Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.91%
adds when stocks drop
when a holding falls −10%+
Middle response
+2.04%
steady accumulation
Rally response
-2.39%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| IVEiShares S&P 500 Value ET | $151M | 7.9% | — | 10.0 yr |
| IVWiShares S&P 500 Growth E | $132M | 6.9% | — | 10.0 yr |
| IEFAiShares Core MSCI EAFE E | $91M | 4.7% | — | 10.0 yr |
| VOOVanguard S&P 500 ETF | $66M | 3.4% | — | 9.3 yr |
| FBNDFidelity Total Bond ETF | $59M | 3.1% | — | 7.3 yr |
| AAPLApple Inc. | $53M | 2.8% | +14.7% | 10.3 yr |
| IVViShares Core S&P 500 ETF | $36M | 1.9% | — | 9.8 yr |
| BILState Street SPDR Bloomb | $35M | 1.8% | — | 5.3 yr |
| MDYGState Street SPDR S&P 40 | $34M | 1.8% | — | 6.8 yr |
| IJJiShares S&P Mid-Cap 400 | $33M | 1.7% | — | 10.0 yr |
| USMViShares MSCI USA Min Vol | $30M | 1.6% | — | 9.8 yr |
| IJRiShares Core S&P Small-C | $29M | 1.5% | — | 10.0 yr |
| NVDANVIDIA Corporation | $26M | 1.3% | +60.9% | 8.5 yr |
| DFACDimensional - US Core Eq | $25M | 1.3% | — | 5.0 yr |
| ITOTiShares Core S&P Total U | $25M | 1.3% | — | 10.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management61.7%+2.7pp$1.18B
Asset Management - Bonds5.2%-3.1pp$99M
Semiconductors3.2%+1.4pp$62M
Consumer Electronics2.8%-0.1pp$54M
Internet Content & Information2.1%+0.5pp$40M
Drug Manufacturers - General1.8%-0.0pp$34M
Software - Infrastructure1.6%-0.1pp$30M
Medical - Devices1.4%-0.4pp$26M
Insurance - Diversified1.1%-0.4pp$22M
Banks - Diversified1.1%+0.1pp$21M
Country
US97.3%-0.5pp
GB0.5%+0.1pp
TW0.4%+0.2pp
Unknown0.4%+0.2pp
CA0.3%+0.1pp
IE0.3%-0.0pp
CH0.1%-0.0pp
NL0.1%+0.1pp
Top 5: 26.0% · Top 10: 36.0% · Top 25: 52.4%
Top buys this quarter · 15
| NVDA NVIDIA Corporation | +$2M |
| AAPL Apple Inc. | +$53M |
| AZN AstraZeneca PLCnew | +$1M |
| MSFT Microsoft Corporation | +$19M |
| SNA Snap-on Incorporated | +$1M |
| GNTX Gentex Corporation | +$1M |
| PG The Procter & Gamble Company | +$1M |
| ZM Zoom Communications, Inc. | +$1M |
| PHM PulteGroup, Inc. | +$1M |
| HNI HNI Corporationnew | +$1M |
Top sells this quarter · 15
| WMT Walmart Inc. | −$1M |
| JNJ Johnson & Johnson | −$9M |
| OXY Occidental Petroleum Corporati | −$1M |
| ADM Archer-Daniels-Midland Company | −$1M |
| CAT Caterpillar Inc. | −$3M |
| DOW Dow Inc. | −$2M |
| MPC Marathon Petroleum Corporation | −$1M |
| ARIS Aris Mining Corporationexit | −$0M |
| RRX Regal Rexnord Corporationexit | −$0M |
| PH Parker-Hannifin Corporation | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.92B | 673 | +15.10% | +17.59% | -2.49% | +0.05B |
| 2025-12-31 | $1.92B | 644 | +14.40% | +17.72% | -3.32% | +0.05B |
| 2025-09-30 | $1.82B | 631 | +12.12% | +17.52% | -5.40% | +0.06B |
| 2025-06-30 | $1.65B | 607 | +13.18% | +14.94% | -1.76% | -0.05B |
| 2025-03-31 | $1.59B | 599 | +7.33% | +8.30% | -0.97% | +0.06B |
| 2024-12-31 | $1.58B | 595 | +19.77% | +24.89% | -5.12% | +0.04B |
| 2024-09-30 | $1.53B | 590 | +32.11% | +36.04% | -3.93% | +0.02B |
| 2024-06-30 | $1.39B | 572 | +18.11% | +24.49% | -6.38% | +0.03B |
| 2024-03-31 | $1.34B | 568 | +23.98% | +29.62% | -5.64% | +0.03B |
| 2023-12-31 | $1.20B | 545 | +21.32% | +26.18% | -4.85% | +0.02B |
| 2023-09-30 | $1.07B | 510 | +14.88% | +21.57% | -6.69% | -0.03B |
| 2023-06-30 | $1.13B | 577 | +11.75% | +19.42% | -7.68% | +0.00B |
| 2023-03-31 | $1.06B | 529 | -9.72% | -7.82% | -1.90% | +0.03B |
| 2022-12-31 | $973M | 538 | -18.80% | -18.17% | -0.62% | +0.03B |
| 2022-09-30 | $898M | 508 | -14.11% | -15.51% | +1.40% | +0.05B |
| 2022-06-30 | $900M | 486 | -8.23% | -10.62% | +2.39% | +0.00B |