Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-3.44%
trims when stocks drop
when a holding falls −10%+
Middle response
-8.28%
baseline attrition
Rally response
-15.71%
trims into rallies
when a holding rises +10%+
Top positions · 10
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| CPNGCoupang, Inc. | $5.47B | 70.7% | -13.9% | 5.3 yr |
| GRABGrab Holdings Limited | $1.47B | 19.0% | -19.2% | 4.5 yr |
| RLAYRelay Therapeutics, Inc. | $278M | 3.6% | +279.8% | 5.8 yr |
| COMPCompass, Inc. | $161M | 2.1% | -16.3% | 5.0 yr |
| VIRVir Biotechnology, Inc. | $98M | 1.3% | +38.3% | 6.5 yr |
| AURAurora Innovation, Inc. | $82M | 1.1% | -38.8% | 4.5 yr |
| ROIVRoivant Sciences Ltd. | $74M | 1.0% | +174.5% | 4.5 yr |
| NRGVEnergy Vault Holdings, I | $51M | 0.7% | +374.5% | 4.0 yr |
| YMMFull Truck Alliance Co. | $44M | 0.6% | -35.0% | 3.8 yr |
| DNAGinkgo Bioworks Holdings | $4M | 0.0% | +7.5% | 1.8 yr |
Portfolio composition (YoY)
Industry mix
Specialty Retail70.7%+0.8pp$5.47B
Software - Application21.7%+0.4pp$1.68B
Biotechnology5.9%-1.5pp$454M
Information Technology Services1.1%-0.3pp$82M
Renewable Utilities0.7%+0.5pp$51M
Country
KR70.7%+0.8pp
SG19.0%+2.4pp
US8.7%+1.7pp
GB1.0%-4.7pp
CN0.6%-0.3pp
Top 5: 96.7% · Top 10: 100.0% · Top 25: 100.0%
Top buys this quarter · 0
No buys this quarter
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $7.73B | 10 | -5.62% | +17.59% | -23.22% | -0.43B |
| 2025-12-31 | $9.99B | 10 | +14.97% | +17.72% | -2.74% | -0.80B |
| 2025-09-30 | $13.25B | 10 | +34.85% | +17.52% | +17.33% | -0.88B |
| 2025-06-30 | $12.61B | 10 | +41.50% | +14.94% | +26.56% | -1.28B |
| 2025-03-31 | $10.97B | 10 | +22.97% | +8.30% | +14.67% | -0.36B |
| 2024-12-31 | $11.38B | 10 | +31.01% | +24.89% | +6.13% | -0.21B |
| 2024-09-30 | $12.14B | 11 | +36.89% | +36.04% | +0.85% | -0.59B |
| 2024-06-30 | $10.82B | 12 | +13.10% | +24.49% | -11.40% | -0.33B |
| 2024-03-31 | $10.13B | 13 | +13.88% | +29.62% | -15.74% | -1.77B |
| 2023-12-31 | $11.24B | 13 | +14.32% | +26.18% | -11.85% | -0.88B |
| 2023-09-30 | $12.14B | 14 | +12.97% | +21.57% | -8.60% | -0.60B |
| 2023-06-30 | $13.12B | 14 | +26.88% | +19.42% | +7.45% | -0.36B |
| 2023-03-31 | $12.17B | 14 | -24.66% | -7.82% | -16.84% | -0.59B |
| 2022-12-31 | $11.99B | 14 | -1.37% | +7.56% | -8.93% | -0.91B |
| 2022-09-30 | $13.07B | 13 | +9.08% | -4.93% | +14.01% | -0.66B |
| 2022-06-30 | $12.58B | 14 | -34.18% | -16.11% | -18.07% | -1.30B |