Sector breakdown

04
Financials 27.5%
Technology 24.9%
Industrials 17.8%
Healthcare 13.9%
Consumer Discretionary 6.7%
Consumer Staples 0.2%
Other/Unmapped 9.2%

Full portfolio 23 positions

05
Type Streak 8Q trend
OLED Universal Display Corporation - Common Stock $63,716,093 8.27% 703,521 $18,150,327 Up ×3
MCO Moody's Corporation Common Stock $63,526,379 8.25% 141,570 $28,278,458 Up ×2
MSFT Microsoft Corporation - Common Stock $56,863,337 7.38% 140,205 $9,679,709 Up ×2
NDSN Nordson Corporation - Common Stock $55,144,168 7.16% 191,958 $9,604,756 Up ×2
GNTX Gentex Corporation - Common Stock $51,260,506 6.66% 2,107,299 $14,648,459 Up ×2
MTD Mettler-Toledo International, Inc. Common Stock $51,139,167 6.64% 44,343 $32,606,061 Up ×2
MA Mastercard Incorporated Common Stock $47,358,837 6.15% 95,940 $-10,425,406 Down ×1
V Visa Inc. $41,377,928 5.37% 126,672 $-200,145 Up ×2
VRSK Verisk Analytics, Inc. - Common Stock $39,494,279 5.13% 225,561 $12,825,670 Up ×2
INTU Intuit Inc. - Common Stock $38,669,626 5.02% 120,315 $-2,174,981 Up ×2
NVO Novo Nordisk A/S Common Stock $37,319,978 4.85% 830,388 $8,334,930 Up ×2
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $33,087,798 4.30% 68,400 $12,416,567 Up ×2
FICO Fair Isaac Corporation Common Stock $32,200,631 4.18% 27,534 $24,481,695 Up ×2
Unknown issuer (CUSIP: 282410000) $27,557,202 3.58% 311,607 $20,576,571 Up ×1
CB Chubb Limited Common Stock $26,210,121 3.40% 80,652 $10,637,869 Up ×2
Unknown issuer (CUSIP: 565251080) $26,030,248 3.38% 204,736 $23,347,648 Up ×2
HTFL Heartflow, Inc. - Common Stock $18,363,954 2.38% 599,194 $10,234,343 Up ×3
XYL Xylem Inc. Common Stock New $18,262,404 2.37% 164,256 $-4,995,018 Down ×1
EZRA Reliance Global Group, Inc. - Common Stock $17,328,935 2.25% 45,566 $6,204,135 Up ×1
PAYX Paychex, Inc. - Common Stock $15,123,866 1.96% 156,379 $12,090,631 Up ×1
WCN Waste Connections, Inc. Common Shares $5,946,393 0.77% 37,165 Up ×1
CSX CSX Corporation - Common Stock $2,947,476 0.38% 63,806 $-729,095 Down ×1
MKC McCormick & Company, Incorporated Common Stock $1,196,258 0.16% 24,927 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
OLED $63,716,093 8.27% up ×3
HTFL $18,363,954 2.38% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
WCN $5,946,393 37,165 0.77%
MKC $1,196,258 24,927 0.16%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
MTD Bought more +31K +$32.6M
MCO Bought more +72K +$28.3M
FICO Bought more +22K +$24.5M
· Bought more +253K +$20.6M
OLED Bought more +317K +$18.2M
GNTX Bought more +566K +$14.6M
VRSK Bought more +101K +$12.8M
BRK-B (filed as BRKB) Bought more +26K +$12.4M
PAYX Bought more +123K +$12.1M
CB Bought more +31K +$10.6M

1 position 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
SLB June 30, 2026 669,474 $29,296,473 4.8%
TER June 30, 2026 61,749 $13,893,727 -7.2%
MA June 30, 2025 21,372 $11,714,421 -1.7%
V June 30, 2025 30,038 $10,527,117 1.6%
VRSK June 30, 2025 21,387 $6,365,199 -47.4%
OLED June 30, 2025 35,081 $4,893,098 -48.0%
RS Sept. 30, 2025 15,503 $4,866,392 42.5%
BMI Sept. 30, 2025 17,748 $4,347,373 -28.5%
BRK-B (filed as BRKB) Sept. 30, 2025 8,680 $4,216,484 No longer tracked
XYL June 30, 2025 20,294 $2,424,321 -21.3%
CB June 30, 2025 7,520 $2,270,965 14.2%
EZRA Dec. 31, 2025 7,448 $2,091,622 330.5%
RS March 31, 2026 6,347 $1,833,458 31.7%
QCOM June 30, 2025 11,498 $1,766,208 16.1%
ABT March 31, 2026 10,049 $1,259,039 -5.0%
ZTS June 30, 2025 2,351 $387,092 -55.3%