DaveManuel.com · Institutional Ownership · 13F Holdings

Segment Wealth Management, LLC

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

CIK

1575581

Reported value

$1.9B

Positions

314

Top 10 weight

30.9%

Filed

2026-10-26

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
VANGUARD INDEX FDS	VTI	$122.4M	327,167	6.31%	+0.04pp	32q	HELD
BERKSHIRE HATHAWAY INC DEL	BRKB	$80.5M	161,741	4.15%	-0.10pp	32q	-1.1%-$928.2K
BROADCOM INC	AVGO	$59.8M	170,171	3.08%	-0.25pp	32q	HELD
INVESCO QQQ TR	QQQ	$56.7M	76,692	2.92%	-0.01pp	32q	HELD
NVIDIA CORPORATION CALL	NVDA	$55.8M	243,953	2.87%	+0.35pp	31q	+0.6%+$312.2K
GE VERNOVA INC	GEV	$54.3M	57,082	2.80%	-0.83pp	10q	-4.1%-$2.3M
APPLE INC	AAPL	$51.2M	153,816	2.64%	+0.34pp	32q	+0.6%+$300.4K
ASML HLDG NV	ASML	$45.7M	25,246	2.36%	-0.27pp	32q	-0.7%-$318.9K
MICROSOFT CORP	MSFT	$38.1M	74,259	1.96%	+0.55pp	32q	+1.6%+$615.5K
MARATHON PETE CORP	MPC	$35.7M	90,178	1.84%	+0.63pp	24q	-1.1%-$383.2K
EXXONMOBIL HOLDINGS CORP	XOM	$33.5M	205,930	1.73%	-	new	NEW
CATERPILLAR INC	CAT	$32.7M	40,303	1.68%	-0.57pp	32q	-1.2%-$398.9K
ALPHABET INC	GOOGL	$30.5M	88,756	1.57%	-0.11pp	32q	-2.1%-$650.7K
GARMIN LTD	GRMN	$29.9M	104,155	1.54%	+0.24pp	32q	-1.0%-$305.2K
SPDR SERIES TRUST	SPYM	$29.2M	324,874	1.50%	+0.04pp	8q	+1.0%+$292.3K
BERKSHIRE HATHAWAY INC DEL	BRKA	$28.4M	38	1.46%	-0.05pp	32q	-2.6%-$747.0K
WALMART INC	WMT	$26.1M	251,060	1.34%	-0.15pp	32q	-1.0%-$254.8K
MCKESSON CORP	MCK	$26.0M	30,506	1.34%	+0.15pp	18q	HELD
PARKER HANNIFIN CORP	PH	$25.8M	27,055	1.33%	-0.07pp	13q	-2.3%-$609.6K
STATE STR SPDR S&P 500 ETF T	SPY	$25.8M	33,772	1.33%	+0.01pp	32q	HELD
AMPHENOL CORP	APH	$25.6M	303,643	1.32%	-0.07pp	30q	HELD
VISA INC	V	$24.8M	69,043	1.28%	+0.06pp	32q	+1.1%+$273.1K
TEXAS INSTRS INC	TXN	$23.1M	82,358	1.19%	-0.11pp	32q	-1.6%-$371.7K
S&P GLOBAL INC	SPGI	$21.1M	53,453	1.09%	-0.05pp	32q	HELD
MARRIOTT INTL INC NEW	MAR	$21.1M	59,257	1.09%	-0.06pp	24q	-0.6%-$134.8K
PRINCIPAL EXCHANGE TRADED FD	USMC	$20.5M	266,962	1.06%	+0.03pp	26q	HELD
CINTAS CORP	CTAS	$20.1M	102,920	1.03%	+0.13pp	29q	HELD
COSTCO WHOLESALE CORPORATION	COST	$19.9M	21,914	1.03%	-0.03pp	25q	+0.6%+$127.4K
GOLDMAN SACHS GROUP INC	GS	$19.9M	22,131	1.03%	-0.14pp	32q	HELD
INVESCO EXCHANGE TRADED FD T	XLG	$19.7M	308,926	1.01%	+0.04pp	17q	+1.0%+$202.5K
META PLATFORMS INC	META	$19.5M	26,900	1.01%	+0.23pp	15q	+1.6%+$301.7K
ALLSTATE CORP	ALL	$19.4M	87,336	1.00%	-0.10pp	32q	-1.9%-$382.7K
JPMORGAN CHASE & CO	JPM	$19.1M	57,873	0.99%	+0.01pp	32q	+1.0%+$183.3K
MOTOROLA SOLUTIONS INC	MSI	$18.2M	40,915	0.94%	+0.06pp	14q	HELD
ELI LILLY & CO	LLY	$18.1M	15,657	0.93%	-0.03pp	20q	+0.6%+$107.6K
EOG RES INC	EOG	$17.9M	129,703	0.92%	+0.05pp	23q	+0.6%+$100.6K
TAIWAN SEMICONDUCTOR MANUFAC	TSM	$17.6M	38,577	0.91%	-0.05pp	9q	-0.5%-$89.9K
UNION PAC CORP	UNP	$17.1M	62,655	0.88%	-0.01pp	32q	HELD
STRYKER CORPORATION	SYK	$16.5M	59,971	0.85%	-0.08pp	32q	+5.6%+$880.7K
ALPHABET INC	GOOG	$15.9M	46,691	0.82%	flat	32q	+3.8%+$582.3K
SHERWIN WILLIAMS CO	SHW	$15.8M	48,878	0.81%	-0.05pp	14q	+1.4%+$211.4K
AUTOMATIC DATA PROCESSING IN	ADP	$15.4M	59,760	0.79%	+0.08pp	32q	-2.5%-$395.3K
TJX COS INC NEW	TJX	$15.1M	114,016	0.78%	-0.10pp	10q	+2.3%+$340.3K
DANAHER CORP DEL	DHR	$15.0M	67,543	0.77%	+0.12pp	32q	+3.1%+$451.3K
MARSH & MCLENNAN COS INC	MRSH	$14.9M	87,444	0.77%	+0.03pp	32q	+1.8%+$267.9K
HOME DEPOT INC	HD	$14.4M	50,789	0.74%	-0.18pp	32q	+1.0%+$140.8K
VANGUARD INDEX FDS	VXF	$14.1M	60,909	0.73%	-0.05pp	26q	HELD
VANGUARD INDEX FDS	VUG	$13.8M	152,766	0.71%	+0.03pp	32q	HELD
MCDONALDS CORP	MCD	$13.6M	58,983	0.70%	-0.11pp	32q	+2.4%+$324.7K
CONSTELLATION ENERGY CORP	CEG	$13.0M	51,172	0.67%	+0.03pp	14q	+3.0%+$374.4K
ISHARES TR	OEF	$12.4M	32,354	0.64%	+0.02pp	32q	HELD
Rio Tinto PLC	RIO	$12.3M	131,119	0.64%	+0.01pp	3q	+3.0%+$362.9K
ENTERPRISE PRODS PARTNERS L	EPD	$11.4M	321,451	0.59%	-0.02pp	32q	HELD
CARRIER GLOBAL CORPORATION	CARR	$11.2M	204,537	0.58%	-0.19pp	17q	+1.7%+$183.5K
GALLAGHER ARTHUR J CO	AJG	$11.1M	48,630	0.57%	flat	28q	+1.4%+$158.1K
VANGUARD WORLD FD	MGC	$10.4M	36,965	0.54%	+0.01pp	8q	HELD
INVESCO EXCH TRADED FD TR II	IDMO	$10.0M	163,155	0.51%	-0.06pp	5q	-11.5%-$1.3M
ORACLE CORP	ORCL	$9.4M	68,160	0.48%	+0.14pp	14q	+49.4%+$3.1M
ISHARES TR	IWD	$9.1M	36,569	0.47%	-0.01pp	32q	-3.9%-$366.9K
AMAZON COM INC	AMZN	$8.8M	35,330	0.45%	+0.05pp	32q	+8.4%+$683.4K
INTERCONTINENTAL EXCHANGE IN	ICE	$8.5M	55,820	0.44%	+0.09pp	28q	+3.0%+$246.9K
CENCORA INC	COR	$8.3M	27,740	0.43%	+0.03pp	5q	+2.5%+$202.7K
QUANTA SVCS INC	PWR	$8.3M	12,906	0.43%	-0.03pp	32q	+5.6%+$443.3K
POLARIS INC	PII	$7.5M	142,915	0.38%	-0.15pp	6q	-5.5%-$434.9K
VANECK ETF TRUST	SMH	$7.2M	11,847	0.37%	-0.04pp	2q	-3.0%-$221.7K
VANGUARD SPECIALIZED FUNDS	VIG	$7.2M	30,889	0.37%	-0.02pp	32q	-3.3%-$243.1K
DISNEY WALT CO	DIS	$7.2M	68,249	0.37%	+0.04pp	3q	+2.1%+$147.5K
ARISTA NETWORKS INC	ANET	$6.7M	32,674	0.34%	+0.05pp	8q	-2.5%-$170.2K
PALO ALTO NETWORKS INC	PANW	$6.6M	16,711	0.34%	+0.06pp	4q	+4.0%+$255.1K
APOLLO GLOBAL MGMT INC	APO	$6.5M	56,229	0.34%	-0.02pp	19q	-3.5%-$233.4K
SPDR GOLD TR	GLD	$6.4M	16,810	0.33%	+0.01pp	32q	HELD
MAIN STR CAP CORP	MAIN	$6.3M	114,753	0.33%	+0.02pp	32q	HELD
CHEVRON CORPORATION	CVX	$5.8M	28,467	0.30%	+0.05pp	32q	-1.6%-$93.9K
ISHARES TR	IEFA	$5.8M	59,910	0.30%	flat	16q	HELD
BRUNSWICK CORP	BC	$5.7M	88,460	0.29%	-0.10pp	6q	-1.3%-$72.6K
MICRON TECHNOLOGY INC	MU	$5.6M	5,246	0.29%	+0.22pp	2q	+344.2%+$4.3M
ISHARES TR	IWF	$5.3M	42,136	0.27%	flat	32q	HELD
SELECT SECTOR SPDR TR	XLY	$5.2M	47,949	0.27%	-0.03pp	32q	-3.8%-$204.2K
TESLA INC	TSLA	$5.0M	14,097	0.26%	flat	15q	+17.9%+$760.0K
MASTERCARD INCORPORATED	MA	$4.8M	8,643	0.25%	+0.04pp	32q	+11.3%+$483.1K
ISHARES TR	IMTM	$4.7M	89,953	0.24%	-0.06pp	12q	-17.6%-$1.0M
ISHARES TR	ITOT	$4.5M	26,892	0.23%	flat	6q	-1.3%-$57.4K
PALANTIR TECHNOLOGIES INC	PLTR	$4.4M	23,767	0.23%	+0.11pp	3q	+25.2%+$895.6K
SELECT SECTOR SPDR TR	XLK	$4.4M	22,612	0.23%	flat	32q	HELD
NETFLIX INC.	NFLX	$4.4M	63,001	0.23%	+0.02pp	17q	+11.2%+$441.4K
SPACE EXPLORATION TECHN CORP	SPCX	$4.4M	29,025	0.23%	-	new	NEW
EMCOR GROUP INC	EME	$4.3M	5,675	0.22%	flat	5q	+10.3%+$399.9K
VANGUARD INDEX FDS	VOO	$4.2M	6,023	0.22%	flat	32q	HELD
DEVON ENERGY CORP NEW	DVN	$4.1M	89,204	0.21%	+0.02pp	3q	-2.4%-$99.9K
VANGUARD INDEX FDS	VTV	$4.0M	18,680	0.21%	-0.01pp	32q	-4.2%-$177.2K
LAM RESEARCH CORP	LRCX	$4.0M	12,270	0.21%	-0.06pp	8q	+1.7%+$65.7K
VANGUARD INTL EQUITY INDEX F	VPL	$3.9M	33,983	0.20%	flat	3q	HELD
STATE STR SPDR S&P MIDCAP 40	MDY	$3.9M	5,975	0.20%	-0.02pp	32q	-1.7%-$67.6K
ISHARES TR	IVV	$3.9M	5,040	0.20%	+0.02pp	32q	+11.4%+$395.9K
CELESTICA INC	CLS	$3.7M	10,171	0.19%	-0.01pp	5q	-3.9%-$148.2K
PHILLIPS 66	PSX	$3.6M	14,205	0.19%	+0.06pp	32q	HELD
PACER FDS TR	PATN	$3.6M	101,163	0.19%	-	new	NEW
LPL FINL HLDGS INC	LPLA	$3.5M	11,528	0.18%	+0.04pp	3q	+15.3%+$468.8K
ISHARES TR	IJK	$3.5M	31,700	0.18%	-0.01pp	32q	HELD
MACOM TECH SOLUTIONS HLDGS I	MTSI	$3.4M	11,779	0.17%	-0.08pp	14q	-8.8%-$324.7K
SCHWAB STRATEGIC TR	SCHB	$3.3M	111,446	0.17%	flat	32q	+2.3%+$72.0K
APPLOVIN CORP	APP	$3.2M	11,116	0.17%	-0.09pp	9q	+16.9%+$467.6K
COHERENT CORP	COHR	$3.1M	10,883	0.16%	-0.03pp	4q	+15.0%+$409.3K
INTUITIVE SURGICAL INC	ISRG	$3.0M	7,425	0.16%	+0.02pp	28q	+14.0%+$369.6K
ISHARES TR	IHI	$3.0M	58,883	0.16%	flat	32q	HELD
ISHARES TR	IBDW	$3.0M	147,901	0.15%	flat	12q	+6.1%+$169.8K
ISHARES TR	IWM	$2.9M	10,300	0.15%	+0.04pp	32q	+49.3%+$944.8K
MSCI INC	MSCI	$2.7M	5,095	0.14%	+0.02pp	31q	+19.1%+$439.5K
COMFORT SYS USA INC	FIX	$2.7M	1,635	0.14%	-0.03pp	5q	HELD
GE AEROSPACE	GE	$2.7M	8,591	0.14%	-0.03pp	11q	HELD
VANGUARD INDEX FDS	VO	$2.6M	33,292	0.13%	flat	32q	HELD
ISHARES TR	IBDV	$2.5M	120,286	0.13%	flat	13q	+7.1%+$168.1K
ISHARES TR	IBDX	$2.5M	103,671	0.13%	flat	12q	+6.7%+$157.3K
ISHARES TR	IBDU	$2.5M	108,635	0.13%	flat	13q	+6.8%+$157.6K
CROWDSTRIKE HLDGS INC	CRWD	$2.4M	9,076	0.12%	+0.03pp	12q	HELD
ONEOK INC NEW	OKE	$2.4M	28,154	0.12%	-	new	NEW
ISHARES TR	IBDT	$2.4M	96,140	0.12%	+0.01pp	20q	+7.4%+$166.2K
STERLING INFRASTRUCTURE INC	STRL	$2.3M	4,751	0.12%	-0.06pp	3q	+16.9%+$338.3K
UBIQUITI INC	UI	$2.3M	4,102	0.12%	+0.02pp	5q	+19.5%+$379.7K
WILLIAMS COS INC	WMB	$2.3M	33,743	0.12%	flat	20q	+6.3%+$135.6K
ISHARES TR	IBDY	$2.2M	88,885	0.11%	flat	11q	+10.4%+$205.1K
MERCK & CO INC	MRK	$2.1M	14,550	0.11%	+0.01pp	32q	HELD
EVERPURE INC	P	$2.1M	16,056	0.11%	+0.05pp	14q	+3.9%+$78.5K
APA CORPORATION	APA	$2.1M	50,000	0.11%	+0.02pp	14q	HELD
SPX TECHNOLOGIES INC	SPXC	$2.0M	12,025	0.11%	-0.02pp	3q	+18.3%+$315.0K
PROSPERITY BANCSHARES INC	PB	$2.0M	30,423	0.10%	-	new	NEW
BOOKING HOLDINGS INC	BKNG	$2.0M	12,273	0.10%	flat	13q	+7.7%+$143.7K
COCA COLA CO	KO	$1.9M	22,650	0.10%	+0.01pp	32q	HELD
FIRST TR EXCHANGE TRADED FD	SKYY	$1.9M	11,697	0.10%	+0.02pp	31q	-2.2%-$43.5K
ISHARES TR	IBDS	$1.8M	76,448	0.10%	+0.01pp	20q	DEBT
ISHARES TR	IBDZ	$1.8M	73,318	0.09%	+0.01pp	8q	+18.6%+$283.7K
FLOTEK INDUSTRIES INC	FTK	$1.8M	61,420	0.09%	+0.02pp	12q	HELD
SCHWAB STRATEGIC TR	SCHG	$1.8M	48,998	0.09%	-0.01pp	32q	-12.5%-$251.2K
KKR & CO INC	KKR	$1.7M	18,693	0.09%	flat	32q	HELD
JANUS DETROIT STR TR	JAAA	$1.7M	33,520	0.09%	flat	10q	HELD
EQT Corp	EQT	$1.7M	34,800	0.09%	-0.01pp	8q	-3.2%-$56.3K
LOCKHEED MARTIN CORP	LMT	$1.6M	3,223	0.08%	flat	32q	HELD
PROCTER & GAMBLE CO	PG	$1.6M	11,207	0.08%	-0.01pp	32q	-10.0%-$181.7K
DEERE CO	DE	$1.6M	2,413	0.08%	flat	23q	HELD
NEXTERA ENERGY INC	NEE	$1.6M	21,291	0.08%	-0.02pp	32q	-1.6%-$27.0K
NEBIUS GROUP N.V.	NBIS	$1.5M	6,465	0.08%	-	new	NEW
VALERO ENERGY CORP	VLO	$1.5M	3,904	0.08%	+0.03pp	13q	HELD
CUMMINS INC	CMI	$1.5M	2,847	0.08%	-0.03pp	12q	+3.6%+$51.7K
ABBVIE INC	ABBV	$1.5M	5,576	0.08%	flat	32q	HELD
WASTE MGMT INC DEL	WM	$1.5M	7,117	0.07%	-0.01pp	31q	-7.9%-$124.6K
ISHARES TR	IBCA	$1.4M	56,595	0.07%	+0.02pp	3q	+45.1%+$423.5K
INVESCO EXCH TRD SLF IDX FD	BSJR	$1.3M	59,515	0.07%	flat	16q	-2.6%-$35.3K
PROSHARES TR	TQQQ	$1.3M	16,572	0.07%	flat	15q	HELD
DUKE ENERGY CORP NEW	DUK	$1.3M	11,249	0.07%	-0.01pp	32q	-3.2%-$42.5K
JOHNSON & JOHNSON	JNJ	$1.2M	4,617	0.06%	flat	32q	HELD
REPUBLIC SVCS INC	RSG	$1.2M	5,804	0.06%	-0.01pp	25q	-6.9%-$89.6K
VERTIV HOLDINGS CO	VRT	$1.2M	5,042	0.06%	-0.02pp	12q	HELD
EMERSON ELEC CO	EMR	$1.2M	7,838	0.06%	flat	12q	-1.8%-$22.6K
INVESCO EXCH TRD SLF IDX FD	BSCS	$1.2M	59,783	0.06%	flat	23q	-1.5%-$18.2K
KINDER MORGAN INC DEL	KMI	$1.2M	39,545	0.06%	-0.01pp	28q	-2.6%-$32.2K
PHILIP MORRIS INTL INC	PM	$1.2M	6,198	0.06%	flat	7q	-10.7%-$141.6K
VANGUARD SCOTTSDALE FDS	VONE	$1.2M	3,424	0.06%	flat	4q	HELD
VANGUARD WHITEHALL FDS	VIGI	$1.2M	12,473	0.06%	flat	28q	HELD
ADVANCED MICRO DEVICES INC	AMD	$1.2M	1,901	0.06%	flat	4q	+4.2%+$46.5K
PUBLIC STORAGE	PSA	$1.2M	4,090	0.06%	-0.01pp	32q	-0.8%-$9.3K
ISHARES TR	IWB	$1.1M	2,745	0.06%	flat	32q	HELD
INVESCO EXCH TRD SLF IDX FD	BSJS	$1.1M	53,200	0.06%	flat	13q	-0.7%-$8.2K
VISTRA CORP	VST	$1.1M	8,193	0.06%	-0.01pp	9q	-2.6%-$30.0K
INVESCO EXCH TRD SLF IDX FD	BSCR	$1.1M	57,882	0.06%	flat	24q	-4.0%-$47.2K
CAPITAL ONE FINL CORP	COF	$1.1M	5,791	0.06%	flat	6q	HELD
WISDOMTREE TR	USFR	$1.1M	22,135	0.06%	flat	16q	-2.5%-$28.2K
SPDR SERIES TRUST	KBE	$1.1M	17,500	0.06%	flat	12q	HELD
INVESCO EXCHANGE TRADED FD T	RSP	$1.1M	5,298	0.06%	flat	32q	+4.0%+$42.4K
CISCO SYS INC	CSCO	$1.1M	10,144	0.06%	-0.01pp	7q	HELD
BROOKFIELD CORP	BN	$1.1M	29,774	0.06%	flat	16q	+10.4%+$102.0K
WELLS FARGO & CO	WFC	$1.1M	13,392	0.06%	flat	12q	HELD
CAMECO CORP	CCJ	$1.1M	12,369	0.06%	-0.04pp	7q	-33.4%-$536.8K
VANGUARD WORLD FD	VGT	$1.1M	8,512	0.06%	flat	4q	HELD
THERMO FISHER SCIENTIFIC INC	TMO	$1.1M	1,578	0.05%	+0.01pp	32q	HELD
INVESCO EXCH TRD SLF IDX FD	BSCT	$1.1M	57,820	0.05%	flat	13q	-1.4%-$15.4K
ILLINOIS TOOL WKS INC	ITW	$1.0M	3,896	0.05%	flat	32q	-2.6%-$26.8K
VANGUARD INDEX FDS	VB	$976.2K	3,431	0.05%	flat	31q	HELD
CONOCOPHILLIPS	COP	$973.4K	7,778	0.05%	flat	23q	-18.6%-$222.0K
TARGA RES CORP	TRGP	$925.3K	3,423	0.05%	flat	9q	HELD
SHOPIFY INC	SHOP	$911.5K	6,146	0.05%	+0.01pp	8q	+2.2%+$19.7K
INVESCO EXCH TRADED FD TR II	QQQM	$905.1K	2,971	0.05%	+0.01pp	4q	+27.7%+$196.5K
INVESCO EXCH TRD SLF IDX FD	BSCU	$901.5K	55,858	0.05%	flat	11q	-1.7%-$15.3K
AMGEN INC	AMGN	$899.5K	2,134	0.05%	+0.01pp	12q	HELD
CHUBB LIMITED	CB	$892.8K	2,745	0.05%	flat	11q	-3.1%-$28.3K
INVESCO EXCH TRD SLF IDX FD	BSJT	$885.5K	42,870	0.05%	flat	11q	+0.7%+$6.2K
ANALOG DEVICES INC	ADI	$871.6K	2,197	0.04%	flat	11q	-6.1%-$56.3K
MPLX LP	MPLX	$870.0K	15,447	0.04%	flat	7q	HELD
MOBILITY GLOBAL INC	MBGL	$865.3K	50,457	0.04%	-	new	NEW
PEPSICO INC	PEP	$822.5K	6,491	0.04%	-0.02pp	32q	-21.4%-$223.9K
BLACKSTONE INC	BX	$814.7K	7,268	0.04%	flat	29q	HELD
ENTERGY CORP NEW	ETR	$812.8K	8,189	0.04%	-0.01pp	31q	+0.7%+$5.5K
WORLD GOLD TR	GLDM	$780.7K	9,500	0.04%	flat	19q	HELD
INTEL CORP	INTC	$738.3K	6,141	0.04%	-0.01pp	3q	HELD
IDEX CORP	IEX	$734.3K	3,221	0.04%	flat	32q	HELD
ISHARES TR	IVW	$725.0K	5,096	0.04%	flat	20q	HELD
MORGAN STANLEY	MS	$719.4K	3,825	0.04%	flat	12q	HELD
LOWES COS INC	LOW	$711.0K	3,858	0.04%	-0.01pp	26q	-7.0%-$53.3K
VERALTO CORP	VLTO	$710.0K	7,527	0.04%	flat	12q	-12.8%-$104.3K
PROLOGIS INC.	PLD	$704.3K	5,424	0.04%	flat	30q	HELD
LINDE PLC	LIN	$702.0K	1,479	0.04%	-0.01pp	12q	-12.7%-$102.0K
LAMAR ADVERTISING CO	LAMR	$698.9K	4,850	0.04%	flat	17q	HELD
ISHARES TR	EFA	$695.0K	6,690	0.04%	flat	3q	HELD
ISHARES TR	IWR	$688.2K	6,449	0.04%	flat	32q	HELD
ISHARES TR	IJH	$686.9K	9,547	0.04%	flat	20q	+15.2%+$90.8K
ECOLAB INC	ECL	$632.1K	2,302	0.03%	flat	31q	HELD
AMETEK INC	AME	$600.2K	2,423	0.03%	flat	12q	HELD
ISHARES SILVER TR	SLV	$598.5K	10,980	0.03%	flat	19q	HELD
ENBRIDGE INC	ENB	$589.7K	12,685	0.03%	-0.01pp	32q	HELD
PLAINS ALL AMERN PIPELINE L	PAA	$578.8K	24,400	0.03%	flat	3q	HELD
TECHNIPFMC PLC	FTI	$577.3K	8,500	0.03%	flat	11q	HELD
TORTOISE ENERGY INFRSTRCTR C	TYG	$574.4K	15,000	0.03%	flat	7q	HELD
RTX CORPORATION	RTX	$566.6K	3,052	0.03%	flat	7q	HELD
TRAVELERS COMPANIES INC	TRV	$561.1K	1,574	0.03%	flat	11q	HELD
AMERIPRISE FINL INC	AMP	$560.3K	1,138	0.03%	flat	12q	HELD
KLA CORP	KLAC	$557.5K	2,860	0.03%	-0.02pp	6q	HELD
VANGUARD INTL EQUITY INDEX F	VWO	$554.0K	9,340	0.03%	flat	3q	-1.4%-$7.7K
WEC ENERGY GROUP INC	WEC	$547.9K	5,437	0.03%	flat	7q	+0.7%+$3.6K
ALPS ETF TR	AMLP	$538.2K	10,375	0.03%	flat	19q	HELD
VANGUARD TAX-MANAGED FDS	VEA	$537.3K	7,610	0.03%	flat	4q	HELD
GENERAL DYNAMICS CORP	GD	$536.9K	1,618	0.03%	flat	7q	HELD
PAYCHEX INC	PAYX	$536.6K	5,448	0.03%	flat	25q	-3.0%-$16.7K
ISHARES TR	IXN	$533.6K	3,600	0.03%	flat	4q	HELD
XCEL ENERGY INC	XEL	$516.6K	7,330	0.03%	flat	7q	+0.7%+$3.5K
EXELON CORP	EXC	$511.1K	12,650	0.03%	flat	32q	+1.2%+$5.9K
WELLTOWER INC	WELL	$480.1K	2,085	0.02%	flat	3q	-0.8%-$3.7K
CMS ENERGY CORP	CMS	$475.2K	7,533	0.02%	-0.01pp	7q	+1.3%+$6.3K
NUCOR CORP	NUE	$473.6K	2,026	0.02%	flat	24q	HELD
ABBOTT LABORATORIES	ABT	$471.4K	4,770	0.02%	flat	25q	-17.7%-$101.6K
BANK OF AMER CORP	BAC	$466.1K	8,563	0.02%	flat	11q	HELD
LITTELFUSE INC	LFUS	$458.1K	1,081	0.02%	flat	24q	HELD
VANGUARD INDEX FDS	VBK	$452.7K	1,340	0.02%	flat	26q	HELD
INVESCO EXCH TRD SLF IDX FD	BSJU	$446.6K	17,958	0.02%	flat	8q	+1.3%+$5.7K
AFLAC INC	AFL	$442.8K	3,961	0.02%	flat	7q	-7.3%-$34.7K
EXTRA SPACE STORAGE INC	EXR	$437.8K	3,329	0.02%	flat	7q	+0.9%+$3.9K
ISHARES TR	IJR	$436.7K	3,210	0.02%	flat	23q	+25.9%+$89.8K
CAL MAINE FOODS INC	CALM	$430.2K	6,321	0.02%	flat	12q	HELD
ISHARES TR	IBHJ	$429.1K	16,737	0.02%	flat	3q	+21.2%+$75.2K
SYSCO CORP	SYY	$415.0K	5,323	0.02%	flat	32q	-2.0%-$8.6K
DIGITAL RLTY TR INC	DLR	$400.2K	2,280	0.02%	flat	8q	+0.9%+$3.5K
GENERAC HLDGS INC	GNRC	$396.5K	1,916	0.02%	-0.01pp	5q	HELD
AMERICAN WTR WKS CO INC NEW	AWK	$396.2K	3,060	0.02%	flat	7q	HELD
BLACKROCK INC	BLK	$394.7K	373	0.02%	flat	7q	HELD
ISHARES TR	IBHI	$382.5K	16,755	0.02%	flat	3q	+3.3%+$12.3K
EXPEDIA GROUP INC	EXPE	$376.6K	1,430	0.02%	flat	12q	HELD
MURPHY USA INC	MUSA	$375.5K	745	0.02%	flat	14q	HELD
CONSOLIDATED EDISON INC	ED	$372.0K	3,640	0.02%	flat	7q	HELD
BROADRIDGE FINL SOLUTIONS IN	BR	$361.5K	2,244	0.02%	flat	32q	-5.4%-$20.5K
EQUINIX INC	EQIX	$360.1K	356	0.02%	flat	11q	HELD
AMEREN CORP	AEE	$355.0K	3,572	0.02%	flat	6q	+0.9%+$3.2K
ARES CAPITAL CORP	ARCC	$353.9K	18,530	0.02%	-	new	NEW
APPLIED MATLS INC	AMAT	$350.3K	685	0.02%	-0.01pp	3q	HELD
TRANE TECHNOLOGIES PLC	TT	$337.6K	747	0.02%	flat	11q	HELD
INVESCO EXCH TRD SLF IDX FD	BSCV	$333.4K	21,140	0.02%	flat	8q	-3.2%-$11.2K
ISHARES TR	IBHK	$330.7K	13,414	0.02%	flat	3q	+29.7%+$75.8K
ISHARES BITCOIN TRUST ETF	IBIT	$329.1K	6,951	0.02%	-	new	NEW
DIAMONDBACK ENERGY INC	FANG	$327.5K	1,782	0.02%	flat	19q	HELD
ISHARES INC	IEMG	$326.8K	4,027	0.02%	+0.01pp	2q	+62.4%+$125.6K
PROSHARES TR	QLD	$326.6K	3,415	0.02%	flat	5q	HELD
CARLYLE GROUP INC	CG	$325.2K	8,200	0.02%	flat	19q	HELD
ISHARES TR	AGG	$324.3K	3,430	0.02%	flat	16q	+1.1%+$3.6K
INVESCO EXCH TRADED FD TR II	SPMO	$322.9K	2,130	0.02%	flat	2q	HELD
SOUTHSTATE BK CORP	SSB	$321.4K	3,229	0.02%	flat	5q	HELD
WW GRAINGER INC	GWW	$315.2K	253	0.02%	flat	7q	-7.0%-$23.7K
ISHARES TR	USMV	$313.4K	3,216	0.02%	-	new	NEW
ISHARES TR	ITA	$310.8K	1,500	0.02%	flat	32q	HELD
VONTIER CORPORATION	VNT	$310.4K	9,884	0.02%	-0.02pp	12q	-62.1%-$507.9K
NORTHROP GRUMMAN CORP	NOC	$307.0K	635	0.02%	flat	32q	HELD
PROSHARES TR	UPRO	$303.5K	2,065	0.02%	flat	5q	HELD
VAIL RESORTS INC	MTN	$300.4K	2,190	0.02%	flat	3q	+1.9%+$5.5K
CITIGROUP INC	C	$298.1K	2,302	0.02%	flat	5q	HELD
J P MORGAN EXCHANGE TRADED F	JMST	$296.8K	5,870	0.02%	flat	3q	HELD
SCHWAB STRATEGIC TR	SCHX	$294.1K	9,802	0.02%	flat	10q	HELD
ISHARES TR	IBHH	$294.0K	12,710	0.02%	flat	3q	+8.6%+$23.4K
SERVICENOW INC	NOW	$291.5K	2,175	0.02%	-0.01pp	12q	-51.2%-$306.2K
INVESCO EXCHANGE TRADED FD T	RFG	$285.6K	4,830	0.01%	flat	11q	HELD
QUALCOMM INC	QCOM	$281.8K	1,531	0.01%	flat	5q	-9.7%-$30.2K
IRON MTN INC DEL	IRM	$281.1K	2,534	0.01%	flat	11q	HELD
L3HARRIS TECHNOLOGIES INC	LHX	$269.7K	1,139	0.01%	flat	7q	HELD
ISHARES TR	SCZ	$267.6K	3,170	0.01%	flat	4q	HELD
CSX CORP	CSX	$263.4K	5,664	0.01%	flat	4q	HELD
VIPER ENERGY INC	VNOM	$262.9K	6,590	0.01%	flat	5q	-9.7%-$28.3K
SPDR SERIES TRUST	KIE	$260.9K	4,460	0.01%	flat	16q	HELD
JOHNSON CONTROLS INTERNATION	JCI	$260.9K	1,755	0.01%	flat	4q	HELD
INVESCO EXCHANGE TRADED FD T	RSPH	$259.1K	7,000	0.01%	flat	4q	HELD
ISHARES TR	IJT	$256.5K	1,600	0.01%	flat	6q	HELD
AT&T INC	T	$251.1K	10,292	0.01%	flat	4q	-18.3%-$56.1K
DELL TECHNOLOGIES INC	DELL	$248.0K	461	0.01%	-	new	NEW
DTE ENERGY CO	DTE	$245.4K	2,015	0.01%	flat	6q	+1.3%+$3.0K
HARTFORD INSURANCE GROUP INC	HIG	$244.7K	2,000	0.01%	flat	11q	HELD
GOLDMAN SACHS ETF TR	GSIE	$241.6K	5,270	0.01%	flat	4q	HELD
ISHARES TR	IVE	$240.6K	1,054	0.01%	flat	11q	HELD
ISHARES TR	IBMR	$240.4K	9,720	0.01%	flat	8q	HELD
ISHARES TR	IBMQ	$238.8K	9,500	0.01%	flat	8q	HELD
ISHARES TR	IBMS	$237.2K	9,490	0.01%	flat	8q	HELD
JOHN HANCOCK EXCHANGE TRADED	JHML	$234.4K	2,630	0.01%	flat	4q	HELD
CRESCENT ENERGY COMPANY	CRGY	$234.0K	18,157	0.01%	flat	4q	+19.0%+$37.4K
FREEPORT-MCMORAN INC	FCX	$233.0K	3,329	0.01%	-	new	NEW
VANGUARD WORLD FD	VDE	$232.4K	1,350	0.01%	flat	3q	HELD
CHARLES SCHWAB CORP (THE)	SCHW	$232.2K	2,376	0.01%	flat	6q	HELD
TORTOISE CAPITAL SERIES TRUS	TPYP	$222.0K	5,570	0.01%	flat	3q	HELD
3M CO	MMM	$221.6K	1,350	0.01%	flat	4q	-5.5%-$12.8K
INVESCO EXCH TRD SLF IDX FD	BSCW	$221.3K	11,300	0.01%	flat	3q	+2.0%+$4.3K
METLIFE INC	MET	$220.1K	2,338	0.01%	-	new	NEW
VALMONT INDS INC	VMI	$219.9K	475	0.01%	flat	2q	HELD
ISHARES TR	IXJ	$217.5K	2,130	0.01%	flat	2q	HELD
ISHARES TR	IBHL	$214.1K	8,750	0.01%	-	new	NEW
O'REILLY AUTOMOTIVE INC	ORLY	$212.7K	2,490	0.01%	flat	7q	HELD
INTERACTIVE BROKERS GROUP IN	IBKR	$211.5K	2,476	0.01%	-	new	NEW
EATON CORP PLC	ETN	$209.3K	487	0.01%	-	new	NEW
ARK ETF TR	ARKK	$208.9K	2,345	0.01%	-	new	NEW
PROSHARES TR	NOBL	$208.8K	3,860	0.01%	flat	4q	HELD
TARGET CORP	TGT	$202.3K	1,291	0.01%	-	new	NEW
FORD MTR CO	F	$122.9K	10,188	0.01%	flat	2q	-29.7%-$51.9K
UNITED STATES ANTIMONY CORP	UAMY	$101.3K	24,300	0.01%	flat	15q	HELD

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
Semiconductors & Electronics	$278.6M	14.4%
Insurance	$156.7M	8.1%
Software & IT Services	$146.0M	7.5%
Retail & Consumer	$135.4M	7.0%
Industrials	$133.3M	6.9%
Energy	$125.9M	6.5%
Business Services	$76.2M	3.9%
Computer Hardware	$68.0M	3.5%
Capital Markets	$51.5M	2.7%
Autos & Aerospace	$45.8M	2.4%
Funds & ETFs	$36.9M	1.9%
Wholesale & Distribution	$35.1M	1.8%
Other sectors	$194.5M	10.0%
Not classified	$456.7M	23.5%

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	+11.0%	+14.8%	-3.8%	100%
Q1 2026	-1.9%	-4.6%	+2.7%	100%
Q4 2025	+1.9%	+2.4%	-0.5%	100%
Q3 2025	+5.6%	+7.8%	-2.2%	100%
Q2 2025	+7.7%	+10.5%	-2.7%	100%
Q1 2025	-1.6%	-4.6%	+2.9%	100%
Q4 2024	+1.0%	+2.1%	-1.1%	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	$1.9B	314	18	88	77	15	30.9%	26
Q2 2026	$1.9B	311	10	140	60	7	31.8%	16
Q1 2026	$1.7B	308	30	113	103	38	30.1%	20
Q4 2025	$1.7B	316	38	101	65	5	31.2%	29
Q3 2025	$1.7B	283	17	78	73	19	30.6%	20
Q2 2025	$1.6B	285	14	90	94	10	30.1%	21
Q1 2025	$1.5B	281	30	118	56	11	30.6%	22
Q4 2024	$1.5B	262	17	87	49	18	30.8%	17
Q3 2024	$1.5B	263	12	74	68	8	29.9%	22
Q2 2024	$1.4B	259	11	92	47	6	30.8%	23
Q1 2024	$1.3B	254	22	129	51	15	30.4%	24
Q4 2023	$1.1B	247	35	99	59	6	29.7%	26
Q3 2023	$983.8M	218	17	106	35	11	29.6%	25
Q2 2023	$972.4M	212	12	47	73	9	29.8%	53
Q1 2023	$884.0M	209	10	56	55	14	29.5%	20
Q4 2022	$863.8M	213	14	61	52	19	28.5%	13
Q3 2022	$800.9M	218	12	77	45	5	27.9%	24
Q2 2022	$787.8M	211	6	59	71	45	28.3%	20
Q1 2022	$970.4M	250	16	111	50	16	28.6%	25
Q4 2021	$953.4M	250	39	110	38	8	27.9%	24
Q3 2021	$842.6M	219	7	80	56	11	27.3%	19
Q2 2021	$842.7M	223	11	86	20	6	27.0%	20
Q1 2021	$754.0M	218	20	120	28	10	27.1%	40
Q4 2020	$692.7M	208	13	68	81	5	28.0%	27
Q3 2020	$615.8M	200	16	97	37	10	28.2%	27
Q2 2020	$540.8M	194	25	75	42	17	27.7%	15
Q1 2020	$448.8M	186	8	72	73	52	29.3%	24
Q4 2019	$592.2M	230	35	118	25	6	28.3%	23
Q3 2019	$511.1M	201	13	103	27	9	29.2%	22
Q2 2019	$491.6M	197	5	89	29	12	28.2%	29
Q1 2019	$472.1M	204	30	97	31	6	26.4%	30
Q4 2018	$396.4M	180	0	0	0	0	28.5%	31

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.