Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.94%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.18%
steady accumulation
Rally response
-0.25%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VTVVanguard Value ETF | $129M | 3.2% | — | 1.5 yr |
| AAPLApple Inc. | $120M | 3.0% | +14.7% | 1.5 yr |
| VUGVanguard Growth ETF | $96M | 2.4% | — | 1.5 yr |
| MSFTMicrosoft Corporation | $77M | 1.9% | -0.6% | 1.5 yr |
| TACKFairlead Tactical Sector | $75M | 1.8% | — | 1.5 yr |
| GOOGAlphabet Inc. | $67M | 1.7% | +84.3% | 1.5 yr |
| FLXRTCW Flexible Income ETF | $60M | 1.5% | — | 1.5 yr |
| EFGiShares MSCI EAFE Growth | $59M | 1.5% | — | 1.5 yr |
| JEPIJPMorgan Equity Premium | $55M | 1.4% | — | 1.5 yr |
| EFViShares MSCI EAFE Value | $53M | 1.3% | — | 1.5 yr |
| JPIEJPMorgan Income ETF | $52M | 1.3% | — | 1.5 yr |
| VBVanguard Small-Cap ETF | $51M | 1.3% | — | 1.5 yr |
| AMZNAmazon.com, Inc. | $47M | 1.2% | +9.5% | 1.5 yr |
| GOOGLAlphabet Inc. | $45M | 1.1% | — | 1.5 yr |
| JGROJPMorgan Active Growth E | $44M | 1.1% | — | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management43.0%+3.1pp$1.74B
Asset Management - Income4.6%+0.1pp$187M
Asset Management - Bonds3.8%+0.1pp$153M
Drug Manufacturers - General3.4%-0.4pp$139M
Semiconductors3.2%+0.9pp$129M
Internet Content & Information3.2%+0.7pp$128M
Consumer Electronics3.0%-0.2pp$120M
Software - Infrastructure2.7%-0.3pp$111M
Aerospace & Defense1.8%+0.5pp$72M
Specialty Retail1.7%-0.2pp$70M
Country
US94.7%-0.6pp
Unknown1.7%+0.6pp
IE1.2%+0.1pp
CA0.7%+0.3pp
GB0.6%-0.3pp
NL0.4%+0.3pp
UY0.2%-0.1pp
TW0.1%+0.0pp
Top 5: 12.3% · Top 10: 19.6% · Top 25: 34.7%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| GOOG | $36M | +0.03B | 84.3% |
| AAPL | $101M | +0.01B | 14.7% |
| NVDA | $18M | +0.01B | 60.9% |
| JNJ | $22M | +0.01B | 51.5% |
| RTX | $21M | +0.01B | 48.1% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| MSFT | $74M | -0.00B | -0.6% |
Top buys this quarter · 15
| BWXT BWX Technologies, Inc. | +$8M |
| ETN Eaton Corporation plc | +$6M |
| HD The Home Depot, Inc. | +$5M |
| NVDA NVIDIA Corporation | +$5M |
| AJG Arthur J. Gallagher & Co. | +$5M |
| ROP Roper Technologies, Inc. | +$4M |
| MSFT Microsoft Corporation | +$77M |
| BA The Boeing Company | +$3M |
| ORCL Oracle Corporation | +$2M |
| CAG Conagra Brands, Inc. | +$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $4.04B | 983 | +17.11% | +17.59% | -0.48% | +0.07B |
| 2025-12-31 | $4.04B | 971 | +16.26% | +17.72% | -1.46% | +0.09B |
| 2025-09-30 | $3.85B | 923 | +7.89% | +8.12% | -0.23% | +0.01B |
| 2025-06-30 | $3.56B | 896 | +7.76% | +10.78% | -3.01% | +0.16B |
| 2025-03-31 | $3.16B | 855 | -2.42% | -4.27% | +1.84% | +0.16B |
| 2024-12-31 | $3.07B | 826 | — | — | — | — |