Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.47%
trims when stocks drop
when a holding falls −10%+
Middle response
-3.26%
baseline attrition
Rally response
-4.97%
trims into rallies
when a holding rises +10%+
Top positions · 20
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| GOOGAlphabet Inc. | $12M | 11.0% | +84.3% | 6.3 yr |
| GTXGarrett Motion Inc. | $11M | 10.2% | +121.3% | 5.0 yr |
| FCFSFirstCash Holdings, Inc | $9M | 8.4% | +58.0% | 2.8 yr |
| IBKRInteractive Brokers Grou | $8M | 7.1% | +62.8% | 6.0 yr |
| — | $7M | 6.5% | — | 3.0 yr |
| REXREX American Resources C | $7M | 6.1% | +142.7% | 2.8 yr |
| VSNTVVersant Media Group, Inc | $7M | 6.0% | — | 0.3 yr |
| AMTMAmentum Holdings, Inc. | $6M | 5.6% | +43.3% | 1.3 yr |
| — | $6M | 5.6% | — | 1.0 yr |
| TPBTurning Point Brands, In | $6M | 5.5% | +46.5% | 1.0 yr |
| FCNCAFirst Citizens BancShare | $5M | 4.7% | — | 3.3 yr |
| — | $4M | 3.9% | — | 2.8 yr |
| LQDALiquidia Corporation | $3M | 3.2% | +155.9% | 1.3 yr |
| BVBrightView Holdings, Inc | $3M | 3.1% | -8.2% | 1.0 yr |
| VRTSVirtus Investment Partne | $3M | 3.0% | -17.6% | 7.5 yr |
Portfolio composition (YoY)
Industry mix
Unknown16.0%+4.8pp$18M
Internet Content & Information11.0%+1.5pp$12M
Auto - Parts10.2%+3.6pp$11M
Financial - Credit Services8.4%-3.6pp$9M
Aerospace & Defense7.4%+6.3pp$8M
Investment - Banking & Investment Services7.1%+0.1pp$8M
Chemicals - Specialty6.1%$7M
Entertainment6.0%$7M
Tobacco5.5%$6M
Banks - Regional4.7%-6.0pp$5M
Country
US73.8%-5.6pp
Unknown16.0%+4.8pp
CH10.2%+3.6pp
Top 5: 43.1% · Top 10: 71.9% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $110M | 20 | +33.39% | +17.59% | +15.79% | +0.00B |
| 2025-12-31 | $108M | 20 | +41.34% | +17.72% | +23.62% | +0.00B |
| 2025-09-30 | $96M | 22 | +20.27% | +17.52% | +2.75% | -0.00B |
| 2025-06-30 | $86M | 23 | +18.27% | +14.94% | +3.33% | +0.01B |
| 2025-03-31 | $69M | 20 | +2.76% | +8.30% | -5.55% | -0.02B |
| 2024-12-31 | $84M | 20 | +6.63% | +24.89% | -18.26% | -0.02B |
| 2024-09-30 | $112M | 23 | +33.10% | +36.04% | -2.94% | +0.00B |
| 2024-06-30 | $97M | 23 | +15.15% | +24.49% | -9.34% | -0.00B |
| 2024-03-31 | $109M | 25 | +41.70% | +29.62% | +12.08% | +0.00B |
| 2023-12-31 | $100M | 27 | +45.89% | +26.18% | +19.72% | -0.03B |
| 2023-09-30 | $112M | 26 | +35.42% | +21.57% | +13.85% | -0.00B |
| 2023-06-30 | $114M | 27 | +25.79% | +19.42% | +6.37% | +0.00B |
| 2023-03-31 | $98M | 27 | -14.68% | -7.82% | -6.87% | +0.01B |
| 2022-12-31 | $80M | 25 | +6.75% | +7.56% | -0.81% | +0.01B |
| 2022-09-30 | $69M | 21 | -7.24% | -4.93% | -2.31% | -0.00B |
| 2022-06-30 | $74M | 26 | -22.63% | -16.11% | -6.52% | -0.00B |