Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-8.38%
trims when stocks drop
when a holding falls −10%+
Middle response
+1.65%
steady accumulation
Rally response
-14.89%
trims into rallies
when a holding rises +10%+
Top positions · 3
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| APLEApple Hospitality REIT, | $49M | 79.7% | -4.2% | 1.0 yr |
| — | $6M | 10.3% | — | 3.5 yr |
| ATUSAltice USA, Inc. | $6M | 10.0% | — | 0.3 yr |
Portfolio composition (YoY)
Industry mix
REIT - Hotel & Motel79.7%$49M
Unknown10.3%-0.2pp$6M
Telecommunications Services10.0%$6M
Country
US89.7%+58.5pp
Unknown10.3%-0.2pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 1
| ATUS Altice USA, Inc.new | +$0M |
Top sells this quarter · 0
No sells this quarter
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $61M | 3 | +41.07% | +17.59% | +23.48% | +0.00B |
| 2025-12-31 | $59M | 2 | +33.86% | +17.72% | +16.14% | -0.05B |
| 2025-09-30 | $99M | 3 | +38.28% | +17.52% | +20.77% | -0.40B |
| 2025-06-30 | $432M | 5 | +19.89% | +14.94% | +4.95% | -0.14B |
| 2025-03-31 | $485M | 5 | -12.17% | +8.30% | -20.48% | +0.07B |
| 2024-12-31 | $441M | 7 | -1.60% | +24.89% | -26.48% | -0.05B |
| 2024-09-30 | $445M | 7 | +7.48% | +36.04% | -28.56% | -0.00B |
| 2024-06-30 | $447M | 7 | +10.46% | +24.49% | -14.03% | +0.00B |
| 2024-03-31 | $518M | 8 | +14.10% | +29.62% | -15.52% | -0.05B |
| 2023-12-31 | $540M | 10 | +17.43% | +26.18% | -8.75% | +0.01B |
| 2023-09-30 | $447M | 12 | +28.87% | +21.57% | +7.30% | -0.19B |
| 2023-06-30 | $622M | 13 | -14.41% | +19.42% | -33.83% | -0.28B |
| 2023-03-31 | $1.01B | 15 | -42.68% | -7.82% | -34.87% | -0.05B |
| 2022-12-31 | $990M | 18 | +31.15% | +7.56% | +23.59% | -0.13B |
| 2022-09-30 | $851M | 31 | -31.91% | -4.93% | -26.98% | +0.10B |
| 2022-06-30 | $1.11B | 34 | -40.37% | -16.11% | -24.26% | +0.38B |