Sector breakdown

04
Technology 16.1%
Energy 10.1%
Financials 9.4%
Healthcare 9.2%
Industrials 7.9%
Communication Services 6.3%
Retail 5.4%
Consumer Staples 1.7%
Consumer Discretionary 1.2%
Consumer products 0.9%
Materials 0.7%
Utilities 0.5%
Real Estate 0.2%
Other/Unmapped 30.6%

Full portfolio 356 positions

05
Type Streak 8Q trend
XOM Exxon Mobil Corporation Common Stock $71,100,857 5.75% 520,047 $-18,896,517 Down ×2
IVV iShares Trust $64,826,643 5.24% 86,564 $9,457,220 Up ×1
AAPL Apple Inc. - Common Stock $62,574,801 5.06% 216,252 $8,865,116 Up ×3
CVX Chevron Corporation Common Stock $44,789,475 3.62% 270,207 $-11,116,307
IBMO iShares iBonds Dec 2026 Term Muni Bond ETF $37,004,331 2.99% 1,443,221 $12,885 Down ×2
MSFT Microsoft Corporation - Common Stock $36,660,306 2.96% 98,280 $376,342 Up ×1
JPM JP Morgan Chase & Co. Common Stock $34,166,976 2.76% 104,381 $3,571,151 Up ×3
GOOG Alphabet Inc. - Class C Capital Stock $33,111,480 2.68% 93,713 $6,121,792 Down ×1
VEA Vanguard FTSE Developed Markets ETF $28,264,042 2.29% 396,688 $3,478,994 Up ×1
AVGO Broadcom Inc. - Common Stock $27,903,922 2.26% 73,869 $6,163,087 Up ×3
AMZN Amazon.com, Inc. - Common Stock $26,725,668 2.16% 112,133 $4,324,452 Up ×3
JNJ Johnson & Johnson Common Stock $25,619,783 2.07% 100,877 $1,089,202 Up ×1
LLY Eli Lilly and Company Common Stock $24,911,143 2.01% 20,769 $5,807,381 Down ×2
GOOGL Alphabet Inc. - Class A Common Stock $24,792,001 2.00% 69,373 $4,749,506 Down ×2
VOO Vanguard S&P 500 ETF $18,133,844 1.47% 26,403 $2,365,097 Up ×1
NVDA NVIDIA Corporation - Common Stock $17,936,523 1.45% 89,642 $3,627,474 Up ×1
IJH iShares Trust $15,592,567 1.26% 202,212 $4,994,341 Up ×1
VB Vanguard Morningstar Small-Cap ETF $15,529,233 1.26% 51,231 $2,138,233 Up ×1
VBIL Vanguard 0-3 Month Treasury Bill ETF $15,328,530 1.24% 202,544 $-3,959,270 Down ×1
IEFA iShares Core MSCI EAFE ETF $14,856,093 1.20% 153,822 $2,283,162 Up ×1
VO Vanguard Morningstar Mid-Cap ETF $14,677,616 1.19% 182,172 $2,381,260 Up ×1
RTX RTX Corporation Common Stock $14,380,665 1.16% 75,795 $-228,890 Up ×1
IJR iShares Trust $12,765,267 1.03% 86,072 $2,309,315 Up ×3
V Visa Inc. $12,698,208 1.03% 37,011 $1,502,845 Down ×2
HD Home Depot, Inc. (The) Common Stock $12,354,081 1.00% 35,029 $897,477 Up ×1
ABBV AbbVie Inc. Common Stock $11,757,215 0.95% 46,722 $1,709,751 Up ×1
BRK-A (filed as BRKA) Berkshire Hathaway Inc. Class A $11,232,750 0.91% 15 $460,650
WMT Walmart Inc. - Common Stock $11,071,686 0.90% 97,755 $-866,965 Up ×1
ADP Automatic Data Processing, Inc. - Common Stock $11,007,799 0.89% 48,783 $1,013,215
AMD Advanced Micro Devices, Inc. - Common Stock $10,794,921 0.87% 18,583 $8,721,608 Up ×3
DE Deere & Company Common Stock $10,682,720 0.86% 16,798 $1,193,165
IWR iShares Russell Mid-Cap ETF $10,618,938 0.86% 96,256 $1,953,234 Up ×1
IWM iShares Russell 2000 Index Fund $10,217,481 0.83% 34,007 $1,849,314 Up ×3
ASML ASML Holding N.V. - New York Registry Shares $10,130,228 0.82% 5,092 $3,358,333 Down ×2
CSCO Cisco Systems, Inc. - Common Stock $9,482,129 0.77% 80,726 $3,200,873 Down ×2
MA Mastercard Incorporated Common Stock $7,844,021 0.63% 15,273 $-16,943 Down ×2
VCSH Vanguard Short-Term Corporate Bond ETF $7,671,600 0.62% 97,072 $-6,413 Up ×3
PANW Palo Alto Networks, Inc. - Common Stock $7,522,271 0.61% 22,058 $3,659,176 Down ×1
MRK Merck & Company, Inc. Common Stock (new) $7,388,611 0.60% 57,121 $432,622 Down ×2
COST Costco Wholesale Corporation - Common Stock $7,216,310 0.58% 7,714 $-423,419 Up ×3
AZN AstraZeneca PLC - American Depositary Shares $7,080,690 0.57% 37,843 $556,709 Up ×1
PG Procter & Gamble Company (The) Common Stock $7,053,531 0.57% 48,101 $142,799 Up ×1
SPY SPY $6,765,052 0.55% 9,036 $795,556 Down ×2
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $6,598,031 0.53% 13,186 $279,407
ETN Eaton Corporation, PLC Ordinary Shares $6,326,604 0.51% 14,847 $1,574,243 Up ×3
TT Trane Technologies plc $6,192,595 0.50% 12,608 $938,295
KO Coca-Cola Company (The) Common Stock $6,176,037 0.50% 75,502 $418,358 Up ×1
SYK Stryker Corporation Common Stock $6,098,313 0.49% 19,316 $-302,490 Down ×2
MCK McKesson Corporation Common Stock $6,056,685 0.49% 8,007 $-965,445 Down ×3
BLK BlackRock, Inc. Common Stock $5,986,878 0.48% 6,226 $-934
LMT Lockheed Martin Corporation Common Stock $5,951,621 0.48% 11,682 $-1,108,993
META Meta Platforms, Inc. - Class A Common Stock $5,607,483 0.45% 9,955 $69,335 Up ×3
MS Morgan Stanley Common Stock $5,526,014 0.45% 26,435 $1,145,950 Down ×1
CAT Caterpillar, Inc. Common Stock $5,067,407 0.41% 4,759 $1,698,272 Up ×1
IVW iShares S&P 500 Growth ETF $4,982,299 0.40% 36,227 $884,663
GD General Dynamics Corporation Common Stock $4,584,928 0.37% 12,943 $382,886 Up ×1
MRVL Marvell Technology, Inc. - Common Stock $4,578,867 0.37% 15,371 Up ×1
PM Philip Morris International Inc Common Stock $4,573,493 0.37% 25,077 $407,125 Up ×2
TGT Target Corporation Common Stock $4,568,346 0.37% 34,977 $297,137 Down ×3
IBDU iShares Trust $4,427,868 0.36% 191,186 $448,012 Up ×3
ABT Abbott Laboratories Common Stock $4,397,565 0.36% 48,463 $-457,530 Up ×1
TRV The Travelers Companies, Inc. Common Stock $4,360,555 0.35% 13,209 $551,506 Up ×1
TSLA Tesla, Inc. - Common Stock $4,324,379 0.35% 10,281 $533,848 Up ×2
SCHW Charles Schwab Corporation (The) Common Stock $4,286,338 0.35% 46,454 $-79,437
PEP PepsiCo, Inc. - Common Stock $4,275,390 0.35% 31,576 $-573,851 Up ×1
IBDV iShares iBonds Dec 2030 Term Corporate ETF $4,241,822 0.34% 194,579 $100,803 Up ×3
EMR Emerson Electric Company Common Stock $4,073,333 0.33% 28,455 $312,404 Down ×1
GLD SPDR Gold Shares $3,991,029 0.32% 10,834 $-627,704 Up ×3
IBDT iShares Trust $3,988,440 0.32% 157,958 $402,523 Up ×3
MCD McDonald's Corporation Common Stock $3,814,385 0.31% 14,111 $-563,450 Up ×1
NEE NextEra Energy, Inc. Common Stock $3,769,605 0.30% 42,949 $-219,468
NSC Norfolk Southern Corporation Common Stock $3,618,414 0.29% 11,502 $317,340
IBDW iShares iBonds Dec 2031 Term Corporate ETF $3,575,019 0.29% 171,546 $239,279 Up ×3
VTI Vanguard Morningstar Total Stock Market ETF $3,445,442 0.28% 9,311 $464,796 Up ×3
TJX TJX Companies, Inc. (The) Common Stock $3,097,145 0.25% 20,443 $70,319 Up ×3
UNP Union Pacific Corporation Common Stock $2,976,198 0.24% 10,942 $288,234 Down ×1
MDLZ Mondelez International, Inc. - Class A Common Stock $2,863,386 0.23% 49,081 $-26,230 Down ×2
CVS CVS Health Corporation Common Stock $2,823,047 0.23% 27,289 $1,028,337 Up ×3
Unknown issuer (CUSIP: 438516205) $2,771,658 0.22% 12,379 Up ×1
Unknown issuer (CUSIP: 43849R105) $2,736,749 0.22% 12,379 Up ×1
BX Blackstone Inc. Common Stock $2,729,709 0.22% 23,198 $139,329 Up ×1
IBDS iShares Trust $2,702,734 0.22% 111,591 $33,716 Up ×3
FCX Freeport-McMoRan, Inc. Common Stock $2,671,316 0.22% 42,476 $174,577
JMST JPMorgan Ultra-Short Municipal Income ETF $2,670,207 0.22% 52,357 $-242,790 Down ×2
IWB iShares Russell 1000 ETF $2,495,903 0.20% 6,095 $322,670
IBDX iShares iBonds Dec 2032 Term Corporate ETF $2,479,099 0.20% 98,416 $281,696 Up ×3
IBM International Business Machines Corporation Common Stock $2,449,663 0.20% 8,711 $338,167
TMO Thermo Fisher Scientific Inc Common Stock $2,437,414 0.20% 4,857 $43,809 Down ×1
MMM 3M Company Common Stock $2,248,238 0.18% 13,886 $13,769 Down ×1
IWF iShares Russell 1000 Growth Fund $2,195,822 0.18% 17,684 $310,708 Up ×1
IBDR iShares Trust $2,193,348 0.18% 90,522 $-136,455 Down ×1
MU Micron Technology, Inc. - Common Stock $2,164,036 0.17% 1,875 Up ×1
WFC Wells Fargo & Company Common Stock $2,112,277 0.17% 25,560 $300,355 Up ×1
BKNG Booking Holdings Inc. - Common Stock $2,095,211 0.17% 11,755 $954,214 Up ×3
VUG Vanguard Morningstar Growth ETF $2,094,236 0.17% 24,312 $307,328 Up ×2
AMGN Amgen Inc. - Common Stock $2,040,583 0.16% 5,635 $57,873
MCO Moody's Corporation Common Stock $2,038,616 0.16% 4,501 $75,033
BK The Bank of New York Mellon Corporation Common Stock $1,998,799 0.16% 13,822 $309,745 Down ×2
EFA iShares Trust $1,992,866 0.16% 19,184 $177,850 Up ×3
VWO Vanguard FTSE Emerging Markets ETF $1,986,148 0.16% 33,274 $245,996 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
AAPL $62,574,801 5.06% up ×3
JPM $34,166,976 2.76% up ×3
AVGO $27,903,922 2.26% up ×3
AMZN $26,725,668 2.16% up ×3
IJR $12,765,267 1.03% up ×3
AMD $10,794,921 0.87% up ×3
IWM $10,217,481 0.83% up ×3
VCSH $7,671,600 0.62% up ×3
COST $7,216,310 0.58% up ×3
ETN $6,326,604 0.51% up ×3
META $5,607,483 0.45% up ×3
IBDU $4,427,868 0.36% up ×3
IBDV $4,241,822 0.34% up ×3
GLD $3,991,029 0.32% up ×3
IBDT $3,988,440 0.32% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
MRVL $4,578,867 15,371 0.37%
Unknown issuer (CUSIP: 438516205) $2,771,658 12,379 0.22%
Unknown issuer (CUSIP: 43849R105) $2,736,749 12,379 0.22%
MU $2,164,036 1,875 0.17%
DELL $949,212 2,200 0.08%
Unknown issuer (CUSIP: 26614N201) $756,329 5,576 0.06%
INTC $526,824 3,773 0.04%
NOW $478,033 4,815 0.04%
QQQ $418,008 567 0.03%
FDX $393,566 1,252 0.03%
ARM $374,071 1,055 0.03%
QCOM $366,573 1,984 0.03%
Unknown issuer (CUSIP: 46438G216) $327,029 12,860 0.03%
PNC $270,842 1,100 0.02%
IONQ $266,833 5,010 0.02%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
XOM Trimmed -10K -$18.9M
CVX Price move only +0 -$11.1M
IVV Bought more +2K +$9.5M
AAPL Bought more +5K +$8.9M
AVGO Bought more +4K +$6.2M
GOOG Trimmed -374 +$6.1M
LLY Trimmed -1 +$5.8M
IJH Bought more +45K +$5.0M
GOOGL Trimmed -325 +$4.7M
AMZN Bought more +5K +$4.3M

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
HON June 30, 2026 24,430 $5,521,913 -4.9%
IBIT March 31, 2026 18,838 $935,307
DD June 30, 2026 16,750 $767,150 -1.7%
LYB June 30, 2026 7,400 $596,144 11.9%
ETHA Dec. 31, 2025 17,794 $560,689
BMY March 31, 2026 9,906 $534,330 -1.7%
IBDQ Dec. 31, 2025 17,519 $441,304
IBTF Dec. 31, 2025 16,841 $393,490 No longer tracked
NOW Dec. 31, 2025 377 $346,509 -9.9%
FDX March 31, 2026 852 $246,764 -18.9%
QCOM March 31, 2026 1,424 $243,528 40.6%
GIS March 31, 2026 4,850 $225,525 -13.5%
IONQ March 31, 2026 5,010 $224,799 50.2%
CLX June 30, 2026 2,150 $222,805 -12.5%
PYPL March 31, 2026 3,798 $221,727 20.7%
MRSH March 31, 2026 1,193 $221,344 -1.0%
SJM June 30, 2026 2,250 $216,990 3.8%
BIV Dec. 31, 2025 2,716 $212,092
CMCSA March 31, 2026 7,157 $210,828 -24.9%
TECH June 30, 2026 4,000 $209,040 2.5%
CTSH March 31, 2026 2,484 $206,172 -6.7%
ZTS June 30, 2026 1,730 $204,503 -0.7%
CCI June 30, 2026 2,476 $201,324 -9.8%
IBMN Dec. 31, 2025 7,492 $200,711
FBIN March 31, 2026 4,000 $200,080 1.0%
SLRC Dec. 31, 2025 10,000 $152,900 -26.1%
BSV March 31, 2026 1,917 $151,049
BND March 31, 2026 2,010 $148,881
SJNK June 30, 2026 4,500 $112,410
EAGG June 30, 2026 2,000 $95,100
IYW March 31, 2026 400 $79,872 50.3%
CRBN Dec. 31, 2025 117 $26,544
DGRO Dec. 31, 2025 300 $20,424
XBI March 31, 2026 100 $12,193 18.1%
TLT Dec. 31, 2025 135 $12,065
SPSB March 31, 2026 300 $9,060
EFAV Dec. 31, 2025 69 $5,853
REZ Dec. 31, 2025 57 $4,843
TOTL Dec. 31, 2025 89 $3,611
VGLT Dec. 31, 2025 55 $3,127
FDRR Dec. 31, 2025 53 $3,107
SCHP Dec. 31, 2025 86 $2,318 -4.6%