Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.04%
adds when stocks drop
when a holding falls −10%+
Middle response
+8.97%
steady accumulation
Rally response
-1.50%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| ACIOAptus Collared Income Op | $682M | 5.8% | — | 6.8 yr |
| DRSKAptus Defined Risk ETF | $475M | 4.0% | — | 7.5 yr |
| VXUSVanguard Total Internati | $430M | 3.6% | — | 6.3 yr |
| SPLGSPDR Portfolio S&P 500 E | $361M | 3.0% | — | 7.5 yr |
| NVDANVIDIA Corporation | $291M | 2.5% | +60.9% | 7.3 yr |
| AAPLApple Inc. | $284M | 2.4% | +14.7% | 7.3 yr |
| OSCVOpus Small Cap Value ETF | $219M | 1.9% | — | 7.5 yr |
| MSFTMicrosoft Corporation | $199M | 1.7% | -0.6% | 7.5 yr |
| IDUBAptus International Enha | $181M | 1.5% | — | 4.8 yr |
| BSCWInvesco BulletShares 203 | $180M | 1.5% | — | 2.3 yr |
| BSCVInvesco BulletShares 203 | $175M | 1.5% | — | 3.5 yr |
| IBDXiShares iBonds Dec 2032 | $160M | 1.4% | — | 3.0 yr |
| IBDWiShares iBonds Dec 2031 | $155M | 1.3% | — | 3.5 yr |
| BSCUInvesco BulletShares 203 | $154M | 1.3% | — | 3.8 yr |
| VEAVanguard FTSE Developed | $153M | 1.3% | — | 6.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management42.6%+3.8pp$5.04B
Asset Management - Bonds8.7%-2.4pp$1.03B
Asset Management - Income6.7%+0.3pp$791M
Semiconductors4.6%+1.1pp$541M
Software - Infrastructure2.5%-0.3pp$301M
Consumer Electronics2.4%-0.3pp$284M
Internet Content & Information2.4%+0.2pp$281M
Drug Manufacturers - General1.7%+0.0pp$198M
Specialty Retail1.4%-0.3pp$168M
Banks - Regional1.3%+0.3pp$157M
Country
US97.4%-0.5pp
Unknown1.1%+0.6pp
GB0.4%-0.0pp
IE0.4%-0.0pp
CA0.2%+0.0pp
TW0.1%+0.1pp
CH0.1%+0.0pp
PA0.1%+0.0pp
Top 5: 18.9% · Top 10: 27.9% · Top 25: 45.6%
Top buys this quarter · 15
| CVX Chevron Corporation | +$18M |
| MU Micron Technology, Inc. | +$14M |
| AMAT Applied Materials, Inc. | +$9M |
| GS The Goldman Sachs Group, Inc. | +$9M |
| GEV GE Vernova Inc. | +$9M |
| INTC Intel Corporation | +$8M |
| VZ Verizon Communications Inc. | +$8M |
| AZO AutoZone, Inc. | +$8M |
| SCHW The Charles Schwab Corporation | +$8M |
| KLAC KLA Corporation | +$7M |
Top sells this quarter · 15
| LRCX Lam Research Corporation | −$36M |
| MS Morgan Stanley | −$25M |
| ADI Analog Devices, Inc. | −$23M |
| CW Curtiss-Wright Corporationexit | −$23M |
| NVDA NVIDIA Corporation | −$19M |
| FTI TechnipFMC plc | −$16M |
| NOC Northrop Grumman Corporation | −$16M |
| MAR Marriott International, Inc. | −$15M |
| AAPL Apple Inc. | −$13M |
| DE Deere & Company | −$12M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $11.84B | 1648 | +17.72% | +17.59% | +0.13% | +0.34B |
| 2025-12-31 | $11.72B | 1621 | +14.92% | +17.72% | -2.80% | +0.65B |
| 2025-09-30 | $10.91B | 1551 | +16.36% | +17.52% | -1.15% | +0.01B |
| 2025-06-30 | $10.09B | 1507 | +14.37% | +14.94% | -0.57% | +0.46B |
| 2025-03-31 | $8.80B | 1420 | +6.83% | +8.30% | -1.47% | +0.78B |
| 2024-12-31 | $8.37B | 1393 | +21.00% | +24.89% | -3.89% | +1.64B |
| 2024-09-30 | $6.56B | 1221 | +31.35% | +36.04% | -4.68% | +1.00B |
| 2024-06-30 | $5.23B | 1152 | +19.81% | +24.49% | -4.68% | +0.50B |
| 2024-03-31 | $4.63B | 1154 | +26.24% | +29.62% | -3.38% | +0.99B |
| 2023-12-31 | $3.36B | 907 | +22.92% | +26.18% | -3.26% | -0.43B |
| 2023-09-30 | $3.40B | 890 | +17.23% | +21.57% | -4.34% | +0.08B |
| 2023-06-30 | $3.42B | 777 | +15.95% | +19.42% | -3.47% | -0.35B |
| 2023-03-31 | $3.50B | 781 | -6.57% | -7.82% | +1.24% | +0.29B |
| 2022-12-31 | $3.04B | 786 | -15.65% | -18.17% | +2.53% | -0.29B |
| 2022-09-30 | $3.13B | 755 | -11.91% | -15.51% | +3.60% | +0.26B |
| 2022-06-30 | $3.00B | 645 | -7.55% | -10.62% | +3.07% | +0.18B |