Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.84%
adds when stocks drop
when a holding falls −10%+
Middle response
-2.44%
baseline attrition
Rally response
-7.38%
trims into rallies
when a holding rises +10%+
Top positions · 21
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| CHYMChime Financial, Inc. Cl | $490M | 48.0% | — | 1.0 yr |
| LRCXLam Research Corporation | $104M | 10.2% | +196.1% | 1.5 yr |
| GOOGLAlphabet Inc. | $60M | 5.9% | — | 1.8 yr |
| MUMicron Technology, Inc. | $57M | 5.5% | +289.6% | 4.8 yr |
| NUNu Holdings Ltd. | $44M | 4.3% | +40.3% | 0.5 yr |
| DDOGDatadog, Inc. | $26M | 2.5% | +19.0% | 1.3 yr |
| CRMSalesforce, Inc. | $25M | 2.5% | -30.2% | 9.0 yr |
| DASHDoorDash, Inc. | $25M | 2.5% | -17.8% | 3.3 yr |
| NTNXNutanix, Inc. | $25M | 2.5% | -45.6% | 7.5 yr |
| MELIMercadoLibre, Inc. | $24M | 2.3% | -11.4% | 8.8 yr |
| NVDANVIDIA Corporation | $22M | 2.2% | +60.9% | 1.0 yr |
| IIIVi3 Verticals, Inc. | $22M | 2.1% | -9.4% | 6.5 yr |
| WEAVWeave Communications, In | $20M | 1.9% | -58.3% | 4.3 yr |
| PANWPalo Alto Networks, Inc. | $16M | 1.5% | -6.0% | 10.5 yr |
| VEEVVeeva Systems Inc. | $14M | 1.4% | -24.2% | 1.3 yr |
Portfolio composition (YoY)
Industry mix
Banks - Regional48.0%$490M
Semiconductors17.9%-5.0pp$183M
Software - Application9.8%-11.8pp$100M
Internet Content & Information8.4%-3.8pp$86M
Software - Infrastructure7.0%-22.1pp$71M
Banks - Diversified4.3%$44M
Specialty Retail2.3%-5.9pp$24M
Medical - Healthcare Information Services1.4%-2.2pp$14M
Industrial - Machinery0.8%$8M
Software - Services0.1%$1M
Country
US93.3%+10.0pp
BR4.3%
UY2.3%-5.9pp
Top 5: 74.0% · Top 10: 86.3% · Top 25: 100.0%
Top buys this quarter · 14
| NU Nu Holdings Ltd. | +$20M |
| DDOG Datadog, Inc. | +$15M |
| FIG Figma, Inc.new | +$11M |
| APPF AppFolio, Inc. | +$7M |
| NOW ServiceNow, Inc.new | +$7M |
| NVDA NVIDIA Corporation | +$6M |
| DASH DoorDash, Inc. | +$25M |
| WEAV Weave Communications, Inc. | +$20M |
| CRWD CrowdStrike Holdings, Inc. | +$2M |
| CRM Salesforce, Inc. | +$25M |
Top sells this quarter · 11
| MELI MercadoLibre, Inc. | −$24M |
| PENG Penguin Solutions, Inc.exit | −$23M |
| P Everpure, Inc. | −$21M |
| CHYM Chime Financial, Inc. Class A | −$19M |
| LRCX Lam Research Corporation | −$98M |
| MRVL Marvell Technology, Inc.exit | −$14M |
| MNDY monday.com Ltd.exit | −$11M |
| VEEV Veeva Systems Inc. | −$8M |
| PANW Palo Alto Networks, Inc. | −$5M |
| NTNX Nutanix, Inc. | −$3M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.02B | 21 | -19.11% | +17.59% | -36.70% | -0.03B |
| 2025-12-31 | $1.29B | 20 | -4.50% | +17.72% | -22.22% | -0.20B |
| 2025-09-30 | $1.37B | 23 | -2.67% | +17.52% | -20.19% | +0.01B |
| 2025-06-30 | $1.76B | 21 | +47.38% | +14.94% | +32.44% | +1.00B |
| 2025-03-31 | $643M | 18 | +20.83% | +8.30% | +12.53% | -0.05B |
| 2024-12-31 | $719M | 19 | +44.05% | +24.89% | +19.16% | -0.11B |
| 2024-09-30 | $745M | 19 | +65.67% | +36.04% | +29.63% | -0.10B |
| 2024-06-30 | $716M | 19 | +33.46% | +24.49% | +8.97% | +0.04B |
| 2024-03-31 | $702M | 18 | +71.65% | +29.62% | +42.02% | -0.07B |
| 2023-12-31 | $674M | 18 | +91.67% | +26.18% | +65.50% | -0.00B |
| 2023-09-30 | $530M | 19 | +44.88% | +21.57% | +23.32% | -0.05B |
| 2023-06-30 | $605M | 18 | +65.42% | +19.42% | +45.99% | -0.00B |
| 2023-03-31 | $493M | 17 | -16.69% | -7.82% | -8.87% | -0.04B |
| 2022-12-31 | $415M | 18 | -3.62% | +7.56% | -11.18% | +0.04B |
| 2022-09-30 | $391M | 19 | +8.63% | -4.93% | +13.55% | +0.02B |
| 2022-06-30 | $346M | 18 | -37.92% | -16.11% | -21.81% | +0.02B |