Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-8.39%
trims when stocks drop
when a holding falls −10%+
Middle response
-3.34%
baseline attrition
Rally response
+8.61%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $364M | 4.0% | +60.9% | 9.0 yr |
| SPLGSPDR Portfolio S&P 500 E | $343M | 3.7% | — | 3.3 yr |
| AAPLApple Inc. | $221M | 2.4% | +14.7% | 8.8 yr |
| ABCBAmeris Bancorp | $206M | 2.2% | +36.6% | 3.5 yr |
| QQQMInvesco NASDAQ 100 ETF | $200M | 2.2% | — | 1.5 yr |
| SPYGState Street SPDR Portfo | $180M | 2.0% | — | 4.5 yr |
| SPYState Street SPDR S&P 50 | $159M | 1.7% | +17.6% | 7.5 yr |
| SPYVState Street SPDR Portfo | $157M | 1.7% | — | 3.0 yr |
| IVViShares Core S&P 500 ETF | $155M | 1.7% | — | 7.8 yr |
| MSFTMicrosoft Corporation | $114M | 1.2% | -0.6% | 9.0 yr |
| AMZNAmazon.com, Inc. | $112M | 1.2% | +9.5% | 9.0 yr |
| SPDWState Street SPDR Portfo | $102M | 1.1% | — | 2.3 yr |
| CGGRCapital Group Growth ETF | $88M | 1.0% | — | 0.5 yr |
| QQQInvesco QQQ Trust, Serie | $86M | 0.9% | — | 5.5 yr |
| VIGVanguard Dividend Apprec | $84M | 0.9% | — | 7.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management58.6%+51.2pp$5.40B
Semiconductors6.2%-3.4pp$572M
Asset Management - Bonds4.6%+4.1pp$421M
Banks - Regional2.6%-3.2pp$244M
Consumer Electronics2.4%-4.7pp$222M
Asset Management - Income2.3%+2.0pp$212M
Internet Content & Information2.2%-2.4pp$205M
Software - Infrastructure1.8%-3.6pp$163M
Specialty Retail1.4%-2.9pp$127M
Drug Manufacturers - General1.3%-2.3pp$121M
Country
US98.1%+2.8pp
CA0.4%-0.3pp
IE0.3%-0.6pp
GB0.3%-0.4pp
Unknown0.1%-0.0pp
TW0.1%-0.0pp
NL0.1%-0.1pp
BM0.1%-0.1pp
Top 5: 14.5% · Top 10: 22.8% · Top 25: 35.6%
Top buys this quarter · 15
| SPY State Street SPDR S&P 500 ETF | +$150M |
| ABCB Ameris Bancorp | +$12M |
| META Meta Platforms, Inc. | +$60M |
| FRO Frontline Ltd.new | +$3M |
| ALB Albemarle Corporation | +$3M |
| MS Morgan Stanley | +$2M |
| WDC Western Digital Corporation | +$2M |
| BKR Baker Hughes Company | +$2M |
| HOOD Robinhood Markets, Inc. | +$2M |
| TGT Target Corporation | +$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $9.21B | 1583 | +23.11% | +17.59% | +5.52% | +5.17B |
| 2025-12-31 | $4.12B | 995 | +18.80% | +17.72% | +1.08% | +0.20B |
| 2025-09-30 | $3.85B | 941 | +19.71% | +17.52% | +2.20% | +0.05B |
| 2025-06-30 | $3.47B | 887 | +16.79% | +14.94% | +1.84% | +0.06B |
| 2025-03-31 | $3.03B | 811 | +6.22% | +8.30% | -2.08% | -4.06B |
| 2024-12-31 | $7.49B | 1342 | +19.78% | +24.89% | -5.11% | +4.67B |
| 2024-09-30 | $2.75B | 703 | +32.47% | +36.04% | -3.56% | -0.37B |
| 2024-06-30 | $2.92B | 700 | +20.04% | +24.49% | -4.45% | +0.08B |
| 2024-03-31 | $2.77B | 700 | +25.56% | +29.62% | -4.06% | -0.19B |
| 2023-12-31 | $2.78B | 675 | +26.21% | +26.18% | +0.03% | +0.27B |
| 2023-09-30 | $2.21B | 649 | +17.50% | +21.57% | -4.07% | +0.01B |
| 2023-06-30 | $2.27B | 666 | +15.70% | +19.42% | -3.72% | +0.05B |
| 2023-03-31 | $2.07B | 668 | -8.10% | -7.82% | -0.28% | +0.93B |
| 2022-12-31 | $1.07B | 361 | -18.30% | -18.17% | -0.13% | -0.74B |
| 2022-09-30 | $1.71B | 622 | -14.12% | -15.51% | +1.39% | +0.01B |
| 2022-06-30 | $1.79B | 617 | -9.36% | -10.62% | +1.26% | +0.02B |