Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+5.02%
adds when stocks drop
when a holding falls −10%+
Middle response
-0.40%
baseline attrition
Rally response
-5.10%
trims into rallies
when a holding rises +10%+
Top positions · 9
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| MRNAModerna, Inc. | $409M | 27.2% | +79.2% | 7.0 yr |
| METAMeta Platforms, Inc. | $258M | 17.2% | -0.4% | 2.5 yr |
| UBERUber Technologies, Inc. | $229M | 15.3% | -1.3% | 1.5 yr |
| TRUTransUnion | $160M | 10.7% | -16.1% | 2.3 yr |
| AMZNAmazon.com, Inc. | $153M | 10.2% | +9.5% | 1.8 yr |
| — | $98M | 6.6% | — | 1.3 yr |
| EFXEquifax Inc. | $97M | 6.5% | -25.4% | 2.0 yr |
| HOODRobinhood Markets, Inc. | $79M | 5.3% | +66.5% | 0.3 yr |
| — | $16M | 1.1% | — | 0.8 yr |
Portfolio composition (YoY)
Industry mix
Biotechnology27.2%+11.1pp$409M
Internet Content & Information17.2%$258M
Consulting Services17.2%-6.1pp$258M
Software - Application15.3%+6.5pp$229M
Specialty Retail10.2%-2.5pp$153M
Unknown7.7%+1.2pp$115M
Financial - Capital Markets5.3%$79M
Country
US92.3%+2.5pp
Unknown7.7%+1.2pp
Top 5: 80.6% · Top 10: 100.0% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.50B | 9 | +66.05% | +17.59% | +48.46% | -0.04B |
| 2025-12-31 | $1.54B | 9 | +49.49% | +17.72% | +31.77% | -0.03B |
| 2025-09-30 | $1.56B | 10 | +38.68% | +17.52% | +21.16% | -0.09B |
| 2025-06-30 | $1.65B | 10 | +17.19% | +14.94% | +2.25% | -0.44B |
| 2025-03-31 | $1.27B | 12 | -25.86% | +8.30% | -34.16% | -0.08B |
| 2024-12-31 | $1.49B | 11 | -9.79% | +24.89% | -34.68% | -0.08B |
| 2024-09-30 | $1.70B | 10 | +9.36% | +36.04% | -26.68% | -0.01B |
| 2024-06-30 | $2.01B | 8 | +17.06% | +24.49% | -7.43% | +0.12B |
| 2024-03-31 | $1.82B | 7 | +5.98% | +29.62% | -23.64% | -0.27B |
| 2023-12-31 | $1.90B | 9 | -13.40% | +26.18% | -39.58% | -0.34B |
| 2023-09-30 | $1.99B | 10 | -3.06% | +21.57% | -24.63% | -0.02B |
| 2023-06-30 | $2.21B | 9 | -3.94% | +19.42% | -23.36% | +0.02B |
| 2023-03-31 | $2.33B | 11 | -21.32% | -7.82% | -13.50% | -0.01B |
| 2022-12-31 | $2.60B | 10 | +25.87% | +7.56% | +18.30% | +0.02B |
| 2022-09-30 | $2.05B | 10 | -9.75% | -4.93% | -4.82% | -0.20B |
| 2022-06-30 | $2.50B | 12 | -22.98% | -16.11% | -6.87% | +0.08B |