Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-8.40%
trims when stocks drop
when a holding falls −10%+
Middle response
-6.49%
baseline attrition
Rally response
-6.99%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $56M | 3.4% | +14.7% | 10.5 yr |
| MSFTMicrosoft Corporation | $52M | 3.2% | -0.6% | 10.5 yr |
| GEVGE Vernova Inc. | $49M | 3.1% | +186.8% | 2.3 yr |
| GOOGAlphabet Inc. | $47M | 2.9% | +84.3% | 10.3 yr |
| NVDANVIDIA Corporation | $41M | 2.5% | +60.9% | 6.5 yr |
| AMZNAmazon.com, Inc. | $37M | 2.3% | +9.5% | 10.5 yr |
| GEGE Aerospace | $36M | 2.2% | +42.5% | 4.8 yr |
| ETNEaton Corporation plc | $31M | 1.9% | +33.2% | 5.3 yr |
| LLYEli Lilly and Company | $25M | 1.5% | +12.2% | 4.5 yr |
| ROKRockwell Automation, Inc | $24M | 1.5% | +41.0% | 10.5 yr |
| HUBBHubbell Incorporated | $24M | 1.5% | +50.1% | 10.5 yr |
| VVisa Inc. | $22M | 1.3% | -13.1% | 10.5 yr |
| WTFCWintrust Financial Corpo | $21M | 1.3% | +25.5% | 7.8 yr |
| DEDeere & Company | $21M | 1.3% | +21.2% | 7.0 yr |
| SPGIS&P Global Inc. | $19M | 1.2% | -15.6% | 10.0 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors7.0%+2.7pp$114M
Industrial - Machinery6.5%+1.4pp$104M
Software - Infrastructure5.2%+0.7pp$83M
Internet Content & Information4.5%+0.8pp$73M
Biotechnology4.5%-0.4pp$72M
Medical - Devices4.0%+0.2pp$65M
Aerospace & Defense4.0%+0.7pp$64M
Software - Application3.9%-1.3pp$63M
Banks - Regional3.6%+0.6pp$59M
Consumer Electronics3.4%+0.8pp$56M
Country
US93.6%+1.9pp
IE1.9%+0.5pp
CA1.1%-0.1pp
IL1.1%+0.2pp
Unknown0.9%-0.6pp
GB0.8%-0.8pp
CR0.5%+0.1pp
CH0.1%-0.5pp
Top 5: 15.1% · Top 10: 24.6% · Top 25: 41.7%
Top buys this quarter · 15
| LRN Stride, Inc.new | +$9M |
| BMI Badger Meter, Inc.new | +$9M |
| ESI Element Solutions Incnew | +$7M |
| CGNX Cognex Corporationnew | +$7M |
| ADPT Adaptive Biotechnologies Corpo | +$7M |
| DAL Delta Air Lines, Inc. | +$5M |
| AAPL Apple Inc. | +$5M |
| ESQ Esquire Financial Holdings, In | +$4M |
| APPF AppFolio, Inc. | +$4M |
| ODFL Old Dominion Freight Line, Inc | +$3M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.61B | 262 | +23.16% | +17.59% | +5.57% | -0.01B |
| 2025-12-31 | $1.68B | 243 | +16.05% | +17.72% | -1.67% | -0.16B |
| 2025-09-30 | $1.75B | 248 | +11.67% | +17.52% | -5.85% | -0.46B |
| 2025-06-30 | $2.05B | 255 | +10.50% | +14.94% | -4.44% | -0.16B |
| 2025-03-31 | $1.97B | 256 | -2.61% | +8.30% | -10.91% | -0.14B |
| 2024-12-31 | $2.31B | 260 | +13.97% | +24.89% | -10.92% | -0.04B |
| 2024-09-30 | $2.32B | 244 | +24.71% | +36.04% | -11.33% | -0.23B |
| 2024-06-30 | $2.39B | 251 | +12.02% | +24.49% | -12.47% | -0.21B |
| 2024-03-31 | $2.63B | 261 | +19.79% | +29.62% | -9.83% | -0.12B |
| 2023-12-31 | $2.57B | 261 | +18.98% | +26.18% | -7.20% | -0.07B |
| 2023-09-30 | $2.39B | 260 | +15.58% | +21.57% | -5.99% | +0.00B |
| 2023-06-30 | $2.49B | 258 | +16.47% | +19.42% | -2.96% | -0.02B |
| 2023-03-31 | $2.38B | 254 | -8.04% | -7.82% | -0.22% | -0.16B |
| 2022-12-31 | $2.39B | 258 | +7.49% | +7.56% | -0.07% | -0.06B |
| 2022-09-30 | $2.28B | 257 | -3.57% | -4.93% | +1.36% | +0.05B |
| 2022-06-30 | $2.30B | 259 | -16.38% | -16.11% | -0.26% | -0.11B |