Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+4.36%
adds when stocks drop
when a holding falls −10%+
Middle response
+1.35%
steady accumulation
Rally response
+1.57%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $231M | 13.7% | +60.9% | 9.3 yr |
| AAPLApple Inc. | $146M | 8.7% | +14.7% | 11.5 yr |
| AMZNAmazon.com, Inc. | $129M | 7.7% | +9.5% | 11.0 yr |
| GOOGLAlphabet Inc. | $125M | 7.4% | — | 10.5 yr |
| NFLXNetflix, Inc. | $97M | 5.8% | +3.1% | 11.5 yr |
| JEPIJPMorgan Equity Premium | $55M | 3.3% | — | 3.3 yr |
| AVGOBroadcom Inc. | $53M | 3.2% | +86.0% | 6.8 yr |
| LLYEli Lilly and Company | $48M | 2.9% | +12.2% | 5.3 yr |
| SOXLDirexion Daily Semicondu | $32M | 1.9% | — | 6.8 yr |
| ISRGIntuitive Surgical, Inc. | $30M | 1.8% | -6.9% | 8.0 yr |
| MSFTMicrosoft Corporation | $26M | 1.6% | -0.6% | 11.0 yr |
| REGNRegeneron Pharmaceutical | $24M | 1.4% | +22.5% | 11.5 yr |
| CRWDCrowdStrike Holdings, In | $24M | 1.4% | +10.7% | 3.8 yr |
| JEPQJPMorgan Nasdaq Equity P | $20M | 1.2% | — | 1.5 yr |
| DFENDirexion Daily Aerospace | $19M | 1.2% | — | 8.8 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors18.6%+2.3pp$312M
Asset Management12.4%-0.5pp$208M
Internet Content & Information9.2%+2.4pp$154M
Consumer Electronics8.7%-1.3pp$146M
Specialty Retail8.0%-2.0pp$134M
Entertainment5.8%-1.9pp$97M
Asset Management - Income4.6%+3.4pp$78M
Drug Manufacturers - General3.5%-0.8pp$58M
Software - Infrastructure3.3%+0.4pp$56M
Aerospace & Defense3.1%+0.7pp$53M
Country
US98.0%+1.1pp
DK0.8%-1.3pp
GB0.3%-0.1pp
LU0.2%
CA0.1%+0.0pp
UY0.1%-0.1pp
TW0.1%+0.1pp
Unknown0.1%-0.2pp
Top 5: 43.3% · Top 10: 56.3% · Top 25: 72.7%
Top buys this quarter · 15
| NOW ServiceNow, Inc. | +$3M |
| CEG Constellation Energy Corporati | +$2M |
| CRWD CrowdStrike Holdings, Inc. | +$24M |
| AMZN Amazon.com, Inc. | +$129M |
| AVAV AeroVironment, Inc. | +$2M |
| NFLX Netflix, Inc. | +$1M |
| LMT Lockheed Martin Corporation | +$1M |
| VRT Vertiv Holdings Co | +$1M |
| FCX Freeport-McMoRan Inc. | +$1M |
| CAT Caterpillar Inc. | +$1M |
Top sells this quarter · 15
| NVDA NVIDIA Corporation | −$6M |
| 0HQN.L Cboe Global Markets, Inc. | −$2M |
| CSL Carlisle Companies Incorporateexit | −$2M |
| STX Seagate Technology Holdings pl | −$0M |
| NEM Newmont Corporation | −$0M |
| BP BP p.l.c.exit | −$0M |
| TSCO Tractor Supply Company | −$0M |
| GALT Galectin Therapeutics Inc.exit | −$0M |
| PFE Pfizer Inc. | −$0M |
| BX Blackstone Inc.exit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.68B | 307 | +28.70% | +17.59% | +11.11% | -0.04B |
| 2025-12-31 | $1.81B | 327 | +21.52% | +17.72% | +3.81% | +0.00B |
| 2025-09-30 | $1.74B | 334 | +22.41% | +17.52% | +4.89% | +0.18B |
| 2025-06-30 | $1.41B | 261 | +11.49% | +14.94% | -3.45% | +0.02B |
| 2025-03-31 | $1.18B | 237 | +2.82% | +8.30% | -5.49% | +0.03B |
| 2024-12-31 | $1.29B | 254 | +24.07% | +24.89% | -0.82% | +0.00B |
| 2024-09-30 | $1.23B | 249 | +34.74% | +36.04% | -1.30% | +0.03B |
| 2024-06-30 | $1.18B | 243 | +26.71% | +24.49% | +2.22% | +0.04B |
| 2024-03-31 | $1.05B | 243 | +31.37% | +29.62% | +1.75% | +0.12B |
| 2023-12-31 | $865M | 224 | +39.55% | +26.18% | +13.37% | +0.01B |
| 2023-09-30 | $747M | 204 | +15.63% | +21.57% | -5.93% | +0.01B |
| 2023-06-30 | $773M | 204 | +18.40% | +19.42% | -1.03% | +0.03B |
| 2023-03-31 | $662M | 196 | -24.87% | -7.82% | -17.06% | +0.01B |
| 2022-12-31 | $570M | 199 | -37.52% | -18.17% | -19.34% | -0.02B |
| 2022-09-30 | $631M | 252 | -26.41% | -15.51% | -10.90% | +0.07B |
| 2022-06-30 | $577M | 177 | -23.95% | -10.62% | -13.33% | +0.03B |