Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.54%
adds when stocks drop
when a holding falls −10%+
Middle response
-0.86%
baseline attrition
Rally response
-4.45%
trims into rallies
when a holding rises +10%+
Top positions · 14
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| MTZMasTec, Inc. | $47M | 18.1% | +175.7% | 0.8 yr |
| IEFAiShares Core MSCI EAFE E | $36M | 14.0% | — | 0.8 yr |
| MSFTMicrosoft Corporation | $30M | 11.5% | -0.6% | 5.8 yr |
| AVGOBroadcom Inc. | $27M | 10.5% | +86.0% | 1.5 yr |
| UNPUnion Pacific Corporatio | $25M | 9.6% | +5.1% | 0.3 yr |
| CRH.LCRH plc | $19M | 7.5% | — | 2.0 yr |
| VOVanguard Mid-Cap ETF | $17M | 6.7% | — | 2.8 yr |
| VBRVanguard Small-Cap Value | $17M | 6.6% | — | 2.8 yr |
| RKTRocket Companies, Inc. | $15M | 6.0% | +18.1% | 5.3 yr |
| ZZillow Group, Inc. Class | $14M | 5.6% | -39.6% | 1.8 yr |
| LZLegalZoom.com, Inc. | $5M | 2.0% | -34.1% | 4.5 yr |
| SPYState Street SPDR S&P 50 | $3M | 1.1% | +17.6% | 1.3 yr |
| EPSNEpsilon Energy Ltd. | $1M | 0.4% | -9.0% | 0.5 yr |
| NAUTNautilus Biotechnology, | $1M | 0.3% | +350.6% | 5.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management28.4%+8.2pp$73M
Engineering & Construction18.1%$47M
Software - Infrastructure11.5%+0.2pp$30M
Semiconductors10.5%+5.0pp$27M
Railroads9.6%$25M
Construction Materials7.5%-1.6pp$19M
Financial - Mortgages6.0%+0.3pp$15M
Internet Content & Information5.6%-3.4pp$14M
Specialty Business Services2.0%-1.9pp$5M
Oil & Gas Exploration & Production0.4%$1M
Country
US92.5%+1.6pp
IE7.5%-1.6pp
Top 5: 63.8% · Top 10: 96.2% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $257M | 14 | +25.53% | +17.59% | +7.94% | -0.01B |
| 2025-12-31 | $288M | 16 | +31.71% | +17.72% | +13.99% | -0.05B |
| 2025-09-30 | $324M | 15 | +23.86% | +17.52% | +6.34% | +0.04B |
| 2025-06-30 | $263M | 14 | +17.70% | +14.94% | +2.76% | -0.05B |
| 2025-03-31 | $264M | 14 | -4.51% | +8.30% | -12.81% | +0.04B |
| 2024-12-31 | $236M | 13 | +12.52% | +24.89% | -12.37% | +0.01B |
| 2024-09-30 | $229M | 13 | +40.35% | +36.04% | +4.31% | +0.01B |
| 2024-06-30 | $209M | 12 | +33.23% | +24.49% | +8.74% | +0.00B |
| 2024-03-31 | $214M | 12 | +55.43% | +29.62% | +25.80% | -0.03B |
| 2023-12-31 | $213M | 14 | +56.27% | +26.18% | +30.09% | +0.01B |
| 2023-09-30 | $167M | 13 | +21.44% | +21.57% | -0.13% | -0.01B |
| 2023-06-30 | $177M | 11 | +20.42% | +19.42% | +0.99% | -0.05B |
| 2023-03-31 | $203M | 13 | -24.19% | -7.82% | -16.37% | -0.02B |
| 2022-12-31 | $192M | 14 | -4.14% | +7.56% | -11.70% | +0.01B |
| 2022-09-30 | $192M | 14 | -2.60% | -4.93% | +2.33% | -0.01B |
| 2022-06-30 | $204M | 16 | -28.82% | -16.11% | -12.71% | +0.01B |