Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+7.01%
adds when stocks drop
when a holding falls −10%+
Middle response
+1.55%
steady accumulation
Rally response
-6.00%
trims into rallies
when a holding rises +10%+
Top positions · 20
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| TDCTeradata Corporation | $240M | 41.0% | +14.0% | 7.0 yr |
| YEXTYext, Inc. | $70M | 11.9% | -37.7% | 4.3 yr |
| ONTFON24, Inc. | $67M | 11.5% | +55.8% | 4.8 yr |
| ALLTAllot Ltd. | $67M | 11.4% | +16.6% | 7.5 yr |
| RDCMRADCOM Ltd. | $39M | 6.6% | +6.4% | 5.3 yr |
| TTGTTechTarget, Inc. | $31M | 5.3% | -73.8% | 1.5 yr |
| BIGCBigCommerce Holdings, In | $25M | 4.2% | — | 1.8 yr |
| ZIZoomInfo Technologies In | $12M | 2.1% | — | 0.3 yr |
| MRAMEverspin Technologies, I | $9M | 1.5% | +72.4% | 1.8 yr |
| PDPagerDuty, Inc. | $8M | 1.4% | -66.0% | 0.5 yr |
| — | $7M | 1.2% | — | 0.3 yr |
| PWFLPowerFleet, Inc. | $4M | 0.7% | — | 5.3 yr |
| OSPNOneSpan Inc. | $3M | 0.5% | -28.3% | 3.5 yr |
| SVCOSilvaco Group, Inc. Comm | $2M | 0.4% | +55.3% | 2.0 yr |
| — | $1M | 0.1% | — | 0.8 yr |
Portfolio composition (YoY)
Industry mix
Software - Infrastructure52.9%+7.2pp$310M
Software - Application31.6%-8.6pp$185M
Telecommunications Services6.6%+2.1pp$39M
Internet Content & Information5.3%+2.6pp$31M
Semiconductors1.5%-1.2pp$9M
Unknown1.3%$7M
Communication Equipment0.7%-2.6pp$4M
Shell Companies0.1%$0M
Financial - Conglomerates0.1%$0M
Computer Hardware0.0%-0.8pp$0M
Country
US80.8%-4.9pp
IL18.0%+4.8pp
Unknown1.3%
Top 5: 82.3% · Top 10: 96.9% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $585M | 20 | +1.98% | +17.59% | -15.61% | +0.02B |
| 2025-12-31 | $730M | 19 | +0.71% | +17.72% | -17.01% | -0.14B |
| 2025-09-30 | $756M | 19 | -3.73% | +17.52% | -21.25% | +0.02B |
| 2025-06-30 | $686M | 19 | -10.50% | +14.94% | -25.44% | +0.07B |
| 2025-03-31 | $579M | 17 | -25.08% | +8.30% | -33.39% | +0.10B |
| 2024-12-31 | $630M | 19 | -6.18% | +24.89% | -31.07% | +0.07B |
| 2024-09-30 | $505M | 16 | -15.83% | +36.04% | -51.87% | +0.04B |
| 2024-06-30 | $473M | 15 | -30.35% | +24.49% | -54.84% | +0.07B |
| 2024-03-31 | $452M | 14 | -4.01% | +29.62% | -33.63% | +0.04B |
| 2023-12-31 | $426M | 14 | +9.60% | +26.18% | -16.57% | +0.02B |
| 2023-09-30 | $406M | 16 | +13.43% | +21.57% | -8.14% | -0.04B |
| 2023-06-30 | $547M | 20 | +20.17% | +19.42% | +0.75% | -0.03B |
| 2023-03-31 | $466M | 18 | -29.61% | -7.82% | -21.79% | -0.01B |
| 2022-12-31 | $438M | 19 | +2.61% | +7.56% | -4.95% | -0.01B |
| 2022-09-30 | $433M | 24 | -13.09% | -4.93% | -8.16% | +0.03B |
| 2022-06-30 | $459M | 24 | -27.96% | -16.11% | -11.85% | -0.01B |