Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.30%
trims when stocks drop
when a holding falls −10%+
Middle response
-1.29%
baseline attrition
Rally response
+0.60%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $172M | 4.7% | +60.9% | 10.3 yr |
| AAPLApple Inc. | $170M | 4.6% | +14.7% | 10.3 yr |
| VOVanguard Mid-Cap ETF | $148M | 4.0% | — | 10.3 yr |
| MSFTMicrosoft Corporation | $137M | 3.7% | -0.6% | 10.3 yr |
| VEAVanguard FTSE Developed | $100M | 2.7% | — | 10.3 yr |
| AMZNAmazon.com, Inc. | $93M | 2.5% | +9.5% | 10.3 yr |
| GOOGLAlphabet Inc. | $88M | 2.4% | — | 10.3 yr |
| JPMJPMorgan Chase & Co. | $76M | 2.1% | +21.8% | 10.3 yr |
| AVGOBroadcom Inc. | $67M | 1.8% | +86.0% | 8.0 yr |
| GOOGAlphabet Inc. | $63M | 1.7% | +84.3% | 10.3 yr |
| CVXChevron Corporation | $59M | 1.6% | +29.2% | 10.3 yr |
| EFAiShares MSCI EAFE ETF | $59M | 1.6% | — | 10.3 yr |
| METAMeta Platforms, Inc. | $57M | 1.5% | -0.4% | 10.3 yr |
| DFASDimensional - US Small C | $52M | 1.4% | — | 2.5 yr |
| IJHiShares Core S&P Mid-Cap | $48M | 1.3% | — | 10.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management27.0%+1.4pp$993M
Semiconductors7.4%+2.1pp$272M
Internet Content & Information5.7%+1.3pp$208M
Consumer Electronics4.6%+0.1pp$170M
Software - Infrastructure4.4%-0.3pp$163M
Drug Manufacturers - General3.8%+0.8pp$138M
Specialty Retail3.4%-0.3pp$123M
Banks - Diversified3.2%-0.0pp$116M
Aerospace & Defense2.6%+0.2pp$97M
Oil & Gas Integrated2.4%+0.4pp$88M
Country
US97.2%+0.2pp
IE1.3%-0.1pp
CH0.9%-0.0pp
CA0.5%-0.1pp
GB0.1%+0.0pp
Unknown0.0%-0.0pp
SG0.0%+0.0pp
BM0.0%-0.0pp
Top 5: 19.8% · Top 10: 30.3% · Top 25: 49.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $3.67B | 2388 | +13.99% | +17.59% | -3.60% | -0.05B |
| 2025-12-31 | $3.89B | 2362 | +14.42% | +17.72% | -3.30% | -0.11B |
| 2025-09-30 | $3.93B | 2364 | +13.77% | +17.52% | -3.75% | -0.10B |
| 2025-06-30 | $3.75B | 2345 | +12.53% | +14.94% | -2.42% | -0.01B |
| 2025-03-31 | $3.46B | 2356 | +4.59% | +8.30% | -3.72% | +0.03B |
| 2024-12-31 | $3.56B | 2305 | +17.38% | +24.89% | -7.51% | +0.01B |
| 2024-09-30 | $3.51B | 2132 | +29.06% | +36.04% | -6.98% | +0.01B |
| 2024-06-30 | $3.30B | 2129 | +16.84% | +24.49% | -7.66% | +0.04B |
| 2024-03-31 | $3.21B | 2039 | +23.58% | +29.62% | -6.04% | -0.00B |
| 2023-12-31 | $2.98B | 1949 | +20.30% | +26.18% | -5.88% | -0.03B |
| 2023-09-30 | $2.71B | 1964 | +17.38% | +21.57% | -4.19% | +0.03B |
| 2023-06-30 | $2.78B | 1899 | +16.29% | +19.42% | -3.13% | -0.02B |
| 2023-03-31 | $2.62B | 1798 | -5.26% | -7.82% | +2.56% | +0.06B |
| 2022-12-31 | $2.43B | 1618 | -14.02% | -18.17% | +4.16% | +0.04B |
| 2022-09-30 | $2.20B | 1610 | -11.95% | -15.51% | +3.55% | +0.00B |
| 2022-06-30 | $2.31B | 1486 | -7.04% | -10.62% | +3.58% | +0.00B |