DaveManuel.com · Institutional Ownership · 13F Holdings

Clark Asset Management, LLC

Reported holdings as of Q3 2026, from 16 quarterly filings.

CIK

2062026

Reported value

$1.4B

Positions

299

Top 10 weight

58.3%

Filed

2026-10-19

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
VANGUARD TAX-MANAGED FDS	VEA	$203.2M	2,878,232	14.91%	-0.30pp	16q	+5.8%+$11.2M
VANGUARD INDEX FDS	VUG	$132.5M	1,470,547	9.72%	+0.19pp	16q	+4.3%+$5.5M
VANGUARD INDEX FDS	VTV	$127.0M	587,602	9.31%	-0.17pp	16q	+5.9%+$7.1M
VANGUARD INTL EQUITY INDEX F	VWO	$70.8M	1,194,287	5.20%	-0.07pp	16q	+6.2%+$4.2M
VANGUARD INDEX FDS	VB	$54.3M	190,753	3.98%	-0.29pp	16q	+6.2%+$3.2M
VANGUARD CHARLOTTE FDS	BNDX	$50.6M	1,079,491	3.71%	-0.02pp	16q	+10.0%+$4.6M
VANGUARD BD INDEX FDS	BSV	$48.0M	627,869	3.52%	-0.05pp	16q	+7.4%+$3.3M
APPLE INC	AAPL	$39.8M	119,476	2.92%	+0.24pp	16q	+1.1%+$448.2K
VANGUARD INDEX FDS	VTI	$39.3M	105,130	2.89%	-0.29pp	16q	-3.8%-$1.6M
INVESCO EXCH TRD SLF IDX FD	BSCR	$29.8M	1,525,560	2.19%	+0.17pp	16q	+16.7%+$4.3M
INVESCO EXCH TRD SLF IDX FD	BSCS	$29.1M	1,444,441	2.13%	+0.12pp	16q	+14.6%+$3.7M
INVESCO EXCH TRD SLF IDX FD	BSCT	$29.0M	1,594,133	2.13%	+0.08pp	16q	+13.3%+$3.4M
INVESCO EXCH TRD SLF IDX FD	BSCU	$25.8M	1,596,264	1.89%	+0.06pp	16q	+14.2%+$3.2M
INVESCO EXCH TRD SLF IDX FD	BSCQ	$24.3M	1,245,307	1.78%	-0.01pp	16q	+6.2%+$1.4M
VANGUARD INDEX FDS	VOO	$22.4M	32,000	1.65%	+0.17pp	16q	+16.9%+$3.2M
VANGUARD BD INDEX FDS	BIV	$22.3M	306,347	1.64%	-0.05pp	16q	+9.4%+$1.9M
INVESCO EXCH TRD SLF IDX FD	BSCV	$21.8M	1,379,428	1.60%	+0.12pp	16q	+20.0%+$3.6M
VANGUARD SCOTTSDALE FDS	VMBS	$20.6M	464,454	1.51%	-0.03pp	16q	+10.7%+$2.0M
VANGUARD BD INDEX FDS	BLV	$20.0M	318,196	1.46%	-0.08pp	16q	+11.7%+$2.1M
INVESCO EXCH TRD SLF IDX FD	BSCW	$17.5M	892,618	1.28%	+0.16pp	15q	+28.2%+$3.8M
VANGUARD MUN BD FDS	VTEB	$14.4M	303,461	1.05%	-0.20pp	16q	-4.1%-$610.4K
INVESCO EXCH TRD SLF IDX FD	BSCX	$13.4M	670,634	0.98%	+0.13pp	11q	+29.2%+$3.0M
NVIDIA CORPORATION	NVDA	$12.6M	55,284	0.93%	+0.26pp	14q	+30.7%+$3.0M
MICROSOFT CORP	MSFT	$12.2M	23,807	0.90%	+0.18pp	16q	-2.8%-$347.8K
AMAZON COM INC	AMZN	$9.9M	39,929	0.73%	flat	16q	+2.2%+$210.8K
INVESCO EXCH TRD SLF IDX FD	BSCY	$9.3M	474,769	0.68%	+0.02pp	9q	+17.2%+$1.4M
INVESCO QQQ TR	QQQ	$8.7M	11,720	0.64%	-0.04pp	11q	+0.9%+$74.0K
SCHWAB STRATEGIC TR	SCHB	$7.6M	258,235	0.56%	-0.06pp	10q	-4.1%-$325.3K
BROADCOM INC	AVGO	$6.6M	18,680	0.48%	+0.33pp	11q	+274.3%+$4.8M
DIMENSIONAL ETF TRUST	DFAC	$6.0M	134,058	0.44%	-0.05pp	16q	-3.7%-$231.4K
INVESCO BULLETSHS 2035	BSCZ	$5.4M	279,003	0.39%	+0.05pp	5q	+31.6%+$1.3M
DIMENSIONAL ETF TRUST	DFUS	$5.0M	60,726	0.37%	-0.01pp	14q	+3.6%+$175.4K
ALPHABET INC	GOOG	$4.9M	14,354	0.36%	-0.01pp	11q	+6.6%+$304.6K
META PLATFORMS INC	META	$4.8M	6,586	0.35%	+0.04pp	15q	-6.2%-$316.2K
VANGUARD INTL EQUITY INDEX F	VEU	$4.8M	57,271	0.35%	-0.01pp	16q	+5.9%+$266.4K
ANALOG DEVICES INC	ADI	$4.4M	11,166	0.32%	-0.02pp	9q	HELD
ALPHABET INC	GOOGL	$4.0M	11,707	0.30%	-0.04pp	12q	-2.2%-$92.2K
JPMORGAN CHASE & CO	JPM	$4.0M	12,054	0.29%	-0.03pp	11q	-2.8%-$116.8K
VISA INC	V	$3.7M	10,393	0.27%	-0.01pp	16q	-1.6%-$61.1K
VANGUARD STAR FDS	VXUS	$3.5M	41,665	0.26%	-0.03pp	16q	-3.5%-$128.0K
INVESCO EXCH TRD SLF IDX FD	BSMU	$3.4M	163,199	0.25%	+0.06pp	16q	+44.7%+$1.1M
JOHNSON & JOHNSON	JNJ	$3.4M	12,855	0.25%	-0.01pp	13q	-2.6%-$91.6K
ARISTA NETWORKS INC	ANET	$3.4M	16,695	0.25%	+0.19pp	3q	+248.6%+$2.4M
DIMENSIONAL ETF TRUST	DFUV	$3.2M	58,170	0.23%	-0.03pp	14q	-5.4%-$184.2K
INVESCO EXCH TRD SLF IDX FD	BSMV	$3.2M	159,444	0.23%	+0.06pp	12q	+49.9%+$1.1M
MASTERCARD INCORPORATED	MA	$3.1M	5,618	0.23%	flat	16q	HELD
DIMENSIONAL ETF TRUST	DFIV	$3.0M	53,521	0.22%	-0.01pp	14q	-2.2%-$65.9K
BERKSHIRE HATHAWAY INC DEL	BRKA	$3.0M	4	0.22%	-0.02pp	7q	HELD
ISHARES TR	IVV	$2.9M	3,797	0.21%	-0.02pp	16q	-3.8%-$113.3K
INVESCO EXCH TRD SLF IDX FD	BSMW	$2.9M	120,886	0.21%	+0.03pp	10q	+36.2%+$758.0K
BERKSHIRE HATHAWAY INC DEL	BRKB	$2.7M	5,490	0.20%	-0.02pp	9q	-0.6%-$16.4K
DEERE CO	DE	$2.7M	4,045	0.20%	flat	6q	-0.7%-$20.1K
INVESCO EXCH TRD SLF IDX FD	BSMT	$2.6M	114,995	0.19%	+0.01pp	16q	+19.6%+$419.1K
INVESCO EXCH TRD SLF IDX FD	BSMS	$2.5M	111,546	0.19%	+0.02pp	16q	+20.0%+$423.4K
ISHARES TR	ITOT	$2.5M	15,163	0.18%	-0.01pp	10q	HELD
TESLA INC	TSLA	$2.5M	7,075	0.18%	-0.05pp	14q	HELD
WORLD GOLD TR	GLDM	$2.5M	30,474	0.18%	+0.01pp	7q	+12.4%+$275.6K
SPDR INDEX SHS FDS	SPDW	$2.3M	46,272	0.17%	+0.10pp	8q	+166.2%+$1.5M
DIMENSIONAL ETF TRUST	DFAT	$2.2M	32,561	0.16%	-0.02pp	16q	HELD
SCHWAB STRATEGIC TR	SCHF	$2.1M	77,392	0.16%	+0.01pp	16q	+11.6%+$221.2K
HOME DEPOT INC	HD	$2.0M	7,110	0.15%	-0.05pp	15q	-2.4%-$49.2K
STATE STR SPDR S&P 500 ETF T	SPY	$2.0M	2,587	0.14%	+0.02pp	12q	+24.0%+$381.4K
AMERICAN CENTY ETF TR	AVDV	$1.9M	16,982	0.14%	flat	8q	HELD
VANGUARD INDEX FDS	VXF	$1.8M	7,721	0.13%	+0.08pp	2q	+194.5%+$1.2M
NORFOLK SOUTHN CORP	NSC	$1.7M	5,539	0.13%	-0.01pp	6q	HELD
ISHARES TR	CMF	$1.7M	31,230	0.12%	-0.02pp	16q	HELD
AMERICAN CENTY ETF TR	AVUV	$1.7M	14,199	0.12%	-0.01pp	12q	+6.0%+$94.7K
APPLIED MATLS INC	AMAT	$1.7M	3,231	0.12%	-0.06pp	4q	HELD
CADENCE DESIGN SYSTEM INC	CDNS	$1.6M	4,718	0.11%	-0.02pp	16q	HELD
EXXONMOBIL HOLDINGS CORP	XOM	$1.5M	9,125	0.11%	-	new	NEW
INVESCO EXCH TRD SLF IDX FD	BSMR	$1.5M	62,854	0.11%	-0.01pp	16q	+1.4%+$19.9K
INVESCO EXCH TRD SLF IDX FD	BSSX	$1.4M	60,006	0.11%	flat	5q	+17.1%+$211.1K
DIMENSIONAL ETF TRUST	DFEV	$1.4M	33,803	0.11%	-0.01pp	7q	HELD
ISHARES TR	IXUS	$1.4M	15,022	0.10%	-0.01pp	16q	HELD
SHOPIFY INC	SHOP	$1.4M	9,507	0.10%	+0.09pp	3q	+373.9%+$1.1M
DIMENSIONAL ETF TRUST	DFAS	$1.4M	17,520	0.10%	-0.01pp	14q	+2.9%+$37.6K
FIDELITY COMWLTH TR	ONEQ	$1.3M	12,462	0.10%	flat	5q	+5.3%+$66.8K
VANGUARD INDEX FDS	VBR	$1.3M	5,644	0.10%	-0.01pp	8q	+4.8%+$59.6K
ISHARES TR	IYY	$1.3M	6,900	0.09%	flat	5q	HELD
ADVANCED MICRO DEVICES INC	AMD	$1.3M	2,088	0.09%	+0.03pp	5q	+53.5%+$445.5K
GAP INC	GAP	$1.3M	55,438	0.09%	+0.04pp	9q	+60.6%+$477.6K
INVESCO EXCH TRD SLF IDX FD	BSMY	$1.3M	55,269	0.09%	flat	5q	+18.8%+$198.8K
DIMENSIONAL ETF TRUST	DFAX	$1.2M	33,488	0.09%	flat	16q	+7.5%+$87.0K
VANECK ETF TRUST	SMH	$1.2M	1,955	0.09%	-0.02pp	6q	-9.9%-$130.3K
TRANE TECHNOLOGIES PLC	TT	$1.2M	2,631	0.09%	-0.01pp	6q	HELD
ISHARES TR	QUAL	$1.2M	5,332	0.09%	flat	4q	+7.6%+$83.8K
DIMENSIONAL ETF TRUST	DFIC	$1.2M	30,591	0.08%	-0.01pp	16q	-7.6%-$94.1K
INVESCO EXCH TRD SLF IDX FD	BSMQ	$1.1M	48,475	0.08%	+0.01pp	10q	+28.7%+$253.1K
ISHARES TR	IEFA	$1.1M	11,715	0.08%	-0.01pp	9q	-4.3%-$50.9K
VANGUARD WELLINGTON FD	VFMF	$1.1M	6,355	0.08%	flat	10q	HELD
SCHWAB STRATEGIC TR	SCHD	$1.1M	34,815	0.08%	+0.04pp	3q	+103.8%+$577.0K
ISHARES TR	IWF	$1.1M	9,028	0.08%	-0.01pp	7q	-6.7%-$81.8K
CATERPILLAR INC	CAT	$1.1M	1,312	0.08%	-0.04pp	5q	-9.6%-$113.5K
MERCK & CO INC	MRK	$1.0M	7,091	0.08%	+0.02pp	6q	+19.6%+$168.6K
NETFLIX INC.	NFLX	$1.0M	14,672	0.07%	-0.01pp	14q	-8.3%-$91.9K
SCHWAB STRATEGIC TR	SCHX	$1.0M	33,783	0.07%	flat	6q	HELD
ISHARES INC	IEMG	$1.0M	12,384	0.07%	+0.02pp	9q	+47.5%+$323.5K
MARATHON PETE CORP	MPC	$1.0M	2,536	0.07%	+0.02pp	3q	HELD
VANGUARD INDEX FDS	VO	$1.0M	12,778	0.07%	-0.01pp	9q	HELD
ISHARES TR	EFAV	$984.0K	10,799	0.07%	flat	7q	HELD
ISHARES TR	IWM	$978.2K	3,520	0.07%	-0.01pp	10q	HELD
VANGUARD SPECIALIZED FUNDS	VIG	$929.4K	3,984	0.07%	-0.01pp	13q	+0.9%+$7.9K
ABBVIE INC	ABBV	$919.6K	3,515	0.07%	-0.01pp	7q	-5.9%-$58.1K
SELECT SECTOR SPDR TR	XLK	$910.6K	4,652	0.07%	flat	8q	-1.1%-$10.6K
TAIWAN SEMICONDUCTOR MANUFAC	TSM	$906.9K	1,988	0.07%	-0.01pp	6q	-5.2%-$49.3K
VANGUARD BD INDEX FDS	BND	$905.6K	12,910	0.07%	-0.05pp	14q	-38.2%-$559.3K
VANGUARD INTL EQUITY INDEX F	VT	$903.9K	5,726	0.07%	+0.03pp	10q	+72.4%+$379.7K
DFA INVT DIMENSIONS GROUP IN	DFSV	$899.1K	23,994	0.07%	-	new	NEW
WALMART INC	WMT	$893.2K	8,595	0.07%	-0.01pp	10q	-4.7%-$44.3K
PROCTER & GAMBLE CO	PG	$890.4K	6,129	0.07%	-0.01pp	13q	-1.5%-$13.7K
VANGUARD WORLD FD	VSGX	$866.9K	10,693	0.06%	-0.01pp	9q	HELD
COSTCO WHOLESALE CORPORATION	COST	$848.4K	932	0.06%	-0.01pp	9q	-5.6%-$50.1K
EMERSON ELEC CO	EMR	$847.5K	5,464	0.06%	flat	6q	HELD
SCHWAB STRATEGIC TR	FNDX	$845.2K	26,856	0.06%	flat	6q	HELD
INVESCO EXCH TRD SLF IDX FD	BSCA	$843.1K	44,617	0.06%	-	new	NEW
CISCO SYS INC	CSCO	$810.1K	7,527	0.06%	-0.01pp	9q	-0.7%-$5.7K
INVESCO EXCH TRADED FD TR II	SPLV	$809.5K	11,481	0.06%	-0.01pp	16q	+0.9%+$7.5K
VANGUARD INDEX FDS	VNQ	$802.3K	8,951	0.06%	-0.01pp	9q	-3.0%-$25.1K
ISHARES TR	IJR	$779.5K	5,730	0.06%	-0.01pp	9q	+7.1%+$51.6K
ELI LILLY & CO	LLY	$769.3K	665	0.06%	-0.01pp	10q	-12.0%-$105.3K
INTERNATIONAL BUSINESS MACHS	IBM	$757.0K	3,442	0.06%	-0.03pp	6q	-15.5%-$139.2K
ISHARES U S ETF TR	NEAR	$704.8K	14,135	0.05%	flat	3q	HELD
GARMIN LTD	GRMN	$703.3K	2,452	0.05%	+0.01pp	5q	HELD
PACER FDS TR	PTLC	$692.3K	11,633	0.05%	flat	3q	HELD
SPDR SERIES TRUST	SPYG	$680.0K	5,525	0.05%	flat	10q	HELD
CROWDSTRIKE HLDGS INC	CRWD	$669.3K	2,528	0.05%	+0.01pp	6q	-3.4%-$23.3K
VANGUARD WORLD FD	VGT	$667.3K	5,310	0.05%	flat	6q	-3.7%-$25.5K
EA SERIES TRUST	ROE	$648.2K	15,225	0.05%	flat	7q	HELD
VANGUARD INTL EQUITY INDEX F	VGK	$640.4K	7,378	0.05%	flat	3q	+3.8%+$23.6K
SPDR GOLD TR	GLD	$636.8K	1,672	0.05%	-0.03pp	12q	-36.5%-$366.7K
ISHARES TR	EFA	$632.4K	6,087	0.05%	flat	5q	-2.8%-$18.5K
SPDR SERIES TRUST	HYMB	$624.3K	26,599	0.05%	-0.01pp	7q	HELD
VANGUARD INDEX FDS	VOE	$623.2K	3,187	0.05%	flat	12q	HELD
DIMENSIONAL ETF TRUST	DFLV	$613.6K	15,275	0.05%	flat	4q	HELD
FIRST TR EXCHANGE TRADED FD	RDVY	$611.2K	7,807	0.04%	flat	3q	HELD
COLGATE PALMOLIVE CO	CL	$597.9K	7,008	0.04%	-0.01pp	6q	HELD
WISDOMTREE TR	DGRW	$594.8K	6,117	0.04%	-0.01pp	7q	-13.2%-$90.8K
DIMENSIONAL ETF TRUST	DIHP	$594.6K	17,650	0.04%	-0.01pp	3q	-9.5%-$62.2K
EATON CORP PLC	ETN	$594.3K	1,383	0.04%	flat	3q	+1.4%+$8.2K
INVESCO EXCH TRADED FD TR II	KBWB	$582.6K	6,679	0.04%	-0.01pp	9q	+0.5%+$3.0K
BANK OF AMER CORP	BAC	$576.6K	10,594	0.04%	-0.01pp	10q	-2.9%-$17.1K
SPDR INDEX SHS FDS	SPEM	$569.2K	10,997	0.04%	-	new	NEW
ISHARES TR	MTUM	$559.4K	1,763	0.04%	-0.02pp	3q	-17.1%-$115.5K
3M CO	MMM	$552.7K	3,367	0.04%	flat	6q	-0.8%-$4.3K
WEX INC	WEX	$550.8K	3,265	0.04%	flat	6q	HELD
VANGUARD SCOTTSDALE FDS	BNDW	$544.6K	8,270	0.04%	flat	2q	HELD
MCDONALDS CORP	MCD	$531.9K	2,303	0.04%	-0.02pp	7q	-10.8%-$64.2K
ISHARES TR	AGG	$528.7K	5,593	0.04%	-0.07pp	2q	-61.3%-$839.2K
NORTHERN LTS FD TR IV	BIBL	$524.5K	9,703	0.04%	-0.01pp	2q	HELD
ISHARES TR	OEF	$519.6K	1,360	0.04%	-0.06pp	2q	-60.1%-$781.4K
VANGUARD SCOTTSDALE FDS	VCIT	$517.6K	6,610	0.04%	flat	16q	+0.8%+$3.9K
SPDR SERIES TRUST	SPTS	$509.1K	17,757	0.04%	flat	9q	HELD
ISHARES TR	EEM	$509.0K	7,621	0.04%	-0.01pp	16q	-3.5%-$18.2K
MICRON TECHNOLOGY INC	MU	$508.1K	477	0.04%	-0.05pp	3q	-51.2%-$532.6K
INVESCO EXCHANGE TRADED FD T	SPGP	$506.1K	4,259	0.04%	flat	7q	HELD
SCHWAB STRATEGIC TR	SCHG	$497.1K	13,836	0.04%	-0.01pp	9q	-13.1%-$75.2K
ISHARES TR	IUSB	$493.1K	11,185	0.04%	-	new	NEW
INVESCO EXCH TRD SLF IDX FD	BSMZ	$487.9K	20,731	0.04%	+0.01pp	2q	+66.0%+$193.9K
EA SERIES TRUST	BSVO	$479.8K	17,159	0.04%	flat	3q	HELD
ISHARES TR	DGRO	$477.1K	6,328	0.03%	flat	3q	+13.5%+$56.9K
GOLDMAN SACHS GROUP INC	GS	$474.6K	527	0.03%	-0.01pp	5q	-11.6%-$62.1K
SCHWAB STRATEGIC TR	SCHA	$474.2K	14,533	0.03%	-0.02pp	6q	-20.2%-$120.3K
AUTOMATIC DATA PROCESSING IN	ADP	$461.7K	1,789	0.03%	flat	6q	-0.7%-$3.4K
SELECT SECTOR SPDR TR	XLE	$457.1K	7,433	0.03%	-	new	NEW
COCA COLA CO	KO	$453.6K	5,270	0.03%	flat	6q	-1.3%-$6.0K
nan	MELI	$446.0K	258	0.03%	flat	3q	HELD
ISHARES TR	IWB	$443.2K	1,065	0.03%	flat	10q	HELD
ON SEMICONDUCTOR CORP	ON	$439.3K	5,715	0.03%	-0.01pp	9q	HELD
VANGUARD INDEX FDS	VBK	$439.2K	1,300	0.03%	-0.01pp	6q	HELD
GE AEROSPACE	GE	$432.5K	1,385	0.03%	-0.01pp	5q	HELD
SALESFORCE INC	CRM	$432.1K	1,882	0.03%	-	new	NEW
GE VERNOVA INC	GEV	$415.4K	437	0.03%	-0.01pp	5q	HELD
FIDELITY COVINGTON TRUST	FELV	$413.5K	9,996	0.03%	+0.01pp	3q	+62.5%+$159.0K
DFA INVT DIMENSIONS GROUP IN	DUHP	$410.8K	9,802	0.03%	-	new	NEW
SCHWAB STRATEGIC TR	FNDF	$410.2K	7,631	0.03%	flat	6q	HELD
ISHARES TR	IAGG	$406.6K	8,264	0.03%	-	new	NEW
PALANTIR TECHNOLOGIES INC	PLTR	$406.3K	2,172	0.03%	-	new	NEW
PALO ALTO NETWORKS INC	PANW	$403.7K	1,016	0.03%	flat	3q	-1.8%-$7.5K
PULTEGROUP INC	PHM	$401.8K	3,462	0.03%	-0.01pp	4q	HELD
GLOBAL X FDS	PAVE	$401.1K	7,640	0.03%	-0.01pp	6q	HELD
PACER FDS TR	PTNQ	$399.4K	4,478	0.03%	flat	3q	HELD
INVESCO EXCH TRADED FD TR II	QQQM	$398.8K	1,309	0.03%	flat	6q	HELD
SELECT SECTOR SPDR TR	XLF	$385.9K	7,226	0.03%	flat	4q	-2.2%-$8.5K
ABBOTT LABORATORIES	ABT	$371.1K	3,755	0.03%	flat	7q	-14.7%-$63.7K
LAM RESEARCH CORP	LRCX	$369.9K	1,126	0.03%	-0.01pp	3q	HELD
FLEXSHARES TR	IQDF	$368.4K	10,708	0.03%	flat	4q	HELD
HEWLETT PACKARD ENTERPRISE C	HPE	$363.8K	5,694	0.03%	+0.01pp	2q	-1.1%-$3.9K
ISHARES TR	ICVT	$363.8K	3,221	0.03%	flat	8q	HELD
ISHARES TR	IMCG	$361.0K	3,845	0.03%	flat	4q	HELD
ISHARES TR	MUB	$355.0K	3,512	0.03%	-0.01pp	8q	-26.8%-$130.1K
INVESCO EXCHANGE TRADED FD T	RSP	$352.4K	1,694	0.03%	flat	4q	+14.8%+$45.6K
WISDOMTREE TR	IHDG	$346.8K	6,682	0.03%	flat	7q	HELD
UNIVERSAL INS HLDGS INC	UVE	$343.0K	8,150	0.03%	flat	4q	HELD
CHEVRON CORPORATION	CVX	$337.8K	1,654	0.02%	flat	7q	-26.5%-$121.9K
AXON ENTERPRISE INC	AXON	$337.2K	798	0.02%	-	new	NEW
DANAOS CORPORATION	DAC	$336.6K	2,181	0.02%	flat	4q	HELD
PACER FDS TR	PTIN	$330.0K	9,054	0.02%	flat	3q	HELD
WILLIAMS SONOMA INC	WSM	$329.1K	1,444	0.02%	flat	9q	HELD
ASML HLDG NV	ASML	$326.1K	180	0.02%	-0.01pp	4q	-17.8%-$70.7K
O'REILLY AUTOMOTIVE INC	ORLY	$323.4K	3,787	0.02%	flat	4q	HELD
SPDR SERIES TRUST	SPYM	$317.0K	3,531	0.02%	flat	3q	-3.9%-$12.9K
PROSHARES TR	NOBL	$316.6K	5,852	0.02%	flat	6q	HELD
PERMIAN BASIN RTY TR	PBT	$315.0K	10,005	0.02%	flat	6q	HELD
BOEING CO	BA	$314.2K	1,689	0.02%	-0.01pp	2q	HELD
PACER FDS TR	COWZ	$312.0K	4,673	0.02%	-0.01pp	3q	-38.7%-$196.9K
ISHARES GOLD TR	IAU	$306.2K	3,920	0.02%	-	new	NEW
QUALCOMM INC	QCOM	$305.5K	1,660	0.02%	flat	2q	-2.5%-$7.9K
iShares Tr	SHV	$303.2K	2,748	0.02%	flat	16q	+2.3%+$7.0K
CNO FINL GROUP INC	CNO	$300.4K	5,678	0.02%	flat	4q	HELD
PFIZER INC	PFE	$299.6K	10,505	0.02%	flat	6q	-9.4%-$30.9K
INVESCO ACTVELY MNGD ETC FD	PDBC	$297.9K	15,433	0.02%	-0.01pp	2q	-31.4%-$136.4K
ISHARES TR	IGV	$297.6K	2,795	0.02%	flat	10q	HELD
INVESCO EXCHANGE TRADED FD T	RPV	$296.7K	2,586	0.02%	flat	9q	+0.5%+$1.6K
VANGUARD WORLD FD	VDC	$293.9K	1,347	0.02%	flat	13q	HELD
STARBUCKS CORP	SBUX	$293.3K	3,122	0.02%	flat	4q	-1.0%-$3.0K
STATE STR SPDR DOW JONES IND	DIA	$291.3K	573	0.02%	flat	6q	HELD
ISHARES TR	IVE	$288.8K	1,265	0.02%	flat	8q	-8.3%-$26.3K
WISDOMTREE TR	DGRE	$288.1K	7,111	0.02%	flat	6q	HELD
ISHARES TR	EFV	$287.3K	3,631	0.02%	flat	3q	+25.2%+$57.8K
RTX CORPORATION	RTX	$286.1K	1,541	0.02%	flat	6q	-3.3%-$9.7K
INVESCO EXCHANGE TRADED FD T	PSI	$285.9K	1,875	0.02%	-0.01pp	2q	HELD
VALERO ENERGY CORP	VLO	$284.5K	734	0.02%	-	new	NEW
PIMCO ETF TR	MUNI	$282.2K	5,679	0.02%	flat	7q	HELD
ISHARES TR	IWN	$281.4K	1,343	0.02%	flat	3q	HELD
AMERICAN CENTY ETF TR	AVUS	$280.0K	2,186	0.02%	flat	7q	-8.5%-$26.0K
TEEKAY CORPORATION LTD	TK	$278.7K	19,555	0.02%	+0.01pp	4q	HELD
GLOBAL X FDS	AIQ	$277.2K	4,254	0.02%	flat	2q	HELD
WARRIOR MET COAL INC	HCC	$275.7K	3,130	0.02%	flat	4q	HELD
VERIZON COMMUNICATIONS INC	VZ	$274.2K	5,978	0.02%	flat	3q	-17.1%-$56.7K
SYNOPSYS INC	SNPS	$272.7K	627	0.02%	flat	14q	HELD
SCHWAB STRATEGIC TR	SCHV	$270.4K	8,118	0.02%	flat	16q	-5.8%-$16.6K
ORACLE CORP	ORCL	$270.2K	1,968	0.02%	-0.01pp	9q	-24.8%-$89.0K
VANGUARD WORLD FD	VEXC	$268.1K	2,816	0.02%	flat	3q	HELD
INTEL CORP	INTC	$267.5K	2,225	0.02%	-0.01pp	2q	-13.3%-$40.9K
ISHARES TR	IBIE	$266.8K	10,397	0.02%	flat	3q	+2.6%+$6.8K
CENCORA INC	COR	$264.8K	882	0.02%	flat	4q	HELD
ISHARES TR	IUSG	$264.0K	1,363	0.02%	flat	2q	HELD
SPDR SERIES TRUST	LGLV	$260.9K	1,497	0.02%	flat	3q	HELD
HEICO CORP NEW	HEI	$252.6K	833	0.02%	flat	4q	HELD
PRUDENTIAL FINL INC	PRU	$252.3K	2,221	0.02%	flat	3q	-4.2%-$11.0K
CHUBB LIMITED	CB	$251.1K	772	0.02%	flat	3q	-1.0%-$2.6K
FIRST TR EXCHANGE-TRADED FD	EMLP	$250.8K	6,119	0.02%	flat	4q	HELD
HAWKINS INC	HWKN	$249.7K	1,982	0.02%	flat	4q	HELD
UBIQUITI INC	UI	$249.1K	439	0.02%	-	new	NEW
BUCKLE INC	BKE	$245.5K	5,717	0.02%	flat	6q	HELD
MOTOROLA SOLUTIONS INC	MSI	$244.7K	549	0.02%	flat	3q	+0.7%+$1.8K
FISERV INC	FISV	$243.8K	5,396	0.02%	flat	8q	HELD
D R HORTON INC	DHI	$242.7K	1,776	0.02%	flat	4q	HELD
SPDR SERIES TRUST	BWX	$240.8K	11,369	0.02%	-	new	NEW
UNION PAC CORP	UNP	$239.5K	880	0.02%	flat	3q	-1.6%-$3.8K
CINTAS CORP	CTAS	$238.0K	1,220	0.02%	flat	4q	HELD
SCHWAB STRATEGIC TR	FNDA	$237.8K	6,795	0.02%	flat	6q	HELD
ISHARES TR	IYG	$236.6K	2,631	0.02%	flat	2q	HELD
ISHARES IBONDS OCT 2031 TERM TIPS ETF	IBIH	$235.4K	9,413	0.02%	-	new	NEW
WISDOMTREE TR	DES	$234.3K	6,183	0.02%	flat	4q	HELD
VANGUARD WHITEHALL FDS	VIGI	$233.1K	2,469	0.02%	flat	8q	HELD
ISHARES TR	IJJ	$231.9K	1,684	0.02%	flat	7q	HELD
ISHARES TR	GVI	$231.1K	2,242	0.02%	-	new	NEW
VANGUARD WHITEHALL FDS	VYMI	$230.7K	2,281	0.02%	flat	4q	+0.7%+$1.5K
UNITEDHEALTH GROUP INC	UNH	$228.1K	622	0.02%	-0.01pp	5q	-11.9%-$30.8K
BOOKING HOLDINGS INC	BKNG	$228.1K	1,400	0.02%	flat	4q	-2.2%-$5.2K
BRISTOL-MYERS SQUIBB CO	BMY	$226.7K	3,633	0.02%	flat	3q	-2.5%-$5.8K
AMERICAN CENTY ETF TR	AVEM	$226.5K	2,409	0.02%	-0.01pp	3q	-18.2%-$50.4K
AMGEN INC	AMGN	$225.9K	536	0.02%	-	new	NEW
INVESTMENT MANAGERS SER TR I	PPI	$224.8K	11,245	0.02%	flat	7q	HELD
SPDR SERIES TRUST	QUS	$224.3K	1,180	0.02%	flat	5q	HELD
TIDAL TRUST I	HFND	$223.3K	9,352	0.02%	flat	6q	HELD
ISHARES TR	ILTB	$223.1K	4,973	0.02%	-	new	NEW
VANGUARD INDEX FDS	VV	$221.7K	630	0.02%	flat	2q	-6.1%-$14.4K
TJX COS INC NEW	TJX	$221.6K	1,675	0.02%	flat	3q	+1.6%+$3.6K
SPDR SERIES TRUST	SPTI	$221.2K	8,109	0.02%	flat	9q	HELD
AIRBNB INC	ABNB	$221.1K	1,376	0.02%	-	new	NEW
VANGUARD INTL EQUITY INDEX F	VSS	$220.8K	1,422	0.02%	flat	6q	-8.0%-$19.1K
AT&T INC	T	$218.7K	8,961	0.02%	-	new	NEW
ANNALY CAPITAL MANAGEMENT IN	NLY	$217.2K	11,500	0.02%	flat	6q	HELD
VANGUARD SCOTTSDALE FDS	VCSH	$216.1K	2,798	0.02%	flat	4q	HELD
PHILIP MORRIS INTL INC	PM	$215.4K	1,129	0.02%	flat	2q	-15.4%-$39.1K
AMERICAN EXPRESS CO	AXP	$215.0K	707	0.02%	-0.01pp	6q	-31.2%-$97.3K
SNOWFLAKE INC	SNOW	$214.3K	631	0.02%	-	new	NEW
LOCKHEED MARTIN CORP	LMT	$214.0K	420	0.02%	flat	3q	-4.8%-$10.7K
ISHARES TR	MBB	$213.4K	2,381	0.02%	-0.01pp	9q	-19.9%-$53.1K
INGERSOLL RAND INC	IR	$212.1K	2,824	0.02%	flat	6q	HELD
PRIMERICA INC	PRI	$209.5K	769	0.02%	flat	2q	HELD
DIMENSIONAL ETF TRUST	DFCF	$208.9K	5,207	0.02%	flat	2q	HELD
SPACE EXPLORATION TECHN CORP	SPCX	$208.2K	1,380	0.02%	-	new	NEW
SIGNET JEWELERS LTD	SIG	$207.6K	2,029	0.02%	-	new	NEW
ISHARES TR	IJH	$207.5K	2,883	0.02%	-0.01pp	2q	-30.6%-$91.4K
SELECT SECTOR SPDR TR	XLC	$206.5K	1,861	0.02%	flat	4q	-8.8%-$20.0K
ISHARES TR	IBII	$204.6K	8,336	0.02%	-	new	NEW
NETGEAR INC	NTGR	$204.2K	9,196	0.01%	flat	4q	HELD
CSX CORP	CSX	$201.2K	4,327	0.01%	flat	2q	-2.7%-$5.6K
ISHARES IBONDS OCT 2033 TERM TIPS ETF	IBIJ	$200.8K	8,215	0.01%	-	new	NEW
TEXAS INSTRS INC	TXN	$200.3K	715	0.01%	flat	2q	-5.0%-$10.6K
NUVEEN QUALITY MUNCP INCOME	NAD	$156.9K	15,500	0.01%	-0.01pp	9q	-35.4%-$86.1K
FS CREDIT OPPORTUNITIES CORP	FSCO	$154.7K	29,974	0.01%	flat	6q	HELD
THEMES ETF TR LEVERAGE	SNDG	$147.4K	14,213	0.01%	-	new	NEW
DNP SELECT INCOME FD INC	DNP	$113.9K	11,903	0.01%	flat	10q	HELD
BLUE OWL TECHNOLOGY FIN CORP	OTF	$112.4K	11,457	0.01%	-	new	NEW
ORCHID IS CAP INC	ORC	$85.8K	15,798	0.01%	flat	6q	+4.8%+$3.9K

By sector

Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.

Sector	Value	Share
Computer Hardware	$45.7M	3.4%
Software & IT Services	$31.8M	2.3%
Semiconductors & Electronics	$31.4M	2.3%
Other sectors	$75.2M	5.5%
Not classified	$1.2B	86.5%

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%	-2.5%	100%
Q2 2026	+9.1%	+14.8%	-5.8%	100%
Q1 2026	-1.6%	-4.6%	+3.1%	100%
Q4 2025	+1.5%	+2.4%	-0.8%	98%
Q3 2025	+5.4%	+7.8%	-2.4%	100%
Q2 2025	+6.7%	+10.5%	-3.7%	100%
Q1 2025	-1.0%	-4.6%	+3.6%	100%
Q4 2024	-1.5%	+2.1%	-3.6%	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	$1.4B	299	28	76	91	23	58.3%	19
Q2 2026	$1.3B	294	35	134	52	8	59.0%	7
Q1 2026	$1.1B	267	42	120	30	12	59.1%	16
Q4 2025	$963.3M	237	41	101	47	12	59.7%	27
Q3 2025	$860.4M	208	22	91	33	11	59.3%	20
Q2 2025	$733.7M	197	51	77	30	11	60.3%	32
Q1 2025	$596.3M	157	27	75	23	8	62.9%	28
Q4 2024	$535.3M	138	25	66	26	9	63.9%	92
Q3 2024	$465.6M	122	32	54	14	6	65.9%	210
Q2 2024	$361.0M	96	19	53	5	9	65.7%	302
Q1 2024	$325.5M	86	8	36	14	4	67.0%	393
Q4 2023	$273.4M	82	10	38	20	3	66.7%	484
Q3 2023	$232.4M	75	10	43	9	13	66.7%	576
Q2 2023	$213.2M	78	20	39	3	4	65.8%	668
Q1 2023	$167.1M	62	5	31	3	2	67.5%	759
Q4 2022	$139.1M	59	0	0	0	0	64.4%	849

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.