Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.03%
trims when stocks drop
when a holding falls −10%+
Middle response
-0.56%
baseline attrition
Rally response
-0.90%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $78M | 6.1% | +14.7% | 10.5 yr |
| MSFTMicrosoft Corporation | $56M | 4.3% | -0.6% | 10.5 yr |
| IVViShares Core S&P 500 ETF | $56M | 4.3% | — | 10.5 yr |
| NVDANVIDIA Corporation | $41M | 3.2% | +60.9% | 3.8 yr |
| GOOGLAlphabet Inc. | $38M | 3.0% | — | 4.0 yr |
| JNJJohnson & Johnson | $33M | 2.6% | +51.5% | 10.5 yr |
| LLYEli Lilly and Company | $33M | 2.6% | +12.2% | 10.5 yr |
| JPMJPMorgan Chase & Co. | $32M | 2.5% | +21.8% | 4.0 yr |
| AMZNAmazon.com, Inc. | $30M | 2.3% | +9.5% | 10.5 yr |
| VVisa Inc. | $23M | 1.8% | -13.1% | 3.8 yr |
| COSTCostco Wholesale Corpora | $23M | 1.8% | +5.9% | 4.0 yr |
| GSThe Goldman Sachs Group, | $21M | 1.7% | +58.1% | 5.8 yr |
| WMTWalmart Inc. | $21M | 1.7% | +42.8% | 10.5 yr |
| DGROiShares Core Dividend Gr | $21M | 1.6% | — | 3.8 yr |
| AGGiShares Core U.S. Aggreg | $19M | 1.5% | — | 3.8 yr |
Portfolio composition (YoY)
Industry mix
Asset Management16.4%+2.5pp$210M
Software - Infrastructure7.0%-0.6pp$90M
Semiconductors6.9%+3.4pp$89M
Consumer Electronics6.1%-1.4pp$78M
Drug Manufacturers - General5.6%+0.2pp$72M
Asset Management - Bonds4.9%+0.7pp$63M
Internet Content & Information4.8%+1.4pp$62M
Discount Stores3.5%-0.0pp$45M
Banks - Diversified2.8%+0.2pp$36M
Specialty Retail2.4%-0.0pp$31M
Country
US93.3%-1.5pp
IE3.3%-0.6pp
Unknown1.1%+0.4pp
TW0.9%+0.9pp
CA0.7%+0.3pp
NL0.6%+0.6pp
GB0.1%-0.1pp
CH0.0%-0.0pp
Top 5: 20.9% · Top 10: 32.7% · Top 25: 53.8%
Top buys this quarter · 15
| PRK Park National Corporation | +$1M |
| TSM Taiwan Semiconductor Manufactu | +$1M |
| ASML ASML Holding N.V. | +$1M |
| NFLX Netflix, Inc. | +$1M |
| PANW Palo Alto Networks, Inc. | +$18M |
| NVDA NVIDIA Corporation | +$41M |
| BX Blackstone Inc. | +$11M |
| VLO Valero Energy Corporation | +$0M |
| NEE NextEra Energy, Inc. | +$0M |
| WMB The Williams Companies, Inc. | +$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.29B | 721 | +11.75% | +17.59% | -5.84% | -0.00B |
| 2025-12-31 | $1.33B | 701 | +12.12% | +17.72% | -5.60% | +0.02B |
| 2025-09-30 | $1.30B | 683 | +10.91% | +17.52% | -6.61% | +0.02B |
| 2025-06-30 | $1.21B | 695 | +11.77% | +14.94% | -3.17% | +0.00B |
| 2025-03-31 | $1.12B | 673 | +7.57% | +8.30% | -0.73% | +0.02B |
| 2024-12-31 | $1.13B | 675 | +18.21% | +24.89% | -6.67% | -0.03B |
| 2024-09-30 | $1.16B | 746 | +31.35% | +36.04% | -4.69% | +0.04B |
| 2024-06-30 | $1.04B | 752 | +18.33% | +24.49% | -6.16% | -0.00B |
| 2024-03-31 | $1.01B | 1019 | +23.74% | +29.62% | -5.88% | +0.00B |
| 2023-12-31 | $943M | 910 | +21.76% | +26.18% | -4.41% | -0.03B |
| 2023-09-30 | $873M | 916 | +19.73% | +21.57% | -1.84% | +0.01B |
| 2023-06-30 | $900M | 914 | +19.59% | +19.42% | +0.16% | -0.02B |
| 2023-03-31 | $851M | 905 | -4.35% | -7.82% | +3.47% | -0.01B |
| 2022-12-31 | $815M | 912 | +9.07% | +7.56% | +1.51% | +0.01B |
| 2022-09-30 | $738M | 250 | -3.86% | -4.93% | +1.07% | +0.05B |
| 2022-06-30 | $711M | 165 | -13.44% | -16.11% | +2.67% | -0.02B |