Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.11%
adds when stocks drop
when a holding falls −10%+
Middle response
+1.61%
steady accumulation
Rally response
+1.26%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| SCHDSchwab U.S. Dividend Equ | $56M | 8.0% | — | 2.8 yr |
| VHTVanguard Health Care ETF | $47M | 6.7% | — | 8.3 yr |
| CATCaterpillar Inc. | $27M | 3.9% | +117.8% | 8.3 yr |
| MSFTMicrosoft Corporation | $24M | 3.5% | -0.6% | 8.3 yr |
| XOMExxon Mobil Corporation | $21M | 3.1% | +47.6% | 8.3 yr |
| JPMJPMorgan Chase & Co. | $20M | 2.9% | +21.8% | 8.3 yr |
| RTXRTX Corporation | $19M | 2.7% | +48.1% | 6.0 yr |
| CVXChevron Corporation | $19M | 2.7% | +29.2% | 8.3 yr |
| SHELShell plc | $19M | 2.7% | +32.0% | 4.3 yr |
| JNJJohnson & Johnson | $18M | 2.6% | +51.5% | 8.3 yr |
| VPUVanguard Utilities ETF | $18M | 2.5% | — | 2.8 yr |
| GSThe Goldman Sachs Group, | $18M | 2.5% | +58.1% | 3.5 yr |
| FDXFedEx Corporation | $17M | 2.5% | +49.3% | 7.0 yr |
| TOTB.DETotalEnergies SE | $17M | 2.5% | +41.2% | 0.3 yr |
| DEDeere & Company | $17M | 2.4% | +21.2% | 8.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management24.5%-1.1pp$171M
Oil & Gas Integrated11.0%+1.3pp$76M
Banks - Diversified9.6%-0.7pp$67M
Agricultural - Machinery6.3%+1.2pp$44M
Aerospace & Defense4.9%+0.4pp$34M
Drug Manufacturers - General4.5%+0.6pp$31M
Software - Infrastructure3.6%-0.9pp$25M
Medical - Devices3.2%-1.0pp$23M
Household & Personal Products3.2%-0.9pp$22M
Financial - Capital Markets2.6%+0.3pp$18M
Country
US90.2%-1.8pp
GB3.9%-0.1pp
FR2.5%+0.5pp
Unknown1.8%
IE1.7%-0.3pp
Top 5: 25.2% · Top 10: 38.9% · Top 25: 71.8%
Top buys this quarter · 15
| TOTB.DE TotalEnergies SEnew | +$15M |
| DEO Diageo plc | +$1M |
| PG The Procter & Gamble Company | +$1M |
| KMB Kimberly-Clark Corporation | +$1M |
| PFE Pfizer Inc. | +$1M |
| GPC Genuine Parts Company | +$10M |
| O Realty Income Corporation | +$1M |
| TGT Target Corporation | +$1M |
| ABT Abbott Laboratories | +$11M |
| PEP PepsiCo, Inc. | +$1M |
Top sells this quarter · 15
| CAT Caterpillar Inc. | −$24M |
| GS The Goldman Sachs Group, Inc. | −$0M |
| RTX RTX Corporation | −$19M |
| MO Altria Group, Inc.exit | −$0M |
| PSX Phillips 66exit | −$0M |
| EMR Emerson Electric Co. | −$0M |
| FDX FedEx Corporation | −$14M |
| AAPL Apple Inc. | −$0M |
| UNH UnitedHealth Group Incorporateexit | −$0M |
| ADP Automatic Data Processing, Incexit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $697M | 100 | +19.96% | +17.59% | +2.37% | +0.03B |
| 2025-12-31 | $647M | 102 | +14.43% | +17.72% | -3.29% | +0.00B |
| 2025-09-30 | $628M | 97 | +11.40% | +17.52% | -6.12% | +0.01B |
| 2025-06-30 | $572M | 87 | +10.98% | +14.94% | -3.96% | +0.02B |
| 2025-03-31 | $527M | 86 | +5.07% | +8.30% | -3.24% | +0.04B |
| 2024-12-31 | $496M | 79 | +16.08% | +24.89% | -8.80% | +0.01B |
| 2024-09-30 | $489M | 73 | +27.28% | +36.04% | -8.76% | +0.04B |
| 2024-06-30 | $416M | 73 | +14.75% | +24.49% | -9.74% | +0.01B |
| 2024-03-31 | $411M | 69 | +20.37% | +29.62% | -9.25% | +0.01B |
| 2023-12-31 | $365M | 62 | +10.03% | +26.18% | -16.14% | +0.00B |
| 2023-09-30 | $332M | 57 | +17.52% | +21.57% | -4.05% | +0.00B |
| 2023-06-30 | $343M | 58 | +14.04% | +19.42% | -5.38% | +0.01B |
| 2023-03-31 | $321M | 57 | -1.99% | -7.82% | +5.83% | +0.00B |
| 2022-12-31 | $318M | 56 | +16.70% | +7.56% | +9.14% | +0.01B |
| 2022-09-30 | $267M | 54 | -6.35% | -4.93% | -1.42% | +0.01B |
| 2022-06-30 | $277M | 54 | -10.22% | -16.11% | +5.89% | +0.00B |