Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+31.49%
adds when stocks drop
when a holding falls −10%+
Middle response
-24.80%
baseline attrition
Rally response
+0.00%
adds into rallies
when a holding rises +10%+
Top positions · 13
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AMZNAmazon.com, Inc. | $10M | 19.7% | +27.8% | 1.0 yr |
| TSMTaiwan Semiconductor Man | $10M | 18.7% | +241.4% | 0.5 yr |
| NVDANVIDIA Corporation | $6M | 12.0% | +540.0% | 0.3 yr |
| RKTRocket Companies, Inc. | $4M | 8.3% | +35.5% | 0.5 yr |
| SRADSportradar Group AG | $4M | 7.7% | +0.6% | 0.5 yr |
| KKRKKR & Co. Inc. | $4M | 7.2% | +63.7% | 0.3 yr |
| METAMeta Platforms, Inc. | $3M | 6.2% | +159.3% | 3.3 yr |
| VSTVistra Corp. | $3M | 5.2% | +591.8% | 0.3 yr |
| TLNTalen Energy Corporation | $2M | 4.9% | — | 0.3 yr |
| ASMLASML Holding N.V. | $2M | 4.7% | +105.9% | 0.3 yr |
| VMIValmont Industries, Inc. | $2M | 3.4% | +72.9% | 0.5 yr |
| — | $1M | 2.1% | — | 0.3 yr |
| MNTSWMomentus Inc. | $0M | 0.0% | — | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors35.4%$18M
Specialty Retail19.7%$10M
Independent Power Producers10.0%$5M
Financial - Mortgages8.3%$4M
Software - Application7.7%$4M
Asset Management7.2%$4M
Internet Content & Information6.2%$3M
Conglomerates3.4%$2M
Unknown2.1%+0.5pp$1M
Aerospace & Defense0.0%-0.5pp$0M
Country
US66.9%+2.1pp
TW18.7%
CH7.7%
NL4.7%-22.0pp
Unknown2.1%+0.5pp
Top 5: 66.4% · Top 10: 94.5% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 6
| — new | +$0M |
| NVDA NVIDIA Corporationnew | +$6M |
| KKR KKR & Co. Inc.new | +$4M |
| VST Vistra Corp.new | +$3M |
| TLN Talen Energy Corporationnew | +$2M |
| ASML ASML Holding N.V.new | +$2M |
Top sells this quarter · 10
| — exit | −$0M |
| META Meta Platforms, Inc. | −$16M |
| BKR Baker Hughes Companyexit | −$11M |
| CLH Clean Harbors, Inc.exit | −$9M |
| VMI Valmont Industries, Inc. | −$6M |
| DKNG DraftKings Inc.exit | −$4M |
| TIC TIC Solutions, Inc.exit | −$3M |
| GENI Genius Sports Limitedexit | −$2M |
| AMZN Amazon.com, Inc. | −$1M |
| SRAD Sportradar Group AG | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $51M | 13 | -7.69% | -4.37% | -3.32% | -0.03B |
| 2025-12-31 | $83M | 12 | — | — | — | +0.06B |
| 2022-09-30 | $23M | 3 | -6.17% | -4.93% | -1.24% | -0.02B |
| 2022-06-30 | $42M | 7 | -12.74% | -16.11% | +3.37% | +0.00B |
| 2022-03-31 | $43M | 8 | — | — | — | -0.02B |
| 2021-12-31 | $63M | 8 | — | — | — | +0.03B |
| 2019-09-30 | $37M | 8 | — | — | — | -0.01B |
| 2019-06-30 | $48M | 8 | — | — | — | +0.00B |
| 2019-03-31 | $48M | 7 | — | — | — | +0.00B |
| 2018-12-31 | $43M | 9 | — | — | — | -0.02B |
| 2018-09-30 | $66M | 13 | — | — | — | -0.01B |
| 2018-06-30 | $78M | 11 | — | — | — | -0.03B |
| 2018-03-31 | $106M | 11 | — | — | — | +0.02B |
| 2017-12-31 | $83M | 11 | — | — | — | -0.04B |
| 2017-09-30 | $120M | 13 | — | — | — | +0.03B |
| 2017-06-30 | $89M | 10 | — | — | — | -0.01B |