Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-4.68%
trims when stocks drop
when a holding falls −10%+
Middle response
+11.64%
steady accumulation
Rally response
+0.29%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $629M | 3.4% | +60.9% | 8.8 yr |
| AAPLApple Inc. | $614M | 3.3% | +14.7% | 9.5 yr |
| MSFTMicrosoft Corporation | $475M | 2.6% | -0.6% | 9.5 yr |
| VNLAJanus Henderson Short Du | $387M | 2.1% | — | 3.8 yr |
| IVViShares Core S&P 500 ETF | $350M | 1.9% | — | 9.5 yr |
| AMZNAmazon.com, Inc. | $333M | 1.8% | +9.5% | 9.5 yr |
| SPYGState Street SPDR Portfo | $300M | 1.6% | — | 7.8 yr |
| AVIGAvantis Core Fixed Incom | $271M | 1.5% | — | 5.3 yr |
| GOOGLAlphabet Inc. | $251M | 1.4% | — | 9.3 yr |
| AVGOBroadcom Inc. | $224M | 1.2% | +86.0% | 8.0 yr |
| PYLDPIMCO Multisector Bond A | $208M | 1.1% | — | 2.5 yr |
| METAMeta Platforms, Inc. | $206M | 1.1% | -0.4% | 9.5 yr |
| SPYVState Street SPDR Portfo | $203M | 1.1% | — | 7.0 yr |
| VOOVanguard S&P 500 ETF | $190M | 1.0% | — | 9.5 yr |
| BONDPIMCO Active Bond Exchan | $175M | 0.9% | — | 7.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management41.2%-1.4pp$7.60B
Semiconductors6.8%+2.6pp$1.25B
Asset Management - Income4.6%-0.3pp$842M
Asset Management - Bonds4.4%+0.6pp$818M
Software - Infrastructure3.5%+0.4pp$644M
Consumer Electronics3.3%+0.2pp$615M
Unknown2.7%+0.6pp$501M
Internet Content & Information2.7%+0.4pp$490M
Drug Manufacturers - General2.3%-0.0pp$425M
Regulated Electric2.2%-0.0pp$398M
Country
US95.7%-1.0pp
Unknown2.7%+0.6pp
IE0.4%+0.2pp
JP0.3%-0.1pp
GB0.3%+0.1pp
CA0.2%+0.1pp
SG0.2%+0.1pp
NL0.0%-0.0pp
Top 5: 13.3% · Top 10: 20.8% · Top 25: 33.7%
Top buys this quarter · 15
| MSFT Microsoft Corporation | +$475M |
| NVDA NVIDIA Corporation | +$93M |
| AAPL Apple Inc. | +$68M |
| INTU Intuit Inc. | +$57M |
| IBM International Business Machine | +$38M |
| LEN Lennar Corporation | +$35M |
| AVGO Broadcom Inc. | +$33M |
| ACN Accenture plc | +$30M |
| C Citigroup Inc. | +$29M |
| VRSK Verisk Analytics, Inc. | +$29M |
Top sells this quarter · 15
| SPY State Street SPDR S&P 500 ETF | −$47M |
| CVX Chevron Corporation | −$38M |
| EGP EastGroup Properties, Inc. | −$36M |
| R Ryder System, Inc. | −$36M |
| LLY Eli Lilly and Company | −$28M |
| TPH Tri Pointe Homes, Inc. | −$25M |
| GE GE Aerospace | −$25M |
| ATR AptarGroup, Inc. | −$23M |
| PG The Procter & Gamble Company | −$20M |
| ZTS Zoetis Inc. | −$16M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $18.46B | 2559 | +20.38% | +17.59% | +2.79% | +1.50B |
| 2025-12-31 | $17.38B | 2426 | +19.44% | +17.72% | +1.72% | +1.35B |
| 2025-09-30 | $15.66B | 2256 | +19.01% | +17.52% | +1.49% | +0.73B |
| 2025-06-30 | $13.67B | 2127 | +17.34% | +14.94% | +2.40% | +0.60B |
| 2025-03-31 | $11.83B | 2126 | +7.76% | +8.30% | -0.54% | +0.48B |
| 2024-12-31 | $11.73B | 2106 | +19.11% | +24.89% | -5.78% | +0.55B |
| 2024-09-30 | $10.97B | 1226 | +29.79% | +36.04% | -6.25% | +0.27B |
| 2024-06-30 | $9.93B | 1223 | +15.90% | +24.49% | -8.59% | +1.03B |
| 2024-03-31 | $8.79B | 1134 | +21.29% | +29.62% | -8.34% | -11.96B |
| 2023-12-31 | $19.40B | 2025 | +19.39% | +26.18% | -6.79% | +0.98B |
| 2023-09-30 | $16.57B | 1926 | +14.79% | +21.57% | -6.78% | +0.73B |
| 2023-06-30 | $16.48B | 1878 | +13.35% | +19.42% | -6.08% | +0.15B |
| 2023-03-31 | $15.39B | 1856 | -10.19% | -7.82% | -2.38% | +0.98B |
| 2022-12-31 | $13.69B | 1800 | -18.64% | -18.17% | -0.47% | +0.38B |
| 2022-09-30 | $12.45B | 1726 | -15.43% | -15.51% | +0.08% | +0.77B |
| 2022-06-30 | $12.30B | 1699 | -10.46% | -10.62% | +0.16% | +0.25B |