Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-7.61%
trims when stocks drop
when a holding falls −10%+
Middle response
-11.46%
baseline attrition
Rally response
-13.12%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| SUSuncor Energy Inc. | $23M | 1.4% | +77.6% | 3.5 yr |
| LOGILogitech International S | $22M | 1.3% | +9.5% | 9.3 yr |
| PBFPBF Energy Inc. | $21M | 1.3% | +159.4% | 1.8 yr |
| CMECME Group Inc. | $18M | 1.1% | +15.6% | 10.5 yr |
| MKSIMKS Inc. | $18M | 1.1% | +188.8% | 3.0 yr |
| DELLDell Technologies Inc. | $17M | 1.0% | +83.4% | 0.5 yr |
| TIGOMillicom International C | $16M | 1.0% | +167.9% | 3.3 yr |
| LVSLas Vegas Sands Corp. | $16M | 1.0% | +42.4% | 2.3 yr |
| PARRPar Pacific Holdings, In | $15M | 0.9% | +339.3% | 4.0 yr |
| NVDANVIDIA Corporation | $15M | 0.9% | +60.9% | 4.3 yr |
| ALBAlbemarle Corporation | $14M | 0.9% | +153.7% | 2.3 yr |
| DKDelek US Holdings, Inc. | $14M | 0.8% | +212.1% | 4.0 yr |
| CVECenovus Energy Inc. | $14M | 0.8% | +97.2% | 3.8 yr |
| CNRCore Natural Resources, | $14M | 0.8% | +36.6% | 0.5 yr |
| MIRMMirum Pharmaceuticals, I | $13M | 0.8% | +105.1% | 3.0 yr |
Portfolio composition (YoY)
Industry mix
Biotechnology5.2%-4.5pp$87M
Aerospace & Defense4.8%+3.1pp$80M
Semiconductors3.9%+0.4pp$66M
Oil & Gas Refining & Marketing3.8%+3.6pp$63M
Hardware, Equipment & Parts3.4%+1.5pp$58M
Computer Hardware3.0%+1.6pp$50M
Oil & Gas Integrated2.8%+2.1pp$47M
Software - Application2.8%-3.9pp$46M
Chemicals - Specialty2.6%+1.8pp$43M
Banks - Diversified2.5%+1.9pp$41M
Country
US79.2%+0.1pp
CA8.0%+1.9pp
CH2.0%+0.5pp
IE1.8%+0.2pp
Unknown1.7%-1.7pp
GB1.4%-0.1pp
IL1.2%-0.1pp
LU1.1%+0.7pp
Top 5: 6.0% · Top 10: 10.8% · Top 25: 22.5%
Top buys this quarter · 15
| MKSI MKS Inc. | +$15M |
| DELL Dell Technologies Inc. | +$14M |
| PAYC Paycom Software, Inc. | +$12M |
| NVDA NVIDIA Corporation | +$12M |
| HUM Humana Inc. | +$12M |
| SIRI Sirius XM Holdings Inc.new | +$11M |
| DPZ Domino's Pizza, Inc. | +$11M |
| SOLS Solstice Advanced Materials Innew | +$10M |
| GE GE Aerospace | +$10M |
| AVGO Broadcom Inc. | +$9M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.67B | 525 | +37.89% | +17.59% | +20.30% | +0.06B |
| 2025-12-31 | $1.54B | 547 | +26.87% | +17.72% | +9.15% | -0.11B |
| 2025-09-30 | $1.58B | 569 | +30.95% | +17.52% | +13.44% | -0.39B |
| 2025-06-30 | $1.77B | 675 | +26.49% | +14.94% | +11.55% | +0.17B |
| 2025-03-31 | $1.41B | 725 | +10.27% | +8.30% | +1.96% | +0.32B |
| 2024-12-31 | $1.13B | 700 | +26.23% | +24.89% | +1.34% | -0.08B |
| 2024-09-30 | $1.13B | 710 | +33.53% | +36.04% | -2.51% | -0.00B |
| 2024-06-30 | $1.05B | 653 | +20.72% | +24.49% | -3.78% | +0.01B |
| 2024-03-31 | $1.05B | 614 | +29.71% | +29.62% | +0.08% | +0.06B |
| 2023-12-31 | $902M | 529 | +25.72% | +26.18% | -0.46% | +0.00B |
| 2023-09-30 | $790M | 572 | +15.94% | +21.57% | -5.63% | +0.08B |
| 2023-06-30 | $726M | 548 | +16.62% | +19.42% | -2.80% | -0.06B |
| 2023-03-31 | $737M | 553 | -9.41% | -7.82% | -1.60% | +0.08B |
| 2022-12-31 | $617M | 599 | +4.96% | +7.56% | -2.60% | -0.07B |
| 2022-09-30 | $657M | 813 | -2.08% | -4.93% | +2.85% | -0.45B |
| 2022-06-30 | $1.13B | 926 | -17.50% | -16.11% | -1.39% | +0.18B |