Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.06%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.19%
steady accumulation
Rally response
-4.33%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| BNBrookfield Corporation | $85M | 8.9% | +16.5% | 3.5 yr |
| AMGAffiliated Managers Grou | $69M | 7.2% | +64.7% | 10.5 yr |
| PRIMPrimoris Services Corpor | $63M | 6.5% | +149.7% | 5.3 yr |
| CFGCitizens Financial Group | $58M | 6.1% | +51.7% | 7.0 yr |
| RDNRadian Group Inc. | $53M | 5.5% | +3.0% | 10.5 yr |
| COFCapital One Financial Co | $51M | 5.3% | +3.1% | 1.0 yr |
| KMIKinder Morgan, Inc. | $50M | 5.2% | +22.6% | 10.5 yr |
| RHPRyman Hospitality Proper | $48M | 5.0% | +4.7% | 10.5 yr |
| TMHCTaylor Morrison Home Cor | $46M | 4.8% | -3.0% | 5.8 yr |
| AERAerCap Holdings N.V. | $37M | 3.9% | +35.6% | 1.0 yr |
| ALLYAlly Financial Inc. | $35M | 3.7% | +11.1% | 6.3 yr |
| NXSTNexstar Media Group, Inc | $32M | 3.3% | +4.7% | 3.8 yr |
| DELLDell Technologies Inc. | $31M | 3.3% | +83.4% | 0.3 yr |
| NICENICE Ltd. | $31M | 3.2% | -28.5% | 1.8 yr |
| — | $28M | 2.9% | — | 3.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management20.7%+2.5pp$198M
Financial - Credit Services9.0%-0.5pp$86M
Engineering & Construction8.2%+1.8pp$79M
Banks - Regional6.1%+1.5pp$58M
Insurance - Specialty5.5%-0.7pp$53M
Oil & Gas Midstream5.2%-0.3pp$50M
REIT - Hotel & Motel5.0%-0.4pp$48M
Residential Construction4.8%-0.8pp$46M
Unknown4.2%-0.9pp$41M
Rental & Leasing Services3.9%$37M
Country
US77.2%-1.2pp
CA8.9%-0.1pp
IL5.8%-1.7pp
Unknown4.2%-0.9pp
IE3.9%
Top 5: 34.2% · Top 10: 58.3% · Top 25: 96.9%
Top buys this quarter · 9
| DELL Dell Technologies Inc.new | +$31M |
| CRBG Corebridge Financial, Inc. | +$11M |
| AER AerCap Holdings N.V. | +$10M |
| RDN Radian Group Inc. | +$53M |
| NICE NICE Ltd. | +$31M |
| CHKP Check Point Software Technolog | +$25M |
| ARCC Ares Capital Corporation | +$23M |
| EQH Equitable Holdings, Inc. | +$25M |
| — | +$28M |
Top sells this quarter · 15
| INTC Intel Corporationexit | −$27M |
| AES The AES Corporation | −$20M |
| KMI Kinder Morgan, Inc. | −$42M |
| NXST Nexstar Media Group, Inc. | −$1M |
| PRIM Primoris Services Corporation | −$55M |
| AMG Affiliated Managers Group, Inc | −$1M |
| CFG Citizens Financial Group, Inc. | −$57M |
| COF Capital One Financial Corporat | −$1M |
| BN Brookfield Corporation | −$0M |
| PAG Penske Automotive Group, Inc. | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $958M | 31 | +19.32% | +17.59% | +1.73% | -0.01B |
| 2025-12-31 | $1.02B | 32 | +23.15% | +17.72% | +5.43% | -0.01B |
| 2025-09-30 | $991M | 31 | +17.01% | +17.52% | -0.51% | -0.06B |
| 2025-06-30 | $950M | 32 | +18.21% | +14.94% | +3.27% | +0.00B |
| 2025-03-31 | $860M | 31 | +2.12% | +8.30% | -6.19% | -0.01B |
| 2024-12-31 | $883M | 31 | +13.51% | +24.89% | -11.38% | +0.00B |
| 2024-09-30 | $897M | 30 | +35.38% | +36.04% | -0.66% | +0.00B |
| 2024-06-30 | $803M | 29 | +12.73% | +24.49% | -11.76% | +0.00B |
| 2024-03-31 | $843M | 28 | +27.14% | +29.62% | -2.49% | -0.04B |
| 2023-12-31 | $806M | 29 | +20.87% | +26.18% | -5.30% | -0.03B |
| 2023-09-30 | $711M | 31 | +18.49% | +21.57% | -3.08% | +0.01B |
| 2023-06-30 | $753M | 31 | +22.72% | +19.42% | +3.30% | -0.02B |
| 2023-03-31 | $722M | 31 | -0.19% | -7.82% | +7.63% | -0.02B |
| 2022-12-31 | $713M | 32 | +14.88% | +7.56% | +7.32% | -0.02B |
| 2022-09-30 | $637M | 32 | -3.89% | -4.93% | +1.04% | -0.00B |
| 2022-06-30 | $666M | 32 | -12.92% | -16.11% | +3.19% | -0.03B |