Performance vs S&P 500

03
Tracked Q1 2025–Q1 2026 +24.4%
S&P 500 total return (same window) +19.3%
Excess return +5.1%

Annualized: +24.4% · S&P 500: +19.3%

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: 97.4% · Options excluded: 0.0%

Sector breakdown

04
Industrials 21.3%
Financials 19.4%
Health Care 13.9%
Consumer Discretionary 7.4%
Technology 7.4%
Energy 6.1%
Real Estate 5.4%
Consumer products 5.1%
Materials 4.0%
Retail 3.3%
Communication Services 3.0%
Utilities 2.4%
Consumer Staples 1.3%

Full portfolio 114 positions

05
Type Streak 8Q trend
COHR Coherent Corp. Common Stock $23,583 3.06% 99 $-571,286 Down ×2
RRX Regal Rexnord Corporation Common Stock $23,033 2.98% 123 $-623,562 Down ×4
OPLN OPENLANE, Inc. Common Stock $21,892 2.84% 751 $-649,141 Down ×1
WTFC Wintrust Financial Corporation - Common Stock $18,896 2.45% 136 $-641,893 Down ×1
ACHC Acadia Healthcare Company, Inc. - Common Stock $18,408 2.38% 787 $-370,724 Down ×1
KEX Kirby Corporation Common Stock $18,072 2.34% 136 $-623,065 Down ×4
IART Integra LifeSciences Holdings Corporation - Common Stock $18,030 2.34% 1,914 $-570,454 Down ×1
FUN Six Flags Entertainment Corporation Common Stock New $17,945 2.32% 1,011
BRBR BellRing Brands, Inc. Common Stock $17,779 2.30% 1,105 $-561,540 Down ×1
GBCI Glacier Bancorp, Inc. Common Stock $17,287 2.24% 387 $-512,282 Down ×3
PR Permian Resources Corporation Class A Common Stock $16,225 2.10% 761 $-606,946 Down ×3
ALGN Align Technology, Inc. - Common Stock $15,943 2.07% 93 $-635,203 Down ×1
ELF e.l.f. Beauty, Inc. Common Stock $15,880 2.06% 262 $-696,615 Down ×1
RNR RenaissanceRe Holdings Ltd. Common Stock $14,267 1.85% 48 $-576,450 Down ×1
AME AMETEK, Inc. $14,148 1.83% 66 $-653,725 Down ×3
PZZA Papa John's International, Inc. - Common Stock $13,839 1.79% 427 $-518,324 Down ×1
JLL Jones Lang LaSalle Incorporated Common Stock $13,694 1.77% 45 $-655,208 Down ×3
AVTR Avantor, Inc. Common Stock $13,461 1.74% 1,717 $-633,341 Down ×1
ENTG Entegris, Inc. - Common Stock $12,896 1.67% 110 Up ×1
SW Smurfit WestRock plc Ordinary Shares $12,672 1.64% 318 $-648,624 Down ×1
TWLO Twilio Inc. Class A Common Stock $11,072 1.43% 88 $-664,426 Down ×2
C Citigroup, Inc. Common Stock $10,774 1.40% 95 Up ×1
NCLH Norwegian Cruise Line Holdings Ltd. Ordinary Shares $10,753 1.39% 575 $-732,213 Down ×1
XOM Exxon Mobil Corporation Common Stock $9,501 1.23% 56 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $9,466 1.23% 33 Up ×1
SCHW Charles Schwab Corporation (The) Common Stock $8,834 1.14% 94 Up ×1
JPM JP Morgan Chase & Co. Common Stock $8,825 1.14% 30 Up ×1
IDA IDACORP, Inc. Common Stock $8,292 1.07% 58 $-531,866 Down ×5
BPOP Popular, Inc. - Common Stock $7,648 0.99% 57 $-556,054 Down ×5
AMZN Amazon.com, Inc. - Common Stock $7,498 0.97% 36 Up ×1
NEE NextEra Energy, Inc. Common Stock $7,338 0.95% 79 Up ×1
BN Brookfield Corporation Class A Limited Voting Shares $7,325 0.95% 181 Up ×1
HR Healthcare Realty Trust Incorporated Common Stock $7,323 0.95% 431 $-485,414 Down ×5
FCX Freeport-McMoRan, Inc. Common Stock $7,289 0.94% 124 Up ×1
TGT Target Corporation Common Stock $7,151 0.93% 59 Up ×1
SMTC Semtech Corporation - Common Stock $6,997 0.91% 91
LECO Lincoln Electric Holdings, Inc. - Common Shares $6,974 0.90% 28 $-506,335 Down ×3
META Meta Platforms, Inc. - Class A Common Stock $6,866 0.89% 12 Up ×1
CDP COPT Defense Properties Common Shares of Beneficial Interest $6,824 0.88% 223 $-438,921 Down ×3
PLD Prologis, Inc. Common Stock $6,741 0.87% 51 Up ×1
CCL Carnival Corporation Common Stock $6,729 0.87% 260 Up ×1
WFRD Weatherford International plc - Ordinary shares $6,337 0.82% 67
PEP PepsiCo, Inc. - Common Stock $6,212 0.80% 40 Up ×1
SLGN Silgan Holdings Inc. Common Stock $6,208 0.80% 160 $-527,887 Down ×1
HCA HCA Healthcare, Inc. Common Stock $6,152 0.80% 13 Up ×1
V Visa Inc. $6,045 0.78% 20 Up ×1
LMT Lockheed Martin Corporation Common Stock $6,044 0.78% 10 Up ×1
EYE National Vision Holdings, Inc. - Common Stock $5,931 0.77% 229 $-406,466 Down ×5
CP Canadian Pacific Kansas City Limited Common Shares $5,900 0.76% 75 Up ×1
TMO Thermo Fisher Scientific Inc Common Stock $5,898 0.76% 12 Up ×1
AIG American International Group, Inc. New Common Stock $5,870 0.76% 78 Up ×1
MSFT Microsoft Corporation - Common Stock $5,553 0.72% 15 Up ×1
ESNT Essent Group Ltd. Common Shares $5,493 0.71% 94 $-506,916 Down ×5
UL Unilever PLC American Depositary Shares (each representing One Ordinary Share) $5,412 0.70% 95 Up ×1
AAOI Applied Optoelectronics, Inc. - Common Stock $5,160 0.67% 61 Up ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $5,141 0.67% 19 Up ×1
WAB Westinghouse Air Brake Technologies Corporation Common Stock $4,998 0.65% 20 $-585,618 Down ×2
ELAN Elanco Animal Health Incorporated Common Stock $4,714 0.61% 197 $-479,274 Down ×4
FLEX Flex Ltd. - Ordinary Shares $4,713 0.61% 72 $-376,658 Down ×5
EWBC East West Bancorp, Inc. - Common Stock $4,697 0.61% 44 $-620,191 Down ×1
UCTT Ultra Clean Holdings, Inc. - Common Stock $4,601 0.60% 74
NDSN Nordson Corporation - Common Stock $4,257 0.55% 16 $-550,896 Down ×2
QCOM QUALCOMM Incorporated - Common Stock $4,250 0.55% 33 Up ×1
IEX IDEX Corporation Common Stock $4,170 0.54% 22 Up ×1
CPAY Corpay, Inc. Common Stock $4,074 0.53% 14 $-613,434 Down ×1
PLAY Dave & Buster's Entertainment, Inc. - Common Stock $4,061 0.53% 375 $-416,751 Down ×1
HAS Hasbro, Inc. - Common Stock $4,025 0.52% 43 $-556,035 Down ×5
SKWD Skyward Specialty Insurance Group, Inc. - Common Stock $4,019 0.52% 92
VNOM Viper Energy, Inc. - Class A Common Stock $3,947 0.51% 84 $-388,843 Down ×2
BRX Brixmor Property Group Inc. Common Stock $3,773 0.49% 131 $-481,113 Down ×5
ESAB ESAB Corporation Common Stock $3,770 0.49% 39
AIT Applied Industrial Technologies, Inc. Common Stock $3,714 0.48% 14 $-503,664 Down ×3
EQT EQT Corporation Common Stock $3,691 0.48% 58 $-439,259 Down ×5
OKTA Okta, Inc. - Class A Common Stock $3,463 0.45% 44 $-421,191 Down ×2
ITGR Integer Holdings Corporation Common Stock $3,344 0.43% 38 Up ×1
BRC Brady Corporation Common Stock $3,331 0.43% 41
NPO Enpro Inc. Common Stock $3,258 0.42% 13
POR Portland General Electric Co Common Stock $3,219 0.42% 61
ABCB Ameris Bancorp Common Stock $3,120 0.40% 40
VRNS Varonis Systems, Inc. - Common Stock $3,113 0.40% 145 $-506,402 Down ×1
COHU Cohu, Inc. - Common Stock $3,031 0.39% 99 Up ×1
COO The Cooper Companies, Inc. - Common Stock $3,003 0.39% 42 $-487,036 Down ×2
ALHC Alignment Healthcare, Inc. - Common Stock $2,995 0.39% 170 Up ×1
CWK Cushman & Wakefield Ltd. Common Shares $2,979 0.39% 243 Up ×1
ICUI ICU Medical, Inc. - Common Stock $2,970 0.38% 23 Up ×1
BANR Banner Corporation - Common Stock $2,913 0.38% 48
NTB Bank of N.T. Butterfield & Son Limited (The) Voting Ordinary Shares $2,834 0.37% 54
CRK Comstock Resources, Inc. Common Stock $2,825 0.37% 134
ATMU Atmus Filtration Technologies Inc. Common Stock $2,782 0.36% 49
XRAY DENTSPLY SIRONA Inc. - Common Stock $2,726 0.35% 235 Up ×1
EVTC Evertec, Inc. Common Stock $2,709 0.35% 96
VSCO Victorias Secret & Co. Common Stock $2,643 0.34% 57
EHC Encompass Health Corporation Common Stock $2,612 0.34% 27 $-400,295 Down ×5
NGVT Ingevity Corporation Common Stock $2,564 0.33% 36
HWC Hancock Whitney Corporation - Common Stock $2,544 0.33% 40
CWH Camping World Holdings, Inc. Class A Common Stock $2,493 0.32% 365 Up ×1
AGO Assured Guaranty Ltd. Common Stock $2,444 0.32% 30
FHB First Hawaiian, Inc. - Common Stock $2,415 0.31% 98
ZWS Zurn Elkay Water Solutions Corporation Common Stock $2,377 0.31% 53
NOG Northern Oil and Gas, Inc. Common Stock $2,338 0.30% 80

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
FUN $17,945 1,011 2.32%
ENTG $12,896 110 1.67%
C $10,774 95 1.40%
XOM $9,501 56 1.23%
GOOG $9,466 33 1.23%
SCHW $8,834 94 1.14%
JPM $8,825 30 1.14%
AMZN $7,498 36 0.97%
NEE $7,338 79 0.95%
BN $7,325 181 0.95%
FCX $7,289 124 0.94%
TGT $7,151 59 0.93%
SMTC $6,997 91 0.91%
META $6,866 12 0.89%
PLD $6,741 51 0.87%

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
FUN Sept. 30, 2025 101,318 $3,083,107 -70.2%
RDNT Sept. 30, 2025 46,198 $2,629,128 -7.7%
VITL Sept. 30, 2025 66,302 $2,553,953 -77.8%
ABCB Sept. 30, 2025 38,131 $2,467,076 12.7%
BANR Sept. 30, 2025 38,241 $2,453,160 7.3%
ESAB Sept. 30, 2025 18,888 $2,276,948 -40.1%
WHD Sept. 30, 2025 51,374 $2,246,071 60.0%
NPO Sept. 30, 2025 11,638 $2,229,259 18.5%
VRNS Sept. 30, 2025 42,709 $2,167,482 -14.9%
NTB Sept. 30, 2025 48,324 $2,139,787 39.6%
FRSH Sept. 30, 2025 142,640 $2,126,762 31.6%
FOUR Sept. 30, 2025 21,028 $2,084,085 -49.9%
VNOM (filed as VNOMXXXX) Sept. 30, 2025 53,973 $2,057,990 22.8%
HWC Sept. 30, 2025 35,530 $2,039,422 17.4%
LITE Sept. 30, 2025 21,397 $2,033,999 364.7%
CRK Sept. 30, 2025 70,491 $1,950,486 -28.7%
EVTC Sept. 30, 2025 53,625 $1,933,181 -4.0%
NOG Sept. 30, 2025 66,881 $1,896,076 14.0%
BRC Sept. 30, 2025 27,854 $1,893,236 4.6%
ZWS Sept. 30, 2025 50,619 $1,851,137 3.2%
AHCO Sept. 30, 2025 195,389 $1,842,518 -32.7%
SMTC Sept. 30, 2025 40,170 $1,813,274 84.7%
AGO Sept. 30, 2025 20,622 $1,796,176 -17.9%
NGVT Sept. 30, 2025 41,457 $1,786,382 26.2%
CWK Sept. 30, 2025 158,636 $1,756,101 -25.7%
FHB Sept. 30, 2025 70,185 $1,751,818 2.1%
SKWD Sept. 30, 2025 30,163 $1,743,120 27.0%
KRC Sept. 30, 2025 49,317 $1,692,066 -11.8%
CHX June 30, 2025 55,596 $1,656,761 No longer tracked
CXT Sept. 30, 2025 30,734 $1,656,563 -15.2%
LBRT June 30, 2025 103,769 $1,642,663 35.8%
FORM Sept. 30, 2025 47,052 $1,619,059 170.5%
BDC Sept. 30, 2025 13,814 $1,599,661 -13.4%
OZK Sept. 30, 2025 32,988 $1,552,415 -0.7%
ATMU Sept. 30, 2025 42,064 $1,531,971 -1.1%
CMRC Sept. 30, 2025 303,184 $1,515,920 -28.7%
TEX Sept. 30, 2025 30,924 $1,443,842 0.0%
UCTT June 30, 2025 63,489 $1,359,299 100.8%
POR Sept. 30, 2025 33,318 $1,353,710 1.3%
WFRD Sept. 30, 2025 26,827 $1,349,666 26.9%
HAYW Sept. 30, 2025 95,118 $1,312,628 -16.2%
BUSE Sept. 30, 2025 52,382 $1,198,762 31.0%
PLYM Sept. 30, 2025 71,106 $1,141,962 No longer tracked
HUN Sept. 30, 2025 106,125 $1,105,823 -2.0%
HLIO June 30, 2025 33,378 $1,071,100 98.3%
WBS March 31, 2026 11,255 $708,390 No longer tracked
ATI March 31, 2026 5,893 $676,281 7.9%
VSCO Dec. 31, 2025 22,125 $600,473 No longer tracked
AL Sept. 30, 2025 7,986 $467,101 No longer tracked
S Dec. 31, 2025 24,095 $424,313 60.0%
ESTC March 31, 2026 4,899 $369,581 104.9%
GTLS Sept. 30, 2025 1,644 $270,685 No longer tracked