Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+16.51%
adds when stocks drop
when a holding falls −10%+
Middle response
-12.81%
baseline attrition
Rally response
-36.90%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| METAMeta Platforms, Inc. | $80M | 4.9% | -0.4% | 4.8 yr |
| AMZNAmazon.com, Inc. | $62M | 3.8% | +9.5% | 5.3 yr |
| NVDANVIDIA Corporation | $60M | 3.6% | +60.9% | 5.3 yr |
| MSFTMicrosoft Corporation | $53M | 3.2% | -0.6% | 5.3 yr |
| AMDAdvanced Micro Devices, | $50M | 3.0% | +98.0% | 5.5 yr |
| AAPLApple Inc. | $50M | 3.0% | +14.7% | 5.3 yr |
| TSMTaiwan Semiconductor Man | $48M | 2.9% | +105.6% | 5.3 yr |
| MUMicron Technology, Inc. | $45M | 2.8% | +289.6% | 5.3 yr |
| GOOGLAlphabet Inc. | $44M | 2.7% | — | 5.5 yr |
| BABAAlibaba Group Holding Li | $38M | 2.3% | -3.5% | 5.3 yr |
| AVGOBroadcom Inc. | $37M | 2.3% | +86.0% | 5.5 yr |
| ORCLOracle Corporation | $26M | 1.6% | +5.9% | 4.3 yr |
| COINCoinbase Global, Inc. | $22M | 1.3% | +1.4% | 5.0 yr |
| ADBEAdobe Inc. | $21M | 1.3% | -36.6% | 5.5 yr |
| INTCIntel Corporation | $20M | 1.2% | +94.3% | 5.0 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors17.7%+0.7pp$291M
Internet Content & Information8.8%+0.2pp$144M
Software - Infrastructure8.5%+1.5pp$140M
Specialty Retail8.1%+2.8pp$134M
Software - Application5.3%-0.6pp$87M
Consumer Electronics3.1%+1.8pp$51M
Aerospace & Defense2.6%+0.5pp$43M
Drug Manufacturers - General2.3%-1.3pp$37M
Auto - Manufacturers2.2%-1.4pp$36M
Packaged Foods1.9%+1.3pp$32M
Country
US86.7%-3.6pp
CN3.5%+1.7pp
TW3.0%+0.8pp
CA2.8%+1.4pp
IE0.7%+0.4pp
IN0.6%+0.0pp
SG0.5%+0.2pp
UY0.4%+0.2pp
Top 5: 18.5% · Top 10: 32.2% · Top 25: 49.2%
Top buys this quarter · 15
| MSFT Microsoft Corporation | +$35M |
| ORCL Oracle Corporation | +$20M |
| BABA Alibaba Group Holding Limited | +$18M |
| TSM Taiwan Semiconductor Manufactu | +$13M |
| NOW ServiceNow, Inc. | +$13M |
| BE Bloom Energy Corporation | +$12M |
| MKC McCormick & Company, Incorpora | +$12M |
| INTC Intel Corporation | +$11M |
| KKR KKR & Co. Inc. | +$10M |
| CRWV CoreWeave, Inc. Class A Common | +$10M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.65B | 1186 | +28.43% | +17.59% | +10.84% | -0.13B |
| 2025-12-31 | $1.87B | 1293 | +29.22% | +17.72% | +11.51% | -0.07B |
| 2025-09-30 | $1.87B | 1207 | +28.42% | +17.52% | +10.91% | -0.00B |
| 2025-06-30 | $1.70B | 1178 | +24.74% | +14.94% | +9.80% | +0.15B |
| 2025-03-31 | $1.31B | 1137 | +5.33% | +8.30% | -2.97% | +0.34B |
| 2024-12-31 | $1.02B | 1161 | +14.69% | +24.89% | -10.19% | +0.14B |
| 2024-09-30 | $849M | 1119 | +26.62% | +36.04% | -9.42% | +0.08B |
| 2024-06-30 | $717M | 1115 | +12.73% | +24.49% | -11.76% | -0.02B |
| 2024-03-31 | $741M | 1102 | +37.18% | +29.62% | +7.56% | -0.07B |
| 2023-12-31 | $778M | 1073 | +57.57% | +26.18% | +31.39% | -0.30B |
| 2023-09-30 | $949M | 1096 | +45.94% | +21.57% | +24.37% | +0.02B |
| 2023-06-30 | $981M | 1134 | +43.14% | +19.42% | +23.71% | -0.34B |
| 2023-03-31 | $1.08B | 1129 | -8.34% | -7.82% | -0.52% | -1.18B |
| 2022-12-31 | $1.89B | 1184 | +5.15% | +7.56% | -2.41% | -0.13B |
| 2022-09-30 | $1.92B | 1187 | -6.76% | -4.93% | -1.83% | -0.05B |
| 2022-06-30 | $2.12B | 1184 | -22.10% | -16.11% | -5.99% | +0.34B |