Sector breakdown

04
Technology 14.8%
Utilities 11.2%
Financials 6.3%
Communication Services 3.1%
Retail 2.9%
Industrials 2.9%
Healthcare 2.3%
Energy 1.7%
Consumer Discretionary 1.0%
Consumer Staples 0.4%
Real Estate 0.3%
Consumer products 0.2%
Materials 0.1%
Other/Unmapped 52.8%

Full portfolio 344 positions

05
Type Streak 8Q trend
ATO Atmos Energy Corporation Common Stock $182,669,745 11.06% 1,060,369 $-12,864,738 Up ×1
PTLC Pacer Funds Trust $154,302,107 9.34% 2,648,509 $22,773,161 Up ×4
SPHQ Invesco S&P 500 Quality ETF $154,085,587 9.33% 1,710,162 $27,245,765 Up ×5
GSLC Goldman Sachs ETF Trust $123,511,208 7.48% 870,472 $16,899,310 Up ×5
QUS SPDR SERIES TRUST $104,776,010 6.34% 560,714 $11,817,555 Up ×5
MOAT VanEck ETF Trust $70,841,437 4.29% 681,430 $5,831,370 Up ×5
AAPL Apple Inc. - Common Stock $67,145,524 4.06% 232,048 $8,284,863 Up ×5
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $54,606,885 3.30% 109,129 $1,080,892 Down ×3
IVV iShares Trust $38,131,604 2.31% 50,917 $3,854,393 Down ×5
AMAT Applied Materials, Inc. - Common Stock $35,769,559 2.16% 49,474 $18,516,924 Down ×3
COWZ Pacer Funds Trust $35,060,697 2.12% 563,677 $-363,906 Down ×2
NVDA NVIDIA Corporation - Common Stock $34,647,536 2.10% 173,160 $4,942,399 Up ×4
AMD Advanced Micro Devices, Inc. - Common Stock $27,694,632 1.68% 47,675 $17,781,983 Down ×3
AMZN Amazon.com, Inc. - Common Stock $25,078,616 1.52% 105,222 $2,994,966 Down ×1
GOOG Alphabet Inc. - Class C Capital Stock $24,988,087 1.51% 70,722 $4,590,641 Down ×3
MSFT Microsoft Corporation - Common Stock $22,864,537 1.38% 61,296 $319,389 Up ×1
SCHQ SCHWAB STRATEGIC TRUST $19,462,612 1.18% 621,809 $2,464,904 Up ×5
JEPI JPMorgan Equity Premium Income ETF $16,836,581 1.02% 298,098 $599,191 Up ×1
SPY SPY $16,802,913 1.02% 22,501 $3,276,895 Up ×3
RTX RTX Corporation Common Stock $13,154,905 0.80% 69,335 $-318,506 Down ×3
WMT Walmart Inc. - Common Stock $12,575,083 0.76% 111,028 $-943,242 Up ×1
PANW Palo Alto Networks, Inc. - Common Stock $11,915,883 0.72% 34,942 $6,197,805 Down ×1
FDIF Fidelity Disruptors ETF $10,288,434 0.62% 254,195 $2,656,651 Up ×5
SPY SPY $9,708,010 0.59% 13,000 Call option $9,317,806 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $8,595,368 0.52% 24,052 $1,942,413 Up ×5
CSX CSX Corporation - Common Stock $8,435,484 0.51% 177,477 $1,072,687 Down ×1
V Visa Inc. $7,612,391 0.46% 22,188 $989,059 Up ×1
SCHX SCHWAB STRATEGIC TRUST $7,572,829 0.46% 257,317 $917,665 Down ×1
AVGO Broadcom Inc. - Common Stock $7,230,578 0.44% 19,141 $2,091,727 Up ×3
VZ Verizon Communications Inc. Common Stock $7,041,096 0.43% 166,299 $-1,381,771 Down ×2
COP ConocoPhillips Common Stock $6,927,974 0.42% 66,641 $-1,983,279 Down ×3
ISRG Intuitive Surgical, Inc. - Common Stock $6,451,785 0.39% 16,224 $5,479,760 Up ×1
ARCC Ares Capital Corporation - Closed End Fund $6,354,449 0.38% 342,928 $8,030 Down ×4
QQQ Invesco QQQ Trust, Series 1 $6,090,619 0.37% 8,271 $1,247,672 Down ×1
QTEC First Trust NASDAQ-100-Technology Sector Index Fund $6,082,028 0.37% 18,172 $1,760,673 Down ×4
NVO Novo Nordisk A/S Common Stock $5,805,902 0.35% 121,108 $1,404,193 Up ×4
JPM JP Morgan Chase & Co. Common Stock $5,786,310 0.35% 17,677 $356,753 Down ×1
META Meta Platforms, Inc. - Class A Common Stock $5,770,083 0.35% 10,244 $61,093 Up ×1
BXSL Blackstone Secured Lending Fund Common Shares of Beneficial Interest $5,489,482 0.33% 231,526 $-27,007 Down ×3
TSLA Tesla, Inc. - Common Stock $5,373,154 0.33% 12,775 $938,791 Up ×4
BLK BlackRock, Inc. Common Stock $5,265,765 0.32% 5,476 $-63,676 Down ×2
VOO Vanguard S&P 500 ETF $5,094,232 0.31% 7,417 $933,888 Up ×5
TMO Thermo Fisher Scientific Inc Common Stock $4,939,156 0.30% 9,852 $165,289 Up ×1
SLB SLB Limited Common Shares $4,522,728 0.27% 97,284 $-672,939 Down ×1
KLAC KLA Corporation - Common Stock $4,398,955 0.27% 14,580 $2,262,597 Up ×1
COST Costco Wholesale Corporation - Common Stock $4,387,176 0.27% 4,690 $-154,249 Up ×4
IGV iShares Expanded Tech-Software Sector ETF $4,355,323 0.26% 48,072 $328,968 Down ×1
CIBR First Trust NASDAQ Cybersecurity ETF $4,275,071 0.26% 47,580 $1,448,803 Up ×5
LLY Eli Lilly and Company Common Stock $4,103,018 0.25% 3,421 $1,274,716 Up ×2
CRM Salesforce, Inc. Common Stock $3,980,535 0.24% 25,409 $-1,067,029 Down ×1
STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) $3,957,896 0.24% 4,101 $2,352,786 Up ×2
VTI Vanguard Morningstar Total Stock Market ETF $3,936,674 0.24% 10,639 $1,338,413 Up ×1
JNJ Johnson & Johnson Common Stock $3,776,751 0.23% 14,871 $477,081 Up ×1
GLD SPDR Gold Shares $3,652,856 0.22% 9,916 $-793,331 Down ×2
TLT iShares 20+ Year Treasury Bond ETF $3,632,484 0.22% 42,033 $-1,807,660 Down ×5
Unknown issuer (CUSIP: 438516205) $3,375,069 0.20% 15,074 Up ×1
Unknown issuer (CUSIP: 43849R105) $3,332,560 0.20% 15,074 Up ×1
ADBE Adobe Inc. - Common Stock $3,288,122 0.20% 16,038 $-826,656 Down ×1
FBTC Fidelity Wise Origin Bitcoin Fund $3,228,748 0.20% 63,247 $-130,932 Up ×5
XOM Exxon Mobil Corporation Common Stock $3,099,540 0.19% 22,671 $-569,170 Up ×1
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF $2,853,893 0.17% 31,434 $368,721
BALT Innovator Defined Wealth Shield ETF $2,836,734 0.17% 82,776 $-220,896 Down ×2
MU Micron Technology, Inc. - Common Stock $2,786,761 0.17% 2,414 $1,674,972 Down ×1
WDC Western Digital Corporation - Common Stock $2,585,221 0.16% 4,048 $1,492,666 Up ×1
USFR WisdomTree Floating Rate Treasury Fund $2,484,269 0.15% 49,340 $493
XLV SELECT SECTOR SPDR TRUST $2,461,523 0.15% 15,514 $214,578 Up ×1
QQQM Invesco NASDAQ 100 ETF $2,437,154 0.15% 8,044 $500,375 Down ×1
MSDL Morgan Stanley Direct Lending Fund Common Stock $2,414,997 0.15% 159,722 $-498,804 Down ×3
SMH SMH $2,411,164 0.15% 3,676 $779,731 Down ×1
HLT Hilton Worldwide Holdings Inc. Common Stock $2,409,384 0.15% 7,291 $199,026 Up ×1
SGOV iShares Trust $2,351,551 0.14% 23,359 $804,004 Up ×3
CSCO Cisco Systems, Inc. - Common Stock $2,259,296 0.14% 19,235 $580,040 Down ×1
BRK-A (filed as BRKA) Berkshire Hathaway Inc. Class A $2,246,550 0.14% 3 $92,130
DIVO Amplify ETF Trust $2,157,954 0.13% 47,220 $-82,304 Down ×1
PLTR Palantir Technologies Inc. - Class A Common Stock $2,132,549 0.13% 18,278 $-481,643 Up ×3
IWF iShares Russell 1000 Growth Fund $2,121,753 0.13% 17,087 $300,227 Up ×4
CAT Caterpillar, Inc. Common Stock $2,046,657 0.12% 1,922 $750,534 Up ×4
MCK McKesson Corporation Common Stock $1,987,093 0.12% 2,630 $-284,323 Up ×1
SPYG State Street SPDR Portfolio S&P 500 Growth ETF $1,956,077 0.12% 16,439 $346,535
WPC W. P. Carey Inc. REIT $1,884,883 0.11% 26,362 $-363,098 Down ×3
DELL Dell Technologies Inc. Class C Common Stock $1,878,707 0.11% 4,354 $1,249,645 Up ×1
LULU lululemon athletica inc. - Common Stock $1,870,154 0.11% 16,379 $-587,165 Up ×5
Unknown issuer (CUSIP: 71531T105) $1,848,254 0.11% 49,445 Up ×1
VRTX Vertex Pharmaceuticals Incorporated - Common Stock $1,817,734 0.11% 3,659 $111,326 Down ×5
ETN Eaton Corporation, PLC Ordinary Shares $1,805,260 0.11% 4,237 $281,786 Down ×1
PAPR Innovator U.S. Equity Power Buffer ETF - April $1,792,698 0.11% 42,481 $-89,643 Down ×3
TXN Texas Instruments Incorporated - Common Stock $1,749,562 0.11% 5,870 $670,224 Up ×1
ZTS Zoetis Inc. Class A Common Stock $1,704,914 0.10% 23,725 $-1,147,321 Down ×1
VTEB Vanguard Tax-Exempt Bond ETF $1,697,525 0.10% 33,561 $37,086 Up ×1
HD Home Depot, Inc. (The) Common Stock $1,689,177 0.10% 4,790 $251,897 Up ×2
PEP PepsiCo, Inc. - Common Stock $1,538,922 0.09% 11,366 $-217,285 Up ×4
GRNT Granite Ridge Resources, Inc. Common Stock $1,489,389 0.09% 337,730 $-333,868 Up ×1
RSG Republic Services, Inc. Common Stock $1,489,156 0.09% 6,989 $-37,781 Up ×1
DAR Darling Ingredients Inc. Common Stock $1,476,379 0.09% 27,030 $-195,427
FTEC FIDELITY COVINGTON TRUST $1,459,567 0.09% 5,111 $476,349 Up ×3
ABBV AbbVie Inc. Common Stock $1,442,458 0.09% 5,732 $132,291 Down ×1
J Jacobs Solutions Inc. Common Stock $1,424,989 0.09% 11,309 $-4,295 Up ×2
NFLX Netflix, Inc. - Common Stock $1,421,520 0.09% 19,909 $-645,803 Down ×1
CVX Chevron Corporation Common Stock $1,403,366 0.08% 8,466 $-274,387 Up ×4
IBM International Business Machines Corporation Common Stock $1,387,319 0.08% 4,933 $207,932 Up ×3

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
PTLC $154,302,107 9.34% up ×4
SPHQ $154,085,587 9.33% up ×5
GSLC $123,511,208 7.48% up ×5
QUS $104,776,010 6.34% up ×5
MOAT $70,841,437 4.29% up ×5
AAPL $67,145,524 4.06% up ×5
NVDA $34,647,536 2.10% up ×4
SCHQ $19,462,612 1.18% up ×5
SPY $16,802,913 1.02% up ×3
FDIF $10,288,434 0.62% up ×5
GOOGL $8,595,368 0.52% up ×5
AVGO $7,230,578 0.44% up ×3
NVO $5,805,902 0.35% up ×4
TSLA $5,373,154 0.33% up ×4
VOO $5,094,232 0.31% up ×5

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
Unknown issuer (CUSIP: 438516205) $3,375,069 15,074 0.20%
Unknown issuer (CUSIP: 43849R105) $3,332,560 15,074 0.20%
Unknown issuer (CUSIP: 71531T105) $1,848,254 49,445 0.11%
IWB $989,438 2,416 0.06%
Unknown issuer (CUSIP: 84615Q103) $621,363 3,637 0.04%
Unknown issuer (CUSIP: 71531U102) $487,412 14,833 0.03%
INTC $481,793 3,450 0.03%
LRCX $350,481 809 0.02%
FTNT $346,114 2,253 0.02%
DVN $343,500 8,313 0.02%
MRVL $289,442 972 0.02%
VBR $263,644 1,085 0.02%
SNDK $256,590 113 0.02%
ROK $243,084 491 0.01%
IJR $243,019 1,639 0.01%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
SPHQ Bought more +23K +$27.2M
PTLC Bought more +141K +$22.8M
AMAT Trimmed -1K +$18.5M
AMD Trimmed -1K +$17.8M
GSLC Bought more +18K +$16.9M
ATO Bought more +2K -$12.9M
QUS Bought more +19K +$11.8M
AAPL Bought more +121 +$8.3M
PANW Trimmed -725 +$6.2M
MOAT Bought more +9K +$5.8M

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 30,618 $6,920,639 -4.8%
MDT June 30, 2026 50,845 $4,405,758 11.1%
DOC Dec. 31, 2025 152,122 $2,913,128 20.2%
KMI March 31, 2026 82,788 $2,275,840 -7.1%
DVN Dec. 31, 2025 58,948 $2,066,715 30.0%
FIW Sept. 30, 2025 16,319 $1,762,112
HGV June 30, 2026 41,008 $1,604,233 -34.2%
SSB (filed as SSBXXXX) Sept. 30, 2025 9,855 $906,942 2.2%
MRK June 30, 2025 8,502 $763,136 78.0%
EXE Dec. 31, 2025 5,833 $619,698 -23.3%
BIL June 30, 2026 6,733 $617,012
XRLV March 31, 2026 10,043 $542,491
GBTC Sept. 30, 2025 5,382 $456,555 -27.5%
HYT Dec. 31, 2025 40,000 $380,000 -12.6%
VTWO June 30, 2025 4,377 $353,032
VGSH June 30, 2026 5,987 $350,494
SCHD March 31, 2026 12,542 $344,034 8.2%
CTRA June 30, 2026 9,474 $332,916 No longer tracked
WES June 30, 2025 7,858 $321,864 16.3%
SCHG June 30, 2025 12,720 $318,502 24.1%
EWTX June 30, 2026 10,000 $315,000 0.5%
AEP June 30, 2025 2,802 $306,183 15.0%
FISV June 30, 2025 1,365 $301,445 -73.8%
NNDM June 30, 2026 176,407 $299,892 11.4%
SMCI Dec. 31, 2025 6,119 $293,345 47.7%
QUAL June 30, 2025 1,710 $292,181
CMCSA June 30, 2025 7,636 $281,769 -39.8%
GIS June 30, 2025 4,638 $277,288 -39.0%
DKNG Dec. 31, 2025 7,400 $276,760 -44.6%
IJR Dec. 31, 2025 2,306 $274,072 15.1%
PFE June 30, 2025 10,702 $271,188 13.2%
MPLX June 30, 2025 4,952 $265,031 10.1%
SFM Sept. 30, 2025 1,606 $264,412 -41.6%
SPGI June 30, 2025 504 $256,027 -26.7%
NET March 31, 2026 1,292 $254,718 72.7%
MU June 30, 2025 2,901 $252,031 759.0%
XLF June 30, 2025 5,007 $249,399 2.1%
MTDR March 31, 2026 5,794 $245,897 -16.8%
CEG March 31, 2026 687 $242,689 -5.5%
DUK June 30, 2025 1,981 $241,623 -3.6%
BND June 30, 2025 3,252 $238,855
JKHY Sept. 30, 2025 1,322 $238,185 -4.2%
FSK Sept. 30, 2025 11,325 $235,003 -26.2%
PRU Dec. 31, 2025 2,237 $232,036 0.1%
ITCI June 30, 2025 1,748 $230,596 No longer tracked
SDS June 30, 2026 3,054 $229,814 -6.0%
WST Sept. 30, 2025 1,037 $226,896 40.0%
BFAM March 31, 2026 2,226 $225,716 -21.7%
SYK Dec. 31, 2025 608 $224,575 -20.2%
FANG Dec. 31, 2025 1,522 $217,863 22.3%
FIXT Dec. 31, 2025 5,599 $216,503 -6.3%
PYPL Dec. 31, 2025 3,203 $214,766 -8.2%
SHOP June 30, 2026 1,806 $214,228 38.3%
CORZ Dec. 31, 2025 11,907 $213,612 9.9%
UPS Dec. 31, 2025 2,522 $210,629 -6.8%
PFE June 30, 2026 7,483 $210,114 14.0%
KEYS June 30, 2026 738 $208,389 10.2%
TM June 30, 2026 1,000 $206,090 9.2%
NOW Dec. 31, 2025 224 $205,834 -10.2%
LEN Dec. 31, 2025 1,627 $205,125 -25.2%
BSX Dec. 31, 2025 2,095 $204,583 -55.1%
FTNT Dec. 31, 2025 2,432 $204,483 129.6%
SBR June 30, 2026 2,700 $203,180 -2.9%
COIN Dec. 31, 2025 600 $202,622 -16.4%
VST Dec. 31, 2025 1,034 $202,509 -10.5%
URI March 31, 2026 248 $200,995 47.3%
ROAD March 31, 2026 1,850 $200,818 -21.1%
SLV March 31, 2026 3,105 $200,024 -19.7%
HBAN June 30, 2025 11,062 $166,033 -8.8%
SLDB Dec. 31, 2025 25,031 $154,441 22.5%
MVF March 31, 2026 20,753 $143,818 No longer tracked
MUE March 31, 2026 14,312 $143,549 No longer tracked
MYD March 31, 2026 13,213 $138,604 No longer tracked
ABR June 30, 2025 11,009 $129,356 -67.5%
EOSE Dec. 31, 2025 10,084 $114,857 -72.9%
FTMS June 30, 2026 10,584 $104,833
RIG June 30, 2025 30,000 $95,100 103.9%
CIFR June 30, 2025 38,000 $87,400 215.8%
TLRY Dec. 31, 2025 33,854 $58,567 -60.0%
BFLY March 31, 2026 10,286 $39,087 117.9%
AMRN (filed as AMRNXXXX) June 30, 2025 50,000 $22,405 -23.9%
GRWG June 30, 2025 10,349 $11,177 67.9%