Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+2.06%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.05%
steady accumulation
Rally response
-1.50%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| RDNTRadNet, Inc. | $80M | 13.7% | +12.4% | 5.3 yr |
| RYZRyerson Holding Corporat | $64M | 11.0% | +1.1% | 5.3 yr |
| CNRCore Natural Resources, | $49M | 8.4% | +36.6% | 1.3 yr |
| DANDana Incorporated | $46M | 8.0% | +157.7% | 5.3 yr |
| OPYOppenheimer Holdings Inc | $45M | 7.7% | +53.1% | 5.3 yr |
| TPCTutor Perini Corporation | $33M | 5.6% | +233.6% | 5.0 yr |
| TRMRTremor International Ltd | $29M | 5.0% | — | 4.8 yr |
| BLDRBuilders FirstSource, In | $24M | 4.1% | -34.1% | 5.0 yr |
| BXCBlueLinx Holdings Inc. | $21M | 3.7% | -27.7% | 5.3 yr |
| CXWCoreCivic, Inc. | $16M | 2.8% | -6.8% | 5.3 yr |
| VCTRVictory Capital Holdings | $16M | 2.7% | +16.6% | 5.3 yr |
| MTArcelorMittal S.A. | $11M | 1.8% | +83.0% | 2.3 yr |
| LCUTLifetime Brands, Inc. | $9M | 1.6% | +22.1% | 5.3 yr |
| FETForum Energy Technologie | $7M | 1.2% | +191.7% | 1.0 yr |
| FLNTFluent, Inc. | $7M | 1.2% | +45.0% | 5.3 yr |
Portfolio composition (YoY)
Industry mix
Medical - Diagnostics & Research13.7%-1.7pp$80M
Beverages - Wineries & Distilleries11.0%+0.7pp$64M
Auto - Parts9.6%+3.2pp$55M
Coal9.0%+0.9pp$52M
Construction7.8%-6.1pp$45M
Financial - Capital Markets7.7%+1.4pp$45M
Engineering & Construction6.6%+0.0pp$39M
Advertising Agencies6.6%-1.0pp$38M
Asset Management3.4%-0.3pp$20M
REIT - Specialty2.8%-0.9pp$16M
Country
US88.6%+0.4pp
IL5.0%-1.2pp
LU2.2%+1.0pp
CA1.9%-0.5pp
Unknown1.6%+0.2pp
GB0.5%-0.0pp
CH0.3%+0.1pp
Top 5: 48.9% · Top 10: 70.0% · Top 25: 86.8%
Top buys this quarter · 13
| RYZ Ryerson Holding Corporation | +$11M |
| MAGN Magnera Corp. | +$6M |
| LRN Stride, Inc. | +$1M |
| SCSC ScanSource, Inc.new | +$1M |
| NOA North American Construction Gr | +$1M |
| MLCI Mount Logan Capital Inc. Commo | +$2M |
| KOP Koppers Holdings Inc. | +$0M |
| PKOH Park-Ohio Holdings Corp. | +$0M |
| SMC Summit Midstream Corp. | +$0M |
| METC Ramaco Resources, Inc. | +$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $581M | 85 | +29.92% | +17.59% | +12.32% | -0.01B |
| 2025-12-31 | $581M | 84 | +10.80% | +17.72% | -6.92% | -0.01B |
| 2025-09-30 | $591M | 86 | +10.11% | +17.52% | -7.40% | -0.03B |
| 2025-06-30 | $540M | 82 | +9.64% | +14.94% | -5.30% | +0.01B |
| 2025-03-31 | $474M | 78 | -9.77% | +8.30% | -18.07% | +0.02B |
| 2024-12-31 | $522M | 81 | +16.93% | +24.89% | -7.96% | +0.01B |
| 2024-09-30 | $522M | 77 | +42.80% | +36.04% | +6.76% | +0.00B |
| 2024-06-30 | $453M | 78 | +8.55% | +24.49% | -15.94% | -0.04B |
| 2024-03-31 | $531M | 73 | +36.50% | +29.62% | +6.87% | -0.02B |
| 2023-12-31 | $495M | 75 | +30.08% | +26.18% | +3.91% | +0.01B |
| 2023-09-30 | $402M | 76 | +17.18% | +21.57% | -4.39% | -0.00B |
| 2023-06-30 | $467M | 77 | +35.62% | +19.42% | +16.19% | -0.02B |
| 2023-03-31 | $420M | 75 | -8.05% | -7.82% | -0.24% | +0.01B |
| 2022-12-31 | $381M | 76 | +8.65% | +7.56% | +1.09% | +0.01B |
| 2022-09-30 | $339M | 79 | +0.52% | -4.93% | +5.45% | -0.03B |
| 2022-06-30 | $367M | 83 | -21.26% | -16.11% | -5.15% | +0.02B |