Performance vs S&P 500

03
Tracked Q4 2025–Q2 2026 +7.3%
S&P 500 total return (same window) +8.7%
Excess return -1.4%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 87.3% · Options excluded: 0.0%

Sector breakdown

04
Technology 14.7%
Industrials 10.3%
Energy 8.7%
Financials 6.8%
Communication Services 4.6%
Healthcare 4.5%
Retail 2.0%
Materials 1.8%
Consumer Discretionary 1.7%
Real Estate 1.2%
Consumer products 1.0%
Utilities 0.6%
Consumer Staples 0.3%
Other/Unmapped 41.7%

Full portfolio 135 positions

05
Type Streak 8Q trend
STNG Scorpio Tankers Inc. Common Shares $12,644,798 3.99% 182,570 $-1,555,513 Up ×1
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF $12,234,958 3.86% 233,447 $1,632,715 Up ×2
IVV iShares Trust $11,583,989 3.65% 15,468 $144,356 Down ×2
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF $10,810,472 3.41% 203,319 $330,925 Up ×2
GSLC Goldman Sachs ETF Trust $10,574,198 3.33% 74,524 $359,258 Up ×1
ASC Ardmore Shipping Corporation Common Stock $10,013,438 3.16% 714,735 $-1,500,364 Up ×1
NOBL ProShares Trust $8,043,548 2.54% 143,226 $991,813 Up ×1
VO VANGUARD INDEX FUNDS $7,811,062 2.46% 96,948 $1,547,859 Up ×1
IWS iShares Trust $7,639,250 2.41% 46,411 $927,929 Up ×1
COHR Coherent Corp. Common Stock $7,429,448 2.34% 18,834 $-1,146,627 Down ×2
IWP iShares Trust $7,170,869 2.26% 48,978 $1,195,185 Up ×1
ADI Analog Devices, Inc. - Common Stock $6,893,604 2.17% 17,357 $935,932 Down ×2
CSCO Cisco Systems, Inc. - Common Stock $6,372,439 2.01% 54,252 $2,140,997 Up ×1
TXN Texas Instruments Incorporated - Common Stock $5,765,567 1.82% 19,343 $1,757,091 Up ×1
RSP Invesco Exchange-Traded Fund Trust $5,122,969 1.62% 24,077 $2,389,918 Up ×1
IJH iShares Trust $5,043,290 1.59% 65,404 $943,793 Up ×1
XLK SELECT SECTOR SPDR TRUST $4,914,090 1.55% 25,793
AAPL Apple Inc. - Common Stock $4,761,709 1.50% 16,456 $739,414 Up ×2
CAT Caterpillar, Inc. Common Stock $4,598,238 1.45% 4,318 $1,501,282 Up ×1
ARCC Ares Capital Corporation - Closed End Fund $4,518,633 1.43% 243,855 $597,444 Up ×2
JNJ Johnson & Johnson Common Stock $4,426,444 1.40% 17,429 $646,201 Up ×1
TMUS T-Mobile US, Inc. - Common Stock $4,409,286 1.39% 26,288 $-1,052,481 Up ×2
JPM JP Morgan Chase & Co. Common Stock $4,322,945 1.36% 13,207 $2,832,065 Up ×1
XLF SELECT SECTOR SPDR TRUST $3,956,988 1.25% 73,811 $-117,995 Down ×2
IEFA iShares Trust $3,558,224 1.12% 36,842 $1,992,690 Up ×1
IWN iShares Trust $3,521,283 1.11% 15,919 $473,918 Up ×1
MSFT Microsoft Corporation - Common Stock $3,512,988 1.11% 9,418 $3,699 Up ×1
IWO iShares Trust $3,501,122 1.10% 8,887 $685,864 Up ×1
ONTO Onto Innovation Inc. Common Stock $3,403,022 1.07% 8,992 $-967,495 Down ×2
VWO VANGUARD INTERNATIONAL EQUITY INDEX FUNDS $3,321,133 1.05% 55,640 $-550,872 Down ×2
VTWO Vanguard Russell 2000 ETF $2,889,994 0.91% 23,802 $572,353 Up ×1
MPT Medical Properties Trust, Inc. common stock $2,874,019 0.91% 622,082 $1,468,906 Up ×2
ITW Illinois Tool Works Inc. Common Stock $2,852,647 0.90% 10,547 $-183,903 Down ×2
MCD McDonald's Corporation Common Stock $2,843,931 0.90% 10,521 $-377,046 Up ×1
AMGN Amgen Inc. - Common Stock $2,751,463 0.87% 7,598 $207,600 Up ×1
IBM International Business Machines Corporation Common Stock $2,750,796 0.87% 9,782 $323,294 Up ×1
XLI SELECT SECTOR SPDR TRUST $2,683,468 0.85% 14,487 $975,324 Up ×1
AVGO Broadcom Inc. - Common Stock $2,669,560 0.84% 7,067 $489,727 Up ×1
IEMG iShares, Inc. $2,622,276 0.83% 31,655 $1,213,666 Up ×1
RTX RTX Corporation Common Stock $2,469,336 0.78% 13,015 $-72,761 Up ×1
V Visa Inc. $2,418,785 0.76% 7,050 $356,200 Up ×2
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $2,285,605 0.72% 2,995 $1,220,354 Up ×2
EEM iShares, Inc. $2,277,985 0.72% 33,299 $1,115,060 Up ×2
MP MP Materials Corp. Common Stock $2,267,566 0.72% 40,485 $340,031 Up ×1
SHYG iShares Trust $2,254,770 0.71% 53,166 $345,937 Up ×2
AMAT Applied Materials, Inc. - Common Stock $2,132,850 0.67% 2,950 $1,070,016 Down ×2
NVDA NVIDIA Corporation - Common Stock $2,127,958 0.67% 10,635 $181,989 Up ×1
UPS United Parcel Service, Inc. Common Stock $2,004,768 0.63% 18,649 $807,855 Up ×1
XYL Xylem Inc. Common Stock New $1,898,215 0.60% 16,058 $-133,375 Up ×1
QCOM QUALCOMM Incorporated - Common Stock $1,897,423 0.60% 10,268 $534,069 Down ×2
LOW Lowe's Companies, Inc. Common Stock $1,841,753 0.58% 8,353 $-359,501 Down ×2
BX Blackstone Inc. Common Stock $1,834,946 0.58% 15,594 $1,146,358 Up ×1
PPG PPG Industries, Inc. Common Stock $1,756,278 0.55% 14,480 $234,830 Up ×1
PG Procter & Gamble Company (The) Common Stock $1,752,464 0.55% 11,951 $48,364 Up ×1
PSX Phillips 66 Common Stock $1,742,568 0.55% 10,308 $-4,561,698 Down ×2
BLK BlackRock, Inc. Common Stock $1,735,615 0.55% 1,805 $-63,153 Down ×2
TDIV First Trust NASDAQ Technology Dividend Index Fund $1,602,117 0.51% 13,946 $1,314,044 Up ×1
CDNS Cadence Design Systems, Inc. - Common Stock $1,527,928 0.48% 4,071 $460,431 Up ×1
COST Costco Wholesale Corporation - Common Stock $1,500,494 0.47% 1,604 $-132,577 Up ×1
CVX Chevron Corporation Common Stock $1,484,049 0.47% 8,953 $1,120,530 Up ×2
XLU XLU $1,448,793 0.46% 31,954 $13,431 Up ×1
GD General Dynamics Corporation Common Stock $1,402,081 0.44% 3,958 $411,015 Up ×2
CEG Constellation Energy Corporation - Common Stock When-Issued $1,338,963 0.42% 5,391 $141,829 Up ×2
IR Ingersoll Rand Inc. Common Stock $1,312,005 0.41% 16,002 $869,087 Up ×2
ABT Abbott Laboratories Common Stock $1,308,108 0.41% 14,416 $-28,277 Up ×2
EMR Emerson Electric Company Common Stock $1,186,427 0.37% 8,288 $-647,233 Down ×2
TTWO Take-Two Interactive Software, Inc. - Common Stock $1,180,656 0.37% 4,723 $544,070 Up ×2
NOW ServiceNow, Inc. Common Stock $1,176,070 0.37% 11,846 $324,880 Up ×2
MSI Motorola Solutions, Inc. Common Stock $1,163,227 0.37% 2,801 Up ×1
GWW W.W. Grainger, Inc. Common Stock $1,159,061 0.37% 852 $206,994 Up ×1
RGTI Rigetti Computing, Inc. - Common stock $1,157,577 0.37% 59,916 $350,180 Up ×1
MMM 3M Company Common Stock $1,137,417 0.36% 7,025 $375,049 Up ×1
Unknown issuer (CUSIP: 438516205) $1,133,157 0.36% 5,061 Up ×1
ABBV AbbVie Inc. Common Stock $1,121,560 0.35% 4,457 $217,701 Up ×1
Unknown issuer (CUSIP: 43849R105) $1,118,886 0.35% 5,061 Up ×1
IONQ IonQ, Inc. Common Stock $1,118,354 0.35% 20,998 $571,909 Up ×2
ICE Intercontinental Exchange Inc. Common Stock $1,107,744 0.35% 8,998 $693,123 Up ×1
VEA VANGUARD TAX-MANAGED FUNDS $1,094,757 0.35% 15,365 $-1,756,162 Down ×2
META Meta Platforms, Inc. - Class A Common Stock $1,065,745 0.34% 1,892 $36,312 Up ×1
AJG Arthur J. Gallagher & Co. Common Stock $1,062,679 0.34% 4,629 $200,291 Up ×1
PANW Palo Alto Networks, Inc. - Common Stock $1,053,752 0.33% 3,090 $549,433
HD Home Depot, Inc. (The) Common Stock $1,045,343 0.33% 2,964 $300,126 Up ×1
MDT Medtronic plc. Ordinary Shares $1,043,980 0.33% 13,345 $-454,023 Down ×2
TPR Tapestry, Inc. Common Stock $1,027,880 0.32% 7,022 $-111,746 Down ×2
ADSK Autodesk, Inc. - Common Stock $1,023,815 0.32% 5,266 $21,022 Up ×2
MA Mastercard Incorporated Common Stock $1,006,656 0.32% 1,960 $117,971 Up ×1
RL Ralph Lauren Corporation Common Stock $991,884 0.31% 2,471 $303,501 Up ×1
SPGI S&P Global Inc. Common Stock $987,606 0.31% 2,425 $321,894 Up ×2
XLB XLB $983,052 0.31% 19,340 Up ×1
GILD Gilead Sciences, Inc. - Common Stock $979,893 0.31% 7,756 $-96,433 Up ×1
TSCO Tractor Supply Company - Common Stock $974,094 0.31% 30,816 $623,271 Up ×2
IWM iShares Trust $945,517 0.30% 3,147 $-1,150,744 Down ×2
LLY Eli Lilly and Company Common Stock $916,365 0.29% 764 $-50,089 Down ×2
KO Coca-Cola Company (The) Common Stock $891,287 0.28% 10,967 $58,645 Up ×1
UNP Union Pacific Corporation Common Stock $889,712 0.28% 3,271 $-228,857 Down ×2
WDAY Workday, Inc. - Class A Common Stock $880,199 0.28% 7,190 $444,799 Up ×2
CL Colgate-Palmolive Company Common Stock $795,415 0.25% 8,676 Up ×1
WTW Willis Towers Watson Public Limited Company - Ordinary Shares $788,814 0.25% 3,018 $321,217 Up ×2
CB Chubb Limited Common Stock $771,095 0.24% 2,263 $22,831 Up ×1
ORLY O'Reilly Automotive, Inc. - Common Stock $761,768 0.24% 8,272 $32,785 Up ×1

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
XLK $4,914,090 25,793 1.55%
MSI $1,163,227 2,801 0.37%
Unknown issuer (CUSIP: 438516205) $1,133,157 5,061 0.36%
Unknown issuer (CUSIP: 43849R105) $1,118,886 5,061 0.35%
XLB $983,052 19,340 0.31%
CL $795,415 8,676 0.25%
PH $596,654 610 0.19%
VLO $567,499 2,179 0.18%
LIN $549,039 1,058 0.17%
Unknown issuer (CUSIP: 84615Q103) $415,703 2,433 0.13%
ASML $230,775 116 0.07%
BAC $219,373 3,850 0.07%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
PSX Trimmed -23K -$4.6M
JPM Bought more +8K +$2.8M
RSP Bought more +12K +$2.4M
CSCO Bought more +4K +$2.1M
IEFA Bought more +22K +$2.0M
TXN Bought more +296 +$1.8M
VEA Trimmed -25K -$1.8M
IGSB Bought more +46K +$1.6M
STNG Bought more +2K -$1.6M
VO Bought more +78K +$1.5M

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 11,120 $2,706,362 -4.4%
JKHY June 30, 2026 15,484 $2,652,907 3.5%
ACN June 30, 2026 6,759 $1,433,469 59.8%
FDS June 30, 2026 5,460 $1,351,053 15.6%
NKE June 30, 2026 18,284 $873,327 -17.5%
ZTS June 30, 2026 5,097 $649,614 -3.0%
MKC June 30, 2026 10,881 $596,849 -11.4%
APD June 30, 2026 1,674 $511,658 -5.3%
BRO June 30, 2026 5,961 $432,764 -6.6%
ADBE June 30, 2026 1,417 $390,373 15.9%
INTU June 30, 2026 684 $339,674 7.7%
EWBC March 31, 2026 3,000 $337,170 18.2%
ADP June 30, 2026 1,314 $274,800 15.1%
PAYX March 31, 2026 2,210 $247,918 7.4%
ALGN June 30, 2026 1,322 $246,688 -14.8%
WPM June 30, 2026 1,701 $233,574 21.3%
BAC March 31, 2026 3,850 $211,750 10.3%
QBTS March 31, 2026 7,900 $206,585 No longer tracked
XLK March 31, 2026 1,392 $200,408 50.3%
SOUN June 30, 2026 26,199 $180,281 -9.7%