DaveManuel.com · Institutional Ownership · 13F Holdings

Virtue Capital Management, LLC

Reported holdings as of Q3 2026, from 33 quarterly filings.

CIK

1729985

Reported value

$768.1M

Positions

379

Top 10 weight

28.4%

Filed

2026-10-29

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
SPDR SERIES TRUST	BIL	$38.6M	421,172	5.03%	+2.25pp	19q	+85.5%+$17.8M
INVESCO QQQ TR	QQQ	$33.0M	44,570	4.29%	+1.63pp	28q	+64.8%+$13.0M
VANGUARD INDEX FDS	VOO	$23.0M	32,773	2.99%	-0.02pp	26q	HELD
FIRST TR EXCHANGE-TRADED FD	FTSL	$22.6M	508,126	2.95%	-0.86pp	18q	-20.3%-$5.8M
NVIDIA CORPORATION	NVDA	$22.0M	96,431	2.87%	+0.43pp	26q	+5.4%+$1.1M
PROSHARES TR	SDS	$17.6M	323,576	2.30%	-	new	NEW
APPLE INC	AAPL	$16.0M	47,953	2.08%	+0.34pp	33q	+6.3%+$945.8K
ISHARES TR	ICSH	$15.7M	311,126	2.04%	+1.18pp	19q	+143.7%+$9.2M
ISHARES TR	IEF	$15.0M	167,801	1.95%	-3.35pp	15q	-60.0%-$22.5M
SPDR SERIES TRUST	SPAB	$14.6M	600,832	1.91%	-1.00pp	11q	-29.5%-$6.1M
BONDBLOXX ETF TRUST	XTEN	$13.8M	325,528	1.80%	-1.07pp	3q	-30.9%-$6.2M
STATE STR SPDR S&P 500 ETF T	SPY	$13.8M	18,039	1.79%	-4.71pp	12q	-72.2%-$35.8M
PROSHARES TR	SH	$12.5M	385,351	1.63%	+1.36pp	5q	+537.7%+$10.5M
INVESCO EXCHANGE TRADED FD T	RSP	$11.7M	56,465	1.53%	-0.28pp	31q	-11.5%-$1.5M
VANGUARD SCOTTSDALE FDS	VONG	$11.0M	84,967	1.43%	+0.10pp	15q	+9.6%+$959.1K
MICROSOFT CORP	MSFT	$9.8M	19,014	1.27%	+0.30pp	33q	-2.8%-$277.0K
MICRON TECHNOLOGY INC	MU	$9.4M	8,791	1.22%	-0.11pp	4q	+2.1%+$188.5K
INVESCO EXCH TRADED FD TR II	QQQM	$9.0M	29,417	1.17%	+0.89pp	11q	+324.1%+$6.8M
VANECK ETF TRUST	FLTR	$8.5M	331,932	1.11%	-0.01pp	18q	+1.9%+$155.7K
ISHARES TR	IWD	$8.4M	33,969	1.10%	+0.79pp	16q	+258.5%+$6.1M
ZACKS TRUST	ZECP	$7.9M	213,059	1.03%	+0.19pp	11q	+28.2%+$1.7M
AMAZON COM INC	AMZN	$6.9M	27,746	0.90%	+0.14pp	26q	+16.6%+$986.1K
ISHARES TR	IWM	$6.5M	23,489	0.85%	-	new	NEW
NORTHERN LTS FD TR IV	BUYW	$6.4M	443,518	0.84%	-0.35pp	11q	-27.8%-$2.5M
NORTHERN LTS FD TR IV	SECT	$6.4M	89,299	0.83%	+0.01pp	5q	+4.2%+$256.0K
SANDISK CORP	SNDK	$6.4M	3,665	0.83%	-0.35pp	4q	-5.4%-$365.4K
ISHARES TR	IHE	$6.2M	62,063	0.81%	-	new	NEW
ROBINHOOD MKTS INC	HOOD	$6.1M	53,805	0.79%	+0.03pp	6q	-5.2%-$331.5K
SEAGATE TECHNOLOGY HLDNGS PL	STX	$6.0M	6,469	0.78%	-0.08pp	4q	-2.3%-$137.4K
FIRST TR EXCHANGE TRADED FD	FXL	$6.0M	26,949	0.78%	-0.11pp	2q	-11.5%-$775.0K
ALPHABET INC	GOOGL	$5.9M	17,259	0.77%	flat	26q	+7.2%+$396.4K
ISHARES TR	ITOT	$5.8M	35,116	0.76%	+0.73pp	2q	+2776.0%+$5.6M
VANGUARD INTL EQUITY INDEX F	VEU	$5.8M	70,245	0.76%	-0.24pp	16q	-21.7%-$1.6M
WESTERN DIGITAL CORP	WDC	$5.8M	12,780	0.76%	-0.27pp	4q	+6.5%+$354.0K
ADVANCED MICRO DEVICES INC	AMD	$5.6M	9,179	0.73%	+0.09pp	11q	+10.6%+$538.3K
JANUS DETROIT STR TR	JAAA	$5.6M	111,259	0.73%	+0.03pp	8q	+7.4%+$385.6K
FIRST TR EXCHANGE TRADED FD	FXH	$5.6M	42,774	0.73%	-	new	NEW
FIRST TR EXCHANGE TRADED FD	FXN	$5.5M	249,456	0.71%	-0.11pp	3q	-17.6%-$1.2M
iShares Tr	SHV	$5.3M	48,427	0.70%	+0.17pp	20q	+35.1%+$1.4M
NEWMONT CORP	NEM	$5.2M	44,965	0.68%	+0.15pp	4q	+6.7%+$325.7K
FIRST TR EXCHANGE TRADED FD	FXR	$5.1M	63,155	0.67%	-0.27pp	15q	-18.4%-$1.2M
INNOVATOR ETFS TRUST	SFLR	$4.8M	122,043	0.62%	+0.50pp	4q	+407.9%+$3.8M
GE VERNOVA INC	GEV	$4.5M	4,762	0.59%	-0.13pp	4q	+3.6%+$155.9K
NEOS ETF TRUST	QQQI	$4.5M	80,388	0.58%	-0.02pp	5q	+1.3%+$55.3K
COMFORT SYS USA INC	FIX	$4.3M	2,629	0.57%	-0.09pp	2q	+6.4%+$259.7K
BROADCOM INC	AVGO	$4.2M	11,996	0.55%	-0.04pp	16q	+2.3%+$93.4K
CARVANA CO	CVNA	$4.2M	67,017	0.55%	-0.02pp	6q	+4.9%+$196.0K
META PLATFORMS INC	META	$4.0M	5,572	0.53%	+0.01pp	26q	-18.8%-$932.6K
VANGUARD SCOTTSDALE FDS	VTWV	$4.0M	21,562	0.52%	-0.14pp	22q	-14.1%-$653.6K
SSGA ACTIVE TR	HYBL	$3.8M	136,993	0.49%	+0.43pp	3q	+705.4%+$3.3M
TIDAL TRUST I	ZHDG	$3.6M	152,285	0.47%	+0.35pp	3q	+277.3%+$2.7M
SPDR SERIES TRUST	SPYM	$3.6M	40,273	0.47%	-	new	NEW
SELECT SECTOR SPDR TR	XLP	$3.5M	43,930	0.46%	+0.03pp	31q	+14.2%+$440.6K
LUMENTUM HLDGS INC	LITE	$3.4M	3,526	0.45%	+0.05pp	5q	+1.8%+$61.2K
SELECT SECTOR SPDR TR	XLU	$3.4M	86,450	0.44%	flat	11q	+17.3%+$502.8K
APPLOVIN CORP	APP	$3.2M	11,039	0.42%	-0.24pp	3q	+15.7%+$434.8K
VANGUARD SCOTTSDALE FDS	VTWG	$3.1M	12,079	0.41%	-0.31pp	22q	-35.8%-$1.8M
INVESCO EXCH TRADED FD TR II	BKLN	$3.1M	152,773	0.41%	-	new	NEW
SPDR INDEX SHS FDS	SPDW	$3.1M	62,102	0.41%	-0.04pp	26q	-6.9%-$232.5K
MARVELL TECHNOLOGY INC	MRVL	$3.1M	11,741	0.40%	-0.14pp	16q	-13.8%-$494.8K
APPLIED MATLS INC	AMAT	$2.9M	5,755	0.38%	-0.21pp	12q	-7.5%-$237.3K
JPMORGAN CHASE & CO	JPM	$2.9M	8,890	0.38%	+0.01pp	26q	+4.2%+$118.1K
ISHARES TR	IBB	$2.9M	13,922	0.38%	-	new	NEW
SCHWAB STRATEGIC TR	SCHX	$2.9M	96,923	0.38%	-0.09pp	14q	-19.1%-$687.1K
INVESCO ACTVELY MNGD ETC FD	PDBC	$2.9M	150,147	0.38%	+0.09pp	4q	+9.1%+$241.5K
INTERACTIVE BROKERS GROUP IN	IBKR	$2.8M	33,021	0.37%	-0.04pp	10q	-6.5%-$196.0K
TESLA INC	TSLA	$2.8M	7,890	0.36%	+0.04pp	26q	+34.6%+$719.5K
ISHARES TR	IGV	$2.8M	26,274	0.36%	-	new	NEW
GOLDMAN SACHS ETF TR	GSEW	$2.8M	29,817	0.36%	+0.11pp	9q	+52.5%+$955.9K
SCHWAB STRATEGIC TR	SCHA	$2.8M	85,053	0.36%	+0.08pp	14q	+48.3%+$903.6K
ISHARES TR	SHYG	$2.8M	67,193	0.36%	-0.05pp	17q	-7.2%-$214.7K
COHERENT CORP	COHR	$2.7M	9,325	0.35%	-0.16pp	5q	-3.0%-$81.7K
2023 ETF SERIES TRUST	PQUS	$2.7M	92,928	0.35%	-	new	NEW
TARGET CORP	TGT	$2.4M	15,033	0.31%	+0.22pp	7q	+187.3%+$1.5M
ISHARES TR	STIP	$2.3M	23,035	0.30%	+0.13pp	21q	+81.6%+$1.0M
GRANITESHARES GOLD TR	BAR	$2.3M	55,717	0.30%	+0.14pp	7q	+90.1%+$1.1M
FORMFACTOR INC	FORM	$2.2M	14,664	0.29%	-0.07pp	3q	-10.9%-$269.1K
VANGUARD ADMIRAL FDS INC	VOOG	$2.2M	25,571	0.28%	-0.05pp	22q	-16.2%-$423.7K
EXXON MOBIL CORP	XOM	$2.0M	12,245	0.26%	+0.04pp	26q	+2.9%+$57.0K
BRIGHTSPRING HEALTH SVCS INC	BTSG	$2.0M	34,840	0.26%	-0.09pp	6q	-7.7%-$166.1K
TIDAL TRUST II	SPYT	$2.0M	113,879	0.26%	-	new	NEW
ARISTA NETWORKS INC	ANET	$1.9M	9,558	0.25%	flat	5q	-13.4%-$301.3K
INNOVATOR ETFS TRUST	UDEC	$1.8M	42,464	0.24%	flat	3q	HELD
SPDR SERIES TRUST	SPMD	$1.8M	28,377	0.23%	-0.03pp	3q	-3.2%-$58.7K
TIDAL TRUST II	BIGY	$1.8M	33,687	0.23%	-	new	NEW
INNOVATOR ETFS TRUST	DDFA	$1.8M	85,417	0.23%	-	new	NEW
ENERGY TRANSFER L P	ET	$1.7M	88,152	0.23%	+0.01pp	5q	+2.2%+$38.0K
SPDR GOLD TR	GLD	$1.7M	4,565	0.23%	-0.07pp	21q	-22.9%-$517.6K
VANGUARD ADMIRAL FDS INC	VOOV	$1.7M	7,871	0.23%	-0.05pp	22q	-16.7%-$347.9K
DXP ENTERPRISES INC	DXPE	$1.7M	9,567	0.23%	-0.01pp	7q	-8.7%-$165.1K
PALANTIR TECHNOLOGIES INC	PLTR	$1.7M	9,232	0.22%	+0.05pp	8q	-16.5%-$340.1K
ISHARES TR	TLT	$1.7M	22,201	0.22%	-0.01pp	26q	+9.2%+$144.8K
WARNER BROS DISCOVERY INC	WBD	$1.7M	55,285	0.22%	+0.01pp	4q	-5.4%-$98.4K
CORNING INC	GLW	$1.7M	10,938	0.22%	-0.17pp	10q	-3.6%-$62.0K
ILLUMINA INC	ILMN	$1.7M	6,129	0.22%	-	new	NEW
HOME DEPOT INC	HD	$1.7M	5,804	0.21%	-0.01pp	26q	+21.1%+$288.2K
VOYA FINANCIAL INC	VOYA	$1.6M	17,463	0.21%	-	new	NEW
FIDELITY COVINGTON TRUST	FIDU	$1.6M	18,105	0.21%	flat	3q	+15.7%+$217.8K
VANGUARD SCOTTSDALE FDS	VCIT	$1.6M	19,984	0.20%	-0.03pp	22q	-7.5%-$126.9K
VERIZON COMMUNICATIONS INC	VZ	$1.6M	33,983	0.20%	+0.06pp	26q	+33.1%+$387.6K
ALPHABET INC	GOOG	$1.6M	4,555	0.20%	-0.01pp	26q	-0.8%-$12.9K
SPDR SERIES TRUST	SPTM	$1.5M	16,475	0.20%	-0.02pp	26q	-7.1%-$115.5K
OKTA INC	OKTA	$1.5M	7,071	0.19%	-	new	NEW
VANGUARD SCOTTSDALE FDS	VCSH	$1.4M	18,766	0.19%	-0.02pp	22q	-5.9%-$91.3K
DARLING INGREDIENTS INC	DAR	$1.4M	23,720	0.19%	flat	3q	-9.8%-$156.5K
ABRDN PRECIOUS METALS BASKET	GLTR	$1.4M	7,671	0.19%	-0.12pp	2q	-39.8%-$943.4K
MCKESSON CORP	MCK	$1.4M	1,640	0.18%	+0.02pp	23q	+1.5%+$21.3K
SCHWAB STRATEGIC TR	SCHP	$1.4M	55,583	0.18%	-0.03pp	22q	-7.9%-$120.3K
PLANET LABS PBC	PL	$1.4M	84,477	0.18%	-0.19pp	5q	HELD
HUMANA INC	HUM	$1.4M	3,613	0.18%	-	new	NEW
ISHARES TR	IYC	$1.4M	14,397	0.18%	-	new	NEW
E L F BEAUTY INC	ELF	$1.4M	13,453	0.18%	-	new	NEW
HALOZYME THERAPEUTICS INC	HALO	$1.4M	12,270	0.18%	-	new	NEW
ISHARES TR	IYJ	$1.3M	8,643	0.17%	-	new	NEW
INNOVATOR ETFS TRUST	BALT	$1.3M	37,786	0.17%	+0.11pp	2q	+183.8%+$855.3K
TAIWAN SEMICONDUCTOR MANUFAC	TSM	$1.3M	2,866	0.17%	-0.09pp	25q	-30.9%-$585.7K
FORTINET INC	FTNT	$1.3M	7,216	0.17%	-	new	NEW
LAM RESEARCH CORP	LRCX	$1.3M	3,926	0.17%	-0.05pp	2q	+4.5%+$55.8K
PROCTER & GAMBLE CO	PG	$1.3M	8,737	0.17%	+0.01pp	33q	+7.7%+$91.2K
RTX CORPORATION	RTX	$1.3M	6,794	0.16%	flat	26q	+7.3%+$85.4K
PERMIAN RESOURCES CORP	PR	$1.3M	59,444	0.16%	flat	3q	-9.0%-$124.6K
ISHARES TR	IYF	$1.2M	9,911	0.16%	-	new	NEW
SPDR SERIES TRUST	SPYG	$1.2M	10,074	0.16%	+0.08pp	8q	+89.5%+$585.6K
ABBVIE INC	ABBV	$1.2M	4,719	0.16%	+0.02pp	16q	+9.9%+$110.9K
TTM TECHNOLOGIES INC	TTMI	$1.2M	9,971	0.16%	-0.10pp	6q	-5.4%-$70.5K
IMAX CORP	IMAX	$1.2M	22,322	0.16%	-	new	NEW
HARBOR ETF TRUST	HGER	$1.2M	34,556	0.16%	-	new	NEW
TCW ETF TRUST	PWRD	$1.2M	11,564	0.16%	-	new	NEW
SCORPIO TANKERS INC	STNG	$1.2M	14,474	0.16%	+0.01pp	3q	-10.0%-$135.3K
ISHARES TR	IYH	$1.2M	16,782	0.16%	-0.05pp	3q	-28.5%-$477.7K
ISHARES TR	EEM	$1.2M	17,924	0.16%	-0.01pp	6q	-1.7%-$20.7K
SPDR INDEX SHS FDS	NANR	$1.2M	14,176	0.15%	+0.04pp	2q	+22.2%+$215.4K
PALO ALTO NETWORKS INC	PANW	$1.2M	2,911	0.15%	-0.05pp	26q	-35.2%-$628.9K
VISA INC	V	$1.1M	3,200	0.15%	-0.11pp	26q	-42.6%-$852.0K
VANGUARD SCOTTSDALE FDS	VONV	$1.1M	10,416	0.15%	-	new	NEW
BRINKER INTL INC	EAT	$1.1M	5,747	0.14%	-	new	NEW
GLOBAL X FDS	PAVE	$1.1M	21,163	0.14%	-	new	NEW
ISHARES TR	DVY	$1.1M	7,272	0.14%	-0.08pp	11q	-32.2%-$524.3K
PIMCO ETF TR	SPLS	$1.1M	19,827	0.14%	-	new	NEW
ISHARES TR	SGOV	$1.1M	10,681	0.14%	-1.51pp	16q	-91.3%-$11.3M
INTEL CORP	INTC	$1.1M	8,914	0.14%	+0.01pp	4q	+32.6%+$263.7K
ELI LILLY & CO	LLY	$1.1M	926	0.14%	+0.03pp	14q	+40.3%+$307.8K
CISCO SYS INC	CSCO	$1.1M	9,944	0.14%	+0.04pp	26q	+51.6%+$364.4K
PROSHARES TR	TBT	$1.0M	23,753	0.13%	+0.03pp	8q	+13.0%+$116.2K
PARKER HANNIFIN CORP	PH	$977.4K	1,023	0.13%	flat	12q	+1.7%+$16.2K
BANK OF AMER CORP	BAC	$971.9K	17,856	0.13%	flat	16q	+7.3%+$66.4K
COCA COLA CO	KO	$952.7K	11,068	0.12%	flat	26q	HELD
ENTERPRISE PRODS PARTNERS L	EPD	$945.8K	26,560	0.12%	-0.01pp	11q	HELD
JOHNSON & JOHNSON	JNJ	$940.4K	3,552	0.12%	flat	26q	HELD
DNP SELECT INCOME FD INC	DNP	$929.1K	97,082	0.12%	-0.03pp	11q	-4.6%-$44.5K
WALMART INC	WMT	$922.9K	8,881	0.12%	-0.01pp	26q	+1.1%+$10.3K
DEFIANCE NASDAQ 100 IN T ETF	QQQT	$922.5K	50,411	0.12%	-	new	NEW
ISHARES TR	IVV	$916.0K	1,196	0.12%	+0.01pp	14q	+9.7%+$81.2K
ECHOSTAR CORP	ECHO	$908.4K	10,160	0.12%	-	new	NEW
MERCK & CO INC	MRK	$904.7K	6,226	0.12%	+0.02pp	16q	+4.0%+$35.0K
VANGUARD INDEX FDS	VTI	$885.8K	2,367	0.12%	+0.01pp	7q	+5.8%+$48.7K
AT&T INC	T	$863.6K	35,395	0.11%	+0.02pp	33q	+9.2%+$72.9K
ALTRIA GROUP INC	MO	$839.2K	12,461	0.11%	flat	26q	+7.6%+$59.5K
INTERNATIONAL BUSINESS MACHS	IBM	$839.0K	3,815	0.11%	-0.02pp	21q	+15.2%+$110.8K
DELL TECHNOLOGIES INC	DELL	$833.3K	1,549	0.11%	-0.06pp	3q	-48.6%-$786.5K
PHILIP MORRIS INTL INC	PM	$828.6K	4,342	0.11%	flat	26q	-6.9%-$61.3K
TIDAL TRUST II	SOXY	$828.3K	8,559	0.11%	-	new	NEW
ISHARES TR	AGG	$816.3K	8,634	0.11%	-0.01pp	9q	+1.0%+$8.4K
NEOS ETF TRUST	SPYI	$808.7K	15,209	0.11%	+0.02pp	3q	+30.7%+$189.9K
VANECK ETF TRUST	RAAX	$797.5K	20,022	0.10%	-	new	NEW
INTUITIVE MACHINES INC	LUNR	$791.0K	55,551	0.10%	-0.06pp	5q	HELD
SSGA ACTIVE ETF TR	SRLN	$789.1K	19,536	0.10%	-	new	NEW
ALPS ETF TR	REIT	$788.0K	27,767	0.10%	+0.02pp	2q	+29.5%+$179.4K
INNOVATOR ETFS TRUST	ZJUL	$785.3K	25,956	0.10%	-	new	NEW
NETAPP INC	NTAP	$775.0K	3,689	0.10%	+0.01pp	2q	-18.5%-$175.4K
CONOCOPHILLIPS	COP	$757.7K	6,054	0.10%	+0.02pp	16q	+7.1%+$50.2K
CLOUDFLARE INC	NET	$754.6K	2,173	0.10%	-0.02pp	2q	-41.6%-$537.6K
HEWLETT PACKARD ENTERPRISE C	HPE	$702.7K	10,998	0.09%	+0.03pp	5q	+10.8%+$68.6K
BERKSHIRE HATHAWAY INC DEL	BRKB	$695.6K	1,397	0.09%	+0.01pp	26q	+16.6%+$99.1K
SPDR SERIES TRUST	SPYV	$692.4K	11,327	0.09%	+0.04pp	3q	+89.2%+$326.5K
BLACKROCK INC	BLK	$678.4K	641	0.09%	+0.01pp	8q	+3.9%+$25.4K
SPDR SERIES TRUST	LVLN	$677.3K	27,428	0.09%	-	new	NEW
UBER TECHNOLOGIES INC	UBER	$650.4K	9,493	0.08%	-0.04pp	16q	-23.9%-$204.6K
INNOVATOR ETFS TRUST	DDTG	$647.3K	33,157	0.08%	-	new	NEW
ISHARES TR	IXUS	$638.9K	6,726	0.08%	-	new	NEW
SPDR SERIES TRUST	SJNK	$631.0K	26,020	0.08%	-	new	NEW
SPDR SERIES TRUST	JNK	$624.3K	6,731	0.08%	-0.11pp	30q	-54.4%-$744.8K
SPDR SERIES TRUST	FLRN	$623.6K	20,222	0.08%	-0.26pp	3q	-75.8%-$2.0M
ISHARES TR	FLOT	$617.5K	12,095	0.08%	flat	3q	-2.5%-$16.1K
INNOVATOR ETFS TRUST	DDFY	$616.3K	30,090	0.08%	-	new	NEW
PEPSICO INC	PEP	$609.1K	4,806	0.08%	+0.03pp	26q	+63.7%+$237.1K
MONGODB INC	MDB	$609.0K	1,747	0.08%	-	new	NEW
AMPHENOL CORP	APH	$598.0K	7,094	0.08%	flat	4q	+1.6%+$9.3K
WELLS FARGO & CO	WFC	$597.3K	7,462	0.08%	flat	8q	+8.8%+$48.2K
METLIFE INC	MET	$593.0K	6,297	0.08%	+0.01pp	16q	+9.8%+$53.0K
BANK OF NY MELLON CORP	BNY	$592.9K	4,099	0.08%	-	new	NEW
CVS HEALTH CORP	CVS	$591.1K	6,899	0.08%	-0.02pp	7q	+1.1%+$6.6K
SPDR SERIES TRUST	SPYD	$590.3K	13,010	0.08%	-0.01pp	5q	HELD
PRUDENTIAL FINL INC	PRU	$587.9K	5,176	0.08%	flat	16q	+2.4%+$13.9K
KINDER MORGAN INC DEL	KMI	$584.7K	19,394	0.08%	-0.01pp	16q	+1.2%+$7.1K
CSX CORP	CSX	$583.5K	12,545	0.08%	flat	15q	+1.6%+$9.3K
NNN REIT INC	NNN	$581.6K	14,155	0.08%	-0.01pp	11q	HELD
INNOVATOR ETFS TRUST	UJUN	$572.8K	14,632	0.07%	flat	2q	+5.7%+$30.7K
VIASAT INC	VSAT	$567.2K	8,059	0.07%	-0.02pp	4q	-1.1%-$6.5K
ISHARES TR	MUB	$566.0K	5,598	0.07%	flat	2q	+6.0%+$32.3K
ISHARES TR	LQD	$556.6K	5,447	0.07%	-0.05pp	31q	-33.3%-$278.0K
INNOVATOR ETFS TRUST	DDFZ	$555.6K	28,120	0.07%	-	new	NEW
COLLABORATIVE INVESTMNT SER	SPCK	$553.4K	3,668	0.07%	+0.03pp	2q	+106.1%+$284.9K
CATERPILLAR INC	CAT	$544.9K	672	0.07%	-0.02pp	16q	+5.3%+$27.6K
PFIZER INC	PFE	$543.4K	19,053	0.07%	+0.01pp	26q	+3.9%+$20.2K
ISHARES TR	IYK	$539.6K	7,629	0.07%	-	new	NEW
WELLTOWER INC	WELL	$525.2K	2,281	0.07%	+0.04pp	3q	+121.5%+$288.0K
INTUIT	INTU	$521.9K	1,893	0.07%	-	new	NEW
QUALCOMM INC	QCOM	$520.1K	2,826	0.07%	flat	14q	+3.4%+$16.9K
ISHARES TR	SOXX	$515.2K	906	0.07%	-0.10pp	4q	-52.9%-$577.7K
VANGUARD WHITEHALL FDS	VWOB	$514.6K	8,152	0.07%	-0.04pp	20q	-34.2%-$267.6K
AMERICAN ELEC PWR CO INC	AEP	$513.1K	4,325	0.07%	-0.01pp	11q	HELD
NETFLIX INC.	NFLX	$504.9K	7,257	0.07%	-0.04pp	26q	-33.4%-$253.2K
ISHARES BITCOIN TRUST ETF	IBIT	$504.2K	10,651	0.07%	+0.02pp	7q	+14.0%+$62.0K
UNITED PARCEL SVCS INC	UPS	$489.0K	5,233	0.06%	-0.05pp	26q	-32.3%-$233.4K
ASML HLDG NV	ASML	$487.3K	269	0.06%	-0.02pp	16q	-15.1%-$87.0K
SPDR INDEX SHS FDS	SPEM	$485.8K	9,386	0.06%	+0.02pp	5q	+40.7%+$140.5K
VANGUARD INDEX FDS	VUG	$484.6K	5,377	0.06%	flat	5q	-5.2%-$26.8K
TRANE TECHNOLOGIES PLC	TT	$478.2K	1,058	0.06%	-0.01pp	11q	-5.5%-$27.6K
SPDR SERIES TRUST	CERY	$477.8K	12,183	0.06%	-	new	NEW
INNOVATOR ETFS TRUST	ZJUN	$475.9K	17,163	0.06%	+0.01pp	2q	+12.5%+$52.9K
TEXAS INSTRS INC	TXN	$475.6K	1,698	0.06%	flat	2q	+5.9%+$26.3K
UNITEDHEALTH GROUP INC	UNH	$473.2K	1,289	0.06%	flat	26q	+21.1%+$82.6K
INNOVATOR ETFS TRUST	ZAPR	$472.8K	17,481	0.06%	flat	2q	HELD
INTUITIVE SURGICAL INC	ISRG	$472.5K	1,162	0.06%	-0.02pp	16q	-23.8%-$147.6K
CHEVRON CORPORATION	CVX	$471.5K	2,309	0.06%	-0.01pp	26q	-29.2%-$194.2K
VERTIV HOLDINGS CO	VRT	$471.0K	1,952	0.06%	-0.02pp	4q	+12.2%+$51.2K
TIDAL TRUST II	YMAX	$470.0K	62,253	0.06%	-	new	NEW
COSTCO WHOLESALE CORPORATION	COST	$469.7K	516	0.06%	-0.01pp	26q	-9.6%-$50.1K
GILEAD SCIENCES INC	GILD	$469.7K	3,151	0.06%	+0.01pp	4q	+12.8%+$53.2K
VANGUARD TAX-MANAGED FDS	VEA	$462.8K	6,554	0.06%	flat	10q	+0.9%+$4.2K
SSGA ACTIVE TR	XLSR	$452.4K	6,812	0.06%	+0.03pp	5q	+84.3%+$206.9K
TIDAL TRUST II	SDTY	$450.8K	11,160	0.06%	-	new	NEW
GLOBAL X FDS	COPX	$448.3K	5,293	0.06%	+0.01pp	2q	+21.2%+$78.4K
HF SINCLAIR CORP	DINO	$445.8K	4,154	0.06%	-	new	NEW
THERMO FISHER SCIENTIFIC INC	TMO	$444.9K	659	0.06%	+0.02pp	26q	+22.3%+$81.0K
CHECK POINT SOFTWARE TECH LT	CHKP	$442.6K	3,448	0.06%	+0.02pp	10q	+44.1%+$135.4K
STARBUCKS CORP	SBUX	$436.8K	4,649	0.06%	-0.01pp	33q	HELD
DATADOG INC	DDOG	$435.1K	1,589	0.06%	+0.01pp	7q	+20.6%+$74.2K
US BANCORP	USB	$434.2K	7,517	0.06%	flat	16q	+2.4%+$10.2K
REALTY INCOME CORP	O	$433.6K	7,985	0.06%	-0.01pp	5q	HELD
AMERICAN WTR WKS CO INC NEW	AWK	$432.6K	3,341	0.06%	-0.03pp	4q	-33.1%-$213.6K
FORD MTR CO	F	$431.3K	35,763	0.06%	-	new	NEW
H2O AMERICA	HTO	$431.2K	6,996	0.06%	-0.03pp	3q	-34.6%-$228.3K
INNOVATOR ETFS TRUST	ZSEP	$430.0K	15,444	0.06%	-	new	NEW
MASTERCARD INCORPORATED	MA	$428.5K	777	0.06%	-0.01pp	33q	-24.4%-$138.4K
ANALOG DEVICES INC	ADI	$428.1K	1,079	0.06%	flat	3q	+7.4%+$29.4K
CALIFORNIA WTR SVC GROUP	CWT	$422.1K	9,123	0.05%	-0.03pp	4q	-32.1%-$199.2K
DELTA AIR LINES INC	DAL	$421.4K	5,049	0.05%	flat	3q	+10.5%+$40.0K
DANAHER CORP DEL	DHR	$421.4K	1,902	0.05%	-0.01pp	26q	-27.5%-$159.7K
ESSENTIAL UTILS INC	WTRG	$420.1K	10,718	0.05%	-0.03pp	4q	-34.7%-$223.5K
GE AEROSPACE	GE	$418.3K	1,339	0.05%	-0.03pp	15q	-18.3%-$93.7K
GALLAGHER ARTHUR J CO	AJG	$417.2K	1,829	0.05%	-0.04pp	9q	-37.9%-$254.3K
SSGA ACTIVE TR	FISR	$416.9K	17,078	0.05%	-	new	NEW
AMER STATES WTR CO	AWR	$415.8K	5,051	0.05%	-0.03pp	2q	-35.7%-$231.3K
VANGUARD INTL EQUITY INDEX F	VT	$415.1K	2,630	0.05%	-	new	NEW
BLACKROCK ETF TRUST II	BRTR	$414.3K	8,661	0.05%	-	new	NEW
BLOOM ENERGY CORP	BE	$413.3K	1,492	0.05%	-	new	NEW
VALERO ENERGY CORP	VLO	$410.1K	1,058	0.05%	+0.02pp	3q	+14.8%+$52.7K
GENERAL DYNAMICS CORP	GD	$409.4K	1,234	0.05%	-0.04pp	26q	-37.0%-$240.8K
INNOVATOR ETFS TRUST	DDFL	$401.3K	18,547	0.05%	-	new	NEW
ISHARES GOLD TR	IAU	$389.5K	4,987	0.05%	+0.01pp	2q	+31.8%+$94.0K
AMCOR PLC	AMCR	$388.3K	9,276	0.05%	flat	2q	-2.0%-$8.0K
VANGUARD STAR FDS	VXUS	$386.0K	4,544	0.05%	-0.02pp	22q	-27.1%-$143.3K
TECHNIPFMC PLC	FTI	$384.4K	5,660	0.05%	-	new	NEW
IRON MTN INC DEL	IRM	$384.2K	3,463	0.05%	-	new	NEW
PROLOGIS INC.	PLD	$383.9K	2,957	0.05%	flat	4q	+3.4%+$12.6K
FIFTH THIRD BANCORP	FITB	$381.1K	7,534	0.05%	flat	16q	+4.3%+$15.8K
WISDOMTREE TR	QGRW	$379.3K	5,523	0.05%	-	new	NEW
MAIN STR CAP CORP	MAIN	$377.4K	6,856	0.05%	flat	5q	HELD
WEST PHARMACEUTICAL SVSC INC	WST	$374.1K	1,009	0.05%	+0.01pp	2q	+30.5%+$87.5K
INNOVATOR ETFS TRUST	UJUL	$371.3K	8,973	0.05%	-	new	NEW
WISDOMTREE TR	DGRW	$367.9K	3,783	0.05%	-	new	NEW
BECTON DICKINSON CO	BDX	$365.7K	2,043	0.05%	+0.01pp	9q	+1.6%+$5.9K
INNOVATOR ETFS TRUST	ZMAY	$364.7K	13,842	0.05%	flat	2q	HELD
DUKE ENERGY CORP NEW	DUK	$362.7K	3,181	0.05%	-0.01pp	11q	+2.4%+$8.6K
INNOVATOR ETFS TRUST	UMAY	$357.2K	9,213	0.05%	flat	2q	HELD
MEDTRONIC PLC	MDT	$353.6K	4,098	0.05%	flat	26q	+3.7%+$12.5K
SOUTHERN CO	SO	$349.2K	4,213	0.05%	-0.01pp	17q	+1.6%+$5.4K
FREEPORT-MCMORAN INC	FCX	$348.0K	4,972	0.05%	+0.01pp	2q	+16.7%+$49.8K
ISHARES TR	SUB	$346.4K	3,314	0.05%	flat	2q	+3.5%+$11.8K
KLA CORP	KLAC	$345.8K	1,774	0.05%	-0.03pp	2q	-3.1%-$11.1K
TIDAL TRUST II	AMZY	$345.7K	33,698	0.05%	-	new	NEW
ARES CAPITAL CORP	ARCC	$342.7K	17,940	0.04%	flat	3q	-2.9%-$10.1K
LAMAR ADVERTISING CO	LAMR	$342.4K	2,376	0.04%	flat	21q	+2.0%+$6.6K
NATERA INC	NTRA	$341.4K	826	0.04%	+0.01pp	2q	-2.1%-$7.4K
INVESTMENT MANAGERS SER TR I	SNXX	$339.7K	20,366	0.04%	-	new	NEW
INNOVATOR ETFS TRUST	DDTZ	$339.4K	17,116	0.04%	-	new	NEW
TRAVELERS COMPANIES INC	TRV	$339.0K	951	0.04%	-	new	NEW
TIDAL TRUST II	RNTY	$336.7K	7,304	0.04%	-	new	NEW
TJX COS INC NEW	TJX	$334.9K	2,531	0.04%	flat	5q	+14.9%+$43.5K
DEF NASDAQ 100 LS INC ETF	QLDY	$333.2K	8,100	0.04%	-	new	NEW
CITIGROUP INC	C	$327.9K	2,532	0.04%	flat	4q	+2.4%+$7.8K
AIM ETF PRODUCTS TRUST	QBSF	$327.5K	11,902	0.04%	-	new	NEW
GABELLI UTIL TR	GUT	$326.4K	57,365	0.04%	-0.01pp	11q	HELD
JABIL INC	JBL	$322.1K	1,123	0.04%	-0.02pp	4q	-10.7%-$38.7K
PROGRESSIVE CORP	PGR	$321.5K	1,551	0.04%	-0.02pp	14q	-25.8%-$111.7K
FASTENAL CO	FAST	$319.4K	6,448	0.04%	flat	2q	+1.8%+$5.8K
INNOVATOR ETFS TRUST	ZDEK	$317.0K	11,805	0.04%	flat	4q	-1.4%-$4.4K
MONSTER BEVERAGE CORP NEW	MNST	$316.4K	7,601	0.04%	-	new	NEW
VANGUARD WORLD FD	MGC	$315.1K	1,116	0.04%	-	new	NEW
ROKU INC	ROKU	$314.6K	2,066	0.04%	-0.01pp	4q	-17.4%-$66.2K
MCDONALDS CORP	MCD	$314.6K	1,362	0.04%	-0.01pp	16q	-0.8%-$2.5K
LOCKHEED MARTIN CORP	LMT	$312.3K	613	0.04%	flat	26q	+3.2%+$9.7K
ALLSTATE CORP	ALL	$308.2K	1,389	0.04%	-	new	NEW
ELEVANCE HEALTH INC FORMERLY	ELV	$306.8K	789	0.04%	-0.02pp	26q	-28.2%-$120.5K
AMETEK INC	AME	$306.7K	1,238	0.04%	-	new	NEW
DISNEY WALT CO	DIS	$306.4K	2,921	0.04%	-0.01pp	26q	-21.2%-$82.2K
GLAUKOS CORP	GKOS	$302.6K	1,843	0.04%	-	new	NEW
S&P GLOBAL INC	SPGI	$301.4K	764	0.04%	-0.01pp	24q	-21.4%-$82.0K
CUMMINS INC	CMI	$299.1K	579	0.04%	-0.02pp	4q	+1.8%+$5.2K
PIMCO ETF TR	MINT	$297.7K	2,961	0.04%	-	new	NEW
PNC FINL SVCS GROUP INC	PNC	$297.4K	1,338	0.04%	flat	5q	+0.9%+$2.7K
AMGEN INC	AMGN	$296.7K	704	0.04%	+0.01pp	4q	+4.9%+$13.9K
FIRST TR EXCHNG TRADED FD VI	BUFR	$296.1K	7,903	0.04%	-0.01pp	2q	-21.4%-$80.7K
FERGUSON ENTERPRISES INC	FERG	$294.8K	1,324	0.04%	flat	5q	+4.6%+$12.9K
DOORDASH INC	DASH	$290.9K	1,585	0.04%	-0.01pp	5q	-21.6%-$80.0K
SEALSQ CORP	LAES	$285.5K	122,000	0.04%	-0.01pp	5q	+8.9%+$23.4K
INNOVATOR ETFS TRUST	DDFS	$283.8K	12,721	0.04%	-	new	NEW
FRANKLIN TEMPLETON INC	BEN	$281.5K	8,763	0.04%	flat	2q	HELD
NORTHERN LTS FD TR IV	TMAT	$280.5K	9,410	0.04%	flat	2q	+3.9%+$10.5K
CHARLES RIV LABS INTL INC	CRL	$278.2K	943	0.04%	-	new	NEW
INVESCO EXCH TRADED FD TR II	SPMO	$277.4K	1,830	0.04%	-	new	NEW
ARROW ELECTRS INC	ARW	$276.9K	1,220	0.04%	flat	2q	+2.8%+$7.5K
MARRIOTT INTL INC NEW	MAR	$275.3K	774	0.04%	flat	2q	-0.9%-$2.5K
MARKEL GROUP INC	MKL	$272.3K	159	0.04%	-0.01pp	10q	HELD
VANGUARD INDEX FDS	VTV	$266.2K	1,232	0.03%	flat	4q	+3.2%+$8.2K
SCHWAB STRATEGIC TR	SCHD	$265.8K	8,171	0.03%	-0.01pp	2q	-16.2%-$51.2K
GENERAL MTRS CO	GM	$265.7K	3,451	0.03%	flat	2q	+1.7%+$4.5K
HCA Healthcare, Inc.	HCA	$264.6K	620	0.03%	flat	3q	HELD
J P MORGAN EXCHANGE TRADED F	JEPQ	$264.3K	4,314	0.03%	flat	5q	HELD
ARAMARK	ARMK	$264.1K	4,931	0.03%	-	new	NEW
CHARLES SCHWAB CORP (THE)	SCHW	$263.8K	2,699	0.03%	-0.04pp	18q	-56.6%-$343.8K
J P MORGAN EXCHANGE TRADED F	JPST	$262.8K	5,218	0.03%	-	new	NEW
INNOVATOR ETFS TRUST	DDTA	$256.2K	12,225	0.03%	-	new	NEW
BOEING CO	BA	$254.1K	1,366	0.03%	-0.01pp	7q	-2.1%-$5.4K
CITIZENS FINL GROUP INC	CFG	$252.6K	3,962	0.03%	flat	2q	+17.0%+$36.8K
SELECT SECTOR SPDR TR	XLK	$251.9K	1,287	0.03%	flat	2q	+9.3%+$21.5K
AUTOMATIC DATA PROCESSING IN	ADP	$251.1K	973	0.03%	-	new	NEW
HOWMET AEROSPACE INC	HWM	$250.8K	1,109	0.03%	-0.01pp	3q	-13.0%-$37.5K
NEOS ETF TRUST	IWMI	$247.2K	5,049	0.03%	flat	2q	+1.0%+$2.4K
TIDAL TRUST II	NVDY	$246.3K	19,334	0.03%	-	new	NEW
TIDAL TRUST II	FBY	$246.0K	25,577	0.03%	-	new	NEW
TIDAL TRUST II	GOOY	$245.6K	20,436	0.03%	-	new	NEW
J P MORGAN EXCHANGE TRADED F	JEPI	$245.0K	4,359	0.03%	flat	5q	-6.4%-$16.6K
BOOKING HOLDINGS INC	BKNG	$244.7K	1,502	0.03%	-0.03pp	26q	-40.3%-$165.4K
TARGA RES CORP	TRGP	$244.6K	905	0.03%	flat	2q	-0.7%-$1.6K
TIDAL TRUST II YIELDMAX MSFT OP	MSFO	$244.6K	19,854	0.03%	-	new	NEW
TIDAL TR II	APLY	$238.2K	20,243	0.03%	-	new	NEW
INNOVATOR ETFS TRUST	ZALT	$237.4K	6,873	0.03%	-0.01pp	3q	-15.8%-$44.6K
SCHWAB STRATEGIC TR	SCHB	$233.2K	7,955	0.03%	flat	5q	-1.7%-$4.0K
INNOVATOR ETFS TRUST	PSEP	$232.2K	4,955	0.03%	-	new	NEW
MANPOWERGROUP INC WIS	MAN	$232.1K	4,176	0.03%	-	new	NEW
TIDAL TRUST II DEFIANCE	IWMY	$231.4K	13,483	0.03%	-	new	NEW
VIRTU FINL INC	VIRT	$229.7K	4,165	0.03%	-	new	NEW
COMCAST CORP NEW	CMCSA	$226.8K	10,424	0.03%	flat	26q	HELD
WORLD GOLD TR	GLDM	$225.1K	2,739	0.03%	-0.01pp	3q	-24.1%-$71.6K
MORGAN STANLEY	MS	$223.1K	1,186	0.03%	flat	3q	+4.9%+$10.3K
ENBRIDGE INC	ENB	$222.1K	4,777	0.03%	-0.01pp	5q	HELD
WP CAREY INC	WPC	$221.9K	3,433	0.03%	flat	2q	+20.3%+$37.4K
KROGER CO	KR	$212.1K	3,618	0.03%	-	new	NEW
INNOVATIVE INDL PPTYS INC	IIPR	$210.7K	4,000	0.03%	-0.01pp	3q	HELD
DIMENSIONAL ETF TRUST	DFAC	$210.5K	4,735	0.03%	flat	2q	+0.6%+$1.2K
CIENA CORP	CIEN	$210.4K	598	0.03%	-0.21pp	5q	-83.7%-$1.1M
TIDAL TRUST II	TSLY	$210.3K	9,755	0.03%	-	new	NEW
CROWDSTRIKE HLDGS INC	CRWD	$209.4K	791	0.03%	-	new	NEW
TIDAL TRUST II	GDXY	$208.1K	20,622	0.03%	-	new	NEW
ETF SER SOLUTIONS	ACIO	$206.6K	4,403	0.03%	-	new	NEW
VANGUARD INTL EQUITY INDEX F	VWO	$205.3K	3,461	0.03%	-0.01pp	17q	-25.9%-$71.6K
HEALTHPEAK PROPERTIES INC	DOC	$203.4K	10,184	0.03%	flat	2q	+2.5%+$5.0K
REPLIGEN CORP	RGEN	$201.8K	1,050	0.03%	-	new	NEW
SIMON PPTY GROUP INC NEW	SPG	$201.0K	1,001	0.03%	flat	2q	HELD
COEUR MNG INC	CDE	$187.8K	10,669	0.02%	-	new	NEW
LLOYDS BANKING GROUP PLC	LYG	$119.3K	21,196	0.02%	flat	15q	HELD
TIDAL TRUST II YIELDMAX XOM OPT	XOMO	$115.4K	10,610	0.02%	-	new	NEW
TIDAL TRUST II	NFLY	$82.2K	12,118	0.01%	-	new	NEW
BEAM GLOBAL	BEEM	$56.5K	50,000	0.01%	flat	9q	HELD
CREDIT SUISSE ASSET MGMT INCCO	CIK	$46.8K	20,000	0.01%	-	new	NEW
RICHTECH ROBOTICS INC	RR	$15.8K	10,000	0.00%	flat	2q	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	$66.6M	8.7%
Computer Hardware	$42.7M	5.6%
Software & IT Services	$30.9M	4.0%
Retail & Consumer	$19.5M	2.5%
Capital Markets	$17.1M	2.2%
Funds & ETFs	$15.8M	2.1%
Other sectors	$95.9M	12.5%
Not classified	$479.6M	62.4%

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	-2.2%	+2.1%	-4.3%	100%
Q2 2026	+12.0%	+14.8%	-2.8%	102%
Q1 2026	-1.7%	-4.6%	+2.9%	100%
Q4 2025	+0.1%	+2.4%	-2.2%	134%
Q3 2025	+5.3%	+7.8%	-2.5%	100%
Q2 2025	+6.3%	+10.5%	-4.2%	98%
Q1 2025	-3.3%	-4.6%	+1.3%	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	$768.1M	379	100	139	112	64	28.4%	29
Q2 2026	$748.9M	343	72	119	128	51	34.1%	36
Q1 2026	$657.2M	322	61	130	113	46	37.1%	37
Q4 2025	$649.0M	307	58	127	118	48	42.5%	49
Q3 2025	$627.8M	297	68	119	107	32	41.2%	141
Q2 2025	$543.5M	261	34	41	177	235	43.5%	44
Q1 2025	$855.4M	462	237	174	37	29	31.4%	45
Q4 2024	$496.7M	254	38	69	129	48	39.0%	57
Q3 2024	$499.5M	264	31	62	149	139	38.5%	49
Q2 2024	$583.8M	372	41	96	191	52	31.4%	44
Q1 2024	$556.5M	383	67	87	191	41	30.5%	45
Q4 2023	$493.4M	357	60	76	207	110	32.6%	46
Q3 2023	$587.4M	407	9	0	0	0	32.7%	45
Q2 2023	$586.2M	398	46	120	177	38	32.8%	18
Q1 2023	$611.1M	390	75	113	153	64	41.7%	41
Q4 2022	$655.1M	379	139	123	63	19	45.6%	41
Q3 2022	$636.8M	259	28	87	89	42	68.4%	46
Q2 2022	$636.1M	273	49	51	134	167	69.6%	41
Q1 2022	$634.7M	391	38	135	147	54	28.6%	46
Q4 2021	$677.9M	407	74	158	115	43	27.9%	24
Q3 2021	$564.8M	376	102	112	139	20	28.8%	43
Q2 2021	$500.7M	294	38	141	100	26	29.4%	15
Q1 2021	$425.0M	282	58	66	145	29	29.5%	43
Q4 2020	$407.7M	253	37	56	153	23	29.8%	47
Q3 2020	$406.2M	239	36	75	123	29	26.9%	47
Q2 2020	$433.6M	232	210	17	2	8	27.7%	41
Q1 2020	$65.4M	30	2	8	19	209	91.0%	43
Q4 2019	$346.8M	237	54	77	103	42	37.5%	45
Q3 2019	$303.2M	225	42	94	85	34	20.1%	43
Q2 2019	$275.1M	217	129	43	44	27	21.6%	135
Q1 2019	$285.0M	115	39	29	43	13	80.4%	43
Q4 2018	$214.3M	89	12	8	69	167	84.0%	44
Q3 2018	$473.3M	244	0	0	0	0	26.8%	136

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.