Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+3.11%
adds when stocks drop
when a holding falls −10%+
Middle response
+1.73%
steady accumulation
Rally response
+0.94%
adds into rallies
when a holding rises +10%+
Top positions · 24
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AMZNAmazon.com, Inc. | $861M | 36.3% | +9.5% | 10.3 yr |
| MSFTMicrosoft Corporation | $312M | 13.2% | -0.6% | 10.5 yr |
| AAPLApple Inc. | $145M | 6.1% | +14.7% | 10.3 yr |
| NVDANVIDIA Corporation | $121M | 5.1% | +60.9% | 9.3 yr |
| VTIVanguard Total Stock Mar | $93M | 3.9% | — | 10.3 yr |
| DFGRDimensional - Global Rea | $74M | 3.1% | — | 3.5 yr |
| DFICDimensional - Internatio | $74M | 3.1% | — | 3.8 yr |
| DCORDimensional - US Core Eq | $74M | 3.1% | — | 2.5 yr |
| DFACDimensional - US Core Eq | $69M | 2.9% | — | 5.0 yr |
| DFAIDimensional - Internatio | $62M | 2.6% | — | 4.8 yr |
| IWBiShares Russell 1000 ETF | $57M | 2.4% | — | 10.5 yr |
| GOOGAlphabet Inc. | $52M | 2.2% | +84.3% | 10.0 yr |
| VTVanguard Total World Sto | $45M | 1.9% | — | 8.8 yr |
| DFAUDimensional - US Core Eq | $45M | 1.9% | — | 4.8 yr |
| GOOGLAlphabet Inc. | $41M | 1.7% | — | 10.0 yr |
Portfolio composition (YoY)
Industry mix
Specialty Retail36.3%+12.2pp$861M
Asset Management28.9%-1.7pp$686M
Software - Infrastructure13.2%+2.3pp$312M
Consumer Electronics6.1%+2.4pp$145M
Semiconductors5.1%+2.6pp$121M
Internet Content & Information3.9%+1.7pp$93M
Asset Management - Global3.1%+0.9pp$74M
Telecommunications Services1.3%-0.4pp$30M
Oil & Gas Integrated1.1%+0.4pp$27M
Restaurants1.0%+0.3pp$24M
Country
US100.0%+1.3pp
Top 5: 64.5% · Top 10: 79.4% · Top 25: 100.0%
Top buys this quarter · 15
| MSFT Microsoft Corporation | +$312M |
| AMZN Amazon.com, Inc. | +$861M |
| NVDA NVIDIA Corporation | +$26M |
| XOM Exxon Mobil Corporation | +$4M |
| GOOG Alphabet Inc. | +$52M |
| AAPL Apple Inc. | +$145M |
| GOOGL Alphabet Inc. | +$41M |
| DFAU Dimensional - US Core Equity M | +$45M |
| DFAI Dimensional - International Co | +$0M |
| DFAE Dimensional - Emerging Core Eq | +$0M |
Top sells this quarter · 15
| WMT Walmart Inc.exit | −$18M |
| ABNB Airbnb, Inc.exit | −$16M |
| PFE Pfizer Inc.exit | −$12M |
| INTC Intel Corporationexit | −$10M |
| SOFI SoFi Technologies, Inc.exit | −$10M |
| BMY Bristol-Myers Squibb Companyexit | −$7M |
| BAC Bank of America Corporationexit | −$7M |
| PCG PG&E Corporationexit | −$6M |
| FIG Figma, Inc.exit | −$6M |
| FSBC Five Star Bancorpexit | −$5M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $2.37B | 24 | +9.47% | +17.59% | -8.12% | -0.05B |
| 2025-12-31 | $2.71B | 55 | +11.19% | +17.72% | -6.53% | -1.53B |
| 2025-09-30 | $4.17B | 1016 | +20.48% | +17.52% | +2.96% | +0.28B |
| 2025-06-30 | $3.69B | 916 | +16.36% | +14.94% | +1.41% | +0.14B |
| 2025-03-31 | $3.11B | 691 | +6.91% | +8.30% | -1.39% | -0.03B |
| 2024-12-31 | $3.46B | 674 | +31.25% | +24.89% | +6.36% | +0.53B |
| 2024-09-30 | $2.66B | 577 | +38.21% | +36.04% | +2.18% | -0.43B |
| 2024-06-30 | $3.03B | 625 | +30.79% | +24.49% | +6.30% | +0.12B |
| 2024-03-31 | $2.77B | 621 | +46.11% | +29.62% | +16.49% | +0.13B |
| 2023-12-31 | $2.37B | 574 | +50.83% | +26.18% | +24.65% | +0.08B |
| 2023-09-30 | $1.97B | 539 | +19.47% | +21.57% | -2.10% | +0.06B |
| 2023-06-30 | $1.98B | 544 | +21.25% | +19.42% | +1.82% | -0.08B |
| 2023-03-31 | $1.76B | 516 | -14.32% | -7.82% | -6.50% | -0.16B |
| 2022-12-31 | $1.67B | 473 | -28.96% | -18.17% | -10.78% | +0.10B |
| 2022-09-30 | $1.70B | 464 | -14.16% | -15.51% | +1.34% | +0.02B |
| 2022-06-30 | $1.73B | 473 | -11.79% | -10.62% | -1.17% | -0.05B |