Sector breakdown

04
Industrials 6.4%
Financials 5.2%
Energy 5.0%
Real Estate 4.1%
Healthcare 3.8%
Technology 3.7%
Communication Services 3.1%
Consumer Discretionary 2.8%
Utilities 2.3%
Consumer Staples 2.1%
Consumer products 1.1%
Retail 1.0%
Materials 0.6%
Other/Unmapped 58.7%

Full portfolio 289 positions

05
Type Streak 8Q trend
VOO VANGUARD INDEX FUNDS $158,562,366 7.62% 230,868 $26,777,566 Up ×6
BOND PIMCO ETF Trust $154,025,473 7.40% 1,670,377 $4,191,200 Up ×3
IVV iShares Trust $107,772,138 5.18% 143,909 $18,997,680 Up ×6
TOTL SSGA Active Trust $104,474,694 5.02% 2,646,939 $3,525,751 Up ×3
SPYM State Street SPDR Portfolio S&P 500 ETF $84,826,799 4.08% 965,257 $10,140,161 Down ×1
GQGU Advisors' Inner Circle Fund III $76,078,383 3.66% 2,995,212 $-2,210,313 Up ×3
VEA VANGUARD TAX-MANAGED FUNDS $58,974,280 2.83% 827,709 $7,951,970 Up ×3
BND Vanguard Total Bond Market ETF $45,549,550 2.19% 620,482 $2,460,750 Up ×1
TLCI Touchstone ETF Trust $44,952,713 2.16% 1,669,435 $4,793,973 Up ×3
AGG iShares Trust $38,366,811 1.84% 387,622 $2,581,946 Up ×6
BIL SPDR SERIES TRUST $33,118,930 1.59% 361,403 $2,116,847 Up ×1
FLXR TCW Flexible Income ETF $29,480,705 1.42% 751,867 $2,494,220 Up ×6
VO VANGUARD INDEX FUNDS $28,652,924 1.38% 355,628 $4,365,873 Up ×6
VB VANGUARD INDEX FUNDS $24,590,599 1.18% 81,125 $4,091,781 Up ×1
ABEQ Unified Series Trust $22,717,408 1.09% 610,683 $-400,556 Down ×6
VNQ VANGUARD SPECIALIZED FUNDS $22,686,665 1.09% 235,265 $2,610,084 Up ×6
CSCO Cisco Systems, Inc. - Common Stock $20,736,482 1.00% 176,540 $5,609,614 Down ×2
IRM Iron Mountain Incorporated (Delaware)Common Stock REIT $20,512,904 0.99% 162,401 $3,576,571 Down ×1
OKE ONEOK, Inc. Common Stock $18,981,207 0.91% 218,326 $-23,059 Up ×6
ENB Enbridge Inc Common Stock $17,893,415 0.86% 330,075 $639,658 Up ×1
NNN NNN REIT, Inc. Common Stock $17,663,102 0.85% 379,607 $2,599,651 Up ×6
IBM International Business Machines Corporation Common Stock $17,532,059 0.84% 62,345 $3,397,300 Up ×5
CWEN Clearway Energy, Inc. Class C Common Stock $17,182,226 0.83% 502,698 Up ×1
IEFA iShares Trust $16,837,937 0.81% 174,341 $1,965,071 Up ×6
VWO VANGUARD INTERNATIONAL EQUITY INDEX FUNDS $16,805,104 0.81% 281,539 $2,126,199 Up ×3
USRT iShares Trust $16,768,232 0.81% 252,344 $2,329,424 Up ×3
MO Altria Group, Inc. $16,761,811 0.81% 232,965 $1,933,528 Up ×6
IAGG iShares Trust $16,587,085 0.80% 327,808 $-391,887 Down ×1
MRK Merck & Company, Inc. Common Stock (new) $16,278,960 0.78% 126,684 $1,101,645 Up ×1
BWX SPDR SERIES TRUST $16,147,806 0.78% 744,825 $-201,103
HTGC Hercules Capital, Inc. Common Stock $15,871,065 0.76% 1,006,408 $2,679,944 Up ×6
ABBV AbbVie Inc. Common Stock $15,773,299 0.76% 62,682 $3,212,472 Up ×6
MPLX MPLX LP Common Units Representing Limited Partner Interests $15,668,521 0.75% 278,156 $679,946 Up ×6
ARCC Ares Capital Corporation - Closed End Fund $15,657,313 0.75% 844,971 $2,184,876 Up ×6
VZ Verizon Communications Inc. Common Stock $15,556,719 0.75% 367,424 $-1,793,605 Up ×6
EPD Enterprise Products Partners L.P. Common Stock $15,461,725 0.74% 420,613 $122,908 Up ×1
ET Energy Transfer LP Common Units $15,172,205 0.73% 793,525 $563,188 Up ×6
MLPA Global X Funds $14,754,666 0.71% 277,970 $195,544 Up ×2
AMLP ALPS ETF Trust $14,528,872 0.70% 280,210 $174,049 Up ×2
TSLX Sixth Street Specialty Lending, Inc. Common Stock $14,512,144 0.70% 845,203 $1,129,693 Up ×3
AVGO Broadcom Inc. - Common Stock $14,273,564 0.69% 37,786 $2,461,660 Down ×1
MSM MSC Industrial Direct Company, Inc. Common Stock $13,949,581 0.67% 117,272 $3,132,521 Up ×6
WPC W. P. Carey Inc. REIT $13,846,417 0.67% 193,656 $1,343,553 Up ×3
IJR iShares Trust $13,809,519 0.66% 93,112 $2,943,327 Up ×6
IJH iShares Trust $13,765,737 0.66% 178,520 $2,436,230 Up ×6
O Realty Income Corporation Common Stock $13,678,151 0.66% 220,758 $1,003,443 Up ×6
HAS Hasbro, Inc. - Common Stock $13,556,273 0.65% 164,140 $-726,280 Up ×1
GILD Gilead Sciences, Inc. - Common Stock $12,830,748 0.62% 101,557 $-528,990 Up ×1
T AT&T Inc. $12,666,586 0.61% 611,913 $-3,181,527 Up ×6
ED Consolidated Edison, Inc. Common Stock $12,536,029 0.60% 113,314 $401,329 Up ×6
DELL Dell Technologies Inc. Class C Common Stock $12,205,348 0.59% 28,288 $4,777,349 Down ×1
DUK Duke Energy Corporation (Holding Company) Common Stock $12,087,930 0.58% 95,497 $408,724 Up ×6
VICI VICI Properties Inc. Common Stock $11,960,905 0.57% 450,505 $1,008,208 Up ×6
KO Coca-Cola Company (The) Common Stock $11,920,777 0.57% 146,682 $1,244,331 Up ×1
CRH CRH PLC Ordinary Shares $11,223,444 0.54% 104,892 $117,411 Down ×1
USFR WisdomTree Trust $10,899,369 0.52% 216,472 $-1,521,821 Down ×1
KNX Knight-Swift Transportation Holdings Inc. $10,868,602 0.52% 139,574 $2,921,777 Up ×2
HRB H&R Block, Inc. Common Stock $10,690,002 0.51% 280,725 $2,693,567 Up ×6
PAYX Paychex, Inc. - Common Stock $10,637,873 0.51% 108,185 $1,875,421 Up ×6
PG Procter & Gamble Company (The) Common Stock $10,465,525 0.50% 71,369 $1,154,431 Up ×1
PFE Pfizer, Inc. Common Stock $10,404,745 0.50% 432,091 $-844,105 Up ×6
PEP PepsiCo, Inc. - Common Stock $10,031,128 0.48% 74,085 $-574,628 Up ×1
CLH Clean Harbors, Inc. Common Stock $10,011,411 0.48% 33,511 $-2,886,278 Down ×2
SGI Somnigroup International Inc. Common Stock $9,384,549 0.45% 119,701 $161,109 Down ×1
HQY HealthEquity, Inc. - Common Stock $9,061,173 0.44% 100,323 $2,138,986 Up ×4
KEX Kirby Corporation Common Stock $8,962,734 0.43% 65,917 $-34,837 Down ×3
CSWC Capital Southwest Corporation - Common Stock $8,447,147 0.41% 355,370
PNFP Pinnacle Financial Partners, Inc. - Common Stock $8,120,281 0.39% 80,494 $2,206,861 Up ×1
MAIN Main Street Capital Corporation Common Stock $7,545,668 0.36% 145,445
MAS Masco Corporation Common Stock $7,543,246 0.36% 92,703 $1,811,395 Down ×1
AZO AutoZone, Inc. Common Stock $7,283,547 0.35% 2,279 $-373,880 Up ×1
POOL Pool Corporation - Common Stock $7,088,339 0.34% 32,984 Up ×1
RBA RB Global, Inc. Common Stock $7,072,591 0.34% 60,735 $1,156,633 Down ×1
SSNC SS&C Technologies Holdings, Inc. - Common Stock $6,735,872 0.32% 108,556 $6,073,181 Up ×1
CIEN Ciena Corporation Common Stock $6,445,468 0.31% 13,139 $-766,681 Down ×4
GNRC Generac Holdlings Inc. Common Stock $5,993,528 0.29% 20,469 $2,196,703 Up ×1
LKQ LKQ Corporation - Common Stock $5,229,950 0.25% 198,631 $-4,515,773 Down ×1
BC Brunswick Corporation Common Stock $5,200,629 0.25% 61,736 $615,840 Down ×1
EDV VANGUARD WORLD FUND $4,851,345 0.23% 74,544 $174,595 Up ×1
AMAT Applied Materials, Inc. - Common Stock $4,654,670 0.22% 6,438 $1,303,906 Down ×4
KLAC KLA Corporation - Common Stock $4,461,884 0.21% 14,789 $1,523,838 Up ×1
GBIL Goldman Sachs ETF Trust $4,428,416 0.21% 44,213 $-1,981,501 Down ×1
IWS iShares Trust $3,833,401 0.18% 23,289 $568,669 Up ×3
AAPL Apple Inc. - Common Stock $3,766,321 0.18% 13,016 $448,247 Down ×5
PGR Progressive Corporation (The) Common Stock $3,740,983 0.18% 17,125 $32,054 Down ×1
MSFT Microsoft Corporation - Common Stock $3,699,194 0.18% 9,917 $622,120 Up ×1
VSS VANGUARD INTERNATIONAL EQUITY INDEX FUNDS $3,385,915 0.16% 21,945 $258,601 Up ×1
ASO Academy Sports and Outdoors, Inc. - Common Stock $3,264,801 0.16% 69,272 $-648,376 Down ×1
FANG Diamondback Energy, Inc. - Common Stock $2,904,294 0.14% 16,522 $-354,672 Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $2,783,169 0.13% 5,562 $321,519 Up ×1
GTX Garrett Motion Inc. - Common Stock $2,769,120 0.13% 76,432 $1,186,412 Down ×1
HPQ HP Inc. Common Stock $2,713,910 0.13% 123,697 $574,420 Up ×6
EXP Eagle Materials Inc Common Stock $2,676,688 0.13% 11,896 $404,189 Down ×1
BANC Banc of California, Inc. Common Stock $2,537,428 0.12% 124,201 $-453,268 Down ×2
POWL Powell Industries, Inc. - Common Stock $2,535,187 0.12% 8,853 $1,915,650 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $2,481,870 0.12% 6,945 $247,651 Down ×1
PBA Pembina Pipeline Corp. Ordinary Shares (Canada) $2,472,248 0.12% 53,454 $266,341 Up ×6
KMI Kinder Morgan, Inc. Common Stock $2,471,539 0.12% 77,308 $146,594 Up ×6
ROP Roper Technologies, Inc. - Common Stock $2,356,537 0.11% 6,964 $335,102 Up ×4
ORCL Oracle Corporation Common Stock $2,342,046 0.11% 15,981 $535,930 Up ×3

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
VOO $158,562,366 7.62% up ×6
BOND $154,025,473 7.40% up ×3
IVV $107,772,138 5.18% up ×6
TOTL $104,474,694 5.02% up ×3
GQGU $76,078,383 3.66% up ×3
VEA $58,974,280 2.83% up ×3
TLCI $44,952,713 2.16% up ×3
AGG $38,366,811 1.84% up ×6
FLXR $29,480,705 1.42% up ×6
VO $28,652,924 1.38% up ×6
VNQ $22,686,665 1.09% up ×6
OKE $18,981,207 0.91% up ×6
NNN $17,663,102 0.85% up ×6
IBM $17,532,059 0.84% up ×5
IEFA $16,837,937 0.81% up ×6

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
CWEN $17,182,226 502,698 0.83%
CSWC $8,447,147 355,370 0.41%
MAIN $7,545,668 145,445 0.36%
POOL $7,088,339 32,984 0.34%
THC $1,998,576 10,683 0.10%
PATK $1,750,208 19,494 0.08%
MAR $1,665,742 4,495 0.08%
PSMT $1,574,245 8,059 0.08%
SAIA $1,394,882 3,312 0.07%
AVT $1,364,332 15,361 0.07%
ACA $1,353,812 9,318 0.07%
GATX $1,177,107 6,643 0.06%
KN $1,068,981 25,771 0.05%
LBRT $879,020 33,563 0.04%
RYN $861,748 40,496 0.04%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VOO Bought more +10K +$26.8M
IVV Bought more +8K +$19.0M
SPYM Trimmed -11K +$10.1M
VEA Bought more +31K +$8.0M
CSCO Trimmed -18K +$5.6M
TLCI Bought more +41K +$4.8M
DELL Trimmed -17K +$4.8M
LKQ Trimmed -133K -$4.5M
VO Bought more +271K +$4.4M
BOND Bought more +47K +$4.2M

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
PCLG March 31, 2026 1,368,164 $33,860,829
CWEN-A (filed as CWENA) June 30, 2026 496,997 $19,467,387 No longer tracked
MAIN Sept. 30, 2025 215,481 $12,734,878 -13.3%
CSWC Sept. 30, 2025 521,686 $11,497,968 7.6%
DOC Sept. 30, 2025 491,408 $8,604,554 1.8%
WES March 31, 2026 149,413 $5,901,824 8.7%
BERY June 30, 2025 75,927 $5,300,448 No longer tracked
AMCR Dec. 31, 2025 550,128 $4,500,050 0.4%
GPK Sept. 30, 2025 213,422 $4,496,810 -55.1%
FHN June 30, 2026 188,404 $4,288,074 -8.7%
LLY March 31, 2026 3,188 $3,425,730 24.3%
NGG Dec. 31, 2025 36,321 $2,639,447 -1.6%
AMH June 30, 2026 90,808 $2,535,350 -9.7%
FLR March 31, 2026 60,990 $2,417,034 7.0%
GOOG March 31, 2026 7,611 $2,388,379 18.6%
HOMB Sept. 30, 2025 80,240 $2,283,637 1.3%
IIIV June 30, 2026 98,277 $2,197,474 -33.1%
SHEL Dec. 31, 2025 30,057 $2,149,977 31.0%
BANF Dec. 31, 2025 15,902 $2,010,758 1.9%
THC June 30, 2025 14,738 $1,982,261 46.9%
ACWX Dec. 31, 2025 29,190 $1,897,642
ETD Dec. 31, 2025 63,106 $1,859,116 -7.8%
STRS June 30, 2026 60,197 $1,837,212 No longer tracked
SCVL June 30, 2026 113,904 $1,775,770 No longer tracked
STKL Dec. 31, 2025 280,749 $1,645,189 No longer tracked
RPC Dec. 31, 2025 141,318 $1,537,539 -22.3%
TMHC June 30, 2026 25,445 $1,481,917 No longer tracked
WMT March 31, 2026 12,847 $1,431,269 -16.1%
HTH Dec. 31, 2025 42,670 $1,426,021 13.3%
TECK Dec. 31, 2025 32,404 $1,422,212 43.2%
V Sept. 30, 2025 3,877 $1,376,429 5.6%
UL (filed as ULXXXX) Dec. 31, 2025 22,943 $1,360,052 -8.7%
VIGI March 31, 2026 14,739 $1,347,882
GBX June 30, 2026 21,646 $1,139,680 -17.2%
PBPB Sept. 30, 2025 89,004 $1,090,299 No longer tracked
SNN Dec. 31, 2025 28,796 $1,045,007 -19.5%
CHRD June 30, 2025 9,081 $1,023,591 41.5%
CNR June 30, 2026 9,643 $1,009,913 11.2%
DNL March 31, 2026 24,008 $989,624
NOV March 31, 2026 62,718 $980,288 -0.1%
BX March 31, 2026 6,251 $963,587 -2.8%
CCJ Dec. 31, 2025 11,282 $946,109 -6.9%
AMZN March 31, 2026 4,068 $938,976 20.8%
BLDR Sept. 30, 2025 7,747 $903,997 -53.6%
MRTN Sept. 30, 2025 69,205 $898,969 25.1%
RXO March 31, 2026 70,372 $889,502 59.9%
GPI March 31, 2026 2,253 $886,219 -24.4%
CAT March 31, 2026 1,541 $882,987 19.3%
ZTS Sept. 30, 2025 5,643 $880,051 -52.4%
BELFB Sept. 30, 2025 8,939 $873,216 82.9%
NEA Sept. 30, 2025 79,453 $867,626 -11.4%
NOW Sept. 30, 2025 835 $858,447 -27.0%
WHR June 30, 2026 15,627 $842,589 -23.1%
ICHR June 30, 2025 37,236 $841,906 220.4%
SLB March 31, 2026 21,007 $806,234 -5.2%
JNJ March 31, 2026 3,871 $801,135 4.7%
DIOD Dec. 31, 2025 14,848 $790,062 110.5%
LOVE Dec. 31, 2025 44,959 $761,156 -0.3%
CTRA June 30, 2026 20,880 $733,733 No longer tracked
VIST March 31, 2026 15,000 $729,900 -14.9%
XOM March 31, 2026 5,944 $715,246 -3.3%
HON June 30, 2026 3,116 $704,328 -4.4%
MSCI Sept. 30, 2025 1,188 $685,228 -5.5%
ABT March 31, 2026 5,128 $642,435 -5.0%
ABNB Sept. 30, 2025 4,798 $634,967 33.8%
RHP Dec. 31, 2025 7,055 $632,057 28.6%
CMCSA Dec. 31, 2025 19,780 $621,480 -23.0%
BRBR March 31, 2026 23,159 $619,040 -53.8%
CTVA March 31, 2026 9,013 $604,144 -85.8%
MCD March 31, 2026 1,972 $602,712 -25.4%
ACN Sept. 30, 2025 1,996 $596,585 -19.3%
AESI June 30, 2025 33,193 $592,157 -9.9%
CE Sept. 30, 2025 10,624 $587,851 5.0%
GEHC March 31, 2026 7,115 $583,572 -9.7%
MMM Dec. 31, 2025 3,695 $573,434 1.1%
TIPT March 31, 2026 30,759 $561,969 2.5%
WDAY Sept. 30, 2025 2,297 $551,280 -22.7%
BSV March 31, 2026 6,970 $549,306
PLAB June 30, 2025 25,382 $526,930 67.2%
JEF March 31, 2026 8,340 $516,843 11.4%
CASY June 30, 2025 1,152 $500,154 21.1%
CAG Sept. 30, 2025 24,413 $499,727 -27.0%
IDXX Sept. 30, 2025 907 $486,460 -18.9%
NFLX March 31, 2026 5,150 $482,864 -30.3%
SAP March 31, 2026 1,960 $476,147 21.8%
ETR June 30, 2025 5,557 $475,076 21.4%
WY Dec. 31, 2025 19,111 $473,757 -22.0%
BR March 31, 2026 2,100 $468,654 -3.4%
SNPS Dec. 31, 2025 937 $462,306 4.3%
CB March 31, 2026 1,462 $456,381 1.5%
MINO March 31, 2026 10,000 $453,200
LAD March 31, 2026 1,348 $448,011 23.2%
MELI March 31, 2026 222 $447,166 -1.9%
VFMO March 31, 2026 2,337 $446,928
CVX March 31, 2026 2,905 $442,684 -0.1%
SBUX March 31, 2026 5,223 $439,820 5.7%
NVG March 31, 2026 34,198 $432,951 -13.1%
VYM March 31, 2026 2,970 $426,235
DD June 30, 2025 5,699 $425,633 352.9%
SPMO March 31, 2026 3,520 $419,971
MOH Sept. 30, 2025 1,382 $411,698 -1.0%
PAYC Sept. 30, 2025 1,772 $410,041 6.2%
SYY June 30, 2026 5,744 $409,733 -7.3%
ASML March 31, 2026 381 $407,424 41.4%
JPC March 31, 2026 50,000 $405,500 -8.4%
GPN March 31, 2026 5,230 $404,819 16.5%
CSPF March 31, 2026 15,216 $394,387
SHOP March 31, 2026 2,419 $389,386 27.6%
YUMC June 30, 2025 7,395 $384,990 -10.6%
UNH June 30, 2025 735 $384,969 19.2%
CSGP Sept. 30, 2025 4,662 $374,825 -67.5%
CPB March 31, 2026 13,417 $373,937 -11.9%
IQI June 30, 2025 38,431 $372,012 -4.7%
TTWO March 31, 2026 1,447 $370,475 2.6%
PMO Sept. 30, 2025 36,290 $358,905 -10.8%
HDB March 31, 2026 9,812 $358,513 -10.2%
SKX Sept. 30, 2025 5,630 $355,253 No longer tracked
CPT March 31, 2026 3,219 $354,312 -1.7%
UBER Dec. 31, 2025 3,604 $353,084 -16.6%
TM March 31, 2026 1,631 $349,034 -11.9%
ICLR March 31, 2026 1,883 $343,120 46.4%
PPA March 31, 2026 2,023 $316,936
WTW Sept. 30, 2025 1,029 $315,389 -16.5%
ZVIA Sept. 30, 2025 97,777 $314,842 -55.5%
PDO March 31, 2026 22,557 $312,192 -6.3%
AVTR Dec. 31, 2025 24,976 $311,700 33.9%
CME March 31, 2026 1,137 $310,499 -10.9%
XMMO March 31, 2026 2,212 $306,256
UGI March 31, 2026 8,038 $300,862 2.1%
SHY March 31, 2026 3,560 $294,807
VONG March 31, 2026 2,388 $290,693
JAAA June 30, 2026 5,574 $280,741
VNLA June 30, 2026 5,666 $276,855
GIS Sept. 30, 2025 5,207 $269,793 -36.5%
AON March 31, 2026 737 $259,935 -16.5%
MNDY March 31, 2026 1,754 $258,820 14.0%
FBK June 30, 2026 4,917 $255,389 -3.5%
MQT June 30, 2025 25,293 $252,927 No longer tracked
IT Sept. 30, 2025 605 $244,553 -29.7%
NU March 31, 2026 14,336 $239,985 -6.5%
VYM June 30, 2025 1,824 $235,285
MTW June 30, 2025 26,548 $228,047 93.2%
DEO June 30, 2025 2,170 $227,394 -16.0%
SPY June 30, 2025 395 $220,922 No longer tracked
RSP June 30, 2026 1,136 $218,032 -0.8%
MNDY Sept. 30, 2025 684 $215,104 -59.3%
IBIT March 31, 2026 4,331 $215,034
HYBI March 31, 2026 4,100 $206,335
TYL Dec. 31, 2025 391 $204,556 -28.9%
NVO June 30, 2025 2,917 $202,557 -45.9%
AHH March 31, 2026 20,600 $136,372 No longer tracked
EQC June 30, 2025 14,112 $22,720 No longer tracked