Stocks/Funds/CIK 1693672

Share Andrew L.

long-term holderconcentrated
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1693672
Assets
$214M
+56.3% YoY
Holdings
16
Lifetime alpha vs market
-15.65% annual
Average hold time
2.4 yr
median 2.5 yr

Quarterly history

Cum return -23% vs S&P +52% · α -75% lifetimeAUM $214M · peak $862MFlow $-2M (-1%)2016-122018-062019-122021-062022-122024-062025-122026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
-0.21%
trims when stocks drop
when a holding falls −10%+
Middle response
-0.51%
baseline attrition
Rally response
+8.05%
adds into rallies
when a holding rises +10%+

Top positions · 16

Ticker$ value% portYoYHold time
EQTEQT Corporation$122M56.7%+20.5%8.5 yr
$70M32.7%0.5 yr
NPWRNET Power Inc.$15M7.1%-40.7%3.0 yr
CRKComstock Resources, Inc.$3M1.3%+3.6%2.3 yr
$1M0.7%3.0 yr
GRIDFirst Trust NASDAQ Clean$0M0.2%1.8 yr
FDECFT Vest U.S. Equity Buff$0M0.2%2.5 yr
KNGFT Vest S&P 500 Dividend$0M0.2%0.8 yr
ZALTInnovator U.S. Equity 10$0M0.2%1.3 yr
QQQMInvesco NASDAQ 100 ETF$0M0.1%0.8 yr
FSEPFT Vest U.S. Equity Buff$0M0.1%2.8 yr
BAUGInnovator U.S. Equity Bu$0M0.1%2.8 yr
FOCTFT Vest U.S. Equity Buff$0M0.1%2.8 yr
MSFTMicrosoft Corporation$0M0.1%-0.6%2.5 yr
SLYGState Street SPDR S&P 60$0M0.1%1.0 yr

Portfolio composition (YoY)

Industry mix
Oil & Gas Exploration & Production58.0%-19.9pp$124M
Unknown33.4%+32.2pp$72M
Industrial - Machinery7.1%-12.0pp$15M
Asset Management1.3%-0.5pp$3M
Asset Management - Income0.2%$0M
Software - Infrastructure0.1%-0.1pp$0M
Country
US66.6%-32.2pp
Unknown33.4%+32.2pp
Top 5: 98.5% · Top 10: 99.3% · Top 25: 100.0%

Winners

TickerPrev $PnLYoY %
EQT$104M+0.02B20.5%
CRK$3M+0.00B3.6%
MSFT$0M-0.00B-0.6%
NPWR$26M-0.01B-40.7%

Losers

TickerPrev $PnLYoY %
NPWR$26M-0.01B-40.7%
MSFT$0M-0.00B-0.6%

Top buys this quarter · 1

+$0M

Top sells this quarter · 2

QDEC FT Vest Nasdaq-100 Buffer ETF exit$0M
BDEC Innovator U.S. Equity Buffer Eexit$0M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$214M16+7.98%+17.59%-9.61%-0.00B
2025-12-31$198M18-33.45%+17.72%-51.17%+0.06B
2025-09-30$145M16-1.63%+17.52%-19.14%+0.00B
2025-06-30$144M13-16.26%+14.94%-31.20%-0.00B
2025-03-31$137M13-28.11%+8.30%-36.41%-0.01B
2024-12-31$220M12+12.78%+24.89%-12.11%+0.01B
2024-09-30$152M14-37.86%+36.04%-73.90%-0.00B
2024-06-30$186M12-25.28%+24.49%-49.77%-0.00B
2024-03-31$205M13+5.36%+29.62%-24.26%+0.00B
2023-12-31$190M12-5.65%+26.18%-31.83%-0.00B
2023-09-30$254M9+2.60%+21.57%-18.96%+0.17B
2023-06-30$88M5+21.52%+19.42%+2.09%-0.00B
2023-03-31$68M3-5.83%-7.82%+1.99%+0.00B
2022-12-31$71M3-16.71%+7.56%-24.27%-0.01B
2022-09-30$98M4+18.87%-4.93%+23.80%-0.01B
2022-06-30$87M5+0.34%-16.11%+16.45%-0.01B