Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.57%
adds when stocks drop
when a holding falls −10%+
Middle response
+1.33%
steady accumulation
Rally response
-1.71%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $57M | 4.1% | +14.7% | 10.5 yr |
| — | $48M | 3.5% | — | 1.0 yr |
| GOOGAlphabet Inc. | $39M | 2.8% | +84.3% | 9.5 yr |
| SCHDSchwab U.S. Dividend Equ | $36M | 2.6% | — | 3.8 yr |
| JEPIJPMorgan Equity Premium | $34M | 2.4% | — | 4.0 yr |
| NVDANVIDIA Corporation | $30M | 2.2% | +60.9% | 6.3 yr |
| MSFTMicrosoft Corporation | $28M | 2.0% | -0.6% | 10.5 yr |
| AMZNAmazon.com, Inc. | $27M | 2.0% | +9.5% | 9.5 yr |
| BGBBlackstone/GSO Strategic | $27M | 2.0% | — | 9.5 yr |
| XOMExxon Mobil Corporation | $25M | 1.8% | +47.6% | 10.5 yr |
| IAUiShares Gold Trust | $25M | 1.8% | — | 5.0 yr |
| EIPIFT Energy Income Partner | $23M | 1.6% | — | 2.0 yr |
| IQLTiShares MSCI Intl Qualit | $20M | 1.5% | — | 1.5 yr |
| GOOGLAlphabet Inc. | $20M | 1.4% | — | 10.0 yr |
| SCHBSchwab U.S. Broad Market | $18M | 1.3% | — | 3.8 yr |
Portfolio composition (YoY)
Industry mix
Asset Management37.3%+4.6pp$520M
Semiconductors5.7%+1.4pp$80M
Internet Content & Information5.0%+0.8pp$70M
Asset Management - Income4.1%-1.2pp$57M
Consumer Electronics4.1%-0.5pp$57M
Drug Manufacturers - General3.9%-0.7pp$55M
Unknown3.8%+3.6pp$53M
Software - Infrastructure3.3%-0.6pp$46M
Asset Management - Bonds2.5%+0.1pp$35M
Oil & Gas Integrated2.3%+0.3pp$32M
Country
US93.3%-4.2pp
Unknown3.8%+3.6pp
NL1.0%+0.5pp
IE0.7%-0.2pp
CA0.3%+0.1pp
GB0.2%+0.1pp
CH0.2%-0.0pp
IL0.2%+0.1pp
Top 5: 15.3% · Top 10: 25.3% · Top 25: 43.6%
Top buys this quarter · 15
| XOM Exxon Mobil Corporation | +$15M |
| GBDC Golub Capital BDC, Inc. | +$10M |
| CRWD CrowdStrike Holdings, Inc. | +$3M |
| BSX Boston Scientific Corporation | +$2M |
| DKNG DraftKings Inc. | +$6M |
| PANW Palo Alto Networks, Inc. | +$2M |
| CW Curtiss-Wright Corporationnew | +$2M |
| REGN Regeneron Pharmaceuticals, Incnew | +$1M |
| ETOR eToro Group Ltd. | +$1M |
| INTU Intuit Inc. | +$3M |
Top sells this quarter · 15
| GPOR Gulfport Energy Corporationexit | −$2M |
| WELL Welltower Inc. | −$1M |
| CSL Carlisle Companies Incorporate | −$1M |
| MRK Merck & Co., Inc. | −$1M |
| WMT Walmart Inc. | −$8M |
| MU Micron Technology, Inc. | −$9M |
| GOOG Alphabet Inc. | −$0M |
| AMP Ameriprise Financial, Inc. | −$0M |
| AMAT Applied Materials, Inc. | −$3M |
| TXN Texas Instruments Incorporated | −$4M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.39B | 441 | +18.39% | +17.59% | +0.80% | +0.13B |
| 2025-12-31 | $1.32B | 456 | +30.25% | +17.72% | +12.54% | -0.02B |
| 2025-09-30 | $1.30B | 455 | +33.92% | +17.52% | +16.40% | -0.01B |
| 2025-06-30 | $1.20B | 442 | +26.43% | +14.94% | +11.49% | -0.01B |
| 2025-03-31 | $1.10B | 420 | +5.87% | +8.30% | -2.43% | +0.68B |
| 2024-12-31 | $397M | 163 | -4.02% | +24.89% | -28.91% | -0.03B |
| 2024-09-30 | $403M | 172 | -8.15% | +36.04% | -44.19% | -0.01B |
| 2024-06-30 | $403M | 169 | -2.70% | +24.49% | -27.19% | +0.00B |
| 2024-03-31 | $434M | 177 | +16.47% | +29.62% | -13.15% | +0.06B |
| 2023-12-31 | $390M | 175 | +33.29% | +26.18% | +7.12% | +0.01B |
| 2023-09-30 | $373M | 172 | +19.87% | +21.57% | -1.70% | -0.08B |
| 2023-06-30 | $414M | 179 | +7.65% | +19.42% | -11.78% | -0.02B |
| 2023-03-31 | $396M | 173 | -38.58% | -7.82% | -30.77% | +0.01B |
| 2022-12-31 | $352M | 173 | -46.45% | -18.17% | -28.28% | +0.01B |
| 2022-09-30 | $372M | 177 | -34.77% | -15.51% | -19.26% | +0.05B |
| 2022-06-30 | $329M | 181 | -33.04% | -10.62% | -22.42% | +0.06B |