Sector breakdown

04
Technology 5.9%
Communication Services 0.9%
Utilities 0.7%
Financials 0.7%
Industrials 0.7%
Health Care 0.6%
Retail 0.3%
Consumer Discretionary 0.0%
Other/Unmapped 90.3%

Full portfolio 78 positions

05
Type Streak 8Q trend
IVV iShares Trust $35,348,364 16.35% 47,201 $15,532,969 Up ×2
VTV Vanguard Morningstar Value ETF $16,799,922 7.77% 77,089 $-1,780,763 Down ×2
VUG Vanguard Morningstar Growth ETF $15,698,796 7.26% 182,247 $1,578,189 Up ×2
IUSB iShares Core Universal USD Bond ETF $13,797,244 6.38% 298,965 $35,570 Up ×3
AAPL Apple Inc. - Common Stock $10,437,772 4.83% 36,072 $1,425,886 Up ×1
DYNF BlackRock ETF Trust $9,606,437 4.44% 141,250 $1,202,735 Down ×3
GOVT iShares Trust $8,670,003 4.01% 380,597 $489,131 Up ×6
CORO iShares International Country Rotation Active ETF $5,996,288 2.77% 163,833 $594,359 Down ×1
VMBS Vanguard Mortgage-Backed Securities ETF $5,891,055 2.72% 125,850 $419,852 Up ×5
BRTR iShares Total Return Active ETF $5,846,389 2.70% 116,173 $543,315 Up ×3
BAI iShares A.I. Innovation and Tech Active ETF $4,672,620 2.16% 88,631 $871,248 Down ×2
IVW iShares S&P 500 Growth ETF $4,447,445 2.06% 32,338 $652,718 Down ×3
VV Vanguard Morningstar Large-Cap ETF $4,172,465 1.93% 12,132 $367,486 Down ×6
MTUM iShares Trust $3,527,105 1.63% 10,288 $-140,711 Down ×1
IEFA iShares Core MSCI EAFE ETF $3,424,769 1.58% 35,460 $-174,025 Down ×1
IJH iShares Trust $3,337,163 1.54% 43,278 $364,950 Down ×1
BLCR iShares Large Cap Core Active ETF $3,333,235 1.54% 66,175 $386,564 Down ×1
SHLD Global X Funds $3,285,423 1.52% 55,023 $105,840 Up ×3
TLH iShares 10-20 Year Treasury Bond ETF $3,250,096 1.50% 32,388 $219,005 Up ×1
VO Vanguard Morningstar Mid-Cap ETF $3,185,540 1.47% 39,538 $283,260 Up ×4
IVE iShares Trust $3,076,095 1.42% 13,548 $215,540
VEU Vanguard FTSE All World Ex US ETF $2,891,781 1.34% 34,529 $136,670 Down ×6
VB Vanguard Morningstar Small-Cap ETF $2,819,046 1.30% 9,300 $364,567 Down ×6
IALT iShares Systematic Alternatives Active ETF $2,812,882 1.30% 100,281 Up ×1
BNDX Vanguard Total International Bond ETF $2,793,830 1.29% 57,688 $-752,548 Down ×1
VWO Vanguard FTSE Emerging Markets ETF $2,778,271 1.28% 46,545 $-1,517,245 Down ×2
THRO iShares U.S. Thematic Rotation Active ETF $2,581,292 1.19% 59,877 $-1,389,580 Down ×1
BINC iShares Flexible Income Active ETF $2,561,110 1.18% 48,932 $-676,230 Down ×2
IJR iShares Trust $2,514,898 1.16% 16,957 $332,018 Down ×1
SYSB iShares Systematic Bond ETF $2,410,332 1.11% 27,169 $70,433 Up ×2
SRE DBA Sempra Common Stock $1,420,781 0.66% 15,325 $-67,183 Up ×1
STIP iShares 0-5 Year TIPS Bond ETF $1,339,896 0.62% 13,116
QUAL iShares Trust $1,115,302 0.52% 5,083 $-3,650,495 Down ×1
VT Vanguard Total World Stock Index ETF $1,097,237 0.51% 6,991 $106,589 Down ×3
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF $1,050,814 0.49% 20,050 $-212,641 Down ×1
ICVT iShares Convertible Bond ETF $919,264 0.43% 7,551 $-115,433 Down ×2
EFG iShares Trust $892,465 0.41% 7,173
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $882,476 0.41% 1,764 $86,728 Up ×3
META Meta Platforms, Inc. - Class A Common Stock $861,956 0.40% 1,530 $35,104 Up ×1
QCOM QUALCOMM Incorporated - Common Stock $823,836 0.38% 4,458 $253,979 Up ×1
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF $823,612 0.38% 15,490 $-185,985 Down ×2
EFV iShares Trust $751,415 0.35% 9,816 $-2,351,508 Down ×1
IAU iShares Gold Trust Shares $717,345 0.33% 9,500 $6,864 Up ×1
HALO Halozyme Therapeutics, Inc. - Common Stock $598,922 0.28% 7,652 $104,373
AGG iShares Trust $580,914 0.27% 5,869 $-22,548 Down ×1
GOOGL Alphabet Inc. - Class A Common Stock $488,982 0.23% 1,368 $132,661 Up ×1
NVDA NVIDIA Corporation - Common Stock $482,973 0.22% 2,414 $199,160 Up ×1
VEA Vanguard FTSE Developed Markets ETF $460,132 0.21% 6,458 $33,487 Down ×1
TRMB Trimble Inc. - Common Stock $456,167 0.21% 8,913 $-124,967 Up ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $443,893 0.21% 1,068 $166,268 Up ×1
SUSA iShares ESG Optimized MSCI USA ETF $412,598 0.19% 2,674 $59,759 Up ×2
TTEK Tetra Tech, Inc. - Common Stock $399,895 0.18% 13,842 $-16,815 Up ×1
AOA iShares Trust $395,378 0.18% 4,051 $36,905
MSFT Microsoft Corporation - Common Stock $384,246 0.18% 1,030 $98,445 Up ×1
JPM JP Morgan Chase & Co. Common Stock $357,935 0.17% 1,093 $65,108 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $352,977 0.16% 999 $101,114 Up ×1
VGT Vanguard Information Tech ETF $334,656 0.15% 2,800 $73,011 Up ×1
HYG iShares Trust $324,438 0.15% 4,057 $-50,369 Down ×1
HPE Hewlett Packard Enterprise Company Common Stock $321,499 0.15% 7,127 Up ×1
ISRG Intuitive Surgical, Inc. - Common Stock $303,430 0.14% 763 $-45,078 Up ×1
GLW Corning Incorporated Common Stock $296,043 0.14% 1,159 Up ×1
VTI Vanguard Morningstar Total Stock Market ETF $287,521 0.13% 777 $38,252
BIV VANGUARD BOND INDEX FUNDS $287,515 0.13% 3,749 $-208,224 Down ×2
BND Vanguard Total Bond Market ETF $287,212 0.13% 3,912 $-207,502 Down ×1
GD General Dynamics Corporation Common Stock $283,746 0.13% 801 $-22,749 Down ×2
COST Costco Wholesale Corporation - Common Stock $282,222 0.13% 302 $-3,311 Up ×2
NFLX Netflix, Inc. - Common Stock $275,033 0.13% 3,852 $-90,337 Up ×1
AMZN Amazon.com, Inc. - Common Stock $269,801 0.12% 1,132
IJJ iShares Trust $255,277 0.12% 1,728 $26,317
ORCL Oracle Corporation Common Stock $247,670 0.11% 1,690 $6,851 Up ×1
SHY iShares 1-3 Year Treasury Bond ETF $243,292 0.11% 2,963 $-77,575 Down ×1
ACWX iShares MSCI ACWI ex U.S. ETF $235,744 0.11% 3,097 Up ×1
IWM iShares Russell 2000 Index Fund $234,061 0.11% 779 $33,181 Down ×1
WFC Wells Fargo & Company Common Stock $231,598 0.11% 2,802 $17,606 Up ×1
EAGG iShares Trust $228,421 0.11% 4,818 $5,316 Up ×3
VOT Vanguard Morningstar Mid-Cap Growth ETF $224,824 0.10% 734
VOO Vanguard S&P 500 ETF $214,285 0.10% 312
QS QuantumScape Corporation - Common Stock $75,600 0.03% 10,000 $11,800

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
IUSB $13,797,244 6.38% up ×3
GOVT $8,670,003 4.01% up ×6
VMBS $5,891,055 2.72% up ×5
BRTR $5,846,389 2.70% up ×3
SHLD $3,285,423 1.52% up ×3
VO $3,185,540 1.47% up ×4
BRK-B (filed as BRKB) $882,476 0.41% up ×3
EAGG $228,421 0.11% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
IALT $2,812,882 100,281 1.30%
STIP $1,339,896 13,116 0.62%
EFG $892,465 7,173 0.41%
HPE $321,499 7,127 0.15%
GLW $296,043 1,159 0.14%
AMZN $269,801 1,132 0.12%
ACWX $235,744 3,097 0.11%
VOT $224,824 734 0.10%
VOO $214,285 312 0.10%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
IVV Bought more +17K +$15.5M
QUAL Trimmed -20K -$3.7M
EFV Trimmed -32K -$2.4M
VTV Trimmed -18K -$1.8M
VUG Bought more +150K +$1.6M
VWO Trimmed -33K -$1.5M
AAPL Bought more +563 +$1.4M
THRO Trimmed -50K -$1.4M
DYNF Trimmed -3K +$1.2M
BAI Trimmed -27K +$871K

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
OEF March 31, 2026 20,779 $7,126,574
IYW Sept. 30, 2025 14,046 $2,433,813 38.7%
EFG Sept. 30, 2025 18,742 $2,099,104
STIP Dec. 31, 2025 18,978 $1,961,566
EMB March 31, 2026 17,054 $1,641,959
EMXC June 30, 2025 20,089 $1,106,703
HEFA June 30, 2025 16,194 $587,680
VOO March 31, 2026 444 $278,446 19.2%
SPY June 30, 2026 418 $271,842 No longer tracked
GBTC Dec. 31, 2025 2,895 $259,884 -3.1%
AMZN March 31, 2026 1,032 $238,206 20.7%
TSLA Sept. 30, 2025 749 $237,927 -14.8%
WPC March 31, 2026 3,352 $215,735 -5.9%
XOM June 30, 2026 1,244 $211,015 20.0%
IWM Sept. 30, 2025 966 $208,453 17.1%
VOT March 31, 2026 734 $204,889
SPHY March 31, 2026 8,634 $204,377