Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.98%
adds when stocks drop
when a holding falls −10%+
Middle response
-11.53%
baseline attrition
Rally response
-31.39%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VVisa Inc. | $15M | 5.8% | -13.1% | 5.3 yr |
| MELIMercadoLibre, Inc. | $15M | 5.7% | -11.4% | 2.0 yr |
| TDSTelephone and Data Syste | $13M | 4.8% | +9.1% | 0.5 yr |
| AMZNAmazon.com, Inc. | $12M | 4.7% | +9.5% | 4.8 yr |
| MRVLMarvell Technology, Inc. | $11M | 4.3% | +61.3% | 0.3 yr |
| ACMRACM Research, Inc. | $9M | 3.4% | +68.6% | 1.8 yr |
| SHCSotera Health Company | $9M | 3.3% | +23.0% | 3.0 yr |
| GOOGLAlphabet Inc. | $8M | 3.2% | — | 6.5 yr |
| — | $7M | 2.6% | — | 0.3 yr |
| SWKSSkyworks Solutions, Inc. | $7M | 2.6% | -13.5% | 0.3 yr |
| LGNLegence Corp. Class A Co | $6M | 2.3% | — | 0.5 yr |
| SYYSysco Corporation | $6M | 2.3% | -3.0% | 3.8 yr |
| UHAL-BU-Haul Holding Company | $6M | 2.2% | — | 3.5 yr |
| LRNStride, Inc. | $5M | 1.9% | -30.3% | 0.5 yr |
| POOLPool Corporation | $5M | 1.9% | -35.2% | 1.0 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors13.4%+11.0pp$35M
Specialty Retail13.1%+2.3pp$34M
Financial - Credit Services6.7%-0.6pp$18M
Unknown6.6%+5.9pp$17M
Software - Application6.5%+0.6pp$17M
Software - Infrastructure5.0%-2.3pp$13M
Telecommunications Services4.8%$13M
Internet Content & Information4.2%-0.5pp$11M
Medical - Diagnostics & Research4.2%-0.3pp$11M
Oil & Gas Integrated2.8%+1.8pp$7M
Country
US75.9%+18.6pp
Unknown6.6%+5.9pp
UY5.7%+0.4pp
CA3.9%+2.8pp
GB1.9%-7.2pp
IE1.6%
KR1.1%+0.3pp
BR0.9%+0.2pp
Top 5: 25.2% · Top 10: 40.3% · Top 25: 65.3%
Top buys this quarter · 15
| MRVL Marvell Technology, Inc.new | +$11M |
| SWKS Skyworks Solutions, Inc.new | +$7M |
| MSFT Microsoft Corporation | +$4M |
| DV DoubleVerify Holdings, Inc.new | +$4M |
| AMZN Amazon.com, Inc. | +$4M |
| CNQ Canadian Natural Resources Limnew | +$4M |
| V Visa Inc. | +$3M |
| CVE Cenovus Energy Inc.new | +$3M |
| IPGP IPG Photonics Corporationnew | +$3M |
| LGN Legence Corp. Class A Common s | +$3M |
Top sells this quarter · 15
| SYY Sysco Corporation | −$9M |
| TDS Telephone and Data Systems, In | −$9M |
| NE Noble Corporation Plc | −$7M |
| VAL Valaris Limitedexit | −$5M |
| WDC Western Digital Corporationexit | −$3M |
| KVUE Kenvue Inc. | −$3M |
| FTRE Fortrea Holdings Inc. | −$3M |
| STX Seagate Technology Holdings plexit | −$2M |
| RTO Rentokil Initial plcexit | −$2M |
| MU Micron Technology, Inc. | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $263M | 112 | +56.46% | +17.59% | +38.87% | +0.05B |
| 2025-12-31 | $212M | 76 | +58.21% | +17.72% | +40.49% | +0.02B |
| 2025-09-30 | $193M | 75 | +53.30% | +17.52% | +35.78% | -0.05B |
| 2025-06-30 | $192M | 66 | +29.07% | +14.94% | +14.13% | -0.10B |
| 2025-03-31 | $239M | 81 | +3.17% | +8.30% | -5.13% | -0.06B |
| 2024-12-31 | $296M | 86 | +7.03% | +24.89% | -17.85% | +0.00B |
| 2024-09-30 | $294M | 97 | +19.47% | +36.04% | -16.57% | -0.05B |
| 2024-06-30 | $320M | 93 | +12.87% | +24.49% | -11.62% | +0.01B |
| 2024-03-31 | $318M | 87 | +20.09% | +29.62% | -9.53% | -0.03B |
| 2023-12-31 | $336M | 81 | +17.21% | +26.18% | -8.97% | -0.01B |
| 2023-09-30 | $316M | 89 | +20.74% | +21.57% | -0.82% | -0.06B |
| 2023-06-30 | $371M | 80 | +31.30% | +19.42% | +11.88% | +0.02B |
| 2023-03-31 | $338M | 87 | +2.39% | -7.82% | +10.21% | -0.01B |
| 2022-12-31 | $337M | 90 | +13.84% | +7.56% | +6.28% | -0.13B |
| 2022-09-30 | $412M | 79 | +9.25% | -4.93% | +14.18% | +0.06B |
| 2022-06-30 | $318M | 73 | -19.63% | -16.11% | -3.51% | +0.05B |