DaveManuel.com · Institutional Ownership · 13F Holdings

Convergence Investment Partners, LLC

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

CIK

1456133

Reported value

$1.3B

Positions

232

Top 10 weight

25.5%

Filed

2026-10-28

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
NVIDIA CORPORATION	NVDA	$66.1M	289,264	4.90%	+1.17pp	29q	+46.8%+$21.1M
ALPHABET INC	GOOGL	$42.4M	123,226	3.15%	+1.16pp	32q	+109.6%+$22.2M
AMAZON COM INC	AMZN	$34.9M	139,918	2.59%	+0.72pp	32q	+69.0%+$14.2M
ALPHABET INC	GOOG	$34.4M	101,009	2.55%	+0.60pp	32q	+72.7%+$14.5M
MICRON TECHNOLOGY INC	MU	$34.4M	32,269	2.55%	+0.65pp	5q	+86.0%+$15.9M
APPLE INC	AAPL	$30.2M	90,552	2.24%	+1.65pp	32q	+321.4%+$23.0M
BROADCOM INC	AVGO	$29.1M	82,996	2.16%	+0.93pp	32q	+141.9%+$17.1M
ADVANCED MICRO DEVICES INC	AMD	$26.5M	43,248	1.96%	+0.54pp	6q	+67.1%+$10.6M
FORTINET INC	FTNT	$22.6M	126,292	1.68%	+0.82pp	3q	+113.8%+$12.0M
SANDISK CORP	SNDK	$22.5M	12,929	1.67%	+0.13pp	3q	+81.6%+$10.1M
LAM RESEARCH CORP	LRCX	$22.4M	68,204	1.66%	-1.01pp	8q	+5.0%+$1.1M
MICROSOFT CORP	MSFT	$22.0M	42,988	1.64%	+1.13pp	32q	+202.3%+$14.8M
DELL TECHNOLOGIES INC	DELL	$20.0M	37,235	1.49%	-0.19pp	4q	-9.3%-$2.0M
HEWLETT PACKARD ENTERPRISE C	HPE	$15.9M	248,693	1.18%	-	new	NEW
META PLATFORMS INC	META	$15.9M	21,887	1.18%	+0.24pp	32q	+25.0%+$3.2M
PHILLIPS 66	PSX	$15.1M	59,181	1.12%	+0.43pp	19q	+36.2%+$4.0M
MARATHON PETE CORP	MPC	$14.5M	36,572	1.07%	+0.30pp	23q	+14.4%+$1.8M
VALERO ENERGY CORP	VLO	$14.1M	36,338	1.05%	+0.19pp	19q	+4.7%+$634.9K
TARGET CORP	TGT	$13.6M	86,979	1.01%	+0.33pp	2q	+58.4%+$5.0M
ARISTA NETWORKS INC	ANET	$13.4M	65,938	1.00%	+0.20pp	2q	+32.6%+$3.3M
BANK OF AMER CORP	BAC	$12.5M	230,416	0.93%	+0.06pp	32q	+43.0%+$3.8M
GILEAD SCIENCES INC	GILD	$12.5M	83,680	0.93%	+0.58pp	32q	+186.5%+$8.1M
BRISTOL-MYERS SQUIBB CO	BMY	$12.4M	198,050	0.92%	-0.01pp	9q	+16.4%+$1.7M
VERISIGN INC	VRSN	$12.2M	43,097	0.90%	+0.17pp	8q	+39.6%+$3.4M
AT&T INC	T	$11.4M	467,334	0.85%	+0.27pp	32q	+58.9%+$4.2M
MERCK & CO INC	MRK	$11.0M	75,888	0.82%	-0.02pp	32q	+10.9%+$1.1M
STATE STR CORP	STT	$10.9M	62,171	0.81%	-0.12pp	11q	+8.4%+$843.1K
BANK OF NY MELLON CORP	BNY	$10.8M	74,514	0.80%	-0.02pp	18q	+24.8%+$2.1M
GENERAL MTRS CO	GM	$10.2M	132,289	0.76%	+0.20pp	12q	+72.5%+$4.3M
MANHATTAN ASSOCIATES INC	MANH	$9.9M	49,897	0.74%	+0.23pp	2q	+31.3%+$2.4M
SEMTECH CORP	SMTC	$9.7M	54,219	0.72%	-0.01pp	2q	+14.2%+$1.2M
CROWDSTRIKE HLDGS INC	CRWD	$9.5M	36,041	0.71%	-	new	NEW
CISCO SYS INC	CSCO	$9.4M	87,576	0.70%	-0.78pp	32q	-34.0%-$4.8M
VIATRIS INC	VTRS	$9.2M	519,770	0.68%	+0.57pp	3q	+595.1%+$7.9M
BEST BUY INC	BBY	$8.9M	101,295	0.66%	-	new	NEW
NORTHERN TR CORP	NTRS	$8.8M	51,995	0.65%	-0.25pp	3q	-5.6%-$526.7K
ARCHER DANIELS MIDLAND CO	ADM	$8.7M	109,714	0.65%	-0.02pp	5q	+18.5%+$1.4M
AVNET INC	AVT	$8.6M	85,966	0.64%	-	new	NEW
PNC FINL SVCS GROUP INC	PNC	$8.5M	38,397	0.63%	-0.02pp	12q	+36.4%+$2.3M
STONEX GROUP INC	SNEX	$8.4M	129,772	0.62%	+0.05pp	3q	+70.8%+$3.5M
EXELIXIS INC	EXEL	$8.3M	142,747	0.62%	+0.04pp	4q	+27.9%+$1.8M
JOHNSON & JOHNSON	JNJ	$8.1M	30,696	0.60%	-0.12pp	32q	+2.4%+$191.9K
HALOZYME THERAPEUTICS INC	HALO	$8.0M	72,886	0.60%	-	new	NEW
ALTRIA GROUP INC	MO	$8.0M	118,716	0.59%	-0.09pp	32q	+18.9%+$1.3M
REDDIT INC	RDDT	$7.9M	55,117	0.58%	-	new	NEW
CARDINAL HEALTH INC	CAH	$7.6M	34,291	0.57%	-0.14pp	32q	+9.3%+$650.8K
NEUROCRINE BIOSCIENCES INC	NBIX	$7.5M	53,047	0.56%	+0.04pp	2q	+63.6%+$2.9M
Jazz Pharmaceuticals PLC	JAZZ	$7.4M	32,094	0.55%	+0.01pp	4q	+35.6%+$2.0M
WALMART INC	WMT	$7.3M	70,243	0.54%	-0.31pp	32q	-11.1%-$909.4K
WESTERN DIGITAL CORP	WDC	$7.3M	16,025	0.54%	-0.07pp	3q	+59.4%+$2.7M
CENTENE CORP DEL	CNC	$7.3M	116,852	0.54%	+0.09pp	2q	+60.2%+$2.7M
INCYTE CORP	INCY	$7.1M	58,860	0.53%	-0.08pp	6q	+4.0%+$277.3K
VIRTU FINL INC	VIRT	$7.0M	127,144	0.52%	-0.02pp	2q	+33.8%+$1.8M
THE CIGNA GROUP	CI	$7.0M	25,723	0.52%	-0.03pp	26q	+23.4%+$1.3M
GODADDY INC	GDDY	$7.0M	73,167	0.52%	+0.04pp	2q	+23.2%+$1.3M
LOCKHEED MARTIN CORP	LMT	$7.0M	13,694	0.52%	+0.31pp	32q	+224.9%+$4.8M
UNITEDHEALTH GROUP INC	UNH	$6.9M	18,762	0.51%	-0.05pp	32q	+32.2%+$1.7M
10X GENOMICS INC	TXG	$6.8M	74,930	0.50%	+0.23pp	2q	+0.9%+$62.9K
SALESFORCE INC	CRM	$6.7M	29,385	0.50%	+0.02pp	15q	-8.8%-$650.4K
ADOBE INC	ADBE	$6.7M	27,854	0.50%	-0.29pp	2q	-31.2%-$3.0M
SNOWFLAKE INC	SNOW	$6.5M	19,115	0.48%	-	new	NEW
CITIGROUP INC	C	$6.5M	50,029	0.48%	-0.03pp	32q	+31.2%+$1.5M
SOUTHERN COPPER CORP	SCCO	$6.4M	31,439	0.47%	+0.05pp	15q	+23.2%+$1.2M
MCKESSON CORP	MCK	$6.3M	7,413	0.47%	+0.18pp	31q	+81.3%+$2.8M
CVS HEALTH CORP	CVS	$6.0M	69,585	0.44%	-0.06pp	32q	+37.0%+$1.6M
METLIFE INC	MET	$5.9M	62,772	0.44%	-0.04pp	32q	+4.6%+$257.7K
EMCOR GROUP INC	EME	$5.9M	7,813	0.44%	+0.05pp	3q	+58.1%+$2.2M
RTX CORPORATION	RTX	$5.8M	31,198	0.43%	-0.09pp	11q	+8.5%+$455.2K
PRUDENTIAL FINL INC	PRU	$5.8M	50,706	0.43%	-	new	NEW
UNION PAC CORP	UNP	$5.6M	20,643	0.42%	+0.28pp	32q	+296.8%+$4.2M
EXXONMOBIL HOLDINGS CORP	XOM	$5.6M	34,392	0.42%	-	new	NEW
BIOGEN INC	BIIB	$5.5M	24,159	0.41%	-0.07pp	5q	+3.6%+$189.3K
LEAR CORP	LEA	$5.5M	46,176	0.40%	-0.13pp	7q	+9.3%+$462.0K
DARLING INGREDIENTS INC	DAR	$5.4M	88,967	0.40%	+0.21pp	3q	+140.8%+$3.2M
KEYSIGHT TECHNOLOGIES INC	KEYS	$5.4M	14,728	0.40%	-0.19pp	4q	-16.4%-$1.0M
SENSATA TECHNOLOGIES HLDG PL	ST	$5.3M	128,421	0.40%	-0.01pp	5q	+44.8%+$1.7M
MORGAN STANLEY	MS	$5.3M	28,329	0.40%	+0.15pp	32q	+131.5%+$3.0M
AERCAP HOLDINGS NV	AER	$5.3M	36,946	0.39%	-0.01pp	4q	+26.9%+$1.1M
BREAD FINANCIAL HOLDINGS INC	BFH	$5.2M	53,573	0.39%	-0.24pp	10q	-12.7%-$762.6K
EVERUS CONSTR GROUP	ECG	$5.2M	44,525	0.39%	-	new	NEW
EBAY INC.	EBAY	$5.2M	49,304	0.39%	-0.01pp	3q	+30.2%+$1.2M
TOAST INC	TOST	$5.1M	177,518	0.38%	-	new	NEW
DROPBOX INC	DBX	$5.1M	150,624	0.38%	-0.14pp	7q	-24.3%-$1.6M
PROLOGIS INC.	PLD	$5.1M	38,906	0.37%	-	new	NEW
ARROW ELECTRS INC	ARW	$5.0M	22,090	0.37%	+0.15pp	2q	+105.5%+$2.6M
COMFORT SYS USA INC	FIX	$5.0M	3,029	0.37%	-0.02pp	3q	+45.9%+$1.6M
SYNCHRONY FINANCIAL	SYF	$5.0M	69,933	0.37%	+0.02pp	13q	+44.1%+$1.5M
frontdoor Inc	FTDR	$4.9M	67,503	0.37%	+0.02pp	5q	+45.2%+$1.5M
ABBVIE INC	ABBV	$4.9M	18,823	0.37%	-0.09pp	32q	-2.4%-$119.8K
NUTANIX INC	NTNX	$4.9M	69,420	0.36%	-	new	NEW
ENERSYS	ENS	$4.9M	26,451	0.36%	-0.08pp	4q	+32.7%+$1.2M
BLOOM ENERGY CORP	BE	$4.8M	17,473	0.36%	-	new	NEW
ARGAN INC	AGX	$4.8M	12,708	0.36%	+0.01pp	2q	+174.8%+$3.1M
OTIS WORLDWIDE CORP	OTIS	$4.8M	74,210	0.35%	-	new	NEW
STEEL DYNAMICS INC	STLD	$4.8M	21,442	0.35%	+0.12pp	2q	+101.9%+$2.4M
IES HOLDINGS INC	IESC	$4.7M	14,608	0.35%	-	new	NEW
APA CORPORATION	APA	$4.7M	112,792	0.35%	-0.06pp	5q	-14.2%-$778.6K
TEXTRON INC	TXT	$4.7M	61,452	0.35%	-0.04pp	3q	+36.3%+$1.2M
TERADATA CORP DEL	TDC	$4.7M	161,301	0.35%	-0.52pp	3q	-38.8%-$2.9M
MUELLER INDS INC	MLI	$4.6M	76,180	0.34%	-0.06pp	5q	+10.1%+$423.4K
MACYS INC	M	$4.6M	201,331	0.34%	-0.43pp	4q	-41.4%-$3.2M
HOWMET AEROSPACE INC	HWM	$4.6M	20,258	0.34%	-0.09pp	7q	+19.5%+$747.1K
UGI CORP NEW	UGI	$4.6M	127,976	0.34%	-	new	NEW
NUCOR CORP	NUE	$4.5M	19,444	0.34%	+0.10pp	2q	+69.7%+$1.9M
ZIONS BANCORPORATION NATL AS	ZION	$4.5M	71,413	0.33%	-0.13pp	2q	+1.1%+$49.5K
PJT PARTNERS INC	PJT	$4.4M	30,782	0.33%	-	new	NEW
COCA COLA CONS INC	COKE	$4.3M	22,930	0.32%	+0.08pp	4q	+69.1%+$1.8M
AXT INC	AXTI	$4.3M	55,238	0.32%	-	new	NEW
INTERACTIVE BROKERS GROUP IN	IBKR	$4.2M	48,844	0.31%	-0.09pp	5q	+2.0%+$82.4K
WELLS FARGO & CO	WFC	$4.2M	51,875	0.31%	+0.26pp	32q	+839.3%+$3.7M
INTERNATIONAL BUSINESS MACHS	IBM	$4.1M	18,704	0.31%	-0.74pp	32q	-52.3%-$4.5M
REINSURANCE GROUP AMER INC	RGA	$4.1M	16,585	0.30%	+0.02pp	4q	+16.4%+$574.7K
AIRBNB INC	ABNB	$4.1M	25,358	0.30%	+0.04pp	2q	+31.9%+$984.6K
EXELON CORP	EXC	$4.0M	99,086	0.30%	+0.09pp	2q	+113.4%+$2.1M
RELIANCE INC	RS	$4.0M	10,396	0.30%	-	new	NEW
CARGURUS INC	CARG	$4.0M	127,870	0.30%	-0.03pp	4q	+25.3%+$803.8K
EVERSOURCE ENERGY	ES	$4.0M	61,897	0.29%	-0.03pp	3q	+31.5%+$951.8K
TRAVELERS COMPANIES INC	TRV	$4.0M	11,125	0.29%	+0.05pp	9q	+40.2%+$1.1M
EXPEDIA GROUP INC	EXPE	$3.9M	14,822	0.29%	+0.01pp	5q	+28.0%+$854.1K
HF SINCLAIR CORP	DINO	$3.9M	35,943	0.29%	flat	5q	-15.7%-$720.9K
MURPHY USA INC	MUSA	$3.7M	7,421	0.28%	-0.28pp	2q	-32.3%-$1.8M
CONSTELLIUM SE	CSTM	$3.7M	154,324	0.28%	-0.02pp	4q	+56.5%+$1.3M
UBER TECHNOLOGIES INC	UBER	$3.7M	54,470	0.28%	-	new	NEW
OUTFRONT MEDIA INC	OUT	$3.7M	131,891	0.27%	-0.23pp	7q	-18.0%-$805.0K
NEXTERA ENERGY INC	NEE	$3.6M	48,010	0.27%	-	new	NEW
HOST HOTELS & RESORTS INC	HST	$3.6M	160,213	0.27%	+0.03pp	4q	+50.5%+$1.2M
COMMERCIAL METALS CO	CMC	$3.6M	57,216	0.26%	-	new	NEW
HASBRO INC	HAS	$3.5M	39,639	0.26%	-	new	NEW
FREEPORT-MCMORAN INC	FCX	$3.5M	49,436	0.26%	-0.04pp	3q	-1.6%-$57.0K
FIRST BANCORP CORPORATION	FBP	$3.4M	130,119	0.25%	-0.11pp	2q	-12.9%-$507.0K
CLOUDFLARE INC	NET	$3.4M	9,749	0.25%	-	new	NEW
BOOKING HOLDINGS INC	BKNG	$3.4M	20,623	0.25%	-0.05pp	15q	+15.4%+$448.3K
BLOCK H & R INC	HRB	$3.2M	79,052	0.24%	+0.06pp	2q	+63.3%+$1.3M
CAPITAL ONE FINL CORP	COF	$3.1M	16,212	0.23%	+0.21pp	14q	+1446.9%+$2.9M
CATHAY GEN BANCORP	CATY	$3.1M	52,260	0.23%	-0.19pp	4q	-27.1%-$1.2M
RAYMOND JAMES FINL INC	RJF	$3.0M	18,951	0.22%	-	new	NEW
CARMAX INC	KMX	$3.0M	53,574	0.22%	-0.08pp	3q	-9.1%-$296.1K
LANDSTAR SYS INC	LSTR	$2.9M	17,021	0.21%	-0.11pp	2q	+2.6%+$73.2K
NETAPP INC	NTAP	$2.9M	13,583	0.21%	-0.03pp	26q	-17.4%-$601.2K
FIVE9 INC	FIVN	$2.8M	83,431	0.21%	-	new	NEW
GARRETT MOTION INC	GTX	$2.8M	108,960	0.21%	+0.11pp	5q	+271.0%+$2.1M
US BANCORP	USB	$2.8M	47,928	0.21%	-0.01pp	6q	+26.0%+$570.9K
MASTERCARD INCORPORATED	MA	$2.7M	4,984	0.20%	+0.17pp	32q	+655.2%+$2.4M
HEALTHPEAK PROPERTIES INC	DOC	$2.7M	137,033	0.20%	-	new	NEW
UNITED PARCEL SVCS INC	UPS	$2.7M	28,956	0.20%	-0.08pp	2q	+3.8%+$100.3K
JPMORGAN CHASE & CO	JPM	$2.7M	8,084	0.20%	-0.06pp	32q	-3.8%-$106.5K
KEYCORP	KEY	$2.7M	132,878	0.20%	-	new	NEW
BRADY CORP	BRC	$2.6M	31,417	0.19%	flat	2q	+37.0%+$708.1K
FORD MTR CO	F	$2.6M	215,610	0.19%	-0.12pp	32q	-8.1%-$227.8K
OPENLANE INC	OPLN	$2.6M	75,799	0.19%	-0.02pp	2q	+42.7%+$773.5K
OSHKOSH CORP	OSK	$2.6M	20,047	0.19%	-	new	NEW
MILLICOM INTL CELLULAR S A	TIGO	$2.6M	29,608	0.19%	-0.14pp	2q	-22.2%-$734.9K
AUTOMATIC DATA PROCESSING IN	ADP	$2.6M	9,920	0.19%	-	new	NEW
BORGWARNER INC	BWA	$2.6M	42,451	0.19%	-0.17pp	7q	-25.1%-$855.9K
COHERENT CORP	COHR	$2.5M	8,524	0.18%	-	new	NEW
FIRST INDL RLTY TR INC	FR	$2.4M	40,745	0.18%	-0.08pp	3q	-7.9%-$207.1K
WEYERHAEUSER CO	WY	$2.4M	126,967	0.18%	-	new	NEW
PHILIP MORRIS INTL INC	PM	$2.4M	12,539	0.18%	-0.04pp	24q	-0.8%-$19.3K
GAMING & LEISURE P	GLPI	$2.4M	62,949	0.18%	-	new	NEW
ORACLE CORP	ORCL	$2.3M	16,591	0.17%	+0.15pp	32q	+908.0%+$2.1M
OSCAR HEALTH INC	OSCR	$2.2M	70,952	0.16%	-0.11pp	3q	-29.6%-$919.4K
MEDTRONIC PLC	MDT	$2.2M	25,285	0.16%	-0.03pp	12q	HELD
CROCS INC	CROX	$2.1M	17,775	0.15%	-	new	NEW
TEXAS INSTRS INC	TXN	$2.0M	7,272	0.15%	-0.06pp	2q	-1.5%-$30.0K
VERIZON COMMUNICATIONS INC	VZ	$2.0M	44,168	0.15%	-0.02pp	32q	+2.4%+$46.7K
ANALOG DEVICES INC	ADI	$2.0M	5,090	0.15%	-1.05pp	2q	-84.0%-$10.6M
DIAMONDROCK HOSPITALITY CO	DRH	$2.0M	162,729	0.15%	-	new	NEW
TORO CO	TTC	$2.0M	20,571	0.15%	-	new	NEW
QUALCOMM INC	QCOM	$2.0M	10,636	0.15%	-0.04pp	32q	-1.5%-$30.6K
EPR PPTYS	EPR	$1.9M	34,318	0.14%	-0.10pp	3q	-23.7%-$598.0K
SIMON PPTY GROUP INC NEW	SPG	$1.9M	9,514	0.14%	-0.06pp	15q	HELD
PROCTER & GAMBLE CO	PG	$1.9M	12,969	0.14%	-0.34pp	32q	-62.4%-$3.1M
HOME DEPOT INC	HD	$1.8M	6,392	0.13%	-0.08pp	32q	+1.3%+$23.0K
INVESCO LTD	IVZ	$1.8M	59,092	0.13%	-0.01pp	5q	+5.1%+$87.0K
JOHNSON CONTROLS INTERNATION	JCI	$1.8M	11,802	0.13%	-0.03pp	7q	HELD
MOHAWK INDS INC	MHK	$1.7M	13,813	0.13%	-	new	NEW
COCA COLA CO	KO	$1.7M	19,948	0.13%	-0.03pp	32q	-0.7%-$12.4K
CF INDUSTRIES HOLD	CF	$1.7M	14,873	0.13%	-0.03pp	8q	-1.5%-$26.2K
BLACK HILLS CORP	BKH	$1.7M	24,006	0.12%	-0.05pp	11q	HELD
ALLSTATE CORP	ALL	$1.5M	6,984	0.11%	-0.04pp	2q	-0.9%-$13.3K
ASSOCIATED BANC CORP	ASB	$1.5M	53,739	0.11%	-0.04pp	2q	-0.8%-$13.1K
AMGEN INC	AMGN	$1.5M	3,606	0.11%	+0.09pp	32q	+368.3%+$1.2M
AMERICAN ELEC PWR CO INC	AEP	$1.5M	12,735	0.11%	-0.02pp	5q	+21.1%+$263.0K
EASTGROUP PPTYS INC	EGP	$1.5M	7,439	0.11%	-0.04pp	4q	-2.3%-$35.1K
Jones Lang LaSalle, Inc.	JLL	$1.5M	4,769	0.11%	-0.06pp	3q	-18.1%-$322.0K
UIPATH INC	PATH	$1.3M	104,217	0.10%	-0.11pp	3q	-49.5%-$1.3M
VICI PPTYS INC	VICI	$1.3M	58,139	0.10%	-0.04pp	7q	+2.7%+$35.2K
GENERAL DYNAMICS CORP	GD	$1.3M	3,869	0.10%	-0.03pp	7q	+8.0%+$94.6K
DUKE ENERGY CORP NEW	DUK	$1.2M	10,750	0.09%	-	new	NEW
GARMIN LTD	GRMN	$1.2M	4,254	0.09%	-0.01pp	12q	-1.0%-$12.3K
LAS VEGAS SANDS CORP	LVS	$1.2M	31,879	0.09%	-0.16pp	4q	-43.1%-$912.1K
AMERICAN EAGLE OUTFITTERS IN	AEO	$1.2M	64,711	0.09%	-0.34pp	5q	-75.1%-$3.5M
EDISON INTL	EIX	$1.1M	20,499	0.08%	-0.48pp	17q	-74.3%-$3.2M
AVISTA CORP	AVA	$1.1M	31,370	0.08%	-0.04pp	10q	HELD
ILLINOIS TOOL WKS INC	ITW	$1.1M	4,219	0.08%	-	new	NEW
SLIDE INS HLDGS INC	SLDE	$1.1M	48,067	0.08%	-	new	NEW
NORTHROP GRUMMAN CORP	NOC	$1.1M	2,192	0.08%	-	new	NEW
FEDEX CORP	FDX	$1.0M	3,661	0.08%	-0.28pp	3q	-69.9%-$2.4M
ROCKWELL AUTOMATION INC	ROK	$1.0M	2,323	0.08%	-0.07pp	4q	-26.8%-$370.5K
BERKSHIRE HATHAWAY INC DEL	BRKB	$997.9K	2,004	0.07%	-0.03pp	32q	-6.1%-$65.2K
TESLA INC	TSLA	$687.6K	1,938	0.05%	-0.03pp	26q	+0.8%+$5.3K
ELI LILLY & CO	LLY	$684.0K	591	0.05%	-0.02pp	32q	HELD
CHEVRON CORPORATION	CVX	$648.4K	3,175	0.05%	flat	32q	HELD
VISA INC	V	$545.4K	1,518	0.04%	-0.01pp	32q	+1.1%+$6.1K
COSTCO WHOLESALE CORPORATION	COST	$499.5K	549	0.04%	-0.01pp	32q	+11.8%+$52.8K
SEAGATE TECHNOLOGY HLDNGS PL	STX	$432.6K	469	0.03%	-	new	NEW
INTEL CORP	INTC	$388.6K	3,232	0.03%	-0.05pp	5q	-46.9%-$343.7K
GOLDMAN SACHS GROUP INC	GS	$385.3K	428	0.03%	-0.01pp	24q	HELD
CATERPILLAR INC	CAT	$325.6K	402	0.02%	-0.04pp	26q	-32.9%-$159.5K
APPLIED MATLS INC	AMAT	$305.1K	597	0.02%	-0.73pp	6q	-94.6%-$5.3M
CONOCOPHILLIPS	COP	$295.1K	2,358	0.02%	flat	23q	HELD
AMERICAN EXPRESS CO	AXP	$293.2K	964	0.02%	-0.01pp	12q	HELD
DISNEY WALT CO	DIS	$290.3K	2,767	0.02%	-	new	NEW
CENCORA INC	COR	$288.8K	962	0.02%	flat	32q	+6.5%+$17.7K
PFIZER INC	PFE	$286.4K	10,041	0.02%	flat	32q	HELD
THERMO FISHER SCIENTIFIC INC	TMO	$283.8K	420	0.02%	flat	5q	HELD
NETFLIX INC.	NFLX	$279.0K	4,010	0.02%	-0.13pp	16q	-81.9%-$1.3M
T MOBILE US INC	TMUS	$275.7K	1,690	0.02%	-	new	NEW
RINGCENTRAL INC	RNG	$272.5K	3,648	0.02%	-0.16pp	2q	-92.5%-$3.3M
PEPSICO INC	PEP	$265.5K	2,096	0.02%	-0.01pp	32q	+2.8%+$7.3K
COMCAST CORP NEW	CMCSA	$261.4K	12,014	0.02%	-	new	NEW
ELEVANCE HEALTH INC FORMERLY	ELV	$243.2K	626	0.02%	flat	2q	+4.5%+$10.5K
WARNER BROS DISCOVERY INC	WBD	$237.3K	7,666	0.02%	flat	4q	-9.4%-$24.5K
ACCENTURE PLC IRELAND	ACN	$235.7K	1,285	0.02%	-	new	NEW
PROGRESSIVE CORP	PGR	$231.7K	1,118	0.02%	-	new	NEW
DEERE CO	DE	$224.9K	335	0.02%	flat	2q	HELD
PALANTIR TECHNOLOGIES INC	PLTR	$224.1K	1,198	0.02%	-	new	NEW
CHUBB LIMITED	CB	$217.4K	668	0.02%	-0.01pp	24q	-2.3%-$5.2K
LINDE PLC	LIN	$211.9K	447	0.02%	-0.01pp	15q	HELD
STELLANTIS N.V	STLA	$95.6K	21,934	0.01%	flat	5q	+65.2%+$37.7K
ADT INC DEL	ADT	$65.6K	10,784	0.00%	-	new	NEW
IRONWOOD PHARMACEUTICALS INC	IRWD	$46.1K	11,600	0.00%	-	new	NEW

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	$217.8M	16.2%
Semiconductors & Electronics	$191.2M	14.2%
Computer Hardware	$148.7M	11.0%
Biotech & Pharma	$111.4M	8.3%
Banks & Lending	$96.4M	7.2%
Retail & Consumer	$83.8M	6.2%
Energy	$54.9M	4.1%
Autos & Aerospace	$48.0M	3.6%
Insurance	$47.4M	3.5%
Mining & Metals	$35.6M	2.6%
Capital Markets	$34.5M	2.6%
Industrials	$33.9M	2.5%
Other sectors	$243.7M	18.1%
Not classified	$237.3K	0.0%

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	-1.1%	+2.1%	-3.2%	100%
Q2 2026	+26.6%	+14.8%	+11.8%	100%
Q1 2026	+0.4%	-4.6%	+5.0%	100%
Q4 2025	+3.7%	+2.4%	+1.3%	100%
Q3 2025	+9.6%	+7.8%	+1.8%	100%
Q2 2025	+10.1%	+10.5%	-0.4%	100%
Q1 2025	-4.6%	-4.6%	-0.1%	100%
Q4 2024	+3.0%	+2.1%	+0.9%	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	$1.3B	232	51	112	55	60	25.5%	28
Q2 2026	$1.1B	241	58	106	75	52	20.2%	31
Q1 2026	$610.7M	235	47	105	76	54	18.4%	37
Q4 2025	$502.9M	242	56	88	90	64	19.5%	36
Q3 2025	$445.6M	250	66	79	79	49	19.7%	35
Q2 2025	$394.5M	233	54	61	104	58	20.0%	32
Q1 2025	$361.3M	237	64	38	130	77	18.4%	36
Q4 2024	$447.4M	250	58	98	80	45	21.2%	31
Q3 2024	$370.7M	237	53	79	101	57	21.0%	29
Q2 2024	$342.2M	241	58	97	84	62	21.7%	32
Q1 2024	$261.0M	245	81	89	52	27	19.9%	33
Q4 2023	$191.4M	191	50	55	74	21	22.9%	36
Q3 2023	$169.1M	162	29	56	62	35	24.2%	33
Q2 2023	$174.2M	168	31	40	92	40	23.7%	26
Q1 2023	$170.0M	177	38	56	73	66	23.5%	39
Q4 2022	$168.8M	205	54	57	83	48	22.2%	34
Q3 2022	$153.1M	199	56	61	72	59	21.3%	39
Q2 2022	$165.3M	202	42	65	82	52	20.5%	36
Q1 2022	$194.0M	212	37	95	61	48	20.0%	26
Q4 2021	$196.3M	223	41	44	125	42	19.8%	25
Q3 2021	$186.2M	224	33	43	145	55	18.9%	25
Q2 2021	$232.5M	246	47	62	126	46	17.3%	19
Q1 2021	$218.7M	245	59	61	121	41	18.3%	30
Q4 2020	$198.6M	227	63	44	115	65	20.3%	36
Q3 2020	$287.4M	229	70	46	112	51	17.3%	28
Q2 2020	$290.9M	210	63	110	31	59	17.8%	30
Q1 2020	$228.5M	206	61	30	114	77	20.0%	23
Q4 2019	$351.7M	222	51	45	119	123	17.4%	22
Q3 2019	$359.0M	294	87	48	148	89	16.1%	22
Q2 2019	$413.9M	296	109	70	112	117	15.2%	23
Q1 2019	$458.1M	304	95	72	132	96	16.1%	31
Q4 2018	$435.2M	305	0	0	0	0	16.4%	44

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.