Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+2.80%
adds when stocks drop
when a holding falls −10%+
Middle response
+4.68%
steady accumulation
Rally response
+0.00%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VOOVanguard S&P 500 ETF | $183M | 4.2% | — | 10.5 yr |
| VOVanguard Mid-Cap ETF | $124M | 2.8% | — | 10.5 yr |
| NVDANVIDIA Corporation | $115M | 2.6% | +60.9% | 9.3 yr |
| DFUSDimensional - US Equity | $86M | 2.0% | — | 5.0 yr |
| AAPLApple Inc. | $82M | 1.9% | +14.7% | 10.5 yr |
| EPDEnterprise Products Part | $78M | 1.8% | +18.7% | 10.5 yr |
| BRK-BBerkshire Hathaway Inc. | $74M | 1.7% | — | 10.5 yr |
| ETEnergy Transfer LP | $66M | 1.5% | +12.1% | 10.5 yr |
| IJHiShares Core S&P Mid-Cap | $65M | 1.5% | — | 10.5 yr |
| MSFTMicrosoft Corporation | $57M | 1.3% | -0.6% | 10.5 yr |
| SPYState Street SPDR S&P 50 | $56M | 1.3% | +17.6% | 10.5 yr |
| DFASDimensional - US Small C | $52M | 1.2% | — | 5.0 yr |
| VBVanguard Small-Cap ETF | $52M | 1.2% | — | 10.5 yr |
| SCHXSchwab U.S. Large-Cap ET | $51M | 1.2% | — | 9.8 yr |
| IVViShares Core S&P 500 ETF | $48M | 1.1% | — | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management55.6%-5.1pp$2.44B
Oil & Gas Midstream5.9%-1.5pp$261M
Semiconductors4.7%+2.0pp$205M
Asset Management - Bonds2.5%+0.0pp$110M
Asset Management - Income2.3%-0.1pp$99M
Consumer Electronics1.9%+0.2pp$82M
Software - Infrastructure1.9%-0.2pp$81M
Internet Content & Information1.8%+0.8pp$80M
Insurance - Diversified1.8%-1.1pp$77M
Drug Manufacturers - General1.2%+0.1pp$54M
Country
US97.2%-0.2pp
CA0.8%+0.0pp
BM0.5%-0.1pp
Unknown0.4%-0.1pp
IE0.3%+0.0pp
GB0.2%+0.1pp
AU0.2%+0.1pp
CH0.1%+0.0pp
Top 5: 13.4% · Top 10: 21.2% · Top 25: 35.6%
Top buys this quarter · 15
| AVGO Broadcom Inc. | +$6M |
| MSFT Microsoft Corporation | +$4M |
| NVDA NVIDIA Corporation | +$3M |
| AMZN Amazon.com, Inc. | +$2M |
| JPM JPMorgan Chase & Co. | +$2M |
| AAPL Apple Inc. | +$2M |
| ASPI ASP Isotopes Inc. Common Stocknew | +$2M |
| MU Micron Technology, Inc. | +$2M |
| ABBV AbbVie Inc. | +$2M |
| COST Costco Wholesale Corporation | +$1M |
Top sells this quarter · 15
| KMI Kinder Morgan, Inc. | −$2M |
| WMB The Williams Companies, Inc. | −$19M |
| AXON Axon Enterprise, Inc. | −$1M |
| BITF Bitfarms Ltd.exit | −$1M |
| HCA HCA Healthcare, Inc. | −$1M |
| PNFP Pinnacle Financial Partners, Iexit | −$1M |
| EXAS Exact Sciences Corporationexit | −$1M |
| OKE ONEOK, Inc. | −$20M |
| BN Brookfield Corporation | −$1M |
| ZM Zoom Communications, Inc. | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $4.39B | 1437 | +15.70% | +17.59% | -1.89% | +0.38B |
| 2025-12-31 | $4.05B | 1288 | +13.73% | +17.72% | -3.99% | +0.16B |
| 2025-09-30 | $3.82B | 1215 | +18.13% | +17.52% | +0.62% | +0.14B |
| 2025-06-30 | $3.47B | 1094 | +18.91% | +14.94% | +3.97% | +0.22B |
| 2025-03-31 | $3.01B | 932 | +12.52% | +8.30% | +4.22% | +0.09B |
| 2024-12-31 | $3.01B | 844 | +25.60% | +24.89% | +0.71% | +0.04B |
| 2024-09-30 | $2.80B | 792 | +31.90% | +36.04% | -4.13% | +0.04B |
| 2024-06-30 | $2.58B | 741 | +21.76% | +24.49% | -2.73% | +0.18B |
| 2024-03-31 | $2.35B | 730 | +27.47% | +29.62% | -2.15% | +0.01B |
| 2023-12-31 | $2.16B | 699 | +25.96% | +26.18% | -0.22% | +0.10B |
| 2023-09-30 | $1.85B | 656 | +18.13% | +21.57% | -3.44% | -0.04B |
| 2023-06-30 | $1.92B | 682 | +13.69% | +19.42% | -5.73% | +0.09B |
| 2023-03-31 | $1.71B | 663 | -10.91% | -7.82% | -3.09% | -0.04B |
| 2022-12-31 | $1.63B | 640 | -20.67% | -18.17% | -2.50% | +0.17B |
| 2022-09-30 | $1.40B | 584 | -15.54% | -15.51% | -0.04% | +0.10B |
| 2022-06-30 | $1.37B | 589 | -10.51% | -10.62% | +0.11% | +0.27B |