Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-5.58%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.27%
steady accumulation
Rally response
+1.06%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AVGOBroadcom Inc. | $136M | 8.3% | +86.0% | 8.3 yr |
| NVDANVIDIA Corporation | $132M | 8.0% | +60.9% | 9.0 yr |
| AAPLApple Inc. | $103M | 6.3% | +14.7% | 10.5 yr |
| PWRQuanta Services, Inc. | $65M | 4.0% | +116.2% | 5.3 yr |
| MSFTMicrosoft Corporation | $59M | 3.6% | -0.6% | 10.5 yr |
| AMZNAmazon.com, Inc. | $48M | 2.9% | +9.5% | 10.5 yr |
| GOOGLAlphabet Inc. | $45M | 2.7% | — | 6.3 yr |
| COSTCostco Wholesale Corpora | $40M | 2.4% | +5.9% | 5.8 yr |
| ABBVAbbVie Inc. | $37M | 2.3% | +7.3% | 10.5 yr |
| PANWPalo Alto Networks, Inc. | $36M | 2.2% | -6.0% | 10.3 yr |
| VVisa Inc. | $35M | 2.1% | -13.1% | 10.5 yr |
| JPMJPMorgan Chase & Co. | $34M | 2.1% | +21.8% | 10.5 yr |
| WMBThe Williams Companies, | $33M | 2.0% | +25.8% | 8.3 yr |
| IRMIron Mountain Incorporat | $32M | 2.0% | +22.9% | 5.8 yr |
| BXBlackstone Inc. | $29M | 1.8% | -14.9% | 5.8 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors20.7%+4.3pp$339M
Software - Infrastructure7.6%-1.5pp$125M
Asset Management7.1%-2.6pp$116M
Consumer Electronics6.3%-0.6pp$103M
Internet Content & Information4.6%+1.5pp$75M
Drug Manufacturers - General4.6%-0.4pp$75M
REIT - Specialty4.0%-0.3pp$65M
Engineering & Construction4.0%+1.7pp$65M
Discount Stores3.9%+0.1pp$64M
Oil & Gas Midstream3.8%+0.2pp$63M
Country
US95.6%-1.2pp
TW1.5%+0.8pp
IE1.4%+0.1pp
GB0.9%+0.1pp
CA0.4%+0.0pp
NL0.1%+0.1pp
UY0.0%+0.0pp
SG0.0%
Top 5: 30.3% · Top 10: 42.8% · Top 25: 67.5%
Top buys this quarter · 15
| TSM Taiwan Semiconductor Manufactu | +$3M |
| GEV GE Vernova Inc. | +$2M |
| AAPL Apple Inc. | +$103M |
| CEG Constellation Energy Corporati | +$1M |
| MU Micron Technology, Inc. | +$1M |
| T AT&T Inc. | +$1M |
| ETN Eaton Corporation plc | +$1M |
| AMD Advanced Micro Devices, Inc. | +$1M |
| C Citigroup Inc. | +$1M |
| DLR Digital Realty Trust, Inc. | +$1M |
Top sells this quarter · 15
| AVGO Broadcom Inc. | −$3M |
| NVDA NVIDIA Corporation | −$2M |
| PWR Quanta Services, Inc. | −$52M |
| CRM Salesforce, Inc. | −$2M |
| BSX Boston Scientific Corporation | −$2M |
| QCOM QUALCOMM Incorporated | −$1M |
| STWD Starwood Property Trust, Inc. | −$1M |
| XOM Exxon Mobil Corporation | −$16M |
| GS The Goldman Sachs Group, Inc. | −$1M |
| MPC Marathon Petroleum Corporation | −$6M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.64B | 163 | +26.36% | +17.59% | +8.77% | -0.01B |
| 2025-12-31 | $1.67B | 168 | +18.34% | +17.72% | +0.63% | +0.01B |
| 2025-09-30 | $1.65B | 170 | +24.46% | +17.52% | +6.94% | -0.00B |
| 2025-06-30 | $1.51B | 174 | +20.93% | +14.94% | +5.98% | -0.04B |
| 2025-03-31 | $1.33B | 170 | +7.55% | +8.30% | -0.75% | +0.01B |
| 2024-12-31 | $1.44B | 165 | +27.42% | +24.89% | +2.53% | -0.02B |
| 2024-09-30 | $1.38B | 160 | +35.05% | +36.04% | -0.99% | -0.00B |
| 2024-06-30 | $1.29B | 158 | +24.90% | +24.49% | +0.41% | +0.04B |
| 2024-03-31 | $1.21B | 165 | +28.59% | +29.62% | -1.03% | +0.04B |
| 2023-12-31 | $1.08B | 160 | +26.35% | +26.18% | +0.17% | -0.00B |
| 2023-09-30 | $964M | 162 | +19.73% | +21.57% | -1.84% | -0.00B |
| 2023-06-30 | $984M | 163 | +13.91% | +19.42% | -5.51% | -0.01B |
| 2023-03-31 | $931M | 168 | -6.54% | -7.82% | +1.28% | -0.00B |
| 2022-12-31 | $870M | 163 | -16.74% | -18.17% | +1.43% | -0.01B |
| 2022-09-30 | $822M | 162 | -13.34% | -15.51% | +2.17% | +0.06B |
| 2022-06-30 | $815M | 138 | -6.92% | -10.62% | +3.70% | -0.08B |