Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +95.6%
S&P 500 total return (same window) +37.0%
Excess return +58.6%

Annualized: +71.1% · 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
Industrials 39.6%
Health Care 21.3%
Consumer Discretionary 14.8%
Technology 9.3%
Materials 5.3%
Consumer Staples 3.6%
Financials 2.3%
Retail 1.6%
Other/Unmapped 2.1%

Full portfolio 50 positions

05
Type Streak 8Q trend
SXT Sensient Technologies Corporation Common Stock $10,393,224 3.73% 84,299 $3,202,626 Up ×2
TKNO Alpha Teknova, Inc. - Common Stock $8,971,015 3.22% 1,579,404 $3,531,009 Down ×1
BLFS BioLife Solutions, Inc. - Common Stock $8,743,612 3.14% 309,618 Up ×1
AGYS Agilysys, Inc. - Common Stock $8,054,756 2.89% 77,079 $2,680,556 Up ×4
DORM Dorman Products, Inc. - Common Stock $7,597,809 2.72% 55,682 $3,130,053 Up ×1
RAL Ralliant Corporation Common Stock $7,492,515 2.69% 101,759 $1,061,911 Down ×2
STVN Stevanato Group S.p.A. Ordinary Shares $7,170,574 2.57% 396,822 $1,872,479 Up ×2
ATS ATS Corporation Common Shares $7,106,041 2.55% 246,909
OMCL Omnicell, Inc. - Common Stock $6,965,935 2.50% 167,773
PRSU Pursuit Attractions and Hospitality, Inc. Common Stock $6,857,724 2.46% 122,525 Up ×1
FLYW Flywire Corporation - Voting Common Stock $6,491,359 2.33% 369,457 $3,806,116 Up ×1
PKE Park Aerospace Corp. Common Stock $6,448,200 2.31% 168,978 $-1,076,235 Down ×3
CYRX CryoPort, Inc. - Common Stock $6,355,015 2.28% 404,778 Up ×1
CWST Casella Waste Systems, Inc. - Class A Common Stock $6,258,056 2.24% 64,536 $1,277,726 Up ×1
TKR Timken Company (The) Common Stock $6,238,733 2.24% 42,931 Up ×1
NEOG Neogen Corporation - Common Stock $6,177,137 2.21% 687,112 $1,546,778 Up ×1
NAVN Navan, Inc. - Class A Common Stock $6,080,836 2.18% 265,887 Up ×1
KIDS OrthoPediatrics Corp. - Common Stock $5,864,569 2.10% 306,564 $1,261,523 Up ×2
LKQ LKQ Corporation - Common Stock $5,839,467 2.09% 221,780 Up ×1
Unknown issuer (CUSIP: 03815J107) $5,837,147 2.09% 256,240 Up ×1
JBTM JBT Marel Corporation Common Stock $5,800,290 2.08% 40,002 $3,439,938 Up ×1
AIN Albany International Corporation Common Stock $5,738,288 2.06% 77,024 $2,213,643 Up ×1
CLBT Cellebrite DI Ltd. - Ordinary Shares $5,601,611 2.01% 383,672 $1,423,308 Up ×2
MAMA Mama's Creations, Inc. - Common Stock $5,324,298 1.91% 298,280 Up ×1
XMTR Xometry, Inc. - Class A Common Stock $5,311,882 1.90% 55,034 $-1,464,740 Down ×1
SWIM Latham Group, Inc. - Common Stock $5,257,528 1.89% 812,601 $1,707,759 Up ×1
SI Shoulder Innovations, Inc. Common Stock $5,177,241 1.86% 255,288 $1,441,273 Down ×1
BIRK Birkenstock Holding plc Ordinary Shares $5,131,672 1.84% 119,258
LPTH LightPath Technologies, Inc. - Class A Common Stock $5,109,538 1.83% 312,510 Up ×1
RRX Regal Rexnord Corporation Common Stock $4,915,289 1.76% 20,636 $-2,151,716 Down ×2
CELH Celsius Holdings, Inc. - Common Stock $4,827,950 1.73% 164,889 Up ×1
HXL Hexcel Corporation Common Stock $4,822,892 1.73% 48,200 Up ×1
ISSC Innovative Solutions and Support, Inc. - Common Stock $4,761,162 1.71% 264,509 Up ×1
AMBQ Ambiq Micro, Inc. Common Stock $4,702,593 1.69% 53,257 $1,505,481 Down ×1
EPAC Enerpac Tool Group Corp. Common Stock $4,643,978 1.67% 129,503 Up ×1
XPEL XPEL, Inc. - Common Stock $4,641,320 1.66% 93,575
PRLB Proto Labs, Inc. Common stock $4,516,877 1.62% 55,415 Up ×1
ACVA ACV Auctions Inc. Class A Common Stock $4,499,222 1.61% 625,761
BOOT Boot Barn Holdings, Inc. Common Stock $4,442,846 1.59% 27,046 Up ×1
LFUS Littelfuse, Inc. - Common Stock $4,427,629 1.59% 9,724
ATR AptarGroup, Inc. Common Stock $4,362,844 1.56% 34,847
VPG Vishay Precision Group, Inc. Common Stock $4,335,397 1.55% 28,920 $-2,653,530 Down ×1
REZI Resideo Technologies, Inc. Common Stock $4,183,043 1.50% 134,503 Up ×1
WAY Waystar Holding Corp. - Common Stock $3,926,034 1.41% 191,234 $-899,992 Down ×1
BWMN Bowman Consulting Group Ltd. - Common Stock $3,911,311 1.40% 133,949 Up ×1
DOCN DigitalOcean Holdings, Inc. Common Stock $3,877,071 1.39% 24,690 Up ×1
PDFS PDF Solutions, Inc. - Common Stock $3,790,521 1.36% 53,546 $-2,160,638 Down ×2
AWI Armstrong World Industries Inc Common Stock $3,722,225 1.33% 23,203 Up ×1
VSH Vishay Intertechnology, Inc. Common Stock $3,129,942 1.12% 58,199 Up ×1
CSW CSW Industrials, Inc. Common Stock $3,064,640 1.10% 11,012 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
AGYS $8,054,756 2.89% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
BLFS $8,743,612 309,618 3.14%
ATS $7,106,041 246,909 2.55%
OMCL $6,965,935 167,773 2.50%
PRSU $6,857,724 122,525 2.46%
CYRX $6,355,015 404,778 2.28%
TKR $6,238,733 42,931 2.24%
NAVN $6,080,836 265,887 2.18%
LKQ $5,839,467 221,780 2.09%
Unknown issuer (CUSIP: 03815J107) $5,837,147 256,240 2.09%
MAMA $5,324,298 298,280 1.91%
BIRK $5,131,672 119,258 1.84%
LPTH $5,109,538 312,510 1.83%
CELH $4,827,950 164,889 1.73%
HXL $4,822,892 48,200 1.73%
ISSC $4,761,162 264,509 1.71%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
FLYW Bought more +139K +$3.8M
TKNO Trimmed -303K +$3.5M
JBTM Bought more +22K +$3.4M
SXT Bought more +1K +$3.2M
DORM Bought more +13K +$3.1M
AGYS Bought more +2K +$2.7M
VPG Trimmed -132K -$2.7M
AIN Bought more +10K +$2.2M
PDFS Trimmed -128K -$2.2M
RRX Trimmed -17K -$2.2M

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
TATT Dec. 31, 2025 250,141 $11,013,708 -21.2%
YSS June 30, 2026 382,906 $8,489,026 -63.5%
SARO June 30, 2026 294,397 $7,604,275 -29.6%
GTLS Sept. 30, 2025 42,136 $6,937,692 No longer tracked
JBI March 31, 2026 993,145 $6,495,168 -18.3%
RGEN June 30, 2026 54,555 $6,427,670 33.2%
MLAB June 30, 2026 72,115 $6,376,408 33.1%
BELFB Sept. 30, 2025 64,612 $6,311,946 82.9%
MGNI Sept. 30, 2025 260,735 $6,288,928 13.5%
TRNS June 30, 2026 84,982 $6,241,928 -2.6%
MOD March 31, 2026 46,196 $6,167,628 -17.8%
AZTA March 31, 2026 183,599 $6,106,503 83.4%
TRS Sept. 30, 2025 212,822 $6,088,837 1.2%
ATEX June 30, 2025 161,706 $5,918,440 228.8%
ATS Dec. 31, 2025 223,532 $5,856,538 -33.7%
XPEL March 31, 2026 116,949 $5,836,925 1.6%
LQDT Sept. 30, 2025 244,550 $5,768,934 57.6%
NOVT Sept. 30, 2025 44,401 $5,724,621 49.0%
RVTY June 30, 2026 64,013 $5,608,179 36.2%
JHX Dec. 31, 2025 291,314 $5,596,142 20.4%
SRAD June 30, 2026 333,382 $5,580,815 -21.4%
COLD June 30, 2025 258,403 $5,545,328 -16.0%
CCC June 30, 2025 611,801 $5,524,563 -30.3%
FPS June 30, 2026 184,863 $5,410,940 -27.8%
PACK June 30, 2025 995,098 $5,393,431 14.6%
ALGM June 30, 2026 169,993 $5,359,879 -43.2%
BIRK March 31, 2026 130,625 $5,342,562 -7.0%
LOAR June 30, 2026 92,379 $5,292,393 -23.4%
AIR March 31, 2026 63,009 $5,216,515 -6.3%
GENI March 31, 2026 464,560 $5,119,451 35.9%
NCNO March 31, 2026 199,020 $5,102,873 24.7%
OMCL March 31, 2026 111,815 $5,065,220 0.7%
ESAB June 30, 2026 51,928 $5,019,360 -29.1%
FUL March 31, 2026 83,821 $4,983,997 -18.6%
CERT March 31, 2026 563,064 $4,960,594 64.2%
SITM March 31, 2026 14,036 $4,957,375 105.4%
LFUS March 31, 2026 19,442 $4,917,271 34.5%
ORA March 31, 2026 43,598 $4,816,271 -17.0%
SKY Dec. 31, 2025 62,643 $4,784,046 4.3%
NXT March 31, 2026 54,513 $4,748,627 -30.1%
FND Sept. 30, 2025 62,485 $4,746,361 -38.3%
MIDD June 30, 2025 30,827 $4,685,087 -27.4%
HAE June 30, 2025 73,652 $4,680,585 40.3%
AIN June 30, 2025 66,117 $4,564,718 -13.2%
FROG June 30, 2026 95,944 $4,502,652 5.1%
EVLV March 31, 2026 626,414 $4,485,124 -24.5%
WAY Dec. 31, 2025 118,092 $4,478,049 -24.2%
KRMN March 31, 2026 61,118 $4,472,004 -57.4%
CCC June 30, 2026 744,898 $4,469,388 27.1%
AEIS Dec. 31, 2025 25,857 $4,399,310 45.3%
LTH March 31, 2026 162,150 $4,309,947 52.2%
ATI March 31, 2026 37,284 $4,278,712 32.3%
IRMD Sept. 30, 2025 71,497 $4,274,806 20.0%
LSCC Sept. 30, 2025 86,370 $4,231,266 82.8%
DCO Sept. 30, 2025 51,104 $4,222,724 82.5%
ITRI March 31, 2026 45,141 $4,191,793 -3.5%
ATR March 31, 2026 34,317 $4,185,301 -4.8%
MKSI Dec. 31, 2025 33,588 $4,157,187 74.7%
PCOR June 30, 2026 72,754 $4,146,978 25.4%
UMBF Sept. 30, 2025 39,194 $4,121,641 10.6%
APPN Dec. 31, 2025 133,512 $4,081,462 3.6%
TTAN June 30, 2025 42,330 $4,026,006 -37.4%
OEC June 30, 2025 305,312 $3,947,684 -44.8%
NPKI June 30, 2026 269,935 $3,911,358 -25.9%
OLED Dec. 31, 2025 26,963 $3,872,696 -31.2%
AXGN Dec. 31, 2025 216,861 $3,868,800 14.2%
PAR March 31, 2026 106,461 $3,862,405 6.9%
GHM Dec. 31, 2025 69,364 $3,808,084 42.4%
MEC June 30, 2026 210,657 $3,781,293 -56.1%
AAOI March 31, 2026 108,275 $3,774,466 36.6%
VERX March 31, 2026 184,446 $3,683,387 1.0%
QCRH Dec. 31, 2025 48,618 $3,677,466 21.2%
FLS June 30, 2025 75,096 $3,667,689 42.1%
MIR Sept. 30, 2025 166,347 $3,581,451 -37.2%
RDNT Dec. 31, 2025 46,439 $3,539,116 -2.0%
PUMP June 30, 2026 243,257 $3,505,333 -35.4%
LASR June 30, 2026 61,389 $3,500,401 -41.7%
KRMN Sept. 30, 2025 68,480 $3,449,338 -52.7%
TTAN June 30, 2026 53,720 $3,409,071 -5.1%
THRY Dec. 31, 2025 281,454 $3,394,335 -74.9%
RGEN Sept. 30, 2025 26,459 $3,290,970 35.9%
BWXT Sept. 30, 2025 22,581 $3,253,019 -26.9%
SAIA Dec. 31, 2025 10,836 $3,243,865 7.5%
CTLP June 30, 2025 406,405 $3,198,407 No longer tracked
INMD June 30, 2025 178,978 $3,175,070 -2.4%
FRPT June 30, 2025 37,888 $3,151,145 -11.3%
WEX June 30, 2025 19,902 $3,125,012 15.1%
KRNT Sept. 30, 2025 156,730 $3,120,494 29.6%
FROG June 30, 2025 96,928 $3,101,696 117.6%
ALIT June 30, 2025 520,914 $3,089,020 56.4%
NEOG June 30, 2025 352,280 $3,054,268 154.2%
ACVA Sept. 30, 2025 181,589 $2,945,374 5.4%
KNF Dec. 31, 2025 37,787 $2,904,687 -28.5%
AAON Sept. 30, 2025 39,250 $2,894,688 -10.9%
CGNX Sept. 30, 2025 91,105 $2,889,851 43.4%
REAL Sept. 30, 2025 595,449 $2,852,201 -16.3%
SITM Sept. 30, 2025 12,618 $2,688,643 135.5%
ALKT June 30, 2026 161,101 $2,524,453 -23.3%
HLLY Dec. 31, 2025 774,304 $2,431,315 -43.3%
AIP Dec. 31, 2025 233,726 $2,360,633 59.1%
MTLS Dec. 31, 2025 423,016 $2,356,199 53.2%
XMTR Sept. 30, 2025 69,366 $2,343,877 88.2%
RXO Sept. 30, 2025 148,728 $2,338,004 52.0%
MC June 30, 2026 40,967 $2,335,119 -13.9%
SG Sept. 30, 2025 156,619 $2,330,491 14.0%
VRNS Sept. 30, 2025 45,458 $2,306,994 -17.2%
BIO Dec. 31, 2025 8,112 $2,274,524 21.8%
PUBM Dec. 31, 2025 271,335 $2,246,654 107.7%
BIRK Sept. 30, 2025 45,009 $2,213,543 -26.3%
CFLT Sept. 30, 2025 88,379 $2,203,288 No longer tracked
PATH Dec. 31, 2025 161,619 $2,162,462 -20.0%
TLN June 30, 2025 10,681 $2,132,675 10.3%
DORM June 30, 2025 17,677 $2,130,786 0.3%
PATK June 30, 2025 24,063 $2,034,767 -27.2%
AIP June 30, 2025 281,450 $1,944,820 158.8%
MTLS June 30, 2025 393,909 $1,938,032 50.4%
GTLB Sept. 30, 2025 36,566 $1,649,492 10.4%