Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.95%
adds when stocks drop
when a holding falls −10%+
Middle response
-3.29%
baseline attrition
Rally response
-2.95%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| SCHGSchwab U.S. Large-Cap Gr | $10M | 4.7% | — | 6.8 yr |
| SCHVSchwab U.S. Large-Cap Va | $10M | 4.6% | — | 8.3 yr |
| EFAiShares MSCI EAFE ETF | $8M | 3.9% | — | 8.3 yr |
| IDViShares International Se | $7M | 3.4% | — | 8.3 yr |
| WMTWalmart Inc. | $6M | 2.9% | +42.8% | 8.3 yr |
| JNJJohnson & Johnson | $6M | 2.9% | +51.5% | 8.5 yr |
| CCBGCapital City Bank Group, | $6M | 2.9% | +23.9% | 8.3 yr |
| SPYState Street SPDR S&P 50 | $6M | 2.9% | +17.6% | 8.5 yr |
| AAPLApple Inc. | $5M | 2.4% | +14.7% | 8.3 yr |
| MDYState Street SPDR S&P MI | $5M | 2.4% | — | 8.3 yr |
| DVYiShares Select Dividend | $5M | 2.4% | — | 8.3 yr |
| CATCaterpillar Inc. | $5M | 2.4% | +117.8% | 8.3 yr |
| MSFTMicrosoft Corporation | $5M | 2.3% | -0.6% | 8.3 yr |
| HDThe Home Depot, Inc. | $5M | 2.3% | -8.0% | 8.5 yr |
| BPBP p.l.c. | $4M | 1.7% | +47.2% | 8.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management44.1%+4.9pp$95M
Drug Manufacturers - General6.6%+0.3pp$14M
Oil & Gas Integrated3.5%+0.4pp$8M
Regulated Electric3.4%-0.5pp$7M
Discount Stores3.4%+0.4pp$7M
Banks - Regional3.3%-0.4pp$7M
Software - Infrastructure2.8%-0.3pp$6M
Insurance - Diversified2.7%-1.4pp$6M
Consumer Electronics2.4%-0.2pp$5M
Agricultural - Machinery2.4%+1.0pp$5M
Country
US96.4%-0.5pp
GB1.7%+0.2pp
IE1.1%+0.1pp
CH0.4%+0.1pp
CA0.3%+0.0pp
Unknown0.1%
Top 5: 19.5% · Top 10: 33.1% · Top 25: 57.6%
Top buys this quarter · 15
| JNJ Johnson & Johnson | +$6M |
| SPY State Street SPDR S&P 500 ETF | +$5M |
| KO The Coca-Cola Company | +$3M |
| BP BP p.l.c. | +$2M |
| VZ Verizon Communications Inc. | +$1M |
| MRK Merck & Co., Inc. | +$1M |
| WM Waste Management, Inc. | +$1M |
| PG The Procter & Gamble Company | +$2M |
| CBAN Colony Bankcorp, Inc.new | +$0M |
| Q Qnity Electronics, Inc.new | +$0M |
Top sells this quarter · 15
| PPG PPG Industries, Inc.exit | −$36M |
| NFLX Netflix, Inc.exit | −$30M |
| BK The Bank of New York Mellon Co | −$17M |
| HD The Home Depot, Inc. | −$12M |
| OSK Oshkosh Corporationexit | −$5M |
| PEP PepsiCo, Inc. | −$5M |
| PLD Prologis, Inc.exit | −$3M |
| BAX Baxter International Inc.exit | −$3M |
| PRU Prudential Financial, Inc. | −$2M |
| UPS United Parcel Service, Inc. | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $216M | 133 | +13.38% | +17.59% | -4.22% | +0.07B |
| 2025-12-31 | $138M | 89 | +11.58% | +17.72% | -6.14% | -0.06B |
| 2025-09-30 | $205M | 138 | +10.88% | +17.52% | -6.63% | +0.01B |
| 2025-06-30 | $179M | 132 | +12.01% | +14.94% | -2.93% | -0.01B |
| 2025-03-31 | $179M | 132 | +7.30% | +8.30% | -1.00% | +0.00B |
| 2024-12-31 | $177M | 134 | +16.25% | +24.89% | -8.63% | -0.00B |
| 2024-09-30 | $186M | 136 | +28.59% | +36.04% | -7.45% | +0.00B |
| 2024-06-30 | $172M | 135 | +16.01% | +24.49% | -8.48% | -0.00B |
| 2024-03-31 | $172M | 136 | +19.15% | +29.62% | -10.48% | -0.00B |
| 2023-12-31 | $162M | 133 | +9.78% | +26.18% | -16.39% | -0.01B |
| 2023-09-30 | $156M | 135 | +12.52% | +21.57% | -9.04% | +0.00B |
| 2023-06-30 | $160M | 135 | +11.15% | +19.42% | -8.28% | -0.01B |
| 2023-03-31 | $161M | 134 | -3.12% | -7.82% | +4.69% | +0.00B |
| 2022-12-31 | $159M | 133 | -8.07% | -18.17% | +10.11% | -0.00B |
| 2022-09-30 | $144M | 127 | -8.07% | -15.51% | +7.44% | -0.00B |
| 2022-06-30 | $154M | 135 | -3.54% | -10.62% | +7.08% | -0.01B |