Central Pacific Bank - Trust Division

Reported holdings as of Q3 2026, from 11 quarterly filings.

CIK

2020066

Reported value

$952.0M

Positions

849

Top 10 weight

29.7%

Filed

2026-10-06

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
ISHARES TR	IVV	$88.5M	115,550	9.30%	+0.47pp	11q	HELD
STATE STR SPDR S&P 500 ETF T	SPY	$31.3M	41,096	3.29%	+0.14pp	11q	-1.1%-$353.1K
APPLE INC	AAPL	$30.3M	91,067	3.19%	+0.41pp	11q	-3.4%-$1.1M
BLACKROCK ETF TRUST	DYNF	$23.6M	341,241	2.48%	+0.21pp	8q	+3.8%+$864.6K
NVIDIA CORPORATION	NVDA	$22.9M	100,192	2.40%	+0.33pp	11q	-1.7%-$391.2K
VANGUARD MALVERN FDS	VCRB	$22.4M	304,333	2.35%	+0.14pp	3q	+7.7%+$1.6M
MICROSOFT CORP	MSFT	$21.0M	40,886	2.20%	+0.90pp	11q	+19.3%+$3.4M
ALPHABET INC	GOOGL	$15.1M	43,974	1.59%	-0.04pp	11q	-2.2%-$339.3K
INVESCO EXCH TRADED FD TR II	QQQM	$14.6M	47,830	1.53%	+0.13pp	7q	+4.9%+$682.4K
AMAZON COM INC	AMZN	$12.7M	50,970	1.33%	+0.03pp	11q	-5.6%-$756.7K
ISHARES TR	EFV	$11.9M	150,427	1.25%	+0.13pp	4q	+4.5%+$512.7K
ISHARES TR	IEFA	$11.0M	114,002	1.16%	+0.10pp	11q	+5.4%+$569.6K
ISHARES INC	IEMG	$10.9M	133,745	1.14%	-0.17pp	11q	-14.0%-$1.8M
INVESCO QQQ TR	QQQ	$10.4M	14,045	1.09%	+0.04pp	11q	HELD
ISHARES TR	SUB	$9.8M	93,415	1.03%	-0.01pp	11q	-2.0%-$203.1K
ISHARES TR	IYW	$9.4M	35,653	0.99%	+0.07pp	11q	-1.1%-$109.1K
ADVANCED MICRO DEVICES INC	AMD	$9.4M	15,328	0.98%	+0.36pp	11q	+44.6%+$2.9M
ELI LILLY & CO	LLY	$7.9M	6,814	0.83%	-0.05pp	11q	-5.6%-$472.1K
SPDR SERIES TRUST	SPHY	$7.1M	314,960	0.75%	+0.12pp	4q	+19.6%+$1.2M
JANUS DETROIT STR TR	JBBB	$7.0M	147,775	0.73%	+0.46pp	2q	+157.4%+$4.3M
BLACKROCK ETF TRUST	BAI	$6.8M	144,867	0.72%	-0.01pp	3q	+6.0%+$385.4K
BROADCOM INC	AVGO	$6.6M	18,933	0.70%	-0.23pp	11q	-21.7%-$1.8M
BLACKROCK ETF TRUST II	BINC	$6.6M	130,162	0.69%	+0.04pp	5q	+5.0%+$316.4K
SCHWAB CHARLES CORP	SCHW	$6.4M	65,888	0.68%	+0.05pp	11q	-1.4%-$93.8K
CORNING INC	GLW	$6.3M	41,050	0.66%	-0.44pp	11q	-3.6%-$238.5K
INVESCO EXCHANGE TRADED FD T	RSP	$5.8M	27,795	0.61%	+0.15pp	7q	+32.4%+$1.4M
AMPHENOL CORP	APH	$5.5M	65,502	0.58%	+0.06pp	11q	+126.9%+$3.1M
ISHARES TR	IWF	$5.5M	43,648	0.57%	+0.02pp	11q	HELD
BERKSHIRE HATHAWAY INC DEL	BRKB	$5.3M	10,712	0.56%	+0.02pp	11q	HELD
MICRON TECHNOLOGY INC	MU	$5.3M	4,973	0.56%	flat	11q	+4.0%+$203.4K
META PLATFORMS INC	META	$5.2M	7,169	0.55%	+0.30pp	11q	+64.7%+$2.0M
UNITEDHEALTH GROUP INC	UNH	$5.1M	13,956	0.54%	-0.10pp	11q	-7.6%-$419.2K
ALPHABET INC	GOOG	$4.9M	14,374	0.51%	-0.03pp	11q	-4.4%-$223.9K
BANK OF NY MELLON CORP	BNY	$4.7M	32,770	0.50%	-0.08pp	11q	-16.1%-$909.7K
J P MORGAN EXCHANGE TRADED F	JIVE	$4.7M	49,545	0.50%	+0.02pp	2q	-2.1%-$102.8K
DEERE & CO	DE	$4.7M	7,024	0.50%	+0.12pp	11q	+19.0%+$753.5K
ISHARES TR	ICVT	$4.7M	41,229	0.49%	-0.03pp	10q	-1.1%-$52.1K
CISCO SYS INC	CSCO	$4.6M	43,025	0.49%	-0.14pp	11q	-17.9%-$1.0M
JOHNSON CONTROLS INTERNATION	JCI	$4.6M	30,963	0.48%	-0.01pp	11q	-6.0%-$294.3K
TAIWAN SEMICONDUCTOR MANUFAC	TSM	$4.5M	9,815	0.47%	+0.11pp	9q	+31.2%+$1.1M
JANUS DETROIT STR TR	JAAA	$4.4M	87,170	0.46%	-0.11pp	10q	-21.8%-$1.2M
VISA INC	V	$4.4M	12,243	0.46%	+0.02pp	11q	-2.9%-$129.7K
JOHNSON & JOHNSON	JNJ	$4.0M	15,123	0.42%	-0.01pp	11q	-8.6%-$374.3K
NORFOLK SOUTHN CORP	NSC	$4.0M	12,927	0.42%	-0.02pp	11q	-5.4%-$227.1K
PHILIP MORRIS INTL INC	PM	$3.9M	20,643	0.41%	flat	11q	-7.9%-$337.6K
FIRST TR EXCHNG TRADED FD VI	BUFR	$3.9M	105,080	0.41%	+0.01pp	11q	-2.2%-$87.1K
AMERICAN EXPRESS CO	AXP	$3.9M	12,925	0.41%	-0.15pp	11q	-21.1%-$1.0M
CHEVRON CORPORATION	CVX	$3.9M	19,122	0.41%	+0.10pp	11q	+4.5%+$167.2K
JPMORGAN CHASE & CO	JPM	$3.9M	11,700	0.41%	-0.02pp	11q	-8.0%-$337.8K
ISHARES TR	EFA	$3.9M	37,255	0.41%	+0.01pp	11q	-0.7%-$26.2K
ISHARES TR	LQD	$3.9M	37,805	0.41%	-0.25pp	11q	-35.7%-$2.1M
DOMINION ENERGY INC	D	$3.8M	62,721	0.40%	-0.04pp	11q	-1.6%-$62.0K
APPLIED MATLS INC	AMAT	$3.7M	7,172	0.39%	+0.15pp	3q	+121.9%+$2.0M
TEXAS INSTRS INC	TXN	$3.6M	12,994	0.38%	-0.01pp	11q	HELD
RTX CORPORATION	RTX	$3.6M	19,405	0.38%	-0.04pp	11q	-11.2%-$456.5K
ANGEL OAK FUNDS TRUST	CARY	$3.6M	178,995	0.38%	+0.10pp	2q	+36.9%+$970.1K
AIR PRODUCTS AND CHEMICALS I	APD	$3.6M	12,794	0.37%	-0.01pp	11q	-0.8%-$29.2K
ISHARES TR	IWM	$3.5M	12,531	0.37%	-0.02pp	11q	-1.9%-$67.0K
BLACKROCK INC	BLK	$3.5M	3,286	0.37%	+0.01pp	7q	-8.8%-$335.5K
SHOPIFY INC	SHOP	$3.5M	23,306	0.36%	+0.12pp	11q	+12.2%+$376.7K
VANGUARD STAR FDS	VXUS	$3.4M	40,493	0.36%	flat	11q	-2.4%-$85.4K
ASML HLDG NV	ASML	$3.4M	1,891	0.36%	-0.08pp	8q	-12.4%-$483.7K
ROCKWELL AUTOMATION INC	ROK	$3.3M	7,621	0.35%	-0.04pp	11q	-0.5%-$17.8K
ALPHABET INC	GOOGN	$3.3M	66,562	0.34%	-	new	NEW
TE CONNECTIVITY PLC	TEL	$3.2M	15,394	0.34%	+0.03pp	8q	+2.2%+$68.6K
INVESCO EXCH TRADED FD TR II	KBWB	$3.2M	36,260	0.33%	+0.11pp	2q	+56.6%+$1.1M
REPUBLIC SVCS INC	RSG	$3.2M	15,071	0.33%	+0.01pp	11q	HELD
GE VERNOVA INC	GEV	$3.1M	3,264	0.33%	-0.13pp	10q	-14.0%-$505.7K
VANGUARD BD INDEX FDS	BSV	$3.1M	40,596	0.33%	+0.03pp	11q	+7.3%+$209.7K
STATE STR CORP	STT	$3.0M	17,200	0.32%	flat	11q	-7.0%-$227.0K
ISHARES TR	ACWX	$3.0M	39,180	0.31%	flat	7q	-1.9%-$58.2K
MCKESSON CORP	MCK	$2.9M	3,440	0.31%	+0.04pp	10q	-2.3%-$69.2K
ARISTA NETWORKS INC	ANET	$2.9M	14,303	0.31%	+0.05pp	7q	-2.5%-$73.7K
COSTCO WHOLESALE CORPORATION	COST	$2.9M	3,196	0.31%	-0.06pp	11q	-15.8%-$547.1K
ANALOG DEVICES INC	ADI	$2.9M	7,330	0.31%	-0.02pp	11q	-7.9%-$249.9K
SYNOPSYS INC	SNPS	$2.9M	6,607	0.30%	-0.03pp	6q	-8.7%-$272.3K
RBB FD INC	ZMUN	$2.9M	57,875	0.30%	+0.08pp	3q	+34.4%+$730.5K
ISHARES TR	IEI	$2.8M	25,015	0.30%	flat	4q	HELD
STARBUCKS CORP	SBUX	$2.8M	29,745	0.29%	-0.06pp	11q	-11.8%-$372.2K
CUMMINS INC	CMI	$2.8M	5,336	0.29%	-0.13pp	11q	-7.9%-$235.6K
ALPHABET INC		$2.8M	56,775	0.29%	-	new	NEW
VERTEX PHARMACEUTICALS INC	VRTX	$2.7M	5,203	0.29%	+0.03pp	11q	+1.6%+$41.8K
ITT INC	ITT	$2.7M	13,402	0.28%	+0.02pp	11q	HELD
MADISON SQUARE GRDN SPRT COR	MSGS	$2.7M	6,600	0.28%	+0.01pp	11q	HELD
GE AEROSPACE	GE	$2.7M	8,499	0.28%	-0.12pp	11q	-19.7%-$651.1K
EATON CORP PLC	ETN	$2.6M	6,147	0.28%	+0.02pp	11q	+1.5%+$38.7K
UBER TECHNOLOGIES INC	UBER	$2.6M	38,130	0.27%	-0.03pp	11q	-7.4%-$209.4K
BOOKING HOLDINGS INC	BKNG	$2.6M	16,003	0.27%	-0.02pp	11q	-1.9%-$51.2K
BANK OF AMER CORP	BAC	$2.6M	47,733	0.27%	+0.06pp	11q	+28.5%+$576.8K
SERVICENOW INC	NOW	$2.6M	19,131	0.27%	+0.09pp	11q	+7.0%+$168.7K
VANGUARD INTL EQUITY INDEX F	VWO	$2.4M	41,223	0.26%	+0.21pp	11q	+486.7%+$2.0M
CRANE COMPANY	CR	$2.4M	11,920	0.26%	-0.05pp	11q	-11.8%-$326.4K
ALTRIA GROUP INC	MO	$2.4M	35,786	0.25%	-0.04pp	11q	-11.0%-$298.5K
PROGRESSIVE CORP	PGR	$2.4M	11,524	0.25%	flat	11q	HELD
FASTENAL CO	FAST	$2.4M	47,910	0.25%	+0.02pp	11q	HELD
SONY GROUP CORP	SONY	$2.4M	100,000	0.25%	+0.04pp	11q	HELD
THERMO FISHER SCIENTIFIC INC	TMO	$2.3M	3,458	0.25%	+0.07pp	11q	+1.2%+$27.7K
SPOTIFY TECHNOLOGY S A	SPOT	$2.3M	4,760	0.24%	+0.07pp	10q	+28.8%+$518.1K
MICROCHIP TECHNOLOGY INC.	MCHP	$2.3M	29,584	0.24%	-0.06pp	11q	-8.5%-$213.7K
ISHARES TR	IUSB	$2.3M	52,166	0.24%	flat	11q	+1.3%+$29.5K
NETFLIX INC	NFLX	$2.2M	32,316	0.24%	+0.01pp	11q	+1.7%+$37.6K
SEAGATE TECHNOLOGY HLDNGS PL	STX	$2.2M	2,380	0.23%	+0.12pp	2q	+111.7%+$1.2M
J P MORGAN EXCHANGE TRADED F	JMTG	$2.1M	44,080	0.22%	-0.27pp	4q	-53.6%-$2.5M
GATX CORP	GATX	$2.1M	12,500	0.22%	flat	11q	HELD
CVS HEALTH CORP	CVS	$2.1M	24,756	0.22%	-0.05pp	11q	-4.3%-$95.1K
WELLS FARGO & CO	WFC	$2.1M	26,258	0.22%	flat	11q	-1.6%-$33.3K
LUMENTUM HLDGS INC	LITE	$2.1M	2,142	0.22%	+0.01pp	11q	-9.7%-$223.4K
MORGAN STANLEY	MS	$2.1M	11,017	0.22%	-0.07pp	11q	-19.3%-$495.4K
TJX COS INC NEW	TJX	$2.1M	15,637	0.22%	-0.14pp	11q	-33.1%-$1.0M
MERCK & CO INC	MRK	$2.1M	14,210	0.22%	flat	11q	-16.0%-$394.4K
ROSS STORES INC	ROST	$2.0M	8,779	0.22%	-0.02pp	11q	-19.3%-$489.2K
REGENERON PHARMACEUTICALS	REGN	$2.0M	2,687	0.21%	+0.12pp	11q	+90.3%+$966.8K
BOEING CO	BA	$2.0M	10,869	0.21%	-0.02pp	3q	+1.7%+$34.6K
VANGUARD SCOTTSDALE FDS	VMBS	$2.0M	45,094	0.21%	+0.08pp	11q	+58.6%+$739.6K
INTUITIVE SURGICAL INC	ISRG	$2.0M	4,906	0.21%	+0.01pp	11q	-2.4%-$49.6K
LOWES COS INC	LOW	$2.0M	10,691	0.21%	-0.03pp	11q	HELD
ISHARES TR	IEF	$1.9M	21,815	0.20%	-0.01pp	11q	-1.8%-$35.7K
WALMART INC	WMT	$1.9M	18,634	0.20%	-0.11pp	11q	-31.9%-$908.8K
NORTHROP GRUMMAN CORP	NOC	$1.9M	3,966	0.20%	flat	11q	HELD
TEXTRON INC	TXT	$1.9M	24,950	0.20%	-0.03pp	11q	HELD
HOWMET AEROSPACE INC	HWM	$1.9M	8,282	0.20%	+0.06pp	11q	+65.8%+$743.5K
OREILLY AUTOMOTIVE INC	ORLY	$1.9M	21,760	0.20%	-0.02pp	11q	-5.6%-$109.5K
PALANTIR TECHNOLOGIES INC	PLTR	$1.8M	9,793	0.19%	-	new	NEW
INTERCONTINENTAL EXCHANGE IN	ICE	$1.8M	11,989	0.19%	-0.01pp	11q	-26.8%-$668.8K
MASTERCARD INCORPORATED	MA	$1.8M	3,234	0.19%	-0.01pp	11q	-16.1%-$342.5K
CINCINNATI FINL CORP	CINF	$1.7M	10,912	0.18%	-0.02pp	11q	HELD
CHUBB LIMITED	CB	$1.7M	5,231	0.18%	flat	11q	HELD
DELTA AIR LINES INC	DAL	$1.7M	20,189	0.18%	-0.08pp	11q	-24.0%-$531.6K
TESLA INC	TSLA	$1.7M	4,663	0.17%	-0.03pp	11q	-1.9%-$31.6K
BOEING CO	BAPRA	$1.5M	26,185	0.16%	-0.02pp	7q	HELD
RESTAURANT BRANDS INTL INC	QSR	$1.5M	21,222	0.16%	flat	3q	HELD
HEWLETT PACKARD ENTERPRISE C	HPEPRC	$1.5M	9,015	0.15%	+0.05pp	8q	HELD
FLOWSERVE CORP	FLS	$1.5M	20,000	0.15%	flat	11q	HELD
TAKE-TWO INTERACTIVE SOFTWAR	TTWO	$1.4M	6,926	0.15%	-0.02pp	11q	HELD
GENUINE PARTS CO	GPC	$1.4M	11,268	0.15%	+0.01pp	11q	HELD
GALLAGHER ARTHUR J & CO	AJG	$1.4M	6,183	0.15%	+0.09pp	11q	+137.8%+$817.3K
PAYCHEX INC	PAYX	$1.4M	14,078	0.15%	flat	11q	HELD
INTEL CORP	INTC	$1.4M	11,486	0.15%	+0.04pp	4q	+54.7%+$488.0K
LIVE NATION ENTERTAINMENT IN		$1.4M	1,238,000	0.14%	-0.01pp	3q	DEBT
BLOOM ENERGY CORP	BE	$1.3M	4,857	0.14%	+0.04pp	2q	+46.0%+$424.1K
MOTOROLA SOLUTIONS INC	MSI	$1.3M	2,980	0.14%	-0.06pp	11q	-36.5%-$764.4K
CLOUDFLARE INC	NET	$1.3M	3,824	0.14%	+0.05pp	7q	+9.2%+$111.5K
TWILIO INC	TWLO	$1.3M	4,528	0.14%	+0.07pp	6q	+39.8%+$377.0K
VANGUARD TAX-MANAGED FDS	VEA	$1.3M	18,705	0.14%	flat	11q	HELD
WATTS WATER TECHNOLOGIES INC	WTS	$1.3M	3,700	0.14%	-0.01pp	11q	HELD
VANGUARD MUN BD FDS	VTEB	$1.3M	26,930	0.13%	flat	2q	HELD
ISHARES INC	EWJ	$1.2M	12,770	0.13%	+0.01pp	5q	HELD
UNITED RENTALS INC	URI	$1.2M	1,242	0.13%	+0.06pp	11q	+117.5%+$671.5K
SANDISK CORP	SNDK	$1.2M	711	0.13%	-0.01pp	3q	+18.9%+$196.6K
VANGUARD WORLD FD	ESGV	$1.2M	9,114	0.13%	flat	9q	-3.1%-$39.7K
NATIONAL FUEL GAS CO	NFG	$1.2M	16,200	0.13%	flat	11q	HELD
ON SEMICONDUCTOR CORP		$1.2M	1,152,000	0.13%	-0.01pp	3q	DEBT
VIKING HOLDINGS LTD	VIK	$1.2M	15,350	0.13%	flat	10q	+26.1%+$248.7K
SNOWFLAKE INC		$1.2M	556,000	0.13%	+0.02pp	4q	DEBT
RYMAN HOSPITALITY PPTYS INC	RHP	$1.2M	10,000	0.13%	-0.01pp	11q	HELD
SPHERE ENTERTAINMENT CO	SPHR	$1.2M	8,871	0.13%	-0.05pp	11q	-10.1%-$134.4K
PENGUIN SOLUTIONS INC	PENG	$1.2M	21,656	0.12%	-0.02pp	3q	+14.1%+$146.6K
COMFORT SYS USA INC	FIX	$1.2M	714	0.12%	-0.06pp	4q	-22.1%-$335.8K
QUANTA SVCS INC	PWR	$1.2M	1,819	0.12%	-0.03pp	11q	-10.7%-$139.4K
COMCAST CORP NEW	CMCSA	$1.2M	53,060	0.12%	-0.01pp	11q	-0.6%-$7.4K
NATERA INC	NTRA	$1.2M	2,788	0.12%	+0.03pp	10q	-19.7%-$283.1K
MATERION CORP	MTRN	$1.2M	4,273	0.12%	-0.01pp	11q	HELD
CROWDSTRIKE HLDGS INC	CRWD	$1.1M	4,340	0.12%	+0.11pp	11q	+2048.5%+$1.1M
ABBVIE INC	ABBV	$1.1M	4,332	0.12%	-0.03pp	11q	-24.9%-$375.1K
MUELLER INDS INC	MLI	$1.1M	18,600	0.12%	flat	11q	+100.0%+$563.7K
THE CIGNA GROUP	CI	$1.1M	4,119	0.12%	-0.03pp	11q	-21.8%-$312.6K
STANDEX INTL CORP	SXI	$1.1M	4,004	0.11%	-0.03pp	11q	HELD
HUMANA INC	HUM	$1.1M	2,855	0.11%	-0.01pp	10q	-9.0%-$107.6K
ISHARES TR	IJH	$1.1M	15,044	0.11%	+0.01pp	11q	+11.8%+$114.0K
GOLDMAN SACHS GROUP INC	GS	$1.1M	1,198	0.11%	-0.20pp	11q	-61.1%-$1.7M
ARCHER DANIELS MIDLAND CO	ADM	$1.1M	13,485	0.11%	-0.01pp	11q	-11.3%-$136.1K
COCA COLA CO	KO	$1.1M	12,415	0.11%	-0.02pp	11q	-24.2%-$340.3K
CONOCOPHILLIPS	COP	$1.1M	8,515	0.11%	+0.05pp	11q	+45.1%+$331.0K
LIVE NATION ENTERTAINMENT IN	LYV	$1.1M	6,257	0.11%	-0.03pp	11q	-16.9%-$216.0K
OCCIDENTAL PETE CORP	OXY	$1.1M	19,137	0.11%	+0.01pp	11q	-5.6%-$62.2K
LAM RESEARCH CORP	LRCX	$1.0M	3,178	0.11%	-0.21pp	7q	-56.3%-$1.3M
ORACLE CORP	ORCLPRD	$1.0M	23,340	0.11%	flat	2q	HELD
ISHARES TR	EUSB	$1.0M	24,818	0.11%	flat	9q	+5.4%+$52.8K
ATLANTA BRAVES HLDGS INC	BATRA	$1.0M	17,500	0.11%	+0.01pp	11q	HELD
HILTON WORLDWIDE HLDGS INC	HLT	$994.1K	3,125	0.10%	-0.01pp	11q	-7.9%-$84.9K
QNITY ELECTRONICS INC	Q	$980.3K	7,796	0.10%	+0.09pp	3q	+890.6%+$881.3K
ISHARES TR	USXF	$967.2K	14,211	0.10%	flat	9q	-4.6%-$47.1K
SNOWFLAKE INC	SNOW	$964.4K	2,840	0.10%	+0.10pp	7q	+56700.0%+$962.7K
HERC HLDGS INC	HRI	$961.0K	7,700	0.10%	-0.01pp	11q	HELD
GILEAD SCIENCES INC	GILD	$957.6K	6,425	0.10%	-0.02pp	11q	-33.0%-$471.6K
FERRARI N V	RACE	$950.7K	2,420	0.10%	flat	6q	-7.1%-$72.7K
SCHEIN HENRY INC	HSIC	$948.9K	11,300	0.10%	flat	11q	HELD
METLIFE INC	MET	$946.8K	10,055	0.10%	-0.03pp	11q	-30.9%-$423.2K
OCEANEERING INTL INC	OII	$946.6K	21,696	0.10%	+0.01pp	11q	HELD
STMICROELECTRONICS N V	STM	$945.2K	17,714	0.10%	-0.04pp	2q	-5.5%-$54.6K
ISHARES TR	IVE	$939.1K	4,114	0.10%	flat	6q	HELD
CATERPILLAR INC	CAT	$937.3K	1,156	0.10%	-0.29pp	11q	-68.1%-$2.0M
ISHARES TR	SUSB	$931.1K	38,112	0.10%	+0.01pp	9q	+5.2%+$45.7K
ISHARES TR	DGRO	$921.8K	12,227	0.10%	flat	11q	HELD
ZETA GLOBAL HOLDINGS CORP	ZETA	$917.8K	29,071	0.10%	+0.04pp	5q	+0.5%+$5.0K
FREEPORT-MCMORAN INC	FCX	$914.3K	13,062	0.10%	+0.01pp	3q	HELD
AKAMAI TECHNOLOGIES INC		$906.3K	683,000	0.10%	-	new	DEBT
ATI INC	ATI	$903.2K	4,769	0.09%	-0.03pp	11q	-24.4%-$291.5K
WILLIAMS COS INC	WMB	$892.5K	13,131	0.09%	-0.07pp	3q	-38.7%-$562.3K
UL SOLUTIONS INC	ULS	$892.4K	13,600	0.09%	-0.08pp	5q	-16.9%-$181.5K
TELEPHONE & DATA SYS INC	TDS	$888.7K	26,200	0.09%	-0.01pp	11q	HELD
CONCENTRA GROUP HOLDINGS PAR	CON	$888.5K	25,814	0.09%	+0.02pp	5q	HELD
MONOLITHIC PWR SYS INC	MPWR	$887.8K	659	0.09%	flat	11q	-5.3%-$49.8K
ZIMMER BIOMET HOLDINGS INC	ZBH	$881.6K	9,925	0.09%	+0.01pp	11q	HELD
GE HEALTHCARE TECHNOLOGIES I	GEHC	$880.0K	13,462	0.09%	+0.02pp	11q	+28.7%+$196.1K
KNOWLES CORP	KN	$878.7K	23,654	0.09%	-0.01pp	8q	HELD
ATLANTA BRAVES HLDGS INC	BATRK	$876.8K	16,562	0.09%	flat	11q	HELD
XYLEM INC	XYL	$865.9K	8,550	0.09%	-0.01pp	11q	HELD
SUPER MICRO COMPUTER INC	SMCIP	$861.2K	12,530	0.09%	-	new	NEW
DISNEY WALT CO	DIS	$858.5K	8,184	0.09%	+0.01pp	11q	+1.1%+$9.7K
NEWMONT CORP	NEM	$858.1K	7,440	0.09%	+0.01pp	11q	-14.2%-$142.4K
WELLS FARGO & CO	WFCPRL	$844.8K	783	0.09%	flat	11q	HELD
FEDEX CORP	FDX	$841.6K	2,952	0.09%	-0.02pp	11q	-10.5%-$98.4K
ICHOR HOLDINGS	ICHR	$821.9K	13,286	0.09%	-0.04pp	6q	+16.8%+$118.4K
AAR CORP	AIR	$815.8K	8,040	0.09%	-0.05pp	11q	-12.0%-$111.3K
WASTE MGMT INC DEL	WM	$806.9K	3,957	0.08%	flat	11q	HELD
SUNBELT RENTALS HOLDINGS INC	SUNB	$804.9K	10,995	0.08%	flat	2q	HELD
ISHARES TR	EFG	$804.7K	6,715	0.08%	flat	4q	HELD
PNC FINL SVCS GROUP INC	PNC	$802.4K	3,610	0.08%	-0.04pp	11q	-28.3%-$316.9K
NOKIA CORP	NOK	$801.2K	79,014	0.08%	+0.01pp	2q	+45.7%+$251.1K
INTERNATIONAL FLAVORS&FRAGRA	IFF	$796.4K	9,540	0.08%	+0.01pp	11q	-1.1%-$9.2K
INTERACTIVE BROKERS GROUP IN	IBKR	$787.7K	9,222	0.08%	flat	2q	-5.5%-$45.5K
MKS INC.		$783.7K	428,000	0.08%	-0.05pp	5q	DEBT
ALBANY INTL CORP	AIN	$780.1K	13,086	0.08%	flat	11q	+18.4%+$121.2K
NEBIUS GROUP N.V.	NBIS	$779.3K	3,304	0.08%	-	new	NEW
OKTA INC	OKTA	$772.7K	3,695	0.08%	+0.07pp	7q	+329.7%+$592.8K
CYBERARK SOFTWARE LTD		$772.3K	413,000	0.08%	-	new	DEBT
BANK OF AMER CORP	BACPRL	$764.3K	626	0.08%	flat	11q	HELD
FLEX LTD	FLEX	$757.9K	6,891	0.08%	-0.02pp	2q	+18.3%+$117.2K
DARLING INGREDIENTS INC	DAR	$750.3K	12,359	0.08%	+0.01pp	11q	HELD
WEST PHARMACEUTICAL SVSC INC	WST	$748.9K	2,020	0.08%	-	new	NEW
DATADOG INC		$746.3K	519,000	0.08%	+0.04pp	3q	DEBT
NORTHERN TR CORP	NTRS	$745.2K	4,400	0.08%	flat	11q	HELD
VEECO INSTRS INC DEL	VECO	$744.8K	14,350	0.08%	+0.01pp	2q	+71.8%+$311.2K
ARRAY DIGITAL INFRASTRUCTURE	AD	$738.5K	21,900	0.08%	flat	11q	HELD
AXCELIS TECHNOLOGIES INC	ACLS	$730.3K	5,567	0.08%	flat	2q	+47.9%+$236.4K
RIVIAN AUTOMOTIVE INC		$730.0K	726,000	0.08%	flat	7q	DEBT
CURTISS WRIGHT CORP	CW	$723.3K	1,330	0.08%	-0.02pp	11q	+11.8%+$76.1K
PDF SOLUTIONS INC	PDFS	$719.2K	14,089	0.08%	-0.02pp	3q	+11.2%+$72.4K
GOLDMAN SACHS ETF TR	GSEW	$714.8K	7,679	0.08%	+0.01pp	11q	+11.7%+$74.7K
ISHARES TR	MBB	$711.7K	7,941	0.07%	flat	3q	+0.9%+$6.0K
TRANSMEDICS GROUP INC	TMDX	$702.4K	8,417	0.07%	-	new	NEW
SOUTHWEST GAS HLDGS INC	SWX	$701.2K	8,600	0.07%	flat	11q	HELD
NEXTERA ENERGY CAP HLDGS INC		$700.5K	618,000	0.07%	-0.06pp	6q	DEBT
CHARTER COMMUNICATIONS INC	CHTR	$680.4K	6,135	0.07%	-0.01pp	11q	+14.0%+$83.4K
ROBINHOOD MKTS INC	HOOD	$677.9K	6,026	0.07%	-	new	NEW
RUBRIK INC.	RBRK	$676.6K	5,911	0.07%	-	new	NEW
MCDONALDS CORP	MCD	$674.6K	2,921	0.07%	-0.05pp	11q	-34.5%-$355.6K
STRATTEC SEC CORP	STRT	$669.1K	10,300	0.07%	-0.01pp	11q	HELD
PFIZER INC	PFE	$664.3K	23,291	0.07%	+0.01pp	11q	HELD
ROPER TECHNOLOGIES INC	ROP	$663.9K	1,900	0.07%	flat	3q	HELD
GUARDANT HEALTH INC	GH	$661.7K	3,710	0.07%	-	new	NEW
REGAL REXNORD CORPORATION	RRX	$659.2K	4,250	0.07%	-0.02pp	4q	+15.0%+$86.1K
BRUKER CORP	BRKR	$658.9K	10,176	0.07%	-	new	NEW
ARGENX SE	ARGX	$655.9K	684	0.07%	-0.02pp	8q	-28.2%-$257.9K
TEXAS CAP BANCSHARES INC	TCBI	$651.0K	6,999	0.07%	-0.01pp	11q	HELD
BAKER HUGHES COMPANY	BKR	$642.1K	11,695	0.07%	flat	11q	-5.1%-$34.3K
KIRBY CORP	KEX	$641.4K	4,887	0.07%	flat	11q	HELD
SPACE EXPLORATION TECHN CORP	SPCX	$635.9K	4,215	0.07%	-	new	NEW
FORTIVE CORP	FTV	$627.3K	11,445	0.07%	-0.01pp	8q	HELD
REVVITY INC	RVTY	$621.0K	4,062	0.07%	-	new	NEW
CINTAS CORP	CTAS	$618.1K	3,169	0.06%	+0.01pp	8q	-7.9%-$53.3K
XPO INC	XPO	$615.0K	3,495	0.06%	-0.01pp	3q	-5.5%-$36.1K
ANHEUSER BUSCH INBEV SA/NV	BUD	$610.2K	8,305	0.06%	-0.01pp	11q	-6.7%-$43.7K
MICROCHIP TECHNOLOGY INC.	MCHPP	$608.6K	9,140	0.06%	-0.01pp	6q	HELD
INTERFACE INC	TILE	$607.7K	17,666	0.06%	flat	11q	HELD
WEC ENERGY GROUP INC		$605.6K	566,000	0.06%	-0.01pp	5q	DEBT
GSK PLC	GSK	$605.0K	12,560	0.06%	-0.01pp	11q	-9.1%-$60.4K
FISERV INC	FISV	$602.0K	13,325	0.06%	flat	11q	HELD
MACOM TECH SOLUTIONS HLDGS I	MTSI	$600.4K	2,108	0.06%	-0.02pp	2q	-4.0%-$24.8K
NOVANTA INC	NOVT	$598.2K	4,207	0.06%	-0.01pp	4q	HELD
DANAHER CORP DEL	DHR	$598.2K	2,700	0.06%	+0.06pp	2q	+1250.0%+$553.9K
ISHARES TR	AGG	$591.5K	6,257	0.06%	flat	11q	HELD
HONEYWELL INTL INC	HON	$590.6K	2,800	0.06%	-	new	NEW
ISHARES TR	IWD	$587.6K	2,370	0.06%	flat	11q	HELD
EVERSOURCE ENERGY	ES	$586.6K	9,142	0.06%	-0.01pp	11q	HELD
DOORDASH INC		$564.5K	593,000	0.06%	-	new	DEBT
CARRIER GLOBAL CORPORATION	CARR	$562.0K	10,245	0.06%	-0.02pp	11q	-5.5%-$32.9K
BRIGHTSPRING HEALTH SVCS INC	BTSGU	$561.6K	2,980	0.06%	-0.03pp	7q	-24.4%-$180.9K
RUBRIK INC.		$561.4K	471,000	0.06%	-	new	DEBT
AFFIRM HLDGS INC		$561.0K	541,000	0.06%	+0.03pp	3q	DEBT
FUELCELL ENERGY INC	FCEL	$557.7K	33,966	0.06%	-	new	NEW
WESTERN DIGITAL CORP		$550.8K	46,000	0.06%	-0.23pp	7q	DEBT
SBA COMMUNICATIONS CORP	SBAC	$548.4K	3,425	0.06%	flat	11q	+3.0%+$16.0K
ERMENEGILDO ZEGNA N V	ZGN	$541.3K	43,302	0.06%	flat	5q	HELD
MARVELL TECHNOLOGY INC	MRVL	$539.0K	2,040	0.06%	-	new	NEW
BRISTOL-MYERS SQUIBB CO	BMY	$535.6K	8,584	0.06%	-0.01pp	11q	-28.8%-$216.5K
AMERICAN SUPERCONDUCTOR CORP	AMSC	$531.2K	18,248	0.06%	-0.01pp	3q	+12.2%+$57.7K
ISHARES TR	SHYG	$528.8K	12,820	0.06%	flat	11q	+0.8%+$4.5K
COHERENT CORP	COHR	$527.6K	1,833	0.06%	-0.02pp	11q	HELD
UBER TECHNOLOGIES INC		$525.9K	460,000	0.06%	flat	7q	DEBT
CLOUDFLARE INC		$520.0K	330,000	0.05%	-	new	DEBT
ISHARES TR	SLQD	$519.2K	10,494	0.05%	flat	11q	HELD
VANGUARD INDEX FDS	VOO	$516.5K	737	0.05%	flat	11q	HELD
JAZZ INVESTMENTS I LTD		$514.4K	318,000	0.05%	flat	4q	DEBT
CAPITAL ONE FINL CORP	COF	$511.6K	2,650	0.05%	flat	11q	HELD
ISHARES TR	DMXF	$510.6K	6,032	0.05%	flat	9q	+3.1%+$15.2K
PROCTER & GAMBLE CO	PG	$503.2K	3,464	0.05%	-0.03pp	11q	-39.2%-$324.1K
AFFIRM HLDGS INC	AFRM	$501.3K	7,241	0.05%	-0.01pp	5q	-7.5%-$40.8K
FORTINET INC	FTNT	$500.5K	2,800	0.05%	+0.01pp	11q	HELD
VANGUARD INTL EQUITY INDEX F	VEU	$493.3K	5,946	0.05%	+0.01pp	11q	+12.4%+$54.4K
CARVANA CO	CVNA	$488.2K	7,807	0.05%	flat	8q	-5.5%-$28.6K
DNOW INC	DNOW	$487.1K	31,423	0.05%	+0.01pp	11q	HELD
ALBEMARLE CORP	ALBPRA	$484.9K	10,625	0.05%	-0.01pp	11q	HELD
BORGWARNER INC	BWA	$480.9K	8,000	0.05%	flat	11q	HELD
BRIDGEBIO PHARMA INC	BBIO	$478.6K	7,274	0.05%	-0.01pp	4q	-6.3%-$32.4K
MONDELEZ INTL INC	MDLZ	$474.6K	8,209	0.05%	-0.03pp	11q	-38.2%-$293.7K
FOX CORP	FOX	$474.3K	8,425	0.05%	+0.01pp	11q	HELD
NCL CORP LTD		$472.8K	520,000	0.05%	-	new	DEBT
BROOKFIELD CORP	BN	$472.2K	12,950	0.05%	flat	4q	+9.7%+$41.9K
LIVE OAK BANCSHARES INC	LOB	$471.5K	13,028	0.05%	flat	11q	HELD
AVANTOR INC	AVTR	$471.1K	31,300	0.05%	+0.02pp	11q	HELD
ANTERIX INC	ATEX	$471.0K	6,000	0.05%	-0.01pp	7q	HELD
CIENA CORP	CIEN	$465.1K	1,322	0.05%	-0.02pp	11q	HELD
VERIZON COMMUNICATIONS INC	VZ	$463.5K	10,105	0.05%	-0.02pp	11q	-39.8%-$306.2K
SOLARIS ENERGY INFRAS INC		$455.6K	308,000	0.05%	-0.02pp	3q	DEBT
REVOLUTION MEDICINES INC		$454.5K	354,000	0.05%	-	new	DEBT
MACOM TECH SOLUTIONS HLDGS I		$452.1K	253,000	0.05%	-0.01pp	2q	DEBT
FIDELITY NATL INFORMATION SV	FIS	$450.7K	13,700	0.05%	-0.01pp	11q	-2.4%-$11.0K
KKR & CO INC	KKRPRD	$450.7K	10,705	0.05%	flat	6q	HELD
CHAMPION HOMES INC	SKY	$446.8K	5,213	0.05%	flat	11q	+2.0%+$8.6K
CNH INDL N V	CNH	$443.3K	34,500	0.05%	+0.01pp	11q	HELD
BRUKER CORP	BRKRP	$440.5K	935	0.05%	-	new	NEW
GARRETT MOTION INC	GTX	$438.2K	16,835	0.05%	-0.02pp	11q	HELD
AON PLC	AON	$435.9K	1,575	0.05%	-0.01pp	5q	+3.3%+$13.8K
HONEYWELL AEROSPACE INC	HONA	$433.9K	2,800	0.05%	-	new	NEW
FLUOR CORP		$432.6K	351,000	0.05%	flat	6q	DEBT
WILLIS TOWERS WATSON PLC LTD	WTW	$425.1K	1,475	0.04%	+0.01pp	6q	HELD
GRIFFON CORP	GFF	$418.7K	4,500	0.04%	flat	11q	HELD
TRANSUNION	TRU	$418.7K	6,850	0.04%	flat	4q	+15.1%+$55.0K
CELCUITY INC		$415.4K	431,000	0.04%	-	new	DEBT
FIRSTENERGY CORP		$410.9K	398,000	0.04%	-	new	DEBT
T-MOBILE US INC	TMUS	$409.3K	2,510	0.04%	flat	11q	HELD
SITIME CORP		$407.4K	406,000	0.04%	-	new	DEBT
GIBRALTAR INDS INC	ROCK	$405.4K	10,237	0.04%	flat	11q	HELD
ELANCO ANIMAL HEALTH INC	ELAN	$405.3K	18,100	0.04%	-0.08pp	11q	-62.1%-$665.2K
EXLSERVICE HLDGS INC	EXLS	$404.4K	11,763	0.04%	+0.01pp	11q	+7.4%+$27.8K
LIBERTY MEDIA CORP DEL		$396.7K	339,000	0.04%	flat	11q	DEBT
SENSIENT TECHNOLOGIES CORP	SXT	$392.2K	3,000	0.04%	flat	11q	HELD
HP INC	HPQ	$387.9K	12,400	0.04%	+0.01pp	11q	HELD
GRANITE CONSTR INC		$385.4K	245,000	0.04%	-0.02pp	5q	DEBT
HALEON PLC	HLN	$382.1K	42,460	0.04%	flat	11q	-1.1%-$4.3K
LPL FINL HLDGS INC	LPLA	$376.1K	1,230	0.04%	flat	11q	HELD
STRATEGY INC		$374.1K	313,000	0.04%	-	new	DEBT
MUELLER WTR PRODS INC	MWA	$371.7K	17,500	0.04%	-0.01pp	11q	HELD
QXO INC	QXOPRB	$370.0K	9,145	0.04%	-0.01pp	5q	HELD
BAXTER INTL INC	BAX	$369.6K	15,400	0.04%	+0.01pp	11q	HELD
INCYTE CORP	INCY	$368.3K	3,035	0.04%	flat	11q	-8.7%-$35.2K
KNIFE RIVER CORP	KNF	$366.9K	7,276	0.04%	-0.02pp	4q	HELD
ATLAS ENERGY SOLUTIONS INC	AESI	$366.0K	30,472	0.04%	flat	11q	+19.9%+$60.9K
GENERAL MILLS INC	GIS	$362.8K	11,280	0.04%	flat	11q	HELD
VISHAY PRECISION GROUP INC	VPG	$359.0K	4,936	0.04%	-0.03pp	4q	+13.8%+$43.6K
BRIDGEBIO PHARMA INC		$355.4K	236,000	0.04%	flat	2q	DEBT
ALLIANT ENERGY CORP		$351.8K	353,000	0.04%	-	new	DEBT
ARROWHEAD PHARMACEUTICALS IN		$349.5K	342,000	0.04%	flat	2q	DEBT
TRANSCAT INC	TRNS	$337.5K	3,817	0.04%	flat	3q	HELD
AUTOMATIC DATA PROCESSING IN	ADP	$335.7K	1,301	0.04%	flat	11q	-4.8%-$17.0K
NUTANIX INC		$332.7K	306,000	0.03%	-	new	DEBT
PALO ALTO NETWORKS INC	PANW	$329.8K	830	0.03%	+0.01pp	11q	-1.0%-$3.2K
TRAVERE THERAPEUTICS INC		$327.1K	281,000	0.03%	-	new	DEBT
SYNAPTICS INC		$326.1K	260,000	0.03%	flat	3q	DEBT
STRATEGY INC		$323.9K	299,000	0.03%	-	new	DEBT
CLEANSPARK INC		$323.9K	267,000	0.03%	-0.01pp	2q	DEBT
REALLOYS INC	ALOY	$323.7K	39,626	0.03%	-	new	NEW
OPTION CARE HEALTH INC	OPCH	$323.2K	14,369	0.03%	flat	10q	+3.9%+$12.1K
BIOMARIN PHARMACEUTICAL INC	BMRN	$321.0K	5,350	0.03%	flat	11q	HELD
TRAVELERS COMPANIES INC	TRV	$320.5K	899	0.03%	-0.03pp	11q	-54.7%-$387.2K
SOUTHERN CO	SOMN	$320.3K	7,160	0.03%	flat	3q	HELD
HEWLETT PACKARD ENTERPRISE C	HPE	$319.4K	5,000	0.03%	+0.01pp	11q	HELD
CCC INTELLIGENT SOLUTIONS HL	CCC	$318.3K	47,800	0.03%	+0.01pp	11q	+5.1%+$15.5K
MADISON SQUARE GARDEN ENTMT	MSGE	$316.1K	3,946	0.03%	flat	11q	HELD
FOX CORP	FOXA	$311.1K	4,965	0.03%	+0.01pp	11q	+2.2%+$6.6K
HAEMONETICS CORP MASS	HAE	$308.1K	2,926	0.03%	-0.01pp	11q	-45.9%-$261.1K
NEXTERA ENERGY INC	NEEPRV	$302.6K	7,020	0.03%	flat	2q	HELD
MARA HOLDINGS INC		$301.2K	300,000	0.03%	-0.03pp	3q	DEBT
GLOBALSTAR INC	GSAT	$298.4K	3,600	0.03%	flat	3q	HELD
ENERPAC TOOL GROUP CORP	EPAC	$296.5K	8,497	0.03%	flat	11q	HELD
NWPX INFRASTRUCTURE INC	NWPX	$288.2K	2,797	0.03%	+0.01pp	2q	+168.9%+$181.0K
KULICKE & SOFFA INDS INC	KLIC	$283.6K	3,009	0.03%	flat	5q	+39.4%+$80.1K
CAESARS ENTERTAINMENT INC NE	CZR	$281.7K	9,500	0.03%	-0.01pp	11q	-17.4%-$59.3K
ONTO INNOVATION INC	ONTO	$280.1K	910	0.03%	flat	11q	+8.3%+$21.5K
TELEDYNE TECHNOLOGIES INC	TDY	$279.1K	460	0.03%	-0.09pp	7q	-74.2%-$802.2K
XPLR INFRASTRUCTURE LP	XIFR	$277.5K	26,500	0.03%	flat	11q	HELD
ENPRO INC	NPO	$275.6K	900	0.03%	-0.01pp	11q	HELD
PPL CAP FDG INC		$275.4K	262,000	0.03%	flat	9q	DEBT
AT&T INC	T	$273.5K	11,208	0.03%	+0.01pp	11q	+25.7%+$55.9K
TIDEWATER INC NEW	TDW	$273.0K	3,366	0.03%	flat	4q	-26.8%-$99.8K
MAGNOLIA OIL & GAS CORP	MGY	$268.5K	11,430	0.03%	+0.01pp	2q	+96.4%+$131.8K
PROGYNY INC	PGNY	$267.9K	10,634	0.03%	-0.02pp	11q	-35.9%-$149.9K
TAPESTRY INC	TPR	$266.1K	2,313	0.03%	-0.01pp	11q	HELD
QUALYS INC	QLYS	$265.8K	1,420	0.03%	-0.01pp	11q	-40.9%-$183.8K
VALERO ENERGY CORP	VLO	$264.4K	682	0.03%	-0.02pp	11q	-63.8%-$466.3K
IRHYTHM HOLDINGS INC		$263.7K	249,000	0.03%	flat	6q	DEBT
TWIN DISC INC	TWIN	$262.0K	10,000	0.03%	flat	11q	HELD
VSE CORP	VSECU	$261.9K	5,935	0.03%	-0.01pp	2q	HELD
GENTHERM INC	THRM	$260.2K	7,815	0.03%	flat	11q	HELD
HILLMAN SOLUTIONS CORP	HLMN	$259.9K	37,179	0.03%	flat	6q	+8.9%+$21.2K
FIRST CTZNS BANCSHARES INC D	FCNCA	$257.5K	125	0.03%	flat	4q	HELD
DUCOMMUN INC DEL	DCO	$257.3K	1,500	0.03%	flat	8q	HELD
ETSY INC		$255.3K	231,000	0.03%	-	new	DEBT

Showing the largest 400 of 849 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	$94.3M	9.9%
Software & IT Services	$70.2M	7.4%
Computer Hardware	$43.4M	4.6%
Funds & ETFs	$41.9M	4.4%
Industrials	$39.8M	4.2%
Retail & Consumer	$38.7M	4.1%
Biotech & Pharma	$28.2M	3.0%
Banks & Lending	$26.2M	2.7%
Insurance	$22.4M	2.3%
Telecom & Media	$20.4M	2.1%
Business Services	$18.5M	1.9%
Capital Markets	$18.1M	1.9%
Other sectors	$126.5M	13.3%
Not classified	$363.4M	38.2%

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
Q2 2026	+14.2%	+14.8%	-0.6%	97%
Q1 2026	-2.5%	-4.6%	+2.1%	97%
Q4 2025	+1.2%	+2.4%	-1.2%	97%
Q3 2025	+6.2%	+7.8%	-1.6%	97%
Q2 2025	+9.8%	+10.5%	-0.7%	96%
Q1 2025	-3.0%	-4.6%	+1.6%	96%
Q4 2024	+0.5%	+2.1%	-1.6%	96%
Q3 2024	+5.9%	+5.4%	+0.5%	96%

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	$952.0M	849	61	157	204	101	29.7%	6
Q2 2026	$984.1M	889	87	208	147	52	27.0%	7
Q1 2026	$783.6M	854	89	172	187	72	24.8%	8
Q4 2025	$815.5M	837	74	164	255	67	26.2%	7
Q3 2025	$826.7M	830	35	153	227	43	25.4%	2
Q2 2025	$784.6M	838	52	190	242	60	24.8%	2
Q1 2025	$722.8M	846	60	197	245	98	24.2%	3
Q4 2024	$763.8M	884	81	168	247	58	28.3%	3
Q3 2024	$793.1M	861	33	146	220	124	26.0%	2
Q2 2024	$838.7M	952	56	186	265	51	25.9%	30
Q1 2024	$805.7M	947	0	0	0	0	22.7%	32

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.