Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-0.34%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.41%
steady accumulation
Rally response
-5.06%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $236M | 5.4% | +14.7% | 10.5 yr |
| NVDANVIDIA Corporation | $218M | 5.0% | +60.9% | 10.5 yr |
| SSDSimpson Manufacturing Co | $157M | 3.6% | +9.8% | 6.8 yr |
| MSFTMicrosoft Corporation | $129M | 2.9% | -0.6% | 10.5 yr |
| VBVanguard Small-Cap ETF | $102M | 2.3% | — | 10.5 yr |
| BNDVanguard Total Bond Mark | $97M | 2.2% | — | 10.5 yr |
| IVViShares Core S&P 500 ETF | $92M | 2.1% | — | 10.5 yr |
| AGGiShares Core U.S. Aggreg | $92M | 2.1% | — | 10.5 yr |
| SPABState Street SPDR Portfo | $87M | 2.0% | — | 10.3 yr |
| VTIVanguard Total Stock Mar | $83M | 1.9% | — | 10.5 yr |
| QUALiShares MSCI USA Quality | $81M | 1.9% | — | 10.5 yr |
| IWFiShares Russell 1000 Gro | $77M | 1.8% | — | 10.3 yr |
| VVVanguard Large-Cap ETF | $76M | 1.7% | — | 10.3 yr |
| AMZNAmazon.com, Inc. | $70M | 1.6% | +9.5% | 10.5 yr |
| GOOGLAlphabet Inc. | $70M | 1.6% | — | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management31.7%-3.5pp$1.38B
Semiconductors9.8%+4.6pp$428M
Asset Management - Bonds8.6%-2.3pp$376M
Consumer Electronics5.4%+0.2pp$236M
Software - Infrastructure4.1%-0.1pp$181M
Construction3.7%-1.7pp$160M
Software - Application3.1%+0.3pp$135M
Internet Content & Information2.7%+0.7pp$117M
Specialty Retail2.2%-0.4pp$97M
Banks - Diversified2.2%-0.1pp$96M
Country
US95.2%-0.1pp
IE1.0%+0.0pp
Unknown1.0%+0.2pp
GB0.8%-0.0pp
CA0.6%-0.0pp
CN0.5%-0.1pp
CH0.5%-0.0pp
SG0.3%+0.1pp
Top 5: 19.3% · Top 10: 29.7% · Top 25: 50.5%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| NVDA | $76M | +0.05B | 60.9% |
| LRCX | $15M | +0.03B | 196.1% |
| AAPL | $167M | +0.02B | 14.7% |
| AMAT | $17M | +0.02B | 137.6% |
| SSD | $171M | +0.02B | 9.8% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| MSFT | $104M | -0.00B | -0.6% |
Top buys this quarter · 15
| APP AppLovin Corporation | +$54M |
| MSFT Microsoft Corporation | +$129M |
| AAPL Apple Inc. | +$236M |
| NOW ServiceNow, Inc. | +$8M |
| FDS FactSet Research Systems Inc. | +$7M |
| SYK Stryker Corporation | +$7M |
| CRWD CrowdStrike Holdings, Inc. | +$6M |
| JNJ Johnson & Johnson | +$6M |
| LLY Eli Lilly and Company | +$4M |
| AMZN Amazon.com, Inc. | +$70M |
Top sells this quarter · 15
| EA Electronic Arts Inc. | −$11M |
| AFL Aflac Incorporated | −$8M |
| CAT Caterpillar Inc. | −$8M |
| CRM Salesforce, Inc. | −$6M |
| ETN Eaton Corporation plc | −$5M |
| GLW Corning Incorporated | −$19M |
| SSD Simpson Manufacturing Co., Inc | −$152M |
| COST Costco Wholesale Corporation | −$4M |
| ROST Ross Stores, Inc. | −$3M |
| LRCX Lam Research Corporation | −$30M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $4.36B | 745 | +23.98% | +17.59% | +6.39% | +0.23B |
| 2025-12-31 | $4.31B | 622 | +21.60% | +17.72% | +3.89% | +0.07B |
| 2025-09-30 | $4.17B | 598 | +20.17% | +17.52% | +2.65% | +0.21B |
| 2025-06-30 | $3.51B | 480 | +13.52% | +14.94% | -1.43% | -0.09B |
| 2025-03-31 | $3.18B | 446 | +2.76% | +8.30% | -5.54% | +0.12B |
| 2024-12-31 | $3.26B | 407 | +21.53% | +24.89% | -3.36% | +0.10B |
| 2024-09-30 | $3.14B | 407 | +35.15% | +36.04% | -0.88% | +0.03B |
| 2024-06-30 | $2.93B | 361 | +23.14% | +24.49% | -1.35% | +0.35B |
| 2024-03-31 | $2.52B | 353 | +31.98% | +29.62% | +2.36% | -0.00B |
| 2023-12-31 | $2.27B | 349 | +28.08% | +26.18% | +1.90% | +0.05B |
| 2023-09-30 | $1.99B | 1576 | +23.86% | +21.57% | +2.29% | +0.07B |
| 2023-06-30 | $1.98B | 1559 | +23.20% | +19.42% | +3.77% | -0.04B |
| 2023-03-31 | $1.85B | 1599 | -7.43% | -7.82% | +0.39% | +0.05B |
| 2022-12-31 | $1.66B | 1544 | -18.23% | -18.17% | -0.05% | +0.04B |
| 2022-09-30 | $1.50B | 326 | -15.88% | -15.51% | -0.37% | +0.08B |
| 2022-06-30 | $1.48B | 300 | -12.34% | -10.62% | -1.72% | -0.04B |