Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.84%
trims when stocks drop
when a holding falls −10%+
Middle response
-13.29%
baseline attrition
Rally response
-7.75%
trims into rallies
when a holding rises +10%+
Top positions · 14
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AGGiShares Core U.S. Aggreg | $668M | 78.5% | — | 8.3 yr |
| VOOVanguard S&P 500 ETF | $56M | 6.6% | — | 10.3 yr |
| NEARiShares Short Duration B | $25M | 2.9% | — | 1.3 yr |
| VXUSVanguard Total Internati | $19M | 2.2% | — | 10.3 yr |
| VCSHVanguard Short-Term Corp | $13M | 1.6% | — | 10.0 yr |
| VCITVanguard Intermediate-Te | $13M | 1.6% | — | 10.0 yr |
| VCLTVanguard Long-Term Corpo | $13M | 1.6% | — | 10.3 yr |
| BNDVanguard Total Bond Mark | $13M | 1.5% | — | 10.3 yr |
| BSVVanguard Short-Term Bond | $11M | 1.3% | — | 10.3 yr |
| VXFVanguard Extended Market | $10M | 1.2% | — | 10.3 yr |
| IVWiShares S&P 500 Growth E | $4M | 0.5% | — | 10.0 yr |
| TIPiShares TIPS Bond ETF | $4M | 0.4% | — | 10.3 yr |
| RANIRani Therapeutics Holdin | $0M | 0.0% | -41.7% | 4.3 yr |
| IVEiShares S&P 500 Value ET | $0M | 0.0% | — | 5.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management90.9%+61.0pp$773M
Asset Management - Bonds9.1%+2.4pp$78M
Biotechnology0.0%-0.4pp$0M
Country
US100.0%+5.4pp
Top 5: 91.8% · Top 10: 99.0% · Top 25: 100.0%
Top sells this quarter · 14
| AGG iShares Core U.S. Aggregate Bo | −$0M |
| IVW iShares S&P 500 Growth ETF | −$0M |
| BND Vanguard Total Bond Market ETF | −$0M |
| VCSH Vanguard Short-Term Corporate | −$0M |
| VCLT Vanguard Long-Term Corporate B | −$0M |
| VCIT Vanguard Intermediate-Term Cor | −$0M |
| VOO Vanguard S&P 500 ETF | −$0M |
| VXF Vanguard Extended Market ETF | −$0M |
| SPAB State Street SPDR Portfolio Agexit | −$0M |
| VIG Vanguard Dividend Appreciationexit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $851M | 14 | +46.88% | +17.59% | +29.29% | -0.01B |
| 2025-12-31 | $1.58B | 20 | +176.00% | +17.72% | +158.28% | -2.28B |
| 2025-09-30 | $1.43B | 20 | +2.46% | +17.52% | -15.06% | +0.49B |
| 2025-06-30 | $963M | 19 | +13.35% | +14.94% | -1.60% | -2.38B |
| 2025-03-31 | $3.25B | 1070 | +11.16% | +8.30% | +2.86% | +0.11B |
| 2024-12-31 | $3.07B | 389 | +18.18% | +24.89% | -6.71% | -0.87B |
| 2024-09-30 | $3.92B | 380 | +27.47% | +36.04% | -8.56% | -0.32B |
| 2024-06-30 | $3.95B | 452 | +15.86% | +24.49% | -8.63% | -0.15B |
| 2024-03-31 | $4.07B | 446 | +19.96% | +29.62% | -9.66% | -0.84B |
| 2023-12-31 | $4.51B | 442 | +12.67% | +26.18% | -13.51% | +0.22B |
| 2023-09-30 | $3.97B | 398 | +15.63% | +21.57% | -5.94% | +0.56B |
| 2023-06-30 | $3.49B | 344 | +11.37% | +19.42% | -8.05% | +0.24B |
| 2023-03-31 | $3.11B | 327 | -5.26% | -7.82% | +2.55% | -1.35B |
| 2022-12-31 | $4.37B | 543 | +11.00% | +7.56% | +3.44% | +0.39B |
| 2022-09-30 | $3.59B | 558 | -5.81% | -4.93% | -0.88% | -0.02B |
| 2022-06-30 | $3.83B | 553 | -11.27% | -16.11% | +4.84% | -0.90B |