Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-11.39%
trims when stocks drop
when a holding falls −10%+
Middle response
-0.03%
baseline attrition
Rally response
-6.34%
trims into rallies
when a holding rises +10%+
Top positions · 3
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| — | $236M | 41.8% | — | 1.0 yr |
| DVDoubleVerify Holdings, I | $174M | 30.7% | -28.9% | 5.0 yr |
| ELYCallaway Golf Company | $155M | 27.4% | — | 4.0 yr |
Portfolio composition (YoY)
Industry mix
Unknown41.8%$236M
Software - Application30.7%-14.9pp$174M
Leisure27.4%+9.3pp$155M
Country
US58.2%-41.8pp
Unknown41.8%
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Top buys this quarter · 0
No buys this quarter
Top sells this quarter · 1
| ELY Callaway Golf Company | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $565M | 3 | -31.79% | +17.59% | -49.38% | +0.01B |
| 2025-12-31 | $671M | 3 | -36.59% | +17.72% | -54.31% | +0.11B |
| 2025-09-30 | $584M | 3 | -27.10% | +17.52% | -44.62% | -0.09B |
| 2025-06-30 | $847M | 3 | -9.18% | +14.94% | -24.12% | +0.02B |
| 2025-03-31 | $770M | 3 | -47.51% | +8.30% | -55.82% | +0.01B |
| 2024-12-31 | $980M | 3 | -31.79% | +24.89% | -56.67% | -0.11B |
| 2024-09-30 | $995M | 3 | -17.54% | +36.04% | -53.58% | -0.09B |
| 2024-06-30 | $1.08B | 3 | -41.07% | +24.49% | -65.56% | +0.12B |
| 2024-03-31 | $1.56B | 3 | +18.90% | +29.62% | -10.72% | +0.04B |
| 2023-12-31 | $1.51B | 3 | +55.53% | +26.18% | +29.35% | -0.62B |
| 2023-09-30 | $1.61B | 3 | -2.40% | +21.57% | -23.97% | -0.36B |
| 2023-06-30 | $2.76B | 3 | +59.53% | +19.42% | +40.10% | -0.21B |
| 2023-03-31 | $2.37B | 5 | +9.21% | -7.82% | +17.03% | -0.60B |
| 2022-12-31 | $2.27B | 8 | -16.71% | +7.56% | -24.27% | -0.15B |
| 2022-09-30 | $2.90B | 8 | +16.46% | -4.93% | +21.39% | -0.17B |
| 2022-06-30 | $2.64B | 5 | -14.21% | -16.11% | +1.90% | -0.11B |