Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.10%
adds when stocks drop
when a holding falls −10%+
Middle response
-5.86%
baseline attrition
Rally response
+3.19%
adds into rallies
when a holding rises +10%+
Top positions · 9
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| PWRQuanta Services, Inc. | $2.75B | 47.6% | +116.2% | 9.5 yr |
| DYDycom Industries, Inc. | $1.39B | 24.1% | +122.4% | 10.5 yr |
| MTZMasTec, Inc. | $1.15B | 19.9% | +175.7% | 7.3 yr |
| AMZNAmazon.com, Inc. | $199M | 3.4% | +9.5% | 4.8 yr |
| FCXFreeport-McMoRan Inc. | $195M | 3.4% | +57.4% | 1.8 yr |
| FSLRFirst Solar, Inc. | $78M | 1.3% | +56.0% | 1.3 yr |
| — | $11M | 0.2% | — | 1.0 yr |
| — | $3M | 0.1% | — | 0.8 yr |
| GOOGLAlphabet Inc. | $1M | 0.0% | — | 4.8 yr |
Portfolio composition (YoY)
Industry mix
Engineering & Construction91.6%-6.1pp$5.29B
Specialty Retail3.4%+3.4pp$199M
Copper3.4%$195M
Solar1.3%+0.1pp$78M
Unknown0.2%+0.2pp$14M
Internet Content & Information0.0%$1M
Country
US99.8%-0.2pp
Unknown0.2%+0.2pp
Top 5: 98.4% · Top 10: 100.0% · Top 25: 100.0%
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $5.78B | 9 | +121.90% | +17.59% | +104.31% | +0.76B |
| 2025-12-31 | $4.21B | 15 | +53.92% | +17.72% | +36.20% | +0.34B |
| 2025-09-30 | $3.62B | 12 | +44.83% | +17.52% | +27.32% | +0.03B |
| 2025-06-30 | $3.12B | 11 | +45.32% | +14.94% | +30.38% | +0.16B |
| 2025-03-31 | $1.96B | 7 | -0.05% | +8.30% | -8.36% | -0.08B |
| 2024-12-31 | $2.46B | 12 | +40.76% | +24.89% | +15.87% | +0.06B |
| 2024-09-30 | $2.39B | 6 | +66.26% | +36.04% | +30.22% | -0.30B |
| 2024-06-30 | $2.33B | 11 | +27.08% | +24.49% | +2.59% | -0.01B |
| 2024-03-31 | $2.25B | 10 | +44.83% | +29.62% | +15.20% | -0.18B |
| 2023-12-31 | $2.08B | 9 | +43.01% | +26.18% | +16.84% | +0.05B |
| 2023-09-30 | $1.72B | 8 | +28.46% | +21.57% | +6.90% | -0.11B |
| 2023-06-30 | $2.07B | 16 | +50.38% | +19.42% | +30.96% | -0.02B |
| 2023-03-31 | $1.76B | 34 | +17.28% | -7.82% | +25.10% | -0.02B |
| 2022-12-31 | $1.55B | 33 | +6.68% | +7.56% | -0.88% | +0.01B |
| 2022-09-30 | $1.45B | 34 | +3.13% | -4.93% | +8.06% | +0.04B |
| 2022-06-30 | $1.36B | 57 | -7.45% | -16.11% | +8.66% | +0.16B |