Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.55%
adds when stocks drop
when a holding falls −10%+
Middle response
-9.06%
baseline attrition
Rally response
-18.74%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| MUMicron Technology, Inc. | $7M | 3.2% | +289.6% | 10.3 yr |
| SWIMLatham Group, Inc. | $7M | 3.1% | -16.5% | 3.8 yr |
| SSYSStratasys Ltd. | $6M | 2.8% | -20.2% | 2.8 yr |
| FOXFFox Factory Holding Corp | $5M | 2.1% | -29.5% | 1.3 yr |
| — | $4M | 2.0% | — | 0.8 yr |
| XPOXPO Logistics, Inc. | $4M | 2.0% | +80.8% | 10.3 yr |
| ALHCAlignment Healthcare, In | $4M | 1.9% | -5.4% | 1.5 yr |
| COMPCompass, Inc. | $4M | 1.9% | -16.3% | 0.8 yr |
| NOKNokia Oyj | $4M | 1.7% | +57.0% | 4.3 yr |
| CECOCECO Environmental Corp. | $4M | 1.7% | +161.3% | 3.0 yr |
| RYAAYRyanair Holdings plc | $4M | 1.6% | — | 10.3 yr |
| FNFabrinet | $3M | 1.5% | +164.0% | 8.8 yr |
| ORNOrion Group Holdings, In | $3M | 1.5% | +108.4% | 1.8 yr |
| MODModine Manufacturing Com | $3M | 1.4% | +182.4% | 0.3 yr |
| UTHRUnited Therapeutics Corp | $3M | 1.4% | +92.4% | 1.3 yr |
Portfolio composition (YoY)
Industry mix
Software - Application13.0%-1.6pp$29M
Software - Infrastructure5.5%-0.4pp$12M
Unknown4.6%+2.5pp$10M
Auto - Parts4.5%+3.2pp$10M
Engineering & Construction3.8%+1.2pp$8M
Integrated Freight & Logistics3.5%+1.4pp$8M
Semiconductors3.2%+1.1pp$7M
Medical - Devices3.2%-1.9pp$7M
Construction3.2%-0.1pp$7M
Medical - Healthcare Information Services2.9%-0.1pp$6M
Country
US83.4%-2.5pp
Unknown4.6%+2.5pp
CA2.8%+1.6pp
IE2.4%+1.1pp
FI1.7%
KY1.5%+0.9pp
IL0.9%+0.2pp
PA0.8%+0.2pp
Top 5: 13.2% · Top 10: 22.5% · Top 25: 43.2%
Top buys this quarter · 15
| MOD Modine Manufacturing Companynew | +$3M |
| EQPT EquipmentShare.com Inc.new | +$3M |
| KVYO Klaviyo, Inc. | +$3M |
| FPS Forgent Power Solutions, Inc.new | +$2M |
| FOXF Fox Factory Holding Corp. | +$2M |
| LULU Lululemon Athletica Inc. | +$2M |
| NOK Nokia Oyj | +$2M |
| CALX Calix, Inc. | +$1M |
| WDAY Workday, Inc.new | +$1M |
| NAVN Navan, Inc. | +$1M |
Top sells this quarter · 15
| LIND Lindblad Expeditions Holdings, | −$6M |
| MU Micron Technology, Inc. | −$4M |
| ARCB ArcBest Corporation | −$3M |
| CPRI Capri Holdings Limitedexit | −$3M |
| NTRA Natera, Inc.exit | −$2M |
| CWAN Clearwater Analytics Holdings,exit | −$2M |
| AGX Argan, Inc.exit | −$2M |
| LAUR Laureate Education, Inc. | −$2M |
| ORLA Orla Mining Ltd. | −$2M |
| AR Antero Resources Corporationexit | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $220M | 136 | +10.48% | +17.59% | -7.11% | -0.01B |
| 2025-12-31 | $260M | 125 | +9.43% | +17.72% | -8.29% | -0.03B |
| 2025-09-30 | $281M | 122 | +11.95% | +17.52% | -5.57% | -0.00B |
| 2025-06-30 | $265M | 119 | +11.39% | +14.94% | -3.55% | -0.01B |
| 2025-03-31 | $246M | 117 | -9.10% | +8.30% | -17.41% | -0.01B |
| 2024-12-31 | $295M | 114 | -5.04% | +24.89% | -29.93% | -0.01B |
| 2024-09-30 | $291M | 108 | -3.28% | +36.04% | -39.32% | -0.00B |
| 2024-06-30 | $275M | 108 | +10.68% | +24.49% | -13.81% | -0.01B |
| 2024-03-31 | $313M | 111 | +29.26% | +29.62% | -0.37% | +0.03B |
| 2023-12-31 | $312M | 127 | +50.12% | +26.18% | +23.94% | -0.00B |
| 2023-09-30 | $293M | 135 | +42.83% | +21.57% | +21.26% | -0.09B |
| 2023-06-30 | $314M | 134 | +12.50% | +19.42% | -6.93% | -0.02B |
| 2023-03-31 | $310M | 128 | -22.79% | -7.82% | -14.97% | -0.05B |
| 2022-12-31 | $340M | 127 | +2.27% | +7.56% | -5.29% | -0.02B |
| 2022-09-30 | $349M | 126 | -4.30% | -4.93% | +0.63% | +0.00B |
| 2022-06-30 | $360M | 129 | -26.26% | -16.11% | -10.15% | -0.02B |