Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+4.12%
adds when stocks drop
when a holding falls −10%+
Middle response
+3.97%
steady accumulation
Rally response
-10.51%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| SNDXSyndax Pharmaceuticals, | $58M | 9.8% | +90.1% | 2.5 yr |
| NVDANVIDIA Corporation | $35M | 5.8% | +60.9% | 1.3 yr |
| NXENexGen Energy Ltd. | $29M | 4.9% | +158.4% | 2.5 yr |
| KEYSKeysight Technologies, I | $23M | 3.8% | +88.5% | 1.8 yr |
| WRBYWarby Parker Inc. | $22M | 3.7% | +15.6% | 0.8 yr |
| — | $19M | 3.2% | — | 0.8 yr |
| APGAPi Group Corporation | $18M | 3.1% | +70.0% | 5.8 yr |
| CARTInstacart (Maplebear Inc | $18M | 2.9% | -6.1% | 1.5 yr |
| HWMHowmet Aerospace Inc. | $16M | 2.7% | +78.1% | 0.8 yr |
| TSMTaiwan Semiconductor Man | $15M | 2.5% | +105.6% | 2.5 yr |
| ECGEverus Construction Grou | $15M | 2.5% | +218.3% | 1.5 yr |
| AHRAmerican Healthcare REIT | $14M | 2.4% | +58.5% | 0.5 yr |
| ICLNiShares Global Clean Ene | $13M | 2.1% | — | 0.3 yr |
| OLMAOlema Pharmaceuticals, I | $13M | 2.1% | +296.5% | 1.3 yr |
| GTXGarrett Motion Inc. | $13M | 2.1% | +121.3% | 0.8 yr |
Portfolio composition (YoY)
Industry mix
Biotechnology14.3%+7.5pp$85M
Aerospace & Defense11.0%+4.9pp$66M
Hardware, Equipment & Parts9.9%+8.0pp$59M
Semiconductors8.4%+3.0pp$50M
Engineering & Construction6.0%+1.9pp$36M
Unknown5.1%+3.2pp$30M
Uranium4.9%+3.0pp$29M
Specialty Retail4.8%-0.7pp$29M
REIT - Healthcare Facilities4.0%$24M
Medical - Instruments & Supplies3.7%$22M
Country
US75.7%-8.4pp
Unknown5.1%+3.2pp
CA4.9%+0.5pp
CH4.0%
IE4.0%-0.1pp
TW2.5%+0.7pp
SG1.9%+0.0pp
CN1.9%+0.1pp
Top 5: 28.0% · Top 10: 42.5% · Top 25: 72.9%
Top buys this quarter · 15
| DAR Darling Ingredients Inc.new | +$12M |
| BKD Brookdale Senior Living Inc.new | +$12M |
| VSEC VSE Corporationnew | +$11M |
| CR Crane Companynew | +$10M |
| NVDA NVIDIA Corporation | +$10M |
| CGNX Cognex Corporationnew | +$9M |
| GCO Genesco Inc.new | +$7M |
| AIR AAR Corp. | +$7M |
| GXO GXO Logistics, Inc.new | +$6M |
| CRDO Credo Technology Group Holdingnew | +$6M |
Top sells this quarter · 15
| AMD Advanced Micro Devices, Inc.exit | −$14M |
| KEYS Keysight Technologies, Inc. | −$14M |
| WMT Walmart Inc.exit | −$12M |
| CARR Carrier Global Corporationexit | −$11M |
| ULS UL Solutions Inc.exit | −$11M |
| TAP Molson Coors Beverage Companyexit | −$10M |
| NXPI NXP Semiconductors N.V.exit | −$9M |
| ECG Everus Construction Group, Inc | −$9M |
| LOAR Loar Holdings Inc.exit | −$9M |
| WDC Western Digital Corporationexit | −$8M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $597M | 52 | +30.88% | +17.59% | +13.29% | -0.06B |
| 2025-12-31 | $653M | 57 | +20.61% | +17.72% | +2.89% | -0.02B |
| 2025-09-30 | $638M | 64 | +10.86% | +17.52% | -6.65% | +0.05B |
| 2025-06-30 | $518M | 54 | +4.45% | +14.94% | -10.49% | +0.01B |
| 2025-03-31 | $466M | 53 | +0.99% | +8.30% | -7.31% | -0.06B |
| 2024-12-31 | $570M | 57 | +24.97% | +24.89% | +0.08% | -0.07B |
| 2024-09-30 | $652M | 67 | +33.40% | +36.04% | -2.63% | +0.01B |
| 2024-06-30 | $606M | 63 | +28.13% | +24.49% | +3.64% | -0.18B |
| 2024-03-31 | $744M | 68 | +34.65% | +29.62% | +5.03% | +0.16B |
| 2023-12-31 | $513M | 52 | +11.10% | +26.18% | -15.08% | -0.06B |
| 2023-09-30 | $547M | 55 | +5.31% | +21.57% | -16.26% | -0.04B |
| 2023-06-30 | $573M | 55 | -3.71% | +19.42% | -23.13% | +0.10B |
| 2023-03-31 | $426M | 45 | -41.76% | -7.82% | -33.94% | +0.06B |
| 2022-12-31 | $385M | 39 | -1.41% | +7.56% | -8.98% | +0.07B |
| 2022-09-30 | $323M | 47 | -6.61% | -4.93% | -1.68% | -0.02B |
| 2022-06-30 | $368M | 55 | -32.93% | -16.11% | -16.82% | -0.03B |