Vault-13

Glenmede Investment Management, LP

PHILADELPHIA, PA · CIK 1644465 · 13F filing filed 2025-11-13

SEC-registered investment adviser since 2000 · limited partnership

As an employer

US visa salary filings

Job titleFilingsMedianRange
Research Analyst, Quantitative EquityPhiladelphia, PA 1 $130,000

Source: US Department of Labor, Labor Condition Application disclosure data (certified, full-time, yearly equivalent). These are the salaries the employer committed to pay the visa roles it filed for, at least the prevailing wage for the job and place; they are not the pay of all its staff. Filed by: Glenmede Investment Management LP.

$20.7bn reported value +4.8% vs Q2 2025
1,410positions
26.1%in top 10
105 new 483 added 705 reduced 193 sold out vs Q2 2025

This report includes the holdings of 1 other manager that shares the investment decisions:

Shares in two reports are counted once in each security's totals.

Holdings, Q3 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#SecurityTickerShares Value% of portfolioChangeShares change
1 VANGUARD INDEX FDS S&P 500 ETF SHS VOO VOO 1,691,433 $1.0bn5.00% 5.00% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 1.6m, Q3 2025 1.7m +69.6k +69,565 4.3%
2 APPLE INC COM AAPL AAPL 3,335,317 $849.3m4.10% 4.10% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 3.4m, Q3 2025 3.3m -67.0k -66,997 -2.0%
3 MICROSOFT CORP COM MSFT MSFT 1,583,322 $820.1m3.96% 3.96% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 1.6m, Q3 2025 1.6m -25.8k -25,842 -1.6%
4 ISHARES TR CORE S&P SCP ETF IJR IJR 4,890,176 $581.1m2.81% 2.81% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 5.0m, Q3 2025 4.9m -114.9k -114,928 -2.3%
5 SPDR S&P 500 ETF TR TR UNIT SPY SPY 772,361 $514.5m2.48% 2.48% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 829.1k, Q3 2025 772.4k -56.8k -56,758 -6.8%
6 JPMORGAN CHASE & CO COM JPM JPM 1,160,165 $366.0m1.77% 1.77% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 1.2m, Q3 2025 1.2m -11.7k -11,721 -1.0%
7 ORACLE CORP COM ORCL ORCL 1,261,667 $354.8m1.71% 1.71% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 1.4m, Q3 2025 1.3m -98.0k -98,006 -7.2%
8 ALPHABET INC CAP STK CL A GOOGL GOOGL 1,335,545 $324.7m1.57% 1.57% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 1.4m, Q3 2025 1.3m -105.6k -105,592 -7.3%
9 ALPHABET INC CAP STK CL C GOOG GOOG 1,223,946 $298.1m1.44% 1.44% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 1.3m, Q3 2025 1.2m -67.3k -67,279 -5.2%
10 JOHNSON & JOHNSON COM JNJ JNJ 1,428,293 $264.8m1.28% 1.28% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 1.4m, Q3 2025 1.4m -17.1k -17,145 -1.2%
11 AMAZON COM INC COM AMZN AMZN 1,191,186 $261.5m1.26% 1.26% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 1.3m, Q3 2025 1.2m -96.1k -96,139 -7.5%
12 NVIDIA CORPORATION COM NVDA NVDA 1,388,555 $259.1m1.25% 1.25% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 1.3m, Q3 2025 1.4m +71.7k +71,705 5.5%
13 ISHARES TR RUSEL 2500 ETF SMMD SMMD 3,404,659 $251.0m1.21% 1.21% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 2.9m, Q3 2025 3.4m +473.9k +473,942 16.2%
14 PUTNAM ETF TRUST FOCUSED LAR CAP PVAL PVAL 5,787,089 $247.2m1.19% 1.19% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 5.0m, Q3 2025 5.8m +789.8k +789,767 15.8%
15 ELI LILLY & CO COM LLY LLY 314,370 $239.9m1.16% 1.16% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 311.0k, Q3 2025 314.4k +3.4k +3,412 1.1%
16 VANGUARD INDEX FDS SMALL CP ETF VB VB 892,178 $226.9m1.10% 1.10% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 858.3k, Q3 2025 892.2k +33.9k +33,863 4.0%
17 MASTERCARD INCORPORATED CL A MA MA 373,958 $212.7m1.03% 1.03% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 411.4k, Q3 2025 374.0k -37.4k -37,394 -9.1%
18 HOME DEPOT INC COM HD HD 498,585 $202.0m0.98% 0.98% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 500.0k, Q3 2025 498.6k -1.4k -1,412 -0.3%
19 META PLATFORMS INC CL A META META 256,672 $188.5m0.91% 0.91% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 258.8k, Q3 2025 256.7k -2.2k -2,167 -0.8%
20 AMPHENOL CORP CL A APH APH 1,517,796 $187.8m0.91% 0.91% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 1.6m, Q3 2025 1.5m -95.0k -94,992 -5.9%
21 RTX CORPORATION COM RTX RTX 1,097,515 $183.6m0.89% 0.89% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 1.1m, Q3 2025 1.1m -11.7k -11,693 -1.1%
22 VANGUARD INDEX FDS TOTAL STK MKT VTI VTI 511,928 $168.0m0.81% 0.81% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 519.7k, Q3 2025 511.9k -7.7k -7,726 -1.5%
23 CISCO SYS INC COM CSCO CSCO 2,448,991 $167.6m0.81% 0.81% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 2.5m, Q3 2025 2.4m -21.0k -20,987 -0.8%
24 DIMENSIONAL ETF TRUST WORLD EX US CORE DFAX DFAX 5,135,490 $161.2m0.78% 0.78% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 5.1m, Q3 2025 5.1m +164 +164 0.0%
25 ABBOTT LABS COM ABT ABT 1,190,887 $159.5m0.77% 0.77% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 1.3m, Q3 2025 1.2m -61.7k -61,675 -4.9%
26 TJX COS INC NEW COM TJX TJX 1,072,246 $155.0m0.75% 0.75% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 1.1m, Q3 2025 1.1m -12.9k -12,856 -1.2%
27 BOOKING HOLDINGS INC COM BKNG BKNG 28,304 $152.8m0.74% 0.74% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 28.1k, Q3 2025 28.3k +254 +254 0.9%
28 EXXON MOBIL CORP COM XOM XOM 1,338,613 $150.9m0.73% 0.73% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 1.4m, Q3 2025 1.3m -29.1k -29,053 -2.1%
29 CHEVRON CORP NEW COM CVX CVX 969,782 $150.6m0.73% 0.73% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 979.8k, Q3 2025 969.8k -10.1k -10,059 -1.0%
30 PROCTER AND GAMBLE CO COM PG PG 962,610 $147.9m0.71% 0.71% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 974.3k, Q3 2025 962.6k -11.7k -11,711 -1.2%
31 BROADCOM INC COM AVGO AVGO 385,409 $127.2m0.61% 0.61% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 299.2k, Q3 2025 385.4k +86.2k +86,161 28.8%
32 VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA VEA 2,096,977 $125.7m0.61% 0.61% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 2.0m, Q3 2025 2.1m +54.6k +54,575 2.7%
33 VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG VIG 572,698 $123.6m0.60% 0.60% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 600.3k, Q3 2025 572.7k -27.6k -27,563 -4.6%
34 PEPSICO INC COM PEP PEP 866,886 $121.7m0.59% 0.59% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 880.3k, Q3 2025 866.9k -13.4k -13,439 -1.5%
35 VANGUARD INDEX FDS GROWTH ETF VUG VUG 246,861 $118.4m0.57% 0.57% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 231.4k, Q3 2025 246.9k +15.5k +15,489 6.7%
36 CHUBB LIMITED COM CB CB 411,696 $116.2m0.56% 0.56% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 408.9k, Q3 2025 411.7k +2.8k +2,813 0.7%
37 COSTCO WHSL CORP NEW COM COST COST 125,248 $115.9m0.56% 0.56% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 125.5k, Q3 2025 125.2k -216 -216 -0.2%
38 VISA INC COM CL A V V 338,032 $115.4m0.56% 0.56% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 386.2k, Q3 2025 338.0k -48.2k -48,155 -12.5%
39 ACCENTURE PLC IRELAND SHS CLASS A ACN ACN 460,812 $113.6m0.55% 0.55% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 435.2k, Q3 2025 460.8k +25.6k +25,563 5.9%
40 APPLIED MATLS INC COM AMAT AMAT 549,199 $112.4m0.54% 0.54% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 561.5k, Q3 2025 549.2k -12.3k -12,271 -2.2%
41 ISHARES INC MSCI JPN ETF NEW EWJ EWJ 1,399,685 $112.3m0.54% 0.54% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 1.5m, Q3 2025 1.4m -52.7k -52,720 -3.6%
42 LAM RESEARCH CORP COM NEW LRCX LRCX 817,043 $109.4m0.53% 0.53% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 885.1k, Q3 2025 817.0k -68.0k -68,037 -7.7%
43 ISHARES TR RUSSELL 2000 ETF IWM IWM 432,910 $104.7m0.51% 0.51% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 434.3k, Q3 2025 432.9k -1.4k -1,384 -0.3%
44 WALMART INC COM WMT WMT 984,959 $101.5m0.49% 0.49% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 976.1k, Q3 2025 985.0k +8.9k +8,859 0.9%
45 BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B BRK.B 197,706 $99.4m0.48% 0.48% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 198.0k, Q3 2025 197.7k -278 -278 -0.1%
46 AMERICAN EXPRESS CO COM AXP AXP 297,367 $98.8m0.48% 0.48% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 307.5k, Q3 2025 297.4k -10.1k -10,103 -3.3%
47 ISHARES TR CRE U S REIT ETF USRT USRT 1,673,789 $98.3m0.47% 0.47% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 1.6m, Q3 2025 1.7m +76.5k +76,496 4.8%
48 NETFLIX INC COM NFLX NFLX 81,922 $98.2m0.47% 0.47% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 89.0k, Q3 2025 81.9k -7.1k -7,112 -8.0%
49 MCDONALDS CORP COM MCD MCD 318,925 $96.9m0.47% 0.47% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 320.2k, Q3 2025 318.9k -1.3k -1,320 -0.4%
50 PNC FINL SVCS GROUP INC COM PNC PNC 478,783 $96.2m0.46% 0.46% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 492.5k, Q3 2025 478.8k -13.7k -13,715 -2.8%
51 ISHARES TR CORE S&P500 ETF IVV IVV 143,578 $96.1m0.46% 0.46% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 135.1k, Q3 2025 143.6k +8.5k +8,471 6.3%
52 INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP RSP 503,743 $95.6m0.46% 0.46% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 531.1k, Q3 2025 503.7k -27.4k -27,369 -5.2%
53 PARKER-HANNIFIN CORP COM PH PH 123,587 $93.7m0.45% 0.45% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 124.5k, Q3 2025 123.6k -960 -960 -0.8%
54 BLACKROCK INC COM BLK BLK 77,217 $90.0m0.43% 0.43% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 77.8k, Q3 2025 77.2k -577 -577 -0.7%
55 SCHWAB CHARLES CORP COM SCHW SCHW 893,630 $85.3m0.41% 0.41% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 908.5k, Q3 2025 893.6k -14.9k -14,907 -1.6%
56 ISHARES TR MSCI EAFE ETF EFA EFA 899,954 $84.0m0.41% 0.41% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 891.6k, Q3 2025 900.0k +8.3k +8,347 0.9%
57 VANGUARD INDEX FDS REAL ESTATE ETF VNQ VNQ 865,398 $79.1m0.38% 0.38% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 875.6k, Q3 2025 865.4k -10.2k -10,244 -1.2%
58 ABBVIE INC COM ABBV ABBV 340,243 $78.8m0.38% 0.38% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 355.9k, Q3 2025 340.2k -15.7k -15,663 -4.4%
59 LABCORP HOLDINGS INC COM SHS LH LH 270,547 $77.7m0.37% 0.37% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 274.9k, Q3 2025 270.5k -4.4k -4,365 -1.6%
60 UNION PAC CORP COM UNP UNP 328,317 $77.6m0.37% 0.37% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 343.7k, Q3 2025 328.3k -15.4k -15,405 -4.5%
61 ARISTA NETWORKS INC COM SHS ANET ANET 532,557 $77.6m0.37% 0.37% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 617.6k, Q3 2025 532.6k -85.1k -85,061 -13.8%
62 HONEYWELL INTL INC COM COM 355,824 $74.9m0.36% 0.36% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 359.9k, Q3 2025 355.8k -4.1k -4,123 -1.1%
63 AMETEK INC COM AME AME 378,202 $71.1m0.34% 0.34% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 385.0k, Q3 2025 378.2k -6.8k -6,803 -1.8%
64 SPDR GOLD TR GOLD SHS GLD GLD 195,986 $69.7m0.34% 0.34% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 192.7k, Q3 2025 196.0k +3.2k +3,246 1.7%
65 ISHARES TR MSCI ACWI EX US ACWX ACWX 1,070,861 $69.6m0.34% 0.34% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 1.0m, Q3 2025 1.1m +29.7k +29,665 2.9%
66 ADOBE INC COM ADBE ADBE 195,873 $69.1m0.33% 0.33% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 172.0k, Q3 2025 195.9k +23.8k +23,834 13.8%
67 ILLINOIS TOOL WKS INC COM ITW ITW 261,155 $68.1m0.33% 0.33% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 265.6k, Q3 2025 261.2k -4.4k -4,411 -1.7%
68 NEXTERA ENERGY INC COM NEE NEE 876,176 $66.1m0.32% 0.32% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 899.2k, Q3 2025 876.2k -23.0k -23,004 -2.6%
69 ULTA BEAUTY INC COM ULTA ULTA 115,964 $63.4m0.31% 0.31% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 122.0k, Q3 2025 116.0k -6.0k -6,020 -4.9%
70 NETAPP INC COM NTAP NTAP 525,780 $62.3m0.30% 0.30% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 233.9k, Q3 2025 525.8k +291.9k +291,857 124.8%
71 AUTOMATIC DATA PROCESSING IN COM ADP ADP 202,505 $59.4m0.29% 0.29% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 201.4k, Q3 2025 202.5k +1.1k +1,057 0.5%
72 SALESFORCE INC COM CRM CRM 247,807 $58.7m0.28% 0.28% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 240.0k, Q3 2025 247.8k +7.8k +7,802 3.2%
73 MARTIN MARIETTA MATLS INC COM MLM MLM 90,925 $57.3m0.28% 0.28% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 91.5k, Q3 2025 90.9k -526 -526 -0.6%
74 EBAY INC. COM EBAY EBAY 616,357 $56.1m0.27% 0.27% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 672.3k, Q3 2025 616.4k -55.9k -55,929 -8.3%
75 TWILIO INC CL A TWLO TWLO 548,485 $54.9m0.27% 0.27% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 560.9k, Q3 2025 548.5k -12.4k -12,406 -2.2%
76 INCYTE CORP COM INCY INCY 631,785 $53.6m0.26% 0.26% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 624.4k, Q3 2025 631.8k +7.4k +7,356 1.2%
77 SHERWIN WILLIAMS CO COM SHW SHW 154,145 $53.4m0.26% 0.26% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 154.3k, Q3 2025 154.1k -167 -167 -0.1%
78 CENCORA INC COM COR COR 169,665 $53.0m0.26% 0.26% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 173.9k, Q3 2025 169.7k -4.2k -4,232 -2.4%
79 EXPEDIA GROUP INC COM NEW EXPE EXPE 247,345 $52.9m0.26% 0.26% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 250.8k, Q3 2025 247.3k -3.5k -3,455 -1.4%
80 ROSS STORES INC COM ROST ROST 342,411 $52.2m0.25% 0.25% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 333.5k, Q3 2025 342.4k +8.9k +8,880 2.7%
81 DOCUSIGN INC COM DOCU DOCU 719,742 $51.9m0.25% 0.25% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 744.6k, Q3 2025 719.7k -24.9k -24,886 -3.3%
82 TRANE TECHNOLOGIES PLC SHS TT TT 118,009 $49.8m0.24% 0.24% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 135.5k, Q3 2025 118.0k -17.5k -17,529 -12.9%
83 ISHARES TR S&P SML 600 GWT IJT IJT 351,517 $49.7m0.24% 0.24% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 356.0k, Q3 2025 351.5k -4.5k -4,473 -1.3%
84 MEDTRONIC PLC SHS MDT MDT 507,406 $48.3m0.23% 0.23% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 538.8k, Q3 2025 507.4k -31.4k -31,401 -5.8%
85 BRISTOL-MYERS SQUIBB CO COM BMY BMY 1,065,333 $48.0m0.23% 0.23% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 812.7k, Q3 2025 1.1m +252.7k +252,666 31.1%
86 OKTA INC CL A OKTA OKTA 509,371 $46.7m0.23% 0.23% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 491.3k, Q3 2025 509.4k +18.0k +18,039 3.7%
87 UNITEDHEALTH GROUP INC COM UNH UNH 132,999 $45.9m0.22% 0.22% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 125.4k, Q3 2025 133.0k +7.6k +7,627 6.1%
88 WILLIAMS SONOMA INC COM WSM WSM 233,807 $45.7m0.22% 0.22% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 257.4k, Q3 2025 233.8k -23.6k -23,576 -9.2%
89 MERCK & CO INC COM MRK MRK 539,875 $45.3m0.22% 0.22% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 629.6k, Q3 2025 539.9k -89.7k -89,706 -14.2%
90 PROGRESSIVE CORP COM PGR PGR 183,030 $45.2m0.22% 0.22% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 150.5k, Q3 2025 183.0k +32.5k +32,529 21.6%
91 2023 ETF SERIES TRUST EAGLE CAPITAL SE EAGL EAGL 1,411,288 $44.1m0.21% 0.21% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 991.1k, Q3 2025 1.4m +420.2k +420,230 42.4%
92 KLA CORP COM NEW KLAC KLAC 40,091 $43.2m0.21% 0.21% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 28.4k, Q3 2025 40.1k +11.7k +11,715 41.3%
93 FORTINET INC COM FTNT FTNT 508,525 $42.8m0.21% 0.21% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 529.0k, Q3 2025 508.5k -20.5k -20,518 -3.9%
94 PALO ALTO NETWORKS INC COM PANW PANW 209,092 $42.6m0.21% 0.21% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 199.2k, Q3 2025 209.1k +9.9k +9,940 5.0%
95 QUALCOMM INC COM QCOM QCOM 253,691 $42.2m0.20% 0.20% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 488.6k, Q3 2025 253.7k -234.9k -234,919 -48.1%
96 THERMO FISHER SCIENTIFIC INC COM TMO TMO 84,444 $41.0m0.20% 0.20% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 113.6k, Q3 2025 84.4k -29.2k -29,195 -25.7%
97 ISHARES TR MSCI USA QLT FCT QUAL QUAL 208,130 $40.5m0.20% 0.20% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 268.0k, Q3 2025 208.1k -59.9k -59,882 -22.3%
98 ISHARES TR MSCI USA MIN VOL USMV USMV 416,136 $39.6m0.19% 0.19% ReducedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 440.3k, Q3 2025 416.1k -24.2k -24,183 -5.5%
99 VANGUARD INDEX FDS MID CAP ETF VO VO 133,452 $39.2m0.19% 0.19% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 133.4k, Q3 2025 133.5k +90 +90 0.1%
100 FIRST TR EXCHANGE-TRADED FD NO AMER ENERGY EMLP EMLP 1,006,295 $38.5m0.19% 0.19% AddedShares held: Q4 2024 —, Q1 2025 —, Q2 2025 993.4k, Q3 2025 1.0m +12.9k +12,915 1.3%

Sold out since Q2 2025

SecurityTickerShares held beforeValue then
FOOT LOCKER INC FL FL 610,911 $15.0m610.9k shares
ALIGNMENT HEALTHCARE INC ALHC ALHC 68,215 $12.9m68.2k shares
SITIO ROYALTIES CORP STR STR 613,903 $11.3m613.9k shares
PERMIAN RESOURCES CORP PR PR 593,741 $8.1m593.7k shares
MOLSON COORS BEVERAGE CO TAP TAP 161,643 $7.8m161.6k shares
ARBOR REALTY TRUST INC ABR V6.25 PERP F ABR V6.25 PERP F 139,848 $2.8m139.8k shares
TOTALENERGIES SE 45,491 $2.8m45.5k shares
SPX TECHNOLOGIES INC SPXC SPXC 8,868 $1.5m8.9k shares
RELIANCE INC RS RS 4,603 $1.4m4.6k shares
ATCO LTD CLASS I NON-VOTING COM NPV ISIN #CA0467894006 SEDOL #2060615 ACLLF ACLLF 36,220 $1.3m36.2k shares
ANSYS INC ANSS ANSS 3,251 $1.1m3.3k shares
NUTANIX INC NTNX NTNX 14,830 $1.1m14.8k shares
HESS MIDSTREAM LP HESM HESM 29,300 $1.1m29.3k shares
PALOMAR HLDGS INC PLMR PLMR 7,071 $1.1m7.1k shares
SKYWARD SPECIALTY INS GROUP SKWD SKWD 17,002 $982.5k17.0k shares
ATLASSIAN CORPORATION TEAM TEAM 4,692 $952.9k4.7k shares
EQUINOR ASA EQNR EQNR 37,788 $950.0k37.8k shares
JUNIPER NETWORKS INC JNPR JNPR 21,457 $856.8k21.5k shares
FIRST TR NAS100 EQ WEIGHTED QQEW QQEW 6,205 $846.9k6.2k shares
CHART INDS INC GTLS GTLS 4,943 $813.9k4.9k shares
INVESCO EXCHANGE TRADED FD T PTF PTF 10,820 $738.9k10.8k shares
VERONA PHARMA PLC VRNA VRNA 6,392 $604.6k6.4k shares
FIDELITY COVINGTON TRUST FMDE FMDE 16,274 $560.1k16.3k shares
MR COOPER GROUP INC WMIH WMIH 3,601 $537.3k3.6k shares
ALBANY INTL CORP AIN AIN 7,586 $532.0k7.6k shares