Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.61%
trims when stocks drop
when a holding falls −10%+
Middle response
+1.28%
steady accumulation
Rally response
+0.90%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| QQQInvesco QQQ Trust, Serie | $16M | 7.9% | — | 7.5 yr |
| GLWCorning Incorporated | $14M | 7.1% | +201.5% | 8.8 yr |
| MSFTMicrosoft Corporation | $12M | 5.9% | -0.6% | 8.8 yr |
| JNJJohnson & Johnson | $11M | 5.5% | +51.5% | 8.8 yr |
| XOMExxon Mobil Corporation | $10M | 4.9% | +47.6% | 8.8 yr |
| AAPLApple Inc. | $10M | 4.8% | +14.7% | 8.8 yr |
| RTXRTX Corporation | $10M | 4.8% | +48.1% | 5.5 yr |
| JPMJPMorgan Chase & Co. | $10M | 4.7% | +21.8% | 8.8 yr |
| LMTLockheed Martin Corporat | $9M | 4.4% | +39.0% | 8.8 yr |
| SPYGState Street SPDR Portfo | $8M | 4.1% | — | 5.5 yr |
| CVXChevron Corporation | $8M | 3.8% | +29.2% | 8.8 yr |
| SPYState Street SPDR S&P 50 | $7M | 3.3% | +17.6% | 8.8 yr |
| GOOGAlphabet Inc. | $6M | 3.1% | +84.3% | 8.8 yr |
| PAGPPlains GP Holdings, L.P. | $6M | 3.0% | +23.4% | 1.3 yr |
| AMATApplied Materials, Inc. | $6M | 2.8% | +137.6% | 8.8 yr |
Portfolio composition (YoY)
Industry mix
Asset Management20.1%-2.0pp$41M
Aerospace & Defense11.3%+1.6pp$23M
Drug Manufacturers - General10.6%+0.8pp$22M
Oil & Gas Integrated8.7%+0.4pp$18M
Hardware, Equipment & Parts7.2%+2.8pp$15M
Software - Infrastructure6.1%-0.9pp$12M
Oil & Gas Midstream5.0%+2.5pp$10M
Banks - Diversified4.9%-1.1pp$10M
Consumer Electronics4.9%-0.7pp$10M
Semiconductors3.5%+1.3pp$7M
Country
US98.5%-0.9pp
Unknown0.9%+0.8pp
CA0.2%+0.1pp
BR0.1%+0.0pp
GB0.1%-0.0pp
GR0.0%+0.0pp
IL0.0%+0.0pp
MC0.0%+0.0pp
Top 5: 31.2% · Top 10: 54.2% · Top 25: 86.0%
Top buys this quarter · 15
| PAGP Plains GP Holdings, L.P. | +$4M |
| MSFT Microsoft Corporation | +$12M |
| AMZN Amazon.com, Inc. | +$0M |
| LOW Lowe's Companies, Inc. | +$0M |
| LMT Lockheed Martin Corporation | +$0M |
| AAPL Apple Inc. | +$10M |
| MRK Merck & Co., Inc. | +$0M |
| EMR Emerson Electric Co. | +$0M |
| CQP Cheniere Energy Partners, L.P. | +$0M |
| XOM Exxon Mobil Corporation | +$0M |
Top sells this quarter · 15
| GLW Corning Incorporated | −$13M |
| RTX RTX Corporation | −$10M |
| SLB SLB N.V. | −$1M |
| WFC Wells Fargo & Company | −$0M |
| TXN Texas Instruments Incorporated | −$0M |
| JPM JPMorgan Chase & Co. | −$0M |
| JNJ Johnson & Johnson | −$10M |
| CHRD Chord Energy Corporation | −$0M |
| BAC Bank of America Corporation | −$0M |
| WDC Western Digital Corporation | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $205M | 389 | +36.41% | +17.59% | +18.82% | -0.01B |
| 2025-12-31 | $193M | 406 | +23.83% | +17.72% | +6.11% | -0.00B |
| 2025-09-30 | $189M | 395 | +16.59% | +17.52% | -0.93% | +0.00B |
| 2025-06-30 | $167M | 382 | +10.22% | +14.94% | -4.72% | +0.00B |
| 2025-03-31 | $155M | 369 | +7.48% | +8.30% | -0.82% | -0.00B |
| 2024-12-31 | $158M | 367 | +14.15% | +24.89% | -10.73% | -0.00B |
| 2024-09-30 | $164M | 375 | +24.67% | +36.04% | -11.37% | -0.00B |
| 2024-06-30 | $154M | 369 | +12.68% | +24.49% | -11.81% | +0.00B |
| 2024-03-31 | $148M | 355 | +16.04% | +29.62% | -13.58% | +0.00B |
| 2023-12-31 | $138M | 380 | +11.69% | +26.18% | -14.49% | -0.00B |
| 2023-09-30 | $131M | 401 | +9.63% | +21.57% | -11.94% | -0.00B |
| 2023-06-30 | $137M | 394 | -1.45% | +19.42% | -20.87% | -0.00B |
| 2023-03-31 | $131M | 383 | -44.87% | -7.82% | -37.05% | -0.01B |
| 2022-12-31 | $133M | 372 | -48.56% | -18.17% | -30.38% | +0.00B |
| 2022-09-30 | $123M | 381 | -45.83% | -15.51% | -30.33% | +0.01B |
| 2022-06-30 | $127M | 390 | -37.29% | -10.62% | -26.67% | +0.04B |