Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-0.25%
trims when stocks drop
when a holding falls −10%+
Middle response
-0.97%
baseline attrition
Rally response
-2.24%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $61M | 6.0% | +14.7% | 10.5 yr |
| NVDANVIDIA Corporation | $52M | 5.2% | +60.9% | 7.3 yr |
| MSFTMicrosoft Corporation | $32M | 3.2% | -0.6% | 10.5 yr |
| AMZNAmazon.com, Inc. | $29M | 2.9% | +9.5% | 6.3 yr |
| LLYEli Lilly and Company | $28M | 2.8% | +12.2% | 10.5 yr |
| METAMeta Platforms, Inc. | $26M | 2.6% | -0.4% | 10.5 yr |
| VVisa Inc. | $25M | 2.5% | -13.1% | 10.5 yr |
| GOOGAlphabet Inc. | $25M | 2.5% | +84.3% | 10.5 yr |
| GOOGLAlphabet Inc. | $25M | 2.4% | — | 10.5 yr |
| CATCaterpillar Inc. | $24M | 2.4% | +117.8% | 10.5 yr |
| COSTCostco Wholesale Corpora | $24M | 2.3% | +5.9% | 6.8 yr |
| AMATApplied Materials, Inc. | $22M | 2.1% | +137.6% | 8.0 yr |
| AMDAdvanced Micro Devices, | $20M | 1.9% | +98.0% | 2.5 yr |
| DEDeere & Company | $17M | 1.7% | +21.2% | 10.5 yr |
| CMICummins Inc. | $17M | 1.7% | +74.8% | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors11.2%+2.9pp$113M
Drug Manufacturers - General9.7%-0.3pp$98M
Internet Content & Information7.5%+1.4pp$76M
Software - Infrastructure6.2%+0.1pp$63M
Consumer Electronics6.0%+0.2pp$61M
Restaurants4.3%-0.6pp$44M
Industrial - Machinery4.2%+1.6pp$43M
Agricultural - Machinery4.1%+1.1pp$42M
Software - Application3.9%+0.6pp$40M
Financial - Credit Services3.6%-0.8pp$36M
Country
US96.3%+0.3pp
CA1.4%+0.1pp
Unknown0.6%-0.0pp
DE0.6%-0.1pp
NL0.5%+0.0pp
GB0.5%-0.2pp
CH0.0%+0.0pp
FR0.0%-0.0pp
Top 5: 20.0% · Top 10: 32.4% · Top 25: 56.8%
Top buys this quarter · 15
| WAT Waters Corporationnew | +$4M |
| CRWD CrowdStrike Holdings, Inc. | +$3M |
| CRM Salesforce, Inc. | +$8M |
| NFLX Netflix, Inc. | +$1M |
| UBER Uber Technologies, Inc. | +$9M |
| NOW ServiceNow, Inc. | +$7M |
| PANW Palo Alto Networks, Inc. | +$8M |
| ABBV AbbVie Inc. | +$13M |
| MSFT Microsoft Corporation | +$32M |
| AMZN Amazon.com, Inc. | +$29M |
Top sells this quarter · 15
| AMAT Applied Materials, Inc. | −$18M |
| CSX CSX Corporation | −$2M |
| BDX Becton, Dickinson and Company | −$1M |
| FDX FedEx Corporation | −$13M |
| CAT Caterpillar Inc. | −$20M |
| EA Electronic Arts Inc. | −$1M |
| PFE Pfizer Inc. | −$1M |
| PG The Procter & Gamble Company | −$1M |
| MKC McCormick & Company, Incorpora | −$1M |
| ADBE Adobe Inc. | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.01B | 124 | +12.02% | +17.59% | -5.57% | +0.01B |
| 2025-12-31 | $1.06B | 124 | +13.89% | +17.72% | -3.83% | -0.03B |
| 2025-09-30 | $1.05B | 124 | +9.10% | +17.52% | -8.41% | -0.01B |
| 2025-06-30 | $1.01B | 123 | +8.78% | +14.94% | -6.16% | -0.01B |
| 2025-03-31 | $938M | 122 | +1.12% | +8.30% | -7.18% | -0.01B |
| 2024-12-31 | $983M | 126 | +11.76% | +24.89% | -13.12% | -0.01B |
| 2024-09-30 | $1.00B | 126 | +24.90% | +36.04% | -11.14% | +0.00B |
| 2024-06-30 | $954M | 120 | +15.58% | +24.49% | -8.91% | +0.00B |
| 2024-03-31 | $945M | 124 | +22.10% | +29.62% | -7.52% | +0.00B |
| 2023-12-31 | $882M | 121 | +21.58% | +26.18% | -4.60% | -0.01B |
| 2023-09-30 | $802M | 120 | +20.35% | +21.57% | -1.22% | -0.01B |
| 2023-06-30 | $841M | 120 | +16.36% | +19.42% | -3.06% | -0.02B |
| 2023-03-31 | $810M | 124 | -5.13% | -7.82% | +2.68% | -0.01B |
| 2022-12-31 | $768M | 124 | +10.06% | +7.56% | +2.50% | +0.00B |
| 2022-09-30 | $696M | 122 | -6.69% | -4.93% | -1.76% | -0.00B |
| 2022-06-30 | $747M | 118 | -13.20% | -16.11% | +2.91% | -0.04B |