Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.14%
adds when stocks drop
when a holding falls −10%+
Middle response
-2.09%
baseline attrition
Rally response
-2.16%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VUGVanguard Growth ETF | $72M | 5.4% | — | 8.5 yr |
| STXTStrive Total Return Bond | $72M | 5.4% | — | 2.8 yr |
| DFSDDimensional - Short Dura | $62M | 4.7% | — | 2.0 yr |
| VTVVanguard Value ETF | $60M | 4.5% | — | 8.5 yr |
| AVMCAvantis U.S. Mid Cap Equ | $55M | 4.1% | — | 2.0 yr |
| DFAIDimensional - Internatio | $54M | 4.1% | — | 5.0 yr |
| MSFTMicrosoft Corporation | $46M | 3.5% | -0.6% | 8.5 yr |
| FDVVFidelity High Dividend E | $41M | 3.1% | — | 2.8 yr |
| VVVanguard Large-Cap ETF | $39M | 3.0% | — | 4.3 yr |
| BUXXStrive Enhanced Income S | $37M | 2.8% | — | 2.8 yr |
| VCOBXVanguard Core Bond Fund | $37M | 2.8% | — | 0.3 yr |
| STXEStrive Emerging Markets | $32M | 2.4% | — | 3.3 yr |
| DFIEXDFA International Core E | $30M | 2.3% | — | 0.3 yr |
| VWOBVanguard Emerging Market | $27M | 2.0% | — | 5.3 yr |
| SCHFSchwab International Equ | $25M | 1.9% | — | 6.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management72.0%-1.2pp$958M
Asset Management - Bonds12.0%+1.1pp$159M
Unknown4.5%+4.3pp$59M
Software - Infrastructure3.5%-1.4pp$47M
Consumer Electronics1.1%-0.4pp$15M
Internet Content & Information0.7%+0.1pp$10M
Discount Stores0.5%+0.2pp$7M
Semiconductors0.5%+0.1pp$7M
Insurance - Diversified0.5%-0.3pp$7M
Specialty Retail0.3%-0.1pp$5M
Country
US94.7%-4.8pp
Unknown4.5%+4.3pp
CA0.5%+0.4pp
IE0.1%-0.0pp
GB0.1%-0.0pp
CH0.0%-0.0pp
SG0.0%+0.0pp
FR0.0%+0.0pp
Top 5: 24.1% · Top 10: 40.4% · Top 25: 67.2%
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| MSFT | $39M | -0.00B | -0.6% |
Top buys this quarter · 15
| MSFT Microsoft Corporation | +$46M |
| AAPL Apple Inc. | +$1M |
| CSU.TO Constellation Software Inc.new | +$1M |
| CVX Chevron Corporation | +$1M |
| TPL Texas Pacific Land Corporation | +$0M |
| MU Micron Technology, Inc. | +$0M |
| OXLC Oxford Lane Capital Corp. | +$0M |
| NVDA NVIDIA Corporation | +$0M |
| LLY Eli Lilly and Company | +$0M |
| 0R1E.L Nintendo Co., Ltd.new | +$0M |
Top sells this quarter · 15
| UMH UMH Properties, Inc. | −$1M |
| AFL Aflac Incorporated | −$1M |
| MRK Merck & Co., Inc. | −$0M |
| PCAR PACCAR Inc | −$0M |
| SPY State Street SPDR S&P 500 ETF | −$0M |
| NRG NRG Energy, Inc. | −$0M |
| HRI Herc Holdings Inc.exit | −$0M |
| VEEV Veeva Systems Inc.exit | −$0M |
| ENOV Enovis Corporationexit | −$0M |
| GNL Global Net Lease, Inc.exit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.33B | 1549 | +13.52% | +17.59% | -4.08% | +0.35B |
| 2025-12-31 | $1.08B | 970 | +16.92% | +17.72% | -0.80% | +0.09B |
| 2025-09-30 | $968M | 929 | +16.74% | +17.52% | -0.78% | +0.03B |
| 2025-06-30 | $876M | 927 | +11.75% | +14.94% | -3.19% | -0.05B |
| 2025-03-31 | $814M | 922 | +2.06% | +8.30% | -6.24% | +0.08B |
| 2024-12-31 | $784M | 969 | +16.34% | +24.89% | -8.55% | -0.00B |
| 2024-09-30 | $776M | 972 | +31.99% | +36.04% | -4.05% | +0.08B |
| 2024-06-30 | $673M | 944 | +16.55% | +24.49% | -7.95% | +0.02B |
| 2024-03-31 | $631M | 932 | +14.25% | +29.62% | -15.37% | +0.02B |
| 2023-12-31 | $568M | 921 | +26.82% | +26.18% | +0.65% | -0.00B |
| 2023-09-30 | $497M | 881 | +14.38% | +21.57% | -7.19% | +0.06B |
| 2023-06-30 | $476M | 889 | +19.99% | +19.42% | +0.57% | +0.04B |
| 2023-03-31 | $428M | 918 | -1.31% | -7.82% | +6.51% | -0.03B |
| 2022-12-31 | $388M | 878 | -20.73% | -18.17% | -2.55% | +0.01B |
| 2022-09-30 | $363M | 828 | -15.20% | -15.51% | +0.31% | +0.06B |
| 2022-06-30 | $322M | 818 | -10.40% | -10.62% | +0.22% | +0.03B |