Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.54%
trims when stocks drop
when a holding falls −10%+
Middle response
+3.45%
steady accumulation
Rally response
+4.69%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $218M | 3.5% | +14.7% | 10.3 yr |
| NVDANVIDIA Corporation | $195M | 3.2% | +60.9% | 9.5 yr |
| MSFTMicrosoft Corporation | $108M | 1.7% | -0.6% | 10.3 yr |
| AMZNAmazon.com, Inc. | $95M | 1.5% | +9.5% | 10.5 yr |
| GOOGLAlphabet Inc. | $82M | 1.3% | — | 10.5 yr |
| QQQInvesco QQQ Trust, Serie | $81M | 1.3% | — | 7.5 yr |
| RDVYFirst Trust Rising Divid | $80M | 1.3% | — | 7.0 yr |
| XOMExxon Mobil Corporation | $70M | 1.1% | +47.6% | 10.0 yr |
| JPMJPMorgan Chase & Co. | $68M | 1.1% | +21.8% | 10.3 yr |
| HONHoneywell International | $68M | 1.1% | +9.0% | 9.0 yr |
| GOOGAlphabet Inc. | $68M | 1.1% | +84.3% | 10.3 yr |
| CATCaterpillar Inc. | $68M | 1.1% | +117.8% | 10.0 yr |
| AVGOBroadcom Inc. | $68M | 1.1% | +86.0% | 8.0 yr |
| BRK-BBerkshire Hathaway Inc. | $67M | 1.1% | — | 10.3 yr |
| SPYState Street SPDR S&P 50 | $61M | 1.0% | +17.6% | 10.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management38.7%-2.9pp$2.39B
Semiconductors7.5%+2.4pp$465M
Consumer Electronics3.5%-0.5pp$218M
Internet Content & Information3.3%+1.1pp$202M
Software - Infrastructure3.1%+0.1pp$194M
Asset Management - Bonds2.7%-1.1pp$167M
Drug Manufacturers - General2.7%+0.2pp$166M
Asset Management - Income2.4%-0.6pp$152M
Banks - Diversified2.1%+0.1pp$131M
Oil & Gas Integrated2.0%-0.2pp$124M
Country
US94.8%-1.1pp
CA1.4%+0.6pp
GB1.1%+0.4pp
Unknown0.6%+0.2pp
IE0.5%-0.2pp
CH0.2%-0.0pp
NL0.2%+0.1pp
TW0.2%-0.0pp
Top 5: 11.3% · Top 10: 17.2% · Top 25: 30.3%
Top buys this quarter · 15
| JNJ Johnson & Johnson | +$20M |
| NFLX Netflix, Inc. | +$19M |
| AZN AstraZeneca PLCnew | +$11M |
| ADI Analog Devices, Inc. | +$10M |
| ROST Ross Stores, Inc. | +$10M |
| WDC Western Digital Corporation | +$8M |
| STX Seagate Technology Holdings pl | +$7M |
| AMAT Applied Materials, Inc. | +$6M |
| MSFT Microsoft Corporation | +$108M |
| ASML ASML Holding N.V. | +$6M |
Top sells this quarter · 15
| IBM International Business Machine | −$12M |
| NVDA NVIDIA Corporation | −$8M |
| APP AppLovin Corporation | −$6M |
| LLY Eli Lilly and Company | −$6M |
| AMD Advanced Micro Devices, Inc. | −$6M |
| ADM Archer-Daniels-Midland Company | −$5M |
| TTWO Take-Two Interactive Software,exit | −$5M |
| CRWD CrowdStrike Holdings, Inc. | −$5M |
| OXY Occidental Petroleum Corporati | −$5M |
| NVO Novo Nordisk A/S | −$5M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $6.19B | 1413 | +21.80% | +17.59% | +4.20% | +0.20B |
| 2025-12-31 | $6.08B | 1354 | +18.11% | +17.72% | +0.39% | +0.08B |
| 2025-09-30 | $5.85B | 1347 | +18.23% | +17.52% | +0.71% | +0.04B |
| 2025-06-30 | $5.35B | 1307 | +15.56% | +14.94% | +0.62% | +0.53B |
| 2025-03-31 | $4.34B | 1162 | +6.38% | +8.30% | -1.92% | +0.25B |
| 2024-12-31 | $4.28B | 1128 | +19.02% | +24.89% | -5.86% | +0.27B |
| 2024-09-30 | $3.91B | 1112 | +29.73% | +36.04% | -6.31% | +0.10B |
| 2024-06-30 | $3.59B | 1129 | +17.79% | +24.49% | -6.70% | +0.17B |
| 2024-03-31 | $3.35B | 1088 | +22.81% | +29.62% | -6.81% | +0.13B |
| 2023-12-31 | $3.02B | 1047 | +22.11% | +26.18% | -4.07% | +0.13B |
| 2023-09-30 | $2.58B | 1002 | +16.56% | +21.57% | -5.01% | +0.07B |
| 2023-06-30 | $2.61B | 1001 | +16.02% | +19.42% | -3.41% | +0.02B |
| 2023-03-31 | $2.43B | 953 | -7.74% | -7.82% | +0.08% | +0.31B |
| 2022-12-31 | $1.99B | 887 | -17.25% | -18.17% | +0.93% | -0.05B |
| 2022-09-30 | $1.91B | 827 | -13.93% | -15.51% | +1.57% | +0.04B |
| 2022-06-30 | $1.95B | 1609 | -9.76% | -10.62% | +0.86% | -0.06B |