Sector breakdown

04
Technology 28.7%
Financials 15.7%
Industrials 12.1%
Retail 9.0%
Healthcare 3.9%
Consumer products 3.2%
Communication Services 2.8%
Energy 2.4%
Materials 1.5%
Utilities 1.5%
Consumer Discretionary 1.0%
Consumer Staples 0.4%
Real Estate 0.2%
Other/Unmapped 17.6%

Full portfolio 392 positions

05
Type Streak 8Q trend
NVDA NVIDIA Corporation - Common Stock $83,659,430 9.98% 418,109 $9,700,401 Down ×6
BRK-A (filed as BRKA) Berkshire Hathaway Inc. Class A $46,428,700 5.54% 62 $1,904,020
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $35,121,873 4.19% 70,189 $1,972,734 Up ×1
AAPL Apple Inc. - Common Stock $32,121,275 3.83% 111,008 $3,804,655 Down ×2
MUSA Murphy USA Inc. Common Stock $29,822,682 3.56% 55,343 $3,843,317 Up ×1
PANW Palo Alto Networks, Inc. - Common Stock $28,942,027 3.45% 84,869 $15,703,763 Up ×2
ASML ASML Holding N.V. - New York Registry Shares $23,859,354 2.85% 11,993 $8,325,073 Up ×6
GLW Corning Incorporated Common Stock $21,218,570 2.53% 83,070 $10,310,921 Up ×5
KLAC KLA Corporation - Common Stock $20,817,386 2.48% 68,998 $10,997,884 Up ×6
AMZN Amazon.com, Inc. - Common Stock $19,756,241 2.36% 82,891 $3,162,954 Up ×4
MSFT Microsoft Corporation - Common Stock $19,674,940 2.35% 52,745 $1,085,372 Up ×4
GOOGL Alphabet Inc. - Class A Common Stock $17,810,606 2.13% 49,838 $4,142,592 Up ×6
RTX RTX Corporation Common Stock $15,238,165 1.82% 80,315 $1,152,028 Up ×6
V Visa Inc. $14,997,836 1.79% 43,714 $2,653,448 Up ×6
JPM JP Morgan Chase & Co. Common Stock $14,281,408 1.70% 43,630 $2,658,558 Up ×6
OUNZ VanEck Merk Gold ETF $12,424,321 1.48% 321,957 $-326,000 Up ×5
TIPX State Street SPDR Bloomberg 1a??10 Year TIPS ETF $12,309,744 1.47% 650,277 $-137,964 Up ×4
HOLA J.P. Morgan Exchange-Traded Fund Trust $11,878,217 1.42% 214,519 $-1,798,572 Down ×2
AVGO Broadcom Inc. - Common Stock $11,656,232 1.39% 30,857 $4,594,142 Up ×1
IVV iShares Trust $11,493,964 1.37% 15,348 $2,146,528 Up ×3
FPS Forgent Power Solutions, Inc. Class A Common Stock $11,155,801 1.33% 199,710 Up ×1
LOW Lowe's Companies, Inc. Common Stock $10,993,852 1.31% 49,861 $169,865 Up ×2
BINV 2023 ETF Series Trust $10,758,040 1.28% 256,388 $1,429,542 Up ×2
MTH Meritage Homes Corporation Common Stock $10,355,475 1.24% 123,500 $2,718,235
SCCO Southern Copper Corporation Common Stock $10,246,837 1.22% 58,802 $937,874 Up ×5
SYK Stryker Corporation Common Stock $9,888,810 1.18% 31,409 $394,202 Up ×6
NEE NextEra Energy, Inc. Common Stock $9,880,971 1.18% 112,578 $450,586 Up ×6
BLK BlackRock, Inc. Common Stock $9,395,403 1.12% 9,771 $840,993 Up ×5
DIVO Amplify ETF Trust $8,683,549 1.04% 190,012 $781,293 Up ×3
VMI Valmont Industries, Inc. Common Stock $8,653,026 1.03% 14,981 $4,186,633 Up ×1
IBM International Business Machines Corporation Common Stock $8,465,827 1.01% 30,105 $2,664,949 Up ×5
GRBK Green Brick Partners, Inc. Common Stock $8,385,631 1.00% 104,768 $2,415,176 Up ×6
COST Costco Wholesale Corporation - Common Stock $7,837,367 0.94% 8,378 $519,585 Up ×6
DE Deere & Company Common Stock $7,651,923 0.91% 12,063 $1,886,548 Up ×6
FANG Diamondback Energy, Inc. - Common Stock $7,521,626 0.90% 42,790 $909,704 Up ×2
HUBB Hubbell Inc Common Stock $7,350,960 0.88% 14,050 $1,671,135 Up ×6
NVT nVent Electric plc Ordinary Shares $7,314,771 0.87% 43,127 $1,618,407 Down ×1
TMO Thermo Fisher Scientific Inc Common Stock $7,066,669 0.84% 14,095 $1,222,377 Up ×5
JPST JPMorgan Ultra-Short Income ETF $6,797,569 0.81% 134,419 $303,547 Up ×5
SNPS Synopsys, Inc. - Common Stock $6,727,628 0.80% 15,082 $1,626,516 Up ×6
MUR Murphy Oil Corporation Common Stock $6,459,383 0.77% 198,384 $-1,701,270 Up ×1
VXF Vanguard Extended Market ETF $6,447,501 0.77% 26,187 $1,033,726 Down ×2
SN SharkNinja, Inc. Ordinary Shares $6,351,639 0.76% 41,713 $3,169,449 Up ×2
CAT Caterpillar, Inc. Common Stock $5,909,130 0.71% 5,549 $1,948,130 Down ×2
VO Vanguard Morningstar Mid-Cap ETF $5,544,827 0.66% 68,820
CASY Caseys General Stores, Inc. - Common Stock $4,898,290 0.58% 6,163 $191,219 Down ×1
TRMB Trimble Inc. - Common Stock $4,770,232 0.57% 93,205 $-228,473 Up ×5
VOO Vanguard S&P 500 ETF $4,105,750 0.49% 5,978 $404,525 Down ×3
VTI Vanguard Morningstar Total Stock Market ETF $3,966,459 0.47% 10,719 $455,835 Down ×1
JEPI JPMorgan Equity Premium Income ETF $3,919,825 0.47% 69,402 $-17,508 Down ×1
JNJ Johnson & Johnson Common Stock $3,831,137 0.46% 15,085 $85,094 Down ×1
TE T1 Energy Inc. Common Stock $3,709,666 0.44% 391,315 $279,693 Down ×1
CDX Simplify Exchange Traded Funds $3,661,532 0.44% 173,368 $-998,868 Down ×1
ACWX iShares MSCI ACWI ex U.S. ETF $3,644,984 0.44% 47,891 $2,802,734 Up ×5
CB Chubb Limited Common Stock $3,426,481 0.41% 10,056 $110,795 Down ×1
BSX Boston Scientific Corporation Common Stock $3,187,428 0.38% 74,682 $110,921 Up ×2
WM Waste Management, Inc. Common Stock $3,081,985 0.37% 13,828 $93,106 Up ×5
IVW iShares S&P 500 Growth ETF $3,029,923 0.36% 22,031 $604,958 Up ×6
MA Mastercard Incorporated Common Stock $2,985,043 0.36% 5,812 $67,529 Down ×2
JEPQ JPMorgan Nasdaq Equity Premium Income ETF $2,800,732 0.33% 45,570 $665,932 Up ×6
LLY Eli Lilly and Company Common Stock $2,789,874 0.33% 2,326 $811,449 Up ×1
QQQ Invesco QQQ Trust, Series 1 $2,734,989 0.33% 3,714 $205,209 Down ×1
IBIT iShares Bitcoin Trust ETF $2,472,648 0.30% 74,276 Up ×1
TSLA Tesla, Inc. - Common Stock $2,387,326 0.28% 5,676 $2,018,178 Up ×2
GOOG Alphabet Inc. - Class C Capital Stock $2,353,531 0.28% 6,661 $390,835 Down ×2
MSI Motorola Solutions, Inc. Common Stock $2,252,533 0.27% 5,424 $-6,715 Up ×6
MO Altria Group, Inc. $2,241,027 0.27% 31,147 $185,637
HELO J.P. Morgan Exchange-Traded Fund Trust $2,221,152 0.27% 32,867 $415,375 Up ×4
OPPJ WisdomTree Japan Opportunities Fund $2,119,892 0.25% 36,762 $1,277,638 Up ×1
FOSL Fossil Group, Inc. - Common Stock $2,041,865 0.24% 493,204 Up ×1
WEC WEC Energy Group, Inc. Common Stock $2,031,798 0.24% 17,400 $33,492 Up ×3
PG Procter & Gamble Company (The) Common Stock $1,926,703 0.23% 13,139 $93,037 Up ×2
ABT Abbott Laboratories Common Stock $1,908,988 0.23% 21,038 $-92,358 Up ×5
UNP Union Pacific Corporation Common Stock $1,833,008 0.22% 6,739 $-384,054 Down ×4
RPM RPM International Inc. Common Stock $1,767,841 0.21% 15,905 $185,294 Down ×1
AZN AstraZeneca PLC - American Depositary Shares $1,699,754 0.20% 8,964 Up ×1
IPAC iShares Trust $1,644,007 0.20% 20,066 $1,156,409 Up ×4
PHYS Sprott Physical Gold Trust ETV $1,569,986 0.19% 52,038 $-235,434 Up ×1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $1,512,703 0.18% 16,021 $603,285 Up ×3
HBAN Huntington Bancshares Incorporated - Common Stock $1,505,827 0.18% 84,931 $176,657
MPLX MPLX LP Common Units Representing Limited Partner Interests $1,477,085 0.18% 26,222 Up ×1
HD Home Depot, Inc. (The) Common Stock $1,459,390 0.17% 4,138 $192,834 Up ×5
WDEF WisdomTree Europe Defense Fund $1,423,315 0.17% 52,347 $-854,209 Down ×1
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $1,402,651 0.17% 1,838 $1,121,556 Up ×1
PAAA PGIM ETF Trust $1,307,590 0.16% 25,504 Up ×1
FTRI First Trust Indxx Global Natural Resources Income ETF $1,253,460 0.15% 78,983 $129,374 Up ×3
XOM Exxon Mobil Corporation Common Stock $1,187,413 0.14% 8,685 $-287,441 Down ×1
SIVR abrdn Physical Silver Shares ETF $1,154,421 0.14% 20,534 $-316,019
MAR Marriott International - Class A Common Stock $1,134,376 0.14% 3,061 $104,433 Down ×2
RCL Royal Caribbean Cruises Ltd. Common Stock $967,514 0.12% 3,047 $108,402 Down ×2
IJH iShares Trust $955,624 0.11% 12,393 $118,725
EMXC iShares MSCI Emerging Markets ex China ETF $926,633 0.11% 9,058 Up ×1
IJR iShares Trust $910,623 0.11% 6,140 $121,752 Down ×1
SPY SPY $892,390 0.11% 1,195 $158,156 Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $849,597 0.10% 1,779 $458,927 Up ×5
RYN Rayonier Inc. REIT Common Stock $771,166 0.09% 36,239 $23,918
SBUX Starbucks Corporation - Common Stock $735,053 0.09% 7,193 $33,026 Down ×1
DVN Devon Energy Corporation Common Stock $706,820 0.08% 17,106 $-109,874 Up ×1
BSV VANGUARD BOND INDEX FUNDS $703,527 0.08% 9,030 $-40,113 Down ×1
CVX Chevron Corporation Common Stock $636,353 0.08% 3,839 $-139,729 Up ×2

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
ASML $23,859,354 2.85% up ×6
GLW $21,218,570 2.53% up ×5
KLAC $20,817,386 2.48% up ×6
AMZN $19,756,241 2.36% up ×4
MSFT $19,674,940 2.35% up ×4
GOOGL $17,810,606 2.13% up ×6
RTX $15,238,165 1.82% up ×6
V $14,997,836 1.79% up ×6
JPM $14,281,408 1.70% up ×6
OUNZ $12,424,321 1.48% up ×5
TIPX $12,309,744 1.47% up ×4
IVV $11,493,964 1.37% up ×3
SCCO $10,246,837 1.22% up ×5
SYK $9,888,810 1.18% up ×6
NEE $9,880,971 1.18% up ×6

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
FPS $11,155,801 199,710 1.33%
VO $5,544,827 68,820 0.66%
IBIT $2,472,648 74,276 0.30%
FOSL $2,041,865 493,204 0.24%
AZN $1,699,754 8,964 0.20%
MPLX $1,477,085 26,222 0.18%
PAAA $1,307,590 25,504 0.16%
EMXC $926,633 9,058 0.11%
NLR $280,440 2,418 0.03%
XOP $264,864 1,717 0.03%
ETHA $253,756 21,342 0.03%
RONB $234,045 9,592 0.03%
JTEK $163,758 1,468 0.02%
IHI $135,186 2,736 0.02%
DEO $93,321 1,161 0.01%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
PANW Bought more +2K +$15.7M
KLAC Bought more +62K +$11.0M
GLW Bought more +3K +$10.3M
NVDA Trimmed -6K +$9.7M
ASML Bought more +232 +$8.3M
AVGO Bought more +8K +$4.6M
VMI Bought more +4K +$4.2M
GOOGL Bought more +2K +$4.1M
MUSA Bought more +3K +$3.8M
AAPL Trimmed -567 +$3.8M

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
CADE March 31, 2026 29,829 $1,277,874 No longer tracked
CPT Dec. 31, 2025 8,023 $856,696 -11.3%
PCH March 31, 2026 19,928 $792,736 No longer tracked
HYD June 30, 2025 10,000 $511,800 -4.6%
HON June 30, 2026 2,193 $495,684 -4.9%
BFST Dec. 31, 2025 16,965 $400,544 17.6%
UNG June 30, 2025 16,030 $346,408 -29.7%
VEU Dec. 31, 2025 4,846 $345,859
TEWS June 30, 2026 1,035,484 $242,303 No longer tracked
LMT Sept. 30, 2025 520 $240,833 2.2%
NET Sept. 30, 2025 1,074 $210,321 65.4%
OKTA Dec. 31, 2025 1,823 $167,169 152.9%
FBND Dec. 31, 2025 3,379 $156,245
KOS Sept. 30, 2025 88,682 $152,533 56.6%
DINO June 30, 2026 2,422 $151,109 64.5%
MGC Dec. 31, 2025 424 $103,494
AGG March 31, 2026 924 $92,289
ACN June 30, 2026 456 $90,420 55.4%
GIS June 30, 2025 1,503 $89,864 -37.9%
NNN Dec. 31, 2025 2,075 $88,333 2.2%
HCA Dec. 31, 2025 200 $85,240 -7.4%
TSLX Sept. 30, 2025 3,361 $80,025 -24.5%
GXO June 30, 2026 1,534 $79,538 -8.5%
SFD June 30, 2026 2,842 $79,491 -22.6%
SLB Dec. 31, 2025 2,303 $79,154 30.3%
IPG Dec. 31, 2025 2,756 $76,920 No longer tracked
ARCC Sept. 30, 2025 3,470 $76,201 -8.7%
CTRA June 30, 2026 2,150 $75,551 No longer tracked
OPEN Dec. 31, 2025 9,250 $73,723 -61.1%
MFIC Dec. 31, 2025 6,044 $72,468 -25.7%
VCRB Dec. 31, 2025 902 $70,726
WHR Sept. 30, 2025 696 $70,588 -61.6%
BPRE June 30, 2026 4,185 $69,513 0.6%
DEA (filed as DEAXXXX) June 30, 2025 6,521 $69,123 4.8%
NOBL June 30, 2026 642 $68,058 -2.1%
AMCR March 31, 2026 7,580 $63,217 5.1%
PAYX June 30, 2026 640 $58,957 2.7%
BXSL June 30, 2026 2,350 $55,672 -0.8%
CRI Sept. 30, 2025 1,821 $54,867 19.9%
SIRI Dec. 31, 2025 2,000 $46,550 31.8%
AJG Sept. 30, 2025 145 $46,417 -25.8%
QDEF March 31, 2026 500 $40,480
WMB March 31, 2026 667 $40,093 -0.5%
FVD June 30, 2026 823 $38,706
F June 30, 2026 3,294 $38,013 -11.7%
FISV June 30, 2026 600 $33,480 -7.3%
SLQD Sept. 30, 2025 627 $31,720
IQV June 30, 2025 178 $31,381 65.0%
VHT June 30, 2026 114 $31,046
MRVL June 30, 2025 500 $30,785 270.8%
SPTM March 31, 2026 353 $29,123 19.4%
PVAL June 30, 2026 626 $29,046
KVUE March 31, 2026 1,576 $27,186 2.0%
IEFA March 31, 2026 301 $26,927
VIGI June 30, 2026 299 $26,450
AMT June 30, 2026 150 $25,887 0.7%
XLI Dec. 31, 2025 162 $24,985 10.9%
BAX June 30, 2025 683 $23,379 -19.6%
VNQ Dec. 31, 2025 252 $23,038
PNC June 30, 2025 131 $23,026 18.1%
SCHE Dec. 31, 2025 690 $23,025
ETHE March 31, 2026 930 $22,664 26.5%
SDVY June 30, 2026 541 $21,332
FTLS June 30, 2026 297 $20,897
HOOD June 30, 2026 300 $20,790 11.7%
USMV June 30, 2026 221 $20,496
ESML June 30, 2026 411 $19,325
BWXT March 31, 2026 100 $17,284 -28.7%
DFAT Dec. 31, 2025 295 $17,172
CRGY March 31, 2026 1,919 $16,100 0.9%
FLQM June 30, 2026 290 $15,930
CMCSA Dec. 31, 2025 500 $15,710 -23.0%
LRCX March 31, 2026 90 $15,406 56.3%
ADP June 30, 2026 68 $13,816 17.2%
AIG June 30, 2026 174 $13,094 0.8%
ATR June 30, 2025 85 $12,612 -23.1%
AVDV Dec. 31, 2025 133 $11,841
VCLT March 31, 2026 150 $11,378
ETH March 31, 2026 369 $10,354 29.2%
ALEX March 31, 2026 465 $9,598 No longer tracked
CHE June 30, 2026 25 $9,444 9.5%
VO March 31, 2026 32 $9,287 12.8%
GNRC June 30, 2025 70 $8,866 56.1%
ALB June 30, 2025 123 $8,858 69.7%
TFC June 30, 2025 215 $8,847 7.6%
SNDL June 30, 2026 6,445 $8,507 -8.9%
GNMA Sept. 30, 2025 188 $8,263
IMCB Sept. 30, 2025 100 $7,966 15.6%
GRMN March 31, 2026 37 $7,505 20.3%
MTUM March 31, 2026 28 $7,009
HRL Dec. 31, 2025 264 $6,531 -16.1%
SPSB Dec. 31, 2025 211 $6,391
GS June 30, 2026 7 $5,922 -11.3%
IEMG March 31, 2026 84 $5,646
SCZ Dec. 31, 2025 72 $5,524
AMBP Dec. 31, 2025 1,351 $5,390 8.3%
VDC Dec. 31, 2025 25 $5,343
BMNR Dec. 31, 2025 100 $5,193 -3.5%
AVUV Dec. 31, 2025 52 $5,176
YOLO June 30, 2026 1,950 $5,129
POOL June 30, 2026 25 $5,058 -26.4%
FITB June 30, 2026 108 $5,018 -9.5%
ORCL June 30, 2026 30 $4,413 -1.2%
XEL June 30, 2026 55 $4,369 -9.4%
HYG Sept. 30, 2025 54 $4,355
VTIP Sept. 30, 2025 86 $4,323
SCHD June 30, 2025 152 $4,250 25.3%
CSCO June 30, 2026 51 $3,957 0.4%
ZBH Dec. 31, 2025 39 $3,842 -0.3%
BUFR June 30, 2026 107 $3,613
TPR June 30, 2026 25 $3,528 -20.2%
HEQT June 30, 2026 111 $3,497
DG June 30, 2026 28 $3,324 7.1%
SPMD March 31, 2026 53 $3,069 9.8%
NSC June 30, 2026 9 $2,583 0.5%
AMD March 31, 2026 12 $2,570 219.2%
MDLZ June 30, 2026 42 $2,421 3.1%
SLB June 30, 2026 47 $2,415 7.6%
COWZ June 30, 2026 37 $2,315
CBRE June 30, 2026 17 $2,303 -3.0%
SPDW March 31, 2026 47 $2,087
MBSF June 30, 2026 78 $1,990
DOW Dec. 31, 2025 85 $1,949 20.4%
IGRO June 30, 2026 23 $1,927
DGRO June 30, 2026 27 $1,895
KKR June 30, 2026 18 $1,665 -1.2%
IRTC March 31, 2026 9 $1,597 -9.2%
AVEM June 30, 2026 18 $1,450
OGI June 30, 2026 1,050 $1,407 -4.9%
SPEM March 31, 2026 30 $1,404 12.7%
TDV June 30, 2026 13 $1,101
OGI June 30, 2025 1,050 $1,061 -28.1%
CMCSA June 30, 2026 35 $1,005 -12.2%
FLWS June 30, 2026 299 $909 -25.6%
BND March 31, 2026 10 $741
SOUN June 30, 2026 100 $687 -11.6%
DAL Sept. 30, 2025 7 $344 47.4%
COMP March 31, 2026 18 $190 27.1%
SAN June 30, 2026 7 $79 1.5%
WBD Sept. 30, 2025 1 $11 58.5%
SEVN June 30, 2026 1 $8 -18.1%
SVC June 30, 2026 1 $1 -84.6%