Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.35%
adds when stocks drop
when a holding falls −10%+
Middle response
-2.02%
baseline attrition
Rally response
-3.09%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $20M | 4.9% | +14.7% | 10.5 yr |
| KMIKinder Morgan, Inc. | $16M | 4.0% | +22.6% | 10.5 yr |
| MSFTMicrosoft Corporation | $11M | 2.7% | -0.6% | 10.5 yr |
| LYTSLSI Industries Inc. | $11M | 2.6% | +10.5% | 10.5 yr |
| IBMInternational Business M | $10M | 2.5% | -0.1% | 10.5 yr |
| AEMAgnico Eagle Mines Limit | $10M | 2.4% | +89.2% | 4.3 yr |
| EPMEvolution Petroleum Corp | $10M | 2.4% | -2.1% | 10.5 yr |
| TTITETRA Technologies, Inc. | $10M | 2.4% | +153.6% | 10.5 yr |
| FLDRFidelity Low Duration Bo | $9M | 2.2% | — | 1.3 yr |
| GLWCorning Incorporated | $9M | 2.1% | +201.5% | 10.5 yr |
| LLYEli Lilly and Company | $8M | 2.0% | +12.2% | 10.5 yr |
| SLBSLB N.V. | $8M | 2.0% | +26.7% | 10.5 yr |
| BMYBristol-Myers Squibb Com | $7M | 1.8% | +3.4% | 10.5 yr |
| PFEPfizer Inc. | $7M | 1.8% | +18.8% | 10.5 yr |
| CSCOCisco Systems, Inc. | $7M | 1.7% | +28.1% | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Drug Manufacturers - General12.4%-1.0pp$50M
Asset Management9.0%+2.3pp$36M
Oil & Gas Midstream5.4%-0.7pp$22M
Hardware, Equipment & Parts5.3%+0.3pp$21M
Consumer Electronics5.1%-0.4pp$21M
Regulated Electric4.4%-0.7pp$18M
Oil & Gas Equipment & Services4.3%+1.0pp$18M
Aerospace & Defense4.3%+0.5pp$17M
Software - Infrastructure3.1%-0.8pp$13M
Oil & Gas Exploration & Production2.8%-0.3pp$11M
Country
US85.8%-2.5pp
CA5.5%+0.8pp
GB2.2%-0.1pp
Unknown1.8%+0.8pp
CH1.3%-0.0pp
BM0.9%+0.1pp
DK0.6%+0.4pp
IL0.5%+0.4pp
Top 5: 16.7% · Top 10: 28.2% · Top 25: 50.5%
Top buys this quarter · 15
| DOCU DocuSign, Inc.new | +$3M |
| BA The Boeing Company | +$2M |
| VICI VICI Properties Inc. | +$2M |
| EPM Evolution Petroleum Corporatio | +$1M |
| NVO Novo Nordisk A/S | +$2M |
| PFE Pfizer Inc. | +$1M |
| PPL PPL Corporation | +$0M |
| AZN AstraZeneca PLCnew | +$0M |
| BE Bloom Energy Corporationnew | +$0M |
| IMO Imperial Oil Limitednew | +$0M |
Top sells this quarter · 15
| ISSC Innovative Aerosystems, Inc. | −$4M |
| GLW Corning Incorporated | −$8M |
| TTI TETRA Technologies, Inc. | −$2M |
| NTR Nutrien Ltd. | −$6M |
| AEM Agnico Eagle Mines Limited | −$9M |
| AMD Advanced Micro Devices, Inc. | −$1M |
| MU Micron Technology, Inc. | −$1M |
| IRDM Iridium Communications Inc. | −$1M |
| ONTO Onto Innovation Inc. | −$0M |
| GHM Graham Corporation | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $406M | 288 | +32.99% | +17.59% | +15.39% | -0.01B |
| 2025-12-31 | $388M | 270 | +26.28% | +17.72% | +8.57% | -0.00B |
| 2025-09-30 | $372M | 268 | +21.63% | +17.52% | +4.11% | -0.00B |
| 2025-06-30 | $339M | 260 | +20.68% | +14.94% | +5.74% | -0.01B |
| 2025-03-31 | $327M | 253 | +12.51% | +8.30% | +4.21% | -0.01B |
| 2024-12-31 | $334M | 253 | +18.17% | +24.89% | -6.72% | -0.01B |
| 2024-09-30 | $336M | 262 | +22.46% | +36.04% | -13.58% | +0.01B |
| 2024-06-30 | $300M | 254 | +12.11% | +24.49% | -12.38% | -0.01B |
| 2024-03-31 | $308M | 260 | +16.28% | +29.62% | -13.34% | -0.01B |
| 2023-12-31 | $297M | 250 | +11.78% | +26.18% | -14.39% | +0.01B |
| 2023-09-30 | $276M | 238 | +19.62% | +21.57% | -1.95% | -0.02B |
| 2023-06-30 | $299M | 253 | +15.51% | +19.42% | -3.91% | -0.00B |
| 2023-03-31 | $291M | 250 | -3.58% | -7.82% | +4.24% | +0.00B |
| 2022-12-31 | $285M | 245 | -9.94% | -18.17% | +8.23% | -0.01B |
| 2022-09-30 | $261M | 245 | -10.90% | -15.51% | +4.61% | -0.01B |
| 2022-06-30 | $279M | 248 | -7.42% | -10.62% | +3.20% | +0.00B |