DaveManuel.com · Institutional Ownership · 13F Holdings

Diligent Investors, LLC

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

CIK

1549042

Reported value

$455.0M

Positions

362

Top 10 weight

23.3%

Filed

2026-10-21

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
APPLE INC	AAPL	$21.3M	63,868	4.67%	+0.50pp	32q	-1.3%-$291.1K
SPDR SERIES TRUST	SPYG	$20.0M	162,576	4.40%	+0.03pp	30q	-1.4%-$287.3K
SPDR SERIES TRUST	SPYV	$13.2M	215,176	2.89%	-0.05pp	30q	-1.1%-$144.5K
MICROSOFT CORP	MSFT	$10.8M	21,068	2.38%	+0.59pp	32q	-2.0%-$215.9K
NVIDIA CORPORATION	NVDA	$9.1M	40,052	2.01%	+0.21pp	28q	-0.9%-$84.5K
SPDR INDEX SHS FDS	SPDW	$8.0M	158,768	1.75%	-0.02pp	30q	HELD
SPDR SERIES TRUST	MDYG	$6.1M	58,315	1.34%	-0.14pp	32q	-1.8%-$113.5K
BERKSHIRE HATHAWAY INC DEL	BRKB	$6.1M	12,193	1.33%	-0.03pp	32q	-0.8%-$46.3K
VISA INC	V	$5.8M	16,191	1.28%	+0.03pp	32q	-1.0%-$56.1K
INNOVATOR ETFS TRUST	PAUG	$5.5M	118,476	1.21%	flat	13q	-0.9%-$52.2K
SPDR SERIES TRUST	MDYV	$5.5M	62,441	1.21%	-0.13pp	32q	-2.2%-$123.5K
META PLATFORMS INC	META	$5.4M	7,471	1.19%	+0.26pp	32q	HELD
AMAZON COM INC	AMZN	$5.2M	20,861	1.14%	+0.02pp	32q	-1.7%-$87.7K
ALPHABET INC	GOOGL	$4.9M	14,131	1.07%	-0.04pp	32q	+1.1%+$53.0K
CHEVRON CORPORATION	CVX	$4.8M	23,550	1.06%	+0.17pp	32q	-2.4%-$118.0K
INNOVATOR ETFS TRUST	PMAR	$4.4M	89,690	0.97%	-0.01pp	15q	-2.1%-$95.8K
SCHWAB STRATEGIC TR	SCHA	$4.3M	130,587	0.94%	-0.11pp	30q	HELD
WALMART INC	WMT	$3.7M	35,312	0.81%	-0.07pp	32q	+1.7%+$62.7K
CORNING INC	GLW	$3.6M	23,656	0.80%	-0.57pp	32q	-2.1%-$76.6K
TESLA INC	TSLA	$3.6M	10,181	0.79%	-0.12pp	26q	+4.1%+$141.2K
INNOVATOR ETFS TRUST	PFEB	$3.5M	80,448	0.78%	+0.01pp	15q	HELD
MICRON TECHNOLOGY INC	MU	$3.5M	3,303	0.77%	-0.07pp	12q	HELD
DISNEY WALT CO	DIS	$3.2M	30,879	0.71%	+0.03pp	32q	-2.5%-$83.8K
INNOVATOR ETFS TRUST	PJAN	$3.2M	63,777	0.71%	flat	19q	-1.5%-$50.7K
QUALCOMM INC	QCOM	$3.2M	17,361	0.70%	-0.02pp	32q	HELD
S&P GLOBAL INC	SPGI	$3.1M	7,827	0.68%	-0.03pp	32q	HELD
INTEL CORP	INTC	$3.1M	25,460	0.67%	-0.12pp	32q	HELD
INNOVATOR ETFS TRUST	PAPR	$3.0M	69,826	0.66%	flat	30q	-1.3%-$41.1K
GOLDMAN SACHS GROUP INC	GS	$3.0M	3,328	0.66%	-0.15pp	32q	-7.0%-$224.2K
INNOVATOR ETFS TRUST	BAUG	$2.9M	53,256	0.65%	+0.02pp	29q	+1.9%+$54.7K
JOHNSON & JOHNSON	JNJ	$2.9M	11,079	0.64%	+0.03pp	32q	+1.3%+$38.9K
INNOVATOR ETFS TRUST	PDEC	$2.9M	62,036	0.64%	flat	15q	-1.6%-$47.1K
INNOVATOR ETFS TRUST	NJAN	$2.9M	47,968	0.64%	-0.01pp	19q	-2.4%-$70.4K
INNOVATOR ETFS TRUST	BSEP	$2.8M	52,699	0.63%	+0.02pp	20q	+1.4%+$40.5K
INNOVATOR ETFS TRUST	POCT	$2.8M	57,601	0.61%	+0.01pp	31q	HELD
CISCO SYS INC	CSCO	$2.7M	25,099	0.59%	-0.07pp	32q	HELD
SPDR INDEX SHS FDS	SPEM	$2.7M	51,963	0.59%	-0.01pp	30q	-0.9%-$23.8K
INNOVATOR ETFS TRUST	QFLR	$2.7M	74,120	0.59%	-0.02pp	11q	HELD
FIRST TR EXCHNG TRADED FD VI	SFEB	$2.6M	103,050	0.58%	-0.02pp	11q	-0.8%-$20.2K
APPLIED MATLS INC	AMAT	$2.6M	5,073	0.57%	-0.27pp	32q	-2.7%-$71.6K
INNOVATOR ETFS TRUST	PSEP	$2.6M	55,044	0.57%	+0.05pp	20q	+9.0%+$212.1K
INNOVATOR ETFS TRUST	DDFL	$2.6M	118,448	0.56%	+0.02pp	5q	+3.0%+$74.6K
FIRST TR EXCHNG TRADED FD VI	XFEB	$2.6M	66,851	0.56%	-0.02pp	11q	-4.4%-$116.7K
PALANTIR TECHNOLOGIES INC	PLTR	$2.4M	12,941	0.53%	+0.19pp	9q	HELD
EXXONMOBIL HOLDINGS CORP	XOM	$2.3M	14,264	0.51%	-	new	NEW
INNOVATOR ETFS TRUST	NJUL	$2.3M	29,406	0.51%	+0.04pp	20q	+7.9%+$169.3K
ALPHABET INC	GOOG	$2.3M	6,766	0.51%	-0.04pp	14q	-3.0%-$70.5K
INNOVATOR ETFS TRUST	BUFF	$2.2M	41,119	0.49%	flat	12q	-1.0%-$21.8K
FIRST TR EXCHANGE-TRADED FD	ACYN	$2.1M	103,047	0.47%	+0.25pp	2q	+114.6%+$1.1M
CANADIAN PACIFIC KANSAS CITY	CP	$2.1M	25,245	0.47%	-0.01pp	14q	HELD
SPDR GOLD TR	GLD	$2.1M	5,405	0.45%	+0.01pp	22q	+0.8%+$17.1K
INNOVATOR ETFS TRUST	KJUL	$2.0M	60,942	0.44%	+0.01pp	20q	+6.6%+$124.5K
EMCOR GROUP INC	EME	$2.0M	2,652	0.44%	-0.06pp	32q	-1.0%-$21.1K
INNOVATOR ETFS TRUST	PNOV	$2.0M	43,682	0.44%	+0.01pp	19q	HELD
JPMORGAN CHASE & CO	JPM	$2.0M	5,899	0.43%	-0.01pp	26q	-2.3%-$45.7K
BANK OF AMER CORP	BAC	$2.0M	35,841	0.43%	-0.04pp	32q	-2.3%-$46.8K
INNOVATOR ETFS TRUST	IJUL	$1.9M	53,956	0.43%	+0.07pp	20q	+19.2%+$314.3K
SIMON PPTY GROUP INC NEW	SPG	$1.9M	9,685	0.43%	-0.08pp	13q	-5.4%-$110.2K
CORTEVA INC	CTVA	$1.9M	24,817	0.42%	-0.05pp	30q	-1.3%-$25.5K
INNOVATOR ETFS TRUST	NOCT	$1.8M	28,198	0.40%	+0.01pp	20q	HELD
INTERNATIONAL BUSINESS MACHS	IBM	$1.8M	8,237	0.40%	-0.15pp	20q	-5.9%-$112.8K
COCA COLA CO	KO	$1.8M	20,853	0.39%	flat	32q	-3.6%-$66.9K
ADVANCED MICRO DEVICES INC	AMD	$1.8M	2,918	0.39%	+0.01pp	12q	HELD
GRAYSCALE BITCOIN TRUST ETF	GBTC	$1.8M	27,246	0.39%	+0.11pp	11q	HELD
INNOVATOR ETFS TRUST	NFEB	$1.8M	56,303	0.39%	+0.01pp	6q	HELD
INNOVATOR ETFS TRUST	EJUL	$1.8M	56,233	0.39%	+0.06pp	20q	+20.1%+$293.1K
ISHARES TR	AGG	$1.7M	18,417	0.38%	-0.07pp	30q	-10.2%-$198.3K
INNOVATOR ETFS TRUST	PJUL	$1.7M	34,876	0.38%	+0.01pp	20q	+1.9%+$32.8K
MERCK & CO INC	MRK	$1.6M	10,890	0.35%	+0.02pp	32q	-3.6%-$58.7K
PROCTER & GAMBLE CO	PG	$1.6M	10,892	0.35%	-0.01pp	32q	HELD
VERIZON COMMUNICATIONS INC	VZ	$1.5M	33,081	0.33%	+0.02pp	32q	-1.8%-$27.2K
BOEING CO	BA	$1.5M	8,132	0.33%	-0.08pp	32q	-4.7%-$75.4K
WORLD GOLD TR	GLDM	$1.5M	18,311	0.33%	-0.01pp	19q	-3.7%-$57.5K
BLACKSTONE INC	BX	$1.5M	13,355	0.33%	-0.03pp	29q	-3.2%-$48.9K
INNOVATOR ETFS TRUST	BUFB	$1.5M	36,840	0.33%	-0.01pp	12q	-3.5%-$53.2K
FIRST TR EXCHNG TRADED FD VI	XJUL	$1.5M	35,332	0.32%	+0.03pp	13q	+10.5%+$139.5K
FIRST TR EXCHNG TRADED FD VI	GJUN	$1.4M	34,481	0.32%	flat	14q	HELD
INNOVATOR ETFS TRUST	BOCT	$1.4M	25,531	0.31%	+0.01pp	30q	+1.6%+$22.0K
INNOVATOR ETFS TRUST	DDFD	$1.4M	68,900	0.31%	flat	4q	HELD
AMERICAN HOMES 4 RENT	AMH	$1.4M	45,983	0.31%	-0.04pp	32q	HELD
WILLIAMS COS INC	WMB	$1.4M	20,353	0.30%	-0.04pp	24q	-1.9%-$27.3K
BLACKROCK MUNIHLDNGS CALI	MUC	$1.4M	141,727	0.30%	-0.04pp	32q	+0.7%+$9.7K
INNOVATOR ETFS TRUST	NAPR	$1.4M	22,585	0.30%	flat	14q	-1.2%-$17.3K
PFIZER INC	PFE	$1.4M	48,110	0.30%	+0.05pp	32q	+1.5%+$20.0K
PALO ALTO NETWORKS INC	PANW	$1.4M	3,452	0.30%	+0.04pp	20q	-1.3%-$18.3K
RTX CORPORATION	RTX	$1.3M	7,254	0.30%	-0.01pp	26q	HELD
CATERPILLAR INC	CAT	$1.3M	1,652	0.29%	-0.13pp	32q	-6.7%-$96.5K
INNOVATOR ETFS TRUST	IJAN	$1.3M	34,794	0.29%	flat	19q	HELD
INNOVATOR ETFS TRUST	BMAY	$1.3M	27,475	0.29%	flat	2q	HELD
WELLS FARGO & CO	WFC	$1.3M	16,623	0.29%	-0.01pp	32q	HELD
3M CO	MMM	$1.3M	8,087	0.29%	flat	32q	HELD
SELECT SECTOR SPDR TR	XLV	$1.3M	7,876	0.29%	+0.01pp	32q	HELD
FIRST TR EXCHNG TRADED FD VI	FAPR	$1.3M	27,250	0.29%	flat	6q	HELD
FIRST TR EXCHNG TRADED FD VI	XAUG	$1.3M	32,454	0.28%	-0.04pp	13q	-12.2%-$178.4K
AMERICAN EXPRESS CO	AXP	$1.3M	4,154	0.28%	-0.04pp	32q	-2.2%-$28.6K
MONDELEZ INTL INC	MDLZ	$1.3M	21,847	0.28%	-0.01pp	32q	-3.0%-$39.7K
PACER FDS TR	PSFF	$1.3M	35,725	0.28%	+0.01pp	12q	+4.3%+$52.0K
INNOVATOR ETFS TRUST	NMAY	$1.3M	41,386	0.28%	flat	2q	HELD
AT&T INC	T	$1.2M	51,180	0.27%	+0.04pp	32q	+2.2%+$26.9K
INNOVATOR ETFS TRUST	ZJUL	$1.2M	41,137	0.27%	-0.01pp	9q	-2.4%-$30.3K
MORGAN STANLEY	MS	$1.2M	6,615	0.27%	-0.04pp	32q	-2.8%-$35.9K
INVESCO EXCHANGE TRADED FD T	RSP	$1.2M	5,932	0.27%	-0.01pp	26q	+1.7%+$20.4K
INNOVATOR ETFS TRUST	EJAN	$1.2M	33,076	0.27%	flat	20q	-1.0%-$12.0K
FIRST TR EXCHNG TRADED FD VI	GJUL	$1.2M	27,283	0.27%	+0.02pp	13q	+5.0%+$57.5K
SPACE EXPLORATION TECHN CORP	SPCX	$1.2M	7,984	0.26%	+0.09pp	2q	+73.9%+$511.7K
INNOVATOR ETFS TRUST	KAPR	$1.2M	30,532	0.26%	-0.01pp	17q	-2.0%-$24.6K
COSTCO WHOLESALE CORPORATION	COST	$1.2M	1,312	0.26%	-0.02pp	20q	-4.4%-$54.6K
INNOVATOR ETFS TRUST	IMAY	$1.2M	37,350	0.26%	flat	6q	HELD
CAPITAL ONE FINL CORP	COF	$1.2M	6,157	0.26%	-0.01pp	6q	HELD
INNOVATOR ETFS TRUST	TJUL	$1.2M	38,665	0.26%	-0.03pp	13q	-9.4%-$122.7K
SYNCHRONY FINANCIAL	SYF	$1.2M	16,705	0.26%	-0.02pp	32q	HELD
INNOVATOR ETFS TRUST	ISEP	$1.2M	33,945	0.26%	+0.08pp	13q	+45.4%+$370.1K
FIRST TR EXCHNG TRADED FD VI	RSDE	$1.2M	50,340	0.26%	-0.04pp	4q	-10.6%-$140.8K
HOME DEPOT INC	HD	$1.2M	4,065	0.25%	-0.07pp	32q	-0.6%-$6.5K
INNOVATOR ETFS TRUST	PMAY	$1.1M	27,198	0.25%	flat	14q	HELD
FIRST TR EXCHNG TRADED FD VI	JUNM	$1.1M	32,375	0.25%	flat	9q	HELD
GRAYSCALE BITCOIN MINI TR ET	BTC	$1.1M	31,014	0.25%	+0.06pp	8q	-8.0%-$99.7K
METLIFE INC	MET	$1.1M	12,111	0.25%	+0.02pp	32q	-0.8%-$8.9K
FIRST TR EXCHNG TRADED FD VI	QMNV	$1.1M	44,085	0.25%	flat	8q	-0.7%-$8.6K
FIRST TR EXCHNG TRADED FD VI	QCAP	$1.1M	43,700	0.25%	flat	2q	HELD
FIRST TR EXCHNG TRADED FD VI	QMAG	$1.1M	41,908	0.24%	+0.17pp	5q	+230.4%+$769.2K
FIRST TR EXCHNG TRADED FD VI	XOCT	$1.1M	27,018	0.24%	flat	8q	HELD
INNOVATOR ETFS TRUST	ZDEK	$1.1M	40,000	0.24%	flat	4q	HELD
SPDR SERIES TRUST	SLYG	$1.1M	10,035	0.24%	-0.04pp	32q	-2.3%-$25.4K
SCHWAB STRATEGIC TR	SCHB	$1.1M	36,386	0.23%	flat	32q	HELD
NETFLIX INC.	NFLX	$1.1M	15,290	0.23%	-0.02pp	26q	-2.6%-$28.9K
CROWDSTRIKE HLDGS INC	CRWD	$1.1M	3,970	0.23%	+0.05pp	10q	-8.1%-$92.7K
FIRST TR EXCHNG TRADED FD VI	GJAN	$1.0M	22,451	0.23%	flat	3q	HELD
SPDR SERIES TRUST	SLYV	$1.0M	10,066	0.23%	-0.02pp	32q	-2.4%-$25.4K
FIRST TR EXCHNG TRADED FD VI	DLAG	$1.0M	30,150	0.22%	-	new	NEW
AFLAC INC	AFL	$1.0M	9,000	0.22%	-0.01pp	32q	HELD
FIRST TR EXCHNG TRADED FD VI	SAUG	$1.0M	37,050	0.22%	+0.17pp	5q	+354.6%+$784.2K
FIRST TR EXCHNG TRADED FD VI	QCJA	$975.9K	40,700	0.21%	-0.01pp	3q	-5.8%-$59.9K
FIRST TR EXCHNG TRADED FD VI	GMAR	$969.3K	21,426	0.21%	-0.01pp	11q	-4.2%-$42.0K
FIRST TR EXCHNG TRADED FD VI	QMMY	$964.8K	35,735	0.21%	flat	2q	HELD
INNOVATOR ETFS TRUST	KMAY	$953.2K	32,150	0.21%	-0.01pp	2q	HELD
SCHWAB STRATEGIC TR	SCHR	$938.5K	39,600	0.21%	-0.01pp	31q	HELD
INTUITIVE SURGICAL INC	ISRG	$932.4K	2,293	0.20%	+0.01pp	31q	+2.2%+$20.3K
INNOVATOR ETFS TRUST	NSEP	$932.1K	28,830	0.20%	+0.05pp	9q	+25.6%+$189.9K
EATON CORP PLC	ETN	$928.6K	2,161	0.20%	flat	32q	HELD
FIRST TR EXCHNG TRADED FD VI	QCJL	$924.7K	35,450	0.20%	+0.02pp	9q	+6.0%+$52.2K
INVESCO QQQ TR	QQQ	$924.4K	1,250	0.20%	flat	32q	HELD
REALTY INCOME CORP	O	$922.0K	16,980	0.20%	-0.04pp	13q	-2.7%-$26.1K
PUBLIC STORAGE	PSA	$911.7K	3,223	0.20%	-0.04pp	32q	-6.2%-$60.2K
VANGUARD INDEX FDS	VTV	$907.1K	4,198	0.20%	flat	22q	HELD
TEXAS INSTRS INC	TXN	$906.9K	3,238	0.20%	-0.02pp	32q	HELD
CARDINAL HEALTH INC	CAH	$895.4K	4,024	0.20%	-0.02pp	32q	HELD
MASTERCARD INCORPORATED	MA	$889.8K	1,613	0.20%	flat	24q	-6.2%-$59.0K
INNOVATOR ETFS TRUST	PJUN	$885.3K	20,126	0.19%	flat	18q	HELD
J P MORGAN EXCHANGE TRADED F	JEPQ	$867.3K	14,158	0.19%	flat	3q	+2.2%+$19.0K
BROADCOM INC	AVGO	$855.1K	2,435	0.19%	-0.01pp	9q	+3.3%+$27.4K
FIRST TR EXCHNG TRADED FD VI	XSEP	$853.5K	18,852	0.19%	-0.01pp	13q	-3.3%-$29.2K
EDISON INTL	EIX	$834.3K	15,528	0.18%	-0.04pp	32q	+13.6%+$99.7K
MCDONALDS CORP	MCD	$833.6K	3,609	0.18%	-0.09pp	32q	-20.1%-$209.7K
SELECT SECTOR SPDR TR	XLE	$833.6K	13,554	0.18%	+0.01pp	24q	-4.9%-$43.0K
SELECT SECTOR SPDR TR	XLK	$801.8K	4,096	0.18%	flat	26q	-0.6%-$4.9K
PEPSICO INC	PEP	$800.9K	6,320	0.18%	-0.01pp	30q	+4.3%+$32.7K
FIRST TR EXCHNG TRADED FD VI	XNOV	$799.9K	19,750	0.18%	flat	8q	HELD
ISHARES TR	USIG	$797.5K	16,373	0.18%	-0.02pp	30q	-2.0%-$16.4K
INNOVATOR ETFS TRUST	IMAR	$796.5K	26,116	0.18%	flat	11q	-1.4%-$11.2K
FIRST TR EXCHNG TRADED FD VI	GFEB	$787.3K	17,475	0.17%	-0.01pp	7q	-5.4%-$45.1K
NEBIUS GROUP N.V.	NBIS	$772.0K	3,273	0.17%	-0.03pp	5q	HELD
VANGUARD INDEX FDS	VO	$770.8K	9,829	0.17%	-0.01pp	32q	HELD
GE AEROSPACE	GE	$759.7K	2,433	0.17%	-0.05pp	20q	-7.6%-$62.4K
HCA Healthcare, Inc.	HCA	$751.5K	1,761	0.17%	+0.01pp	16q	HELD
FIRST TR EXCHNG TRADED FD VI	GMAY	$747.2K	17,015	0.16%	flat	10q	HELD
FIRST TR EXCHNG TRADED FD VI	XDEC	$744.8K	17,000	0.16%	flat	8q	HELD
GLOBAL PMTS INC	GPN	$735.2K	9,002	0.16%	+0.01pp	32q	-5.3%-$40.8K
TRAVELERS COMPANIES INC	TRV	$733.0K	2,056	0.16%	+0.01pp	17q	HELD
FIRST TR EXCHNG TRADED FD VI	FAUG	$721.9K	12,530	0.16%	-	new	NEW
FIRST TR EXCHNG TRADED FD VI	GOCT	$718.1K	16,825	0.16%	flat	8q	HELD
DEUTSCHE BK AG	DB	$717.8K	20,000	0.16%	+0.01pp	32q	HELD
SCHWAB STRATEGIC TR	SCHM	$713.4K	20,971	0.16%	-0.02pp	20q	-0.6%-$4.5K
INNOVATOR ETFS TRUST	IJUN	$713.1K	22,834	0.16%	flat	2q	HELD
INNOVATOR ETFS TRUST	NDEC	$705.7K	22,750	0.16%	flat	8q	HELD
OMEGA HEALTHCARE INVS INC	OHI	$705.0K	15,224	0.15%	flat	13q	+1.4%+$9.9K
FIRST TR EXCHNG TRADED FD VI	GSEP	$701.9K	16,665	0.15%	+0.02pp	5q	+11.4%+$71.6K
ABBVIE INC	ABBV	$687.7K	2,629	0.15%	flat	32q	-2.6%-$18.6K
DUKE ENERGY CORP NEW	DUK	$681.8K	5,980	0.15%	-0.03pp	16q	-6.3%-$45.6K
SELECT SECTOR SPDR TR	XLF	$681.8K	12,768	0.15%	flat	32q	HELD
KINDER MORGAN INC DEL	KMI	$658.0K	21,825	0.14%	-0.01pp	10q	-0.5%-$3.6K
ORACLE CORP	ORCL	$649.8K	4,732	0.14%	-0.03pp	6q	-9.0%-$64.4K
INNOVATOR ETFS TRUST	UJAN	$644.5K	13,890	0.14%	flat	19q	HELD
AMGEN INC	AMGN	$633.2K	1,502	0.14%	flat	32q	-15.4%-$115.5K
TOYOTA MOTOR CORP	TM	$631.5K	3,449	0.14%	+0.01pp	32q	HELD
INNOVATOR ETFS TRUST	NNOV	$624.4K	19,175	0.14%	flat	4q	HELD
FIRST TR EXCHNG TRADED FD VI	XJUN	$621.8K	13,720	0.14%	-0.01pp	10q	-4.9%-$31.7K
TEREX CORP NEW	TEX	$618.6K	11,760	0.14%	-0.06pp	32q	-3.3%-$21.0K
SALESFORCE INC	CRM	$613.9K	2,674	0.13%	+0.04pp	23q	-1.8%-$11.5K
INNOVATOR ETFS TRUST	KFEB	$611.1K	20,000	0.13%	flat	3q	HELD
SPDR SERIES TRUST	SPYM	$610.4K	6,800	0.13%	+0.04pp	26q	+36.0%+$161.6K
POOL CORP	POOL	$605.4K	3,740	0.13%	-0.05pp	32q	HELD
PACER FDS TR	COWZ	$602.5K	9,025	0.13%	+0.01pp	13q	HELD
FIRST TR EXCHNG TRADED FD VI	YJUN	$601.7K	22,400	0.13%	flat	6q	+4.7%+$26.9K
EATON VANCE TAX-MANAGED GLOB	EXG	$596.1K	63,346	0.13%	-0.01pp	28q	+1.0%+$5.6K
SELECT SECTOR SPDR TR	XLI	$595.1K	3,564	0.13%	-0.02pp	32q	HELD
UNION PAC CORP	UNP	$593.0K	2,179	0.13%	+0.02pp	31q	+18.9%+$94.4K
SNOWFLAKE INC	SNOW	$588.5K	1,733	0.13%	+0.02pp	10q	-8.5%-$54.3K
FIRST TR EXCHNG TRADED FD VI	SMAY	$583.9K	21,100	0.13%	-0.01pp	6q	HELD
CVS HEALTH CORP	CVS	$581.5K	6,786	0.13%	-0.05pp	32q	-12.4%-$82.3K
ELI LILLY & CO	LLY	$579.8K	501	0.13%	flat	6q	+7.1%+$38.2K
ALTRIA GROUP INC	MO	$576.3K	8,558	0.13%	-0.01pp	12q	HELD
HERSHEY CO	HSY	$566.6K	3,595	0.12%	-0.01pp	32q	+1.4%+$7.9K
CHARLES SCHWAB CORP (THE)	SCHW	$560.5K	5,735	0.12%	+0.01pp	24q	HELD
CONOCOPHILLIPS	COP	$555.6K	4,439	0.12%	+0.01pp	19q	-4.3%-$24.8K
GE VERNOVA INC	GEV	$549.4K	578	0.12%	-0.04pp	6q	-6.6%-$39.0K
FIRST TR EXCHNG TRADED FD VI	GAUG	$545.9K	12,965	0.12%	+0.05pp	9q	+73.7%+$231.6K
ZOETIS INC	ZTS	$543.0K	7,777	0.12%	-0.02pp	32q	-8.1%-$48.0K
INNOVATOR ETFS TRUST	KOCT	$531.2K	14,086	0.12%	+0.01pp	12q	+8.1%+$39.6K
INNOVATOR ETFS TRUST	KJAN	$524.9K	11,524	0.12%	flat	18q	HELD
INNOVATOR ETFS TRUST	IFEB	$521.1K	16,600	0.11%	-0.01pp	3q	-4.0%-$22.0K
FREEPORT-MCMORAN INC	FCX	$513.2K	7,332	0.11%	flat	24q	-5.8%-$31.7K
ENERGY TRANSFER L P	ET	$506.2K	25,605	0.11%	-0.01pp	16q	-12.8%-$74.3K
ADOBE INC	ADBE	$501.2K	2,089	0.11%	+0.02pp	32q	HELD
FIRST TR EXCHNG TRADED FD VI	QDEC	$498.1K	13,500	0.11%	flat	8q	HELD
NASDAQ INC	NDAQ	$496.9K	5,400	0.11%	+0.01pp	26q	HELD
PLAINS ALL AMERN PIPELINE L	PAA	$491.0K	20,699	0.11%	+0.01pp	11q	HELD
SEMPRA	SRE	$487.3K	6,251	0.11%	-0.02pp	16q	HELD
INNOVATOR ETFS TRUST	SFLR	$484.5K	12,440	0.11%	flat	6q	HELD
COLUMBIA BKG SYS INC	COLB	$483.7K	16,911	0.11%	+0.02pp	5q	+41.4%+$141.7K
SOUTHERN CO	SO	$480.3K	5,794	0.11%	-0.02pp	16q	HELD
NORTHROP GRUMMAN CORP	NOC	$475.7K	984	0.10%	-0.01pp	12q	HELD
FIRST TR EXCHNG TRADED FD VI	XJAN	$473.5K	12,050	0.10%	flat	3q	+1.3%+$5.9K
WP CAREY INC	WPC	$473.2K	7,322	0.10%	-0.01pp	32q	HELD
INNOVATOR ETFS TRUST	BAPR	$463.4K	8,483	0.10%	flat	14q	HELD
UNITEDHEALTH GROUP INC	UNH	$462.3K	1,259	0.10%	-0.06pp	18q	-26.3%-$165.2K
SHOPIFY INC	SHOP	$461.7K	3,113	0.10%	+0.02pp	16q	-3.9%-$18.5K
INNOVATOR ETFS TRUST	DDTL	$460.2K	20,500	0.10%	+0.03pp	5q	+44.4%+$141.4K
INNOVATOR ETFS TRUST	KMAR	$451.3K	14,300	0.10%	flat	3q	HELD
UNITED PARCEL SVCS INC	UPS	$435.5K	4,661	0.10%	-0.01pp	32q	+6.9%+$28.2K
NUVEEN CALIF AMT FREE MUNI I	NKX	$434.0K	41,211	0.10%	flat	32q	+17.5%+$64.6K
BERKLEY W R CORP	WRB	$433.0K	6,411	0.10%	-0.01pp	23q	HELD
FIRST TR EXCHNG TRADED FD VI	RSJN	$433.0K	11,700	0.10%	flat	9q	HELD
INNOVATOR ETFS TRUST	IAPR	$423.7K	12,647	0.09%	flat	10q	-3.3%-$14.6K
ING GROEP N.V.	ING	$422.4K	11,900	0.09%	+0.01pp	32q	HELD
TANGER INC	SKT	$418.7K	12,207	0.09%	-0.02pp	13q	-8.0%-$36.3K
INNOVATOR ETFS TRUST	EAPR	$417.7K	12,358	0.09%	-0.01pp	10q	-7.7%-$35.0K
INNOVATOR ETFS TRUST	KDEC	$417.3K	14,845	0.09%	flat	7q	HELD
FIRST TR EXCHNG TRADED FD VI	QJUN	$411.4K	11,999	0.09%	flat	10q	HELD
NUCOR CORP	NUE	$409.9K	1,754	0.09%	+0.01pp	9q	+6.1%+$23.6K
FIRST TR EXCHNG TRADED FD VI	BUFR	$408.5K	10,901	0.09%	-	new	NEW
VANGUARD INTL EQUITY INDEX F	VGK	$407.6K	4,696	0.09%	flat	20q	HELD
VALERO ENERGY CORP	VLO	$405.8K	1,047	0.09%	+0.03pp	3q	-3.8%-$15.9K
FIRST TR EXCHNG TRADED FD VI	YMAR	$404.9K	13,946	0.09%	flat	10q	HELD
INNOVATOR ETFS TRUST	IDEC	$401.5K	11,630	0.09%	flat	6q	HELD
INVESCO EXCHANGE TRADED FD T	RPG	$392.3K	6,721	0.09%	-0.01pp	32q	HELD
nan	RWL	$389.6K	3,028	0.09%	flat	30q	HELD
FIRST TR EXCHNG TRADED FD VI	YSEP	$389.5K	13,750	0.09%	+0.01pp	8q	+11.3%+$39.7K
THE CIGNA GROUP	CI	$389.3K	1,432	0.09%	flat	32q	+1.4%+$5.4K
ISHARES SILVER TR	SLV	$388.9K	7,135	0.09%	+0.01pp	4q	+12.5%+$43.1K
INNOVATOR ETFS TRUST	IOCT	$388.5K	10,287	0.09%	flat	12q	-5.8%-$23.9K
LAM RESEARCH CORP	LRCX	$387.9K	1,181	0.09%	-0.02pp	3q	+8.7%+$31.2K
INNOVATOR ETFS TRUST	NMAR	$387.9K	11,700	0.09%	-0.02pp	6q	-18.2%-$86.2K
VALVOLINE INC	VVV	$385.7K	12,798	0.08%	-0.04pp	32q	-9.5%-$40.6K
KROGER CO	KR	$378.9K	6,464	0.08%	-0.01pp	32q	-13.4%-$58.6K
SELECT SECTOR SPDR TR	XLU	$377.6K	9,573	0.08%	-0.01pp	22q	HELD
INNOVATOR ETFS TRUST	XBOC	$376.8K	10,350	0.08%	flat	16q	HELD
ISHARES TR	IWM	$373.9K	1,346	0.08%	-0.01pp	3q	HELD
FIRST TR EXCHNG TRADED FD VI	GNOV	$371.6K	8,680	0.08%	flat	10q	HELD
CLOUDFLARE INC	NET	$369.9K	1,065	0.08%	+0.02pp	4q	HELD
INNOVATOR ETFS TRUST	INOV	$368.1K	10,000	0.08%	flat	4q	HELD
WASTE MGMT INC DEL	WM	$366.5K	1,797	0.08%	-0.01pp	23q	-3.5%-$13.3K
STARBUCKS CORP	SBUX	$365.3K	3,888	0.08%	-0.02pp	31q	-7.3%-$28.8K
INNOVATOR ETFS TRUST	UAUG	$365.2K	8,500	0.08%	flat	12q	HELD
SHELL PLC	SHEL	$364.8K	3,838	0.08%	+0.01pp	19q	HELD
SPROTT ASSET MANAGEMENT LP	PHYS	$359.1K	11,485	0.08%	+0.01pp	7q	+9.5%+$31.3K
RALPH LAUREN CORP	RL	$358.0K	1,008	0.08%	-0.01pp	11q	HELD
INNOVATOR ETFS TRUST	BJAN	$357.4K	5,905	0.08%	flat	11q	-1.3%-$4.8K
EATON VANCE SHORT DURATION D	EVG	$355.6K	35,842	0.08%	-0.01pp	18q	+0.7%+$2.4K
HIMS & HERS HEALTH INC	HIMS	$353.7K	11,874	0.08%	-0.03pp	7q	-17.4%-$74.5K
STRATEGY INC	MSTR	$351.3K	2,295	0.08%	+0.03pp	8q	-3.8%-$13.8K
STATE STR SPDR S&P 500 ETF T	SPY	$347.4K	456	0.08%	-0.02pp	20q	-20.0%-$86.9K
INNOVATOR ETFS TRUST	IAUG	$344.8K	11,400	0.08%	+0.01pp	5q	+9.6%+$30.2K
ALPS ETF TR	OUSA	$344.1K	5,786	0.08%	flat	18q	HELD
SERVICENOW INC	NOW	$343.1K	2,560	0.08%	+0.02pp	10q	+4.1%+$13.4K
INNOVATOR ETFS TRUST	BNOV	$342.7K	7,000	0.08%	flat	4q	HELD
QNITY ELECTRONICS INC	Q	$341.5K	2,716	0.08%	-0.03pp	4q	-2.8%-$9.7K
DOVER CORP	DOV	$341.0K	1,823	0.07%	-0.02pp	32q	HELD
INNOVATOR ETFS TRUST	NAUG	$340.6K	10,200	0.07%	+0.02pp	5q	+32.5%+$83.5K
ISHARES TR	MUB	$337.4K	3,338	0.07%	-0.01pp	30q	-4.0%-$14.1K
FIRST TR EXCHNG TRADED FD VI	SNOV	$334.9K	12,300	0.07%	flat	8q	HELD
FIRST TR EXCHNG TRADED FD VI	QCOC	$332.6K	13,545	0.07%	flat	8q	HELD
INNOVATOR ETFS TRUST	KNOV	$328.0K	10,400	0.07%	flat	4q	HELD
FS KKR CAP CORP	FSK	$326.9K	29,741	0.07%	flat	22q	+4.0%+$12.6K
VANGUARD INDEX FDS	VTI	$324.4K	867	0.07%	flat	16q	HELD
FIRST TR EXCHNG TRADED FD VI	BUFQ	$322.1K	7,950	0.07%	flat	10q	HELD
INNOVATOR ETFS TRUST	BMAR	$317.2K	5,365	0.07%	flat	3q	HELD
TAIWAN SEMICONDUCTOR MANUFAC	TSM	$317.1K	695	0.07%	flat	4q	+1.5%+$4.6K
REGENCY CTRS CORP	REG	$312.8K	4,351	0.07%	-0.01pp	16q	-2.6%-$8.2K
ALPS ETF TR	OGIG	$310.7K	6,228	0.07%	flat	18q	-2.5%-$8.1K
PACER FDS TR	CALF	$309.9K	5,817	0.07%	flat	6q	HELD
FIRST TR EXCHNG TRADED FD VI	GDEC	$306.0K	7,500	0.07%	flat	8q	HELD
FIRST TR EXCHNG TRADED FD VI	DLMY	$305.5K	10,000	0.07%	flat	2q	HELD
ALBERTSONS COMPANIES INC	ACI	$304.2K	26,202	0.07%	-0.03pp	25q	-17.4%-$63.9K
CHUBB LIMITED	CB	$302.8K	931	0.07%	flat	12q	HELD
MARATHON PETE CORP	MPC	$301.7K	763	0.07%	-	new	NEW
VORNADO RLTY TR	VNO	$300.1K	8,858	0.07%	-0.01pp	4q	-0.9%-$2.8K
SPDR SERIES TRUST	SPMD	$295.1K	4,681	0.06%	-0.01pp	26q	HELD
AIM ETF PRODUCTS TRUST	AUGW	$293.8K	8,455	0.06%	flat	5q	HELD
FIRST TR EXCHNG TRADED FD VI	YDEC	$293.8K	10,550	0.06%	flat	4q	-2.3%-$7.0K
ROCKWELL AUTOMATION INC	ROK	$290.2K	667	0.06%	-0.01pp	12q	HELD
INNOVATOR ETFS TRUST	KSEP	$288.4K	9,435	0.06%	-	new	NEW
KKR & CO INC	KKR	$287.2K	3,145	0.06%	flat	32q	HELD
FIRST TR EXCHNG TRADED FD VI	FJUL	$280.0K	4,575	0.06%	flat	11q	HELD
ISHARES TR	LMUB	$279.1K	6,000	0.06%	-	new	NEW
INNOVATOR ETFS TRUST	XBJL	$278.6K	6,800	0.06%	flat	12q	HELD
SEAGATE TECHNOLOGY HLDNGS PL	STX	$276.7K	300	0.06%	-0.01pp	2q	-4.8%-$13.8K
FIRST TR EXCHNG TRADED FD VI	TJUN	$275.4K	12,000	0.06%	+0.01pp	2q	+33.3%+$68.8K
BITMINE IMMERSION TECHS INC	BMNR	$272.6K	10,313	0.06%	-	new	NEW
FIRST TR EXCHNG TRADED FD VI	GAPR	$271.4K	6,375	0.06%	flat	6q	HELD
DELTA AIR LINES INC	DAL	$270.0K	3,235	0.06%	-0.01pp	2q	HELD
DIGITAL RLTY TR INC	DLR	$267.5K	1,524	0.06%	flat	13q	HELD
WYNDHAM HOTELS & RESORTS INC	WH	$267.5K	3,723	0.06%	-0.01pp	32q	HELD
INNOVATOR ETFS TRUST	DDFN	$266.7K	13,000	0.06%	flat	4q	HELD
FIRST TR EXCHNG TRADED FD VI	QMFE	$264.6K	10,600	0.06%	flat	3q	HELD
DUPONT DE NEMOURS INC	DD	$264.2K	2,034	0.06%	-0.01pp	2q	-4.0%-$11.0K
RLJ LODGING TR	RLJPRA	$259.1K	10,778	0.06%	flat	10q	HELD
PHILLIPS 66	PSX	$258.9K	1,014	0.06%	-	new	NEW
INVESCO EXCHANGE TRADED FD T	RPV	$257.7K	2,246	0.06%	flat	24q	HELD
COINBASE GLOBAL INC	COIN	$257.6K	1,382	0.06%	+0.01pp	4q	-6.7%-$18.6K
INNOVATOR ETFS TRUST	DDFS	$256.6K	11,500	0.06%	-	new	NEW
SELECT SECTOR SPDR TR	XLY	$256.2K	2,354	0.06%	-0.01pp	14q	-7.8%-$21.8K
INNOVATOR ETFS TRUST	ZAUG	$250.9K	9,000	0.06%	flat	9q	HELD
SCHWAB STRATEGIC TR	SCHD	$248.6K	7,642	0.05%	flat	2q	+0.6%+$1.4K
CIENA CORP	CIEN	$246.3K	700	0.05%	-0.02pp	3q	HELD
FIRST TR EXCHNG TRADED FD VI	XMAY	$245.4K	6,650	0.05%	flat	10q	HELD
CALAMOS ETF TR	CBXJ	$242.9K	11,010	0.05%	flat	6q	HELD
nan	OUSM	$242.6K	5,282	0.05%	flat	18q	HELD
ROBINHOOD MKTS INC	HOOD	$242.1K	2,152	0.05%	+0.01pp	2q	HELD
INNOVATOR ETFS TRUST	AAPR	$239.7K	8,050	0.05%	flat	10q	HELD
SPDR SERIES TRUST	SPSB	$234.5K	7,924	0.05%	flat	30q	HELD
MOTOROLA SOLUTIONS INC	MSI	$233.7K	524	0.05%	flat	10q	HELD
DAVIS FUNDAMENTAL ETF TR	DFNL	$230.8K	4,796	0.05%	-0.01pp	32q	-11.9%-$31.3K
BRISTOL-MYERS SQUIBB CO	BMY	$230.8K	3,698	0.05%	flat	4q	HELD
INVESCO EXCH TRADED FD TR II	VRP	$230.6K	9,724	0.05%	flat	26q	+1.0%+$2.3K
INNOVATOR ETFS TRUST	DDTY	$228.0K	11,000	0.05%	flat	2q	HELD
FIRST TR EXCHNG TRADED FD VI	DQJN	$226.5K	7,500	0.05%	flat	2q	HELD
ROYAL CARIBBEAN GROUP	RCL	$226.0K	850	0.05%	-0.01pp	6q	HELD
INNOVATOR ETFS TRUST	NJUN	$224.9K	6,733	0.05%	flat	2q	HELD
INNOVATOR ETFS TRUST	BFEB	$224.3K	4,150	0.05%	flat	2q	HELD
DAVIS FUNDAMENTAL ETF TR	DWLD	$224.1K	5,020	0.05%	flat	32q	HELD
INNOVATOR ETFS TRUST	ACEI	$223.4K	9,486	0.05%	flat	3q	+4.7%+$10.0K
ISHARES BITCOIN TRUST ETF	IBIT	$220.1K	4,649	0.05%	-	new	NEW
INNOVATOR ETFS TRUST	EOCT	$219.4K	6,200	0.05%	flat	2q	HELD
SPROTT ASSET MANAGEMENT LP	PSLV	$216.9K	11,200	0.05%	flat	4q	HELD
ARK ETF TR	ARKK	$215.2K	2,415	0.05%	-	new	NEW
INNOVATOR ETFS TRUST	QBUF	$210.3K	6,814	0.05%	-	new	NEW
UBER TECHNOLOGIES INC	UBER	$209.8K	3,063	0.05%	flat	2q	HELD
TOLL BROTHERS INC	TOL	$209.7K	1,556	0.05%	-0.01pp	5q	HELD
DUTCH BROS INC	BROS	$208.8K	5,414	0.05%	-0.04pp	8q	HELD
INNOVATOR ETFS TRUST	DDTS	$205.7K	8,960	0.05%	-	new	NEW
MARSH & MCLENNAN COS INC	MRSH	$204.9K	1,200	0.05%	flat	23q	HELD
ALPINE INCOME PPTY TR INC	PINE	$204.5K	11,786	0.04%	-0.01pp	20q	+1.9%+$3.7K
ALLEGION PLC	ALLE	$201.9K	1,313	0.04%	-	new	NEW
VANECK ETF TRUST	GDX	$201.7K	2,297	0.04%	-	new	NEW
ISHARES TR	IVV	$201.6K	263	0.04%	-	new	NEW
DAVIS FUNDAMENTAL ETF TR	DUSA	$200.1K	3,660	0.04%	flat	2q	HELD
ARCOS DORADOS HLDGS INC	ARCO	$187.2K	26,178	0.04%	-0.01pp	30q	-1.9%-$3.6K
NUVEEN QUALITY MUNCP INCOME	NAD	$160.7K	15,884	0.04%	-0.01pp	32q	HELD
NUVEEN SELECT TAX-FREE INCOM	NXP	$134.3K	10,000	0.03%	flat	6q	HELD
AGNC INVT CORP	AGNC	$125.2K	13,803	0.03%	-0.01pp	17q	HELD
BIT DIGITAL INC	BTBT	$16.3K	10,000	0.00%	flat	4q	-20.0%-$4.1K

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	$32.4M	7.1%
Semiconductors & Electronics	$27.5M	6.0%
Computer Hardware	$27.4M	6.0%
Capital Markets	$15.0M	3.3%
Retail & Consumer	$13.9M	3.0%
Energy	$12.0M	2.6%
Banks & Lending	$11.4M	2.5%
Business Services	$11.2M	2.5%
Insurance	$10.7M	2.4%
Biotech & Pharma	$8.6M	1.9%
Real Estate	$8.0M	1.8%
Autos & Aerospace	$7.6M	1.7%
Other sectors	$42.7M	9.4%
Not classified	$226.7M	49.8%

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	+0.6%	+2.1%	-1.5%	100%
Q2 2026	+11.1%	+14.8%	-3.7%	100%
Q1 2026	-2.5%	-4.6%	+2.2%	100%
Q4 2025	+1.3%	+2.4%	-1.0%	100%
Q3 2025	+5.6%	+7.8%	-2.2%	100%
Q2 2025	+7.9%	+10.5%	-2.6%	100%
Q1 2025	-2.3%	-4.6%	+2.2%	100%
Q4 2024	+0.5%	+2.1%	-1.6%	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	$455.0M	362	17	66	123	12	23.3%	21
Q2 2026	$449.1M	357	25	93	109	14	22.4%	24
Q1 2026	$403.7M	346	18	65	102	11	22.3%	15
Q4 2025	$406.6M	339	24	65	122	17	23.9%	23
Q3 2025	$395.6M	332	20	65	125	23	24.7%	45
Q2 2025	$422.1M	335	25	53	145	52	24.2%	22
Q1 2025	$411.0M	362	10	56	140	11	25.1%	10
Q4 2024	$436.0M	363	24	68	123	13	25.7%	45
Q3 2024	$431.0M	352	25	65	98	10	26.5%	32
Q2 2024	$403.8M	337	22	71	100	16	27.2%	15
Q1 2024	$398.6M	331	22	68	113	10	26.9%	36
Q4 2023	$363.9M	319	24	56	129	5	28.6%	10
Q3 2023	$327.4M	300	22	55	115	10	29.6%	37
Q2 2023	$338.3M	288	13	54	75	10	33.2%	24
Q1 2023	$323.9M	285	8	50	74	6	32.6%	41
Q4 2022	$306.3M	283	29	65	94	3	31.9%	20
Q3 2022	$280.4M	257	8	72	53	11	33.9%	14
Q2 2022	$292.2M	260	11	67	54	24	34.0%	13
Q1 2022	$344.6M	273	20	54	96	18	34.9%	26
Q4 2021	$357.6M	271	44	73	96	14	35.4%	21
Q3 2021	$294.0M	241	0	0	1	1	34.4%	13
Q2 2021	$294.6M	242	19	38	100	12	34.4%	43
Q1 2021	$274.1M	235	21	61	70	4	32.7%	23
Q4 2020	$249.0M	218	21	46	70	12	34.1%	40
Q3 2020	$219.2M	209	16	36	83	6	34.9%	40
Q2 2020	$204.1M	199	26	56	59	6	35.7%	9
Q1 2020	$167.2M	179	5	33	102	45	37.2%	29
Q4 2019	$221.2M	219	13	42	105	9	32.9%	13
Q3 2019	$204.7M	215	7	46	91	12	29.3%	22
Q2 2019	$201.2M	220	25	33	96	7	29.0%	32
Q1 2019	$175.5M	202	17	49	58	4	25.8%	40
Q4 2018	$152.4M	189	0	0	0	0	26.2%	17

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.