Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.24%
adds when stocks drop
when a holding falls −10%+
Middle response
+1.29%
steady accumulation
Rally response
+0.45%
adds into rallies
when a holding rises +10%+
Top positions · 8
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| RACEFerrari N.V. | $805M | 36.4% | -20.3% | 10.3 yr |
| TOTB.DETotalEnergies SE | $602M | 27.2% | +41.2% | 0.5 yr |
| STLAStellantis N.V. | $261M | 11.8% | -31.0% | 5.3 yr |
| — | $170M | 7.7% | — | 0.8 yr |
| USSGXtrackers MSCI USA Selec | $152M | 6.9% | — | 6.0 yr |
| SUSLiShares ESG MSCI USA Lea | $101M | 4.6% | — | 6.0 yr |
| USCAXtrackers MSCI USA Clima | $73M | 3.3% | — | 2.5 yr |
| EFIVState Street SPDR S&P 50 | $49M | 2.2% | — | 4.5 yr |
Portfolio composition (YoY)
Industry mix
Auto - Manufacturers48.2%-25.0pp$1.07B
Oil & Gas Integrated27.2%$602M
Asset Management16.9%-8.2pp$375M
Unknown7.7%+6.0pp$170M
Country
IT36.4%-17.5pp
FR27.2%
US16.9%-8.2pp
NL11.8%-7.5pp
Unknown7.7%+6.0pp
Top 5: 89.9% · Top 10: 100.0% · Top 25: 100.0%
Top buys this quarter · 1
| STLA Stellantis N.V. | +$261M |
Top sells this quarter · 0
No sells this quarter
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $2.21B | 8 | -7.84% | +17.59% | -25.43% | -0.02B |
| 2025-12-31 | $2.30B | 8 | -8.49% | +17.72% | -26.21% | +0.48B |
| 2025-09-30 | $2.08B | 8 | -4.83% | +17.52% | -22.34% | +0.05B |
| 2025-06-30 | $2.07B | 8 | -6.01% | +14.94% | -20.95% | -0.03B |
| 2025-03-31 | $1.89B | 8 | -28.08% | +8.30% | -36.38% | -0.04B |
| 2024-12-31 | $2.01B | 8 | -6.52% | +24.89% | -31.40% | -0.21B |
| 2024-09-30 | $2.44B | 8 | +21.08% | +36.04% | -14.96% | -0.11B |
| 2024-06-30 | $2.64B | 9 | +23.95% | +24.49% | -0.54% | -0.43B |
| 2024-03-31 | $3.61B | 10 | +65.76% | +29.62% | +36.14% | -0.22B |
| 2023-12-31 | $3.06B | 10 | +68.54% | +26.18% | +42.36% | -0.64B |
| 2023-09-30 | $3.13B | 9 | +68.05% | +21.57% | +46.49% | -0.05B |
| 2023-06-30 | $3.22B | 9 | +67.61% | +19.42% | +48.19% | -0.19B |
| 2023-03-31 | $3.00B | 9 | +23.07% | -7.82% | +30.88% | -0.37B |
| 2022-12-31 | $2.65B | 9 | +17.71% | +7.56% | +10.15% | -0.03B |
| 2022-09-30 | $2.27B | 9 | -1.56% | -4.93% | +3.36% | -0.05B |
| 2022-06-30 | $2.36B | 9 | -16.51% | -16.11% | -0.40% | +0.02B |