Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+4.63%
adds when stocks drop
when a holding falls −10%+
Middle response
-0.48%
baseline attrition
Rally response
-2.61%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| DOCNDigitalOcean Holdings, I | $9M | 4.9% | +156.9% | 1.0 yr |
| CLHClean Harbors, Inc. | $7M | 4.3% | +45.5% | 6.0 yr |
| ZETAZeta Global Holdings Cor | $7M | 4.2% | +17.4% | 5.0 yr |
| PRMBPrimo Brands Corporation | $6M | 3.3% | -45.9% | 1.8 yr |
| — | $6M | 3.3% | — | 3.0 yr |
| RRRRed Rock Resorts, Inc. | $6M | 3.2% | +29.9% | 6.0 yr |
| FLSFlowserve Corporation | $6M | 3.2% | +52.2% | 0.8 yr |
| NCLHNorwegian Cruise Line Ho | $5M | 3.0% | -1.4% | 6.0 yr |
| HLNEHamilton Lane Incorporat | $5M | 2.8% | -32.0% | 6.5 yr |
| FIVEFive Below, Inc. | $5M | 2.7% | +204.9% | 6.5 yr |
| CAVACAVA Group, Inc. | $4M | 2.6% | -6.4% | 0.8 yr |
| FROGJFrog Ltd. | $4M | 2.3% | +46.7% | 5.8 yr |
| VVXV2X, Inc. | $4M | 2.3% | +39.7% | 1.5 yr |
| CDNACareDx, Inc | $4M | 2.2% | -2.2% | 6.0 yr |
| FOXFFox Factory Holding Corp | $4M | 2.1% | -29.5% | 1.3 yr |
Portfolio composition (YoY)
Industry mix
Software - Application18.1%-7.1pp$31M
Software - Infrastructure9.9%-0.6pp$17M
Restaurants5.7%+0.9pp$10M
Medical - Diagnostics & Research5.1%+2.3pp$9M
Medical - Devices4.4%-1.3pp$8M
Waste Management4.3%+1.5pp$7M
Auto - Parts4.0%+3.5pp$7M
Discount Stores4.0%-0.8pp$7M
Aerospace & Defense3.8%+1.5pp$7M
Industrial - Distribution3.6%+3.4pp$6M
Country
US95.5%+2.4pp
Unknown3.3%-2.9pp
SG0.9%
IL0.3%-0.4pp
Top 5: 20.0% · Top 10: 34.9% · Top 25: 64.9%
Top buys this quarter · 15
| MOD Modine Manufacturing Companynew | +$3M |
| GH Guardant Health, Inc. | +$3M |
| UMBF UMB Financial Corporationnew | +$3M |
| OMCL Omnicell, Inc. | +$2M |
| MIAX Miami International Holdings, | +$2M |
| FSS Federal Signal Corporation | +$1M |
| QXO QXO, Inc. | +$1M |
| AVAV AeroVironment, Inc. | +$1M |
| AIT Applied Industrial Technologie | +$1M |
| INSP Inspire Medical Systems, Inc. | +$3M |
Top sells this quarter · 10
| CWAN Clearwater Analytics Holdings,exit | −$5M |
| FIVE Five Below, Inc. | −$1M |
| NCLH Norwegian Cruise Line Holdings | −$1M |
| VERX Vertex, Inc.exit | −$1M |
| ACVA ACV Auctions Inc. | −$1M |
| FLS Flowserve Corporation | −$1M |
| SPT Sprout Social, Inc. | −$1M |
| HLNE Hamilton Lane Incorporated | −$0M |
| CDNA CareDx, Inc | −$0M |
| — | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $173M | 59 | -6.32% | +17.59% | -23.91% | +0.01B |
| 2025-12-31 | $186M | 58 | -8.84% | +17.72% | -26.56% | -0.00B |
| 2025-09-30 | $191M | 62 | -7.18% | +17.52% | -24.69% | -0.00B |
| 2025-06-30 | $201M | 65 | +7.24% | +14.94% | -7.70% | -0.01B |
| 2025-03-31 | $185M | 60 | -6.09% | +8.30% | -14.39% | +0.00B |
| 2024-12-31 | $213M | 61 | +13.72% | +24.89% | -11.16% | -0.00B |
| 2024-09-30 | $217M | 62 | +33.61% | +36.04% | -2.42% | -0.01B |
| 2024-06-30 | $204M | 60 | +9.13% | +24.49% | -15.36% | -0.01B |
| 2024-03-31 | $213M | 66 | +15.50% | +29.62% | -14.13% | -0.01B |
| 2023-12-31 | $209M | 70 | +24.16% | +26.18% | -2.02% | -0.00B |
| 2023-09-30 | $179M | 73 | +12.41% | +21.57% | -9.15% | +0.00B |
| 2023-06-30 | $199M | 70 | +24.46% | +19.42% | +5.04% | -0.01B |
| 2023-03-31 | $196M | 73 | -9.04% | -7.82% | -1.22% | -0.01B |
| 2022-12-31 | $185M | 81 | +6.60% | +7.56% | -0.96% | +0.00B |
| 2022-09-30 | $172M | 84 | -0.38% | -4.93% | +4.55% | -0.00B |
| 2022-06-30 | $177M | 90 | -23.83% | -16.11% | -7.72% | +0.01B |