Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| VANGUARD TAX-MANAGED FDS | 0 | 4,714,850 | +4,714,850 | 0 | 294,537 | 5.04% | +294,537 |
| ALPHABET INC(GOOG) | 998,000 | 1,309,000 | +311,000 | 242,614 | 409,717 | 7.01% | +167,103 |
| MICRON TECHNOLOGY INC(MU) | 341,000 | 690,000 | +349,000 | 57,056 | 196,933 | 3.37% | +139,877 |
| MARVELL TECHNOLOGY INC(MRVL) | 0 | 1,495,000 | +1,495,000 | 0 | 127,045 | 2.17% | +127,045 |
| WALMART INC(WMT) | 649,100 | 1,661,000 | +1,011,900 | 66,896 | 185,052 | 3.16% | +118,156 |
| VANECK ETF TRUST JUNIOR GOLD MINE | 860,000 | 1,640,000 | +780,000 | 85,166 | 186,599 | 3.19% | +101,433 |
| META PLATFORMS INC(META) | 231,000 | 410,000 | +179,000 | 169,642 | 270,637 | 4.63% | +100,995 |
| LAM RESEARCH CORP(LRCX) | 390,400 | 820,000 | +429,600 | 52,275 | 140,368 | 2.40% | +88,093 |
| VANGUARD INTL EQUITY INDEX FUND | 0 | 527,500 | +527,500 | 0 | 74,409 | 1.27% | +74,409 |
| TERNS PHARMACEUTICALS INC | 0 | 1,704,800 | +1,704,800 | 0 | 68,874 | 1.18% | +68,874 |
| ISHARES TR | 940,000 | 2,785,000 | +1,845,000 | 38,672 | 106,638 | 1.82% | +67,966 |
| VANGUARD SCOTTSDALE FDS INT-TERM CORP | 0 | 782,100 | +782,100 | 0 | 65,501 | 1.12% | +65,501 |
| SOUTHWEST AIRLS CO(LUV) | 1,600,000 | 2,800,000 | +1,200,000 | 51,056 | 115,724 | 1.98% | +64,668 |
| SANDISK CORP(SNDK) | 0 | 271,400 | +271,400 | 0 | 64,425 | 1.10% | +64,425 |
| VANGUARD BD INDEX FDS | 0 | 800,000 | +800,000 | 0 | 63,048 | 1.08% | +63,048 |
| GILEAD SCIENCES INC(GILD) | 590,000 | 1,013,000 | +423,000 | 65,490 | 124,336 | 2.13% | +58,846 |
| INSMED INC(INSM) | 200,000 | 500,000 | +300,000 | 28,802 | 87,020 | 1.49% | +58,218 |
| CELCUITY INC(CELC) | 0 | 520,200 | +520,200 | 0 | 51,885 | 0.89% | +51,885 |
| TJX COS INC NEW(TJX) | 130,000 | 440,000 | +310,000 | 18,790 | 67,588 | 1.16% | +48,798 |
| TTM TECHNOLOGIES INC(TTMI) | 0 | 558,900 | +558,900 | 0 | 38,564 | 0.66% | +38,564 |
| ARISTA NETWORKS INC(ANET) | 112,600 | 419,000 | +306,400 | 16,407 | 54,902 | 0.94% | +38,495 |
| T-MOBILE US INC(TMUS) | 0 | 189,000 | +189,000 | 0 | 38,375 | 0.66% | +38,375 |
| KENVUE INC(KVUE) | 0 | 1,990,000 | +1,990,000 | 0 | 34,328 | 0.59% | +34,328 |
| NETFLIX INC(NFLX) | 0 | 350,000 | +350,000 | 0 | 32,816 | 0.56% | +32,816 |
| STRIDE INC(LRN) | 0 | 488,000 | +488,000 | 0 | 31,686 | 0.54% | +31,686 |
| MCDONALDS CORP(MCD) | 133,000 | 230,000 | +97,000 | 40,417 | 70,295 | 1.20% | +29,878 |
| ISHARES BITCOIN TRUST ETF(IBIT) | 600,000 | 1,384,800 | +784,800 | 39,000 | 68,755 | 1.18% | +29,755 |
| SERVICENOW INC(NOW) | 23,000 | 330,000 | +307,000 | 21,166 | 50,553 | 0.86% | +29,386 |
| ISHARES TR | 0 | 300,000 | +300,000 | 0 | 28,809 | 0.49% | +28,809 |
| KRANESHARES TRUST | 0 | 800,000 | +800,000 | 0 | 27,240 | 0.47% | +27,240 |
| AVIDITY BIOSCIENCES INC | 0 | 360,200 | +360,200 | 0 | 25,981 | 0.44% | +25,981 |
| WORLD GOLD TR(GLDM) | 0 | 276,600 | +276,600 | 0 | 23,613 | 0.40% | +23,613 |
| REGENERON PHARMACEUTICALS(REGN) | 0 | 30,000 | +30,000 | 0 | 23,156 | 0.40% | +23,156 |
| PEPSICO INC(PEP) | 120,000 | 270,000 | +150,000 | 16,853 | 38,750 | 0.66% | +21,898 |
| VANGUARD INTL EQUITY INDEX FUND | 0 | 390,000 | +390,000 | 0 | 20,966 | 0.36% | +20,966 |
| COSTCO WHSL CORP NEW(COST) | 53,300 | 81,000 | +27,700 | 49,336 | 69,850 | 1.19% | +20,513 |
| KLAVIYO INC(KVYO) | 0 | 600,000 | +600,000 | 0 | 19,482 | 0.33% | +19,482 |
| HYATT HOTELS CORP(H) | 0 | 120,000 | +120,000 | 0 | 19,238 | 0.33% | +19,238 |
| COMPASS INC(COMP) | 0 | 1,724,700 | +1,724,700 | 0 | 18,230 | 0.31% | +18,230 |
| ARCUTIS BIOTHERAPEUTICS INC(ARQT) | 0 | 615,000 | +615,000 | 0 | 17,860 | 0.31% | +17,860 |
| PACKAGING CORP AMER(PKG) | 55,000 | 143,000 | +88,000 | 11,986 | 29,491 | 0.50% | +17,505 |
| TUTOR PERINI CORP(TPC) | 0 | 225,000 | +225,000 | 0 | 15,080 | 0.26% | +15,080 |
| AVALONBAY CMNTYS INC | 0 | 80,000 | +80,000 | 0 | 14,505 | 0.25% | +14,505 |
| ACM RESH INC(ACMR) | 0 | 350,800 | +350,800 | 0 | 13,839 | 0.24% | +13,839 |
| GRANITE CONSTR INC(GVA) | 0 | 118,000 | +118,000 | 0 | 13,611 | 0.23% | +13,611 |
| UNION PAC CORP(UNP) | 100,000 | 161,000 | +61,000 | 23,637 | 37,243 | 0.64% | +13,606 |
| ISHARES TR | 0 | 109,600 | +109,600 | 0 | 12,077 | 0.21% | +12,077 |
| GE AEROSPACE(GE) | 73,800 | 110,000 | +36,200 | 22,201 | 33,883 | 0.58% | +11,683 |
| REV GROUP INC | 0 | 181,000 | +181,000 | 0 | 11,007 | 0.19% | +11,007 |
| XCEL ENERGY INC(XEL) | 0 | 144,000 | +144,000 | 0 | 10,636 | 0.18% | +10,636 |
| SIX FLAGS ENTERTAINMENT CORP(FUN) | 755,500 | 1,755,500 | +1,000,000 | 17,165 | 26,929 | 0.46% | +9,764 |
| SPDR SERIES TRUST ST TERM HIGH ETF | 0 | 345,100 | +345,100 | 0 | 8,738 | 0.15% | +8,738 |
| BEACON FINANCIAL CORP | 0 | 329,500 | +329,500 | 0 | 8,689 | 0.15% | +8,689 |
| SPHERE ENTERTAINMENT CO(SPHR) | 250,000 | 250,000 | 0 | 15,530 | 23,770 | 0.41% | +8,240 |
| DELEK US HOLDINGS INC NEW(DK) | 0 | 255,000 | +255,000 | 0 | 7,563 | 0.13% | +7,563 |
| AMERIS BANCORP(ABCB) | 0 | 75,000 | +75,000 | 0 | 5,570 | 0.10% | +5,570 |
| BOX INC(BOX) | 300,000 | 456,000 | +156,000 | 9,681 | 13,639 | 0.23% | +3,958 |
| ISHARES GOLD TR(IAU) | 0 | 44,100 | +44,100 | 0 | 3,580 | 0.06% | +3,580 |
| H WORLD GROUP LTD(HTHT) | 428,800 | 428,800 | 0 | 16,770 | 20,175 | 0.35% | +3,405 |
| CEMEX SAB DE CV(CX) | 1,189,900 | 1,189,900 | 0 | 10,697 | 13,672 | 0.23% | +2,975 |
| NEKTAR THERAPEUTICS(NKTR) | 0 | 61,500 | +61,500 | 0 | 2,600 | 0.04% | +2,600 |
| KLA CORP(KLAC) | 14,000 | 14,000 | 0 | 15,100 | 17,011 | 0.29% | +1,911 |
| SOLSTICE ADVANCED MATLS INC(SOLS) | 0 | 36,425 | +36,425 | 0 | 1,770 | 0.03% | +1,770 |
| PROLOGIS INC(PLD) | 100,000 | 100,000 | 0 | 11,452 | 12,766 | 0.22% | +1,314 |
| MOOG INC(MOG-A) | 33,500 | 33,500 | 0 | 6,957 | 8,159 | 0.14% | +1,202 |
| INDIVIOR PLC | 60,000 | 60,000 | 0 | 1,447 | 2,153 | 0.04% | +706 |
| HAMILTON INSURANCE GROUP LTD(HG) | 120,100 | 120,100 | 0 | 2,978 | 3,351 | 0.06% | +372 |
| FORD MTR CO(F) | 0 | 1 | +1 | 0 | 0 | 0.00% | 0 |
| EXPONENT INC(EXPO) | 95,300 | 95,300 | 0 | 6,621 | 6,620 | 0.11% | -2 |
| CNO FINL GROUP INC | 59,300 | 53,800 | -5,500 | 2,345 | 2,285 | 0.04% | -60 |
| ACADIAN ASSET MANAGEMENT INC(AAMI) | 60,000 | 60,000 | 0 | 2,890 | 2,820 | 0.05% | -70 |
| ICICI BANK LIMITED(IBN) | 180,300 | 180,300 | 0 | 5,450 | 5,373 | 0.09% | -78 |
| COLGATE PALMOLIVE CO(CL) | 152,000 | 152,000 | 0 | 12,151 | 12,011 | 0.21% | -140 |
| BROADCOM INC(AVGO) | 844,000 | 804,000 | -40,000 | 278,444 | 278,264 | 4.76% | -180 |
| TAL EDUCATION GROUP(TAL) | 700,000 | 700,000 | 0 | 7,840 | 7,637 | 0.13% | -203 |
| ISHARES TR | 110,000 | 110,000 | 0 | 9,831 | 9,588 | 0.16% | -243 |
| DOMINOS PIZZA INC(DPZ) | 19,000 | 19,000 | 0 | 8,202 | 7,920 | 0.14% | -283 |
| VIRTUS INVT PARTNERS INC(VRTS) | 11,400 | 11,400 | 0 | 2,166 | 1,860 | 0.03% | -306 |
| PIMCO ETF TR 25YR+ ZERO U S | 62,700 | 55,400 | -7,300 | 4,261 | 3,559 | 0.06% | -702 |
| AUTODESK INC | 38,000 | 38,000 | 0 | 12,071 | 11,248 | 0.19% | -823 |
| AUTOMATIC DATA PROCESSING INC | 32,000 | 32,000 | 0 | 9,392 | 8,231 | 0.14% | -1,161 |
| PDD HOLDINGS INC(PDD) | 83,100 | 83,100 | 0 | 10,983 | 9,423 | 0.16% | -1,561 |
| KANZHUN LIMITED(BZ) | 600,000 | 600,000 | 0 | 14,016 | 12,228 | 0.21% | -1,788 |
| CHENIERE ENERGY INC(LNG) | 47,000 | 47,000 | 0 | 11,044 | 9,136 | 0.16% | -1,908 |
| CATERPILLAR ORD(CAT) | 4,000 | 0 | -4,000 | 1,909 | 0 | — | -1,909 |
| HOME BANCSHARES ORD(HOMB) | 81,800 | 0 | -81,800 | 2,315 | 0 | — | -2,315 |
| QFIN HOLDINGS INC(QFIN) | 250,000 | 250,000 | 0 | 7,195 | 4,818 | 0.08% | -2,377 |
| JOYY ADR(JOYY) | 45,500 | 0 | -45,500 | 2,667 | 0 | — | -2,667 |
| SEA LTD(SE) | 67,500 | 67,500 | 0 | 12,064 | 8,611 | 0.15% | -3,453 |
| SIRIUSPOINT ORD(SPNT) | 199,200 | 0 | -199,200 | 3,604 | 0 | — | -3,604 |
| BOOKING HOLDINGS INC(BKNG) | 12,600 | 12,000 | -600 | 68,031 | 64,264 | 1.10% | -3,767 |
| WORKDAY INC(WDAY) | 150,000 | 150,000 | 0 | 36,110 | 32,217 | 0.55% | -3,892 |
| VANGUARD TOTAL BOND MARKET ETF | 54,400 | 0 | -54,400 | 4,046 | 0 | — | -4,046 |
| S&P GLOBAL ORD(SPGI) | 8,400 | 0 | -8,400 | 4,088 | 0 | — | -4,088 |
| TRAVELERS COMPANIES ORD(TRV) | 15,000 | 0 | -15,000 | 4,188 | 0 | — | -4,188 |
| ABBOTT LABORATORIES ORD | 31,900 | 0 | -31,900 | 4,273 | 0 | — | -4,273 |
| TECK RESOURCES CL B ORD(TECK) | 100,000 | 0 | -100,000 | 4,388 | 0 | — | -4,388 |
| TEXAS INSTRS INC(TXN) | 89,000 | 60,000 | -29,000 | 16,352 | 10,409 | 0.18% | -5,943 |
| LANTHEUS HOLDINGS ORD(LNTH) | 119,600 | 0 | -119,600 | 6,134 | 0 | — | -6,134 |
| HYDRO ONE ORD(HRNNF) | 175,000 | 0 | -175,000 | 6,244 | 0 | — | -6,244 |