Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.62%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.28%
steady accumulation
Rally response
-2.20%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AFLAflac Incorporated | $71M | 8.3% | +0.8% | 10.5 yr |
| MPCMarathon Petroleum Corpo | $41M | 4.8% | +71.2% | 9.5 yr |
| AAPLApple Inc. | $36M | 4.2% | +14.7% | 10.5 yr |
| AXPAmerican Express Company | $35M | 4.1% | +13.3% | 10.5 yr |
| ANAutoNation, Inc. | $32M | 3.8% | +20.6% | 4.8 yr |
| SCHWThe Charles Schwab Corpo | $31M | 3.7% | +21.5% | 9.8 yr |
| DVNDevon Energy Corporation | $30M | 3.5% | +38.1% | 6.0 yr |
| ASOAcademy Sports and Outdo | $30M | 3.5% | +25.1% | 1.5 yr |
| JNJJohnson & Johnson | $29M | 3.3% | +51.5% | 10.5 yr |
| MSFTMicrosoft Corporation | $26M | 3.0% | -0.6% | 10.5 yr |
| AMGNAmgen Inc. | $25M | 2.9% | +16.5% | 10.0 yr |
| QCOMQUALCOMM Incorporated | $23M | 2.8% | -14.2% | 10.5 yr |
| NFLXNetflix, Inc. | $23M | 2.6% | +3.1% | 4.3 yr |
| LOWLowe's Companies, Inc. | $22M | 2.5% | +3.4% | 8.8 yr |
| AMPAmeriprise Financial, In | $21M | 2.4% | -7.0% | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Insurance - Life8.3%+0.6pp$71M
Drug Manufacturers - General8.1%+0.4pp$69M
Specialty Retail8.1%+1.2pp$69M
Financial - Credit Services6.9%-0.8pp$59M
Oil & Gas Refining & Marketing4.8%+1.5pp$41M
Consumer Electronics4.2%-0.1pp$36M
Home Improvement3.9%-0.6pp$33M
Asset Management3.9%-0.2pp$33M
Auto - Dealerships3.8%+0.4pp$32M
Oil & Gas Exploration & Production3.7%+1.1pp$32M
Country
US98.3%-0.8pp
CA1.3%+0.6pp
GB0.1%+0.1pp
Unknown0.1%+0.1pp
IE0.0%+0.0pp
Top 5: 25.2% · Top 10: 42.2% · Top 25: 72.9%
Top buys this quarter · 15
| AFL Aflac Incorporated | +$6M |
| PYPL PayPal Holdings, Inc. | +$19M |
| AXP American Express Company | +$35M |
| AMP Ameriprise Financial, Inc. | +$21M |
| BLDR Builders FirstSource, Inc. | +$2M |
| RH Rh | +$15M |
| JPM JPMorgan Chase & Co. | +$1M |
| KO The Coca-Cola Company | +$1M |
| AN AutoNation, Inc. | +$32M |
| QCOM QUALCOMM Incorporated | +$23M |
Top sells this quarter · 15
| WBD Warner Bros. Discovery, Inc.exit | −$2M |
| PDS Precision Drilling Corporation | −$9M |
| JNJ Johnson & Johnson | −$25M |
| NFLX Netflix, Inc. | −$22M |
| PCOR Procore Technologies, Inc.exit | −$0M |
| BBVA Banco Bilbao Vizcaya Argentariexit | −$0M |
| T AT&T Inc. | −$0M |
| WPM Wheaton Precious Metals Corp.exit | −$0M |
| GWW W.W. Grainger, Inc. | −$14M |
| MSFT Microsoft Corporation | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $854M | 145 | +10.40% | +17.59% | -7.19% | +0.02B |
| 2025-12-31 | $845M | 143 | +9.12% | +17.72% | -8.60% | +0.00B |
| 2025-09-30 | $834M | 149 | +6.79% | +17.52% | -10.73% | -0.01B |
| 2025-06-30 | $797M | 145 | +7.75% | +14.94% | -7.20% | +0.03B |
| 2025-03-31 | $733M | 141 | -0.08% | +8.30% | -8.39% | +0.02B |
| 2024-12-31 | $734M | 140 | +12.14% | +24.89% | -12.75% | +0.01B |
| 2024-09-30 | $737M | 134 | +28.61% | +36.04% | -7.43% | +0.00B |
| 2024-06-30 | $686M | 127 | +17.64% | +24.49% | -6.85% | +0.00B |
| 2024-03-31 | $704M | 127 | +24.61% | +29.62% | -5.02% | +0.01B |
| 2023-12-31 | $638M | 127 | +18.76% | +26.18% | -7.42% | -0.00B |
| 2023-09-30 | $566M | 126 | +14.72% | +21.57% | -6.84% | -0.02B |
| 2023-06-30 | $594M | 131 | +14.53% | +19.42% | -4.90% | +0.02B |
| 2023-03-31 | $561M | 129 | -5.87% | -7.82% | +1.95% | -0.01B |
| 2022-12-31 | $547M | 118 | +9.27% | +7.56% | +1.71% | -0.02B |
| 2022-09-30 | $518M | 121 | -2.14% | -4.93% | +2.79% | +0.01B |
| 2022-06-30 | $521M | 127 | -15.34% | -16.11% | +0.77% | +0.01B |