Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-3.53%
trims when stocks drop
when a holding falls −10%+
Middle response
-0.62%
baseline attrition
Rally response
+2.61%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| SPDWState Street SPDR Portfo | $51M | 21.3% | — | 0.3 yr |
| AAPLApple Inc. | $26M | 11.0% | +14.7% | 6.3 yr |
| EEMiShares MSCI Emerging Ma | $18M | 7.6% | — | 0.8 yr |
| XLEState Street Energy Sele | $16M | 6.8% | — | 1.5 yr |
| XLBState Street Materials S | $15M | 6.3% | — | 0.8 yr |
| GRNYTidal Trust III - Fundst | $15M | 6.2% | — | 1.0 yr |
| SSOProShares - Ultra S&P500 | $14M | 6.0% | — | 5.3 yr |
| NVDANVIDIA Corporation | $12M | 4.8% | +60.9% | 4.5 yr |
| METAMeta Platforms, Inc. | $9M | 3.7% | -0.4% | 3.8 yr |
| AMDAdvanced Micro Devices, | $8M | 3.5% | +98.0% | 4.3 yr |
| AVGOBroadcom Inc. | $6M | 2.5% | +86.0% | 3.3 yr |
| BCXBlackrock Resources & Co | $6M | 2.4% | — | 0.3 yr |
| SHLDGlobal X - Defense Tech | $6M | 2.4% | — | 0.3 yr |
| MUMicron Technology, Inc. | $6M | 2.4% | +289.6% | 0.3 yr |
| WDCWestern Digital Corporat | $6M | 2.4% | +571.9% | 0.8 yr |
Portfolio composition (YoY)
Industry mix
Asset Management62.5%+16.3pp$150M
Semiconductors15.0%+5.4pp$36M
Consumer Electronics11.0%+0.0pp$26M
Internet Content & Information5.6%-1.0pp$14M
Computer Hardware2.4%$6M
Asset Management - Bonds2.3%+2.0pp$6M
Software - Infrastructure0.4%-3.6pp$1M
Hardware, Equipment & Parts0.3%$1M
Banks - Regional0.2%-0.1pp$0M
Discount Stores0.1%$0M
Country
US99.9%-0.1pp
RU0.1%
Top 5: 53.0% · Top 10: 77.1% · Top 25: 99.1%
Top buys this quarter · 15
| MU Micron Technology, Inc.new | +$6M |
| SNDK Sandisk Corporationnew | +$1M |
| RTX RTX Corporationnew | +$0M |
| SPY State Street SPDR S&P 500 ETF | +$1M |
| WAL Western Alliance Bancorporatio | +$0M |
| GOOGL Alphabet Inc. | +$0M |
| BCX Blackrock Resources & Commoditnew | +$0M |
| SHLD Global X - Defense Tech ETFnew | +$0M |
| EEM iShares MSCI Emerging Markets | +$0M |
| IWF iShares Russell 1000 Growth ET | +$0M |
Top sells this quarter · 15
| TSLA Tesla, Inc.exit | −$8M |
| MSFT Microsoft Corporationexit | −$7M |
| JPM JPMorgan Chase & Co.exit | −$6M |
| AMZN Amazon.com, Inc.exit | −$6M |
| ENVX Enovix Corporationexit | −$1M |
| AAPL Apple Inc. | −$1M |
| C Citigroup Inc.exit | −$1M |
| SPG Simon Property Group, Inc.exit | −$1M |
| ORCL Oracle Corporation | −$1M |
| AVGO Broadcom Inc. | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $240M | 34 | +32.49% | +17.59% | +14.90% | -0.05B |
| 2025-12-31 | $306M | 38 | +21.61% | +17.72% | +3.89% | -0.05B |
| 2025-09-30 | $345M | 45 | +31.86% | +17.52% | +14.34% | -0.00B |
| 2025-06-30 | $305M | 48 | +17.88% | +14.94% | +2.94% | +0.03B |
| 2025-03-31 | $237M | 37 | +10.56% | +8.30% | +2.25% | -0.01B |
| 2024-12-31 | $286M | 37 | +26.33% | +24.89% | +1.44% | -0.04B |
| 2024-09-30 | $291M | 32 | +22.19% | +36.04% | -13.84% | +0.02B |
| 2024-06-30 | $266M | 33 | +10.55% | +24.49% | -13.94% | +0.01B |
| 2024-03-31 | $229M | 30 | +13.23% | +29.62% | -16.39% | -0.00B |
| 2023-12-31 | $232M | 32 | +34.88% | +26.18% | +8.70% | +0.07B |
| 2023-09-30 | $152M | 28 | +21.15% | +21.57% | -0.42% | +0.01B |
| 2023-06-30 | $148M | 38 | +31.81% | +19.42% | +12.39% | +0.01B |
| 2023-03-31 | $122M | 35 | -5.40% | -7.82% | +2.42% | +0.01B |
| 2022-12-31 | $91M | 36 | -24.59% | -18.17% | -6.42% | +0.01B |
| 2022-09-30 | $81M | 34 | +34.91% | -15.51% | +50.42% | -0.00B |
| 2022-06-30 | $82M | 30 | -18.83% | -16.11% | -2.72% | +0.00B |