Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-3.68%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.94%
steady accumulation
Rally response
+9.14%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $277M | 9.4% | +14.7% | 6.5 yr |
| NVDANVIDIA Corporation | $158M | 5.4% | +60.9% | 6.3 yr |
| QQQInvesco QQQ Trust, Serie | $101M | 3.4% | — | 6.5 yr |
| AMZNAmazon.com, Inc. | $88M | 3.0% | +9.5% | 6.3 yr |
| SPYState Street SPDR S&P 50 | $82M | 2.8% | +17.6% | 6.5 yr |
| XOMExxon Mobil Corporation | $58M | 2.0% | +47.6% | 6.5 yr |
| BRK-BBerkshire Hathaway Inc. | $54M | 1.8% | — | 6.3 yr |
| DGROiShares Core Dividend Gr | $52M | 1.8% | — | 6.0 yr |
| GOOGAlphabet Inc. | $51M | 1.7% | +84.3% | 6.3 yr |
| GOOGLAlphabet Inc. | $38M | 1.3% | — | 6.3 yr |
| JPMJPMorgan Chase & Co. | $34M | 1.2% | +21.8% | 6.5 yr |
| XLKState Street Technology | $34M | 1.1% | — | 6.3 yr |
| JAAAJanus Henderson AAA CLO | $33M | 1.1% | — | 2.8 yr |
| JEPIJPMorgan Equity Premium | $30M | 1.0% | — | 5.0 yr |
| TSLATesla, Inc. | $29M | 1.0% | +43.4% | 6.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management40.1%-0.9pp$1.18B
Consumer Electronics9.4%+2.8pp$277M
Semiconductors7.5%+3.7pp$220M
Internet Content & Information4.0%+2.3pp$118M
Specialty Retail3.2%+0.8pp$93M
Asset Management - Bonds3.0%+0.4pp$87M
Asset Management - Income2.9%-1.0pp$84M
Oil & Gas Integrated2.2%+0.2pp$65M
Regulated Electric1.9%-0.0pp$55M
Insurance - Diversified1.9%-0.2pp$54M
Country
US96.7%-0.8pp
CA1.0%+0.4pp
IE0.6%+0.1pp
GB0.5%+0.1pp
Unknown0.2%-0.2pp
CH0.2%+0.1pp
SG0.1%
IL0.1%
Top 5: 24.0% · Top 10: 32.6% · Top 25: 45.3%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| NVDA | $85M | +0.05B | 60.9% |
| AAPL | $211M | +0.03B | 14.7% |
| XOM | $41M | +0.02B | 47.6% |
| GOOG | $18M | +0.02B | 84.3% |
| SPY | $58M | +0.01B | 17.6% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| META | $18M | -0.00B | -0.4% |
Top buys this quarter · 15
| AZN AstraZeneca PLCnew | +$2M |
| AXTI AXT, Inc.new | +$2M |
| TSEM Tower Semiconductor Ltd.new | +$2M |
| COHR Coherent, Inc. | +$2M |
| MDT Medtronic plc | +$2M |
| STX Seagate Technology Holdings pl | +$2M |
| TSLA Tesla, Inc. | +$29M |
| ETR Entergy Corporation | +$2M |
| SPY State Street SPDR S&P 500 ETF | +$1M |
| AMD Advanced Micro Devices, Inc. | +$1M |
Top sells this quarter · 15
| MSFT Microsoft Corporationexit | −$88M |
| WMT Walmart Inc.exit | −$31M |
| JNJ Johnson & Johnsonexit | −$29M |
| CVX Chevron Corporationexit | −$26M |
| LLY Eli Lilly and Companyexit | −$24M |
| HD The Home Depot, Inc.exit | −$20M |
| GE GE Aerospaceexit | −$18M |
| UPS United Parcel Service, Inc.exit | −$18M |
| PG The Procter & Gamble Companyexit | −$17M |
| CAT Caterpillar Inc.exit | −$17M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $2.94B | 782 | +20.12% | +17.59% | +2.53% | -1.12B |
| 2025-12-31 | $4.10B | 1406 | +15.33% | +17.72% | -2.39% | -1.21B |
| 2025-09-30 | $5.20B | 1531 | +16.56% | +17.52% | -0.96% | +0.09B |
| 2025-06-30 | $4.68B | 1453 | +13.43% | +14.94% | -1.51% | +1.19B |
| 2025-03-31 | $3.21B | 1248 | +8.97% | +8.30% | +0.66% | +0.86B |
| 2024-12-31 | $2.47B | 944 | +20.83% | +24.89% | -4.06% | +0.02B |
| 2024-09-30 | $2.38B | 924 | +30.26% | +36.04% | -5.78% | +0.13B |
| 2024-06-30 | $2.12B | 882 | +16.36% | +24.49% | -8.14% | +0.05B |
| 2024-03-31 | $1.97B | 874 | +20.07% | +29.62% | -9.56% | +0.18B |
| 2023-12-31 | $1.70B | 809 | +23.66% | +26.18% | -2.51% | +0.20B |
| 2023-09-30 | $1.35B | 727 | +14.90% | +21.57% | -6.66% | +0.03B |
| 2023-06-30 | $1.39B | 750 | +16.68% | +19.42% | -2.74% | -0.12B |
| 2023-03-31 | $1.40B | 768 | -8.76% | -7.82% | -0.94% | -0.01B |
| 2022-12-31 | $1.29B | 736 | -19.89% | -18.17% | -1.72% | +0.06B |
| 2022-09-30 | $1.19B | 720 | -13.84% | -15.51% | +1.67% | -0.01B |
| 2022-06-30 | $1.25B | 728 | -10.09% | -10.62% | +0.53% | -0.00B |