Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+2.64%
adds when stocks drop
when a holding falls −10%+
Middle response
-3.28%
baseline attrition
Rally response
+7.91%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| DFAUDimensional - US Core Eq | $209M | 16.3% | — | 4.3 yr |
| AVUSAvantis U.S. Equity ETF | $89M | 7.0% | — | 6.3 yr |
| DGRWWisdomTree U.S. Quality | $73M | 5.7% | — | 7.3 yr |
| QGRWWisdomTree U.S. Quality | $57M | 4.4% | — | 2.5 yr |
| DFAIDimensional - Internatio | $57M | 4.4% | — | 4.8 yr |
| JQUAJPMorgan U.S. Quality Fa | $56M | 4.4% | — | 6.0 yr |
| IQLTiShares MSCI Intl Qualit | $43M | 3.3% | — | 4.0 yr |
| VFLOVictoryShares Free Cash | $40M | 3.1% | — | 2.0 yr |
| RDVYFirst Trust Rising Divid | $39M | 3.0% | — | 7.3 yr |
| AAPLApple Inc. | $35M | 2.7% | +14.7% | 6.8 yr |
| IBDSiShares iBonds Dec 2027 | $30M | 2.3% | — | 4.8 yr |
| IBDTiShares iBonds Dec 2028 | $29M | 2.3% | — | 4.5 yr |
| DFAEDimensional - Emerging C | $29M | 2.3% | — | 4.0 yr |
| SPMOInvesco S&P 500 Momentum | $28M | 2.2% | — | 2.0 yr |
| IBDRiShares iBonds Dec 2026 | $28M | 2.2% | — | 7.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management81.3%-1.0pp$1.04B
Asset Management - Bonds11.2%+0.1pp$143M
Consumer Electronics2.7%+0.1pp$35M
Semiconductors0.7%+0.3pp$9M
Asset Management - Income0.6%+0.5pp$8M
Banks - Regional0.3%$4M
Internet Content & Information0.3%+0.1pp$4M
Drug Manufacturers - General0.3%+0.1pp$4M
Auto - Manufacturers0.3%+0.1pp$3M
Insurance - Diversified0.2%-0.2pp$3M
Country
US99.9%+0.0pp
NL0.0%-0.0pp
CH0.0%-0.0pp
CA0.0%
Unknown0.0%-0.0pp
IE0.0%-0.0pp
Top 5: 37.8% · Top 10: 54.3% · Top 25: 81.5%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| AAPL | $28M | +0.00B | 14.7% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| GBFH GBank Financial Holdings Inc. | +$3M |
| AMZN Amazon.com, Inc. | +$1M |
| GEV GE Vernova Inc. | +$1M |
| NOC Northrop Grumman Corporation | +$1M |
| UNH UnitedHealth Group Incorporate | +$0M |
| TSLA Tesla, Inc. | +$3M |
| RTX RTX Corporation | +$0M |
| AAPL Apple Inc. | +$35M |
| LMT Lockheed Martin Corporationnew | +$0M |
| MKL Markel Corporation | +$0M |
Top sells this quarter · 15
| LLY Eli Lilly and Company | −$1M |
| V Visa Inc. | −$1M |
| DIS The Walt Disney Company | −$1M |
| SPY State Street SPDR S&P 500 ETF | −$0M |
| ASML ASML Holding N.V. | −$0M |
| ADI Analog Devices, Inc.exit | −$0M |
| PLTR Palantir Technologies Inc.exit | −$0M |
| SCHW The Charles Schwab Corporationexit | −$0M |
| JPM JPMorgan Chase & Co. | −$0M |
| MS Morgan Stanley | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.28B | 176 | +18.57% | +17.59% | +0.98% | +0.06B |
| 2025-12-31 | $1.31B | 181 | +14.71% | +17.72% | -3.01% | -0.03B |
| 2025-09-30 | $1.28B | 176 | +16.78% | +17.52% | -0.74% | -0.06B |
| 2025-06-30 | $1.18B | 170 | +9.65% | +14.94% | -5.29% | +0.05B |
| 2025-03-31 | $1.06B | 160 | +12.29% | +8.30% | +3.98% | +0.09B |
| 2024-12-31 | $1.07B | 144 | +22.08% | +24.89% | -2.81% | -0.07B |
| 2024-09-30 | $1.08B | 154 | +24.66% | +36.04% | -11.38% | +0.00B |
| 2024-06-30 | $1.00B | 150 | +5.26% | +24.49% | -19.23% | -0.06B |
| 2024-03-31 | $973M | 144 | +6.82% | +29.62% | -22.81% | +0.08B |
| 2023-12-31 | $910M | 142 | +27.90% | +26.18% | +1.72% | +0.01B |
| 2023-09-30 | $829M | 375 | +12.63% | +21.57% | -8.94% | +0.06B |
| 2023-06-30 | $847M | 150 | +23.17% | +19.42% | +3.75% | -0.04B |
| 2023-03-31 | $807M | 155 | -9.83% | -7.82% | -2.02% | -0.12B |
| 2022-12-31 | $785M | 150 | -27.12% | -18.17% | -8.95% | +0.11B |
| 2022-09-30 | $713M | 125 | -7.55% | -15.51% | +7.96% | -0.03B |
| 2022-06-30 | $746M | 125 | -19.14% | -16.11% | -3.03% | +0.05B |