Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.72%
adds when stocks drop
when a holding falls −10%+
Middle response
-8.24%
baseline attrition
Rally response
-23.94%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| METAMeta Platforms, Inc. | $77M | 16.1% | -0.4% | 5.3 yr |
| UGLProShares - Ultra Gold | $43M | 8.9% | — | 0.8 yr |
| PDDPDD Holdings Inc. | $35M | 7.2% | -13.7% | 7.0 yr |
| FIGRFigure Technology Soluti | $34M | 7.0% | — | 0.5 yr |
| OXYOccidental Petroleum Cor | $33M | 7.0% | +34.6% | 1.3 yr |
| GOOGAlphabet Inc. | $24M | 5.0% | +84.3% | 5.8 yr |
| RKLBRocket Lab USA, Inc. | $23M | 4.8% | +259.2% | 0.8 yr |
| AEMAgnico Eagle Mines Limit | $20M | 4.2% | +89.2% | 1.3 yr |
| LEUCentrus Energy Corp. | $19M | 4.0% | +179.0% | 1.5 yr |
| SQQQProShares - UltraPro Sho | $18M | 3.7% | — | 0.5 yr |
| TCOMTrip.com Group Limited | $16M | 3.4% | -21.7% | 1.3 yr |
| LMNDLemonade, Inc. | $15M | 3.1% | +99.4% | 0.3 yr |
| XOMExxon Mobil Corporation | $14M | 2.8% | +47.6% | 0.3 yr |
| UNHUnitedHealth Group Incor | $13M | 2.7% | -46.9% | 0.8 yr |
| INTCIntel Corporation | $13M | 2.6% | +94.3% | 2.0 yr |
Portfolio composition (YoY)
Industry mix
Internet Content & Information21.2%-6.3pp$102M
Asset Management13.3%+4.2pp$64M
Oil & Gas Exploration & Production8.0%$38M
Specialty Retail7.5%-1.9pp$36M
Financial - Capital Markets7.0%$34M
Aerospace & Defense4.8%-2.3pp$23M
Semiconductors4.6%-6.9pp$22M
Gold4.2%$20M
Uranium4.0%+1.9pp$19M
Oil & Gas Midstream3.4%$16M
Country
US77.8%-1.0pp
IE7.2%+1.7pp
CA4.2%+3.9pp
SG3.4%
CN2.7%-2.3pp
FI2.4%
TW1.9%+0.4pp
Unknown0.3%-0.0pp
Top 5: 46.2% · Top 10: 67.9% · Top 25: 96.6%
Top buys this quarter · 15
| RKLB Rocket Lab USA, Inc. | +$18M |
| LMND Lemonade, Inc.new | +$15M |
| XOM Exxon Mobil Corporationnew | +$14M |
| OXY Occidental Petroleum Corporati | +$12M |
| TCOM Trip.com Group Limited | +$12M |
| NOK Nokia Oyjnew | +$12M |
| FIGR Figure Technology Solutions, I | +$11M |
| UNH UnitedHealth Group Incorporate | +$11M |
| LNG Cheniere Energy, Inc.new | +$9M |
| TSM Taiwan Semiconductor Manufactu | +$6M |
Top sells this quarter · 15
| GOOG Alphabet Inc. | −$66M |
| INTC Intel Corporation | −$42M |
| AEM Agnico Eagle Mines Limited | −$26M |
| META Meta Platforms, Inc. | −$22M |
| DHI D.R. Horton, Inc.exit | −$19M |
| AAPL Apple Inc.exit | −$18M |
| MSTR Strategy Incexit | −$17M |
| Z Zillow Group, Inc. Class Cexit | −$15M |
| NVO Novo Nordisk A/Sexit | −$10M |
| SNOW Snowflake Inc.exit | −$7M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $481M | 36 | +61.45% | +17.59% | +43.86% | -0.10B |
| 2025-12-31 | $611M | 50 | +60.58% | +17.72% | +42.87% | -0.06B |
| 2025-09-30 | $668M | 48 | +71.72% | +17.52% | +54.20% | -0.05B |
| 2025-06-30 | $540M | 41 | +31.20% | +14.94% | +16.25% | -0.01B |
| 2025-03-31 | $430M | 44 | +10.13% | +8.30% | +1.82% | +0.06B |
| 2024-12-31 | $388M | 43 | +24.69% | +24.89% | -0.20% | -0.06B |
| 2024-09-30 | $421M | 40 | +41.36% | +36.04% | +5.32% | -0.02B |
| 2024-06-30 | $429M | 37 | +46.37% | +24.49% | +21.88% | +0.00B |
| 2024-03-31 | $399M | 40 | +32.74% | +29.62% | +3.12% | -0.00B |
| 2023-12-31 | $375M | 39 | +57.01% | +26.18% | +30.83% | -0.07B |
| 2023-09-30 | $368M | 39 | +26.06% | +21.57% | +4.49% | -0.06B |
| 2023-06-30 | $401M | 36 | +12.97% | +19.42% | -6.45% | +0.01B |
| 2023-03-31 | $405M | 39 | +19.64% | -7.82% | +27.45% | +0.05B |
| 2022-12-31 | $277M | 39 | -2.68% | +7.56% | -10.24% | +0.01B |
| 2022-09-30 | $276M | 41 | -5.13% | -4.93% | -0.21% | +0.08B |
| 2022-06-30 | $204M | 36 | +2.68% | -16.11% | +18.80% | -0.09B |