Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.95%
adds when stocks drop
when a holding falls −10%+
Middle response
-1.10%
baseline attrition
Rally response
-12.27%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| TSMTaiwan Semiconductor Man | $179M | 6.3% | +105.6% | 6.3 yr |
| AMZNAmazon.com, Inc. | $129M | 4.5% | +9.5% | 9.3 yr |
| GOOGLAlphabet Inc. | $119M | 4.2% | — | 10.5 yr |
| VVisa Inc. | $110M | 3.9% | -13.1% | 9.8 yr |
| LOWLowe's Companies, Inc. | $86M | 3.0% | +3.4% | 10.0 yr |
| CARRCarrier Global Corporati | $80M | 2.8% | -9.9% | 2.3 yr |
| MSFTMicrosoft Corporation | $79M | 2.8% | -0.6% | 10.5 yr |
| ULTAUlta Beauty, Inc. | $78M | 2.8% | +42.6% | 6.8 yr |
| AAgilent Technologies, In | $77M | 2.7% | -1.8% | 6.3 yr |
| MAMastercard Incorporated | $75M | 2.6% | -8.5% | 7.3 yr |
| WFCWells Fargo & Company | $70M | 2.5% | +13.3% | 10.5 yr |
| SBUXStarbucks Corporation | $69M | 2.4% | -6.1% | 4.3 yr |
| TMOThermo Fisher Scientific | $68M | 2.4% | -0.9% | 1.0 yr |
| SCHWThe Charles Schwab Corpo | $66M | 2.3% | +21.5% | 6.3 yr |
| NFLXNetflix, Inc. | $56M | 2.0% | +3.1% | 4.3 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors8.7%+3.1pp$248M
Asset Management7.7%-0.1pp$217M
Specialty Retail7.3%-1.5pp$207M
Financial - Credit Services6.6%-1.6pp$186M
Internet Content & Information6.5%-2.1pp$183M
Medical - Diagnostics & Research5.1%+1.6pp$146M
Asset Management - Bonds4.6%-2.9pp$130M
Industrial - Machinery4.2%+0.5pp$120M
Banks - Diversified3.8%+0.0pp$109M
Home Improvement3.1%-0.9pp$87M
Country
US87.7%-6.2pp
TW6.3%+1.2pp
IE1.9%+1.6pp
CA1.8%+1.7pp
GB1.7%+1.6pp
Unknown0.3%-0.1pp
CH0.1%-0.0pp
NL0.0%+0.0pp
Top 5: 22.0% · Top 10: 35.7% · Top 25: 63.5%
Top buys this quarter · 15
| V Visa Inc. | +$51M |
| CVX Chevron Corporation | +$27M |
| GLW Corning Incorporatednew | +$27M |
| ENB Enbridge Inc.new | +$27M |
| NEE NextEra Energy, Inc. | +$26M |
| AMGN Amgen Inc. | +$26M |
| APD Air Products and Chemicals, Innew | +$25M |
| HON Honeywell International Inc.new | +$25M |
| NFLX Netflix, Inc. | +$25M |
| TEL TE Connectivity Ltd.new | +$24M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $2.83B | 284 | +17.18% | +17.59% | -0.42% | +0.53B |
| 2025-12-31 | $2.40B | 250 | +14.41% | +17.72% | -3.31% | -0.07B |
| 2025-09-30 | $2.37B | 221 | +15.49% | +17.52% | -2.03% | +0.03B |
| 2025-06-30 | $2.21B | 175 | +16.62% | +14.94% | +1.68% | +0.02B |
| 2025-03-31 | $1.98B | 143 | +2.28% | +8.30% | -6.02% | +0.07B |
| 2024-12-31 | $2.04B | 139 | +24.41% | +24.89% | -0.48% | -0.16B |
| 2024-09-30 | $2.09B | 136 | +38.16% | +36.04% | +2.13% | +0.03B |
| 2024-06-30 | $1.94B | 114 | +20.01% | +24.49% | -4.48% | +0.08B |
| 2024-03-31 | $1.91B | 112 | +33.89% | +29.62% | +4.27% | -0.06B |
| 2023-12-31 | $1.72B | 93 | +28.79% | +26.18% | +2.61% | -0.05B |
| 2023-09-30 | $1.52B | 86 | +19.70% | +21.57% | -1.87% | +0.05B |
| 2023-06-30 | $1.58B | 89 | +25.33% | +19.42% | +5.90% | -0.03B |
| 2023-03-31 | $1.49B | 91 | -1.75% | -7.82% | +6.06% | -0.00B |
| 2022-12-31 | $1.36B | 96 | -12.37% | -18.17% | +5.80% | -0.08B |
| 2022-09-30 | $1.32B | 98 | +61.28% | -15.51% | +76.79% | -0.00B |
| 2022-06-30 | $1.37B | 79 | -14.97% | -16.11% | +1.14% | -0.06B |