
CMS CMS Energy Corporation Common Stock $61,200 0.02% 800 $-864
SGVT SCHWAB STRATEGIC TRUST $60,344 0.02% 599 $-88 Down ×1
CL Colgate-Palmolive Company Common Stock $60,051 0.02% 655 $4,225
CALF Pacer Funds Trust $53,748 0.02% 1,062 Up ×1
NTAP NetApp, Inc. - Common Stock $53,083 0.02% 343 $17,963
GLW Corning Incorporated Common Stock $51,086 0.02% 200 $23,892
AFL AFLAC Incorporated Common Stock $46,900 0.02% 400 $3,016
DTE DTE Energy Company Common Stock $45,711 0.02% 300 $1,845
ITOT iShares Trust $45,175 0.02% 275 $8,997 Up ×1
BMY Bristol-Myers Squibb Company Common Stock $41,545 0.02% 721 $-13,222 Down ×1
CEG Constellation Energy Corporation - Common Stock When-Issued $39,740 0.02% 160 $-4,940
IBDR iShares Trust $39,059 0.01% 1,612 $759 Up ×1
AZO AutoZone, Inc. Common Stock $38,352 0.01% 12 $-2,182
JNJ Johnson & Johnson Common Stock $38,096 0.01% 150 $1,430
DOW Dow Inc. Common Stock $36,882 0.01% 1,348 $-36,048 Down ×1
GOOG Alphabet Inc. - Class C Capital Stock $35,333 0.01% 100 $6,647
COWZ Pacer Funds Trust $31,100 0.01% 500 Up ×1
MA Mastercard Incorporated Common Stock $27,735 0.01% 54 $753
PFE Pfizer, Inc. Common Stock $27,139 0.01% 1,127 $-9,225 Down ×2

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
MSFT $6,388,638 2.45% up ×3
V $6,270,656 2.41% up ×4
ETN $5,097,674 1.96% up ×3
NFLX $4,799,651 1.84% up ×4
SHW $4,681,031 1.80% up ×6
IBDS $4,471,884 1.72% up ×5
SO $4,060,402 1.56% up ×6
JHPI $3,905,671 1.50% up ×5
DIS $3,838,547 1.47% up ×6
BGB $2,734,115 1.05% up ×6
IBM $2,535,390 0.97% up ×4
HYT $1,477,225 0.57% up ×6
WM $1,162,988 0.45% up ×6
IBDT $445,587 0.17% up ×5
IBDU $430,939 0.17% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
COST $4,334,968 4,634 1.66%
IWR $287,715 2,608 0.11%
VEA $206,412 2,897 0.08%
IBDV $199,470 9,150 0.08%
SPYM $150,890 1,717 0.06%
VWO $119,619 2,004 0.05%
IWM $92,539 308 0.04%
CALF $53,748 1,062 0.02%
COWZ $31,100 500 0.01%
VTEB $15,883 314 0.01%
MTB $13,329 56 0.01%
Unknown issuer (CUSIP: G2004J103) $2,857 100 0.00%
SUB $2,769 26 0.00%
IJR $2,522 17 0.00%
SPMD $2,500 37 0.00%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
GVA Bought more +2K +$1.9M
SCHD Bought more +50K +$1.9M
ANET Bought more +491 +$1.8M
CRDO Trimmed -2K +$1.7M
CRWD Trimmed -2K +$1.6M
NVDA Bought more +819 +$1.6M
QQQ Bought more +233 +$1.5M
AVGO Bought more +273 +$1.5M
MSFT Bought more +4K +$1.5M
V Bought more +2K +$1.3M

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
CAVA Dec. 31, 2025 26,408 $1,595,308 -7.3%
TLT March 31, 2026 1,825 $159,067
MELI Dec. 31, 2025 68 $158,912 -15.8%
NOW Dec. 31, 2025 58 $53,377 -12.3%
MU Sept. 30, 2025 305 $37,592 542.4%
CDNS Dec. 31, 2025 100 $35,126 12.4%
ICLN Sept. 30, 2025 2,450 $32,120
PBH March 31, 2026 371 $22,887 -23.6%
ELF Dec. 31, 2025 168 $22,257 37.7%
LHX June 30, 2025 100 $20,931 -5.7%
IBTF Dec. 31, 2025 858 $20,048 No longer tracked
AXON Dec. 31, 2025 27 $19,377 -27.2%
COST Dec. 31, 2025 20 $18,513 6.8%
VTV Sept. 30, 2025 100 $17,674
SCHB Dec. 31, 2025 675 $17,355 13.1%
MEDP Dec. 31, 2025 30 $15,425 6.7%
BRK-B (filed as BRKB) Sept. 30, 2025 30 $14,574 No longer tracked
ADBE March 31, 2026 41 $14,350 -2.2%
SCHW Sept. 30, 2025 108 $9,854 1.3%
IBB Sept. 30, 2025 71 $8,983 42.2%
KNSL Dec. 31, 2025 20 $8,506 -15.7%
APO March 31, 2026 54 $7,818 2.3%
CRM Dec. 31, 2025 31 $7,347 -11.4%
DDOG Dec. 31, 2025 50 $7,120 103.9%
AJG March 31, 2026 27 $6,988 4.4%
BEPC Dec. 31, 2025 153 $5,267 -25.6%
DLB Sept. 30, 2025 60 $4,456 -18.6%
TFLO Dec. 31, 2025 86 $4,351
ABBV Dec. 31, 2025 18 $4,168 15.0%
FITB Sept. 30, 2025 100 $4,113 14.2%
CFG Sept. 30, 2025 90 $4,028 21.0%
CGNX Dec. 31, 2025 80 $3,624 80.6%
VV Dec. 31, 2025 10 $3,079
FISV March 31, 2026 42 $2,822 -20.5%
VIG Dec. 31, 2025 13 $2,806
STZ Sept. 30, 2025 17 $2,766 -16.2%
CCL June 30, 2026 100 $2,588 -9.8%
PAHC Sept. 30, 2025 98 $2,503 -8.0%
LMT Dec. 31, 2025 5 $2,497 4.5%
LULU Dec. 31, 2025 13 $2,314 -54.5%
DKNG Dec. 31, 2025 54 $2,020 -46.1%
LOW Sept. 30, 2025 9 $1,997 -28.1%
DPZ March 31, 2026 4 $1,668 -17.1%
NMAX Sept. 30, 2025 100 $1,513 -23.2%
ALGM Sept. 30, 2025 44 $1,505 35.4%
FUTY Dec. 31, 2025 23 $1,299
XYZ Dec. 31, 2025 17 $1,229 14.2%
MCD Sept. 30, 2025 4 $1,169 -23.7%
ULTA Dec. 31, 2025 2 $1,094 -10.1%
FSLY Dec. 31, 2025 120 $1,026 153.5%
BN Dec. 31, 2025 14 $961 -19.5%
ORGN Sept. 30, 2025 1,943 $939 No longer tracked
UL (filed as ULXXXX) Dec. 31, 2025 10 $593 -8.7%
PEP Dec. 31, 2025 4 $562 -12.3%
CLNE Dec. 31, 2025 200 $516 -25.7%
DNA Sept. 30, 2025 40 $450 -15.3%
K Dec. 31, 2025 5 $411 No longer tracked
MNMD March 31, 2026 28 $375 No longer tracked
IEUR Dec. 31, 2025 4 $273
BIOX Sept. 30, 2025 52 $233 -75.8%
PBE Dec. 31, 2025 3 $210
IWM June 30, 2025 1 $200 30.7%
BAM Dec. 31, 2025 3 $171 -14.4%
DDD Dec. 31, 2025 40 $116 113.6%
KLG Sept. 30, 2025 1 $16 No longer tracked