Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.56%
adds when stocks drop
when a holding falls −10%+
Middle response
+1.40%
steady accumulation
Rally response
+0.36%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| JNJJohnson & Johnson | $28M | 3.7% | +51.5% | 10.5 yr |
| LLYEli Lilly and Company | $25M | 3.2% | +12.2% | 10.5 yr |
| AAPLApple Inc. | $22M | 2.8% | +14.7% | 10.5 yr |
| COSTCostco Wholesale Corpora | $21M | 2.7% | +5.9% | 10.5 yr |
| XOMExxon Mobil Corporation | $20M | 2.5% | +47.6% | 10.5 yr |
| WMTWalmart Inc. | $19M | 2.5% | +42.8% | 10.5 yr |
| GOOGLAlphabet Inc. | $18M | 2.4% | — | 6.5 yr |
| MSFTMicrosoft Corporation | $18M | 2.4% | -0.6% | 10.5 yr |
| JPMJPMorgan Chase & Co. | $17M | 2.2% | +21.8% | 10.5 yr |
| BKThe Bank of New York Mel | $16M | 2.1% | +44.4% | 3.8 yr |
| DEDeere & Company | $16M | 2.0% | +21.2% | 10.5 yr |
| CSCOCisco Systems, Inc. | $12M | 1.6% | +28.1% | 10.5 yr |
| COPConocoPhillips | $12M | 1.6% | +30.0% | 10.5 yr |
| MRKMerck & Co., Inc. | $12M | 1.5% | +38.9% | 10.5 yr |
| EMREmerson Electric Co. | $12M | 1.5% | +21.5% | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Drug Manufacturers - General11.5%+0.7pp$89M
Industrial - Machinery5.3%+0.3pp$41M
Discount Stores5.2%-0.2pp$40M
Oil & Gas Integrated5.0%+0.7pp$39M
Banks - Diversified4.2%+0.6pp$32M
Banks - Regional4.1%+0.1pp$32M
Asset Management3.9%+0.4pp$30M
Medical - Diagnostics & Research3.9%+0.1pp$30M
Software - Infrastructure3.2%-0.8pp$25M
Internet Content & Information2.9%+0.9pp$22M
Country
US90.1%+0.5pp
CA1.9%+0.4pp
IE1.3%-0.0pp
GB1.2%-0.2pp
CH1.2%+0.1pp
FR1.0%-0.0pp
IL0.8%-0.2pp
JP0.6%+0.0pp
Top 5: 14.9% · Top 10: 26.4% · Top 25: 48.4%
Top buys this quarter · 15
| GIS General Mills, Inc. | +$4M |
| WAT Waters Corporationnew | +$1M |
| SAM The Boston Beer Company, Inc. | +$0M |
| ALRM Alarm.com Holdings, Inc. | +$0M |
| ADP Automatic Data Processing, Inc | +$9M |
| MKC McCormick & Company, Incorpora | +$5M |
| DLB Dolby Laboratories, Inc. | +$0M |
| WLY John Wiley & Sons, Inc. | +$0M |
| SYNA Synaptics Incorporated | +$3M |
| TROW T. Rowe Price Group, Inc. | +$7M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $776M | 136 | +18.74% | +17.59% | +1.14% | -0.00B |
| 2025-12-31 | $755M | 133 | +15.32% | +17.72% | -2.40% | +0.00B |
| 2025-09-30 | $723M | 131 | +9.29% | +17.52% | -8.23% | +0.01B |
| 2025-06-30 | $681M | 128 | +10.68% | +14.94% | -4.26% | +0.00B |
| 2025-03-31 | $646M | 132 | +4.49% | +8.30% | -3.81% | +0.01B |
| 2024-12-31 | $638M | 131 | +12.41% | +24.89% | -12.48% | +0.00B |
| 2024-09-30 | $643M | 130 | +24.73% | +36.04% | -11.31% | +0.01B |
| 2024-06-30 | $594M | 134 | +14.04% | +24.49% | -10.45% | -0.02B |
| 2024-03-31 | $615M | 139 | +19.74% | +29.62% | -9.89% | +0.05B |
| 2023-12-31 | $528M | 135 | +13.86% | +26.18% | -12.32% | -0.01B |
| 2023-09-30 | $491M | 138 | +16.14% | +21.57% | -5.43% | +0.01B |
| 2023-06-30 | $497M | 137 | +14.39% | +19.42% | -5.03% | -0.00B |
| 2023-03-31 | $482M | 138 | -2.18% | -7.82% | +5.64% | +0.00B |
| 2022-12-31 | $470M | 138 | +11.66% | +7.56% | +4.09% | -0.00B |
| 2022-09-30 | $423M | 141 | -3.89% | -4.93% | +1.04% | +0.00B |
| 2022-06-30 | $437M | 140 | -11.02% | -16.11% | +5.10% | -0.00B |