(Preferred) Stock(/Bond ETF)s Of The Month: AGG, HYLB, PFFD, QQQJ, QQQM, USHY

I skipped November's post because...excuses. Here's what happened: 

• Bought more AGG, HYLB, PFFD, USHY
• Swapped my previous holdings of QQQ into mostly QQQM (just like QQQ, but with a lower expense ratio) and some QQQJ (an entirely new ETF consisting of "minor-league prospects" of the Nasdaq - it's what one might wish the Russell 2000 to be, instead of the perpetual underperformer that it is).

Detail-oriented readers will note that these same six ETFs are in the title of this post, as they were bought in December as well.

Also, a trigger sale!  Salesforce (CRM) just reported a so-so quarter and a high-priced acquisition of Slack, which sent its stock below my previously-established threshold.  First bought in October 2013 and purchased on three additional occasions, it posted a 178% gain (15% annualized).

Boilerplate time...

As a stretch goal: for dividend income purposes, I'd like this portfolio to eventually be as much as a 50/50 split between stocks and bonds. As seen below, it is currently 56/44.

I am in no rush to flip into bonds. I would rather let my winners run forever. However, if in any given month I see no stocks that present themselves as especially good buying opportunities, I have no reservations in simply adding to my bond and/or preferred stock ETFs. It is truly a month-to-month situation (as it has always been!).

For the foreseeable future, I want to track my Big Five Two every month, whether I buy them or not.

Amazon (AMZN)

• $1.60T market cap
• no dividend
• $347.0B revenue
• 37% revenue growth
• $68.4B cash
• $96.8B debt
• $55.3B operating cash flow
• $33.7B free cash flow

Microsoft (MSFT)

• $1.63T market cap
• 1.0% dividend yield
• $147.1B revenue
• 12% revenue growth
• $138.0B cash
• $83.2B debt
• $66.2B operating cash flow
• $32.2B free cash flow

Here's my current portfolio (buy and hold). As always, I believe in all of these stocks/ETFs - until I sell them.

Amazon (AMZN) 13.22%
iShares Broad USD High Yield Corporate Bond ETF (USHY) 12.33%
Xtrackers USD High Yield Corporate Bond ETF (HYLB) 12.30%
iShares Core U.S. Aggregate Bond ETF (AGG) 11.07%
Microsoft (MSFT) 10.02%
Global X U.S. Preferred ETF (PFFD) 8.00%
Invesco NASDAQ 100 ETF (QQQM) 4.59%
Alphabet (GOOGL) 4.18%
Facebook (FB) 2.84%
Intuitive Surgical (ISRG) 2.41%
Adobe (ADBE) 2.05%
Invesco NASDAQ Next Gen 100 ETF (QQQJ) 1.90%
Costco Wholesale (COST) 1.35%
UnitedHealth Group (UNH) 1.32%
Visa (V) 1.27%
Autodesk (ADSK) 0.73%

An Updated Summary of My Grand Unified Theory of Investing

Check out my previous post for how we landed here...

Account:	IRA	Roth IRA	Stocks & Income
Current percentage of total holdings:	~23%	~7%	~69%
Investment philosophy:	Jack Bogle	George Soros	Warren Buffett
Headline summary:	“Don't Do Something, Just Stand There!”	“You Call That A Position?”	“Wonderful Companies at Fair Prices”
Account holdings:	• 52% indices (IWM, QQQ, VOO) • 23% high-yield stocks (VIG, VYM) • 24% high-yield bonds (HYLB, USHY)	• 53% one “high-conviction” stock (???) • 47% bonds (AGG)	• 58% stocks (2 core holdings + QQQ) • 42% preferred stock/bond ETFs entire portfolio detailed here
Are dividends reinvested?	Yes	Yes (AGG only)	No
Investment schedule:	N/A	Asynchronous	Synchronous
When do I intend to make changes?	Never	When I have a higher-conviction bet than the existing one (AGG → ???), or no conviction at all (??? → AGG)	Monthly purchases; "I believe in all of these stocks - until I sell them"
Is account actively funded with new contributions?	No	No	Yes
Is account written about on this blog monthly / ever?	No	No	Yes

(Preferred) Stock(/Bond ETF)s Of The Month: HYLB, PFFD, USHY

I'm buying yield.

In a few days, I'll receive the first dividend payments from last month's substantial turn from growth to yield. It is...dare I say...kind of exciting!


Boilerplate time...

As a stretch goal: for dividend income purposes, I'd like this portfolio to eventually be as much as a 50/50 split between stocks and bonds. As seen below, it is currently 58/42.

I am in no rush to flip into bonds. I would rather let my winners run forever. However, if in any given month I see no stocks that present themselves as especially good buying opportunities, I have no reservations in simply adding to my bond and/or preferred stock ETFs. It is truly a month-to-month situation (as it has always been!).

For the foreseeable future, I want to track my Big Five Two every month, whether I buy them or not.

Amazon (AMZN)

• $1.60T market cap
• no dividend
• $321.8B revenue
• 40% revenue growth
• $71.4B cash
• $91.4B debt
• $51.2B operating cash flow
• $33.7B free cash flow

Microsoft (MSFT)

• $1.59T market cap
• 1.1% dividend yield
• $143.0B revenue
• 13% revenue growth
• $136.5B cash
• $82.1B debt
• $60.7B operating cash flow
• $34.3B free cash flow

Here's my current portfolio (buy and hold). As always, I believe in all of these stocks/ETFs - until I sell them.

Amazon (AMZN) 13.64%
iShares Broad USD High Yield Corporate Bond ETF (USHY) 11.75%
Xtrackers USD High Yield Corporate Bond ETF (HYLB) 11.73%
iShares Core U.S. Aggregate Bond ETF (AGG) 10.79%
Microsoft (MSFT) 10.13%
Global X U.S. Preferred ETF (PFFD) 7.47%
Invesco QQQ Trust (QQQ) 3.72%
Alphabet (GOOGL) 3.52%
Facebook (FB) 2.75%
Intuitive Surgical (ISRG) 2.32%
Adobe (ADBE) 2.13%
Salesforce (CRM) 1.81%
Costco Wholesale (COST) 1.34%
Visa (V) 1.28%
UnitedHealth Group (UNH) 1.25%
Autodesk (ADSK) 0.63%

The End Of The Innocence: Sold TSLA, NVDA, AAPL, AMD

Remember when the days were long
And rolled beneath a deep blue sky
Didn't have a care in the world

I've been meaning to write my September update for a while now, but things kept on happening...

On September 1st, I bought (more) of AGG, HYLB, PFFD, and USHY.

On September 4th, the first of my recently-established stop-losses triggered for TSLA.  I used the (substantial) proceeds from this to buy (even more) AGG, HYLB, PFFD, and USHY; and also establish a new holding in QQQ.

On September 8th, my stop-loss triggered for NVDA.

On September 11th, my stop-loss triggered for AAPL and AMD.

It is difficult to overstate how important these particular stocks have been for my portfolio.

Tesla - due to both the size of the investment, and its extraordinary performance - had an especially large importance.  The gains from TSLA alone exceeded the value of my entire portfolio through the first 19 years of my investing career.

The result of these sales is a lot of cash...now my largest holding.  I plan to use the proceeds primarily towards QQQ, AGG, HYLB, PFFD, and USHY over the upcoming months.

As if that wasn't enough, the super-secret high-conviction stock in my Roth IRA was also sold on September 3rd via stop-loss trigger.  The proceeds from this sale re-established a 50/50 split between AGG and two new high-conviction stocks.  I will soon update my Grand Unified Theory accordingly.

Boilerplate time...

As a stretch goal: for dividend income purposes, I'd like this portfolio to eventually be as much as a 50/50 split between stocks and bonds. As seen below, it is currently 66/34.

I am in no rush to flip into bonds. I would rather let my winners run forever. However, if in any given month I see no stocks that present themselves as especially good buying opportunities, I have no reservations in simply adding to my bond and/or preferred stock ETFs. It is truly a month-to-month situation (as it has always been!).

For the foreseeable future, I want to track my Big Five Two every month, whether I buy them or not.

Amazon (AMZN)

• $1.58T market cap
• no dividend
• $321.8B revenue
• 40% revenue growth
• $71.4B cash
• $91.4B debt
• $51.2B operating cash flow
• $33.7B free cash flow

Microsoft (MSFT)

• $1.58T market cap
• 1.0% dividend yield
• $143.0B revenue
• 13% revenue growth
• $136.5B cash
• $82.1B debt
• $60.7B operating cash flow
• $34.3B free cash flow

Here's my current portfolio (buy and hold). As always, I believe in all of these stocks/ETFs - until I sell them.

Amazon (AMZN) 11.90%
iShares Broad USD High Yield Corporate Bond ETF (USHY) 9.55%
Xtrackers USD High Yield Corporate Bond ETF (HYLB) 9.53%
iShares Core U.S. Aggregate Bond ETF (AGG) 9.53%
Microsoft (MSFT) 8.87%
Global X U.S. Preferred ETF (PFFD) 4.94%
Invesco QQQ Trust (QQQ) 3.27%
Alphabet (GOOGL) 3.20%
Facebook (FB) 2.49%
Intuitive Surgical (ISRG) 2.07%
Adobe (ADBE) 1.92%
Salesforce (CRM) 1.59%
Visa (V) 1.14%
Costco Wholesale (COST) 1.13%
UnitedHealth Group (UNH) 1.06%
Autodesk (ADSK) 0.57%

(Preferred) Stock(/Bond ETF)s Of The Month: AGG, HYLB, PFFD, USHY

First...a triggered sale! During its most recent earnings call, Intel (INTC) announced that they are considering exiting the chip manufacturing business, as they are experiencing delays with their 7nm process. Self-announcing that they are now a second-rate chip manufacturer, paired with their existing rank of third-rate chip designer, was not well received by the market. Intel had already been flirting with my stop-loss trigger order for a while; with this news, the stock price cratered right through it.

A holding since 2010, INTC gained a dollar-cost-averaged 54% (4% annualized). I hope that Intel will return to its status as a great American innovator - in the meantime, current holdings AMD and NVDA will stand to benefit from Intel's miscues, particularly in desktops/laptops and the cloud. The proceeds from this sale went mostly to PFFD, and the rest to AGG, HYLB, and USHY.


Boilerplate time...

As a stretch goal: for dividend income purposes, I'd like this portfolio to eventually be as much as a 50/50 split between stocks and bonds. As seen below, it is currently 95/5 - and even if tomorrow all of my stop-loss trigger orders were executed, it would be just 78/22.

I am in no rush to flip into bonds. I would rather let my winners run forever. However, if in any given month I see no stocks that present themselves as especially good buying opportunities, I have no reservations in simply adding to my bond and/or preferred stock ETFs. It is truly a month-to-month situation (as it has always been!).

For the foreseeable future, I want to track my Big Five every month, whether I buy them or not.

Amazon (AMZN)

• $1.60T market cap
• no dividend
• $321.8B revenue
• 40% revenue growth
• $71.4B cash
• $91.4B debt
• $51.2B operating cash flow
• $33.7B free cash flow

Apple (AAPL)

• $1.87T market cap
• 0.8% dividend yield
• $273.9B revenue
• 11% revenue growth
• $93.0B cash
• $122.2B debt
• $80.0B operating cash flow
• $52.3B free cash flow

Microsoft (MSFT)

• $1.64T market cap
• 1.0% dividend yield
• $143.0B revenue
• 13% revenue growth
• $136.5B cash
• $82.1B debt
• $60.7B operating cash flow
• $34.3B free cash flow

NVIDIA (NVDA)

• $270.9B market cap
• 0.2% dividend yield
• $11.8B revenue
• 39% revenue growth
• $16.4B cash
• $7.6B debt
• $5.0B operating cash flow
• $3.2B free cash flow

Tesla (TSLA)

• $276.7B market cap
• no dividend
• $25.7B revenue
• -5% revenue growth
• $8.6B cash
• $15.5B debt
• $2.7B operating cash flow
• $1.1B free cash flow

Here's my current portfolio (buy and hold). As always, I believe in all of these stocks/ETFs - until I sell them.

Tesla (TSLA) 26.66%
NVIDIA (NVDA) 16.29%
Amazon (AMZN) 13.13%
Apple (AAPL) 11.81%
Microsoft (MSFT) 10.30%
Alphabet (GOOGL) 3.46%
Facebook (FB) 2.58%
Intuitive Surgical (ISRG) 2.23%
Adobe (ADBE) 1.93%
Salesforce (CRM) 1.44%
iShares Broad USD High Yield Corporate Bond ETF (USHY) 1.27%
Xtrackers USD High Yield Corporate Bond ETF (HYLB) 1.27%
iShares Core U.S. Aggregate Bond ETF (AGG) 1.22%
Costco Wholesale (COST) 1.21%
Visa (V) 1.18%
UnitedHealth Group (UNH) 1.17%
Global X U.S. Preferred ETF (PFFD) 1.13%
Advanced Micro Devices (AMD) 1.09%
Autodesk (ADSK) 0.64%

(Preferred) Stock (ETF) Of The Month: PFFD

After reading this article, I decided that I needed to add a preferred stock ETF to my portfolio. Global X U.S. Preferred ETF (PFFD) is the only one that I could find with an expense ratio (a still-not-insignificant 0.23%) that I can stomach.


Boilerplate time...

As a stretch goal: for dividend income purposes, I'd like this portfolio to eventually be as much as a 50/50 split between stocks and bonds. As seen below, it is currently 96/4 - and even if tomorrow all of my stop-loss trigger orders were executed, it would be just 78/22.

I am in no rush to flip into bonds. I would rather let my winners run forever. However, if in any given month I see no stocks that present themselves as especially good buying opportunities, I have no reservations in simply adding to my bond and/or preferred stock ETFs. It is truly a month-to-month situation (as it has always been!).

For the foreseeable future, I want to track my Big Five every month, whether I buy them or not.

Amazon (AMZN)

• $1.54T market cap
• no dividend
• $296.3B revenue
• 26% revenue growth
• $49.3B cash
• $78.2B debt
• $39.7B operating cash flow
• $26.7B free cash flow

Apple (AAPL)

• $1.65T market cap
• 0.9% dividend yield
• $268.0B revenue
• 1% revenue growth
• $94.1B cash
• $118.8B debt
• $75.4B operating cash flow
• $45.0B free cash flow

Microsoft (MSFT)

• $1.61T market cap
• 1.0% dividend yield
• $138.7B revenue
• 15% revenue growth
• $137.6B cash
• $84.0B debt
• $58.1B operating cash flow
• $36.2B free cash flow

NVIDIA (NVDA)

• $251.3B market cap
• 0.2% dividend yield
• $11.8B revenue
• 39% revenue growth
• $16.4B cash
• $7.6B debt
• $5.0B operating cash flow
• $3.2B free cash flow

Tesla (TSLA)

• $253.3B market cap
• no dividend
• $26.0B revenue
• 32% revenue growth
• $8.1B cash
• $15.2B debt
• $2.6B operating cash flow
• $1.6B free cash flow

Here's my current portfolio (buy and hold). As always, I believe in all of these stocks - until I sell them.

Tesla (TSLA) 26.10%
NVIDIA (NVDA) 16.08%
Amazon (AMZN) 13.83%
Apple (AAPL) 11.00%
Microsoft (MSFT) 10.78%
Alphabet (GOOGL) 3.73%
Facebook (FB) 2.65%
Adobe (ADBE) 2.10%
Intuitive Surgical (ISRG) 2.00%
Salesforce (CRM) 1.51%
Visa (V) 1.29%
Costco Wholesale (COST) 1.24%
UnitedHealth Group (UNH) 1.23%
iShares Broad USD High Yield Corporate Bond ETF (USHY) 1.19%
Xtrackers USD High Yield Corporate Bond ETF (HYLB) 1.18%
iShares Core U.S. Aggregate Bond ETF (AGG) 1.15%
Intel (INTC) 1.12%
Advanced Micro Devices (AMD) 0.80%
Autodesk (ADSK) 0.70%
Global X U.S. Preferred ETF (PFFD) 0.32%

Searching With My Good Eye Closed: 170 Stocks That I Don't Own, And Wish I Could (2020 Edition)

If I took you for a ride, would you take it wrong?
Or would you make it right, make it right?
Looking for a pedestal that I can put you on
And be on my way, on my way

Fun fact: I have 10 "watchlists", broken out by sector, which in total contain 761 stocks. These watchlists mostly consist of stocks that at some point in time made me say "wow, that is interesting", followed by me forgetting about them entirely, followed by me looking at them and saying "what is this, and why is it here?"

I also have a 11th watchlist entitled "Short List" consisting of the stocks that I actually pay attention to, and have varying degrees of intent for addition to my portfolio in the future.

I have completed the yearly effort to update the "Short List" by combing through all 11 watchlists, looking for one particular characteristic: the stock must have consistently outperformed the market, across several historical time horizons.

The following 170 stocks made the cut. They may have questionable valuation/financials, or lack upside due to shear size, or participate in a boring business, or represent additional risks going forward; but if the point of investing in individual stocks is to beat the broader market, all of these stocks have a history of doing exactly just that...which may be the most fundamental characteristic of all.

I will track these and post an update one year from now. Find out how the choices of the last four years performed: 2019, 2018, 2017, 2016.

NAME	SYMBOL	CURRENT MKT CAP	# YEARS ON LIST
Tencent Holdings Limited	TCEHY	609.651B	-
Alibaba Group Holding Limited	BABA	581.568B	3
Taiwan Semiconductor Manufacturing Company Limited	TSM	277.081B	-
The Home Depot, Inc.	HD	269.429B	4
PayPal Holdings, Inc.	PYPL	204.543B	3
Netflix, Inc.	NFLX	200.128B	4
Danaher Corporation	DHR	125.022B	1
American Tower Corporation (REIT)	AMT	114.612B	-
Shopify Inc.	SHOP	113.363B	1
Pinduoduo Inc.	PDD	102.805B	-
Lowe's Companies, Inc.	LOW	102.016B	1
Sony Corporation	SNE	83.703B	1
S&P Global Inc.	SPGI	79.372B	-
ServiceNow, Inc.	NOW	77.247B	3
Vertex Pharmaceuticals Incorporated	VRTX	75.271B	-
Zoom Video Communications, Inc.	ZM	71.524B	1
Crown Castle International Corp. (REIT)	CCI	69.743B	1
Prologis, Inc.	PLD	68.932B	1
Fiserv, Inc.	FISV	65.355B	2
Equinix, Inc. (REIT)	EQIX	62.164B	1
Target Corporation	TGT	59.967B	1
NetEase, Inc.	NTES	59.237B	-
The Sherwin-Williams Company	SHW	52.469B	1
Moody's Corporation	MCO	51.512B	3
Humana Inc.	HUM	51.263B	-
Sea Limited	SE	50.722B	-
MercadoLibre, Inc.	MELI	49.003B	-
Spotify Technology S.A.	SPOT	48.012B	-
Dollar General Corporation	DG	47.956B	1
Lam Research Corporation	LRCX	46.954B	-
Square, Inc.	SQ	46.105B	3
Atlassian Corporation Plc	TEAM	44.243B	1
Workday, Inc.	WDAY	44.03B	1
Lululemon Athletica Inc.	LULU	40.626B	1
TAL Education Group	TAL	40.467B	1
DexCom, Inc.	DXCM	38.228B	2
Veeva Systems Inc.	VEEV	35.197B	3
DocuSign, Inc.	DOCU	31.602B	-
Splunk Inc.	SPLK	31.567B	1
Twilio Inc.	TWLO	30.73B	1
Match Group, Inc.	MTCH	30.418B	-
KLA Corporation	KLAC	30.154B	-
Seattle Genetics, Inc.	SGEN	29.413B	-
Synopsys, Inc.	SNPS	29.404B	-
Chipotle Mexican Grill, Inc.	CMG	29.351B	1
ZTO Express (Cayman) Inc.	ZTO	28.777B	-
IDEXX Laboratories, Inc.	IDXX	28.041B	2
CoStar Group, Inc.	CSGP	27.972B	3
MSCI Inc.	MSCI	27.906B	-
IAC/InterActiveCorp	IAC	27.478B	3
Cadence Design Systems, Inc.	CDNS	26.791B	-
Datadog, Inc.	DDOG	26.031B	-
RingCentral, Inc.	RNG	25.053B	-
ANSYS, Inc.	ANSS	24.971B	3
Okta, Inc.	OKTA	24.95B	1
Nikola Corporation	NKLA	24.372B	-
Constellation Software Inc.	CNSWF	23.976B	-
Moderna, Inc.	MRNA	23.836B	-
Fortinet, Inc.	FTNT	22.19B	1
Genmab A/S	GMAB	22.075B	-
CrowdStrike Holdings, Inc.	CRWD	21.662B	1
New Oriental Education & Technology Group Inc.	EDU	20.632B	-
Old Dominion Freight Line, Inc.	ODFL	20.003B	-
Nasdaq, Inc.	NDAQ	19.602B	4
MarketAxess Holdings Inc.	MKTX	18.99B	1
The Trade Desk, Inc.	TTD	18.723B	1
Wayfair Inc.	W	18.701B	-
Coupa Software Incorporated	COUP	18.582B	-
Citrix Systems, Inc.	CTXS	18.26B	-
Paycom Software, Inc.	PAYC	18.14B	4
Peloton Interactive, Inc.	PTON	16.362B	-
Teladoc Health, Inc.	TDOC	14.953B	2
Domino's Pizza, Inc.	DPZ	14.452B	-
GSX Techedu Inc.	GSX	14.316B	-
Zscaler, Inc.	ZS	14.292B	-
Jack Henry & Associates, Inc.	JKHY	14.1B	-
Roku, Inc.	ROKU	14.067B	2
EPAM Systems, Inc.	EPAM	14.022B	1
Teradyne, Inc.	TER	14.009B	1
Tyler Technologies, Inc.	TYL	13.793B	-
Wix.com Ltd.	WIX	13.298B	-
Tradeweb Markets Inc.	TW	13.133B	-
Zillow Group, Inc.	Z	12.7B	4
Etsy, Inc.	ETSY	12.607B	-
Masimo Corporation	MASI	12.338B	1
Fair Isaac Corporation	FICO	12.125B	3
NICE Ltd.	NICE	11.926B	2
MongoDB, Inc.	MDB	11.471B	-
Dynatrace, Inc.	DT	11.403B	-
Neurocrine Biosciences, Inc.	NBIX	11.33B	-
Ubiquiti Inc.	UI	11.117B	4
Nordson Corporation	NDSN	10.943B	-
DraftKings Inc.	DKNG	10.926B	-
Cloudflare, Inc.	NET	10.917B	-
Abiomed, Inc.	ABMD	10.86B	-
Pool Corporation	POOL	10.857B	-
Alteryx, Inc.	AYX	10.836B	1
StoneCo Ltd.	STNE	10.738B	-
Cable One, Inc.	CABO	10.679B	-
Monolithic Power Systems, Inc.	MPWR	10.603B	-
Avalara, Inc.	AVLR	10.437B	-
Cognex Corporation	CGNX	10.253B	-
Zendesk, Inc.	ZEN	10.112B	-
HubSpot, Inc.	HUBS	9.788B	-
Quidel Corporation	QDEL	9.397B	-
NIO Inc.	NIO	8.798B	-
Fastly, Inc.	FSLY	8.792B	-
10x Genomics, Inc.	TXG	8.785B	-
Charles River Laboratories International, Inc.	CRL	8.628B	1
Beyond Meat, Inc.	BYND	8.338B	1
Ciena Corporation	CIEN	8.321B	1
Chegg, Inc.	CHGG	8.316B	-
Pegasystems Inc.	PEGA	8.103B	1
Elastic N.V.	ESTC	7.864B	-
Paylocity Holding Corporation	PCTY	7.832B	1
Generac Holdings Inc.	GNRC	7.643B	-
Trex Company, Inc.	TREX	7.525B	-
Livongo Health, Inc.	LVGO	7.355B	-
Five9, Inc.	FIVN	7.166B	1
Bill.com Holdings, Inc.	BILL	7.093B	-
The New York Times Company	NYT	6.971B	-
SolarEdge Technologies, Inc.	SEDG	6.888B	-
OneConnect Financial Technology Co., Ltd.	OCFT	6.743B	-
The Boston Beer Company, Inc.	SAM	6.536B	1
Repligen Corporation	RGEN	6.466B	-
Cree, Inc.	CREE	6.402B	2
Anaplan, Inc.	PLAN	6.232B	-
Manhattan Associates, Inc.	MANH	5.981B	-
Enphase Energy, Inc.	ENPH	5.956B	-
Globant S.A.	GLOB	5.928B	-
Axon Enterprise, Inc.	AAXN	5.871B	-
Inphi Corporation	IPHI	5.665B	1
AppFolio, Inc.	APPF	5.573B	-
BJ's Wholesale Club Holdings, Inc.	BJ	5.166B	-
RH	RH	4.802B	-
SiteOne Landscape Supply, Inc.	SITE	4.773B	-
Everbridge, Inc.	EVBG	4.754B	-
CRISPR Therapeutics AG	CRSP	4.721B	-
BlackLine, Inc.	BL	4.675B	-
The Descartes Systems Group Inc	DSGX	4.446B	-
Emergent BioSolutions Inc.	EBS	4.146B	-
Redfin Corporation	RDFN	4.127B	-
Cogent Communications Holdings, Inc.	CCOI	3.648B	1
Power Integrations, Inc.	POWI	3.525B	-
Fox Factory Holding Corp.	FOXF	3.42B	1
PennyMac Financial Services, Inc.	PFSI	3.311B	-
Alarm.com Holdings, Inc.	ALRM	3.16B	1
Stamps.com Inc.	STMP	3.138B	-
Bandwidth Inc.	BAND	3.03B	-
Futu Holdings Limited	FUTU	2.97B	-
SPS Commerce, Inc.	SPSC	2.624B	-
Camping World Holdings, Inc.	CWH	2.397B	-
Sunrun Inc.	RUN	2.373B	-
Inspire Medical Systems, Inc.	INSP	2.321B	-
LGI Homes, Inc.	LGIH	2.207B	-
Palomar Holdings, Inc.	PLMR	2.08B	-
AeroVironment, Inc.	AVAV	1.916B	-
Cardlytics, Inc.	CDLX	1.887B	-
Cerence Inc.	CRNC	1.49B	-
Sapiens International Corporation N.V.	SPNS	1.405B	-
Inseego Corp.	INSG	1.121B	-
Digital Turbine, Inc.	APPS	1.098B	-
Simulations Plus, Inc.	SLP	1.063B	-
Daqo New Energy Corp.	DQ	1.032B	-
AudioCodes Ltd.	AUDC	0.972B	-
Purple Innovation, Inc.	PRPL	0.970B	-
Axcelis Technologies, Inc.	ACLS	0.916B	-
Zynex, Inc.	ZYXI	0.825B	-
GAN Limited	GAN	0.736B	-
Intellicheck, Inc.	IDN	0.136B	-