Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.00%
trims when stocks drop
when a holding falls −10%+
Middle response
-5.63%
baseline attrition
Rally response
+2.64%
adds into rallies
when a holding rises +10%+
Top positions · 5
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| RIVNRivian Automotive, Inc. | $2.38B | 90.6% | +20.9% | 4.5 yr |
| BETABETA Technologies, Inc. | $173M | 6.6% | — | 0.5 yr |
| MRVLMarvell Technology, Inc. | $39M | 1.5% | +61.3% | 4.5 yr |
| ALABAstera Labs, Inc. Common | $30M | 1.2% | +83.7% | 2.3 yr |
| NAUTNautilus Biotechnology, | $6M | 0.2% | +350.6% | 5.0 yr |
Portfolio composition (YoY)
Industry mix
Auto - Manufacturers90.6%+9.1pp$2.38B
Aerospace & Defense6.6%$173M
Semiconductors2.6%-2.1pp$70M
Biotechnology0.2%+0.2pp$6M
Country
US100.0%+0.0pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| RIVN | $1.97B | +0.41B | 20.9% |
| ALAB | $17M | +0.01B | 83.7% |
| MRVL | $14M | +0.01B | 61.3% |
| NAUT | $1M | +0.00B | 350.6% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 1
| MRVL Marvell Technology, Inc. | +$17M |
Top sells this quarter · 1
| IONQ IonQ, Inc.exit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $2.63B | 5 | +21.63% | +17.59% | +4.04% | +0.02B |
| 2025-12-31 | $3.52B | 6 | +50.88% | +17.72% | +33.16% | +0.28B |
| 2025-09-30 | $2.46B | 7 | +41.84% | +17.52% | +24.32% | -0.17B |
| 2025-06-30 | $2.43B | 9 | +11.54% | +14.94% | -3.40% | -0.36B |
| 2025-03-31 | $2.42B | 9 | +17.32% | +8.30% | +9.02% | -0.07B |
| 2024-12-31 | $2.70B | 9 | -37.57% | +24.89% | -62.46% | -0.02B |
| 2024-09-30 | $2.21B | 10 | -50.67% | +36.04% | -86.70% | +0.06B |
| 2024-06-30 | $2.53B | 10 | -17.53% | +24.49% | -42.02% | -0.04B |
| 2024-03-31 | $2.12B | 10 | -26.46% | +29.62% | -56.09% | +0.09B |
| 2023-12-31 | $4.14B | 9 | +26.89% | +26.18% | +0.71% | -0.04B |
| 2023-09-30 | $4.28B | 9 | -26.73% | +21.57% | -48.29% | -0.12B |
| 2023-06-30 | $3.09B | 9 | -34.35% | +19.42% | -53.77% | +0.07B |
| 2023-03-31 | $2.80B | 8 | -68.87% | -7.82% | -61.06% | -0.01B |
| 2022-12-31 | $3.33B | 8 | -43.64% | +7.56% | -51.20% | +0.17B |
| 2022-09-30 | $5.61B | 9 | +27.50% | -4.93% | +32.43% | -0.17B |
| 2022-06-30 | $4.53B | 9 | -48.79% | -16.11% | -32.68% | +0.17B |