Sector breakdown

04
Technology 15.1%
Communication Services 5.3%
Financials 4.7%
Healthcare 3.5%
Retail 3.3%
Industrials 2.3%
Consumer Discretionary 1.2%
Energy 0.9%
Consumer Staples 0.8%
Consumer products 0.3%
Utilities 0.3%
Materials 0.2%
Other/Unmapped 62.1%

Full portfolio 150 positions

05
Type Streak 8Q trend
AGG iShares Trust $22,160,830 6.93% 223,892 $263,258 Up ×2
SPDW SPDR INDEX SHARES FUNDS $20,945,761 6.55% 415,672 $981,146 Down ×1
SPIB SPDR SERIES TRUST $16,752,217 5.24% 500,664 $125,869 Up ×2
SPMD SPDR SERIES TRUST $13,419,510 4.20% 198,631 $1,466,190 Down ×1
SPEM SPDR INDEX SHARES FUNDS $12,882,191 4.03% 248,787 $1,151,126 Down ×4
NVDA NVIDIA Corporation - Common Stock $12,200,888 3.82% 60,977 $1,407,970 Down ×6
SPYG SPDR SERIES TRUST $10,627,889 3.33% 89,317 $2,012,788 Up ×1
AAPL Apple Inc. - Common Stock $10,529,046 3.29% 36,387 $1,226,552 Down ×1
SPSM SPDR SERIES TRUST $9,488,330 2.97% 164,528 $1,407,390 Down ×4
SPSB SPDR SERIES TRUST $8,921,808 2.79% 297,294 $101,014 Up ×2
IEI iShares 3-7 Year Treasury Bond ETF $8,836,116 2.76% 75,233 $111,544 Up ×2
ANGL VanEck ETF Trust $8,103,446 2.54% 277,135 $244,617 Up ×2
AMZN Amazon.com, Inc. - Common Stock $6,962,776 2.18% 29,213 $661,020 Down ×6
MSFT Microsoft Corporation - Common Stock $6,833,557 2.14% 18,319 $-278,877 Down ×6
SPYV SPDR SERIES TRUST $6,815,197 2.13% 112,110 $572,018 Up ×1
ESGD iShares ESG Aware MSCI EAFE ETF $6,279,738 1.97% 61,081 $502,617 Up ×2
QLTA iShares Trust $5,281,420 1.65% 111,141 $104,437 Up ×2
GOOGL Alphabet Inc. - Class A Common Stock $5,074,718 1.59% 14,200 $899,870 Down ×4
AVGO Broadcom Inc. - Common Stock $5,021,179 1.57% 13,292 $811,121 Down ×6
GOOG Alphabet Inc. - Class C Capital Stock $4,788,518 1.50% 13,552 $695,449 Down ×6
IJH iShares Trust $3,747,623 1.17% 48,601 $522,593 Up ×1
TSLA Tesla, Inc. - Common Stock $3,305,495 1.03% 7,859 $322,201 Down ×1
META Meta Platforms, Inc. - Class A Common Stock $3,030,500 0.95% 5,380 $-284,993 Down ×1
FLOT iShares Trust $3,019,148 0.94% 59,141 $67,767 Up ×2
BAB Invesco Exchange-Traded Fund Trust II $2,801,559 0.88% 104,380 $53,769 Up ×2
JPM JP Morgan Chase & Co. Common Stock $2,698,509 0.84% 8,244 $242,420 Down ×6
MU Micron Technology, Inc. - Common Stock $2,525,587 0.79% 2,188 Up ×1
ESML iShares Trust $2,439,667 0.76% 43,620 $426,200 Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock $2,375,341 0.74% 4,089 $1,521,952 Down ×1
LLY Eli Lilly and Company Common Stock $2,366,475 0.74% 1,973 $396,328 Down ×5
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $2,290,285 0.72% 4,577 $91,236 Down ×1
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF $2,249,559 0.70% 23,326 $53,194 Down ×4
VTEB VANGUARD MUNICIPAL BOND FUNDS $2,057,392 0.64% 40,676 $1,449,033 Up ×2
VTEC VANGUARD CALIFORNIA TAX-FREE FUNDS $1,931,520 0.60% 19,200 Up ×1
V Visa Inc. $1,909,639 0.60% 5,566 $54,188 Down ×6
CAT Caterpillar, Inc. Common Stock $1,869,072 0.58% 1,755 $557,603 Down ×6
JNJ Johnson & Johnson Common Stock $1,857,283 0.58% 7,313 $28,522 Down ×5
IBDS iShares Trust $1,771,789 0.55% 73,153 $-187,506 Down ×1
IBDV iShares Trust $1,769,659 0.55% 81,177 $-189,934 Down ×1
IBDR iShares Trust $1,768,685 0.55% 72,995 $-190,553 Down ×1
IBDW iShares Trust $1,758,792 0.55% 84,395 $-180,247 Down ×1
IBDU iShares Trust $1,756,879 0.55% 75,858 $-184,152 Down ×1
IBDT iShares Trust $1,755,279 0.55% 69,515 $-184,897 Down ×1
IBDX iShares Trust $1,751,310 0.55% 69,524 $-175,907 Down ×1
TBLL Invesco Exchange-Traded Fund Trust II $1,601,602 0.50% 15,171 $585,050 Up ×4
MA Mastercard Incorporated Common Stock $1,513,066 0.47% 2,946 $-45,873 Down ×6
CSCO Cisco Systems, Inc. - Common Stock $1,508,343 0.47% 12,841 $508,027 Down ×6
CALI iShares Short-Term California Muni Active ETF $1,492,854 0.47% 29,541 Up ×1
GE GE Aerospace Common Stock $1,492,304 0.47% 3,993 $360,629 Up ×2
ABBV AbbVie Inc. Common Stock $1,410,526 0.44% 5,605 $181,092 Down ×1
XOM Exxon Mobil Corporation Common Stock $1,391,946 0.44% 10,181 $-393,556 Down ×5
AMAT Applied Materials, Inc. - Common Stock $1,341,165 0.42% 1,855 Up ×1
OEF iShares Trust $1,327,742 0.42% 3,629 $194,459 Up ×1
INTC Intel Corporation - Common Stock $1,260,161 0.39% 9,025 $860,740 Down ×1
WMT Walmart Inc. - Common Stock $1,190,806 0.37% 10,513 $-179,495 Down ×4
BAC Bank of America Corporation Common Stock $1,182,050 0.37% 20,745 $137,825 Down ×6
LRCX Lam Research Corporation - Common Stock $1,179,524 0.37% 2,722 Up ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $1,066,229 0.33% 2,565 $356,517 Down ×6
RTX RTX Corporation Common Stock $1,021,886 0.32% 5,386 $-58,354 Down ×5
PM Philip Morris International Inc Common Stock $992,171 0.31% 5,484 $143,261 Up ×1
PG Procter & Gamble Company (The) Common Stock $986,741 0.31% 6,729 $-1,879 Down ×5
COST Costco Wholesale Corporation - Common Stock $984,984 0.31% 1,052 $-111,015 Down ×1
HD Home Depot, Inc. (The) Common Stock $976,218 0.31% 2,768 $-34,132 Down ×1
MRK Merck & Company, Inc. Common Stock (new) $923,273 0.29% 7,185 $50,749 Down ×1
GEV GE Vernova Inc. Common Stock $921,090 0.29% 784 Up ×1
NFLX Netflix, Inc. - Common Stock $896,485 0.28% 12,555 $-402,964 Down ×2
NEE NextEra Energy, Inc. Common Stock $892,884 0.28% 10,173 $-75,018 Down ×4
KO Coca-Cola Company (The) Common Stock $881,048 0.28% 10,840 $-4,858 Down ×1
GS Goldman Sachs Group, Inc. (The) Common Stock $833,369 0.26% 824 $121,045 Down ×1
CMF iShares Trust $814,165 0.25% 14,125 Up ×1
MS Morgan Stanley Common Stock $810,239 0.25% 3,876 $163,479 Down ×1
WFC Wells Fargo & Company Common Stock $809,376 0.25% 9,794 $10,171 Down ×6
CVX Chevron Corporation Common Stock $756,031 0.24% 4,561 $-205,847 Down ×1
IBHJ iShares Trust $735,092 0.23% 27,776 $-78,855 Down ×4
IBHK iShares Trust $734,703 0.23% 28,510 $-76,185 Down ×4
IBHI iShares Trust $734,048 0.23% 31,383 $-81,951 Down ×1
IBHH iShares Trust $733,670 0.23% 31,220 $-85,456 Down ×1
IBHG iShares Trust $733,343 0.23% 33,213 $-88,964 Down ×1
IBHF iShares Trust $729,964 0.23% 32,228 $-92,610 Down ×1
C Citigroup, Inc. Common Stock $727,932 0.23% 5,201 $130,261 Down ×1
IBM International Business Machines Corporation Common Stock $722,428 0.23% 2,569 $67,490 Down ×6
TXN Texas Instruments Incorporated - Common Stock $705,830 0.22% 2,368 $255,813 Up ×2
ORCL Oracle Corporation Common Stock $696,406 0.22% 4,752 $-54,443 Down ×6
VZ Verizon Communications Inc. Common Stock $650,049 0.20% 15,353 $-123,060 Down ×1
AMGN Amgen Inc. - Common Stock $642,763 0.20% 1,775 $1,340 Down ×6
VUG VANGUARD INDEX FUNDS $614,350 0.19% 7,132 $93,260 Up ×1
PLTR Palantir Technologies Inc. - Class A Common Stock $604,001 0.19% 5,177 $-189,568 Down ×1
LIN Linde plc - Ordinary Shares $592,629 0.19% 1,142 $17,547 Down ×1
PEP PepsiCo, Inc. - Common Stock $588,719 0.18% 4,348 $-119,636 Down ×1
ABT Abbott Laboratories Common Stock $556,690 0.17% 6,135 $-88,642 Down ×6
IWD iShares Trust $537,710 0.17% 2,218 $63,790
MCD McDonald's Corporation Common Stock $536,836 0.17% 1,986 $-140,220 Down ×1
GILD Gilead Sciences, Inc. - Common Stock $504,476 0.16% 3,993
AXP American Express Company Common Stock $465,368 0.15% 1,375 $44,071 Down ×1
BA Boeing Company (The) Common Stock $459,133 0.14% 2,121 $31,418 Down ×1
JCI Johnson Controls International plc Ordinary Share $445,782 0.14% 3,051 $44,944 Down ×4
DIS Walt Disney Company (The) Common Stock $429,294 0.13% 4,460 $-1,254 Down ×1
TMO Thermo Fisher Scientific Inc Common Stock $428,663 0.13% 855 $-34,358 Down ×1
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $419,727 0.13% 2,200 $186,262 Up ×1
VOT VANGUARD INDEX FUNDS $415,343 0.13% 1,356 $65,604 Down ×4

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

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

SecurityValue% of portfolioStreak
TBLL $1,601,602 0.50% up ×4

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
MU $2,525,587 2,188 0.79%
VTEC $1,931,520 19,200 0.60%
CALI $1,492,854 29,541 0.47%
AMAT $1,341,165 1,855 0.42%
LRCX $1,179,524 2,722 0.37%
GEV $921,090 784 0.29%
CMF $814,165 14,125 0.25%
GILD $504,476 3,993 0.16%
PFE $382,283 15,875 0.12%
SNDK $329,691 145 0.10%
VCRM $295,057 3,862 0.09%
MUNI $292,824 5,567 0.09%
PANW $291,572 855 0.09%
Unknown issuer (CUSIP: 438516205) $290,892 1,299 0.09%
Unknown issuer (CUSIP: 43849R105) $273,918 1,239 0.09%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
SPYG Bought more +1K +$2.0M
AMD Trimmed -106 +$1.5M
SPMD Trimmed -3K +$1.5M
VTEB Bought more +28K +$1.4M
NVDA Trimmed -909 +$1.4M
SPSM Trimmed -3K +$1.4M
AAPL Trimmed -267 +$1.2M
SPEM Trimmed -1K +$1.2M
SPDW Trimmed -22K +$981K
GOOGL Trimmed -318 +$900K

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
IBDQ June 30, 2025 134,182 $3,374,702
SPTS March 31, 2026 86,862 $2,543,319
IBHE Sept. 30, 2025 48,913 $1,137,472
CMCSA Sept. 30, 2025 22,882 $816,659 -31.3%
SPYD March 31, 2026 17,340 $749,955
HON June 30, 2026 2,634 $595,476 -4.4%
GILD Dec. 31, 2025 5,304 $588,744 17.9%
COP Sept. 30, 2025 6,393 $573,708 34.0%
UNP Dec. 31, 2025 2,348 $554,997 20.3%
PFE Dec. 31, 2025 20,624 $525,513 11.6%
UBER June 30, 2026 7,148 $514,156 -5.6%
ACN June 30, 2026 2,578 $511,192 59.8%
AJG Sept. 30, 2025 1,547 $495,226 -27.0%
SHEL Sept. 30, 2025 6,839 $481,534 34.5%
ACWX March 31, 2026 7,021 $471,320
LOW June 30, 2025 2,010 $468,792 -18.5%
QCOM June 30, 2026 3,088 $397,673 0.0%
HUBS Sept. 30, 2025 705 $392,424 -54.1%
USB Sept. 30, 2025 8,319 $376,435 19.0%
DHR June 30, 2025 1,792 $367,360 8.4%
IBMR Sept. 30, 2025 14,145 $356,878
IBMO Sept. 30, 2025 13,881 $355,673
IBMS Sept. 30, 2025 13,854 $355,494
IBMN Sept. 30, 2025 13,269 $355,125
IBMP Sept. 30, 2025 14,004 $355,001
ESGE Sept. 30, 2025 9,061 $354,919
IBMQ Sept. 30, 2025 13,905 $353,326
NVO Sept. 30, 2025 5,113 $352,899 -32.7%
WDAY Sept. 30, 2025 1,453 $348,720 -22.7%
GWW Sept. 30, 2025 335 $348,480 34.3%
VRNA Sept. 30, 2025 3,582 $338,786 No longer tracked
ADBE June 30, 2026 1,345 $326,943 15.9%
SJNK Sept. 30, 2025 12,742 $324,666
BMY June 30, 2025 5,192 $316,660 32.1%
PAYC Sept. 30, 2025 1,338 $309,613 6.2%
USHY Sept. 30, 2025 7,951 $298,242
ADI Sept. 30, 2025 1,226 $291,813 69.8%
INTU June 30, 2026 664 $287,100 7.7%
HWM Sept. 30, 2025 1,509 $280,870 17.9%
FROG Sept. 30, 2025 6,393 $280,525 101.8%
SPGI Sept. 30, 2025 526 $277,355 -20.6%
GGAL Sept. 30, 2025 5,502 $277,246 30.2%
EMBJ June 30, 2026 4,618 $274,032 17.9%
AZN Sept. 30, 2025 3,921 $274,030 2.3%
QFIN Sept. 30, 2025 6,290 $272,734 -77.6%
TKO Sept. 30, 2025 1,494 $271,833 -13.1%
ZTS Dec. 31, 2025 1,833 $268,205 -44.6%
IT Sept. 30, 2025 657 $265,573 -29.7%
USXF Sept. 30, 2025 4,920 $265,336 19.2%
VTWG March 31, 2026 1,123 $265,017
COF June 30, 2026 1,447 $263,976 -2.9%
ABNB March 31, 2026 1,941 $263,433 28.6%
FCX Sept. 30, 2025 5,983 $259,363 83.7%
EFV Sept. 30, 2025 3,956 $251,127
SAP March 31, 2026 1,025 $248,983 21.8%
BCS Sept. 30, 2025 13,374 $248,623 14.7%
CMG Sept. 30, 2025 4,423 $248,351 -17.4%
LNTH June 30, 2025 2,542 $248,099 22.1%
TSCO June 30, 2025 4,488 $247,289 -41.1%
XEL Dec. 31, 2025 3,050 $245,983 -3.3%
XLK June 30, 2025 1,186 $244,885 57.8%
SHYG Sept. 30, 2025 5,673 $244,733
EQIX Sept. 30, 2025 306 $243,414 31.0%
ARES Sept. 30, 2025 1,405 $243,346 -26.5%
SCZ Sept. 30, 2025 3,256 $236,646
BMO Dec. 31, 2025 1,813 $236,143 27.7%
BMA Sept. 30, 2025 3,337 $234,291 52.6%
ADSK June 30, 2026 976 $233,654 9.0%
AON Dec. 31, 2025 655 $233,560 -23.6%
BTI Dec. 31, 2025 4,373 $232,119 -7.0%
HSBC Sept. 30, 2025 3,803 $231,184 35.4%
IDXX March 31, 2026 341 $230,697 -7.7%
YPF Sept. 30, 2025 7,266 $228,516 104.5%
DD Sept. 30, 2025 3,324 $227,993 298.8%
KMB Sept. 30, 2025 1,748 $225,352 -24.1%
ESE Dec. 31, 2025 1,064 $224,621 40.7%
FALN June 30, 2025 8,370 $224,232
NGG Dec. 31, 2025 3,062 $222,516 -1.6%
FIBK June 30, 2025 7,753 $222,123 24.9%
SNY Sept. 30, 2025 4,571 $220,825 -15.4%
EFG Sept. 30, 2025 1,964 $219,968
SO Sept. 30, 2025 2,390 $219,474 -11.7%
WEC Dec. 31, 2025 1,905 $218,294 -3.7%
SHW Sept. 30, 2025 634 $217,690 -7.7%
BROS Sept. 30, 2025 3,182 $217,553 -26.1%
PAM Sept. 30, 2025 3,135 $217,506 27.2%
PINS June 30, 2025 6,970 $216,070 -46.3%
RELX Sept. 30, 2025 3,964 $215,404 -30.0%
AZZ Sept. 30, 2025 2,251 $212,674 27.7%
CSGP June 30, 2025 2,680 $212,336 -65.9%
PANW Dec. 31, 2025 1,030 $209,729 118.9%
HALO June 30, 2025 3,277 $209,105 111.2%
DORM June 30, 2025 1,731 $208,655 0.3%
ETR June 30, 2025 2,436 $208,254 21.4%
CTAS Dec. 31, 2025 1,014 $208,134 2.6%
SLYV March 31, 2026 2,280 $207,412 9.9%
MELI Dec. 31, 2025 88 $205,651 -15.8%
AEP Sept. 30, 2025 1,979 $205,341 6.3%
SBUX March 31, 2026 2,438 $205,313 5.7%
TFPM Dec. 31, 2025 6,968 $203,884 -7.9%
DUK Dec. 31, 2025 1,647 $203,816 -2.6%
HWM March 31, 2026 994 $203,790 0.4%
IWP March 31, 2026 1,486 $203,493 8.9%
TRP Sept. 30, 2025 4,142 $202,088 8.6%
UPS Sept. 30, 2025 1,993 $201,173 11.4%
SLYG Dec. 31, 2025 2,124 $200,314 15.3%
HMY June 30, 2026 12,242 $188,160 14.3%
CCC Sept. 30, 2025 19,919 $187,438 -28.0%
SMFG Sept. 30, 2025 12,265 $185,324 51.7%
HBAN Sept. 30, 2025 10,155 $170,198 -11.2%
HLN Sept. 30, 2025 16,230 $168,305 -1.9%
ATEC Dec. 31, 2025 10,741 $156,174 -52.3%
ARHS Sept. 30, 2025 15,892 $137,784 -3.7%
FOLD Sept. 30, 2025 22,165 $127,005 No longer tracked
NEOG June 30, 2025 12,931 $112,112 154.2%
TIGR March 31, 2026 10,981 $104,978 -34.0%
VNET June 30, 2026 12,364 $103,734 -36.2%
VNET Sept. 30, 2025 14,537 $100,305 -50.3%
ERIC Sept. 30, 2025 11,034 $93,568 12.3%
SAN Sept. 30, 2025 10,903 $90,495 27.5%
AMCR Dec. 31, 2025 10,682 $87,379 0.4%
NOK Sept. 30, 2025 16,861 $87,340 120.4%
AEG Sept. 30, 2025 10,206 $73,891 5.8%
TELFY Sept. 30, 2025 10,123 $52,943 No longer tracked