Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+12.57%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.70%
steady accumulation
Rally response
-23.37%
trims into rallies
when a holding rises +10%+
Top positions · 22
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| IQVIQVIA Holdings Inc. | $139M | 17.7% | -3.3% | 1.8 yr |
| DKNGDraftKings Inc. | $79M | 10.1% | -34.9% | 1.0 yr |
| FLYWFlywire Corporation | $77M | 9.9% | +22.5% | 1.3 yr |
| GHGuardant Health, Inc. | $72M | 9.2% | +116.8% | 2.5 yr |
| HQYHealthEquity, Inc. | $70M | 8.9% | -5.4% | 0.5 yr |
| PANWPalo Alto Networks, Inc. | $44M | 5.6% | -6.0% | 7.8 yr |
| MNDYmonday.com Ltd. | $37M | 4.8% | -71.6% | 1.3 yr |
| NTNXNutanix, Inc. | $32M | 4.1% | -45.6% | 2.3 yr |
| INTAIntapp, Inc. | $32M | 4.1% | -56.0% | 0.5 yr |
| TCMDTactile Systems Technolo | $27M | 3.5% | +97.7% | 2.5 yr |
| PLNTPlanet Fitness, Inc. | $26M | 3.4% | -23.0% | 3.0 yr |
| EVHEvolent Health, Inc. | $25M | 3.2% | -75.9% | 1.8 yr |
| SIBNSI-BONE, Inc. | $24M | 3.0% | -10.0% | 0.8 yr |
| ALKTAlkami Technology, Inc. | $21M | 2.7% | -40.3% | 0.5 yr |
| PCORProcore Technologies, In | $19M | 2.4% | -13.7% | 4.0 yr |
Portfolio composition (YoY)
Industry mix
Medical - Diagnostics & Research27.0%+14.4pp$211M
Software - Application14.6%-17.3pp$114M
Medical - Healthcare Information Services12.1%+6.7pp$94M
Software - Infrastructure11.2%+0.9pp$87M
Gambling, Resorts & Casinos10.1%$79M
Information Technology Services9.9%+7.0pp$77M
Medical - Devices8.0%+4.5pp$63M
Leisure3.4%-0.5pp$26M
Semiconductors2.1%$16M
Specialty Retail0.9%-6.3pp$7M
Country
US92.3%+5.9pp
IL5.6%-1.1pp
TW2.1%
Top 5: 55.8% · Top 10: 78.0% · Top 25: 100.0%
Top buys this quarter · 8
| IQV IQVIA Holdings Inc. | +$45M |
| PANW Palo Alto Networks, Inc. | +$35M |
| INTA Intapp, Inc. | +$27M |
| HQY HealthEquity, Inc. | +$22M |
| BSX Boston Scientific Corporationnew | +$11M |
| SIBN SI-BONE, Inc. | +$9M |
| MNDY monday.com Ltd. | +$37M |
| ALKT Alkami Technology, Inc. | +$21M |
Top sells this quarter · 15
| GLBE Global-e Online Ltd. | −$128M |
| VRNS Varonis Systems, Inc.exit | −$49M |
| PLNT Planet Fitness, Inc. | −$43M |
| PCOR Procore Technologies, Inc. | −$41M |
| DKNG DraftKings Inc. | −$40M |
| CFLT Confluent, Inc.exit | −$39M |
| OMCL Omnicell, Inc.exit | −$38M |
| OPLN OPENLANE, Inc.exit | −$37M |
| VRSN VeriSign, Inc. | −$34M |
| NTNX Nutanix, Inc. | −$20M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $782M | 22 | -14.49% | +17.59% | -32.08% | -0.26B |
| 2025-12-31 | $1.34B | 25 | +1.18% | +17.72% | -16.54% | -0.43B |
| 2025-09-30 | $1.64B | 25 | +14.93% | +17.52% | -2.58% | -0.12B |
| 2025-06-30 | $1.75B | 23 | +14.65% | +14.94% | -0.29% | -0.60B |
| 2025-03-31 | $2.31B | 29 | +9.16% | +8.30% | +0.85% | +0.75B |
| 2024-12-31 | $1.70B | 25 | +22.22% | +24.89% | -2.67% | -0.65B |
| 2024-09-30 | $1.92B | 26 | +14.62% | +36.04% | -21.42% | -0.06B |
| 2024-06-30 | $1.98B | 28 | +6.99% | +24.49% | -17.50% | -0.66B |
| 2024-03-31 | $2.73B | 35 | +28.62% | +29.62% | -1.00% | +0.20B |
| 2023-12-31 | $2.46B | 30 | +60.06% | +26.18% | +33.89% | -0.36B |
| 2023-09-30 | $2.45B | 31 | +33.27% | +21.57% | +11.70% | +0.48B |
| 2023-06-30 | $2.10B | 29 | +38.68% | +19.42% | +19.25% | +0.25B |
| 2023-03-31 | $1.59B | 25 | -13.53% | -7.82% | -5.71% | -0.17B |
| 2022-12-31 | $1.38B | 31 | -4.20% | +7.56% | -11.76% | -0.26B |
| 2022-09-30 | $1.71B | 55 | -2.82% | -4.93% | +2.11% | +0.27B |
| 2022-06-30 | $1.48B | 56 | -27.49% | -16.11% | -11.38% | +0.03B |