Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.60%
adds when stocks drop
when a holding falls −10%+
Middle response
-0.06%
baseline attrition
Rally response
-7.00%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| TIPiShares TIPS Bond ETF | $72M | 12.3% | — | 1.3 yr |
| STIPiShares 0-5 Year TIPS Bo | $56M | 9.5% | — | 1.3 yr |
| XLKState Street Technology | $31M | 5.3% | — | 6.8 yr |
| XLYState Street Consumer Di | $19M | 3.3% | — | 6.8 yr |
| VWOVanguard FTSE Emerging M | $17M | 2.9% | — | 10.5 yr |
| EFAiShares MSCI EAFE ETF | $15M | 2.6% | — | 10.5 yr |
| CECOCECO Environmental Corp. | $15M | 2.5% | +161.3% | 10.5 yr |
| XLIState Street Industrial | $15M | 2.5% | — | 10.5 yr |
| GOOGAlphabet Inc. | $12M | 2.1% | +84.3% | 10.5 yr |
| MCKMcKesson Corporation | $11M | 1.8% | +29.1% | 10.5 yr |
| AAPLApple Inc. | $10M | 1.7% | +14.7% | 10.5 yr |
| XLCState Street Communicati | $10M | 1.7% | — | 6.8 yr |
| XLVState Street Health Care | $10M | 1.7% | — | 6.8 yr |
| TTTrane Technologies plc | $9M | 1.5% | +24.8% | 6.3 yr |
| ACWXiShares MSCI ACWI ex U.S | $9M | 1.4% | — | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management52.4%-0.0pp$308M
Banks - Regional3.4%-0.5pp$20M
Software - Infrastructure3.4%-0.9pp$20M
Medical - Healthcare Information Services2.6%-1.4pp$15M
Industrial - Pollution & Treatment Controls2.5%+1.3pp$15M
Financial - Credit Services2.5%-0.8pp$15M
Internet Content & Information2.1%+0.8pp$12M
Oil & Gas Equipment & Services2.1%+0.0pp$12M
Medical - Distribution1.8%+0.3pp$11M
Packaged Foods1.7%+0.4pp$10M
Country
US96.8%-0.5pp
IE1.6%+0.1pp
Unknown1.5%+0.3pp
Top 5: 33.3% · Top 10: 44.7% · Top 25: 63.3%
Top buys this quarter · 15
| VMD Viemed Healthcare, Inc.new | +$3M |
| CECO CECO Environmental Corp. | +$0M |
| GOOG Alphabet Inc. | +$12M |
| MCK McKesson Corporation | +$0M |
| COF Capital One Financial Corporat | +$6M |
| TBRG TruBridge, Inc. | +$7M |
| MSFT Microsoft Corporation | +$7M |
| LCUT Lifetime Brands, Inc. | +$0M |
| AAPL Apple Inc. | +$10M |
| BJ BJ's Wholesale Club Holdings, | +$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $587M | 101 | +14.85% | +17.59% | -2.74% | +0.01B |
| 2025-12-31 | $583M | 100 | +11.88% | +17.72% | -5.84% | +0.00B |
| 2025-09-30 | $562M | 101 | +10.47% | +17.52% | -7.05% | -0.02B |
| 2025-06-30 | $543M | 105 | +11.13% | +14.94% | -3.81% | +0.00B |
| 2025-03-31 | $518M | 103 | +5.66% | +8.30% | -2.64% | +0.13B |
| 2024-12-31 | $404M | 102 | +15.37% | +24.89% | -9.52% | -0.03B |
| 2024-09-30 | $425M | 106 | +24.55% | +36.04% | -11.49% | -0.00B |
| 2024-06-30 | $397M | 105 | +12.35% | +24.49% | -12.15% | -0.01B |
| 2024-03-31 | $409M | 106 | +16.58% | +29.62% | -13.04% | -0.02B |
| 2023-12-31 | $405M | 107 | +14.63% | +26.18% | -11.55% | -0.01B |
| 2023-09-30 | $381M | 109 | +16.07% | +21.57% | -5.50% | -0.00B |
| 2023-06-30 | $396M | 108 | +12.75% | +19.42% | -6.68% | -0.01B |
| 2023-03-31 | $389M | 107 | -3.48% | -7.82% | +4.34% | -0.01B |
| 2022-12-31 | $379M | 108 | -11.40% | -18.17% | +6.78% | +0.01B |
| 2022-09-30 | $337M | 108 | -11.36% | -15.51% | +4.15% | +0.01B |
| 2022-06-30 | $350M | 107 | +40.23% | -10.62% | +50.85% | +0.00B |