DaveManuel.com · Institutional Ownership · 13F Holdings

Magnus Financial Group LLC

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

CIK

1765216

Reported value

$1.5B

Positions

413

Top 10 weight

36.8%

Filed

2026-10-21

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
SPDR SERIES TRUST	SPYV	$122.7M	2,006,798	8.20%	-0.10pp	27q	+3.9%+$4.6M
VANGUARD INDEX FDS	VUG	$78.3M	868,719	5.23%	+0.05pp	32q	+2.2%+$1.7M
ISHARES TR	IJH	$66.4M	923,327	4.44%	-0.44pp	32q	+3.2%+$2.1M
ISHARES INC	IEMG	$51.2M	631,041	3.42%	-0.14pp	32q	+3.8%+$1.9M
APPLE INC	AAPL	$46.5M	139,696	3.11%	+0.29pp	32q	+1.5%+$686.7K
ISHARES TR	IJR	$45.6M	335,520	3.05%	-0.38pp	32q	+2.4%+$1.1M
J P MORGAN EXCHANGE TRADED F	JEPQ	$35.2M	574,008	2.35%	flat	11q	+6.3%+$2.1M
FIRST TR EXCH TRADED FD III	FPE	$35.0M	2,052,183	2.34%	-0.14pp	32q	+4.7%+$1.6M
TORTOISE CAPITAL SERIES TRUS	TPYP	$35.0M	876,917	2.34%	-0.22pp	6q	+1.6%+$535.0K
AMERICAN CENTY ETF TR	AVDV	$34.0M	310,485	2.27%	+0.10pp	16q	+4.2%+$1.4M
ISHARES TR	IYF	$27.3M	217,557	1.83%	-0.08pp	26q	+2.6%+$702.2K
J P MORGAN EXCHANGE TRADED F	JCPB	$26.3M	587,909	1.76%	flat	11q	+10.6%+$2.5M
STATE STR SPDR S&P 500 ETF T	SPY	$21.6M	28,284	1.44%	-0.04pp	32q	+0.9%+$183.8K
ISHARES BITCOIN TRUST ETF	IBIT	$20.0M	422,761	1.34%	+0.39pp	9q	+4.7%+$893.3K
AMAZON COM INC	AMZN	$18.7M	74,931	1.25%	+0.01pp	32q	+1.8%+$325.1K
SPDR SERIES TRUST	SPYG	$18.1M	147,296	1.21%	-0.03pp	16q	HELD
JPMORGAN CHASE & CO	JPM	$18.1M	54,600	1.21%	-0.06pp	32q	HELD
ISHARES TR	IYR	$17.9M	188,158	1.20%	-0.12pp	26q	+3.5%+$597.0K
J P MORGAN EXCHANGE TRADED F	JPIE	$17.9M	397,837	1.19%	-0.02pp	16q	+6.7%+$1.1M
VANGUARD INDEX FDS	VOO	$17.6M	25,050	1.17%	+0.13pp	23q	+17.1%+$2.6M
MICROSOFT CORP	MSFT	$17.3M	33,723	1.16%	+0.33pp	32q	+8.0%+$1.3M
BITWISE BITCOIN ETF TR	BITB	$16.4M	360,534	1.09%	+0.36pp	7q	+11.5%+$1.7M
J P MORGAN EXCHANGE TRADED F	JMUB	$15.2M	320,495	1.02%	-0.02pp	12q	+10.6%+$1.5M
JOHN HANCOCK EXCHANGE TRADED	JHMD	$15.0M	338,287	1.00%	-0.05pp	16q	+0.9%+$133.4K
VANGUARD INTL EQUITY INDEX F	VWO	$14.6M	245,869	0.97%	-0.05pp	32q	+1.2%+$175.0K
ALPHABET INC	GOOGL	$14.6M	42,332	0.97%	-0.07pp	32q	+2.9%+$417.0K
J P MORGAN EXCHANGE TRADED F	JEPI	$14.5M	258,351	0.97%	-0.04pp	17q	+1.9%+$269.9K
NVIDIA CORPORATION	NVDA	$13.1M	57,508	0.88%	+0.13pp	15q	+9.1%+$1.1M
VANGUARD SCOTTSDALE FDS	VCSH	$13.1M	169,121	0.87%	+0.02pp	32q	+10.9%+$1.3M
CAPITAL GROUP DIVIDEND VALUE	CGDV	$12.9M	263,279	0.86%	-0.03pp	11q	+3.1%+$381.2K
INVESCO QQQ TR	QQQ	$12.3M	16,669	0.82%	-0.04pp	32q	HELD
FIRST TR EXCH TRADED FD III	FMNY	$11.8M	472,922	0.79%	-0.01pp	16q	+12.9%+$1.3M
VANGUARD MALVERN FDS	VTIP	$11.6M	235,075	0.77%	+0.07pp	32q	+18.9%+$1.8M
PALO ALTO NETWORKS INC	PANW	$11.0M	27,715	0.74%	+0.07pp	19q	HELD
VANGUARD ADMIRAL FDS INC	VOOG	$10.7M	125,353	0.72%	-0.04pp	27q	-2.6%-$290.3K
ISHARES TR	EFAV	$10.3M	113,250	0.69%	-0.01pp	27q	HELD
ALPHABET INC	GOOG	$10.0M	29,474	0.67%	-0.05pp	32q	+2.4%+$239.9K
VANGUARD WORLD FD	VGT	$9.7M	77,345	0.65%	flat	32q	HELD
AMPLIFY ETF TR	DIVO	$9.4M	201,152	0.63%	+0.02pp	21q	+7.7%+$669.7K
META PLATFORMS INC	META	$8.8M	12,191	0.59%	+0.12pp	32q	+2.7%+$230.6K
INVESCO EXCHANGE TRADED FD T	RSP	$8.7M	41,917	0.58%	-0.01pp	24q	+6.6%+$540.2K
KAYNE ANDERSON ENERGY INFRST	KYN	$8.5M	624,702	0.57%	+0.09pp	32q	+29.2%+$1.9M
EXXONMOBIL HOLDINGS CORP	XOM	$8.5M	52,049	0.57%	-	new	NEW
SELECT SECTOR SPDR TR	XLE	$8.3M	134,458	0.55%	+0.08pp	24q	+6.9%+$533.0K
TESLA INC	TSLA	$8.2M	23,153	0.55%	-0.13pp	27q	+1.8%+$146.5K
REAVES UTIL INCOME FD	UTG	$8.1M	234,914	0.54%	-0.15pp	32q	-1.6%-$131.1K
ELI LILLY & CO	LLY	$7.9M	6,808	0.53%	-0.03pp	32q	+3.1%+$234.9K
ISHARES TR	IVV	$7.8M	10,165	0.52%	+0.03pp	32q	+9.8%+$692.3K
SELECT SECTOR SPDR TR	XLI	$7.1M	42,233	0.47%	-0.04pp	31q	+7.2%+$470.9K
VANGUARD INTL EQUITY INDEX F	VGK	$7.0M	80,950	0.47%	-0.04pp	5q	-0.5%-$36.2K
BROADCOM INC	AVGO	$7.0M	19,815	0.47%	-0.06pp	32q	+0.8%+$52.7K
ISHARES TR	SOXX	$6.8M	11,912	0.45%	-0.09pp	19q	HELD
CAPITAL GROUP GROWTH ETF	CGGR	$6.7M	140,684	0.45%	flat	11q	+5.8%+$367.7K
BERKSHIRE HATHAWAY INC DEL	BRKB	$6.7M	13,380	0.45%	-0.01pp	32q	+3.3%+$214.1K
FLEXSHARES TR	QDF	$6.0M	66,967	0.40%	-0.02pp	29q	HELD
SELECT SECTOR SPDR TR	XLV	$6.0M	35,537	0.40%	+0.02pp	32q	+4.0%+$230.6K
VISA INC	V	$5.9M	16,312	0.39%	flat	32q	+1.2%+$69.4K
LAM RESEARCH CORP	LRCX	$5.8M	17,694	0.39%	-0.15pp	8q	+1.3%+$77.2K
GOLDMAN SACHS GROUP INC	GS	$5.5M	6,084	0.37%	-0.07pp	32q	HELD
PALANTIR TECHNOLOGIES INC	PLTR	$5.3M	28,409	0.36%	+0.13pp	18q	+4.3%+$219.0K
VANGUARD TAX-MANAGED FDS	VEA	$5.2M	73,421	0.35%	+0.01pp	32q	+10.4%+$489.0K
SELECT SECTOR SPDR TR	XLK	$5.2M	26,441	0.35%	flat	32q	+3.4%+$169.3K
JOHNSON & JOHNSON	JNJ	$5.1M	19,162	0.34%	+0.02pp	32q	+7.9%+$373.5K
VANECK ETF TRUST	GDX	$5.0M	56,770	0.33%	+0.09pp	11q	+23.5%+$949.4K
VANECK ETF TRUST	RAAX	$4.8M	119,825	0.32%	+0.04pp	19q	+21.8%+$855.1K
VANECK ETF TRUST	SMH	$4.5M	7,371	0.30%	-0.03pp	14q	+2.8%+$123.0K
VANGUARD INDEX FDS	VTV	$4.5M	20,709	0.30%	flat	32q	+6.8%+$286.1K
VANGUARD INDEX FDS	VB	$4.4M	15,483	0.29%	-0.03pp	20q	+1.1%+$48.4K
THERMO FISHER SCIENTIFIC INC	TMO	$4.2M	6,224	0.28%	+0.06pp	32q	+1.3%+$54.0K
FIRST TR EXCH TRADED FD III	FMB	$4.2M	87,328	0.28%	-0.03pp	26q	+1.6%+$67.2K
ENERGY TRANSFER L P	ETPRI	$4.2M	377,924	0.28%	-0.02pp	3q	+2.1%+$86.7K
ISHARES TR	IVE	$4.0M	17,732	0.27%	-0.01pp	31q	+1.8%+$71.7K
GLOBAL X FDS	PAVE	$4.0M	75,579	0.27%	-0.03pp	10q	+6.7%+$247.4K
ISHARES TR	IVW	$3.8M	27,030	0.26%	flat	32q	+1.9%+$70.4K
VANGUARD INDEX FDS	VO	$3.8M	47,978	0.25%	flat	22q	+7.3%+$254.9K
ISHARES TR	IWD	$3.7M	15,026	0.25%	-0.01pp	24q	HELD
CHEVRON CORPORATION	CVX	$3.7M	18,120	0.25%	+0.04pp	32q	+4.6%+$161.5K
SCHWAB STRATEGIC TR	SCHD	$3.5M	106,113	0.23%	+0.02pp	11q	+12.7%+$388.8K
ISHARES TR	ITOT	$3.1M	18,930	0.21%	+0.19pp	8q	+1233.1%+$2.9M
SELECT SECTOR SPDR TR	XLU	$3.1M	78,284	0.21%	-0.03pp	32q	+6.0%+$175.4K
LOCKHEED MARTIN CORP	LMT	$3.0M	5,807	0.20%	-0.01pp	28q	+1.8%+$51.9K
CATERPILLAR INC	CAT	$2.9M	3,554	0.19%	-0.07pp	25q	+3.0%+$82.7K
SPACE EXPLORATION TECHN CORP	SPCX	$2.8M	18,836	0.19%	+0.16pp	2q	+653.7%+$2.5M
SPDR GOLD TR	GLD	$2.8M	7,370	0.19%	flat	32q	HELD
WALMART INC	WMT	$2.8M	26,825	0.19%	-0.02pp	32q	+3.9%+$105.5K
ISHARES TR	NYF	$2.7M	53,871	0.18%	-0.03pp	20q	-5.0%-$144.7K
ISHARES TR	IEI	$2.7M	23,938	0.18%	-0.01pp	12q	+3.1%+$82.4K
DIMENSIONAL ETF TRUST	DFAC	$2.7M	60,582	0.18%	+0.13pp	15q	+278.2%+$2.0M
CROWDSTRIKE HLDGS INC	CRWD	$2.7M	10,044	0.18%	+0.03pp	8q	-8.4%-$242.5K
VANGUARD INDEX FDS	VOT	$2.7M	9,091	0.18%	-0.02pp	32q	HELD
ISHARES TR	IWF	$2.6M	21,127	0.18%	-0.01pp	32q	HELD
ISHARES TR	IYW	$2.6M	9,826	0.17%	flat	32q	HELD
BLACKSTONE INC	BX	$2.6M	23,045	0.17%	-0.01pp	23q	+2.7%+$67.5K
MICRON TECHNOLOGY INC	MU	$2.6M	2,419	0.17%	+0.01pp	6q	+20.6%+$440.0K
BOEING CO	BA	$2.5M	13,696	0.17%	-0.04pp	19q	-1.8%-$46.7K
SELECT SECTOR SPDR TR	XLP	$2.5M	31,253	0.17%	-0.01pp	22q	+1.1%+$27.8K
ISHARES TR	DVY	$2.4M	16,074	0.16%	-0.01pp	32q	+0.8%+$18.7K
VANGUARD INDEX FDS	VTI	$2.4M	6,525	0.16%	+0.02pp	30q	+23.3%+$461.1K
FIRST TR EXCHANGE TRADED FD	CIBR	$2.4M	23,362	0.16%	+0.02pp	12q	+7.7%+$172.2K
CAPITAL GRP FIXED INCM ETF T	CGCP	$2.3M	109,817	0.16%	-0.01pp	9q	+4.8%+$107.5K
ENTERPRISE PRODS PARTNERS L	EPD	$2.3M	64,925	0.15%	-0.01pp	32q	HELD
UNITEDHEALTH GROUP INC	UNH	$2.3M	6,283	0.15%	-0.03pp	32q	+2.1%+$48.5K
DISNEY WALT CO	DIS	$2.3M	21,586	0.15%	flat	32q	-0.9%-$20.6K
ISHARES TR	EEM	$2.2M	33,124	0.15%	-0.01pp	32q	HELD
VANGUARD INDEX FDS	VBR	$2.2M	9,508	0.15%	flat	24q	+12.2%+$238.2K
SERIES PORTFOLIOS TR	HEDG	$2.2M	70,529	0.14%	flat	4q	HELD
INVESCO EXCH TRADED FD TR II	KBWB	$2.2M	24,843	0.14%	-0.01pp	10q	+3.4%+$71.5K
FIRST TR EXCH TRADED FD III	FCAL	$2.1M	45,414	0.14%	-0.02pp	16q	+1.8%+$36.5K
ISHARES TR	MTUM	$2.1M	6,571	0.14%	-0.03pp	15q	-4.1%-$88.5K
ISHARES TR	IBB	$2.0M	9,472	0.13%	+0.02pp	17q	+10.7%+$192.8K
MORGAN STANLEY	MS	$2.0M	10,524	0.13%	-0.02pp	32q	+2.7%+$51.7K
COSTCO WHOLESALE CORPORATION	COST	$1.9M	2,060	0.13%	flat	22q	+5.2%+$91.9K
ABBVIE INC	ABBV	$1.8M	6,963	0.12%	flat	32q	+1.7%+$30.9K
BBB Foods Inc	TBBB	$1.8M	34,346	0.12%	-	new	NEW
DIMENSIONAL ETF TRUST	DFCF	$1.8M	45,046	0.12%	-	new	NEW
CORNING INC	GLW	$1.8M	11,559	0.12%	-0.10pp	8q	-5.0%-$93.9K
RTX CORPORATION	RTX	$1.7M	9,360	0.12%	-0.01pp	22q	+3.2%+$54.0K
UNION PAC CORP	UNP	$1.7M	6,358	0.12%	-0.01pp	20q	+0.7%+$12.8K
ISHARES TR	USXF	$1.7M	24,721	0.11%	-0.01pp	12q	HELD
JOHN HANCOCK EXCHANGE TRADED	JHMM	$1.7M	23,479	0.11%	-0.01pp	32q	HELD
FIDELITY MERRIMACK STR TR	FBND	$1.7M	38,695	0.11%	-	new	NEW
SELECT SECTOR SPDR TR	XLC	$1.7M	14,987	0.11%	flat	10q	+2.5%+$39.8K
SELECT SECTOR SPDR TR	XLF	$1.6M	30,427	0.11%	flat	32q	+5.7%+$87.3K
NETFLIX INC.	NFLX	$1.6M	23,308	0.11%	flat	32q	+5.9%+$89.8K
PEPSICO INC	PEP	$1.6M	12,786	0.11%	-0.02pp	32q	-1.0%-$16.1K
VANGUARD WORLD FD	VFH	$1.6M	12,390	0.11%	-0.01pp	32q	HELD
LXP INDUSTRIAL TRUST	LXP	$1.6M	26,031	0.11%	+0.01pp	4q	+2.5%+$39.0K
TEVA PHARMACEUTICAL INDS LTD	TEVA	$1.6M	39,596	0.10%	-	new	NEW
AMERICAN EXPRESS CO	AXP	$1.5M	5,085	0.10%	-0.01pp	32q	+4.7%+$68.7K
VANGUARD BD INDEX FDS	VUSB	$1.5M	30,675	0.10%	+0.08pp	2q	+453.7%+$1.2M
BANK OF AMER CORP	BAC	$1.5M	27,450	0.10%	flat	32q	+11.6%+$155.3K
HOME DEPOT INC	HD	$1.5M	5,194	0.10%	-0.05pp	32q	-13.9%-$237.8K
WILLIAMS COS INC	WMB	$1.4M	21,002	0.10%	-0.01pp	27q	HELD
MCDONALDS CORP	MCD	$1.4M	6,079	0.09%	-0.03pp	22q	-2.4%-$34.0K
SELECT SECTOR SPDR TR	XLY	$1.4M	12,746	0.09%	-0.01pp	32q	HELD
VANGUARD WHITEHALL FDS	VYM	$1.4M	8,862	0.09%	-0.01pp	32q	HELD
INVESCO ACTVELY MNGD ETC FD	PDBC	$1.4M	70,489	0.09%	+0.01pp	12q	HELD
BANK OF AMER CORP	BACPRL	$1.4M	1,109	0.09%	-0.01pp	20q	HELD
MERCK & CO INC	MRK	$1.3M	9,265	0.09%	+0.02pp	32q	+26.0%+$278.1K
WISDOMTREE TR	DGRW	$1.3M	13,431	0.09%	-	new	NEW
COLUMBIA ETF TR I	RECS	$1.3M	28,910	0.09%	-	new	NEW
FIRST TR EXCHNG TRADED FD VI	EIPI	$1.3M	60,917	0.09%	-0.01pp	10q	HELD
VANGUARD INDEX FDS	VOE	$1.3M	6,586	0.09%	-0.01pp	24q	+0.5%+$7.0K
ISHARES TR	DGRO	$1.3M	16,916	0.09%	flat	30q	+4.1%+$50.1K
ISHARES TR	SCZ	$1.3M	15,019	0.08%	flat	32q	+1.3%+$16.4K
WELLS FARGO & CO	WFCPRL	$1.2M	1,142	0.08%	-0.01pp	12q	HELD
BLACKROCK ETF TRUST	DYNF	$1.2M	17,770	0.08%	-	new	NEW
CISCO SYS INC	CSCO	$1.2M	11,332	0.08%	-0.01pp	32q	+1.4%+$17.2K
SCHWAB STRATEGIC TR	SCHG	$1.2M	33,643	0.08%	flat	21q	-1.8%-$22.4K
ADVANCED MICRO DEVICES INC	AMD	$1.2M	1,962	0.08%	-0.03pp	4q	-27.2%-$447.8K
GE AEROSPACE	GE	$1.2M	3,840	0.08%	-0.02pp	15q	+2.6%+$30.3K
COCA COLA CO	KO	$1.2M	13,803	0.08%	+0.01pp	32q	+8.7%+$95.3K
COPART INC	CPRT	$1.2M	43,184	0.08%	-	new	NEW
ALIBABA GROUP HLDG LTD	BABA	$1.2M	10,851	0.08%	+0.01pp	19q	+1.0%+$11.3K
VERTIV HOLDINGS CO	VRT	$1.2M	4,814	0.08%	-0.03pp	5q	+9.4%+$99.4K
GLOBAL X FDS	AIQ	$1.1M	17,528	0.08%	flat	6q	HELD
VANGUARD STAR FDS	VXUS	$1.1M	13,425	0.08%	+0.04pp	24q	+98.7%+$566.5K
STATE STR SPDR DOW JONES IND	DIA	$1.1M	2,218	0.08%	-0.01pp	19q	HELD
SCHWAB STRATEGIC TR	SCHB	$1.1M	38,020	0.07%	+0.01pp	6q	+15.8%+$151.8K
SIMPLIFY EXCHANGE TRADED FUN	KNRG	$1.1M	44,271	0.07%	-0.01pp	3q	+0.7%+$7.4K
JANUS DETROIT STR TR	JAAA	$1.1M	21,738	0.07%	-0.04pp	12q	-28.7%-$441.3K
WASTE MGMT INC DEL	WM	$1.1M	5,267	0.07%	-0.01pp	32q	+0.9%+$9.4K
HARTFORD FDS EXCHANGE TRADED	HMOP	$1.1M	29,108	0.07%	-0.01pp	20q	-2.9%-$32.5K
INTEL CORP	INTC	$1.1M	8,832	0.07%	flat	5q	+14.9%+$137.4K
HONEYWELL INTL INC	HON	$1.1M	4,986	0.07%	-0.02pp	2q	-7.5%-$85.6K
PHILIP MORRIS INTL INC	PM	$1.0M	5,373	0.07%	flat	8q	+3.3%+$32.6K
EA SERIES TRUST	FRDM	$1.0M	14,615	0.07%	-0.01pp	16q	-1.1%-$11.9K
ISHARES TR	PFF	$1.0M	34,377	0.07%	-	new	NEW
INVESCO EXCHANGE TRADED FD T	PGF	$1.0M	79,164	0.07%	-0.02pp	15q	-9.7%-$108.7K
GE VERNOVA INC	GEV	$1.0M	1,057	0.07%	-0.03pp	9q	-7.6%-$82.7K
NU HLDGS LTD	NU	$999.6K	78,957	0.07%	-0.01pp	10q	HELD
VANGUARD INDEX FDS	VNQ	$970.7K	10,830	0.06%	-0.01pp	32q	+3.5%+$33.0K
FIRST TR EXCHANGE-TRADED FD	EMLP	$948.8K	23,148	0.06%	-0.01pp	20q	-2.1%-$20.0K
ORACLE CORP	ORCL	$948.0K	6,905	0.06%	-0.02pp	19q	-9.3%-$97.5K
SPROTT ASSET MANAGEMENT LP	PHYS	$946.3K	30,261	0.06%	flat	3q	HELD
ISHARES TR	XVV	$938.2K	16,092	0.06%	flat	11q	HELD
GLOBAL X FDS	COPX	$926.6K	10,940	0.06%	+0.01pp	3q	+20.0%+$154.5K
ETF SER SOLUTIONS	OPER	$910.2K	9,093	0.06%	-0.03pp	23q	-25.6%-$313.4K
MASTERCARD INCORPORATED	MA	$909.5K	1,649	0.06%	+0.01pp	32q	+8.3%+$69.5K
FIRST TR EXCH TRADED FD III	FPEI	$908.8K	49,282	0.06%	-0.01pp	19q	+1.0%+$8.7K
PFIZER INC	PFE	$906.5K	31,786	0.06%	+0.01pp	32q	+1.1%+$9.6K
SELECT SECTOR SPDR TR	XLRE	$903.8K	22,092	0.06%	-0.01pp	32q	-1.9%-$17.1K
ROBINHOOD MKTS INC	HOOD	$902.5K	8,022	0.06%	flat	7q	-3.0%-$28.2K
ISHARES TR	DMXF	$901.7K	10,652	0.06%	flat	11q	HELD
DEERE CO	DE	$897.4K	1,336	0.06%	flat	32q	+1.4%+$12.8K
UNITED RENTALS INC	URI	$896.9K	896	0.06%	flat	12q	+14.6%+$114.1K
VANGUARD SPECIALIZED FUNDS	VIG	$879.1K	3,768	0.06%	flat	32q	+1.5%+$12.6K
PHILLIPS 66	PSX	$877.4K	3,437	0.06%	+0.03pp	19q	+22.3%+$160.1K
PNC FINL SVCS GROUP INC	PNC	$873.3K	3,929	0.06%	flat	30q	+18.8%+$138.0K
ISHARES TR	IEFA	$868.4K	8,964	0.06%	flat	21q	+2.8%+$23.6K
INVESCO EXCH TRADED FD TR II	SPLV	$857.2K	12,158	0.06%	-0.01pp	31q	HELD
HONEYWELL AEROSPACE INC	HONA	$850.3K	5,487	0.06%	-0.03pp	2q	+2.5%+$20.8K
ISHARES GOLD TR	IAU	$844.0K	10,807	0.06%	+0.01pp	7q	+26.7%+$177.7K
NEOS ETF TRUST	SPYI	$834.4K	15,693	0.06%	+0.03pp	5q	+104.8%+$427.0K
IMMUNOME INC	IMNM	$833.7K	38,759	0.06%	-0.01pp	23q	-7.2%-$64.5K
EATON CORP PLC	ETN	$822.3K	1,914	0.05%	flat	5q	+5.9%+$45.5K
ISHARES TR	IAGG	$813.5K	16,535	0.05%	-	new	NEW
ISHARES TR	ACWX	$807.3K	10,675	0.05%	flat	25q	+9.2%+$67.8K
TAIWAN SEMICONDUCTOR MANUFAC	TSM	$794.5K	1,742	0.05%	flat	5q	+8.3%+$61.1K
VANGUARD INDEX FDS	VBK	$790.9K	2,341	0.05%	-0.01pp	32q	HELD
ISHARES TR	SGOV	$782.8K	7,775	0.05%	-0.03pp	2q	-36.0%-$440.7K
BERKSHIRE HATHAWAY INC DEL	BRKA	$747.0K	1	0.05%	flat	7q	HELD
ISHARES TR	IWN	$738.4K	3,525	0.05%	-0.01pp	32q	+1.4%+$10.5K
ISHARES TR	XJR	$719.7K	14,909	0.05%	-0.01pp	11q	HELD
CITIGROUP INC	C	$709.2K	5,477	0.05%	flat	13q	+12.9%+$80.8K
WISDOMTREE TR	USFR	$709.2K	14,074	0.05%	flat	18q	-0.6%-$4.6K
VANGUARD ADMIRAL FDS INC	VOOV	$702.3K	3,187	0.05%	flat	26q	+1.3%+$9.0K
COREWEAVE INC	CRWV	$700.5K	8,040	0.05%	flat	6q	+10.0%+$63.9K
FIRST TR INTER DURATN PFD &	FPF	$693.0K	43,288	0.05%	-0.01pp	12q	-1.2%-$8.7K
PIMCO EQUITY SER	MFDX	$691.8K	16,709	0.05%	-	new	NEW
T ROWE PRICE EXCHANGE-TRADED	TFLR	$690.5K	13,674	0.05%	-	new	NEW
LUMENTUM HLDGS INC	LITE	$687.7K	708	0.05%	flat	4q	-5.9%-$42.7K
BLACKROCK ETF TRUST	BDYN	$686.2K	24,646	0.05%	flat	5q	+7.1%+$45.7K
ISHARES TR	IWP	$685.8K	4,981	0.05%	-0.01pp	32q	-0.7%-$4.5K
AT&T INC	T	$679.8K	27,860	0.05%	+0.01pp	32q	+1.7%+$11.2K
CONSOLIDATED EDISON INC	ED	$672.9K	6,584	0.04%	-0.01pp	32q	+2.3%+$15.3K
ISHARES TR	ESGU	$671.8K	4,028	0.04%	+0.01pp	26q	+48.2%+$218.5K
UBER TECHNOLOGIES INC	UBER	$670.9K	9,792	0.04%	flat	12q	+6.8%+$42.9K
ROYAL BK CDA	RY	$668.8K	3,402	0.04%	-0.01pp	10q	HELD
INTERNATIONAL BUSINESS MACHS	IBM	$665.8K	3,027	0.04%	-0.01pp	19q	+2.8%+$18.0K
ISHARES TR	ACWI	$665.4K	4,191	0.04%	flat	19q	HELD
WELLS FARGO & CO	WFC	$665.1K	8,309	0.04%	flat	19q	+20.9%+$115.0K
QUALCOMM INC	QCOM	$650.0K	3,532	0.04%	flat	19q	+5.2%+$31.8K
FIRST TR EXCHANGE TRAD FD VI	FTGC	$648.6K	21,203	0.04%	flat	21q	HELD
VANGUARD BD INDEX FDS	BND	$647.8K	9,235	0.04%	flat	5q	+13.8%+$78.8K
SERVICENOW INC	NOW	$639.5K	4,772	0.04%	+0.01pp	14q	-0.8%-$5.0K
ISHARES TR	EFA	$638.6K	6,147	0.04%	flat	32q	+11.7%+$67.1K
MARATHON PETE CORP	MPC	$636.2K	1,609	0.04%	+0.02pp	3q	+24.2%+$123.8K
PROCTER & GAMBLE CO	PG	$620.1K	4,268	0.04%	flat	32q	+3.7%+$22.2K
ISHARES TR	DSI	$619.1K	4,235	0.04%	flat	19q	-3.7%-$24.0K
NEOS ETF TRUST	QQQI	$606.7K	10,921	0.04%	+0.01pp	6q	+39.9%+$172.9K
LEGG MASON ETF INVT	LVHI	$593.9K	14,239	0.04%	flat	27q	HELD
MPLX LP	MPLX	$592.3K	10,516	0.04%	flat	7q	+2.8%+$16.0K
INVESCO EXCH TRADED FD TR II	SPHD	$589.8K	12,241	0.04%	flat	27q	HELD
ISHARES TR	IWM	$587.3K	2,113	0.04%	-0.01pp	13q	HELD
ISHARES TR	ITA	$577.7K	2,788	0.04%	-0.01pp	10q	+0.8%+$4.4K
SPDR SERIES TRUST	FLRN	$577.4K	18,721	0.04%	-	new	NEW
BANK NOVA SCOTIA B C	BNS	$573.7K	6,315	0.04%	flat	16q	-1.5%-$8.9K
ISHARES TR	IBHF	$571.7K	25,376	0.04%	flat	3q	-0.5%-$3.1K
TRANE TECHNOLOGIES PLC	TT	$567.7K	1,256	0.04%	-0.01pp	11q	+0.7%+$4.1K
VANGUARD INTL EQUITY INDEX F	VEU	$566.4K	6,826	0.04%	-	new	NEW
TJX COS INC NEW	TJX	$556.3K	4,205	0.04%	-0.01pp	16q	-3.0%-$17.3K
ISHARES TR	IUSG	$554.3K	2,861	0.04%	flat	16q	-6.0%-$35.3K
ISHARES TR	XJH	$552.0K	11,317	0.04%	flat	11q	HELD
ISHARES TR	VLUE	$549.4K	2,775	0.04%	flat	3q	HELD
ENERGY TRANSFER L P	ET	$524.3K	26,521	0.04%	flat	15q	-1.5%-$8.1K
ISHARES TR	IYE	$518.1K	7,996	0.03%	flat	23q	HELD
FIRST TR HIGH YIELD OPPRT 20	FTHY	$516.7K	40,212	0.03%	-0.03pp	9q	-37.6%-$312.0K
NEXTERA ENERGY INC	NEE	$512.8K	6,770	0.03%	-0.01pp	32q	+1.0%+$4.9K
AMGEN INC	AMGN	$506.3K	1,201	0.03%	flat	10q	-16.0%-$96.1K
SPDR SERIES TRUST	SDY	$499.6K	3,411	0.03%	flat	19q	HELD
NUCOR CORP	NUE	$491.4K	2,102	0.03%	flat	21q	+3.4%+$16.1K
BANK OF MONTREAL	BMO	$489.2K	2,925	0.03%	-0.01pp	24q	-3.6%-$18.4K
STARBUCKS CORP	SBUX	$488.5K	5,199	0.03%	flat	32q	+9.7%+$43.1K
SPDR SERIES TRUST	KBE	$486.8K	7,701	0.03%	flat	11q	HELD
CHICAGO ATLANTIC REAL ESTATECOM	REFI	$483.4K	48,239	0.03%	flat	8q	+21.1%+$84.4K
FREEPORT-MCMORAN INC	FCX	$480.7K	6,868	0.03%	flat	6q	+10.2%+$44.7K
TEXAS INSTRS INC	TXN	$480.6K	1,716	0.03%	flat	28q	+5.5%+$24.9K
ROUNDHILL ETF TRUST	DRAM	$470.8K	7,800	0.03%	flat	2q	+16.0%+$64.9K
BLACKROCK MUN TARGET TERM TR	BTT	$469.6K	21,504	0.03%	flat	17q	HELD
APPLIED MATLS INC	AMAT	$469.4K	918	0.03%	-0.01pp	3q	+10.2%+$43.5K
MARRIOTT INTL INC NEW	MAR	$464.6K	1,306	0.03%	flat	14q	+1.2%+$5.3K
KRANESHARES TRUST	KWEB	$463.4K	18,907	0.03%	flat	10q	-4.0%-$19.3K
SHERWIN WILLIAMS CO	SHW	$459.5K	1,421	0.03%	flat	25q	+1.0%+$4.5K
ARES CAPITAL CORP	ARCC	$456.1K	23,881	0.03%	flat	8q	+2.5%+$11.1K
ISHARES TR	IWR	$442.5K	4,147	0.03%	flat	12q	HELD
ISHARES TR	OEF	$441.7K	1,156	0.03%	flat	12q	HELD
DIMENSIONAL ETF TRUST	DFEM	$439.5K	11,066	0.03%	-	new	NEW
JOHN HANCOCK EXCHANGE TRADED	JHSC	$438.3K	9,644	0.03%	flat	16q	-1.6%-$7.0K
LOWES COS INC	LOW	$437.4K	2,373	0.03%	-0.01pp	32q	+1.0%+$4.2K
ALPHABET INC CAP STK CL C CALL	GOOGL	$430.0K	options only	0.03%	flat	8q	OPTIONS
ISHARES TR	QUAL	$415.7K	1,870	0.03%	flat	20q	-4.5%-$19.8K
COHEN & STEERS REIT & PFD &	RNP	$414.4K	22,218	0.03%	flat	27q	HELD
BLACKROCK INC	BLK	$412.3K	390	0.03%	flat	8q	-3.9%-$16.9K
TOTALENERGIES SE	TTE	$410.4K	4,800	0.03%	-0.01pp	4q	-25.1%-$137.3K
ALTRIA GROUP INC	MO	$402.1K	5,972	0.03%	flat	7q	+1.0%+$4.1K
NOVARTIS AG	NVS	$401.7K	2,817	0.03%	flat	16q	+1.3%+$5.0K
STRATEGY INC	MSTR	$395.7K	2,585	0.03%	+0.01pp	11q	-3.2%-$13.2K
VANGUARD INDEX FDS	VV	$393.3K	1,118	0.03%	-	new	NEW
EOG RES INC	EOG	$393.3K	2,855	0.03%	flat	23q	HELD
CAMECO CORP	CCJ	$390.0K	4,500	0.03%	-0.01pp	4q	-5.2%-$21.3K
META PLATFORMS INC CALL	META	$389.4K	options only	0.03%	+0.01pp	4q	OPTIONS
SEAGATE TECHNOLOGY HLDNGS PL	STX	$388.3K	421	0.03%	flat	2q	+8.5%+$30.4K
GOLDMAN SACHS ETF TR	GCAL	$388.3K	8,006	0.03%	flat	5q	-4.6%-$18.5K
ETFIS SER TR I	PFFA	$387.3K	19,613	0.03%	flat	7q	HELD
TEMPUS AI INC	TEM	$386.6K	4,720	0.03%	+0.01pp	3q	HELD
WESTERN MIDSTREAM PARTNERS L	WES	$381.3K	8,594	0.03%	flat	3q	+29.2%+$86.2K
MARVELL TECHNOLOGY INC	MRVL	$378.9K	1,434	0.03%	flat	2q	+13.9%+$46.2K
AMERICAN CENTY ETF TR	AVUS	$377.2K	2,945	0.03%	flat	28q	HELD
FAIR ISAAC CORP	FICO	$373.3K	630	0.02%	-0.03pp	32q	HELD
TAKE-TWO INTERACTIVE SOFTWAR	TTWO	$370.4K	1,785	0.02%	-0.01pp	2q	-10.2%-$41.9K
METLIFE INC	MET	$368.1K	3,909	0.02%	-	new	NEW
NEBIUS GROUP N.V.	NBIS	$366.6K	1,554	0.02%	flat	2q	+13.5%+$43.6K
ISHARES IBONDS OCT 2031 TERM TIPS ETF	IBIH	$364.4K	14,570	0.02%	-	new	NEW
GRAYSCALE BITCOIN TRUST ETF	GBTC	$364.2K	5,638	0.02%	+0.01pp	11q	HELD
ABBOTT LABORATORIES	ABT	$363.8K	3,681	0.02%	flat	32q	+0.9%+$3.3K
ISHARES TR	MUB	$361.7K	3,578	0.02%	flat	12q	+19.2%+$58.2K
KINDER MORGAN INC DEL	KMI	$361.5K	11,990	0.02%	flat	24q	+5.9%+$20.2K
TRAVELERS COMPANIES INC	TRV	$358.3K	1,005	0.02%	flat	9q	+1.3%+$4.6K
SWARMER INC	SWMR	$356.6K	20,000	0.02%	-0.04pp	2q	HELD
CENTRUS ENERGY CORP	LEU	$352.9K	2,530	0.02%	flat	6q	+12.4%+$39.1K
TAPESTRY INC	TPR	$346.5K	3,012	0.02%	-0.01pp	7q	+1.7%+$5.6K
AMPLIFY ETF TR SEYMOUR CANB ETF	CNBS	$345.6K	13,227	0.02%	flat	6q	+2.3%+$7.8K
SCHWAB STRATEGIC TR	SCHF	$345.0K	12,561	0.02%	flat	3q	+31.0%+$81.6K
ISHARES TR	IYM	$344.9K	1,936	0.02%	flat	7q	-11.3%-$43.8K
DIMENSIONAL ETF TRUST	DFAW	$340.3K	4,134	0.02%	-	new	NEW
WAYFAIR INC	W	$339.9K	3,314	0.02%	flat	5q	HELD
INTUIT	INTU	$339.0K	1,230	0.02%	flat	32q	+6.3%+$20.1K
SHOPIFY INC	SHOP	$338.6K	2,283	0.02%	flat	8q	-3.5%-$12.5K
ISHARES TR	IDV	$337.9K	8,009	0.02%	flat	4q	-4.5%-$15.8K
ISHARES TR	IWS	$336.0K	2,090	0.02%	flat	19q	+1.1%+$3.7K
RLJ LODGING TR	RLJPRA	$334.2K	13,900	0.02%	+0.01pp	2q	+59.8%+$125.0K
BANK OF NY MELLON CORP	BNY	$330.4K	2,284	0.02%	flat	5q	+5.2%+$16.2K
ISHARES TR	IBII	$330.1K	13,445	0.02%	-	new	NEW
GENERAL MTRS CO	GM	$327.2K	4,250	0.02%	flat	4q	-3.0%-$10.0K
GENERATE BIOMEDICINES INC	GENB	$326.7K	21,750	0.02%	flat	2q	+39.4%+$92.4K
NICOLET BANKSHARES INC	NIC	$325.5K	1,997	0.02%	flat	3q	HELD
ISHARES TR	IBIF	$322.7K	12,701	0.02%	-	new	NEW
PLAINS ALL AMERN PIPELINE L	PAA	$322.3K	13,588	0.02%	flat	9q	-1.8%-$6.1K
INTUITIVE SURGICAL INC	ISRG	$321.6K	791	0.02%	flat	15q	+1.4%+$4.5K
EQT Corp	EQT	$320.9K	6,608	0.02%	flat	7q	+5.9%+$17.9K
EMERSON ELEC CO	EMR	$318.4K	2,053	0.02%	flat	13q	+3.9%+$12.1K
ISHARES TR	IBIG	$317.7K	12,624	0.02%	-	new	NEW
ISHARES TR	SUSA	$316.8K	2,035	0.02%	flat	11q	HELD
ISHARES TR	AGG	$316.2K	3,344	0.02%	+0.01pp	9q	+46.7%+$100.6K
SPDR SERIES TRUST	SPYM	$314.3K	3,501	0.02%	-	new	NEW
DELL TECHNOLOGIES INC	DELL	$311.7K	579	0.02%	flat	2q	+9.2%+$26.4K
BRISTOL-MYERS SQUIBB CO	BMY	$311.5K	4,992	0.02%	flat	9q	-8.7%-$29.6K
EQUINIX INC	EQIX	$311.5K	308	0.02%	flat	14q	+2.7%+$8.1K
PROSHARES TR	SPXU	$311.1K	8,940	0.02%	-	new	NEW
ABRDN PRECIOUS METALS BASKET	GLTR	$303.7K	1,630	0.02%	flat	4q	+3.4%+$9.9K
ISHARES TR	SHY	$301.4K	3,712	0.02%	-0.01pp	16q	-30.4%-$131.7K
ISHARES TR	IFRA	$301.0K	5,470	0.02%	flat	8q	HELD
AGNC INVT CORP	AGNC	$299.0K	32,967	0.02%	-0.01pp	9q	+0.8%+$2.3K
PBF ENERGY INC	PBF	$291.5K	3,788	0.02%	-	new	NEW
FIRST TR EXCHANGE-TRADED FD	ROBT	$289.2K	4,883	0.02%	flat	2q	+23.4%+$54.9K
DEUTSCHE BK AG	DB	$288.1K	8,028	0.02%	flat	6q	HELD
LIVE NATION ENTERTAINMENT IN	LYV	$282.1K	1,666	0.02%	flat	8q	HELD
PRUDENTIAL FINL INC	PRU	$280.8K	2,472	0.02%	flat	24q	+4.8%+$12.8K
HSBC HLDGS PLC	HSBC	$280.4K	2,823	0.02%	flat	2q	+1.3%+$3.6K
AMAZON COM INC CALL	AMZN	$279.8K	options only	0.02%	flat	8q	OPTIONS
ASTRAZENECA PLC	AZN	$278.4K	1,724	0.02%	-0.01pp	3q	-8.2%-$24.7K
ISHARES TR	INTF	$277.7K	6,689	0.02%	flat	3q	+23.1%+$52.1K
SNDL INC	SNDL	$277.7K	215,246	0.02%	flat	10q	-6.1%-$18.1K
ALPS ETF TR	SMTH	$276.6K	11,270	0.02%	-	new	NEW
SPDR SERIES TRUST	XHB	$273.8K	2,851	0.02%	flat	12q	+3.7%+$9.7K
TARGET CORP	TGT	$273.6K	1,746	0.02%	flat	2q	-2.2%-$6.3K
ISHARES TR	IXUS	$272.4K	2,867	0.02%	flat	9q	+3.5%+$9.3K
CHATHAM LODGING TR	CLDT	$271.5K	20,295	0.02%	flat	2q	+2.3%+$6.1K
KRANESHARES TRUST	IVOL	$269.1K	16,084	0.02%	flat	23q	HELD
WW GRAINGER INC	GWW	$263.6K	212	0.02%	flat	4q	+5.5%+$13.7K
GOLUB CAP BDC INC	GBDC	$262.3K	20,771	0.02%	flat	5q	+0.8%+$2.0K
APPLE INC CALL	AAPL	$261.8K	options only	0.02%	-	new	OPTIONS
VERIZON COMMUNICATIONS INC	VZ	$261.6K	5,704	0.02%	flat	32q	+2.5%+$6.3K
GRANITESHARES ETF TR	NVDL	$260.6K	7,100	0.02%	flat	6q	-5.3%-$14.7K
PIMCO ETF TR	PYLD	$260.3K	10,253	0.02%	-	new	NEW
DIMENSIONAL ETF TRUST	DFIP	$259.4K	6,641	0.02%	-	new	NEW
ENBRIDGE INC	ENB	$259.2K	5,576	0.02%	flat	5q	HELD
VALERO ENERGY CORP	VLO	$257.8K	665	0.02%	-	new	NEW
BLACKROCK ETF TRUST	BDVL	$257.3K	9,851	0.02%	flat	5q	-14.6%-$44.0K
SPDR SERIES TRUST	KRE	$256.9K	3,700	0.02%	flat	8q	-7.5%-$20.7K
FLEXSHARES TR	GUNR	$252.7K	4,791	0.02%	flat	5q	+0.7%+$1.7K
SHARKNINJA INC	SN	$252.3K	1,401	0.02%	flat	2q	HELD
INVESCO EXCH TRADED FD TR II	QQQM	$246.0K	807	0.02%	-	new	NEW
SLB LIMITED	SLB	$245.8K	5,046	0.02%	flat	3q	+9.2%+$20.7K
ANNALY CAPITAL MANAGEMENT IN	NLY	$241.5K	12,784	0.02%	flat	7q	HELD
STATE STR SPDR S&P MIDCAP 40	MDY	$241.4K	368	0.02%	flat	8q	+3.1%+$7.2K
WELLTOWER INC	WELL	$239.3K	1,039	0.02%	flat	2q	HELD
VANECK ETF TRUST	GDXJ	$236.9K	2,079	0.02%	-	new	NEW
SELECT SECTOR SPDR TR	XLB	$234.8K	4,822	0.02%	flat	19q	-2.5%-$5.9K
NORTHROP GRUMMAN CORP	NOC	$233.9K	484	0.02%	flat	9q	+1.0%+$2.4K
PROSHARES TR	SSO	$231.3K	3,337	0.02%	flat	2q	HELD
AEROVIRONMENT INC	AVAV	$230.0K	1,617	0.02%	flat	6q	-2.6%-$6.3K
ISHARES TR	IUSB	$229.9K	5,215	0.02%	flat	2q	+3.8%+$8.4K
PROSHARES TR	NOBL	$229.7K	4,245	0.02%	flat	17q	HELD
CAPITAL ONE FINL CORP	COF	$228.3K	1,182	0.02%	flat	5q	+2.9%+$6.4K
VANGUARD WORLD FD	MGK	$227.5K	2,456	0.02%	-	new	NEW
ISHARES TR	HEZU	$227.0K	4,686	0.02%	flat	6q	+1.7%+$3.9K
AMPHENOL CORP	APH	$225.1K	2,670	0.02%	-	new	NEW
ISHARES SILVER TR	SLV	$225.0K	4,127	0.02%	-0.01pp	4q	-37.5%-$134.9K
UNITED AIRLS HLDGS INC	UAL	$224.1K	2,020	0.01%	flat	2q	+2.2%+$4.8K
FIRST TR EXCHNG TRADED FD VI	FIXD	$224.0K	5,428	0.01%	flat	2q	+13.6%+$26.8K
WISDOMTREE TR	DDWM	$220.8K	4,838	0.01%	-	new	NEW
FRANKLIN TEMPLETON ETF TR	FLMI	$220.3K	9,447	0.01%	-	new	NEW
iShares Tr	SHV	$220.2K	1,996	0.01%	-0.01pp	4q	-25.3%-$74.5K
NORTHERN LTS FD TR IV	SECT	$219.6K	3,069	0.01%	flat	2q	HELD
AMERIPRISE FINL INC	AMP	$218.1K	443	0.01%	-	new	NEW
VANGUARD MUN BD FDS	VTEB	$216.9K	4,579	0.01%	-0.01pp	10q	-32.8%-$105.8K
THOR INDS INC	THO	$215.8K	3,123	0.01%	flat	26q	HELD
MONDELEZ INTL INC	MDLZ	$214.5K	3,709	0.01%	flat	32q	+1.2%+$2.6K
PUBLIC SVC ENTERPRISE GROUP	PEG	$212.7K	3,159	0.01%	flat	11q	+0.9%+$1.9K
BECTON DICKINSON CO	BDX	$212.2K	1,186	0.01%	-	new	NEW
SANDISK CORP	SNDK	$210.9K	121	0.01%	-0.01pp	2q	-0.8%-$1.7K
INTERCONTINENTAL EXCHANGE IN	ICE	$207.9K	1,367	0.01%	-	new	NEW
ARCHER DANIELS MIDLAND CO	ADM	$207.8K	2,618	0.01%	-	new	NEW
PAYCHEX INC	PAYX	$205.8K	2,089	0.01%	-	new	NEW
VERSIGENT PLC	VGNT	$205.0K	4,562	0.01%	-	new	NEW
MICROCHIP TECHNOLOGY INC.	MCHP	$205.0K	2,636	0.01%	flat	2q	+2.7%+$5.4K
GLOBAL X FDS	DTCR	$203.6K	7,500	0.01%	-	new	NEW
ONEOK INC NEW	OKE	$203.4K	2,386	0.01%	-	new	NEW

Showing the largest 400 of 413 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
Software & IT Services	$66.8M	4.5%
Computer Hardware	$60.8M	4.1%
Capital Markets	$53.6M	3.6%
Funds & ETFs	$42.4M	2.8%
Semiconductors & Electronics	$32.8M	2.2%
Retail & Consumer	$32.4M	2.2%
Banks & Lending	$27.9M	1.9%
Other sectors	$122.4M	8.2%
Not classified	$1.1B	70.6%

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	+0.3%	+2.1%	-1.8%	99%
Q2 2026	+10.3%	+14.8%	-4.5%	100%
Q1 2026	-2.1%	-4.6%	+2.5%	100%
Q4 2025	+1.4%	+2.4%	-0.9%	100%
Q3 2025	+6.8%	+7.8%	-1.0%	100%
Q2 2025	+6.8%	+10.5%	-3.6%	100%
Q1 2025	+2.6%	-4.6%	+7.1%	100%
Q4 2024	+0.4%	+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	$1.5B	413	50	211	73	28	36.8%	21
Q2 2026	$1.4B	391	45	179	83	27	37.7%	9
Q1 2026	$1.2B	373	28	98	175	74	37.2%	10
Q4 2025	$1.3B	419	43	205	110	26	34.5%	7
Q3 2025	$1.3B	402	38	189	90	17	34.5%	28
Q2 2025	$1.1B	381	35	166	103	20	35.3%	16
Q1 2025	$1.0B	366	29	154	107	27	37.3%	11
Q4 2024	$1.0B	364	47	178	80	24	37.5%	17
Q3 2024	$983.7M	341	36	172	70	12	38.2%	15
Q2 2024	$890.2M	317	24	159	69	21	36.9%	33
Q1 2024	$843.0M	314	31	161	71	5	39.3%	33
Q4 2023	$763.5M	288	37	127	82	13	41.0%	36
Q3 2023	$686.4M	264	12	110	82	19	42.3%	10
Q2 2023	$702.4M	271	15	105	92	22	41.1%	19
Q1 2023	$656.8M	278	26	131	67	15	41.0%	40
Q4 2022	$614.3M	267	27	100	97	13	39.5%	33
Q3 2022	$523.5M	253	20	122	76	41	40.7%	40
Q2 2022	$544.0M	274	18	166	52	34	39.8%	42
Q1 2022	$598.6M	290	49	164	46	19	40.7%	42
Q4 2021	$526.4M	260	36	129	39	17	43.8%	41
Q3 2021	$472.5M	241	15	108	42	15	46.2%	43
Q2 2021	$459.0M	241	24	114	43	12	46.5%	37
Q1 2021	$413.9M	229	24	64	125	147	48.2%	35
Q4 2020	$1.0B	352	78	126	99	39	67.9%	36
Q3 2020	$859.2M	313	30	74	160	397	68.6%	36
Q2 2020	$901.8M	680	240	177	186	120	58.3%	42
Q1 2020	$733.5M	560	149	238	95	178	53.8%	41
Q4 2019	$698.8M	589	108	168	73	57	51.9%	28
Q3 2019	$533.1M	538	61	127	87	62	51.1%	39
Q2 2019	$519.1M	539	91	127	85	65	47.6%	36
Q1 2019	$491.4M	513	118	161	61	42	48.9%	39
Q4 2018	$376.3M	437	0	0	0	0	48.7%	44

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.