Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+3.97%
adds when stocks drop
when a holding falls −10%+
Middle response
-7.64%
baseline attrition
Rally response
+1.26%
adds into rallies
when a holding rises +10%+
Top positions · 3
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| BLLNBillionToOne, Inc. | $135M | 51.9% | — | 0.5 yr |
| RMNIRimini Street, Inc. | $77M | 29.7% | -5.7% | 8.5 yr |
| CRVSCorvus Pharmaceuticals, | $48M | 18.4% | +360.1% | 10.3 yr |
Portfolio composition (YoY)
Industry mix
Medical - Diagnostics & Research51.9%$135M
Software - Application29.7%-47.4pp$77M
Biotechnology18.4%-1.0pp$48M
Country
US100.0%+1.5pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| RMNI | $82M | -0.00B | -5.7% |
Top buys this quarter · 0
No buys this quarter
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $260M | 3 | +19.62% | +17.59% | +2.03% | -0.01B |
| 2025-12-31 | $264M | 5 | +38.84% | +17.72% | +21.12% | +0.13B |
| 2025-09-30 | $153M | 5 | +87.08% | +17.52% | +69.56% | -0.03B |
| 2025-06-30 | $142M | 6 | +55.46% | +14.94% | +40.51% | +0.02B |
| 2025-03-31 | $113M | 7 | +39.18% | +8.30% | +30.87% | -0.02B |
| 2024-12-31 | $113M | 6 | +35.09% | +24.89% | +10.21% | -0.10B |
| 2024-09-30 | $182M | 6 | +34.18% | +36.04% | -1.86% | -0.07B |
| 2024-06-30 | $243M | 9 | -0.59% | +24.49% | -25.09% | +0.00B |
| 2024-03-31 | $252M | 12 | +8.53% | +29.62% | -21.10% | -0.12B |
| 2023-12-31 | $325M | 14 | -1.56% | +26.18% | -27.74% | -0.01B |
| 2023-09-30 | $286M | 14 | -30.58% | +21.57% | -52.14% | -0.01B |
| 2023-06-30 | $382M | 18 | -9.34% | +19.42% | -28.77% | +0.05B |
| 2023-03-31 | $321M | 13 | -23.46% | -7.82% | -15.65% | +0.01B |
| 2022-12-31 | $300M | 16 | -17.40% | +7.56% | -24.96% | -0.00B |
| 2022-09-30 | $365M | 13 | +1.06% | -4.93% | +5.99% | -0.02B |
| 2022-06-30 | $384M | 15 | -11.25% | -16.11% | +4.86% | -0.10B |