Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-0.12%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.22%
steady accumulation
Rally response
+1.05%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| XOMExxon Mobil Corporation | $90M | 7.9% | +47.6% | 8.5 yr |
| CVXChevron Corporation | $56M | 4.9% | +29.2% | 8.5 yr |
| IVViShares Core S&P 500 ETF | $55M | 4.9% | — | 8.5 yr |
| AAPLApple Inc. | $54M | 4.7% | +14.7% | 8.5 yr |
| IBMOiShares iBonds Dec 2026 | $37M | 3.3% | — | 1.3 yr |
| MSFTMicrosoft Corporation | $36M | 3.2% | -0.6% | 8.5 yr |
| JPMJPMorgan Chase & Co. | $31M | 2.7% | +21.8% | 8.5 yr |
| GOOGAlphabet Inc. | $27M | 2.4% | +84.3% | 8.5 yr |
| VEAVanguard FTSE Developed | $25M | 2.2% | — | 8.5 yr |
| JNJJohnson & Johnson | $25M | 2.2% | +51.5% | 8.5 yr |
| AMZNAmazon.com, Inc. | $22M | 2.0% | +9.5% | 8.5 yr |
| AVGOBroadcom Inc. | $22M | 1.9% | +86.0% | 8.0 yr |
| GOOGLAlphabet Inc. | $20M | 1.8% | — | 8.5 yr |
| VBILVanguard 0-3 Month Treas | $19M | 1.7% | — | 0.5 yr |
| LLYEli Lilly and Company | $19M | 1.7% | +12.2% | 8.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management27.4%+5.4pp$310M
Oil & Gas Integrated13.0%+0.5pp$148M
Drug Manufacturers - General6.3%+0.1pp$72M
Consumer Electronics4.7%-0.9pp$54M
Internet Content & Information4.6%+1.5pp$53M
Semiconductors4.3%+1.8pp$48M
Software - Infrastructure3.8%-1.0pp$43M
Banks - Diversified3.1%-0.3pp$35M
Aerospace & Defense2.7%+0.2pp$31M
Asset Management - Bonds2.5%+0.4pp$28M
Country
US96.5%-0.1pp
IE1.3%+0.0pp
GB1.0%+0.5pp
NL0.6%+0.3pp
Unknown0.2%-0.5pp
CH0.1%-0.0pp
AU0.1%-0.1pp
DK0.1%-0.1pp
Top 5: 25.7% · Top 10: 38.4% · Top 25: 58.7%
Top buys this quarter · 15
| AZN AstraZeneca PLCnew | +$7M |
| JPM JPMorgan Chase & Co. | +$31M |
| META Meta Platforms, Inc. | +$6M |
| ETN Eaton Corporation plc | +$1M |
| AVGO Broadcom Inc. | +$22M |
| ACN Accenture plc | +$4M |
| PWR Quanta Services, Inc. | +$0M |
| KKR KKR & Co. Inc.new | +$0M |
| AMD Advanced Micro Devices, Inc. | +$0M |
| GOOG Alphabet Inc. | +$27M |
Top sells this quarter · 15
| XOM Exxon Mobil Corporation | −$65M |
| MRK Merck & Co., Inc. | −$1M |
| SPY State Street SPDR S&P 500 ETF | −$1M |
| BMY Bristol-Myers Squibb Companyexit | −$1M |
| PEP PepsiCo, Inc. | −$1M |
| TGT Target Corporation | −$4M |
| DIS The Walt Disney Company | −$0M |
| ADBE Adobe Inc. | −$0M |
| NVDA NVIDIA Corporation | −$0M |
| BX Blackstone Inc. | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.13B | 329 | +18.28% | +17.59% | +0.69% | -0.01B |
| 2025-12-31 | $1.12B | 330 | +15.84% | +17.72% | -1.87% | +0.16B |
| 2025-09-30 | $928M | 327 | +12.14% | +17.52% | -5.38% | +0.01B |
| 2025-06-30 | $857M | 258 | +10.25% | +14.94% | -4.69% | +0.01B |
| 2025-03-31 | $812M | 247 | +7.16% | +8.30% | -1.14% | +0.00B |
| 2024-12-31 | $809M | 233 | +16.01% | +24.89% | -8.87% | -0.00B |
| 2024-09-30 | $809M | 234 | +23.38% | +36.04% | -12.66% | +0.01B |
| 2024-06-30 | $761M | 231 | +14.97% | +24.49% | -9.52% | -0.02B |
| 2024-03-31 | $764M | 233 | +19.16% | +29.62% | -10.47% | -0.00B |
| 2023-12-31 | $708M | 232 | +13.22% | +26.18% | -12.96% | +0.00B |
| 2023-09-30 | $660M | 229 | +18.88% | +21.57% | -2.68% | +0.00B |
| 2023-06-30 | $672M | 231 | +17.23% | +19.42% | -2.20% | -0.00B |
| 2023-03-31 | $640M | 229 | -1.29% | -7.82% | +6.53% | -0.00B |
| 2022-12-31 | $625M | 227 | -8.40% | -18.17% | +9.78% | -0.00B |
| 2022-09-30 | $559M | 221 | -9.06% | -15.51% | +6.45% | +0.00B |
| 2022-06-30 | $578M | 227 | -5.44% | -10.62% | +5.18% | +0.01B |