Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-0.54%
trims when stocks drop
when a holding falls −10%+
Middle response
-0.37%
baseline attrition
Rally response
+4.51%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $47M | 4.9% | +14.7% | 14.5 yr |
| JPMJPMorgan Chase & Co. | $35M | 3.6% | +21.8% | 10.5 yr |
| RTXRTX Corporation | $35M | 3.6% | +48.1% | 6.0 yr |
| WMTWalmart Inc. | $34M | 3.5% | +42.8% | 10.3 yr |
| CACICACI International Inc | $33M | 3.4% | +48.2% | 14.5 yr |
| MCKMcKesson Corporation | $32M | 3.2% | +29.1% | 2.5 yr |
| MSFTMicrosoft Corporation | $32M | 3.2% | -0.6% | 14.5 yr |
| DEDeere & Company | $30M | 3.1% | +21.2% | 11.8 yr |
| JNJJohnson & Johnson | $28M | 2.9% | +51.5% | 14.5 yr |
| TRVThe Travelers Companies, | $28M | 2.8% | +12.0% | 14.3 yr |
| GOOGLAlphabet Inc. | $26M | 2.7% | — | 9.5 yr |
| WFCWells Fargo & Company | $26M | 2.7% | +13.3% | 6.3 yr |
| DKSDICK'S Sporting Goods, I | $25M | 2.6% | +0.1% | 10.3 yr |
| AMGNAmgen Inc. | $25M | 2.6% | +16.5% | 14.5 yr |
| VVisa Inc. | $25M | 2.5% | -13.1% | 10.8 yr |
Portfolio composition (YoY)
Industry mix
Drug Manufacturers - General8.3%-0.2pp$81M
Information Technology Services7.3%-0.4pp$71M
Software - Infrastructure6.6%-1.4pp$64M
Banks - Diversified6.4%+0.2pp$62M
Consumer Electronics4.9%-0.0pp$47M
Aerospace & Defense4.6%+1.0pp$45M
Asset Management4.0%+0.5pp$39M
Discount Stores3.6%+0.7pp$35M
Agricultural - Machinery3.4%+0.3pp$33M
Medical - Distribution3.2%+0.4pp$32M
Country
US94.5%+1.3pp
GB1.9%+0.7pp
IL1.8%-1.3pp
IE1.5%-0.9pp
TW0.1%+0.1pp
CH0.1%+0.0pp
NL0.0%
CA0.0%
Top 5: 19.0% · Top 10: 34.3% · Top 25: 68.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $974M | 779 | +7.76% | +17.59% | -9.83% | -0.05B |
| 2025-12-31 | $1.04B | 915 | +11.20% | +17.72% | -6.51% | -0.01B |
| 2025-09-30 | $1.04B | 814 | +8.11% | +17.52% | -9.41% | +0.07B |
| 2025-06-30 | $948M | 124 | +14.40% | +14.94% | -0.55% | +0.00B |
| 2025-03-31 | $896M | 118 | +8.61% | +8.30% | +0.31% | +0.00B |
| 2024-12-31 | $885M | 126 | +15.52% | +24.89% | -9.37% | -0.02B |
| 2024-09-30 | $917M | 128 | +31.65% | +36.04% | -4.38% | +0.02B |
| 2024-06-30 | $827M | 123 | +15.02% | +24.49% | -9.47% | +0.02B |
| 2024-03-31 | $804M | 124 | +19.55% | +29.62% | -10.08% | +0.01B |
| 2023-12-31 | $739M | 119 | +17.23% | +26.18% | -8.95% | +0.01B |
| 2023-09-30 | $656M | 111 | +17.93% | +21.57% | -3.64% | +0.01B |
| 2023-06-30 | $682M | 108 | +17.02% | +19.42% | -2.40% | -0.02B |
| 2023-03-31 | $669M | 108 | -3.21% | -7.82% | +4.61% | +0.01B |
| 2022-12-31 | $629M | 112 | -12.43% | -18.17% | +5.74% | +0.01B |
| 2022-09-30 | $546M | 103 | -13.63% | -15.51% | +1.88% | +0.00B |
| 2022-06-30 | $574M | 109 | -8.00% | -10.62% | +2.62% | +0.01B |