Strategic Equity Management

TUCSON, AZ

$298m in 65 US stocks at the end of 30 June 2026. The top 10 are 64.0% of the money. It changed about 21.6% of the portfolio this quarter.

Value

$298m

Stocks

Top 10 share

64.0%

Turnover

21.6%

What changed this quarter

New

Bought for the first time this quarter.

Vanguard Index FDSVTV
4.5% of the fund
Select Sector Spdr TRXLK
3.5% of the fund
Ishares TRIUSB
<0.1% of the fund
AlphabetGOOGL
<0.1% of the fund
Vanguard World FDMGK
<0.1% of the fund
Schwab Strategic TRSCHB
<0.1% of the fund

Added

Bought more of a stock they already held.

Northern LTS FD TR IVPTL
7.7% of the fund
+58%
Ishares TRITOT
7.6% of the fund
+515%
Strategy SHSESUM
5.6% of the fund
+3%
Ishares TRIWN
5.4% of the fund
+7%
Ishares TRIWM
4.6% of the fund
+6%
Select Sector Spdr TRXLE
3.4% of the fund
+12%
Northern LTS FD TR IVFDLS
2.3% of the fund
+20%
Vanguard Index FDSVUG
1.1% of the fund
+483%
Strategy SHSELCV
0.9% of the fund
+11%
Northern LTS FD TR IVWWJD
0.7% of the fund
+4%
CSXCSX
0.1% of the fund
+28%
NvidiaNVDA
0.1% of the fund
+25%
Amazon.comAMZN
0.1% of the fund
+28%
Lockheed MartinLMT
<0.1% of the fund
+3%

Cut

Sold some of their stake.

State STR Spdr S&P 500 ETF TSPY
8.1% of the fund
-11%
Ishares TRIWV
7.6% of the fund
-5%
Schwab Strategic TRSCHX
4.5% of the fund
-11%
Strategy SHSESSC
4.2% of the fund
-5%
Ishares TRIWL
2.1% of the fund
-4%
Northern LTS FD TR IVBIBL
1.4% of the fund
-66%
Vanguard Index FDSVB
1.1% of the fund
-5%
Northern Lights FD TRMRSK
1.0% of the fund
-8%
Ishares TRIEFA
0.6% of the fund
-61%
AlphabetGOOG
0.4% of the fund
-9%
Blackrock ETF Trust IIBINC
0.4% of the fund
-8%
IsharesIEMG
0.3% of the fund
-2%
Ishares TRIVW
0.3% of the fund
-5%
Ishares TRVLUE
0.3% of the fund
-4%
Schwab Strategic TRSCHA
0.3% of the fund
-15%
Franklin Templeton ETF TRFLQM
0.2% of the fund
-2%
Timothy PlanTPIF
0.2% of the fund
-3%
Timothy PlanTPSC
0.1% of the fund
-6%
Schwab Strategic TRSCHM
0.1% of the fund
-54%
Vanguard World FDMGC
0.1% of the fund
-11%
Invesco Exch Traded FD TR IIXMLV
0.1% of the fund
-15%
Schwab Strategic TRSCHF
<0.1% of the fund
-3%
BoeingBA
<0.1% of the fund
-27%
RTXRTX
<0.1% of the fund
-26%

Sold out

Sold their entire stake.

Ishares TRIEF
-100%
Ishares TRIWO
-100%
Select Sector Spdr TRXLB
-100%
Spdr Series TrustBIL
-100%
CaterpillarCAT
-100%
Capital One FinancialCOF
-100%
Huntington Ingalls IndustriesHII
-100%
Northern LTS FD TR IVBUYW
-100%
Northrop GrummanNOC
-100%
Amentum HoldingsAMTM
-100%
Costco WholesaleCOST
-100%

Holdings

State STR Spdr S&P 500 ETF TSPY
Share
8.1%
Value
$24m
Shares
32,397
-11%
Northern LTS FD TR IVPTL
Share
7.7%
Value
$23m
Shares
80,533
+58%
Vanguard Index FDSVV
Share
7.7%
Value
$23m
Shares
66,322
Held
Ishares TRIWV
Share
7.6%
Value
$23m
Shares
53,092
-5%
Ishares TRITOT
Share
7.6%
Value
$23m
Shares
137,333
+515%
Strategy SHSESUM
Share
5.6%
Value
$17m
Shares
542,739
+3%
Ishares TRIWN
Share
5.4%
Value
$16m
Shares
73,135
+7%
Ishares TREEM
Share
5.2%
Value
$16m
Shares
227,232
Held
Ishares TRIWM
Share
4.6%
Value
$14m
Shares
45,717
+6%
Vanguard Index FDSVTV
Share
4.5%
Value
$13m
Shares
61,205
New
Schwab Strategic TRSCHX
Share
4.5%
Value
$13m
Shares
452,692
-11%
Strategy SHSESSC
Share
4.2%
Value
$13m
Shares
395,159
-5%
Select Sector Spdr TRXLK
Share
3.5%
Value
$10m
Shares
54,572
New
Select Sector Spdr TRXLE
Share
3.4%
Value
$10m
Shares
188,569
+12%
Northern LTS FD TR IVFDLS
Share
2.3%
Value
$7m
Shares
163,636
+20%
Ishares TRIWL
Share
2.1%
Value
$6m
Shares
33,422
-4%
Northern LTS FD TR IVBIBL
Share
1.4%
Value
$4m
Shares
71,243
-66%
Vanguard Index FDSVB
Share
1.1%
Value
$3m
Shares
10,745
-5%
Vanguard Index FDSVUG
Share
1.1%
Value
$3m
Shares
37,767
+483%
Northern Lights FD TRMRSK
Share
1.0%
Value
$3m
Shares
74,066
-8%
Ishares TRIVV
Share
0.9%
Value
$3m
Shares
3,620
Held
Strategy SHSELCV
Share
0.9%
Value
$3m
Shares
82,380
+11%
Northern LTS FD TR IVWWJD
Share
0.7%
Value
$2m
Shares
55,489
+4%
Ishares TRIEFA
Share
0.6%
Value
$2m
Shares
18,382
-61%
MicrosoftMSFT
Share
0.5%
Value
$1m
Shares
3,619
Held
FIS TRPRAY
Share
0.5%
Value
$1m
Shares
37,903
Held
Northern LTS FD TR IVBLES
Share
0.4%
Value
$1m
Shares
28,077
Held
AlphabetGOOG
Share
0.4%
Value
$1m
Shares
3,717
-9%
Pacer FDS TRCOWZ
Share
0.4%
Value
$1m
Shares
21,046
Held
Blackrock ETF Trust IIBINC
Share
0.4%
Value
$1m
Shares
25,008
-8%
Vanguard Index FDSVTI
Share
0.4%
Value
$1m
Shares
3,414
Held
First TR Exchange-Traded ALPFYC
Share
0.4%
Value
$1m
Shares
8,939
Held
IsharesIEMG
Share
0.3%
Value
$963,696
Shares
11,633
-2%
Ishares TRIVW
Share
0.3%
Value
$852,564
Shares
6,199
-5%
Vanguard Index FDSVO
Share
0.3%
Value
$842,601
Shares
10,458
Held
Ishares TRIVE
Share
0.3%
Value
$809,657
Shares
3,566
Held
Ishares TRVLUE
Share
0.3%
Value
$804,174
Shares
4,025
-4%
Schwab Strategic TRSCHA
Share
0.3%
Value
$778,824
Shares
21,556
-15%
Procter & GamblePG
Share
0.2%
Value
$719,071
Shares
4,904
Held
AppleAAPL
Share
0.2%
Value
$717,902
Shares
2,481
Held
Ishares TRIJH
Share
0.2%
Value
$499,499
Shares
6,478
Held
Franklin Templeton ETF TRFLQM
Share
0.2%
Value
$474,715
Shares
8,201
-2%
Huntington BancsharesHBAN
Share
0.2%
Value
$450,307
Shares
25,398
Held
Timothy PlanTPIF
Share
0.2%
Value
$449,955
Shares
12,060
-3%
CSXCSX
Share
0.1%
Value
$395,086
Shares
8,312
+28%
Timothy PlanTPSC
Share
0.1%
Value
$387,729
Shares
8,081
-6%
Schwab Strategic TRSCHM
Share
0.1%
Value
$370,156
Shares
10,040
-54%
Schwab Strategic TRSCHG
Share
0.1%
Value
$359,482
Shares
10,623
Held
NvidiaNVDA
Share
0.1%
Value
$354,538
Shares
1,772
+25%
Vanguard World FDMGC
Share
0.1%
Value
$352,690
Shares
1,289
-11%
Amazon.comAMZN
Share
0.1%
Value
$342,235
Shares
1,436
+28%
Invesco Exch Traded FD TR IIXMLV
Share
0.1%
Value
$327,272
Shares
4,934
-15%
Vanguard Index FDSVOO
Share
0.1%
Value
$325,187
Shares
473
Held
Spdr Gold TRGLD
Share
0.1%
Value
$311,281
Shares
845
Held
Ishares TRIUSB
Share
<0.1%
Value
$292,868
Shares
6,346
New
Schwab Strategic TRSCHF
Share
<0.1%
Value
$279,600
Shares
10,094
-3%
BoeingBA
Share
<0.1%
Value
$272,444
Shares
1,259
-27%
AlphabetGOOGL
Share
<0.1%
Value
$259,428
Shares
726
New
First TR Exch Traded FD IIIAFDM
Share
<0.1%
Value
$254,277
Shares
2,920
Held
RTXRTX
Share
<0.1%
Value
$244,531
Shares
1,289
-26%
General DynamicsGD
Share
<0.1%
Value
$228,262
Shares
644
Held
Vanguard World FDMGK
Share
<0.1%
Value
$216,698
Shares
2,465
New
Schwab Strategic TRSCHB
Share
<0.1%
Value
$212,559
Shares
7,340
New
Lockheed MartinLMT
Share
<0.1%
Value
$202,092
Shares
397
+3%
L3harris TechnologiesLHX
Share
<0.1%
Value
$202,088
Shares
695
Held

Company	Share of fund	Value	Shares	Change
State STR Spdr S&P 500 ETF TSPY	8.1%	$24m	32,397	-11%
Northern LTS FD TR IVPTL	7.7%	$23m	80,533	+58%
Vanguard Index FDSVV	7.7%	$23m	66,322	Held
Ishares TRIWV	7.6%	$23m	53,092	-5%
Ishares TRITOT	7.6%	$23m	137,333	+515%
Strategy SHSESUM	5.6%	$17m	542,739	+3%
Ishares TRIWN	5.4%	$16m	73,135	+7%
Ishares TREEM	5.2%	$16m	227,232	Held
Ishares TRIWM	4.6%	$14m	45,717	+6%
Vanguard Index FDSVTV	4.5%	$13m	61,205	New
Schwab Strategic TRSCHX	4.5%	$13m	452,692	-11%
Strategy SHSESSC	4.2%	$13m	395,159	-5%
Select Sector Spdr TRXLK	3.5%	$10m	54,572	New
Select Sector Spdr TRXLE	3.4%	$10m	188,569	+12%
Northern LTS FD TR IVFDLS	2.3%	$7m	163,636	+20%
Ishares TRIWL	2.1%	$6m	33,422	-4%
Northern LTS FD TR IVBIBL	1.4%	$4m	71,243	-66%
Vanguard Index FDSVB	1.1%	$3m	10,745	-5%
Vanguard Index FDSVUG	1.1%	$3m	37,767	+483%
Northern Lights FD TRMRSK	1.0%	$3m	74,066	-8%
Ishares TRIVV	0.9%	$3m	3,620	Held
Strategy SHSELCV	0.9%	$3m	82,380	+11%
Northern LTS FD TR IVWWJD	0.7%	$2m	55,489	+4%
Ishares TRIEFA	0.6%	$2m	18,382	-61%
MicrosoftMSFT	0.5%	$1m	3,619	Held
FIS TRPRAY	0.5%	$1m	37,903	Held
Northern LTS FD TR IVBLES	0.4%	$1m	28,077	Held
AlphabetGOOG	0.4%	$1m	3,717	-9%
Pacer FDS TRCOWZ	0.4%	$1m	21,046	Held
Blackrock ETF Trust IIBINC	0.4%	$1m	25,008	-8%
Vanguard Index FDSVTI	0.4%	$1m	3,414	Held
First TR Exchange-Traded ALPFYC	0.4%	$1m	8,939	Held
IsharesIEMG	0.3%	$963,696	11,633	-2%
Ishares TRIVW	0.3%	$852,564	6,199	-5%
Vanguard Index FDSVO	0.3%	$842,601	10,458	Held
Ishares TRIVE	0.3%	$809,657	3,566	Held
Ishares TRVLUE	0.3%	$804,174	4,025	-4%
Schwab Strategic TRSCHA	0.3%	$778,824	21,556	-15%
Procter & GamblePG	0.2%	$719,071	4,904	Held
AppleAAPL	0.2%	$717,902	2,481	Held
Ishares TRIJH	0.2%	$499,499	6,478	Held
Franklin Templeton ETF TRFLQM	0.2%	$474,715	8,201	-2%
Huntington BancsharesHBAN	0.2%	$450,307	25,398	Held
Timothy PlanTPIF	0.2%	$449,955	12,060	-3%
CSXCSX	0.1%	$395,086	8,312	+28%
Timothy PlanTPSC	0.1%	$387,729	8,081	-6%
Schwab Strategic TRSCHM	0.1%	$370,156	10,040	-54%
Schwab Strategic TRSCHG	0.1%	$359,482	10,623	Held
NvidiaNVDA	0.1%	$354,538	1,772	+25%
Vanguard World FDMGC	0.1%	$352,690	1,289	-11%
Amazon.comAMZN	0.1%	$342,235	1,436	+28%
Invesco Exch Traded FD TR IIXMLV	0.1%	$327,272	4,934	-15%
Vanguard Index FDSVOO	0.1%	$325,187	473	Held
Spdr Gold TRGLD	0.1%	$311,281	845	Held
Ishares TRIUSB	<0.1%	$292,868	6,346	New
Schwab Strategic TRSCHF	<0.1%	$279,600	10,094	-3%
BoeingBA	<0.1%	$272,444	1,259	-27%
AlphabetGOOGL	<0.1%	$259,428	726	New
First TR Exch Traded FD IIIAFDM	<0.1%	$254,277	2,920	Held
RTXRTX	<0.1%	$244,531	1,289	-26%
General DynamicsGD	<0.1%	$228,262	644	Held
Vanguard World FDMGK	<0.1%	$216,698	2,465	New
Schwab Strategic TRSCHB	<0.1%	$212,559	7,340	New
Lockheed MartinLMT	<0.1%	$202,092	397	+3%
L3harris TechnologiesLHX	<0.1%	$202,088	695	Held

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 9.6% since 30 June 2025.

Where the money is

Technology0.8%

Media & telecom0.5%

Industrials0.5%

Everyday goods0.2%

Financial services0.2%

Retail & consumer0.1%

Other97.6%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.