Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.00%
trims when stocks drop
when a holding falls −10%+
Middle response
-2.67%
baseline attrition
Rally response
-9.57%
trims into rallies
when a holding rises +10%+
Top positions · 4
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VEEVVeeva Systems Inc. | $88M | 78.8% | -24.2% | 2.5 yr |
| DOCSDoximity, Inc. | $9M | 8.1% | -59.8% | 3.8 yr |
| TTANServiceTitan, Inc. | $7M | 6.6% | -33.3% | 1.5 yr |
| BLNDBlend Labs, Inc. | $7M | 6.5% | -49.3% | 3.8 yr |
Portfolio composition (YoY)
Industry mix
Medical - Healthcare Information Services86.9%+2.4pp$97M
Software - Application13.1%-2.4pp$15M
Country
US100.0%+0.0pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Top buys this quarter · 0
No buys this quarter
Top sells this quarter · 0
No sells this quarter
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $111M | 4 | -31.87% | +17.59% | -49.46% | -0.00B |
| 2025-12-31 | $154M | 4 | +0.96% | +17.72% | -16.75% | +0.00B |
| 2025-09-30 | $205M | 4 | +39.16% | +17.52% | +21.64% | +0.00B |
| 2025-06-30 | $194M | 4 | +59.77% | +14.94% | +44.83% | -0.00B |
| 2025-03-31 | $164M | 4 | +8.47% | +8.30% | +0.17% | -0.13B |
| 2024-12-31 | $271M | 4 | +19.74% | +24.89% | -5.15% | +0.00B |
| 2024-09-30 | $260M | 3 | +10.42% | +36.04% | -25.61% | +0.00B |
| 2024-06-30 | $215M | 3 | -19.03% | +22.30% | -41.33% | -0.00B |
| 2024-03-31 | $266M | 3 | -42.43% | -1.71% | -40.72% | +0.00B |
| 2023-12-31 | $225M | 3 | -4.25% | +11.64% | -15.89% | +0.19B |
| 2022-09-30 | $33M | 2 | -11.36% | -4.93% | -6.43% | -0.00B |
| 2022-06-30 | $37M | 2 | -42.69% | -16.11% | -26.58% | +0.00B |
| 2022-03-31 | $65M | 2 | — | — | — | -0.01B |
| 2021-12-31 | $70M | 2 | — | — | — | -0.05B |
| 2021-09-30 | $120M | 3 | — | — | — | +0.01B |
| 2020-09-30 | $110M | 1 | — | — | — | -0.15B |