DaveManuel.com · Institutional Ownership · 13F Holdings

Cypress Wealth Services, LLC

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

CIK

1721527

Reported value

$847.6M

Positions

421

Top 10 weight

34.0%

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 PUT	AAPL	$55.0M	162,786	6.49%	+0.64pp	32q	HELD
SPDR SERIES TRUST	SPYM	$54.0M	588,972	6.37%	+0.60pp	23q	+10.0%+$4.9M
ISHARES TR	IVV	$48.4M	61,841	5.71%	+0.20pp	32q	+3.1%+$1.4M
BLACKROCK ETF TRUST	DYNF	$26.9M	381,713	3.17%	-0.42pp	11q	-11.3%-$3.4M
BLACKROCK ETF TRUST	CORO	$22.3M	607,504	2.63%	+0.34pp	3q	+19.1%+$3.6M
ISHARES TR	IVW	$22.0M	150,502	2.59%	+0.10pp	14q	+1.8%+$389.0K
SCHWAB STRATEGIC TR	SCHZ	$17.0M	773,764	2.01%	+0.14pp	32q	+17.4%+$2.5M
ISHARES TR	IVE	$15.4M	66,655	1.82%	-0.03pp	11q	HELD
MICROSOFT CORP	MSFT	$13.7M	25,794	1.61%	+0.44pp	32q	+0.8%+$113.8K
STATE STR SPDR S&P 500 ETF T	SPY	$13.6M	17,443	1.60%	-0.06pp	32q	-1.2%-$160.5K
NVIDIA CORPORATION PUT	NVDA	$12.0M	49,653	1.41%	+0.17pp	32q	+1.4%+$163.5K
BLACKROCK ETF TRUST	BLCR	$11.8M	234,584	1.40%	+0.36pp	3q	+39.7%+$3.4M
ISHARES TR	IUSB	$11.7M	265,040	1.38%	+0.17pp	23q	+24.7%+$2.3M
VANGUARD WORLD FD	MGK	$11.1M	116,444	1.31%	+0.04pp	32q	-1.1%-$121.3K
VANGUARD INDEX FDS	VOO	$10.5M	14,711	1.24%	-0.01pp	32q	-0.6%-$59.3K
BLACKROCK ETF TRUST	BAI	$10.4M	209,448	1.23%	-0.21pp	6q	-6.1%-$678.5K
ALPHABET INC	GOOGL	$9.7M	27,835	1.14%	-0.07pp	32q	+0.9%+$83.4K
ISHARES TR	ESGU	$9.6M	56,045	1.13%	flat	27q	HELD
ISHARES TR	IEFA	$9.1M	93,417	1.07%	+0.97pp	32q	+985.6%+$8.2M
ISHARES TR	OEF	$9.0M	23,057	1.06%	+0.02pp	20q	HELD
AMAZON COM INC	AMZN	$8.9M	34,897	1.06%	+0.05pp	32q	+1.6%+$139.9K
ISHARES TR	QUAL	$8.7M	38,468	1.03%	-0.02pp	28q	-0.8%-$68.9K
INVESCO QQQ TR CALL+PUT	QQQ	$8.2M	10,565	0.96%	flat	32q	HELD
VANGUARD TAX-MANAGED FDS	VEA	$8.1M	114,561	0.96%	-0.04pp	32q	HELD
BLACKROCK ETF TRUST	THRO	$7.9M	176,831	0.94%	+0.02pp	6q	+1.5%+$119.3K
ALPHABET INC	GOOG	$7.7M	22,299	0.91%	-0.04pp	32q	+2.5%+$188.8K
VANGUARD INDEX FDS	VO	$7.2M	89,245	0.85%	-0.03pp	32q	HELD
VANGUARD WHITEHALL FDS	VYM	$7.2M	45,567	0.85%	-0.02pp	32q	+1.8%+$125.1K
ISHARES TR	EFG	$7.0M	57,845	0.83%	-0.47pp	26q	-32.1%-$3.3M
ISHARES TR	EFV	$6.8M	85,785	0.80%	-0.02pp	23q	-1.6%-$110.5K
VANGUARD INDEX FDS	VB	$6.3M	21,762	0.75%	-0.06pp	32q	HELD
TESLA INC	TSLA	$6.3M	16,488	0.74%	-0.09pp	32q	+3.0%+$183.9K
BLOOM ENERGY CORP PUT	BE	$6.0M	16,681	0.71%	+0.10pp	8q	+0.8%+$49.5K
JPMORGAN CHASE & CO	JPM	$6.0M	18,129	0.71%	-0.02pp	32q	HELD
ISHARES TR	GOVT	$5.9M	268,278	0.69%	+0.01pp	30q	+10.1%+$535.7K
BERKSHIRE HATHAWAY INC DEL	BRKB	$5.7M	11,244	0.67%	flat	32q	+2.4%+$131.9K
SPDR INDEX SHS FDS	SPEM	$5.4M	101,983	0.64%	-0.01pp	6q	+0.7%+$35.9K
COSTCO WHOLESALE CORPORATION	COST	$5.3M	5,691	0.63%	-0.09pp	32q	-0.6%-$29.9K
VANGUARD SPECIALIZED FUNDS	VIG	$5.2M	21,911	0.61%	-0.01pp	32q	+2.0%+$104.0K
ISHARES TR	IYW	$5.1M	18,559	0.60%	+0.03pp	17q	+0.8%+$40.6K
BROADCOM INC	AVGO	$5.0M	13,390	0.59%	-0.01pp	12q	+3.1%+$150.7K
BLACKROCK ETF TRUST	IALT	$4.9M	161,572	0.57%	+0.03pp	2q	+1.8%+$85.4K
ISHARES TR	ACWX	$4.6M	59,991	0.54%	-	new	NEW
ISHARES INC	IEMG	$4.5M	55,006	0.53%	-0.31pp	15q	-33.3%-$2.3M
VANGUARD SCOTTSDALE FDS	VCIT	$4.4M	56,089	0.52%	-0.05pp	32q	HELD
META PLATFORMS INC	META	$4.2M	5,653	0.49%	+0.11pp	32q	+1.9%+$77.6K
ISHARES TR	PFF	$4.1M	138,051	0.48%	-0.04pp	32q	-1.7%-$69.6K
GLOBAL X FDS	SHLD	$4.0M	67,119	0.48%	-0.04pp	5q	-5.2%-$222.4K
ISHARES TR	IVLU	$3.5M	83,491	0.42%	-0.02pp	20q	-2.5%-$90.4K
MARRIOTT INTL INC NEW	MAR	$3.5M	9,777	0.42%	-0.03pp	14q	HELD
ISHARES TR	HYG	$3.5M	44,909	0.41%	-0.03pp	32q	HELD
CHEVRON CORPORATION	CVX	$3.3M	15,950	0.39%	+0.06pp	32q	-1.0%-$34.7K
DIMENSIONAL ETF TRUST	DFUV	$3.1M	56,001	0.37%	-0.01pp	18q	HELD
EXXONMOBIL HOLDINGS CORP	XOM	$3.1M	18,603	0.36%	-	new	NEW
CISCO SYS INC	CSCO	$2.9M	24,470	0.34%	-0.01pp	32q	+0.7%+$20.5K
BLACKROCK ETF TRUST	IDEF	$2.9M	90,823	0.34%	-0.03pp	3q	-5.2%-$158.6K
ISHARES TR	DVY	$2.8M	18,465	0.34%	-0.02pp	32q	HELD
SHOPIFY INC	SHOP	$2.8M	17,169	0.33%	+0.09pp	30q	HELD
ISHARES TR	MUB	$2.8M	27,608	0.33%	-0.03pp	30q	+1.9%+$52.8K
ISHARES GOLD TR	IAU	$2.8M	36,016	0.33%	flat	9q	+3.4%+$90.1K
ELI LILLY & CO	LLY	$2.8M	2,377	0.32%	-0.03pp	30q	-0.8%-$22.0K
VANGUARD CHARLOTTE FDS	BNDX	$2.7M	58,307	0.32%	+0.03pp	32q	+19.6%+$446.9K
SCHWAB STRATEGIC TR	SCHD	$2.7M	83,262	0.32%	-0.02pp	32q	-3.8%-$107.1K
JOHNSON & JOHNSON	JNJ	$2.7M	10,618	0.32%	-0.01pp	32q	HELD
MICRON TECHNOLOGY INC	MU	$2.6M	2,533	0.31%	-0.03pp	6q	+4.1%+$103.5K
CATERPILLAR INC	CAT	$2.6M	2,999	0.31%	-0.09pp	4q	-1.1%-$29.4K
FIRST TR EXCHANGE TRADED FD	RDVY	$2.6M	32,288	0.30%	flat	4q	+4.9%+$118.9K
VALERO ENERGY CORP	VLO	$2.5M	5,891	0.29%	+0.10pp	4q	HELD
UNITED PARCEL SVCS INC	UPS	$2.4M	26,061	0.29%	-0.06pp	32q	HELD
VANGUARD WORLD FD	VDC	$2.4M	10,737	0.28%	-0.02pp	32q	-0.9%-$21.7K
DIMENSIONAL ETF TRUST	DFAS	$2.4M	30,080	0.28%	-0.02pp	22q	HELD
BONDBLOXX ETF TRUST	XTEN	$2.3M	55,434	0.28%	flat	7q	+12.6%+$261.7K
ISHARES TR	TLH	$2.2M	24,458	0.26%	-0.06pp	20q	-5.9%-$139.4K
ISHARES TR	IWB	$2.0M	4,814	0.24%	flat	26q	-2.0%-$41.3K
VANGUARD INTL EQUITY INDEX F	VWO	$2.0M	33,540	0.24%	-0.01pp	32q	-2.6%-$53.8K
BLACKROCK ETF TRUST II	GGOV	$2.0M	40,790	0.24%	+0.05pp	2q	+31.7%+$485.0K
AMERICAN EXPRESS CO	AXP	$2.0M	6,513	0.23%	-0.04pp	31q	HELD
MERCK & CO INC	MRK	$2.0M	13,807	0.23%	+0.01pp	16q	+0.5%+$9.8K
GOLDMAN SACHS GROUP INC	GS	$1.9M	2,146	0.23%	-0.04pp	26q	HELD
VISA INC	V	$1.9M	5,071	0.22%	+0.01pp	32q	+0.7%+$13.7K
ISHARES TR	SUSL	$1.8M	13,223	0.22%	flat	20q	HELD
SPROTT ASSET MANAGEMENT LP	PSLV	$1.8M	90,796	0.21%	flat	23q	HELD
WALMART INC	WMT	$1.8M	16,410	0.21%	-0.03pp	32q	-5.1%-$93.7K
INNOVATOR ETFS TRUST	NJUL	$1.7M	21,283	0.20%	+0.04pp	5q	+27.5%+$366.6K
ISHARES TR	IEV	$1.7M	23,472	0.20%	-0.01pp	18q	HELD
BLACKROCK ETF TRUST II	BINC	$1.6M	32,305	0.19%	-0.03pp	11q	-7.3%-$129.5K
ISHARES TR	IGM	$1.6M	9,264	0.19%	flat	16q	-1.1%-$17.4K
WELLS FARGO & CO	WFC	$1.6M	19,097	0.18%	-0.02pp	32q	-4.6%-$75.1K
TEXAS INSTRS INC	TXN	$1.6M	5,232	0.18%	-0.03pp	31q	-8.5%-$143.6K
INNOVATOR ETFS TRUST	PJUL	$1.5M	30,776	0.18%	flat	5q	+0.8%+$12.3K
ISHARES SILVER TR	SLV	$1.5M	27,615	0.18%	flat	10q	+2.5%+$36.8K
VANGUARD WORLD FD	VGT	$1.5M	11,414	0.17%	+0.01pp	4q	HELD
ENSIGN GROUP INC	ENSG	$1.5M	8,458	0.17%	+0.01pp	4q	HELD
ISHARES TR	IXN	$1.4M	9,411	0.17%	flat	31q	HELD
ARISTA NETWORKS INC	ANET	$1.4M	6,680	0.17%	+0.03pp	7q	-3.1%-$45.9K
SPROTT ASSET MANAGEMENT LP	PHYS	$1.4M	44,959	0.17%	flat	24q	HELD
VANGUARD MUN BD FDS	VTEB	$1.4M	29,486	0.16%	+0.02pp	32q	+23.7%+$266.0K
DIMENSIONAL ETF TRUST	DFUS	$1.4M	16,317	0.16%	+0.08pp	2q	+89.7%+$655.5K
PROCTER & GAMBLE CO	PG	$1.4M	9,268	0.16%	-0.01pp	32q	-4.8%-$69.3K
PALANTIR TECHNOLOGIES INC	PLTR	$1.3M	7,003	0.16%	+0.06pp	7q	HELD
ROBLOX CORP	RBLX	$1.3M	29,246	0.16%	-0.04pp	4q	-0.5%-$6.7K
VANGUARD INDEX FDS	VTI	$1.3M	3,470	0.16%	flat	16q	+0.9%+$12.2K
VERIZON COMMUNICATIONS INC	VZ	$1.3M	28,801	0.16%	+0.01pp	32q	HELD
ADVANCED MICRO DEVICES INC	AMD	$1.3M	2,020	0.15%	+0.01pp	4q	-0.6%-$7.8K
ISHARES TR	ITOT	$1.3M	7,711	0.15%	flat	31q	-0.9%-$11.9K
ALPS ETF TR	SDOG	$1.3M	18,965	0.15%	flat	23q	+0.6%+$8.0K
INNOVATOR ETFS TRUST	EJUL	$1.3M	41,202	0.15%	-	new	NEW
SPACE EXPLORATION TECHN CORP CALL+PUT	SPCX	$1.3M	6,999	0.15%	+0.10pp	2q	+201.7%+$861.8K
FIRST TR EXCHNG TRADED FD VI	YJUN	$1.3M	47,519	0.15%	-0.01pp	5q	HELD
STATE STR SPDR DOW JONES IND	DIA	$1.2M	2,409	0.15%	-0.01pp	32q	HELD
VANGUARD INDEX FDS	VV	$1.2M	3,427	0.15%	flat	32q	-1.5%-$18.7K
DEERE CO	DE	$1.2M	1,786	0.14%	+0.01pp	6q	HELD
INNOVATOR ETFS TRUST	ZJUL	$1.2M	39,867	0.14%	+0.04pp	9q	+39.3%+$342.0K
ABBVIE INC	ABBV	$1.2M	4,517	0.14%	flat	14q	-4.3%-$54.1K
INNOVATOR ETFS TRUST	ZOCT	$1.2M	40,732	0.14%	flat	8q	+4.6%+$50.3K
INTERNATIONAL BUSINESS MACHS	IBM	$1.1M	5,186	0.14%	-0.05pp	13q	-4.1%-$49.6K
HOME DEPOT INC	HD	$1.1M	3,966	0.13%	-0.02pp	32q	+29.4%+$258.6K
ISHARES TR	EFA	$1.1M	10,799	0.13%	flat	6q	HELD
AIM ETF PRODUCTS TRUST	JULW	$1.1M	26,852	0.13%	flat	5q	HELD
APPLIED MATLS INC	AMAT	$1.1M	2,107	0.13%	-0.08pp	6q	-9.9%-$123.0K
PHILIP MORRIS INTL INC	PM	$1.1M	5,858	0.13%	-0.02pp	32q	-16.9%-$227.3K
BLACKROCK MUNIHLDNGS CALI	MUC	$1.1M	112,517	0.13%	-0.04pp	5q	-9.6%-$117.0K
ISHARES TR	SOXX	$1.1M	1,847	0.13%	-0.02pp	12q	-5.0%-$57.8K
INNOVATOR ETFS TRUST	JAJL	$1.1M	35,448	0.13%	flat	5q	HELD
INNOVATOR ETFS TRUST	TJUL	$1.1M	34,867	0.13%	flat	5q	HELD
FIRST TR EXCHNG TRADED FD VI	QCJL	$1.1M	40,463	0.13%	-	new	NEW
PACER FDS TR	COWZ	$1.1M	15,621	0.12%	flat	17q	-3.0%-$32.2K
ISHARES INC	EMGF	$1.0M	14,099	0.12%	flat	15q	+7.0%+$67.6K
American Int'l Group, Inc.	AIG	$1.0M	13,624	0.12%	flat	4q	HELD
ISHARES TR	VLUE	$1.0M	5,063	0.12%	flat	26q	HELD
NETFLIX INC. CALL	NFLX	$1.0M	14,511	0.12%	+0.01pp	14q	+23.8%+$194.4K
INNOVATOR ETFS TRUST	ZJAN	$1.0M	35,400	0.12%	flat	3q	HELD
DIMENSIONAL ETF TRUST	DFAT	$1.0M	14,736	0.12%	-0.01pp	5q	HELD
WESTAMERICA BANCORPORATION	WABC	$975.7K	16,613	0.12%	flat	22q	HELD
ISHARES TR	IJH	$971.0K	13,122	0.11%	-0.01pp	32q	HELD
AIM ETF PRODUCTS TRUST	NVBU	$969.7K	30,516	0.11%	-0.21pp	8q	-64.8%-$1.8M
FIRST TR EXCHNG TRADED FD VI	DAPR	$961.4K	22,848	0.11%	flat	2q	HELD
PARK NATL CORP	PRK	$946.5K	5,250	0.11%	-0.01pp	4q	HELD
ORACLE CORP	ORCL	$941.3K	6,502	0.11%	-0.01pp	32q	-1.5%-$14.3K
INNOVATOR ETFS TRUST	AJUL	$934.6K	30,730	0.11%	+0.07pp	9q	+170.6%+$589.2K
INVESCO EXCH TRD SLF IDX FD	BSCQ	$924.6K	47,331	0.11%	flat	26q	+0.6%+$5.2K
COCA COLA CO	KO	$923.6K	10,719	0.11%	-0.02pp	32q	-19.8%-$228.7K
INVESCO EXCH TRADED FD TR II	SPMO	$918.7K	6,005	0.11%	-0.61pp	8q	-83.3%-$4.6M
ISHARES BITCOIN TRUST ETF	IBIT	$907.4K	18,712	0.11%	+0.03pp	10q	+4.3%+$37.1K
INVESCO EXCH TRD SLF IDX FD	BSCR	$898.2K	45,909	0.11%	flat	26q	+0.6%+$5.6K
ALPS ETF TR	AMLP	$894.2K	17,077	0.11%	-0.01pp	17q	-2.9%-$26.3K
VANGUARD INDEX FDS	VTV	$893.3K	4,079	0.11%	flat	32q	HELD
THERMO FISHER SCIENTIFIC INC	TMO	$893.3K	1,361	0.11%	+0.03pp	32q	+13.4%+$105.7K
INVESCO EXCH TRD SLF IDX FD	BSCS	$888.6K	44,046	0.10%	-0.01pp	11q	HELD
INNOVATOR ETFS TRUST	ZAUG	$883.5K	31,526	0.10%	flat	9q	+6.1%+$50.5K
INTEL CORP	INTC	$881.0K	7,831	0.10%	-0.02pp	4q	+4.2%+$35.4K
VANGUARD WORLD FD	VDE	$872.2K	4,882	0.10%	+0.01pp	24q	HELD
ACCENTURE PLC IRELAND CALL	ACN	$865.7K	4,176	0.10%	+0.03pp	31q	-1.5%-$13.1K
AMGEN INC	AMGN	$853.0K	2,119	0.10%	+0.01pp	32q	HELD
TAIWAN SEMICONDUCTOR MANUFAC	TSM	$851.3K	1,765	0.10%	flat	11q	HELD
VANGUARD BD INDEX FDS	BIV	$850.5K	11,689	0.10%	flat	17q	+9.0%+$70.1K
MASTERCARD INCORPORATED	MA	$850.3K	1,501	0.10%	+0.01pp	32q	+2.0%+$16.4K
BLACKROCK INC	BLK	$846.7K	784	0.10%	+0.01pp	8q	-0.5%-$4.3K
ISHARES TR	IJR	$845.0K	6,086	0.10%	-0.01pp	32q	HELD
COLUMBIA ETF TR II	XCEM	$839.9K	15,856	0.10%	-0.01pp	12q	-5.4%-$47.8K
CHENIERE ENERGY INC	LNG	$827.5K	3,006	0.10%	+0.01pp	9q	-2.6%-$22.0K
INNOVATOR ETFS TRUST	IJAN	$819.0K	21,274	0.10%	flat	3q	HELD
INVESCO EXCH TRD SLF IDX FD	BSCU	$812.5K	50,200	0.10%	flat	3q	+6.0%+$46.2K
INVESCO EXCH TRD SLF IDX FD	BSCT	$808.1K	44,268	0.10%	flat	7q	+1.2%+$9.7K
EATON VANCE CALIF MUN INCOM	CEV	$797.3K	77,865	0.09%	+0.01pp	6q	+22.7%+$147.3K
AIM ETF PRODUCTS TRUST	DECW	$794.6K	21,613	0.09%	-0.02pp	8q	-13.1%-$119.6K
ISHARES TR	MBB	$781.3K	8,743	0.09%	-0.62pp	32q	-85.8%-$4.7M
ISHARES TR	IWF	$780.0K	6,038	0.09%	flat	32q	HELD
CROWDSTRIKE HLDGS INC	CRWD	$776.9K	2,786	0.09%	+0.03pp	8q	HELD
SALESFORCE INC	CRM	$771.4K	3,429	0.09%	+0.03pp	6q	+1.2%+$9.2K
CHARLES SCHWAB CORP (THE)	SCHW	$765.2K	7,905	0.09%	flat	24q	HELD
VANGUARD INDEX FDS	VUG	$764.9K	8,256	0.09%	flat	32q	HELD
LAM RESEARCH CORP	LRCX	$761.7K	2,281	0.09%	-0.03pp	5q	-1.0%-$8.0K
INNOVATOR ETFS TRUST	ZAPR	$750.4K	27,741	0.09%	flat	6q	HELD
AIM ETF PRODUCTS TRUST	OCTU	$739.4K	23,610	0.09%	-0.01pp	8q	-7.4%-$59.0K
ALAMOS GOLD INC	AGI	$724.5K	22,136	0.09%	flat	9q	HELD
BECTON DICKINSON CO	BDX	$720.8K	3,998	0.09%	+0.01pp	8q	-0.8%-$6.1K
ISHARES TR	EEM	$719.7K	10,542	0.08%	-0.01pp	7q	-10.0%-$79.6K
INNOVATOR ETFS TRUST	PJUN	$719.0K	16,149	0.08%	flat	18q	-2.7%-$20.2K
INNOVATOR ETFS TRUST	ZSEP	$715.6K	25,513	0.08%	+0.01pp	9q	+21.3%+$125.8K
ELEVANCE HEALTH INC FORMERLY	ELV	$711.4K	1,778	0.08%	flat	3q	-0.8%-$5.6K
INNOVATOR ETFS TRUST	ZMAY	$710.3K	26,863	0.08%	flat	2q	HELD
SPDR SERIES TRUST	LGLV	$708.2K	4,000	0.08%	-0.01pp	27q	HELD
MORGAN STANLEY	MS	$708.0K	3,706	0.08%	-0.01pp	6q	+0.5%+$3.6K
AMERICAN CENTY ETF TR	AVDV	$707.5K	6,547	0.08%	flat	5q	HELD
ISHARES INC	EMXC	$704.2K	7,008	0.08%	-0.01pp	12q	HELD
QUALCOMM INC	QCOM	$701.9K	3,877	0.08%	flat	7q	HELD
ENBRIDGE INC	ENB	$700.6K	15,054	0.08%	-0.02pp	32q	-1.3%-$9.3K
MEDTRONIC PLC	MDT	$700.4K	8,042	0.08%	flat	19q	-1.0%-$7.1K
MARVELL TECHNOLOGY INC	MRVL	$673.9K	2,348	0.08%	flat	3q	+2.6%+$17.2K
INVESCO EXCHANGE TRADED FD T	XLG	$672.3K	10,332	0.08%	flat	4q	HELD
WHEATON PRECIOUS METALS CORP	WPM	$668.6K	4,857	0.08%	+0.01pp	32q	HELD
FORD MTR CO	F	$667.3K	54,337	0.08%	-0.01pp	32q	HELD
SELECT SECTOR SPDR TR CALL	XLF	$666.7K	11,744	0.08%	flat	4q	HELD
SCHWAB STRATEGIC TR	SCMB	$665.1K	27,645	0.08%	-0.01pp	2q	+0.9%+$5.8K
DIMENSIONAL ETF TRUST	DFAU	$660.0K	12,339	0.08%	flat	16q	HELD
AIM ETF PRODUCTS TRUST	MAYW	$654.5K	18,314	0.08%	flat	6q	HELD
INNOVATOR ETFS TRUST	AAPR	$653.8K	21,872	0.08%	flat	10q	HELD
CONOCOPHILLIPS	COP	$652.1K	5,041	0.08%	+0.01pp	12q	HELD
ISHARES TR	MAXJ	$651.9K	21,997	0.08%	flat	6q	HELD
J P MORGAN EXCHANGE TRADED F	JEPQ	$649.4K	10,598	0.08%	flat	5q	+5.2%+$32.1K
INNOVATOR ETFS TRUST	NNOV	$637.3K	19,411	0.08%	flat	8q	HELD
BLACKROCK ETF TRUST	LCTU	$628.1K	7,528	0.07%	-0.01pp	6q	-6.9%-$46.7K
STRYKER CORPORATION	SYK	$627.2K	2,254	0.07%	-0.01pp	4q	+6.9%+$40.6K
ARES CAPITAL CORP	ARCC	$623.1K	33,430	0.07%	flat	8q	+2.3%+$14.1K
VANGUARD INDEX FDS	VOT	$620.9K	2,042	0.07%	flat	4q	HELD
AT&T INC	T	$613.6K	25,117	0.07%	+0.01pp	32q	+8.5%+$48.2K
DISNEY WALT CO	DIS	$613.0K	5,892	0.07%	+0.01pp	32q	+4.7%+$27.7K
SPDR GOLD TR	GLD	$611.6K	1,600	0.07%	flat	17q	+0.9%+$5.4K
DELL TECHNOLOGIES INC	DELL	$595.3K	1,037	0.07%	+0.02pp	3q	HELD
INNOVATOR ETFS TRUST	PMAR	$591.3K	12,005	0.07%	flat	19q	HELD
TJX COS INC NEW	TJX	$591.0K	4,313	0.07%	-0.01pp	16q	+0.5%+$3.2K
DUKE ENERGY CORP NEW	DUK	$590.0K	5,101	0.07%	-0.01pp	32q	-2.1%-$12.5K
INNOVATOR ETFS TRUST	TJAN	$589.2K	20,528	0.07%	-0.04pp	6q	-32.9%-$289.0K
VANGUARD SCOTTSDALE FDS	VCSH	$584.5K	7,570	0.07%	-0.01pp	32q	-1.8%-$10.4K
CAPITAL ONE FINL CORP	COF	$584.5K	2,985	0.07%	flat	4q	HELD
ISHARES TR	IWM	$570.6K	2,028	0.07%	-0.01pp	11q	HELD
AMERICAN CENTY ETF TR	AVUV	$560.6K	4,653	0.07%	-0.01pp	5q	HELD
ISHARES TR	SYSB	$558.0K	6,640	0.07%	flat	4q	+7.9%+$40.9K
MARATHON PETE CORP	MPC	$557.1K	1,288	0.07%	+0.03pp	4q	HELD
RTX CORPORATION	RTX	$553.5K	3,020	0.07%	-0.01pp	9q	-10.6%-$65.4K
AIM ETF PRODUCTS TRUST	APRW	$545.3K	14,336	0.06%	flat	6q	HELD
ISHARES TR	LMUB	$544.9K	11,724	0.06%	-0.05pp	3q	-36.0%-$306.2K
INNOVATOR ETFS TRUST	DDFD	$538.7K	26,316	0.06%	flat	4q	HELD
ISHARES TR	MTUM	$537.8K	1,668	0.06%	-0.46pp	8q	-86.7%-$3.5M
INNOVATOR ETFS TRUST	EJAN	$530.1K	14,161	0.06%	flat	19q	HELD
GSK PLC	GSK	$522.0K	11,202	0.06%	-0.01pp	13q	-3.8%-$20.9K
SELECT SECTOR SPDR TR	XLE	$518.8K	8,138	0.06%	+0.01pp	4q	-2.6%-$13.6K
DIMENSIONAL ETF TRUST	DFAI	$518.7K	12,459	0.06%	-0.01pp	16q	-14.2%-$86.0K
ISHARES TR	IWD	$514.9K	2,045	0.06%	flat	5q	HELD
GRAYSCALE BITCOIN TRUST ETF	GBTC	$513.4K	7,762	0.06%	+0.02pp	11q	HELD
ISHARES TR	SGOV	$510.7K	5,083	0.06%	-0.09pp	3q	-58.8%-$729.1K
PFIZER INC	PFE	$510.0K	18,546	0.06%	flat	32q	-2.8%-$14.5K
PEPSICO INC	PEP	$498.9K	3,969	0.06%	-0.01pp	32q	HELD
ROYAL BK CDA	RY	$490.1K	2,496	0.06%	-0.01pp	4q	HELD
WASTE MGMT INC DEL	WM	$485.8K	2,337	0.06%	-0.01pp	9q	HELD
UNITEDHEALTH GROUP INC PUT	UNH	$484.6K	1,088	0.06%	flat	31q	+1.0%+$4.9K
INNOVATOR ETFS TRUST	PAUG	$484.3K	10,266	0.06%	flat	15q	HELD
ALTRIA GROUP INC	MO	$482.5K	7,039	0.06%	flat	32q	+0.7%+$3.3K
TRUIST FINL CORP	TFC	$481.5K	10,411	0.06%	-0.01pp	16q	-2.6%-$13.0K
INNOVATOR ETFS TRUST	IMAR	$481.2K	15,731	0.06%	flat	2q	HELD
AGNICO EAGLE MINES LTD	AEM	$480.0K	2,580	0.06%	+0.01pp	9q	HELD
LLOYDS BANKING GROUP PLC	LYG	$477.5K	85,886	0.06%	-0.01pp	32q	-3.1%-$15.5K
ISHARES TR	USMV	$475.4K	4,778	0.06%	-0.01pp	32q	-12.2%-$66.3K
ISHARES TR	SIZE	$471.8K	2,654	0.06%	flat	27q	HELD
BOOKING HOLDINGS INC	BKNG	$469.8K	2,981	0.06%	-0.01pp	14q	-0.7%-$3.2K
AIR PRODUCTS AND CHEMICALS I	APD	$463.8K	1,651	0.05%	-0.01pp	18q	-1.3%-$5.9K
OMNICOM GROUP INC	OMC	$460.8K	6,136	0.05%	flat	20q	-1.2%-$5.4K
AMERICAN TOWER CORP	AMT	$458.9K	2,785	0.05%	flat	11q	-3.9%-$18.8K
ISHARES TR	AGG	$456.5K	4,838	0.05%	+0.02pp	21q	+69.3%+$186.9K
SELECT SECTOR SPDR TR	XLU	$455.1K	11,058	0.05%	-0.01pp	9q	+2.2%+$9.6K
ILLINOIS TOOL WKS INC	ITW	$454.1K	1,700	0.05%	flat	6q	-2.9%-$13.6K
ISHARES TR	HDV	$454.0K	16,054	0.05%	flat	32q	HELD
VANGUARD INTL EQUITY INDEX F	VT	$453.5K	2,822	0.05%	flat	4q	HELD
COMCAST CORP NEW	CMCSA	$452.7K	20,995	0.05%	-0.01pp	32q	-1.3%-$5.9K
FREEPORT-MCMORAN INC	FCX	$451.6K	6,224	0.05%	+0.01pp	9q	HELD
BANK OF AMER CORP	BAC	$451.5K	8,348	0.05%	flat	31q	+2.1%+$9.3K
RIVERNORTH OPPORTUNISTIC MUN	RMI	$447.5K	32,500	0.05%	-0.01pp	31q	HELD
US BANCORP	USB	$446.1K	7,787	0.05%	-0.02pp	4q	-21.8%-$124.2K
ISHARES TR	DSI	$445.7K	2,969	0.05%	flat	6q	+2.0%+$8.6K
INNOVATOR ETFS TRUST	PSEP	$445.2K	9,393	0.05%	-	new	NEW
LOWES COS INC	LOW	$442.0K	2,406	0.05%	-0.01pp	32q	+1.1%+$5.0K
SELECT SECTOR SPDR TR	XLK	$437.5K	2,166	0.05%	flat	4q	HELD
MCDONALDS CORP	MCD	$436.4K	1,877	0.05%	-0.01pp	32q	-3.0%-$13.7K
SHELL PLC	SHEL	$436.2K	4,468	0.05%	+0.01pp	4q	HELD
CITIGROUP INC	C	$433.5K	3,373	0.05%	-0.01pp	5q	+0.9%+$3.9K
J P MORGAN EXCHANGE TRADED F	JEPI	$425.5K	7,538	0.05%	-0.02pp	4q	-23.2%-$128.9K
VANGUARD INDEX FDS	VBR	$424.4K	1,804	0.05%	flat	4q	HELD
STATE STR SPDR S&P MIDCAP 40	MDY	$422.6K	626	0.05%	flat	11q	HELD
INVESCO CALIF VALUE MUN INCO	VCV	$421.3K	47,077	0.05%	-0.05pp	8q	-34.3%-$220.3K
INTERCONTINENTAL EXCHANGE IN	ICE	$416.7K	2,715	0.05%	+0.02pp	3q	+21.0%+$72.4K
HEALTHPEAK PROPERTIES INC	DOC	$416.3K	21,910	0.05%	-0.01pp	5q	HELD
FIRST TR EXCHANGE-TRADED ALP	FTC	$412.6K	2,251	0.05%	flat	32q	HELD
AIM ETF PRODUCTS TRUST	MARW	$410.0K	11,059	0.05%	flat	6q	HELD
NUCOR CORP	NUE	$406.2K	1,618	0.05%	flat	6q	HELD
NORFOLK SOUTHN CORP	NSC	$400.5K	1,266	0.05%	flat	5q	HELD
IQVIA HLDGS INC	IQV	$395.4K	1,521	0.05%	+0.01pp	12q	HELD
LOCKHEED MARTIN CORP	LMT	$392.8K	770	0.05%	flat	5q	HELD
O'REILLY AUTOMOTIVE INC	ORLY	$386.7K	4,542	0.05%	-0.01pp	5q	-7.2%-$30.0K
ISHARES INC	ESGE	$385.1K	7,046	0.05%	flat	6q	-1.1%-$4.2K
AMERICAN CENTY ETF TR	AVUS	$384.9K	2,944	0.05%	flat	5q	HELD
INNOVATOR ETFS TRUST	PJAN	$382.8K	7,486	0.05%	flat	3q	HELD
AIM ETF PRODUCTS TRUST	DECU	$379.9K	12,628	0.04%	flat	8q	HELD
SYSCO CORP	SYY	$376.3K	4,859	0.04%	-0.01pp	6q	-5.9%-$23.5K
PALO ALTO NETWORKS INC	PANW	$375.8K	895	0.04%	+0.01pp	2q	HELD
AUTOMATIC DATA PROCESSING IN	ADP	$373.5K	1,424	0.04%	+0.01pp	22q	+2.4%+$8.7K
INNOVATOR ETFS TRUST	SFLR	$369.0K	9,312	0.04%	flat	4q	-5.8%-$22.5K
BLACKROCK ETF TRUST II	HIMU	$368.0K	8,103	0.04%	-0.01pp	5q	-5.6%-$21.9K
OKTA INC	OKTA	$366.7K	1,677	0.04%	+0.01pp	2q	-5.3%-$20.6K
VANGUARD BD INDEX FDS	BND	$362.3K	5,175	0.04%	flat	4q	-1.2%-$4.6K
ISHARES TR	STEN	$359.9K	12,510	0.04%	flat	4q	HELD
INNOVATOR ETFS TRUST	ZFEB	$359.1K	13,574	0.04%	flat	6q	HELD
COLGATE PALMOLIVE CO	CL	$357.0K	4,092	0.04%	flat	5q	HELD
OTIS WORLDWIDE CORP	OTIS	$356.2K	5,360	0.04%	flat	2q	+20.7%+$61.1K
PHILLIPS 66	PSX	$355.8K	1,319	0.04%	+0.01pp	3q	HELD
GE VERNOVA INC	GEV	$354.6K	345	0.04%	-0.01pp	4q	+1.5%+$5.1K
SELECT SECTOR SPDR TR	XLI	$354.1K	2,064	0.04%	-0.01pp	4q	-4.4%-$16.5K
WISDOMTREE TR	USFR	$354.0K	7,023	0.04%	+0.01pp	3q	+22.7%+$65.5K
EVERPURE INC	P	$353.9K	2,404	0.04%	-	new	NEW
FIRST TR EXCHANGE TRADED FD	CIBR	$353.8K	3,320	0.04%	+0.01pp	8q	HELD
MCKESSON CORP	MCK	$353.1K	383	0.04%	+0.01pp	8q	+0.5%+$1.8K
GOLDMAN SACHS ETF TR	GPIX	$348.9K	6,193	0.04%	flat	2q	HELD
VANGUARD INDEX FDS	VBK	$347.4K	1,000	0.04%	flat	4q	HELD
INNOVATOR ETFS TRUST	PDEC	$343.8K	7,232	0.04%	flat	15q	HELD
SPDR SERIES TRUST	BIL	$343.8K	3,759	0.04%	+0.01pp	2q	+58.7%+$127.1K
AIM ETF PRODUCTS TRUST	AUGW	$342.1K	9,765	0.04%	+0.01pp	5q	+53.2%+$118.9K
SPDR INDEX SHS FDS	FEZ	$341.9K	5,119	0.04%	flat	12q	HELD
ANALOG DEVICES INC	ADI	$341.5K	812	0.04%	flat	5q	HELD
SPDR SERIES TRUST	SDY	$340.9K	2,298	0.04%	flat	8q	HELD
ENTERGY CORP NEW	ETR	$339.3K	3,287	0.04%	-0.01pp	10q	-1.6%-$5.4K
FIRST TR EXCHANGE TRADED FD	FXL	$335.6K	1,456	0.04%	flat	6q	HELD
ISHARES TR	ARTY	$334.6K	4,119	0.04%	flat	2q	HELD
ISHARES TR	IBDT	$328.2K	13,171	0.04%	flat	25q	HELD
INNOVATOR ETFS TRUST	IAPR	$326.8K	9,725	0.04%	flat	2q	HELD
ISHARES TR	IFRA	$326.3K	5,755	0.04%	-0.01pp	18q	-3.5%-$11.8K
GE AEROSPACE	GE	$326.2K	1,054	0.04%	-0.01pp	6q	HELD
ISHARES TR	ITA	$324.3K	1,557	0.04%	-0.03pp	5q	-32.7%-$157.4K
VIPER ENERGY INC	VNOM	$322.3K	7,750	0.04%	flat	5q	-1.3%-$4.2K
ASTRAZENECA PLC	AZN	$320.6K	2,021	0.04%	-0.01pp	3q	-2.3%-$7.6K
WEC ENERGY GROUP INC	WEC	$320.3K	3,104	0.04%	-0.01pp	10q	-0.7%-$2.2K
LAMAR ADVERTISING CO	LAMR	$320.0K	2,211	0.04%	-0.01pp	24q	-1.2%-$3.9K
EBAY INC.	EBAY	$319.2K	2,982	0.04%	flat	9q	HELD
SABRA HEALTH CARE REIT INC	SBRA	$318.5K	16,656	0.04%	flat	4q	HELD
ISHARES TR	USXF	$316.1K	4,540	0.04%	-0.01pp	6q	-13.6%-$49.8K
GENUINE PARTS CO	GPC	$315.6K	2,478	0.04%	flat	18q	-6.3%-$21.4K
SELECT SECTOR SPDR TR	XLP	$314.1K	3,840	0.04%	flat	4q	HELD
KKR & CO INC	KKR	$313.3K	3,456	0.04%	flat	12q	+1.8%+$5.5K
AIM ETF PRODUCTS TRUST	MART	$312.8K	7,198	0.04%	flat	6q	HELD
INNOVATOR ETFS TRUST	PAPR	$308.8K	7,112	0.04%	flat	6q	HELD
SEAGATE TECHNOLOGY HLDNGS PL	STX	$306.9K	381	0.04%	-0.01pp	2q	-7.7%-$25.8K
HONEYWELL INTL INC	HON	$303.9K	1,428	0.04%	flat	2q	+14.0%+$37.2K
ISHARES TR	IWP	$303.5K	2,116	0.04%	flat	6q	HELD
VANGUARD INTL EQUITY INDEX F	VGK	$302.2K	3,491	0.04%	flat	12q	HELD
BLACKROCK ETF TRUST II	MBBA	$301.8K	6,450	0.04%	-	new	NEW
FIRST TR EXCHNG TRADED FD VI	QCJA	$299.7K	12,444	0.04%	flat	6q	HELD
VANGUARD INDEX FDS	VNQ	$298.0K	3,314	0.04%	-0.01pp	4q	-17.7%-$64.3K
HARTFORD FDS EXCHANGE TRADED	HFSI	$297.9K	8,878	0.04%	flat	4q	+1.1%+$3.1K
SELECT SECTOR SPDR TR	XLY	$297.6K	2,664	0.04%	flat	4q	HELD
MICROCHIP TECHNOLOGY INC.	MCHP	$293.9K	3,617	0.03%	-0.01pp	4q	HELD
KINDER MORGAN INC DEL	KMI	$291.0K	9,050	0.03%	flat	4q	HELD
BANK OF NY MELLON CORP	BNY	$289.6K	2,015	0.03%	-0.01pp	5q	-11.4%-$37.1K
BLACK STONE MINERALS L P	BSM	$288.6K	19,662	0.03%	flat	9q	HELD
FRANCO NEV CORP	FNV	$287.2K	1,177	0.03%	flat	32q	-0.7%-$2.0K
FIDELITY NATL INFORMATION SV	FIS	$286.8K	8,583	0.03%	-0.01pp	15q	HELD
HUNTINGTON INGALLS INDS INC	HII	$286.4K	1,086	0.03%	-0.01pp	10q	-4.7%-$14.0K
ISHARES TR	STIP	$280.6K	2,806	0.03%	-0.02pp	2q	-38.4%-$174.7K
SCHWAB STRATEGIC TR	SCHB	$280.2K	9,348	0.03%	flat	6q	-2.2%-$6.3K
INNOVATOR ETFS TRUST	IJUL	$276.6K	7,661	0.03%	flat	19q	+4.5%+$12.0K
SCHWAB STRATEGIC TR	SCHF	$272.5K	9,874	0.03%	flat	6q	+1.0%+$2.7K
INVESCO EXCHANGE TRADED FD T	PPA	$270.7K	1,771	0.03%	-0.01pp	5q	+3.7%+$9.6K
COREWEAVE INC CALL	CRWV	$269.4K	2,737	0.03%	-0.01pp	2q	-14.6%-$46.0K
INNOVATOR ETFS TRUST	IAUG	$268.0K	8,849	0.03%	-	new	NEW
INNOVATOR ETFS TRUST	POCT	$267.9K	5,525	0.03%	flat	3q	HELD
SANDISK CORP	SNDK	$267.3K	161	0.03%	+0.01pp	2q	+80.9%+$119.6K
INNOVATOR ETFS TRUST	BMAR	$266.2K	4,454	0.03%	flat	3q	HELD
AFLAC INC	AFL	$264.8K	2,331	0.03%	flat	4q	HELD
MARTIN MARIETTA MATLS INC	MLM	$264.2K	540	0.03%	-0.01pp	6q	+0.7%+$2.0K
INVESCO EXCH TRADED FD TR II	QQQM	$263.5K	842	0.03%	flat	7q	HELD
SEMPRA	SRE	$261.8K	3,273	0.03%	-0.01pp	9q	+1.0%+$2.7K
SCHWAB STRATEGIC TR	SCHX	$261.0K	8,502	0.03%	flat	6q	+1.3%+$3.5K
FIRST TR EXCHNG TRADED FD VI	QMMY	$260.3K	9,501	0.03%	flat	2q	HELD
ISHARES TR	DMXF	$257.5K	3,014	0.03%	-	new	NEW
J P MORGAN EXCHANGE TRADED F	JMOM	$256.9K	3,021	0.03%	-0.02pp	7q	-39.3%-$166.6K
INNOVATOR ETFS TRUST	AOCT	$253.6K	9,056	0.03%	flat	8q	HELD
EATON CORP PLC	ETN	$251.5K	565	0.03%	flat	3q	+0.5%+$1.3K
Domino's Pizza, Inc.	DPZ	$251.4K	830	0.03%	flat	2q	-1.4%-$3.6K
AIM ETF PRODUCTS TRUST	SEPU	$248.3K	7,726	0.03%	flat	6q	HELD
SCHWAB STRATEGIC TR	SCHE	$246.6K	6,621	0.03%	flat	3q	HELD
CVS HEALTH CORP	CVS	$246.4K	2,851	0.03%	-0.01pp	4q	-1.2%-$2.9K
NUVEEN NASDAQ 100 DYNAMIC OV	QQQX	$246.1K	7,949	0.03%	flat	5q	+3.0%+$7.1K
BITWISE ETHEREUM ETF	ETHW	$245.1K	12,734	0.03%	-	new	NEW
FLEX LNG LTD	FLNG	$242.8K	7,799	0.03%	flat	3q	HELD
SCHWAB STRATEGIC TR	SCHG	$242.0K	6,552	0.03%	flat	2q	+0.8%+$2.0K
DBX ETF TR	DBEU	$241.8K	4,558	0.03%	flat	5q	-2.0%-$5.0K
CSX CORP	CSX	$241.2K	5,077	0.03%	flat	3q	+0.6%+$1.5K
UNION PAC CORP	UNP	$239.5K	866	0.03%	flat	3q	+0.8%+$1.9K
ISHARES TR	EMB	$239.2K	2,631	0.03%	-0.01pp	15q	-13.9%-$38.6K
SELECT SECTOR SPDR TR	XLV	$238.8K	1,429	0.03%	flat	4q	HELD
CORNING INC	GLW	$238.6K	1,412	0.03%	-0.02pp	3q	+1.8%+$4.2K
NOVARTIS AG	NVS	$238.6K	1,695	0.03%	-0.01pp	7q	-13.0%-$35.6K
INVESCO EXCH TRD SLF IDX FD	BSMT	$237.3K	10,628	0.03%	flat	3q	HELD
ISHARES TR	IEF	$237.3K	2,662	0.03%	-0.04pp	2q	-54.7%-$285.9K
BLACKSTONE INC	BX	$233.9K	2,064	0.03%	flat	22q	+3.2%+$7.3K
INNOVATOR ETFS TRUST	PFEB	$233.1K	5,244	0.03%	flat	5q	HELD
NEOS ETF TRUST	CSHI	$229.8K	4,618	0.03%	-	new	NEW
ISHARES TR	IBDR	$227.3K	9,399	0.03%	flat	25q	DEBT
FIRST TR EXCHANGE-TRADED FD	FTCS	$226.0K	2,396	0.03%	flat	16q	HELD
GALLAGHER ARTHUR J CO	AJG	$224.6K	977	0.03%	flat	2q	+0.7%+$1.6K
ENTERPRISE PRODS PARTNERS L	EPD	$219.8K	5,900	0.03%	flat	3q	HELD
ABBOTT LABORATORIES	ABT	$219.3K	2,235	0.03%	-	new	NEW
LATTICE SEMICONDUCTOR CORP	LSCC	$218.2K	1,623	0.03%	flat	2q	HELD
ISHARES TR	EVUS	$217.8K	5,918	0.03%	flat	2q	+2.6%+$5.6K
EDISON INTL	EIX	$216.8K	3,997	0.03%	-0.01pp	3q	-1.8%-$4.0K
ASML HLDG NV	ASML	$214.6K	117	0.03%	-0.01pp	2q	-10.0%-$23.8K
VANGUARD WORLD FD	VHT	$213.9K	684	0.03%	flat	2q	HELD
ISHARES TR	IBDS	$213.4K	8,867	0.03%	flat	24q	DEBT
INNOVATOR ETFS TRUST	KNOV	$212.6K	6,691	0.03%	flat	2q	HELD
INVESCO EXCHANGE TRADED FD T	RSP	$212.2K	1,008	0.03%	flat	2q	+4.2%+$8.6K
BOEING CO	BA	$212.2K	1,118	0.03%	-0.01pp	4q	-10.4%-$24.7K
EVERSOURCE ENERGY	ES	$210.0K	3,217	0.02%	flat	6q	-1.0%-$2.2K

Showing the largest 400 of 421 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
Computer Hardware	$62.4M	7.4%
Software & IT Services	$45.5M	5.4%
Semiconductors & Electronics	$34.7M	4.1%
Retail & Consumer	$19.0M	2.2%
Funds & ETFs	$19.0M	2.2%
Banks & Lending	$15.5M	1.8%
Capital Markets	$14.8M	1.7%
Energy	$12.8M	1.5%
Other sectors	$71.6M	8.4%
Not classified	$552.3M	65.2%

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%	-1.0%	99%
Q2 2026	+12.0%	+14.8%	-2.8%	100%
Q1 2026	-2.6%	-4.6%	+2.0%	100%
Q4 2025	+2.7%	+2.4%	+0.3%	100%
Q3 2025	+8.0%	+7.8%	+0.1%	100%
Q2 2025	+7.9%	+10.5%	-2.5%	100%
Q1 2025	-2.8%	-4.6%	+1.7%	100%
Q4 2024	+0.5%	+2.1%	-1.7%	100%

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

Quarter by quarter

Quarter	Value	Positions	New	Added	Trimmed	Exited	Top 10	Days to file
Q3 2026	$847.6M	421	16	111	122	17	34.0%	21
Q2 2026	$814.9M	422	38	99	170	13	32.4%	13
Q1 2026	$708.3M	397	31	96	152	23	29.9%	15
Q4 2025	$722.7M	389	57	170	78	14	32.3%	14
Q3 2025	$610.6M	346	43	109	90	15	34.4%	15
Q2 2025	$558.6M	318	49	121	85	15	34.0%	28
Q1 2025	$493.0M	284	16	98	87	12	36.8%	10
Q4 2024	$498.0M	280	28	95	88	30	37.9%	15
Q3 2024	$483.7M	282	42	110	72	19	37.7%	9
Q2 2024	$449.2M	259	16	93	76	18	38.4%	12
Q1 2024	$429.2M	261	22	76	97	5	35.5%	16
Q4 2023	$400.9M	244	19	52	100	15	38.4%	11
Q3 2023	$360.7M	240	12	61	83	19	37.3%	13
Q2 2023	$380.5M	247	17	87	70	19	37.0%	21
Q1 2023	$341.5M	249	27	66	88	11	35.3%	7
Q4 2022	$311.2M	233	19	89	55	9	34.3%	19
Q3 2022	$294.0M	223	17	58	81	22	36.1%	14
Q2 2022	$313.5M	228	20	82	75	35	35.4%	27
Q1 2022	$366.9M	243	28	84	67	14	36.7%	22
Q4 2021	$365.4M	229	17	85	64	14	34.0%	19
Q3 2021	$333.9M	226	9	45	127	42	33.3%	13
Q2 2021	$366.1M	259	19	45	157	55	31.3%	14
Q1 2021	$478.2M	295	22	106	110	14	31.7%	28
Q4 2020	$447.7M	287	30	0	0	8	33.5%	22
Q3 2020	$390.2M	265	20	0	245	28	33.3%	23
Q2 2020	$420.2M	273	41	70	95	14	28.7%	15
Q1 2020	$339.8M	246	25	92	82	35	26.8%	28
Q4 2019	$396.4M	256	10	68	93	7	24.5%	14
Q3 2019	$364.4M	253	17	87	74	24	22.5%	16
Q2 2019	$346.6M	260	13	115	59	12	21.5%	24
Q1 2019	$315.8M	259	50	89	69	11	20.8%	19
Q4 2018	$252.2M	220	0	0	0	0	21.3%	22

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.