Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.88%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.08%
steady accumulation
Rally response
-1.44%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| LRCXLam Research Corporation | $6M | 6.0% | +196.1% | 1.5 yr |
| AMATApplied Materials, Inc. | $5M | 4.9% | +137.6% | 5.5 yr |
| IBMInternational Business M | $5M | 4.8% | -0.1% | 5.5 yr |
| BEPCBrookfield Renewable Cor | $5M | 4.6% | +48.7% | 1.5 yr |
| GLWCorning Incorporated | $4M | 3.6% | +201.5% | 4.3 yr |
| AEISAdvanced Energy Industri | $3M | 3.2% | +239.4% | 5.5 yr |
| NXTNextpower Inc. | $3M | 2.9% | +186.1% | 2.3 yr |
| QCOMQUALCOMM Incorporated | $3M | 2.8% | -14.2% | 5.5 yr |
| CRSPCRISPR Therapeutics AG | $3M | 2.7% | +39.8% | 5.5 yr |
| HRZNHorizon Technology Finan | $2M | 2.4% | -46.0% | 5.5 yr |
| MUMicron Technology, Inc. | $2M | 2.2% | +289.6% | 5.5 yr |
| STXSeagate Technology Holdi | $2M | 2.2% | +366.3% | 5.0 yr |
| TEMTempus AI, Inc. | $2M | 2.1% | -6.3% | 1.5 yr |
| ADIAnalog Devices, Inc. | $2M | 2.1% | +60.2% | 5.5 yr |
| RIVNRivian Automotive, Inc. | $2M | 1.8% | +20.9% | 4.3 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors23.4%+5.6pp$24M
Biotechnology7.8%+1.0pp$8M
Hardware, Equipment & Parts7.0%+2.0pp$7M
Renewable Utilities6.0%+1.5pp$6M
Software - Infrastructure6.0%-1.8pp$6M
Information Technology Services4.8%-1.2pp$5M
Electrical Equipment & Parts4.4%+2.8pp$4M
Asset Management3.5%-0.5pp$4M
Computer Hardware3.3%+1.8pp$3M
Solar3.3%+0.7pp$3M
Country
US90.8%-2.2pp
CH4.4%+0.5pp
SG3.1%+1.9pp
CA0.6%+0.1pp
Unknown0.4%+0.3pp
CN0.4%
AU0.2%-0.5pp
IL0.1%-0.5pp
Top 5: 23.9% · Top 10: 38.0% · Top 25: 63.3%
Top buys this quarter · 15
| HRZN Horizon Technology Finance Cor | +$2M |
| IBM International Business Machine | +$5M |
| CRSP CRISPR Therapeutics AG | +$3M |
| MRNA Moderna, Inc. | +$0M |
| BEPC Brookfield Renewable Corporati | +$0M |
| SSSS SuRo Capital Corp. | +$0M |
| TEM Tempus AI, Inc. | +$2M |
| QCOM QUALCOMM Incorporated | +$3M |
| NGVC Natural Grocers by Vitamin Cot | +$0M |
| AMAT Applied Materials, Inc. | +$0M |
Top sells this quarter · 15
| EXAS Exact Sciences Corporationexit | −$0M |
| TXG 10x Genomics, Inc.exit | −$0M |
| ISRG Intuitive Surgical, Inc.exit | −$0M |
| YETI YETI Holdings, Inc.exit | −$0M |
| BEAM Beam Therapeutics Inc.exit | −$0M |
| GTLB GitLab Inc.exit | −$0M |
| MU Micron Technology, Inc. | −$2M |
| STX Seagate Technology Holdings pl | −$2M |
| RPD Rapid7, Inc.exit | −$0M |
| GLW Corning Incorporated | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $102M | 107 | +27.39% | +17.59% | +9.80% | -0.00B |
| 2025-12-31 | $109M | 115 | +22.50% | +17.72% | +4.78% | +0.00B |
| 2025-09-30 | $104M | 102 | +15.89% | +17.52% | -1.62% | -0.01B |
| 2025-06-30 | $105M | 109 | +13.49% | +14.94% | -1.46% | -0.01B |
| 2025-03-31 | $94M | 112 | -16.30% | +8.30% | -24.61% | -0.02B |
| 2024-12-31 | $125M | 147 | -22.97% | +24.89% | -47.86% | +0.00B |
| 2024-09-30 | $127M | 141 | -21.63% | +36.04% | -57.67% | -0.01B |
| 2024-06-30 | $124M | 138 | -53.18% | +24.49% | -77.67% | +0.00B |
| 2024-03-31 | $138M | 142 | -44.64% | +29.62% | -74.26% | +0.02B |
| 2023-12-31 | $139M | 151 | -12.69% | +26.18% | -38.87% | +0.01B |
| 2023-09-30 | $130M | 156 | -29.28% | +21.57% | -50.84% | +0.03B |
| 2023-06-30 | $152M | 153 | +57.54% | +19.42% | +38.11% | +0.01B |
| 2023-03-31 | $143M | 150 | +27.43% | -7.82% | +35.25% | -0.02B |
| 2022-12-31 | $120M | 144 | -20.77% | +7.56% | -28.33% | +0.03B |
| 2022-09-30 | $118M | 141 | +44.12% | -4.93% | +49.05% | -0.51B |
| 2022-06-30 | $435M | 149 | -16.65% | -16.11% | -0.54% | +0.31B |