Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.19%
adds when stocks drop
when a holding falls −10%+
Middle response
+4.29%
steady accumulation
Rally response
-0.68%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| DGROiShares Core Dividend Gr | $592M | 8.7% | — | 8.0 yr |
| IQLTiShares MSCI Intl Qualit | $277M | 4.1% | — | 4.8 yr |
| EMLPFirst Trust North Americ | $187M | 2.7% | — | 10.0 yr |
| SDVYFirst Trust SMID Cap Ris | $180M | 2.6% | — | 2.3 yr |
| XLKState Street Technology | $130M | 1.9% | — | 10.5 yr |
| AAPLApple Inc. | $122M | 1.8% | +14.7% | 9.8 yr |
| GOOGLAlphabet Inc. | $121M | 1.8% | — | 10.0 yr |
| IVViShares Core S&P 500 ETF | $120M | 1.8% | — | 10.3 yr |
| ANGLVanEck Fallen Angel High | $109M | 1.6% | — | 8.5 yr |
| JNJJohnson & Johnson | $101M | 1.5% | +51.5% | 10.3 yr |
| XLEState Street Energy Sele | $96M | 1.4% | — | 10.5 yr |
| IBDTiShares iBonds Dec 2028 | $95M | 1.4% | — | 6.3 yr |
| IBDUiShares iBonds Dec 2029 | $90M | 1.3% | — | 5.5 yr |
| IBDViShares iBonds Dec 2030 | $89M | 1.3% | — | 5.8 yr |
| HDThe Home Depot, Inc. | $88M | 1.3% | -8.0% | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management47.8%+2.8pp$3.26B
Asset Management - Bonds7.7%-1.5pp$526M
Drug Manufacturers - General4.3%-0.4pp$295M
Semiconductors3.8%+1.0pp$258M
Internet Content & Information2.2%+0.5pp$151M
Consumer Electronics1.8%-0.2pp$122M
Oil & Gas Integrated1.7%+0.2pp$119M
Banks - Diversified1.7%-0.1pp$119M
Asset Management - Income1.7%-1.2pp$117M
Aerospace & Defense1.7%+0.2pp$114M
Country
US98.4%-0.4pp
NL0.8%+0.4pp
Unknown0.2%-0.0pp
IE0.2%+0.0pp
GB0.1%-0.0pp
CA0.1%+0.0pp
CH0.0%+0.0pp
TW0.0%+0.0pp
Top 5: 20.0% · Top 10: 28.4% · Top 25: 46.8%
Top buys this quarter · 15
| PG The Procter & Gamble Company | +$33M |
| QCOM QUALCOMM Incorporated | +$54M |
| AXP American Express Company | +$52M |
| HON Honeywell International Inc. | +$5M |
| ABBV AbbVie Inc. | +$4M |
| CVX Chevron Corporation | +$4M |
| HD The Home Depot, Inc. | +$88M |
| NFLX Netflix, Inc. | +$2M |
| NVDA NVIDIA Corporation | +$76M |
| AMZN Amazon.com, Inc. | +$61M |
Top sells this quarter · 15
| TPR Tapestry, Inc. | −$34M |
| CSCO Cisco Systems, Inc. | −$33M |
| ASML ASML Holding N.V. | −$15M |
| NEM Newmont Corporation | −$10M |
| JNJ Johnson & Johnson | −$92M |
| CMI Cummins Inc. | −$5M |
| LMT Lockheed Martin Corporation | −$59M |
| CAT Caterpillar Inc. | −$21M |
| GS The Goldman Sachs Group, Inc. | −$1M |
| ADP Automatic Data Processing, Inc | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $6.82B | 743 | +21.92% | +17.59% | +4.33% | +0.04B |
| 2025-12-31 | $6.55B | 729 | +19.55% | +17.72% | +1.83% | +0.32B |
| 2025-09-30 | $6.06B | 725 | +15.23% | +17.52% | -2.29% | +0.02B |
| 2025-06-30 | $5.57B | 698 | +15.84% | +14.94% | +0.90% | +0.18B |
| 2025-03-31 | $5.10B | 678 | +10.15% | +8.30% | +1.84% | +0.13B |
| 2024-12-31 | $4.90B | 658 | +16.15% | +24.89% | -8.74% | +0.09B |
| 2024-09-30 | $4.85B | 654 | +28.55% | +36.04% | -7.48% | +0.04B |
| 2024-06-30 | $4.42B | 645 | +13.89% | +24.49% | -10.61% | +0.11B |
| 2024-03-31 | $4.28B | 636 | +16.30% | +29.62% | -13.32% | +0.02B |
| 2023-12-31 | $3.98B | 622 | +10.55% | +26.18% | -15.63% | +0.03B |
| 2023-09-30 | $3.60B | 598 | +13.66% | +21.57% | -7.91% | +0.45B |
| 2023-06-30 | $3.27B | 546 | +10.61% | +19.42% | -8.81% | -0.20B |
| 2023-03-31 | $3.38B | 567 | -2.40% | -7.82% | +5.42% | +0.03B |
| 2022-12-31 | $3.29B | 576 | -8.49% | -18.17% | +9.69% | +0.02B |
| 2022-09-30 | $2.91B | 542 | -9.84% | -15.51% | +5.67% | +0.09B |
| 2022-06-30 | $3.00B | 556 | -3.52% | -10.62% | +7.10% | +0.05B |