Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-0.54%
trims when stocks drop
when a holding falls −10%+
Middle response
-1.82%
baseline attrition
Rally response
-14.06%
trims into rallies
when a holding rises +10%+
Top positions · 13
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AXSMAxsome Therapeutics, Inc | $110M | 58.9% | +44.9% | 8.5 yr |
| BILState Street SPDR Bloomb | $59M | 31.5% | — | 7.0 yr |
| KURAKura Oncology, Inc. | $12M | 6.7% | +23.2% | 9.3 yr |
| TLTiShares 20+ Year Treasur | $2M | 1.1% | — | 5.3 yr |
| TEMTempus AI, Inc. | $1M | 0.8% | -6.3% | 0.5 yr |
| RNAAtrium Therapeutics, Inc | $1M | 0.3% | — | 0.3 yr |
| WFCWells Fargo & Company | $0M | 0.3% | +13.3% | 1.0 yr |
| HEDJWisdomTree Europe Hedged | $0M | 0.2% | — | 6.3 yr |
| GPKGraphic Packaging Holdin | $0M | 0.1% | -60.6% | 0.3 yr |
| SPYState Street SPDR S&P 50 | $0M | 0.1% | +17.6% | 3.0 yr |
| IMRXImmuneering Corporation | $0M | 0.1% | +246.7% | 1.0 yr |
| TGBTaseko Mines Limited | $0M | 0.0% | +187.9% | 1.5 yr |
| LPROOpen Lending Corporation | $0M | 0.0% | -54.7% | 5.3 yr |
Portfolio composition (YoY)
Industry mix
Biotechnology66.0%-4.8pp$123M
Asset Management31.8%+4.3pp$59M
Asset Management - Bonds1.1%-0.6pp$2M
Medical - Healthcare Information Services0.8%$1M
Banks - Diversified0.3%$0M
Packaging & Containers0.1%$0M
Copper0.0%+0.0pp$0M
Financial - Credit Services0.0%-0.0pp$0M
Country
US100.0%-0.0pp
CA0.0%+0.0pp
Top 5: 99.0% · Top 10: 99.9% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| AXSM | $78M | +0.03B | 44.9% |
| SPY | $8M | +0.00B | 17.6% |
| KURA | $4M | +0.00B | 23.2% |
| TGB | $0M | +0.00B | 187.9% |
| LPRO | $0M | -0.00B | -54.7% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| LPRO | $0M | -0.00B | -54.7% |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $186M | 13 | +42.61% | +17.59% | +25.01% | -0.00B |
| 2025-12-31 | $206M | 13 | +105.70% | +17.72% | +87.98% | -0.01B |
| 2025-09-30 | $155M | 33 | +31.56% | +17.52% | +14.05% | -0.00B |
| 2025-06-30 | $132M | 31 | +22.67% | +14.94% | +7.73% | +0.00B |
| 2025-03-31 | $134M | 11 | +32.01% | +8.30% | +23.70% | -0.02B |
| 2024-12-31 | $117M | 30 | +4.41% | +24.89% | -20.48% | -0.01B |
| 2024-09-30 | $138M | 30 | +28.38% | +36.04% | -7.66% | -0.01B |
| 2024-06-30 | $132M | 31 | +9.39% | +24.49% | -15.11% | +0.01B |
| 2024-03-31 | $123M | 32 | +17.52% | +29.62% | -12.10% | +0.03B |
| 2023-12-31 | $87M | 35 | -5.45% | +26.18% | -31.62% | -0.00B |
| 2023-09-30 | $81M | 51 | +28.18% | +21.57% | +6.62% | -0.01B |
| 2023-06-30 | $94M | 51 | +42.92% | +19.42% | +23.49% | -0.01B |
| 2023-03-31 | $95M | 58 | +22.21% | -7.82% | +30.03% | +0.01B |
| 2022-12-31 | $104M | 43 | +48.65% | +7.56% | +41.09% | -0.01B |
| 2022-09-30 | $79M | 58 | +4.21% | -4.93% | +9.13% | -0.00B |
| 2022-06-30 | $80M | 64 | -6.17% | -16.11% | +9.94% | -0.02B |