Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+8.12%
adds when stocks drop
when a holding falls −10%+
Middle response
-0.17%
baseline attrition
Rally response
-8.36%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $261M | 23.0% | +60.9% | 0.5 yr |
| AAPLApple Inc. | $72M | 6.3% | +14.7% | 10.5 yr |
| ATIATI Inc. | $38M | 3.4% | +179.6% | 0.5 yr |
| BAThe Boeing Company | $31M | 2.7% | +16.7% | 9.8 yr |
| CCitigroup Inc. | $29M | 2.6% | +63.9% | 10.5 yr |
| MANManpowerGroup Inc. | $27M | 2.3% | -46.9% | 0.5 yr |
| BLDRBuilders FirstSource, In | $24M | 2.1% | -34.1% | 1.8 yr |
| UPSUnited Parcel Service, I | $21M | 1.8% | -4.4% | 6.5 yr |
| METAMeta Platforms, Inc. | $21M | 1.8% | -0.4% | 7.0 yr |
| HALHalliburton Company | $20M | 1.7% | +57.9% | 4.8 yr |
| IFFInternational Flavors & | $19M | 1.7% | -4.3% | 0.5 yr |
| SPYState Street SPDR S&P 50 | $19M | 1.7% | +17.6% | 0.5 yr |
| WFCWells Fargo & Company | $19M | 1.6% | +13.3% | 10.5 yr |
| BMYBristol-Myers Squibb Com | $18M | 1.6% | +3.4% | 8.8 yr |
| MCSThe Marcus Corporation | $18M | 1.6% | +5.0% | 3.3 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors27.0%+25.8pp$306M
Asset Management8.5%$97M
Banks - Diversified6.5%-1.7pp$73M
Consumer Electronics6.3%+4.4pp$72M
Manufacturing - Metal Fabrication3.4%$38M
Aerospace & Defense3.0%-0.9pp$34M
Industrial - Machinery2.9%+2.7pp$33M
Internet Content & Information2.9%+1.0pp$33M
Drug Manufacturers - General2.8%-1.3pp$31M
Staffing & Employment Services2.5%$29M
Country
US98.9%+44.9pp
IE0.4%+0.3pp
CA0.3%+0.1pp
IL0.2%
TW0.1%
GB0.1%+0.0pp
Top 5: 38.0% · Top 10: 47.9% · Top 25: 68.6%
Top buys this quarter · 15
| QCOM QUALCOMM Incorporated | +$15M |
| BLDR Builders FirstSource, Inc. | +$11M |
| CXT Crane NXT, Co.new | +$11M |
| MAN ManpowerGroup Inc. | +$11M |
| IFF International Flavors & Fragra | +$7M |
| LPX Louisiana-Pacific Corporation | +$5M |
| AAPL Apple Inc. | +$72M |
| NVDA NVIDIA Corporation | +$261M |
| MSFT Microsoft Corporation | +$12M |
| ADP Automatic Data Processing, Incnew | +$2M |
Top sells this quarter · 15
| APA APA Corporation | −$16M |
| HXL Hexcel Corporationexit | −$16M |
| CSCO Cisco Systems, Inc. | −$15M |
| GM General Motors Company | −$12M |
| VZ Verizon Communications Inc. | −$12M |
| PTEN Patterson-UTI Energy, Inc. | −$12M |
| ATI ATI Inc. | −$37M |
| HAL Halliburton Company | −$19M |
| CVX Chevron Corporation | −$3M |
| DOW Dow Inc. | −$9M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.13B | 255 | +14.54% | +17.59% | -3.05% | -0.03B |
| 2025-12-31 | $1.15B | 247 | +14.52% | +17.72% | -3.20% | +0.11B |
| 2025-09-30 | $1.00B | 178 | +13.32% | +17.52% | -4.20% | +0.03B |
| 2025-06-30 | $941M | 176 | +16.50% | +14.94% | +1.56% | +0.04B |
| 2025-03-31 | $855M | 175 | +8.32% | +8.30% | +0.02% | -0.02B |
| 2024-12-31 | $862M | 173 | +13.57% | +24.89% | -11.31% | -0.00B |
| 2024-09-30 | $843M | 168 | +24.43% | +36.04% | -11.61% | -0.02B |
| 2024-06-30 | $809M | 159 | +12.11% | +24.49% | -12.38% | +0.05B |
| 2024-03-31 | $779M | 160 | +16.65% | +29.62% | -12.97% | +0.09B |
| 2023-12-31 | $648M | 156 | +11.84% | +26.18% | -14.34% | +0.05B |
| 2023-09-30 | $532M | 139 | +14.28% | +21.57% | -7.29% | +0.04B |
| 2023-06-30 | $511M | 140 | +8.34% | +19.42% | -11.09% | -0.00B |
| 2023-03-31 | $504M | 129 | -1.62% | -7.82% | +6.20% | +0.00B |
| 2022-12-31 | $492M | 128 | +14.89% | +7.56% | +7.32% | +0.00B |
| 2022-09-30 | $426M | 117 | -8.84% | -4.93% | -3.91% | +0.02B |
| 2022-06-30 | $449M | 115 | -7.80% | -16.11% | +8.31% | +0.01B |