Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-8.47%
trims when stocks drop
when a holding falls −10%+
Middle response
-0.86%
baseline attrition
Rally response
-9.55%
trims into rallies
when a holding rises +10%+
Top positions · 10
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| PDCCPearl Diver Credit Compa | $15M | 13.6% | -34.3% | 1.8 yr |
| NUNu Holdings Ltd. | $15M | 13.1% | +40.3% | 3.3 yr |
| PCVXVaxcyte, Inc. | $14M | 12.4% | +53.9% | 0.5 yr |
| AAPLApple Inc. | $11M | 9.5% | +14.7% | 0.8 yr |
| SESea Limited | $11M | 9.5% | -36.5% | 1.0 yr |
| NVDANVIDIA Corporation | $10M | 9.3% | +60.9% | 0.8 yr |
| GOOGLAlphabet Inc. | $10M | 9.1% | — | 0.3 yr |
| MSFTMicrosoft Corporation | $10M | 8.5% | -0.6% | 0.8 yr |
| DYNDyne Therapeutics, Inc. | $9M | 7.8% | +73.3% | 0.8 yr |
| — | $8M | 7.2% | — | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Biotechnology20.2%-13.3pp$23M
Asset Management13.6%-15.8pp$15M
Banks - Diversified13.1%+0.7pp$15M
Consumer Electronics9.5%$11M
Specialty Retail9.5%-15.2pp$11M
Semiconductors9.3%$10M
Internet Content & Information9.1%$10M
Software - Infrastructure8.5%$10M
Unknown7.2%$8M
Country
US70.2%+7.3pp
BR13.1%+0.7pp
SG9.5%-15.2pp
Unknown7.2%
Top 5: 58.1% · Top 10: 100.0% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $113M | 10 | +8.43% | +17.59% | -9.16% | +0.01B |
| 2025-12-31 | $119M | 8 | +39.26% | +17.72% | +21.54% | -0.00B |
| 2025-09-30 | $118M | 9 | +45.25% | +17.52% | +27.73% | +0.01B |
| 2025-06-30 | $89M | 5 | +32.86% | +14.94% | +17.92% | -0.04B |
| 2025-03-31 | $118M | 8 | +33.75% | +8.30% | +25.45% | -0.03B |
| 2024-12-31 | $138M | 7 | +61.02% | +24.89% | +36.14% | -0.03B |
| 2024-09-30 | $153M | 7 | +92.81% | +36.04% | +56.77% | +0.06B |
| 2024-06-30 | $89M | 6 | +52.77% | +24.49% | +28.27% | -0.01B |
| 2024-03-31 | $89M | 6 | +133.98% | +29.62% | +104.36% | +0.01B |
| 2023-12-31 | $60M | 5 | +27.85% | +11.64% | +16.21% | -0.05B |
| 2023-09-30 | $87M | 5 | -14.86% | -3.22% | -11.63% | -0.03B |
| 2023-06-30 | $136M | 2 | +65.76% | +8.68% | +57.07% | +0.05B |
| 2023-03-31 | $53M | 3 | — | — | — | — |