Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.28%
trims when stocks drop
when a holding falls −10%+
Middle response
+4.44%
steady accumulation
Rally response
-8.66%
trims into rallies
when a holding rises +10%+
Top positions · 21
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| CMCSAComcast Corporation | $18M | 65.2% | — | 4.5 yr |
| ATUSAltice USA, Inc. | $4M | 13.5% | — | 2.0 yr |
| CYHCommunity Health Systems | $3M | 12.0% | +8.9% | 2.3 yr |
| CABOCable One, Inc. | $1M | 5.1% | -65.7% | 1.8 yr |
| BRCCBRC Inc. | $1M | 2.5% | -62.9% | 3.8 yr |
| SEATVivid Seats Inc. | $0M | 1.2% | — | 0.8 yr |
| BNAIWBrand Engagement Network | $0M | 0.1% | — | 2.3 yr |
| — | $0M | 0.1% | — | 2.8 yr |
| NRDYNerdy, Inc. | $0M | 0.1% | -42.5% | 2.8 yr |
| BGLWWBlue Gold Limited Warran | $0M | 0.1% | — | 1.0 yr |
| BETRWBetter Home & Finance Ho | $0M | 0.0% | — | 2.8 yr |
| DAVEWDave Inc. | $0M | 0.0% | — | 4.0 yr |
| — | $0M | 0.0% | — | 4.8 yr |
| COCHWEnvoy Medical, Inc. | $0M | 0.0% | — | 2.5 yr |
| — | $0M | 0.0% | — | 2.8 yr |
Portfolio composition (YoY)
Industry mix
Telecommunications Services83.8%+23.0pp$23M
Medical - Care Facilities12.0%-16.0pp$3M
Packaged Foods2.5%-1.3pp$1M
Internet Content & Information1.2%$0M
Unknown0.1%-7.1pp$0M
Software - Application0.1%+0.0pp$0M
Software - Infrastructure0.1%+0.1pp$0M
Gold0.1%$0M
Financial - Mortgages0.0%+0.0pp$0M
Medical - Devices0.0%+0.0pp$0M
Country
US99.8%+7.1pp
Unknown0.1%-7.1pp
KY0.1%
IL0.0%-0.0pp
Top 5: 98.3% · Top 10: 99.8% · Top 25: 100.0%
Top buys this quarter · 0
No buys this quarter
Top sells this quarter · 3
| ACHC Acadia Healthcare Company, Incexit | −$8M |
| — exit | −$0M |
| — exit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $27M | 21 | -39.94% | +17.59% | -57.54% | -0.01B |
| 2025-12-31 | $35M | 24 | -56.29% | +17.72% | -74.01% | +0.01B |
| 2025-09-30 | $40M | 27 | -53.43% | +17.52% | -70.95% | -0.00B |
| 2025-06-30 | $42M | 27 | -46.31% | +14.94% | -61.25% | +0.00B |
| 2025-03-31 | $48M | 26 | -24.47% | +8.30% | -32.77% | +0.02B |
| 2024-12-31 | $38M | 25 | +5.38% | +24.89% | -19.51% | +0.01B |
| 2024-09-30 | $43M | 36 | +59.35% | +36.04% | +23.31% | +0.02B |
| 2024-06-30 | $15M | 43 | -14.33% | +24.49% | -38.82% | +0.00B |
| 2024-03-31 | $10M | 47 | -11.69% | +29.62% | -41.32% | -0.03B |
| 2023-12-31 | $36M | 48 | -37.01% | +26.18% | -63.19% | -0.03B |
| 2023-09-30 | $58M | 62 | -46.96% | +21.57% | -68.52% | +0.02B |
| 2023-06-30 | $62M | 84 | -28.13% | +19.42% | -47.55% | -2.23B |
| 2023-03-31 | $1.98B | 112 | -32.22% | -7.82% | -24.40% | +1.74B |
| 2022-12-31 | $316M | 174 | -8.72% | +7.56% | -16.28% | -0.10B |
| 2022-09-30 | $456M | 232 | -11.64% | -4.93% | -6.71% | +0.05B |
| 2022-06-30 | $458M | 234 | +8.82% | -16.11% | +24.94% | -0.11B |