Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+9.11%
adds when stocks drop
when a holding falls −10%+
Middle response
+9.32%
steady accumulation
Rally response
+10.92%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $2.54B | 2.9% | +14.7% | 2.5 yr |
| NVDANVIDIA Corporation | $2.12B | 2.4% | +60.9% | 2.5 yr |
| MSFTMicrosoft Corporation | $1.97B | 2.2% | -0.6% | 2.5 yr |
| XLKState Street Technology | $1.73B | 1.9% | — | 2.5 yr |
| DFACDimensional - US Core Eq | $1.66B | 1.9% | — | 2.5 yr |
| AMZNAmazon.com, Inc. | $1.60B | 1.8% | +9.5% | 2.5 yr |
| VOOVanguard S&P 500 ETF | $1.60B | 1.8% | — | 2.5 yr |
| SPYState Street SPDR S&P 50 | $1.47B | 1.6% | +17.6% | 2.5 yr |
| IVViShares Core S&P 500 ETF | $1.44B | 1.6% | — | 2.5 yr |
| GOOGLAlphabet Inc. | $1.39B | 1.6% | — | 2.5 yr |
| GOOGAlphabet Inc. | $1.20B | 1.3% | +84.3% | 2.5 yr |
| EQTYKovitz Core Equity ETF | $1.14B | 1.3% | — | 1.8 yr |
| AVGOBroadcom Inc. | $998M | 1.1% | +86.0% | 2.3 yr |
| ITOTiShares Core S&P Total U | $954M | 1.1% | — | 2.5 yr |
| BSVOEA Bridgeway Omni Small- | $945M | 1.1% | — | 1.8 yr |
Portfolio composition (YoY)
Industry mix
Asset Management48.4%-2.8pp$43.09B
Semiconductors6.2%+3.5pp$5.51B
Internet Content & Information3.7%+0.9pp$3.32B
Consumer Electronics2.9%-0.3pp$2.55B
Software - Infrastructure2.7%-0.6pp$2.43B
Asset Management - Bonds2.1%-0.6pp$1.90B
Specialty Retail2.0%-0.2pp$1.78B
Banks - Diversified1.6%-0.4pp$1.44B
Drug Manufacturers - General1.6%-0.2pp$1.38B
Financial - Credit Services1.4%-0.0pp$1.22B
Country
US97.2%-0.2pp
IE0.8%+0.1pp
CA0.4%-0.2pp
GB0.3%+0.0pp
Unknown0.3%+0.0pp
CH0.2%+0.2pp
NL0.2%-0.0pp
SG0.1%+0.1pp
Top 5: 11.2% · Top 10: 19.7% · Top 25: 34.4%
Top buys this quarter · 15
| MSFT Microsoft Corporation | +$1.97B |
| VRSK Verisk Analytics, Inc. | +$268M |
| V Visa Inc. | +$212M |
| APO Apollo Global Management, Inc. | +$206M |
| AVGO Broadcom Inc. | +$189M |
| AMZN Amazon.com, Inc. | +$164M |
| AMD Advanced Micro Devices, Inc. | +$159M |
| AJG Arthur J. Gallagher & Co. | +$159M |
| PH Parker-Hannifin Corporation | +$156M |
| BX Blackstone Inc. | +$136M |
Top sells this quarter · 15
| SPY State Street SPDR S&P 500 ETF | −$276M |
| DE Deere & Company | −$54M |
| GOOG Alphabet Inc. | −$53M |
| DLTR Dollar Tree, Inc. | −$51M |
| NU Nu Holdings Ltd. | −$48M |
| CAT Caterpillar Inc. | −$227M |
| GLW Corning Incorporated | −$94M |
| STX Seagate Technology Holdings pl | −$90M |
| AXP American Express Company | −$30M |
| AMAT Applied Materials, Inc. | −$143M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $89.03B | 2595 | +15.31% | +17.59% | -2.28% | +5.16B |
| 2025-12-31 | $87.15B | 2605 | +15.67% | +17.72% | -2.05% | +24.11B |
| 2025-09-30 | $61.55B | 2131 | +15.19% | +17.52% | -2.33% | +12.00B |
| 2025-06-30 | $45.99B | 2015 | +13.30% | +14.94% | -1.64% | +2.82B |
| 2025-03-31 | $39.75B | 1890 | +5.96% | +8.30% | -2.34% | +2.76B |
| 2024-12-31 | $38.32B | 1842 | +19.00% | +24.89% | -5.89% | +7.78B |
| 2024-09-30 | $29.95B | 1512 | +5.98% | +5.75% | +0.23% | -1.53B |
| 2024-06-30 | $29.70B | 1233 | +1.55% | +4.38% | -2.83% | +17.19B |
| 2024-03-31 | $12.32B | 980 | +8.41% | +10.39% | -1.98% | +4.04B |
| 2023-12-31 | $7.63B | 773 | — | — | — | — |