Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.58%
trims when stocks drop
when a holding falls −10%+
Middle response
+3.18%
steady accumulation
Rally response
+0.46%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| IVViShares Core S&P 500 ETF | $443M | 17.3% | — | 10.5 yr |
| SPHQInvesco S&P 500 Quality | $353M | 13.8% | — | 0.8 yr |
| IEFAiShares Core MSCI EAFE E | $279M | 10.9% | — | 10.5 yr |
| PHYSSprott Physical Gold Tru | $170M | 6.6% | — | 0.5 yr |
| IWSiShares Russell Mid-Cap | $79M | 3.1% | — | 10.5 yr |
| IEMGiShares Core MSCI Emergi | $70M | 2.7% | — | 7.3 yr |
| GOOGAlphabet Inc. | $68M | 2.7% | +84.3% | 10.3 yr |
| AAPLApple Inc. | $62M | 2.4% | +14.7% | 10.5 yr |
| RTXRTX Corporation | $62M | 2.4% | +48.1% | 6.0 yr |
| JNJJohnson & Johnson | $61M | 2.4% | +51.5% | 10.5 yr |
| MSFTMicrosoft Corporation | $56M | 2.2% | -0.6% | 10.5 yr |
| COPConocoPhillips | $52M | 2.0% | +30.0% | 6.0 yr |
| BNBrookfield Corporation | $51M | 2.0% | +16.5% | 3.5 yr |
| BRK-BBerkshire Hathaway Inc. | $48M | 1.9% | — | 10.5 yr |
| WMTWalmart Inc. | $47M | 1.9% | +42.8% | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management63.8%+19.0pp$1.63B
Internet Content & Information3.0%-0.1pp$78M
Drug Manufacturers - General2.8%-2.9pp$71M
Aerospace & Defense2.5%-0.8pp$64M
Consumer Electronics2.4%-0.6pp$62M
Software - Infrastructure2.3%-1.0pp$58M
Oil & Gas Exploration & Production2.0%-0.3pp$52M
Insurance - Diversified2.0%-1.5pp$50M
Financial - Credit Services2.0%-1.5pp$50M
Discount Stores1.9%-0.4pp$50M
Country
US91.1%-5.5pp
CA8.7%+5.5pp
IE0.1%+0.0pp
TW0.0%+0.0pp
Unknown0.0%-0.0pp
GB0.0%-0.0pp
CH0.0%-0.0pp
NL0.0%+0.0pp
Top 5: 51.7% · Top 10: 64.4% · Top 25: 87.6%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $2.56B | 676 | +15.54% | +17.59% | -2.05% | -0.03B |
| 2025-12-31 | $2.62B | 589 | +17.60% | +17.72% | -0.12% | +0.24B |
| 2025-09-30 | $2.28B | 579 | +13.07% | +17.52% | -4.45% | -0.00B |
| 2025-06-30 | $2.11B | 570 | +13.44% | +14.94% | -1.50% | +0.07B |
| 2025-03-31 | $1.97B | 572 | +10.61% | +8.30% | +2.31% | -0.06B |
| 2024-12-31 | $2.02B | 623 | +17.64% | +24.89% | -7.25% | -0.12B |
| 2024-09-30 | $2.13B | 618 | +28.71% | +36.04% | -7.32% | -0.28B |
| 2024-06-30 | $2.22B | 515 | +13.83% | +24.49% | -10.66% | +0.01B |
| 2024-03-31 | $2.19B | 541 | +19.57% | +29.62% | -10.05% | +0.03B |
| 2023-12-31 | $2.01B | 727 | +13.97% | +26.18% | -12.21% | +0.01B |
| 2023-09-30 | $1.83B | 522 | +13.51% | +21.57% | -8.06% | +0.01B |
| 2023-06-30 | $1.89B | 562 | +10.74% | +19.42% | -8.68% | -0.01B |
| 2023-03-31 | $1.80B | 573 | -7.33% | -7.82% | +0.49% | +0.03B |
| 2022-12-31 | $1.73B | 562 | -13.51% | -18.17% | +4.66% | +0.22B |
| 2022-09-30 | $1.38B | 533 | -11.87% | -15.51% | +3.64% | +0.03B |
| 2022-06-30 | $1.44B | 551 | -5.66% | -10.62% | +4.96% | -0.16B |