Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-9.56%
trims when stocks drop
when a holding falls −10%+
Middle response
-8.93%
baseline attrition
Rally response
-11.63%
trims into rallies
when a holding rises +10%+
Top positions · 4
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| BODIThe Beachbody Company, I | $7M | 51.6% | +45.0% | 2.5 yr |
| DKNGDraftKings Inc. | $6M | 40.4% | -34.9% | 4.0 yr |
| SGOViShares 0-3 Month Treasu | $1M | 5.1% | — | 0.5 yr |
| SPYState Street SPDR S&P 50 | $0M | 2.9% | +17.6% | 0.8 yr |
Portfolio composition (YoY)
Industry mix
Internet Content & Information51.6%+49.3pp$7M
Gambling, Resorts & Casinos40.4%+33.6pp$6M
Asset Management - Bonds5.1%$1M
Asset Management2.9%+2.8pp$0M
Country
US100.0%+0.0pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| DKNG | $15M | -0.01B | -34.9% |
Top buys this quarter · 2
| SPY State Street SPDR S&P 500 ETF | +$0M |
| SGOV iShares 0-3 Month Treasury Bon | +$0M |
Top sells this quarter · 0
No sells this quarter
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $14M | 4 | -1.89% | +17.59% | -19.49% | +0.00B |
| 2025-12-31 | $17M | 4 | +10.64% | +17.72% | -7.08% | +0.00B |
| 2025-09-30 | $14M | 2 | -5.91% | +17.52% | -23.43% | -0.28B |
| 2025-06-30 | $309M | 4 | -0.09% | +14.94% | -15.03% | +0.07B |
| 2025-03-31 | $214M | 4 | -21.90% | +8.30% | -30.20% | -0.06B |
| 2024-12-31 | $303M | 3 | +8.99% | +24.89% | -15.90% | +0.08B |
| 2024-09-30 | $223M | 5 | +29.48% | +36.04% | -6.56% | +0.02B |
| 2024-06-30 | $205M | 5 | +42.71% | +24.49% | +18.22% | +0.00B |
| 2024-03-31 | $235M | 5 | +117.94% | +29.62% | +88.31% | -0.22B |
| 2023-12-31 | $357M | 4 | +168.79% | +26.18% | +142.61% | -0.05B |
| 2023-09-30 | $346M | 4 | +80.51% | +21.57% | +58.95% | -0.09B |
| 2023-06-30 | $395M | 5 | +96.09% | +19.42% | +76.66% | -0.26B |
| 2023-03-31 | $499M | 15 | -1.69% | -7.82% | +6.12% | -0.14B |
| 2022-12-31 | $404M | 15 | -21.24% | +7.56% | -28.81% | -0.01B |
| 2022-09-30 | $520M | 15 | +20.06% | -4.93% | +24.99% | -0.16B |
| 2022-06-30 | $569M | 14 | -34.12% | -16.11% | -18.01% | +0.02B |