Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.60%
adds when stocks drop
when a holding falls −10%+
Middle response
+2.22%
steady accumulation
Rally response
-6.64%
trims into rallies
when a holding rises +10%+
Top positions · 9
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NATRNature's Sunshine Produc | $59M | 40.2% | +91.2% | 10.5 yr |
| CDRECadre Holdings, Inc. | $35M | 23.9% | +4.7% | 4.5 yr |
| DLHCDLH Holdings Corp. | $21M | 14.5% | +43.7% | 10.5 yr |
| LNDCLandec Corporation | $17M | 11.9% | — | 10.5 yr |
| AEMAgnico Eagle Mines Limit | $7M | 4.8% | +89.2% | 3.8 yr |
| QRHCQuest Resource Holding C | $3M | 2.2% | -54.2% | 9.3 yr |
| SILGlobal X - Silver Miners | $2M | 1.5% | — | 2.8 yr |
| TPCSTechPrecision Corporatio | $1M | 0.9% | +30.9% | 2.8 yr |
| NNBRNN, Inc. | $0M | 0.0% | -35.8% | 3.0 yr |
Portfolio composition (YoY)
Industry mix
Packaged Foods40.2%+14.5pp$59M
Aerospace & Defense23.9%+2.8pp$35M
Specialty Business Services14.5%+5.1pp$21M
Drug Manufacturers - Specialty & Generic11.9%-9.1pp$17M
Gold4.8%-7.5pp$7M
Waste Management2.2%-2.3pp$3M
Asset Management - Global1.5%+0.3pp$2M
Manufacturing - Metal Fabrication0.9%+0.3pp$1M
Conglomerates0.0%-0.0pp$0M
Country
US95.2%+9.2pp
CA4.8%-9.2pp
Top 5: 95.4% · Top 10: 100.0% · Top 25: 100.0%
Top buys this quarter · 1
| CDRE Cadre Holdings, Inc. | +$35M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $148M | 9 | +38.73% | +17.59% | +21.14% | -0.03B |
| 2025-12-31 | $178M | 12 | +21.76% | +17.72% | +4.04% | -0.01B |
| 2025-09-30 | $166M | 15 | +1.48% | +17.52% | -16.04% | -0.02B |
| 2025-06-30 | $170M | 16 | -5.37% | +14.94% | -20.31% | -0.01B |
| 2025-03-31 | $158M | 16 | -27.11% | +8.30% | -35.42% | -0.03B |
| 2024-12-31 | $219M | 16 | -10.23% | +24.89% | -35.12% | +0.01B |
| 2024-09-30 | $225M | 17 | +12.67% | +36.04% | -23.36% | -0.00B |
| 2024-06-30 | $222M | 17 | +24.35% | +24.49% | -0.14% | +0.00B |
| 2024-03-31 | $252M | 23 | +48.74% | +29.62% | +19.11% | -0.02B |
| 2023-12-31 | $259M | 23 | +46.35% | +26.18% | +20.17% | +0.00B |
| 2023-09-30 | $218M | 21 | +12.30% | +21.57% | -9.27% | -0.01B |
| 2023-06-30 | $200M | 20 | +0.26% | +19.42% | -19.16% | +0.04B |
| 2023-03-31 | $154M | 18 | -25.37% | -7.82% | -17.55% | -0.03B |
| 2022-12-31 | $174M | 20 | -9.35% | +7.56% | -16.91% | +0.00B |
| 2022-09-30 | $190M | 22 | +0.75% | -4.93% | +5.68% | -0.01B |
| 2022-06-30 | $198M | 20 | -21.84% | -16.11% | -5.73% | -0.01B |