Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.30%
trims when stocks drop
when a holding falls −10%+
Middle response
-18.70%
baseline attrition
Rally response
-25.21%
trims into rallies
when a holding rises +10%+
Top positions · 1
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| PTLOPortillo's Inc. | $6M | 100.0% | -55.5% | 4.5 yr |
Portfolio composition (YoY)
Industry mix
Restaurants100.0%+0.0pp$6M
Country
US100.0%+0.0pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Top buys this quarter · 0
No buys this quarter
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 | $6M | 1 | -55.51% | +17.59% | -73.10% | +0.00B |
| 2025-12-31 | $5M | 1 | -51.70% | +17.72% | -69.42% | -0.00B |
| 2025-09-30 | $7M | 1 | -52.12% | +17.52% | -69.63% | +0.00B |
| 2025-06-30 | $12M | 1 | +20.06% | +14.94% | +5.12% | -0.03B |
| 2025-03-31 | $45M | 1 | -16.15% | +8.30% | -24.45% | +0.00B |
| 2024-12-31 | $35M | 1 | -40.99% | +24.89% | -65.88% | -0.00B |
| 2024-09-30 | $51M | 1 | -12.48% | +36.04% | -48.51% | -0.03B |
| 2024-06-30 | $58M | 1 | -56.86% | +24.49% | -81.35% | +0.00B |
| 2024-03-31 | $84M | 1 | -33.65% | +29.62% | -63.27% | +0.00B |
| 2023-12-31 | $94M | 1 | -16.21% | +26.18% | -42.38% | -0.00B |
| 2023-09-30 | $91M | 1 | -20.78% | +21.57% | -42.35% | +0.00B |
| 2023-06-30 | $133M | 1 | +34.14% | +19.42% | +14.71% | -0.00B |
| 2023-03-31 | $130M | 1 | -2.71% | -7.82% | +5.11% | -0.48B |
| 2022-12-31 | $540M | 3 | -2.14% | +7.56% | -9.71% | -0.40B |
| 2022-09-30 | $965M | 3 | +15.67% | -4.93% | +20.60% | -0.21B |
| 2022-06-30 | $1.02B | 3 | -23.53% | -16.11% | -7.42% | -0.08B |