Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.59%
trims when stocks drop
when a holding falls −10%+
Middle response
-2.66%
baseline attrition
Rally response
-3.41%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| KOThe Coca-Cola Company | $47M | 16.9% | +9.3% | 10.5 yr |
| MOODRelative Sentiment Tacti | $29M | 10.5% | — | 0.3 yr |
| DVYiShares Select Dividend | $22M | 7.7% | — | 5.8 yr |
| GRNYTidal Trust III - Fundst | $18M | 6.4% | — | 0.5 yr |
| TCAFT. Rowe Price Capital Ap | $15M | 5.4% | — | 2.5 yr |
| JPSTJPMorgan Ultra-Short Inc | $13M | 4.8% | — | 7.8 yr |
| IWViShares Russell 3000 ETF | $7M | 2.6% | — | 0.5 yr |
| QQQInvesco QQQ Trust, Serie | $7M | 2.6% | — | 7.5 yr |
| IJHiShares Core S&P Mid-Cap | $7M | 2.4% | — | 10.5 yr |
| DFHDream Finders Homes, Inc | $7M | 2.4% | -38.3% | 5.3 yr |
| OWLBlue Owl Capital Inc. | $6M | 2.2% | -51.8% | 0.3 yr |
| ACWXiShares MSCI ACWI ex U.S | $6M | 2.1% | — | 1.0 yr |
| GLDMSPDR Gold MiniShares Tru | $5M | 1.9% | — | 0.5 yr |
| SIVRabrdn Physical Silver Sh | $4M | 1.5% | — | 0.8 yr |
| AAPLApple Inc. | $4M | 1.4% | +14.7% | 10.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management57.7%+17.4pp$161M
Beverages - Non-Alcoholic17.2%-0.9pp$48M
Asset Management - Income5.1%-0.2pp$14M
Banks - Regional3.9%+0.7pp$11M
Residential Construction2.4%-8.9pp$7M
Consumer Electronics1.4%+0.0pp$4M
Internet Content & Information1.1%+0.0pp$3M
Financial - Capital Markets1.0%-1.1pp$3M
Semiconductors0.9%+0.6pp$3M
Software - Application0.9%-1.4pp$3M
Country
US99.3%-0.2pp
KR0.2%-0.1pp
CA0.1%+0.0pp
BM0.1%
FI0.1%
IE0.1%-0.0pp
KY0.0%
Unknown0.0%-0.0pp
Top 5: 46.9% · Top 10: 61.7% · Top 25: 80.6%
Top buys this quarter · 15
| OWL Blue Owl Capital Inc.new | +$6M |
| KDP Keurig Dr Pepper Inc.new | +$1M |
| CCB Coastal Financial Corporation | +$1M |
| AVGO Broadcom Inc. | +$0M |
| TBBK The Bancorp, Inc. | +$0M |
| FNWB First Northwest Bancorp | +$0M |
| JAZZ Jazz Pharmaceuticals plcnew | +$0M |
| NOK Nokia Oyj | +$0M |
| PRIM Primoris Services Corporationnew | +$0M |
| LITE Lumentum Holdings Inc.new | +$0M |
Top sells this quarter · 15
| DFH Dream Finders Homes, Inc. | −$6M |
| RTX RTX Corporation | −$1M |
| AEE Ameren Corporationexit | −$1M |
| TSLA Tesla, Inc. | −$1M |
| MSFT Microsoft Corporation | −$1M |
| HD The Home Depot, Inc. | −$1M |
| ABT Abbott Laboratoriesexit | −$1M |
| JPM JPMorgan Chase & Co. | −$1M |
| ROP Roper Technologies, Inc.exit | −$1M |
| MRK Merck & Co., Inc.exit | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $278M | 121 | +4.58% | +17.59% | -13.01% | +0.01B |
| 2025-12-31 | $279M | 144 | +8.96% | +17.72% | -8.76% | +0.06B |
| 2025-09-30 | $229M | 118 | -6.88% | +17.52% | -24.40% | -0.01B |
| 2025-06-30 | $231M | 124 | +6.36% | +14.94% | -8.58% | -0.04B |
| 2025-03-31 | $249M | 118 | -20.78% | +8.30% | -29.08% | -0.07B |
| 2024-12-31 | $315M | 109 | -7.48% | +24.89% | -32.36% | +0.09B |
| 2024-09-30 | $276M | 113 | +44.61% | +36.04% | +8.57% | -0.03B |
| 2024-06-30 | $260M | 111 | +16.69% | +24.49% | -7.80% | +0.01B |
| 2024-03-31 | $316M | 110 | +90.09% | +29.62% | +60.46% | -0.02B |
| 2023-12-31 | $285M | 107 | +82.41% | +26.18% | +56.23% | -0.14B |
| 2023-09-30 | $326M | 125 | +42.63% | +21.57% | +21.07% | +0.01B |
| 2023-06-30 | $335M | 120 | +43.69% | +19.42% | +24.27% | -0.05B |
| 2023-03-31 | $293M | 117 | +1.38% | -7.82% | +9.20% | +0.01B |
| 2022-12-31 | $250M | 370 | -15.10% | -18.17% | +3.07% | +0.01B |
| 2022-09-30 | $239M | 101 | -6.92% | -15.51% | +8.59% | +0.02B |
| 2022-06-30 | $229M | 107 | -1.71% | -10.62% | +8.91% | -0.03B |