Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+8.10%
adds when stocks drop
when a holding falls −10%+
Middle response
+11.55%
steady accumulation
Rally response
-2.32%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| GTLSChart Industries, Inc. | $131M | 6.9% | +43.2% | 0.5 yr |
| HOLXHologic, Inc. | $100M | 5.3% | +22.4% | 0.5 yr |
| SEESealed Air Corporation | $98M | 5.2% | +48.7% | 0.5 yr |
| MASIMasimo Corporation | $85M | 4.5% | +6.8% | 0.3 yr |
| EAElectronic Arts Inc. | $83M | 4.3% | +41.7% | 0.8 yr |
| TPHTri Pointe Homes, Inc. | $75M | 3.9% | +46.4% | 0.3 yr |
| NSANational Storage Affilia | $68M | 3.6% | +3.1% | 0.3 yr |
| ALAir Lease Corporation | $63M | 3.3% | +36.3% | 0.5 yr |
| CWANClearwater Analytics Hol | $51M | 2.7% | -11.8% | 0.5 yr |
| TERNTerns Pharmaceuticals, I | $48M | 2.5% | — | 0.3 yr |
| VREVeris Residential, Inc. | $47M | 2.5% | +13.3% | 0.3 yr |
| OSOneStream, Inc. Class A | $44M | 2.3% | +12.5% | 0.3 yr |
| WBSWebster Financial Corpor | $35M | 1.8% | +38.5% | 0.3 yr |
| DAWNDay One Biopharmaceutica | $32M | 1.7% | +170.4% | 0.3 yr |
| — | $30M | 1.6% | — | 1.8 yr |
Portfolio composition (YoY)
Industry mix
Unknown22.5%-12.2pp$428M
Shell Companies12.3%+3.4pp$235M
Biotechnology7.4%+5.5pp$141M
Industrial - Machinery6.9%$131M
Software - Application5.4%-2.3pp$103M
Medical - Instruments & Supplies5.3%$100M
Packaging & Containers5.2%+3.5pp$98M
Medical - Devices4.5%+4.3pp$85M
Electronic Gaming & Multimedia4.3%$83M
Banks - Regional4.1%+2.8pp$78M
Country
US74.7%+16.0pp
Unknown22.5%-12.2pp
KY2.0%+0.4pp
MX0.3%
AE0.2%
HK0.2%
FR0.2%
GB0.1%
Top 5: 26.1% · Top 10: 42.2% · Top 25: 63.3%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| ANSC | $33M | +0.00B | 5.8% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| GTLS Chart Industries, Inc. | +$114M |
| MASI Masimo Corporationnew | +$85M |
| HOLX Hologic, Inc. | +$77M |
| TPH Tri Pointe Homes, Inc.new | +$75M |
| SEE Sealed Air Corporation | +$72M |
| NSA National Storage Affiliates Trnew | +$68M |
| EA Electronic Arts Inc. | +$63M |
| AL Air Lease Corporation | +$62M |
| VRE Veris Residential, Inc.new | +$47M |
| OS OneStream, Inc. Class A Commonnew | +$44M |
Top sells this quarter · 15
| YCY AA Mission Acquisition Corp. Iexit | −$30M |
| EXAS Exact Sciences Corporationexit | −$29M |
| ANSC Agriculture & Natural Solution | −$17M |
| CFLT Confluent, Inc.exit | −$14M |
| DMII Drugs Made In America Acquisit | −$10M |
| TVA Texas Ventures Acquisition III | −$6M |
| TACO Berto Acquisition Corp. | −$4M |
| TACH Titan Acquisition Corp. | −$4M |
| TDAC Translational Development Acqu | −$4M |
| CEPT Cantor Equity Partners II, Incexit | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.90B | 181 | +30.22% | +17.59% | +12.63% | +0.08B |
| 2025-12-31 | $1.64B | 161 | +13.32% | +17.72% | -4.40% | -0.16B |
| 2025-09-30 | $1.55B | 121 | -1.58% | +17.52% | -19.10% | +0.11B |
| 2025-06-30 | $1.48B | 121 | +5.26% | +14.94% | -9.68% | +0.04B |
| 2025-03-31 | $1.38B | 91 | +1.80% | +8.30% | -6.50% | +0.12B |
| 2024-12-31 | $1.31B | 93 | +5.52% | +24.89% | -19.37% | -0.21B |
| 2024-09-30 | $1.50B | 115 | +4.91% | +36.04% | -31.12% | +0.36B |
| 2024-06-30 | $1.10B | 104 | +3.72% | +24.49% | -20.77% | -0.08B |
| 2024-03-31 | $1.18B | 115 | -10.75% | +29.62% | -40.37% | -0.12B |
| 2023-12-31 | $1.30B | 133 | -17.02% | +26.18% | -43.20% | -0.52B |
| 2023-09-30 | $1.81B | 139 | -12.67% | +21.57% | -34.24% | +0.08B |
| 2023-06-30 | $1.68B | 131 | +141.46% | +19.42% | +122.03% | -0.32B |
| 2023-03-31 | $2.32B | 228 | +160.14% | -7.82% | +167.96% | +0.59B |
| 2022-12-31 | $1.86B | 345 | +6.00% | +7.56% | -1.56% | -0.38B |
| 2022-09-30 | $2.12B | 449 | +184.41% | -4.93% | +189.34% | -1.95B |
| 2022-06-30 | $1.43B | 409 | -6.95% | -16.11% | +9.16% | +0.56B |