Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.69%
trims when stocks drop
when a holding falls −10%+
Middle response
+1.56%
steady accumulation
Rally response
-2.73%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $82M | 4.4% | +60.9% | 8.5 yr |
| AAPLApple Inc. | $59M | 3.2% | +14.7% | 12.3 yr |
| IVViShares Core S&P 500 ETF | $56M | 3.0% | — | 12.3 yr |
| AMZNAmazon.com, Inc. | $46M | 2.5% | +9.5% | 9.8 yr |
| SPYState Street SPDR S&P 50 | $39M | 2.1% | +17.6% | 10.8 yr |
| VOOVanguard S&P 500 ETF | $34M | 1.8% | — | 8.3 yr |
| MSFTMicrosoft Corporation | $31M | 1.7% | -0.6% | 11.5 yr |
| QQQInvesco QQQ Trust, Serie | $29M | 1.5% | — | 7.8 yr |
| TSLATesla, Inc. | $24M | 1.3% | +43.4% | 8.3 yr |
| VGSHVanguard Short-Term Trea | $24M | 1.3% | — | 6.8 yr |
| GOOGLAlphabet Inc. | $19M | 1.0% | — | 8.8 yr |
| AVGOBroadcom Inc. | $19M | 1.0% | +86.0% | 6.8 yr |
| GOOGAlphabet Inc. | $16M | 0.8% | +84.3% | 9.0 yr |
| STRKMicroStrategy Incorporat | $14M | 0.8% | -8.0% | 0.5 yr |
| METAMeta Platforms, Inc. | $14M | 0.8% | -0.4% | 11.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management44.8%+1.5pp$838M
Semiconductors8.1%+1.6pp$152M
Software - Infrastructure3.5%-1.0pp$66M
Consumer Electronics3.2%-1.2pp$59M
Internet Content & Information2.8%-0.2pp$53M
Specialty Retail2.7%-0.1pp$51M
Asset Management - Leveraged2.3%+0.8pp$44M
Software - Application2.3%+1.0pp$43M
Asset Management - Bonds2.1%-0.1pp$40M
Drug Manufacturers - General1.9%+0.0pp$36M
Country
US95.1%-1.4pp
Unknown1.4%+0.6pp
CA1.4%+0.5pp
GB0.4%+0.1pp
TW0.4%+0.2pp
IE0.3%-0.6pp
RU0.2%
SG0.2%+0.1pp
Top 5: 15.2% · Top 10: 22.7% · Top 25: 33.7%
Top buys this quarter · 15
| ET Energy Transfer LP | +$3M |
| FFIV F5, Inc.new | +$2M |
| PYPL PayPal Holdings, Inc. | +$2M |
| WGS GeneDx Holdings Corp. | +$2M |
| MRK Merck & Co., Inc. | +$2M |
| LLY Eli Lilly and Company | +$2M |
| KEYS Keysight Technologies, Inc.new | +$2M |
| WDC Western Digital Corporation | +$2M |
| ENB Enbridge Inc. | +$2M |
| TRGP Targa Resources Corp.new | +$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.87B | 1005 | +25.84% | +17.59% | +8.25% | -0.17B |
| 2025-12-31 | $2.11B | 997 | +21.10% | +17.72% | +3.38% | +1.03B |
| 2025-09-30 | $1.06B | 604 | +25.11% | +17.52% | +7.59% | -0.07B |
| 2025-06-30 | $1.02B | 612 | +20.19% | +14.94% | +5.25% | -0.06B |
| 2025-03-31 | $940M | 570 | +8.12% | +8.30% | -0.18% | -0.01B |
| 2024-12-31 | $1.01B | 603 | +24.57% | +24.89% | -0.31% | +0.02B |
| 2024-09-30 | $941M | 578 | +33.88% | +36.04% | -2.16% | -0.03B |
| 2024-06-30 | $906M | 566 | +22.33% | +24.49% | -2.16% | +0.06B |
| 2024-03-31 | $823M | 466 | +30.67% | +29.62% | +1.05% | -0.08B |
| 2023-12-31 | $839M | 566 | +35.30% | +26.18% | +9.13% | +0.03B |
| 2023-09-30 | $712M | 542 | +21.82% | +21.57% | +0.25% | -0.04B |
| 2023-06-30 | $776M | 572 | +20.37% | +19.42% | +0.95% | -0.03B |
| 2023-03-31 | $730M | 583 | -8.94% | -7.82% | -1.12% | -0.03B |
| 2022-12-31 | $684M | 540 | -21.92% | -18.17% | -3.75% | -0.01B |
| 2022-09-30 | $680M | 546 | -14.95% | -15.51% | +0.56% | -0.04B |
| 2022-06-30 | $751M | 584 | -11.22% | -10.62% | -0.60% | -0.06B |