Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+6.53%
adds when stocks drop
when a holding falls −10%+
Middle response
+4.71%
steady accumulation
Rally response
-10.29%
trims into rallies
when a holding rises +10%+
Top positions · 8
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| KMTSKestra Medical Technolog | $45M | 46.9% | -20.0% | 1.3 yr |
| ALMSAlumis Inc. Common Stock | $17M | 17.6% | +258.8% | 2.0 yr |
| CBLLCeriBell, Inc. | $10M | 10.4% | -4.6% | 1.5 yr |
| IVAInventiva S.A. | $8M | 8.6% | +88.8% | 0.5 yr |
| WHWKWhitehawk Therapeutics I | $7M | 7.4% | +93.8% | 1.3 yr |
| CATXPerspective Therapeutics | $4M | 4.5% | +95.8% | 0.3 yr |
| — | $4M | 4.3% | — | 0.3 yr |
| GRYPGryphon Digital Mining, | $0M | 0.3% | — | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Medical - Instruments & Supplies46.9%-11.6pp$45M
Biotechnology33.6%+16.6pp$33M
Medical - Devices14.9%-9.2pp$14M
Unknown4.3%$4M
Financial - Capital Markets0.3%$0M
Country
US87.1%-12.9pp
FR8.6%
Unknown4.3%
Top 5: 90.9% · Top 10: 100.0% · Top 25: 100.0%
Top buys this quarter · 3
| CATX Perspective Therapeutics, Inc.new | +$4M |
| GRYP Gryphon Digital Mining, Inc.new | +$0M |
| — new | +$0M |
Top sells this quarter · 1
| ALMS Alumis Inc. Common Stock | −$8M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $97M | 8 | +7.81% | +17.59% | -9.78% | +0.01B |
| 2025-12-31 | $92M | 5 | -16.84% | +17.72% | -34.55% | -0.01B |
| 2025-09-30 | $77M | 4 | -51.92% | +17.52% | -69.44% | -0.00B |
| 2025-06-30 | $73M | 5 | -51.01% | +14.94% | -65.95% | -0.00B |
| 2025-03-31 | $97M | 9 | -53.93% | +8.30% | -62.23% | +0.06B |
| 2024-12-31 | $53M | 7 | -32.84% | +24.89% | -57.73% | +0.03B |
| 2024-09-30 | $32M | 6 | -42.83% | +36.04% | -78.87% | -0.05B |
| 2024-06-30 | $77M | 6 | -72.15% | +24.49% | -96.64% | +0.02B |
| 2024-03-31 | $72M | 4 | -73.79% | +29.62% | -103.41% | +0.05B |
| 2023-12-31 | $20M | 4 | -82.97% | +26.18% | -109.14% | +0.02B |
| 2023-09-30 | $1M | 5 | -31.01% | +21.57% | -52.58% | +0.00B |
| 2023-06-30 | $1M | 5 | -21.42% | +19.42% | -40.85% | +0.00B |
| 2023-03-31 | $2M | 5 | -50.45% | -7.82% | -42.63% | -0.00B |
| 2022-12-31 | $7M | 6 | +161.19% | +7.56% | +153.62% | -0.01B |
| 2022-09-30 | $7M | 6 | -37.41% | -4.93% | -32.48% | +0.00B |
| 2022-06-30 | $6M | 5 | -57.10% | -16.11% | -40.99% | +0.00B |