DaveManuel.com · Institutional Ownership · 13F Holdings

Apollon Financial, LLC

Reported holdings as of Q3 2026, from 12 quarterly filings.

CIK

2011195

Reported value

$883.4M

Positions

308

Top 10 weight

31.6%

Filed

2026-10-23

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
NVIDIA CORPORATION PUT	NVDA	$48.3M	206,231	5.47%	+0.50pp	12q	HELD
ISHARES TR	IVV	$46.4M	60,579	5.25%	+0.06pp	12q	+3.0%+$1.4M
SELECT SECTOR SPDR TR	XLK	$34.9M	178,146	3.95%	-0.26pp	12q	-4.9%-$1.8M
APPLE INC	AAPL	$27.4M	82,417	3.11%	+0.29pp	12q	HELD
ALPHABET INC	GOOG	$24.3M	71,179	2.75%	-0.22pp	12q	HELD
AMAZON COM INC	AMZN	$22.2M	89,009	2.51%	-0.01pp	12q	-0.6%-$123.3K
VANGUARD SPECIALIZED FUNDS	VIG	$20.5M	87,713	2.32%	+0.01pp	12q	+6.1%+$1.2M
AMERICAN CENTY ETF TR	AVLV	$19.0M	210,258	2.15%	-0.05pp	12q	+2.7%+$499.4K
MICROSOFT CORP	MSFT	$18.6M	36,303	2.11%	+0.42pp	12q	-5.6%-$1.1M
ISHARES TR	IJH	$17.9M	248,750	2.03%	-0.15pp	12q	+4.0%+$684.5K
ALPHABET INC	GOOGL	$17.7M	51,502	2.01%	-0.17pp	12q	HELD
DIMENSIONAL ETF TRUST	DFAC	$15.8M	354,914	1.79%	+0.01pp	12q	+4.7%+$701.6K
VANGUARD SCOTTSDALE FDS	VONG	$14.6M	113,548	1.66%	+0.13pp	12q	+12.2%+$1.6M
INVESCO QQQ TR	QQQ	$13.2M	17,866	1.50%	-0.07pp	12q	-1.1%-$152.4K
ISHARES TR	IEFA	$13.1M	135,065	1.48%	-0.04pp	12q	+1.1%+$142.3K
JANUS DETROIT STR TR	JAAA	$11.9M	235,755	1.35%	+0.22pp	9q	+25.0%+$2.4M
DIMENSIONAL ETF TRUST	DFAI	$11.8M	285,290	1.34%	+0.15pp	10q	+16.7%+$1.7M
VANGUARD WORLD FD	MGK	$11.2M	120,856	1.27%	-0.02pp	12q	-2.7%-$309.0K
SPDR SERIES TRUST	SPYG	$10.3M	83,831	1.17%	-0.09pp	12q	-6.4%-$702.5K
SPDR SERIES TRUST	SPYM	$8.8M	98,358	1.00%	flat	12q	+1.9%+$162.6K
BROADCOM INC	AVGO	$8.8M	24,998	0.99%	-0.13pp	12q	-0.7%-$60.4K
VANGUARD INDEX FDS	VTI	$7.8M	20,765	0.88%	-0.03pp	12q	HELD
VANGUARD INDEX FDS	VTV	$7.7M	35,638	0.87%	-0.05pp	12q	HELD
VANGUARD INDEX FDS	VOO	$7.7M	10,942	0.87%	+0.06pp	12q	+9.4%+$661.6K
SELECT SECTOR SPDR TR	XLF	$7.5M	140,435	0.85%	-0.08pp	12q	-3.9%-$304.0K
ISHARES U S ETF TR	NEAR	$7.4M	147,554	0.83%	-0.05pp	5q	HELD
VANECK ETF TRUST	SMH	$7.2M	11,742	0.81%	-0.06pp	11q	+4.2%+$291.1K
COSTCO WHOLESALE CORPORATION	COST	$7.1M	7,769	0.80%	-0.04pp	12q	+1.9%+$131.1K
VANGUARD WORLD FD	VHT	$7.1M	22,328	0.80%	-0.01pp	12q	-2.4%-$174.8K
FIRST TR EXCHANGE-TRADED FD	WCMI	$7.0M	367,094	0.79%	-	new	NEW
BERKSHIRE HATHAWAY INC DEL	BRKB	$6.9M	13,857	0.78%	-0.05pp	12q	-1.8%-$129.0K
AMERICAN CENTY ETF TR	AVEM	$6.9M	73,329	0.78%	+0.14pp	12q	+30.7%+$1.6M
SPDR GOLD TR	GLD	$6.2M	16,367	0.71%	+0.01pp	12q	+2.4%+$144.3K
ISHARES TR	QUAL	$6.2M	27,965	0.70%	-0.02pp	12q	HELD
SELECT SECTOR SPDR TR	XLV	$5.9M	34,901	0.67%	-0.01pp	12q	-3.5%-$216.3K
ISHARES GOLD TR	IAU	$5.9M	75,180	0.66%	-0.02pp	9q	-1.8%-$106.1K
ISHARES INC	IEMG	$5.9M	72,094	0.66%	-0.04pp	6q	+0.5%+$31.2K
PIMCO ETF TR	CMDT	$5.8M	166,236	0.65%	+0.14pp	10q	+17.2%+$845.4K
ISHARES TR	IJR	$5.7M	42,109	0.65%	-0.09pp	12q	-0.8%-$46.7K
SELECT SECTOR SPDR TR	XLI	$5.6M	33,542	0.63%	flat	12q	+16.1%+$776.3K
PIMCO ETF TR	PYLD	$5.5M	216,544	0.62%	+0.02pp	7q	+12.4%+$606.2K
HARTFORD FDS EXCHANGE TRADED	HCRB	$5.5M	164,454	0.62%	+0.01pp	11q	+11.0%+$542.6K
VANGUARD WORLD FD	VCR	$5.4M	14,941	0.62%	-0.12pp	12q	-4.8%-$277.5K
WALMART INC	WMT	$5.2M	50,310	0.59%	-0.09pp	12q	-0.8%-$41.3K
PGIM ETF TR	PTRB	$5.2M	131,524	0.59%	flat	11q	+8.7%+$414.6K
VANGUARD WORLD FD	VPU	$5.1M	30,075	0.58%	-0.07pp	8q	+6.8%+$328.1K
ISHARES TR	USMV	$5.1M	52,270	0.58%	-0.04pp	12q	-3.2%-$170.7K
VANGUARD WORLD FD	VGT	$5.0M	40,095	0.57%	-0.04pp	12q	-7.3%-$399.1K
SPDR SERIES TRUST	SPTI	$5.0M	183,384	0.57%	-0.06pp	4q	-1.6%-$80.9K
JPMORGAN CHASE & CO	JPM	$5.0M	14,973	0.56%	flat	12q	+2.4%+$117.8K
STATE STR SPDR S&P 500 ETF T	SPY	$4.8M	6,326	0.55%	-0.02pp	12q	-1.4%-$69.4K
ISHARES TR	ITA	$4.7M	22,874	0.54%	-0.13pp	12q	-1.2%-$58.6K
PROSHARES TR	NOBL	$4.6M	85,609	0.52%	-0.05pp	12q	-0.9%-$44.2K
AMERICAN CENTY ETF TR	AVUV	$4.3M	36,813	0.49%	+0.05pp	11q	+21.8%+$776.8K
PROSHARES TR	SSO	$4.3M	61,619	0.48%	-0.01pp	12q	HELD
SCHWAB STRATEGIC TR	SCHM	$4.2M	124,021	0.48%	-0.08pp	12q	-3.4%-$150.0K
ISHARES TR	USRT	$4.2M	68,059	0.47%	+0.06pp	7q	+27.3%+$898.7K
SOUTHERN CO	SO	$4.0M	48,786	0.46%	-0.09pp	8q	HELD
ISHARES TR	SMLF	$4.0M	47,575	0.45%	-0.05pp	12q	HELD
ISHARES TR	ITOT	$3.8M	22,887	0.43%	+0.01pp	12q	+4.6%+$166.3K
FIDELITY MERRIMACK STR TR	FBND	$3.6M	83,545	0.41%	+0.07pp	4q	+31.8%+$872.8K
INVESCO EXCHANGE TRADED FD T	XSMO	$3.6M	44,140	0.41%	+0.03pp	9q	+28.2%+$792.3K
DUKE ENERGY CORP NEW	DUK	$3.6M	31,390	0.41%	-0.02pp	8q	+9.1%+$297.6K
AMPLIFY ETF TR	HACK	$3.6M	29,460	0.40%	+0.04pp	11q	-0.6%-$20.0K
CATERPILLAR INC	CAT	$3.4M	4,182	0.38%	-0.20pp	12q	-10.3%-$389.2K
FIRST TR EXCHANGE TRADED FD	CIBR	$3.4M	32,595	0.38%	+0.05pp	12q	+5.0%+$160.8K
ISHARES TR	IUSV	$3.3M	29,906	0.37%	+0.01pp	8q	+6.9%+$211.6K
FIRST TR EXCHANGE TRADED FD	RDVY	$3.3M	41,799	0.37%	-0.03pp	6q	-1.3%-$43.1K
SELECT SECTOR SPDR TR	XLC	$3.2M	28,966	0.36%	-0.01pp	4q	-2.9%-$94.4K
SELECT SECTOR SPDR TR	XLP	$3.2M	39,505	0.36%	-0.09pp	12q	-13.9%-$515.2K
FIRST TR EXCHNG TRADED FD VI	BUFD	$3.1M	101,898	0.35%	-0.01pp	9q	HELD
ISHARES TR	IUSB	$2.9M	66,864	0.33%	-0.01pp	4q	+6.8%+$186.6K
PACER FDS TR	COWZ	$2.9M	43,715	0.33%	+0.02pp	12q	+3.9%+$108.6K
THE ALGER ETF TRUST	ALAI	$2.9M	62,056	0.33%	flat	5q	+3.9%+$109.2K
HARTFORD FDS EXCHANGE TRADED	HMOP	$2.7M	74,507	0.31%	-0.01pp	6q	+7.7%+$197.0K
DIMENSIONAL ETF TRUST	DFAX	$2.7M	74,075	0.31%	+0.04pp	7q	+18.9%+$436.7K
ISHARES TR	IYW	$2.7M	10,205	0.31%	-0.01pp	12q	-3.2%-$88.5K
PIMCO ETF TR	BOND	$2.6M	29,840	0.29%	+0.03pp	4q	+24.9%+$517.6K
VANGUARD WORLD FD	VIS	$2.6M	8,082	0.29%	-0.02pp	12q	+8.0%+$192.6K
VANGUARD INDEX FDS	VXF	$2.6M	11,141	0.29%	-0.03pp	7q	HELD
ISHARES TR	HYDB	$2.4M	54,471	0.28%	+0.05pp	6q	+29.5%+$558.6K
ADVANCED MICRO DEVICES INC	AMD	$2.4M	3,943	0.27%	+0.01pp	12q	+1.6%+$37.9K
ISHARES TR	IQLT	$2.4M	48,591	0.27%	-0.61pp	7q	-67.8%-$5.1M
ELI LILLY & CO	LLY	$2.4M	2,073	0.27%	-0.01pp	12q	+5.6%+$127.3K
SELECT SECTOR SPDR TR	XLY	$2.4M	21,961	0.27%	-0.16pp	12q	-29.8%-$1.0M
RBB FD INC	TBIL	$2.4M	47,479	0.27%	+0.17pp	5q	+180.2%+$1.5M
DIMENSIONAL ETF TRUST	DFIC	$2.3M	62,354	0.27%	+0.02pp	7q	+12.7%+$264.5K
ISHARES TR	AGG	$2.3M	23,849	0.26%	-0.01pp	12q	+5.9%+$126.4K
EXXONMOBIL HOLDINGS CORP	XOM	$2.2M	13,608	0.25%	-	new	NEW
AMERICAN ELEC PWR CO INC	AEP	$2.2M	18,247	0.25%	-0.03pp	8q	+9.1%+$179.9K
ISHARES TR	MUB	$2.1M	20,910	0.24%	-0.03pp	12q	-3.0%-$66.3K
DEERE CO	DE	$2.1M	3,142	0.24%	+0.01pp	12q	+1.3%+$27.5K
SELECT SECTOR SPDR TR	XLE	$2.1M	34,075	0.24%	+0.01pp	12q	-7.8%-$178.3K
WEC ENERGY GROUP INC	WEC	$2.1M	20,626	0.24%	-0.04pp	8q	+2.6%+$51.7K
VANGUARD WORLD FD	VDC	$2.0M	9,245	0.23%	-0.03pp	12q	-4.3%-$90.3K
VANGUARD STAR FDS	VXUS	$2.0M	23,460	0.23%	-0.03pp	7q	-6.2%-$132.3K
FIRST TR EXCHANGE TRADED FD	SKYY	$2.0M	12,037	0.22%	+0.04pp	12q	+5.4%+$100.9K
SPDR SERIES TRUST	SPMB	$2.0M	93,146	0.22%	-0.03pp	3q	-4.5%-$93.1K
PGIM SHORT DUR HIG YLD OPP F	SDHY	$1.9M	126,890	0.22%	flat	12q	+11.7%+$202.0K
VANGUARD SCOTTSDALE FDS	VCIT	$1.9M	24,227	0.21%	-0.01pp	8q	+7.3%+$128.5K
BLACKROCK ETF TRUST	DYNF	$1.9M	27,158	0.21%	+0.02pp	5q	+15.9%+$258.5K
VANGUARD INDEX FDS	VOT	$1.9M	6,363	0.21%	+0.03pp	8q	+28.1%+$407.2K
AMERICAN CENTY ETF TR	AVDE	$1.8M	20,351	0.21%	+0.03pp	3q	+18.8%+$289.9K
LATTICE STRATEGIES TR	RODM	$1.8M	44,923	0.21%	+0.02pp	4q	+16.4%+$257.8K
SPDR SERIES TRUST	SPYV	$1.8M	29,589	0.20%	-0.01pp	12q	-0.5%-$9.5K
META PLATFORMS INC	META	$1.8M	2,430	0.20%	flat	12q	-19.3%-$421.3K
FIRST TR EXCHNG TRADED FD VI	BUFR	$1.8M	46,795	0.20%	-0.01pp	11q	-1.2%-$21.7K
FIRST TR EXCHANGE-TRADED FD	FVD	$1.7M	37,249	0.20%	-0.02pp	12q	-0.8%-$14.4K
ALPS ETF TR	OUSA	$1.7M	28,465	0.19%	-0.01pp	12q	-0.6%-$10.4K
SPDR SERIES TRUST	XNTK	$1.7M	4,395	0.19%	+0.02pp	9q	+22.6%+$309.6K
ISHARES TR	SOXX	$1.7M	2,953	0.19%	-0.01pp	12q	+10.0%+$153.0K
ISHARES TR	DVY	$1.6M	10,793	0.19%	flat	12q	+7.6%+$116.2K
VANGUARD ADMIRAL FDS INC	VOOV	$1.6M	7,207	0.18%	-0.01pp	8q	+0.8%+$12.3K
DFA INVT DIMENSIONS GROUP IN	DCOR	$1.6M	19,088	0.18%	-	new	NEW
DIMENSIONAL ETF TRUST	DFUS	$1.6M	18,918	0.18%	-0.01pp	7q	HELD
VANGUARD ADMIRAL FDS INC	VOOG	$1.6M	18,308	0.18%	+0.01pp	8q	+5.4%+$80.3K
RTX CORPORATION	RTX	$1.5M	8,253	0.17%	-0.01pp	9q	+3.1%+$46.6K
INVESCO EXCHANGE TRADED FD T	SPHQ	$1.5M	18,113	0.17%	-0.02pp	12q	HELD
DIMENSIONAL ETF TRUST	DFAS	$1.5M	19,663	0.17%	-0.02pp	7q	HELD
ISHARES TR	IUSG	$1.5M	7,536	0.17%	flat	7q	-1.4%-$20.5K
SELECT SECTOR SPDR TR	XLB	$1.4M	29,289	0.16%	-	new	NEW
SPDR SERIES TRUST	SPMD	$1.4M	22,309	0.16%	-0.02pp	12q	-0.7%-$10.0K
ISHARES TR	IWD	$1.4M	5,615	0.16%	flat	12q	-1.0%-$13.4K
JOHNSON & JOHNSON	JNJ	$1.4M	5,234	0.16%	+0.02pp	12q	+13.1%+$160.4K
ISHARES TR	IAGG	$1.4M	27,594	0.15%	+0.02pp	12q	+25.4%+$274.9K
INVESCO EXCHANGE TRADED FD T	RSP	$1.3M	6,464	0.15%	flat	12q	+8.4%+$104.4K
J P MORGAN EXCHANGE TRADED F	JEPI	$1.3M	23,607	0.15%	+0.01pp	7q	+12.2%+$144.7K
ISHARES TR	IHI	$1.3M	25,810	0.15%	-0.07pp	12q	-32.0%-$622.2K
VANGUARD WHITEHALL FDS	VYMI	$1.3M	12,889	0.15%	+0.03pp	6q	+25.3%+$263.0K
ISHARES TR	IWF	$1.3M	10,256	0.15%	-0.01pp	9q	-0.7%-$9.5K
ISHARES TR	IVW	$1.2M	8,385	0.14%	flat	12q	+2.7%+$30.9K
SPDR SERIES TRUST	SPIB	$1.2M	35,840	0.13%	-0.02pp	3q	-6.1%-$75.1K
DIMENSIONAL ETF TRUST	DFAU	$1.1M	21,821	0.13%	flat	6q	HELD
VANGUARD WHITEHALL FDS	VYM	$1.1M	7,275	0.13%	-0.01pp	12q	-2.1%-$23.7K
FIRST TR EXCHANGE TRADED FD	FXH	$1.1M	8,584	0.13%	flat	12q	HELD
SCHWAB STRATEGIC TR	SCHB	$1.1M	38,096	0.13%	flat	4q	HELD
VANGUARD INDEX FDS	VUG	$1.1M	11,995	0.12%	flat	12q	+3.5%+$37.0K
TCW ETF TRUST	FLXR	$1.1M	28,035	0.12%	-0.01pp	7q	-2.5%-$27.5K
ISHARES TR	IVE	$1.0M	4,589	0.12%	flat	7q	HELD
ISHARES TR	HDV	$1.0M	36,900	0.12%	flat	12q	+6.3%+$61.5K
SELECT SECTOR SPDR TR	XLU	$1.0M	26,122	0.12%	-0.03pp	9q	-3.7%-$39.7K
J P MORGAN EXCHANGE TRADED F	JMUB	$1.0M	21,584	0.12%	flat	11q	+9.3%+$87.0K
VANGUARD INDEX FDS	VO	$1.0M	12,783	0.11%	+0.01pp	5q	+13.5%+$119.1K
CHEVRON CORPORATION	CVX	$1.0M	4,906	0.11%	+0.03pp	12q	+15.3%+$132.7K
T ROWE PRICE EXCHANGE-TRADED	TCAF	$998.5K	23,621	0.11%	+0.01pp	10q	+12.3%+$109.4K
SPDR SERIES TRUST	LGLV	$998.0K	5,725	0.11%	-0.01pp	7q	-2.6%-$26.1K
SPDR INDEX SHS FDS	SPDW	$991.7K	19,752	0.11%	flat	7q	HELD
ISHARES TR	IGV	$985.8K	9,258	0.11%	+0.01pp	12q	-3.6%-$36.4K
WISDOMTREE TR	DGRW	$973.5K	10,011	0.11%	flat	9q	HELD
VANGUARD TAX-MANAGED FDS	VEA	$967.4K	13,700	0.11%	-0.01pp	9q	HELD
CISCO SYS INC	CSCO	$961.0K	8,929	0.11%	-0.02pp	12q	-0.6%-$5.7K
ENTERPRISE PRODS PARTNERS L	EPD	$938.5K	26,356	0.11%	-0.01pp	12q	HELD
VANGUARD INDEX FDS	VV	$901.8K	2,563	0.10%	flat	7q	HELD
TAIWAN SEMICONDUCTOR MANUFAC	TSM	$884.7K	1,939	0.10%	-0.01pp	4q	-1.1%-$9.6K
BANK OF AMER CORP	BACPRL	$863.6K	707	0.10%	-0.01pp	8q	-5.0%-$45.2K
SPDR SERIES TRUST	QUS	$848.8K	4,465	0.10%	flat	9q	HELD
VISA INC	V	$830.4K	2,311	0.09%	flat	12q	+2.4%+$19.8K
INVESCO EXCH TRD SLF IDX FD	OMFL	$813.9K	11,676	0.09%	flat	12q	-1.9%-$15.9K
GOLDMAN SACHS ETF TR	GSLC	$808.9K	5,577	0.09%	flat	12q	HELD
BOEING CO	BA	$806.5K	4,335	0.09%	-0.02pp	5q	HELD
FIRST TR EXCHANGE-TRADED FD	ROBT	$794.7K	13,417	0.09%	+0.01pp	9q	+11.9%+$84.3K
TESLA INC	TSLA	$791.2K	2,230	0.09%	-0.02pp	12q	+0.7%+$5.3K
INTEL CORP	INTC	$774.8K	6,444	0.09%	flat	3q	+15.2%+$102.1K
GOLDMAN SACHS ETF TR	GEM	$765.2K	14,974	0.09%	-0.03pp	4q	-19.8%-$188.6K
CROWDSTRIKE HLDGS INC	CRWD	$764.6K	2,888	0.09%	+0.03pp	6q	+10.7%+$74.1K
DIMENSIONAL ETF TRUST	DFNM	$740.7K	16,092	0.08%	+0.05pp	3q	+181.6%+$477.6K
FIRST TR EXCHANGE-TRADED FD	GRID	$730.5K	4,125	0.08%	+0.01pp	3q	+27.0%+$155.1K
SPDR INDEX SHS FDS	SPEM	$703.7K	13,595	0.08%	flat	5q	+2.2%+$15.3K
MICRON TECHNOLOGY INC	MU	$703.0K	660	0.08%	flat	2q	+19.3%+$114.0K
MERCK & CO INC	MRK	$689.0K	4,742	0.08%	+0.01pp	11q	+4.9%+$32.1K
FIDELITY COVINGTON TRUST	FPFD	$688.2K	33,603	0.08%	flat	3q	+8.9%+$56.2K
GE VERNOVA INC	GEV	$681.6K	717	0.08%	-0.02pp	4q	HELD
VANGUARD WORLD FD	MGC	$675.3K	2,392	0.08%	flat	12q	HELD
VANGUARD INDEX FDS	VNQ	$670.8K	7,485	0.08%	flat	8q	+6.3%+$39.8K
ARISTA NETWORKS INC	ANET	$666.1K	3,272	0.08%	+0.01pp	6q	+4.9%+$30.9K
INVESCO EXCHANGE TRADED FD T	RPV	$657.3K	5,729	0.07%	flat	12q	+1.8%+$11.7K
ISHARES TR	DGRO	$650.9K	8,634	0.07%	flat	11q	+12.4%+$71.6K
THE ALGER ETF TRUST	CNEQ	$648.5K	15,960	0.07%	flat	5q	HELD
VANGUARD INTL EQUITY INDEX F	VWO	$647.0K	10,909	0.07%	flat	6q	-0.8%-$5.5K
BLACKROCK ETF TRUST	BAI	$633.8K	13,430	0.07%	+0.04pp	2q	+142.0%+$371.9K
EASTGROUP PPTYS INC	EGP	$633.0K	3,206	0.07%	flat	12q	HELD
GLOBAL X FDS	PFFD	$620.7K	35,269	0.07%	-0.01pp	8q	HELD
CSX CORP	CSX	$606.4K	13,038	0.07%	-	new	NEW
NUSHARES ETF TR	NUAG	$606.1K	30,274	0.07%	-0.01pp	11q	-0.9%-$5.8K
MCDONALDS CORP	MCD	$604.2K	2,616	0.07%	flat	12q	+16.8%+$87.1K
VANGUARD WELLINGTON FD	VFMV	$595.2K	4,205	0.07%	flat	7q	HELD
MASTERCARD INCORPORATED	MA	$592.6K	1,075	0.07%	flat	12q	+2.1%+$12.1K
CAPITAL GRP FIXED INCM ETF T	CGHM	$586.1K	24,349	0.07%	flat	2q	+15.1%+$76.8K
UNITEDHEALTH GROUP INC	UNH	$581.5K	1,584	0.07%	-0.01pp	5q	+0.9%+$5.1K
AT&T INC	T	$578.4K	23,704	0.07%	+0.01pp	12q	+2.5%+$14.1K
INTERNATIONAL BUSINESS MACHS	IBM	$569.2K	2,588	0.06%	-0.01pp	9q	+21.4%+$100.5K
COHEN & STEERS ETF TRUST	CSRE	$563.9K	21,119	0.06%	flat	2q	+14.4%+$70.9K
PHILIP MORRIS INTL INC	PM	$557.4K	2,921	0.06%	+0.02pp	4q	+38.2%+$154.0K
PGIM ROCK ETF TR	BUFP	$555.5K	16,900	0.06%	flat	2q	+2.5%+$13.8K
HOME DEPOT INC	HD	$553.6K	1,946	0.06%	-0.02pp	8q	-2.1%-$11.9K
CONSTELLATION ENERGY CORP	CEG	$545.5K	2,148	0.06%	flat	8q	+1.2%+$6.6K
HOWMET AEROSPACE INC	HWM	$541.7K	2,395	0.06%	-0.02pp	3q	-1.6%-$8.6K
DIMENSIONAL ETF TRUST	DGCB	$535.9K	10,323	0.06%	+0.02pp	2q	+59.1%+$199.1K
SPROTT ASSET MANAGEMENT LP	PHYS	$530.4K	16,963	0.06%	flat	4q	HELD
LAM RESEARCH CORP	LRCX	$526.2K	1,602	0.06%	-0.02pp	4q	-2.9%-$15.8K
FIRST TR EXCHANGE-TRADED FD	FXZ	$523.2K	6,770	0.06%	flat	12q	HELD
INNOVATOR ETFS TRUST	QFLR	$521.4K	14,447	0.06%	flat	3q	HELD
VANGUARD INDEX FDS	VBR	$520.3K	2,252	0.06%	-0.01pp	12q	-10.9%-$63.5K
VERIZON COMMUNICATIONS INC	VZ	$514.6K	11,220	0.06%	+0.02pp	7q	+32.8%+$127.2K
STATE STR SPDR S&P MIDCAP 40	MDY	$513.2K	781	0.06%	-0.01pp	9q	HELD
AMGEN INC	AMGN	$511.8K	1,214	0.06%	+0.01pp	12q	HELD
INVESCO EXCH TRADED FD TR II	SPHD	$509.6K	10,577	0.06%	-0.01pp	12q	HELD
ORACLE CORP	ORCL	$501.8K	3,655	0.06%	-0.01pp	9q	-3.6%-$18.7K
AMERICAN EXPRESS CO	AXP	$501.6K	1,650	0.06%	-0.01pp	8q	HELD
VANGUARD SCOTTSDALE FDS	VGSH	$498.3K	8,658	0.06%	-0.04pp	5q	-39.8%-$330.2K
VANGUARD WORLD FD	VFH	$497.6K	3,825	0.06%	flat	11q	HELD
WELLS FARGO & CO	WFCPRL	$490.2K	454	0.06%	-0.01pp	8q	-10.5%-$57.2K
DISNEY WALT CO	DIS	$490.1K	4,672	0.06%	-0.01pp	12q	-12.5%-$70.2K
CAPITAL GROUP DIVIDEND VALUE	CGDV	$475.8K	9,741	0.05%	flat	2q	HELD
ISHARES TR	IYF	$471.9K	3,755	0.05%	flat	12q	HELD
PROSHARES TR	TDV	$471.2K	4,741	0.05%	flat	12q	HELD
INVESCO EXCH TRADED FD TR II	SPLV	$462.7K	6,562	0.05%	-0.01pp	12q	HELD
PACER FDS TR	TRFK	$460.3K	4,564	0.05%	-	new	NEW
DIMENSIONAL ETF TRUST	DFEM	$460.2K	11,587	0.05%	+0.01pp	2q	+38.0%+$126.8K
SPROTT ASSET MANAGEMENT LP	PSLV	$457.8K	23,633	0.05%	flat	4q	HELD
ISHARES TR	IWM	$457.2K	1,645	0.05%	-0.01pp	5q	HELD
AUTOZONE INC	AZO	$455.6K	161	0.05%	-0.01pp	12q	HELD
INNOVATOR ETFS TRUST	SFLR	$455.6K	11,697	0.05%	flat	3q	HELD
FIRST TR EXCHANGE-TRADED FD	FTCS	$446.0K	4,752	0.05%	flat	2q	HELD
ABBVIE INC	ABBV	$446.0K	1,705	0.05%	+0.01pp	7q	+11.9%+$47.3K
FIRST TR EXCHANGE-TRADED FD	QQEW	$434.5K	2,670	0.05%	flat	12q	HELD
EVERGY INC	EVRG	$431.3K	5,499	0.05%	-0.01pp	8q	+1.0%+$4.5K
COCA COLA CO	KO	$428.1K	4,973	0.05%	flat	7q	+3.6%+$15.1K
GOLDMAN SACHS GROUP INC	GS	$426.1K	473	0.05%	-0.01pp	5q	HELD
SPDR SERIES TRUST	JNK	$406.4K	4,382	0.05%	-0.01pp	12q	-4.2%-$17.8K
PALO ALTO NETWORKS INC	PANW	$403.5K	1,016	0.05%	+0.01pp	2q	+4.9%+$18.7K
SANDISK CORP	SNDK	$400.2K	230	0.05%	flat	2q	+29.9%+$92.2K
J P MORGAN EXCHANGE TRADED F	JEPQ	$398.0K	6,497	0.05%	flat	4q	HELD
DIMENSIONAL ETF TRUST	DFAE	$397.6K	10,115	0.05%	flat	4q	HELD
BLACKROCK ETF TRUST II	HIMU	$380.5K	8,330	0.04%	+0.01pp	3q	+32.6%+$93.6K
PROCTER & GAMBLE CO	PG	$378.2K	2,603	0.04%	flat	11q	+6.6%+$23.4K
JANUS DETROIT STR TR	JSML	$361.5K	4,207	0.04%	-0.01pp	3q	-9.3%-$37.0K
INVESCO EXCHANGE TRADED FD T	PDP	$357.2K	2,592	0.04%	-0.01pp	12q	HELD
FIRST TR EXCHANGE TRADED FD	FXL	$356.0K	1,611	0.04%	flat	6q	+2.2%+$7.7K
SPDR SERIES TRUST	SDY	$355.1K	2,424	0.04%	flat	12q	HELD
DIMENSIONAL ETF TRUST	DFAW	$354.3K	4,304	0.04%	flat	2q	+9.3%+$30.1K
FIRST TR EXCH TRADED FD III	FTLS	$351.7K	4,586	0.04%	+0.01pp	2q	+44.7%+$108.7K
ISHARES TR	EFA	$348.3K	3,353	0.04%	flat	6q	HELD
TEXAS INSTRS INC	TXN	$346.9K	1,239	0.04%	flat	3q	HELD
GLOBAL X FDS	PAVE	$341.2K	6,499	0.04%	-0.01pp	9q	HELD
BLACKROCK INC	BLK	$335.7K	317	0.04%	+0.01pp	4q	+9.7%+$29.7K
MARVELL TECHNOLOGY INC	MRVL	$334.2K	1,265	0.04%	-0.01pp	2q	-1.2%-$4.0K
BLACKROCK ETF TRUST	CORO	$333.3K	9,170	0.04%	-	new	NEW
ISHARES TR	IYJ	$330.8K	2,157	0.04%	flat	11q	+3.6%+$11.5K
NEXTERA ENERGY INC	NEE	$328.8K	4,342	0.04%	flat	4q	+14.3%+$41.1K
SPDR SERIES TRUST	TFI	$328.1K	7,672	0.04%	-	new	NEW
FIDELITY COVINGTON TRUST	FFLC	$325.6K	5,512	0.04%	+0.01pp	2q	+42.9%+$97.8K
FIRST TR EXCHANGE-TRADED ALP	FEX	$325.3K	2,453	0.04%	flat	12q	HELD
SCHWAB STRATEGIC TR	SCHG	$325.1K	9,049	0.04%	+0.01pp	4q	+19.6%+$53.4K
AMERICAN CENTY ETF TR	QGRO	$324.4K	2,767	0.04%	flat	8q	-4.3%-$14.7K
ISHARES TR	IJT	$320.7K	2,000	0.04%	-0.01pp	12q	HELD
ENERGY TRANSFER L P	ET	$318.2K	16,095	0.04%	flat	12q	+0.6%+$1.9K
TORONTO DOMINION BK ONT	TD	$315.8K	2,687	0.04%	-	new	NEW
PROFESIONALLY MANAGED PORTFO	AKRE	$306.7K	5,823	0.03%	flat	4q	HELD
GE AEROSPACE	GE	$306.4K	981	0.03%	-	new	NEW
ISHARES TR	VLUE	$306.3K	1,547	0.03%	flat	3q	HELD
DELL TECHNOLOGIES INC	DELL	$293.7K	546	0.03%	-	new	NEW
PAYCHEX INC	PAYX	$293.1K	2,976	0.03%	flat	6q	-1.4%-$4.1K
FIRST TR EXCHANGE-TRADED FD	ACYN	$291.9K	13,991	0.03%	flat	2q	HELD
SPDR SERIES TRUST	SPSM	$286.7K	5,424	0.03%	flat	3q	HELD
ISHARES TR	IGRO	$286.6K	3,229	0.03%	flat	2q	HELD
WILLIAMS COS INC	WMB	$282.4K	4,155	0.03%	-	new	NEW
WP CAREY INC	WPC	$281.7K	4,358	0.03%	-0.01pp	9q	-11.2%-$35.7K
WISDOMTREE TR	WTAI	$281.4K	6,440	0.03%	+0.01pp	2q	+45.0%+$87.4K
ALTRIA GROUP INC	MO	$278.8K	4,141	0.03%	flat	3q	+3.1%+$8.4K
BLACKROCK ETF TRUST	BALI	$275.7K	8,000	0.03%	-	new	NEW
VISTRA CORP	VST	$272.2K	1,968	0.03%	-0.01pp	6q	-10.1%-$30.6K
DIMENSIONAL ETF TRUST	DFGX	$269.3K	5,266	0.03%	-	new	NEW
ISHARES TR	MTUM	$268.8K	847	0.03%	flat	3q	HELD
DIMENSIONAL ETF TRUST	DFCF	$268.4K	6,690	0.03%	-	new	NEW
VANGUARD INDEX FDS	VBK	$268.4K	794	0.03%	-0.01pp	12q	-15.9%-$50.7K
ISHARES TR	PFF	$265.5K	9,000	0.03%	flat	12q	HELD
EATON CORP PLC	ETN	$264.8K	616	0.03%	-	new	NEW
INVESCO EXCHANGE TRADED FD T	EQWL	$263.6K	2,043	0.03%	flat	2q	HELD
SCHWAB STRATEGIC TR	SCHX	$262.2K	8,740	0.03%	-	new	NEW
SCHWAB STRATEGIC TR	SCHV	$259.4K	7,788	0.03%	-	new	NEW
NORFOLK SOUTHN CORP	NSC	$254.5K	824	0.03%	flat	4q	-4.8%-$13.0K
ISHARES TR	IFRA	$253.6K	4,608	0.03%	flat	9q	+3.4%+$8.3K
SSGA ACTIVE TR	ALLW	$249.3K	8,725	0.03%	-	new	NEW
BLACKROCK ETF TRUST	THRO	$246.3K	5,600	0.03%	flat	2q	+14.3%+$30.8K
VANGUARD WORLD FD	MGV	$245.5K	1,524	0.03%	flat	2q	HELD
ISHARES SILVER TR	SLV	$245.3K	4,500	0.03%	flat	9q	+10.7%+$23.7K
BANK OF AMER CORP	BAC	$244.2K	4,486	0.03%	flat	2q	+8.4%+$19.0K
GOLDMAN SACHS ETF TR	GSIE	$244.1K	5,324	0.03%	flat	2q	HELD
SCHWAB STRATEGIC TR	SCHA	$243.4K	7,460	0.03%	-0.01pp	4q	-5.4%-$13.8K
VANGUARD INDEX FDS	VB	$241.5K	849	0.03%	-	new	NEW
EXELON CORP	EXC	$239.7K	5,934	0.03%	-0.01pp	3q	-1.2%-$2.9K
ISHARES TR	IYH	$236.9K	3,310	0.03%	flat	7q	-8.1%-$20.8K
PRINCIPAL EXCHANGE TRADED FD	PIEQ	$235.5K	6,541	0.03%	flat	2q	+10.1%+$21.6K
LOCKHEED MARTIN CORP	LMT	$233.1K	458	0.03%	-0.01pp	8q	-16.1%-$44.8K
ELEVANCE HEALTH INC FORMERLY	ELV	$229.9K	591	0.03%	flat	2q	+1.4%+$3.1K
T ROWE PRICE EXCHANGE-TRADED	TVAL	$229.0K	5,452	0.03%	-	new	NEW
QUANTA SVCS INC	PWR	$226.2K	352	0.03%	-	new	NEW
PEPSICO INC	PEP	$221.5K	1,748	0.03%	flat	4q	-6.7%-$16.0K
THERMO FISHER SCIENTIFIC INC	TMO	$219.5K	325	0.02%	-	new	NEW
ISHARES TR	ACWI	$218.0K	1,373	0.02%	flat	4q	HELD
FIRST TR EXCHNG TRADED FD VI	BUFZ	$215.6K	7,556	0.02%	flat	2q	HELD
PALANTIR TECHNOLOGIES INC	PLTR	$206.5K	1,104	0.02%	-	new	NEW
NEBIUS GROUP N.V.	NBIS	$206.2K	874	0.02%	-0.01pp	2q	HELD
CHUBB LIMITED	CB	$204.6K	629	0.02%	flat	2q	HELD
ISHARES TR	TLTW	$202.7K	10,000	0.02%	-	new	NEW
ARM HOLDINGS PLC	ARM	$201.6K	696	0.02%	-0.01pp	2q	-3.1%-$6.4K
ELEDON PHARMACEUTICALS INC	ELDN	$28.5K	11,258	0.00%	-	new	NEW

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	$64.0M	7.2%
Semiconductors & Electronics	$63.8M	7.2%
Retail & Consumer	$36.1M	4.1%
Computer Hardware	$30.7M	3.5%
Capital Markets	$14.1M	1.6%
Utilities	$13.7M	1.5%
Other sectors	$49.0M	5.5%
Not classified	$612.0M	69.3%

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	+0.7%	+2.1%	-1.4%	100%
Q2 2026	+12.8%	+14.8%	-2.0%	100%
Q1 2026	-3.0%	-4.6%	+1.6%	100%
Q4 2025	+2.9%	+2.4%	+0.5%	100%
Q3 2025	+8.7%	+7.8%	+0.9%	100%
Q2 2025	+10.5%	+10.5%	+0.1%	100%
Q1 2025	-5.1%	-4.6%	-0.6%	100%
Q4 2024	+3.0%	+2.1%	+0.8%	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	$883.4M	308	26	125	81	11	31.6%	23
Q2 2026	$847.6M	293	35	133	63	2	31.5%	23
Q1 2026	$723.1M	260	20	134	58	15	30.8%	22
Q4 2025	$688.7M	255	34	129	48	2	33.0%	22
Q3 2025	$601.5M	223	15	123	38	3	35.2%	17
Q2 2025	$479.1M	211	15	82	64	4	33.2%	25
Q1 2025	$425.2M	200	24	97	53	10	32.0%	32
Q4 2024	$403.8M	186	26	94	29	5	37.3%	28
Q3 2024	$340.0M	165	25	61	31	2	39.4%	36
Q2 2024	$309.1M	142	4	48	39	12	42.9%	19
Q1 2024	$289.5M	150	16	57	44	5	39.8%	32
Q4 2023	$253.8M	139	0	0	0	0	38.5%	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.