Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+2.55%
adds when stocks drop
when a holding falls −10%+
Middle response
+2.15%
steady accumulation
Rally response
+2.58%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $148M | 10.3% | +60.9% | 8.5 yr |
| GOOGAlphabet Inc. | $141M | 9.8% | +84.3% | 8.5 yr |
| AAPLApple Inc. | $80M | 5.6% | +14.7% | 8.5 yr |
| METAMeta Platforms, Inc. | $45M | 3.1% | -0.4% | 8.5 yr |
| AMZNAmazon.com, Inc. | $39M | 2.7% | +9.5% | 8.5 yr |
| SPYState Street SPDR S&P 50 | $35M | 2.4% | +17.6% | 8.5 yr |
| QQQInvesco QQQ Trust, Serie | $31M | 2.2% | — | 8.0 yr |
| MSFTMicrosoft Corporation | $31M | 2.1% | -0.6% | 8.5 yr |
| ACWIiShares MSCI ACWI ETF | $24M | 1.7% | — | 4.3 yr |
| ULSTState Street Ultra Short | $24M | 1.7% | — | 3.3 yr |
| ICSHiShares Ultra Short Dura | $24M | 1.7% | — | 3.3 yr |
| GOOGLAlphabet Inc. | $21M | 1.5% | — | 8.5 yr |
| IVViShares Core S&P 500 ETF | $21M | 1.5% | — | 5.3 yr |
| AVGOBroadcom Inc. | $21M | 1.5% | +86.0% | 7.8 yr |
| IAUMiShares Gold Trust Micro | $17M | 1.2% | — | 1.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management32.8%+1.5pp$472M
Internet Content & Information14.5%+2.3pp$209M
Semiconductors13.7%+3.5pp$197M
Consumer Electronics5.6%-0.9pp$80M
Software - Infrastructure3.3%-0.6pp$48M
Specialty Retail3.0%-0.1pp$43M
Asset Management - Bonds2.2%-0.7pp$32M
Software - Application1.8%+0.1pp$26M
Drug Manufacturers - General1.8%-0.0pp$26M
Asset Management - Leveraged1.6%-1.2pp$23M
Country
US97.9%-0.4pp
CA0.6%+0.3pp
IE0.3%-0.1pp
TW0.3%+0.1pp
GB0.3%+0.1pp
NL0.1%+0.0pp
BR0.1%-0.0pp
CH0.1%-0.0pp
Top 5: 31.5% · Top 10: 41.6% · Top 25: 58.1%
Top buys this quarter · 15
| SPY State Street SPDR S&P 500 ETF | +$8M |
| PM Philip Morris International In | +$7M |
| AVGO Broadcom Inc. | +$5M |
| GOOG Alphabet Inc. | +$141M |
| NVDA NVIDIA Corporation | +$148M |
| META Meta Platforms, Inc. | +$45M |
| SPGI S&P Global Inc. | +$3M |
| MA Mastercard Incorporated | +$3M |
| TSLA Tesla, Inc. | +$15M |
| PLTR Palantir Technologies Inc. | +$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.44B | 459 | +30.17% | +17.59% | +12.58% | +0.10B |
| 2025-12-31 | $1.43B | 424 | +25.64% | +17.72% | +7.93% | -0.01B |
| 2025-09-30 | $1.38B | 419 | +28.78% | +17.52% | +11.26% | -0.16B |
| 2025-06-30 | $1.35B | 436 | +17.79% | +14.94% | +2.85% | +0.14B |
| 2025-03-31 | $1.03B | 424 | +8.16% | +8.30% | -0.14% | +0.04B |
| 2024-12-31 | $1.10B | 472 | +29.69% | +24.89% | +4.80% | +0.11B |
| 2024-09-30 | $919M | 430 | +33.78% | +36.04% | -2.26% | -0.02B |
| 2024-06-30 | $904M | 408 | +24.41% | +24.49% | -0.09% | -0.03B |
| 2024-03-31 | $872M | 413 | +31.10% | +29.62% | +1.47% | +0.00B |
| 2023-12-31 | $809M | 355 | +37.45% | +26.18% | +11.27% | +0.08B |
| 2023-09-30 | $656M | 325 | +24.04% | +21.57% | +2.48% | +0.10B |
| 2023-06-30 | $575M | 300 | +22.85% | +19.42% | +3.43% | +0.01B |
| 2023-03-31 | $496M | 283 | -9.89% | -7.82% | -2.07% | -0.03B |
| 2022-12-31 | $466M | 268 | -23.85% | -18.17% | -5.67% | +0.11B |
| 2022-09-30 | $360M | 247 | -15.65% | -15.51% | -0.14% | +0.01B |
| 2022-06-30 | $368M | 252 | -11.56% | -10.62% | -0.94% | -0.07B |