Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.50%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.41%
steady accumulation
Rally response
-7.95%
trims into rallies
when a holding rises +10%+
Top positions · 20
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| QQQInvesco QQQ Trust, Serie | $28M | 28.2% | — | 3.5 yr |
| VOOVanguard S&P 500 ETF | $24M | 24.6% | — | 3.8 yr |
| BSJRInvesco BulletShares 202 | $7M | 7.4% | — | 3.5 yr |
| BSJSInvesco BulletShares 202 | $7M | 7.2% | — | 2.5 yr |
| BSJTInvesco BulletShares 202 | $7M | 6.7% | — | 0.5 yr |
| AAPLApple Inc. | $5M | 5.3% | +32.6% | 3.8 yr |
| BSJQInvesco BulletShares 202 | $5M | 5.2% | — | 3.5 yr |
| VERIVeritone, Inc. | $5M | 4.9% | -49.7% | 3.8 yr |
| RSPInvesco S&P 500 Equal We | $2M | 2.3% | — | 0.5 yr |
| SPYState Street SPDR S&P 50 | $2M | 2.0% | +51.9% | 3.8 yr |
| NVDANVIDIA Corporation | $1M | 1.5% | +312.6% | 0.3 yr |
| RWLInvesco S&P 500 Revenue | $1M | 1.0% | — | 0.3 yr |
| DIAState Street SPDR Dow Jo | $1M | 1.0% | — | 3.8 yr |
| VTIVanguard Total Stock Mar | $1M | 0.5% | — | 0.5 yr |
| MSFTMicrosoft Corporation | $0M | 0.5% | +11.0% | 3.8 yr |
Portfolio composition (YoY)
Industry mix
Asset Management67.6%+7.3pp$67M
Asset Management - Bonds19.6%+2.1pp$20M
Consumer Electronics5.3%-5.3pp$5M
Software - Application4.9%-5.8pp$5M
Semiconductors1.5%$1M
Software - Infrastructure0.5%-0.3pp$0M
Auto - Manufacturers0.3%+0.1pp$0M
Discount Stores0.3%$0M
Country
US100.0%+0.0pp
Top 5: 74.2% · Top 10: 93.8% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| AAPL | $9M | +0.00B | 32.6% |
| SPY | $2M | +0.00B | 51.9% |
| TSLA | $0M | +0.00B | 42.0% |
| MSFT | $1M | +0.00B | 11.0% |
| VERI | $9M | -0.00B | -49.7% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| VERI | $9M | -0.00B | -49.7% |
Top buys this quarter · 9
| RSP Invesco S&P 500 Equal Weight E | +$0M |
| RWL Invesco S&P 500 Revenue ETFnew | +$0M |
| BSJT Invesco BulletShares 2029 High | +$0M |
| BSJS Invesco BulletShares 2028 High | +$0M |
| BSJR Invesco BulletShares 2027 High | +$0M |
| IGV iShares Expanded Tech-Softwarenew | +$0M |
| VTI Vanguard Total Stock Market ET | +$0M |
| NVDA NVIDIA Corporationnew | +$1M |
| SPY State Street SPDR S&P 500 ETF | +$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $99M | 20 | -12.90% | +6.07% | -18.98% | +0.03B |
| 2025-12-31 | $110M | 17 | +18.62% | +20.55% | -1.93% | -0.04B |
| 2023-12-31 | $84M | 17 | -21.94% | +26.18% | -48.12% | +0.01B |
| 2023-09-30 | $80M | 15 | -22.37% | +21.57% | -43.94% | +0.01B |
| 2023-06-30 | $86M | 16 | -10.36% | +19.42% | -29.79% | +0.01B |
| 2023-03-31 | $86M | 15 | -54.57% | -7.82% | -46.75% | -0.00B |
| 2022-12-31 | $74M | 15 | -62.55% | -18.17% | -44.37% | +0.00B |
| 2022-09-30 | $75M | 16 | -56.17% | -15.51% | -40.66% | +0.00B |
| 2022-06-30 | $82M | 15 | -51.77% | -10.62% | -41.15% | +0.03B |
| 2022-03-31 | $124M | 20 | +15.45% | +15.45% | -0.00% | -0.00B |
| 2021-12-31 | $134M | 22 | +28.72% | +28.72% | +0.00% | +0.02B |
| 2021-09-30 | $104M | 21 | +0.57% | +0.57% | +0.00% | -0.03B |
| 2021-06-30 | $130M | 22 | +8.36% | +8.36% | -0.00% | -0.02B |
| 2021-03-31 | $140M | 22 | +6.35% | +6.35% | +0.00% | -0.01B |
| 2020-12-31 | $140M | 12 | — | — | — | — |