Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+7.49%
adds when stocks drop
when a holding falls −10%+
Middle response
-5.86%
baseline attrition
Rally response
-22.65%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $169M | 5.9% | — | 0.5 yr |
| MSFTMicrosoft Corporation | $129M | 4.5% | — | 0.5 yr |
| AAPLApple Inc. | $106M | 3.7% | — | 0.5 yr |
| AMZNAmazon.com, Inc. | $72M | 2.5% | — | 0.5 yr |
| ADSKAutodesk, Inc. | $58M | 2.0% | — | 0.5 yr |
| AMATApplied Materials, Inc. | $57M | 2.0% | — | 0.5 yr |
| GOOGLAlphabet Inc. | $52M | 1.8% | — | 0.5 yr |
| ACNAccenture plc | $46M | 1.6% | — | 0.5 yr |
| AVGOBroadcom Inc. | $44M | 1.6% | — | 0.5 yr |
| TXNTexas Instruments Incorp | $43M | 1.5% | — | 0.5 yr |
| CRMSalesforce, Inc. | $43M | 1.5% | — | 0.5 yr |
| ABBVAbbVie Inc. | $40M | 1.4% | — | 0.5 yr |
| XOMExxon Mobil Corporation | $37M | 1.3% | — | 0.5 yr |
| MRKMerck & Co., Inc. | $35M | 1.2% | — | 0.5 yr |
| GILDGilead Sciences, Inc. | $35M | 1.2% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors12.8%$363M
Drug Manufacturers - General7.6%$215M
Software - Infrastructure6.4%$183M
Software - Application5.4%$153M
Consumer Electronics4.2%$121M
Internet Content & Information3.7%$104M
Banks - Diversified2.9%$81M
Specialty Retail2.7%$77M
Industrial - Machinery2.6%$75M
Biotechnology2.6%$74M
Country
US90.5%
IE3.2%
Unknown1.7%
GB1.0%
CH0.8%
CA0.6%
BR0.6%
IT0.4%
Top 5: 18.8% · Top 10: 27.3% · Top 25: 43.7%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| ACN Accenture plc | +$36M |
| ADSK Autodesk, Inc. | +$23M |
| TDW Tidewater Inc. | +$20M |
| CRM Salesforce, Inc. | +$18M |
| WBI WaterBridge Infrastructure LLCnew | +$17M |
| PFE Pfizer Inc. | +$16M |
| UNH UnitedHealth Group Incorporate | +$15M |
| RIG Transocean Ltd. | +$13M |
| MSFT Microsoft Corporation | +$129M |
| MRK Merck & Co., Inc. | +$12M |
Top sells this quarter · 15
| AMAT Applied Materials, Inc. | −$57M |
| VZ Verizon Communications Inc. | −$31M |
| WMB The Williams Companies, Inc. | −$24M |
| GILD Gilead Sciences, Inc. | −$23M |
| CMI Cummins Inc. | −$19M |
| WMT Walmart Inc. | −$18M |
| AXIA AXIA Energia S.A. | −$16M |
| C Citigroup Inc. | −$13M |
| TSM Taiwan Semiconductor Manufactu | −$13M |
| APD Air Products and Chemicals, In | −$11M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $2.85B | 462 | -0.37% | -4.37% | +4.00% | +0.07B |
| 2025-12-31 | $2.78B | 435 | — | — | — | — |