Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.96%
trims when stocks drop
when a holding falls −10%+
Middle response
+3.82%
steady accumulation
Rally response
+5.44%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VTVanguard Total World Sto | $287M | 51.9% | — | 3.3 yr |
| SPYState Street SPDR S&P 50 | $101M | 18.3% | +17.6% | 6.8 yr |
| CPBCampbell Soup Company | $44M | 7.9% | -42.4% | 10.5 yr |
| ABBVAbbVie Inc. | $23M | 4.1% | +7.3% | 10.5 yr |
| BRK-ABerkshire Hathaway Inc. | $16M | 2.9% | — | 10.5 yr |
| WFCWells Fargo & Company | $14M | 2.6% | +13.3% | 10.5 yr |
| ABTAbbott Laboratories | $12M | 2.2% | -21.1% | 10.5 yr |
| XOMExxon Mobil Corporation | $11M | 1.9% | +47.6% | 10.5 yr |
| VEAVanguard FTSE Developed | $9M | 1.7% | — | 3.0 yr |
| ACWIiShares MSCI ACWI ETF | $9M | 1.5% | — | 2.3 yr |
| PMPhilip Morris Internatio | $5M | 0.9% | +7.9% | 10.5 yr |
| BRK-BBerkshire Hathaway Inc. | $3M | 0.5% | — | 10.5 yr |
| GEGE Aerospace | $3M | 0.5% | +42.5% | 4.8 yr |
| IVViShares Core S&P 500 ETF | $2M | 0.4% | — | 1.5 yr |
| MOAltria Group, Inc. | $2M | 0.4% | +15.8% | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management74.0%+20.4pp$409M
Packaged Foods7.9%-22.3pp$44M
Drug Manufacturers - General4.1%+0.4pp$23M
Insurance - Diversified3.4%+0.1pp$19M
Banks - Diversified2.7%+0.3pp$15M
Oil & Gas Integrated2.3%+0.8pp$12M
Medical - Devices2.2%-0.2pp$12M
Tobacco1.4%+0.3pp$8M
Aerospace & Defense0.5%+0.2pp$3M
Renewable Utilities0.4%+0.3pp$2M
Country
US99.8%-0.1pp
CA0.2%+0.1pp
Unknown0.0%-0.0pp
Top 5: 85.2% · Top 10: 95.1% · Top 25: 99.7%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $552M | 31 | -13.24% | +17.59% | -30.83% | +0.02B |
| 2025-12-31 | $570M | 32 | -6.95% | +17.72% | -24.67% | -0.06B |
| 2025-09-30 | $657M | 33 | -10.83% | +17.52% | -28.35% | -0.04B |
| 2025-06-30 | $655M | 35 | -9.25% | +14.94% | -24.19% | +0.07B |
| 2025-03-31 | $645M | 35 | +1.72% | +8.30% | -6.59% | +0.01B |
| 2024-12-31 | $634M | 32 | +9.39% | +24.89% | -15.50% | +0.01B |
| 2024-09-30 | $671M | 33 | +26.97% | +36.04% | -9.06% | +0.02B |
| 2024-06-30 | $602M | 31 | +9.67% | +24.49% | -14.83% | +0.00B |
| 2024-03-31 | $590M | 31 | -3.87% | +29.62% | -33.50% | +0.06B |
| 2023-12-31 | $497M | 30 | -11.89% | +26.18% | -38.07% | +0.05B |
| 2023-09-30 | $414M | 26 | -1.85% | +21.57% | -23.42% | -0.01B |
| 2023-06-30 | $454M | 29 | +2.13% | +19.42% | -17.29% | +0.12B |
| 2023-03-31 | $371M | 25 | +17.40% | -7.82% | +25.22% | +0.05B |
| 2022-12-31 | $328M | 24 | +14.03% | -18.17% | +32.20% | -0.00B |
| 2022-09-30 | $278M | 22 | +5.94% | -15.51% | +21.45% | -0.01B |
| 2022-06-30 | $295M | 24 | +9.42% | -10.62% | +20.04% | -0.02B |