Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-4.96%
trims when stocks drop
when a holding falls −10%+
Middle response
-3.56%
baseline attrition
Rally response
-9.09%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $20M | 16.2% | +14.7% | 10.3 yr |
| DHRDanaher Corporation | $11M | 9.0% | -7.1% | 2.0 yr |
| BXBlackstone Inc. | $9M | 7.4% | -14.9% | 1.8 yr |
| AMGNAmgen Inc. | $6M | 4.7% | +16.5% | 10.5 yr |
| COSTCostco Wholesale Corpora | $5M | 3.9% | +5.9% | 4.8 yr |
| WMTWalmart Inc. | $4M | 3.6% | +42.8% | 7.3 yr |
| CVXChevron Corporation | $4M | 3.4% | +29.2% | 10.5 yr |
| JNJJohnson & Johnson | $4M | 3.3% | +51.5% | 10.5 yr |
| MSFTMicrosoft Corporation | $4M | 3.0% | -0.6% | 10.5 yr |
| CATCaterpillar Inc. | $3M | 2.8% | +117.8% | 9.3 yr |
| GEGE Aerospace | $3M | 2.6% | +42.5% | 4.0 yr |
| ABBVAbbVie Inc. | $3M | 2.5% | +7.3% | 10.5 yr |
| BACBank of America Corporat | $3M | 2.2% | +19.4% | 9.8 yr |
| GEVGE Vernova Inc. | $2M | 1.9% | +186.8% | 1.5 yr |
| XOMExxon Mobil Corporation | $2M | 1.8% | +47.6% | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Consumer Electronics16.2%-0.7pp$20M
Drug Manufacturers - General12.4%-1.0pp$15M
Medical - Diagnostics & Research9.0%+5.3pp$11M
Asset Management8.6%-8.1pp$11M
Discount Stores7.5%+0.4pp$9M
Oil & Gas Integrated5.1%+1.5pp$6M
Aerospace & Defense4.7%+1.2pp$6M
Banks - Diversified4.6%-1.3pp$6M
Agricultural - Machinery3.5%+1.6pp$4M
Semiconductors3.2%+1.0pp$4M
Country
US99.7%-0.3pp
CA0.3%
Top 5: 41.3% · Top 10: 57.3% · Top 25: 81.9%
Top buys this quarter · 15
| KKR KKR & Co. Inc. | +$0M |
| AMZN Amazon.com, Inc. | +$0M |
| AMGN Amgen Inc. | +$0M |
| ADM Archer-Daniels-Midland Company | +$0M |
| ITW Illinois Tool Works Inc. | +$0M |
| UPS United Parcel Service, Inc. | +$0M |
| BA The Boeing Company | +$2M |
| AAPL Apple Inc. | +$20M |
| BIIB Biogen Inc. | +$0M |
| DE Deere & Company | +$0M |
Top sells this quarter · 15
| BAC Bank of America Corporation | −$1M |
| JPM JPMorgan Chase & Co. | −$0M |
| AMAT Applied Materials, Inc. | −$0M |
| PG The Procter & Gamble Company | −$0M |
| CVX Chevron Corporation | −$3M |
| DUK Duke Energy Corporation | −$0M |
| QS QuantumScape Corporationexit | −$0M |
| MU Micron Technology, Inc. | −$0M |
| WBD Warner Bros. Discovery, Inc. | −$0M |
| XOM Exxon Mobil Corporation | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $124M | 59 | +26.44% | +17.59% | +8.85% | -0.00B |
| 2025-12-31 | $128M | 56 | +24.65% | +17.72% | +6.93% | +0.00B |
| 2025-09-30 | $118M | 55 | +16.48% | +17.52% | -1.04% | +0.00B |
| 2025-06-30 | $96M | 49 | +2.49% | +14.94% | -12.45% | -0.02B |
| 2025-03-31 | $117M | 55 | +3.18% | +8.30% | -5.12% | -0.01B |
| 2024-12-31 | $137M | 55 | +11.18% | +24.89% | -13.71% | +0.02B |
| 2024-09-30 | $115M | 53 | +24.13% | +36.04% | -11.91% | -0.03B |
| 2024-06-30 | $136M | 54 | +13.25% | +24.49% | -11.24% | +0.01B |
| 2024-03-31 | $120M | 52 | +14.51% | +29.62% | -15.11% | -0.00B |
| 2023-12-31 | $116M | 53 | +19.42% | +26.18% | -6.76% | -0.00B |
| 2023-09-30 | $108M | 51 | +19.18% | +21.57% | -2.38% | -0.00B |
| 2023-06-30 | $115M | 53 | +17.33% | +19.42% | -2.09% | -0.02B |
| 2023-03-31 | $130M | 52 | -2.38% | -7.82% | +5.44% | +0.02B |
| 2022-12-31 | $104M | 52 | +10.62% | +7.56% | +3.06% | -0.00B |
| 2022-09-30 | $97M | 52 | -5.66% | -4.93% | -0.73% | -0.01B |
| 2022-06-30 | $115M | 56 | -13.17% | -16.11% | +2.94% | +0.00B |