Sector breakdown

04
Healthcare 12.8%
Technology 9.6%
Financials 5.7%
Industrials 4.8%
Communication Services 3.7%
Consumer Staples 3.6%
Consumer products 2.8%
Materials 1.9%
Retail 1.6%
Consumer Discretionary 1.1%
Energy 0.8%
Real Estate 0.8%
Utilities 0.1%
Other/Unmapped 50.7%

Full portfolio 170 positions

05
Type Streak 8Q trend
QQQ Invesco QQQ Trust, Series 1 $28,802,222 5.43% 39,112 $13,825,708 Up ×1
VEA VANGUARD TAX-MANAGED FUNDS $15,765,454 2.97% 221,270 $1,143,456 Down ×2
VUG VANGUARD INDEX FUNDS $14,971,113 2.82% 173,800 $5,456,516 Up ×1
VOO VANGUARD INDEX FUNDS $14,465,139 2.73% 21,061 $5,322,269 Up ×4
VTV VANGUARD INDEX FUNDS $13,778,870 2.60% 63,226 $3,432,543 Up ×3
VBK VANGUARD INDEX FUNDS $12,999,430 2.45% 35,547 $4,374,239 Up ×4
VWO VANGUARD INTERNATIONAL EQUITY INDEX FUNDS $12,411,719 2.34% 207,936 $515,825 Down ×2
VBR VANGUARD INDEX FUNDS $10,007,955 1.89% 41,187 $1,755,806 Up ×4
QYLD Global X NASDAQ 100 Covered Call ETF $9,467,284 1.78% 513,689 $2,776,008 Up ×1
VOE VANGUARD INDEX FUNDS $9,224,017 1.74% 46,680 $1,112,129 Up ×3
RYLD Global X Funds $8,082,825 1.52% 505,492 $1,048,208 Up ×2
XYLD Global X Funds $7,580,791 1.43% 185,849 $1,906,116 Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock $7,396,727 1.39% 12,733 $6,471,324 Up ×1
NVDA NVIDIA Corporation - Common Stock $6,906,161 1.30% 34,515 $816,633 Down ×2
JNJ Johnson & Johnson Common Stock $6,711,944 1.27% 26,428 $1,103,770 Up ×1
YYY Amplify ETF Trust $6,485,521 1.22% 562,491 $529,818 Up ×5
MU Micron Technology, Inc. - Common Stock $5,826,495 1.10% 5,048 $2,579,857 Down ×2
VNQ VANGUARD SPECIALIZED FUNDS $5,660,691 1.07% 58,703 $1,364,329 Up ×1
MRK Merck & Company, Inc. Common Stock (new) $5,505,496 1.04% 42,844 $571,292 Up ×1
LLY Eli Lilly and Company Common Stock $5,224,135 0.98% 4,356 $1,626,921 Up ×5
GOOGL Alphabet Inc. - Class A Common Stock $5,069,897 0.96% 14,187 $800,665 Down ×2
FLEX Flex Ltd. - Ordinary Shares $5,066,632 0.96% 31,262 $1,204,557 Down ×2
MSFT Microsoft Corporation - Common Stock $5,027,090 0.95% 13,477 $108,066 Up ×5
KMB Kimberly-Clark Corporation - Common Stock $5,021,420 0.95% 45,745 $1,041,582 Up ×5
MO Altria Group, Inc. $4,991,838 0.94% 69,379 $407,402 Down ×2
HALO Halozyme Therapeutics, Inc. - Common Stock $4,960,440 0.94% 63,376 $1,623,464 Up ×1
AOS A.O. Smith Corporation Common Stock $4,945,059 0.93% 78,843 $1,124,192 Up ×1
PG Procter & Gamble Company (The) Common Stock $4,934,300 0.93% 33,649 $657,170 Up ×1
TROW T. Rowe Price Group, Inc. - Common Stock $4,906,823 0.93% 43,160 $602,075 Down ×1
PGR Progressive Corporation (The) Common Stock $4,899,048 0.92% 22,426 Up ×1
V Visa Inc. $4,883,101 0.92% 14,233 $4,530,577 Up ×1
IGLD First Trust Exchange-Traded Fund $4,859,795 0.92% 230,760 $-2,329,337 Down ×3
JEPI J.P. Morgan Exchange-Traded Fund Trust $4,859,215 0.92% 86,034 $-1,148,176 Down ×1
ITW Illinois Tool Works Inc. Common Stock $4,854,292 0.92% 17,948 $746,998 Up ×1
SNA Snap-On Incorporated Common Stock $4,851,653 0.91% 12,057 $545,729 Up ×1
MMSI Merit Medical Systems, Inc. - Common Stock $4,808,729 0.91% 69,350 $1,484,235 Up ×5
THC Tenet Healthcare Corporation Common Stock $4,800,099 0.90% 25,658 $1,753,753 Up ×1
EXEL Exelixis, Inc. - Common Stock $4,769,798 0.90% 87,664 $963,697 Down ×1
AVGO Broadcom Inc. - Common Stock $4,703,319 0.89% 12,451 $351,918 Down ×1
CL Colgate-Palmolive Company Common Stock $4,696,782 0.89% 51,230 $720,195 Up ×1
RL Ralph Lauren Corporation Common Stock $4,688,704 0.88% 11,681 $1,067,277 Up ×3
NBIX Neurocrine Biosciences, Inc. - Common Stock $4,622,579 0.87% 27,428 $951,380 Down ×1
AVY Avery Dennison Corporation Common Stock $4,587,074 0.86% 28,254 $598,138 Up ×1
META Meta Platforms, Inc. - Class A Common Stock $4,584,843 0.86% 8,139 $3,801,100 Up ×2
ELAN Elanco Animal Health Incorporated Common Stock $4,584,031 0.86% 186,267 $1,148,066 Up ×1
AAPL Apple Inc. - Common Stock $4,582,950 0.86% 15,838 $92,217 Down ×2
GIS General Mills, Inc. Common Stock $4,574,437 0.86% 131,449 $850,448 Up ×5
KHC The Kraft Heinz Company - Common Stock $4,517,337 0.85% 191,251 $343,232 Up ×3
CMCSA Comcast Corporation - Class A Common Stock $4,502,199 0.85% 183,389 $290,507 Up ×1
PODD Insulet Corporation - Common Stock $4,459,707 0.84% 29,292 $1,333,721 Up ×5
UHS Universal Health Services, Inc. Common Stock $4,431,125 0.84% 29,801 Up ×1
PEP PepsiCo, Inc. - Common Stock $4,418,321 0.83% 32,632 $52,866 Up ×1
PAYX Paychex, Inc. - Common Stock $4,414,815 0.83% 44,898 Up ×1
TOST Toast, Inc. Class A Common Stock $4,378,785 0.83% 157,397 $889,777 Up ×1
GILD Gilead Sciences, Inc. - Common Stock $4,361,698 0.82% 34,523 $121,037 Up ×1
HYGV FlexShares Trust $4,318,665 0.81% 107,269 $187,767 Up ×3
CF CF Industries Holdings, Inc. Common Stock $4,241,220 0.80% 39,176 $-1,249,682 Down ×2
UTHR United Therapeutics Corporation - Common Stock $4,239,278 0.80% 7,824 $-1,715 Up ×1
VZ Verizon Communications Inc. Common Stock $4,219,147 0.80% 99,649 $-565,185 Up ×1
EOG EOG Resources, Inc. Common Stock $4,214,836 0.79% 32,489 $-827,428 Down ×2
VICI VICI Properties Inc. Common Stock $4,170,420 0.79% 157,078 $97,314 Up ×5
IDV iShares Trust $4,104,082 0.77% 99,061 $-41,506 Up ×1
DGRO iShares Trust $4,079,687 0.77% 53,829 $156,202 Down ×4
MPWR Monolithic Power Systems, Inc. - Common Stock $4,047,044 0.76% 2,928 $287,006 Down ×2
APP Applovin Corporation - Class A Common Stock $3,923,476 0.74% 7,615 $627,638 Down ×1
CHWY Chewy, Inc. Class A Common Stock $3,859,378 0.73% 196,406 $183,598 Up ×4
CME CME Group Inc. - Class A Common Stock $3,741,191 0.71% 16,941 $-582,828 Up ×1
ZM Zoom Communications, Inc. - Class A Common Stock $3,521,189 0.66% 40,797 $-457,794 Down ×1
CBOE Cboe Global Markets, Inc. Common Stock $3,496,072 0.66% 14,407 $-748,835 Down ×3
WRB W.R. Berkley Corporation Common Stock $3,426,753 0.65% 48,586 $206,489
WMT Walmart Inc. - Common Stock $3,199,667 0.60% 28,251 $-359,453 Down ×1
DVYE iShares, Inc. $3,019,269 0.57% 93,679 $-104,923 Up ×1
CWB SPDR SERIES TRUST $2,989,796 0.56% 27,730 $184,284 Down ×1
ACN Accenture plc Class A Ordinary Shares (Ireland) $2,907,486 0.55% 23,365 $-1,373,309 Up ×2
VOT VANGUARD INDEX FUNDS $2,806,166 0.53% 9,161 $-826,967 Down ×3
VYM VANGUARD WHITEHALL FUNDS $2,806,017 0.53% 17,756 $183,432 Up ×1
VB VANGUARD INDEX FUNDS $2,741,599 0.52% 9,045 $1,020,599 Up ×4
VCIT Vanguard Intermediate-Term Corporate Bond ETF $2,733,252 0.52% 33,070 $-154,608 Down ×1
VIG VANGUARD SPECIALIZED FUNDS $2,702,488 0.51% 11,421 $425,541 Up ×5
JNK SPDR SERIES TRUST $2,441,238 0.46% 25,332 $251,825 Up ×1
VMBS Vanguard Mortgage-Backed Securities ETF $2,421,040 0.46% 51,721 $492,679 Up ×4
ICSH iShares U.S. ETF Trust $2,392,014 0.45% 47,292 $994,251 Up ×1
VGIT Vanguard Intermediate-Term Treasury ETF $2,321,327 0.44% 39,358 $256,766 Up ×1
BND Vanguard Total Bond Market ETF $2,305,212 0.43% 31,402 $-697,995 Down ×1
SPYD SPDR SERIES TRUST $2,249,042 0.42% 47,140 $133,763 Up ×3
SHYG iShares Trust $2,202,097 0.42% 51,924 $161,609 Up ×1
VGLT Vanguard Long-Term Treasury ETF $2,127,556 0.40% 38,557 $-5,986 Up ×1
VTI VANGUARD INDEX FUNDS $1,839,063 0.35% 4,970 $253,689 Up ×2
XLE SELECT SECTOR SPDR TRUST $1,834,087 0.35% 34,534 $-376,177 Down ×1
PFF iShares Preferred and Income Securities ETF $1,819,129 0.34% 59,663 $140,205 Up ×2
HYD VanEck ETF Trust $1,809,654 0.34% 35,132 $494,270 Up ×4
GLDM SPDR Gold MiniShares Trust $1,738,345 0.33% 21,888 $-2,558,578 Down ×3
AMGN Amgen Inc. - Common Stock $1,621,135 0.31% 4,477 $41,275 Down ×4
KBWD Invesco KBW High Dividend Yield Financial ETF $1,596,082 0.30% 128,509 $68,942 Up ×1
SPYG SPDR SERIES TRUST $1,559,189 0.29% 13,104 $124,289 Down ×4
XLP XLP $1,495,842 0.28% 18,007 $99,656 Up ×2
RSP Invesco Exchange-Traded Fund Trust $1,190,986 0.22% 5,598 $246,313 Up ×4
AOK iShares Trust $1,100,414 0.21% 26,529 $64,470 Up ×1
SPSB SPDR SERIES TRUST $1,026,794 0.19% 34,215 $33,085 Up ×1
CVS CVS Health Corporation Common Stock $1,013,963 0.19% 9,801 $316,242 Up ×2

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
VOO $14,465,139 2.73% up ×4
VTV $13,778,870 2.60% up ×3
VBK $12,999,430 2.45% up ×4
VBR $10,007,955 1.89% up ×4
VOE $9,224,017 1.74% up ×3
YYY $6,485,521 1.22% up ×5
LLY $5,224,135 0.98% up ×5
MSFT $5,027,090 0.95% up ×5
KMB $5,021,420 0.95% up ×5
MMSI $4,808,729 0.91% up ×5
RL $4,688,704 0.88% up ×3
GIS $4,574,437 0.86% up ×5
KHC $4,517,337 0.85% up ×3
PODD $4,459,707 0.84% up ×5
HYGV $4,318,665 0.81% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
PGR $4,899,048 22,426 0.92%
UHS $4,431,125 29,801 0.84%
PAYX $4,414,815 44,898 0.83%
VGSH $782,918 13,452 0.15%
XOVR $738,034 35,061 0.14%
PANW $352,274 1,033 0.07%
IJR $264,999 1,787 0.05%
SPYV $259,256 4,265 0.05%
FTEC $247,708 867 0.05%
DIA $217,045 415 0.04%
GLW $210,542 824 0.04%
GEV $204,493 174 0.04%
AXP $202,539 599 0.04%
A $201,503 1,517 0.04%
KEYS $201,290 575 0.04%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
QQQ Bought more +13K +$13.8M
VUG Bought more +152K +$5.5M
VOO Bought more +6K +$5.3M
VBK Bought more +7K +$4.4M
VTV Bought more +10K +$3.4M
QYLD Bought more +124K +$2.8M
MU Trimmed -5K +$2.6M
GLDM Trimmed -24K -$2.6M
IGLD Trimmed -51K -$2.3M
XYLD Bought more +41K +$1.9M

3 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
VXF June 30, 2025 100,057 $19,193,175
XAR June 30, 2025 139,337 $8,571,634
FOXA June 30, 2026 78,622 $4,591,510 19.4%
HIMS June 30, 2026 218,753 $4,541,312 -16.4%
USB March 31, 2026 83,747 $4,468,733 10.6%
DGX Dec. 31, 2025 22,798 $4,344,880 34.5%
HSY Dec. 31, 2025 22,122 $4,137,988 -12.0%
CAG June 30, 2026 236,192 $3,712,933 -0.7%
CHTR March 31, 2026 17,566 $3,666,903 -49.4%
PANW March 31, 2026 19,613 $3,612,715 151.5%
PINS March 31, 2026 133,264 $3,450,205 5.0%
ABT June 30, 2026 32,859 $3,373,641 7.4%
COP Sept. 30, 2025 37,374 $3,353,987 34.0%
PHM June 30, 2026 28,415 $3,341,869 -15.7%
DECK June 30, 2026 33,189 $3,321,887 -20.3%
CNC Dec. 31, 2025 75,744 $2,702,546 53.1%
JBL Dec. 31, 2025 11,607 $2,520,672 33.5%
WSM Dec. 31, 2025 12,070 $2,359,018 30.1%
DHI Dec. 31, 2025 13,564 $2,298,727 -6.3%
XLC June 30, 2025 22,485 $2,101,574 1.6%
LAD Sept. 30, 2025 5,937 $2,005,512 -2.6%
LNTH Sept. 30, 2025 24,170 $1,978,556 94.9%
FDN June 30, 2025 93,408 $1,964,400
MDLZ June 30, 2025 27,909 $1,893,643 -13.7%
OPCH Sept. 30, 2025 57,565 $1,869,711 -18.4%
GAP Sept. 30, 2025 84,824 $1,850,019 5.2%
WCLD June 30, 2025 28,518 $1,495,833
PGHY June 30, 2025 63,539 $967,856
XOM June 30, 2026 4,671 $792,473 20.0%
AVT June 30, 2025 12,281 $590,606 101.5%
SCHF June 30, 2025 24,001 $583,049 26.3%
IEMG June 30, 2025 19,400 $581,854
AN June 30, 2025 3,326 $538,545 -18.2%
INCY June 30, 2025 8,377 $507,230 69.3%
TOL June 30, 2025 4,710 $497,493 19.7%
SKX June 30, 2025 8,580 $487,173 No longer tracked
FSTA June 30, 2025 5,867 $467,385
SPYV Dec. 31, 2025 7,518 $415,968
VGT Dec. 31, 2025 525 $391,981
VGT June 30, 2026 530 $369,792
EXC June 30, 2025 7,181 $330,906 -6.2%
MRSH June 30, 2025 1,289 $314,445 -22.2%
PH June 30, 2026 345 $308,529 -0.6%
IWR Dec. 31, 2025 3,171 $306,118 12.5%
CVX June 30, 2026 1,382 $285,999 24.7%
BX June 30, 2026 2,474 $284,495 -5.0%
CIBR Sept. 30, 2025 3,600 $272,114
CRM March 31, 2026 1,016 $269,263 25.7%
MAR June 30, 2025 1,126 $268,216 31.4%
VGSH March 31, 2026 4,562 $267,926
MA June 30, 2026 530 $264,741 7.5%
QBTS March 31, 2026 10,000 $261,500 No longer tracked
FTEC March 31, 2026 1,156 $259,825
CPB March 31, 2026 8,979 $250,255 -11.9%
IYT Sept. 30, 2025 3,621 $248,172 11.8%
T June 30, 2026 8,522 $247,041 17.4%
PNC June 30, 2025 1,406 $247,034 18.6%
IHI Sept. 30, 2025 3,873 $242,614 -14.1%
MBB Sept. 30, 2025 2,565 $240,867
AXP March 31, 2026 633 $234,180 0.1%
SOXL March 31, 2026 5,365 $225,490
UNH Dec. 31, 2025 651 $224,727 12.7%
GLD June 30, 2026 518 $222,890
VHT June 30, 2025 877 $222,741
PAVE Sept. 30, 2025 4,972 $216,694
SGOL June 30, 2026 4,846 $216,229 3.2%
T Sept. 30, 2025 7,466 $216,061 -14.0%
UBER March 31, 2026 2,627 $214,652 -5.3%
WST June 30, 2025 956 $214,029 66.8%
IWF Dec. 31, 2025 449 $210,543 6.7%
IVW March 31, 2026 1,682 $207,293 26.7%
A March 31, 2026 1,520 $206,827 47.2%
IGV Dec. 31, 2025 1,795 $206,446 0.3%
NOW Sept. 30, 2025 200 $205,616 -27.0%
HDV March 31, 2026 1,671 $203,199 4.2%
BMY June 30, 2025 3,307 $201,660 32.1%
IOVA June 30, 2025 10,050 $33,467 726.5%
QVCGA (filed as QVCGAXXXX) June 30, 2025 15,000 $3,017 No longer tracked