Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-3.10%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.36%
steady accumulation
Rally response
+1.36%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| DFACDimensional - US Core Eq | $163M | 6.5% | — | 2.5 yr |
| ITOTiShares Core S&P Total U | $147M | 5.9% | — | 7.3 yr |
| SMTHALPS Funds Smith Core Pl | $88M | 3.5% | — | 2.5 yr |
| DFCFDimensional - Core Fixed | $84M | 3.4% | — | 2.3 yr |
| DGRWWisdomTree U.S. Quality | $83M | 3.3% | — | 7.0 yr |
| RECSColumbia Research Enhanc | $82M | 3.3% | — | 1.8 yr |
| DYNFiShares U.S. Equity Fact | $63M | 2.5% | — | 1.3 yr |
| SPABState Street SPDR Portfo | $58M | 2.3% | — | 2.0 yr |
| IGEBiShares Investment Grade | $53M | 2.1% | — | 2.3 yr |
| MFDXPIMCO RAFI Dynamic Multi | $51M | 2.1% | — | 2.5 yr |
| IVViShares Core S&P 500 ETF | $50M | 2.0% | — | 7.3 yr |
| IAGGiShares Core Internation | $50M | 2.0% | — | 2.3 yr |
| PYLDPIMCO Multisector Bond A | $49M | 2.0% | — | 1.3 yr |
| DCORDimensional - US Core Eq | $46M | 1.9% | — | 1.5 yr |
| NVDANVIDIA Corporation | $41M | 1.7% | +60.9% | 4.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management52.5%+2.1pp$1.31B
Asset Management - Bonds14.6%-0.7pp$363M
Asset Management - Income5.3%-0.4pp$133M
Semiconductors3.3%+1.0pp$82M
Drug Manufacturers - General2.3%+0.4pp$56M
Internet Content & Information2.1%-0.0pp$53M
Banks - Diversified1.7%+0.1pp$42M
Software - Infrastructure1.6%-0.3pp$39M
Consumer Electronics1.3%-0.0pp$33M
Aerospace & Defense1.3%+0.4pp$33M
Country
US99.2%+0.2pp
IE0.6%-0.1pp
NL0.1%
GB0.1%+0.0pp
TW0.0%
Unknown0.0%+0.0pp
CH0.0%-0.0pp
SG0.0%
Top 5: 22.6% · Top 10: 35.0% · Top 25: 57.3%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| AVGO | $18M | +0.02B | 86.0% |
| NVDA | $20M | +0.01B | 60.9% |
| AAPL | $26M | +0.00B | 14.7% |
| AMZN | $19M | +0.00B | 9.5% |
| MSFT | $33M | -0.00B | -0.6% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| MSFT | $33M | -0.00B | -0.6% |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $2.49B | 371 | +16.74% | +17.59% | -0.85% | +0.12B |
| 2025-12-31 | $2.50B | 350 | +16.93% | +17.72% | -0.79% | +0.01B |
| 2025-09-30 | $2.42B | 356 | +15.48% | +17.52% | -2.04% | +0.09B |
| 2025-06-30 | $2.18B | 355 | +13.24% | +14.94% | -1.70% | +0.09B |
| 2025-03-31 | $1.88B | 315 | +3.96% | +8.30% | -4.35% | +0.29B |
| 2024-12-31 | $1.66B | 270 | +15.47% | +24.89% | -9.41% | +0.21B |
| 2024-09-30 | $1.43B | 251 | +25.93% | +36.04% | -10.11% | +0.16B |
| 2024-06-30 | $1.21B | 223 | +16.00% | +24.49% | -8.49% | +0.16B |
| 2024-03-31 | $1.02B | 204 | +19.57% | +29.62% | -10.06% | +0.13B |
| 2023-12-31 | $843M | 181 | +17.59% | +26.18% | -8.59% | +0.11B |
| 2023-09-30 | $666M | 157 | +15.59% | +21.57% | -5.98% | +0.04B |
| 2023-06-30 | $650M | 165 | +13.01% | +19.42% | -6.42% | +0.02B |
| 2023-03-31 | $593M | 171 | -5.99% | -7.82% | +1.83% | +0.01B |
| 2022-12-31 | $558M | 153 | -13.73% | -18.17% | +4.44% | +0.02B |
| 2022-09-30 | $494M | 150 | -11.92% | -15.51% | +3.59% | -0.00B |
| 2022-06-30 | $527M | 147 | -12.04% | -16.11% | +4.07% | -0.00B |