Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.36%
trims when stocks drop
when a holding falls −10%+
Middle response
+3.74%
steady accumulation
Rally response
+0.99%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AVDVAvantis International Sm | $263M | 14.2% | — | 3.5 yr |
| SCHBSchwab U.S. Broad Market | $116M | 6.2% | — | 10.5 yr |
| VTVVanguard Value ETF | $107M | 5.8% | — | 5.0 yr |
| IJHiShares Core S&P Mid-Cap | $95M | 5.1% | — | 9.5 yr |
| IWMiShares Russell 2000 ETF | $88M | 4.7% | — | 10.5 yr |
| IVViShares Core S&P 500 ETF | $88M | 4.7% | — | 10.5 yr |
| IJRiShares Core S&P Small-C | $83M | 4.5% | — | 10.5 yr |
| UPSUnited Parcel Service, I | $77M | 4.2% | -4.4% | 10.5 yr |
| BRK-ABerkshire Hathaway Inc. | $67M | 3.6% | — | 1.3 yr |
| SEZLSezzle Inc. | $56M | 3.0% | +81.4% | 0.5 yr |
| EFAiShares MSCI EAFE ETF | $56M | 3.0% | — | 10.5 yr |
| AAPLApple Inc. | $54M | 2.9% | +14.7% | 10.5 yr |
| AMZNAmazon.com, Inc. | $46M | 2.5% | +9.5% | 9.0 yr |
| SPYVState Street SPDR Portfo | $41M | 2.2% | — | 7.8 yr |
| IWFiShares Russell 1000 Gro | $39M | 2.1% | — | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management69.2%+1.1pp$1.28B
Integrated Freight & Logistics5.4%-0.7pp$100M
Insurance - Diversified5.1%-0.7pp$94M
Financial - Credit Services3.3%+3.0pp$61M
Consumer Electronics2.9%-0.2pp$54M
Specialty Retail2.5%-0.5pp$47M
Electronic Gaming & Multimedia1.1%-2.3pp$21M
Internet Content & Information1.1%+0.5pp$20M
Software - Infrastructure1.0%-0.1pp$19M
Semiconductors1.0%+0.3pp$18M
Country
US99.6%-0.0pp
IE0.2%-0.1pp
CA0.1%+0.0pp
TW0.1%+0.0pp
Unknown0.0%+0.0pp
GB0.0%
CN0.0%-0.0pp
IL0.0%
Top 5: 36.1% · Top 10: 56.1% · Top 25: 80.0%
Top buys this quarter · 15
| CHRW C.H. Robinson Worldwide, Inc. | +$4M |
| LH Labcorp Holdings Inc.new | +$3M |
| META Meta Platforms, Inc. | +$1M |
| SHOP Shopify Inc. | +$0M |
| WMS Advanced Drainage Systems, Incnew | +$0M |
| GE GE Aerospace | +$0M |
| MRVL Marvell Technology, Inc.new | +$0M |
| PFG Principal Financial Group, Incnew | +$0M |
| LLY Eli Lilly and Company | +$4M |
| VRT Vertiv Holdings Conew | +$0M |
Top sells this quarter · 15
| AAPL Apple Inc. | −$3M |
| SEZL Sezzle Inc. | −$2M |
| AMZN Amazon.com, Inc. | −$1M |
| LRCX Lam Research Corporationexit | −$1M |
| SPY State Street SPDR S&P 500 ETF | −$1M |
| ATO Atmos Energy Corporationexit | −$1M |
| HON Honeywell International Inc.exit | −$1M |
| CL Colgate-Palmolive Company | −$1M |
| H Hyatt Hotels Corporation | −$1M |
| HLI Houlihan Lokey, Inc. | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.86B | 281 | +15.08% | +17.59% | -2.51% | +0.09B |
| 2025-12-31 | $1.88B | 284 | +14.38% | +17.72% | -3.34% | +0.09B |
| 2025-09-30 | $1.79B | 264 | +21.43% | +17.52% | +3.91% | -0.03B |
| 2025-06-30 | $1.69B | 239 | +19.62% | +14.94% | +4.68% | -0.14B |
| 2025-03-31 | $1.61B | 238 | +6.38% | +8.30% | -1.92% | +0.02B |
| 2024-12-31 | $1.71B | 228 | +10.67% | +24.89% | -14.21% | -0.15B |
| 2024-09-30 | $1.75B | 236 | +17.64% | +36.04% | -18.39% | +0.04B |
| 2024-06-30 | $1.60B | 220 | -1.91% | +24.49% | -26.41% | +0.03B |
| 2024-03-31 | $1.56B | 210 | -2.82% | +29.62% | -32.44% | +0.19B |
| 2023-12-31 | $1.41B | 195 | +17.54% | +26.18% | -8.64% | -0.09B |
| 2023-09-30 | $1.33B | 192 | -1.25% | +21.57% | -22.82% | +0.09B |
| 2023-06-30 | $1.40B | 190 | +11.23% | +19.42% | -8.19% | +0.08B |
| 2023-03-31 | $1.32B | 189 | -9.42% | -7.82% | -1.61% | -0.07B |
| 2022-12-31 | $1.18B | 185 | -26.41% | -18.17% | -8.23% | +0.37B |
| 2022-09-30 | $862M | 171 | -13.72% | -15.51% | +1.79% | +0.02B |
| 2022-06-30 | $843M | 174 | -13.20% | -10.62% | -2.58% | -0.06B |