Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-0.66%
trims when stocks drop
when a holding falls −10%+
Middle response
-0.58%
baseline attrition
Rally response
-3.09%
trims into rallies
when a holding rises +10%+
Top positions · 7
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| GRABGrab Holdings Limited | $1.96B | 54.4% | -19.2% | 1.5 yr |
| AURAurora Innovation, Inc. | $1.34B | 37.3% | -38.8% | 1.5 yr |
| LCIDLucid Group, Inc. | $131M | 3.6% | — | 0.8 yr |
| WRDWeRide Inc. | $91M | 2.5% | -40.4% | 0.3 yr |
| JOBYJoby Aviation, Inc. | $59M | 1.6% | +37.2% | 1.5 yr |
| SERVServe Robotics Inc. | $17M | 0.5% | +46.8% | 1.5 yr |
| MQMarqeta, Inc. | $1M | 0.0% | -1.0% | 1.0 yr |
Portfolio composition (YoY)
Industry mix
Software - Application54.4%+3.9pp$1.96B
Information Technology Services37.3%-8.4pp$1.34B
Auto - Manufacturers3.6%$131M
Software - Infrastructure2.5%$91M
Airlines, Airports & Air Services1.6%-1.6pp$59M
Industrial - Machinery0.5%-0.1pp$17M
Country
SG54.4%+3.9pp
US43.0%-6.4pp
CN2.5%
Top 5: 99.5% · Top 10: 100.0% · Top 25: 100.0%
Top buys this quarter · 1
| WRD WeRide Inc.new | +$91M |
Top sells this quarter · 0
No sells this quarter
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $3.60B | 7 | -26.99% | +17.59% | -44.58% | +0.09B |
| 2025-12-31 | $4.19B | 6 | -14.08% | +17.72% | -31.80% | +0.00B |
| 2025-09-30 | $5.45B | 6 | +14.92% | +8.12% | +6.80% | +0.06B |
| 2025-06-30 | $4.69B | 5 | -1.56% | +10.78% | -12.33% | -0.04B |
| 2025-03-31 | $4.80B | 4 | -1.17% | -4.27% | +3.10% | -0.00B |
| 2024-12-31 | $4.86B | 4 | — | — | — | — |