Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+5.13%
adds when stocks drop
when a holding falls −10%+
Middle response
+2.25%
steady accumulation
Rally response
-7.58%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| YPFYPF Sociedad Anónima | $149M | 17.7% | +31.9% | 4.0 yr |
| KSPIJoint Stock Company Kasp | $80M | 9.4% | -20.2% | 2.0 yr |
| — | $73M | 8.6% | — | 0.5 yr |
| AERAerCap Holdings N.V. | $53M | 6.2% | +35.6% | 4.5 yr |
| CTRACoterra Energy Inc. | $48M | 5.7% | +25.8% | 0.8 yr |
| — | $43M | 5.1% | — | 2.5 yr |
| HEPSD-Market Elektronik Hizm | $43M | 5.1% | -8.1% | 1.5 yr |
| CORZCore Scientific, Inc. | $36M | 4.3% | +106.6% | 0.8 yr |
| PUMPProPetro Holding Corp. | $36M | 4.2% | +96.1% | 3.3 yr |
| LTHLife Time Group Holdings | $32M | 3.8% | -10.8% | 0.5 yr |
| TDSTelephone and Data Syste | $31M | 3.6% | +9.1% | 0.5 yr |
| VISTVista Energy, S.A.B. de | $28M | 3.3% | +62.1% | 0.8 yr |
| TDAYUSA TODAY Co., Inc. | $26M | 3.1% | +143.9% | 0.3 yr |
| LULULululemon Athletica Inc. | $23M | 2.7% | -45.9% | 0.5 yr |
| PAMPampa EnergÃa S.A. | $21M | 2.4% | +14.6% | 9.3 yr |
Portfolio composition (YoY)
Industry mix
Oil & Gas Integrated18.5%-15.6pp$156M
Unknown17.9%+4.9pp$152M
Software - Infrastructure13.7%-9.4pp$116M
Oil & Gas Exploration & Production9.8%+9.3pp$83M
Rental & Leasing Services6.2%-2.4pp$53M
Telecommunications Services5.6%$48M
Specialty Retail5.1%-4.1pp$43M
Oil & Gas Equipment & Services4.2%+2.0pp$36M
Leisure3.8%$32M
Publishing3.1%$26M
Country
US28.8%+18.9pp
AR22.0%-18.8pp
Unknown17.9%+4.9pp
KZ9.4%-13.7pp
IE6.2%+4.3pp
TR5.1%-4.1pp
MX3.3%
CA2.7%
Top 5: 47.6% · Top 10: 70.1% · Top 25: 99.1%
Top buys this quarter · 15
| CTRA Coterra Energy Inc. | +$43M |
| TDAY USA TODAY Co., Inc.new | +$26M |
| AER AerCap Holdings N.V. | +$25M |
| PUMP ProPetro Holding Corp. | +$23M |
| KYIV Kyivstar Group Ltd. Common Shanew | +$17M |
| NU Nu Holdings Ltd.new | +$14M |
| LTH Life Time Group Holdings, Inc. | +$12M |
| PARR Par Pacific Holdings, Inc.new | +$9M |
| MU Micron Technology, Inc.new | +$8M |
| TDS Telephone and Data Systems, In | +$7M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $845M | 40 | +12.86% | +17.59% | -4.73% | +0.15B |
| 2025-12-31 | $632M | 37 | -8.30% | +17.72% | -26.02% | +0.15B |
| 2025-09-30 | $412M | 36 | +5.77% | +17.52% | -11.75% | +0.07B |
| 2025-06-30 | $375M | 33 | +14.75% | +14.94% | -0.19% | +0.01B |
| 2025-03-31 | $383M | 30 | +16.48% | +8.30% | +8.18% | +0.03B |
| 2024-12-31 | $400M | 31 | +22.55% | +24.89% | -2.34% | +0.01B |
| 2024-09-30 | $290M | 41 | +2.94% | +36.04% | -33.10% | +0.04B |
| 2024-06-30 | $248M | 41 | -8.40% | +24.49% | -32.89% | +0.04B |
| 2024-03-31 | $212M | 45 | +8.76% | +29.62% | -20.87% | -0.07B |
| 2023-12-31 | $295M | 51 | +21.78% | +26.18% | -4.39% | -0.02B |
| 2023-09-30 | $281M | 60 | +27.39% | +21.57% | +5.83% | +0.00B |
| 2023-06-30 | $311M | 59 | +50.88% | +19.42% | +31.46% | -0.01B |
| 2023-03-31 | $276M | 61 | +6.70% | -7.82% | +14.52% | +0.02B |
| 2022-12-31 | $240M | 64 | +17.47% | +7.56% | +9.91% | -0.04B |
| 2022-09-30 | $238M | 79 | +5.32% | -4.93% | +10.24% | +0.01B |
| 2022-06-30 | $218M | 64 | -18.10% | -16.11% | -1.99% | +0.05B |