Sector breakdown

04
Financials 13.9%
Retail 13.2%
Energy 4.5%
Industrials 2.8%
Technology 1.7%
Utilities 0.3%
Consumer Discretionary 0.3%
Healthcare 0.2%
Communication Services 0.2%
Consumer Staples 0.1%
Other/Unmapped 62.8%

Full portfolio 36 positions

05
Type Streak 8Q trend
VT VANGUARD INTERNATIONAL EQUITY INDEX FUNDS $46,230,443 19.05% 294,150 $8,786,146 Up ×4
VEU VANGUARD INTERNATIONAL EQUITY INDEX FUNDS $43,489,422 17.92% 519,246 $5,596,628 Up ×2
SCHG SCHWAB STRATEGIC TRUST $32,331,125 13.33% 959,491 $22,035,785 Up ×2
V Visa Inc. $17,655,218 7.28% 51,460 $1,848,718 Down ×4
VTV VANGUARD INDEX FUNDS $17,052,328 7.03% 78,198 $5,400,705 Up ×1
AZO AutoZone, Inc. Common Stock $16,785,077 6.92% 5,252 $-1,488,713 Down ×6
MA Mastercard Incorporated Common Stock $16,049,377 6.61% 31,249 $191,199 Down ×4
AMZN Amazon.com, Inc. - Common Stock $14,971,089 6.17% 62,834 $1,801,552 Down ×3
LECO Lincoln Electric Holdings, Inc. - Common Shares $6,543,759 2.70% 24,646 $5,552,172 Up ×1
SPMO Invesco Exchange-Traded Fund Trust II $4,333,752 1.79% 26,828 $-2,263,818 Down ×1
SCHX SCHWAB STRATEGIC TRUST $4,042,345 1.67% 137,965 Up ×1
XOM Exxon Mobil Corporation Common Stock $3,860,539 1.59% 28,237 $-907,202 Up ×4
AAPL Apple Inc. - Common Stock $3,272,435 1.35% 11,309 $402,595 Up ×1
CVX Chevron Corporation Common Stock $2,804,342 1.16% 16,918 $-696,011
VLO Valero Energy Corporation Common Stock $2,782,801 1.15% 10,685 $142,751
QQQ Invesco QQQ Trust, Series 1 $1,899,634 0.78% 2,580 $594,271 Up ×6
CNP CenterPoint Energy, Inc (Holding Co) Common Stock $843,514 0.35% 19,153 $16,855
DFAC Dimensional ETF Trust $696,674 0.29% 15,705 $86,378
SMH SMH $682,781 0.28% 1,041 $434,721 Up ×1
SPYM State Street SPDR Portfolio S&P 500 ETF $676,172 0.28% 7,694 $134,532 Up ×3
LNG Cheniere Energy, Inc. Common Stock $577,957 0.24% 2,418 $-108,212
VOO VANGUARD INDEX FUNDS $548,244 0.23% 798 $74,338 Up ×1
MSFT Microsoft Corporation - Common Stock $541,099 0.22% 1,451 $-3,159,457 Down ×3
DFAX Dimensional ETF Trust $431,691 0.18% 11,718 $33,631
LLY Eli Lilly and Company Common Stock $419,801 0.17% 350 $97,881
WMT Walmart Inc. - Common Stock $373,156 0.15% 3,319 $-39,290
VTI VANGUARD INDEX FUNDS $303,803 0.13% 621 Up ×1
OXY Occidental Petroleum Corporation Common Stock $303,773 0.13% 6,254 $-102,759
AVGO Broadcom Inc. - Common Stock $286,712 0.12% 759 $51,794
GOOG Alphabet Inc. - Class C Capital Stock $286,552 0.12% 811
PSX Phillips 66 Common Stock $286,163 0.12% 1,693 $-11,660 Up ×1
KO Coca-Cola Company (The) Common Stock $277,668 0.11% 3,417 $22,550 Up ×1
COP ConocoPhillips Common Stock $253,191 0.10% 2,435 $-52,847 Up ×1
PSN Parsons Corporation Common Stock $246,809 0.10% 4,711 $-8,386
GOOGL Alphabet Inc. - Class A Common Stock $246,585 0.10% 690
DFUV Dimensional ETF Trust $239,954 0.10% 4,362 $28,571

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
VT $46,230,443 19.05% up ×4
XOM $3,860,539 1.59% up ×4
QQQ $1,899,634 0.78% up ×6
SPYM $676,172 0.28% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
SCHX $4,042,345 137,965 1.67%
VTI $303,803 621 0.13%
GOOG $286,552 811 0.12%
GOOGL $246,585 690 0.10%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
SCHG Bought more +606K +$22.0M
VT Bought more +23K +$8.8M
VEU Bought more +15K +$5.6M
VTV Bought more +19K +$5.4M
SPMO Trimmed -32K -$2.3M
V Trimmed -838 +$1.8M
AMZN Trimmed -399 +$1.8M
AZO Trimmed -158 -$1.5M
XOM Bought more +135 -$907K
CVX Price move only +0 -$696K

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
IBDS June 30, 2026 1,420,636 $34,436,208
IBDT June 30, 2026 867,919 $21,984,386
IBDU June 30, 2026 923,433 $21,479,047
IBHG June 30, 2026 962,629 $21,302,987
IBHH June 30, 2026 868,688 $20,388,115
IBHI June 30, 2026 486,139 $11,318,778
MSCI Dec. 31, 2025 14,859 $8,430,890 -6.6%
CPRT Dec. 31, 2025 173,884 $7,819,563 -30.5%
SPGI June 30, 2026 16,734 $7,117,577 0.3%
ORLY Sept. 30, 2025 65,007 $5,859,081 -21.3%
ROP Sept. 30, 2025 9,411 $5,334,612 -28.9%
TSM March 31, 2026 17,139 $5,208,290 39.9%
EFX June 30, 2026 27,844 $5,013,915 -11.8%
SHW Sept. 30, 2025 14,314 $4,914,904 -7.7%
TDG Dec. 31, 2025 3,468 $4,570,893 -18.0%
ICE March 31, 2026 27,420 $4,441,011 -4.5%
TRU June 30, 2026 61,261 $4,238,663 -12.1%
ADBE Dec. 31, 2025 11,345 $4,001,949 -32.1%
GOOG March 31, 2026 12,377 $3,883,965 18.6%
SCHW Dec. 31, 2025 40,131 $3,831,308 -3.2%
LIN Sept. 30, 2025 8,025 $3,765,168 0.9%
BRO Dec. 31, 2025 39,734 $3,726,652 -24.8%
BLDR Sept. 30, 2025 31,028 $3,620,424 -53.6%
UNP June 30, 2025 14,311 $3,380,896 20.9%
HEI-A (filed as HEIA) Dec. 31, 2025 13,109 $3,330,866 No longer tracked
CMG Dec. 31, 2025 84,533 $3,312,887 -12.5%
OTIS Sept. 30, 2025 33,472 $3,249,062 -29.9%
NVO June 30, 2025 44,339 $3,078,900 -45.9%
MCO June 30, 2026 6,864 $2,994,336 -2.6%
NFLX March 31, 2026 30,945 $2,901,403 -30.3%
HON March 31, 2026 11,446 $2,232,970 -5.3%
ASML March 31, 2026 1,870 $2,000,638 41.4%
FICO March 31, 2026 1,139 $1,925,616 -38.1%
LOW March 31, 2026 6,063 $1,462,140 -23.5%
HEI March 31, 2026 3,770 $1,219,940 10.3%
DPZ June 30, 2025 2,443 $1,122,307 -34.0%
TXRH June 30, 2025 5,272 $878,453 -16.7%
CGGR March 31, 2026 16,084 $715,256
BRK-B (filed as BRKB) March 31, 2026 1,329 $668,022 No longer tracked
TSCO March 31, 2026 9,123 $456,265 -31.4%
VUG June 30, 2026 982 $428,928
RW Dec. 31, 2025 13,721 $347,561
GOOGL March 31, 2026 840 $262,920 19.5%
IBHJ June 30, 2026 9,621 $252,263
UNH March 31, 2026 717 $236,689 37.4%
SCHG Sept. 30, 2025 8,014 $233,943 13.6%
NVDA Sept. 30, 2025 1,367 $215,998 25.4%
WM Sept. 30, 2025 892 $204,139 -7.4%
HD June 30, 2025 546 $200,186 -22.9%
META March 31, 2026 303 $200,034 27.3%