Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+4.75%
adds when stocks drop
when a holding falls −10%+
Middle response
-2.59%
baseline attrition
Rally response
+16.24%
adds into rallies
when a holding rises +10%+
Top positions · 3
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| ALHAlliance Laundry Holding | $2.92B | 83.2% | — | 0.5 yr |
| UAUnder Armour, Inc. | $377M | 10.7% | -2.7% | 3.3 yr |
| EQPTEquipmentShare.com Inc. | $215M | 6.1% | — | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Furnishings, Fixtures & Appliances83.2%$2.92B
Apparel - Manufacturers10.7%-89.3pp$377M
Rental & Leasing Services6.1%$215M
Country
US100.0%+0.0pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Top buys this quarter · 1
| EQPT EquipmentShare.com Inc.new | +$215M |
Top sells this quarter · 1
| CBUS Cibus, Inc.exit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $3.51B | 3 | -16.30% | +17.59% | -33.89% | +0.21B |
| 2025-12-31 | $3.18B | 3 | -35.66% | +17.72% | -53.38% | +2.86B |
| 2025-09-30 | $314M | 2 | -42.23% | +17.52% | -59.74% | +0.01B |
| 2025-06-30 | $405M | 2 | -0.62% | +14.94% | -15.56% | +0.02B |
| 2025-03-31 | $354M | 2 | -16.68% | +8.30% | -24.98% | +0.04B |
| 2024-12-31 | $391M | 2 | -10.67% | +24.89% | -35.55% | -0.06B |
| 2024-09-30 | $502M | 2 | +27.16% | +36.04% | -8.87% | +0.00B |
| 2024-06-30 | $391M | 2 | -8.87% | +24.49% | -33.36% | +0.04B |
| 2024-03-31 | $378M | 2 | -9.17% | +29.62% | -38.79% | +0.07B |
| 2023-12-31 | $359M | 2 | +48.69% | +26.18% | +22.52% | +0.01B |
| 2023-09-30 | $278M | 3 | +5.06% | +21.57% | -16.51% | -0.03B |
| 2023-06-30 | $335M | 3 | -3.48% | +19.42% | -22.90% | +0.07B |
| 2023-03-31 | $286M | 3 | +1.88% | -7.82% | +9.70% | -0.21B |
| 2022-12-31 | $354M | 3 | -10.25% | +7.56% | -17.81% | +0.05B |
| 2022-09-30 | $333M | 3 | -15.71% | -4.93% | -10.78% | +0.01B |
| 2022-06-30 | $379M | 3 | -3.79% | -16.11% | +12.32% | -2.56B |