Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-4.59%
trims when stocks drop
when a holding falls −10%+
Middle response
-4.13%
baseline attrition
Rally response
-9.57%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| GOOGLAlphabet Inc. | $11M | 7.0% | — | 2.5 yr |
| MSFTMicrosoft Corporation | $7M | 4.9% | -0.6% | 8.0 yr |
| AMZNAmazon.com, Inc. | $7M | 4.5% | +9.5% | 2.0 yr |
| ASMLASML Holding N.V. | $7M | 4.4% | +100.9% | 7.0 yr |
| AMDAdvanced Micro Devices, | $6M | 3.8% | +98.0% | 1.8 yr |
| AAPLApple Inc. | $5M | 3.5% | +14.7% | 8.0 yr |
| JAAAJanus Henderson AAA CLO | $5M | 3.4% | — | 3.5 yr |
| LLYEli Lilly and Company | $5M | 3.1% | +12.2% | 6.8 yr |
| UBERUber Technologies, Inc. | $4M | 2.9% | -1.3% | 2.0 yr |
| NVDANVIDIA Corporation | $4M | 2.9% | +60.9% | 0.8 yr |
| APHAmphenol Corporation | $4M | 2.8% | +93.6% | 1.5 yr |
| AZNAstraZeneca PLC | $4M | 2.8% | +36.2% | 0.3 yr |
| TSMTaiwan Semiconductor Man | $3M | 2.3% | +105.6% | 4.0 yr |
| EOGEOG Resources, Inc. | $3M | 2.1% | +16.9% | 7.5 yr |
| ESQEsquire Financial Holdin | $3M | 1.9% | +43.7% | 3.5 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors14.3%+5.8pp$22M
Asset Management10.4%+4.6pp$16M
Internet Content & Information7.0%+2.8pp$11M
Drug Manufacturers - General6.6%+1.8pp$10M
Banks - Regional5.5%-1.2pp$8M
Software - Infrastructure5.1%-0.9pp$8M
Specialty Retail4.5%+0.0pp$7M
Software - Application4.1%-4.5pp$6M
Oil & Gas Exploration & Production3.5%+1.5pp$5M
Consumer Electronics3.5%+1.0pp$5M
Country
US83.8%+2.7pp
GB5.3%+3.9pp
NL4.4%+0.9pp
TW2.3%-0.2pp
IE1.8%+0.1pp
DE1.2%-4.2pp
DK1.1%-0.1pp
IL0.1%
Top 5: 24.6% · Top 10: 40.4% · Top 25: 70.0%
Top buys this quarter · 15
| AZN AstraZeneca PLCnew | +$4M |
| NVDA NVIDIA Corporation | +$2M |
| CSL Carlisle Companies Incorporatenew | +$2M |
| CPK Chesapeake Utilities Corporati | +$1M |
| CFG Citizens Financial Group, Inc.new | +$1M |
| BJ BJ's Wholesale Club Holdings, | +$1M |
| FERG Ferguson plcnew | +$1M |
| BOW Bowhead Specialty Holdings Incnew | +$1M |
| NFLX Netflix, Inc.new | +$1M |
| NVO Novo Nordisk A/S | +$1M |
Top sells this quarter · 14
| NEM Newmont Corporation | −$5M |
| TSM Taiwan Semiconductor Manufactu | −$3M |
| CCB Coastal Financial Corporation | −$2M |
| SAP SAP SE | −$2M |
| JNJ Johnson & Johnson | −$2M |
| ESQ Esquire Financial Holdings, In | −$1M |
| MCD McDonald's Corporation | −$1M |
| BX Blackstone Inc. | −$1M |
| ZS Zscaler, Inc. | −$0M |
| ARES Ares Management Corporation | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $151M | 73 | +14.94% | +17.59% | -2.66% | -0.00B |
| 2025-12-31 | $161M | 62 | +19.69% | +17.72% | +1.97% | +0.00B |
| 2025-09-30 | $153M | 62 | +13.00% | +17.52% | -4.52% | -0.00B |
| 2025-06-30 | $147M | 61 | +14.20% | +14.94% | -0.75% | -0.00B |
| 2025-03-31 | $137M | 58 | +3.86% | +8.30% | -4.44% | -0.02B |
| 2024-12-31 | $156M | 67 | +10.99% | +24.89% | -13.89% | -0.01B |
| 2024-09-30 | $167M | 66 | +24.17% | +36.04% | -11.87% | -0.01B |
| 2024-06-30 | $165M | 70 | +12.33% | +24.49% | -12.17% | +0.00B |
| 2024-03-31 | $162M | 70 | +14.85% | +29.62% | -14.77% | -0.00B |
| 2023-12-31 | $153M | 85 | +7.58% | +26.18% | -18.60% | -0.00B |
| 2023-09-30 | $142M | 89 | +9.44% | +21.57% | -12.13% | +0.01B |
| 2023-06-30 | $136M | 71 | +5.91% | +19.42% | -13.51% | -0.00B |
| 2023-03-31 | $135M | 73 | -5.28% | -7.82% | +2.54% | -0.01B |
| 2022-12-31 | $151M | 84 | -9.08% | -18.17% | +9.10% | +0.00B |
| 2022-09-30 | $135M | 68 | -9.21% | -15.51% | +6.30% | +0.00B |
| 2022-06-30 | $144M | 67 | -2.15% | -10.62% | +8.47% | +0.00B |