Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+13.15%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.09%
steady accumulation
Rally response
-17.50%
trims into rallies
when a holding rises +10%+
Top positions · 24
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| SPYState Street SPDR S&P 50 | $69M | 31.0% | +17.6% | 1.3 yr |
| URGUr-Energy Inc. | $20M | 9.1% | +121.0% | 4.5 yr |
| DNNDenison Mines Corp. | $10M | 4.6% | +171.5% | 4.5 yr |
| MANManpowerGroup Inc. | $10M | 4.5% | -46.9% | 0.8 yr |
| MTRXMatrix Service Company | $9M | 4.2% | -7.6% | 4.5 yr |
| — | $9M | 4.1% | — | 3.3 yr |
| GPORGulfport Energy Corporat | $9M | 4.0% | +14.9% | 1.0 yr |
| TMSTTimkenSteel Corporation | $9M | 4.0% | — | 1.5 yr |
| NXENexGen Energy Ltd. | $8M | 3.6% | +158.4% | 4.5 yr |
| IPIIntrepid Potash, Inc. | $7M | 3.3% | +45.5% | 3.0 yr |
| UUUUEnergy Fuels Inc. | $7M | 3.1% | +389.3% | 4.5 yr |
| — | $6M | 2.8% | — | 0.3 yr |
| MPAAMotorcar Parts of Americ | $6M | 2.6% | +16.4% | 4.5 yr |
| EIGEmployers Holdings, Inc. | $6M | 2.6% | -16.3% | 0.5 yr |
| CCJCameco Corporation | $5M | 2.5% | +164.4% | 4.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management31.0%-2.0pp$69M
Uranium22.8%+5.0pp$51M
Auto - Parts6.9%-0.1pp$15M
Unknown6.9%+3.0pp$15M
Oil & Gas Exploration & Production6.3%+5.8pp$14M
Staffing & Employment Services6.2%+3.1pp$14M
Engineering & Construction4.3%+0.4pp$10M
Steel4.0%+0.1pp$9M
Agricultural Inputs3.3%-0.6pp$7M
Insurance - Specialty2.6%$6M
Country
US82.5%-1.9pp
CA10.6%-1.1pp
Unknown6.9%+3.0pp
Top 5: 53.4% · Top 10: 72.3% · Top 25: 100.0%
Top buys this quarter · 11
| — | +$9M |
| TMST TimkenSteel Corporation | +$0M |
| — new | +$0M |
| MPAA Motorcar Parts of America, Inc | +$4M |
| MLR Miller Industries, Inc. | +$3M |
| EIG Employers Holdings, Inc. | +$3M |
| AVT Avnet, Inc.new | +$3M |
| MAN ManpowerGroup Inc. | +$1M |
| MTRX Matrix Service Company | +$1M |
| GPOR Gulfport Energy Corporation | +$1M |
Top sells this quarter · 15
| AGX Argan, Inc. | −$25M |
| KMT Kennametal Inc.exit | −$8M |
| EXK Endeavour Silver Corp.exit | −$6M |
| COHU Cohu, Inc. | −$5M |
| IPI Intrepid Potash, Inc. | −$5M |
| NXE NexGen Energy Ltd. | −$5M |
| CCJ Cameco Corporation | −$4M |
| SCHL Scholastic Corporationexit | −$2M |
| VPG Vishay Precision Group, Inc.exit | −$2M |
| SD SandRidge Energy, Inc. | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $223M | 24 | +74.73% | +17.59% | +57.14% | -0.04B |
| 2025-12-31 | $228M | 25 | +28.80% | +17.72% | +11.08% | -0.02B |
| 2025-09-30 | $252M | 24 | +25.60% | +17.52% | +8.08% | -0.02B |
| 2025-06-30 | $220M | 24 | +6.03% | +14.94% | -8.91% | -0.00B |
| 2025-03-31 | $180M | 23 | -19.99% | +8.30% | -28.29% | -0.01B |
| 2024-12-31 | $223M | 22 | -2.07% | +24.89% | -26.96% | +0.00B |
| 2024-09-30 | $225M | 20 | +7.45% | +36.04% | -28.59% | -0.00B |
| 2024-06-30 | $222M | 21 | +28.76% | +24.49% | +4.27% | +0.00B |
| 2024-03-31 | $238M | 23 | +48.85% | +29.62% | +19.23% | +0.00B |
| 2023-12-31 | $225M | 23 | +38.01% | +26.18% | +11.84% | +0.01B |
| 2023-09-30 | $202M | 21 | +36.92% | +21.57% | +15.35% | +0.05B |
| 2023-06-30 | $120M | 21 | +9.96% | +19.42% | -9.47% | +0.00B |
| 2023-03-31 | $111M | 19 | -19.63% | -7.82% | -11.82% | +0.01B |
| 2022-12-31 | $107M | 18 | +5.90% | +7.56% | -1.66% | +0.01B |
| 2022-09-30 | $91M | 18 | -1.02% | -4.93% | +3.91% | +0.00B |
| 2022-06-30 | $92M | 18 | -21.82% | -16.11% | -5.71% | +0.00B |