Sector breakdown

04
Technology 13.0%
Retail 3.8%
Industrials 3.6%
Healthcare 2.9%
Financials 2.6%
Consumer Staples 1.3%
Energy 0.8%
Consumer products 0.5%
Utilities 0.4%
Materials 0.3%
Consumer Discretionary 0.3%
Communication Services 0.3%
Real Estate 0.1%
Other/Unmapped 70.2%

Full portfolio 384 positions

05
Type Streak 8Q trend
AAPL Apple Inc. - Common Stock $90,428,661 5.70% 312,512 $2,407,361 Down ×6
IWY iShares Trust $85,475,938 5.39% 294,116 $17,684,098 Up ×1
Unknown issuer (CUSIP: 46432f842) $51,736,219 3.26% 535,683 $5,712,091 Up ×1
MSFT Microsoft Corporation - Common Stock $50,349,560 3.17% 134,978 $-5,061,540 Down ×4
IWX iShares Trust $50,265,883 3.17% 477,994 $7,642,492 Up ×1
Unknown issuer (CUSIP: 67066g104) $46,193,869 2.91% 230,866 $2,941,265 Down ×2
IWS iShares Trust $45,499,083 2.87% 276,422 $7,431,527 Up ×1
Unknown issuer (CUSIP: 11135f101) $41,484,722 2.62% 109,821 $-1,653,084 Down ×6
IVV iShares Trust $36,028,097 2.27% 48,109 $470,726 Down ×1
Unknown issuer (CUSIP: 02079k305) $34,649,457 2.18% 96,957 $3,680,489 Down ×6
AMZN Amazon.com, Inc. - Common Stock $33,700,468 2.12% 141,397 $-10,290,138 Down ×1
AGG iShares Trust $31,971,940 2.02% 323,014 $-271,637 Down ×4
Unknown issuer (CUSIP: 46625h100) $27,162,654 1.71% 82,982 $-667,902 Down ×6
VCRB Vanguard Core Bond ETF $25,791,769 1.63% 333,949 $781,729 Up ×3
IWP iShares Trust $24,776,131 1.56% 169,224 $2,055,739 Down ×3
Unknown issuer (CUSIP: 78462f103) $24,288,475 1.53% 32,525 $2,612,552 Down ×6
Unknown issuer (CUSIP: 02079k107) $24,256,190 1.53% 68,650 $980,102 Down ×1
Unknown issuer (CUSIP: 46434g103) $19,950,661 1.26% 240,834 $4,153,321 Up ×1
VOO VANGUARD INDEX FUNDS $19,466,910 1.23% 28,344 $1,338,141 Down ×4
Unknown issuer (CUSIP: 30303m102) $16,741,132 1.06% 29,720 $-867,349 Down ×6
Unknown issuer (CUSIP: 92826c839) $16,535,594 1.04% 48,196 $791,947 Down ×6
Unknown issuer (CUSIP: 92206c664) $16,065,073 1.01% 132,310 $1,359,669 Down ×2
Unknown issuer (CUSIP: 17275r102) $15,203,077 0.96% 129,432 $3,128,182 Down ×6
ACWI iShares MSCI ACWI ETF $14,584,868 0.92% 92,915 $14,360,305 Up ×1
Unknown issuer (CUSIP: 00287y109) $13,949,059 0.88% 55,432 $1,271,686 Down ×6
Unknown issuer (CUSIP: 25434v773) $13,429,246 0.85% 383,364 $1,246,230 Up ×4
AMAT Applied Materials, Inc. - Common Stock $12,117,118 0.76% 16,760 $3,957,626 Down ×1
LLY Eli Lilly and Company Common Stock $11,878,694 0.75% 9,903 $1,968,645 Down ×1
VTI VANGUARD INDEX FUNDS $11,614,302 0.73% 31,387 $1,463,338 Down ×2
Unknown issuer (CUSIP: g29183103) $11,212,992 0.71% 26,315 $1,496,389 Down ×6
HD Home Depot, Inc. (The) Common Stock $11,005,958 0.69% 31,207 $-640,830 Down ×4
GVI iShares Trust $10,825,895 0.68% 102,040 $3,227,361 Up ×1
Unknown issuer (CUSIP: 30231g102) $10,768,986 0.68% 78,767 $-2,533,607 Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $10,358,126 0.65% 20,700 $449,178 Up ×1
Unknown issuer (CUSIP: 46432f339) $10,353,406 0.65% 47,183 $1,197,222 Down ×1
LRCX Lam Research Corporation - Common Stock $10,267,824 0.65% 23,695 $3,910,631 Down ×1
Unknown issuer (CUSIP: 88160r101) $10,197,831 0.64% 24,246 $457,269 Down ×1
ADI Analog Devices, Inc. - Common Stock $9,156,927 0.58% 23,055 $1,183,353 Down ×6
UNP Union Pacific Corporation Common Stock $8,722,149 0.55% 32,067 $533,639 Down ×2
Unknown issuer (CUSIP: 22160k105) $8,172,318 0.52% 8,736 $-706,339 Down ×6
CVX Chevron Corporation Common Stock $8,135,464 0.51% 49,079 $-1,873,421 Up ×1
Unknown issuer (CUSIP: 64110l106) $7,953,555 0.50% 111,394 $-3,212,184 Down ×2
WMT Walmart Inc. - Common Stock $7,929,528 0.50% 70,012 $-1,159,171 Down ×4
PG Procter & Gamble Company (The) Common Stock $7,900,168 0.50% 53,875 $-242,118 Down ×4
Unknown issuer (CUSIP: 49456b101) $7,513,321 0.47% 235,012 $51,428 Up ×2
IBM International Business Machines Corporation Common Stock $7,438,997 0.47% 26,454 $647,797 Down ×4
IJR iShares Trust $7,385,364 0.47% 49,797 $1,006,240 Down ×4
MUB iShares Trust $7,030,516 0.44% 65,327 $-79,181 Down ×2
Unknown issuer (CUSIP: 68389x105) $7,019,844 0.44% 47,901 $-600,883 Down ×2
JNJ Johnson & Johnson Common Stock $6,977,037 0.44% 27,472 $-20,894 Down ×4
EFA iShares Trust $6,947,175 0.44% 66,877 $398,129 Down ×2
MU Micron Technology, Inc. - Common Stock $6,744,044 0.43% 5,842 $5,669,855 Up ×1
SCHF SCHWAB STRATEGIC TRUST $6,391,415 0.40% 230,737 $-45,243 Down ×2
Unknown issuer (CUSIP: 46434v456) $6,156,873 0.39% 124,256 $277,044 Down ×6
PEP PepsiCo, Inc. - Common Stock $6,057,082 0.38% 44,735 $-1,062,462 Down ×3
Unknown issuer (CUSIP: 65339f101) $6,053,518 0.38% 68,971 $-539,101 Down ×6
KO Coca-Cola Company (The) Common Stock $5,899,527 0.37% 72,592 $180,502 Down ×1
IWM iShares Trust $5,784,284 0.36% 19,252 $-553,902 Down ×4
Unknown issuer (CUSIP: 58933y105) $5,752,393 0.36% 44,766 $13,631 Down ×3
Unknown issuer (CUSIP: 46432f388) $5,668,557 0.36% 28,370 $1,328,453 Down ×1
Unknown issuer (CUSIP: 02209s103) $5,565,217 0.35% 77,348 $98,427 Down ×1
Unknown issuer (CUSIP: 46436e718) $5,500,643 0.35% 54,640 $200,012 Up ×1
Unknown issuer (CUSIP: 7591ep100) $5,445,815 0.34% 180,325 $903,224 Up ×6
Unknown issuer (CUSIP: 26441c204) $5,421,548 0.34% 42,831 $-575,051 Down ×1
Unknown issuer (CUSIP: 46120e602) $5,141,415 0.32% 12,929 $-1,182,572 Down ×1
Unknown issuer (CUSIP: 09857l108) $4,881,271 0.31% 27,386 $-108,333 Up ×6
Unknown issuer (CUSIP: g0250x149) $4,835,765 0.30% 111,552 $2,489,677 Up ×1
SCZ iShares MSCI EAFE Small-Cap ETF $4,721,286 0.30% 57,388 $-12,069 Down ×4
AMD Advanced Micro Devices, Inc. - Common Stock $4,689,686 0.30% 8,073 $3,001,018 Down ×6
LHX L3Harris Technologies, Inc. Common Stock $4,611,549 0.29% 15,869 $-2,009,202 Down ×4
Unknown issuer (CUSIP: 38141g104) $4,577,737 0.29% 4,526 $696,459 Down ×6
Unknown issuer (CUSIP: 74144t108) $4,563,789 0.29% 40,142 $230,442 Down ×1
VWO VANGUARD INTERNATIONAL EQUITY INDEX FUNDS $4,556,204 0.29% 76,331 $447,371 Up ×1
Unknown issuer (CUSIP: 20825c104) $4,412,147 0.28% 42,441 $-759,142 Up ×4
APH Amphenol Corporation Common Stock $4,398,971 0.28% 24,949 $812,258 Down ×1
IWF iShares Trust $4,226,746 0.27% 34,040 $-985,535 Up ×1
KHC The Kraft Heinz Company - Common Stock $4,169,041 0.26% 176,505 $-218,230 Down ×1
VEA VANGUARD TAX-MANAGED FUNDS $4,048,710 0.26% 56,824 $-294,248 Down ×4
ABT Abbott Laboratories Common Stock $4,034,504 0.25% 44,462 $-1,301,882 Down ×6
ACWX iShares MSCI ACWI ex U.S. ETF $3,953,602 0.25% 51,946 $335,686 Down ×4
Unknown issuer (CUSIP: 30034w106) $3,884,007 0.24% 44,939 $-357,370 Down ×1
ITW Illinois Tool Works Inc. Common Stock $3,798,859 0.24% 14,045 $3,336,740 Up ×1
FE FirstEnergy Corp. Common Stock $3,694,768 0.23% 77,720 $-686,777 Down ×1
Unknown issuer (CUSIP: 69608a108) $3,657,021 0.23% 31,345 $-1,012,530 Down ×1
Unknown issuer (CUSIP: 91913y100) $3,635,366 0.23% 13,958 $-207,358 Down ×6
BEN Franklin Resources, Inc. Common Stock $3,592,720 0.23% 107,987 $596,582 Down ×1
SNA Snap-On Incorporated Common Stock $3,580,040 0.23% 8,897 $186,025 Down ×1
Unknown issuer (CUSIP: 45168d104) $3,560,841 0.22% 6,764 $-560,621 Down ×1
VIG VANGUARD SPECIALIZED FUNDS $3,534,866 0.22% 14,939 $312,407 Down ×4
GILD Gilead Sciences, Inc. - Common Stock $3,482,264 0.22% 27,562 $-329,080 Up ×1
Unknown issuer (CUSIP: 94106l109) $3,455,683 0.22% 15,504 $-747,475 Down ×3
PANW Palo Alto Networks, Inc. - Common Stock $3,417,022 0.22% 10,020 $1,818,791 Up ×1
ALL Allstate Corporation (The) Common Stock $3,410,231 0.21% 14,332 $343,760 Down ×1
BMY Bristol-Myers Squibb Company Common Stock $3,337,209 0.21% 57,918 $-276,189 Down ×3
Unknown issuer (CUSIP: 29364g103) $3,287,028 0.21% 28,617 $-42,968 Down ×6
EEM iShares, Inc. $3,244,344 0.20% 47,425 $434,828 Down ×4
UAL United Airlines Holdings, Inc. - Common Stock $3,240,505 0.20% 23,829 $709,409 Down ×1
Unknown issuer (CUSIP: 46090e103) $3,222,455 0.20% 4,376 $-1,201,605 Down ×1
Unknown issuer (CUSIP: 78463v107) $3,210,248 0.20% 8,715 $-720,236 Down ×1
Unknown issuer (CUSIP: 45866f104) $3,172,893 0.20% 25,772 $-1,389,066 Down ×6

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
VCRB $25,791,769 1.63% up ×3
None $13,429,246 0.85% up ×4
None $5,445,815 0.34% up ×6
None $4,881,271 0.31% up ×6
None $4,412,147 0.28% up ×4
None $2,414,366 0.15% up ×3
LDOS $2,402,481 0.15% up ×4
AVUV $2,078,283 0.13% up ×4
UHS $1,941,998 0.12% up ×4
OKE $1,068,951 0.07% up ×3
None $1,031,790 0.07% up ×4
SCHG $687,576 0.04% up ×4
None $358,973 0.02% up ×3
None $317,280 0.02% up ×4
FCOM $232,900 0.01% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
Unknown issuer (CUSIP: 438516205) $2,611,455 11,663 0.16%
Unknown issuer (CUSIP: 43849r105) $2,561,985 11,589 0.16%
KEY $2,162,430 93,814 0.14%
VYM $1,176,849 7,447 0.07%
SWK $928,872 9,869 0.06%
Unknown issuer (CUSIP: 80004c200) $704,856 310 0.04%
Unknown issuer (CUSIP: 40637h109) $404,029 5,162 0.03%
Unknown issuer (CUSIP: 46137v357) $380,220 1,787 0.02%
NLY $324,802 14,526 0.02%
Unknown issuer (CUSIP: 34959e109) $315,229 2,052 0.02%
Unknown issuer (CUSIP: 64110d104) $285,505 1,845 0.02%
Unknown issuer (CUSIP: 46434g764) $256,057 2,503 0.02%
Unknown issuer (CUSIP: 09073m104) $243,693 3,449 0.02%
Unknown issuer (CUSIP: 33939l506) $239,100 10,000 0.02%
Unknown issuer (CUSIP: 42824c109) $237,056 5,255 0.01%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
IWY Bought more +22K +$17.7M
AMZN Trimmed -70K -$10.3M
IWX Bought more +18K +$7.6M
IWS Bought more +15K +$7.4M
· Bought more +27K +$5.7M
MSFT Trimmed -15K -$5.1M
TJX Trimmed -29K -$4.7M
· Bought more +14K +$4.2M
AMAT Trimmed -7K +$4.0M
LRCX Trimmed -6K +$3.9M

2 positions 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 24,529 $5,544,189 -4.4%
ABNB June 30, 2025 35,787 $4,275,115 22.7%
AMCR March 31, 2026 468,199 $3,904,782 5.3%
PPG Dec. 31, 2025 19,166 $2,014,538 2.6%
VYM Dec. 31, 2025 8,239 $1,161,287
CMS Dec. 31, 2025 13,652 $1,000,168 -8.9%
HOOD March 31, 2026 7,500 $848,250 62.7%
AZN March 31, 2026 6,241 $573,735 -20.4%
BMO June 30, 2025 5,259 $502,288 49.8%
AIG June 30, 2025 5,360 $466,025 -12.5%
SCHC Sept. 30, 2025 9,860 $419,938
ALB June 30, 2025 5,334 $384,155 66.9%
NOC June 30, 2026 551 $375,262 -6.1%
IBB Dec. 31, 2025 2,566 $370,453 21.6%
DSI June 30, 2026 3,048 $369,387
BHP June 30, 2025 7,589 $368,370 79.0%
IT June 30, 2026 2,283 $361,332 42.6%
STT June 30, 2026 2,853 $360,976 3.8%
IGSB Sept. 30, 2025 6,410 $338,192
NVO Sept. 30, 2025 4,560 $314,732 -32.7%
AWK June 30, 2025 2,076 $306,277 -6.4%
HOLX March 31, 2026 4,032 $300,343 No longer tracked
TEAM June 30, 2025 1,333 $282,876 -7.5%
AVB March 31, 2026 1,490 $270,152 No longer tracked
SAP March 31, 2026 1,110 $269,630 21.8%
CMG June 30, 2026 8,179 $261,810 -4.8%
HSBC Sept. 30, 2025 4,256 $258,722 35.4%
AZO Dec. 31, 2025 60 $257,415 -17.7%
GIS March 31, 2026 5,308 $246,823 -14.0%
NLY March 31, 2026 10,858 $242,783 -12.5%
LQD Dec. 31, 2025 2,170 $241,890
BDX March 31, 2026 1,241 $240,818 12.4%
ROP Dec. 31, 2025 475 $236,889 -20.4%
SHW March 31, 2026 715 $231,627 -0.3%
RL Sept. 30, 2025 843 $231,218 15.9%
IWV June 30, 2026 615 $227,968
HSIC March 31, 2026 3,003 $226,967 15.2%
SONY March 31, 2026 8,740 $223,744 15.1%
SNPS Dec. 31, 2025 450 $222,025 4.3%
VNQI Dec. 31, 2025 4,647 $221,849
IEF Sept. 30, 2025 2,311 $221,324
CPRT June 30, 2026 6,591 $218,822 -3.4%
UL (filed as ULXXXX) Sept. 30, 2025 3,576 $218,745 -10.6%
AEE June 30, 2026 1,940 $213,245 -11.6%
RMD Dec. 31, 2025 778 $212,971 -9.1%
DRI March 31, 2026 1,141 $209,901 2.2%
SCHP June 30, 2026 7,743 $206,041 -4.6%
ADSK March 31, 2026 692 $204,839 -11.4%
KMB Dec. 31, 2025 1,644 $204,438 -6.5%
FISV Dec. 31, 2025 1,575 $203,065 -34.0%
VGK Sept. 30, 2025 2,609 $202,198
ADM June 30, 2025 3,974 $190,791 52.4%
MATV Sept. 30, 2025 25,000 $170,500 5.2%
AVY June 30, 2025 944 $168,006 -3.2%
MUFG Sept. 30, 2025 11,575 $158,809 43.2%
BAX June 30, 2025 4,030 $137,947 -22.4%
AA June 30, 2025 4,484 $136,763 42.2%
AME June 30, 2025 759 $130,654 39.2%
ATO June 30, 2025 634 $98,003 2.0%
WRB June 30, 2025 1,307 $93,007 -6.1%
UDMY June 30, 2026 19,531 $90,233 No longer tracked
AEM June 30, 2025 793 $85,969 54.5%
BNS June 30, 2025 1,449 $68,726 65.0%
AGI June 30, 2025 2,500 $66,850 22.2%
BWA June 30, 2025 2,176 $62,347 80.8%
GOLD June 30, 2025 2,958 $57,503 90.7%
BCPC June 30, 2025 345 $57,270 4.6%
LNT June 30, 2025 856 $55,077 6.4%
AVT June 30, 2025 1,113 $53,524 101.5%
BAH June 30, 2025 505 $52,775 -35.3%
ARW June 30, 2025 505 $52,434 89.9%
AMG June 30, 2025 305 $51,249 88.8%
FWONK June 30, 2025 471 $42,353 -12.7%
BALL June 30, 2025 756 $39,365 0.5%
ALGN June 30, 2025 229 $36,379 -24.1%
BBWI June 30, 2025 1,167 $35,384 -46.4%
ADMA June 30, 2025 1,775 $35,216 -46.6%
ADC June 30, 2025 426 $32,883 -9.8%
ATR June 30, 2025 220 $32,643 -23.3%
ACI June 30, 2025 1,476 $32,457 -45.4%
ADX June 30, 2025 1,657 $31,468 18.8%
BILI June 30, 2025 1,626 $31,073 -32.7%
HRB June 30, 2025 475 $26,083 -24.1%
AEIS June 30, 2025 239 $22,780 129.6%
AVAV June 30, 2025 191 $22,765 -50.6%
BIDU June 30, 2025 235 $21,627 -1.7%
ASB June 30, 2025 902 $20,322 18.9%
ALK June 30, 2025 387 $19,048 -20.1%
AMKR June 30, 2025 870 $15,712 166.9%
AMED June 30, 2025 168 $15,561 No longer tracked
BCH June 30, 2025 576 $15,258 26.5%
CAR June 30, 2025 201 $15,256 -34.2%
BBDO June 30, 2025 7,282 $15,147 15.8%
ALE June 30, 2025 212 $13,928 No longer tracked
BIO June 30, 2025 57 $13,883 53.0%
BE June 30, 2025 672 $13,212 1108.8%
BILL June 30, 2025 284 $13,033 -5.7%
ABM June 30, 2025 266 $12,598 3.7%
AMTM June 30, 2025 669 $12,176 -23.2%
ABG June 30, 2025 53 $11,705 -26.3%
AFG June 30, 2025 76 $9,982 10.2%
ACA June 30, 2025 120 $9,263 69.0%
BMI June 30, 2025 48 $9,132 -47.8%
AGCO June 30, 2025 97 $8,979 11.1%
GOLF June 30, 2025 114 $7,827 14.9%
AKR June 30, 2025 333 $6,976 0.3%
BDC June 30, 2025 68 $6,817 -2.9%
ACIW June 30, 2025 117 $6,401 9.2%
BECN June 30, 2025 50 $6,185 No longer tracked
AWR June 30, 2025 77 $6,059 8.0%
BOOT June 30, 2025 56 $6,016 -19.8%
APOG June 30, 2025 123 $5,699 -12.3%
ATKR June 30, 2025 91 $5,459 34.1%
ADUS June 30, 2025 55 $5,439 -3.4%
BKH June 30, 2025 79 $4,791 26.5%
BOH June 30, 2025 61 $4,207 2.6%
AROW June 30, 2025 154 $4,049 43.0%
AMR June 30, 2025 31 $3,883 52.5%
AAT June 30, 2025 185 $3,726 9.1%
BMRC June 30, 2025 168 $3,708 21.3%
AMWD June 30, 2025 56 $3,295 No longer tracked
AVXL June 30, 2025 382 $3,278 -80.3%
AIN June 30, 2025 47 $3,245 -13.2%
IBUY June 30, 2025 53 $3,188
ALRM June 30, 2025 52 $2,894 -3.3%
BBT June 30, 2025 110 $2,870 13.2%
AMSC June 30, 2025 158 $2,866 -18.2%
ACAD June 30, 2025 166 $2,757 -7.5%
ALV June 30, 2025 31 $2,742 0.0%
ARTNA June 30, 2025 82 $2,677 0.2%
BFH June 30, 2025 53 $2,658 71.7%
AQN June 30, 2025 496 $2,549 -11.0%
ANF June 30, 2025 33 $2,520 64.0%
ATRA June 30, 2025 421 $2,501 22.8%
BGC June 30, 2025 272 $2,494 15.2%
OSG June 30, 2025 281 $2,459 -35.2%
AUR June 30, 2025 365 $2,455 8.2%
BBD June 30, 2025 1,077 $2,401 18.1%
UHAL June 30, 2025 33 $2,157 2.2%
ALEX June 30, 2025 119 $2,050 No longer tracked
BRT June 30, 2025 119 $2,023 -15.0%
AZZ June 30, 2025 23 $1,923 47.5%
BCYC June 30, 2025 210 $1,783 -51.4%
BHB June 30, 2025 59 $1,741 No longer tracked
AMN June 30, 2025 71 $1,737 77.2%
BATRK June 30, 2025 41 $1,640 11.2%
ARDX June 30, 2025 312 $1,532 -14.8%
AIR June 30, 2025 26 $1,456 49.0%
ABR June 30, 2025 115 $1,351 -66.7%
ALG June 30, 2025 7 $1,247 -26.3%
ACLS June 30, 2025 25 $1,241 112.0%
ATEN June 30, 2025 75 $1,226 42.8%
BLMN June 30, 2025 168 $1,205 -1.5%
ANDE June 30, 2025 17 $730 84.3%
BATRA June 30, 2025 15 $658 17.1%
DCH June 30, 2025 153 $623 37.3%
ASH June 30, 2025 10 $593 38.3%
ASTE June 30, 2025 12 $413 0.7%
ARBK June 30, 2025 1,000 $340 -94.4%
ASTL June 30, 2025 57 $309 -37.0%
ALX June 30, 2025 1 $209 8.2%
BHC June 30, 2025 23 $149 -12.9%
ARKO June 30, 2025 31 $122 -1.4%
ASTI June 30, 2025 1 $1 -12.5%