Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+2.93%
adds when stocks drop
when a holding falls −10%+
Middle response
+2.55%
steady accumulation
Rally response
+4.27%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| — | $226M | 19.1% | — | 1.8 yr |
| — | $144M | 12.2% | — | 0.8 yr |
| — | $103M | 8.7% | — | 0.3 yr |
| — | $95M | 8.0% | — | 1.5 yr |
| — | $93M | 7.9% | — | 1.8 yr |
| — | $60M | 5.0% | — | 0.3 yr |
| — | $56M | 4.7% | — | 0.3 yr |
| — | $54M | 4.5% | — | 0.5 yr |
| — | $41M | 3.4% | — | 2.0 yr |
| — | $25M | 2.1% | — | 0.3 yr |
| PPLCPPL Corporation Corporat | $21M | 1.7% | — | 0.3 yr |
| EAElectronic Arts Inc. | $20M | 1.7% | +41.7% | 0.5 yr |
| MKSIMKS Inc. | $19M | 1.6% | +188.8% | 0.5 yr |
| COINCoinbase Global, Inc. | $17M | 1.5% | +1.4% | 4.8 yr |
| FLRFluor Corporation | $16M | 1.4% | +30.2% | 2.8 yr |
Portfolio composition (YoY)
Industry mix
Unknown76.6%+36.0pp$907M
Software - Infrastructure3.5%+2.8pp$41M
Entertainment3.5%-1.7pp$41M
Regulated Electric2.5%$30M
Asset Management1.9%+1.6pp$23M
Electronic Gaming & Multimedia1.7%$20M
Hardware, Equipment & Parts1.6%$19M
Financial - Data & Stock Exchanges1.5%-0.2pp$17M
Engineering & Construction1.4%-0.8pp$16M
Restaurants1.1%$13M
Country
Unknown76.6%+36.0pp
US23.3%-33.6pp
IE0.1%-0.2pp
Top 5: 55.8% · Top 10: 75.6% · Top 25: 93.7%
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| PPLC PPL Corporation Corporate Unitnew | +$20M |
| MKSI MKS Inc. | +$13M |
| WBD Warner Bros. Discovery, Inc.new | +$12M |
| PANW Palo Alto Networks, Inc.new | +$11M |
| CRWV CoreWeave, Inc. Class A Common | +$10M |
| SO The Southern Company | +$7M |
| ETSY Etsy, Inc. | +$6M |
| EA Electronic Arts Inc. | +$6M |
| ORA Ormat Technologies, Inc.new | +$6M |
| NTNX Nutanix, Inc. | +$4M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.19B | 52 | +23.36% | +17.59% | +5.77% | +0.39B |
| 2025-12-31 | $842M | 40 | +4.22% | +17.72% | -13.50% | -0.36B |
| 2025-09-30 | $1.24B | 39 | +17.12% | +17.52% | -0.40% | +0.50B |
| 2025-06-30 | $713M | 39 | +27.17% | +14.94% | +12.23% | -0.08B |
| 2025-03-31 | $608M | 39 | +2.33% | +8.30% | -5.97% | -0.30B |
| 2024-12-31 | $1.15B | 37 | +38.90% | +24.89% | +14.02% | -0.06B |
| 2024-09-30 | $1.11B | 41 | +31.60% | +36.04% | -4.44% | -0.27B |
| 2024-06-30 | $1.22B | 39 | +18.11% | +24.49% | -6.38% | -0.16B |
| 2024-03-31 | $1.31B | 43 | +24.31% | +29.62% | -5.31% | +0.18B |
| 2023-12-31 | $1.05B | 40 | +17.53% | +26.18% | -8.65% | -0.19B |
| 2023-09-30 | $1.21B | 38 | +14.13% | +21.57% | -7.44% | +0.00B |
| 2023-06-30 | $1.19B | 40 | +16.14% | +19.42% | -3.29% | -0.43B |
| 2023-03-31 | $1.47B | 51 | -13.09% | -7.82% | -5.27% | -0.21B |
| 2022-12-31 | $1.64B | 58 | +0.29% | +7.56% | -7.27% | +0.32B |
| 2022-09-30 | $1.32B | 59 | +2.66% | -4.93% | +7.58% | +0.19B |
| 2022-06-30 | $1.10B | 62 | -17.16% | -16.11% | -1.05% | +0.07B |