Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.84%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.30%
steady accumulation
Rally response
-0.15%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| CGDVCapital Group Dividend V | $46M | 5.6% | — | 3.5 yr |
| VTIVanguard Total Stock Mar | $37M | 4.5% | — | 8.0 yr |
| AAPLApple Inc. | $22M | 2.8% | +14.7% | 8.0 yr |
| NVDANVIDIA Corporation | $19M | 2.3% | +60.9% | 6.5 yr |
| VOOVanguard S&P 500 ETF | $18M | 2.2% | — | 4.5 yr |
| AMZNAmazon.com, Inc. | $18M | 2.2% | +9.5% | 8.0 yr |
| IVViShares Core S&P 500 ETF | $17M | 2.1% | — | 8.0 yr |
| FBNDFidelity Total Bond ETF | $17M | 2.1% | — | 4.5 yr |
| GLDSPDR Gold Shares | $15M | 1.9% | — | 8.0 yr |
| VUGVanguard Growth ETF | $15M | 1.8% | — | 5.3 yr |
| MSFTMicrosoft Corporation | $13M | 1.6% | -0.6% | 8.0 yr |
| DNPDNP Select Income Fund I | $13M | 1.6% | — | 5.0 yr |
| BRK-BBerkshire Hathaway Inc. | $13M | 1.5% | — | 8.0 yr |
| CGGRCapital Group Growth ETF | $11M | 1.4% | — | 2.0 yr |
| VIGVanguard Dividend Apprec | $10M | 1.2% | — | 8.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management51.7%+0.3pp$421M
Asset Management - Bonds5.9%+3.3pp$48M
Semiconductors4.8%+1.1pp$39M
Asset Management - Income4.7%-1.5pp$39M
Consumer Electronics2.8%-0.3pp$22M
Drug Manufacturers - General2.7%+0.2pp$22M
Software - Infrastructure2.5%-0.4pp$21M
Aerospace & Defense2.5%+0.6pp$21M
Specialty Retail2.2%-0.5pp$18M
Regulated Electric2.1%+0.2pp$17M
Country
US96.8%-0.5pp
CA1.6%+0.0pp
GB0.4%+0.4pp
TW0.2%+0.1pp
Unknown0.2%-0.2pp
IE0.1%+0.0pp
RU0.1%
NL0.1%+0.0pp
Top 5: 17.4% · Top 10: 27.5% · Top 25: 44.7%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| NVDA | $12M | +0.01B | 60.9% |
| AVGO | $4M | +0.00B | 86.0% |
| AAPL | $20M | +0.00B | 14.7% |
| XOM | $6M | +0.00B | 47.6% |
| TSLA | $5M | +0.00B | 43.4% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| MSFT | $14M | -0.00B | -0.6% |
Top buys this quarter · 15
| AZN AstraZeneca PLCnew | +$3M |
| PLTR Palantir Technologies Inc. | +$2M |
| PEG Public Service Enterprise Grou | +$1M |
| IREN IREN Limitednew | +$1M |
| SO The Southern Company | +$1M |
| NEE NextEra Energy, Inc. | +$1M |
| CB Chubb Limited | +$1M |
| AEE Ameren Corporation | +$0M |
| OKE ONEOK, Inc. | +$0M |
| SYY Sysco Corporation | +$0M |
Top sells this quarter · 15
| AMD Advanced Micro Devices, Inc. | −$5M |
| MSFT Microsoft Corporation | −$2M |
| REGN Regeneron Pharmaceuticals, Incexit | −$1M |
| AMZN Amazon.com, Inc. | −$1M |
| BMY Bristol-Myers Squibb Company | −$1M |
| VRTX Vertex Pharmaceuticals Incorpoexit | −$1M |
| ABT Abbott Laboratories | −$1M |
| OKLO Oklo Inc.exit | −$1M |
| ORCL Oracle Corporation | −$1M |
| GEHC GE HealthCare Technologies Inc | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $815M | 486 | +22.70% | +17.59% | +5.11% | -0.00B |
| 2025-12-31 | $830M | 496 | +19.39% | +17.72% | +1.67% | -0.04B |
| 2025-09-30 | $842M | 511 | +18.13% | +17.52% | +0.62% | +0.05B |
| 2025-06-30 | $720M | 464 | +15.19% | +14.94% | +0.25% | -0.00B |
| 2025-03-31 | $653M | 441 | +8.56% | +8.30% | +0.26% | +0.01B |
| 2024-12-31 | $672M | 450 | +21.66% | +24.89% | -3.23% | +0.00B |
| 2024-09-30 | $657M | 429 | +31.06% | +36.04% | -4.98% | +0.02B |
| 2024-06-30 | $597M | 423 | +19.28% | +24.49% | -5.21% | +0.01B |
| 2024-03-31 | $566M | 408 | +22.77% | +29.62% | -6.86% | +0.02B |
| 2023-12-31 | $507M | 391 | +22.95% | +26.18% | -3.23% | +0.05B |
| 2023-09-30 | $413M | 344 | +16.75% | +21.57% | -4.82% | +0.01B |
| 2023-06-30 | $411M | 346 | +15.02% | +19.42% | -4.40% | +0.01B |
| 2023-03-31 | $376M | 333 | -4.07% | -7.82% | +3.75% | -0.03B |
| 2022-12-31 | $376M | 348 | -14.76% | -18.17% | +3.42% | +0.03B |
| 2022-09-30 | $334M | 319 | -9.32% | -15.51% | +6.19% | -0.04B |
| 2022-06-30 | $385M | 339 | -4.79% | -10.62% | +5.83% | +0.01B |