Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-3.75%
trims when stocks drop
when a holding falls −10%+
Middle response
+3.36%
steady accumulation
Rally response
+0.39%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| GOOGLAlphabet Inc. | $67M | 6.4% | — | 10.5 yr |
| AAPLApple Inc. | $49M | 4.7% | +14.7% | 10.3 yr |
| AMZNAmazon.com, Inc. | $41M | 3.9% | +9.5% | 10.3 yr |
| GSSCGoldman Sachs ActiveBeta | $39M | 3.7% | — | 7.5 yr |
| MSFTMicrosoft Corporation | $37M | 3.5% | -0.6% | 10.5 yr |
| AVGOBroadcom Inc. | $36M | 3.4% | +86.0% | 8.0 yr |
| WMTWalmart Inc. | $33M | 3.1% | +42.8% | 10.5 yr |
| GSIEGoldman Sachs ActiveBeta | $32M | 3.0% | — | 7.5 yr |
| BRK-BBerkshire Hathaway Inc. | $31M | 3.0% | — | 10.3 yr |
| JNJJohnson & Johnson | $23M | 2.2% | +51.5% | 10.5 yr |
| LMTLockheed Martin Corporat | $23M | 2.2% | +39.0% | 10.5 yr |
| COSTCostco Wholesale Corpora | $22M | 2.1% | +5.9% | 10.0 yr |
| KLACKLA Corporation | $21M | 2.0% | +118.2% | 7.3 yr |
| CVXChevron Corporation | $20M | 1.9% | +29.2% | 10.5 yr |
| CATCaterpillar Inc. | $19M | 1.8% | +117.8% | 8.8 yr |
Portfolio composition (YoY)
Industry mix
Asset Management17.5%+2.2pp$183M
Semiconductors8.6%+3.6pp$90M
Internet Content & Information7.3%+2.9pp$76M
Drug Manufacturers - General6.9%+0.3pp$72M
Discount Stores5.2%-0.0pp$55M
Specialty Retail4.9%-1.1pp$51M
Consumer Electronics4.7%-0.0pp$49M
Aerospace & Defense4.6%+1.4pp$48M
Software - Infrastructure4.0%-0.5pp$42M
Insurance - Diversified3.4%-0.8pp$36M
Country
US96.6%+1.7pp
GB1.8%-0.1pp
IE1.1%-1.5pp
CH0.2%-0.0pp
CA0.1%+0.0pp
SG0.1%+0.0pp
BM0.1%
NL0.0%+0.0pp
Top 5: 22.2% · Top 10: 37.0% · Top 25: 61.3%
Top buys this quarter · 15
| PLTR Palantir Technologies Inc. | +$3M |
| TMUS T-Mobile US, Inc. | +$2M |
| META Meta Platforms, Inc. | +$1M |
| XOM Exxon Mobil Corporation | +$0M |
| FCX Freeport-McMoRan Inc. | +$0M |
| SCCO Southern Copper Corporation | +$0M |
| KR The Kroger Co. | +$0M |
| JNJ Johnson & Johnson | +$0M |
| KO The Coca-Cola Company | +$0M |
| AEP American Electric Power Compan | +$0M |
Top sells this quarter · 15
| PEP PepsiCo, Inc. | −$9M |
| GBCI Glacier Bancorp, Inc.exit | −$5M |
| APD Air Products and Chemicals, In | −$8M |
| AAPL Apple Inc. | −$1M |
| GEV GE Vernova Inc. | −$0M |
| VZ Verizon Communications Inc. | −$10M |
| PG The Procter & Gamble Company | −$0M |
| GE GE Aerospace | −$0M |
| PB Prosperity Bancshares, Inc.exit | −$0M |
| WSO Watsco, Inc. | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.05B | 615 | +16.72% | +17.59% | -0.87% | -0.03B |
| 2025-12-31 | $1.06B | 695 | +13.24% | +17.72% | -4.48% | +0.03B |
| 2025-09-30 | $1.01B | 638 | +12.00% | +17.52% | -5.52% | -0.03B |
| 2025-06-30 | $976M | 649 | +11.55% | +14.94% | -3.39% | +0.02B |
| 2025-03-31 | $901M | 598 | +7.65% | +8.30% | -0.65% | +0.02B |
| 2024-12-31 | $895M | 516 | +18.68% | +24.89% | -6.20% | +0.04B |
| 2024-09-30 | $848M | 472 | +30.92% | +36.04% | -5.12% | -0.01B |
| 2024-06-30 | $803M | 548 | +20.15% | +24.49% | -4.34% | +0.03B |
| 2024-03-31 | $755M | 468 | +24.64% | +29.62% | -4.98% | +0.06B |
| 2023-12-31 | $637M | 546 | +21.09% | +26.18% | -5.09% | -0.01B |
| 2023-09-30 | $588M | 593 | +19.42% | +21.57% | -2.14% | +0.01B |
| 2023-06-30 | $594M | 575 | +15.88% | +19.42% | -3.55% | +0.02B |
| 2023-03-31 | $541M | 569 | -5.13% | -7.82% | +2.69% | +0.03B |
| 2022-12-31 | $487M | 585 | -14.29% | -18.17% | +3.89% | +0.03B |
| 2022-09-30 | $418M | 599 | -12.76% | -15.51% | +2.75% | +0.02B |
| 2022-06-30 | $418M | 432 | -7.32% | -10.62% | +3.30% | -0.02B |