Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.65%
trims when stocks drop
when a holding falls −10%+
Middle response
-5.51%
baseline attrition
Rally response
-19.28%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| TEVATeva Pharmaceutical Indu | $1.29B | 12.2% | +96.0% | 6.8 yr |
| TSEMTower Semiconductor Ltd. | $595M | 5.6% | +392.1% | 6.8 yr |
| XLIState Street Industrial | $456M | 4.3% | — | 4.3 yr |
| AMZNAmazon.com, Inc. | $426M | 4.0% | +9.5% | 6.3 yr |
| IXNiShares Global Tech ETF | $400M | 3.8% | — | 1.3 yr |
| RSPInvesco S&P 500 Equal We | $397M | 3.8% | — | 1.3 yr |
| IXJiShares Global Healthcar | $349M | 3.3% | — | 3.0 yr |
| NVDANVIDIA Corporation | $344M | 3.3% | +60.9% | 6.0 yr |
| GOOGAlphabet Inc. | $316M | 3.0% | +84.3% | 6.8 yr |
| MSFTMicrosoft Corporation | $277M | 2.6% | -0.6% | 6.8 yr |
| NVMINova Ltd. | $250M | 2.4% | +135.6% | 6.8 yr |
| XLVState Street Health Care | $224M | 2.1% | — | 6.3 yr |
| VONVVanguard Russell 1000 Va | $221M | 2.1% | — | 0.8 yr |
| ESLTElbit Systems Ltd. | $213M | 2.0% | +122.6% | 5.0 yr |
| AAPLApple Inc. | $197M | 1.9% | +14.7% | 5.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management33.0%+2.5pp$3.48B
Semiconductors14.1%+5.6pp$1.49B
Drug Manufacturers - Specialty & Generic12.4%+5.7pp$1.30B
Asset Management - Global5.3%+3.0pp$556M
Software - Infrastructure4.6%-3.8pp$485M
Specialty Retail4.2%-0.6pp$448M
Internet Content & Information4.2%-1.4pp$444M
Aerospace & Defense2.4%+1.8pp$253M
Unknown1.9%+0.2pp$204M
Oil & Gas Exploration & Production1.9%+1.8pp$202M
Country
US71.3%-6.8pp
IL25.6%+7.8pp
Unknown1.9%+0.2pp
GB0.4%+0.3pp
IE0.3%-0.3pp
TW0.2%-1.0pp
CA0.1%-0.0pp
DK0.0%-0.0pp
Top 5: 30.0% · Top 10: 46.0% · Top 25: 70.2%
Top buys this quarter · 15
| ESLT Elbit Systems Ltd. | +$192M |
| EMR Emerson Electric Co. | +$172M |
| AMZN Amazon.com, Inc. | +$120M |
| BSX Boston Scientific Corporation | +$93M |
| COF Capital One Financial Corporat | +$74M |
| NET Cloudflare, Inc.new | +$66M |
| GOOG Alphabet Inc. | +$64M |
| LLY Eli Lilly and Company | +$64M |
| TEVA Teva Pharmaceutical Industries | +$51M |
| GFS GLOBALFOUNDRIES Inc. | +$49M |
Top sells this quarter · 15
| ALB Albemarle Corporation | −$165M |
| TSM Taiwan Semiconductor Manufactu | −$131M |
| TT Trane Technologies plc | −$96M |
| TSEM Tower Semiconductor Ltd. | −$450M |
| CTRA Coterra Energy Inc. | −$68M |
| WIX Wix.com Ltd.exit | −$59M |
| NICE NICE Ltd. | −$44M |
| BTU Peabody Energy Corporation | −$41M |
| ARKO Arko Corp. | −$30M |
| ORA Ormat Technologies, Inc. | −$28M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $10.54B | 477 | +56.57% | +17.59% | +38.98% | +1.28B |
| 2025-12-31 | $9.22B | 457 | +39.16% | +17.72% | +21.44% | -0.18B |
| 2025-09-30 | $8.22B | 460 | +29.04% | +17.52% | +11.52% | -0.27B |
| 2025-06-30 | $7.58B | 419 | +23.24% | +14.94% | +8.30% | -0.36B |
| 2025-03-31 | $6.53B | 365 | +2.11% | +8.30% | -6.20% | +0.08B |
| 2024-12-31 | $7.23B | 354 | +30.44% | +24.89% | +5.56% | +0.05B |
| 2024-09-30 | $6.77B | 358 | +38.55% | +36.04% | +2.51% | -0.26B |
| 2024-06-30 | $6.57B | 344 | +25.76% | +24.49% | +1.27% | -0.72B |
| 2024-03-31 | $7.24B | 405 | +32.91% | +29.62% | +3.29% | +0.34B |
| 2023-12-31 | $6.04B | 325 | +24.54% | +26.18% | -1.63% | +0.03B |
| 2023-09-30 | $5.34B | 294 | +7.52% | +21.57% | -14.05% | +0.72B |
| 2023-06-30 | $4.75B | 296 | -5.19% | +19.42% | -24.61% | +0.01B |
| 2023-03-31 | $4.45B | 281 | -35.06% | -7.82% | -27.24% | -1.05B |
| 2022-12-31 | $5.15B | 274 | -42.05% | -18.17% | -23.88% | +0.79B |
| 2022-09-30 | $4.48B | 318 | -33.83% | -15.51% | -18.32% | +0.41B |
| 2022-06-30 | $4.75B | 343 | -22.33% | -10.62% | -11.71% | +0.59B |