Sector breakdown

04
Technology 4.1%
Financials 3.3%
Communication Services 2.3%
Healthcare 2.2%
Industrials 1.4%
Retail 0.7%
Energy 0.6%
Consumer Staples 0.4%
Consumer Discretionary 0.3%
Consumer products 0.2%
Utilities 0.1%
Materials 0.1%
Real Estate 0.1%
Other/Unmapped 84.2%

Full portfolio 350 positions

05
Type Streak 8Q trend
VTV Vanguard Morningstar Value ETF $400,776,695 13.88% 1,839,020 $49,372,127 Up ×6
VUG Vanguard Morningstar Growth ETF $377,680,854 13.08% 4,384,499 $68,921,544 Up ×6
IXUS iShares Core MSCI Total International Stock ETF $275,883,376 9.55% 2,890,655 $24,802,735 Down ×1
IWF iShares Russell 1000 Growth Fund $272,629,011 9.44% 2,195,611 $33,011,085 Up ×1
IWD iShares Russell 1000 Value ETF $206,889,589 7.16% 853,400 $21,079,811 Down ×4
VONG Vanguard Russell 1000 Growth ETF $68,328,981 2.37% 534,614 $8,397,961 Down ×1
SPY SPY $61,264,478 2.12% 82,041 $6,842,571 Down ×6
VYM Vanguard High Dividend Yield ETF $59,348,740 2.05% 375,558 $3,529,121 Down ×1
IGF iShares Global Infrastructure ETF $45,826,349 1.59% 688,085 $-1,737,259 Down ×1
VBK Vanguard Morningstar Small-Cap Growth ETF $37,323,243 1.29% 102,047 $6,136,105 Down ×2
IWN iShares Russell 2000 Value ETF $36,007,404 1.25% 162,783 $4,405,572 Down ×6
VTEB Vanguard Tax-Exempt Bond ETF $35,292,616 1.22% 697,759 $-7,709 Down ×6
VBR Vanguard Morningstar Small-Cap Value ETF $35,176,237 1.22% 144,689 $1,013,220 Down ×6
IWV iShares Russell 3000 Fund $33,626,742 1.16% 78,861 $3,937,513 Down ×4
VOO Vanguard S&P 500 ETF $33,358,567 1.16% 48,571 $10,105,968 Up ×1
AAPL Apple Inc. - Common Stock $31,380,037 1.09% 108,448 $3,427,557 Down ×3
ACWI iShares MSCI ACWI ETF $31,275,021 1.08% 199,242 $3,678,231 Down ×1
JAAA Janus Henderson AAA CLO ETF $27,081,113 0.94% 536,366 $-89,672 Down ×2
IUSG iShares Core S&P U.S. Growth ETF $26,780,622 0.93% 142,383 $1,830,270 Down ×4
IWO iShares Russell 2000 Growth Fund $23,363,271 0.81% 59,303 $4,264,621 Down ×6
FCF First Commonwealth Financial Corporation Common Stock $23,180,286 0.80% 1,140,201 $2,934,648 Down ×1
IVV iShares Trust $23,044,120 0.80% 30,770 $1,310,593 Down ×3
MUB iShares Trust $22,893,433 0.79% 212,725 $150,459 Down ×3
IUSV iShares Core S&P U.S. Value ETF $22,786,288 0.79% 206,863 $-1,210,376 Down ×4
SYK Stryker Corporation Common Stock $22,596,067 0.78% 71,770 $-436,450 Up ×2
MSFT Microsoft Corporation - Common Stock $22,293,056 0.77% 59,763 $2,256,808 Up ×4
VONV Vanguard Russell 1000 Value ETF $22,281,504 0.77% 209,590 $2,102,086 Down ×1
GOOG Alphabet Inc. - Class C Capital Stock $20,860,522 0.72% 59,040 $3,945,082 Up ×1
MDY State Street SPDR S&P MIDCAP 400 ETF Trust $20,662,012 0.72% 29,380 $1,145,880 Down ×3
CWB SPDR SERIES TRUST $18,008,422 0.62% 167,023 $1,483,845 Down ×6
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $17,236,816 0.60% 34,448 $950,363 Up ×3
VTI Vanguard Morningstar Total Stock Market ETF $15,518,366 0.54% 41,934 $2,887,476 Up ×6
CSCO Cisco Systems, Inc. - Common Stock $13,923,735 0.48% 118,540 $5,117,653 Up ×3
IJH iShares Trust $13,065,444 0.45% 169,439 $1,604,386 Down ×6
SCHB SCHWAB STRATEGIC TRUST $13,032,000 0.45% 450,000 $1,737,000
NVDA NVIDIA Corporation - Common Stock $12,706,398 0.44% 63,504 $1,605,171 Down ×1
PANW Palo Alto Networks, Inc. - Common Stock $12,383,458 0.43% 36,313 $6,577,951 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $12,100,235 0.42% 33,859 $2,320,896 Down ×1
AMZN Amazon.com, Inc. - Common Stock $10,284,358 0.36% 43,149 $1,280,021 Down ×1
VEA Vanguard FTSE Developed Markets ETF $10,265,991 0.36% 144,084 $1,113,444 Up ×4
LLY Eli Lilly and Company Common Stock $9,886,905 0.34% 8,243 $2,403,655 Up ×4
IEFA iShares Core MSCI EAFE ETF $9,871,056 0.34% 102,206 $582,495 Down ×3
VT Vanguard Total World Stock Index ETF $9,696,284 0.34% 61,780 $1,228,306 Up ×6
META Meta Platforms, Inc. - Class A Common Stock $9,096,040 0.31% 16,148 $-110,000 Up ×2
REET iShares Trust $9,059,506 0.31% 328,005 $492,498 Down ×6
CBU Community Financial System, Inc. Common Stock $8,192,800 0.28% 122,062 $1,034,389 Up ×1
ABBV AbbVie Inc. Common Stock $7,366,616 0.26% 29,274 $925,796 Down ×1
VGT Vanguard Information Tech ETF $7,317,638 0.25% 61,225 $2,001,308 Up ×2
JPM JP Morgan Chase & Co. Common Stock $6,893,790 0.24% 21,060 $592,684 Down ×1
JNJ Johnson & Johnson Common Stock $6,689,637 0.23% 26,341 $397,202 Up ×1
IWY iShares Russell Top 200 Growth ETF $6,416,306 0.22% 22,078 $901,762 Down ×1
STBA S&T Bancorp, Inc. - Common Stock $6,083,081 0.21% 123,942 $879,298 Down ×3
WMT Walmart Inc. - Common Stock $5,791,462 0.20% 51,134 $-527,054 Up ×1
VWO Vanguard FTSE Emerging Markets ETF $5,693,556 0.20% 95,385 $697,588 Up ×1
IWB iShares Russell 1000 ETF $5,514,333 0.19% 13,466 $579,899 Down ×6
VB Vanguard Morningstar Small-Cap ETF $5,408,480 0.19% 17,844 $1,025,853 Up ×1
BX Blackstone Inc. Common Stock $5,345,866 0.19% 45,431 $123,365 Up ×1
RWO SPDR INDEX SHARES FUNDS $5,145,536 0.18% 103,511 $306,775 Down ×6
MSA MSA Safety Incorporated Common Stock $4,959,294 0.17% 28,407 $-70,036 Down ×6
SUN Sunoco LP Common Units representing limited partner interests $4,792,500 0.17% 71,000 $179,630
QCOM QUALCOMM Incorporated - Common Stock $4,767,985 0.17% 25,802 $1,461,696 Up ×2
AMGN Amgen Inc. - Common Stock $4,705,388 0.16% 12,994 $113,390 Down ×1
BILS SPDR SERIES TRUST $4,629,225 0.16% 46,581 $-70,015 Down ×1
IJR iShares Trust $4,588,976 0.16% 30,942 $337,392 Down ×3
XLI SELECT SECTOR SPDR TRUST $4,146,188 0.14% 22,384 $102,129 Down ×1
CAT Caterpillar, Inc. Common Stock $4,013,608 0.14% 3,769 $1,479,446 Up ×2
AVGO Broadcom Inc. - Common Stock $3,797,530 0.13% 10,053 $638,665 Down ×1
SCZ iShares MSCI EAFE Small-Cap ETF $3,785,655 0.13% 46,015 $136,844 Down ×2
PG Procter & Gamble Company (The) Common Stock $3,670,398 0.13% 25,030 $123,961 Up ×1
PGR Progressive Corporation (The) Common Stock $3,654,887 0.13% 16,731 $338,133
XLF SELECT SECTOR SPDR TRUST $3,559,168 0.12% 66,390 $-147,434 Down ×1
VDE Vanguard Energy ETF $3,557,180 0.12% 23,694 $-542,830
VNQ Vanguard Real Estate ETF $3,519,120 0.12% 36,494 $424,109 Up ×1
UBSI United Bankshares, Inc. - Common Stock $3,332,097 0.12% 72,399 $319,279
QQQ Invesco QQQ Trust, Series 1 $3,247,803 0.11% 4,410 $1,030,635 Up ×2
V Visa Inc. $3,223,672 0.11% 9,396 $378,989 Down ×1
KO Coca-Cola Company (The) Common Stock $3,132,397 0.11% 38,294 $206,691 Up ×2
VXUS Vanguard Total International Stock ETF $2,990,492 0.10% 34,981 $573,329 Up ×4
XLE SELECT SECTOR SPDR TRUST $2,904,958 0.10% 54,697 $-703,746 Down ×2
RTX RTX Corporation Common Stock $2,901,162 0.10% 15,291 $-42,364 Up ×3
IAU iShares Gold Trust Shares $2,593,089 0.09% 34,341 $-434,413
TSLA Tesla, Inc. - Common Stock $2,588,667 0.09% 6,155 $54,921 Down ×1
TRGP Targa Resources, Inc. Common Stock $2,587,551 0.09% 9,650 $166,752 Down ×1
CVX Chevron Corporation Common Stock $2,570,273 0.09% 15,506 $-595,850 Up ×2
CPB The Campbell's Company - Common Stock $2,492,146 0.09% 111,906 $-374,136 Down ×2
AMAT Applied Materials, Inc. - Common Stock $2,452,416 0.08% 3,392 $1,358,347 Up ×2
SNDK Sandisk Corporation - Common Stock $2,403,332 0.08% 1,057 $1,616,781 Down ×2
TSM Taiwan Semiconductor Manufacturing Company Ltd. $2,378,618 0.08% 4,981 $823,534 Up ×2
INTC Intel Corporation - Common Stock $2,367,200 0.08% 16,953 $1,735,859 Up ×3
ASML ASML Holding N.V. - New York Registry Shares $2,307,750 0.08% 1,160 $465,191 Down ×1
CBFV CB Financial Services, Inc. - Common Stock $2,285,597 0.08% 60,306 $224,338
AMD Advanced Micro Devices, Inc. - Common Stock $2,224,305 0.08% 3,829 $1,416,688 Down ×1
IWX iShares Russell Top 200 Value ETF $2,218,560 0.08% 21,097 $263,501
AGG iShares Trust $2,211,505 0.08% 22,343 $22,557 Up ×1
ABNB Airbnb, Inc. - Class A Common Stock $2,185,567 0.08% 15,273 $249,569 Down ×1
EFA iShares Trust $2,127,692 0.07% 20,482 $-32,313 Down ×1
VRTX Vertex Pharmaceuticals Incorporated - Common Stock $2,090,238 0.07% 4,208 $205,393 Down ×1
MCD McDonald's Corporation Common Stock $2,051,924 0.07% 7,591 $-213,426 Up ×1
WDC Western Digital Corporation - Common Stock $2,033,046 0.07% 3,183 $975,159 Down ×2
ATI ATI Inc. Common Stock $1,951,881 0.07% 9,903 $511,391

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
VTV $400,776,695 13.88% up ×6
VUG $377,680,854 13.08% up ×6
MSFT $22,293,056 0.77% up ×4
BRK-B (filed as BRKB) $17,236,816 0.60% up ×3
VTI $15,518,366 0.54% up ×6
CSCO $13,923,735 0.48% up ×3
VEA $10,265,991 0.36% up ×4
LLY $9,886,905 0.34% up ×4
VT $9,696,284 0.34% up ×6
VXUS $2,990,492 0.10% up ×4
RTX $2,901,162 0.10% up ×3
INTC $2,367,200 0.08% up ×3
VIS $1,660,586 0.06% up ×6
HD $1,624,091 0.06% up ×4
GE $1,240,408 0.04% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
Unknown issuer (CUSIP: 438516205) $1,409,901 6,297 0.05%
Unknown issuer (CUSIP: 43849R105) $1,399,657 6,331 0.05%
MU $751,443 651 0.03%
SCHK $576,960 16,000 0.02%
HPE $453,673 10,057 0.02%
MRVL $432,834 1,453 0.01%
VIG $432,777 1,829 0.01%
RSG $387,166 1,817 0.01%
PVAL $345,610 6,784 0.01%
BE $338,116 1,117 0.01%
PWR $308,176 428 0.01%
DFTX $297,339 6,321 0.01%
NBIS $292,189 1,058 0.01%
CBSH $281,935 4,882 0.01%
LNTH $243,734 2,197 0.01%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VUG Bought more +3.7M +$68.9M
VTV Bought more +48K +$49.4M
IWF Bought more +1.6M +$33.0M
IXUS Trimmed -7K +$24.8M
IWD Trimmed -16K +$21.1M
VOO Bought more +10K +$10.1M
VONG Trimmed -12K +$8.4M
SPY Trimmed -2K +$6.8M
PANW Bought more +101 +$6.6M
VBK Trimmed -1K +$6.1M

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
XOM June 30, 2026 28,677 $4,865,333 19.4%
HON June 30, 2026 12,785 $2,889,795 -4.2%
XLU June 30, 2026 25,578 $1,173,774 No longer tracked
UL (filed as ULXXXX) Dec. 31, 2025 17,754 $1,052,458 -8.7%
MSTR June 30, 2026 6,888 $859,614 88.5%
HAL June 30, 2025 30,012 $761,404 58.9%
FTRB June 30, 2025 28,085 $705,799
DLN Dec. 31, 2025 6,058 $527,228
XTL June 30, 2026 2,474 $465,260
VTIP March 31, 2026 9,213 $455,675
WSBC Dec. 31, 2025 13,021 $420,578 13.9%
UPS Sept. 30, 2025 4,035 $407,361 10.8%
LMBS June 30, 2026 8,165 $406,698
PFS Dec. 31, 2025 20,623 $397,611 13.5%
LLYVK (filed as LLYVKXXXX) Dec. 31, 2025 3,753 $363,929 18.8%
RBLX Dec. 31, 2025 2,610 $361,537 -46.7%
AROW March 31, 2026 10,955 $343,987 12.8%
TRV Sept. 30, 2025 1,215 $325,156 28.3%
VGSH June 30, 2025 5,324 $312,466
FLOT Dec. 31, 2025 5,962 $304,569
GDX Dec. 31, 2025 3,965 $302,926 1.2%
NFG Dec. 31, 2025 3,183 $295,673 -4.3%
CMG Sept. 30, 2025 5,252 $294,900 -21.4%
LBRDK June 30, 2026 5,602 $281,780 No longer tracked
ORLY Sept. 30, 2025 3,105 $279,854 -22.9%
HRB March 31, 2026 6,075 $267,300 34.3%
CE June 30, 2025 4,660 $264,550 -18.3%
OXY June 30, 2026 4,061 $263,965 19.6%
FISV Dec. 31, 2025 2,022 $260,696 -32.1%
SNREY Sept. 30, 2025 4,480 $253,344 No longer tracked
AIQ Dec. 31, 2025 5,102 $251,979
PULS Dec. 31, 2025 5,043 $251,292
ADBE June 30, 2026 1,009 $245,267 15.7%
PLD Dec. 31, 2025 2,135 $244,499 1.1%
VTS Sept. 30, 2025 10,895 $240,671 -27.1%
AWK Dec. 31, 2025 1,728 $240,520 -1.3%
IRM Dec. 31, 2025 2,338 $240,171 36.2%
HURN June 30, 2026 1,831 $233,433 81.2%
FIW June 30, 2026 2,225 $229,464
WAB Dec. 31, 2025 1,131 $226,731 35.9%
SPLB March 31, 2026 10,000 $225,800 -8.9%
PHYS June 30, 2026 6,300 $223,272
COIN Sept. 30, 2025 636 $222,911 -43.4%
TYL June 30, 2026 636 $217,753 11.9%
CRWD June 30, 2026 553 $216,034 41.5%
MLM Sept. 30, 2025 393 $215,741 -23.9%
PECO March 31, 2026 6,042 $215,568 -0.4%
CME June 30, 2026 718 $212,062 20.1%
PYPL March 31, 2026 3,612 $210,869 18.5%
VGIT June 30, 2025 3,520 $209,088
X June 30, 2025 4,947 $209,061 No longer tracked
WSO Sept. 30, 2025 473 $208,887 -28.7%
TTEK March 31, 2026 6,220 $208,619 9.8%
IRM June 30, 2026 2,023 $206,628 -10.5%
SBUX June 30, 2025 2,099 $205,890 2.3%
LDOS March 31, 2026 1,137 $205,115 -24.4%
IJT March 31, 2026 1,442 $203,551
MPC Dec. 31, 2025 1,053 $202,955 164.0%
CL June 30, 2025 2,159 $202,298 -5.7%
LNC March 31, 2026 4,500 $200,385 15.6%
MRVL March 31, 2026 2,355 $200,127 172.4%
FRBA June 30, 2026 10,988 $175,808 -0.5%
FBRT Sept. 30, 2025 10,000 $110,450 -42.7%
TGB June 30, 2026 12,000 $77,400 No longer tracked
TCRX March 31, 2026 10,000 $10,000 -68.5%
QVCGA (filed as QVCGAXXXX) June 30, 2025 24,625 $4,952 No longer tracked