Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+17.65%
adds when stocks drop
when a holding falls −10%+
Middle response
+3.22%
steady accumulation
Rally response
-1.35%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| ORCLOracle Corporation | $489M | 7.0% | — | 0.5 yr |
| IRENIREN Limited | $434M | 6.2% | — | 0.3 yr |
| AVGOBroadcom Inc. | $406M | 5.8% | — | 0.5 yr |
| RKLBRocket Lab USA, Inc. | $361M | 5.2% | — | 0.5 yr |
| MSTRStrategy Inc | $359M | 5.2% | — | 0.3 yr |
| IONQIonQ, Inc. | $280M | 4.0% | — | 0.5 yr |
| OKLOOklo Inc. | $181M | 2.6% | — | 0.3 yr |
| HIMSHims & Hers Health, Inc. | $154M | 2.2% | — | 0.3 yr |
| SMCISuper Micro Computer, In | $142M | 2.0% | — | 0.3 yr |
| IVViShares Core S&P 500 ETF | $138M | 2.0% | — | 0.3 yr |
| LLYEli Lilly and Company | $107M | 1.5% | — | 0.3 yr |
| ONDSOndas Holdings Inc. | $94M | 1.3% | — | 0.3 yr |
| SOFISoFi Technologies, Inc. | $85M | 1.2% | — | 0.3 yr |
| NVDANVIDIA Corporation | $83M | 1.2% | — | 0.5 yr |
| NVONovo Nordisk A/S | $81M | 1.2% | — | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors24.5%$1.70B
Software - Infrastructure12.1%$841M
Aerospace & Defense9.1%$633M
Computer Hardware8.8%$613M
Software - Application8.0%$557M
Financial - Capital Markets7.0%$484M
Communication Equipment5.2%$363M
Regulated Electric2.9%$204M
Asset Management2.5%$174M
Medical - Equipment & Services2.2%$154M
Country
US83.3%
AU6.2%
NL2.0%
GB1.2%
CN1.2%
DK1.2%
IL1.0%
FI1.0%
Top 5: 29.5% · Top 10: 42.3% · Top 25: 57.5%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| ORCL Oracle Corporation | +$447M |
| IREN IREN Limitednew | +$434M |
| RKLB Rocket Lab USA, Inc. | +$359M |
| MSTR Strategy Incnew | +$359M |
| AVGO Broadcom Inc. | +$350M |
| IONQ IonQ, Inc. | +$257M |
| OKLO Oklo Inc.new | +$181M |
| HIMS Hims & Hers Health, Inc.new | +$154M |
| SMCI Super Micro Computer, Inc.new | +$142M |
| LLY Eli Lilly and Companynew | +$107M |
Top sells this quarter · 15
| PLTR Palantir Technologies Inc.exit | −$33M |
| CIEN Ciena Corporation | −$19M |
| VIAV Viavi Solutions Inc. | −$17M |
| QBTS D-Wave Quantum Inc. | −$17M |
| DOCN DigitalOcean Holdings, Inc. | −$13M |
| GILT Gilat Satellite Networks Ltd. | −$12M |
| GSAT Globalstar, Inc. | −$11M |
| IRDM Iridium Communications Inc. | −$9M |
| MTSI MACOM Technology Solutions Hol | −$8M |
| KEYS Keysight Technologies, Inc. | −$7M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $6.95B | 364 | -4.24% | -4.37% | +0.13% | +4.03B |
| 2025-12-31 | $3.05B | 118 | — | — | — | — |