Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.48%
trims when stocks drop
when a holding falls −10%+
Middle response
-1.38%
baseline attrition
Rally response
-1.38%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $86M | 4.3% | +60.9% | 10.3 yr |
| AAPLApple Inc. | $70M | 3.5% | +14.7% | 10.5 yr |
| MSFTMicrosoft Corporation | $57M | 2.8% | -0.6% | 10.5 yr |
| GOOGLAlphabet Inc. | $52M | 2.6% | — | 10.5 yr |
| AMZNAmazon.com, Inc. | $39M | 1.9% | +9.5% | 10.5 yr |
| AVGOBroadcom Inc. | $31M | 1.5% | +86.0% | 8.0 yr |
| XOMExxon Mobil Corporation | $29M | 1.5% | +47.6% | 10.5 yr |
| ABBVAbbVie Inc. | $29M | 1.4% | +7.3% | 10.5 yr |
| VZVerizon Communications I | $28M | 1.4% | +16.5% | 10.5 yr |
| METAMeta Platforms, Inc. | $25M | 1.3% | -0.4% | 10.5 yr |
| JNJJohnson & Johnson | $25M | 1.2% | +51.5% | 10.5 yr |
| JPMJPMorgan Chase & Co. | $22M | 1.1% | +21.8% | 10.5 yr |
| PGThe Procter & Gamble Com | $21M | 1.1% | -12.9% | 10.5 yr |
| KOThe Coca-Cola Company | $21M | 1.0% | +9.3% | 10.5 yr |
| WMTWalmart Inc. | $20M | 1.0% | +42.8% | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors9.0%+1.6pp$180M
Drug Manufacturers - General4.6%-0.0pp$92M
Software - Infrastructure4.5%-1.0pp$90M
Internet Content & Information4.5%+0.0pp$90M
Consumer Electronics3.5%-0.9pp$71M
Regulated Electric3.5%+0.3pp$69M
Chemicals - Specialty3.0%+1.0pp$61M
Specialty Retail3.0%-0.4pp$60M
Industrial - Machinery2.9%+0.6pp$59M
Household & Personal Products2.9%+0.2pp$58M
Country
US95.7%-0.1pp
IE1.5%+0.1pp
Unknown0.9%-0.0pp
GB0.7%+0.0pp
TW0.4%+0.2pp
CH0.3%-0.1pp
UY0.1%-0.1pp
BM0.1%-0.0pp
Top 5: 15.2% · Top 10: 22.3% · Top 25: 36.1%
Top buys this quarter · 15
| RHI Robert Half International Inc. | +$14M |
| WLK Westlake Corporation | +$9M |
| AVA Avista Corporationnew | +$8M |
| CLX The Clorox Company | +$6M |
| TGT Target Corporation | +$6M |
| FAST Fastenal Company | +$5M |
| THG The Hanover Insurance Group, Inew | +$5M |
| CMI Cummins Inc. | +$5M |
| AEIS Advanced Energy Industries, Innew | +$5M |
| NET Cloudflare, Inc. | +$4M |
Top sells this quarter · 15
| UGI UGI Corporationexit | −$16M |
| CVX Chevron Corporation | −$15M |
| BEN Franklin Resources, Inc. | −$8M |
| ABBV AbbVie Inc. | −$8M |
| NJR New Jersey Resources Corporatiexit | −$7M |
| ABT Abbott Laboratories | −$7M |
| CHRW C.H. Robinson Worldwide, Inc. | −$6M |
| ALB Albemarle Corporation | −$6M |
| NFG National Fuel Gas Company | −$5M |
| ES Eversource Energy | −$5M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $2.00B | 548 | +15.94% | +17.59% | -1.65% | -0.07B |
| 2025-12-31 | $2.08B | 546 | +13.60% | +17.72% | -4.12% | -0.05B |
| 2025-09-30 | $2.10B | 543 | +11.57% | +17.52% | -5.94% | -0.04B |
| 2025-06-30 | $2.02B | 543 | +13.32% | +14.94% | -1.62% | -0.67B |
| 2025-03-31 | $2.48B | 643 | +5.29% | +8.30% | -3.01% | -0.08B |
| 2024-12-31 | $2.63B | 677 | +16.54% | +24.89% | -8.35% | +0.01B |
| 2024-09-30 | $2.62B | 673 | +29.49% | +36.04% | -6.55% | -0.02B |
| 2024-06-30 | $2.46B | 652 | +14.49% | +24.49% | -10.00% | +0.10B |
| 2024-03-31 | $2.35B | 668 | +19.08% | +29.62% | -10.55% | -0.05B |
| 2023-12-31 | $2.22B | 528 | +13.46% | +26.18% | -12.71% | -0.15B |
| 2023-09-30 | $2.14B | 602 | +11.41% | +21.57% | -10.16% | +0.23B |
| 2023-06-30 | $2.00B | 589 | +10.24% | +19.42% | -9.19% | -0.01B |
| 2023-03-31 | $1.93B | 589 | -7.86% | -7.82% | -0.04% | -0.16B |
| 2022-12-31 | $2.03B | 589 | +8.85% | +7.56% | +1.29% | +0.16B |
| 2022-09-30 | $1.71B | 589 | -5.78% | -4.93% | -0.86% | +0.09B |
| 2022-06-30 | $1.72B | 620 | -12.68% | -16.11% | +3.43% | +0.13B |