Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-0.47%
trims when stocks drop
when a holding falls −10%+
Middle response
-3.12%
baseline attrition
Rally response
-18.92%
trims into rallies
when a holding rises +10%+
Top positions · 3
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| CHYMChime Financial, Inc. Cl | $979M | 96.0% | — | 1.0 yr |
| DDLDingdong (Cayman) Limite | $30M | 3.0% | -4.8% | 5.0 yr |
| — | $11M | 1.1% | — | 3.8 yr |
Portfolio composition (YoY)
Industry mix
Banks - Regional96.0%$979M
Grocery Stores3.0%-45.5pp$30M
Unknown1.1%-50.5pp$11M
Country
US96.0%
CN3.0%-45.5pp
Unknown1.1%-50.5pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Top buys this quarter · 0
No buys this quarter
Top sells this quarter · 1
| FIGR Figure Technology Solutions, Iexit | −$8M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.02B | 3 | -58.66% | +17.59% | -76.25% | -0.01B |
| 2025-12-31 | $1.37B | 4 | -54.72% | +17.72% | -72.44% | -0.01B |
| 2025-09-30 | $1.11B | 4 | -54.98% | +17.52% | -72.50% | +0.01B |
| 2025-06-30 | $1.86B | 3 | -10.16% | +14.94% | -25.10% | +1.81B |
| 2025-03-31 | $65M | 2 | +16.14% | +8.30% | +7.84% | +0.02B |
| 2024-12-31 | $57M | 2 | +95.77% | +24.89% | +70.88% | -0.99B |
| 2024-09-30 | $848M | 6 | +88.34% | +36.04% | +52.30% | -0.72B |
| 2024-06-30 | $1.33B | 7 | +51.96% | +24.49% | +27.47% | -0.31B |
| 2024-03-31 | $1.69B | 7 | +125.82% | +29.62% | +96.20% | -1.54B |
| 2023-12-31 | $2.33B | 8 | +93.95% | +26.18% | +67.77% | -1.59B |
| 2023-09-30 | $3.29B | 8 | +49.66% | +21.57% | +28.09% | -0.75B |
| 2023-06-30 | $4.25B | 7 | +65.76% | +19.42% | +46.34% | -0.60B |
| 2023-03-31 | $3.38B | 7 | -38.95% | -7.82% | -31.13% | +0.01B |
| 2022-12-31 | $2.83B | 7 | -8.06% | +7.56% | -15.62% | +0.01B |
| 2022-09-30 | $3.06B | 7 | +5.26% | -4.93% | +10.19% | +0.01B |
| 2022-06-30 | $2.90B | 7 | -47.07% | -16.11% | -30.95% | -0.04B |