Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.34%
trims when stocks drop
when a holding falls −10%+
Middle response
-15.16%
baseline attrition
Rally response
-6.97%
trims into rallies
when a holding rises +10%+
Top positions · 9
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| TTANServiceTitan, Inc. | $322M | 51.7% | -33.3% | 1.5 yr |
| — | $138M | 22.1% | — | 0.8 yr |
| HNGEHinge Health, Inc. | $102M | 16.3% | — | 0.3 yr |
| LAWCS Disco, Inc. | $33M | 5.3% | -6.6% | 4.5 yr |
| KYMRKymera Therapeutics, Inc | $10M | 1.7% | +204.3% | 4.5 yr |
| SPIRSpire Global, Inc. | $9M | 1.4% | +55.5% | 4.5 yr |
| FVRRFiverr International Ltd | $6M | 0.9% | -57.7% | 4.5 yr |
| GUTSFractyl Health, Inc. Com | $2M | 0.4% | -61.5% | 2.3 yr |
| TCRXTScan Therapeutics, Inc. | $1M | 0.2% | -26.8% | 4.5 yr |
Portfolio composition (YoY)
Industry mix
Software - Application57.0%-25.4pp$355M
Unknown22.1%+8.6pp$138M
Medical - Healthcare Information Services16.3%$102M
Biotechnology2.2%+0.5pp$14M
Specialty Business Services1.4%+0.9pp$9M
Internet Content & Information0.9%-0.3pp$6M
Country
US77.0%-8.3pp
Unknown22.1%+8.6pp
IL0.9%-0.3pp
Top 5: 97.1% · Top 10: 100.0% · Top 25: 100.0%
Top buys this quarter · 1
| HNGE Hinge Health, Inc.new | +$102M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $622M | 9 | -27.62% | +17.59% | -45.22% | -0.01B |
| 2025-12-31 | $1.03B | 8 | +6.96% | +17.72% | -10.76% | -0.17B |
| 2025-09-30 | $1.12B | 9 | +60.03% | +17.52% | +42.51% | -0.10B |
| 2025-06-30 | $1.26B | 9 | +63.16% | +14.94% | +48.22% | +0.03B |
| 2025-03-31 | $1.08B | 9 | +13.43% | +8.30% | +5.13% | -0.09B |
| 2024-12-31 | $1.28B | 10 | +39.28% | +24.89% | +14.39% | +0.27B |
| 2024-09-30 | $630M | 11 | -2.19% | +36.04% | -38.23% | +0.15B |
| 2024-06-30 | $486M | 12 | -1.83% | +24.49% | -26.32% | +0.05B |
| 2024-03-31 | $552M | 12 | +29.32% | +29.62% | -0.30% | -0.31B |
| 2023-12-31 | $773M | 13 | +40.85% | +26.18% | +14.67% | -0.15B |
| 2023-09-30 | $821M | 14 | +17.37% | +21.57% | -4.20% | -0.28B |
| 2023-06-30 | $1.11B | 15 | +4.14% | +19.42% | -15.28% | -0.03B |
| 2023-03-31 | $1.09B | 16 | -35.88% | -7.82% | -28.06% | -0.23B |
| 2022-12-31 | $1.09B | 17 | -6.46% | +7.56% | -14.02% | -0.25B |
| 2022-09-30 | $1.43B | 17 | -12.27% | -4.93% | -7.34% | +0.07B |
| 2022-06-30 | $1.55B | 16 | -35.97% | -16.11% | -19.86% | -0.31B |