Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.35%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.16%
steady accumulation
Rally response
-2.05%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VTIVanguard Total Stock Mar | $311M | 16.7% | — | 10.5 yr |
| IWBiShares Russell 1000 ETF | $230M | 12.4% | — | 6.3 yr |
| DFACDimensional - US Core Eq | $216M | 11.6% | — | 5.0 yr |
| NFRAFlexShares STOXX Global | $147M | 7.9% | — | 5.0 yr |
| BNDVanguard Total Bond Mark | $130M | 7.0% | — | 9.3 yr |
| VXUSVanguard Total Internati | $89M | 4.8% | — | 9.0 yr |
| IXUSiShares Core MSCI Total | $79M | 4.2% | — | 7.5 yr |
| DFAXDimensional - World ex U | $70M | 3.8% | — | 4.8 yr |
| MCDMcDonald's Corporation | $60M | 3.3% | +1.8% | 10.5 yr |
| BNDXVanguard Total Internati | $52M | 2.8% | — | 9.0 yr |
| IWFiShares Russell 1000 Gro | $49M | 2.6% | — | 10.5 yr |
| TLTDFlexShares Morningstar D | $43M | 2.3% | — | 7.5 yr |
| TILTFlexShares Morningstar U | $39M | 2.1% | — | 7.5 yr |
| AAPLApple Inc. | $36M | 1.9% | +14.7% | 10.5 yr |
| ITOTiShares Core S&P Total U | $31M | 1.7% | — | 7.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management68.1%+1.8pp$1.26B
Asset Management - Bonds10.2%-1.2pp$190M
Asset Management - Global9.3%+0.2pp$172M
Restaurants3.4%-1.1pp$62M
Consumer Electronics1.9%-0.1pp$36M
Semiconductors1.4%+0.8pp$26M
Banks - Diversified1.1%+0.2pp$20M
Financial - Data & Stock Exchanges0.5%+0.0pp$9M
Specialty Retail0.4%+0.0pp$8M
Software - Infrastructure0.4%-0.0pp$8M
Country
US99.7%+0.0pp
IE0.2%-0.0pp
Unknown0.1%+0.1pp
TW0.0%
NL0.0%
BR0.0%-0.0pp
Top 5: 55.7% · Top 10: 74.6% · Top 25: 92.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| AAPL | $33M | +0.00B | 14.7% |
| NVDA | $5M | +0.00B | 60.9% |
| JPM | $13M | +0.00B | 21.8% |
| MCD | $68M | +0.00B | 1.8% |
| CME | $5M | +0.00B | 15.6% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| MSFT | $5M | -0.00B | -0.6% |
Top buys this quarter · 15
| NVDA NVIDIA Corporation | +$5M |
| JPM JPMorgan Chase & Co. | +$3M |
| LRCX Lam Research Corporation | +$1M |
| MU Micron Technology, Inc. | +$0M |
| ALK Alaska Air Group, Inc. | +$0M |
| TSM Taiwan Semiconductor Manufactu | +$0M |
| T AT&T Inc. | +$0M |
| ASML ASML Holding N.V.new | +$0M |
| INTU Intuit Inc.new | +$0M |
| PSX Phillips 66new | +$0M |
Top sells this quarter · 15
| MCD McDonald's Corporation | −$1M |
| AAPL Apple Inc. | −$1M |
| WMT Walmart Inc. | −$1M |
| CHRW C.H. Robinson Worldwide, Inc.exit | −$1M |
| AVGO Broadcom Inc. | −$1M |
| EQX Equinox Gold Corp.exit | −$0M |
| BAC Bank of America Corporationexit | −$0M |
| PANW Palo Alto Networks, Inc.exit | −$0M |
| UPS United Parcel Service, Inc.exit | −$0M |
| ANET Arista Networks, Inc.exit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.86B | 185 | +9.66% | +17.59% | -7.93% | +0.03B |
| 2025-12-31 | $1.88B | 184 | +10.85% | +17.72% | -6.87% | +0.01B |
| 2025-09-30 | $1.85B | 182 | +12.61% | +17.52% | -4.91% | -0.01B |
| 2025-06-30 | $1.73B | 176 | +16.64% | +14.94% | +1.70% | +0.07B |
| 2025-03-31 | $1.59B | 156 | +12.81% | +8.30% | +4.51% | -0.00B |
| 2024-12-31 | $1.62B | 155 | +15.29% | +24.89% | -9.60% | -0.05B |
| 2024-09-30 | $1.63B | 157 | +26.73% | +36.04% | -9.30% | -0.06B |
| 2024-06-30 | $1.51B | 157 | +5.15% | +24.49% | -19.34% | +0.02B |
| 2024-03-31 | $1.49B | 150 | +14.34% | +29.62% | -15.28% | +0.08B |
| 2023-12-31 | $1.40B | 151 | +24.65% | +26.18% | -1.52% | -0.03B |
| 2023-09-30 | $1.27B | 146 | +17.74% | +21.57% | -3.83% | +0.04B |
| 2023-06-30 | $1.33B | 147 | +22.09% | +19.42% | +2.66% | -0.05B |
| 2023-03-31 | $1.26B | 139 | +1.09% | -7.82% | +8.91% | -0.03B |
| 2022-12-31 | $1.18B | 140 | -12.20% | -18.17% | +5.97% | +0.03B |
| 2022-09-30 | $1.08B | 140 | -8.49% | -15.51% | +7.02% | -0.04B |
| 2022-06-30 | $1.17B | 141 | -3.79% | -10.62% | +6.83% | -0.07B |