Sector breakdown

04
Technology 11.2%
Communication Services 3.9%
Retail 3.8%
Industrials 3.5%
Health Care 1.5%
Financials 0.9%
Energy 0.4%
Materials 0.1%
Other/Unmapped 74.8%

Full portfolio 55 positions

05
Type Streak 8Q trend
VOO Vanguard S&P 500 ETF $142,114,726 47.91% 206,920 $18,469,680
VPL Vanguard FTSE Pacific ETF $23,450,363 7.91% 202,700 $3,640,492
VGK Vanguard FTSEEuropean ETF $8,977,956 3.03% 101,400 $619,554
NVDA NVIDIA Corporation - Common Stock $8,630,682 2.91% 43,134 $1,555,448 Up ×1
FXI iShares China Large-Cap ETF $8,289,216 2.79% 262,400 $-1,130,944
GOOGL Alphabet Inc. - Class A Common Stock $6,972,289 2.35% 19,510 $1,879,601 Up ×1
EWJ iShares MSCI Japan Index Fund $6,805,072 2.29% 72,961 $1,193,105 Up ×1
BBCA J.P. Morgan Exchange-Traded Fund Trust $5,765,200 1.94% 58,000 $309,720
KBWB Invesco KBW Bank ETF $5,672,338 1.91% 61,006 $1,130,375 Up ×1
AMZN Amazon.com, Inc. - Common Stock $5,607,664 1.89% 23,528 $1,215,666 Up ×1
MSFT Microsoft Corporation - Common Stock $5,578,514 1.88% 14,955 $338,758 Up ×1
AAPL Apple Inc. - Common Stock $5,544,138 1.87% 19,160 $488,641 Down ×3
XLV SELECT SECTOR SPDR TRUST $4,536,883 1.53% 28,595 $740,417 Up ×2
XLU XLU $4,025,603 1.36% 88,787 $364,178 Up ×2
META Meta Platforms, Inc. - Class A Common Stock $3,638,290 1.23% 6,459 $286,180 Up ×2
XLF SELECT SECTOR SPDR TRUST $3,613,314 1.22% 67,400 $1,154,688 Up ×1
AVGO Broadcom Inc. - Common Stock $3,339,688 1.13% 8,841 $479,506 Down ×4
MU Micron Technology, Inc. - Common Stock $3,041,554 1.03% 2,635 $2,354,050 Up ×1
CAT Caterpillar, Inc. Common Stock $2,737,858 0.92% 2,571 $1,517,181 Up ×1
XLB XLB $2,481,775 0.84% 48,825 $286,843 Up ×2
LLY Eli Lilly and Company Common Stock $2,407,256 0.81% 2,007 $259,593 Down ×3
INTC Intel Corporation - Common Stock $2,210,343 0.75% 15,830 $1,848,477 Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock $2,146,462 0.72% 3,695 $1,715,190 Up ×1
COST Costco Wholesale Corporation - Common Stock $1,990,680 0.67% 2,128 $89,492 Up ×1
WMT Walmart Inc. - Common Stock $1,983,636 0.67% 17,514 $30,700 Up ×1
APH Amphenol Corporation Common Stock $1,953,626 0.66% 11,080 $990,839 Up ×1
ETN Eaton Corporation, PLC Ordinary Shares $1,887,712 0.64% 4,430 $558,968 Up ×1
XLE SELECT SECTOR SPDR TRUST $1,801,491 0.61% 33,920 $-1,685,428 Down ×1
COPX Global X Funds $1,577,885 0.53% 20,500 $165,410 Up ×1
MCK McKesson Corporation Common Stock $1,375,948 0.46% 1,821 $-35,454 Up ×1
TER Teradyne, Inc. - Common Stock $1,107,994 0.37% 2,290 $73,349 Down ×2
ROST Ross Stores, Inc. - Common Stock $1,079,150 0.36% 5,070 $-19,164
EQT EQT Corporation Common Stock $1,040,962 0.35% 19,578 $-77,702 Up ×1
CME CME Group Inc. - Class A Common Stock $1,031,939 0.35% 4,673 $-206,464 Up ×1
KRE SPDR SERIES TRUST $951,942 0.32% 12,718 $123,364
BA Boeing Company (The) Common Stock $862,633 0.29% 3,985 $225,737 Up ×1
MA Mastercard Incorporated Common Stock $854,117 0.29% 1,663 $108,125 Up ×1
IBKR Interactive Brokers Group, Inc. - Class A Common Stock $732,616 0.25% 8,417 $226,439 Up ×1
WM Waste Management, Inc. Common Stock $702,964 0.24% 3,154 $47,143 Up ×1
ODFL Old Dominion Freight Line, Inc. - Common Stock $678,608 0.23% 3,133 $86,937 Up ×1
XLI SELECT SECTOR SPDR TRUST $660,345 0.22% 3,565 Up ×1
ISRG Intuitive Surgical, Inc. - Common Stock $629,130 0.21% 1,582 $-26,398 Up ×1
IGV iShares Expanded Tech-Software Sector ETF $625,140 0.21% 6,900 Up ×1
CP Canadian Pacific Kansas City Limited Common Shares $607,936 0.20% 7,016 $111,119 Up ×1
NVT nVent Electric plc Ordinary Shares $576,674 0.19% 3,400 Up ×1
NOK Nokia Corporation Sponsored American Depositary Shares $556,432 0.19% 41,900 $57,148 Down ×1
TJX TJX Companies, Inc. (The) Common Stock $538,128 0.18% 3,552 $23,575 Up ×1
XHB SPDR SERIES TRUST $507,540 0.17% 4,392 $73,962
SNDK Sandisk Corporation - Common Stock $488,852 0.16% 215 Up ×1
DELL Dell Technologies Inc. Class C Common Stock $474,606 0.16% 1,100 Up ×1
HPE Hewlett Packard Enterprise Company Common Stock $433,056 0.15% 9,600 Up ×1
NOW ServiceNow, Inc. Common Stock $367,336 0.12% 3,700 Up ×1
LITE Lumentum Holdings Inc. - Common Stock $347,514 0.12% 405 Up ×1
JBL Jabil Inc. Common Stock $339,222 0.11% 880 Up ×1
SOLS Solstice Advanced Materials Inc. - Common Stock $265,800 0.09% 3,000 $60,168 Up ×1

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
XLI $660,345 3,565 0.22%
IGV $625,140 6,900 0.21%
NVT $576,674 3,400 0.19%
SNDK $488,852 215 0.16%
DELL $474,606 1,100 0.16%
HPE $433,056 9,600 0.15%
NOW $367,336 3,700 0.12%
LITE $347,514 405 0.12%
JBL $339,222 880 0.11%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VOO Price move only +0 +$18.5M
VPL Price move only +0 +$3.6M
MU Bought more +600 +$2.4M
GOOGL Bought more +2K +$1.9M
AMD Bought more +2K +$1.7M
XLE Trimmed -23K -$1.7M
NVDA Bought more +3K +$1.6M
CAT Bought more +848 +$1.5M
AMZN Bought more +2K +$1.2M
EWJ Bought more +6K +$1.2M

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
VXUS Dec. 31, 2025 439,000 $32,248,940
IAGG Dec. 31, 2025 470,000 $24,078,100
LQD Dec. 31, 2025 194,200 $21,647,474
VCSH Dec. 31, 2025 175,000 $13,987,750
URTH June 30, 2026 68,200 $12,277,364
GOVT Dec. 31, 2025 491,200 $11,356,544
URTH Dec. 31, 2025 36,530 $6,632,387
VCLT Dec. 31, 2025 80,000 $6,212,000
HD Dec. 31, 2025 13,544 $5,487,893 -16.7%
BRO Dec. 31, 2025 48,323 $4,532,214 -23.5%
TSM June 30, 2025 23,469 $3,895,854 112.9%
FISV Dec. 31, 2025 29,931 $3,859,004 -32.3%
TXN Dec. 31, 2025 18,688 $3,433,546 71.3%
VLTO June 30, 2025 29,772 $2,901,281 -4.5%
CRM Dec. 31, 2025 12,007 $2,845,659 -13.9%
RACE Dec. 31, 2025 5,320 $2,581,370 4.6%
FICO Sept. 30, 2025 1,152 $2,105,810 -53.5%
ROK March 31, 2026 4,609 $1,793,224 25.6%
BIDU Dec. 31, 2025 12,500 $1,647,125 -33.4%
IQV March 31, 2026 7,220 $1,627,460 52.4%
IBM March 31, 2026 4,568 $1,353,087 -8.7%
CACI March 31, 2026 2,532 $1,349,075 10.3%
INTU March 31, 2026 2,007 $1,329,477 -33.0%
HQY March 31, 2026 13,478 $1,234,720 9.0%
JCI March 31, 2026 9,493 $1,136,787 21.2%
MGA June 30, 2026 20,000 $1,116,200 0.0%
TRMB March 31, 2026 8,634 $676,474 -6.6%