Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.63%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.37%
steady accumulation
Rally response
+1.86%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| SPYState Street SPDR S&P 50 | $319M | 13.1% | +17.6% | 3.3 yr |
| USFRWisdomTree Floating Rate | $257M | 10.5% | — | 3.3 yr |
| VTIVanguard Total Stock Mar | $107M | 4.4% | — | 3.3 yr |
| VTVVanguard Value ETF | $91M | 3.7% | — | 3.3 yr |
| TFLOiShares Treasury Floatin | $66M | 2.7% | — | 3.3 yr |
| VOOVanguard S&P 500 ETF | $66M | 2.7% | — | 3.3 yr |
| EFAiShares MSCI EAFE ETF | $59M | 2.4% | — | 3.3 yr |
| SCHGSchwab U.S. Large-Cap Gr | $57M | 2.3% | — | 3.3 yr |
| VTVanguard Total World Sto | $52M | 2.1% | — | 3.3 yr |
| VEUVanguard FTSE All-World | $45M | 1.8% | — | 3.3 yr |
| SPSBState Street SPDR Portfo | $44M | 1.8% | — | 3.3 yr |
| CGDVCapital Group Dividend V | $28M | 1.1% | — | 0.8 yr |
| CGUSCapital Group Core Equit | $27M | 1.1% | — | 0.8 yr |
| — | $25M | 1.0% | — | 0.8 yr |
| SPYVState Street SPDR Portfo | $24M | 1.0% | — | 3.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management75.9%-4.7pp$1.85B
Asset Management - Bonds8.8%-1.2pp$216M
Unknown2.6%+2.3pp$63M
Asset Management - Global1.9%+0.5pp$47M
Consumer Electronics1.0%+0.1pp$24M
Semiconductors0.8%+0.5pp$20M
Software - Infrastructure0.7%+0.1pp$18M
Engineering & Construction0.6%+0.2pp$15M
Internet Content & Information0.5%+0.3pp$13M
Drug Manufacturers - General0.5%+0.2pp$12M
Country
US96.2%-2.9pp
Unknown2.6%+2.3pp
CA0.8%+0.6pp
IE0.1%-0.0pp
GB0.1%-0.1pp
NL0.1%
TW0.0%
CH0.0%+0.0pp
Top 5: 34.4% · Top 10: 45.8% · Top 25: 61.0%
Top buys this quarter · 15
| IDXX IDEXX Laboratories, Inc.new | +$1M |
| VRT Vertiv Holdings Conew | +$0M |
| ORLY O'Reilly Automotive, Inc.new | +$0M |
| CASY Casey's General Stores, Inc.new | +$0M |
| SHEL Shell plcnew | +$0M |
| ENB Enbridge Inc.new | +$0M |
| EXC Exelon Corporationnew | +$0M |
| WBD Warner Bros. Discovery, Inc.new | +$0M |
| CSX CSX Corporationnew | +$0M |
| AZO AutoZone, Inc.new | +$0M |
Top sells this quarter · 15
| SPY State Street SPDR S&P 500 ETF | −$18M |
| AAPL Apple Inc. | −$3M |
| VRRM Verra Mobility Corporationexit | −$3M |
| NVDA NVIDIA Corporation | −$2M |
| MSFT Microsoft Corporation | −$2M |
| AFL Aflac Incorporated | −$2M |
| STRL Sterling Infrastructure, Inc. | −$12M |
| PANR.L Pantheon Resources Plcexit | −$1M |
| GPN Global Payments Inc. | −$1M |
| XOM Exxon Mobil Corporation | −$5M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $2.44B | 451 | +16.84% | +17.59% | -0.75% | -0.29B |
| 2025-12-31 | $2.82B | 449 | +15.76% | +17.72% | -1.95% | +0.77B |
| 2025-09-30 | $2.02B | 305 | +16.45% | +17.52% | -1.07% | +0.26B |
| 2025-06-30 | $1.62B | 277 | +13.00% | +14.94% | -1.94% | -0.04B |
| 2025-03-31 | $1.52B | 278 | +7.50% | +8.30% | -0.80% | +0.08B |
| 2024-12-31 | $1.49B | 275 | +20.48% | +24.89% | -4.41% | +0.00B |
| 2024-09-30 | $1.47B | 241 | +33.02% | +36.04% | -3.02% | +0.18B |
| 2024-06-30 | $1.22B | 191 | +21.63% | +24.49% | -2.86% | -0.20B |
| 2024-03-31 | $1.37B | 216 | +26.05% | +29.62% | -3.57% | -0.00B |
| 2023-12-31 | $1.27B | 195 | +12.28% | +11.64% | +0.64% | +0.05B |
| 2023-09-30 | $1.09B | 183 | -3.37% | -3.22% | -0.15% | -0.09B |
| 2023-06-30 | $1.22B | 186 | +7.88% | +8.68% | -0.80% | +0.24B |
| 2023-03-31 | $909M | 175 | — | — | — | — |