Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-3.20%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.28%
steady accumulation
Rally response
-5.66%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| SECTMain Sector Rotation ETF | $1.05B | 9.1% | — | 3.3 yr |
| EDGF3EDGE Dynamic Fixed Inco | $362M | 3.1% | — | 1.3 yr |
| BUYWMain BuyWrite ETF | $320M | 2.7% | — | 3.3 yr |
| IVViShares Core S&P 500 ETF | $284M | 2.4% | — | 10.3 yr |
| AAPLApple Inc. | $227M | 2.0% | +14.7% | 10.5 yr |
| NVDANVIDIA Corporation | $223M | 1.9% | +60.9% | 6.8 yr |
| VTIVanguard Total Stock Mar | $202M | 1.7% | — | 10.5 yr |
| VEAVanguard FTSE Developed | $155M | 1.3% | — | 9.8 yr |
| MSFTMicrosoft Corporation | $153M | 1.3% | -0.6% | 10.5 yr |
| VUGVanguard Growth ETF | $134M | 1.2% | — | 10.0 yr |
| IXUSiShares Core MSCI Total | $116M | 1.0% | — | 10.3 yr |
| GOOGLAlphabet Inc. | $109M | 0.9% | — | 10.5 yr |
| VTVVanguard Value ETF | $106M | 0.9% | — | 10.5 yr |
| AGGiShares Core U.S. Aggreg | $104M | 0.9% | — | 10.5 yr |
| AMZNAmazon.com, Inc. | $103M | 0.9% | +9.5% | 8.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management53.7%+2.1pp$6.24B
Semiconductors4.8%+1.9pp$563M
Asset Management - Bonds2.9%-0.4pp$338M
Internet Content & Information2.2%+0.5pp$253M
Software - Infrastructure2.0%-0.5pp$236M
Consumer Electronics2.0%-0.2pp$234M
Drug Manufacturers - General1.9%+0.2pp$225M
Banks - Diversified1.5%+0.3pp$173M
Specialty Retail1.4%-0.3pp$159M
Asset Management - Income1.1%-0.3pp$129M
Country
US94.4%-0.3pp
GB1.0%+0.2pp
IE0.8%-0.3pp
Unknown0.7%+0.2pp
CA0.6%+0.2pp
TW0.4%+0.1pp
CH0.4%+0.1pp
NL0.3%+0.0pp
Top 5: 19.3% · Top 10: 26.8% · Top 25: 37.9%
Top buys this quarter · 15
| AZN AstraZeneca PLCnew | +$16M |
| CL Colgate-Palmolive Company | +$6M |
| SNDK Sandisk Corporation | +$4M |
| PIPR Piper Sandler Companiesnew | +$4M |
| AUGO Aura Mineralsnew | +$4M |
| HON Honeywell International Inc. | +$3M |
| RIO Rio Tinto Group | +$3M |
| IONS Ionis Pharmaceuticals, Inc. | +$3M |
| APH Amphenol Corporation | +$3M |
| INDV Indivior Pharmaceuticals Incnew | +$3M |
Top sells this quarter · 15
| AAPL Apple Inc. | −$35M |
| MSFT Microsoft Corporation | −$31M |
| NVDA NVIDIA Corporation | −$23M |
| SPY State Street SPDR S&P 500 ETF | −$22M |
| AMZN Amazon.com, Inc. | −$20M |
| JPM JPMorgan Chase & Co. | −$11M |
| SO The Southern Company | −$10M |
| AVGO Broadcom Inc. | −$9M |
| COF Capital One Financial Corporat | −$8M |
| XOM Exxon Mobil Corporation | −$38M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $11.63B | 1916 | +15.49% | +17.59% | -2.10% | -1.60B |
| 2025-12-31 | $13.54B | 2078 | +15.87% | +17.72% | -1.85% | +0.52B |
| 2025-09-30 | $12.81B | 2023 | +14.80% | +17.52% | -2.72% | +0.40B |
| 2025-06-30 | $11.63B | 1958 | +14.93% | +14.94% | -0.01% | +0.60B |
| 2025-03-31 | $10.12B | 1864 | +5.72% | +8.30% | -2.58% | +0.36B |
| 2024-12-31 | $9.97B | 1807 | +17.07% | +24.89% | -7.82% | -0.08B |
| 2024-09-30 | $9.97B | 1766 | +29.24% | +36.04% | -6.80% | -0.08B |
| 2024-06-30 | $9.41B | 1702 | +16.81% | +24.49% | -7.68% | +0.10B |
| 2024-03-31 | $9.28B | 1674 | +23.48% | +29.62% | -6.14% | +0.01B |
| 2023-12-31 | $8.54B | 1642 | +19.72% | +26.18% | -6.46% | -0.59B |
| 2023-09-30 | $8.21B | 1602 | +17.68% | +21.57% | -3.88% | -0.75B |
| 2023-06-30 | $9.28B | 1607 | +16.20% | +19.42% | -3.23% | +1.10B |
| 2023-03-31 | $7.71B | 1541 | -5.67% | -7.82% | +2.15% | +2.46B |
| 2022-12-31 | $5.00B | 1342 | -14.46% | -18.17% | +3.72% | -0.26B |
| 2022-09-30 | $4.81B | 1315 | -13.07% | -15.51% | +2.44% | -0.21B |
| 2022-06-30 | $5.27B | 1344 | -8.30% | -10.62% | +2.32% | -0.32B |