Quarterly 13F snapshot: US-listed longs only, no performance figures — 13F data cannot support them.
Reported portfolio value by quarter (44 quarters reported)
$155M in Q2 2013 → $126M now. Hover for any quarter.
As reported for the quarter ended September 30, 2026. Activity is the change in share count since the prior quarter's filing.
| Holding | % of portfolio | Activity | Shares | Value |
|---|---|---|---|---|
| VI Vanguard Index Fds | 60.8% | Trimmed 11% | 109,270 | $76.6M |
| IT Ishares Tr | 4.9% | Trimmed 34% | 54,525 | $6.19M |
| IT Ishares Tr | 4.8% | Trimmed 36% | 67,308 | $6.01M |
| AF Ameriserv Finl Inc | 3.3% | Added 0.0% | 889,755 | $4.1M |
| EL Eli Lilly & Co | 2.5% | Trimmed 3.1% | 2,675 | $3.1M |
| Apple Inc | 2.3% | Trimmed 0.9% | 8,732 | $2.91M |
| VS Vanguard Scottsdale Fds | 2.1% | Trimmed 30% | 45,764 | $2.63M |
| Nvidia Corporation | 1.7% | Trimmed 11% | 9,120 | $2.08M |
| IT Ishares Tr | 1.6% | Trimmed 35% | 39,613 | $2.03M |
| IT Ishares Tr | 1.1% | Trimmed 11% | 4,804 | $1.33M |
| IQ Invesco Qqq Tr | 1.1% | Trimmed 23% | 1,793 | $1.33M |
| VS Vanguard Scottsdale Fds | 0.8% | Trimmed 47% | 19,432 | $974K |
| Microsoft Corp | 0.7% | Trimmed 8.0% | 1,738 | $891K |
| IT Ishares Tr | 0.7% | Unchanged | 1,154 | $884K |
| SS Select Sector SPDR Tr | 0.6% | Trimmed 30% | 4,177 | $818K |
| SS State Str SPDR S&P 500 ETF T | 0.6% | Trimmed 4.6% | 1,032 | $787K |
| SS Select Sector SPDR Tr | 0.6% | Trimmed 23% | 16,012 | $780K |
| IG Im Global Partner Funds | 0.6% | Trimmed 11% | 22,877 | $744K |
| SG SPDR Gold Tr | 0.5% | Trimmed 12% | 1,717 | $654K |
| Intel Corp | 0.5% | Trimmed 23% | 5,193 | $624K |
| US United Sts Nat Gas Fd LP | 0.5% | Unchanged | 60,000 | $622K |
| SS Select Sector SPDR Tr | 0.5% | Trimmed 25% | 14,718 | $580K |
| VA Vanguard Admiral Fds Inc | 0.4% | Trimmed 24% | 6,222 | $532K |
| IT Ishares Tr | 0.4% | Trimmed 37% | 10,118 | $509K |
| SS Select Sector SPDR Tr | 0.4% | Trimmed 25% | 2,781 | $464K |
| Visa Inc | 0.4% | Trimmed 28% | 1,251 | $450K |
| Amazon Com Inc | 0.4% | Trimmed 28% | 1,803 | $449K |
| Costco Wholesale Corporation | 0.3% | Trimmed 28% | 480 | $437K |
| Altria Group Inc | 0.3% | Trimmed 17% | 6,390 | $430K |
| IT Ishares Tr | 0.3% | Trimmed 33% | 3,925 | $419K |
| Walmart Inc | 0.3% | Trimmed 21% | 3,605 | $375K |
| PF Pnc Finl Svcs Group Inc | 0.3% | Trimmed 28% | 1,681 | $374K |
| NM Nuveen Mun High Income Oppor | 0.3% | Unchanged | 39,137 | $351K |
| Alphabet Inc | 0.3% | Trimmed 24% | 994 | $339K |
| FN F N B Corp | 0.3% | Trimmed 8.0% | 19,438 | $335K |
| Nucor Corp | 0.2% | Trimmed 15% | 1,337 | $313K |
| SS Select Sector SPDR Tr | 0.2% | Trimmed 28% | 2,725 | $302K |
| Exelon Corp | 0.2% | Trimmed 18% | 7,415 | $300K |
| SS Select Sector SPDR Tr | 0.2% | Trimmed 26% | 4,862 | $299K |
| Alphabet Inc | 0.2% | Trimmed 42% | 842 | $290K |
| Exxonmobil Holdings Corp | 0.2% | New | 1,768 | $288K |
| Boeing Co | 0.2% | Trimmed 32% | 1,545 | $287K |
| PM Philip Morris Intl Inc | 0.2% | Unchanged | 1,428 | $272K |
| BO Bank Of Amer Corp | 0.2% | Trimmed 7.6% | 4,414 | $240K |
| Palantir Technologies Inc | 0.2% | New | 1,240 | $232K |
| Jpmorgan Chase & Co | 0.2% | Trimmed 46% | 678 | $224K |
| IT Ishares Tr | 0.2% | Trimmed 4.1% | 3,262 | $210K |
| BM Blackrock Muniyild Qult Fd I | 0.2% | Unchanged | 20,591 | $204K |
| SS Select Sector SPDR Tr | 0.2% | Trimmed 27% | 1,190 | $200K |
| NQ Nuveen Quality Muncp Income | 0.1% | Unchanged | 15,504 | $157K |
What changed each quarter, from the filings' own share counts. Largest moves first; most recent 8 quarters.
quarter ended September 30, 2026 · filed October 21, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| VI Vanguard Index Fds | Trimmed | −13,770 | −$9.65M | 60.8% |
| IT Ishares Tr | Trimmed | −37,772 | −$3.37M | 4.8% |
| IT Ishares Tr | Trimmed | −27,649 | −$3.14M | 4.9% |
| VS Vanguard Scottsdale Fds | Trimmed | −19,421 | −$1.12M | 2.1% |
| IT Ishares Tr | Trimmed | −21,386 | −$1.1M | 1.6% |
| VS Vanguard Scottsdale Fds | Trimmed | −17,071 | −$856K | 0.8% |
| IT Ishares Tr | Exited | −8,082 | −$646K | — |
| IQ Invesco Qqq Tr | Trimmed | −522 | −$386K | 1.1% |
| SS Select Sector SPDR Tr | Trimmed | −1,808 | −$354K | 0.6% |
| IT Ishares Tr | Trimmed | −5,824 | −$293K | 0.4% |
Showing the 10 largest of 50 changes.
quarter ended June 30, 2026 · filed August 03, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| IT Ishares Tr | Trimmed | −48,771 | −$4.61M | 6.6% |
| IT Ishares Tr | Trimmed | −38,284 | −$4.5M | 6.4% |
| VS Vanguard Scottsdale Fds | Trimmed | −34,493 | −$2.01M | 2.5% |
| IT Ishares Tr | Trimmed | −33,403 | −$1.75M | 2.1% |
| VI Vanguard Index Fds | Trimmed | −2,500 | −$1.72M | 56.2% |
| VS Vanguard Scottsdale Fds | Trimmed | −23,282 | −$1.28M | 1.3% |
| IT Ishares Tr | Trimmed | −11,652 | −$620K | 0.6% |
| VA Vanguard Admiral Fds Inc | Added | +6,514 | +$538K | 0.4% |
| SS Select Sector SPDR Tr | Trimmed | −2,815 | −$536K | 0.8% |
| Walmart Inc | Trimmed | −4,000 | −$453K | 0.3% |
Showing the 10 largest of 54 changes.
quarter ended March 31, 2026 · filed May 13, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| VI Vanguard Index Fds | Trimmed | −3,722 | −$2.22M | 47.9% |
| IT Ishares Tr | Trimmed | −12,578 | −$1.2M | 9.4% |
| IT Ishares Tr | Trimmed | −9,255 | −$1.1M | 9.1% |
| PT Proshares Tr | Exited | −14,075 | −$991K | — |
| PT Proshares Tr | Exited | −16,373 | −$948K | — |
| LG Litman Gregory Fds Tr | Trimmed | −18,651 | −$562K | 0.5% |
| IT Ishares Tr | Trimmed | −9,482 | −$498K | 3.2% |
| VS Vanguard Scottsdale Fds | Trimmed | −8,350 | −$489K | 3.7% |
| SS State Str SPDR S&P 500 ETF T | Trimmed | −706 | −$459K | 0.5% |
| VA Vanguard Admiral Fds Inc | Trimmed | −874 | −$356K | 0.4% |
Showing the 10 largest of 54 changes.
quarter ended December 31, 2025 · filed February 10, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| IT Ishares Tr | Trimmed | −73,154 | −$7.03M | 9.3% |
| IT Ishares Tr | Trimmed | −52,013 | −$6.21M | 9.0% |
| VS Vanguard Scottsdale Fds | Trimmed | −105,757 | −$5.9M | 2.1% |
| VS Vanguard Scottsdale Fds | Trimmed | −48,436 | −$2.84M | 3.7% |
| IT Ishares Tr | Trimmed | −41,260 | −$2.18M | 3.2% |
| IT Ishares Tr | Trimmed | −26,488 | −$1.43M | 1.0% |
| VI Vanguard Index Fds | Trimmed | −1,691 | −$1.06M | 47.1% |
| LG Litman Gregory Fds Tr | Trimmed | −32,646 | −$916K | 0.8% |
| SG SPDR Gold Tr | New | +2,016 | +$799K | 0.5% |
| SS Select Sector SPDR Tr | Added | +4,439 | +$639K | 0.8% |
Showing the 10 largest of 56 changes.
quarter ended September 30, 2025 · filed November 12, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| VI Vanguard Index Fds | Added | +11,065 | +$6.78M | 40.5% |
| IQ Invesco Qqq Tr | Trimmed | −9,277 | −$5.57M | 0.9% |
| IT Ishares Tr | Trimmed | −22,967 | −$5.56M | 0.9% |
| SS Select Sector SPDR Tr | Trimmed | −20,342 | −$2.41M | 0.4% |
| LG Litman Gregory Fds Tr | New | +79,480 | +$2.17M | 1.1% |
| SS Select Sector SPDR Tr | Trimmed | −18,554 | −$1.66M | 0.2% |
| SS Select Sector SPDR Tr | Trimmed | −11,285 | −$1.57M | 0.2% |
| SS Select Sector SPDR Tr | Trimmed | −14,850 | −$1.33M | 0.6% |
| IT Ishares Tr | Trimmed | −23,347 | −$1.24M | 3.9% |
| VS Vanguard Scottsdale Fds | Trimmed | −19,141 | −$1.13M | 4.7% |
Showing the 10 largest of 48 changes.
quarter ended June 30, 2025 · filed August 13, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| VI Vanguard Index Fds | Added | +22,776 | +$12.9M | 33.7% |
| IQ Invesco Qqq Tr | New | +12,120 | +$6.69M | 3.3% |
| IT Ishares Tr | New | +30,421 | +$6.56M | 3.2% |
| IT Ishares Tr | Added | +79,265 | +$4.18M | 4.4% |
| VS Vanguard Scottsdale Fds | Trimmed | −68,717 | −$3.86M | 4.4% |
| Nvidia Corporation | Trimmed | −23,189 | −$3.66M | 0.8% |
| SS Select Sector SPDR Tr | Trimmed | −43,529 | −$3.55M | 0.6% |
| VA Vanguard Admiral Fds Inc | Trimmed | −8,391 | −$3.33M | 0.5% |
| VS Vanguard Scottsdale Fds | Added | +56,372 | +$3.31M | 5.1% |
| IT Ishares Tr | Added | +24,182 | +$2.88M | 11.1% |
Showing the 10 largest of 54 changes.
quarter ended March 31, 2025 · filed May 14, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Live Oak Bancshares Inc | Exited | −112,344 | −$4.44M | — |
| IE Invesco Exch Traded Fd Tr Ii | Exited | −80,505 | −$3.89M | — |
| VS Vanguard Scottsdale Fds | Trimmed | −50,806 | −$2.93M | 7.6% |
| IT Ishares Tr | Trimmed | −56,649 | −$2.75M | 0.1% |
| SS Select Sector SPDR Tr | New | +26,502 | +$2.56M | 1.5% |
| SS Select Sector SPDR Tr | New | +23,790 | +$2.22M | 1.3% |
| SS Select Sector SPDR Tr | New | +25,471 | +$2.19M | 1.3% |
| SS Select Sector SPDR Tr | New | +14,282 | +$2.09M | 1.2% |
| IT Ishares Tr | Added | +24,538 | +$1.94M | 1.4% |
| IE Invesco Exchange Traded Fd T | Exited | −8,360 | −$1.46M | — |
Showing the 10 largest of 67 changes.
quarter ended December 31, 2024 · filed February 14, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| VI Vanguard Index Fds | Added | +40,884 | +$22M | 28.1% |
| IT Ishares Tr | Added | +227,975 | +$21.1M | 11.6% |
| IT Ishares Tr | Added | +161,982 | +$18.7M | 10.6% |
| VS Vanguard Scottsdale Fds | New | +278,411 | +$15.4M | 8.3% |
| VS Vanguard Scottsdale Fds | Added | +114,079 | +$6.64M | 4.0% |
| Nvidia Corporation | New | +44,774 | +$6.01M | 3.2% |
| VA Vanguard Admiral Fds Inc | New | +13,710 | +$5.02M | 2.7% |
| IE Invesco Exch Traded Fd Tr Ii | Added | +75,370 | +$3.64M | 2.1% |
| IT Ishares Tr | Added | +69,811 | +$3.61M | 2.5% |
| IT Ishares Tr | New | +61,843 | +$2.93M | 1.6% |
Showing the 10 largest of 66 changes.
Loading...
