Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+6.01%
adds when stocks drop
when a holding falls −10%+
Middle response
+3.39%
steady accumulation
Rally response
+3.94%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $221M | 3.6% | +14.7% | 7.3 yr |
| VOOVanguard S&P 500 ETF | $143M | 2.4% | — | 7.5 yr |
| MSFTMicrosoft Corporation | $104M | 1.7% | -0.6% | 7.5 yr |
| SPLGSPDR Portfolio S&P 500 E | $90M | 1.5% | — | 2.5 yr |
| NVDANVIDIA Corporation | $83M | 1.4% | +60.9% | 5.5 yr |
| AMZNAmazon.com, Inc. | $80M | 1.3% | +9.5% | 7.5 yr |
| GOOGLAlphabet Inc. | $78M | 1.3% | — | 7.0 yr |
| JPMJPMorgan Chase & Co. | $71M | 1.2% | +21.8% | 6.0 yr |
| IVViShares Core S&P 500 ETF | $69M | 1.1% | — | 7.5 yr |
| BIVVanguard Intermediate-Te | $61M | 1.0% | — | 6.0 yr |
| SCHVSchwab U.S. Large-Cap Va | $60M | 1.0% | — | 5.8 yr |
| GOOGAlphabet Inc. | $56M | 0.9% | +84.3% | 3.8 yr |
| VEAVanguard FTSE Developed | $55M | 0.9% | — | 7.5 yr |
| AVGOBroadcom Inc. | $55M | 0.9% | +86.0% | 4.5 yr |
| METAMeta Platforms, Inc. | $54M | 0.9% | -0.4% | 6.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management48.3%+3.6pp$2.94B
Asset Management - Bonds5.4%-0.4pp$330M
Semiconductors4.5%+1.4pp$272M
Consumer Electronics3.6%+0.0pp$222M
Internet Content & Information3.1%+0.3pp$190M
Drug Manufacturers - General2.4%+0.1pp$146M
Software - Infrastructure2.3%-0.2pp$141M
Banks - Diversified1.9%-0.1pp$113M
Specialty Retail1.6%-0.1pp$95M
Asset Management - Income1.4%-0.1pp$84M
Country
US95.9%-0.1pp
IE1.1%-0.5pp
CA0.9%+0.4pp
Unknown0.5%+0.3pp
TW0.4%+0.1pp
CH0.3%-0.1pp
GB0.3%-0.1pp
NL0.2%-0.0pp
Top 5: 10.5% · Top 10: 16.4% · Top 25: 29.1%
Top buys this quarter · 15
| RYN Rayonier Inc.new | +$7M |
| OTF Blue Owl Technology Finance Co | +$4M |
| MSFT Microsoft Corporation | +$104M |
| ICE Intercontinental Exchange, Inc | +$3M |
| AZN AstraZeneca PLCnew | +$3M |
| LLY Eli Lilly and Company | +$25M |
| WDC Western Digital Corporation | +$3M |
| AON Aon plc | +$2M |
| UBER Uber Technologies, Inc. | +$2M |
| DELL Dell Technologies Inc. | +$2M |
Top sells this quarter · 15
| UNH UnitedHealth Group Incorporate | −$4M |
| XOM Exxon Mobil Corporation | −$36M |
| RPRX Royalty Pharma plc | −$2M |
| BAC Bank of America Corporation | −$2M |
| DEO Diageo plc | −$2M |
| WMT Walmart Inc. | −$36M |
| PEG Public Service Enterprise Grou | −$2M |
| EBAY eBay Inc. | −$2M |
| MDT Medtronic plc | −$2M |
| GS The Goldman Sachs Group, Inc. | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $6.09B | 1547 | +14.47% | +17.59% | -3.12% | +0.20B |
| 2025-12-31 | $6.06B | 1507 | +13.57% | +17.72% | -4.15% | +1.15B |
| 2025-09-30 | $4.80B | 1220 | +12.73% | +17.52% | -4.79% | +0.18B |
| 2025-06-30 | $4.32B | 1116 | +13.20% | +14.94% | -1.74% | +0.26B |
| 2025-03-31 | $3.77B | 1040 | +7.26% | +8.30% | -1.04% | +0.28B |
| 2024-12-31 | $3.62B | 994 | +16.82% | +24.89% | -8.07% | +0.40B |
| 2024-09-30 | $3.16B | 896 | +27.25% | +36.04% | -8.78% | +1.48B |
| 2024-06-30 | $1.57B | 615 | +15.27% | +24.49% | -9.22% | +0.86B |
| 2024-03-31 | $698M | 392 | +24.08% | +29.62% | -5.54% | -0.11B |
| 2023-12-31 | $769M | 374 | +25.61% | +26.18% | -0.56% | +0.21B |
| 2023-09-30 | $504M | 263 | +17.42% | +21.57% | -4.15% | +0.00B |
| 2023-06-30 | $515M | 258 | +17.06% | +19.42% | -2.37% | -0.01B |
| 2023-03-31 | $479M | 238 | -9.42% | -7.82% | -1.60% | +0.02B |
| 2022-12-31 | $435M | 237 | -18.68% | -18.17% | -0.50% | +0.00B |
| 2022-09-30 | $420M | 240 | -12.62% | -15.51% | +2.88% | -0.04B |
| 2022-06-30 | $474M | 255 | -9.32% | -10.62% | +1.30% | +0.07B |