Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+4.67%
adds when stocks drop
when a holding falls −10%+
Middle response
+5.94%
steady accumulation
Rally response
-1.41%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $55M | 8.5% | +60.9% | 6.3 yr |
| — | $32M | 4.9% | — | 0.5 yr |
| SPLGSPDR Portfolio S&P 500 E | $19M | 2.9% | — | 3.5 yr |
| IVEiShares S&P 500 Value ET | $15M | 2.3% | — | 3.3 yr |
| GOOGAlphabet Inc. | $15M | 2.2% | +84.3% | 6.3 yr |
| METAMeta Platforms, Inc. | $13M | 2.0% | -0.4% | 8.3 yr |
| TLTiShares 20+ Year Treasur | $12M | 1.9% | — | 3.5 yr |
| MSFTMicrosoft Corporation | $12M | 1.8% | -0.6% | 8.3 yr |
| IVWiShares S&P 500 Growth E | $11M | 1.8% | — | 3.0 yr |
| AVGOBroadcom Inc. | $11M | 1.6% | +86.0% | 6.0 yr |
| DYNFiShares U.S. Equity Fact | $11M | 1.6% | — | 2.3 yr |
| XOMExxon Mobil Corporation | $10M | 1.5% | +47.6% | 8.3 yr |
| SPYState Street SPDR S&P 50 | $9M | 1.5% | +17.6% | 8.3 yr |
| NFLXNetflix, Inc. | $9M | 1.4% | +3.1% | 6.8 yr |
| SNOWSnowflake Inc. | $9M | 1.4% | +3.2% | 2.8 yr |
Portfolio composition (YoY)
Industry mix
Asset Management34.1%-1.8pp$221M
Semiconductors11.8%+2.0pp$76M
Unknown5.9%+5.9pp$38M
Internet Content & Information5.5%-0.1pp$35M
Asset Management - Bonds4.1%+0.4pp$27M
Software - Infrastructure3.6%+1.4pp$23M
Drug Manufacturers - General3.3%-1.0pp$21M
Software - Application2.5%-0.6pp$16M
Entertainment2.2%-1.4pp$14M
Oil & Gas Integrated2.2%-0.1pp$14M
Country
US91.8%-5.8pp
Unknown5.9%+5.9pp
CA0.9%+0.3pp
CN0.4%-0.3pp
TW0.3%+0.2pp
GB0.2%-0.2pp
SG0.1%-0.0pp
BR0.1%-0.0pp
Top 5: 20.8% · Top 10: 29.9% · Top 25: 48.0%
Top buys this quarter · 15
| CEG Constellation Energy Corporatinew | +$4M |
| SCHW The Charles Schwab Corporation | +$4M |
| CRWV CoreWeave, Inc. Class A Common | +$3M |
| MSFT Microsoft Corporation | +$3M |
| IBM International Business Machine | +$2M |
| NVDA NVIDIA Corporation | +$55M |
| FIG Figma, Inc.new | +$1M |
| FSLR First Solar, Inc. | +$1M |
| TSLA Tesla, Inc. | +$1M |
| RCL Royal Caribbean Cruises Ltd. | +$1M |
Top sells this quarter · 15
| SCCO Southern Copper Corporation | −$4M |
| VLO Valero Energy Corporation | −$4M |
| WMT Walmart Inc. | −$3M |
| CVX Chevron Corporation | −$4M |
| RF Regions Financial Corporationexit | −$1M |
| PYPL PayPal Holdings, Inc. | −$0M |
| SIRI Sirius XM Holdings Inc.exit | −$0M |
| TYG Tortoise Energy Infrastructure | −$0M |
| DIS The Walt Disney Company | −$0M |
| MDT Medtronic plcexit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $646M | 281 | +22.29% | +17.59% | +4.70% | +0.06B |
| 2025-12-31 | $610M | 273 | +18.44% | +17.72% | +0.72% | +0.06B |
| 2025-09-30 | $547M | 251 | +22.80% | +17.52% | +5.28% | +0.02B |
| 2025-06-30 | $482M | 249 | +18.76% | +14.94% | +3.82% | +0.02B |
| 2025-03-31 | $401M | 228 | +6.00% | +8.30% | -2.30% | +0.02B |
| 2024-12-31 | $406M | 241 | +19.78% | +24.89% | -5.11% | -0.01B |
| 2024-09-30 | $403M | 242 | +27.01% | +36.04% | -9.02% | -0.06B |
| 2024-06-30 | $436M | 252 | +16.13% | +24.49% | -8.36% | +0.03B |
| 2024-03-31 | $395M | 236 | +21.26% | +29.62% | -8.36% | +0.01B |
| 2023-12-31 | $361M | 233 | +23.83% | +26.18% | -2.34% | +0.03B |
| 2023-09-30 | $297M | 223 | +16.57% | +21.57% | -5.00% | -0.04B |
| 2023-06-30 | $345M | 246 | +4.35% | +5.38% | -1.03% | +0.00B |
| 2023-03-31 | $321M | 247 | -7.38% | -7.51% | +0.13% | -0.00B |
| 2022-12-31 | $298M | 244 | -4.91% | -4.41% | -0.50% | +0.04B |
| 2022-06-30 | $244M | 207 | -8.20% | -10.62% | +2.42% | +0.01B |
| 2022-03-31 | $268M | 209 | +15.45% | +15.45% | -0.00% | +0.01B |