Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-0.24%
trims when stocks drop
when a holding falls −10%+
Middle response
+2.81%
steady accumulation
Rally response
+3.81%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| XOMExxon Mobil Corporation | $229M | 14.5% | +47.6% | 11.3 yr |
| NVDANVIDIA Corporation | $52M | 3.3% | +60.9% | 9.0 yr |
| AAPLApple Inc. | $32M | 2.0% | +14.7% | 11.3 yr |
| MSFTMicrosoft Corporation | $29M | 1.8% | -0.6% | 10.8 yr |
| AVGOBroadcom Inc. | $26M | 1.6% | +86.0% | 7.3 yr |
| IAUiShares Gold Trust | $22M | 1.4% | — | 5.0 yr |
| QQQInvesco QQQ Trust, Serie | $22M | 1.4% | — | 8.0 yr |
| SCHGSchwab U.S. Large-Cap Gr | $22M | 1.4% | — | 7.3 yr |
| IVWiShares S&P 500 Growth E | $21M | 1.3% | — | 11.3 yr |
| IVViShares Core S&P 500 ETF | $20M | 1.3% | — | 11.0 yr |
| — | $20M | 1.2% | — | 0.5 yr |
| BOXXAlpha Architect 1-3 Mont | $19M | 1.2% | — | 2.0 yr |
| AMZNAmazon.com, Inc. | $19M | 1.2% | +9.5% | 10.0 yr |
| BALTInnovator Defined Wealth | $16M | 1.0% | — | 4.5 yr |
| SCHVSchwab U.S. Large-Cap Va | $16M | 1.0% | — | 7.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management41.4%+0.0pp$656M
Oil & Gas Integrated14.9%+0.9pp$237M
Semiconductors6.3%+1.2pp$100M
Software - Infrastructure3.1%-0.3pp$49M
Unknown2.9%+1.9pp$46M
Drug Manufacturers - General2.3%-0.3pp$37M
Internet Content & Information2.1%+0.2pp$33M
Consumer Electronics2.0%-0.3pp$32M
Asset Management - Income1.9%-0.0pp$30M
Specialty Retail1.6%-0.4pp$26M
Country
US95.5%-1.7pp
Unknown2.9%+1.9pp
CA0.4%-0.1pp
GB0.3%+0.1pp
IE0.2%-0.0pp
TW0.2%+0.1pp
CN0.1%-0.1pp
NL0.1%-0.0pp
Top 5: 23.2% · Top 10: 30.0% · Top 25: 43.1%
Top buys this quarter · 15
| SNDK Sandisk Corporation | +$12M |
| MU Micron Technology, Inc. | +$5M |
| TLN Talen Energy Corporation | +$2M |
| MCK McKesson Corporation | +$2M |
| HCA HCA Healthcare, Inc. | +$2M |
| NFLX Netflix, Inc. | +$1M |
| CPT Camden Property Trust | +$1M |
| ARCC Ares Capital Corporation | +$1M |
| UNH UnitedHealth Group Incorporate | +$1M |
| AZN AstraZeneca PLCnew | +$1M |
Top sells this quarter · 15
| NVDA NVIDIA Corporation | −$7M |
| XOM Exxon Mobil Corporation | −$165M |
| PLTR Palantir Technologies Inc. | −$2M |
| PLNT Planet Fitness, Inc. | −$2M |
| VZ Verizon Communications Inc. | −$1M |
| IREN IREN Limited | −$1M |
| GKOS Glaukos Corporation | −$1M |
| APP AppLovin Corporation | −$1M |
| ACN Accenture plc | −$1M |
| NVO Novo Nordisk A/S | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.58B | 2952 | +28.17% | +17.59% | +10.58% | -0.02B |
| 2025-12-31 | $1.50B | 2780 | +17.64% | +17.72% | -0.08% | +0.01B |
| 2025-09-30 | $1.45B | 2698 | +18.03% | +17.52% | +0.52% | +0.21B |
| 2025-06-30 | $1.13B | 1789 | +14.20% | +14.94% | -0.74% | -0.07B |
| 2025-03-31 | $1.12B | 1788 | +8.90% | +8.30% | +0.60% | +0.01B |
| 2024-12-31 | $1.14B | 1806 | +20.00% | +24.89% | -4.88% | +0.09B |
| 2024-09-30 | $1.02B | 1845 | +27.53% | +36.04% | -8.51% | -0.01B |
| 2024-06-30 | $978M | 1761 | +18.04% | +24.49% | -6.45% | +0.06B |
| 2024-03-31 | $896M | 1726 | +21.78% | +29.62% | -7.84% | +0.04B |
| 2023-12-31 | $794M | 1692 | +20.14% | +26.18% | -6.04% | +0.00B |
| 2023-09-30 | $723M | 1760 | +18.46% | +21.57% | -3.11% | +0.04B |
| 2023-06-30 | $695M | 1689 | +14.55% | +19.42% | -4.87% | +0.04B |
| 2023-03-31 | $622M | 1640 | -6.34% | -7.82% | +1.47% | +0.08B |
| 2022-12-31 | $512M | 453 | -16.06% | -18.17% | +2.12% | +0.00B |
| 2022-09-30 | $473M | 427 | -13.49% | -15.51% | +2.02% | +0.03B |
| 2022-06-30 | $473M | 436 | -8.14% | -10.62% | +2.48% | +0.00B |