Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+7.45%
adds when stocks drop
when a holding falls −10%+
Middle response
+2.66%
steady accumulation
Rally response
-8.02%
trims into rallies
when a holding rises +10%+
Top positions · 27
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| FROGJFrog Ltd. | $221M | 21.3% | +46.7% | 5.5 yr |
| GOOGLAlphabet Inc. | $144M | 13.9% | — | 3.3 yr |
| SNOWSnowflake Inc. | $141M | 13.5% | +3.2% | 5.0 yr |
| AMZNAmazon.com, Inc. | $87M | 8.4% | +9.5% | 3.8 yr |
| OKTAOkta, Inc. | $72M | 6.9% | -25.2% | 6.3 yr |
| ESTCElastic N.V. | $61M | 5.9% | -43.9% | 7.0 yr |
| BRZEBraze, Inc. | $45M | 4.3% | -34.6% | 4.3 yr |
| NFLXNetflix, Inc. | $38M | 3.7% | +3.1% | 3.3 yr |
| ORCLOracle Corporation | $38M | 3.6% | +5.9% | 1.8 yr |
| TEAMAtlassian Corporation | $26M | 2.5% | -67.8% | 1.0 yr |
| MNDYmonday.com Ltd. | $25M | 2.4% | -71.6% | 1.3 yr |
| YELPYelp Inc. | $21M | 2.0% | -33.2% | 2.5 yr |
| NOWServiceNow, Inc. | $19M | 1.8% | -34.3% | 3.5 yr |
| ZSZscaler, Inc. | $15M | 1.4% | -29.3% | 4.3 yr |
| WDAYWorkday, Inc. | $14M | 1.3% | -44.4% | 4.5 yr |
Portfolio composition (YoY)
Industry mix
Software - Application58.0%+1.8pp$602M
Internet Content & Information15.9%+11.7pp$166M
Software - Infrastructure13.9%-20.7pp$144M
Specialty Retail8.4%$87M
Entertainment3.7%$38M
Country
US95.1%-0.3pp
AU2.5%
IL2.4%
CN0.0%-0.0pp
Top 5: 64.1% · Top 10: 84.1% · Top 25: 99.8%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.04B | 27 | +2.24% | +17.59% | -15.35% | +0.08B |
| 2025-12-31 | $1.24B | 25 | +30.20% | +17.72% | +12.48% | -0.01B |
| 2025-09-30 | $1.13B | 21 | +40.68% | +17.52% | +23.16% | +0.11B |
| 2025-06-30 | $1.00B | 21 | +19.60% | +14.94% | +4.66% | -0.03B |
| 2025-03-31 | $875M | 24 | -6.15% | +8.30% | -14.45% | -0.04B |
| 2024-12-31 | $934M | 22 | +2.89% | +24.89% | -22.00% | +0.02B |
| 2024-09-30 | $766M | 23 | +3.93% | +36.04% | -32.11% | +0.03B |
| 2024-06-30 | $849M | 25 | +16.27% | +24.49% | -8.22% | -0.08B |
| 2024-03-31 | $1.00B | 24 | +43.31% | +29.62% | +13.68% | +0.15B |
| 2023-12-31 | $789M | 23 | +57.70% | +26.18% | +31.52% | -0.11B |
| 2023-09-30 | $743M | 26 | +15.39% | +21.57% | -6.17% | +0.05B |
| 2023-06-30 | $717M | 26 | +12.68% | +19.42% | -6.75% | -0.10B |
| 2023-03-31 | $711M | 27 | -34.75% | -7.82% | -26.94% | -0.23B |
| 2022-12-31 | $798M | 38 | -11.66% | +7.56% | -19.22% | +0.12B |
| 2022-09-30 | $770M | 49 | -5.62% | -4.93% | -0.69% | -0.07B |
| 2022-06-30 | $895M | 53 | -33.77% | -16.11% | -17.66% | +0.19B |