Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-21.06%
trims when stocks drop
when a holding falls −10%+
Middle response
-4.11%
baseline attrition
Rally response
-32.80%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| CARRCarrier Global Corporati | $45M | 2.1% | -9.9% | 0.5 yr |
| SHOOSteven Madden, Ltd. | $44M | 2.0% | +30.7% | 3.8 yr |
| CTRICenturi Holdings, Inc. | $40M | 1.9% | +78.2% | 1.0 yr |
| GNRCGenerac Holdings Inc. | $37M | 1.7% | +54.2% | 3.5 yr |
| ANDGAndersen | $33M | 1.5% | — | 0.5 yr |
| AMZNAmazon.com, Inc. | $32M | 1.5% | +9.5% | 8.0 yr |
| COGTCogent Biosciences, Inc. | $30M | 1.4% | +542.6% | 0.5 yr |
| ABTAbbott Laboratories | $30M | 1.4% | -21.1% | 0.5 yr |
| TSCOTractor Supply Company | $29M | 1.4% | -16.4% | 1.0 yr |
| ZBRAZebra Technologies Corpo | $29M | 1.3% | -26.0% | 0.8 yr |
| XLFState Street Financial S | $28M | 1.3% | — | 6.0 yr |
| CRCrane Company | $26M | 1.2% | +12.2% | 0.8 yr |
| GXOGXO Logistics, Inc. | $24M | 1.1% | +32.7% | 2.0 yr |
| HLTHilton Worldwide Holding | $24M | 1.1% | +33.9% | 0.5 yr |
| AEOAmerican Eagle Outfitter | $23M | 1.1% | +48.1% | 3.0 yr |
Portfolio composition (YoY)
Industry mix
Biotechnology8.2%+4.2pp$177M
Industrial - Machinery8.2%+6.0pp$177M
Asset Management7.2%-0.2pp$156M
Unknown5.4%+1.1pp$117M
Specialty Retail4.4%-2.1pp$96M
Integrated Freight & Logistics3.7%+2.5pp$81M
Apparel - Retail3.5%+1.8pp$76M
Aerospace & Defense3.0%+0.4pp$66M
Semiconductors2.9%+0.9pp$64M
Software - Infrastructure2.9%-0.2pp$64M
Country
US89.4%+2.5pp
Unknown5.4%+1.1pp
BM1.0%-0.8pp
GB0.8%-0.3pp
LU0.7%+0.7pp
NL0.7%+0.6pp
CN0.6%+0.4pp
CH0.3%+0.3pp
Top 5: 9.2% · Top 10: 16.1% · Top 25: 31.8%
Top buys this quarter · 15
| GNRC Generac Holdings Inc. | +$35M |
| ZBRA Zebra Technologies Corporation | +$28M |
| TSCO Tractor Supply Company | +$24M |
| AEO American Eagle Outfitters, Inc | +$23M |
| CR Crane Company | +$22M |
| TMUS T-Mobile US, Inc. | +$22M |
| SHOO Steven Madden, Ltd. | +$22M |
| AXON Axon Enterprise, Inc. | +$20M |
| GLNG Golar LNG Limited | +$19M |
| RHLD Resolute Holdings Management, | +$19M |
Top sells this quarter · 15
| HON Honeywell International Inc.exit | −$82M |
| SNDK Sandisk Corporation | −$77M |
| MOD Modine Manufacturing Companyexit | −$62M |
| ARMK Aramarkexit | −$61M |
| MSFT Microsoft Corporation | −$54M |
| GM General Motors Company | −$54M |
| PEP PepsiCo, Inc. | −$50M |
| META Meta Platforms, Inc. | −$49M |
| ITGR Integer Holdings Corporationexit | −$45M |
| EBAY eBay Inc. | −$44M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $2.16B | 363 | +34.76% | +17.59% | +17.17% | -0.49B |
| 2025-12-31 | $2.57B | 313 | +20.53% | +17.72% | +2.82% | -0.33B |
| 2025-09-30 | $2.64B | 269 | +17.16% | +17.52% | -0.35% | -0.86B |
| 2025-06-30 | $3.18B | 306 | +20.73% | +14.94% | +5.79% | +0.13B |
| 2025-03-31 | $2.82B | 303 | +14.62% | +8.30% | +6.32% | +0.21B |
| 2024-12-31 | $2.82B | 307 | +35.61% | +24.89% | +10.73% | +0.37B |
| 2024-09-30 | $2.30B | 310 | +40.28% | +36.04% | +4.24% | -0.76B |
| 2024-06-30 | $2.69B | 295 | +19.16% | +24.49% | -5.34% | +0.43B |
| 2024-03-31 | $2.21B | 265 | +25.00% | +29.62% | -4.62% | +0.25B |
| 2023-12-31 | $1.79B | 198 | +29.31% | +26.18% | +3.14% | -0.42B |
| 2023-09-30 | $2.00B | 217 | +17.90% | +21.57% | -3.66% | +0.31B |
| 2023-06-30 | $1.75B | 228 | +18.34% | +19.42% | -1.08% | -0.10B |
| 2023-03-31 | $1.72B | 230 | -2.78% | -7.82% | +5.04% | +0.12B |
| 2022-12-31 | $1.42B | 247 | -18.07% | -18.17% | +0.10% | +0.08B |
| 2022-09-30 | $1.33B | 249 | -9.51% | -15.51% | +6.00% | +0.10B |
| 2022-06-30 | $1.27B | 224 | -6.04% | -10.62% | +4.58% | +0.10B |