Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-0.31%
trims when stocks drop
when a holding falls −10%+
Middle response
-3.08%
baseline attrition
Rally response
-1.94%
trims into rallies
when a holding rises +10%+
Top positions · 21
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AMZNAmazon.com, Inc. | $62M | 19.1% | +9.5% | 10.5 yr |
| GOOGLAlphabet Inc. | $58M | 17.9% | — | 10.3 yr |
| RHLDResolute Holdings Manage | $32M | 9.9% | +417.9% | 1.0 yr |
| BIOBio-Rad Laboratories, In | $27M | 8.4% | +14.4% | 9.8 yr |
| SPYState Street SPDR S&P 50 | $22M | 6.7% | +17.6% | 10.3 yr |
| GOOGAlphabet Inc. | $20M | 6.2% | +84.3% | 10.3 yr |
| GPGIGPGI, Inc. | $17M | 5.3% | +57.3% | 4.0 yr |
| GRNDGrindr Inc. | $16M | 5.1% | -32.5% | 0.5 yr |
| DLODLocal Limited | $16M | 5.0% | +63.1% | 1.8 yr |
| PAYOPayoneer Global Inc. | $10M | 3.1% | -33.9% | 2.0 yr |
| IAUiShares Gold Trust | $7M | 2.2% | — | 5.0 yr |
| PCORProcore Technologies, In | $7M | 2.1% | -13.7% | 3.3 yr |
| VWOVanguard FTSE Emerging M | $5M | 1.7% | — | 10.3 yr |
| SMRTSmartRent, Inc. | $5M | 1.5% | +24.0% | 4.5 yr |
| MTCHMatch Group, Inc. | $5M | 1.5% | +0.1% | 2.8 yr |
Portfolio composition (YoY)
Industry mix
Internet Content & Information25.6%+6.0pp$83M
Specialty Retail19.1%-1.5pp$62M
Asset Management11.3%-1.0pp$36M
Medical - Devices10.1%-2.8pp$33M
Specialty Business Services9.9%+7.2pp$32M
Software - Application8.7%+0.5pp$28M
Software - Infrastructure8.1%-1.9pp$26M
Manufacturing - Metal Fabrication5.3%-4.7pp$17M
Biotechnology0.9%-1.9pp$3M
Education & Training Services0.8%-0.1pp$3M
Country
US95.0%-2.0pp
UY5.0%+2.0pp
Top 5: 61.9% · Top 10: 86.6% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $323M | 21 | +32.89% | +17.59% | +15.30% | -0.01B |
| 2025-12-31 | $374M | 23 | +22.39% | +17.72% | +4.67% | -0.02B |
| 2025-09-30 | $339M | 23 | +18.26% | +17.52% | +0.74% | -0.03B |
| 2025-06-30 | $311M | 22 | +7.54% | +14.94% | -7.40% | -0.01B |
| 2025-03-31 | $294M | 24 | -10.96% | +8.30% | -19.26% | -0.01B |
| 2024-12-31 | $367M | 24 | +17.49% | +24.89% | -7.39% | +0.01B |
| 2024-09-30 | $323M | 24 | +9.85% | +36.04% | -26.19% | -0.01B |
| 2024-06-30 | $307M | 25 | -1.97% | +24.49% | -26.46% | +0.02B |
| 2024-03-31 | $319M | 23 | +18.17% | +29.62% | -11.45% | +0.01B |
| 2023-12-31 | $291M | 22 | +27.89% | +26.18% | +1.72% | +0.00B |
| 2023-09-30 | $279M | 22 | +15.80% | +21.57% | -5.76% | -0.01B |
| 2023-06-30 | $294M | 22 | +6.96% | +19.42% | -12.47% | +0.03B |
| 2023-03-31 | $243M | 23 | -20.02% | -7.82% | -12.20% | -0.00B |
| 2022-12-31 | $209M | 23 | -34.42% | -18.17% | -16.25% | +0.01B |
| 2022-09-30 | $216M | 24 | -22.53% | -15.51% | -7.02% | +0.01B |
| 2022-06-30 | $232M | 24 | -13.05% | -10.62% | -2.43% | -0.02B |