Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+2.47%
adds when stocks drop
when a holding falls −10%+
Middle response
-7.67%
baseline attrition
Rally response
-22.93%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| XBIState Street SPDR S&P Bi | $12M | 5.4% | — | 2.0 yr |
| WIXWix.com Ltd. | $5M | 2.2% | -44.9% | 1.5 yr |
| BSXBoston Scientific Corpor | $4M | 1.6% | -37.8% | 2.0 yr |
| SYYSysco Corporation | $3M | 1.3% | -3.0% | 3.5 yr |
| MUMicron Technology, Inc. | $3M | 1.2% | +289.6% | 3.0 yr |
| VNOMViper Energy, Inc. | $2M | 1.0% | — | 0.3 yr |
| METAMeta Platforms, Inc. | $2M | 1.0% | -0.4% | 3.3 yr |
| EQTEQT Corporation | $2M | 1.0% | +20.5% | 2.0 yr |
| CVXChevron Corporation | $2M | 0.9% | +29.2% | 0.8 yr |
| DAWNDay One Biopharmaceutica | $2M | 0.9% | +170.4% | 0.8 yr |
| GLDDGreat Lakes Dredge & Doc | $2M | 0.9% | +95.4% | 2.8 yr |
| AESThe AES Corporation | $2M | 0.9% | +19.9% | 2.8 yr |
| TERNTerns Pharmaceuticals, I | $2M | 0.9% | — | 1.0 yr |
| OLPXOlaplex Holdings, Inc. | $2M | 0.9% | +59.8% | 0.3 yr |
| CSCOCisco Systems, Inc. | $2M | 0.8% | +28.1% | 3.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management7.2%+1.4pp$17M
Oil & Gas Exploration & Production6.6%+2.0pp$15M
Software - Application6.3%+2.9pp$15M
Biotechnology6.2%+0.5pp$14M
Software - Infrastructure4.8%+0.9pp$11M
Gold3.6%+0.9pp$8M
Banks - Regional3.1%-1.1pp$7M
Unknown2.7%+0.8pp$6M
Specialty Retail2.5%+1.3pp$6M
Medical - Devices2.5%-0.3pp$6M
Country
US86.0%-4.7pp
CA5.0%+1.8pp
Unknown2.7%+0.8pp
IL2.4%
IE1.0%-0.2pp
BM0.5%-0.2pp
UY0.4%
CN0.3%
Top 5: 11.6% · Top 10: 16.5% · Top 25: 28.1%
Top buys this quarter · 15
| BSX Boston Scientific Corporation | +$3M |
| WIX Wix.com Ltd. | +$3M |
| SYY Sysco Corporation | +$2M |
| VNOM Viper Energy, Inc.new | +$2M |
| OLPX Olaplex Holdings, Inc.new | +$2M |
| AES The AES Corporation | +$2M |
| B Barrick Mining Corporationnew | +$2M |
| CVX Chevron Corporation | +$2M |
| GLDD Great Lakes Dredge & Dock Corp | +$2M |
| META Meta Platforms, Inc. | +$2M |
Top sells this quarter · 15
| NET Cloudflare, Inc. | −$68M |
| BE Bloom Energy Corporation | −$40M |
| AZO AutoZone, Inc. | −$29M |
| PDD PDD Holdings Inc. | −$23M |
| SSNC SS&C Technologies Holdings, In | −$10M |
| AIT Applied Industrial Technologie | −$10M |
| HMY Harmony Gold Mining Company Li | −$7M |
| TRU TransUnion | −$6M |
| CPRT Copart, Inc. | −$6M |
| STT State Street Corporation | −$5M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $232M | 441 | +26.15% | +17.59% | +8.56% | -0.05B |
| 2025-12-31 | $272M | 473 | +18.35% | +17.72% | +0.63% | -0.04B |
| 2025-09-30 | $295M | 419 | +10.62% | +17.52% | -6.89% | -0.02B |
| 2025-06-30 | $301M | 504 | +9.27% | +14.94% | -5.67% | +0.07B |
| 2025-03-31 | $216M | 463 | -0.97% | +8.30% | -9.27% | +0.00B |
| 2024-12-31 | $218M | 435 | +6.40% | +24.89% | -18.48% | +0.10B |
| 2024-09-30 | $118M | 297 | +5.24% | +5.75% | -0.51% | +0.01B |
| 2024-06-30 | $100M | 265 | -3.10% | +4.38% | -7.47% | +0.01B |
| 2024-03-31 | $89M | 250 | +5.63% | +10.39% | -4.76% | +0.02B |
| 2023-12-31 | $66M | 178 | — | — | — | -0.62B |
| 2020-03-31 | $690M | 204 | — | — | — | -2.91B |
| 2019-12-31 | $3.60B | 1702 | — | — | — | -0.48B |
| 2019-09-30 | $4.08B | 1662 | — | — | — | -0.53B |
| 2019-06-30 | $4.61B | 1653 | — | — | — | +0.10B |
| 2019-03-31 | $4.50B | 1606 | — | — | — | +0.67B |
| 2018-12-31 | $3.83B | 1733 | — | — | — | -0.90B |