Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-4.93%
trims when stocks drop
when a holding falls −10%+
Middle response
-1.71%
baseline attrition
Rally response
+1.53%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $22M | 5.0% | +14.7% | 9.3 yr |
| NVDANVIDIA Corporation | $22M | 4.9% | +60.9% | 6.5 yr |
| VRTVertiv Holdings Co | $15M | 3.4% | +247.5% | 1.3 yr |
| BMYBristol-Myers Squibb Com | $14M | 3.1% | +3.4% | 5.0 yr |
| AGXArgan, Inc. | $13M | 3.0% | +318.5% | 2.0 yr |
| LRCXLam Research Corporation | $13M | 2.9% | +196.1% | 1.0 yr |
| KLACKLA Corporation | $13M | 2.9% | +118.2% | 2.8 yr |
| ABBVAbbVie Inc. | $13M | 2.9% | +7.3% | 7.8 yr |
| TPRTapestry, Inc. | $13M | 2.9% | +103.3% | 2.0 yr |
| GILDGilead Sciences, Inc. | $12M | 2.6% | +27.7% | 6.3 yr |
| FTITechnipFMC plc | $11M | 2.6% | +119.3% | 1.3 yr |
| CLColgate-Palmolive Compan | $11M | 2.5% | -6.8% | 7.0 yr |
| MOAltria Group, Inc. | $11M | 2.5% | +15.8% | 4.5 yr |
| AMAntero Midstream Corpora | $11M | 2.4% | +33.3% | 1.3 yr |
| NXTNextpower Inc. | $10M | 2.3% | +186.1% | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors14.3%+12.6pp$63M
Drug Manufacturers - General9.6%-4.2pp$43M
Engineering & Construction8.7%+6.6pp$39M
Consumer Electronics7.3%+1.2pp$32M
Computer Hardware5.3%+5.1pp$24M
Electrical Equipment & Parts4.4%+3.9pp$20M
Oil & Gas Midstream4.2%$19M
Tobacco3.5%+0.3pp$16M
Financial - Credit Services3.3%-0.0pp$15M
Software - Application3.2%-16.2pp$14M
Country
US95.6%+0.4pp
GB2.6%
SG1.8%
Top 5: 19.4% · Top 10: 33.6% · Top 25: 65.6%
Top buys this quarter · 15
| AM Antero Midstream Corporation | +$9M |
| GEV GE Vernova Inc.new | +$9M |
| STX Seagate Technology Holdings plnew | +$8M |
| MYRG MYR Group Inc.new | +$8M |
| MO Altria Group, Inc. | +$8M |
| MCK McKesson Corporation | +$7M |
| AZZ AZZ Inc.new | +$6M |
| LMT Lockheed Martin Corporation | +$6M |
| NYT The New York Times Company | +$6M |
| ADM Archer-Daniels-Midland Company | +$6M |
Top sells this quarter · 15
| HLT Hilton Worldwide Holdings Inc.exit | −$18M |
| AMGN Amgen Inc. | −$17M |
| NVDA NVIDIA Corporation | −$13M |
| AAPL Apple Inc. | −$12M |
| AGX Argan, Inc. | −$12M |
| PANW Palo Alto Networks, Inc.exit | −$12M |
| MA Mastercard Incorporated | −$12M |
| SPOT Spotify Technology S.A.exit | −$11M |
| VRT Vertiv Holdings Co | −$11M |
| DLTR Dollar Tree, Inc.exit | −$11M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $444M | 52 | +14.73% | +17.59% | -2.86% | -0.33B |
| 2025-12-31 | $766M | 61 | +12.18% | +17.72% | -5.54% | +0.01B |
| 2025-09-30 | $752M | 60 | +15.21% | +17.52% | -2.31% | +0.01B |
| 2025-06-30 | $714M | 62 | +20.44% | +14.94% | +5.50% | +0.02B |
| 2025-03-31 | $637M | 82 | +11.66% | +8.30% | +3.35% | -0.11B |
| 2024-12-31 | $760M | 264 | +21.60% | +24.89% | -3.29% | +0.32B |
| 2024-09-30 | $431M | 145 | +30.38% | +36.04% | -5.65% | -0.01B |
| 2024-06-30 | $402M | 150 | +17.19% | +24.49% | -7.30% | -0.00B |
| 2024-03-31 | $400M | 146 | +23.06% | +29.62% | -6.56% | +0.03B |
| 2023-12-31 | $344M | 145 | +20.59% | +26.18% | -5.58% | +0.14B |
| 2023-09-30 | $188M | 142 | +19.56% | +21.57% | -2.00% | -0.01B |
| 2023-06-30 | $198M | 136 | +17.75% | +19.42% | -1.67% | -0.00B |
| 2023-03-31 | $187M | 139 | -1.99% | -7.82% | +5.83% | +0.03B |
| 2022-12-31 | $153M | 138 | +9.54% | +7.56% | +1.98% | -0.01B |
| 2022-09-30 | $145M | 141 | -3.74% | -4.93% | +1.19% | -0.01B |
| 2022-06-30 | $163M | 134 | -11.54% | -16.11% | +4.57% | -0.10B |