Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-6.05%
trims when stocks drop
when a holding falls −10%+
Middle response
-0.85%
baseline attrition
Rally response
+1.00%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VTIVanguard Total Stock Mar | $68M | 11.0% | — | 5.3 yr |
| VEAVanguard FTSE Developed | $50M | 8.0% | — | 6.8 yr |
| AGGiShares Core U.S. Aggreg | $36M | 5.7% | — | 4.8 yr |
| VOOVanguard S&P 500 ETF | $25M | 4.0% | — | 5.5 yr |
| VWOVanguard FTSE Emerging M | $23M | 3.8% | — | 7.0 yr |
| AAPLApple Inc. | $16M | 2.6% | +14.7% | 9.3 yr |
| IJRiShares Core S&P Small-C | $15M | 2.5% | — | 5.0 yr |
| IJHiShares Core S&P Mid-Cap | $14M | 2.3% | — | 4.5 yr |
| MSFTMicrosoft Corporation | $13M | 2.0% | -0.6% | 9.3 yr |
| NVDANVIDIA Corporation | $12M | 2.0% | +60.9% | 4.5 yr |
| VOOVVanguard S&P 500 Value E | $9M | 1.5% | — | 6.0 yr |
| GEVOGevo, Inc. | $8M | 1.3% | +135.3% | 0.8 yr |
| VIOVVanguard S&P Small-Cap 6 | $8M | 1.3% | — | 5.3 yr |
| COSTCostco Wholesale Corpora | $8M | 1.3% | +5.9% | 9.3 yr |
| PFEPfizer Inc. | $7M | 1.2% | +18.8% | 8.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management47.8%+0.9pp$296M
Drug Manufacturers - General5.2%+0.1pp$32M
Regulated Electric4.8%-0.3pp$30M
Semiconductors3.6%+1.8pp$22M
Oil & Gas Integrated3.0%+1.0pp$19M
Internet Content & Information2.8%+0.9pp$17M
Consumer Electronics2.6%+1.9pp$16M
Software - Infrastructure2.2%-0.5pp$14M
Banks - Diversified2.2%+0.1pp$13M
Oil & Gas Midstream2.1%-0.0pp$13M
Country
US92.8%-0.0pp
CA2.2%+0.2pp
GB1.9%+0.7pp
FR1.7%+0.1pp
Unknown0.6%-1.1pp
TW0.3%+0.2pp
CH0.2%-0.1pp
IE0.1%+0.0pp
Top 5: 32.4% · Top 10: 43.7% · Top 25: 59.6%
Top buys this quarter · 15
| NVDA NVIDIA Corporation | +$5M |
| PFE Pfizer Inc. | +$2M |
| AAPL Apple Inc. | +$2M |
| AMT American Tower Corporation | +$2M |
| TSLA Tesla, Inc.new | +$1M |
| PAYX Paychex, Inc. | +$1M |
| WEC WEC Energy Group, Inc. | +$1M |
| CME CME Group Inc. | +$1M |
| LLY Eli Lilly and Company | +$1M |
| META Meta Platforms, Inc. | +$6M |
Top sells this quarter · 15
| DAKT Daktronics, Inc. | −$5M |
| GNRC Generac Holdings Inc. | −$1M |
| UBER Uber Technologies, Inc. | −$1M |
| IOT Samsara Inc.exit | −$1M |
| GILD Gilead Sciences, Inc. | −$1M |
| ISRG Intuitive Surgical, Inc. | −$1M |
| NOW ServiceNow, Inc. | −$1M |
| ADSK Autodesk, Inc. | −$1M |
| MRVL Marvell Technology, Inc. | −$1M |
| VLTO Veralto Corporation | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $621M | 257 | +16.16% | +17.59% | -1.43% | +0.00B |
| 2025-12-31 | $614M | 260 | +14.36% | +17.72% | -3.36% | +0.01B |
| 2025-09-30 | $594M | 257 | +14.91% | +17.52% | -2.61% | +0.00B |
| 2025-06-30 | $561M | 243 | +17.31% | +14.94% | +2.37% | +0.00B |
| 2025-03-31 | $517M | 233 | +11.75% | +8.30% | +3.44% | +0.00B |
| 2024-12-31 | $521M | 236 | +21.10% | +24.89% | -3.79% | -0.01B |
| 2024-09-30 | $527M | 234 | +32.05% | +36.04% | -3.99% | -0.00B |
| 2024-06-30 | $491M | 225 | +18.48% | +24.49% | -6.01% | -0.01B |
| 2024-03-31 | $484M | 230 | +19.59% | +29.62% | -10.04% | +0.04B |
| 2023-12-31 | $414M | 190 | +15.76% | +26.18% | -10.42% | -0.01B |
| 2023-09-30 | $382M | 189 | +15.45% | +21.57% | -6.12% | -0.00B |
| 2023-06-30 | $395M | 196 | +9.98% | +19.42% | -9.45% | +0.00B |
| 2023-03-31 | $378M | 189 | -4.75% | -7.82% | +3.07% | +0.00B |
| 2022-12-31 | $360M | 186 | -12.64% | -18.17% | +5.54% | +0.06B |
| 2022-09-30 | $272M | 162 | -12.00% | -15.51% | +3.51% | -0.01B |
| 2022-06-30 | $307M | 498 | -4.27% | -10.62% | +6.35% | +0.02B |