DaveManuel.com · Institutional Ownership · 13F Holdings

D.A. DAVIDSON & CO.

Reported holdings as of Q3 2026, from 32 quarterly filings.

CIK

1080107

Reported value

$18.6B

Positions

1,594

Top 10 weight

29.6%

Filed

2026-10-28

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
VANGUARD INDEX FDS	VTV	$1.2B	5,665,587	6.58%	-0.28pp	32q	HELD
VANGUARD INDEX FDS	VUG	$995.5M	11,047,446	5.35%	+0.14pp	32q	+1.1%+$10.8M
ISHARES TR	IXUS	$768.1M	8,086,048	4.13%	-0.05pp	32q	+2.2%+$16.4M
ISHARES TR	AGG	$548.5M	5,801,590	2.95%	+0.05pp	32q	+9.6%+$47.9M
APPLE INC	AAPL	$489.4M	1,469,533	2.63%	+0.23pp	32q	-2.1%-$10.4M
MICROSOFT CORP PUT	MSFT	$465.1M	906,797	2.50%	+0.67pp	32q	+2.0%+$9.2M
ISHARES TR	IWN	$270.1M	1,289,398	1.45%	-0.12pp	32q	+0.6%+$1.6M
VANGUARD TAX-MANAGED FDS	VEA	$258.1M	3,655,808	1.39%	flat	32q	+3.6%+$8.9M
NVIDIA CORPORATION PUT	NVDA	$255.3M	1,117,726	1.37%	+0.18pp	32q	+3.5%+$8.5M
SPDR SERIES TRUST	SPIB	$233.9M	7,246,398	1.26%	+0.02pp	16q	+8.7%+$18.7M
BROADCOM INC	AVGO	$231.4M	658,959	1.24%	-0.14pp	32q	-0.6%-$1.4M
VANGUARD INDEX FDS	VTI	$229.5M	613,216	1.23%	+0.40pp	32q	+50.0%+$76.5M
AMAZON COM INC CALL	AMZN	$199.9M	802,378	1.07%	+0.04pp	32q	+2.3%+$4.4M
ISHARES TR	IWO	$195.3M	547,154	1.05%	-0.15pp	32q	-0.6%-$1.1M
ISHARES TR	IWF	$188.3M	1,502,938	1.01%	-0.01pp	32q	+0.9%+$1.6M
CAPITAL GROUP DIVIDEND VALUE	CGDV	$184.7M	3,780,677	0.99%	-0.02pp	18q	+1.3%+$2.4M
VANGUARD INDEX FDS	VOO	$178.6M	254,887	0.96%	-0.01pp	32q	HELD
COSTCO WHOLESALE CORPORATION	COST	$172.9M	189,880	0.93%	-0.05pp	32q	+0.6%+$1.0M
ISHARES TR	IJJ	$161.3M	1,171,523	0.87%	-0.06pp	32q	+3.4%+$5.4M
JOHNSON & JOHNSON	JNJ	$159.2M	601,345	0.86%	-0.01pp	32q	-2.4%-$3.9M
RTX CORPORATION	RTX	$158.9M	856,019	0.85%	-0.08pp	26q	-3.4%-$5.5M
BERKSHIRE HATHAWAY INC DEL	BRKB	$158.5M	318,326	0.85%	+0.01pp	32q	+4.2%+$6.4M
ALPHABET INC	GOOGL	$154.4M	448,865	0.83%	-0.03pp	32q	+2.9%+$4.3M
VANGUARD WHITEHALL FDS	VYM	$149.0M	960,180	0.80%	+0.04pp	32q	+10.6%+$14.3M
ISHARES TR	IVV	$145.0M	189,312	0.78%	+0.02pp	32q	+3.6%+$5.1M
ISHARES TR	IJK	$140.7M	1,283,941	0.76%	-0.06pp	32q	+2.6%+$3.6M
ISHARES TR	QUAL	$140.7M	632,935	0.76%	+0.01pp	32q	+2.8%+$3.8M
JPMORGAN CHASE & CO	JPM	$130.9M	395,727	0.70%	-0.01pp	32q	+0.7%+$931.6K
VISA INC	V	$130.2M	362,355	0.70%	+0.01pp	32q	HELD
INVESCO EXCHANGE TRADED FD T	PRF	$122.1M	2,243,176	0.66%	+0.01pp	32q	+3.1%+$3.7M
VANGUARD INTL EQUITY INDEX F	VWO	$122.0M	2,057,168	0.66%	flat	32q	+3.8%+$4.5M
INVESCO QQQ TR	QQQ	$122.0M	164,879	0.66%	-0.01pp	32q	+1.5%+$1.8M
CUMMINS INC	CMI	$116.4M	225,246	0.63%	-0.33pp	32q	-6.6%-$8.3M
ALPHABET INC	GOOG	$108.8M	319,353	0.58%	-0.03pp	32q	+0.7%+$795.6K
CHUBB LIMITED	CB	$108.1M	332,412	0.58%	-0.06pp	32q	-1.8%-$2.0M
DIMENSIONAL ETF TRUST	DFAX	$104.8M	2,831,810	0.56%	-0.01pp	21q	+1.5%+$1.5M
PFIZER INC	PFE	$94.0M	3,296,392	0.51%	+0.09pp	32q	+6.4%+$5.6M
VANGUARD BD INDEX FDS	BSV	$91.1M	1,192,175	0.49%	+0.02pp	32q	+10.1%+$8.4M
AUTOMATIC DATA PROCESSING IN	ADP	$90.1M	349,242	0.48%	+0.01pp	32q	-8.0%-$7.8M
AMGEN INC	AMGN	$88.4M	209,707	0.47%	+0.05pp	32q	-1.2%-$1.1M
STATE STR SPDR S&P 500 ETF T PUT	SPY	$82.2M	107,737	0.44%	+0.04pp	32q	+11.8%+$8.6M
CHEVRON CORPORATION	CVX	$80.8M	395,892	0.43%	+0.08pp	32q	+1.3%+$1.1M
SCHWAB STRATEGIC TR	SCHD	$80.0M	2,459,209	0.43%	+0.09pp	32q	+25.8%+$16.4M
NEXTERA ENERGY INC	NEE	$78.8M	1,040,454	0.42%	-0.08pp	32q	-0.5%-$413.1K
S&P GLOBAL INC	SPGI	$78.3M	198,487	0.42%	-0.03pp	32q	HELD
FIRST TR EXCHANGE-TRADED FD	FTHI	$78.0M	3,305,496	0.42%	+0.01pp	12q	+5.7%+$4.2M
MERCK & CO INC	MRK	$77.6M	534,194	0.42%	+0.02pp	32q	-3.2%-$2.6M
FIRST TR EXCHANGE TRADED FD	RDVY	$74.9M	956,176	0.40%	-0.04pp	32q	-2.1%-$1.6M
INVESCO EXCHANGE TRADED FD T	RSP	$74.0M	355,736	0.40%	+0.17pp	32q	+86.5%+$34.3M
QUALCOMM INC	QCOM	$72.4M	393,633	0.39%	-0.01pp	32q	HELD
ACCENTURE PLC IRELAND	ACN	$71.5M	390,176	0.38%	+0.16pp	32q	+22.0%+$12.9M
ISHARES TR	SGOV	$71.2M	707,373	0.38%	-0.01pp	6q	HELD
META PLATFORMS INC	META	$70.2M	96,817	0.38%	+0.09pp	32q	+4.8%+$3.2M
MICRON TECHNOLOGY INC	MU	$67.4M	63,312	0.36%	flat	32q	+12.4%+$7.4M
PROLOGIS INC.	PLD	$67.4M	518,863	0.36%	-0.03pp	23q	-1.6%-$1.1M
ABBVIE INC	ABBV	$66.8M	255,285	0.36%	+0.02pp	32q	+4.8%+$3.0M
CATERPILLAR INC	CAT	$65.7M	81,061	0.35%	-0.10pp	32q	+4.3%+$2.7M
ELI LILLY & CO	LLY	$65.3M	56,462	0.35%	-0.02pp	32q	+1.1%+$681.5K
VANGUARD STAR FDS	VXUS	$64.0M	752,789	0.34%	-0.02pp	32q	-1.0%-$627.3K
VANGUARD SPECIALIZED FUNDS	VIG	$62.9M	269,557	0.34%	+0.02pp	32q	+10.5%+$6.0M
PEPSICO INC	PEP	$62.6M	493,959	0.34%	-0.03pp	32q	HELD
ECOLAB INC	ECL	$62.3M	226,771	0.33%	flat	32q	+4.3%+$2.6M
SSGA ACTIVE ETF TR	RLY	$61.7M	1,705,315	0.33%	+0.02pp	20q	+5.6%+$3.3M
LOWES COS INC	LOW	$58.1M	315,453	0.31%	-0.04pp	32q	+7.8%+$4.2M
VANGUARD INDEX FDS	VO	$54.3M	691,840	0.29%	+0.09pp	32q	+52.9%+$18.8M
GOLDMAN SACHS GROUP INC	GS	$53.0M	58,888	0.28%	-0.04pp	32q	+2.5%+$1.3M
WALMART INC	WMT	$52.5M	505,371	0.28%	+0.01pp	32q	+16.9%+$7.6M
DEERE CO	DE	$49.6M	73,896	0.27%	+0.01pp	32q	HELD
VANGUARD INDEX FDS	VB	$47.5M	166,982	0.26%	+0.03pp	32q	+26.3%+$9.9M
TORTOISE CAPITAL SERIES TRUS	TNGY	$47.2M	4,457,158	0.25%	+0.02pp	6q	+2.6%+$1.2M
SERVICENOW INC	NOW	$44.9M	334,709	0.24%	+0.06pp	32q	+2.3%+$997.7K
BERKSHIRE HATHAWAY INC DEL	BRKA	$43.3M	58	0.23%	-0.01pp	32q	HELD
PACER FDS TR	COWZ	$43.2M	647,315	0.23%	flat	19q	-4.1%-$1.9M
RBB FUND TRUST	FEGE	$43.0M	857,343	0.23%	+0.10pp	6q	+78.1%+$18.9M
SPDR SERIES TRUST	BIL	$42.7M	465,785	0.23%	+0.01pp	8q	+8.1%+$3.2M
BOEING CO	BA	$42.5M	228,642	0.23%	-0.04pp	32q	+2.9%+$1.2M
CROWDSTRIKE HLDGS INC	CRWD	$41.8M	158,061	0.22%	+0.05pp	25q	-6.8%-$3.0M
CHARLES SCHWAB CORP (THE)	SCHW	$41.5M	424,810	0.22%	+0.01pp	32q	HELD
UNION PAC CORP	UNP	$41.4M	151,999	0.22%	-0.01pp	32q	-1.7%-$716.2K
CAPITAL GROUP GROWTH ETF	CGGR	$38.6M	813,767	0.21%	flat	17q	+0.6%+$235.7K
VANGUARD SCOTTSDALE FDS	VONG	$38.6M	299,091	0.21%	flat	29q	+3.5%+$1.3M
UMH PPTYS INC	UMH	$38.5M	2,497,888	0.21%	+0.04pp	32q	+28.5%+$8.5M
INTERNATIONAL BUSINESS MACHS	IBM	$38.0M	172,560	0.20%	-0.08pp	32q	-6.8%-$2.8M
CISCO SYS INC	CSCO	$37.5M	348,502	0.20%	-0.02pp	32q	+0.7%+$272.6K
CAPITAL GROUP INTERNATIONAL	CGIC	$37.3M	1,037,437	0.20%	+0.07pp	7q	+56.5%+$13.5M
DIMENSIONAL ETF TRUST	DFAI	$36.9M	891,845	0.20%	+0.06pp	22q	+42.0%+$10.9M
FIRST TR EXCHANGE-TRADED FD	SDVY	$36.2M	892,340	0.19%	-0.01pp	20q	+5.0%+$1.7M
ISHARES TR	ESGD	$35.8M	347,489	0.19%	-0.01pp	32q	-2.5%-$919.2K
ISHARES TR	IWR	$35.2M	330,194	0.19%	-0.01pp	32q	+2.6%+$879.8K
TESLA INC CALL	TSLA	$33.9M	93,014	0.18%	-0.05pp	32q	-6.3%-$2.3M
ISHARES TR	IJH	$33.9M	471,398	0.18%	+0.04pp	32q	+45.8%+$10.7M
ADVANCED MICRO DEVICES INC	AMD	$33.9M	55,346	0.18%	flat	27q	-4.1%-$1.5M
SPDR GOLD TR	GLD	$33.7M	88,449	0.18%	flat	32q	+2.0%+$676.0K
TAIWAN SEMICONDUCTOR MANUFAC	TSM	$33.3M	72,964	0.18%	-0.01pp	32q	HELD
UNITEDHEALTH GROUP INC	UNH	$32.7M	88,998	0.18%	-0.02pp	32q	+4.7%+$1.5M
PROCTER & GAMBLE CO	PG	$32.6M	224,320	0.18%	+0.01pp	32q	+9.0%+$2.7M
ISHARES TR	IWM	$31.3M	112,547	0.17%	-0.02pp	32q	HELD
ISHARES INC	EUSA	$31.2M	280,145	0.17%	-0.01pp	26q	-1.5%-$470.4K
CAPITAL GROUP GBL GROWTH EQT	CGGO	$30.0M	753,460	0.16%	-0.02pp	17q	-2.0%-$596.9K
VERIZON COMMUNICATIONS INC	VZ	$29.7M	646,994	0.16%	flat	32q	-3.0%-$933.6K
PIMCO ETF TR	PYLD	$29.5M	1,161,956	0.16%	-0.01pp	8q	HELD
J P MORGAN EXCHANGE TRADED F	JCPB	$29.3M	653,318	0.16%	flat	14q	+5.7%+$1.6M
FIRST TR EXCHANGE-TRADED FD	FV	$28.5M	388,173	0.15%	-0.01pp	32q	-1.4%-$401.9K
J P MORGAN EXCHANGE TRADED F	JBND	$28.5M	557,219	0.15%	-0.01pp	7q	+0.7%+$195.8K
PALO ALTO NETWORKS INC	PANW	$28.3M	71,131	0.15%	+0.01pp	32q	-2.5%-$737.8K
CAPITAL GROUP INTL FOCUS EQT	CGXU	$28.0M	817,458	0.15%	flat	18q	+2.0%+$543.1K
J P MORGAN EXCHANGE TRADED F	JPIE	$27.3M	609,237	0.15%	flat	15q	+4.7%+$1.2M
MCDONALDS CORP	MCD	$27.3M	118,115	0.15%	-0.06pp	32q	-14.7%-$4.7M
VANGUARD WORLD FD	MGK	$27.0M	290,949	0.14%	flat	32q	-3.7%-$1.0M
SHOPIFY INC	SHOP	$26.8M	180,786	0.14%	+0.03pp	32q	+1.3%+$343.0K
J P MORGAN EXCHANGE TRADED F	JQUA	$26.7M	361,673	0.14%	+0.10pp	15q	+230.5%+$18.6M
BANK OF AMER CORP	BAC	$26.4M	485,051	0.14%	-0.01pp	32q	+3.0%+$770.7K
GENERAL DYNAMICS CORP	GD	$26.3M	79,400	0.14%	-0.01pp	32q	-0.6%-$152.0K
EOG RES INC	EOG	$26.3M	190,949	0.14%	+0.02pp	32q	+8.9%+$2.1M
CAPITAL GROUP CORE EQUITY ET	CGUS	$26.3M	590,273	0.14%	flat	18q	+1.5%+$386.6K
STRYKER CORPORATION	SYK	$26.2M	95,169	0.14%	-0.02pp	32q	+3.3%+$825.3K
FIRST TR EXCHANGE-TRADED FD	FTCS	$26.1M	278,232	0.14%	flat	32q	HELD
ISHARES TR	IJR	$25.9M	190,329	0.14%	-0.01pp	32q	+3.5%+$885.9K
US BANCORP	USB	$25.9M	448,256	0.14%	-0.01pp	32q	-2.0%-$527.1K
ALTRIA GROUP INC	MO	$25.4M	377,776	0.14%	-0.01pp	32q	+1.5%+$380.5K
VANGUARD BD INDEX FDS	BND	$25.4M	362,634	0.14%	-0.01pp	32q	+1.9%+$477.6K
DISNEY WALT CO	DIS	$25.2M	240,109	0.14%	flat	32q	-3.2%-$832.2K
MARVELL TECHNOLOGY INC	MRVL	$24.9M	94,101	0.13%	-0.02pp	22q	+3.3%+$796.1K
DUKE ENERGY CORP NEW	DUK	$24.4M	214,317	0.13%	-0.02pp	32q	-1.6%-$409.1K
QUANTA SVCS INC	PWR	$24.3M	37,809	0.13%	-0.04pp	24q	-9.2%-$2.5M
COCA COLA CO	KO	$24.0M	278,969	0.13%	flat	32q	HELD
WISDOMTREE TR	DGRW	$23.6M	242,925	0.13%	flat	15q	+2.4%+$549.0K
LAM RESEARCH CORP	LRCX	$23.4M	71,288	0.13%	-0.05pp	8q	-4.9%-$1.2M
CAPITAL GRP FIXED INCM ETF T	CGCP	$23.3M	1,101,370	0.13%	flat	18q	+12.0%+$2.5M
FIRST TR EXCHANGE-TRADED FD	FVD	$23.3M	496,696	0.13%	-0.01pp	32q	-0.8%-$194.0K
FREEPORT-MCMORAN INC	FCX	$22.7M	324,442	0.12%	+0.01pp	27q	+1.0%+$233.3K
NOVARTIS AG	NVS	$22.7M	158,934	0.12%	-0.02pp	32q	-2.5%-$582.1K
ISHARES TR	EFA	$22.6M	217,443	0.12%	-0.04pp	32q	-22.2%-$6.5M
AUTODESK INC	ADSK	$22.1M	105,915	0.12%	+0.01pp	32q	+1.3%+$284.9K
SELECT SECTOR SPDR TR	XLK	$22.1M	112,987	0.12%	+0.01pp	32q	+6.6%+$1.4M
HOME DEPOT INC	HD	$22.0M	77,208	0.12%	-0.03pp	32q	HELD
PACER FDS TR	CALF	$21.9M	411,113	0.12%	+0.01pp	14q	+2.8%+$598.6K
BLACKSTONE INC	BX	$21.9M	195,410	0.12%	+0.02pp	29q	+30.0%+$5.1M
APPLIED MATLS INC	AMAT	$21.5M	42,012	0.12%	-0.08pp	32q	-14.0%-$3.5M
WELLS FARGO & CO	WFC	$21.4M	267,594	0.12%	+0.01pp	32q	+16.0%+$3.0M
MORGAN STANLEY ETF TRUST	EVSD	$21.4M	429,293	0.11%	flat	6q	+7.9%+$1.6M
MASTERCARD INCORPORATED	MA	$20.7M	37,606	0.11%	+0.01pp	32q	+2.6%+$523.3K
CAPITAL GRP FIXED INCM ETF T	CGCB	$20.7M	829,001	0.11%	-0.02pp	12q	-10.2%-$2.4M
EMERSON ELEC CO	EMR	$20.5M	132,367	0.11%	+0.01pp	32q	+2.2%+$435.1K
LOCKHEED MARTIN CORP	LMT	$20.3M	39,874	0.11%	flat	32q	+5.5%+$1.1M
BRISTOL-MYERS SQUIBB CO	BMY	$20.3M	324,751	0.11%	+0.01pp	32q	HELD
SNOWFLAKE INC	SNOW	$20.3M	59,671	0.11%	+0.01pp	16q	-13.8%-$3.2M
SELECT SECTOR SPDR TR	XLE	$20.2M	329,191	0.11%	+0.02pp	32q	+3.4%+$660.9K
WISDOMTREE TR	DLN	$20.2M	208,035	0.11%	flat	32q	-0.7%-$149.3K
FIRST TR EXCHANGE-TRADED FD	FDL	$20.2M	411,374	0.11%	-0.02pp	32q	-11.4%-$2.6M
PHILLIPS 66	PSX	$20.2M	79,109	0.11%	+0.02pp	32q	-17.8%-$4.4M
T ROWE PRICE EXCHANGE-TRADED	TCAF	$20.1M	476,242	0.11%	flat	10q	+1.1%+$217.5K
CONOCOPHILLIPS	COP	$20.1M	160,493	0.11%	+0.01pp	32q	-2.3%-$480.8K
INTEL CORP	INTC	$20.1M	166,848	0.11%	-0.02pp	32q	-2.3%-$481.8K
ISHARES TR	IBTK	$19.8M	1,042,284	0.11%	flat	16q	+3.2%+$612.4K
FIRST TR EXCHANGE TRADED FD	CIBR	$19.2M	186,522	0.10%	+0.02pp	30q	+11.8%+$2.0M
WASTE MGMT INC DEL	WM	$19.0M	93,142	0.10%	-0.01pp	32q	+1.3%+$252.0K
ALPS ETF TR	AMLP	$18.9M	364,555	0.10%	flat	26q	+2.3%+$428.9K
KINDER MORGAN INC DEL	KMI	$18.8M	621,951	0.10%	-0.01pp	32q	-1.1%-$203.2K
FIDELITY COVINGTON TRUST	FDVV	$18.3M	301,688	0.10%	flat	10q	HELD
FIDELITY MERRIMACK STR TR	FBND	$18.2M	421,228	0.10%	flat	15q	+6.4%+$1.1M
ORACLE CORP CALL	ORCL	$18.2M	132,759	0.10%	-0.01pp	32q	-2.2%-$401.9K
THORNBURG ETF TR	TXUE	$18.0M	517,077	0.10%	flat	6q	+6.2%+$1.1M
COHEN & STEERS ETF TRUST	CSRE	$17.9M	672,265	0.10%	+0.03pp	5q	+56.1%+$6.5M
FIRST TR EXCHANGE-TRADED FD	TDIV	$17.9M	159,082	0.10%	flat	30q	+1.6%+$276.5K
LATTICE STRATEGIES ETF	ROUS	$17.9M	269,085	0.10%	-	new	NEW
PALANTIR TECHNOLOGIES INC CALL	PLTR	$17.8M	93,559	0.10%	+0.04pp	13q	+12.8%+$2.0M
PNC FINL SVCS GROUP INC	PNC	$17.8M	79,892	0.10%	-0.01pp	32q	HELD
CVS HEALTH CORP	CVS	$17.7M	207,131	0.10%	-0.02pp	32q	-1.3%-$227.6K
NETFLIX INC.	NFLX	$17.7M	255,060	0.10%	+0.01pp	32q	+22.7%+$3.3M
GE VERNOVA INC	GEV	$17.7M	18,668	0.10%	flat	10q	+28.1%+$3.9M
VANGUARD INDEX FDS	VBR	$17.7M	76,596	0.10%	-0.01pp	32q	-1.2%-$215.3K
3M CO	MMM	$17.7M	107,564	0.09%	flat	32q	-2.0%-$353.6K
MORGAN STANLEY ETF TRUST	EVTR	$17.6M	365,528	0.09%	flat	6q	+8.8%+$1.4M
WESCO INTL INC	WCC	$17.6M	48,882	0.09%	-0.01pp	16q	-11.5%-$2.3M
SCHWAB STRATEGIC TR	SCHG	$17.5M	485,733	0.09%	+0.01pp	18q	+2.9%+$494.8K
PHILIP MORRIS INTL INC	PM	$17.1M	89,475	0.09%	flat	32q	+1.7%+$286.4K
CSX CORP	CSX	$17.1M	366,746	0.09%	-0.01pp	32q	-1.5%-$263.9K
J P MORGAN EXCHANGE TRADED F	JGRO	$16.9M	175,196	0.09%	flat	11q	+0.6%+$101.1K
INVESCO EXCH TRADED FD TR II	BKLN	$16.9M	825,261	0.09%	+0.01pp	32q	+11.7%+$1.8M
WISDOMTREE TR	USFR	$16.8M	334,223	0.09%	+0.06pp	15q	+162.3%+$10.4M
ENTERPRISE PRODS PARTNERS L	EPD	$16.7M	469,139	0.09%	-0.01pp	32q	-4.2%-$728.0K
SPACE EXPLORATION TECHN CORP	SPCX	$16.6M	110,301	0.09%	+0.03pp	2q	+69.3%+$6.8M
CAPITAL ONE FINL CORP	COF	$16.5M	85,519	0.09%	-0.01pp	32q	-3.8%-$650.6K
J P MORGAN EXCHANGE TRADED F	JEPI	$16.3M	289,205	0.09%	flat	16q	+4.7%+$722.9K
VANGUARD INDEX FDS	VV	$16.2M	46,153	0.09%	flat	20q	-0.9%-$142.1K
TIDAL TRUST I	GRNY	$16.2M	582,025	0.09%	flat	8q	+6.9%+$1.0M
SHELL PLC	SHEL	$16.0M	168,701	0.09%	+0.02pp	19q	+11.7%+$1.7M
MEDTRONIC PLC	MDT	$16.0M	185,131	0.09%	+0.01pp	32q	+2.5%+$390.3K
FIRST TR EXCHANGE-TRADED FD	FBT	$15.9M	58,274	0.09%	+0.02pp	32q	+21.4%+$2.8M
VALMONT INDS INC	VMI	$15.9M	34,255	0.09%	-0.02pp	32q	+1.1%+$180.1K
STARBUCKS CORP	SBUX	$15.8M	168,634	0.09%	-0.01pp	32q	-1.2%-$188.0K
VANGUARD INTL EQUITY INDEX F	VEU	$15.8M	190,262	0.08%	flat	32q	+4.6%+$690.3K
VANGUARD WORLD FD	VGT	$15.5M	122,999	0.08%	flat	32q	-0.6%-$95.5K
UNITED PARCEL SVCS INC	UPS	$15.3M	164,075	0.08%	-0.01pp	32q	+6.1%+$879.3K
PACCAR INC	PCAR	$15.2M	138,248	0.08%	-0.01pp	32q	-2.6%-$407.0K
TARGET CORP	TGT	$15.0M	95,987	0.08%	+0.01pp	32q	-1.5%-$225.8K
GE AEROSPACE	GE	$15.0M	48,062	0.08%	-0.02pp	21q	-5.2%-$827.6K
VANGUARD INDEX FDS	VXF	$15.0M	64,663	0.08%	flat	32q	+3.0%+$442.9K
MARATHON PETE CORP	MPC	$14.8M	37,518	0.08%	+0.03pp	32q	+5.2%+$727.6K
LINDE PLC	LIN	$14.7M	30,876	0.08%	-0.01pp	15q	-1.1%-$169.9K
BLACKROCK INC	BLK	$14.6M	13,801	0.08%	+0.01pp	8q	+5.2%+$718.6K
ABBOTT LABORATORIES	ABT	$14.5M	146,859	0.08%	flat	32q	-0.9%-$133.3K
AB ACTIVE ETFS INC	YEAR	$14.4M	287,007	0.08%	flat	12q	+3.4%+$469.5K
ISHARES TR	SHY	$14.3M	176,560	0.08%	+0.01pp	32q	+22.9%+$2.7M
HARBOR ETF TRUST	HGER	$14.3M	404,763	0.08%	+0.05pp	2q	+173.6%+$9.1M
CALAMOS DYNAMIC CONV & INCOM	CCD	$14.2M	629,458	0.08%	-0.01pp	32q	+0.7%+$95.6K
T ROWE PRICE EXCHANGE-TRADED	TCHP	$14.2M	275,977	0.08%	flat	19q	HELD
SYSCO CORP	SYY	$14.1M	181,223	0.08%	-0.01pp	32q	-5.1%-$764.7K
COLUMBIA ETF TR II	XCEM	$14.0M	271,527	0.07%	+0.04pp	17q	+152.2%+$8.4M
ISHARES TR	IGIB	$14.0M	277,188	0.07%	flat	32q	+3.5%+$465.9K
ISHARES TR	IUSB	$13.8M	312,575	0.07%	-0.01pp	18q	HELD
BECTON DICKINSON CO	BDX	$13.7M	76,660	0.07%	+0.01pp	32q	+2.4%+$324.5K
SERVICETITAN INC	TTAN	$13.5M	205,484	0.07%	+0.02pp	3q	+55.7%+$4.8M
MODERNA INC	MRNA	$13.5M	70,141	0.07%	+0.05pp	24q	+29.2%+$3.1M
FIRST TR EXCHANGE-TRADED FD	FTGS	$13.5M	356,045	0.07%	flat	10q	+1.6%+$211.0K
D R HORTON INC	DHI	$13.5M	98,680	0.07%	-0.02pp	32q	-0.7%-$94.6K
CAPITAL GROUP CORE BALANCED	CGBL	$13.4M	364,683	0.07%	flat	11q	+7.7%+$953.7K
EATON CORP PLC	ETN	$13.3M	31,044	0.07%	flat	32q	+7.9%+$973.7K
FIDELITY COVINGTON TRUST	FBCG	$13.3M	210,779	0.07%	flat	5q	+3.3%+$427.2K
CAMBRIA ETF TR	GVAL	$13.2M	347,900	0.07%	flat	5q	-1.0%-$132.9K
CORNING INC	GLW	$13.1M	85,503	0.07%	-0.05pp	32q	+2.4%+$302.3K
CORPAY INC	CPAY	$13.1M	33,675	0.07%	+0.01pp	8q	+5.5%+$682.8K
EA SERIES TRUST	BBLU	$13.0M	761,491	0.07%	flat	5q	+3.1%+$396.9K
MORGAN STANLEY	MS	$13.0M	68,887	0.07%	-0.01pp	32q	HELD
CALAMOS CONV OPPORTUNITIES &	CHI	$12.7M	1,113,916	0.07%	-0.01pp	32q	+0.8%+$97.1K
PRUDENTIAL FINL INC	PRU	$12.5M	109,727	0.07%	-0.01pp	32q	-17.1%-$2.6M
FIRST TR EXCHANGE-TRADED FD	GRID	$12.4M	70,082	0.07%	flat	19q	+10.2%+$1.1M
ROCKWELL AUTOMATION INC	ROK	$12.4M	28,496	0.07%	-0.01pp	32q	-1.3%-$157.2K
VANGUARD ADMIRAL FDS INC	IVOO	$12.4M	101,463	0.07%	-0.01pp	32q	HELD
ISHARES TR	USMV	$12.3M	126,229	0.07%	-0.01pp	32q	-13.3%-$1.9M
LEGG MASON ETF INVT	LVHI	$12.1M	290,007	0.06%	+0.03pp	7q	+114.2%+$6.4M
AT&T INC	T	$12.0M	492,617	0.06%	+0.01pp	32q	+1.0%+$116.8K
EA SERIES TRUST	QMOM	$12.0M	166,174	0.06%	flat	5q	+4.6%+$528.1K
ARES CAPITAL CORP	ARCC	$11.8M	618,670	0.06%	flat	32q	-2.6%-$321.1K
ISHARES TR	MTUM	$11.8M	37,235	0.06%	-0.01pp	32q	+0.9%+$106.3K
ROSS STORES INC	ROST	$11.8M	50,529	0.06%	flat	32q	-5.9%-$737.8K
VANGUARD INDEX FDS	VOT	$11.8M	40,235	0.06%	-0.01pp	32q	-1.4%-$167.7K
ISHARES TR	IBTM	$11.7M	539,402	0.06%	flat	6q	+16.5%+$1.7M
ISHARES TR	IBTP	$11.6M	483,884	0.06%	flat	6q	+14.7%+$1.5M
CITIGROUP INC	C	$11.6M	89,757	0.06%	flat	32q	+3.2%+$360.1K
REALTY INCOME CORP	O	$11.6M	213,913	0.06%	-0.01pp	32q	+1.3%+$148.4K
American Int'l Group, Inc.	AIG	$11.6M	155,974	0.06%	flat	32q	HELD
EA SERIES TRUST	IMOM	$11.5M	285,516	0.06%	flat	5q	+3.5%+$394.8K
ISHARES TR	IGV	$11.5M	107,831	0.06%	+0.01pp	32q	+1.9%+$219.3K
AMERICAN EXPRESS CO	AXP	$11.4M	37,648	0.06%	-0.01pp	32q	+5.5%+$600.3K
WISDOMTREE TR	DEM	$11.4M	206,187	0.06%	flat	32q	+5.1%+$550.4K
iShares Tr	SHV	$11.4M	103,365	0.06%	+0.02pp	8q	+38.3%+$3.2M
ISHARES TR	DGRO	$11.4M	150,850	0.06%	flat	32q	+8.2%+$864.1K
J P MORGAN EXCHANGE TRADED F	JEPQ	$11.3M	185,222	0.06%	+0.01pp	13q	+15.1%+$1.5M
STATE STR CORP	STT	$11.3M	64,593	0.06%	flat	25q	-5.3%-$631.0K
DEVON ENERGY CORP NEW	DVN	$11.2M	243,660	0.06%	+0.02pp	32q	+26.3%+$2.3M
VANGUARD WORLD FD	MGV	$11.1M	69,138	0.06%	-0.01pp	32q	-3.9%-$451.5K
ISHARES TR	IVW	$11.1M	78,108	0.06%	flat	32q	+5.5%+$580.1K
AIRBNB INC	ABNB	$11.0M	68,497	0.06%	+0.01pp	24q	+1.0%+$107.6K
GILEAD SCIENCES INC	GILD	$10.9M	72,938	0.06%	+0.01pp	32q	+0.7%+$77.4K
ASML HLDG NV	ASML	$10.3M	5,708	0.06%	-0.01pp	26q	HELD
NIKE INC	NKE	$10.3M	290,613	0.06%	+0.01pp	32q	+49.9%+$3.4M
PIMCO ETF TR	BOND	$10.2M	117,005	0.05%	-0.01pp	12q	-13.7%-$1.6M
SALESFORCE INC	CRM	$10.1M	43,876	0.05%	+0.02pp	32q	+7.1%+$664.8K
FIRST TR EXCHANGE-TRADED FD	LMBS	$10.1M	207,679	0.05%	flat	32q	HELD
FIDELITY COVINGTON TRUST	FENI	$10.0M	250,760	0.05%	flat	5q	+9.4%+$857.5K
ISHARES TR	IEFA	$10.0M	102,924	0.05%	+0.01pp	32q	+15.8%+$1.4M
AMPLIFY ETF TR	HACK	$9.9M	81,803	0.05%	+0.01pp	11q	-1.5%-$154.7K
ISHARES INC	IEMG	$9.9M	122,197	0.05%	flat	32q	+8.4%+$767.9K
ANALOG DEVICES INC	ADI	$9.8M	24,697	0.05%	flat	32q	-1.0%-$98.4K
PROGRESSIVE CORP	PGR	$9.8M	47,239	0.05%	flat	32q	+1.7%+$160.9K
FIRST TR EXCHANGE TRADED FD	FXR	$9.8M	120,141	0.05%	-0.03pp	24q	-24.0%-$3.1M
COHEN & STEERS ETF TRUST	CSSD	$9.7M	396,980	0.05%	-	new	NEW
SPDR INDEX SHS FDS	GII	$9.6M	137,321	0.05%	+0.03pp	9q	+208.5%+$6.5M
DELL TECHNOLOGIES INC	DELL	$9.5M	17,705	0.05%	+0.01pp	14q	-6.4%-$652.6K
VANGUARD INDEX FDS	VBK	$9.5M	28,161	0.05%	-0.01pp	32q	-0.8%-$74.7K
VANGUARD BD INDEX FDS	BIV	$9.5M	130,233	0.05%	flat	32q	-1.3%-$120.3K
FIRST TR EXCHANGE TRADED FD	FXL	$9.5M	42,924	0.05%	flat	32q	+9.9%+$853.3K
DIMENSIONAL ETF TRUST	DFAT	$9.4M	141,215	0.05%	-0.07pp	22q	-53.8%-$10.9M
ISHARES SILVER TR	SLV	$9.4M	171,536	0.05%	flat	25q	+1.2%+$108.2K
FEDEX CORP	FDX	$9.3M	32,739	0.05%	-0.01pp	32q	-8.6%-$873.5K
VANGUARD INDEX FDS	VOE	$9.3M	47,393	0.05%	flat	32q	-2.4%-$229.0K
NUTRIEN LTD	NTR	$9.3M	131,739	0.05%	flat	32q	-2.9%-$277.2K
DOUBLELINE INCOME SOLUTIONS	DSL	$9.2M	924,874	0.05%	+0.01pp	32q	+37.7%+$2.5M
UBER TECHNOLOGIES INC	UBER	$9.2M	134,503	0.05%	flat	30q	+4.2%+$371.3K
ENERGY TRANSFER L P	ET	$9.1M	459,776	0.05%	flat	32q	-0.6%-$53.4K
COLGATE PALMOLIVE CO	CL	$9.1M	106,447	0.05%	-0.01pp	32q	-4.2%-$394.4K
CME GROUP INC	CME	$9.1M	34,567	0.05%	+0.01pp	32q	HELD
VANGUARD MALVERN FDS	VTIP	$9.0M	183,309	0.05%	+0.03pp	32q	+133.0%+$5.2M
SOUTHERN CO	SO	$9.0M	108,726	0.05%	-0.01pp	32q	+0.8%+$71.9K
Rio Tinto PLC	RIO	$9.0M	95,539	0.05%	-0.01pp	32q	-14.2%-$1.5M
ALASKA AIR GROUP INC	ALK	$9.0M	232,476	0.05%	-0.02pp	32q	HELD
FIRST TR EXCHANGE TRADED FD	FXO	$8.9M	147,505	0.05%	flat	32q	+1.2%+$108.3K
INTUITIVE SURGICAL INC	ISRG	$8.9M	21,877	0.05%	flat	32q	+3.7%+$319.6K
STATE STR SPDR DOW JONES IND	DIA	$8.8M	17,350	0.05%	flat	26q	+4.5%+$379.9K
ISHARES TR	OEF	$8.7M	22,848	0.05%	flat	32q	+2.2%+$184.5K
SLB LIMITED	SLB	$8.7M	178,480	0.05%	flat	32q	-2.8%-$253.6K
ENBRIDGE INC	ENB	$8.6M	186,020	0.05%	-0.01pp	32q	+1.7%+$143.8K
MODINE MFG CO	MOD	$8.6M	46,154	0.05%	-0.02pp	13q	+4.0%+$335.8K
VANGUARD WHITEHALL FDS	VIGI	$8.6M	91,412	0.05%	flat	32q	-2.1%-$183.0K
NORFOLK SOUTHN CORP	NSC	$8.6M	27,832	0.05%	+0.01pp	32q	+26.8%+$1.8M
ROCKET COS INC	RKT	$8.6M	746,059	0.05%	-0.02pp	6q	-0.7%-$57.4K
FIRST TR EXCHANGE TRAD FD VI	FTGC	$8.5M	278,158	0.05%	flat	22q	+1.4%+$114.9K
INVESCO EXCHANGE TRADED FD T	XLG	$8.5M	133,721	0.05%	flat	17q	-4.1%-$367.7K
EA SERIES TRUST	QVAL	$8.5M	145,701	0.05%	-	new	NEW
ISHARES TR	PFF	$8.4M	284,711	0.05%	+0.01pp	32q	+25.5%+$1.7M
FERGUSON ENTERPRISES INC	FERG	$8.4M	37,630	0.05%	flat	9q	+4.7%+$375.3K
FIRST TR EXCHANGE-TRADED FD	MISL	$8.3M	200,425	0.04%	-0.01pp	15q	-2.6%-$223.4K
VANGUARD SCOTTSDALE FDS	VCIT	$8.2M	105,141	0.04%	+0.02pp	32q	+87.0%+$3.8M
PROSHARES TR	NOBL	$8.1M	150,132	0.04%	flat	32q	+3.8%+$297.8K
WISDOMTREE TR	WTV	$8.1M	79,162	0.04%	flat	3q	+7.1%+$536.4K
EXPEDITORS INTL WASH INC	EXPD	$8.1M	43,754	0.04%	flat	32q	-1.9%-$154.2K
GLOBAL X FDS	AIQ	$8.1M	123,939	0.04%	flat	13q	+1.2%+$97.3K
EA SERIES TRUST	BSVO	$8.0M	287,117	0.04%	-	new	NEW
UIPATH INC	PATH	$8.0M	619,765	0.04%	flat	20q	-2.1%-$169.4K
SPOTIFY TECHNOLOGY S A	SPOT	$7.9M	16,186	0.04%	+0.01pp	30q	+20.4%+$1.3M
JANUS DETROIT STR TR	JSML	$7.9M	91,467	0.04%	-	new	NEW
J P MORGAN EXCHANGE TRADED F	JPST	$7.8M	155,340	0.04%	-0.02pp	30q	-28.6%-$3.1M
Domino's Pizza, Inc.	DPZ	$7.8M	26,068	0.04%	+0.02pp	15q	+96.0%+$3.8M
VANGUARD WORLD FD	VHT	$7.8M	24,706	0.04%	flat	32q	HELD
SOURCE CAPITAL	SOR	$7.7M	169,153	0.04%	flat	7q	+1.3%+$101.4K
AFLAC INC	AFL	$7.7M	68,620	0.04%	flat	32q	+1.6%+$120.5K
ISHARES TR	IBTI	$7.6M	348,702	0.04%	flat	16q	HELD
TJX COS INC NEW	TJX	$7.6M	57,412	0.04%	flat	32q	+9.0%+$624.4K
AMER STATES WTR CO	AWR	$7.6M	91,911	0.04%	flat	32q	HELD
DAVIS FUNDAMENTAL ETF TR	DUSA	$7.6M	138,152	0.04%	flat	32q	HELD
ISHARES TR	IBTJ	$7.6M	355,823	0.04%	-0.01pp	16q	-7.0%-$572.5K
GARMIN LTD	GRMN	$7.5M	26,221	0.04%	+0.01pp	32q	-0.7%-$55.4K
TOTALENERGIES SE	TTE	$7.5M	87,939	0.04%	flat	4q	-9.4%-$783.2K
AXON ENTERPRISE INC	AXON	$7.5M	17,763	0.04%	-0.01pp	28q	+10.0%+$684.1K
FIRST TR EXCHANGE-TRADED FD	FTSM	$7.5M	125,537	0.04%	-0.01pp	32q	-16.0%-$1.4M
SPDR SERIES TRUST	SPSM	$7.5M	141,254	0.04%	flat	15q	+1.5%+$108.1K
ISHARES TR	IGE	$7.4M	120,866	0.04%	flat	28q	+0.6%+$47.5K
ADOBE INC	ADBE	$7.4M	31,003	0.04%	-0.01pp	32q	-22.6%-$2.2M
HONEYWELL INTL INC	HON	$7.4M	35,233	0.04%	+0.04pp	2q	+1947.2%+$7.1M
WATERS CORP	WAT	$7.4M	16,805	0.04%	flat	32q	-3.3%-$252.7K
ISHARES TR	IEI	$7.3M	64,532	0.04%	-0.02pp	12q	-33.5%-$3.7M
ENSIGN GROUP INC	ENSG	$7.3M	42,461	0.04%	flat	32q	HELD
ARCH CAP GROUP LTD	ACGL	$7.3M	79,054	0.04%	flat	18q	HELD
INVESCO EXCH TRADED FD TR II	QQQM	$7.3M	23,946	0.04%	+0.01pp	24q	+19.9%+$1.2M
KLA CORP	KLAC	$7.3M	37,407	0.04%	-0.03pp	22q	-3.0%-$223.2K
BLACKROCK CR ALLOCATION	BTZ	$7.2M	769,384	0.04%	+0.01pp	18q	+57.6%+$2.6M
DANAHER CORP DEL	DHR	$7.2M	32,328	0.04%	flat	32q	+1.1%+$75.3K
DIGITAL RLTY TR INC	DLR	$7.1M	40,712	0.04%	+0.01pp	32q	+21.3%+$1.3M
TRAVELERS COMPANIES INC	TRV	$7.1M	19,944	0.04%	flat	32q	+2.5%+$174.0K
INVESCO EXCHANGE TRADED FD T	PHO	$7.1M	104,704	0.04%	flat	32q	+4.8%+$326.7K
UNITED RENTALS INC	URI	$7.1M	7,059	0.04%	flat	32q	+17.2%+$1.0M
FIDELITY COVINGTON TRUST	FIVA	$7.0M	183,461	0.04%	flat	3q	+3.0%+$204.8K
AUTOZONE INC	AZO	$6.9M	2,448	0.04%	flat	23q	+6.9%+$450.0K
DIMENSIONAL ETF TRUST	DFAU	$6.9M	132,195	0.04%	flat	22q	+2.6%+$177.5K
VALERO ENERGY CORP	VLO	$6.9M	17,691	0.04%	+0.01pp	32q	-10.3%-$783.8K
CELESTICA INC	CLS	$6.8M	18,712	0.04%	flat	10q	HELD
LABCORP HOLDINGS INC	LH	$6.6M	21,540	0.04%	flat	10q	+3.0%+$190.7K
HONEYWELL AEROSPACE INC	HONA	$6.6M	42,785	0.04%	-0.01pp	2q	+13.9%+$807.5K
FIRST TR EXCHANGE-TRADED ALP	FTC	$6.6M	36,993	0.04%	-0.01pp	32q	-2.0%-$131.3K
ISHARES TR	DVY	$6.5M	42,746	0.03%	flat	32q	-4.4%-$299.6K
FIRST TR EXCHANGE-TRADED ALP	FYX	$6.5M	48,228	0.03%	flat	32q	-0.7%-$47.2K
TARGA RES CORP	TRGP	$6.5M	23,993	0.03%	flat	11q	-5.4%-$373.0K
ALLIANCEBERNSTEIN HLDG L P	AB	$6.4M	184,533	0.03%	flat	32q	+15.3%+$854.6K
MORGAN STANLEY ETF TRUST	XAGG	$6.4M	133,198	0.03%	flat	3q	+3.3%+$207.7K
VANGUARD CHARLOTTE FDS	BNDX	$6.4M	136,775	0.03%	flat	32q	+2.6%+$160.1K
VANECK ETF TRUST	SMH	$6.4M	10,525	0.03%	flat	20q	+4.1%+$255.2K
T ROWE PRICE EXCHANGE-TRADED	TMSL	$6.4M	157,012	0.03%	-0.01pp	7q	-6.6%-$452.0K
PIMCO ETF TR	STPZ	$6.4M	122,945	0.03%	flat	6q	+6.2%+$373.8K
WISDOMTREE TR	DON	$6.4M	118,138	0.03%	flat	32q	+2.8%+$173.1K
ISHARES TR	EEM	$6.3M	94,080	0.03%	flat	32q	-2.0%-$126.1K
GLOBAL X FDS	PAVE	$6.3M	119,444	0.03%	flat	22q	+21.2%+$1.1M
SOFI TECHNOLOGIES INC	SOFI	$6.2M	397,064	0.03%	flat	17q	+33.4%+$1.6M
TEXAS INSTRS INC	TXN	$6.2M	22,224	0.03%	flat	32q	HELD
MARTIN MARIETTA MATLS INC	MLM	$6.2M	12,913	0.03%	-0.01pp	32q	-6.7%-$445.3K
Dominion Energy, Inc.	D	$6.2M	102,034	0.03%	-0.01pp	32q	-5.1%-$332.6K
VANGUARD SCOTTSDALE FDS	VCSH	$6.2M	79,748	0.03%	flat	32q	+3.7%+$221.9K
ISHARES TR	SUSA	$6.1M	39,473	0.03%	flat	32q	-1.1%-$65.2K
SIMON PPTY GROUP INC NEW	SPG	$6.1M	30,524	0.03%	-0.01pp	26q	-7.2%-$478.2K
SELECT SECTOR SPDR TR	XLF	$6.1M	114,470	0.03%	flat	32q	+3.3%+$197.8K
AMERIPRISE FINL INC	AMP	$6.1M	12,317	0.03%	flat	26q	-6.3%-$407.7K
IQVIA HLDGS INC	IQV	$6.1M	22,524	0.03%	+0.01pp	32q	-2.7%-$170.5K
FORD MTR CO	F	$6.0M	501,043	0.03%	-0.01pp	32q	+1.7%+$103.5K
PRICE T ROWE GROUP INC	TROW	$6.0M	57,906	0.03%	flat	32q	+2.0%+$117.8K
EXPEDIA GROUP INC	EXPE	$6.0M	22,849	0.03%	flat	32q	HELD
INTERCONTINENTAL EXCHANGE IN	ICE	$6.0M	39,448	0.03%	+0.01pp	23q	+10.6%+$573.6K
VANGUARD ADMIRAL FDS INC	VIOV	$6.0M	54,435	0.03%	flat	23q	+2.9%+$170.7K
JABIL INC	JBL	$6.0M	20,808	0.03%	-0.01pp	15q	-3.6%-$222.6K
FIRST TR EXCHANGE-TRADED FD	FPX	$6.0M	33,401	0.03%	flat	32q	+4.0%+$229.3K
INVESCO EXCHANGE TRADED FD T	SPGP	$5.9M	49,901	0.03%	flat	30q	+0.8%+$44.7K
VICTORY PORTFOLIOS II	MODL	$5.9M	113,056	0.03%	flat	6q	+1.4%+$78.8K
nan	MELI	$5.9M	3,409	0.03%	flat	32q	+3.5%+$197.1K
FIRST TR EXCHANGE-TRADED FD	FID	$5.9M	263,971	0.03%	flat	6q	+6.4%+$355.8K
FIRST TR EXCHANGE-TRADED ALP	FNX	$5.9M	43,430	0.03%	flat	32q	-2.2%-$134.5K
SCHWAB STRATEGIC TR	SCHP	$5.8M	232,356	0.03%	flat	3q	+28.2%+$1.3M
CONSTELLATION ENERGY CORP	CEG	$5.8M	22,970	0.03%	flat	19q	+15.1%+$764.4K
KIMBERLY CLARK CORP	KMB	$5.8M	59,599	0.03%	-0.02pp	32q	-34.6%-$3.1M
VANECK ETF TRUST	MOAT	$5.8M	54,729	0.03%	flat	13q	-4.7%-$287.7K
CARRIER GLOBAL CORPORATION	CARR	$5.7M	104,535	0.03%	-0.01pp	26q	+2.3%+$131.3K
COINBASE GLOBAL INC	COIN	$5.7M	30,710	0.03%	+0.01pp	15q	+6.1%+$326.8K
KEURIG DR PEPPER INC	KDP	$5.7M	188,259	0.03%	flat	3q	+5.0%+$270.1K
GLOBAL X FDS	URA	$5.7M	142,487	0.03%	flat	5q	+4.2%+$228.8K
ALCON AG	ALC	$5.7M	87,487	0.03%	flat	30q	+11.0%+$560.0K
HERC HLDGS INC	HRI	$5.7M	45,318	0.03%	-0.01pp	19q	-3.7%-$215.9K
FIDELITY COVINGTON TRUST	FMDE	$5.6M	138,929	0.03%	flat	10q	+5.1%+$271.9K
HERCULES CAPITAL INC	HTGC	$5.6M	332,601	0.03%	flat	21q	-1.0%-$55.3K
CHENIERE ENERGY INC	LNG	$5.5M	20,606	0.03%	flat	22q	+7.0%+$361.9K
ISHARES GOLD TR	IAU	$5.5M	70,804	0.03%	flat	22q	-2.2%-$123.3K
VANGUARD SCOTTSDALE FDS	VTWO	$5.5M	49,092	0.03%	flat	32q	HELD

Showing the largest 400 of 1,594 positions.

By sector

Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.

Sector	Value	Share
Software & IT Services	$1.2B	6.4%
Semiconductors & Electronics	$886.4M	4.8%
Biotech & Pharma	$694.8M	3.7%
Retail & Consumer	$635.1M	3.4%
Computer Hardware	$622.8M	3.3%
Insurance	$442.0M	2.4%
Business Services	$399.6M	2.1%
Industrials	$380.5M	2.0%
Banks & Lending	$371.9M	2.0%
Autos & Aerospace	$356.6M	1.9%
Energy	$306.0M	1.6%
Other sectors	$1.9B	10.4%
Not classified	$10.4B	55.8%

What the disclosed book did

This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.

Quarter	Book	Market	Difference	Priced
Q3 2026	-0.1%	+2.1%	-2.2%	100%
Q2 2026	+10.2%	+14.8%	-4.7%	100%
Q1 2026	-1.4%	-4.6%	+3.2%	100%
Q4 2025	+2.1%	+2.4%	-0.3%	100%
Q3 2025	+6.5%	+7.8%	-1.4%	100%
Q2 2025	+7.1%	+10.5%	-3.3%	100%
Q1 2025	-2.0%	-4.6%	+2.6%	100%
Q4 2024	-0.5%	+2.1%	-2.7%	100%

Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.

Quarter by quarter

Quarter	Value	Positions	New	Added	Trimmed	Exited	Top 10	Days to file
Q3 2026	$18.6B	1,594	93	753	509	78	29.6%	28
Q2 2026	$18.1B	1,579	86	656	579	59	28.9%	24
Q1 2026	$16.5B	1,552	119	738	491	74	28.5%	35
Q4 2025	$16.3B	1,507	84	734	495	86	29.4%	29
Q3 2025	$15.6B	1,509	143	712	440	64	29.8%	22
Q2 2025	$14.2B	1,430	105	593	538	68	29.9%	30
Q1 2025	$12.5B	1,393	88	644	480	101	30.3%	28
Q4 2024	$12.3B	1,406	110	598	503	72	31.1%	31
Q3 2024	$12.1B	1,368	93	593	449	78	31.3%	44
Q2 2024	$11.3B	1,353	71	588	483	88	31.4%	32
Q1 2024	$11.1B	1,370	115	584	492	93	30.7%	43
Q4 2023	$10.2B	1,348	103	559	516	69	31.7%	40
Q3 2023	$9.2B	1,314	66	548	467	76	31.5%	39
Q2 2023	$9.5B	1,324	80	613	395	83	31.9%	42
Q1 2023	$8.9B	1,327	99	561	473	73	31.0%	25
Q4 2022	$8.5B	1,301	104	493	493	72	30.1%	34
Q3 2022	$7.6B	1,269	82	567	410	78	30.4%	38
Q2 2022	$8.0B	1,265	97	530	449	113	30.8%	28
Q1 2022	$9.2B	1,281	106	621	358	89	31.1%	42
Q4 2021	$9.4B	1,264	125	586	347	70	31.8%	31
Q3 2021	$8.6B	1,209	70	591	299	47	31.4%	46
Q2 2021	$8.5B	1,186	82	597	303	46	31.4%	41
Q1 2021	$7.8B	1,150	182	635	220	50	31.4%	37
Q4 2020	$6.5B	1,018	114	416	345	47	34.2%	41
Q3 2020	$5.7B	951	58	397	330	41	35.6%	33
Q2 2020	$5.4B	934	72	259	502	123	36.0%	41
Q1 2020	$5.1B	985	67	481	322	111	33.0%	35
Q4 2019	$6.2B	1,029	88	535	260	61	31.0%	45
Q3 2019	$5.6B	1,002	59	483	276	48	31.1%	36
Q2 2019	$5.4B	991	74	372	411	216	32.8%	44
Q1 2019	$5.8B	1,133	122	528	348	79	29.8%	43
Q4 2018	$5.1B	1,090	0	0	0	0	30.0%	29

Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.

Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.

Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.