Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.37%
trims when stocks drop
when a holding falls −10%+
Middle response
-1.32%
baseline attrition
Rally response
-6.38%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $76M | 9.1% | +60.9% | 2.8 yr |
| MSFTMicrosoft Corporation | $61M | 7.4% | -0.6% | 8.3 yr |
| GOOGAlphabet Inc. | $49M | 5.9% | +84.3% | 10.5 yr |
| VVisa Inc. | $43M | 5.1% | -13.1% | 10.5 yr |
| MCKMcKesson Corporation | $42M | 5.1% | +29.1% | 3.5 yr |
| AAPLApple Inc. | $42M | 5.0% | +14.7% | 8.8 yr |
| GOOGLAlphabet Inc. | $39M | 4.7% | — | 10.5 yr |
| SYKStryker Corporation | $38M | 4.6% | -11.1% | 9.3 yr |
| LLYEli Lilly and Company | $36M | 4.3% | +12.2% | 6.0 yr |
| GWWW.W. Grainger, Inc. | $31M | 3.7% | +11.4% | 4.3 yr |
| MAMastercard Incorporated | $30M | 3.6% | -8.5% | 10.0 yr |
| INTUIntuit Inc. | $29M | 3.5% | -29.3% | 6.3 yr |
| AVGOBroadcom Inc. | $26M | 3.2% | +86.0% | 1.0 yr |
| METAMeta Platforms, Inc. | $25M | 3.0% | -0.4% | 6.8 yr |
| SPGIS&P Global Inc. | $23M | 2.7% | -15.6% | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Internet Content & Information13.6%+3.3pp$113M
Semiconductors12.4%+5.5pp$103M
Financial - Credit Services8.8%-1.3pp$73M
Software - Infrastructure7.5%-0.2pp$63M
Software - Application6.9%-5.6pp$58M
Medical - Distribution6.2%+3.1pp$52M
Consumer Electronics5.0%+0.4pp$42M
Medical - Devices5.0%-0.5pp$41M
Drug Manufacturers - General4.4%+0.1pp$36M
Industrial - Distribution4.3%+0.8pp$36M
Country
US94.0%+1.7pp
IE5.4%-1.6pp
CA0.2%+0.2pp
Unknown0.2%-0.1pp
IL0.1%-0.2pp
BM0.1%-0.0pp
SG0.0%
Top 5: 32.5% · Top 10: 54.8% · Top 25: 90.2%
Top buys this quarter · 15
| SPGI S&P Global Inc. | +$23M |
| ABNB Airbnb, Inc.new | +$17M |
| TJX The TJX Companies, Inc. | +$15M |
| NOW ServiceNow, Inc.new | +$15M |
| AON Aon plcnew | +$14M |
| SLDE Slide Insurance Holdings, Inc. | +$2M |
| TEL TE Connectivity Ltd.new | +$2M |
| RMD ResMed Inc.new | +$2M |
| CAH Cardinal Health, Inc.new | +$1M |
| TT Trane Technologies plc | +$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $833M | 94 | +1.63% | +17.59% | -15.97% | -0.02B |
| 2025-12-31 | $990M | 90 | +9.73% | +17.72% | -7.99% | -0.03B |
| 2025-09-30 | $1.00B | 90 | +12.45% | +17.52% | -5.07% | +0.01B |
| 2025-06-30 | $977M | 85 | +14.36% | +14.94% | -0.59% | -0.02B |
| 2025-03-31 | $885M | 82 | +2.43% | +8.30% | -5.87% | +0.05B |
| 2024-12-31 | $896M | 76 | +15.71% | +24.89% | -9.17% | -0.02B |
| 2024-09-30 | $877M | 74 | +25.11% | +36.04% | -10.93% | -0.06B |
| 2024-06-30 | $904M | 71 | +19.20% | +24.49% | -5.30% | +0.04B |
| 2024-03-31 | $852M | 72 | +29.59% | +29.62% | -0.03% | +0.05B |
| 2023-12-31 | $757M | 72 | +33.74% | +26.18% | +7.56% | +0.01B |
| 2023-09-30 | $662M | 73 | +28.43% | +21.57% | +6.87% | +0.01B |
| 2023-06-30 | $666M | 73 | +23.84% | +19.42% | +4.42% | +0.01B |
| 2023-03-31 | $595M | 66 | -5.30% | -7.82% | +2.51% | +0.00B |
| 2022-12-31 | $545M | 57 | -15.16% | -18.17% | +3.01% | -0.01B |
| 2022-09-30 | $512M | 54 | -13.19% | -15.51% | +2.31% | -0.03B |
| 2022-06-30 | $566M | 56 | +5.88% | -10.62% | +16.50% | -0.00B |