Performance vs S&P 500

03
Tracked Q1 2025–Q3 2026 +50.4%

Annualized: +31.2%

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: 98.8% · Options excluded: 0.0%

Sector breakdown

04
Technology 38.3%
Industrials 16.2%
Healthcare 14.5%
Financials 10.2%
Communication Services 5.2%
Retail 5.0%
Materials 2.1%
Real Estate 1.8%
Energy 1.6%
Utilities 1.1%
Consumer Discretionary 0.3%
Consumer Staples 0.2%
Other/Unmapped 3.5%

Full portfolio 102 positions

05
Type Streak 8Q trend
LLY Eli Lilly and Company Common Stock $24,064,238 10.51% 20,797 $1,468,248 Up ×1
AAPL Apple Inc. - Common Stock $23,663,935 10.33% 71,059 $4,822,365 Up ×1
MSFT Microsoft Corporation - Common Stock $10,174,484 4.44% 19,837 $3,706,732 Up ×2
TSM Taiwan Semiconductor Manufacturing Company Ltd. $8,631,461 3.77% 18,921 $266,783 Up ×2
AMD Advanced Micro Devices, Inc. - Common Stock $8,391,512 3.66% 13,717 $400,514 Down ×3
NVDA NVIDIA Corporation - Common Stock $8,380,509 3.66% 36,695 $1,838,166 Up ×1
AVGO Broadcom Inc. - Common Stock $7,812,197 3.41% 22,245 $420,537 Up ×1
CLS Celestica, Inc. Common Stock $7,549,035 3.30% 20,872 $-65,779 Down ×3
PANW Palo Alto Networks, Inc. - Common Stock $5,887,737 2.57% 14,819 $972,275 Up ×1
CAT Caterpillar, Inc. Common Stock $5,387,734 2.35% 6,645 $-965,549 Up ×1
BE Bloom Energy Corporation Class A Common Stock $4,757,685 2.08% 17,177 $-459,652 Down ×1
GOOG Alphabet Inc. - Class C Capital Stock $4,274,402 1.87% 12,544 $66,595 Up ×1
DELL Dell Technologies Inc. Class C Common Stock $4,071,744 1.78% 7,569 $980,333 Up ×1
RIO Rio Tinto Plc Common Stock $3,762,444 1.64% 39,954 $439,514 Up ×2
CSCO Cisco Systems, Inc. - Common Stock $3,350,731 1.46% 31,132 $153,585 Up ×2
JPM JP Morgan Chase & Co. Common Stock $3,151,452 1.38% 9,526 $355,598 Up ×1
MS Morgan Stanley Common Stock $2,789,603 1.22% 14,832 $-194,443 Up ×1
ETN Eaton Corporation, PLC Ordinary Shares $2,666,780 1.16% 6,206 $450,956 Up ×1
RTX RTX Corporation Common Stock $2,549,717 1.11% 13,734 $147,925 Up ×1
DE Deere & Company Common Stock $2,457,201 1.07% 3,659 $266,225 Up ×1
BBY Best Buy Co., Inc. Common Stock $2,437,012 1.06% 27,618 $771,750 Up ×1
KLAC KLA Corporation - Common Stock $2,412,649 1.05% 12,377 $-1,147,529 Up ×2
IBM International Business Machines Corporation Common Stock $2,333,514 1.02% 10,610 $-125,019 Up ×1
TJX TJX Companies, Inc. (The) Common Stock $2,287,067 1.00% 17,286 $-216,117 Up ×2
CFG Citizens Financial Group, Inc. Common Stock $2,268,645 0.99% 35,581 $-112,824 Up ×1
Unknown issuer (CUSIP: 30233Q108) $2,242,757 0.98% 13,780 Up ×1
V Visa Inc. $2,209,880 0.96% 6,150 $453,259 Up ×2
Unknown issuer (CUSIP: 30609A109) $2,185,470 0.95% 25,630 Up ×1
COF Capital One Financial Corporation Common Stock $2,159,295 0.94% 11,184 $101,536 Up ×1
MET MetLife, Inc. Common Stock $2,142,422 0.94% 22,753 $250,204 Up ×1
MDT Medtronic plc. Ordinary Shares $2,098,527 0.92% 24,319
CVX Chevron Corporation Common Stock $2,086,743 0.91% 10,219 $638,922 Up ×2
TT Trane Technologies plc $2,021,255 0.88% 4,472 $-39,652 Up ×1
USB U.S. Bancorp Common Stock $2,016,864 0.88% 34,918 Up ×1
QCOM QUALCOMM Incorporated - Common Stock $2,015,558 0.88% 10,952 $199,680 Up ×1
MSI Motorola Solutions, Inc. Common Stock $1,957,808 0.85% 4,390 $168,739 Up ×1
IRM Iron Mountain Incorporated (Delaware)Common Stock REIT $1,951,610 0.85% 17,590 $42,182 Up ×2
AMZN Amazon.com, Inc. - Common Stock $1,854,673 0.81% 7,444 $300,935 Up ×1
UPS United Parcel Service, Inc. Common Stock $1,808,625 0.79% 19,356 $-258,063 Up ×2
AMGN Amgen Inc. - Common Stock $1,765,249 0.77% 4,188 $530,148 Up ×2
MA Mastercard Incorporated Common Stock $1,748,160 0.76% 3,170 $192,466 Up ×2
KEYS Keysight Technologies Inc. Common Stock $1,706,255 0.74% 4,687 $155,095 Up ×2
HD Home Depot, Inc. (The) Common Stock $1,644,637 0.72% 5,781 $-160,732 Up ×2
LNC Lincoln National Corporation Common Stock $1,623,364 0.71% 40,322 $363,985 Up ×1
DUK Duke Energy Corporation (Holding Company) Common Stock $1,532,991 0.67% 13,446 $96,433 Up ×2
VMC Vulcan Materials Company (Holding Company) Common Stock $1,511,569 0.66% 6,179 $-312,773 Down ×2
BA Boeing Company (The) Common Stock $1,314,443 0.57% 7,065 $-94,127 Up ×1
KMI Kinder Morgan, Inc. Common Stock $1,312,309 0.57% 43,526 $10,970 Up ×2
O Realty Income Corporation Common Stock $1,309,120 0.57% 24,109 $38,698 Up ×2
NXPI NXP Semiconductors N.V. - Common Stock $1,216,154 0.53% 5,120 $-200,237 Up ×1
T AT&T Inc. $1,205,774 0.53% 49,417 $237,071 Up ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $1,198,214 0.52% 3,264 $-50,303 Up ×2
PRU Prudential Financial, Inc. Common Stock $1,197,276 0.52% 10,541 $122,141 Up ×1
DIOD Diodes Incorporated - Common Stock $1,106,794 0.48% 11,435 Up ×1
LIN Linde plc - Ordinary Shares $1,050,400 0.46% 2,213 $-27,957 Up ×2
CI The Cigna Group Common Stock $1,017,460 0.44% 3,743 $48,445 Up ×2
CHWY Chewy, Inc. Class A Common Stock $1,017,453 0.44% 55,904 $-89,707 Down ×2
MLM Martin Marietta Materials, Inc. Common Stock $935,629 0.41% 1,950 $-131,843 Up ×2
LOW Lowe's Companies, Inc. Common Stock $907,075 0.40% 4,922 $-113,794 Up ×2
RITM Rithm Capital Corp. Common Stock $874,595 0.38% 97,939 $132,287 Up ×2
CME CME Group Inc. - Class A Common Stock $858,508 0.37% 3,277 $95,761 Down ×1
DIS Walt Disney Company (The) Common Stock $856,089 0.37% 8,161 $144,320 Up ×1
NXT Nextpower Inc. - Class A Common Stock $854,970 0.37% 10,971 $-365,977 Up ×1
ASO Academy Sports and Outdoors, Inc. - Common Stock $846,913 0.37% 17,611 $79,024 Up ×1
GMED Globus Medical, Inc. Class A Common Stock $827,570 0.36% 11,049 $-112,412 Down ×2
FBND Fidelity Merrimack Street Trust $792,028 0.35% 18,292 $-40,059
FSLR First Solar, Inc. - Common Stock $773,331 0.34% 4,415 $-225,016 Up ×2
VST Vistra Corp. Common Stock $722,049 0.32% 5,219 $-28,588 Up ×1
ABBV AbbVie Inc. Common Stock $685,326 0.30% 2,620 $404,108 Up ×2
OBDC Blue Owl Capital Corporation Common Stock $583,873 0.25% 55,660 $54,395 Up ×1
JNJ Johnson & Johnson Common Stock $539,445 0.24% 2,038 $115,964 Up ×2
Unknown issuer (CUSIP: 438516205) $517,693 0.23% 2,440 $-29,394 Up ×1
WMT Walmart Inc. - Common Stock $516,171 0.23% 4,967 $87,482 Up ×1
KO Coca-Cola Company (The) Common Stock $502,882 0.22% 5,842 $119,679 Up ×1
MRK Merck & Company, Inc. Common Stock (new) $489,411 0.21% 3,368 $278,795 Up ×1
FIGB Fidelity Investment Grade Bond ETF $439,560 0.19% 10,800 $-23,004
FAAA Fidelity AAA CLO ETF $424,655 0.19% 8,450 Up ×1
ASML ASML Holding N.V. - New York Registry Shares $391,321 0.17% 216 $-6,567 Up ×1
Unknown issuer (CUSIP: 43849R105) $370,998 0.16% 2,394 $-149,866 Up ×1
SMH SMH $341,421 0.15% 561 Up ×1
IMCV iShares Morningstar Mid-Cap Value ETF $326,267 0.14% 3,556
ODFL Old Dominion Freight Line, Inc. - Common Stock $320,561 0.14% 1,844 $-78,849
SPY SPY $318,779 0.14% 418
LMT Lockheed Martin Corporation Common Stock $313,844 0.14% 616 $60,802 Up ×2
TXN Texas Instruments Incorporated - Common Stock $301,562 0.13% 1,077 $22,469 Up ×1
MCD McDonald's Corporation Common Stock $286,366 0.13% 1,240 $-163 Up ×1
EMR Emerson Electric Company Common Stock $279,097 0.12% 1,799
SPYI NEOS ETF Trust $271,699 0.12% 5,110 Up ×1
BMO Bank Of Montreal Common Stock $268,650 0.12% 1,606 $-13,690 Up ×3
GOOGL Alphabet Inc. - Class A Common Stock $256,455 0.11% 745 $15,468 Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $245,489 0.11% 493
NSC Norfolk Southern Corporation Common Stock $245,037 0.11% 793 $33,318 Up ×1
DINO HF Sinclair Corporation Common Stock $244,582 0.11% 2,279 Up ×1
ILMN Illumina, Inc. - Common Stock $235,638 0.10% 861 Up ×1
STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) $221,932 0.10% 241 Up ×1
AEE Ameren Corporation Common Stock $218,636 0.10% 2,200 $-30,052
ELV Elevance Health, Inc. Common Stock $213,462 0.09% 549
UNP Union Pacific Corporation Common Stock $202,193 0.09% 743
JBHT J.B. Hunt Transport Services, Inc. - Common Stock $201,645 0.09% 900 $-234,526 Down ×3
AVK Advent Convertible and Income Fund $130,876 0.06% 11,420

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
BMO $268,650 0.12% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
Unknown issuer (CUSIP: 30233Q108) $2,242,757 13,780 0.98%
Unknown issuer (CUSIP: 30609A109) $2,185,470 25,630 0.95%
MDT $2,098,527 24,319 0.92%
USB $2,016,864 34,918 0.88%
DIOD $1,106,794 11,435 0.48%
FAAA $424,655 8,450 0.19%
SMH $341,421 561 0.15%
IMCV $326,267 3,556 0.14%
SPY $318,779 418 0.14%
EMR $279,097 1,799 0.12%
SPYI $271,699 5,110 0.12%
BRK-B (filed as BRKB) $245,489 493 0.11%
DINO $244,582 2,279 0.11%
ILMN $235,638 861 0.10%
STX $221,932 241 0.10%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
AAPL Bought more +6K +$4.8M
MSFT Bought more +2K +$3.7M
NVDA Bought more +4K +$1.8M
LLY Bought more +2K +$1.5M
KLAC Bought more +577 -$1.1M
DELL Bought more +404 +$980K
PANW Bought more +405 +$972K
CAT Bought more +679 -$966K
BBY Bought more +6K +$772K
CVX Bought more +1K +$639K

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
DFS June 30, 2025 11,290 $1,927,203 No longer tracked
OKE Sept. 30, 2026 21,727 $1,888,945 12.0%
XOM Sept. 30, 2026 13,603 $1,859,802 10.8%
WBS Sept. 30, 2026 21,894 $1,673,139 No longer tracked
HON June 30, 2026 4,938 $1,116,136 -3.0%
TSCO Sept. 30, 2026 28,784 $909,862 3.0%
BX June 30, 2026 7,274 $836,437 -1.2%
TSN Sept. 30, 2026 14,596 $835,621 10.3%
TFC June 30, 2025 19,941 $820,572 13.5%
EOG March 31, 2026 7,035 $738,745 12.0%
TGT Sept. 30, 2026 5,365 $700,723 -5.4%
ULTA June 30, 2025 1,585 $580,966 34.1%
GEHC Sept. 30, 2026 7,260 $464,713 7.7%
SIRI Sept. 30, 2026 15,000 $443,100 4.3%
MRVL Sept. 30, 2026 1,415 $421,514 -8.5%
MRK March 31, 2026 3,353 $352,989 18.0%
INTC Sept. 30, 2026 2,353 $328,549 -21.9%
MCK June 30, 2025 486 $327,073 32.8%
GD June 30, 2026 882 $302,775 0.6%
GS Sept. 30, 2026 297 $300,377 1.4%
MCK June 30, 2026 335 $289,896 28.7%
MRSH June 30, 2025 1,171 $285,759 -13.2%
VRSN June 30, 2025 1,066 $270,625 5.7%
GL June 30, 2025 1,961 $258,303 25.4%
AMAT March 31, 2026 944 $242,599 19.1%
WTW June 30, 2025 710 $239,945 3.5%
SLM June 30, 2025 8,072 $237,075 -42.1%
EBAY June 30, 2025 3,408 $230,824 58.9%
WELL June 30, 2025 1,486 $227,670 47.3%
EXC June 30, 2025 4,856 $223,764 2.2%
DTE June 30, 2025 1,611 $222,753 -0.3%
TMUS June 30, 2025 831 $221,636 -38.5%
JBL Sept. 30, 2026 571 $220,238 -1.1%
L June 30, 2025 2,369 $217,735 20.6%
AIG June 30, 2025 2,471 $214,829 -6.8%
NSC March 31, 2026 742 $214,230 17.5%
BRO June 30, 2025 1,719 $213,844 -39.8%
ARW Sept. 30, 2026 995 $212,343 -3.4%
CVS June 30, 2025 3,120 $211,380 33.8%
VZ June 30, 2025 4,657 $211,260 1.2%
MMM June 30, 2025 1,422 $208,835 12.7%
YUM June 30, 2025 1,325 $208,502 0.5%
MUR June 30, 2026 5,014 $206,841 33.3%
WMB June 30, 2025 3,457 $206,590 17.2%
MRK June 30, 2025 2,301 $206,525 79.3%
UNP June 30, 2025 871 $205,765 29.9%
MDT March 31, 2026 2,138 $205,397 8.6%
EMR March 31, 2026 1,546 $205,251 25.6%
CMI Sept. 30, 2026 287 $204,691 2.7%
ICE June 30, 2025 1,186 $204,585 -14.2%
AAL March 31, 2026 10,805 $165,641 16.9%