Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-4.99%
trims when stocks drop
when a holding falls −10%+
Middle response
-0.69%
baseline attrition
Rally response
-2.10%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $75M | 8.0% | +14.7% | 8.5 yr |
| GOOGLAlphabet Inc. | $50M | 5.4% | — | 8.5 yr |
| GOOGAlphabet Inc. | $34M | 3.6% | +84.3% | 8.5 yr |
| NVDANVIDIA Corporation | $33M | 3.5% | +60.9% | 8.5 yr |
| MSFTMicrosoft Corporation | $19M | 2.1% | -0.6% | 8.5 yr |
| AVGOBroadcom Inc. | $17M | 1.9% | +86.0% | 8.0 yr |
| AMZNAmazon.com, Inc. | $17M | 1.8% | +9.5% | 8.5 yr |
| QQQInvesco QQQ Trust, Serie | $16M | 1.7% | — | 8.0 yr |
| SCHGSchwab U.S. Large-Cap Gr | $16M | 1.7% | — | 8.5 yr |
| LLYEli Lilly and Company | $13M | 1.4% | +12.2% | 8.5 yr |
| METAMeta Platforms, Inc. | $12M | 1.3% | -0.4% | 8.5 yr |
| BRK-BBerkshire Hathaway Inc. | $11M | 1.2% | — | 8.5 yr |
| VOOVanguard S&P 500 ETF | $10M | 1.1% | — | 8.5 yr |
| SPYState Street SPDR S&P 50 | $10M | 1.0% | +17.6% | 8.5 yr |
| COSTCostco Wholesale Corpora | $9M | 1.0% | +5.9% | 8.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management31.1%+4.0pp$291M
Internet Content & Information10.4%+3.3pp$97M
Semiconductors8.8%+0.8pp$82M
Consumer Electronics8.0%-0.8pp$75M
Drug Manufacturers - General3.8%-0.0pp$36M
Software - Infrastructure3.0%-1.5pp$28M
Specialty Retail2.1%-0.4pp$20M
Asset Management - Income2.1%+0.1pp$20M
Asset Management - Bonds1.6%+0.3pp$15M
Oil & Gas Integrated1.6%-0.1pp$15M
Country
US94.9%-0.5pp
Unknown1.2%+0.5pp
CA1.0%+0.4pp
TW0.7%+0.3pp
GB0.5%+0.1pp
IE0.5%-0.1pp
NL0.2%-0.0pp
IL0.2%+0.0pp
Top 5: 22.6% · Top 10: 31.0% · Top 25: 43.7%
Top buys this quarter · 15
| AAOI Applied Optoelectronics, Inc. | +$1M |
| AZN AstraZeneca PLCnew | +$1M |
| DOCN DigitalOcean Holdings, Inc. | +$1M |
| GLW Corning Incorporated | +$1M |
| MU Micron Technology, Inc. | +$1M |
| WDC Western Digital Corporation | +$1M |
| MPC Marathon Petroleum Corporation | +$1M |
| STX Seagate Technology Holdings pl | +$0M |
| FIX Comfort Systems USA, Inc.new | +$0M |
| ETR Entergy Corporation | +$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $934M | 633 | +27.64% | +17.59% | +10.05% | -0.03B |
| 2025-12-31 | $987M | 630 | +22.91% | +17.72% | +5.19% | +0.00B |
| 2025-09-30 | $947M | 626 | +23.37% | +17.52% | +5.86% | -0.08B |
| 2025-06-30 | $920M | 615 | +15.02% | +14.94% | +0.08% | -0.08B |
| 2025-03-31 | $883M | 655 | +6.63% | +8.30% | -1.68% | -0.01B |
| 2024-12-31 | $951M | 653 | +22.20% | +24.89% | -2.68% | -0.02B |
| 2024-09-30 | $928M | 650 | +30.84% | +36.04% | -5.19% | +0.01B |
| 2024-06-30 | $878M | 612 | +20.83% | +24.49% | -3.66% | +0.02B |
| 2024-03-31 | $817M | 602 | +24.33% | +29.62% | -5.30% | -0.05B |
| 2023-12-31 | $809M | 619 | +22.87% | +26.18% | -3.31% | -0.05B |
| 2023-09-30 | $768M | 619 | +16.74% | +21.57% | -4.82% | +0.01B |
| 2023-06-30 | $790M | 627 | +15.49% | +19.42% | -3.93% | -0.00B |
| 2023-03-31 | $736M | 628 | -7.44% | -7.82% | +0.38% | -0.00B |
| 2022-12-31 | $696M | 632 | -16.76% | -18.17% | +1.42% | -0.00B |
| 2022-09-30 | $657M | 619 | -12.82% | -15.51% | +2.69% | -0.10B |
| 2022-06-30 | $792M | 1620 | -8.03% | -10.62% | +2.59% | +0.04B |