Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+10.37%
adds when stocks drop
when a holding falls −10%+
Middle response
+3.73%
steady accumulation
Rally response
-6.21%
trims into rallies
when a holding rises +10%+
Top positions · 16
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| ALCOAlico, Inc. | $53M | 20.6% | +38.7% | 2.5 yr |
| HOGHarley-Davidson, Inc. | $46M | 17.9% | -17.3% | 0.3 yr |
| EVCEntravision Communicatio | $31M | 12.2% | +52.3% | 2.3 yr |
| IMKTAIngles Markets, Incorpor | $20M | 7.7% | — | 1.0 yr |
| JAKKJAKKS Pacific, Inc. | $19M | 7.5% | -14.9% | 0.8 yr |
| HTLDHeartland Express, Inc. | $16M | 6.4% | +13.9% | 1.8 yr |
| SEGSeaport Entertainment Gr | $15M | 5.8% | +0.0% | 0.5 yr |
| HLXHelix Energy Solutions G | $13M | 5.0% | +19.0% | 2.0 yr |
| SGASaga Communications, Inc | $10M | 3.9% | +1.5% | 2.5 yr |
| IPIIntrepid Potash, Inc. | $10M | 3.7% | +45.5% | 2.3 yr |
| CPHCCanterbury Park Holding | $7M | 2.7% | -13.1% | 2.5 yr |
| BTUPeabody Energy Corporati | $6M | 2.2% | +146.4% | 1.3 yr |
| DOUGDouglas Elliman Inc. | $4M | 1.5% | -4.7% | 0.5 yr |
| HOFTHooker Furnishings Corpo | $3M | 1.2% | +36.6% | 0.5 yr |
| AXRAMREP Corporation | $2M | 0.9% | +40.3% | 2.5 yr |
Portfolio composition (YoY)
Industry mix
Agricultural Farm Products20.6%+5.5pp$53M
Auto - Recreational Vehicles17.9%$46M
Broadcasting16.1%-4.8pp$41M
Grocery Stores7.7%$20M
Leisure7.5%$19M
Real Estate - Services7.2%$19M
Trucking6.4%+3.2pp$16M
Oil & Gas Equipment & Services5.0%-10.8pp$13M
Agricultural Inputs3.7%-19.4pp$10M
Gambling, Resorts & Casinos2.7%-1.1pp$7M
Country
US100.0%+0.0pp
Top 5: 65.9% · Top 10: 90.7% · Top 25: 100.0%
Top buys this quarter · 7
| IMKTA Ingles Markets, Incorporated | +$0M |
| HOG Harley-Davidson, Inc.new | +$46M |
| SEG Seaport Entertainment Group In | +$7M |
| JAKK JAKKS Pacific, Inc. | +$4M |
| DOUG Douglas Elliman Inc. | +$3M |
| HOFT Hooker Furnishings Corporation | +$0M |
| CPHC Canterbury Park Holding Corpor | +$0M |
Top sells this quarter · 11
| IPI Intrepid Potash, Inc. | −$30M |
| BTU Peabody Energy Corporation | −$14M |
| MOS The Mosaic Companyexit | −$14M |
| HTLD Heartland Express, Inc. | −$6M |
| HLX Helix Energy Solutions Group, | −$12M |
| FF FutureFuel Corp.exit | −$4M |
| EVC Entravision Communications Cor | −$2M |
| TG Tredegar Corporationexit | −$1M |
| ALCO Alico, Inc. | −$47M |
| AXR AMREP Corporation | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $257M | 16 | +29.26% | +17.59% | +11.67% | -0.01B |
| 2025-12-31 | $231M | 17 | +10.87% | +17.72% | -6.85% | +0.02B |
| 2025-09-30 | $199M | 15 | +4.79% | +17.52% | -12.72% | +0.02B |
| 2025-06-30 | $168M | 16 | +18.00% | +14.94% | +3.06% | -0.01B |
| 2025-03-31 | $173M | 15 | +11.64% | +8.30% | +3.34% | +0.01B |
| 2024-12-31 | $166M | 15 | +3.33% | +24.89% | -21.56% | -0.00B |
| 2024-09-30 | $170M | 15 | +19.08% | +5.75% | +13.33% | +0.01B |
| 2024-06-30 | $137M | 13 | -3.46% | +4.38% | -7.84% | +0.01B |
| 2024-03-31 | $134M | 15 | -8.05% | +10.39% | -18.44% | +0.04B |
| 2023-12-31 | $105M | 12 | — | — | — | — |