Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.77%
trims when stocks drop
when a holding falls −10%+
Middle response
+2.47%
steady accumulation
Rally response
+0.30%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| GOOGAlphabet Inc. | $97M | 11.4% | +84.3% | 10.5 yr |
| GOOGLAlphabet Inc. | $94M | 10.9% | — | 10.5 yr |
| MSFTMicrosoft Corporation | $66M | 7.8% | -0.6% | 10.5 yr |
| AAPLApple Inc. | $54M | 6.3% | +14.7% | 10.5 yr |
| COSTCostco Wholesale Corpora | $48M | 5.6% | +5.9% | 10.5 yr |
| VVisa Inc. | $43M | 5.0% | -13.1% | 10.5 yr |
| ORCLOracle Corporation | $29M | 3.3% | +5.9% | 10.5 yr |
| BRK-BBerkshire Hathaway Inc. | $28M | 3.2% | — | 10.5 yr |
| ABBVAbbVie Inc. | $24M | 2.8% | +7.3% | 10.5 yr |
| JNJJohnson & Johnson | $22M | 2.6% | +51.5% | 10.5 yr |
| GLDSPDR Gold Shares | $22M | 2.6% | — | 10.5 yr |
| LRCXLam Research Corporation | $21M | 2.5% | +196.1% | 1.8 yr |
| AMZNAmazon.com, Inc. | $18M | 2.1% | +9.5% | 10.5 yr |
| AMLPAlerian MLP ETF | $18M | 2.1% | — | 4.0 yr |
| CVXChevron Corporation | $15M | 1.8% | +29.2% | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Internet Content & Information22.7%+7.7pp$194M
Software - Infrastructure11.2%-2.5pp$96M
Asset Management7.8%+1.9pp$67M
Drug Manufacturers - General6.9%-0.4pp$59M
Consumer Electronics6.3%-1.1pp$54M
Discount Stores5.8%-1.0pp$50M
Financial - Credit Services5.6%-2.1pp$48M
Semiconductors3.7%+2.7pp$32M
Insurance - Diversified3.2%-1.0pp$28M
Oil & Gas Integrated2.8%+0.4pp$24M
Country
US94.7%+1.6pp
AU1.6%+0.2pp
IE1.6%+0.0pp
CA1.5%+0.9pp
GB0.3%+0.1pp
Unknown0.2%-2.8pp
CH0.1%-0.0pp
Top 5: 42.0% · Top 10: 59.0% · Top 25: 82.4%
Top buys this quarter · 15
| EMR Emerson Electric Co. | +$1M |
| WAT Waters Corporation | +$1M |
| XOM Exxon Mobil Corporation | +$1M |
| NVDA NVIDIA Corporation | +$0M |
| AEM Agnico Eagle Mines Limited | +$0M |
| CVX Chevron Corporation | +$0M |
| FITB Fifth Third Bancorpnew | +$0M |
| LMT Lockheed Martin Corporation | +$0M |
| NKE NIKE, Inc. | +$3M |
| CSCO Cisco Systems, Inc. | +$0M |
Top sells this quarter · 15
| ORCL Oracle Corporation | −$3M |
| COP ConocoPhillips | −$2M |
| COST Costco Wholesale Corporation | −$42M |
| ADP Automatic Data Processing, Inc | −$1M |
| JNJ Johnson & Johnson | −$19M |
| MSFT Microsoft Corporation | −$1M |
| FANG Diamondback Energy, Inc.exit | −$1M |
| AAPL Apple Inc. | −$1M |
| V Visa Inc. | −$1M |
| GOOG Alphabet Inc. | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $855M | 118 | +16.23% | +17.59% | -1.36% | -0.00B |
| 2025-12-31 | $896M | 114 | +18.05% | +17.72% | +0.33% | +0.04B |
| 2025-09-30 | $840M | 109 | +15.52% | +17.52% | -2.00% | +0.05B |
| 2025-06-30 | $711M | 98 | +9.00% | +14.94% | -5.94% | -0.08B |
| 2025-03-31 | $741M | 103 | +6.54% | +8.30% | -1.77% | -0.01B |
| 2024-12-31 | $769M | 107 | +15.35% | +24.89% | -9.54% | +0.00B |
| 2024-09-30 | $769M | 111 | +26.90% | +36.04% | -9.13% | -0.00B |
| 2024-06-30 | $740M | 109 | +19.21% | +24.49% | -5.28% | +0.01B |
| 2024-03-31 | $699M | 109 | +22.64% | +29.62% | -6.98% | +0.05B |
| 2023-12-31 | $616M | 101 | +22.59% | +26.18% | -3.58% | -0.03B |
| 2023-09-30 | $586M | 97 | +20.26% | +21.57% | -1.31% | -0.02B |
| 2023-06-30 | $621M | 107 | +16.06% | +19.42% | -3.36% | -0.01B |
| 2023-03-31 | $587M | 106 | -5.77% | -7.82% | +2.05% | -0.01B |
| 2022-12-31 | $563M | 106 | -14.81% | -18.17% | +3.36% | -0.01B |
| 2022-09-30 | $531M | 108 | -12.24% | -15.51% | +3.27% | -0.01B |
| 2022-06-30 | $571M | 112 | -6.87% | -10.62% | +3.75% | -0.02B |