与标普500指数的表现对比

03
追踪时间 Q1 2025–Q2 2026 -4.3%
标普500指数同期总回报率 +37.0%
超额回报 -41.3%

年化：-3.5% · 标普500指数：+28.7%

近似于基于季度SEC 13F快照构建的买入并持有投资组合。不包括现金、空头头寸、期权/衍生品和非13(f)证券——仅反映已披露的多头股票账簿，而非基金总资产管理规模。SEC文件延迟最多可达45天；这不是一个可实时复制的交易。

可定价覆盖率：93.0% · 已排除期权：0.0%

行业细分

04
Financials 26.3%
Technology 26.1%
Retail 19.0%
Real Estate 10.5%
Industrials 9.0%
Health Care 4.0%
Energy 3.8%
Communication Services 0.6%
Utilities 0.1%
Consumer Discretionary 0.1%
其他/未映射 0.7%

完整投资组合 79 持仓

05
类型 连胜 8个季度趋势
MSFT Microsoft Corporation - Common Stock $89376519 10.89% 239602 $-985707 下跌 ×6
MKL Markel Group Inc. Common Stock $86350091 10.52% 44214 $-1375743 下跌 ×6
AMZN Amazon.com, Inc. - Common Stock $85938730 10.47% 360572 $7780518 下跌 ×6
ORLY O'Reilly Automotive, Inc. - Common Stock $67331880 8.20% 731153 $-1872927 下跌 ×4
AMT American Tower Corporation (REIT) Common Stock $66591893 8.11% 407116 $-5089635 下跌 ×6
AAPL Apple Inc. - Common Stock $62258065 7.59% 215158 $4172941 下跌 ×6
BRK-B (申报为 BRKB) Berkshire Hathaway Inc. Class B $53599375 6.53% 107115 $1395039 下跌 ×6
MA Mastercard Incorporated Common Stock $32752232 3.99% 63770 $240831 下跌 ×1
CPRT Copart, Inc. - Common Stock $30476857 3.71% 1081123 $-6341976 下跌 ×2
ADBE Adobe Inc. - Common Stock $27796817 3.39% 135581 $-2986348 上涨 ×4
WAY Waystar Holding Corp. - Common Stock $23501040 2.86% 1144717 $35741 上涨 ×6
OLED Universal Display Corporation - Common Stock $19743732 2.41% 228014 $-1351955 下跌 ×2
BOKF BOK Financial Corporation - Common Stock $17223481 2.10% 124017 $1221488 下跌 ×3
AMTM Amentum Holdings, Inc. Common Stock $16778376 2.04% 811726 $-5157486 下跌 ×5
LMT Lockheed Martin Corporation Common Stock $15984308 1.95% 31375 $-3327010 下跌 ×5
V Visa Inc. $13794610 1.68% 40207 $1380111 下跌 ×2
ATOM Atomera Incorporated - Common Stock $12792029 1.56% 1468660 $7224038 上涨 ×6
SBAC SBA Communications Corporation - Class A Common Stock $10936814 1.33% 61979 $309452 上涨 ×1
MPLX MPLX LP Common Units Representing Limited Partner Interests $10441667 1.27% 185366 $-224259 下跌 ×1
ET Energy Transfer LP Common Units $8611017 1.05% 450367 $-99594 下跌 ×1
ERII Energy Recovery, Inc. - Common Stock $6258856 0.76% 693886 $-1975942 下跌 ×6
KMI Kinder Morgan, Inc. Common Stock $4639966 0.57% 145135 $-228087 下跌 ×1
EPD Enterprise Products Partners L.P. Common Stock $4612571 0.56% 125478 $-135517
BRK-A (申报为 BRKA) Berkshire Hathaway Inc. Class A $4493100 0.55% 6 $184260
GOOG Alphabet Inc. - Class C Capital Stock $3877944 0.47% 10975 $788342 上涨 ×1
MOH Molina Healthcare Inc Common Stock $3283217 0.40% 14356 $1315442 下跌 ×1
EQIX Equinix, Inc. - Common Stock $2857191 0.35% 2741 $170353
COHR Coherent Corp. Common Stock $2240984 0.27% 5681 $785521 下跌 ×1
STWD STARWOOD PROPERTY TRUST, INC. Starwood Property Trust Inc. $2202750 0.27% 134478 $-142493 下跌 ×2
AX Axos Financial, Inc. Common Stock $2024738 0.25% 20790 $255717
CTSO Cytosorbents Corporation - Common Stock $1940768 0.24% 5189218 $-1012926 下跌 ×2
PHYS Sprott Physical Gold Trust ETV $1819553 0.22% 60310 $-317833
ADPT Adaptive Biotechnologies Corporation - Common Stock $1605854 0.20% 74865 $545908 下跌 ×1
INTC Intel Corporation - Common Stock $1590805 0.19% 11393 $1088032
AIG American International Group, Inc. New Common Stock $1504015 0.18% 20180 $-14530
BAC Bank of America Corporation Common Stock $1406836 0.17% 24690 $203198
VOO VANGUARD INDEX FUNDS $1325543 0.16% 1930 $172271
BRSP BrightSpire Capital, Inc. Class A Common Stock $1209355 0.15% 221900 $-33285
XOM Exxon Mobil Corporation Common Stock $1140928 0.14% 8345 $-274885
LAMR Lamar Advertising Company - Class A Common Stock $1057544 0.13% 6780 $198789
BSM Black Stone Minerals, L.P. Common units representing limited partner interests $1032383 0.13% 73900 $-84985
DLTR Dollar Tree, Inc. - Common Stock $970019 0.12% 8020 $656820 上涨 ×1
BN Brookfield Corporation Class A Limited Voting Shares $958275 0.12% 22500 $47700
PRVA Privia Health Group, Inc. - Common Stock $945449 0.12% 36745 $189604
BIP Brookfield Infrastructure Partners LP Limited Partnership Units $841861 0.10% 23071 $8536
GLD SPDR Gold Shares $778755 0.09% 2114 $-130878
GOOD Gladstone Commercial Corporation - Real Estate Investment Trust $773399 0.09% 62878 $10469 下跌 ×2
NEWT NewtekOne, Inc. - Common Stock $604248 0.07% 40800 $157488
ANET Arista Networks, Inc. Common Stock $587105 0.07% 3456 $173336 上涨 ×1
KMX CarMax Inc $582848 0.07% 11020 $124595 下跌 ×6
VT VANGUARD INTERNATIONAL EQUITY INDEX FUNDS $551365 0.07% 3513 上涨 ×1
VABK Virginia National Bankshares Corporation - Common Stock $479304 0.06% 10800 $66744
COST Costco Wholesale Corporation - Common Stock $467735 0.06% 500 $-30480
DPZ Domino's Pizza Inc - Common Stock $462118 0.06% 1561 上涨 ×1
OPRX OptimizeRx Corporation - Common Stock $422479 0.05% 73860 $-62714 下跌 ×1
AGG iShares Trust $404234 0.05% 4084 上涨 ×1
WMT Walmart Inc. - Common Stock $396523 0.05% 3501 $-38581
LHX L3Harris Technologies, Inc. Common Stock $394331 0.05% 1357 $-74038
ENVX Enovix Corporation - Common Stock $381366 0.05% 62828 $55917
TRGP Targa Resources, Inc. Common Stock $381027 0.05% 1421 $-20642 下跌 ×1
ABBV AbbVie Inc. Common Stock $367898 0.04% 1462 $49928
GE GE Aerospace Common Stock $345700 0.04% 925 $83213
IVV iShares Trust $326516 0.04% 436 上涨 ×1
RTX RTX Corporation Common Stock $318557 0.04% 1679 $3358 上涨 ×1
MGNI Magnite, Inc. - Common Stock $317251 0.04% 16715 $106797 下跌 ×1
CCC CCC Intelligent Solutions Holdings Inc. - Common Stock $314538 0.04% 60957 $-51204
PNC PNC Financial Services Group, Inc. (The) Common Stock $311715 0.04% 1266 $48273
DELL Dell Technologies Inc. Class C Common Stock $303748 0.04% 704 上涨 ×1
GEV GE Vernova Inc. Common Stock $271393 0.03% 231 $69753
CAT Caterpillar, Inc. Common Stock $266225 0.03% 250 上涨 ×1
DIS Walt Disney Company (The) Common Stock $251116 0.03% 2609 $-339
未知发行人 (CUSIP: G29183101) $228826 0.03% 537 上涨 ×1
CCI Crown Castle Inc. Common Stock $227190 0.03% 3000 $-36254 下跌 ×1
ENB Enbridge Inc Common Stock $215485 0.03% 3975 $278
BK The Bank of New York Mellon Corporation Common Stock $213589 0.03% 1477 上涨 ×1
SIRI SiriusXM Holdings Inc. - Common Stock $206780 0.03% 7000 上涨 ×1
PODD Insulet Corporation - Common Stock $204776 0.02% 1345 $-32343 上涨 ×1
JNJ Johnson & Johnson Common Stock $204338 0.02% 805 上涨 ×1
TPVG TriplePoint Venture Growth BDC Corp. Common Stock $54010 0.01% 11000 $-880

重仓股

08

持仓连续增加3个季度以上。

持股数量按13F申报数据报告（未按拆股调整）

证券价值% 占投资组合连胜
ADBE $27796817 3.39% 上涨 ×4
WAY $23501040 2.86% 上涨 ×6
ATOM $12792029 1.56% 上涨 ×6

最大新仓位

09

本季度新开仓位，按规模从大到小排序。

证券价值股份% 占投资组合
VT $551365 3513 0.07%
DPZ $462118 1561 0.06%
AGG $404234 4084 0.05%
IVV $326516 436 0.04%
DELL $303748 704 0.04%
CAT $266225 250 0.03%
未知发行人 (CUSIP: G29183101) $228826 537 0.03%
BK $213589 1477 0.03%
SIRI $206780 7000 0.03%
JNJ $204338 805 0.02%

季度涨幅榜

10
证券操作股份变动价值变动
AMZN 削减 -15K +$7.8M
ATOM 增持 +7K +$7.2M
CPRT 削减 -28K -$6.3M
AMTM 削减 -29K -$5.2M
AMT 削减 -8K -$5.1M
AAPL 削减 -14K +$4.2M
LMT 削减 -577 -$3.3M
ADBE 增持 +9K -$3.0M
ERII 削减 -124K -$2.0M
ORLY 削减 -19K -$1.9M

已退出持仓

11

包含公司事件（合并、退市）——并非所有退出都是卖出

已关闭的头寸反映了 13F 报告的变更；对于指数管理人来说，这些通常是机械性的（退市、并购、指数再平衡），而不是主动决策。

证券季度先前持股数先前价值退出后价格
AES 2026年3月31日 95722 $1372653 5.8%
DBRG 2026年3月31日 73139 $1121952 3.8%
WBA 2025年9月30日 51440 $590531 不再跟踪
ORCL 2026年3月31日 1350 $263129 -3.3%
PCAR 2026年6月30日 2250 $259875 -8.7%
BHRB 2026年6月30日 4000 $249160 -2.8%
LULU 2026年6月30日 1500 $229650 -17.3%
QQQ 2026年3月31日 344 $211323 29.0%
ABT 2025年12月31日 1553 $207955 -22.2%
BHRB 2025年9月30日 3450 $206069 13.2%
ENB 2025年12月31日 3975 $200579 -3.9%
DENN 2025年12月31日 30040 $157109 不再跟踪
LUNA 2025年9月30日 119080 $105386 不再跟踪