Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-4.98%
trims when stocks drop
when a holding falls −10%+
Middle response
-2.20%
baseline attrition
Rally response
-7.27%
trims into rallies
when a holding rises +10%+
Top positions · 3
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| EQPTEquipmentShare.com Inc. | $362M | 83.0% | — | 0.3 yr |
| SSentinelOne, Inc. | $64M | 14.6% | -29.2% | 4.8 yr |
| DNAGinkgo Bioworks Holdings | $11M | 2.5% | +7.5% | 1.8 yr |
Portfolio composition (YoY)
Industry mix
Rental & Leasing Services83.0%$362M
Software - Infrastructure14.6%-22.8pp$64M
Biotechnology2.5%-22.0pp$11M
Country
US100.0%+21.9pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| S | $90M | -0.03B | -29.2% |
Top buys this quarter · 1
| EQPT EquipmentShare.com Inc.new | +$362M |
Top sells this quarter · 0
No sells this quarter
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $436M | 3 | -20.28% | +17.59% | -37.87% | +0.36B |
| 2025-12-31 | $89M | 2 | -22.89% | +17.72% | -40.61% | -0.01B |
| 2025-09-30 | $117M | 4 | -5.80% | +17.52% | -23.32% | -0.16B |
| 2025-06-30 | $259M | 6 | -4.19% | +14.94% | -19.13% | -0.01B |
| 2025-03-31 | $240M | 6 | -19.61% | +8.30% | -27.92% | +0.02B |
| 2024-12-31 | $273M | 6 | -6.44% | +24.89% | -31.32% | -0.09B |
| 2024-09-30 | $375M | 6 | +31.82% | +36.04% | -4.22% | +0.03B |
| 2024-06-30 | $317M | 7 | +26.24% | +24.49% | +1.75% | -0.04B |
| 2024-03-31 | $378M | 8 | +64.16% | +29.62% | +34.54% | -0.25B |
| 2023-12-31 | $666M | 10 | +62.18% | +26.18% | +36.00% | -0.04B |
| 2023-09-30 | $514M | 11 | -19.37% | +21.57% | -40.94% | -0.05B |
| 2023-06-30 | $543M | 11 | -13.72% | +19.42% | -33.15% | -0.04B |
| 2023-03-31 | $478M | 11 | -61.99% | -7.82% | -54.18% | +0.00B |
| 2022-12-31 | $510M | 11 | -31.74% | +7.56% | -39.30% | +0.01B |
| 2022-09-30 | $738M | 12 | +11.38% | -4.93% | +16.31% | +0.04B |
| 2022-06-30 | $629M | 12 | -46.42% | -16.11% | -30.31% | +0.08B |