Sector breakdown

04
Healthcare 14.7%
Technology 4.0%
Financials 1.5%
Utilities 1.0%
Communication Services 0.9%
Retail 0.5%
Consumer products 0.4%
Consumer Discretionary 0.0%
Other/Unmapped 77.0%

Full portfolio 81 positions

05
Type Streak 8Q trend
ABBV AbbVie Inc. Common Stock $14,159,531 9.13% 56,269 $1,878,523 Down ×5
TFLO iShares Treasury Floating Rate Bond ETF $13,182,117 8.50% 260,362 $957,226 Up ×2
GLD SPDR Gold Shares $12,475,189 8.04% 33,865 $-3,168,434 Down ×1
IVV iShares Trust $11,023,323 7.11% 14,720 $1,185,426 Down ×1
STIP iShares 0-5 Year TIPS Bond ETF $9,059,507 5.84% 88,680 $826,934 Up ×6
ABT Abbott Laboratories Common Stock $6,096,548 3.93% 67,187 $-782,547 Up ×1
SLV iShares Silver Trust $6,054,889 3.90% 113,239 $-2,240,475 Down ×1
SHY iShares 1-3 Year Treasury Bond ETF $5,889,648 3.80% 71,729 $-626,596 Down ×1
CLOI VanEck ETF Trust $4,124,916 2.66% 77,902 $107,538 Up ×1
FDRR FIDELITY COVINGTON TRUST $3,355,574 2.16% 51,720 $206,844 Down ×6
BKDV BNY Mellon ETF Trust II $3,140,959 2.02% 93,788 $858,860 Up ×2
USMV iShares MSCI USA Min Vol Factor ETF $3,139,637 2.02% 32,549 $-73,889 Down ×3
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF $3,129,384 2.02% 62,128 $278,752 Up ×1
SPY SPY $3,026,659 1.95% 4,053 $1,203,756 Up ×1
VIG Vanguard Div Appreciation ETF $3,005,695 1.94% 12,703 $183,138 Down ×4
PANW Palo Alto Networks, Inc. - Common Stock $2,918,449 1.88% 8,558 $1,568,394 Up ×5
SDY SPDR SERIES TRUST $2,831,461 1.83% 18,606 $91,875 Down ×2
FBND Fidelity Merrimack Street Trust $2,509,683 1.62% 55,170 $-7,172
NIC Nicolet Bankshares Inc. Common Stock $2,390,961 1.54% 14,457 $323,434 Up ×1
OAKM Harris Oakmark ETF Trust $2,182,212 1.41% 77,466 $-558,057 Down ×1
FELG Fidelity Covington Trust $1,701,481 1.10% 38,891 $285,259 Up ×1
LNT Alliant Energy Corporation - Common Stock $1,539,761 0.99% 20,183 $91,429
AGG iShares Trust $1,538,149 0.99% 15,540 $-11,504,936 Down ×1
ITOT iShares Trust $1,522,783 0.98% 9,270 $145,200 Down ×1
TCAF T. Rowe Price Capital Appreciation Equity ETF $1,479,354 0.95% 35,994 $89,671 Down ×2
ZALT Innovator U.S. Equity 10 Buffer ETF - Quarterly $1,474,869 0.95% 43,545 $61,398
JAVA JPMorgan Active Value ETF $1,443,386 0.93% 18,176 $165,654 Up ×1
VXX iPath Series B S&P 500 VIX Short-Term Futures ETN $1,407,133 0.91% 63,700 $-1,028,500 Down ×1
DOG ProShares Trust $1,362,060 0.88% 63,000 $-176,400
GBIL Goldman Sachs ETF Trust $1,241,483 0.80% 12,395 $-372
NVDA NVIDIA Corporation - Common Stock $1,195,558 0.77% 5,975 $134,840 Down ×1
FBCG Fidelity Blue Chip Growth ETF $1,156,380 0.75% 18,618 $238,168 Up ×2
CPSM Calamos ETF Trust $1,141,062 0.74% 39,000 $15,697
FRDM Freedom 100 Emerging Markets ETF $1,085,774 0.70% 14,894 $732,462 Up ×1
IWY iShares Russell Top 200 Growth ETF $1,064,994 0.69% 3,665 $20,001 Down ×6
POCT Innovator U.S. Equity Power Buffer ETF - October $996,980 0.64% 21,482 $-96,807 Down ×1
EMXC iShares MSCI Emerging Markets ex China ETF $981,364 0.63% 9,593 $431,137 Up ×1
FCOR Fidelity Merrimack Street Trust $800,031 0.52% 16,968 $59,045 Up ×2
AMZN Amazon.com, Inc. - Common Stock $774,367 0.50% 3,249 $101,238 Up ×3
QBUF Innovator Nasdaq-100 10 Buffer ETF Quarterly $736,633 0.47% 23,943 $20,521 Down ×1
GOOG Alphabet Inc. - Class C Capital Stock $716,907 0.46% 2,029 $152,653 Up ×1
TEM Tempus AI, Inc. - Class A Common Stock $709,643 0.46% 12,250 $76,563 Down ×1
SH ProShares Short S&P500 $704,548 0.45% 21,337 $-104,764
CNEQ Alger ETF Trust $696,184 0.45% 16,869 Up ×1
RBUF Innovator U.S. Small Cap 10 Buffer ETF - Quarterly $647,148 0.42% 20,822 $37,272
XHLF BondBloxx ETF Trust $630,301 0.41% 12,531 $355 Up ×3
AAPL Apple Inc. - Common Stock $605,579 0.39% 2,093 $90,702 Up ×4
IOVA Iovance Biotherapeutics, Inc. - Common Stock $561,600 0.36% 135,000 $140,400 Up ×2
SGOV iShares Trust $560,919 0.36% 5,572 $1,070 Up ×2
VLUE iShares MSCI USA Value Factor ETF $536,490 0.35% 2,685 $154,710
PAUG Innovator U.S. Equity Power Buffer ETF - August $512,674 0.33% 11,233 $27,887 Down ×2
MSFT Microsoft Corporation - Common Stock $485,150 0.31% 1,301 $40,724 Up ×3
Unknown issuer (CUSIP: 84615Q103) $478,408 0.31% 2,800 Up ×1
BALT Innovator Defined Wealth Shield ETF $462,645 0.30% 13,500 $10,867
AUGP PGIM Rock ETF Trust $446,441 0.29% 13,500 $33,881
RBRK Rubrik, Inc. Class A Common Stock $441,540 0.28% 5,500 $147,720 Down ×1
VSDM Vanguard Short Duration Tax-Exempt Bond ETF $411,298 0.27% 5,367 $4,980 Up ×2
CGSM Capital Group Fixed Income ETF Trust $403,441 0.26% 15,291 $103,735 Up ×1
TMDX TransMedics Group, Inc. - Common Stock $398,520 0.26% 6,000 $100,290 Up ×1
SNAP Snap Inc. Class A Common Stock $389,388 0.25% 87,700 $36,568 Up ×1
IBUF Innovator International Developed 10 Buffer ETF - Quarterly $381,538 0.25% 12,120 $23,756
PMAR Innovator U.S. Equity Power Buffer ETF - March $381,299 0.25% 7,982 $97,070 Up ×1
KMB Kimberly-Clark Corporation - Common Stock $380,902 0.25% 3,470 $-10,959 Down ×1
XONE BondBloxx ETF Trust $380,706 0.25% 7,711 $-718,853 Down ×1
VTI Vanguard Morningstar Total Stock Market ETF $371,890 0.24% 1,005 $49,476
TALK Talkspace, Inc. - Common Stock $364,000 0.23% 70,000 $-306,680 Down ×2
LENS EA Series Trust $349,094 0.23% 9,000 Up ×1
ASML ASML Holding N.V. - New York Registry Shares $348,152 0.22% 175 $117,007
AQST Aquestive Therapeutics, Inc. - Common Stock $345,530 0.22% 83,060 $104,581 Up ×3
FLTR VanEck ETF Trust $321,923 0.21% 12,570 $2,187 Up ×3
QQQ Invesco QQQ Trust, Series 1 $294,560 0.19% 400 $-542,351 Down ×1
SHV iShares 0-1 Year Treasury Bond ETF $269,585 0.17% 2,443 $-98
GOOGL Alphabet Inc. - Class A Common Stock $249,087 0.16% 697
IWF iShares Russell 1000 Growth Fund $247,843 0.16% 1,996 $-178,131 Up ×1
ALAB Astera Labs, Inc. - Common Stock $241,510 0.16% 500 Up ×1
PG Procter & Gamble Company (The) Common Stock $229,580 0.15% 1,566 $4,167 Up ×2
FTEC FIDELITY COVINGTON TRUST $214,185 0.14% 750 $11,960 Down ×1
SPMO Invesco S&P 500 Momentum ETF $205,156 0.13% 1,270 $-12,786 Down ×4
SPYM State Street SPDR Portfolio S&P 500 ETF $201,245 0.13% 2,290 Up ×1
ADMA ADMA Biologics Inc - Common Stock $129,735 0.08% 15,500 Up ×1
UA Under Armour, Inc. Class C Common Stock $65,310 0.04% 10,500 $4,515

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
STIP $9,059,507 5.84% up ×6
PANW $2,918,449 1.88% up ×5
AMZN $774,367 0.50% up ×3
XHLF $630,301 0.41% up ×3
AAPL $605,579 0.39% up ×4
MSFT $485,150 0.31% up ×3
AQST $345,530 0.22% up ×3
FLTR $321,923 0.21% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
CNEQ $696,184 16,869 0.45%
Unknown issuer (CUSIP: 84615Q103) $478,408 2,800 0.31%
LENS $349,094 9,000 0.23%
GOOGL $249,087 697 0.16%
ALAB $241,510 500 0.16%
SPYM $201,245 2,290 0.13%
ADMA $129,735 15,500 0.08%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
GLD Trimmed -2K -$3.2M
SLV Trimmed -9K -$2.2M
ABBV Trimmed -198 +$1.9M
PANW Bought more +137 +$1.6M
SPY Bought more +1K +$1.2M
IVV Trimmed -341 +$1.2M
VXX Trimmed -5K -$1.0M
TFLO Bought more +19K +$957K
BKDV Bought more +17K +$859K
STIP Bought more +9K +$827K

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
SH Dec. 31, 2025 36,337 $1,343,016 -11.4%
TLT June 30, 2025 11,000 $1,001,330
DOG June 30, 2025 37,000 $999,370
FBCG June 30, 2025 20,948 $837,292
QDPL June 30, 2026 20,552 $824,942
FLDR March 31, 2026 15,608 $784,002
MRNA March 31, 2026 25,010 $737,545 300.0%
DOCU Dec. 31, 2025 9,667 $696,894 2.4%
FWRD Dec. 31, 2025 25,900 $664,076 -39.7%
PSQ Dec. 31, 2025 17,000 $527,680 -19.5%
FWRD (filed as FWRDXXXX) June 30, 2025 25,900 $520,331 -38.6%
PINS March 31, 2026 20,050 $519,095 9.4%
URA June 30, 2026 10,300 $498,829 -8.0%
RBRK Dec. 31, 2025 6,000 $493,500 60.4%
APP June 30, 2025 1,688 $447,269 -19.5%
HALO June 30, 2026 6,800 $439,484 38.4%
UBER March 31, 2026 5,031 $411,083 -3.4%
SOXQ March 31, 2026 7,070 $394,294
MOAT Dec. 31, 2025 3,838 $380,367
OILK Dec. 31, 2025 9,000 $360,900 53.1%
APP June 30, 2026 903 $359,394 -45.3%
EOCT June 30, 2026 10,935 $349,370
JXX March 31, 2026 11,774 $329,672
IHAK Sept. 30, 2025 6,043 $321,548
LSGR June 30, 2026 7,979 $314,293
RSP June 30, 2025 1,814 $314,239 16.2%
IOCT June 30, 2026 8,150 $285,658
ZETA June 30, 2025 21,000 $284,760 112.3%
PSFF March 31, 2026 8,394 $271,384
MDLN June 30, 2026 6,000 $267,000 -9.2%
SKYT Sept. 30, 2025 25,730 $253,183 No longer tracked
RXST March 31, 2026 23,850 $248,517 -22.7%
FBTC March 31, 2026 3,042 $231,902
SNAP Sept. 30, 2025 26,644 $231,536 -27.2%
LNG June 30, 2026 805 $228,427 15.0%
KTOS March 31, 2026 3,000 $227,730 -40.4%
CRWD Sept. 30, 2025 438 $223,078 -44.4%
IJR June 30, 2025 2,114 $221,061 26.5%
BSEP March 31, 2026 4,248 $209,214
GOOGL March 31, 2026 648 $202,824 20.5%
WEC Dec. 31, 2025 1,770 $202,824 -3.9%
GDRX Sept. 30, 2025 38,000 $189,240 -20.6%
LILA June 30, 2025 28,650 $181,355 44.4%
ABX Sept. 30, 2025 27,000 $138,780 43.8%
GAMB March 31, 2026 24,000 $131,040 No longer tracked
PANG June 30, 2026 15,000 $116,339
FIGS June 30, 2025 21,800 $100,062 141.7%
EXFY Dec. 31, 2025 51,000 $94,350 55.6%
GDRX March 31, 2026 30,800 $83,468 71.4%
CNVS Dec. 31, 2025 12,500 $42,000 -8.1%
TSE Sept. 30, 2025 13,000 $40,560 No longer tracked
DHAI Sept. 30, 2025 42,900 $10,506 No longer tracked
WOLF Sept. 30, 2025 12,790 $5,101 17.2%