Sector breakdown

04
Technology 10.4%
Financials 8.0%
Industrials 7.1%
Healthcare 3.7%
Communication Services 3.4%
Retail 2.6%
Energy 1.0%
Materials 0.6%
Real Estate 0.6%
Consumer products 0.6%
Utilities 0.5%
Consumer Staples 0.5%
Consumer Discretionary 0.3%
Other/Unmapped 60.8%

Full portfolio 309 positions

05
Type Streak 8Q trend
SPYM State Street SPDR Portfolio S&P 500 ETF $203,240,959 9.87% 2,312,710 $29,661,547 Up ×6
XLK SELECT SECTOR SPDR TRUST $148,594,071 7.21% 779,939 $43,210,319 Down ×2
ESGD iShares ESG Aware MSCI EAFE ETF $93,287,359 4.53% 907,376 $-6,915,776 Down ×2
SUSA iShares ESG Optimized MSCI USA ETF $87,287,356 4.24% 565,699 $11,653,765 Down ×6
ISTB iShares Core 1-5 Year USD Bond ETF $66,121,018 3.21% 1,370,384 $-765,214 Down ×2
AAPL Apple Inc. - Common Stock $66,061,809 3.21% 228,303 $9,420,924 Up ×3
MMM 3M Company Common Stock $64,095,312 3.11% 395,870 $6,126,031 Down ×4
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $49,106,273 2.38% 98,136 $2,128,380 Up ×1
DYNF BlackRock ETF Trust $46,440,220 2.25% 682,844 $11,962,170 Up ×6
MSFT Microsoft Corporation - Common Stock $44,674,844 2.17% 119,765 $838,124 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $36,946,713 1.79% 104,567 $7,633,599 Up ×3
IAU iShares Gold Trust Shares $31,871,714 1.55% 422,086 $-4,910,313 Up ×2
QQQ Invesco QQQ Trust, Series 1 $31,163,712 1.51% 42,320 $7,256,916 Up ×5
GSST Goldman Sachs ETF Trust $30,777,691 1.49% 608,555 $14,589,891 Up ×1
XLF SELECT SECTOR SPDR TRUST $28,624,880 1.39% 533,947 $1,718,338 Down ×1
XLV SELECT SECTOR SPDR TRUST $28,368,740 1.38% 178,802 $1,440,371 Down ×2
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF $27,802,168 1.35% 455,027 $4,889,980 Up ×4
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF $27,672,069 1.34% 479,835 $3,887,210 Down ×6
SPY SPY $27,564,027 1.34% 36,911 $3,545,670 Down ×2
ARCC Ares Capital Corporation - Closed End Fund $24,497,264 1.19% 1,322,033 $1,503,495 Up ×5
AVGO Broadcom Inc. - Common Stock $21,856,759 1.06% 57,860 $5,047,173 Up ×2
JPM JP Morgan Chase & Co. Common Stock $21,290,366 1.03% 65,043 $2,498,429 Up ×1
SOXX iShares Trust $20,077,574 0.97% 31,334 $10,906,974 Up ×6
AMZN Amazon.com, Inc. - Common Stock $19,771,256 0.96% 82,954 $3,582,220 Up ×4
CAT Caterpillar, Inc. Common Stock $19,489,800 0.95% 18,302 $6,482,474 Down ×2
XLY XLY $19,196,077 0.93% 163,677 $-2,149,792 Down ×2
TSM Taiwan Semiconductor Manufacturing Company Ltd. $18,814,465 0.91% 39,396 $5,737,088 Up ×6
ASML ASML Holding N.V. - New York Registry Shares $18,565,528 0.90% 9,332 $6,861,626 Up ×3
EWT iShares MSCI Taiwan ETF $18,205,203 0.88% 167,620 $6,222,988 Down ×2
IBDS iShares Trust $17,729,112 0.86% 732,003 $1,224,048 Up ×6
IXUS iShares Core MSCI Total International Stock ETF $17,576,135 0.85% 184,159 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $17,295,993 0.84% 48,398 $3,667,374 Up ×1
NVDA NVIDIA Corporation - Common Stock $16,413,583 0.80% 82,031 $2,755,098 Up ×1
RTX RTX Corporation Common Stock $16,364,554 0.79% 86,253 $-240,011 Up ×1
IBDT iShares Trust $16,140,507 0.78% 639,228 $2,264,505 Up ×6
IBDR iShares Trust $16,036,432 0.78% 661,842 $2,109,922 Up ×6
HD Home Depot, Inc. (The) Common Stock $15,220,073 0.74% 43,155 $1,119,453 Up ×1
LLY Eli Lilly and Company Common Stock $13,397,633 0.65% 11,170 $3,076,894 Down ×2
VSGX Vanguard ESG International Stock ETF $12,875,379 0.63% 156,368 $1,098,533 Down ×6
XLC SELECT SECTOR SPDR TRUST $12,848,909 0.62% 119,938 $-1,589,970 Down ×1
URA Global X Uranium ETF $12,710,758 0.62% 290,864 $-1,073,729 Up ×2
IBDU iShares Trust $12,435,160 0.60% 536,924 $2,880,185 Up ×6
V Visa Inc. $11,268,838 0.55% 32,845 $1,487,717 Up ×1
BBCA J.P. Morgan Exchange-Traded Fund Trust $11,006,657 0.53% 110,732 $-1,228,210 Down ×1
USXF iShares ESG Advanced MSCI USA ETF $10,821,699 0.53% 155,820 $2,212,707 Down ×4
BRK-A (filed as BRKA) Berkshire Hathaway Inc. Class A $9,735,050 0.47% 13 $399,230
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF $9,732,632 0.47% 187,166 $1,376,024 Down ×6
UNH UnitedHealth Group Incorporated Common Stock (DE) $9,362,264 0.45% 22,525 $1,925,801 Down ×1
WEX WEX Inc. common stock $9,306,720 0.45% 65,963 $-788,258
DE Deere & Company Common Stock $9,273,992 0.45% 14,620 $1,005,252 Down ×1
JNJ Johnson & Johnson Common Stock $9,250,857 0.45% 36,425 $305,820 Down ×2
XOM Exxon Mobil Corporation Common Stock $8,870,530 0.43% 64,881 $-2,286,821 Down ×2
VBR Vanguard Morningstar Small-Cap Value ETF $8,702,201 0.42% 35,813 $854,479 Down ×6
BLK BlackRock, Inc. Common Stock $8,544,504 0.41% 8,886 $-17,661 Down ×2
CSCO Cisco Systems, Inc. - Common Stock $8,452,774 0.41% 71,963 $3,037,923 Up ×1
WMT Walmart Inc. - Common Stock $8,294,143 0.40% 73,231 $-751,328 Up ×1
INDA iShares Trust $8,057,058 0.39% 163,131 $250,077 Down ×3
FHLC FIDELITY COVINGTON TRUST $8,045,124 0.39% 104,144 $1,050,566 Up ×6
IEFA iShares Core MSCI EAFE ETF $7,401,795 0.36% 76,639 $564,879 Up ×2
NEE NextEra Energy, Inc. Common Stock $7,384,276 0.36% 84,132 $-555,090 Down ×2
STLD Steel Dynamics, Inc. - Common Stock $7,362,799 0.36% 32,088 $1,611,900 Up ×1
COST Costco Wholesale Corporation - Common Stock $7,237,750 0.35% 7,737 $-418,834 Up ×2
PLD Prologis, Inc. Common Stock $6,546,025 0.32% 48,321 $244,257 Up ×1
UBER Uber Technologies, Inc. Common Stock $6,457,526 0.31% 89,489 $-22,000 Down ×1
ESGU iShares ESG Aware MSCI USA ETF $6,326,991 0.31% 38,657 $652,938 Down ×3
NSRGY CUSIP: 641069406 $6,240,710 0.30% 60,593 $208,554 Down ×6
INTC Intel Corporation - Common Stock $6,215,629 0.30% 44,515 $4,244,474 Down ×2
APO Apollo Global Management, Inc. (New) Common Stock $6,021,982 0.29% 50,900 $656,574 Up ×5
PG Procter & Gamble Company (The) Common Stock $5,964,729 0.29% 40,676 $135,709 Up ×1
MRK Merck & Company, Inc. Common Stock (new) $5,689,209 0.28% 44,274 $331,132 Down ×2
TMO Thermo Fisher Scientific Inc Common Stock $5,580,653 0.27% 11,131 $102,049 Down ×1
MDT Medtronic plc. Ordinary Shares $5,454,242 0.26% 69,721 $208,884 Up ×2
XLI SELECT SECTOR SPDR TRUST $5,267,571 0.26% 28,438 $-1,885,747 Down ×6
IJR iShares Trust $5,238,902 0.25% 35,324 $696,490 Down ×4
IBDV iShares iBonds Dec 2030 Term Corporate ETF $4,928,762 0.24% 226,090 $2,004,105 Up ×6
WELL Welltower Inc. Common Stock $4,766,370 0.23% 21,000 $539,330 Down ×4
GEHC GE HealthCare Technologies Inc. - Common Stock $4,737,064 0.23% 74,005 $1,446,196 Up ×3
XLP XLP $4,621,433 0.22% 55,633 $-3,007,097 Down ×6
CHD Church & Dwight Company, Inc. Common Stock $4,571,283 0.22% 47,185 $207,173 Up ×1
EWY iShares MSCI South Korea ETF $4,431,907 0.22% 21,951 Up ×1
ADP Automatic Data Processing, Inc. - Common Stock $4,358,739 0.21% 19,463 $385,960 Down ×3
TXN Texas Instruments Incorporated - Common Stock $4,307,112 0.21% 14,450 $1,565,661 Up ×1
IBM International Business Machines Corporation Common Stock $4,231,367 0.21% 15,047 $586,064 Up ×1
CVX Chevron Corporation Common Stock $4,207,652 0.20% 25,384 $-2,077,349 Down ×4
AAXJ iShares MSCI All Country Asia ex Japan ETF $4,178,936 0.20% 35,020 $631,873 Down ×6
ABBV AbbVie Inc. Common Stock $4,129,412 0.20% 16,410 $582,150 Up ×1
VO Vanguard Morningstar Mid-Cap ETF $4,058,856 0.20% 50,377 $-40,334 Up ×1
MA Mastercard Incorporated Common Stock $3,964,478 0.19% 7,719 $323,955 Up ×1
PEP PepsiCo, Inc. - Common Stock $3,933,235 0.19% 29,049 $-626,701 Down ×1
IEMG iShares, Inc. $3,927,527 0.19% 47,411 $703,682 Up ×2
CRM Salesforce, Inc. Common Stock $3,823,467 0.19% 24,406 $-815,862 Down ×1
EMR Emerson Electric Company Common Stock $3,603,086 0.17% 25,170 $304,264 Down ×1
MDY State Street SPDR S&P MIDCAP 400 ETF Trust $3,555,062 0.17% 5,055 $437,623
RSP Invesco Exchange-Traded Fund Trust $3,552,833 0.17% 16,698 $542,376 Up ×5
MCD McDonald's Corporation Common Stock $3,546,197 0.17% 13,119 $-406,430 Up ×1
ABT Abbott Laboratories Common Stock $3,534,142 0.17% 38,948 $-398,222 Up ×1
FTEC FIDELITY COVINGTON TRUST $3,414,680 0.17% 11,957 $927,026
GE GE Aerospace Common Stock $3,310,127 0.16% 8,857 $795,925 Down ×2
KMI Kinder Morgan, Inc. Common Stock $3,308,032 0.16% 103,473 $-177,344 Down ×2
MFC Manulife Financial Corporation Common Stock $3,111,249 0.15% 76,802 $-273,480 Down ×2

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
SPYM $203,240,959 9.87% up ×6
AAPL $66,061,809 3.21% up ×3
DYNF $46,440,220 2.25% up ×6
GOOG $36,946,713 1.79% up ×3
QQQ $31,163,712 1.51% up ×5
SPYX $27,802,168 1.35% up ×4
ARCC $24,497,264 1.19% up ×5
SOXX $20,077,574 0.97% up ×6
AMZN $19,771,256 0.96% up ×4
TSM $18,814,465 0.91% up ×6
ASML $18,565,528 0.90% up ×3
IBDS $17,729,112 0.86% up ×6
IBDT $16,140,507 0.78% up ×6
IBDR $16,036,432 0.78% up ×6
IBDU $12,435,160 0.60% up ×6

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
IXUS $17,576,135 184,159 0.85%
EWY $4,431,907 21,951 0.22%
Unknown issuer (CUSIP: 438516205) $1,339,034 5,987 0.07%
Unknown issuer (CUSIP: 43849R105) $1,322,169 5,987 0.06%
Unknown issuer (CUSIP: G1510J102) $567,232 9,214 0.03%
CMI $541,630 759 0.03%
WSO $370,890 890 0.02%
QCOM $360,156 1,949 0.02%
PH $290,502 297 0.01%
ARTY $282,630 3,711 0.01%
WAT $271,904 725 0.01%
Unknown issuer (CUSIP: 26614N201) $270,059 1,990 0.01%
WRB $259,833 3,684 0.01%
CPRT $258,333 9,164 0.01%
MS $250,012 1,196 0.01%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
XLK Trimmed -13K +$43.2M
SPYM Bought more +45K +$29.7M
GSST Bought more +288K +$14.6M
DYNF Bought more +90K +$12.0M
SUSA Trimmed -7K +$11.7M
SOXX Bought more +3K +$10.9M
AAPL Bought more +5K +$9.4M
GOOG Bought more +2K +$7.6M
QQQ Bought more +899 +$7.3M
ESGD Trimmed -141K -$6.9M

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
IBDQ Dec. 31, 2025 289,330 $7,288,223
ADBE Sept. 30, 2025 11,389 $4,406,176 -32.3%
HON June 30, 2026 11,949 $2,700,832 -4.4%
EBTC Sept. 30, 2025 44,666 $1,770,560 No longer tracked
UPS March 31, 2026 13,517 $1,340,751 -5.3%
CRAI March 31, 2026 5,681 $1,140,148 5.8%
DOW Sept. 30, 2025 40,016 $1,059,624 24.3%
IBMN Dec. 31, 2025 31,370 $840,402
PSA Sept. 30, 2025 1,764 $517,593 -2.5%
UL (filed as ULXXXX) Dec. 31, 2025 8,255 $489,356 -8.3%
QCOM March 31, 2026 2,670 $456,704 40.4%
FTNT Dec. 31, 2025 4,535 $381,303 131.9%
CNR March 31, 2026 3,255 $288,100 -13.1%
WSM June 30, 2025 1,800 $284,580 46.1%
NKE March 31, 2026 4,389 $279,623 -35.7%
DD June 30, 2026 5,973 $273,563 -3.6%
OTIS Sept. 30, 2025 2,690 $266,364 -27.9%
SHOP March 31, 2026 1,650 $265,601 35.0%
WHR Sept. 30, 2025 2,595 $263,185 -61.8%
GIS Dec. 31, 2025 5,078 $256,033 -31.9%
NFLX June 30, 2026 2,660 $255,759 -5.5%
TYL March 31, 2026 555 $251,942 -4.1%
WDAY March 31, 2026 1,128 $242,272 45.4%
CMI June 30, 2025 770 $241,349 59.8%
DMAR Dec. 31, 2025 5,689 $231,942
NEU Dec. 31, 2025 279 $231,071 34.5%
CPRT Dec. 31, 2025 5,123 $230,381 -29.4%
STZ Sept. 30, 2025 1,379 $224,336 -15.9%
SHEL June 30, 2025 3,049 $223,431 37.1%
NOW Sept. 30, 2025 212 $217,953 -26.1%
SPYG March 31, 2026 2,034 $216,983 28.4%
VGSH March 31, 2026 3,635 $213,484
XYL March 31, 2026 1,550 $211,079 -14.3%
ZTS March 31, 2026 1,667 $209,742 -39.6%
ESML Dec. 31, 2025 4,630 $208,720
GHC Dec. 31, 2025 176 $207,207 5.2%
CCI Dec. 31, 2025 2,136 $206,103 -24.0%
CME June 30, 2025 775 $205,600 -2.0%
MS March 31, 2026 1,157 $205,402 15.6%
ESGE Sept. 30, 2025 5,219 $204,428
HPQ March 31, 2026 9,145 $203,751 63.8%
ISRG June 30, 2026 440 $202,836 2.2%
ESS March 31, 2026 775 $202,802 12.4%
IR Sept. 30, 2025 2,410 $200,464 -4.9%
ALLE Dec. 31, 2025 1,130 $200,406 -3.5%
AMPS June 30, 2025 10,134 $50,163 No longer tracked