DaveManuel.com · Institutional Ownership · 13F Holdings

Resonant Capital Advisors, LLC

Reported holdings as of Q3 2026, from 28 quarterly filings.

CIK

1803236

Reported value

$2.1B

Positions

551

Top 10 weight

33.7%

Filed

2026-10-15

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
ISHARES TR	IVV	$180.0M	234,989	8.64%	+0.20pp	28q	HELD
ETF SER SOLUTIONS	DSTL	$74.5M	1,164,268	3.57%	+0.29pp	26q	+1.4%+$1.0M
ISHARES TR	GARP	$70.1M	821,730	3.36%	+0.24pp	3q	+3.8%+$2.6M
J P MORGAN EXCHANGE TRADED F	JMST	$67.7M	1,338,109	3.25%	-1.24pp	24q	-27.4%-$25.5M
ISHARES U S ETF TR	MEAR	$64.7M	1,303,337	3.10%	-1.24pp	13q	-27.8%-$24.9M
VANGUARD SCOTTSDALE FDS	VCSH	$62.6M	810,657	3.01%	+0.04pp	28q	+3.3%+$2.0M
ISHARES TR	IJH	$56.5M	785,672	2.71%	-0.15pp	28q	+1.0%+$584.4K
SCHWAB STRATEGIC TR	FNDX	$43.8M	1,392,485	2.10%	-0.01pp	28q	-2.3%-$1.0M
SCHWAB STRATEGIC TR	SCHR	$42.3M	1,783,860	2.03%	-1.15pp	28q	-33.9%-$21.7M
APPLE INC	AAPL	$39.3M	118,043	1.89%	+0.34pp	28q	+5.5%+$2.1M
ISHARES TR	IEFA	$38.6M	398,925	1.85%	flat	28q	-0.8%-$300.0K
NVIDIA CORPORATION	NVDA	$34.7M	151,685	1.66%	+0.29pp	16q	+5.5%+$1.8M
SCHWAB STRATEGIC TR	FNDF	$33.6M	624,771	1.61%	+0.02pp	28q	-1.1%-$378.3K
STATE STR SPDR S&P 500 ETF T	SPY	$32.5M	42,469	1.56%	+0.04pp	28q	HELD
ISHARES TR	IJR	$30.4M	223,110	1.46%	-0.15pp	28q	-1.3%-$407.0K
VANGUARD SPECIALIZED FUNDS	VIG	$30.3M	129,893	1.45%	-0.01pp	28q	HELD
GRANITESHARES ETF TR	COMB	$27.9M	1,002,726	1.34%	+0.25pp	17q	+5.7%+$1.5M
MICROSOFT CORP	MSFT	$27.7M	53,990	1.33%	+0.48pp	28q	+13.8%+$3.4M
J P MORGAN EXCHANGE TRADED F	JPIE	$27.3M	607,907	1.31%	+0.07pp	3q	+8.0%+$2.0M
SCHWAB STRATEGIC TR	FNDA	$26.5M	757,337	1.27%	-0.12pp	28q	-0.8%-$200.4K
ISHARES INC	IEMG	$26.3M	324,433	1.26%	+0.01pp	28q	+2.8%+$708.0K
VANGUARD WHITEHALL FDS	VIGI	$25.3M	267,713	1.21%	+0.02pp	18q	HELD
SCHWAB STRATEGIC TR	FNDE	$24.6M	587,121	1.18%	+0.10pp	28q	+3.0%+$713.6K
ISHARES TR	SGOV	$24.2M	240,245	1.16%	-0.18pp	15q	-14.1%-$4.0M
SCHWAB STRATEGIC TR	SCHP	$23.9M	952,750	1.15%	+1.02pp	26q	+838.2%+$21.4M
INVESCO EXCH TRADED FD TR II	RWK	$23.8M	171,809	1.14%	-0.07pp	28q	-0.5%-$125.1K
JANUS DETROIT STR TR	JSMD	$22.9M	256,732	1.10%	-0.14pp	18q	HELD
VANGUARD MUN BD FDS	VTEB	$18.9M	398,221	0.91%	-0.54pp	26q	-33.2%-$9.4M
VANGUARD INDEX FDS	VOO	$18.7M	26,643	0.90%	+0.02pp	28q	HELD
AMAZON COM INC	AMZN	$18.0M	72,377	0.87%	+0.09pp	28q	+5.8%+$992.9K
ALPHABET INC	GOOGL	$17.4M	50,569	0.84%	-0.01pp	28q	+2.2%+$367.8K
ISHARES TR	MUB	$17.3M	171,590	0.83%	-0.48pp	26q	-32.5%-$8.4M
ISHARES GOLD TR	IAU	$16.5M	211,021	0.79%	+0.13pp	21q	+14.5%+$2.1M
ALPHABET INC	GOOG	$16.3M	47,879	0.78%	-0.02pp	28q	+0.8%+$122.3K
HARBOR ETF TRUST	HGER	$15.2M	431,048	0.73%	+0.20pp	3q	+14.2%+$1.9M
J P MORGAN EXCHANGE TRADED F	JPST	$13.8M	273,270	0.66%	flat	17q	HELD
J P MORGAN EXCHANGE TRADED F	JMUB	$13.7M	287,986	0.66%	+0.47pp	19q	+268.2%+$10.0M
ISHARES TR	ICSH	$13.3M	263,708	0.64%	-0.02pp	13q	-2.4%-$333.5K
BROADCOM INC	AVGO	$12.7M	36,127	0.61%	-0.04pp	20q	+0.6%+$70.6K
ETF SER SOLUTIONS	DSMC	$12.6M	301,287	0.60%	+0.03pp	10q	+1.1%+$140.1K
BERKSHIRE HATHAWAY INC DEL	BRKB	$12.2M	24,483	0.59%	-0.03pp	28q	-4.1%-$525.8K
JPMORGAN CHASE & CO	JPM	$12.1M	36,714	0.58%	+0.02pp	28q	+2.3%+$275.3K
META PLATFORMS INC	META	$11.8M	16,309	0.57%	+0.18pp	22q	+12.1%+$1.3M
SCHWAB STRATEGIC TR	SCMB	$10.2M	420,371	0.49%	+0.48pp	8q	+4935.0%+$10.0M
DIMENSIONAL ETF TRUST	DFNM	$10.0M	218,100	0.48%	-0.17pp	19q	-22.4%-$2.9M
VANGUARD INDEX FDS	VTI	$9.6M	25,687	0.46%	+0.01pp	28q	HELD
nan	RWL	$9.4M	72,662	0.45%	flat	28q	HELD
INVESCO EXCHANGE TRADED FD T	PRF	$9.3M	170,207	0.44%	+0.01pp	25q	HELD
EXXONMOBIL HOLDINGS CORP	XOM	$9.0M	55,419	0.43%	-	new	NEW
VISA INC	V	$9.0M	24,914	0.43%	+0.03pp	28q	+2.7%+$236.1K
INVESCO EXCHANGE TRADED FD T	PKW	$8.8M	61,405	0.42%	+0.01pp	28q	HELD
ISHARES TR	IDEV	$8.7M	96,992	0.42%	+0.01pp	19q	+0.7%+$59.9K
MARATHON PETE CORP	MPC	$8.5M	21,492	0.41%	+0.14pp	18q	-2.0%-$177.1K
CISCO SYS INC	CSCO	$8.4M	77,766	0.40%	-0.04pp	28q	-1.9%-$161.2K
ANALOG DEVICES INC	ADI	$8.3M	20,986	0.40%	flat	28q	-1.5%-$124.6K
ELI LILLY & CO	LLY	$7.7M	6,657	0.37%	flat	28q	+4.1%+$306.6K
PALO ALTO NETWORKS INC	PANW	$7.5M	18,845	0.36%	+0.05pp	25q	-2.1%-$163.3K
MCKESSON CORP	MCK	$7.5M	8,742	0.36%	+0.05pp	28q	+1.0%+$73.5K
SPDR SERIES TRUST	SPMD	$7.2M	114,516	0.35%	-0.01pp	19q	+2.5%+$173.1K
BLACKROCK ETF TRUST II	INMU	$7.0M	304,042	0.33%	-0.12pp	3q	-22.3%-$2.0M
ISHARES TR	IGSB	$6.8M	132,750	0.33%	+0.11pp	19q	+51.2%+$2.3M
PIMCO ETF TR	MUNI	$6.7M	135,377	0.32%	+0.02pp	2q	+11.4%+$686.6K
AMGEN INC	AMGN	$6.6M	15,609	0.32%	+0.04pp	28q	-1.2%-$81.8K
QUALCOMM INC	QCOM	$6.6M	35,628	0.31%	flat	28q	+0.9%+$57.8K
TAIWAN SEMICONDUCTOR MANUFAC	TSM	$6.0M	13,046	0.29%	+0.02pp	16q	+11.1%+$597.2K
STATE STR SPDR S&P MIDCAP 40	MDY	$5.9M	8,994	0.28%	-0.03pp	28q	-3.5%-$214.0K
SALESFORCE INC	CRM	$5.9M	25,500	0.28%	+0.11pp	16q	+9.1%+$489.2K
ADVANCED MICRO DEVICES INC	AMD	$5.8M	9,530	0.28%	+0.03pp	15q	+4.3%+$238.6K
ISHARES TR	IBDR	$5.8M	239,266	0.28%	-0.01pp	11q	DEBT
PROGRESSIVE CORP	PGR	$5.7M	27,325	0.27%	-0.01pp	28q	+2.1%+$115.1K
ASML HLDG NV	ASML	$5.6M	3,109	0.27%	+0.02pp	14q	+15.9%+$771.8K
ISHARES TR	IBDS	$5.6M	232,926	0.27%	flat	11q	DEBT
ABRDN ETFS	BCI	$5.4M	208,622	0.26%	+0.04pp	16q	HELD
MICRON TECHNOLOGY INC	MU	$5.3M	4,969	0.25%	-0.01pp	7q	+4.0%+$205.6K
AMPHENOL CORP	APH	$5.2M	62,005	0.25%	+0.02pp	28q	+13.4%+$618.6K
AMERICAN EXPRESS CO	AXP	$5.1M	16,923	0.25%	-0.03pp	27q	HELD
SPDR SERIES TRUST	SPSM	$5.1M	97,092	0.25%	-0.02pp	19q	HELD
MASTERCARD INCORPORATED	MA	$5.1M	9,297	0.25%	+0.03pp	16q	+7.4%+$352.9K
CHEVRON CORPORATION	CVX	$5.1M	24,917	0.24%	-0.06pp	28q	-35.0%-$2.7M
JOHNSON & JOHNSON	JNJ	$5.1M	19,123	0.24%	+0.01pp	28q	HELD
COSTCO WHOLESALE CORPORATION	COST	$5.0M	5,541	0.24%	flat	28q	+2.4%+$119.3K
VANGUARD SCOTTSDALE FDS	VGIT	$5.0M	87,960	0.24%	+0.05pp	19q	+31.5%+$1.2M
MERCK & CO INC	MRK	$4.9M	33,306	0.23%	+0.04pp	21q	+5.1%+$235.2K
AUTOMATIC DATA PROCESSING IN	ADP	$4.7M	18,141	0.23%	+0.03pp	28q	+1.0%+$48.3K
SCHWAB STRATEGIC TR	SCHO	$4.6M	193,138	0.22%	-0.11pp	13q	-32.6%-$2.2M
GILEAD SCIENCES INC	GILD	$4.6M	30,907	0.22%	+0.04pp	9q	+2.7%+$121.0K
PIMCO ETF TR	MINO	$4.4M	103,792	0.21%	-	new	NEW
ABBVIE INC	ABBV	$4.4M	16,844	0.21%	+0.01pp	28q	+2.7%+$116.4K
TESLA INC	TSLA	$4.4M	12,404	0.21%	-0.02pp	15q	+7.1%+$292.4K
UNITEDHEALTH GROUP INC	UNH	$4.1M	11,173	0.20%	-0.03pp	20q	-1.5%-$61.3K
NORTHERN TR CORP	NTRS	$3.9M	22,913	0.19%	-0.01pp	28q	-2.6%-$102.8K
PNC FINL SVCS GROUP INC	PNC	$3.9M	17,543	0.19%	-0.02pp	28q	-1.1%-$45.3K
SELECT SECTOR SPDR TR	XLE	$3.9M	63,213	0.19%	+0.02pp	22q	-1.5%-$57.3K
KROGER CO	KR	$3.7M	63,830	0.18%	+0.03pp	28q	+14.4%+$470.4K
SCHWAB STRATEGIC TR	FNDB	$3.6M	116,773	0.17%	flat	16q	HELD
CSX CORP	CSX	$3.5M	76,221	0.17%	-0.01pp	15q	-3.0%-$109.2K
GE VERNOVA INC	GEV	$3.5M	3,672	0.17%	+0.08pp	9q	+147.6%+$2.1M
CHARLES SCHWAB CORP (THE)	SCHW	$3.4M	34,898	0.16%	+0.01pp	15q	+0.7%+$22.7K
NETFLIX INC.	NFLX	$3.4M	48,188	0.16%	+0.06pp	16q	+67.6%+$1.4M
MCDONALDS CORP	MCD	$3.3M	14,275	0.16%	-0.02pp	28q	+1.9%+$60.0K
BOOKING HOLDINGS INC	BKNG	$3.2M	19,844	0.16%	-0.01pp	15q	HELD
SPDR INDEX SHS FDS	SPEM	$3.0M	58,599	0.15%	flat	19q	+2.6%+$77.0K
BRISTOL-MYERS SQUIBB CO	BMY	$3.0M	48,564	0.15%	+0.01pp	28q	-1.1%-$34.6K
DISNEY WALT CO	DIS	$3.0M	28,843	0.15%	+0.01pp	28q	+1.9%+$55.0K
INVESCO QQQ TR	QQQ	$3.0M	4,019	0.14%	flat	28q	HELD
STRYKER CORPORATION	SYK	$3.0M	10,742	0.14%	-0.02pp	28q	-2.9%-$87.6K
UBER TECHNOLOGIES INC	UBER	$2.9M	42,599	0.14%	+0.02pp	7q	+19.3%+$472.4K
LOWES COS INC	LOW	$2.8M	15,371	0.14%	-0.02pp	28q	+5.1%+$138.2K
ISHARES TR	IWR	$2.8M	26,391	0.14%	flat	22q	HELD
ADOBE INC	ADBE	$2.7M	11,412	0.13%	+0.03pp	16q	+14.8%+$353.0K
LAM RESEARCH CORP	LRCX	$2.6M	8,047	0.13%	-0.04pp	8q	HELD
ISHARES TR	IBDT	$2.6M	105,861	0.13%	flat	11q	HELD
US BANCORP	USB	$2.6M	43,759	0.12%	flat	28q	+1.3%+$33.4K
SERVICENOW INC	NOW	$2.5M	18,492	0.12%	+0.10pp	11q	+287.9%+$1.8M
VISTRA CORP	VST	$2.5M	17,742	0.12%	flat	6q	+11.1%+$245.8K
S&P GLOBAL INC	SPGI	$2.4M	6,189	0.12%	flat	19q	+3.4%+$81.3K
CATERPILLAR INC	CAT	$2.4M	3,008	0.12%	-0.03pp	14q	+2.2%+$52.7K
EMCOR GROUP INC	EME	$2.4M	3,227	0.12%	+0.07pp	11q	+162.8%+$1.5M
WALMART INC	WMT	$2.4M	23,225	0.12%	-0.01pp	16q	-2.9%-$72.3K
WISDOMTREE TR	IQDG	$2.3M	53,841	0.11%	flat	13q	-1.6%-$37.3K
PROCTER & GAMBLE CO	PG	$2.3M	15,605	0.11%	-0.10pp	28q	-46.8%-$2.0M
RTX CORPORATION	RTX	$2.3M	12,189	0.11%	flat	26q	+0.8%+$17.1K
ALPS ETF TR	AMLP	$2.3M	43,528	0.11%	flat	21q	HELD
ISHARES TR	EFA	$2.3M	21,707	0.11%	flat	28q	HELD
GENERAL DYNAMICS CORP	GD	$2.2M	6,703	0.11%	+0.07pp	13q	+239.2%+$1.6M
DEVON ENERGY CORP NEW	DVN	$2.2M	47,833	0.11%	+0.07pp	28q	+204.0%+$1.5M
ISHARES TR	IBDU	$2.2M	95,690	0.10%	flat	8q	+1.4%+$29.3K
DIMENSIONAL ETF TRUST	DFAS	$2.1M	27,503	0.10%	flat	12q	+3.7%+$76.3K
ZOETIS INC	ZTS	$2.1M	30,344	0.10%	+0.02pp	3q	+22.5%+$389.1K
INTEL CORP	INTC	$2.1M	17,320	0.10%	-0.02pp	7q	-1.4%-$30.5K
ISHARES TR	IEI	$2.1M	18,225	0.10%	flat	12q	HELD
INTUIT	INTU	$2.1M	7,439	0.10%	-	new	NEW
INVESCO EXCH TRADED FD TR II	QQQM	$2.0M	6,661	0.10%	flat	2q	HELD
AIRBNB INC	ABNB	$2.0M	12,608	0.10%	+0.09pp	2q	+674.0%+$1.8M
EBAY INC.	EBAY	$2.0M	18,979	0.10%	-0.01pp	28q	-3.3%-$67.8K
ISHARES TR	IWF	$2.0M	16,011	0.10%	flat	28q	-1.5%-$31.3K
ETFS GOLD TR	SGOL	$2.0M	50,481	0.10%	+0.01pp	18q	+2.0%+$38.9K
AUTOZONE INC	AZO	$1.9M	685	0.09%	-0.12pp	28q	-51.2%-$2.0M
ISHARES TR	IBDV	$1.9M	89,273	0.09%	flat	6q	+1.6%+$29.2K
ISHARES TR	SUSA	$1.9M	12,021	0.09%	flat	24q	HELD
GE AEROSPACE	GE	$1.8M	5,679	0.09%	-0.02pp	16q	HELD
COMCAST CORP NEW	CMCSA	$1.7M	80,385	0.08%	+0.01pp	21q	+34.9%+$452.8K
BANK OF AMER CORP	BAC	$1.7M	32,093	0.08%	flat	13q	+2.4%+$40.6K
PHILIP MORRIS INTL INC	PM	$1.7M	9,007	0.08%	+0.01pp	18q	+5.7%+$92.9K
LULULEMON ATHLETICA INC	LULU	$1.7M	17,556	0.08%	+0.01pp	3q	+42.7%+$505.6K
STATE STR SPDR DOW JONES IND	DIA	$1.7M	3,300	0.08%	flat	28q	HELD
J P MORGAN EXCHANGE TRADED F	JQUA	$1.7M	22,766	0.08%	flat	2q	HELD
MORGAN STANLEY	MS	$1.7M	8,868	0.08%	-0.01pp	16q	HELD
THERMO FISHER SCIENTIFIC INC	TMO	$1.6M	2,417	0.08%	+0.02pp	28q	+5.6%+$86.5K
EXPEDITORS INTL WASH INC	EXPD	$1.6M	8,752	0.08%	+0.01pp	28q	-0.6%-$9.0K
SPDR SERIES TRUST	SPYM	$1.6M	17,848	0.08%	flat	11q	+1.9%+$29.9K
INVESCO EXCHANGE TRADED FD T	PRFZ	$1.6M	30,390	0.08%	flat	28q	HELD
COCA COLA CO	KO	$1.6M	18,263	0.08%	+0.01pp	16q	+11.8%+$167.1K
APPLIED MATLS INC	AMAT	$1.6M	3,084	0.08%	-0.02pp	7q	+6.3%+$94.1K
ABBOTT LABORATORIES	ABT	$1.6M	15,829	0.08%	+0.01pp	28q	+3.9%+$58.2K
ORACLE CORP	ORCL	$1.6M	11,333	0.07%	-0.02pp	28q	-16.1%-$299.3K
ARISTA NETWORKS INC	ANET	$1.5M	7,587	0.07%	+0.03pp	8q	+26.2%+$320.5K
PALANTIR TECHNOLOGIES INC	PLTR	$1.5M	8,121	0.07%	+0.03pp	8q	+10.1%+$139.9K
EOG RES INC	EOG	$1.5M	10,849	0.07%	+0.01pp	19q	+3.1%+$44.8K
HOME DEPOT INC	HD	$1.5M	5,229	0.07%	-0.04pp	28q	-23.0%-$443.5K
ROSS STORES INC	ROST	$1.5M	6,347	0.07%	+0.01pp	28q	HELD
CARDINAL HEALTH INC	CAH	$1.5M	6,564	0.07%	flat	22q	-0.7%-$10.5K
PEPSICO INC	PEP	$1.5M	11,501	0.07%	-0.08pp	28q	-50.9%-$1.5M
ISHARES TR	IBDW	$1.4M	72,214	0.07%	flat	5q	+2.0%+$29.0K
LINDE PLC	LIN	$1.4M	2,928	0.07%	-0.03pp	15q	-22.0%-$392.5K
VANGUARD SCOTTSDALE FDS	VMBS	$1.4M	31,160	0.07%	flat	14q	HELD
GOLDMAN SACHS GROUP INC	GS	$1.4M	1,500	0.06%	-0.01pp	10q	+0.7%+$9.9K
PFIZER INC	PFE	$1.3M	46,763	0.06%	flat	28q	-11.4%-$171.4K
DANAHER CORP DEL	DHR	$1.3M	6,007	0.06%	+0.01pp	28q	HELD
PUBLIC STORAGE	PSA	$1.3M	4,583	0.06%	-	new	NEW
KLA CORP	KLAC	$1.3M	6,499	0.06%	-0.03pp	6q	+7.2%+$85.0K
SEAGATE TECHNOLOGY HLDNGS PL	STX	$1.2M	1,348	0.06%	flat	5q	+4.0%+$48.0K
WELLS FARGO & CO	WFC	$1.2M	15,526	0.06%	flat	12q	+5.7%+$67.6K
DOCUSIGN INC	DOCU	$1.2M	18,369	0.06%	+0.02pp	28q	+2.2%+$26.5K
EQT Corp	EQT	$1.2M	23,841	0.06%	-0.01pp	24q	-5.4%-$66.6K
ACCENTURE PLC IRELAND	ACN	$1.1M	6,226	0.05%	-0.03pp	28q	-55.8%-$1.4M
REINSURANCE GROUP AMER INC	RGA	$1.1M	4,587	0.05%	+0.01pp	28q	+0.8%+$8.9K
INVESCO EXCH TRD SLF IDX FD	BSMQ	$1.1M	48,138	0.05%	-0.02pp	18q	-23.4%-$345.0K
CITIGROUP INC	C	$1.1M	8,695	0.05%	flat	8q	+5.7%+$60.6K
ULTA BEAUTY INC	ULTA	$1.1M	2,051	0.05%	+0.01pp	24q	+2.9%+$31.1K
EATON CORP PLC	ETN	$1.1M	2,591	0.05%	flat	14q	+5.0%+$53.3K
FASTENAL CO	FAST	$1.1M	22,036	0.05%	flat	28q	-10.1%-$122.2K
LABCORP HOLDINGS INC	LH	$1.1M	3,500	0.05%	+0.01pp	10q	HELD
SELECT SECTOR SPDR TR	XLU	$1.1M	27,290	0.05%	-0.01pp	28q	+1.3%+$14.2K
OKTA INC	OKTA	$1.1M	5,143	0.05%	+0.02pp	12q	-2.6%-$28.9K
ISHARES TR	DVY	$1.1M	7,000	0.05%	flat	28q	HELD
ISHARES TR	IWD	$1.0M	4,183	0.05%	flat	6q	HELD
BLACKROCK INC	BLK	$1.0M	972	0.05%	+0.01pp	8q	+5.1%+$49.7K
NETAPP INC	NTAP	$1.0M	4,864	0.05%	+0.01pp	11q	+0.9%+$8.8K
TE CONNECTIVITY PLC	TEL	$1.0M	4,777	0.05%	flat	9q	-4.4%-$46.9K
J P MORGAN EXCHANGE TRADED F	JEPI	$985.6K	17,531	0.05%	-0.05pp	12q	-50.7%-$1.0M
INTUITIVE SURGICAL INC	ISRG	$983.2K	2,418	0.05%	flat	16q	+0.6%+$5.7K
WILLIAMS SONOMA INC	WSM	$954.2K	4,186	0.05%	flat	11q	+6.1%+$54.7K
CHUBB LIMITED	CB	$950.1K	2,912	0.05%	flat	19q	+2.5%+$22.8K
COMFORT SYS USA INC	FIX	$949.4K	574	0.05%	-0.01pp	5q	+0.5%+$5.0K
ISHARES TR	DGRO	$948.3K	12,579	0.05%	flat	5q	HELD
STEEL DYNAMICS INC	STLD	$947.4K	4,265	0.05%	flat	16q	+1.4%+$13.1K
MARKEL GROUP INC	MKL	$926.4K	541	0.04%	-0.01pp	28q	+1.5%+$13.7K
PIMCO ETF TR	PYLD	$924.8K	36,425	0.04%	-	new	NEW
JABIL INC	JBL	$924.0K	3,221	0.04%	-0.01pp	11q	+0.9%+$8.0K
WISDOMTREE TR	DGRW	$923.3K	9,495	0.04%	flat	12q	+8.7%+$73.9K
VERTEX PHARMACEUTICALS INC	VRTX	$922.2K	1,764	0.04%	flat	11q	+2.2%+$19.9K
VANGUARD TAX-MANAGED FDS	VEA	$917.9K	13,000	0.04%	flat	28q	HELD
ISHARES TR	EEM	$911.9K	13,653	0.04%	flat	28q	HELD
DELL TECHNOLOGIES INC	DELL	$903.2K	1,679	0.04%	+0.01pp	3q	+14.1%+$111.9K
SANDISK CORP	SNDK	$901.3K	518	0.04%	-0.01pp	3q	+2.6%+$22.6K
SPDR SERIES TRUST	MDYG	$895.9K	8,571	0.04%	flat	6q	+11.9%+$95.2K
MEDTRONIC PLC	MDT	$892.6K	10,259	0.04%	-0.08pp	19q	-67.4%-$1.8M
BROWN BROWN INC	BRO	$885.9K	14,547	0.04%	flat	28q	+4.0%+$34.3K
SPDR SERIES TRUST	MDYV	$871.1K	9,842	0.04%	flat	6q	+12.4%+$95.9K
VANGUARD WHITEHALL FDS	VYM	$869.1K	5,600	0.04%	flat	28q	HELD
WESTERN DIGITAL CORP	WDC	$855.7K	1,883	0.04%	-0.01pp	5q	+2.8%+$23.6K
VERIZON COMMUNICATIONS INC	VZ	$854.0K	18,617	0.04%	+0.01pp	28q	+21.1%+$148.7K
SPDR SERIES TRUST	SPIP	$845.7K	34,702	0.04%	-	new	NEW
ISHARES TR	ESGU	$842.0K	5,048	0.04%	flat	11q	HELD
AMERICAN FINANCIAL GROUP INC	AFG	$832.2K	6,085	0.04%	flat	28q	+0.8%+$6.7K
ARCH CAP GROUP LTD	ACGL	$824.1K	8,923	0.04%	flat	28q	HELD
NEXTERA ENERGY INC	NEE	$822.8K	10,864	0.04%	flat	12q	+2.8%+$22.6K
EXELIXIS INC	EXEL	$819.0K	14,021	0.04%	flat	13q	-1.5%-$12.1K
ALTRIA GROUP INC	MO	$809.2K	11,822	0.04%	flat	11q	-2.8%-$23.3K
BANK OF NY MELLON CORP	BNY	$804.7K	5,564	0.04%	flat	10q	+3.4%+$26.3K
MUELLER INDS INC	MLI	$799.7K	13,195	0.04%	flat	4q	+2.6%+$20.1K
AT&T INC	T	$790.3K	32,388	0.04%	+0.01pp	13q	+24.5%+$155.4K
UNION PAC CORP	UNP	$787.5K	2,894	0.04%	flat	14q	+4.1%+$31.0K
MITSUBISHI UFJ FINANCIAL GRO	MUFG	$786.7K	34,102	0.04%	+0.01pp	13q	+2.1%+$15.8K
INTERNATIONAL BUSINESS MACHS	IBM	$782.3K	3,557	0.04%	-0.02pp	19q	-21.6%-$215.1K
FORTINET INC	FTNT	$776.5K	4,344	0.04%	+0.01pp	8q	+0.7%+$5.5K
CRANE COMPANY	CR	$776.1K	3,804	0.04%	flat	13q	-2.8%-$22.4K
TWILIO INC	TWLO	$775.0K	2,650	0.04%	+0.01pp	3q	-1.7%-$13.7K
NOVARTIS AG	NVS	$768.6K	5,391	0.04%	-0.01pp	11q	-10.3%-$87.8K
JOHNSON CONTROLS INTERNATION	JCI	$763.9K	5,125	0.04%	flat	9q	+1.2%+$9.2K
O'REILLY AUTOMOTIVE INC	ORLY	$740.9K	8,675	0.04%	flat	28q	+1.5%+$10.8K
TEXAS INSTRS INC	TXN	$735.8K	2,627	0.04%	flat	4q	HELD
CONSTELLATION ENERGY CORP	CEG	$733.9K	2,889	0.04%	+0.01pp	12q	+23.0%+$137.2K
SAP SE	SAP	$732.2K	3,512	0.04%	+0.01pp	11q	-9.7%-$78.6K
CROWDSTRIKE HLDGS INC	CRWD	$728.9K	2,753	0.03%	+0.01pp	2q	+22.2%+$132.6K
XPO INC	XPO	$727.9K	4,136	0.03%	flat	4q	+1.7%+$12.1K
BOEING CO	BA	$723.4K	3,888	0.03%	-0.01pp	28q	+1.0%+$6.9K
ING GROEP N.V.	ING	$721.6K	20,326	0.03%	flat	19q	+2.8%+$19.5K
COPART INC	CPRT	$707.5K	25,934	0.03%	flat	28q	+14.2%+$87.7K
CF INDUSTRIES HOLD	CF	$705.9K	6,128	0.03%	flat	18q	+5.4%+$35.9K
REGIONS FINANCIAL CORP NEW	RF	$702.5K	25,845	0.03%	flat	26q	-0.8%-$5.4K
ELANCO ANIMAL HEALTH INC	ELAN	$700.9K	31,302	0.03%	flat	16q	HELD
SHELL PLC	SHEL	$699.7K	7,361	0.03%	+0.01pp	19q	+22.3%+$127.4K
MARVELL TECHNOLOGY INC	MRVL	$697.0K	2,638	0.03%	flat	3q	+9.3%+$59.2K
ISHARES TR	IBMO	$693.6K	27,052	0.03%	flat	8q	HELD
WELLTOWER INC	WELL	$685.2K	2,976	0.03%	flat	6q	+8.1%+$51.3K
INTERCONTINENTAL EXCHANGE IN	ICE	$683.2K	4,494	0.03%	+0.01pp	16q	+35.0%+$177.3K
UNIVERSAL HLTH SVCS INC	UHS	$681.9K	3,913	0.03%	+0.01pp	24q	+6.8%+$43.6K
VALERO ENERGY CORP	VLO	$670.6K	1,730	0.03%	+0.01pp	5q	+12.8%+$76.0K
AGNICO EAGLE MINES LTD	AEM	$658.5K	3,593	0.03%	+0.01pp	8q	+15.7%+$89.3K
SYNCHRONY FINANCIAL	SYF	$655.3K	9,233	0.03%	flat	4q	+12.4%+$72.2K
CAPITAL ONE FINL CORP	COF	$655.1K	3,393	0.03%	flat	6q	+10.5%+$62.4K
SMITH A O CORP	AOS	$651.1K	11,550	0.03%	+0.01pp	3q	+33.9%+$164.8K
DEERE CO	DE	$649.6K	965	0.03%	+0.01pp	9q	+12.6%+$72.7K
ISHARES TR	IWO	$642.4K	1,800	0.03%	flat	4q	HELD
FLEX LTD	FLEX	$639.9K	5,818	0.03%	-0.02pp	14q	-3.4%-$22.8K
ISHARES TR	IYW	$637.6K	2,407	0.03%	flat	4q	HELD
PAYPAL HLDGS INC	PYPL	$637.1K	12,128	0.03%	-0.07pp	28q	-74.8%-$1.9M
MONDELEZ INTL INC	MDLZ	$634.1K	10,870	0.03%	flat	21q	-3.0%-$19.7K
STARBUCKS CORP	SBUX	$633.1K	6,738	0.03%	-0.01pp	28q	-9.3%-$65.0K
METLIFE INC	MET	$615.9K	6,541	0.03%	flat	16q	+3.7%+$21.9K
CONOCOPHILLIPS	COP	$613.1K	4,899	0.03%	+0.01pp	8q	+2.8%+$16.6K
OMNICOM GROUP INC	OMC	$611.4K	8,211	0.03%	flat	28q	-0.5%-$3.4K
ALIBABA GROUP HLDG LTD	BABA	$605.5K	5,630	0.03%	+0.01pp	7q	+28.9%+$135.7K
ISHARES TR	IJK	$602.9K	5,500	0.03%	flat	4q	HELD
Jones Lang LaSalle, Inc.	JLL	$602.5K	1,972	0.03%	flat	7q	+0.7%+$4.3K
GENERAC HLDGS INC	GNRC	$602.4K	2,911	0.03%	-0.01pp	11q	-2.0%-$12.0K
CARRIER GLOBAL CORPORATION	CARR	$600.9K	10,954	0.03%	-0.01pp	24q	+2.6%+$15.5K
SCHWAB STRATEGIC TR	SCHD	$594.5K	18,275	0.03%	flat	16q	+2.7%+$15.8K
HSBC HLDGS PLC	HSBC	$594.3K	5,984	0.03%	flat	5q	+5.0%+$28.3K
MURPHY USA INC	MUSA	$593.7K	1,178	0.03%	flat	14q	-0.5%-$3.0K
SPROUTS FMRS MKT INC	SFM	$591.6K	8,917	0.03%	-0.01pp	12q	+6.0%+$33.4K
QUALYS INC	QLYS	$588.7K	3,145	0.03%	+0.01pp	2q	+13.3%+$69.1K
TRANSDIGM GROUP INC	TDG	$587.9K	543	0.03%	-0.01pp	14q	-1.1%-$6.5K
SELECT SECTOR SPDR TR	XLK	$586.5K	2,996	0.03%	flat	2q	HELD
APA CORPORATION	APA	$585.2K	14,088	0.03%	+0.01pp	6q	-2.7%-$16.2K
MICROCHIP TECHNOLOGY INC.	MCHP	$581.8K	7,481	0.03%	-0.01pp	26q	-9.9%-$64.2K
CLOUDFLARE INC	NET	$581.0K	1,673	0.03%	+0.01pp	6q	+12.7%+$65.6K
DIREXION SHARES ETF TRUST	SPDN	$573.0K	67,574	0.03%	+0.01pp	21q	+31.3%+$136.5K
HOST HOTELS & RESORTS INC	HST	$568.1K	25,150	0.03%	flat	10q	-1.4%-$8.3K
M & T BK CORP	MTB	$567.5K	2,608	0.03%	flat	11q	+3.4%+$18.7K
NEWMONT CORP	NEM	$563.2K	4,883	0.03%	+0.01pp	6q	+4.7%+$25.3K
BROADSTONE NET LEASE INC	BNL	$552.4K	29,396	0.03%	flat	4q	-0.7%-$3.7K
UNITED MICROELECTRONICS CORP	UMC	$552.3K	22,552	0.03%	flat	4q	+5.8%+$30.4K
SHOPIFY INC	SHOP	$552.1K	3,723	0.03%	+0.01pp	11q	HELD
SPDR GOLD TR	GLD	$551.1K	1,447	0.03%	flat	9q	-3.7%-$21.3K
TJX COS INC NEW	TJX	$551.1K	4,165	0.03%	-0.01pp	11q	-21.5%-$151.0K
ALLSTATE CORP	ALL	$550.7K	2,470	0.03%	flat	11q	+11.6%+$57.3K
UNITED RENTALS INC	URI	$542.4K	542	0.03%	flat	11q	+1.9%+$10.0K
NOVO-NORDISK A S	NVO	$532.4K	14,045	0.03%	-0.01pp	16q	HELD
ASE TECHNOLOGY HLDG CO LTD	ASX	$532.1K	11,968	0.03%	flat	4q	HELD
VANGUARD WORLD FD	VDE	$527.2K	3,062	0.03%	flat	16q	-14.3%-$87.6K
DIMENSIONAL ETF TRUST	DFIV	$522.6K	9,356	0.03%	flat	8q	+5.6%+$27.9K
APPFOLIO INC	APPF	$522.4K	2,605	0.03%	+0.01pp	3q	+0.9%+$4.6K
FREEPORT-MCMORAN INC	FCX	$521.2K	7,446	0.03%	flat	11q	+3.3%+$16.9K
CACI INTL INC	CACI	$497.6K	817	0.02%	flat	2q	-4.3%-$22.5K
CVS HEALTH CORP	CVS	$492.0K	5,742	0.02%	-0.01pp	7q	-7.9%-$42.4K
BHP BILLITON LIMITED	BHP	$489.4K	5,768	0.02%	flat	3q	+5.0%+$23.5K
SLB LIMITED	SLB	$478.2K	9,757	0.02%	flat	17q	-17.4%-$101.0K
HUBBELL INC	HUBB	$476.7K	1,051	0.02%	flat	11q	HELD
VANGUARD INTL EQUITY INDEX F	VT	$473.6K	3,000	0.02%	flat	12q	HELD
ZOOM COMMUNICATIONS INC	ZM	$471.6K	5,195	0.02%	flat	6q	+1.6%+$7.4K
GENERAL MTRS CO	GM	$470.6K	6,112	0.02%	flat	11q	+3.8%+$17.2K
CORNING INC	GLW	$470.4K	3,059	0.02%	-0.01pp	4q	+5.9%+$26.1K
WORKDAY INC	WDAY	$468.2K	2,458	0.02%	+0.01pp	3q	+31.6%+$112.4K
BOSTON SCIENTIFIC CORP	BSX	$467.6K	10,713	0.02%	+0.01pp	11q	+116.5%+$251.6K
SONY GROUP CORP	SONY	$467.2K	19,856	0.02%	flat	7q	+1.0%+$4.4K
ISHARES TR	IGV	$466.4K	4,380	0.02%	flat	2q	HELD
ACUITY INC	AYI	$465.0K	1,501	0.02%	flat	3q	+9.9%+$41.8K
HILTON WORLDWIDE HLDGS INC	HLT	$464.8K	1,461	0.02%	flat	8q	+4.2%+$18.8K
BECTON DICKINSON CO	BDX	$463.1K	2,587	0.02%	flat	28q	-19.8%-$114.0K
TRANE TECHNOLOGIES PLC	TT	$461.0K	1,020	0.02%	flat	6q	+18.2%+$71.0K
HCA Healthcare, Inc.	HCA	$460.0K	1,078	0.02%	+0.01pp	7q	+26.1%+$95.2K
PARKER HANNIFIN CORP	PH	$459.6K	481	0.02%	flat	6q	+10.6%+$43.9K
LOCKHEED MARTIN CORP	LMT	$458.3K	900	0.02%	flat	4q	+19.4%+$74.4K
CADENCE DESIGN SYSTEM INC	CDNS	$449.7K	1,362	0.02%	-0.01pp	11q	-8.5%-$41.6K
FLEXSHARES TR	GUNR	$446.6K	8,467	0.02%	flat	22q	HELD
ABACUS FCF ETF TR	ABFL	$445.4K	5,544	0.02%	flat	28q	HELD
UNILEVER PLC	UL	$445.2K	7,330	0.02%	flat	4q	-19.6%-$108.6K
PHILLIPS 66	PSX	$442.5K	1,733	0.02%	+0.01pp	3q	+12.1%+$47.7K
INCYTE CORP	INCY	$442.2K	3,644	0.02%	flat	2q	+6.9%+$28.4K
VANGUARD INDEX FDS	VUG	$438.7K	4,868	0.02%	flat	4q	-2.3%-$10.2K
BILL HOLDINGS INC	BILL	$438.5K	10,307	0.02%	+0.01pp	3q	+17.9%+$66.5K
QUANTA SVCS INC	PWR	$437.5K	681	0.02%	flat	5q	+2.9%+$12.2K
NUSHARES ETF TR	NUSC	$436.1K	8,988	0.02%	flat	24q	HELD
BERKLEY W R CORP	WRB	$435.0K	6,441	0.02%	flat	28q	-5.0%-$22.8K
WILLIAMS COS INC	WMB	$434.7K	6,396	0.02%	flat	10q	-1.5%-$6.7K
SPOTIFY TECHNOLOGY S A	SPOT	$432.3K	887	0.02%	flat	7q	+21.7%+$77.0K
TECHNIPFMC PLC	FTI	$428.8K	6,314	0.02%	flat	2q	+12.7%+$48.3K
GRACO INC	GGG	$427.9K	5,569	0.02%	flat	11q	+3.8%+$15.6K
ABERCROMBIE & FITCH CO	ANF	$426.3K	3,165	0.02%	+0.01pp	4q	+2.1%+$8.8K
CROCS INC	CROX	$426.0K	3,631	0.02%	flat	4q	-3.6%-$16.0K
CENOVUS ENERGY INC	CVE	$425.9K	13,702	0.02%	flat	3q	HELD
BIOGEN INC	BIIB	$424.2K	1,878	0.02%	flat	5q	+0.9%+$3.6K
ENERSYS	ENS	$424.1K	2,307	0.02%	flat	3q	+2.4%+$9.9K
REGENERON PHARMACEUTICALS	REGN	$423.9K	559	0.02%	+0.01pp	5q	+12.9%+$48.5K
ICICI BK LTD	IBN	$421.6K	15,303	0.02%	flat	6q	+5.0%+$20.1K
MONOLITHIC PWR SYS INC	MPWR	$416.9K	309	0.02%	flat	5q	-0.6%-$2.7K
COLGATE PALMOLIVE CO	CL	$416.0K	4,876	0.02%	flat	4q	-1.5%-$6.2K
HEWLETT PACKARD ENTERPRISE C	HPE	$415.7K	6,492	0.02%	+0.01pp	2q	+8.2%+$31.6K
VANGUARD WORLD FD	VSGX	$414.9K	5,118	0.02%	flat	24q	HELD
RAMBUS INC DEL	RMBS	$414.4K	3,882	0.02%	flat	3q	+1.5%+$6.1K
CINTAS CORP	CTAS	$413.5K	2,120	0.02%	flat	9q	+7.0%+$27.1K
STMICROELECTRONICS N V	STM	$410.5K	7,693	0.02%	-	new	NEW
SCHWAB STRATEGIC TR	SCHF	$409.9K	14,922	0.02%	flat	5q	HELD
FEDEX CORP	FDX	$406.0K	1,418	0.02%	-0.01pp	6q	-22.5%-$118.0K
ATLASSIAN CORPORATION	TEAM	$403.9K	2,253	0.02%	-	new	NEW
WW GRAINGER INC	GWW	$403.6K	324	0.02%	flat	9q	HELD
APOLLO GLOBAL MGMT INC	APO	$402.5K	3,468	0.02%	flat	12q	+0.6%+$2.4K
CAMECO CORP	CCJ	$402.2K	4,641	0.02%	+0.01pp	2q	+66.8%+$161.0K
EDWARDS LIFESCIENCES CORP	EW	$398.9K	4,621	0.02%	flat	28q	HELD
ISHARES TR	SUSB	$397.9K	16,287	0.02%	flat	24q	+0.6%+$2.4K
AERCAP HOLDINGS NV	AER	$397.6K	2,770	0.02%	flat	12q	+3.6%+$13.8K
PROLOGIS INC.	PLD	$396.7K	3,055	0.02%	flat	5q	+7.9%+$29.1K
PAYCHEX INC	PAYX	$394.5K	4,005	0.02%	flat	2q	+6.3%+$23.3K
QORVO INC	QRVO	$393.2K	3,435	0.02%	+0.01pp	6q	+11.1%+$39.4K
SELECT SECTOR SPDR TR	XLF	$390.4K	7,310	0.02%	flat	4q	HELD
OWENS CORNING NEW	OC	$387.5K	3,319	0.02%	-0.01pp	11q	-0.7%-$2.9K
SIMON PPTY GROUP INC NEW	SPG	$386.9K	1,927	0.02%	flat	14q	+2.9%+$10.8K
SPDR SERIES TRUST	SDY	$386.7K	2,640	0.02%	flat	8q	HELD
CARLISLE COS INC	CSL	$384.7K	1,194	0.02%	flat	11q	-3.6%-$14.2K
EQUINIX INC	EQIX	$383.4K	379	0.02%	flat	3q	+5.0%+$18.2K
TARGET CORP	TGT	$381.5K	2,435	0.02%	flat	3q	+8.9%+$31.3K
TRAVELERS COMPANIES INC	TRV	$380.0K	1,066	0.02%	flat	7q	+4.4%+$16.0K
GENPACT LIMITED	G	$378.6K	11,639	0.02%	flat	3q	+3.3%+$12.1K
ISHARES TR	SHY	$376.4K	4,635	0.02%	flat	12q	HELD
ELEVANCE HEALTH INC FORMERLY	ELV	$376.0K	967	0.02%	flat	11q	-10.1%-$42.4K
MARRIOTT INTL INC NEW	MAR	$374.9K	1,054	0.02%	flat	4q	+1.2%+$4.3K
CIENA CORP	CIEN	$374.0K	1,063	0.02%	-0.01pp	4q	-1.5%-$5.6K
VANGUARD INDEX FDS	VB	$370.4K	1,302	0.02%	flat	12q	HELD
GENTEX CORP	GNTX	$370.3K	17,031	0.02%	flat	3q	-1.4%-$5.1K
EAST WEST BANCORP INC	EWBC	$369.7K	2,983	0.02%	flat	2q	+1.2%+$4.3K
CIRRUS LOGIC INC	CRUS	$369.1K	3,077	0.02%	flat	3q	-2.6%-$9.7K
BANCO SANTANDER S.A.	SAN	$366.8K	26,521	0.02%	flat	5q	+23.5%+$69.8K
ECOLAB INC	ECL	$365.2K	1,326	0.02%	flat	7q	-0.5%-$1.9K
DNOW INC	DNOW	$362.8K	23,404	0.02%	flat	4q	+16.0%+$50.0K
VISTA ENERGY S.A.B. DE C.V.	VIST	$361.8K	5,537	0.02%	flat	3q	HELD
EXELON CORP	EXC	$361.5K	8,949	0.02%	-0.01pp	9q	-17.2%-$75.1K
T MOBILE US INC	TMUS	$359.9K	2,207	0.02%	flat	11q	+16.0%+$49.7K
ANHEUSER BUSCH INBEV SA/NV	BUD	$355.3K	4,836	0.02%	flat	3q	+4.8%+$16.3K
CRH PLC	CRH	$353.2K	4,266	0.02%	-0.01pp	4q	-18.0%-$77.6K
SOUTHERN CO	SO	$349.5K	4,216	0.02%	flat	7q	-0.7%-$2.4K
VANGUARD INTL EQUITY INDEX F	VEU	$348.2K	4,197	0.02%	flat	6q	HELD
BIOMARIN PHARMACEUTICAL INC	BMRN	$347.6K	5,793	0.02%	flat	2q	+3.1%+$10.4K
SNOWFLAKE INC	SNOW	$347.4K	1,023	0.02%	+0.01pp	2q	+15.6%+$46.9K
SKYWORKS SOLUTIONS INC	SWKS	$346.2K	4,050	0.02%	flat	2q	+12.5%+$38.6K
TAPESTRY INC	TPR	$345.6K	3,004	0.02%	flat	6q	+3.8%+$12.5K
VERTIV HOLDINGS CO	VRT	$345.6K	1,432	0.02%	-0.01pp	3q	-1.4%-$4.8K
MKS INC.	MKSI	$344.7K	1,299	0.02%	-0.01pp	3q	+3.4%+$11.4K
DATADOG INC	DDOG	$344.5K	1,258	0.02%	flat	2q	+3.7%+$12.3K
CAL MAINE FOODS INC	CALM	$342.0K	5,025	0.02%	flat	4q	+19.4%+$55.7K
TALEN ENERGY CORP	TLN	$340.2K	1,088	0.02%	flat	2q	+16.9%+$49.1K
GALLAGHER ARTHUR J CO	AJG	$334.9K	1,468	0.02%	flat	2q	-1.8%-$6.2K
ILLUMINA INC	ILMN	$334.2K	1,221	0.02%	+0.01pp	2q	+3.9%+$12.6K
CUMMINS INC	CMI	$333.2K	645	0.02%	flat	4q	+23.6%+$63.5K
CHURCH & DWIGHT CO INC	CHD	$330.7K	3,510	0.02%	flat	3q	-1.4%-$4.6K
CME GROUP INC	CME	$330.6K	1,262	0.02%	-	new	NEW
MAGNOLIA OIL & GAS CORP	MGY	$330.5K	14,071	0.02%	flat	4q	+4.7%+$14.7K
TEXTRON INC	TXT	$328.3K	4,307	0.02%	flat	2q	+16.1%+$45.6K

Showing the largest 400 of 551 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	$106.7M	5.1%
Software & IT Services	$106.6M	5.1%
Computer Hardware	$63.8M	3.1%
Retail & Consumer	$51.3M	2.5%
Biotech & Pharma	$48.5M	2.3%
Banks & Lending	$40.2M	1.9%
Funds & ETFs	$40.1M	1.9%
Energy	$36.0M	1.7%
Insurance	$31.7M	1.5%
Other sectors	$181.9M	8.7%
Not classified	$1.4B	66.1%

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	+0.5%	+2.1%	-1.6%	99%
Q2 2026	+8.2%	+14.8%	-6.6%	99%
Q1 2026	-0.3%	-4.6%	+4.3%	99%
Q4 2025	+1.2%	+2.4%	-1.1%	99%
Q3 2025	+5.0%	+7.8%	-2.8%	99%
Q2 2025	+4.7%	+10.5%	-5.7%	99%
Q1 2025	-0.9%	-4.6%	+3.7%	99%
Q4 2024	-1.0%	+2.1%	-3.1%	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	$2.1B	551	47	271	143	34	33.7%	15
Q2 2026	$2.1B	538	85	202	162	42	36.7%	27
Q1 2026	$1.9B	495	85	267	90	30	37.4%	29
Q4 2025	$1.8B	440	42	225	105	39	36.6%	29
Q3 2025	$1.7B	437	46	196	139	22	36.9%	29
Q2 2025	$1.6B	413	55	269	37	12	35.9%	31
Q1 2025	$1.4B	370	33	233	56	8	37.6%	28
Q4 2024	$1.4B	345	20	185	74	27	38.6%	24
Q3 2024	$1.4B	352	32	184	70	16	38.4%	18
Q2 2024	$1.2B	336	16	225	51	22	37.0%	32
Q1 2024	$1.2B	342	59	191	29	4	35.8%	31
Q4 2023	$1.0B	287	26	101	120	9	36.7%	31
Q3 2023	$937.9M	270	17	144	48	16	36.3%	31
Q2 2023	$920.0M	269	21	99	89	3	34.6%	25
Q1 2023	$881.0M	251	14	108	81	21	33.5%	21
Q4 2022	$801.9M	258	46	126	47	12	33.5%	23
Q3 2022	$658.0M	224	11	105	62	24	35.0%	20
Q2 2022	$640.3M	237	38	115	49	25	35.1%	12
Q1 2022	$674.4M	224	28	136	41	8	40.0%	19
Q4 2021	$664.7M	204	23	142	15	9	42.6%	26
Q3 2021	$574.7M	190	21	132	9	1	43.5%	18
Q2 2021	$517.2M	170	10	86	25	6	50.1%	16
Q1 2021	$486.3M	166	1	111	26	6	48.0%	28
Q4 2020	$422.4M	171	18	91	34	4	47.3%	15
Q3 2020	$350.9M	157	5	54	80	25	47.3%	34
Q2 2020	$344.4M	177	16	26	124	26	42.4%	36
Q1 2020	$274.4M	187	13	99	61	28	28.0%	44
Q4 2019	$317.0M	202	0	0	0	0	27.2%	49

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.