Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-3.58%
trims when stocks drop
when a holding falls −10%+
Middle response
-7.38%
baseline attrition
Rally response
-2.47%
trims into rallies
when a holding rises +10%+
Top positions · 4
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| DMRCDigimarc Corporation | $14M | 38.9% | -61.7% | 5.3 yr |
| OSUROraSure Technologies, In | $11M | 31.0% | -11.0% | 1.3 yr |
| SKYHSky Harbour Group Corpor | $7M | 19.7% | -26.0% | 2.5 yr |
| YTRAYatra Online, Inc. | $4M | 10.3% | +42.5% | 7.3 yr |
Portfolio composition (YoY)
Industry mix
Information Technology Services38.9%-22.6pp$14M
Medical - Instruments & Supplies31.0%+30.1pp$11M
Aerospace & Defense19.7%+2.7pp$7M
Travel Services10.3%+5.9pp$4M
Country
US89.7%-5.9pp
IN10.3%+5.9pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Top buys this quarter · 0
No buys this quarter
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $35M | 4 | -41.15% | +17.59% | -58.74% | -0.00B |
| 2025-12-31 | $39M | 4 | -72.98% | +17.72% | -90.70% | -0.00B |
| 2025-09-30 | $51M | 4 | -54.18% | +17.52% | -71.69% | +0.00B |
| 2025-06-30 | $55M | 5 | -50.45% | +14.94% | -65.39% | -0.00B |
| 2025-03-31 | $58M | 5 | -55.09% | +8.30% | -63.39% | +0.00B |
| 2024-12-31 | $129M | 4 | +10.56% | +24.89% | -14.32% | -0.01B |
| 2024-09-30 | $108M | 4 | +1.96% | +36.04% | -34.08% | -0.00B |
| 2024-06-30 | $119M | 4 | +9.86% | +24.49% | -14.64% | -0.07B |
| 2024-03-31 | $210M | 5 | +47.45% | +29.62% | +17.83% | -0.01B |
| 2023-12-31 | $215M | 5 | +72.66% | +26.18% | +46.48% | +0.06B |
| 2023-09-30 | $130M | 4 | +78.58% | +21.57% | +57.02% | -0.00B |
| 2023-06-30 | $132M | 4 | +62.49% | +19.42% | +43.06% | -0.01B |
| 2023-03-31 | $115M | 4 | +10.54% | -7.82% | +18.36% | -0.01B |
| 2022-12-31 | $105M | 4 | +25.87% | +7.56% | +18.31% | -0.02B |
| 2022-09-30 | $99M | 7 | -9.06% | -4.93% | -4.13% | -0.03B |
| 2022-06-30 | $136M | 9 | -18.56% | -16.11% | -2.45% | +0.02B |