Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+6.88%
adds when stocks drop
when a holding falls −10%+
Middle response
-12.00%
baseline attrition
Rally response
-23.98%
trims into rallies
when a holding rises +10%+
Top positions · 11
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| PIImpinj, Inc. | $7M | 13.6% | +13.2% | 7.5 yr |
| FNFabrinet | $7M | 12.8% | +164.0% | 3.0 yr |
| WIXWix.com Ltd. | $7M | 12.7% | -44.9% | 0.5 yr |
| ESTCElastic N.V. | $6M | 11.6% | -43.9% | 3.8 yr |
| SITMSiTime Corporation | $6M | 10.6% | +125.9% | 3.5 yr |
| HLITHarmonic Inc. | $5M | 9.6% | -6.4% | 3.0 yr |
| TWLOTwilio Inc. | $5M | 8.8% | +28.5% | 7.5 yr |
| EVEREverQuote, Inc. | $5M | 8.6% | -41.1% | 2.5 yr |
| KRNTKornit Digital Ltd. | $3M | 6.6% | -23.2% | 0.3 yr |
| AMPLAmplitude, Inc. | $2M | 4.1% | -33.1% | 2.8 yr |
| AMBQAmbiq Micro, Inc. | $1M | 1.0% | — | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors25.2%-4.8pp$13M
Software - Infrastructure21.5%+11.4pp$11M
Software - Application15.7%-4.4pp$8M
Hardware, Equipment & Parts12.8%-1.2pp$7M
Communication Equipment9.6%+1.5pp$5M
Internet Content & Information8.6%-9.1pp$5M
Industrial - Machinery6.6%$3M
Country
US67.9%-14.8pp
IL19.3%+16.0pp
KY12.8%-1.2pp
Top 5: 61.3% · Top 10: 99.0% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $53M | 11 | +19.58% | +17.59% | +1.99% | -0.03B |
| 2025-12-31 | $105M | 11 | +23.73% | +17.72% | +6.01% | -0.06B |
| 2025-09-30 | $151M | 12 | +44.32% | +17.52% | +26.80% | -0.01B |
| 2025-06-30 | $141M | 11 | +26.20% | +14.94% | +11.26% | -0.03B |
| 2025-03-31 | $143M | 11 | +16.98% | +8.30% | +8.68% | +0.01B |
| 2024-12-31 | $158M | 11 | +48.10% | +24.89% | +23.22% | -0.05B |
| 2024-09-30 | $167M | 11 | +43.73% | +36.04% | +7.69% | +0.01B |
| 2024-06-30 | $156M | 10 | +30.66% | +24.49% | +6.17% | -0.04B |
| 2024-03-31 | $181M | 11 | +12.52% | +29.62% | -17.10% | -0.02B |
| 2023-12-31 | $190M | 11 | +23.86% | +26.18% | -2.32% | -0.02B |
| 2023-09-30 | $176M | 11 | -3.54% | +21.57% | -25.11% | -0.04B |
| 2023-06-30 | $231M | 12 | -4.24% | +19.42% | -23.66% | -0.03B |
| 2023-03-31 | $273M | 10 | -17.43% | -7.82% | -9.61% | -0.03B |
| 2022-12-31 | $261M | 10 | -5.63% | +7.56% | -13.19% | -0.01B |
| 2022-09-30 | $284M | 11 | -7.62% | -4.93% | -2.69% | +0.00B |
| 2022-06-30 | $307M | 10 | -18.60% | -16.11% | -2.49% | +0.03B |