Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.58%
adds when stocks drop
when a holding falls −10%+
Middle response
-0.05%
baseline attrition
Rally response
-0.19%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VEAVanguard FTSE Developed | $15M | 13.2% | — | 0.5 yr |
| FNDXSchwab Fundamental U.S. | $10M | 9.2% | — | 0.5 yr |
| VIGVanguard Dividend Apprec | $9M | 8.3% | — | 0.5 yr |
| DGSWisdomTree Emerging Mark | $7M | 6.3% | — | 0.5 yr |
| VIGIVanguard International D | $5M | 4.0% | — | 0.5 yr |
| AVDVAvantis International Sm | $4M | 3.6% | — | 0.5 yr |
| VOOVanguard S&P 500 ETF | $4M | 3.4% | — | 0.3 yr |
| IJRiShares Core S&P Small-C | $4M | 3.2% | — | 0.5 yr |
| GNRState Street SPDR S&P Gl | $4M | 3.2% | — | 0.5 yr |
| BNDVanguard Total Bond Mark | $3M | 3.1% | — | 0.5 yr |
| REETiShares Global REIT ETF | $3M | 2.7% | — | 0.5 yr |
| VUSBVanguard Ultra-Short Bon | $3M | 2.6% | — | 0.5 yr |
| CGCPCapital Group Core Plus | $2M | 2.1% | — | 0.5 yr |
| VTIPVanguard Short-Term Infl | $2M | 1.9% | — | 0.5 yr |
| PICBInvesco International Co | $2M | 1.9% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management62.0%$70M
Asset Management - Global5.9%$7M
Asset Management - Bonds5.6%$6M
Asset Management - Income3.2%$4M
Asset Management - Leveraged1.9%$2M
Insurance - Property & Casualty1.6%$2M
Banks - Diversified1.5%$2M
Industrial - Machinery1.4%$2M
Home Improvement1.3%$1M
Insurance - Diversified1.1%$1M
Country
US96.2%
IE1.7%
CA0.7%
BE0.7%
MX0.4%
CH0.2%
Top 5: 41.1% · Top 10: 57.7% · Top 25: 81.5%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| LOW Lowe's Companies, Inc.new | +$1M |
| MKL Markel Corporationnew | +$1M |
| PEP PepsiCo, Inc.new | +$1M |
| AXP American Express Companynew | +$1M |
| VMI Valmont Industries, Inc.new | +$1M |
| GHC Graham Holdings Companynew | +$1M |
| AMGN Amgen Inc.new | +$1M |
| AGCO AGCO Corporationnew | +$1M |
| NRG NRG Energy, Inc.new | +$1M |
| NTR Nutrien Ltd.new | +$1M |
Top sells this quarter · 14
| BUD Anheuser-Busch InBev SA/NV | −$1M |
| BAC Bank of America Corporation | −$0M |
| JCI Johnson Controls International | −$1M |
| CX CEMEX, S.A.B. de C.V. | −$0M |
| INTC Intel Corporation | −$1M |
| UHAL-B U-Haul Holding Company | −$0M |
| FDM First Trust Dow Jones Select M | −$0M |
| VRP Invesco Variable Rate Preferre | −$0M |
| JMST JPMorgan Ultra-Short Municipal | −$0M |
| GNR State Street SPDR S&P Global N | −$3M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $114M | 68 | +1.60% | -4.37% | +5.97% | +0.03B |
| 2025-12-31 | $87M | 36 | — | — | — | — |