Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+5.05%
adds when stocks drop
when a holding falls −10%+
Middle response
-7.03%
baseline attrition
Rally response
-4.12%
trims into rallies
when a holding rises +10%+
Top positions · 20
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $66M | 21.8% | +60.9% | 2.5 yr |
| TSMTaiwan Semiconductor Man | $33M | 11.0% | +105.6% | 1.3 yr |
| LLYEli Lilly and Company | $25M | 8.4% | +12.2% | 1.0 yr |
| AMZNAmazon.com, Inc. | $20M | 6.8% | +9.5% | 6.3 yr |
| MELIMercadoLibre, Inc. | $15M | 4.9% | -11.4% | 2.0 yr |
| GSThe Goldman Sachs Group, | $14M | 4.8% | +58.1% | 10.5 yr |
| AAPLApple Inc. | $14M | 4.6% | +14.7% | 10.5 yr |
| JPMJPMorgan Chase & Co. | $14M | 4.5% | +21.8% | 10.5 yr |
| PLTRPalantir Technologies In | $13M | 4.2% | +73.3% | 0.3 yr |
| AGM-AFederal Agricultural Mor | $12M | 4.0% | — | 10.3 yr |
| TSLATesla, Inc. | $12M | 4.0% | +43.4% | 4.0 yr |
| BRK-ABerkshire Hathaway Inc. | $11M | 3.6% | — | 10.5 yr |
| EWBCEast West Bancorp, Inc. | $9M | 3.1% | +22.1% | 6.3 yr |
| PKPark Hotels & Resorts In | $9M | 3.1% | +5.7% | 4.8 yr |
| KKRKKR & Co. Inc. | $9M | 3.1% | -19.5% | 7.8 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors32.8%+14.0pp$99M
Specialty Retail11.7%-8.5pp$35M
Drug Manufacturers - General8.4%$25M
Banks - Diversified7.6%-1.4pp$23M
Financial - Capital Markets6.8%+1.9pp$20M
Financial - Credit Services4.8%-4.5pp$15M
Consumer Electronics4.6%-0.4pp$14M
Software - Infrastructure4.2%$13M
Auto - Manufacturers4.0%-0.8pp$12M
Insurance - Diversified3.6%-1.4pp$11M
Country
US84.1%+1.2pp
TW11.0%+9.8pp
UY4.9%-5.2pp
Top 5: 52.9% · Top 10: 75.0% · Top 25: 100.0%
Top buys this quarter · 7
| AGM-A Federal Agricultural Mortgage | +$12M |
| FNMFO Federal National Mortgage Asso | +$0M |
| PLTR Palantir Technologies Inc.new | +$13M |
| COHR Coherent, Inc.new | +$7M |
| LLY Eli Lilly and Company | +$25M |
| MELI MercadoLibre, Inc. | +$15M |
| PK Park Hotels & Resorts Inc. | +$1M |
Top sells this quarter · 15
| NVDA NVIDIA Corporation | −$9M |
| FDX FedEx Corporationexit | −$7M |
| AMZN Amazon.com, Inc. | −$5M |
| TILE Interface, Inc.exit | −$4M |
| NUE Nucor Corporationexit | −$4M |
| EWBC East West Bancorp, Inc. | −$1M |
| CRCL Circle Internet Group | −$6M |
| AAPL Apple Inc. | −$1M |
| SOLS Solstice Advanced Materials In | −$5M |
| GS The Goldman Sachs Group, Inc. | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $301M | 20 | +29.44% | +17.59% | +11.85% | -0.01B |
| 2025-12-31 | $327M | 21 | +19.38% | +17.72% | +1.67% | -0.01B |
| 2025-09-30 | $325M | 19 | +29.12% | +17.52% | +11.61% | -0.02B |
| 2025-06-30 | $311M | 20 | +25.04% | +14.94% | +10.10% | -0.02B |
| 2025-03-31 | $271M | 19 | +4.10% | +8.30% | -4.20% | -0.00B |
| 2024-12-31 | $315M | 19 | +21.76% | +24.89% | -3.13% | -0.01B |
| 2024-09-30 | $298M | 18 | +25.36% | +36.04% | -10.68% | -0.01B |
| 2024-06-30 | $288M | 20 | +16.16% | +24.49% | -8.33% | -0.01B |
| 2024-03-31 | $294M | 22 | +25.79% | +29.62% | -3.83% | +0.00B |
| 2023-12-31 | $286M | 22 | +37.94% | +26.18% | +11.76% | -0.01B |
| 2023-09-30 | $263M | 22 | +27.13% | +21.57% | +5.56% | -0.01B |
| 2023-06-30 | $271M | 22 | +15.88% | +19.42% | -3.55% | -0.01B |
| 2023-03-31 | $257M | 22 | -9.41% | -7.82% | -1.59% | -0.01B |
| 2022-12-31 | $237M | 22 | +5.21% | +7.56% | -2.35% | -0.02B |
| 2022-09-30 | $243M | 22 | -9.57% | -4.93% | -4.64% | -0.00B |
| 2022-06-30 | $270M | 23 | -15.02% | -16.11% | +1.09% | -0.02B |