Fund · CIK 2158818 · concentrated
Michael J. Porro & Co. Financial Advisors, Inc.
Sep 30, 2026Filed Oct 16, 2026 · SEC filing ↗
Reported value$166M −6%
Positions134
Opened · sold out12 · 17
Holdings
Chips 22.2% 17 positions · 1 new MRVLASMLTSEM
| Stock | % of fund | Value | Shares | Since Q2 2026 |
|---|---|---|---|---|
| MRVLMarvell Technology Inc | 3.0% | $4.9M | 18,526 | Cut −3% |
| ASMLAsml Holding Nv-Ny Reg Shs | 2.3% | $3.8M | 2,113 | Cut −1% |
| TSEMTower Semiconductor Ltd | 2.3% | $3.7M | 16,395 | Cut −1% |
| SMTCSemtech Corp | 2.0% | $3.3M | 18,602 | Cut −1% |
| INTCIntel Corp | 2.0% | $3.3M | 27,456 | Cut −3% |
| ARMArm Holdings Plc-Adr | 1.9% | $3.1M | 10,804 | Held |
| QCOMQualcomm Inc | 1.7% | $2.8M | 15,220 | Held |
| NVDANvidia Corp | 1.7% | $2.8M | 12,180 | Added +21% |
| STMStmicroelectronics Nv-Ny Shs | 1.4% | $2.3M | 43,088 | Held |
| TSMTaiwan Semiconductor-Sp ADR | 0.9% | $1.6M | 3,407 | Held |
| FSLRFirst Solar Inc | 0.8% | $1.3M | 7,307 | Held |
| NXPINxp Semiconductors NV | 0.7% | $1.1M | 4,698 | Cut −1% |
| AVGOBroadcom Inc | 0.6% | $950K | 2,705 | Added +28% |
| LRCXLam Research Corp | 0.4% | $723K | 2,200 | Cut −4% |
| QRVOQorvo Inc | 0.2% | $366K | 3,201 | Cut −3% |
| AMDAdvanced Micro Devices | 0.2% | $343K | 561 | Held |
| ONOn Semiconductor | 0.2% | $321K | 4,182 | New |
Computer hardware 19.0% 11 positions COHRDELLAAPL
| Stock | % of fund | Value | Shares | Since Q2 2026 |
|---|---|---|---|---|
| COHRCoherent Corp | 6.7% | $11.0M | 38,385 | Cut −1% |
| DELLDell Technologies -C | 4.9% | $8.1M | 15,145 | Held |
| AAPLApple Inc | 2.2% | $3.7M | 11,017 | Cut −1% |
| PEverpure Inc-A | 1.4% | $2.3M | 17,773 | Cut −1% |
| TTMITtm Technologies | 0.9% | $1.4M | 11,576 | Cut −3% |
| MSIMotorola Solutions Inc | 0.8% | $1.3M | 2,865 | Held |
| IBMIntl Business Machines Corp | 0.7% | $1.2M | 5,255 | Cut −2% |
| STXSeagate Technology Holdings | 0.5% | $904K | 980 | Held |
| HLITHarmonic Inc | 0.4% | $601K | 56,908 | Cut −1% |
| HPEHewlett Packard Enterprise | 0.3% | $477K | 7,465 | Added +2% |
| CSCOCisco Systems Inc | 0.3% | $476K | 4,419 | Held |
Industrials & defense 11.3% 23 positions · 5 new STRLXYLST
| Stock | % of fund | Value | Shares | Since Q2 2026 |
|---|---|---|---|---|
| STRLSterling Infrastructure Inc | 1.1% | $1.9M | 3,850 | Cut −1% |
| XYLXylem Inc | 0.9% | $1.5M | 14,856 | Cut −1% |
| STSensata Technologies Holdplc | 0.8% | $1.4M | 33,283 | Cut −2% |
| BABoeing Co/The | 0.8% | $1.3M | 7,078 | Cut −4% |
| TPCTutor Perini Corp | 0.7% | $1.2M | 14,643 | Cut −1% |
| WTSWatts Water Technologies-A | 0.7% | $1.2M | 3,386 | Held |
| ACNAccenture Plc-Cl A | 0.7% | $1.2M | 6,331 | Added +6% |
| JCIJohnson Controls Internation | 0.6% | $1.0M | 6,794 | Cut −1% |
| VECOVeeco Instruments Inc | 0.6% | $980K | 18,888 | Held |
| GNRCGenerac Holdings Inc | 0.6% | $913K | 4,414 | Cut −11% |
| SYMSymbotic Inc | 0.5% | $858K | 20,386 | Cut −3% |
| QXOQxo Inc | 0.5% | $754K | 64,460 | Added +18% |
| BRBroadridge Financial Solutio | 0.4% | $644K | 4,000 | New |
| BMIBadger Meter Inc | 0.4% | $617K | 4,995 | New |
| KMTKennametal Inc | 0.3% | $508K | 16,537 | New |
| HONAHoneywell Aerospace Inc | 0.3% | $456K | 2,941 | Added +206% |
| MSMMsc Industrial Direct Co-A | 0.3% | $434K | 3,506 | Held |
| LHXL3harris Technologies Inc | 0.2% | $331K | 1,399 | New |
| RTXRtx Corp | 0.2% | $330K | 1,776 | Held |
| ETNEaton Corp PLC | 0.2% | $323K | 752 | Held |
| AZTAAzenta Inc | 0.2% | $292K | 8,382 | Held |
| MWAMueller Water Products Inc-A | 0.2% | $275K | 12,951 | Held |
| CARTMaplebear Inc | 0.2% | $271K | 6,292 | New |
Health & biotech 8.7% 13 positions ITGRVRTXMRK
| Stock | % of fund | Value | Shares | Since Q2 2026 |
|---|---|---|---|---|
| ITGRInteger Holdings Corp | 2.3% | $3.8M | 30,409 | Cut −2% |
| VRTXVertex Pharmaceuticals Inc | 1.4% | $2.3M | 4,364 | Added +15% |
| MRKMerck & Co. Inc. | 1.0% | $1.6M | 10,963 | Cut −1% |
| CVSCvs Health Corp | 0.7% | $1.1M | 12,980 | Cut −2% |
| ABBVAbbvie Inc | 0.6% | $1.1M | 4,049 | Held |
| NVONovo-Nordisk A/S-Spons ADR | 0.5% | $877K | 23,143 | Added +17% |
| GKOSGlaukos Corp | 0.5% | $871K | 5,303 | Cut −3% |
| JAZZJazz Pharmaceuticals PLC | 0.4% | $741K | 3,200 | Cut −2% |
| CAHCardinal Health Inc | 0.4% | $606K | 2,722 | Held |
| ILMNIllumina Inc | 0.3% | $433K | 1,581 | Cut −3% |
| ABTAbbott Laboratories | 0.2% | $399K | 4,040 | Held |
| HCSGHealthcare Services Group | 0.2% | $275K | 13,445 | Cut −12% |
| MMM3m Co | 0.2% | $268K | 1,631 | Cut −3% |
Funds & ETFs 8.5% 11 positions IWMSMHQQQ
| Stock | % of fund | Value | Shares | Since Q2 2026 |
|---|---|---|---|---|
| IWMIshares Russell 2000 ETF | 1.8% | $2.9M | 10,597 | Held |
| SMHVaneck Semiconductor ETF | 1.5% | $2.4M | 3,945 | Held |
| QQQInvesco Qqq Trust Series 1 | 1.2% | $2.0M | 2,644 | Held |
| SPYSs SPDR S&P 500 ETF Trust-Us | 0.9% | $1.4M | 1,871 | Cut −1% |
| TLTIshares 20+ Year Treasury Bd | 0.9% | $1.4M | 18,270 | Cut −16% |
| DIASs SPDR Dow Jones Indus Avg | 0.7% | $1.1M | 2,139 | Added +1% |
| RSPInvesco S&P 500 Equal Weight | 0.4% | $720K | 3,459 | Cut −1% |
| MGKVngrd Mrgstr Mg Cp Gr Etf-Ui | 0.4% | $629K | 6,790 | Held |
| VTIVg Morningstar Ts Mkt Etf-Us | 0.4% | $606K | 1,620 | Cut −5% |
| VOOVanguard S&P 500 ETF | 0.3% | $564K | 805 | Cut −7% |
| VOVngrd Mrngstr Md-Cap Etf-Usd | 0.2% | $249K | 3,172 | Held |
Software & internet 7.8% 12 positions · 3 new MSFTGOOGPLTR
| Stock | % of fund | Value | Shares | Since Q2 2026 |
|---|---|---|---|---|
| MSFTMicrosoft Corp | 1.7% | $2.9M | 5,564 | Cut −5% |
| GOOGAlphabet Inc-Cl C | 1.5% | $2.5M | 7,197 | Held |
| PLTRPalantir Technologies Inc-A | 1.3% | $2.2M | 11,517 | Cut −1% |
| CRWDCrowdstrike Holdings Inc - A | 0.9% | $1.6M | 5,868 | Held |
| AMZNAmazon.Com Inc | 0.6% | $1.0M | 4,136 | Added +16% |
| ADBEAdobe Inc | 0.4% | $680K | 2,834 | Cut −1% |
| SHOPShopify Inc - Class A | 0.3% | $460K | 3,104 | Cut −4% |
| PANWPalo Alto Networks Inc | 0.3% | $430K | 1,082 | Cut −1% |
| GENGen Digital Inc | 0.2% | $395K | 17,932 | New |
| FDSFactset Research Systems Inc | 0.2% | $335K | 1,241 | Held |
| CRMSalesforce Inc | 0.2% | $253K | 1,104 | New |
| METAMeta Platforms Inc-Class A | 0.2% | $251K | 346 | New |
Materials & mining 6.7% 10 positions GLWNPOHWM
| Stock | % of fund | Value | Shares | Since Q2 2026 |
|---|---|---|---|---|
| GLWCorning Inc | 1.9% | $3.2M | 20,942 | Held |
| NPOEnpro Inc | 1.4% | $2.4M | 7,696 | Held |
| HWMHowmet Aerospace Inc | 0.9% | $1.5M | 6,580 | Held |
| SOLSSolstice Adv Materials Inc | 0.6% | $950K | 16,865 | Added +48% |
| VALEVale Sa-Sp ADR | 0.6% | $930K | 69,314 | Cut −3% |
| BDCBelden Inc | 0.4% | $657K | 6,088 | Added +17% |
| JHXJames Hardie Ind PLC | 0.4% | $627K | 24,770 | Cut −8% |
| TECKTeck Resources Ltd-Cls B | 0.2% | $377K | 5,723 | Held |
| BHPBhp Group Ltd-Spon ADR | 0.1% | $237K | 2,793 | Cut −1% |
| TREXTrex Company Inc | 0.1% | $235K | 5,386 | Cut −2% |
Consumer 5.7% 12 positions · 1 new SNGMTSLA
| Stock | % of fund | Value | Shares | Since Q2 2026 |
|---|---|---|---|---|
| SNSharkninja Inc | 1.1% | $1.8M | 10,057 | Held |
| GMGeneral Motors Co | 0.9% | $1.5M | 19,186 | Held |
| TSLATesla Inc | 0.8% | $1.3M | 3,630 | Added +16% |
| COSTCostco Wholesale Corp | 0.6% | $966K | 1,062 | Cut −1% |
| KDPKeurig Dr Pepper Inc | 0.6% | $932K | 30,731 | Cut −1% |
| DKSDick'S Sporting Goods Inc | 0.4% | $731K | 5,442 | New |
| WHWyndham Hotels & Resorts Inc | 0.3% | $540K | 7,510 | Cut −2% |
| KHCKraft Heinz Co/The | 0.3% | $436K | 19,193 | Cut −6% |
| PEPPepsico Inc | 0.3% | $433K | 3,414 | Cut −9% |
| TNLTravel + Leisure Co | 0.2% | $362K | 5,844 | Cut −2% |
| BRCBrady Corporation - Cl A | 0.2% | $323K | 3,867 | Cut −26% |
| CHWYChewy Inc - Class A | 0.1% | $182K | 10,008 | Cut −2% |
Utilities & power 3.0% 4 positions BEGEVORA
| Stock | % of fund | Value | Shares | Since Q2 2026 |
|---|---|---|---|---|
| BEBloom Energy Corp- A | 2.7% | $4.4M | 15,970 | Added +5% |
| GEVGe Vernova Inc | 0.2% | $291K | 306 | Held |
| ORAOrmat Technologies Inc | 0.1% | $207K | 2,258 | Held |
| SBSCia Saneamento Basico De-Adr | 0.0% | $65.7K | 12,365 | Held |
Energy 2.8% 8 positions · 2 new WDSSLBEPD
| Stock | % of fund | Value | Shares | Since Q2 2026 |
|---|---|---|---|---|
| WDSWoodside Energy Group-Adr | 0.8% | $1.2M | 56,221 | Cut −2% |
| SLBSlb Ltd | 0.6% | $992K | 20,363 | Cut −1% |
| EPDEnterprise Products Partners | 0.5% | $899K | 25,256 | Held |
| PBAPembina Pipeline Corp | 0.2% | $388K | 8,708 | Cut −1% |
| XOMExxonmobil Holdings Corp | 0.2% | $352K | 2,160 | New |
| ETEnergy Transfer LP | 0.2% | $296K | 14,991 | Held |
| ENBEnbridge Inc | 0.2% | $253K | 5,440 | Held |
| OVVOvintiv Inc | 0.1% | $215K | 3,720 | New |
Media & telecom 2.6% 6 positions VZNFLXDIS
| Stock | % of fund | Value | Shares | Since Q2 2026 |
|---|---|---|---|---|
| VZVerizon Communications Inc | 0.6% | $972K | 21,196 | Cut −3% |
| NFLXNetflix Inc | 0.5% | $886K | 12,736 | Added +4% |
| DISWalt Disney Co/The | 0.4% | $679K | 6,471 | Cut −5% |
| TMUST-Mobile US Inc | 0.4% | $583K | 3,576 | Added +51% |
| TAT&T Inc | 0.4% | $583K | 23,897 | Cut −14% |
| CMCSAComcast Corp-Class A | 0.3% | $577K | 26,532 | Added +36% |
Asset managers & exchanges 0.8% 3 positions BXIVZAB
| Stock | % of fund | Value | Shares | Since Q2 2026 |
|---|---|---|---|---|
| BXBlackstone Inc | 0.4% | $677K | 6,039 | Held |
| IVZInvesco Ltd | 0.2% | $385K | 12,768 | Cut −8% |
| ABAlliancebernstein Holding LP | 0.2% | $271K | 7,759 | Held |
Insurance 0.4% 1 position FNF
| Stock | % of fund | Value | Shares | Since Q2 2026 |
|---|---|---|---|---|
| FNFFidelity National Financial | 0.4% | $728K | 18,844 | Cut −1% |
Transport 0.4% 2 positions CCLFDX
| Stock | % of fund | Value | Shares | Since Q2 2026 |
|---|---|---|---|---|
| CCLCarnival Corp Ltd | 0.2% | $378K | 15,393 | Cut −8% |
| FDXFedex Corp | 0.2% | $322K | 1,130 | Held |
Other 0.1% 1 position ARCC
| Stock | % of fund | Value | Shares | Since Q2 2026 |
|---|---|---|---|---|
| ARCCAres Capital Corp | 0.1% | $204K | 10,701 | Held |
Sold out 17
Held at Jun 30, 2026, gone at Sep 30, 2026
| Stock | % of fund in Q2 2026 | Value in Q2 2026 |
|---|---|---|
| UYGProshares Ultra FinancialsULTRA FNCLS NEW | 0.7% | $1.2M |
| PFEPfizer IncCOM | 0.2% | $385K |
| Exxon Mobil CorpCOMMerged away or delisted | 0.2% | $298K |
| BTIBritish American Tob-Sp ADRSPONSORED ADR | 0.1% | $241K |
| PRKSUnited Parks & Resorts IncCOM | 0.1% | $236K |
| IRDMIridium Communications IncCOM | 0.1% | $226K |
| HDHome Depot IncCOM | 0.1% | $223K |
| AMCRAmcor PLCCOM NEW | 0.1% | $221K |
| CATCaterpillar IncCOM | 0.1% | $213K |
| ULUnilever Plc-Sponsored ADRSPON ADR NEW | 0.1% | $212K |
| GMEDGlobus Medical Inc - ACL A | 0.1% | $210K |
| CENTCentral Garden & Pet CoCOM | 0.1% | $210K |
| TTTrane Technologies PLCSHS | 0.1% | $203K |
| FFord Motor CoCOM | 0.1% | $186K |
| VLYValley National BancorpCOM | 0.1% | $161K |
| PATHUipath Inc - Class ACL A | 0.1% | $114K |
| CLFCleveland-Cliffs IncCOM | 0.1% | $105K |
Last four quarters
Bars show reported value| Quarter | Reported value | Positions | Opened | Sold out | Return from holdings |
|---|---|---|---|---|---|
| Q3 2026 | $166M | 134 | 12 | 17 | −7.0% |
| Q2 2026 | $176M | 139 | 15 | 11 | +36.6% |
| Q1 2026 | $127M | 135 | 10 | 5 | +3.5% |
| Q4 2025 | $119M | 130 | — | — | — |