Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+8.11%
adds when stocks drop
when a holding falls −10%+
Middle response
-3.46%
baseline attrition
Rally response
-4.47%
trims into rallies
when a holding rises +10%+
Top positions · 3
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| KRMNKarman Holdings Inc. | $355M | 96.8% | +139.5% | 0.8 yr |
| MDLNMedline Inc. | $6M | 1.6% | — | 0.5 yr |
| NABLN-able, Inc. | $6M | 1.6% | -34.1% | 4.8 yr |
Portfolio composition (YoY)
Industry mix
Aerospace & Defense96.8%$355M
Medical - Instruments & Supplies1.6%$6M
Information Technology Services1.6%-81.0pp$6M
Country
US100.0%+0.0pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Top buys this quarter · 0
No buys this quarter
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $366M | 3 | +71.55% | +17.59% | +53.95% | -0.00B |
| 2025-12-31 | $339M | 5 | +57.43% | +17.72% | +39.71% | +0.01B |
| 2025-09-30 | $330M | 4 | +28.94% | +17.52% | +11.42% | +0.32B |
| 2025-06-30 | $10M | 1 | -2.09% | +14.94% | -17.03% | -0.00B |
| 2025-03-31 | $11M | 4 | -6.78% | +8.30% | -15.08% | -0.07B |
| 2024-12-31 | $83M | 6 | -10.52% | +24.89% | -35.40% | +0.00B |
| 2024-09-30 | $94M | 3 | +15.48% | +36.04% | -20.56% | +0.00B |
| 2024-06-30 | $89M | 3 | +6.27% | +24.49% | -18.22% | -0.06B |
| 2024-03-31 | $140M | 4 | -7.70% | +29.62% | -37.32% | -0.00B |
| 2023-12-31 | $152M | 9 | +5.41% | +26.18% | -20.77% | +0.01B |
| 2023-09-30 | $136M | 4 | -1.53% | +21.57% | -23.10% | -0.01B |
| 2023-06-30 | $148M | 7 | -1.12% | +19.42% | -20.54% | +0.00B |
| 2023-03-31 | $156M | 5 | -5.56% | -7.82% | +2.26% | -0.04B |
| 2022-12-31 | $180M | 6 | -0.09% | +7.56% | -7.65% | -0.00B |
| 2022-09-30 | $183M | 7 | -2.26% | -4.93% | +2.67% | -0.01B |
| 2022-06-30 | $194M | 7 | -11.02% | -16.11% | +5.09% | -0.00B |