DaveManuel.com · Institutional Ownership · 13F Holdings

VALLEY NATIONAL ADVISERS INC

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

CIK

773411

Reported value

$908.7M

Positions

1,715

Top 10 weight

38.6%

Filed

2026-10-23

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
SCHWAB STRATEGIC TR	SCHX	$65.0M	2,166,913	7.15%	+0.25pp	32q	+2.7%+$1.7M
SCHWAB STRATEGIC TR	SCHG	$44.0M	1,225,931	4.85%	+0.53pp	32q	+6.7%+$2.8M
APPLE INC	AAPL	$41.9M	125,724	4.61%	+0.57pp	32q	HELD
VANGUARD INDEX FDS	VTV	$38.4M	177,623	4.22%	+0.18pp	32q	+6.4%+$2.3M
FIDELITY COVINGTON TRUST	FELC	$32.0M	739,584	3.53%	-0.06pp	3q	-3.9%-$1.3M
FIDELITY MERRIMACK STR TR	FBND	$29.8M	688,428	3.28%	-0.16pp	19q	+1.2%+$339.7K
SCHWAB STRATEGIC TR	SCHF	$27.6M	1,003,787	3.03%	+0.03pp	32q	+2.8%+$741.1K
SCHWAB STRATEGIC TR	SCHB	$27.2M	928,932	3.00%	-0.01pp	32q	-0.6%-$167.1K
CAPITAL GROUP GROWTH ETF	CGGR	$25.5M	537,517	2.81%	-0.10pp	3q	-2.8%-$739.0K
MICROSOFT CORP	MSFT	$19.4M	37,894	2.14%	+0.52pp	32q	-2.8%-$558.0K
DIMENSIONAL ETF TRUST	DFAI	$17.4M	420,535	1.92%	+0.10pp	17q	+6.1%+$997.3K
PIMCO ETF TR	BOND	$16.0M	183,964	1.76%	-1.06pp	30q	-33.3%-$8.0M
LAM RESEARCH CORP	LRCX	$14.4M	43,779	1.58%	-1.27pp	8q	-26.0%-$5.1M
ISHARES TR	GARP	$13.7M	160,983	1.51%	+0.04pp	12q	HELD
FIDELITY COVINGTON TRUST	FMDE	$13.7M	338,407	1.50%	+1.03pp	3q	+220.8%+$9.4M
SCHWAB STRATEGIC TR	SCHM	$12.7M	373,445	1.40%	-0.10pp	32q	+2.2%+$272.3K
TAIWAN SEMICONDUCTOR MANUFAC	TSM	$11.9M	26,063	1.31%	-0.13pp	23q	-3.5%-$437.0K
NVIDIA CORPORATION	NVDA	$11.5M	50,141	1.26%	+0.36pp	32q	+24.1%+$2.2M
ISHARES U S ETF TR	NEAR	$11.4M	227,787	1.25%	+0.13pp	29q	+14.7%+$1.5M
FIDELITY COVINGTON TRUST	FENI	$10.3M	258,318	1.13%	-	new	NEW
ISHARES INC	EMXC	$9.5M	96,064	1.05%	-0.01pp	20q	+3.2%+$290.8K
SCHWAB STRATEGIC TR	SCHD	$9.1M	279,208	1.00%	+0.01pp	32q	-0.7%-$60.2K
PIMCO ETF TR	LDUR	$8.9M	94,571	0.98%	+0.13pp	20q	+18.1%+$1.4M
AMAZON COM INC	AMZN	$8.8M	35,422	0.97%	+0.02pp	32q	-1.6%-$143.0K
VANGUARD WORLD FD	VGT	$8.8M	70,098	0.97%	+0.02pp	32q	-2.3%-$210.0K
SCHWAB STRATEGIC TR	SCHE	$8.7M	239,432	0.96%	+0.04pp	32q	+5.1%+$423.1K
ALPHABET INC	GOOGL	$7.2M	20,982	0.79%	-0.54pp	32q	-37.5%-$4.3M
ISHARES TR	IUSB	$6.8M	153,441	0.74%	-1.12pp	24q	-57.7%-$9.2M
APPLIED MATLS INC	AMAT	$6.0M	11,716	0.66%	-0.31pp	32q	-3.3%-$206.6K
VANECK ETF TRUST	SMH	$5.9M	9,743	0.65%	-0.08pp	16q	-2.6%-$158.9K
KLA CORP	KLAC	$5.8M	30,009	0.64%	-0.56pp	32q	-16.6%-$1.2M
ELI LILLY & CO	LLY	$5.8M	5,035	0.64%	-0.03pp	32q	HELD
INVESCO QQQ TR	QQQ	$5.6M	7,520	0.61%	flat	32q	+0.7%+$40.7K
BROADCOM INC	AVGO	$5.3M	15,175	0.59%	-0.09pp	32q	-5.2%-$294.6K
VANGUARD SCOTTSDALE FDS	VONG	$5.0M	38,849	0.55%	+0.01pp	12q	+1.1%+$52.6K
GILEAD SCIENCES INC	GILD	$4.6M	30,675	0.50%	+0.07pp	32q	-0.6%-$25.8K
BERKSHIRE HATHAWAY INC DEL	BRKB	$4.5M	9,129	0.50%	-0.01pp	32q	HELD
AMGEN INC	AMGN	$4.3M	10,097	0.47%	+0.06pp	32q	-1.6%-$71.2K
META PLATFORMS INC	META	$4.0M	5,514	0.44%	-0.15pp	32q	-41.2%-$2.8M
ALTRIA GROUP INC	MO	$3.9M	58,285	0.43%	-0.04pp	32q	-1.6%-$65.8K
LOCKHEED MARTIN CORP	LMT	$3.9M	7,592	0.43%	flat	32q	HELD
ISHARES TR	IMCG	$3.8M	40,916	0.42%	-0.02pp	17q	+0.6%+$22.8K
JPMORGAN CHASE & CO	JPM	$3.8M	11,368	0.41%	flat	32q	HELD
PHILIP MORRIS INTL INC	PM	$3.7M	19,616	0.41%	+0.02pp	32q	HELD
SCHWAB STRATEGIC TR	SCHA	$3.7M	114,288	0.41%	-0.07pp	32q	-4.0%-$154.0K
VANGUARD INDEX FDS	VOE	$3.7M	18,772	0.40%	-0.01pp	17q	HELD
ANALOG DEVICES INC	ADI	$3.7M	9,215	0.40%	-0.02pp	32q	-2.8%-$103.5K
SPDR GOLD TR	GLD	$3.6M	9,389	0.39%	+0.06pp	32q	+13.7%+$430.0K
MCDONALDS CORP	MCD	$3.4M	14,804	0.38%	+0.19pp	32q	+140.9%+$2.0M
FIRST TR EXCHANGE-TRADED FD	SDVY	$3.4M	83,691	0.37%	-0.02pp	9q	+2.3%+$77.8K
EXXONMOBIL HOLDINGS CORP	XOM	$3.4M	20,764	0.37%	-	new	NEW
BANK OF NY MELLON CORP	BNY	$3.2M	21,938	0.35%	flat	32q	HELD
TRANE TECHNOLOGIES PLC	TT	$3.2M	6,989	0.35%	-0.02pp	27q	+3.7%+$113.0K
ABRDN FDS	ASCI	$3.1M	85,206	0.34%	-0.02pp	4q	-4.2%-$136.8K
INVESCO EXCHANGE TRADED FD T	RSPT	$3.1M	46,879	0.34%	flat	32q	HELD
MARVELL TECHNOLOGY INC	MRVL	$3.0M	11,212	0.33%	+0.02pp	12q	+19.4%+$480.4K
MERCK & CO INC	MRK	$2.9M	20,245	0.32%	-0.32pp	32q	-55.0%-$3.6M
RTX CORPORATION	RTX	$2.8M	15,094	0.31%	+0.23pp	26q	+325.5%+$2.1M
ISHARES TR	IVV	$2.8M	3,621	0.31%	+0.01pp	32q	+0.9%+$26.0K
AMPHENOL CORP	APH	$2.8M	32,781	0.30%	-0.05pp	23q	-9.8%-$300.4K
GE AEROSPACE	GE	$2.7M	8,681	0.30%	+0.23pp	21q	+411.2%+$2.2M
TJX COS INC NEW	TJX	$2.7M	20,458	0.30%	+0.25pp	32q	+689.0%+$2.4M
SEAGATE TECHNOLOGY HLDNGS PL	STX	$2.6M	2,861	0.29%	+0.27pp	22q	+1323.4%+$2.5M
STATE STR SPDR S&P 500 ETF T	SPY	$2.6M	3,380	0.28%	flat	32q	HELD
PARKER HANNIFIN CORP	PH	$2.5M	2,621	0.28%	-0.03pp	32q	-6.0%-$158.6K
MARRIOTT INTL INC NEW	MAR	$2.5M	7,017	0.27%	+0.27pp	32q	+4398.1%+$2.4M
EATON CORP PLC	ETN	$2.5M	5,780	0.27%	+0.26pp	32q	+2149.0%+$2.4M
AUTOMATIC DATA PROCESSING IN	ADP	$2.5M	9,524	0.27%	+0.07pp	32q	+16.2%+$342.2K
ECOLAB INC	ECL	$2.5M	8,950	0.27%	+0.26pp	27q	+1760.7%+$2.3M
ISHARES TR	IJR	$2.4M	17,950	0.27%	-0.07pp	32q	-12.3%-$341.7K
J P MORGAN EXCHANGE TRADED F	JPST	$2.4M	48,236	0.27%	-0.01pp	28q	-2.6%-$65.8K
VANGUARD INDEX FDS	VBK	$2.4M	7,146	0.27%	-0.04pp	32q	-4.1%-$102.0K
RALPH LAUREN CORP	RL	$2.4M	6,794	0.27%	-	new	NEW
TE CONNECTIVITY PLC	TEL	$2.4M	11,380	0.26%	+0.02pp	8q	+3.6%+$84.2K
THE CIGNA GROUP	CI	$2.4M	8,757	0.26%	+0.24pp	32q	+1349.8%+$2.2M
SCHWAB STRATEGIC TR	SCHC	$2.4M	47,511	0.26%	-0.02pp	32q	-7.6%-$195.3K
AMETEK INC	AME	$2.4M	9,503	0.26%	-0.02pp	5q	-9.3%-$242.8K
CHARLES SCHWAB CORP (THE)	SCHW	$2.3M	23,878	0.26%	+0.01pp	32q	HELD
STRYKER CORPORATION	SYK	$2.3M	8,442	0.26%	+0.06pp	32q	+48.3%+$756.8K
WABTEC	WAB	$2.3M	8,068	0.25%	-0.05pp	31q	-20.6%-$600.2K
SALESFORCE INC	CRM	$2.3M	10,087	0.25%	+0.09pp	32q	+6.8%+$146.5K
ISHARES TR	TECB	$2.3M	28,982	0.25%	+0.02pp	15q	HELD
CINTAS CORP	CTAS	$2.3M	11,669	0.25%	+0.06pp	13q	+15.8%+$311.1K
OLD DOMINION FREIGHT LINE IN	ODFL	$2.3M	13,074	0.25%	+0.23pp	27q	+1502.2%+$2.1M
PULTEGROUP INC	PHM	$2.3M	19,528	0.25%	+0.02pp	8q	+29.1%+$510.3K
J P MORGAN EXCHANGE TRADED F	JQUA	$2.3M	30,507	0.25%	flat	12q	+0.6%+$12.3K
STERIS PLC	STE	$2.2M	10,691	0.25%	+0.06pp	5q	+34.0%+$569.6K
FIRST TR EXCHANGE TRADED FD	CIBR	$2.2M	21,540	0.24%	+0.03pp	17q	HELD
CARDINAL HEALTH INC	CAH	$2.2M	9,956	0.24%	+0.24pp	32q	+4405.0%+$2.2M
D R HORTON INC	DHI	$2.2M	16,127	0.24%	+0.02pp	14q	+34.0%+$558.9K
ZOETIS INC	ZTS	$2.2M	31,360	0.24%	+0.24pp	32q	+15580.0%+$2.2M
ISHARES TR	IWF	$2.2M	17,396	0.24%	flat	32q	HELD
BROADRIDGE FINL SOLUTIONS IN	BR	$2.2M	13,524	0.24%	+0.11pp	5q	+55.8%+$780.7K
CENCORA INC	COR	$2.2M	7,246	0.24%	+0.23pp	16q	+3859.6%+$2.1M
AIR PRODUCTS AND CHEMICALS I	APD	$2.2M	7,802	0.24%	-0.01pp	32q	+0.7%+$14.2K
LENNOX INTL INC	LII	$2.2M	6,099	0.24%	flat	5q	+59.9%+$811.2K
BAKER HUGHES COMPANY	BKR	$2.2M	39,352	0.24%	-0.01pp	7q	-2.0%-$43.0K
DARDEN RESTAURANTS INC	DRI	$2.1M	11,115	0.24%	-0.02pp	32q	HELD
REPUBLIC SVCS INC	RSG	$2.1M	10,173	0.23%	+0.03pp	7q	+16.8%+$307.2K
MCKESSON CORP	MCK	$2.1M	2,497	0.23%	-0.03pp	32q	-20.7%-$555.1K
BLACKROCK INC	BLK	$2.1M	1,944	0.23%	+0.02pp	8q	-1.3%-$26.5K
INTUIT	INTU	$2.0M	7,276	0.22%	+0.12pp	32q	+115.2%+$1.1M
EQUIFAX INC	EFX	$1.9M	13,755	0.21%	+0.20pp	2q	+6777.5%+$1.9M
TIDAL TRUST II	CHAT	$1.9M	20,196	0.20%	-0.02pp	11q	HELD
VANGUARD INDEX FDS	VTI	$1.8M	4,912	0.20%	flat	32q	HELD
WISDOMTREE TR	IHDG	$1.8M	33,853	0.19%	flat	32q	+0.6%+$11.3K
ASML HLDG NV	ASML	$1.7M	948	0.19%	-0.04pp	23q	-9.7%-$184.8K
BLACKSTONE INC	BX	$1.7M	15,242	0.19%	-0.02pp	29q	-3.0%-$52.6K
PPL CORP	PPL	$1.7M	51,705	0.19%	-0.02pp	32q	-1.5%-$26.4K
GEN DIGITAL INC	GEN	$1.7M	75,988	0.18%	+0.18pp	2q	+154977.6%+$1.7M
TESLA INC	TSLA	$1.6M	4,618	0.18%	-0.03pp	32q	+1.4%+$22.0K
DEERE CO	DE	$1.6M	2,434	0.18%	+0.01pp	32q	HELD
EMERSON ELEC CO	EMR	$1.6M	10,357	0.18%	+0.01pp	32q	HELD
ISHARES TR	EFG	$1.6M	13,387	0.18%	-0.01pp	32q	HELD
VANGUARD WHITEHALL FDS	VYM	$1.6M	10,148	0.17%	flat	32q	+0.9%+$13.3K
CHUBB LIMITED	CB	$1.5M	4,746	0.17%	-0.01pp	32q	HELD
ISHARES TR	IGV	$1.5M	14,485	0.17%	+0.02pp	29q	-1.3%-$21.0K
ISHARES TR	XT	$1.5M	18,361	0.17%	flat	32q	-0.7%-$10.7K
ENTERPRISE PRODS PARTNERS L	EPD	$1.5M	42,420	0.17%	-0.01pp	32q	HELD
ABBVIE INC	ABBV	$1.5M	5,759	0.17%	flat	32q	HELD
CISCO SYS INC	CSCO	$1.5M	13,885	0.16%	-0.02pp	32q	HELD
BERKSHIRE HATHAWAY INC DEL	BRKA	$1.5M	2	0.16%	flat	7q	HELD
SCHWAB STRATEGIC TR	FNDX	$1.4M	45,794	0.16%	flat	32q	HELD
ISHARES TR	DGRO	$1.4M	19,083	0.16%	flat	20q	+0.9%+$13.0K
VANGUARD WORLD FD	MGC	$1.4M	4,999	0.16%	flat	32q	HELD
VANGUARD INDEX FDS	VUG	$1.4M	15,594	0.15%	+0.01pp	32q	HELD
EVERCORE INC	EVR	$1.4M	5,438	0.15%	-0.05pp	24q	-0.9%-$12.1K
STATE STR SPDR DOW JONES IND	DIA	$1.4M	2,737	0.15%	-0.01pp	32q	-0.7%-$9.7K
nan	MELI	$1.4M	787	0.15%	flat	32q	HELD
GOLDMAN SACHS ETF TR	JUST	$1.3M	11,914	0.14%	+0.01pp	31q	+3.1%+$39.0K
SPDR SERIES TRUST	XBI	$1.3M	7,954	0.14%	-0.01pp	32q	-7.8%-$106.1K
CATERPILLAR INC	CAT	$1.2M	1,532	0.14%	-0.05pp	32q	-3.2%-$40.6K
COHERENT CORP	COHR	$1.2M	4,305	0.14%	-0.04pp	15q	+8.1%+$93.3K
GLOBAL X FDS	COPX	$1.2M	14,270	0.13%	+0.02pp	11q	+6.7%+$76.1K
ISHARES TR	ESGU	$1.2M	7,139	0.13%	flat	4q	+2.9%+$33.9K
JOHNSON & JOHNSON	JNJ	$1.2M	4,410	0.13%	+0.02pp	32q	+11.3%+$118.6K
ALPHABET INC	GOOG	$1.2M	3,379	0.13%	-0.01pp	32q	-5.7%-$69.5K
NOVARTIS AG	NVS	$1.1M	7,745	0.12%	-0.01pp	32q	-0.6%-$7.0K
ORACLE CORP	ORCL	$1.1M	8,020	0.12%	-0.04pp	32q	-17.3%-$230.1K
ADVANCED MICRO DEVICES INC	AMD	$1.1M	1,760	0.12%	+0.01pp	32q	+0.9%+$9.2K
UNION PAC CORP	UNP	$1.0M	3,717	0.11%	flat	32q	HELD
APOLLO GLOBAL MGMT INC	APO	$946.5K	8,156	0.10%	-0.01pp	19q	-8.0%-$81.9K
WALMART INC	WMT	$882.4K	8,491	0.10%	-0.02pp	32q	-8.2%-$78.9K
QUALCOMM INC	QCOM	$879.7K	4,780	0.10%	flat	32q	+1.8%+$15.3K
HONEYWELL AEROSPACE INC	HONA	$868.9K	5,607	0.10%	+0.02pp	2q	+88.2%+$407.1K
NORFOLK SOUTHN CORP	NSC	$860.7K	2,786	0.09%	flat	32q	HELD
GLOBAL X FDS	MLPA	$849.6K	15,958	0.09%	flat	5q	HELD
ALLEGION PLC	ALLE	$837.7K	5,448	0.09%	+0.01pp	32q	-1.2%-$10.5K
REGENERON PHARMACEUTICALS	REGN	$802.6K	1,058	0.09%	+0.01pp	32q	-3.0%-$25.0K
GOLDMAN SACHS GROUP INC	GS	$799.6K	888	0.09%	-0.01pp	32q	HELD
MICRON TECHNOLOGY INC	MU	$796.5K	748	0.09%	-0.01pp	32q	-0.9%-$7.5K
VANGUARD SPECIALIZED FUNDS	VIG	$784.4K	3,362	0.09%	flat	32q	HELD
VERIZON COMMUNICATIONS INC	VZ	$748.9K	16,327	0.08%	+0.01pp	32q	+2.1%+$15.2K
LOWES COS INC	LOW	$747.1K	4,054	0.08%	-0.27pp	32q	-71.7%-$1.9M
VANGUARD WORLD FD	VCEB	$738.3K	12,392	0.08%	+0.01pp	17q	+14.2%+$91.9K
ISHARES TR	EUSB	$731.9K	17,606	0.08%	flat	17q	+11.9%+$78.1K
INTERNATIONAL BUSINESS MACHS	IBM	$724.3K	3,293	0.08%	-0.03pp	32q	-8.9%-$70.4K
MONDELEZ INTL INC	MDLZ	$696.0K	12,038	0.08%	flat	32q	HELD
PROCTER & GAMBLE CO	PG	$677.4K	4,663	0.07%	-0.01pp	32q	-6.2%-$44.9K
ISHARES TR	EAGG	$668.4K	14,771	0.07%	+0.01pp	17q	+13.6%+$79.8K
WELLS FARGO & CO	WFC	$659.7K	8,241	0.07%	-0.02pp	32q	-15.1%-$117.7K
ISHARES U S ETF TR	MEAR	$651.8K	13,133	0.07%	flat	17q	+3.0%+$18.7K
ETF SER SOLUTIONS	UFOX	$648.8K	7,629	0.07%	-0.01pp	30q	HELD
BANK OF AMER CORP	BAC	$635.2K	11,671	0.07%	flat	32q	-0.5%-$3.5K
FULTON FINL CORP PA	FULT	$625.2K	27,714	0.07%	flat	32q	+5.3%+$31.4K
FIDELITY COVINGTON TRUST	FDVV	$619.7K	10,204	0.07%	flat	27q	+2.0%+$12.0K
AT&T INC	T	$618.4K	25,345	0.07%	+0.01pp	32q	+6.3%+$36.5K
US BANCORP	USB	$605.4K	10,481	0.07%	flat	32q	HELD
CAPITAL ONE FINL CORP	COF	$600.4K	3,110	0.07%	-0.01pp	32q	-3.9%-$24.1K
BOEING CO	BA	$574.0K	3,085	0.06%	-0.03pp	32q	-17.5%-$122.0K
VANGUARD INDEX FDS	VOT	$567.6K	1,943	0.06%	flat	32q	+0.7%+$4.1K
CORNING INC	GLW	$560.4K	3,645	0.06%	-0.04pp	32q	+1.0%+$5.5K
PROSHARES TR	NOBL	$560.1K	10,353	0.06%	flat	32q	HELD
UBER TECHNOLOGIES INC	UBER	$553.0K	8,072	0.06%	-0.01pp	30q	-9.9%-$60.5K
ISHARES TR	IBB	$551.7K	2,621	0.06%	+0.01pp	32q	HELD
AMERICAN EXPRESS CO	AXP	$523.1K	1,720	0.06%	-0.01pp	32q	-1.0%-$5.5K
PEPSICO INC	PEP	$509.0K	4,017	0.06%	flat	32q	+2.7%+$13.4K
ISHARES TR	IJS	$507.5K	3,962	0.06%	flat	4q	HELD
OLD REP INTL CORP	ORI	$506.1K	13,564	0.06%	-	new	NEW
ISHARES TR	HDV	$505.6K	18,084	0.06%	flat	24q	+2.8%+$14.0K
SELECT SECTOR SPDR TR	XLK	$503.9K	2,574	0.06%	flat	32q	-2.1%-$10.6K
UNITEDHEALTH GROUP INC	UNH	$499.5K	1,361	0.05%	-0.28pp	32q	-81.2%-$2.2M
DISNEY WALT CO	DIS	$499.3K	4,760	0.05%	-0.19pp	32q	-79.5%-$1.9M
ISHARES TR	ESGD	$497.5K	4,827	0.05%	flat	31q	+1.8%+$9.0K
SPACE EXPLORATION TECHN CORP	SPCX	$497.3K	3,296	0.05%	+0.04pp	2q	+350.3%+$386.8K
CAPITAL GROUP DIVIDEND VALUE	CGDV	$480.5K	9,836	0.05%	flat	11q	+2.4%+$11.1K
SERVICENOW INC	NOW	$463.8K	3,461	0.05%	+0.01pp	32q	-6.3%-$31.4K
PROVIDENT FINL SVCS INC	PFS	$462.0K	20,856	0.05%	-0.01pp	32q	-7.9%-$39.4K
COSTCO WHOLESALE CORPORATION	COST	$458.3K	503	0.05%	flat	32q	-0.8%-$3.6K
MORGAN STANLEY	MS	$458.0K	2,435	0.05%	-0.01pp	32q	-9.4%-$47.6K
CHEVRON CORPORATION	CVX	$456.8K	2,237	0.05%	+0.01pp	32q	+1.1%+$5.1K
FIRST TR EXCHANGE-TRADED FD	FDN	$451.7K	1,566	0.05%	flat	32q	HELD
TRUIST FINL CORP	TFC	$441.7K	9,540	0.05%	flat	28q	HELD
TERADYNE INC	TER	$440.6K	1,099	0.05%	-0.01pp	31q	-5.3%-$24.5K
ISHARES TR	DIVB	$433.6K	6,721	0.05%	flat	11q	+2.9%+$12.1K
CHENIERE ENERGY INC	LNG	$433.1K	1,610	0.05%	flat	24q	HELD
VANGUARD WORLD FD	VCR	$431.8K	1,184	0.05%	flat	29q	HELD
PNC FINL SVCS GROUP INC	PNC	$431.7K	1,942	0.05%	-0.01pp	32q	HELD
ISHARES TR	SUSB	$421.0K	17,233	0.05%	+0.01pp	17q	+16.9%+$60.9K
NEXTERA ENERGY INC	NEE	$416.2K	5,496	0.05%	+0.02pp	32q	+82.2%+$187.8K
ISHARES TR	IWR	$413.6K	3,876	0.05%	flat	32q	HELD
VANGUARD INDEX FDS	VO	$406.8K	5,188	0.04%	flat	32q	HELD
TEXAS INSTRS INC	TXN	$402.8K	1,438	0.04%	flat	32q	-0.8%-$3.1K
MASTERCARD INCORPORATED	MA	$392.0K	711	0.04%	flat	32q	HELD
GLOBAL X FDS	PAVE	$386.8K	7,367	0.04%	-0.01pp	22q	HELD
MEDTRONIC PLC	MDT	$385.6K	4,469	0.04%	flat	32q	-12.8%-$56.6K
PIMCO ETF TR	MUNI	$385.4K	7,757	0.04%	flat	16q	+4.8%+$17.7K
GE VERNOVA INC	GEV	$365.0K	384	0.04%	-0.01pp	10q	-1.5%-$5.7K
FIRST TR EXCHANGE-TRADED FD	FDL	$363.0K	7,391	0.04%	flat	11q	+4.3%+$15.1K
FIFTH THIRD BANCORP	FITB	$357.4K	7,067	0.04%	flat	32q	+0.6%+$2.1K
ISHARES TR	DVY	$357.4K	2,350	0.04%	flat	32q	HELD
CSX CORP	CSX	$347.9K	7,480	0.04%	flat	32q	+1.0%+$3.3K
PALO ALTO NETWORKS INC	PANW	$346.9K	873	0.04%	+0.01pp	32q	+1.4%+$4.8K
ILLINOIS TOOL WKS INC	ITW	$344.8K	1,340	0.04%	flat	32q	HELD
INTEL CORP	INTC	$343.7K	2,859	0.04%	-0.01pp	32q	HELD
VANGUARD INDEX FDS	VOO	$341.8K	488	0.04%	flat	15q	-1.4%-$4.9K
CME GROUP INC	CME	$337.8K	1,290	0.04%	+0.01pp	18q	+2.0%+$6.5K
PACER FDS TR	GCOW	$334.3K	7,471	0.04%	flat	11q	+3.7%+$12.1K
ISHARES TR	IJJ	$319.5K	2,320	0.04%	flat	4q	HELD
PHILLIPS 66	PSX	$314.3K	1,231	0.03%	+0.01pp	32q	HELD
VEEVA SYS INC	VEEV	$311.7K	1,092	0.03%	+0.01pp	32q	-9.2%-$31.7K
VANECK ETF TRUST	REMX	$309.7K	4,819	0.03%	-0.02pp	5q	-6.7%-$22.2K
PROFESIONALLY MANAGED PORTFO	AKRE	$309.1K	5,869	0.03%	flat	4q	HELD
NEBIUS GROUP N.V.	NBIS	$305.7K	1,296	0.03%	-0.01pp	5q	HELD
ARK ETF TR	ARKG	$304.2K	5,611	0.03%	+0.01pp	7q	HELD
INVESCO EXCH TRADED FD TR II	IPKW	$303.8K	5,122	0.03%	flat	7q	HELD
VISA INC	V	$295.7K	823	0.03%	flat	32q	+0.6%+$1.8K
WISDOMTREE TR	DWM	$295.6K	4,014	0.03%	flat	4q	HELD
CONOCOPHILLIPS	COP	$292.0K	2,333	0.03%	+0.01pp	32q	+7.5%+$20.3K
BRISTOL-MYERS SQUIBB CO	BMY	$285.7K	4,578	0.03%	flat	32q	-1.8%-$5.2K
ISHARES TR	IJT	$285.4K	1,780	0.03%	flat	4q	HELD
QNB CORP	QNBC	$284.5K	6,238	0.03%	-	new	NEW
EXCHANGE TRADED CONCEPTS TRU	THNQ	$272.8K	2,808	0.03%	+0.02pp	14q	+131.5%+$154.9K
CUMMINS INC	CMI	$271.6K	526	0.03%	-0.02pp	32q	-12.0%-$37.2K
SPDR SERIES TRUST	SPYV	$266.0K	4,352	0.03%	flat	4q	HELD
COCA COLA CO	KO	$261.6K	3,039	0.03%	flat	32q	-15.7%-$48.9K
ARM HOLDINGS PLC	ARM	$252.0K	870	0.03%	-0.01pp	11q	HELD
ISHARES INC	ESGE	$250.2K	4,619	0.03%	flat	31q	-1.1%-$2.7K
BARRICK MNG CORP	B	$247.5K	6,086	0.03%	flat	6q	HELD
PRUDENTIAL FINL INC	PRU	$245.4K	2,160	0.03%	flat	32q	-2.0%-$4.9K
VANGUARD TAX-MANAGED FDS	VEA	$243.6K	3,450	0.03%	flat	8q	HELD
EQT Corp	EQT	$243.6K	5,016	0.03%	flat	4q	+3.1%+$7.4K
VANGUARD INDEX FDS	VB	$233.3K	820	0.03%	flat	32q	HELD
MARATHON PETE CORP	MPC	$229.7K	581	0.03%	+0.01pp	32q	+13.3%+$26.9K
NEW JERSEY RES CORP	NJR	$228.2K	4,510	0.03%	flat	32q	HELD
PFIZER INC	PFE	$225.5K	7,906	0.02%	flat	32q	-5.5%-$13.1K
MSC INDL DIRECT INC	MSM	$224.2K	1,812	0.02%	flat	32q	-2.5%-$5.7K
ENERGY TRANSFER L P	ET	$222.6K	11,257	0.02%	flat	32q	-2.3%-$5.3K
STARBUCKS CORP	SBUX	$222.3K	2,366	0.02%	flat	32q	+5.1%+$10.8K
VANGUARD INDEX FDS	VNQ	$217.2K	2,423	0.02%	flat	32q	HELD
SCHWAB STRATEGIC TR	SCHV	$213.8K	6,418	0.02%	flat	32q	+4.2%+$8.6K
UNILEVER PLC	UL	$206.9K	3,407	0.02%	flat	4q	HELD
ISHARES TR	IJK	$201.9K	1,842	0.02%	flat	4q	HELD
THERMO FISHER SCIENTIFIC INC	TMO	$201.5K	299	0.02%	+0.01pp	32q	+11.6%+$20.9K
HONEYWELL INTL INC	HON	$199.0K	943	0.02%	-0.05pp	2q	-68.2%-$426.7K
KINDER MORGAN INC DEL	KMI	$195.0K	6,466	0.02%	flat	32q	HELD
KINROSS GOLD CORP	KGC	$194.7K	8,084	0.02%	flat	8q	HELD
PALANTIR TECHNOLOGIES INC	PLTR	$194.3K	1,039	0.02%	+0.01pp	23q	+14.8%+$25.1K
COMCAST CORP NEW	CMCSA	$192.2K	8,834	0.02%	-0.01pp	32q	-8.7%-$18.4K
NORTHROP GRUMMAN CORP	NOC	$190.2K	393	0.02%	flat	32q	HELD
SCHWAB STRATEGIC TR	FNDB	$190.2K	6,212	0.02%	flat	32q	HELD
ISHARES TR	SOXX	$189.2K	333	0.02%	flat	11q	HELD
NOVO-NORDISK A S	NVO	$186.7K	4,925	0.02%	-0.01pp	32q	HELD
HOME DEPOT INC	HD	$185.2K	651	0.02%	-0.01pp	32q	-15.1%-$33.0K
ISHARES TR	IFRA	$184.9K	3,360	0.02%	flat	32q	HELD
HUBBELL INC	HUBB	$183.7K	405	0.02%	flat	30q	+2.5%+$4.5K
DUKE ENERGY CORP NEW	DUK	$177.3K	1,555	0.02%	flat	32q	HELD
ISHARES BITCOIN TRUST ETF	IBIT	$177.1K	3,742	0.02%	+0.01pp	11q	+5.6%+$9.5K
SEI INVTS CO	SEIC	$175.4K	1,708	0.02%	flat	32q	+0.7%+$1.2K
ROCKWELL AUTOMATION INC	ROK	$173.7K	399	0.02%	flat	32q	HELD
FIDELITY COVINGTON TRUST	FNCL	$171.7K	2,267	0.02%	flat	32q	HELD
WILLIAMS COS INC	WMB	$168.3K	2,476	0.02%	flat	32q	+0.7%+$1.2K
ENERSYS	ENS	$168.2K	916	0.02%	-	new	NEW
ISHARES TR	ACWI	$165.8K	1,044	0.02%	flat	32q	HELD
SPDR SERIES TRUST	KRE	$165.6K	2,385	0.02%	flat	32q	HELD
TAPESTRY INC	TPR	$165.4K	1,438	0.02%	flat	32q	+19.2%+$26.7K
EXELON CORP	EXC	$164.7K	4,076	0.02%	flat	32q	HELD
NETFLIX INC.	NFLX	$164.5K	2,364	0.02%	+0.01pp	32q	+64.6%+$64.6K
INVESCO EXCHANGE TRADED FD T	PJP	$162.9K	1,321	0.02%	flat	7q	HELD
AKAMAI TECHNOLOGIES INC	AKAM	$161.0K	1,514	0.02%	flat	4q	HELD
WASTE MGMT INC DEL	WM	$158.6K	778	0.02%	flat	32q	-0.6%-$1.0K
3M CO	MMM	$156.9K	956	0.02%	flat	32q	+9.5%+$13.6K
SANOFI SA	SNY	$156.5K	3,796	0.02%	flat	32q	-2.3%-$3.6K
ETF SER SOLUTIONS	QTUM	$155.7K	1,027	0.02%	flat	13q	HELD
STEEL DYNAMICS INC	STLD	$154.9K	699	0.02%	flat	32q	+12.4%+$17.1K
SELECT SECTOR SPDR TR	XLI	$154.0K	922	0.02%	flat	28q	HELD
UNITED PARCEL SVCS INC	UPS	$152.2K	1,629	0.02%	+0.01pp	32q	+140.6%+$88.9K
GRACO INC	GGG	$145.2K	1,890	0.02%	flat	3q	+1.5%+$2.2K
CELESTICA INC	CLS	$144.6K	400	0.02%	flat	2q	HELD
SPDR SERIES TRUST	XAR	$144.5K	625	0.02%	flat	32q	HELD
ISHARES SILVER TR	SLV	$143.9K	2,640	0.02%	+0.01pp	4q	+960.2%+$130.3K
JABIL INC	JBL	$143.4K	500	0.02%	-0.01pp	2q	HELD
PAYCHEX INC	PAYX	$142.9K	1,451	0.02%	flat	32q	HELD
SPDR SERIES TRUST	EFIV	$138.7K	1,873	0.02%	flat	6q	HELD
VANGUARD ADMIRAL FDS INC	VIOV	$137.3K	1,248	0.02%	flat	17q	HELD
ADOBE INC	ADBE	$137.2K	572	0.02%	flat	32q	-14.2%-$22.8K
YUM! BRANDS INC	YUM	$135.0K	990	0.01%	flat	32q	HELD
INVESCO EXCH TRADED FD TR II	PSCI	$134.6K	844	0.01%	flat	12q	-4.1%-$5.7K
TRAVELERS COMPANIES INC	TRV	$133.3K	374	0.01%	-0.01pp	32q	-49.1%-$128.7K
CVS HEALTH CORP	CVS	$130.1K	1,518	0.01%	flat	32q	HELD
ONTO INNOVATION INC	ONTO	$128.7K	418	0.01%	-0.01pp	3q	-21.4%-$35.1K
SCHWAB STRATEGIC TR	SCHZ	$127.2K	5,757	0.01%	flat	32q	HELD
VANGUARD STAR FDS	VXUS	$126.7K	1,491	0.01%	flat	32q	HELD
SELECT SECTOR SPDR TR	XLY	$126.3K	1,160	0.01%	flat	32q	HELD
BRINKS CO	BCO	$125.9K	1,247	0.01%	-	new	NEW
INVESCO EXCHANGE TRADED FD T	XSMO	$124.9K	1,531	0.01%	flat	12q	HELD
WELLTOWER INC	WELL	$123.6K	537	0.01%	flat	32q	+1.1%+$1.4K
QUANTA SVCS INC	PWR	$119.7K	186	0.01%	flat	12q	+4.5%+$5.1K
PUBLIC SVC ENTERPRISE GROUP	PEG	$119.1K	1,769	0.01%	flat	32q	HELD
SCHWAB STRATEGIC TR	FNDF	$118.5K	2,205	0.01%	flat	32q	HELD
INVESCO EXCHANGE TRADED FD T	SPHQ	$118.0K	1,403	0.01%	flat	29q	HELD
BUTTERFLY NETWORK INC	BFLY	$117.6K	13,125	0.01%	flat	23q	-15.9%-$22.3K
CONSTELLATION ENERGY CORP	CEG	$116.8K	460	0.01%	flat	19q	+11.1%+$11.7K
MORGAN STANLEY ETF TRUST	CVMC	$115.2K	1,577	0.01%	flat	7q	+1.4%+$1.6K
ALPS ETF TR	ENFR	$114.7K	3,130	0.01%	flat	32q	HELD
ARK ETF TR	ARKQ	$114.5K	944	0.01%	flat	5q	+4.5%+$5.0K
CANADIAN PACIFIC KANSAS CITY	CP	$114.4K	1,344	0.01%	-0.01pp	14q	-34.7%-$60.8K
AMERICAN WTR WKS CO INC NEW	AWK	$113.0K	873	0.01%	+0.01pp	29q	+91.9%+$54.1K
INVESCO EXCHANGE TRADED FD T	RSPH	$111.8K	3,020	0.01%	flat	26q	HELD
DELL TECHNOLOGIES INC	DELL	$110.8K	206	0.01%	flat	31q	-3.3%-$3.8K
HOWMET AEROSPACE INC	HWM	$109.5K	484	0.01%	-0.02pp	26q	-54.2%-$129.4K
HEWLETT PACKARD ENTERPRISE C	HPE	$109.2K	1,709	0.01%	+0.01pp	32q	+40.1%+$31.2K
HUNTINGTON BANCSHARES INC	HBAN	$108.9K	7,137	0.01%	-0.01pp	32q	-17.7%-$23.4K
ISHARES TR	MUB	$106.8K	1,056	0.01%	flat	17q	HELD
INVESCO EXCHANGE TRADED FD T	PRF	$106.4K	1,955	0.01%	flat	32q	HELD
ELEVANCE HEALTH INC FORMERLY	ELV	$106.1K	273	0.01%	flat	32q	+0.7%
EDWARDS LIFESCIENCES CORP	EW	$105.1K	1,218	0.01%	flat	7q	HELD
ARCHROCK INC	AROC	$103.8K	3,426	0.01%	-	new	NEW
VALERO ENERGY CORP	VLO	$103.5K	267	0.01%	+0.01pp	3q	+27.8%+$22.5K
VANGUARD INTL EQUITY INDEX F	VWO	$103.3K	1,742	0.01%	flat	32q	HELD
AMERICAN CENTY ETF TR	AVEM	$102.8K	1,093	0.01%	flat	7q	HELD
TORTOISE CAPITAL SERIES TRUS	TPYP	$99.9K	2,505	0.01%	flat	6q	HELD
VERTEX PHARMACEUTICALS INC	VRTX	$99.9K	191	0.01%	flat	32q	HELD
ISHARES TR	ITA	$99.7K	481	0.01%	flat	16q	HELD
HILTON WORLDWIDE HLDGS INC	HLT	$97.3K	306	0.01%	-0.28pp	8q	-96.1%-$2.4M
LINDE PLC	LIN	$95.9K	202	0.01%	flat	15q	-14.4%-$16.1K
AMERICAN ELEC PWR CO INC	AEP	$90.7K	764	0.01%	flat	32q	-2.3%-$2.1K
MINERALS TECHNOLOGIES INC	MTX	$89.9K	1,374	0.01%	flat	32q	+0.6%
ISHARES TR	SUSA	$87.8K	564	0.01%	flat	22q	HELD
WILLIAMS SONOMA INC	WSM	$87.1K	382	0.01%	flat	32q	HELD
VANGUARD WORLD FD	VPU	$85.5K	500	0.01%	flat	24q	HELD
AMERICAN CENTY ETF TR	AVDV	$85.4K	781	0.01%	flat	7q	HELD
DIAMONDBACK ENERGY INC	FANG	$84.0K	457	0.01%	flat	32q	HELD
BP PLC	BP	$83.8K	1,905	0.01%	flat	32q	HELD
Dominion Energy, Inc.	D	$83.2K	1,375	0.01%	flat	32q	-0.7%
Cheniere Energy Partners LP	CQP	$81.6K	1,341	0.01%	flat	14q	HELD
MADRIGAL PHARMACEUTICALS INC	MDGL	$81.1K	161	0.01%	flat	6q	HELD
TAKE-TWO INTERACTIVE SOFTWAR	TTWO	$81.1K	391	0.01%	+0.01pp	18q	+624.1%+$69.9K
OMNICOM GROUP INC	OMC	$80.3K	1,091	0.01%	flat	4q	HELD
WHITE MTNS INS GROUP LTD	WTM	$80.3K	40	0.01%	flat	32q	HELD
WEYERHAEUSER CO	WY	$80.1K	4,207	0.01%	flat	32q	HELD
ABBOTT LABORATORIES	ABT	$78.0K	789	0.01%	flat	32q	+2.3%+$1.8K
VANGUARD INDEX FDS	VBR	$77.9K	337	0.01%	flat	32q	HELD
SPDR SERIES TRUST	SDY	$77.5K	529	0.01%	flat	32q	HELD
KRAFT HEINZ CO	KHC	$75.8K	3,336	0.01%	flat	32q	HELD
GSK PLC	GSK	$75.7K	1,571	0.01%	flat	17q	-0.9%
ISHARES TR	ISTB	$74.5K	1,577	0.01%	flat	30q	HELD
J P MORGAN EXCHANGE TRADED F	JEPI	$74.2K	1,319	0.01%	flat	15q	HELD
SOUTHERN CO	SO	$74.0K	893	0.01%	flat	32q	-3.9%-$3.0K
IRON MTN INC DEL	IRM	$72.9K	657	0.01%	flat	27q	HELD
SSGA ACTIVE ETF TR	TOTL	$72.0K	1,925	0.01%	-0.01pp	30q	-55.1%-$88.3K
ISHARES TR	IWB	$70.7K	170	0.01%	flat	32q	HELD
INVESCO EXCH TRADED FD TR II	SPLV	$70.6K	1,001	0.01%	flat	32q	HELD
ENTERGY CORP NEW	ETR	$70.1K	706	0.01%	flat	32q	+1.1%
ENBRIDGE INC	ENB	$70.1K	1,507	0.01%	flat	32q	-11.7%-$9.3K
SYNOPSYS INC	SNPS	$70.0K	161	0.01%	-0.01pp	7q	-61.8%-$113.1K
PRICE T ROWE GROUP INC	TROW	$69.6K	669	0.01%	flat	32q	-6.4%-$4.8K
ROYAL CARIBBEAN GROUP	RCL	$68.9K	259	0.01%	flat	32q	-2.3%-$1.6K
SPDR INDEX SHS FDS	SPEM	$67.7K	1,307	0.01%	flat	27q	HELD
SCHWAB STRATEGIC TR	FNDA	$67.1K	1,917	0.01%	flat	32q	HELD
GLOBAL X FDS	FINX	$66.4K	2,737	0.01%	flat	8q	HELD
NXP SEMICONDUCTORS N V	NXPI	$65.8K	277	0.01%	flat	32q	+259.7%+$47.5K
SPDR INDEX SHS FDS	EDIV	$65.1K	1,621	0.01%	flat	4q	HELD
RIGETTI COMPUTING INC	RGTI	$65.0K	4,130	0.01%	flat	6q	-2.4%-$1.6K
AMPLIFY ETF TR	HACK	$64.1K	529	0.01%	+0.01pp	11q	+537.3%+$54.1K
INVESCO EXCHANGE TRADED FD T	PSI	$63.6K	417	0.01%	flat	11q	HELD
MODERNA INC	MRNA	$63.4K	329	0.01%	flat	27q	HELD
FASTENAL CO	FAST	$63.3K	1,279	0.01%	flat	13q	HELD
ISHARES TR	IBDR	$62.6K	2,583	0.01%	flat	20q	DEBT
SOLSTICE ADVANCED MATLS INC	SOLS	$62.0K	1,102	0.01%	-0.01pp	4q	-13.6%-$9.7K
MOTOROLA SOLUTIONS INC	MSI	$62.0K	139	0.01%	flat	32q	HELD
COREWEAVE INC	CRWV	$61.9K	711	0.01%	flat	6q	-1.1%
FIRST BANCORP N C	FBNC	$61.7K	1,009	0.01%	flat	4q	+1.0%
ISHARES TR	ITOT	$61.5K	370	0.01%	flat	29q	HELD
ASTRAZENECA PLC	AZN	$61.0K	378	0.01%	-0.27pp	3q	-97.1%-$2.1M
MONOLITHIC PWR SYS INC	MPWR	$60.1K	45	0.01%	-0.35pp	14q	-98.1%-$3.1M
INTERCONTINENTAL EXCHANGE IN	ICE	$59.9K	394	0.01%	flat	26q	+3.1%+$1.8K
S&P GLOBAL INC	SPGI	$59.6K	151	0.01%	flat	19q	+20.8%+$10.3K
SLB LIMITED	SLB	$59.1K	1,214	0.01%	flat	32q	+0.6%
CF INDUSTRIES HOLD	CF	$57.7K	501	0.01%	flat	24q	HELD
CIRCLE INTERNET GROUP INC	CRCL	$57.7K	702	0.01%	-0.02pp	3q	-79.0%-$216.8K
ROCKET COS INC	RKT	$56.9K	4,941	0.01%	flat	5q	HELD
CADENCE DESIGN SYSTEM INC	CDNS	$56.8K	172	0.01%	flat	8q	-16.1%-$10.9K
FIRST TR EXCHANGE-TRADED FD	TDIV	$56.4K	500	0.01%	flat	24q	HELD
J P MORGAN EXCHANGE TRADED F	JEPQ	$55.8K	911	0.01%	flat	13q	+121.7%+$30.6K
ISHARES TR	IWD	$55.5K	224	0.01%	flat	32q	HELD
CRISPR THERAPEUTICS AG	CRSP	$55.3K	1,000	0.01%	flat	12q	HELD
CARRIER GLOBAL CORPORATION	CARR	$55.1K	1,005	0.01%	flat	26q	HELD
SSGA ACTIVE TR	STOT	$54.7K	1,180	0.01%	flat	30q	HELD
NUCOR CORP	NUE	$54.0K	231	0.01%	flat	7q	+68.6%+$22.0K

Showing the largest 400 of 1,715 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	$53.7M	5.9%
Computer Hardware	$47.4M	5.2%
Software & IT Services	$43.8M	4.8%
Industrials	$29.5M	3.2%
Biotech & Pharma	$25.9M	2.9%
Retail & Consumer	$25.0M	2.8%
Capital Markets	$14.6M	1.6%
Other sectors	$125.4M	13.8%
Not classified	$543.4M	59.8%

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	-0.6%	+2.1%	-2.7%	100%
Q2 2026	+14.7%	+14.8%	-0.1%	100%
Q1 2026	-1.3%	-4.6%	+3.4%	100%
Q4 2025	+2.2%	+2.4%	-0.1%	100%
Q3 2025	+7.0%	+7.8%	-0.8%	100%
Q2 2025	+8.7%	+10.5%	-1.8%	100%
Q1 2025	-3.5%	-4.6%	+1.1%	100%
Q4 2024	-0.2%	+2.1%	-2.3%	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	$908.7M	1,715	703	317	228	44	38.6%	23
Q2 2026	$899.8M	1,056	220	200	271	31	38.1%	29
Q1 2026	$772.8M	867	46	219	213	87	37.7%	15
Q4 2025	$721.8M	908	121	277	196	54	38.6%	23
Q3 2025	$645.6M	841	106	181	249	75	36.9%	17
Q2 2025	$612.5M	810	58	194	218	61	36.1%	22
Q1 2025	$554.2M	813	78	272	167	34	36.0%	25
Q4 2024	$556.9M	769	84	194	163	48	36.0%	24
Q3 2024	$553.9M	733	17	71	431	450	34.9%	24
Q2 2024	$673.8M	1,166	84	314	376	123	35.9%	18
Q1 2024	$661.7M	1,205	126	391	349	105	34.3%	19
Q4 2023	$630.0M	1,184	242	471	213	113	36.3%	25
Q3 2023	$572.5M	1,055	172	305	204	89	35.5%	44
Q2 2023	$595.0M	972	121	156	224	22	35.1%	31
Q1 2023	$568.5M	873	73	176	172	30	33.1%	26
Q4 2022	$557.5M	830	27	145	242	94	31.8%	12
Q3 2022	$480.1M	897	65	193	187	48	31.4%	39
Q2 2022	$474.0M	880	35	173	131	56	34.0%	15
Q1 2022	$522.2M	901	50	192	137	50	34.0%	36
Q4 2021	$542.0M	901	69	170	167	30	34.3%	42
Q3 2021	$552.7M	862	44	176	135	59	37.0%	41
Q2 2021	$547.8M	877	64	195	90	25	37.0%	33
Q1 2021	$511.9M	838	92	169	155	48	38.6%	37
Q4 2020	$476.8M	794	62	117	159	30	44.7%	42
Q3 2020	$436.9M	762	33	86	198	37	50.0%	44
Q2 2020	$434.2M	766	74	96	203	55	49.3%	41
Q1 2020	$361.9M	747	77	151	183	73	41.1%	43
Q4 2019	$399.9M	743	49	147	129	54	40.1%	44
Q3 2019	$364.7M	748	72	148	121	49	38.5%	43
Q2 2019	$363.7M	725	45	88	146	47	39.9%	39
Q1 2019	$349.1M	727	52	104	194	85	39.1%	26
Q4 2018	$308.2M	760	0	0	0	0	37.1%	56

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.