Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-4.07%
trims when stocks drop
when a holding falls −10%+
Middle response
-0.74%
baseline attrition
Rally response
-3.73%
trims into rallies
when a holding rises +10%+
Top positions · 10
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| METAMeta Platforms, Inc. | $402M | 23.5% | -0.4% | 8.0 yr |
| GOOGAlphabet Inc. | $248M | 14.5% | +84.3% | 7.3 yr |
| NFLXNetflix, Inc. | $199M | 11.6% | +3.1% | 4.8 yr |
| CACCCredit Acceptance Corpor | $152M | 8.9% | -18.0% | 9.5 yr |
| MSCIMSCI Inc. | $138M | 8.1% | -3.4% | 1.3 yr |
| HEI-AHEICO Corporation | $129M | 7.5% | — | 6.3 yr |
| HCAHCA Healthcare, Inc. | $124M | 7.2% | +37.9% | 3.5 yr |
| KAROKarooooo Ltd. | $110M | 6.4% | +20.3% | 5.0 yr |
| BROBrown & Brown, Inc. | $106M | 6.2% | -47.2% | 1.8 yr |
| UNHUnitedHealth Group Incor | $105M | 6.1% | -46.9% | 1.0 yr |
Portfolio composition (YoY)
Industry mix
Internet Content & Information37.9%+3.1pp$650M
Entertainment11.6%+5.5pp$199M
Financial - Credit Services8.9%-2.9pp$152M
Financial - Data & Stock Exchanges8.1%+1.5pp$138M
Aerospace & Defense7.5%-0.4pp$129M
Medical - Care Facilities7.2%-0.7pp$124M
Software - Application6.4%-1.6pp$110M
Insurance - Brokers6.2%-1.4pp$106M
Medical - Healthcare Plans6.1%$105M
Country
US93.6%-1.1pp
SG6.4%+1.1pp
Top 5: 66.5% · 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 | $1.71B | 10 | +1.60% | +17.59% | -15.99% | -0.14B |
| 2025-12-31 | $2.00B | 12 | +8.74% | +17.72% | -8.98% | -0.02B |
| 2025-09-30 | $2.06B | 12 | +11.94% | +17.52% | -5.58% | -0.04B |
| 2025-06-30 | $2.02B | 12 | +14.54% | +14.94% | -0.41% | +0.14B |
| 2025-03-31 | $1.76B | 11 | +9.47% | +8.30% | +1.17% | +0.07B |
| 2024-12-31 | $1.70B | 10 | +30.52% | +24.89% | +5.64% | -0.06B |
| 2024-09-30 | $1.74B | 10 | +46.92% | +36.04% | +10.88% | +0.06B |
| 2024-06-30 | $1.58B | 10 | +37.23% | +24.49% | +12.74% | -0.06B |
| 2024-03-31 | $1.60B | 11 | +57.37% | +29.62% | +27.75% | -0.03B |
| 2023-12-31 | $1.38B | 11 | +57.64% | +26.18% | +31.46% | -0.16B |
| 2023-09-30 | $1.35B | 10 | +40.41% | +21.57% | +18.84% | -0.18B |
| 2023-06-30 | $1.54B | 10 | +30.76% | +19.42% | +11.34% | -0.10B |
| 2023-03-31 | $1.40B | 10 | -13.29% | -7.82% | -5.47% | +0.04B |
| 2022-12-31 | $1.15B | 9 | +1.63% | +7.56% | -5.93% | +0.01B |
| 2022-09-30 | $1.12B | 9 | -7.51% | -4.93% | -2.59% | +0.01B |
| 2022-06-30 | $1.20B | 10 | -22.01% | -16.11% | -5.90% | -0.10B |