Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+2.57%
adds when stocks drop
when a holding falls −10%+
Middle response
-5.84%
baseline attrition
Rally response
-14.82%
trims into rallies
when a holding rises +10%+
Top positions · 12
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AGIAlamos Gold Inc. | $33M | 23.7% | +66.7% | 1.0 yr |
| PSAPublic Storage | $20M | 14.5% | -5.7% | 3.0 yr |
| CSTMConstellium SE | $20M | 14.0% | +143.6% | 5.3 yr |
| TFXTeleflex Incorporated | $14M | 10.1% | -12.4% | 0.3 yr |
| CFGCitizens Financial Group | $13M | 9.6% | +51.7% | 6.0 yr |
| MTNVail Resorts, Inc. | $10M | 7.3% | -16.1% | 2.0 yr |
| BDXBecton, Dickinson and Co | $8M | 5.5% | +14.0% | 0.5 yr |
| ANGIVAngi Inc. Class A Common | $7M | 4.9% | — | 0.3 yr |
| HDBHDFC Bank Limited | $6M | 4.4% | -24.3% | 1.5 yr |
| AMZNAmazon.com, Inc. | $5M | 3.5% | +9.5% | 5.0 yr |
| WDAYWorkday, Inc. | $2M | 1.6% | -44.4% | 0.3 yr |
| BLDRBuilders FirstSource, In | $1M | 0.9% | -34.1% | 8.5 yr |
Portfolio composition (YoY)
Industry mix
Gold23.7%+17.6pp$33M
Medical - Instruments & Supplies15.6%$22M
REIT - Industrial14.5%+1.5pp$20M
Banks - Regional14.0%-5.2pp$20M
Aluminum14.0%+1.2pp$20M
Gambling, Resorts & Casinos7.3%-3.1pp$10M
Internet Content & Information4.9%$7M
Specialty Retail3.5%-11.8pp$5M
Software - Application1.6%$2M
Construction0.9%-0.6pp$1M
Country
US57.8%-16.5pp
CA23.7%+20.2pp
FR14.0%+1.2pp
IN4.4%-4.9pp
Top 5: 71.9% · Top 10: 97.5% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $140M | 12 | +32.28% | +17.59% | +14.69% | -0.00B |
| 2025-12-31 | $133M | 12 | +21.57% | +17.72% | +3.85% | -0.02B |
| 2025-09-30 | $144M | 12 | +5.08% | +17.52% | -12.44% | -0.02B |
| 2025-06-30 | $148M | 14 | +5.33% | +14.94% | -9.61% | +0.01B |
| 2025-03-31 | $124M | 13 | -9.82% | +8.30% | -18.13% | +0.02B |
| 2024-12-31 | $101M | 14 | +5.00% | +24.89% | -19.89% | +0.00B |
| 2024-09-30 | $111M | 14 | +36.83% | +36.04% | +0.79% | -0.04B |
| 2024-06-30 | $139M | 17 | +25.59% | +24.49% | +1.10% | -0.01B |
| 2024-03-31 | $165M | 15 | +63.49% | +29.62% | +33.86% | -0.03B |
| 2023-12-31 | $166M | 18 | +44.02% | +26.18% | +17.84% | -0.07B |
| 2023-09-30 | $200M | 17 | +32.87% | +21.57% | +11.31% | -0.01B |
| 2023-06-30 | $207M | 17 | +35.30% | +19.42% | +15.87% | -0.04B |
| 2023-03-31 | $207M | 16 | -2.34% | -7.82% | +5.48% | -0.02B |
| 2022-12-31 | $220M | 17 | +9.21% | +7.56% | +1.65% | -0.04B |
| 2022-09-30 | $235M | 19 | +1.35% | -4.93% | +6.28% | +0.01B |
| 2022-06-30 | $222M | 17 | -13.40% | -16.11% | +2.71% | +0.04B |