Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+14.87%
adds when stocks drop
when a holding falls −10%+
Middle response
-0.05%
baseline attrition
Rally response
-29.05%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| GOOGAlphabet Inc. | $53M | 9.3% | +84.3% | 1.3 yr |
| CUKCarnival Corporation & p | $16M | 2.7% | +47.7% | 1.5 yr |
| ACLXArcellx, Inc. | $15M | 2.7% | — | 0.3 yr |
| HOLXHologic, Inc. | $15M | 2.7% | +22.4% | 0.5 yr |
| FOXFox Corporation | $13M | 2.3% | +1.8% | 1.3 yr |
| CSGSCSG Systems Internationa | $12M | 2.1% | +34.6% | 0.5 yr |
| ALAir Lease Corporation | $12M | 2.1% | +36.3% | 0.8 yr |
| FOLDAmicus Therapeutics, Inc | $11M | 2.0% | +77.2% | 0.5 yr |
| IWMiShares Russell 2000 ETF | $10M | 1.8% | — | 1.0 yr |
| KVUEKenvue Inc. | $9M | 1.6% | -25.0% | 0.5 yr |
| EAElectronic Arts Inc. | $9M | 1.6% | +41.7% | 0.5 yr |
| BIPCBrookfield Infrastructur | $9M | 1.6% | +13.7% | 0.3 yr |
| UAAUnder Armour, Inc. | $9M | 1.6% | -5.4% | 1.0 yr |
| TXNMTXNM Energy, Inc. | $9M | 1.6% | +12.5% | 1.0 yr |
| OSOneStream, Inc. Class A | $9M | 1.5% | +12.5% | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management17.0%+9.2pp$96M
Internet Content & Information9.7%+3.9pp$55M
Biotechnology6.7%+5.2pp$38M
Entertainment4.9%+0.6pp$28M
Unknown3.9%-13.3pp$22M
Software - Application3.8%+0.2pp$21M
Medical - Instruments & Supplies3.3%+3.0pp$19M
Medical - Devices3.3%+1.1pp$19M
Rental & Leasing Services2.9%+1.3pp$17M
Leisure2.7%+1.2pp$16M
Country
US87.5%+17.2pp
Unknown3.9%-13.3pp
GB1.9%+1.3pp
CH1.5%-0.3pp
IE1.4%+0.7pp
CA1.2%+0.8pp
BM1.0%-1.6pp
ES0.5%-0.1pp
Top 5: 19.8% · Top 10: 29.4% · Top 25: 51.2%
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| UAA | $8M | -0.00B | -5.4% |
Top buys this quarter · 15
| GOOG Alphabet Inc. | +$36M |
| CUK Carnival Corporation & plc | +$12M |
| AL Air Lease Corporation | +$10M |
| BIPC Brookfield Infrastructure Corpnew | +$9M |
| OS OneStream, Inc. Class A Commonnew | +$9M |
| PEN Penumbra, Inc.new | +$8M |
| FOLD Amicus Therapeutics, Inc. | +$8M |
| CWAN Clearwater Analytics Holdings,new | +$7M |
| WBS Webster Financial Corporationnew | +$7M |
| KVUE Kenvue Inc. | +$7M |
Top sells this quarter · 15
| AMZN Amazon.com, Inc.exit | −$11M |
| BEP Brookfield Renewable Partners | −$8M |
| CFLT Confluent, Inc.exit | −$7M |
| BIP Brookfield Infrastructure Partexit | −$7M |
| TGNA TEGNA Inc.exit | −$6M |
| BBU Brookfield Business Partners Lexit | −$6M |
| ROIV Roivant Sciences Ltd.exit | −$4M |
| SWK Stanley Black & Decker, Inc.exit | −$3M |
| SYK Stryker Corporationexit | −$2M |
| HAL Halliburton Company | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $568M | 203 | +28.07% | +17.59% | +10.48% | -0.02B |
| 2025-12-31 | $587M | 206 | +17.45% | +17.72% | -0.27% | -0.03B |
| 2025-09-30 | $566M | 207 | +9.46% | +8.12% | +1.34% | -0.06B |
| 2025-06-30 | $576M | 223 | +7.41% | +10.78% | -3.37% | +0.01B |
| 2025-03-31 | $523M | 209 | -8.65% | -4.27% | -4.39% | +0.21B |
| 2024-12-31 | $345M | 169 | — | — | — | — |