Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-0.04%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.21%
steady accumulation
Rally response
-1.66%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $34M | 6.1% | +14.7% | 9.5 yr |
| JFLXJPMorgan Flexible Debt E | $22M | 3.9% | — | 0.8 yr |
| DVYiShares Select Dividend | $21M | 3.8% | — | 3.8 yr |
| GOOGLAlphabet Inc. | $15M | 2.7% | — | 9.5 yr |
| AMZNAmazon.com, Inc. | $15M | 2.7% | +9.5% | 9.5 yr |
| NVDANVIDIA Corporation | $14M | 2.5% | +60.9% | 8.8 yr |
| KMIKinder Morgan, Inc. | $14M | 2.5% | +22.6% | 6.5 yr |
| GDXVanEck Gold Miners ETF | $13M | 2.3% | — | 9.5 yr |
| GMEDGlobus Medical, Inc. | $12M | 2.2% | +17.7% | 9.5 yr |
| GLDSPDR Gold Shares | $11M | 2.0% | — | 7.5 yr |
| MSFTMicrosoft Corporation | $11M | 1.9% | -0.6% | 9.5 yr |
| SPSMState Street SPDR Portfo | $10M | 1.8% | — | 3.8 yr |
| CRWDCrowdStrike Holdings, In | $10M | 1.7% | +10.7% | 6.3 yr |
| COSTCostco Wholesale Corpora | $9M | 1.7% | +5.9% | 9.5 yr |
| GSThe Goldman Sachs Group, | $9M | 1.7% | +58.1% | 9.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management25.6%+2.2pp$142M
Asset Management - Income9.0%+5.4pp$50M
Consumer Electronics6.1%-1.1pp$34M
Software - Infrastructure5.2%-0.7pp$29M
Unknown5.0%+0.4pp$28M
Internet Content & Information4.6%+0.7pp$26M
Drug Manufacturers - General3.1%-0.1pp$17M
Semiconductors2.9%+0.7pp$16M
Specialty Retail2.8%-0.9pp$16M
Discount Stores2.8%-0.4pp$15M
Country
US93.4%+0.2pp
Unknown5.0%+0.4pp
CA0.8%-0.2pp
IE0.6%+0.0pp
GB0.2%+0.1pp
CN0.0%-0.0pp
Top 5: 19.2% · Top 10: 30.8% · Top 25: 52.3%
Top buys this quarter · 15
| BX Blackstone Inc. | +$1M |
| PLTR Palantir Technologies Inc. | +$1M |
| MSFT Microsoft Corporation | +$11M |
| PFE Pfizer Inc. | +$1M |
| KKR KKR & Co. Inc. | +$6M |
| CRWD CrowdStrike Holdings, Inc. | +$10M |
| ACN Accenture plc | +$0M |
| HOOD Robinhood Markets, Inc.new | +$0M |
| RBRK Rubrik, Inc.new | +$0M |
| HON Honeywell International Inc. | +$0M |
Top sells this quarter · 15
| KMI Kinder Morgan, Inc. | −$12M |
| LMT Lockheed Martin Corporation | −$7M |
| AUR Aurora Innovation, Inc.exit | −$1M |
| GIS General Mills, Inc.exit | −$1M |
| AAPL Apple Inc. | −$1M |
| ORCL Oracle Corporation | −$0M |
| GS The Goldman Sachs Group, Inc. | −$0M |
| JPM JPMorgan Chase & Co. | −$0M |
| DLR Digital Realty Trust, Inc.exit | −$0M |
| CAH Cardinal Health, Inc. | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $552M | 211 | +16.66% | +17.59% | -0.94% | +0.02B |
| 2025-12-31 | $543M | 208 | +12.24% | +17.72% | -5.47% | +0.02B |
| 2025-09-30 | $514M | 199 | +16.88% | +17.52% | -0.64% | +0.03B |
| 2025-06-30 | $456M | 182 | +17.58% | +14.94% | +2.64% | +0.00B |
| 2025-03-31 | $417M | 174 | +14.33% | +8.30% | +6.03% | +0.03B |
| 2024-12-31 | $412M | 161 | +27.80% | +24.89% | +2.92% | -0.01B |
| 2024-09-30 | $395M | 151 | +36.43% | +36.04% | +0.40% | -0.00B |
| 2024-06-30 | $370M | 137 | +21.96% | +24.49% | -2.53% | -0.01B |
| 2024-03-31 | $356M | 140 | +22.61% | +29.62% | -7.01% | +0.02B |
| 2023-12-31 | $321M | 134 | +21.37% | +26.18% | -4.80% | -0.00B |
| 2023-09-30 | $287M | 133 | +13.16% | +21.57% | -8.41% | -0.00B |
| 2023-06-30 | $302M | 137 | +15.01% | +19.42% | -4.41% | -0.01B |
| 2023-03-31 | $296M | 132 | -8.50% | -7.82% | -0.68% | +0.00B |
| 2022-12-31 | $279M | 138 | +5.94% | +7.56% | -1.62% | -0.00B |
| 2022-09-30 | $267M | 143 | -2.83% | -4.93% | +2.10% | -0.02B |
| 2022-06-30 | $291M | 544 | -15.27% | -16.11% | +0.84% | -0.01B |