Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+3.92%
adds when stocks drop
when a holding falls −10%+
Middle response
-6.31%
baseline attrition
Rally response
-13.92%
trims into rallies
when a holding rises +10%+
Top positions · 24
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| OIO-I Glass, Inc. | $29M | 17.3% | -8.4% | 3.5 yr |
| CCThe Chemours Company | $21M | 12.5% | +67.0% | 7.5 yr |
| FULH.B. Fuller Company | $18M | 10.9% | +11.7% | 4.5 yr |
| KWRQuaker Chemical Corporat | $17M | 10.2% | +2.1% | 1.3 yr |
| AVNTAvient Corporation | $15M | 9.2% | +0.8% | 2.8 yr |
| MEOHMethanex Corporation | $13M | 7.7% | +72.7% | 1.5 yr |
| SEESealed Air Corporation | $12M | 7.4% | +48.7% | 3.5 yr |
| AXTAAxalta Coating Systems L | $11M | 6.7% | -16.5% | 1.5 yr |
| BATLBattalion Oil Corporatio | $8M | 4.7% | +200.0% | 6.3 yr |
| SOLSSolstice Advanced Materi | $7M | 4.5% | — | 0.5 yr |
| PPGPPG Industries, Inc. | $4M | 2.2% | +0.3% | 5.8 yr |
| GXOGXO Logistics, Inc. | $3M | 2.0% | +32.7% | 1.0 yr |
| KROKronos Worldwide, Inc. | $2M | 1.1% | -8.9% | 1.8 yr |
| CVXChevron Corporation | $1M | 0.6% | +29.2% | 0.3 yr |
| VXXiPath Series B S&P 500 V | $1M | 0.6% | — | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Chemicals - Specialty57.3%+45.0pp$95M
Packaging & Containers24.7%+7.2pp$41M
Chemicals7.7%$13M
Oil & Gas Exploration & Production4.7%+2.1pp$8M
Integrated Freight & Logistics2.0%$3M
Oil & Gas Integrated0.6%$1M
Asset Management0.6%+0.3pp$1M
Unknown0.6%-62.7pp$1M
Medical - Devices0.5%+0.3pp$1M
Biotechnology0.4%+0.2pp$1M
Country
US91.7%+55.0pp
CA7.7%
Unknown0.6%-62.7pp
Top 5: 60.1% · Top 10: 91.1% · Top 25: 100.0%
Top buys this quarter · 15
| FUL H.B. Fuller Company | +$16M |
| CC The Chemours Company | +$13M |
| OI O-I Glass, Inc. | +$12M |
| AVNT Avient Corporation | +$8M |
| KWR Quaker Chemical Corporation | +$7M |
| MEOH Methanex Corporation | +$6M |
| AXTA Axalta Coating Systems Ltd. | +$6M |
| PPG PPG Industries, Inc. | +$3M |
| CVX Chevron Corporationnew | +$1M |
| GEMI Gemini Space Station, Inc. Clanew | +$1M |
Top sells this quarter · 14
| BATL Battalion Oil Corporation | −$7M |
| WLK Westlake Corporationexit | −$4M |
| SEE Sealed Air Corporation | −$3M |
| GXO GXO Logistics, Inc. | −$2M |
| KRO Kronos Worldwide, Inc. | −$1M |
| DHX DHI Group, Inc.exit | −$1M |
| LUCD Lucid Diagnostics Inc.exit | −$0M |
| FRMI Fermi Inc. Common Stockexit | −$0M |
| MREO Mereo BioPharma Group plcexit | −$0M |
| CRCL Circle Internet Groupexit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $166M | 24 | +28.62% | +17.59% | +11.03% | +0.04B |
| 2025-12-31 | $108M | 21 | +1.02% | +17.72% | -16.70% | +0.00B |
| 2025-09-30 | $111M | 18 | -26.05% | +17.52% | -43.56% | -0.30B |
| 2025-06-30 | $384M | 19 | -19.25% | +14.94% | -34.20% | +0.06B |
| 2025-03-31 | $299M | 17 | -37.93% | +8.30% | -46.24% | +0.25B |
| 2024-12-31 | $52M | 12 | -37.24% | +24.89% | -62.13% | -0.07B |
| 2024-09-30 | $176M | 18 | +3.72% | +36.04% | -32.32% | -0.00B |
| 2024-06-30 | $154M | 23 | -16.42% | +24.49% | -40.91% | -0.03B |
| 2024-03-31 | $220M | 25 | -2.00% | +29.62% | -31.63% | -0.12B |
| 2023-12-31 | $362M | 22 | +1.59% | +26.18% | -24.59% | -0.01B |
| 2023-09-30 | $324M | 27 | -16.39% | +21.57% | -37.96% | +0.01B |
| 2023-06-30 | $333M | 27 | -18.52% | +19.42% | -37.94% | -0.06B |
| 2023-03-31 | $407M | 27 | -48.54% | -7.82% | -40.72% | +0.02B |
| 2022-12-31 | $401M | 20 | -4.59% | +7.56% | -12.15% | +0.17B |
| 2022-09-30 | $239M | 25 | -7.85% | -4.93% | -2.92% | -0.06B |
| 2022-06-30 | $325M | 22 | -39.23% | -16.11% | -23.12% | +0.05B |