DaveManuel.com · Institutional Ownership · 13F Holdings

Gerber Kawasaki Wealth & Investment Management

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

CIK

1666736

Reported value

$3.9B

Positions

403

Top 10 weight

43.4%

Filed

2026-10-29

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
INVESCO EXCH TRADED FD TR II	QQQM	$322.4M	1,058,223	8.20%	+0.09pp	23q	+5.5%+$16.9M
SPDR SERIES TRUST	SPYG	$230.5M	1,873,024	5.87%	+0.18pp	19q	+4.7%+$10.3M
NVIDIA CORPORATION	NVDA	$192.2M	841,385	4.89%	+0.41pp	32q	HELD
SPDR SERIES TRUST	SPYV	$172.4M	2,819,507	4.39%	+0.01pp	24q	+4.7%+$7.7M
ISHARES TR	IXUS	$168.7M	1,775,638	4.29%	+0.01pp	12q	+5.7%+$9.1M
APPLE INC	AAPL	$149.8M	449,724	3.81%	+0.60pp	32q	+8.3%+$11.5M
ISHARES TR	AGG	$137.1M	1,450,668	3.49%	-0.20pp	17q	+4.0%+$5.3M
SELECT SECTOR SPDR TR	XLK	$132.1M	675,043	3.36%	+0.01pp	32q	+2.5%+$3.3M
TESLA INC	TSLA	$101.8M	286,898	2.59%	-0.55pp	32q	+2.5%+$2.4M
ALPHABET INC	GOOG	$97.7M	286,783	2.49%	-0.15pp	32q	+2.7%+$2.6M
SELECT SECTOR SPDR TR	XLF	$92.1M	1,723,793	2.34%	-0.01pp	32q	+4.9%+$4.3M
MICROSOFT CORP	MSFT	$82.5M	160,859	2.10%	+0.51pp	32q	HELD
SELECT SECTOR SPDR TR	XLY	$73.7M	676,708	1.87%	-0.14pp	32q	+5.0%+$3.5M
SELECT SECTOR SPDR TR	XLV	$72.9M	432,816	1.85%	+0.08pp	31q	+3.6%+$2.5M
ISHARES TR	SOXX	$65.1M	114,419	1.66%	-0.25pp	24q	+2.9%+$1.8M
SPDR SERIES TRUST	LGLV	$64.4M	369,406	1.64%	-0.03pp	24q	+7.1%+$4.3M
SCHWAB STRATEGIC TR	SCHD	$55.0M	1,691,363	1.40%	-0.04pp	24q	HELD
AMAZON COM INC	AMZN	$53.9M	216,367	1.37%	+0.04pp	32q	+3.4%+$1.8M
ISHARES TR	USHY	$52.6M	1,473,716	1.34%	-0.02pp	11q	+7.0%+$3.4M
SPDR SERIES TRUST	SPBO	$49.3M	1,793,161	1.25%	-0.07pp	21q	+5.3%+$2.5M
SPDR SERIES TRUST	SPTS	$49.1M	1,710,952	1.25%	+0.01pp	24q	+7.0%+$3.2M
INVESCO EXCH TRADED FD TR II	PWZ	$48.3M	2,166,151	1.23%	-0.14pp	21q	+3.5%+$1.6M
MICRON TECHNOLOGY INC	MU	$47.7M	44,827	1.22%	-0.11pp	4q	+4.1%+$1.9M
ISHARES TR	SMMD	$47.5M	555,455	1.21%	-0.06pp	6q	+7.0%+$3.1M
CAPITAL GROUP DIVIDEND VALUE	CGDV	$44.3M	906,732	1.13%	-0.07pp	18q	HELD
META PLATFORMS INC	META	$42.6M	58,680	1.08%	+0.27pp	32q	+9.0%+$3.5M
SELECT SECTOR SPDR TR	XLP	$42.3M	525,334	1.08%	-0.01pp	18q	+7.4%+$2.9M
CAPITAL GROUP GROWTH ETF	CGGR	$39.2M	826,571	1.00%	-0.04pp	18q	+0.7%+$263.5K
SELECT SECTOR SPDR TR	XLC	$38.2M	344,002	0.97%	+0.03pp	27q	+4.3%+$1.6M
J P MORGAN EXCHANGE TRADED F	JPST	$37.4M	742,812	0.95%	+0.08pp	28q	+15.5%+$5.0M
SPDR SERIES TRUST	SPMD	$35.4M	561,937	0.90%	-0.04pp	23q	+7.5%+$2.5M
SPDR SERIES TRUST	XAR	$29.7M	128,369	0.76%	-0.18pp	23q	+4.2%+$1.2M
NETFLIX INC.	NFLX	$29.4M	421,955	0.75%	-0.02pp	32q	+4.2%+$1.2M
ISHARES TR	IVV	$29.1M	38,051	0.74%	-0.04pp	24q	-3.2%-$964.2K
ADVISORSHARES GERBER KAWASAKI ETF	GK	$28.3M	975,987	0.72%	-0.05pp	16q	+1.0%+$266.4K
SELECT SECTOR SPDR TR	XLI	$27.2M	162,990	0.69%	-0.08pp	23q	+4.6%+$1.2M
SPDR SERIES TRUST	SHM	$25.2M	540,742	0.64%	-0.01pp	22q	+6.5%+$1.5M
SELECT SECTOR SPDR TR	XLRE	$24.3M	593,840	0.62%	-0.04pp	21q	+6.3%+$1.4M
CAPITAL GROUP INTERNATIONAL	CGIC	$24.0M	666,545	0.61%	-0.01pp	6q	+5.0%+$1.1M
AXON ENTERPRISE INC	AXON	$23.9M	56,490	0.61%	-0.24pp	25q	HELD
SHOPIFY INC	SHOP	$23.2M	156,521	0.59%	+0.12pp	32q	HELD
ISHARES INC	URTH	$22.5M	109,099	0.57%	flat	16q	+2.3%+$495.4K
ELI LILLY & CO	LLY	$22.2M	19,169	0.56%	+0.02pp	23q	+12.6%+$2.5M
INVESCO QQQ TR	QQQ	$21.4M	28,957	0.55%	-0.04pp	24q	-2.7%-$591.1K
BROADCOM INC	AVGO	$20.6M	58,660	0.52%	-0.05pp	25q	+2.3%+$467.8K
GE VERNOVA INC	GEV	$20.6M	21,643	0.52%	-0.15pp	8q	+1.3%+$257.6K
ALPHABET INC	GOOGL	$20.2M	58,795	0.51%	-0.03pp	32q	+2.1%+$411.2K
STATE STR SPDR S&P 500 ETF T	SPY	$19.8M	26,022	0.51%	flat	32q	+2.6%+$504.9K
INVESCO EXCHANGE TRADED FD T	XMHQ	$18.5M	165,549	0.47%	-0.02pp	14q	+2.8%+$496.6K
SPDR INDEX SHS FDS	CWI	$17.9M	444,082	0.46%	-0.03pp	20q	HELD
INVESCO EXCH TRADED FD TR II	PZA	$17.7M	826,071	0.45%	-0.06pp	18q	+2.2%+$383.5K
GLOBAL X FDS	PAVE	$14.2M	271,105	0.36%	-0.07pp	22q	-1.1%-$152.5K
BERKSHIRE HATHAWAY INC DEL	BRKB	$13.0M	26,064	0.33%	-0.01pp	32q	+3.0%+$382.9K
GLOBAL X FDS	CLIP	$11.9M	118,605	0.30%	+0.03pp	10q	+17.1%+$1.7M
ISHARES TR	IWF	$11.1M	88,255	0.28%	-0.01pp	16q	-1.0%-$112.0K
VANGUARD INDEX FDS	VTI	$11.0M	29,291	0.28%	flat	24q	+3.0%+$320.0K
VANGUARD INDEX FDS	VOO	$10.9M	15,602	0.28%	flat	24q	+2.2%+$235.5K
J P MORGAN EXCHANGE TRADED F	JPSE	$10.9M	193,222	0.28%	-0.03pp	16q	+2.0%+$208.4K
AMPHENOL CORP	APH	$10.7M	127,428	0.27%	-0.01pp	4q	+4.5%+$466.5K
ISHARES TR	USMV	$10.7M	110,126	0.27%	-0.02pp	32q	-2.3%-$255.3K
CAPITAL GRP FIXED INCM ETF T	CGCB	$10.7M	427,744	0.27%	+0.26pp	4q	+2375.7%+$10.3M
ISHARES TR	SHYG	$10.6M	256,624	0.27%	+0.05pp	15q	+30.6%+$2.5M
BLOOM ENERGY CORP	BE	$10.2M	36,839	0.26%	+0.03pp	4q	+30.0%+$2.4M
CAPITAL GROUP GBL GROWTH EQT	CGGO	$9.8M	245,751	0.25%	-0.02pp	17q	+3.4%+$318.0K
CROWDSTRIKE HLDGS INC	CRWD	$9.2M	34,711	0.23%	+0.06pp	27q	+3.9%+$346.0K
TERADYNE INC	TER	$9.1M	22,700	0.23%	-0.07pp	4q	-3.6%-$342.0K
CAPITAL GROUP CORE EQUITY ET	CGUS	$8.9M	199,680	0.23%	-0.01pp	16q	+2.5%+$216.0K
ISHARES GOLD TR	IAU	$8.3M	106,589	0.21%	-0.01pp	22q	-2.6%-$226.5K
PALO ALTO NETWORKS INC	PANW	$8.2M	20,609	0.21%	+0.02pp	31q	-0.5%-$42.1K
JPMORGAN CHASE & CO	JPM	$7.9M	23,837	0.20%	flat	32q	+5.7%+$427.8K
FIRST TR EXCHNG TRADED FD VI	BUFR	$7.8M	209,010	0.20%	flat	3q	+1.9%+$148.8K
SPACE EXPLORATION TECHN CORP	SPCX	$7.6M	50,265	0.19%	+0.19pp	2q	+3085.4%+$7.3M
ASML HLDG NV	ASML	$7.5M	4,123	0.19%	-0.02pp	22q	+4.9%+$351.5K
QUANTA SVCS INC	PWR	$7.3M	11,340	0.19%	-0.02pp	4q	+5.9%+$406.7K
SPDR SERIES TRUST	SPAB	$7.3M	297,714	0.18%	-0.03pp	25q	-4.0%-$305.1K
PALANTIR TECHNOLOGIES INC	PLTR	$7.2M	38,281	0.18%	+0.06pp	21q	HELD
ADVANCED MICRO DEVICES INC	AMD	$7.1M	11,667	0.18%	+0.01pp	23q	+6.1%+$410.5K
ISHARES TR	MUB	$7.1M	70,560	0.18%	-0.04pp	24q	-8.6%-$668.9K
ISHARES TR	SGOV	$7.1M	70,425	0.18%	+0.08pp	5q	+88.4%+$3.3M
TRANE TECHNOLOGIES PLC	TT	$6.9M	15,155	0.17%	flat	13q	+13.6%+$820.8K
VICI PPTYS INC	VICI	$6.7M	291,685	0.17%	-0.07pp	18q	-12.5%-$956.7K
INVESCO EXCH TRADED FD TR II	QQQJ	$6.6M	149,502	0.17%	-0.02pp	23q	-1.0%-$68.6K
ISHARES TR	EFA	$6.5M	62,661	0.17%	-0.01pp	7q	+1.6%+$102.1K
COSTCO WHOLESALE CORPORATION	COST	$6.5M	7,098	0.16%	+0.01pp	32q	+14.8%+$834.8K
NUTANIX INC	NTNX	$6.2M	88,331	0.16%	+0.02pp	11q	-11.8%-$831.1K
SPDR SERIES TRUST	SPSM	$6.2M	116,715	0.16%	-0.03pp	14q	-2.7%-$173.5K
DISNEY WALT CO	DIS	$6.1M	57,892	0.15%	flat	32q	-6.7%-$433.6K
CAPITAL GROUP CORE BALANCED	CGBL	$6.0M	163,445	0.15%	flat	10q	+9.6%+$524.0K
ISHARES TR	CMF	$5.6M	102,884	0.14%	-0.01pp	11q	+2.9%+$159.4K
GLOBAL X FDS	AIQ	$5.4M	83,576	0.14%	-0.01pp	10q	+1.1%+$61.0K
ISHARES TR	IYF	$5.2M	41,529	0.13%	-0.01pp	24q	-1.0%-$54.4K
ISHARES TR	PFF	$5.2M	174,771	0.13%	-0.03pp	24q	-11.8%-$688.5K
HOME DEPOT INC	HD	$5.0M	17,629	0.13%	-0.06pp	32q	-9.9%-$548.2K
SPDR SERIES TRUST	SPYM	$4.9M	55,084	0.13%	flat	12q	-0.5%-$26.7K
SPDR SERIES TRUST	XHB	$4.5M	46,612	0.11%	-0.03pp	16q	+1.6%+$71.6K
TEMA ETF TRUST	VOLT	$4.2M	117,474	0.11%	-0.02pp	4q	+6.5%+$254.7K
TAIWAN SEMICONDUCTOR MANUFAC	TSM	$3.9M	8,442	0.10%	-0.01pp	11q	HELD
ISHARES TR	IHI	$3.8M	74,900	0.10%	-0.01pp	24q	-11.1%-$479.9K
BLACKSTONE INC	BX	$3.8M	34,113	0.10%	-0.01pp	29q	-2.6%-$100.8K
SNOWFLAKE INC	SNOW	$3.8M	11,162	0.10%	+0.08pp	7q	+300.2%+$2.8M
VANECK ETF TRUST	SMH	$3.5M	5,825	0.09%	-0.01pp	9q	-2.3%-$85.3K
ISHARES BITCOIN TRUST ETF	IBIT	$3.3M	70,375	0.08%	+0.02pp	11q	HELD
VISA INC	V	$3.3M	9,147	0.08%	+0.01pp	32q	+6.9%+$212.0K
GOLDMAN SACHS ETF TR	GBIL	$3.2M	32,079	0.08%	flat	8q	+1.8%+$58.3K
AMGEN INC	AMGN	$3.2M	7,495	0.08%	+0.01pp	32q	+1.8%+$56.1K
PROLOGIS INC.	PLD	$3.1M	23,617	0.08%	-0.01pp	32q	-2.7%-$84.3K
SPDR GOLD TR	GLD	$3.0M	7,873	0.08%	-0.01pp	27q	-5.9%-$188.1K
MARVELL TECHNOLOGY INC	MRVL	$3.0M	11,312	0.08%	-0.01pp	5q	+4.1%+$118.1K
ISHARES TR	ITA	$3.0M	14,376	0.08%	-0.02pp	24q	+0.9%+$28.0K
KRATOS DEFENSE & SEC SOLUTIO	KTOS	$2.9M	69,093	0.08%	-0.01pp	8q	+2.7%+$78.8K
INVESCO EXCHANGE TRADED FD T	PBE	$2.9M	30,108	0.07%	flat	32q	-4.9%-$151.6K
ISHARES TR	IWM	$2.8M	10,143	0.07%	-0.01pp	24q	+1.4%+$39.2K
ISHARES TR	ITB	$2.8M	32,351	0.07%	-0.02pp	24q	-6.1%-$182.7K
SALESFORCE INC	CRM	$2.8M	12,214	0.07%	+0.02pp	24q	HELD
WALMART INC	WMT	$2.6M	25,065	0.07%	-0.06pp	25q	-39.2%-$1.7M
FIDELITY WISE ORIGIN BITCOIN	FBTC	$2.6M	35,604	0.07%	-	new	NEW
ARISTA NETWORKS INC	ANET	$2.6M	12,646	0.07%	+0.01pp	8q	+3.5%+$88.2K
FIRSTCASH HOLDINGS INC	FCFS	$2.6M	12,137	0.07%	-0.01pp	3q	-4.3%-$116.4K
ISHARES TR	FLOT	$2.5M	49,554	0.06%	+0.02pp	15q	+66.5%+$1.0M
SPDR SERIES TRUST	XSD	$2.5M	4,723	0.06%	-0.02pp	23q	-2.5%-$64.6K
NEXTERA ENERGY INC	NEE	$2.4M	31,845	0.06%	-0.01pp	32q	+4.3%+$99.7K
VANGUARD SPECIALIZED FUNDS	VIG	$2.4M	10,227	0.06%	-0.01pp	24q	-3.2%-$77.7K
EXXONMOBIL HOLDINGS CORP	XOM	$2.3M	14,037	0.06%	-	new	NEW
DELL TECHNOLOGIES INC	DELL	$2.3M	4,185	0.06%	+0.01pp	10q	-1.0%-$22.1K
INVESCO EXCHANGE TRADED FD T	RSP	$2.2M	10,437	0.06%	-0.01pp	32q	-2.0%-$43.3K
VANGUARD INDEX FDS	VUG	$2.2M	23,894	0.05%	flat	24q	+2.2%+$45.3K
SPDR SERIES TRUST	IBND	$2.1M	70,713	0.05%	-0.01pp	6q	-3.6%-$78.2K
NORTHROP GRUMMAN CORP	NOC	$2.1M	4,359	0.05%	-0.01pp	32q	+0.6%+$13.5K
QUEST DIAGNOSTICS INC	DGX	$2.1M	9,029	0.05%	+0.02pp	3q	+60.5%+$793.4K
LPL FINL HLDGS INC	LPLA	$2.1M	6,856	0.05%	-0.01pp	18q	-11.8%-$279.2K
FIRST TR EXCHNG TRADED FD VI	DFEB	$2.1M	40,255	0.05%	flat	3q	HELD
ISHARES TR	IBB	$2.0M	9,675	0.05%	flat	24q	-2.6%-$54.7K
UBER TECHNOLOGIES INC	UBER	$2.0M	29,725	0.05%	-0.01pp	24q	-11.2%-$257.6K
VANGUARD WORLD FD	VGT	$2.0M	16,196	0.05%	flat	15q	+5.3%+$101.7K
DIGITAL RLTY TR INC	DLR	$2.0M	11,446	0.05%	-0.01pp	26q	-4.0%-$84.3K
VANGUARD INDEX FDS	VTV	$1.9M	8,931	0.05%	flat	24q	+2.9%+$54.2K
VALUED ADVISERS TR	MPIA	$1.9M	73,984	0.05%	-	new	NEW
ISHARES TR	ITOT	$1.9M	11,397	0.05%	flat	11q	+7.6%+$134.4K
VANGUARD TAX-MANAGED FDS	VEA	$1.9M	26,461	0.05%	flat	16q	+6.7%+$116.9K
FIRST TR EXCHNG TRADED FD VI	FSEP	$1.8M	31,596	0.05%	flat	11q	-0.9%-$15.8K
SPDR INDEX SHS FDS	SPGM	$1.8M	20,588	0.05%	-0.01pp	21q	-9.1%-$178.8K
RTX CORPORATION	RTX	$1.8M	9,501	0.04%	flat	23q	+17.0%+$256.0K
VANGUARD INTL EQUITY INDEX F	VEU	$1.7M	20,809	0.04%	+0.03pp	2q	+172.7%+$1.1M
SPDR SERIES TRUST	SPIP	$1.7M	70,227	0.04%	flat	23q	+2.8%+$46.6K
STERLING INFRASTRUCTURE INC	STRL	$1.7M	3,473	0.04%	+0.02pp	3q	+176.7%+$1.1M
JOHNSON & JOHNSON	JNJ	$1.7M	6,438	0.04%	+0.01pp	32q	+15.8%+$232.7K
CATERPILLAR INC	CAT	$1.7M	2,072	0.04%	-	new	NEW
SPDR SERIES TRUST	EFIV	$1.6M	22,228	0.04%	flat	4q	+7.9%+$120.4K
ISHARES TR	SUSA	$1.6M	10,549	0.04%	+0.03pp	24q	+457.3%+$1.3M
ISHARES TR	ESGU	$1.6M	9,801	0.04%	flat	16q	+5.7%+$87.7K
QUALCOMM INC	QCOM	$1.6M	8,759	0.04%	+0.01pp	32q	+31.1%+$382.7K
AMERICAN EXPRESS CO	AXP	$1.6M	5,138	0.04%	flat	21q	+13.3%+$183.7K
CHEVRON CORPORATION	CVX	$1.5M	7,395	0.04%	+0.01pp	23q	+8.5%+$118.0K
ISHARES TR	IJR	$1.4M	10,615	0.04%	flat	24q	+3.4%+$47.8K
ABBVIE INC	ABBV	$1.4M	5,492	0.04%	flat	23q	+16.7%+$205.6K
GE AEROSPACE	GE	$1.4M	4,586	0.04%	flat	11q	+11.8%+$151.2K
SPDR SERIES TRUST	JNK	$1.4M	15,400	0.04%	-0.01pp	18q	-11.6%-$187.4K
ISHARES INC	IEMG	$1.4M	17,229	0.04%	flat	32q	+18.4%+$216.9K
COCA COLA CO	KO	$1.4M	16,204	0.04%	+0.01pp	22q	+16.0%+$192.4K
ISHARES TR	TIP	$1.4M	13,024	0.03%	flat	6q	HELD
ISHARES TR	IVW	$1.3M	9,486	0.03%	flat	7q	-3.6%-$51.1K
CAPITAL GROUP DIVIDEND GROWE	CGDG	$1.3M	36,182	0.03%	flat	6q	HELD
APPLIED MATLS INC	AMAT	$1.3M	2,618	0.03%	-0.01pp	6q	+11.7%+$140.6K
VALUED ADVISERS TR	MPDY	$1.3M	53,562	0.03%	-	new	NEW
SPDR SERIES TRUST	XBI	$1.3M	7,999	0.03%	flat	27q	-4.8%-$64.2K
LOCKHEED MARTIN CORP	LMT	$1.2M	2,350	0.03%	flat	32q	+2.5%+$29.0K
MACYS INC	M	$1.2M	51,367	0.03%	flat	3q	+2.4%+$26.9K
INTUITIVE SURGICAL INC	ISRG	$1.1M	2,807	0.03%	flat	2q	+6.4%+$69.1K
PROCTER & GAMBLE CO	PG	$1.1M	7,800	0.03%	flat	32q	+13.3%+$132.9K
VANGUARD WORLD FD	VDC	$1.1M	5,192	0.03%	-0.01pp	32q	-20.8%-$297.0K
CRISPR THERAPEUTICS AG	CRSP	$1.1M	20,442	0.03%	flat	3q	HELD
CLOUDFLARE INC	NET	$1.1M	3,253	0.03%	+0.01pp	12q	+17.1%+$165.3K
SCHWAB STRATEGIC TR	SCHB	$1.1M	38,237	0.03%	flat	14q	-1.1%-$12.9K
MGM RESORTS INTERNATIONAL	MGM	$1.1M	35,773	0.03%	-0.02pp	27q	-13.7%-$176.2K
ORACLE CORP	ORCL	$1.1M	8,015	0.03%	-0.01pp	32q	-11.1%-$136.8K
CISCO SYS INC	CSCO	$1.1M	10,200	0.03%	flat	23q	+26.9%+$232.8K
ISHARES TR	IEF	$1.1M	12,153	0.03%	-0.01pp	11q	-17.9%-$235.9K
VANGUARD STAR FDS	VXUS	$1.1M	12,743	0.03%	flat	12q	-10.4%-$125.6K
DEERE CO	DE	$1.0M	1,539	0.03%	flat	23q	-13.5%-$161.9K
ISHARES TR	LQD	$1.0M	10,109	0.03%	flat	4q	-1.7%-$18.2K
SELECT SECTOR SPDR TR	XLU	$1.0M	26,043	0.03%	-0.01pp	11q	-8.3%-$92.6K
ISHARES TR	IGV	$993.2K	9,327	0.03%	+0.01pp	24q	+16.9%+$143.2K
ISHARES TR	IWD	$983.7K	3,967	0.03%	flat	11q	+16.2%+$136.9K
SCHWAB STRATEGIC TR	SCHG	$976.8K	27,186	0.02%	flat	21q	+4.9%+$45.6K
INTEL CORP	INTC	$975.1K	8,110	0.02%	flat	2q	+38.2%+$269.3K
RIVIAN AUTOMOTIVE INC	RIVN	$971.4K	65,019	0.02%	-0.01pp	7q	HELD
BANK OF AMER CORP	BAC	$958.3K	17,605	0.02%	flat	23q	+15.8%+$130.7K
MERCK & CO INC	MRK	$923.3K	6,353	0.02%	flat	28q	+11.5%+$95.5K
STEEL DYNAMICS INC	STLD	$920.6K	4,154	0.02%	flat	16q	-1.9%-$18.2K
EVERPURE INC	P	$918.2K	7,021	0.02%	+0.01pp	14q	+7.6%+$64.5K
INTERNATIONAL BUSINESS MACHS	IBM	$899.6K	4,090	0.02%	flat	9q	+18.1%+$138.1K
UMB FINL CORP	UMBF	$860.7K	6,620	0.02%	flat	5q	HELD
RYAN SPECIALTY HOLDINGS INC	RYAN	$853.8K	23,077	0.02%	-	new	NEW
ISHARES TR	ESGD	$833.3K	8,086	0.02%	flat	4q	+8.3%+$63.7K
THERMO FISHER SCIENTIFIC INC	TMO	$826.0K	1,223	0.02%	+0.01pp	27q	+13.9%+$100.6K
ISHARES TR	IWB	$813.2K	1,954	0.02%	flat	11q	-1.2%-$9.6K
SAMSARA INC	IOT	$811.3K	21,278	0.02%	flat	13q	+5.9%+$45.2K
IRON MTN INC DEL	IRM	$806.1K	7,265	0.02%	flat	22q	+9.0%+$66.7K
MASTERCARD INCORPORATED	MA	$803.3K	1,456	0.02%	flat	13q	+16.8%+$115.3K
INVESCO ACTIVELY MANAGED EXC	GTO	$796.9K	17,870	0.02%	-	new	NEW
ISHARES TR	IUSB	$793.2K	17,991	0.02%	+0.01pp	2q	+89.8%+$375.3K
VANGUARD INDEX FDS	VB	$792.5K	2,785	0.02%	flat	17q	+17.2%+$116.4K
ISHARES TR	IYW	$784.7K	2,962	0.02%	flat	6q	-0.7%-$5.6K
ISHARES TR	TLT	$779.1K	10,016	0.02%	-0.02pp	16q	-35.6%-$430.2K
ISHARES TR	IEFA	$775.6K	8,006	0.02%	flat	9q	-5.7%-$46.5K
SCHWAB STRATEGIC TR	SCHF	$774.8K	28,206	0.02%	flat	9q	-5.4%-$44.2K
ISHARES TR	IJH	$739.4K	10,277	0.02%	flat	24q	+4.1%+$29.2K
GLOBAL X FDS	PFFD	$738.0K	41,934	0.02%	-0.01pp	17q	-12.1%-$101.6K
INVESCO EXCHANGE TRADED FD T	RSPR	$734.0K	22,079	0.02%	-0.01pp	13q	-9.4%-$76.2K
STARBUCKS CORP	SBUX	$719.1K	7,653	0.02%	flat	32q	+18.3%+$111.2K
AMERICAN CENTY ETF TR	TAXF	$716.6K	15,122	0.02%	flat	12q	+6.9%+$46.5K
ISHARES TR	EVUS	$698.7K	19,268	0.02%	flat	4q	+8.8%+$56.2K
ADOBE INC	ADBE	$692.0K	2,884	0.02%	+0.01pp	32q	+47.7%+$223.6K
REPUBLIC SVCS INC	RSG	$677.1K	3,226	0.02%	+0.01pp	7q	+143.3%+$398.8K
GOLDMAN SACHS GROUP INC	GS	$670.6K	744	0.02%	flat	9q	+15.9%+$91.9K
ISHARES TR	IDU	$669.5K	6,638	0.02%	flat	12q	-4.6%-$32.5K
VANGUARD INTL EQUITY INDEX F	VWO	$656.8K	11,074	0.02%	flat	9q	HELD
FIRST TR EXCHNG TRADED FD VI	FAUG	$653.3K	11,340	0.02%	flat	13q	HELD
INVESCO EXCHANGE TRADED FD T	PPA	$648.0K	4,190	0.02%	flat	10q	-0.9%-$6.0K
ISHARES TR	NYF	$645.7K	12,781	0.02%	-	new	NEW
UNITED RENTALS INC	URI	$639.9K	639	0.02%	flat	16q	HELD
TEXAS INSTRS INC	TXN	$633.9K	2,263	0.02%	flat	31q	+16.8%+$91.3K
AIRBNB INC	ABNB	$629.9K	3,921	0.02%	flat	4q	-7.4%-$50.1K
GENIUS SPORTS LIMITED	GENI	$622.3K	108,599	0.02%	flat	8q	+17.2%+$91.3K
ECOLAB INC	ECL	$614.8K	2,239	0.02%	flat	2q	-15.5%-$112.9K
SERVICETITAN INC	TTAN	$613.4K	9,323	0.02%	flat	3q	HELD
LIVE NATION ENTERTAINMENT IN	LYV	$611.3K	3,611	0.02%	-	new	NEW
nan	MELI	$606.7K	351	0.02%	flat	9q	-6.4%-$41.5K
SCHWAB STRATEGIC TR	SCHX	$599.7K	19,989	0.02%	flat	12q	+3.6%+$20.9K
DATADOG INC	DDOG	$596.7K	2,179	0.02%	flat	2q	HELD
ARM HOLDINGS PLC	ARM	$595.3K	2,055	0.02%	-0.01pp	6q	-22.6%-$174.1K
PFIZER INC	PFE	$594.9K	20,859	0.02%	flat	32q	+6.6%+$36.6K
NUVEEN CALIFORNIA MUNI VLU F	NCA	$594.5K	70,022	0.02%	flat	5q	+6.1%+$34.0K
TAKE-TWO INTERACTIVE SOFTWAR	TTWO	$592.0K	2,853	0.02%	+0.01pp	6q	+96.2%+$290.3K
SPOTIFY TECHNOLOGY S A	SPOT	$588.8K	1,208	0.01%	flat	4q	+25.8%+$120.9K
VANGUARD WHITEHALL FDS	VYM	$560.3K	3,610	0.01%	flat	12q	+1.4%+$7.9K
NEBIUS GROUP N.V.	NBIS	$556.5K	2,359	0.01%	-0.01pp	2q	-9.6%-$59.2K
CAPITAL GRP FIXED INCM ETF T	CGCP	$551.8K	26,065	0.01%	flat	11q	+1.1%+$5.8K
WELLS FARGO & CO	WFC	$549.7K	6,866	0.01%	flat	4q	+23.7%+$105.4K
NATERA INC	NTRA	$545.2K	1,319	0.01%	-0.01pp	2q	-54.1%-$641.5K
ISHARES INC	EWY	$544.3K	2,978	0.01%	-0.01pp	3q	-27.4%-$205.6K
ISHARES TR	IVE	$542.7K	2,377	0.01%	flat	14q	+1.9%+$10.0K
VANGUARD INDEX FDS	VO	$538.9K	6,871	0.01%	flat	16q	+3.5%+$18.1K
NUSHARES ETF TR	NUBD	$538.0K	25,415	0.01%	flat	10q	+5.2%+$26.4K
VANGUARD INDEX FDS	VV	$526.2K	1,495	0.01%	flat	6q	+23.5%+$100.0K
DIMENSIONAL ETF TRUST	DFIV	$523.5K	9,372	0.01%	flat	12q	HELD
PHILIP MORRIS INTL INC	PM	$521.6K	2,733	0.01%	flat	3q	+27.1%+$111.3K
REDDIT INC	RDDT	$507.1K	3,560	0.01%	flat	3q	+5.7%+$27.3K
UNITEDHEALTH GROUP INC	UNH	$501.7K	1,366	0.01%	flat	2q	+44.9%+$155.4K
MCDONALDS CORP	MCD	$489.2K	2,118	0.01%	flat	14q	+25.4%+$99.1K
AB ACTIVE ETFS INC	CAM	$489.2K	20,305	0.01%	-	new	NEW
INVESCO EXCH TRADED FD TR II	QQMG	$485.1K	9,359	0.01%	flat	4q	+9.0%+$40.1K
DIMENSIONAL ETF TRUST	DFUV	$483.7K	8,794	0.01%	flat	3q	HELD
OKTA INC	OKTA	$479.9K	2,295	0.01%	flat	2q	-1.9%-$9.4K
EATON CORP PLC	ETN	$472.7K	1,099	0.01%	flat	5q	+7.4%+$32.7K
CAPITAL GRP FIXED INCM ETF T	CGMU	$470.8K	18,147	0.01%	flat	8q	HELD
J P MORGAN EXCHANGE TRADED F	JMUB	$466.9K	9,812	0.01%	-	new	NEW
SPDR SERIES TRUST	SPTM	$463.2K	5,032	0.01%	flat	14q	+1.1%+$5.1K
AT&T INC	T	$452.9K	18,561	0.01%	+0.01pp	7q	+68.7%+$184.5K
COLGATE PALMOLIVE CO	CL	$452.0K	5,298	0.01%	flat	19q	+35.6%+$118.8K
SSGA ACTIVE ETF TR	ULST	$450.5K	11,193	0.01%	-	new	NEW
GENUINE PARTS CO	GPC	$449.8K	3,577	0.01%	flat	13q	-15.2%-$80.9K
MORGAN STANLEY	MS	$449.6K	2,390	0.01%	flat	5q	+31.4%+$107.4K
INVESCO EXCH TRADED FD TR II	PZT	$449.5K	21,843	0.01%	flat	3q	+70.5%+$185.8K
DIMENSIONAL ETF TRUST	DFUS	$443.6K	5,342	0.01%	flat	12q	HELD
BANK OF NY MELLON CORP	BNY	$441.7K	3,054	0.01%	flat	4q	+21.3%+$77.5K
VANGUARD SCOTTSDALE FDS	VGIT	$441.7K	7,795	0.01%	flat	8q	HELD
BOEING CO	BA	$440.8K	2,369	0.01%	flat	7q	+6.3%+$26.1K
GENERAL DYNAMICS CORP	GD	$437.1K	1,317	0.01%	flat	21q	+29.4%+$99.2K
UNUSUAL MACHS INC	UMAC	$433.4K	17,706	0.01%	-	new	NEW
SPDR INDEX SHS FDS	SPEM	$428.8K	8,283	0.01%	flat	23q	-2.0%-$8.9K
LAM RESEARCH CORP	LRCX	$419.7K	1,277	0.01%	flat	2q	+148.0%+$250.4K
NUSHARES ETF TR	NUSC	$419.1K	8,636	0.01%	flat	21q	+4.1%+$16.6K
VANGUARD INDEX FDS	VBR	$417.5K	1,806	0.01%	flat	9q	+12.6%+$46.7K
SPDR SERIES TRUST	SDY	$415.1K	2,834	0.01%	flat	21q	HELD
VANGUARD BD INDEX FDS	BND	$413.0K	5,886	0.01%	flat	8q	+32.5%+$101.3K
CITIGROUP INC	C	$408.1K	3,151	0.01%	flat	2q	+76.8%+$177.3K
TRAVELERS COMPANIES INC	TRV	$404.0K	1,133	0.01%	flat	7q	+15.8%+$55.3K
VANGUARD WORLD FD	VHT	$400.7K	1,267	0.01%	flat	11q	HELD
FORD MTR CO	F	$399.7K	33,144	0.01%	flat	5q	HELD
WARNER BROS DISCOVERY INC	WBD	$395.1K	12,767	0.01%	flat	2q	+18.7%+$62.3K
WORLD GOLD TR	GLDM	$388.8K	4,731	0.01%	flat	5q	-4.3%-$17.5K
SPDR INDEX SHS FDS	SPDW	$385.2K	7,670	0.01%	flat	23q	HELD
SPDR SERIES TRUST	SPIB	$384.4K	11,909	0.01%	flat	16q	+3.1%+$11.4K
SEAGATE TECHNOLOGY HLDNGS PL	STX	$384.0K	416	0.01%	flat	2q	+15.2%+$50.8K
NUVEEN TAXABLE MUNICPAL INM	NBB	$383.8K	26,854	0.01%	flat	15q	-1.8%-$7.2K
SPDR SERIES TRUST	SPTI	$378.4K	13,871	0.01%	flat	15q	-19.3%-$90.7K
PIMCO ETF TR	MINT	$369.3K	3,673	0.01%	-	new	NEW
ISHARES TR	QUAL	$369.0K	1,660	0.01%	flat	11q	HELD
PUTNAM ETF TRUST	FTCA	$368.3K	53,773	0.01%	-	new	NEW
NUVEEN CA DIVI ADV MUN	NAC	$367.6K	35,860	0.01%	flat	6q	HELD
VANGUARD MUN BD FDS	VTEB	$366.0K	7,727	0.01%	flat	4q	-7.6%-$30.3K
ROBLOX CORP	RBLX	$365.9K	8,635	0.01%	-	new	NEW
KLA CORP	KLAC	$365.8K	1,876	0.01%	flat	2q	+28.1%+$80.3K
VERIZON COMMUNICATIONS INC	VZ	$364.9K	7,954	0.01%	flat	32q	+5.7%+$19.6K
VANGUARD INDEX FDS	VOE	$359.4K	1,838	0.01%	flat	2q	+48.6%+$117.5K
CONOCOPHILLIPS	COP	$356.1K	2,845	0.01%	flat	7q	+16.3%+$49.8K
PEPSICO INC	PEP	$349.1K	2,754	0.01%	flat	21q	+30.5%+$81.6K
ELEVANCE HEALTH INC FORMERLY	ELV	$348.3K	895	0.01%	flat	2q	+24.7%+$68.9K
VALERO ENERGY CORP	VLO	$344.5K	888	0.01%	-	new	NEW
3M CO	MMM	$343.6K	2,093	0.01%	flat	9q	+17.9%+$52.2K
CAPITAL GRP FIXED INCM ETF T	CGMS	$342.1K	13,041	0.01%	flat	9q	-21.6%-$94.0K
ISHARES TR	IWO	$341.3K	956	0.01%	flat	24q	+3.1%+$10.4K
SELECT SECTOR SPDR TR	XLE	$340.1K	5,530	0.01%	flat	4q	+6.2%+$19.7K
ALTRIA GROUP INC	MO	$332.8K	4,942	0.01%	flat	5q	+46.3%+$105.4K
FIRST TR EXCHNG TRADED FD VI	MARM	$326.7K	9,450	0.01%	flat	10q	HELD
TE CONNECTIVITY PLC	TEL	$326.0K	1,544	0.01%	flat	5q	+33.7%+$82.1K
MARRIOTT INTL INC NEW	MAR	$324.9K	913	0.01%	flat	3q	-12.1%-$44.8K
COINBASE GLOBAL INC	COIN	$324.7K	1,742	0.01%	-	new	NEW
VANGUARD INTL EQUITY INDEX F	VGK	$323.4K	3,726	0.01%	flat	6q	-2.1%-$6.9K
SCHWAB STRATEGIC TR	FNDX	$322.9K	10,260	0.01%	flat	3q	+33.9%+$81.8K
BLACKROCK INC	BLK	$316.5K	299	0.01%	flat	7q	+18.7%+$49.8K
FIRST TR EXCHNG TRADED FD VI	FAPR	$315.3K	6,589	0.01%	flat	6q	+4.2%+$12.6K
ROCKWELL AUTOMATION INC	ROK	$314.4K	722	0.01%	flat	4q	+41.6%+$92.3K
MOTOROLA SOLUTIONS INC	MSI	$312.5K	700	0.01%	flat	7q	-8.6%-$29.5K
AMERICAN CENTY ETF TR	AVUV	$310.5K	2,636	0.01%	flat	19q	+2.1%+$6.4K
ISHARES TR	SHY	$310.4K	3,823	0.01%	flat	2q	+76.6%+$134.6K
VERTIV HOLDINGS CO	VRT	$310.4K	1,286	0.01%	-0.01pp	3q	-29.8%-$132.0K
ISHARES SILVER TR	SLV	$309.9K	5,686	0.01%	flat	5q	-3.6%-$11.5K
AMERICAN CENTY ETF TR	AVUS	$309.8K	2,419	0.01%	flat	10q	HELD
ROYAL CARIBBEAN GROUP	RCL	$302.9K	1,139	0.01%	flat	2q	-3.9%-$12.2K
ISHARES TR	DVY	$302.7K	1,990	0.01%	flat	10q	HELD
CORNING INC	GLW	$301.4K	1,959	0.01%	-0.01pp	3q	-18.6%-$68.9K
ISHARES TR	USRT	$301.0K	4,887	0.01%	flat	6q	-3.9%-$12.2K
WISDOMTREE TR	DLN	$300.5K	3,091	0.01%	flat	5q	HELD
ROBINHOOD MKTS INC	HOOD	$300.3K	2,669	0.01%	flat	2q	HELD
IDEXX LABS INC	IDXX	$298.7K	572	0.01%	flat	6q	+21.7%+$53.3K
JOHNSON CONTROLS INTERNATION	JCI	$296.2K	1,992	0.01%	flat	3q	+17.7%+$44.6K
HEWLETT PACKARD ENTERPRISE C	HPE	$294.3K	4,606	0.01%	-	new	NEW
SANDISK CORP	SNDK	$294.0K	169	0.01%	flat	2q	+59.4%+$109.6K
WASTE MGMT INC DEL	WM	$292.2K	1,433	0.01%	flat	14q	+1.9%+$5.5K
TJX COS INC NEW	TJX	$289.7K	2,189	0.01%	flat	3q	+23.7%+$55.6K
SCHWAB STRATEGIC TR	SCHA	$282.0K	8,642	0.01%	-	new	NEW
STRATEGY INC	MSTR	$281.2K	1,837	0.01%	-	new	NEW
INVESCO EXCH TRADED FD TR II	TAN	$271.7K	6,178	0.01%	flat	5q	+17.4%+$40.2K
ILLINOIS TOOL WKS INC	ITW	$269.5K	1,047	0.01%	-	new	NEW
ISHARES TR	IUSG	$268.2K	1,384	0.01%	flat	4q	-1.1%-$3.1K
MARATHON PETE CORP	MPC	$265.9K	672	0.01%	-	new	NEW
TAPESTRY INC	TPR	$262.8K	2,284	0.01%	-	new	NEW
SERVICENOW INC	NOW	$262.1K	1,956	0.01%	-	new	NEW
FIRST TR EXCHNG TRADED FD VI	FOCT	$261.6K	4,838	0.01%	flat	12q	-33.0%-$129.1K
LINDE PLC	LIN	$261.1K	550	0.01%	-	new	NEW
AMERICAN CENTY ETF TR	AVDE	$257.4K	2,856	0.01%	flat	6q	HELD
VISTRA CORP	VST	$256.1K	1,851	0.01%	flat	2q	+33.5%+$64.3K
VANGUARD INDEX FDS	VBK	$255.1K	755	0.01%	-	new	NEW
LOWES COS INC	LOW	$254.2K	1,379	0.01%	-	new	NEW
TOTALENERGIES SE	TTE	$251.7K	2,944	0.01%	flat	3q	-15.6%-$46.4K
ULTA BEAUTY INC	ULTA	$250.1K	458	0.01%	-	new	NEW
SCHWAB STRATEGIC TR	FNDF	$250.1K	4,653	0.01%	-	new	NEW
BAILLIE GIFFORD ETF TR	BGEG	$250.0K	10,789	0.01%	-	new	NEW
SPDR SERIES TRUST	SPYD	$246.9K	5,441	0.01%	flat	3q	HELD
MARSH & MCLENNAN COS INC	MRSH	$246.2K	1,441	0.01%	-	new	NEW
VANGUARD WORLD FD	MGK	$245.9K	2,654	0.01%	flat	2q	+8.9%+$20.1K
O'REILLY AUTOMOTIVE INC	ORLY	$245.0K	2,868	0.01%	-	new	NEW
CHARLES SCHWAB CORP (THE)	SCHW	$244.2K	2,498	0.01%	flat	2q	-5.8%-$15.0K
FIRST TR EXCHNG TRADED FD VI	FJAN	$240.4K	4,250	0.01%	flat	7q	HELD
AMERICAN CENTY ETF TR	AVEM	$240.0K	2,552	0.01%	flat	3q	HELD
AMEREN CORP	AEE	$239.6K	2,410	0.01%	flat	7q	-5.6%-$14.3K
CAPITAL GROUP CONSERVATIVE E	CGCV	$238.7K	7,441	0.01%	flat	3q	HELD
SOUTHERN CO	SO	$238.2K	2,874	0.01%	flat	3q	+24.8%+$47.3K
SBA COMMUNICATIONS CORP	SBAC	$235.2K	1,469	0.01%	flat	32q	+26.3%+$49.0K
NIKE INC	NKE	$235.1K	6,640	0.01%	flat	5q	+13.5%+$27.9K
ALIBABA GROUP HLDG LTD	BABA	$234.3K	2,179	0.01%	-	new	NEW
SOUTHERN COPPER CORP	SCCO	$232.5K	1,147	0.01%	-	new	NEW
ISHARES ETHEREUM TR	ETHA	$232.3K	11,545	0.01%	-	new	NEW
HUNT J B TRANS SVCS INC	JBHT	$232.1K	1,035	0.01%	flat	2q	+7.9%+$17.0K
HARTFORD INSURANCE GROUP INC	HIG	$231.5K	1,892	0.01%	flat	8q	+15.7%+$31.5K
FIRST TR EXCHANGE TRADED FD	CIBR	$230.5K	2,235	0.01%	-	new	NEW
MODERNA INC	MRNA	$225.7K	1,172	0.01%	-	new	NEW
SONY GROUP CORP	SONY	$225.4K	9,581	0.01%	-	new	NEW
MOODYS CORP	MCO	$225.3K	496	0.01%	-	new	NEW
FORTINET INC	FTNT	$224.7K	1,257	0.01%	-	new	NEW
EBAY INC.	EBAY	$223.9K	2,111	0.01%	-	new	NEW
VANGUARD CALIF TAX FREE FDS	VTEC	$221.2K	2,346	0.01%	flat	3q	HELD
FIRST TR EXCHNG TRADED FD VI	FMAY	$220.6K	3,846	0.01%	-	new	NEW
ISHARES TR	IWP	$216.0K	1,568	0.01%	flat	2q	HELD
ISHARES TR	LMUB	$214.4K	4,610	0.01%	-	new	NEW
UNION PAC CORP	UNP	$213.7K	785	0.01%	-	new	NEW
DIMENSIONAL ETF TRUST	DFAI	$211.9K	5,114	0.01%	flat	2q	HELD
ASTRAZENECA PLC	AZN	$211.6K	1,310	0.01%	-	new	NEW
OKLO INC	OKLO	$210.9K	5,698	0.01%	-0.01pp	6q	-32.7%-$102.4K
FIRST TR EXCHNG TRADED FD VI	DSEP	$210.1K	4,300	0.01%	flat	2q	HELD
FREEPORT-MCMORAN INC	FCX	$210.0K	3,000	0.01%	-	new	NEW
MEDTRONIC PLC	MDT	$208.8K	2,419	0.01%	-	new	NEW
CONSTELLATION ENERGY CORP	CEG	$208.4K	820	0.01%	-	new	NEW
TIDAL TRUST I	SPUS	$206.5K	3,468	0.01%	-	new	NEW
ANALOG DEVICES INC	ADI	$206.1K	519	0.01%	-	new	NEW
NUVEEN SELECT TAX-FREE INCOM	NXP	$202.1K	15,050	0.01%	flat	3q	HELD
VANGUARD ADMIRAL FDS INC	VOOG	$201.9K	2,361	0.01%	-	new	NEW
GILEAD SCIENCES INC	GILD	$201.8K	1,354	0.01%	-	new	NEW
J P MORGAN EXCHANGE TRADED F	JEPI	$201.3K	3,580	0.01%	-	new	NEW
BLACKROCK CORPOR HI YLD FD I	HYT	$150.5K	19,200	0.00%	flat	6q	HELD
NU HLDGS LTD	NU	$129.5K	10,231	0.00%	flat	3q	+2.3%+$2.9K
LightPath Technologies, Inc.	LPTH	$113.5K	11,005	0.00%	-	new	NEW
QUMULUSAI INC	QMLS	$111.1K	17,148	0.00%	-	new	NEW
IMMUNITYBIO INC	IBRX	$94.9K	10,051	0.00%	-	new	NEW
ARCHER AVIATION INC	ACHR	$89.9K	18,086	0.00%	-	new	NEW
NUVEEN PFD & INCOME OPPORTUN	JPC	$86.8K	12,731	0.00%	flat	7q	-6.6%-$6.1K
JOBY AVIATION INC	JOBY	$74.2K	12,266	0.00%	-	new	NEW
CYPHERPUNK TECHNOLOGIES INC	CYPH	$73.3K	22,000	0.00%	flat	3q	HELD

Showing the largest 400 of 403 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
Semiconductors & Electronics	$324.2M	8.2%
Software & IT Services	$310.8M	7.9%
Computer Hardware	$166.9M	4.2%
Autos & Aerospace	$112.2M	2.9%
Retail & Consumer	$74.2M	1.9%
Other sectors	$254.3M	6.5%
Not classified	$2.7B	68.4%

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%	99%
Q2 2026	+14.7%	+14.8%	-0.2%	99%
Q1 2026	-4.0%	-4.6%	+0.6%	99%
Q4 2025	+1.3%	+2.4%	-1.1%	99%
Q3 2025	+8.6%	+7.8%	+0.8%	99%
Q2 2025	+11.9%	+10.5%	+1.4%	99%
Q1 2025	-6.7%	-4.6%	-2.2%	99%
Q4 2024	+2.9%	+2.1%	+0.8%	99%

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	$3.9B	403	59	200	92	22	43.4%	29
Q2 2026	$3.7B	366	40	165	122	24	42.9%	38
Q1 2026	$3.1B	350	40	143	138	24	42.6%	37
Q4 2025	$2.9B	334	25	176	104	22	42.7%	44
Q3 2025	$2.9B	331	26	174	89	11	42.7%	44
Q2 2025	$2.6B	316	36	148	104	12	42.3%	45
Q1 2025	$2.2B	292	26	154	76	17	40.7%	44
Q4 2024	$2.3B	283	19	159	76	22	42.4%	45
Q3 2024	$2.2B	286	21	119	108	17	41.1%	44
Q2 2024	$2.0B	282	19	133	90	21	40.6%	44
Q1 2024	$1.9B	284	37	127	94	17	40.1%	44
Q4 2023	$1.7B	264	26	91	118	17	41.2%	44
Q3 2023	$1.5B	255	11	117	104	15	41.3%	45
Q2 2023	$1.5B	259	25	105	99	16	41.6%	41
Q1 2023	$1.3B	250	12	87	124	13	39.1%	47
Q4 2022	$1.1B	251	34	77	119	18	35.4%	39
Q3 2022	$1.1B	235	22	103	92	28	39.1%	46
Q2 2022	$1.1B	241	28	120	76	38	39.6%	35
Q1 2022	$1.2B	251	20	119	92	42	42.4%	42
Q4 2021	$1.3B	273	12	182	62	899	41.3%	42
Q3 2021	$773.6M	1,160	920	82	141	9	50.1%	46
Q2 2021	$978.8M	249	43	123	61	13	38.0%	42
Q1 2021	$831.8M	219	51	99	55	7	38.5%	37
Q4 2020	$721.8M	175	58	66	41	9	45.1%	40
Q3 2020	$468.5M	126	18	59	38	24	51.6%	33
Q2 2020	$451.6M	132	14	45	59	6	43.3%	41
Q1 2020	$352.6M	124	22	56	37	24	43.2%	35
Q4 2019	$396.9M	126	9	52	45	14	47.4%	37
Q3 2019	$348.7M	131	21	49	45	8	45.9%	38
Q2 2019	$343.8M	118	5	43	52	6	46.2%	40
Q1 2019	$336.4M	119	12	42	47	6	44.9%	37
Q4 2018	$284.5M	113	0	0	0	0	44.3%	39

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.