Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-0.10%
trims when stocks drop
when a holding falls −10%+
Middle response
-1.70%
baseline attrition
Rally response
+3.01%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| GOOGLAlphabet Inc. | $188M | 5.1% | — | 8.3 yr |
| METAMeta Platforms, Inc. | $162M | 4.4% | -0.4% | 8.3 yr |
| AMZNAmazon.com, Inc. | $153M | 4.1% | +9.5% | 8.3 yr |
| NVDANVIDIA Corporation | $137M | 3.7% | +60.9% | 8.0 yr |
| TSMTaiwan Semiconductor Man | $132M | 3.6% | +105.6% | 6.3 yr |
| VVisa Inc. | $121M | 3.3% | -13.1% | 8.3 yr |
| AAPLApple Inc. | $115M | 3.1% | +14.7% | 8.3 yr |
| MSFTMicrosoft Corporation | $114M | 3.1% | -0.6% | 8.3 yr |
| LGNDLigand Pharmaceuticals I | $112M | 3.0% | +89.9% | 6.0 yr |
| UBERUber Technologies, Inc. | $94M | 2.5% | -1.3% | 4.3 yr |
| VRTVertiv Holdings Co | $92M | 2.5% | +247.5% | 2.3 yr |
| ICEIntercontinental Exchang | $92M | 2.5% | -7.8% | 8.3 yr |
| ASMLASML Holding N.V. | $86M | 2.3% | +100.9% | 4.8 yr |
| LLYEli Lilly and Company | $81M | 2.2% | +12.2% | 8.3 yr |
| INTUIntuit Inc. | $79M | 2.1% | -29.3% | 8.3 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors11.3%+5.1pp$419M
Internet Content & Information10.4%+1.9pp$387M
Software - Application7.4%-5.5pp$274M
Medical - Devices6.8%-1.2pp$253M
Financial - Credit Services5.5%-0.6pp$202M
Software - Infrastructure4.6%+0.4pp$170M
Specialty Retail4.5%+0.3pp$167M
Electrical Equipment & Parts3.7%+3.4pp$138M
Biotechnology3.2%+1.2pp$118M
Drug Manufacturers - General3.2%-1.2pp$117M
Country
US89.8%-3.4pp
TW3.6%+1.7pp
NL2.3%+1.1pp
IL1.1%-0.6pp
CA1.0%+0.6pp
IE0.8%+0.1pp
SG0.5%
LU0.3%+0.2pp
Top 5: 20.8% · Top 10: 35.8% · Top 25: 63.5%
Top buys this quarter · 15
| PRCT PROCEPT BioRobotics Corporatio | +$24M |
| VRT Vertiv Holdings Co | +$23M |
| MSFT Microsoft Corporation | +$114M |
| INTU Intuit Inc. | +$79M |
| DXCM DexCom, Inc. | +$12M |
| CSGP CoStar Group, Inc. | +$43M |
| LLY Eli Lilly and Company | +$81M |
| TER Teradyne, Inc.new | +$6M |
| FICO Fair Isaac Corporation | +$36M |
| MSI Motorola Solutions, Inc. | +$5M |
Top sells this quarter · 15
| ALKT Alkami Technology, Inc. | −$26M |
| BSX Boston Scientific Corporation | −$20M |
| WDAY Workday, Inc. | −$20M |
| PCTY Paylocity Holding Corporation | −$10M |
| NFLX Netflix, Inc. | −$9M |
| SPGI S&P Global Inc. | −$6M |
| TDG TransDigm Group Incorporated | −$5M |
| IDXX IDEXX Laboratories, Inc. | −$4M |
| DELL Dell Technologies Inc. | −$16M |
| COST Costco Wholesale Corporation | −$54M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $3.71B | 352 | +4.52% | +17.59% | -13.07% | -0.03B |
| 2025-12-31 | $4.05B | 355 | +6.91% | +17.72% | -10.81% | +0.04B |
| 2025-09-30 | $4.06B | 357 | +10.89% | +17.52% | -6.63% | -0.06B |
| 2025-06-30 | $4.05B | 353 | +16.55% | +14.94% | +1.60% | +0.06B |
| 2025-03-31 | $3.54B | 339 | +1.76% | +8.30% | -6.54% | -0.02B |
| 2024-12-31 | $3.77B | 318 | +17.65% | +24.89% | -7.23% | +0.08B |
| 2024-09-30 | $3.60B | 310 | +33.71% | +36.04% | -2.33% | +0.01B |
| 2024-06-30 | $3.36B | 307 | +17.19% | +24.49% | -7.30% | +0.13B |
| 2024-03-31 | $3.28B | 293 | +29.96% | +29.62% | +0.33% | +0.25B |
| 2023-12-31 | $2.78B | 270 | +32.28% | +26.18% | +6.10% | +0.29B |
| 2023-09-30 | $2.14B | 225 | +20.70% | +21.57% | -0.87% | +0.06B |
| 2023-06-30 | $2.22B | 229 | +24.42% | +19.42% | +4.99% | +0.02B |
| 2023-03-31 | $2.01B | 228 | -10.78% | -7.82% | -2.96% | +0.00B |
| 2022-12-31 | $1.81B | 227 | -23.38% | -18.17% | -5.20% | -0.03B |
| 2022-09-30 | $1.73B | 233 | -19.87% | -15.51% | -4.36% | -0.02B |
| 2022-06-30 | $1.81B | 238 | -16.51% | -10.62% | -5.89% | -0.01B |