Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-4.03%
trims when stocks drop
when a holding falls −10%+
Middle response
-10.37%
baseline attrition
Rally response
-11.34%
trims into rallies
when a holding rises +10%+
Top positions · 3
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| FIGFigma, Inc. | $1.22B | 57.8% | — | 0.8 yr |
| HOODRobinhood Markets, Inc. | $802M | 38.0% | +66.5% | 4.8 yr |
| WLTHWealthfront Corporation | $88M | 4.2% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Software - Application62.0%$1.31B
Financial - Capital Markets38.0%-62.0pp$802M
Country
US100.0%+0.0pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| HOOD | $602M | +0.40B | 66.5% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 0
No buys this quarter
Top sells this quarter · 1
| VIA Via Transportation, Inc.exit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $2.11B | 3 | +50.86% | +17.59% | +33.27% | -0.00B |
| 2025-12-31 | $3.59B | 4 | +187.09% | +17.72% | +169.37% | -0.04B |
| 2025-09-30 | $4.86B | 3 | +511.36% | +17.52% | +493.84% | +2.78B |
| 2025-06-30 | $1.35B | 1 | +312.29% | +14.94% | +297.34% | -0.00B |
| 2025-03-31 | $602M | 1 | +106.73% | +8.30% | +98.42% | +0.00B |
| 2024-12-31 | $539M | 1 | +192.40% | +24.89% | +167.51% | -0.54B |
| 2024-09-30 | $678M | 1 | +138.60% | +36.04% | +102.56% | -0.17B |
| 2024-06-30 | $822M | 2 | +126.00% | +24.49% | +101.51% | -0.17B |
| 2024-03-31 | $875M | 3 | +98.14% | +29.62% | +68.52% | -0.14B |
| 2023-12-31 | $645M | 2 | +52.75% | +26.18% | +26.57% | -0.09B |
| 2023-09-30 | $568M | 2 | -6.13% | +21.57% | -27.70% | +0.00B |
| 2023-06-30 | $580M | 3 | +6.85% | +19.42% | -12.57% | -0.05B |
| 2023-03-31 | $636M | 3 | -34.52% | -7.82% | -26.70% | -0.01B |
| 2022-12-31 | $533M | 3 | -20.22% | +7.56% | -27.78% | +0.01B |
| 2022-09-30 | $661M | 2 | +11.19% | -4.93% | +16.12% | -0.01B |
| 2022-06-30 | $600M | 2 | -39.40% | -16.11% | -23.29% | +0.01B |