Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.44%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.32%
steady accumulation
Rally response
-0.66%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $89M | 3.8% | +14.7% | 10.3 yr |
| SCHBSchwab U.S. Broad Market | $67M | 2.9% | — | 10.3 yr |
| VTIVanguard Total Stock Mar | $60M | 2.6% | — | 10.3 yr |
| — | $59M | 2.6% | — | 10.3 yr |
| MSFTMicrosoft Corporation | $59M | 2.6% | -0.6% | 10.3 yr |
| AMZNAmazon.com, Inc. | $47M | 2.0% | +9.5% | 10.3 yr |
| SCHWThe Charles Schwab Corpo | $46M | 2.0% | +21.5% | 10.3 yr |
| SPLGSPDR Portfolio S&P 500 E | $46M | 2.0% | — | 2.8 yr |
| VVisa Inc. | $43M | 1.9% | -13.1% | 10.3 yr |
| — | $41M | 1.8% | — | 9.8 yr |
| — | $38M | 1.7% | — | 6.5 yr |
| AMEAMETEK, Inc. | $38M | 1.6% | +25.3% | 10.3 yr |
| — | $34M | 1.5% | — | 10.3 yr |
| — | $34M | 1.5% | — | 10.3 yr |
| ADIAnalog Devices, Inc. | $34M | 1.5% | +60.2% | 9.0 yr |
Portfolio composition (YoY)
Industry mix
Unknown23.0%+0.8pp$531M
Asset Management18.6%+2.5pp$430M
Software - Infrastructure5.9%-1.2pp$137M
Software - Application4.3%-1.2pp$98M
Semiconductors4.0%+1.1pp$92M
Consumer Electronics3.8%+0.2pp$89M
Medical - Devices3.8%-0.5pp$87M
Medical - Diagnostics & Research3.4%+0.6pp$79M
Financial - Credit Services2.9%-0.5pp$67M
Financial - Capital Markets2.2%+0.4pp$50M
Country
US76.6%-0.8pp
Unknown23.0%+0.8pp
CH0.1%+0.1pp
GB0.1%+0.1pp
DK0.1%-0.0pp
CA0.0%+0.0pp
IE0.0%-0.0pp
TW0.0%+0.0pp
Top 5: 14.5% · Top 10: 24.1% · Top 25: 44.7%
Top buys this quarter · 15
| VEEV Veeva Systems Inc. | +$25M |
| CRM Salesforce, Inc. | +$13M |
| TYL Tyler Technologies, Inc. | +$11M |
| ABT Abbott Laboratories | +$34M |
| ADBE Adobe Inc. | +$24M |
| INTU Intuit Inc. | +$23M |
| ROP Roper Technologies, Inc. | +$14M |
| ILMN Illumina, Inc. | +$24M |
| FIS Fidelity National Information | +$10M |
| JPM JPMorgan Chase & Co. | +$25M |
Top sells this quarter · 15
| HOLX Hologic, Inc. | −$4M |
| AMAT Applied Materials, Inc. | −$3M |
| SYY Sysco Corporation | −$2M |
| AMG Affiliated Managers Group, Inc | −$2M |
| ACIW ACI Worldwide, Inc. | −$2M |
| AAPL Apple Inc. | −$1M |
| ADI Analog Devices, Inc. | −$30M |
| FDX FedEx Corporation | −$1M |
| APH Amphenol Corporation | −$1M |
| AES The AES Corporation | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $2.31B | 354 | +2.76% | +17.59% | -14.83% | +0.05B |
| 2025-12-31 | $2.48B | 348 | +9.44% | +17.72% | -8.28% | -0.02B |
| 2025-09-30 | $2.47B | 348 | +7.07% | +17.52% | -10.45% | +0.02B |
| 2025-06-30 | $2.36B | 340 | +9.11% | +14.94% | -5.84% | -0.00B |
| 2025-03-31 | $2.19B | 322 | +0.90% | +8.30% | -7.40% | +0.00B |
| 2024-12-31 | $2.26B | 321 | +10.96% | +24.89% | -13.93% | +0.05B |
| 2024-09-30 | $2.23B | 324 | +28.00% | +36.04% | -8.03% | +0.01B |
| 2024-06-30 | $2.11B | 314 | +16.23% | +24.49% | -8.26% | -0.01B |
| 2024-03-31 | $2.12B | 319 | +24.69% | +29.62% | -4.93% | +0.03B |
| 2023-12-31 | $1.95B | 311 | +23.56% | +26.18% | -2.62% | -0.04B |
| 2023-09-30 | $1.74B | 296 | +18.88% | +21.57% | -2.68% | +0.01B |
| 2023-06-30 | $1.81B | 299 | +17.25% | +19.42% | -2.17% | -0.01B |
| 2023-03-31 | $1.70B | 303 | -6.43% | -7.82% | +1.38% | +0.00B |
| 2022-12-31 | $1.61B | 308 | +9.94% | +7.56% | +2.38% | +0.00B |
| 2022-09-30 | $1.46B | 295 | -5.76% | -4.93% | -0.83% | +0.03B |
| 2022-06-30 | $1.52B | 294 | -14.54% | -16.11% | +1.57% | -0.03B |