Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+14.11%
adds when stocks drop
when a holding falls −10%+
Middle response
-9.02%
baseline attrition
Rally response
-12.12%
trims into rallies
when a holding rises +10%+
Top positions · 11
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| CVNACarvana Co. | $78M | 58.0% | +50.4% | 7.0 yr |
| APPAppLovin Corporation | $14M | 10.5% | +50.2% | 0.8 yr |
| SESea Limited | $12M | 9.0% | -36.5% | 2.8 yr |
| NUNu Holdings Ltd. | $8M | 5.6% | +40.3% | 0.8 yr |
| ONEWOneWater Marine Inc. | $6M | 4.4% | -41.6% | 5.5 yr |
| JMIAJumia Technologies AG | $6M | 4.3% | +220.9% | 0.8 yr |
| DASHDoorDash, Inc. | $3M | 2.4% | -17.8% | 0.5 yr |
| OSCROscar Health, Inc. | $3M | 2.0% | -12.5% | 3.0 yr |
| — | $2M | 1.5% | — | 0.8 yr |
| AFRMAffirm Holdings, Inc. | $2M | 1.3% | +1.4% | 0.3 yr |
| STKSThe ONE Group Hospitalit | $1M | 0.9% | -40.5% | 1.3 yr |
Portfolio composition (YoY)
Industry mix
Auto - Dealerships58.0%-18.0pp$78M
Specialty Retail13.4%+2.7pp$18M
Software - Application10.5%$14M
Banks - Diversified5.6%$8M
Auto - Recreational Vehicles4.4%-1.4pp$6M
Internet Content & Information2.4%$3M
Medical - Healthcare Plans2.0%-1.2pp$3M
Unknown1.5%$2M
Software - Infrastructure1.3%$2M
Restaurants0.9%-0.0pp$1M
Country
US79.6%-9.7pp
SG9.0%-1.6pp
BR5.6%
DE4.3%
Unknown1.5%
Top 5: 87.6% · Top 10: 99.1% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $135M | 11 | +28.36% | +17.59% | +10.76% | +0.01B |
| 2025-12-31 | $160M | 12 | +77.01% | +17.72% | +59.29% | -0.01B |
| 2025-09-30 | $164M | 12 | +99.07% | +17.52% | +81.55% | +0.02B |
| 2025-06-30 | $132M | 10 | +132.71% | +14.94% | +117.77% | -0.03B |
| 2025-03-31 | $110M | 6 | +102.01% | +8.30% | +93.71% | -0.02B |
| 2024-12-31 | $127M | 6 | +182.17% | +24.89% | +157.29% | -0.04B |
| 2024-09-30 | $144M | 6 | +183.99% | +36.04% | +147.95% | -0.07B |
| 2024-06-30 | $164M | 5 | +173.95% | +24.49% | +149.46% | +0.01B |
| 2024-03-31 | $120M | 4 | +264.06% | +29.62% | +234.44% | -0.00B |
| 2023-12-31 | $86M | 5 | +177.55% | +26.18% | +151.37% | -0.01B |
| 2023-09-30 | $82M | 6 | +82.88% | +21.57% | +61.31% | -0.00B |
| 2023-06-30 | $68M | 6 | +38.19% | +19.42% | +18.76% | -0.01B |
| 2023-03-31 | $42M | 6 | -43.61% | -7.82% | -35.79% | -0.00B |
| 2022-12-31 | $41M | 7 | -23.74% | +7.56% | -31.30% | -0.01B |
| 2022-09-30 | $64M | 12 | -5.55% | -4.93% | -0.62% | -0.01B |
| 2022-06-30 | $81M | 11 | -28.88% | -16.11% | -12.77% | -0.02B |