Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-6.03%
trims when stocks drop
when a holding falls −10%+
Middle response
-5.29%
baseline attrition
Rally response
-27.04%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VOOVanguard S&P 500 ETF | $18M | 35.1% | — | 0.5 yr |
| QQQInvesco QQQ Trust, Serie | $2M | 3.5% | — | 1.0 yr |
| PPHVanEck Pharmaceutical ET | $2M | 3.2% | — | 0.3 yr |
| NVDANVIDIA Corporation | $2M | 3.1% | +60.9% | 2.0 yr |
| AAPLApple Inc. | $2M | 3.0% | +14.7% | 3.3 yr |
| SOXXiShares Semiconductor ET | $1M | 2.1% | — | 0.3 yr |
| DUOLDuolingo, Inc. | $1M | 1.9% | -68.3% | 0.3 yr |
| DIAState Street SPDR Dow Jo | $1M | 1.9% | — | 0.8 yr |
| TLTiShares 20+ Year Treasur | $1M | 1.7% | — | 4.0 yr |
| EVRGEvergy, Inc. | $1M | 1.6% | +23.3% | 0.3 yr |
| CHTRCharter Communications, | $1M | 1.6% | -41.4% | 0.5 yr |
| MDYState Street SPDR S&P MI | $1M | 1.5% | — | 0.8 yr |
| METAMeta Platforms, Inc. | $1M | 1.4% | -0.4% | 1.5 yr |
| ISRGIntuitive Surgical, Inc. | $1M | 1.4% | -6.9% | 0.8 yr |
| SNDKSandisk Corporation | $1M | 1.4% | +1234.5% | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management52.1%+31.2pp$26M
Semiconductors9.3%-10.0pp$5M
Biotechnology5.0%+4.5pp$3M
Unknown4.0%+1.0pp$2M
Consumer Electronics3.0%$2M
Software - Application2.6%+0.6pp$1M
Asset Management - Bonds2.1%-2.6pp$1M
Telecommunications Services2.0%$1M
Medical - Devices1.9%+1.3pp$1M
Medical - Diagnostics & Research1.8%+0.5pp$1M
Country
US91.7%+6.2pp
Unknown4.0%+1.0pp
IE1.6%+1.0pp
IL1.2%
CN0.6%-0.2pp
DE0.5%
CA0.3%-0.5pp
CH0.2%
Top 5: 47.9% · Top 10: 57.1% · Top 25: 74.9%
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| AAPL Apple Inc. | +$1M |
| DUOL Duolingo, Inc.new | +$1M |
| EVRG Evergy, Inc.new | +$1M |
| CHTR Charter Communications, Inc. | +$1M |
| NVDA NVIDIA Corporation | +$1M |
| IONS Ionis Pharmaceuticals, Inc.new | +$1M |
| NVMI Nova Ltd.new | +$1M |
| META Meta Platforms, Inc. | +$0M |
| ISRG Intuitive Surgical, Inc. | +$0M |
| MAZE Maze Therapeutics, Inc.new | +$0M |
Top sells this quarter · 15
| SNDK Sandisk Corporation | −$0M |
| PNFP Pinnacle Financial Partners, Iexit | −$1M |
| NXPI NXP Semiconductors N.V.exit | −$1M |
| CME CME Group Inc. | −$1M |
| PEP PepsiCo, Inc.exit | −$1M |
| GOOG Alphabet Inc.exit | −$0M |
| ROKU Roku, Inc.exit | −$0M |
| AMZN Amazon.com, Inc.exit | −$0M |
| ICLR ICON Public Limited Company | −$0M |
| HON Honeywell International Inc.exit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $51M | 122 | +35.79% | +17.59% | +18.20% | +0.00B |
| 2025-12-31 | $49M | 87 | +33.18% | +17.72% | +15.46% | +0.00B |
| 2025-09-30 | $45M | 130 | +37.39% | +17.52% | +19.87% | -0.02B |
| 2025-06-30 | $61M | 140 | +33.75% | +14.94% | +18.81% | +0.01B |
| 2025-03-31 | $44M | 154 | +6.29% | +8.30% | -2.01% | -0.00B |
| 2024-12-31 | $46M | 142 | +30.41% | +24.89% | +5.52% | -0.03B |
| 2024-09-30 | $70M | 145 | +41.59% | +36.04% | +5.56% | -0.04B |
| 2024-06-30 | $103M | 169 | +33.36% | +24.49% | +8.87% | +0.01B |
| 2024-03-31 | $95M | 70 | +51.57% | +29.62% | +21.95% | +0.06B |
| 2023-12-31 | $27M | 68 | +35.74% | +26.18% | +9.57% | -0.04B |
| 2023-09-30 | $59M | 75 | +18.71% | +21.57% | -2.86% | +0.02B |
| 2023-06-30 | $41M | 57 | +6.87% | +19.42% | -12.55% | -0.02B |
| 2023-03-31 | $60M | 55 | -12.71% | -7.82% | -4.89% | +0.03B |
| 2022-12-31 | $23M | 77 | +2.56% | +7.56% | -5.00% | -0.01B |
| 2022-09-30 | $35M | 95 | -10.67% | -4.93% | -5.74% | -0.01B |
| 2022-06-30 | $54M | 138 | -13.26% | -16.11% | +2.85% | +0.02B |