Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-6.45%
trims when stocks drop
when a holding falls −10%+
Middle response
-1.81%
baseline attrition
Rally response
-0.18%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $62M | 10.7% | +60.9% | 1.5 yr |
| AAPLApple Inc. | $27M | 4.6% | +14.7% | 1.5 yr |
| AVGOBroadcom Inc. | $19M | 3.3% | +86.0% | 1.5 yr |
| AMZNAmazon.com, Inc. | $14M | 2.4% | +9.5% | 1.5 yr |
| SYFIAlliance Bernstein - AB | $13M | 2.3% | — | 1.5 yr |
| TSMTaiwan Semiconductor Man | $12M | 2.1% | +105.6% | 1.5 yr |
| GOOGLAlphabet Inc. | $11M | 1.8% | — | 1.5 yr |
| FIXComfort Systems USA, Inc | $10M | 1.8% | +329.0% | 1.0 yr |
| GOOGAlphabet Inc. | $10M | 1.7% | +84.3% | 1.5 yr |
| MSFTMicrosoft Corporation | $9M | 1.6% | -0.6% | 1.5 yr |
| FDSFactSet Research Systems | $9M | 1.5% | -51.6% | 0.3 yr |
| APHAmphenol Corporation | $8M | 1.4% | +93.6% | 1.3 yr |
| RDVYFirst Trust Rising Divid | $8M | 1.4% | — | 1.5 yr |
| UBNDVictoryShares Core Plus | $8M | 1.3% | — | 1.5 yr |
| METAMeta Platforms, Inc. | $7M | 1.3% | -0.4% | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors20.5%+6.6pp$120M
Asset Management16.6%-7.0pp$97M
Aerospace & Defense5.6%+3.7pp$33M
Internet Content & Information4.9%+0.7pp$29M
Consumer Electronics4.6%-0.2pp$27M
Software - Infrastructure3.7%-0.9pp$21M
Specialty Retail2.7%-0.7pp$16M
Asset Management - Bonds2.7%-0.6pp$16M
Engineering & Construction2.3%$13M
Hardware, Equipment & Parts2.1%+0.9pp$12M
Country
US93.8%-3.0pp
TW2.2%+1.2pp
CA0.8%+0.5pp
Unknown0.8%+0.6pp
IL0.7%+0.2pp
IE0.6%+0.1pp
IT0.3%
BM0.3%+0.1pp
Top 5: 23.3% · Top 10: 32.3% · Top 25: 50.3%
Top buys this quarter · 15
| FDS FactSet Research Systems Inc.new | +$9M |
| WWD Woodward, Inc.new | +$5M |
| CRM Salesforce, Inc. | +$3M |
| CDNS Cadence Design Systems, Inc.new | +$3M |
| LINC Lincoln Educational Services Cnew | +$2M |
| AP Ampco-Pittsburgh Corporationnew | +$2M |
| ORCL Oracle Corporation | +$6M |
| FSLY Fastly, Inc.new | +$1M |
| FOSL Fossil Group, Inc.new | +$1M |
| LRCX Lam Research Corporation | +$1M |
Top sells this quarter · 15
| NEM Newmont Corporation | −$5M |
| QCOM QUALCOMM Incorporatedexit | −$3M |
| NVDA NVIDIA Corporation | −$3M |
| PANW Palo Alto Networks, Inc. | −$3M |
| META Meta Platforms, Inc. | −$3M |
| AXP American Express Companyexit | −$2M |
| CRWD CrowdStrike Holdings, Inc. | −$2M |
| AMZN Amazon.com, Inc. | −$2M |
| MU Micron Technology, Inc. | −$2M |
| NFLX Netflix, Inc. | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $584M | 281 | +34.68% | +17.59% | +17.09% | +0.00B |
| 2025-12-31 | $592M | 269 | +25.16% | +17.72% | +7.44% | -0.01B |
| 2025-09-30 | $585M | 276 | +13.30% | +8.12% | +5.18% | -0.00B |
| 2025-06-30 | $518M | 269 | +17.85% | +10.78% | +7.07% | -0.09B |
| 2025-03-31 | $517M | 264 | -8.46% | -4.27% | -4.20% | +0.09B |
| 2024-12-31 | $464M | 260 | — | — | — | — |