DEARBORN PARTNERS LLC

Reported holdings as of Q2 2026, from 31 quarterly filings.

CIK

1206792

Reported value

$3.6B

Positions

290

Top 10 weight

27.3%

Filed

2026-08-13

Days after quarter end

Holdings

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
APPLE INC	AAPL	$221.4M	816,983	6.13%	+0.33pp	31q	+93.6%+$107.0M
MICROSOFT CORP	MSFT	$146.1M	393,242	4.04%	+0.23pp	31q	+106.5%+$75.4M
CASEYS GEN STORES INC	CASY	$96.9M	128,482	2.68%	-0.38pp	31q	+65.2%+$38.3M
MCDONALDS CORP	MCD	$83.0M	283,674	2.30%	-0.31pp	31q	+83.0%+$37.6M
AMPHENOL CORP	APH	$78.9M	526,040	2.18%	+0.29pp	10q	+89.8%+$37.3M
EXXON MOBIL CORP	XOMXXXX	$78.7M	510,350	2.18%	-0.30pp	31q	+89.3%+$37.1M
AUTOMATIC DATA PROCESSING IN	ADP	$75.1M	351,753	2.08%	+0.15pp	31q	+100.3%+$37.6M
WEC ENERGY GROUP INC	WEC	$69.6M	599,161	1.93%	-0.04pp	31q	+90.5%+$33.1M
TEXAS INSTRS INC	TXN	$68.8M	282,818	1.90%	+0.33pp	24q	+89.2%+$32.4M
WATSCO INC	WSO	$67.3M	172,936	1.86%	+0.10pp	31q	+93.0%+$32.4M
ATMOS ENERGY CORP	ATO	$67.2M	376,598	1.86%	-0.02pp	19q	+100.0%+$33.6M
CORTEVA INC	CTVA	$66.3M	787,099	1.83%	-0.04pp	10q	+90.2%+$31.4M
REPUBLIC SVCS INC	RSG	$64.3M	297,185	1.78%	-0.07pp	31q	+90.3%+$30.5M
QUALCOMM INC	QCOM	$62.9M	404,476	1.74%	+0.26pp	31q	+91.1%+$30.0M
MASTERCARD INCORPORATED	MA	$62.8M	123,995	1.74%	-0.01pp	31q	+92.0%+$30.1M
SNAP ON INC	SNA	$59.1M	156,071	1.64%	-0.21pp	31q	+66.4%+$23.6M
VERIZON COMMUNICATIONS INC	VZ	$59.1M	1,271,408	1.64%	-0.18pp	31q	+89.9%+$28.0M
ILLINOIS TOOL WKS INC	ITW	$58.8M	221,598	1.63%	+0.01pp	31q	+92.8%+$28.3M
ABBVIE INC	ABBV	$56.8M	242,993	1.57%	+0.06pp	31q	+89.2%+$26.8M
SHERWIN WILLIAMS CO	SHW	$55.7M	167,925	1.54%	+0.03pp	31q	+92.2%+$26.7M
COSTCO WHOLESALE CORPORATION	COST	$55.1M	56,778	1.52%	-0.21pp	31q	+77.1%+$24.0M
WALMART INC	WMT	$54.8M	459,079	1.52%	-0.22pp	31q	+77.7%+$24.0M
GALLAGHER ARTHUR J & CO	AJG	$53.8M	241,658	1.49%	+0.01pp	31q	+92.0%+$25.8M
PROCTER & GAMBLE CO	PG	$53.8M	369,680	1.49%	-0.02pp	31q	+91.8%+$25.7M
JPMORGAN CHASE & CO	JPM	$51.6M	166,174	1.43%	+0.10pp	31q	+99.8%+$25.8M
CATERPILLAR INC	CAT	$50.8M	57,261	1.41%	+0.31pp	31q	+99.9%+$25.4M
CME GROUP INC	CME	$50.0M	192,514	1.38%	-0.22pp	23q	+91.7%+$23.9M
VERISK ANALYTICS INC	VRSK	$47.3M	257,137	1.31%	+0.13pp	6q	+123.5%+$26.2M
MOTOROLA SOLUTIONS INC	MSI	$46.4M	109,037	1.28%	-0.07pp	9q	+89.3%+$21.9M
HOME DEPOT INC	HD	$45.3M	133,267	1.25%	+0.01pp	31q	+91.3%+$21.6M
STRYKER CORPORATION	SYK	$44.8M	138,927	1.24%	-0.08pp	31q	+88.0%+$21.0M
NASDAQ INC	NDAQ	$44.5M	542,725	1.23%	-0.07pp	31q	+91.0%+$21.2M
STERIS PLC	STE	$43.3M	200,329	1.20%	-0.07pp	30q	+89.4%+$20.4M
NEXTERA ENERGY INC	NEE	$40.9M	452,901	1.13%	-0.01pp	31q	+100.0%+$20.5M
ECOLAB INC	ECL	$40.7M	149,710	1.13%	-0.01pp	31q	+89.0%+$19.2M
S&P GLOBAL INC	SPGI	$40.2M	96,392	1.11%	-0.06pp	22q	+88.9%+$18.9M
JOHNSON & JOHNSON	JNJ	$39.8M	159,759	1.10%	+0.05pp	31q	+100.0%+$19.9M
NVIDIA CORPORATION	NVDA	$39.5M	203,477	1.09%	+0.67pp	25q	+348.4%+$30.7M
CINTAS CORP	CTAS	$39.2M	231,331	1.09%	-0.04pp	11q	+87.9%+$18.4M
EQUINIX INC	EQIX	$38.6M	38,285	1.07%	-0.01pp	20q	+87.7%+$18.1M
T-MOBILE US INC	TMUS	$38.6M	202,639	1.07%	-0.17pp	10q	+86.5%+$17.9M
THOMSON REUTERS CORP.	TRIXXXX	$36.4M	422,575	1.01%	-0.09pp	16q	+86.8%+$16.9M
MCCORMICK & CO INC	MKCV	$34.7M	687,984	0.96%	-0.03pp	15q	+89.8%+$16.4M
FASTENAL CO	FAST	$33.3M	705,826	0.92%	-0.03pp	24q	+87.2%+$15.5M
AMERICAN WTR WKS CO INC NEW	AWK	$31.2M	233,118	0.86%	-0.07pp	31q	+84.7%+$14.3M
GENERAL DYNAMICS CORP	GD	$31.0M	88,826	0.86%	+0.03pp	31q	+100.0%+$15.5M
ALPHABET INC	GOOGL	$30.6M	94,784	0.85%	+0.12pp	31q	+101.8%+$15.4M
ABBOTT LABORATORIES	ABT	$30.2M	304,231	0.84%	-0.37pp	31q	+40.1%+$8.6M
ACCENTURE PLC IRELAND	ACN	$29.6M	162,673	0.82%	-0.54pp	31q	+28.5%+$6.6M
EOG RES INC	EOG	$29.1M	211,326	0.81%	-0.09pp	18q	+85.1%+$13.4M
INTUIT	INTU	$27.6M	78,275	0.76%	-0.21pp	24q	+87.7%+$12.9M
MONDELEZ INTL INC	MDLZ	$27.3M	472,555	0.76%	+0.03pp	15q	+102.2%+$13.8M
TRACTOR SUPPLY CO	TSCO	$26.0M	602,109	0.72%	-0.53pp	31q	+17.7%+$3.9M
HENRY JACK & ASSOC INC	JKHY	$25.4M	171,027	0.70%	-0.08pp	31q	+85.7%+$11.7M
INTERNATIONAL BUSINESS MACHS	IBM	$23.4M	89,550	0.65%	+0.05pp	31q	+96.5%+$11.5M
BROADRIDGE FINL SOLUTIONS IN	BR	$22.9M	151,678	0.63%	-0.09pp	31q	+84.8%+$10.5M
ARES MANAGEMENT CORPORATION	ARES	$22.5M	204,019	0.62%	+0.02pp	18q	+100.5%+$11.3M
BROADCOM INC	AVGO	$22.3M	61,373	0.62%	+0.41pp	14q	+391.8%+$17.8M
RPM INTL INC	RPM	$19.7M	186,766	0.54%	+0.04pp	31q	+100.0%+$9.8M
UNION PAC CORP	UNP	$19.0M	73,779	0.53%	+0.04pp	31q	+98.9%+$9.4M
GILEAD SCIENCES INC	GILD	$18.2M	136,878	0.50%	-0.02pp	31q	+95.9%+$8.9M
RELIANCE INC	RS	$16.4M	48,303	0.45%	+0.06pp	15q	+99.8%+$8.2M
PEPSICO INC	PEP	$15.2M	104,920	0.42%	-0.01pp	31q	+102.1%+$7.7M
ONEOK INC NEW	OKE	$15.1M	169,858	0.42%	-0.01pp	31q	+95.3%+$7.4M
SPDR SERIES TRUST	SPYM	$14.5M	174,533	0.40%	+0.08pp	9q	+128.9%+$8.1M
ZOETIS INC	ZTS	$14.4M	130,908	0.40%	-0.29pp	12q	+22.4%+$2.6M
CHEVRON CORPORATION	CVX	$12.3M	65,910	0.34%	-0.03pp	31q	+100.0%+$6.1M
AIR PRODUCTS AND CHEMICALS I	APD	$12.1M	41,421	0.33%	flat	31q	+95.0%+$5.9M
RTX CORPORATION	RTX	$11.1M	58,015	0.31%	flat	25q	+96.6%+$5.5M
ALLIANT ENERGY CORP	LNT	$10.5M	137,070	0.29%	-	new	NEW
NOVARTIS AG	NVS	$10.4M	67,247	0.29%	flat	31q	+91.0%+$5.0M
LINDE PLC	LINXXXX	$10.0M	19,809	0.28%	+0.01pp	31q	+99.7%+$5.0M
ELI LILLY & CO	LLY	$9.7M	9,132	0.27%	+0.04pp	31q	+102.4%+$4.9M
REALTY INCOME CORP	O	$9.2M	149,729	0.26%	flat	31q	+97.5%+$4.6M
AMAZON COM INC	AMZN	$9.0M	40,342	0.25%	+0.02pp	31q	+100.5%+$4.5M
VISA INC	V	$8.8M	27,131	0.24%	+0.02pp	31q	+102.6%+$4.4M
TJX COS INC NEW	TJX	$8.7M	57,603	0.24%	-	new	NEW
MEDTRONIC PLC	MDT	$8.0M	96,803	0.22%	-0.02pp	29q	+91.0%+$3.8M
MERCK & CO INC	MRK	$7.9M	63,964	0.22%	-0.01pp	31q	+82.5%+$3.6M
COCA COLA CO	KO	$7.6M	97,042	0.21%	+0.01pp	31q	+100.0%+$3.8M
VANGUARD TAX-MANAGED FDS	VEA	$7.5M	109,874	0.21%	+0.04pp	9q	+130.6%+$4.2M
STARBUCKS CORP	SBUX	$7.2M	74,667	0.20%	+0.02pp	31q	+98.3%+$3.5M
DEERE & CO	DE	$6.2M	10,304	0.17%	+0.02pp	31q	+109.6%+$3.2M
ISHARES TR	AGG	$5.9M	59,118	0.16%	+0.01pp	27q	+103.4%+$3.0M
VANECK ETF TRUST	SMH	$5.3M	10,143	0.15%	+0.04pp	25q	+101.5%+$2.7M
ALPHABET INC	GOOG	$5.2M	16,288	0.14%	+0.02pp	31q	+100.3%+$2.6M
CARRIER GLOBAL CORPORATION	CARR	$5.0M	76,870	0.14%	+0.02pp	25q	+100.0%+$2.5M
HERSHEY CO	HSY	$4.8M	25,143	0.13%	-0.01pp	31q	+100.0%+$2.4M
INVESCO QQQ TR	QQQ	$4.3M	6,471	0.12%	+0.02pp	31q	+101.4%+$2.1M
ISHARES TR	IJH	$4.0M	55,218	0.11%	+0.02pp	31q	+127.3%+$2.3M
VANGUARD SCOTTSDALE FDS	VCLT	$4.0M	52,688	0.11%	flat	29q	+103.7%+$2.0M
ADVANCED MICRO DEVICES INC	AMD	$3.9M	10,003	0.11%	+0.05pp	6q	+99.8%+$2.0M
BLACKROCK INC	BLKXXXX	$3.7M	3,872	0.10%	flat	12q	+95.3%+$1.8M
STATE STR SPDR S&P 500 ETF T	SPY	$3.6M	5,141	0.10%	+0.02pp	31q	+115.3%+$1.9M
CARPENTER TECHNOLOGY CORP	CRS	$3.6M	7,100	0.10%	+0.02pp	9q	+100.0%+$1.8M
INVESCO EXCH TRADED FD TR II	VRP	$3.4M	139,278	0.09%	flat	28q	+101.8%+$1.7M
VANGUARD TOTAL BOND MKT INDEX #584-ADM SH		$3.3M	44,627	0.09%	flat	8q	+99.4%+$1.6M
PRINCIPAL EXCHANGE TRADED FD	PREF	$3.3M	171,687	0.09%	flat	29q	+102.7%+$1.6M
SOUTHERN CO	SO	$3.2M	33,767	0.09%	flat	31q	+100.0%+$1.6M
SELECT SECTOR SPDR TR	XLC	$3.1M	28,111	0.08%	flat	11q	+101.7%+$1.5M
PROGRESSIVE CORP	PGR	$3.1M	14,641	0.08%	+0.01pp	28q	+108.8%+$1.6M
EATON CORP PLC	ETN	$3.0M	7,562	0.08%	+0.03pp	31q	+163.1%+$1.9M
SCHWAB STRATEGIC TR	SCHA	$3.0M	90,943	0.08%	+0.02pp	8q	+122.6%+$1.7M
MAIN STR CAP CORP	MAIN	$2.9M	55,850	0.08%	flat	29q	+93.7%+$1.4M
ASML HLDG NV	ASML	$2.9M	1,692	0.08%	+0.03pp	7q	+149.2%+$1.7M
NORTHERN TR CORP	NTRS	$2.9M	18,287	0.08%	+0.01pp	31q	+100.0%+$1.4M
MORNINGSTAR INC	MORN	$2.8M	17,145	0.08%	flat	8q	+97.5%+$1.4M
J P MORGAN EXCHANGE TRADED F	JIRE	$2.7M	34,172	0.08%	+0.02pp	4q	+145.5%+$1.6M
ANALOG DEVICES INC	ADI	$2.7M	7,611	0.08%	+0.01pp	31q	+98.6%+$1.4M
VANGUARD INDEX FDS	VOO	$2.7M	4,218	0.08%	+0.01pp	21q	+103.3%+$1.4M
WESTERN DIGITAL CORP	WDC	$2.7M	6,066	0.07%	+0.03pp	3q	+89.1%+$1.3M
ROPER TECHNOLOGIES INC	ROP	$2.6M	7,598	0.07%	-0.01pp	11q	+71.1%+$1.1M
SPDR GOLD TR	GLD	$2.6M	6,409	0.07%	-0.01pp	29q	+86.2%+$1.2M
CISCO SYS INC	CSCO	$2.4M	25,108	0.07%	+0.01pp	31q	+98.8%+$1.2M
GE VERNOVA INC	GEV	$2.4M	2,388	0.07%	+0.01pp	6q	+100.2%+$1.2M
BLACKSTONE INC	BX	$2.4M	20,988	0.07%	flat	28q	+100.0%+$1.2M
ISHARES INC	IEMG	$2.4M	31,659	0.07%	+0.01pp	6q	+121.2%+$1.3M
VANGUARD SCOTTSDALE FDS	VCIT	$2.4M	29,179	0.07%	flat	26q	+99.3%+$1.2M
PFIZER INC	PFE	$2.4M	91,718	0.07%	-0.01pp	31q	+79.5%+$1.1M
GSK PLC	GSK	$2.4M	44,534	0.07%	flat	11q	+108.2%+$1.2M
WILLIAMS COS INC	WMB	$2.4M	32,156	0.07%	flat	29q	+99.6%+$1.2M
DUKE ENERGY CORP NEW	DUK	$2.3M	18,184	0.06%	flat	31q	+99.8%+$1.2M
EMERSON ELEC CO	EMR	$2.3M	17,005	0.06%	flat	31q	+100.0%+$1.2M
US BANCORP	USB	$2.3M	40,434	0.06%	+0.01pp	31q	+97.4%+$1.1M
PARKER-HANNIFIN CORP	PH	$2.2M	2,339	0.06%	flat	31q	+77.3%+$950.0K
ALPS ETF TR	AMLP	$2.1M	41,046	0.06%	flat	25q	+99.0%+$1.1M
CITIGROUP INC	C	$2.1M	16,476	0.06%	+0.01pp	8q	+100.5%+$1.0M
TESLA INC	TSLA	$2.1M	5,230	0.06%	+0.01pp	25q	+104.5%+$1.1M
ISHARES TR	IJK	$2.1M	19,010	0.06%	+0.01pp	31q	+100.0%+$1.0M
LOCKHEED MARTIN CORP	LMT	$2.1M	3,710	0.06%	flat	31q	+100.3%+$1.0M
TAIWAN SEMICONDUCTOR MANUFAC	TSM	$2.1M	5,042	0.06%	+0.01pp	14q	+100.0%+$1.0M
HONEYWELL INTL INC	HONZZZZ	$2.0M	8,899	0.06%	-0.02pp	31q	+50.0%+$668.3K
VANGUARD INDEX FDS	VTV	$1.9M	9,214	0.05%	flat	12q	+100.0%+$953.9K
ISHARES TR	IBB	$1.9M	10,524	0.05%	flat	31q	+96.3%+$925.6K
MOODYS CORP	MCO	$1.9M	4,225	0.05%	+0.01pp	7q	+142.7%+$1.1M
NORFOLK SOUTHN CORP	NSC	$1.9M	6,180	0.05%	flat	31q	+100.0%+$929.3K
GOLDMAN SACHS GROUP INC	GS	$1.8M	1,916	0.05%	+0.01pp	5q	+100.2%+$890.7K
SERVICENOW INC	NOW	$1.8M	17,298	0.05%	+0.01pp	10q	+131.2%+$996.9K
BERKSHIRE HATHAWAY INC DEL	BRKB	$1.8M	3,582	0.05%	flat	31q	+100.7%+$880.2K
XCEL ENERGY INC	XEL	$1.8M	21,939	0.05%	flat	31q	+100.1%+$876.5K
VANGUARD INTL EQUITY INDEX F	VWO	$1.7M	29,706	0.05%	+0.01pp	10q	+119.5%+$923.9K
UBER TECHNOLOGIES INC	UBER	$1.7M	23,482	0.05%	flat	24q	+100.2%+$846.7K
NETFLIX INC	NFLX	$1.7M	20,177	0.05%	-0.01pp	16q	+99.6%+$843.8K
ISHARES TR	IWM	$1.7M	6,158	0.05%	+0.01pp	11q	+100.0%+$844.3K
ISHARES TR	DVY	$1.6M	10,683	0.05%	flat	11q	+95.2%+$801.4K
CUMMINS INC	CMI	$1.6M	2,603	0.05%	+0.01pp	16q	+100.4%+$816.0K
ISHARES TR	IDV	$1.6M	38,544	0.04%	flat	6q	+99.9%+$808.9K
LOWES COS INC	LOW	$1.6M	7,062	0.04%	flat	15q	+100.1%+$806.9K
DOW HLDGS INC	DOW	$1.6M	45,462	0.04%	-0.01pp	3q	+100.1%+$784.5K
META PLATFORMS INC	META	$1.5M	2,598	0.04%	flat	14q	+94.6%+$717.1K
ISHARES TR OPT	IWM	$1.5M	2,072	0.04%	flat	12q	+100.0%+$726.3K
MARZETTI COMPANY	MZTI	$1.4M	11,471	0.04%	flat	28q	+112.0%+$761.0K
ISHARES TR	IBDR	$1.4M	58,837	0.04%	flat	12q	DEBT
SELECT SECTOR SPDR TR	XLU	$1.4M	31,180	0.04%	flat	11q	+102.5%+$719.8K
SIXTH STREET SPECIALTY LENDI	TSLX	$1.4M	79,087	0.04%	-0.01pp	25q	+56.6%+$512.8K
AT&T INC	T	$1.4M	56,300	0.04%	-0.01pp	31q	+94.4%+$682.4K
SELECT SECTOR SPDR TR	XLV	$1.4M	9,216	0.04%	flat	21q	+88.7%+$659.8K
AMGEN INC	AMGN	$1.4M	3,894	0.04%	flat	31q	+98.3%+$688.9K
SELECT SECTOR SPDR TR	XLK	$1.4M	8,589	0.04%	+0.01pp	12q	+87.7%+$641.2K
SALESFORCE INC	CRM	$1.4M	7,955	0.04%	flat	31q	+93.6%+$662.0K
SHELL PLC	SHEL	$1.4M	15,994	0.04%	flat	18q	+117.0%+$730.2K
LYONDELLBASELL INDUSTRIES NV	LYB	$1.3M	19,863	0.04%	-0.01pp	16q	+94.2%+$645.6K
ISHARES TR	IBDS	$1.3M	54,254	0.04%	flat	12q	DEBT
PAYCHEX INC	PAYX	$1.3M	13,806	0.04%	flat	31q	+97.9%+$650.1K
ISHARES TR	IBDV	$1.3M	59,909	0.04%	flat	3q	+110.2%+$686.1K
ISHARES TR	IBDT	$1.3M	51,657	0.04%	flat	11q	+110.2%+$684.7K
OREILLY AUTOMOTIVE INC	ORLY	$1.3M	14,168	0.04%	flat	15q	+119.0%+$709.9K
PHILLIPS 66	PSX	$1.3M	7,332	0.04%	flat	31q	+92.0%+$617.9K
ISHARES TR	IBDU	$1.3M	55,235	0.04%	flat	7q	+110.4%+$672.6K
ENTERPRISE PRODS PARTNERS L	EPD	$1.3M	33,568	0.03%	flat	31q	+97.2%+$617.3K
VANGUARD INDEX FDS	VUG	$1.2M	9,874	0.03%	+0.01pp	4q	+791.2%+$1.1M
AMEREN CORP	AEE	$1.2M	10,925	0.03%	flat	5q	+99.5%+$607.5K
BOEING CO	BA	$1.2M	5,840	0.03%	flat	31q	+99.4%+$604.7K
KIMBERLY-CLARK CORP	KMB	$1.2M	11,735	0.03%	flat	31q	+90.8%+$574.0K
ISHARES TR	HYG	$1.2M	27,176	0.03%	flat	5q	+95.8%+$563.4K
ISHARES TR	IEFA	$1.1M	12,191	0.03%	flat	9q	+103.8%+$581.1K
SELECT SECTOR SPDR TR	XLI	$1.1M	6,315	0.03%	+0.01pp	11q	+122.8%+$607.9K
ENBRIDGE INC	ENB	$1.1M	19,860	0.03%	flat	31q	+100.0%+$538.0K
PPG INDS INC	PPG	$1.1M	9,316	0.03%	flat	31q	+100.0%+$531.4K
VANGUARD INDEX FDS	VBR	$1.1M	4,602	0.03%	flat	4q	+107.2%+$549.0K
SELECT SECTOR SPDR TR	XLRE	$1.0M	24,551	0.03%	flat	5q	+124.3%+$579.5K
ISHARES INC	EWC	$989.4K	17,600	0.03%	flat	5q	+100.0%+$494.7K
ISHARES TR	MBB	$988.2K	10,431	0.03%	flat	4q	+99.2%+$492.2K
VANGUARD WHITEHALL FDS	VYM	$979.6K	6,400	0.03%	flat	6q	+100.0%+$489.8K
ALCON AG	ALC	$975.4K	13,757	0.03%	flat	20q	+116.9%+$525.7K
AMERICAN ELEC PWR CO INC	AEP	$964.7K	7,244	0.03%	-0.01pp	31q	+58.3%+$355.3K
GLOBAL X FDS	PFFV	$962.5K	43,890	0.03%	flat	3q	+99.3%+$479.5K
Intel Corp UNVERIFIED ID		$950.5K	10,339	0.03%	+0.01pp	2q	+100.2%+$475.7K
VANGUARD INDEX FDS	VOT	$949.4K	3,369	0.03%	flat	31q	+99.8%+$474.3K
ISHARES TR	EEM	$948.3K	14,921	0.03%	+0.01pp	31q	+139.4%+$552.2K
ISHARES TR	IJT	$938.2K	6,859	0.03%	flat	12q	+108.1%+$487.3K
VANGUARD BD INDEX FDS	BIV	$936.3K	12,172	0.03%	flat	29q	+118.6%+$508.0K
POOL CORP	POOL	$935.4K	4,488	0.03%	flat	25q	+94.4%+$454.2K
PALANTIR TECHNOLOGIES INC	PLTR	$913.9K	6,983	0.03%	flat	6q	+108.4%+$475.5K
SCHWAB STRATEGIC TR	SCHG	$909.9K	28,900	0.03%	flat	4q	+100.0%+$455.0K
FIRSTSERVICE CORP NEW	FSV	$903.0K	6,428	0.02%	flat	12q	+93.7%+$436.7K
FLEXSHARES TR	GUNR	$889.9K	16,900	0.02%	flat	2q	+74.2%+$379.1K
OTIS WORLDWIDE CORP	OTIS	$872.0K	11,730	0.02%	flat	16q	+100.0%+$436.0K
BRITISH AMERN TOB PLC	BTI	$864.7K	14,384	0.02%	flat	25q	+100.0%+$432.3K
PUBLIC STORAGE	PSA	$864.1K	2,934	0.02%	flat	3q	+99.3%+$430.6K
GE AEROSPACE	GE	$861.4K	2,619	0.02%	flat	7q	+100.7%+$432.2K
ALLSTATE CORP	ALL	$830.5K	3,730	0.02%	flat	23q	+100.1%+$415.5K
UNILEVER PLC	UL	$829.7K	14,172	0.02%	flat	3q	+100.0%+$414.8K
ISHARES TR	IBCA	$825.0K	32,345	0.02%	-0.01pp	3q	+56.2%+$296.9K
ELEVANCE HEALTH INC FORMERLY	ELV	$820.8K	2,416	0.02%	flat	5q	+100.0%+$410.4K
INVESCO EXCHANGE TRADED FD T	RSP	$797.2K	3,940	0.02%	flat	2q	+100.0%+$398.6K
TRAVELERS COMPANIES INC	TRV	$773.6K	2,490	0.02%	flat	15q	+97.1%+$381.2K
COLGATE PALMOLIVE CO	CL	$765.6K	8,660	0.02%	flat	31q	+97.0%+$377.1K
CAPITAL SOUTHWEST CORP	CSWC	$761.6K	33,386	0.02%	flat	10q	+71.9%+$318.6K
STATE STR CORP	STT	$740.4K	5,000	0.02%	flat	8q	+100.0%+$370.2K
CRA INTL INC	CRAI	$717.2K	4,734	0.02%	flat	18q	+113.1%+$380.5K
VANGUARD STAR FDS	VXUS	$710.7K	8,740	0.02%	flat	6q	+100.9%+$357.0K
PHILIP MORRIS INTL INC	PM	$692.5K	4,000	0.02%	flat	31q	+100.0%+$346.2K
DIGITAL RLTY TR INC	DLR	$685.8K	3,812	0.02%	flat	31q	+100.1%+$343.1K
TARGET CORP	TGT	$684.6K	5,437	0.02%	flat	31q	+100.2%+$342.6K
VANGUARD INDEX FDS	VO	$658.8K	5,405	0.02%	flat	24q	+400.0%+$527.1K
HONEYWELL AEROSPACE INC	HONA	$654.8K	2,962	0.02%	-	new	NEW
ASCENDIS PHARMA A/S	ASND	$644.1K	2,600	0.02%	flat	6q	+100.0%+$322.0K
ALTRIA GROUP INC	MO	$638.1K	9,230	0.02%	flat	8q	+111.5%+$336.3K
BRISTOL-MYERS SQUIBB CO	BMY	$636.6K	10,798	0.02%	flat	3q	+127.4%+$356.7K
SELECT SECTOR SPDR TR	XLY	$633.1K	5,596	0.02%	flat	11q	+100.0%+$316.5K
CLOROX CO DEL	CLX	$630.5K	6,319	0.02%	flat	31q	+88.8%+$296.5K
TC ENERGY CORP	TRP	$629.6K	9,770	0.02%	flat	8q	+100.0%+$314.8K
VANGUARD INDEX FDS	VTI	$626.1K	1,813	0.02%	flat	11q	+99.4%+$312.2K
BITWISE BITCOIN ETF TR	BITB	$624.1K	18,270	0.02%	flat	6q	+115.3%+$334.2K
COGNIZANT TECHNOLOGY SOLUTIO	CTSH	$613.1K	12,274	0.02%	flat	31q	+101.6%+$309.0K
ORACLE CORP	ORCL	$595.8K	4,058	0.02%	flat	15q	+100.7%+$298.9K
ROYAL CARIBBEAN GROUP	RCL	$595.7K	2,010	0.02%	flat	5q	+100.0%+$297.8K
SCHWAB STRATEGIC TR	SCHD	$595.2K	19,001	0.02%	flat	2q	+167.3%+$372.5K
MONOLITHIC PWR SYS INC	MPWR	$594.2K	480	0.02%	flat	4q	+100.0%+$297.1K
SPINNAKER ETF SERIES	EUAD	$592.9K	14,300	0.02%	flat	5q	+100.0%+$296.4K
INTUITIVE SURGICAL INC	ISRG	$581.7K	1,355	0.02%	flat	27q	+100.1%+$291.1K
EASTMAN CHEM CO	EMN	$580.4K	8,100	0.02%	flat	2q	+100.0%+$290.2K
TORO CO	TTC	$575.6K	5,908	0.02%	-	new	NEW
FEDERAL SIGNAL CORP	FSS	$574.6K	4,777	0.02%	flat	2q	+148.0%+$342.9K
SHOPIFY INC	SHOP	$572.5K	4,931	0.02%	flat	4q	+131.7%+$325.4K
KINSALE CAP GROUP INC	KNSL	$565.3K	1,677	0.02%	flat	11q	+62.7%+$217.8K
SONY GROUP CORP	SONY	$562.9K	27,622	0.02%	flat	13q	+100.0%+$281.5K
AMERICAN EXPRESS CO	AXP	$557.5K	1,739	0.02%	flat	23q	+102.4%+$282.1K
BECTON DICKINSON & CO	BDX	$551.1K	3,569	0.02%	flat	31q	+90.7%+$262.1K
ISHARES TR	IBTP	$542.1K	20,805	0.02%	flat	3q	+128.0%+$304.4K
ISHARES TR	IBDY	$541.7K	21,005	0.01%	flat	3q	+128.1%+$304.2K
ISHARES TR	IBDX	$540.0K	21,409	0.01%	flat	3q	+128.1%+$303.3K
BROOKFIELD RENEWABLE CORP	BEPC	$537.0K	13,850	0.01%	flat	4q	+63.9%+$209.4K
VANGUARD BD INDEX FDS	BSV	$529.6K	6,776	0.01%	flat	28q	+100.0%+$264.8K
ISHARES TR	IBDW	$523.1K	25,054	0.01%	flat	3q	+129.2%+$294.9K
WW GRAINGER INC	GWW	$518.3K	426	0.01%	flat	5q	+87.7%+$242.1K
VANECK ETF TRUST OPT	SMH	$517.9K	29,300	0.01%	flat	5q	+83.1%+$235.1K
NORTHROP GRUMMAN CORP	NOC	$498.5K	836	0.01%	flat	6q	+100.0%+$249.2K
HEICO CORP NEW	HEI	$480.1K	1,348	0.01%	-	new	NEW
DISNEY WALT CO	DIS	$478.9K	4,972	0.01%	flat	31q	+100.0%+$239.4K
SOLSTICE ADVANCED MATLS INC	SOLS	$465.3K	5,652	0.01%	flat	2q	+98.2%+$230.5K
OLD DOMINION FREIGHT LINE IN	ODFL	$462.3K	2,366	0.01%	-0.01pp	7q	HELD
INTELLIA THERAPEUTICS INC	NTLA	$460.0K	30,819	0.01%	flat	3q	+105.5%+$236.2K
HOWMET AEROSPACE INC	HWM	$457.7K	1,834	0.01%	flat	2q	+100.0%+$228.8K
INVESCO EXCHANGE TRADED FD T	PGF	$456.6K	33,244	0.01%	flat	31q	+97.0%+$224.9K
SELECT SECTOR SPDR TR	XLP	$456.1K	5,528	0.01%	flat	31q	+94.7%+$221.9K
INVESCO EXCH TRADED FD TR II	PIO	$455.4K	6,700	0.01%	flat	10q	+100.0%+$227.7K
VANGUARD WORLD FD	VAW	$445.5K	1,962	0.01%	flat	2q	+100.0%+$222.8K
AFLAC INC	AFL	$443.8K	3,910	0.01%	flat	31q	+100.4%+$222.3K
BYLINE BANCORP INC	BY	$442.4K	12,780	0.01%	flat	2q	+100.0%+$221.2K
ARES CAPITAL CORP	ARCC	$438.6K	24,000	0.01%	flat	2q	+100.0%+$219.3K
VANGUARD INDEX FDS	VB	$432.8K	1,532	0.01%	flat	2q	+100.0%+$216.4K
ISHARES TR	TLT	$419.8K	4,850	0.01%	flat	12q	+94.0%+$203.4K
KINDER MORGAN INC DEL	KMI	$415.9K	12,700	0.01%	flat	2q	+101.1%+$209.1K
ISHARES INC	EWA	$413.6K	14,794	0.01%	flat	2q	+100.0%+$206.8K
PROLOGIS INC.	PLD	$409.2K	3,058	0.01%	flat	6q	+100.0%+$204.6K
ISHARES TR	IGV	$409.1K	4,515	0.01%	-	new	NEW
MICRON TECHNOLOGY INC	MU	$408.6K	354	0.01%	-	new	NEW
APPLIED MATLS INC	AMAT	$393.2K	544	0.01%	-	new	NEW
GCM GROSVENOR INC	GCMG	$379.0K	34,300	0.01%	flat	20q	+100.0%+$189.5K
Newmont Mining Corporation UNVERIFIED ID		$378.9K	3,500	0.01%	-0.01pp	4q	HELD
FIRST SOLAR INC	FSLR	$371.6K	1,575	0.01%	-	new	NEW
BLUEROCK HOMES TRUST INC	BHM	$365.5K	24,206	0.01%	flat	3q	+72.2%+$153.3K
SPACE EXPLORATION TECHN CORP	SPCX	$353.0K	2,066	0.01%	-	new	NEW
ISHARES TR	EFA	$324.3K	3,122	0.01%	-	new	NEW
PROSHARES TR	UWM	$323.2K	3,700	0.01%	-	new	NEW
PROSHARES TR II	VIXY	$319.5K	9,300	0.01%	-0.01pp	2q	HELD
ISHARES TR	ICLN	$280.7K	13,700	0.01%	-	new	NEW
HUBBELL INC	HUBB	$274.7K	525	0.01%	-	new	NEW
ISHARES TR	MUB	$273.9K	2,580	0.01%	-0.01pp	4q	HELD
ROBINHOOD MKTS INC	HOOD	$258.3K	2,576	0.01%	-	new	NEW
VISTRA CORP	VST	$237.9K	1,500	0.01%	-	new	NEW
MASCO CORP	MAS	$236.0K	2,900	0.01%	-	new	NEW
RELX PLC	RELX	$235.2K	7,094	0.01%	-0.01pp	13q	HELD
ISHARES TR	TIP	$229.8K	2,100	0.01%	-	new	NEW
UL SOLUTIONS INC	ULS	$211.4K	2,075	0.01%	-	new	NEW
VANGUARD INDEX FDS	VBK	$208.8K	571	0.01%	-	new	NEW
ISHARES INC	EWQ	$204.4K	4,500	0.01%	-	new	NEW
IGC PHARMA INC	IGC	$31.8K	118,802	0.00%	flat	31q	+100.0%+$15.9K

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
Retail & Consumer	$517.9M	14.3%
Software & IT Services	$364.7M	10.1%
Semiconductors & Electronics	$336.6M	9.3%
Computer Hardware	$249.9M	6.9%
Utilities	$225.8M	6.3%
Biotech & Pharma	$195.3M	5.4%
Industrials	$191.6M	5.3%
Business Services	$170.2M	4.7%
Chemicals	$133.5M	3.7%
Energy	$131.0M	3.6%
Capital Markets	$128.1M	3.5%
Telecom & Media	$101.3M	2.8%
Other sectors	$608.7M	16.8%
Not classified	$258.6M	7.2%

Quarter by quarter

Quarter	Value	Positions	New	Added	Trimmed	Exited	Top 10	Days to file
Q2 2026	$3.6B	290	21	264	0	0	27.3%	44
Q1 2026	$1.8B	269	15	66	137	10	27.3%	42
Q4 2025	$2.0B	264	18	70	134	9	27.7%	42
Q3 2025	$2.1B	255	14	53	116	15	27.4%	41
Q2 2025	$2.1B	256	13	131	64	14	26.0%	45
Q1 2025	$2.1B	257	16	39	152	18	26.7%	38
Q4 2024	$2.4B	259	12	64	106	19	27.2%	38
Q3 2024	$2.5B	266	18	66	107	7	26.7%	37
Q2 2024	$2.3B	255	12	84	106	17	27.7%	26
Q1 2024	$2.3B	260	13	75	135	9	26.2%	38
Q4 2023	$2.7B	256	25	52	105	6	26.9%	26
Q3 2023	$2.5B	237	18	74	75	17	28.3%	32
Q2 2023	$2.6B	236	10	76	72	16	29.1%	34
Q1 2023	$2.5B	242	10	52	108	13	27.7%	34
Q4 2022	$2.5B	245	15	38	133	27	26.9%	33
Q3 2022	$2.3B	257	20	113	41	17	28.2%	52
Q2 2022	$2.4B	254	6	84	49	25	26.9%	20
Q1 2022	$2.6B	273	21	137	63	17	26.0%	34
Q4 2021	$2.8B	269	21	83	77	3	27.7%	28
Q3 2021	$2.5B	251	14	59	49	13	26.1%	27
Q2 2021	$2.5B	250	10	103	31	7	25.2%	26
Q1 2021	$2.3B	247	14	102	64	18	25.8%	29
Q4 2020	$2.2B	251	30	83	62	8	27.8%	27
Q3 2020	$2.0B	229	18	51	76	6	27.1%	20
Q2 2020	$1.9B	217	18	51	89	18	26.7%	30
Q1 2020	$1.6B	217	11	100	65	43	25.5%	41
Q4 2019	$2.0B	249	14	151	33	5	24.4%	28
Q3 2019	$1.7B	240	29	101	50	14	24.2%	29
Q2 2019	$1.6B	225	27	106	24	8	24.9%	29
Q1 2019	$1.5B	206	16	81	74	16	25.2%	31
Q4 2018	$1.3B	206	0	0	0	0	25.3%	35

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.