Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.12%
adds when stocks drop
when a holding falls −10%+
Middle response
+6.59%
steady accumulation
Rally response
-1.36%
trims into rallies
when a holding rises +10%+
Top positions · 2
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AMBPArdagh Metal Packaging S | $22M | 66.5% | +49.4% | 3.8 yr |
| UWMCUWM Holdings Corporation | $11M | 33.5% | -27.6% | 4.3 yr |
Portfolio composition (YoY)
Industry mix
Packaging & Containers66.5%+29.3pp$22M
Financial - Mortgages33.5%-29.3pp$11M
Country
LU66.5%+29.3pp
US33.5%-29.3pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| UWMC | $27M | -0.01B | -27.6% |
Top buys this quarter · 0
No buys this quarter
Top sells this quarter · 0
No sells this quarter
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $32M | 2 | +3.03% | +17.59% | -14.57% | -0.00B |
| 2025-12-31 | $35M | 2 | +6.15% | +17.72% | -11.56% | -0.01B |
| 2025-09-30 | $51M | 3 | -9.81% | +17.52% | -27.33% | -0.00B |
| 2025-06-30 | $43M | 3 | -19.67% | +14.94% | -34.61% | -0.00B |
| 2025-03-31 | $43M | 3 | -18.08% | +8.30% | -26.38% | -0.00B |
| 2024-12-31 | $45M | 3 | -12.25% | +24.89% | -37.14% | -0.01B |
| 2024-09-30 | $77M | 5 | +53.69% | +36.04% | +17.66% | -0.10B |
| 2024-06-30 | $160M | 6 | +31.09% | +24.49% | +6.60% | +0.01B |
| 2024-03-31 | $147M | 6 | +43.81% | +29.62% | +14.19% | -0.01B |
| 2023-12-31 | $148M | 7 | +71.96% | +26.18% | +45.78% | -0.10B |
| 2023-09-30 | $193M | 7 | +26.16% | +21.57% | +4.59% | +0.02B |
| 2023-06-30 | $186M | 7 | +30.94% | +19.42% | +11.51% | -0.01B |
| 2023-03-31 | $171M | 8 | +6.90% | -7.82% | +14.72% | -0.01B |
| 2022-12-31 | $146M | 8 | -5.15% | +7.56% | -12.71% | -0.00B |
| 2022-09-30 | $159M | 8 | -4.54% | -4.93% | +0.38% | +0.02B |
| 2022-06-30 | $141M | 7 | -5.82% | -16.11% | +10.29% | -0.02B |