Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.08%
adds when stocks drop
when a holding falls −10%+
Middle response
-1.46%
baseline attrition
Rally response
-2.28%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| QQQInvesco QQQ Trust, Serie | $17M | 6.5% | — | 5.8 yr |
| BRK-BBerkshire Hathaway Inc. | $11M | 4.4% | — | 9.0 yr |
| VTIVanguard Total Stock Mar | $10M | 3.9% | — | 1.5 yr |
| AAPLApple Inc. | $10M | 3.9% | +14.7% | 9.0 yr |
| NVDANVIDIA Corporation | $8M | 3.2% | +60.9% | 2.5 yr |
| CVXChevron Corporation | $6M | 2.2% | +29.2% | 9.0 yr |
| GOOGAlphabet Inc. | $6M | 2.2% | +84.3% | 8.5 yr |
| RMRThe RMR Group Inc. | $6M | 2.2% | +4.2% | 5.3 yr |
| RSPInvesco S&P 500 Equal We | $5M | 2.1% | — | 6.8 yr |
| GLWCorning Incorporated | $5M | 2.0% | +201.5% | 9.0 yr |
| AMZNAmazon.com, Inc. | $5M | 1.9% | +9.5% | 8.5 yr |
| VZVerizon Communications I | $5M | 1.8% | +16.5% | 9.0 yr |
| AVGOBroadcom Inc. | $4M | 1.7% | +86.0% | 6.3 yr |
| KYNKayne Anderson Energy In | $4M | 1.7% | — | 9.0 yr |
| WMTWalmart Inc. | $4M | 1.7% | +42.8% | 9.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management22.4%+3.8pp$57M
Semiconductors9.1%+2.0pp$23M
Insurance - Diversified5.1%-1.3pp$13M
Consumer Electronics3.9%-0.0pp$10M
Internet Content & Information3.4%+0.5pp$9M
Telecommunications Services3.4%-0.3pp$9M
Discount Stores3.1%-0.2pp$8M
Oil & Gas Integrated2.7%-0.2pp$7M
Asset Management - Bonds2.6%+1.4pp$7M
Real Estate - Services2.2%-0.9pp$6M
Country
US98.5%+0.4pp
IE0.4%+0.0pp
CA0.3%+0.0pp
NL0.3%+0.1pp
Unknown0.3%-0.1pp
AU0.2%-0.0pp
GB0.1%-0.3pp
Top 5: 22.0% · Top 10: 32.6% · Top 25: 56.0%
Top buys this quarter · 15
| AN AutoNation, Inc. | +$1M |
| RMR The RMR Group Inc. | +$1M |
| T AT&T Inc. | +$0M |
| HD The Home Depot, Inc. | +$0M |
| TYL Tyler Technologies, Inc. | +$0M |
| VZ Verizon Communications Inc. | +$0M |
| AAPL Apple Inc. | +$10M |
| AZN AstraZeneca PLCnew | +$0M |
| ADP Automatic Data Processing, Inc | +$1M |
| KMB Kimberly-Clark Corporation | +$0M |
Top sells this quarter · 15
| BCSF Bain Capital Specialty Finance | −$0M |
| GLW Corning Incorporated | −$4M |
| OBDC Blue Owl Capital Corporation | −$0M |
| NVDA NVIDIA Corporation | −$0M |
| SEE Sealed Air Corporationexit | −$0M |
| AVGO Broadcom Inc. | −$0M |
| WMT Walmart Inc. | −$4M |
| DKNG DraftKings Inc.exit | −$0M |
| MKC McCormick & Company, Incorporaexit | −$0M |
| WHG Westwood Holdings Group, Inc. | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $255M | 155 | +21.88% | +17.59% | +4.29% | -0.01B |
| 2025-12-31 | $260M | 420 | +16.72% | +17.72% | -1.00% | +0.01B |
| 2025-09-30 | $248M | 154 | +13.18% | +17.52% | -4.34% | +0.02B |
| 2025-06-30 | $216M | 147 | +12.08% | +14.94% | -2.86% | -0.03B |
| 2025-03-31 | $227M | 154 | +6.04% | +8.30% | -2.26% | +0.02B |
| 2024-12-31 | $214M | 144 | +14.55% | +24.89% | -10.33% | -0.01B |
| 2024-09-30 | $224M | 149 | +27.84% | +36.04% | -8.19% | -0.00B |
| 2024-06-30 | $210M | 148 | +15.87% | +24.49% | -8.62% | +0.01B |
| 2024-03-31 | $194M | 152 | +18.28% | +29.62% | -11.34% | -0.02B |
| 2023-12-31 | $202M | 322 | +17.83% | +26.18% | -8.34% | +0.02B |
| 2023-09-30 | $165M | 148 | +15.97% | +21.57% | -5.59% | +0.00B |
| 2023-06-30 | $171M | 150 | +8.24% | +19.42% | -11.18% | -0.05B |
| 2023-03-31 | $209M | 161 | -10.37% | -7.82% | -2.55% | -0.00B |
| 2022-12-31 | $201M | 157 | -19.10% | -18.17% | -0.92% | -0.00B |
| 2022-09-30 | $186M | 158 | -17.86% | -15.51% | -2.35% | -0.02B |
| 2022-06-30 | $225M | 172 | -8.32% | -10.62% | +2.30% | +0.01B |