Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+4.66%
adds when stocks drop
when a holding falls −10%+
Middle response
-7.91%
baseline attrition
Rally response
-24.54%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| CORZCore Scientific, Inc. | $122M | 9.5% | +106.6% | 1.5 yr |
| NVDANVIDIA Corporation | $52M | 4.1% | +60.9% | 1.5 yr |
| ROGRogers Corporation | $50M | 3.9% | +58.9% | 1.5 yr |
| VSTVistra Corp. | $43M | 3.4% | +28.7% | 1.3 yr |
| PRMBPrimo Brands Corporation | $43M | 3.3% | -45.9% | 0.8 yr |
| SATSEchoStar Corporation | $40M | 3.1% | +357.7% | 2.8 yr |
| MUMicron Technology, Inc. | $40M | 3.1% | +289.6% | 3.5 yr |
| TLNTalen Energy Corporation | $36M | 2.8% | +59.9% | 1.5 yr |
| NOVTNovanta Inc. | $34M | 2.6% | -7.6% | 1.8 yr |
| AMDAdvanced Micro Devices, | $31M | 2.4% | +98.0% | 1.8 yr |
| MSGSMadison Square Garden Sp | $31M | 2.4% | +65.1% | 6.8 yr |
| PSNParsons Corporation | $29M | 2.3% | -8.5% | 1.3 yr |
| SMTCSemtech Corporation | $29M | 2.3% | +123.5% | 3.3 yr |
| TICTIC Solutions, Inc. | $28M | 2.2% | -40.8% | 1.3 yr |
| AKAMAkamai Technologies, Inc | $27M | 2.1% | +42.7% | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors13.0%-0.1pp$167M
Software - Infrastructure12.9%+4.6pp$165M
Software - Application8.6%-4.9pp$110M
Hardware, Equipment & Parts6.9%+3.6pp$88M
Independent Power Producers6.2%+2.9pp$79M
Communication Equipment5.2%+4.6pp$67M
Unknown4.4%+2.9pp$57M
Specialty Retail3.5%+0.2pp$45M
Internet Content & Information3.4%+1.0pp$44M
Beverages - Non-Alcoholic3.3%$43M
Country
US89.1%+1.1pp
Unknown4.4%+2.9pp
BM1.9%+0.5pp
IL1.5%-1.1pp
CA0.9%-0.5pp
CN0.7%
RU0.7%
FI0.5%
Top 5: 24.1% · Top 10: 38.2% · Top 25: 64.9%
Top buys this quarter · 15
| CORZ Core Scientific, Inc. | +$52M |
| AKAM Akamai Technologies, Inc. | +$27M |
| ESTC Elastic N.V. | +$19M |
| RKT Rocket Companies, Inc. | +$18M |
| NVDA NVIDIA Corporation | +$18M |
| WULF TeraWulf Inc. | +$14M |
| MAX MediaAlpha, Inc. | +$12M |
| NCNO nCino, Inc. | +$12M |
| SNOW Snowflake Inc.new | +$12M |
| MTN Vail Resorts, Inc. | +$11M |
Top sells this quarter · 15
| SATS EchoStar Corporation | −$63M |
| SNDK Sandisk Corporationexit | −$45M |
| SOLS Solstice Advanced Materials Inexit | −$37M |
| GLNG Golar LNG Limited | −$33M |
| MSFT Microsoft Corporationexit | −$28M |
| FLS Flowserve Corporationexit | −$22M |
| ADMA ADMA Biologics, Inc. | −$17M |
| MU Micron Technology, Inc. | −$17M |
| UNF UniFirst Corporationexit | −$16M |
| AMZN Amazon.com, Inc. | −$16M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.29B | 104 | +36.50% | +17.59% | +18.91% | -0.04B |
| 2025-12-31 | $1.33B | 102 | +19.77% | +17.72% | +2.05% | +0.08B |
| 2025-09-30 | $1.16B | 107 | +11.22% | +17.52% | -6.30% | -0.08B |
| 2025-06-30 | $1.14B | 107 | +9.77% | +14.94% | -5.17% | -0.02B |
| 2025-03-31 | $991M | 115 | -12.62% | +8.30% | -20.93% | +0.33B |
| 2024-12-31 | $755M | 94 | +7.32% | +24.89% | -17.57% | -0.37B |
| 2024-09-30 | $1.13B | 140 | +22.07% | +36.04% | -13.97% | -0.09B |
| 2024-06-30 | $1.14B | 143 | +9.23% | +24.49% | -15.26% | +0.20B |
| 2024-03-31 | $1.01B | 119 | +21.21% | +29.62% | -8.41% | +0.05B |
| 2023-12-31 | $895M | 100 | +28.55% | +26.18% | +2.37% | -0.25B |
| 2023-09-30 | $1.01B | 124 | +18.69% | +21.57% | -2.88% | +0.27B |
| 2023-06-30 | $773M | 113 | +15.81% | +19.42% | -3.61% | +0.09B |
| 2023-03-31 | $663M | 108 | -7.63% | -7.82% | +0.19% | +0.03B |
| 2022-12-31 | $559M | 120 | +4.76% | +7.56% | -2.80% | -0.18B |
| 2022-09-30 | $706M | 138 | -6.40% | -4.93% | -1.47% | +0.04B |
| 2022-06-30 | $707M | 138 | -17.50% | -16.11% | -1.39% | +0.10B |