Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+2.95%
adds when stocks drop
when a holding falls −10%+
Middle response
-0.77%
baseline attrition
Rally response
-8.13%
trims into rallies
when a holding rises +10%+
Top positions · 8
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| LINDLindblad Expeditions Hol | $28M | 34.4% | +86.6% | 0.3 yr |
| — | $24M | 29.0% | — | 2.8 yr |
| XPOFXponential Fitness, Inc. | $10M | 12.1% | -27.7% | 4.0 yr |
| RNWReNew Energy Global Plc | $10M | 11.6% | -22.2% | 4.5 yr |
| EEXEmerald Holding, Inc. | $6M | 7.7% | +15.6% | 1.5 yr |
| — | $3M | 3.7% | — | 3.3 yr |
| TTANServiceTitan, Inc. | $1M | 1.4% | -33.3% | 1.5 yr |
| TLSITriSalus Life Sciences, | $0M | 0.2% | -27.5% | 1.8 yr |
Portfolio composition (YoY)
Industry mix
Travel Services34.4%$28M
Unknown32.6%-27.8pp$27M
Leisure12.1%+1.9pp$10M
Renewable Utilities11.6%+2.5pp$10M
Advertising Agencies7.7%+4.6pp$6M
Software - Application1.4%+0.1pp$1M
Medical - Devices0.2%+0.0pp$0M
Country
US55.8%+25.3pp
Unknown32.6%-27.8pp
GB11.6%+2.5pp
Top 5: 94.7% · Top 10: 100.0% · Top 25: 100.0%
Top buys this quarter · 1
| LIND Lindblad Expeditions Holdings,new | +$28M |
Top sells this quarter · 0
No sells this quarter
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $82M | 8 | -11.09% | +17.59% | -28.68% | -0.02B |
| 2025-12-31 | $109M | 7 | -21.14% | +17.72% | -38.85% | -0.03B |
| 2025-09-30 | $151M | 7 | -7.90% | +17.52% | -25.41% | -0.03B |
| 2025-06-30 | $172M | 7 | +6.24% | +14.94% | -8.70% | +0.03B |
| 2025-03-31 | $134M | 9 | -16.77% | +8.30% | -25.07% | +0.02B |
| 2024-12-31 | $142M | 9 | +16.20% | +24.89% | -8.69% | -0.02B |
| 2024-09-30 | $154M | 16 | +9.16% | +36.04% | -26.88% | -1.10B |
| 2024-06-30 | $1.02B | 17 | -3.40% | +24.49% | -27.89% | +0.01B |
| 2024-03-31 | $1.24B | 17 | +29.88% | +29.62% | +0.26% | -0.02B |
| 2023-12-31 | $1.13B | 38 | +41.66% | +26.18% | +15.48% | -0.04B |
| 2023-09-30 | $1.19B | 66 | +49.00% | +21.57% | +27.43% | +0.05B |
| 2023-06-30 | $1.04B | 66 | -10.60% | +19.42% | -30.03% | -0.00B |
| 2023-03-31 | $960M | 67 | -31.17% | -7.82% | -23.35% | -0.04B |
| 2022-12-31 | $822M | 72 | +2.70% | +7.56% | -4.87% | -0.04B |
| 2022-09-30 | $844M | 78 | -34.67% | -4.93% | -29.74% | -0.01B |
| 2022-06-30 | $1.30B | 85 | -15.96% | -16.11% | +0.15% | -0.05B |