Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-3.30%
trims when stocks drop
when a holding falls −10%+
Middle response
-3.32%
baseline attrition
Rally response
-3.58%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| IEFAiShares Core MSCI EAFE E | $124M | 10.0% | — | 10.3 yr |
| IWMiShares Russell 2000 ETF | $65M | 5.2% | — | 10.3 yr |
| SPYState Street SPDR S&P 50 | $59M | 4.8% | +17.6% | 10.3 yr |
| IVViShares Core S&P 500 ETF | $56M | 4.5% | — | 10.3 yr |
| IJRiShares Core S&P Small-C | $42M | 3.4% | — | 10.3 yr |
| JIREJPMorgan International R | $38M | 3.0% | — | 1.8 yr |
| JEPIJPMorgan Equity Premium | $36M | 2.9% | — | 1.0 yr |
| IEMGiShares Core MSCI Emergi | $36M | 2.9% | — | 10.3 yr |
| IEFiShares 7-10 Year Treasu | $34M | 2.7% | — | 6.8 yr |
| PGThe Procter & Gamble Com | $32M | 2.6% | -12.9% | 10.3 yr |
| DFEMDimensional - Emerging M | $31M | 2.5% | — | 0.5 yr |
| AAPLApple Inc. | $31M | 2.5% | +14.7% | 10.3 yr |
| MSFTMicrosoft Corporation | $25M | 2.1% | -0.6% | 10.3 yr |
| GOOGLAlphabet Inc. | $23M | 1.9% | — | 10.3 yr |
| FFBCFirst Financial Bancorp. | $23M | 1.8% | +16.0% | 10.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management49.5%+3.6pp$614M
Asset Management - Income2.9%+2.9pp$36M
Asset Management - Bonds2.8%-0.1pp$35M
Software - Infrastructure2.8%-0.8pp$35M
Banks - Diversified2.7%-0.1pp$34M
Household & Personal Products2.7%-1.5pp$33M
Consumer Electronics2.5%-0.4pp$31M
Semiconductors2.4%+0.8pp$29M
Insurance - Property & Casualty2.3%-0.5pp$29M
Drug Manufacturers - General2.2%-0.2pp$28M
Country
US96.9%+0.0pp
IE1.4%-0.3pp
Unknown0.9%+0.4pp
IL0.4%-0.4pp
GB0.4%+0.3pp
CA0.0%-0.0pp
Top 5: 28.0% · Top 10: 42.1% · Top 25: 64.9%
Top buys this quarter · 15
| NVDA NVIDIA Corporation | +$10M |
| AMZN Amazon.com, Inc. | +$3M |
| MDT Medtronic plc | +$2M |
| PM Philip Morris International In | +$2M |
| SHW The Sherwin-Williams Company | +$2M |
| MSFT Microsoft Corporation | +$25M |
| SPY State Street SPDR S&P 500 ETF | +$59M |
| LIN Linde plc | +$1M |
| XYL Xylem Inc. | +$1M |
| DLTR Dollar Tree, Inc. | +$0M |
Top sells this quarter · 15
| GLW Corning Incorporated | −$12M |
| INTC Intel Corporation | −$5M |
| RCL Royal Caribbean Cruises Ltd. | −$3M |
| IBM International Business Machine | −$1M |
| PG The Procter & Gamble Company | −$1M |
| ROST Ross Stores, Inc. | −$7M |
| GM General Motors Company | −$1M |
| FFBC First Financial Bancorp. | −$21M |
| HIG The Hartford Financial Service | −$1M |
| ACN Accenture plc | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.24B | 197 | +13.31% | +17.59% | -4.28% | +0.04B |
| 2025-12-31 | $1.22B | 205 | +14.17% | +17.72% | -3.55% | +0.03B |
| 2025-09-30 | $1.17B | 212 | +13.39% | +17.52% | -4.13% | -0.03B |
| 2025-06-30 | $1.14B | 210 | +14.69% | +14.94% | -0.25% | +0.04B |
| 2025-03-31 | $1.03B | 201 | +6.65% | +8.30% | -1.65% | -0.03B |
| 2024-12-31 | $1.07B | 210 | +16.37% | +24.89% | -8.51% | -0.03B |
| 2024-09-30 | $1.09B | 210 | +27.22% | +36.04% | -8.82% | +0.00B |
| 2024-06-30 | $1.01B | 204 | +14.38% | +24.49% | -10.11% | -0.02B |
| 2024-03-31 | $1.04B | 203 | +20.21% | +29.62% | -9.42% | -0.02B |
| 2023-12-31 | $981M | 198 | +13.00% | +26.18% | -13.18% | -0.02B |
| 2023-09-30 | $911M | 193 | +16.42% | +21.57% | -5.15% | -0.01B |
| 2023-06-30 | $958M | 198 | +14.34% | +19.42% | -5.09% | -0.02B |
| 2023-03-31 | $934M | 198 | -4.37% | -7.82% | +3.45% | -0.01B |
| 2022-12-31 | $925M | 195 | -10.57% | -18.17% | +7.60% | -0.00B |
| 2022-09-30 | $815M | 182 | -12.65% | -15.51% | +2.86% | +0.04B |
| 2022-06-30 | $820M | 176 | -7.09% | -10.62% | +3.53% | +0.00B |