Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+4.16%
adds when stocks drop
when a holding falls −10%+
Middle response
-0.90%
baseline attrition
Rally response
+1.07%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| GRALGRAIL, Inc. | $53M | 36.3% | +102.3% | 2.0 yr |
| GEF-BGreif, Inc. | $17M | 11.6% | — | 10.5 yr |
| ODVOsisko Development Corp. | $7M | 4.6% | +118.1% | 1.3 yr |
| CRBGCorebridge Financial, In | $6M | 3.8% | -21.9% | 3.5 yr |
| STXSStereotaxis, Inc. | $5M | 3.6% | +4.5% | 6.8 yr |
| OPYOppenheimer Holdings Inc | $5M | 3.3% | +53.1% | 4.8 yr |
| SNDASonida Senior Living, In | $5M | 3.3% | +38.5% | 5.5 yr |
| — | $4M | 2.9% | — | 4.8 yr |
| CBLCBL & Associates Propert | $4M | 2.8% | +52.2% | 0.8 yr |
| NAVINavient Corporation | $4M | 2.8% | -31.5% | 0.8 yr |
| GNWGenworth Financial, Inc. | $4M | 2.7% | +14.5% | 1.3 yr |
| VETVermilion Energy Inc. | $4M | 2.5% | +77.8% | 1.0 yr |
| TBNTamboran Resources Corp | $3M | 2.3% | +108.4% | 0.8 yr |
| — | $3M | 2.2% | — | 0.5 yr |
| RNAAtrium Therapeutics, Inc | $3M | 2.1% | — | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Medical - Diagnostics & Research36.3%+4.4pp$53M
Packaging & Containers11.6%-2.6pp$17M
Unknown5.8%-4.1pp$9M
Oil & Gas Exploration & Production4.9%+2.2pp$7M
Gold4.7%+4.6pp$7M
Asset Management4.0%-3.0pp$6M
Medical - Instruments & Supplies3.6%-2.5pp$5M
Financial - Credit Services3.4%$5M
Financial - Capital Markets3.3%-0.7pp$5M
Medical - Care Facilities3.3%-5.8pp$5M
Country
US80.5%-0.6pp
CA9.3%+5.6pp
Unknown5.8%-4.1pp
BM2.8%-1.2pp
MC1.1%
TR0.4%+0.1pp
GG0.1%
Top 5: 59.8% · Top 10: 75.1% · Top 25: 96.6%
Top buys this quarter · 10
| ODV Osisko Development Corp. | +$4M |
| RNA Atrium Therapeutics, Inc.new | +$3M |
| NAVI Navient Corporation | +$3M |
| TBN Tamboran Resources Corp | +$0M |
| MTG MGIC Investment Corporation | +$0M |
| OPRT Oportun Financial Corporation | +$0M |
| BUR Burford Capital Limitednew | +$0M |
| MRT Marti Technologies, Inc. | +$0M |
| MSFT Microsoft Corporation | +$0M |
| — | +$0M |
Top sells this quarter · 15
| SHG Shinhan Financial Group Co., Lexit | −$8M |
| ARVN Arvinas, Inc.exit | −$5M |
| SNDA Sonida Senior Living, Inc. | −$1M |
| CRBG Corebridge Financial, Inc. | −$1M |
| TFPM.TO Triple Flag Precious Metals Co | −$1M |
| CBL CBL & Associates Properties, I | −$0M |
| LESL Leslie's, Inc.exit | −$0M |
| DVN Devon Energy Corporation | −$0M |
| GRAL GRAIL, Inc. | −$0M |
| LRE Lead Real Estate Co., Ltd Amerexit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $147M | 40 | +67.79% | +17.59% | +50.20% | +0.00B |
| 2025-12-31 | $186M | 44 | +140.22% | +17.72% | +122.51% | +0.01B |
| 2025-09-30 | $146M | 35 | +95.76% | +17.52% | +78.24% | +0.02B |
| 2025-06-30 | $113M | 29 | +74.18% | +14.94% | +59.24% | -0.01B |
| 2025-03-31 | $82M | 31 | +6.73% | +8.30% | -1.57% | +0.01B |
| 2024-12-31 | $68M | 24 | +51.78% | +24.89% | +26.90% | +0.02B |
| 2024-09-30 | $51M | 24 | +71.19% | +36.04% | +35.16% | +0.00B |
| 2024-06-30 | $49M | 25 | +68.78% | +24.49% | +44.29% | -0.00B |
| 2024-03-31 | $55M | 24 | +73.32% | +29.62% | +43.70% | -0.02B |
| 2023-12-31 | $50M | 31 | -2.52% | +26.18% | -28.69% | -0.01B |
| 2023-09-30 | $56M | 32 | -12.11% | +21.57% | -33.67% | -0.00B |
| 2023-06-30 | $60M | 31 | -23.23% | +19.42% | -42.66% | -0.02B |
| 2023-03-31 | $79M | 32 | -46.86% | -7.82% | -39.04% | +0.00B |
| 2022-12-31 | $84M | 33 | +2.16% | +7.56% | -5.40% | +0.01B |
| 2022-09-30 | $70M | 29 | -11.94% | -4.93% | -7.01% | -0.02B |
| 2022-06-30 | $102M | 28 | -33.98% | -16.11% | -17.87% | +0.01B |