Sector breakdown

04
Technology 5.1%
Communication Services 1.9%
Financials 1.5%
Industrials 0.9%
Retail 0.9%
Healthcare 0.9%
Utilities 0.8%
Consumer Staples 0.6%
Energy 0.5%
Consumer Discretionary 0.4%
Real Estate 0.1%
Other/Unmapped 86.5%

Full portfolio 282 positions

05
Type Streak 8Q trend
JPIE JPMorgan Income ETF $47,642,131 8.81% 1,034,574 $5,936,762 Up ×6
SYFI AB Short Duration High Yield ETF $44,411,949 8.22% 1,243,510 $432,996 Up ×4
JMEE JPMorgan Small & Mid Cap Enhanced Equity ETF $34,338,871 6.35% 440,073 $5,532,425 Up ×6
JEPI JPMorgan Equity Premium Income ETF $27,258,347 5.04% 482,619 $951,080 Up ×6
FSCO FS Credit Opportunities Corp. Common Stock $24,193,957 4.48% 4,848,488 $6,473,216 Up ×2
SDVY First Trust SMID Cap Rising Dividend Achievers ETF $21,637,447 4.00% 501,563 $2,369,372 Up ×6
UCON First Trust Smith Unconstrained Bond ETF $21,377,319 3.95% 859,217 $-4,214,946 Down ×2
KNG First Trust Exchange-Traded Fund IV $21,227,598 3.93% 420,348 $-3,662,835 Down ×4
JGRO JPMorgan Active Growth ETF $20,534,122 3.80% 208,278 $4,057,773 Up ×6
PYLD PIMCO Multisector Bond Active Exchange-Traded Fund $18,865,019 3.49% 711,351 $14,755,672 Up ×2
FID First Trust S&P International Dividend Aristocrats ETF $17,616,896 3.26% 820,933 $622,343 Up ×6
RDVY First Trust Rising Dividend Achievers ETF $14,835,154 2.74% 183,014 $2,413,774 Up ×6
LOWV AB Active ETFs, Inc. $13,407,815 2.48% 168,419 $1,462,127 Up ×6
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF $12,250,032 2.27% 191,766 $2,283,233 Up ×6
PML Pimco Municipal Income Fund II Common Shares of Beneficial Interest $10,495,853 1.94% 1,379,218 $2,301,992 Up ×3
JIRE JPMorgan International Research Enhanced Equity ETF $9,417,453 1.74% 114,165 $895,341 Up ×6
LRGC AB Active ETFs, Inc. $9,393,936 1.74% 112,354 $1,671,938 Up ×6
HIDV AB US High Dividend ETF $8,896,007 1.65% 100,420 $1,350,205 Up ×6
AAPL Apple Inc. - Common Stock $8,466,587 1.57% 29,260 $933,234 Down ×2
PDI PIMCO Dynamic Income Fund Common Stock $6,259,737 1.16% 374,835 $-76,887 Up ×2
FTXO First Trust Nasdaq Bank ETF $6,194,760 1.15% 149,885 $515,547 Down ×2
FVD First Trust Exchange-Traded Fund $5,181,528 0.96% 107,545 $-15,643 Down ×5
MSFT Microsoft Corporation - Common Stock $4,541,461 0.84% 12,175 $29,502 Down ×1
VRIG Invesco Variable Rate Investment Grade ETF $4,497,447 0.83% 179,396 $-168,672 Down ×1
IIM Invesco Value Municipal Income Trust Common Stock $4,351,786 0.81% 341,853 $1,237,650 Up ×6
FTSM First Trust Enhanced Short Maturity ETF $4,091,981 0.76% 68,508 $3,397,028 Up ×6
JEPQ JPMorgan Nasdaq Equity Premium Income ETF $3,953,680 0.73% 64,329 $410,326 Up ×6
QQQ Invesco QQQ Trust, Series 1 $3,866,796 0.72% 5,251 $690,774 Down ×1
AVGO Broadcom Inc. - Common Stock $3,753,106 0.69% 9,935 $588,935 Down ×2
GSST Goldman Sachs ETF Trust $3,050,212 0.56% 60,311 $2,963,620 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $3,044,608 0.56% 8,617 $423,776 Down ×1
NVDA NVIDIA Corporation - Common Stock $2,869,165 0.53% 14,339 $440,239 Up ×1
XOM Exxon Mobil Corporation Common Stock $2,780,522 0.51% 20,337 $-876,209 Down ×1
IBM International Business Machines Corporation Common Stock $2,713,159 0.50% 9,648 $419,137 Up ×2
MINT PIMCO ETF Trust $2,638,903 0.49% 26,177 $2,578,662 Up ×1
SPY SPY $2,550,119 0.47% 3,415 $241,700 Down ×2
VZ Verizon Communications Inc. Common Stock $2,421,801 0.45% 57,199 $-588,543 Down ×1
DUK Duke Energy Corporation (Holding Company) Common Stock $2,387,842 0.44% 18,864 $-29,607 Up ×6
T AT&T Inc. $2,226,342 0.41% 107,553 $-930,156 Down ×1
FDN First Trust Exchange-Traded Fund $2,017,696 0.37% 7,622 $187,113 Down ×2
CAT Caterpillar, Inc. Common Stock $2,004,576 0.37% 1,882 $682,323 Up ×3
ETG Eaton Vance Tax-Advantaged Global Dividend Income Fund Common Shares of Beneficial Interest $2,000,656 0.37% 84,990 $282,928 Down ×3
TSLA Tesla, Inc. - Common Stock $1,956,631 0.36% 4,652 $269,629 Up ×3
RMM RiverNorth Managed Duration Municipal Income Fund, Inc. Common Stock $1,868,060 0.35% 126,357 $396,464 Up ×1
AMZN Amazon.com, Inc. - Common Stock $1,784,452 0.33% 7,487 $154,114 Down ×2
EMLP First Trust Exchange-Traded Fund IV $1,768,288 0.33% 40,650 $55,846 Up ×6
JPM JP Morgan Chase & Co. Common Stock $1,683,452 0.31% 5,143 $173,038 Up ×3
FTSL First Trust Senior Loan Fund $1,643,484 0.30% 36,726 $-95,119 Down ×4
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $1,561,217 0.29% 3,120 $509,852 Up ×1
FXO First Trust Exchange-Traded AlphaDEX Fund $1,532,571 0.28% 24,537 $111,941 Down ×2
JTEK JPMorgan U.S. Tech Leaders ETF $1,477,724 0.27% 13,247 $507,018 Up ×2
ABBV AbbVie Inc. Common Stock $1,439,800 0.27% 5,722 $235,751 Up ×6
HD Home Depot, Inc. (The) Common Stock $1,439,777 0.27% 4,082 $95,668 Down ×1
RY Royal Bank Of Canada Common Stock $1,424,781 0.26% 6,884 $299,601 Down ×1
SCIO First Trust Exchange-Traded Fund IV $1,419,698 0.26% 68,684 $29,254 Up ×4
BUFR First Trust Exchange-Traded Fund VIII $1,396,615 0.26% 38,232 $111,227 Up ×1
PM Philip Morris International Inc Common Stock $1,371,487 0.25% 7,581 $136,147 Up ×3
ROUS Lattice Strategies Trust $1,329,528 0.25% 19,726 $174,700 Up ×3
MO Altria Group, Inc. $1,294,042 0.24% 17,985 $108,559 Up ×3
FXH First Trust Health Care AlphaDEX $1,233,100 0.23% 10,074 $66,387 Down ×5
YEAR AB Active ETFs, Inc. $1,227,994 0.23% 24,394 $1,101,201 Up ×1
JNJ Johnson & Johnson Common Stock $1,171,318 0.22% 4,612 $37,431 Down ×1
GILD Gilead Sciences, Inc. - Common Stock $1,138,342 0.21% 9,010 $-127,963 Down ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $1,127,065 0.21% 2,360 $366,340 Up ×3
SO Southern Company (The) Common Stock $1,080,156 0.20% 11,286 $4,380 Up ×3
BKLN Invesco Exchange-Traded Fund Trust II $1,058,905 0.20% 51,984 $-78,651 Down ×2
GS Goldman Sachs Group, Inc. (The) Common Stock $1,042,582 0.19% 1,031 $170,659
INTC Intel Corporation - Common Stock $1,040,197 0.19% 7,450 $737,965 Up ×1
IJK iShares Trust $972,900 0.18% 8,280 $139,766
MGK VANGUARD WORLD FUND $965,397 0.18% 10,982 $158,323 Up ×2
WMT Walmart Inc. - Common Stock $852,129 0.16% 7,524 $-32,544 Up ×6
MGV VANGUARD WORLD FUND $799,924 0.15% 4,894 $90,539
CSCO Cisco Systems, Inc. - Common Stock $753,830 0.14% 6,418 $238,703 Down ×2
VTV Vanguard Morningstar Value ETF $752,730 0.14% 3,454 $414,481 Up ×2
ANET Arista Networks, Inc. Common Stock $741,526 0.14% 4,365 $206,696 Up ×1
NOBL ProShares Trust $735,476 0.14% 13,096 $43,343 Up ×3
MRK Merck & Company, Inc. Common Stock (new) $694,706 0.13% 5,406 $-13,938 Down ×1
VUG Vanguard Morningstar Growth ETF $686,277 0.13% 7,967 $364,800 Up ×1
GSY Invesco Actively Managed Exchange-Traded Fund Trust $678,424 0.13% 13,528 $7,327 Up ×6
FRA Blackrock Floating Rate Income Strategies Fund Inc Common Stock $651,431 0.12% 59,275 $18,877 Up ×2
IFLN Invesco Bloomberg Enhanced Fallen Angels ETF $648,620 0.12% 35,463 $-7,532 Down ×5
LRCX Lam Research Corporation - Common Stock $624,862 0.12% 1,442 $319,328 Up ×2
PGX Invesco Exchange-Traded Fund Trust II $619,988 0.11% 57,195 $-6,759 Down ×1
PH Parker-Hannifin Corporation Common Stock $616,698 0.11% 630 $64,185 Up ×2
META Meta Platforms, Inc. - Class A Common Stock $612,758 0.11% 1,088 $15,218 Up ×1
CIBR First Trust NASDAQ Cybersecurity ETF $590,681 0.11% 6,574 $183,408 Up ×4
PANW Palo Alto Networks, Inc. - Common Stock $583,826 0.11% 1,712 $295,571 Down ×1
HYLS First Trust Tactical High Yield ETF $555,094 0.10% 13,655 $-110,493 Down ×1
IJR iShares Trust $535,740 0.10% 3,612 $156,959 Up ×2
GE GE Aerospace Common Stock $533,639 0.10% 1,428 $150,751 Up ×4
AMD Advanced Micro Devices, Inc. - Common Stock $526,885 0.10% 907 Up ×1
VEA Vanguard FTSE Developed Markets ETF $525,611 0.10% 7,377 $215,400 Up ×2
FDM First Trust Exchange-Traded Fund $521,393 0.10% 5,600 $46,750 Down ×2
MDY State Street SPDR S&P MIDCAP 400 ETF Trust $507,811 0.09% 722 $62,510
LLY Eli Lilly and Company Common Stock $484,570 0.09% 404 $106,545 Down ×1
MU Micron Technology, Inc. - Common Stock $480,911 0.09% 417 Up ×1
FWD AB Active ETFs, Inc. $475,317 0.09% 3,209 $326,698 Up ×2
TXN Texas Instruments Incorporated - Common Stock $474,099 0.09% 1,591 $168,679 Up ×6
GOOGL Alphabet Inc. - Class A Common Stock $473,686 0.09% 1,325 $116,221 Up ×3
V Visa Inc. $472,092 0.09% 1,376 $67,090 Up ×1

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
JPIE $47,642,131 8.81% up ×6
SYFI $44,411,949 8.22% up ×4
JMEE $34,338,871 6.35% up ×6
JEPI $27,258,347 5.04% up ×6
SDVY $21,637,447 4.00% up ×6
JGRO $20,534,122 3.80% up ×6
FID $17,616,896 3.26% up ×6
RDVY $14,835,154 2.74% up ×6
LOWV $13,407,815 2.48% up ×6
JEMA $12,250,032 2.27% up ×6
PML $10,495,853 1.94% up ×3
JIRE $9,417,453 1.74% up ×6
LRGC $9,393,936 1.74% up ×6
HIDV $8,896,007 1.65% up ×6
IIM $4,351,786 0.81% up ×6

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
AMD $526,885 907 0.10%
MU $480,911 417 0.09%
COHR $292,697 742 0.05%
ISTB $287,956 5,968 0.05%
ASML $268,574 135 0.05%
SILA $242,836 7,999 0.04%
SLQD $169,327 3,362 0.03%
IUSB $92,208 1,998 0.02%
MBB $56,807 601 0.01%
QUAL $54,361 248 0.01%
FLOT $46,558 912 0.01%
VO $40,930 508 0.01%
SCZ $17,606 214 0.00%
XLU $9,159 202 0.00%
IQLT $8,770 177 0.00%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
PYLD Bought more +555K +$14.8M
FSCO Bought more +1.4M +$6.5M
JPIE Bought more +129K +$5.9M
JMEE Bought more +9K +$5.5M
UCON Trimmed -174K -$4.2M
JGRO Bought more +13K +$4.1M
KNG Trimmed -91K -$3.7M
RDVY Bought more +1K +$2.4M
SDVY Bought more +13K +$2.4M
PML Bought more +297K +$2.3M

4 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
YEAR Sept. 30, 2025 793,289 $40,188,021
IWB Sept. 30, 2025 3,045 $1,033,991
TRGP June 30, 2026 2,541 $637,105 5.6%
SRLN Dec. 31, 2025 14,799 $615,337
MHI Sept. 30, 2025 62,032 $568,213 No longer tracked
PEP Dec. 31, 2025 2,451 $344,256 -13.2%
ET June 30, 2026 17,294 $333,774 No longer tracked
GIS Dec. 31, 2025 6,258 $315,548 -32.0%
WMB June 30, 2026 4,175 $303,857 -4.7%
SGOL Sept. 30, 2025 8,524 $268,847 7.1%
GAL Sept. 30, 2025 5,704 $268,077
UNH March 31, 2026 773 $255,170 36.9%
CVX June 30, 2026 1,172 $242,436 23.2%
FSK Sept. 30, 2025 11,645 $241,628 -25.9%
PMF Sept. 30, 2025 30,072 $239,975 No longer tracked
BABA June 30, 2025 1,676 $221,617 -4.4%
SILA June 30, 2025 7,901 $211,036 No longer tracked
BABA June 30, 2026 1,626 $203,998 13.0%
SYY Dec. 31, 2025 2,475 $203,831 4.2%
CVX Dec. 31, 2025 1,308 $203,183 34.0%
JPI Sept. 30, 2025 9,727 $202,317 No longer tracked
IJH Sept. 30, 2025 2,754 $170,789 11.8%
IJR Sept. 30, 2025 1,435 $156,800 16.4%
DMAR Sept. 30, 2025 2,360 $93,385
PMAR June 30, 2026 1,990 $88,794
PSEP June 30, 2026 1,990 $85,689
PAUG June 30, 2026 2,000 $85,440
PDEC June 30, 2026 1,980 $84,150
PJUN June 30, 2026 1,990 $83,235
PNOV June 30, 2026 1,990 $81,311
PFEB June 30, 2026 2,000 $80,200
PAPR June 30, 2026 2,000 $79,600
PMAY June 30, 2026 1,800 $71,892
FLOT Sept. 30, 2025 1,236 $63,061
GRPM June 30, 2025 548 $57,376
AMPY Sept. 30, 2025 13,327 $42,646 -17.5%
AGG Sept. 30, 2025 305 $30,256
QMAR Sept. 30, 2025 856 $26,527
IGV Sept. 30, 2025 159 $17,411 -4.5%
IWF Sept. 30, 2025 32 $13,587 8.9%
XBI June 30, 2026 65 $8,302 -3.0%
SPTM June 30, 2026 94 $7,432 2.9%
XLP Sept. 30, 2025 85 $6,882 No longer tracked
ITOT Sept. 30, 2025 50 $6,752 15.5%
LQD Sept. 30, 2025 55 $6,006
IBB June 30, 2026 35 $5,910 7.6%
FTCB Dec. 31, 2025 250 $5,328
XMMO June 30, 2025 45 $5,124
IGV June 30, 2026 40 $3,202 21.2%
RODE June 30, 2025 92 $2,663 No longer tracked
TLT Sept. 30, 2025 23 $2,004
FNDA June 30, 2025 65 $1,793 24.0%
FNDE June 30, 2025 53 $1,622
FNDC June 30, 2025 38 $1,371
PCY June 30, 2026 40 $830
RFEM June 30, 2025 9 $600
FICS June 30, 2025 11 $407
SPMD Dec. 31, 2025 5 $286 11.5%
FPXE June 30, 2025 9 $231
EMB Dec. 31, 2025 2 $190
IWS Sept. 30, 2025 1 $132 16.1%
LDUR Dec. 31, 2025 1 $94
SLYV Dec. 31, 2025 1 $46 14.3%
KBWY March 31, 2026 2 $24
FPXI Sept. 30, 2025 0 $18
FTXN Dec. 31, 2025 1 $15