Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+6.09%
adds when stocks drop
when a holding falls −10%+
Middle response
-2.75%
baseline attrition
Rally response
-2.72%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| TSLATesla, Inc. | $50M | 3.8% | +43.4% | 2.8 yr |
| TSMTaiwan Semiconductor Man | $41M | 3.1% | +105.6% | 7.8 yr |
| AMDAdvanced Micro Devices, | $34M | 2.6% | +98.0% | 3.5 yr |
| MSFTMicrosoft Corporation | $29M | 2.2% | -0.6% | 9.3 yr |
| GOOGLAlphabet Inc. | $26M | 2.0% | — | 9.3 yr |
| TERTeradyne, Inc. | $25M | 1.9% | +260.2% | 8.3 yr |
| AMZNAmazon.com, Inc. | $24M | 1.8% | +9.5% | 4.5 yr |
| PLTRPalantir Technologies In | $24M | 1.8% | +73.3% | 2.0 yr |
| DEDeere & Company | $23M | 1.8% | +21.2% | 5.5 yr |
| SHOPShopify Inc. | $22M | 1.7% | +24.2% | 2.5 yr |
| AAPLApple Inc. | $22M | 1.7% | +14.7% | 8.8 yr |
| JPMJPMorgan Chase & Co. | $21M | 1.6% | +21.8% | 9.3 yr |
| CRSPCRISPR Therapeutics AG | $19M | 1.4% | +39.8% | 2.0 yr |
| RBLXRoblox Corporation | $18M | 1.4% | -3.0% | 2.0 yr |
| JNJJohnson & Johnson | $18M | 1.3% | +51.5% | 9.3 yr |
Portfolio composition (YoY)
Industry mix
Software - Infrastructure13.8%-4.7pp$181M
Semiconductors11.2%+4.9pp$147M
Internet Content & Information4.9%+1.4pp$65M
Aerospace & Defense4.8%+2.4pp$63M
Biotechnology4.5%+3.5pp$59M
Auto - Manufacturers4.0%+2.8pp$52M
Software - Application3.6%+1.4pp$48M
Drug Manufacturers - General3.6%-1.2pp$48M
Financial - Capital Markets2.9%+1.9pp$39M
Industrial - Machinery2.8%-0.8pp$37M
Country
US86.5%-1.4pp
TW3.1%+0.3pp
IE2.4%-1.0pp
CA2.1%+1.0pp
CH1.5%+1.2pp
CN1.0%+0.9pp
NL0.7%+0.0pp
KY0.7%+0.3pp
Top 5: 13.7% · Top 10: 22.7% · Top 25: 40.9%
Top buys this quarter · 15
| AVGO Broadcom Inc. | +$9M |
| FIG Figma, Inc. | +$6M |
| SPGI S&P Global Inc. | +$5M |
| TEM Tempus AI, Inc. | +$15M |
| PANW Palo Alto Networks, Inc. | +$3M |
| ZTS Zoetis Inc. | +$3M |
| CRWV CoreWeave, Inc. Class A Common | +$3M |
| ISRG Intuitive Surgical, Inc. | +$2M |
| SON Sonoco Products Companynew | +$2M |
| RBLX Roblox Corporation | +$18M |
Top sells this quarter · 15
| TER Teradyne, Inc. | −$26M |
| IRDM Iridium Communications Inc. | −$10M |
| ROKU Roku, Inc. | −$6M |
| TSM Taiwan Semiconductor Manufactu | −$5M |
| PLTR Palantir Technologies Inc. | −$4M |
| TWST Twist Bioscience Corporation | −$12M |
| ABNB Airbnb, Inc.exit | −$4M |
| U Unity Software Inc.exit | −$4M |
| RKLB Rocket Lab USA, Inc. | −$3M |
| DE Deere & Company | −$22M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.32B | 290 | +11.73% | +17.59% | -5.86% | -0.04B |
| 2025-12-31 | $1.45B | 296 | +15.14% | +17.72% | -2.58% | +0.00B |
| 2025-09-30 | $1.48B | 315 | +17.24% | +17.52% | -0.27% | +0.25B |
| 2025-06-30 | $1.12B | 308 | +13.60% | +14.94% | -1.34% | +0.18B |
| 2025-03-31 | $850M | 305 | -0.50% | +8.30% | -8.80% | +0.03B |
| 2024-12-31 | $847M | 298 | +7.06% | +24.89% | -17.83% | -0.11B |
| 2024-09-30 | $959M | 323 | +14.42% | +36.04% | -21.62% | +0.04B |
| 2024-06-30 | $872M | 314 | -5.61% | +24.49% | -30.10% | +0.01B |
| 2024-03-31 | $881M | 294 | -0.73% | +29.62% | -30.35% | +0.00B |
| 2023-12-31 | $847M | 279 | +4.57% | +26.18% | -21.61% | +0.33B |
| 2023-09-30 | $487M | 241 | +4.69% | +21.57% | -16.88% | +0.03B |
| 2023-06-30 | $526M | 249 | +9.01% | +19.42% | -10.41% | -0.01B |
| 2023-03-31 | $521M | 241 | -15.46% | -7.82% | -7.64% | -0.01B |
| 2022-12-31 | $488M | 232 | +6.82% | +7.56% | -0.74% | +0.01B |
| 2022-09-30 | $445M | 216 | -9.09% | -4.93% | -4.16% | -0.01B |
| 2022-06-30 | $505M | 199 | -20.47% | -16.11% | -4.36% | +0.02B |