Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+6.79%
adds when stocks drop
when a holding falls −10%+
Middle response
+3.04%
steady accumulation
Rally response
-6.77%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| MGVVanguard Mega Cap Value | $107M | 11.7% | — | 7.5 yr |
| MGKVanguard Mega Cap Growth | $77M | 8.4% | — | 7.5 yr |
| AGGiShares Core U.S. Aggreg | $45M | 4.9% | — | 2.0 yr |
| SCHVSchwab U.S. Large-Cap Va | $43M | 4.7% | — | 7.5 yr |
| SPTIState Street SPDR Portfo | $43M | 4.7% | — | 2.5 yr |
| SCHGSchwab U.S. Large-Cap Gr | $37M | 4.0% | — | 7.5 yr |
| VUGVanguard Growth ETF | $30M | 3.2% | — | 7.5 yr |
| SCHFSchwab International Equ | $28M | 3.0% | — | 7.5 yr |
| MGCVanguard Mega Cap ETF | $26M | 2.9% | — | 7.5 yr |
| FRELFidelity MSCI Real Estat | $22M | 2.4% | — | 5.5 yr |
| IGIBiShares 5-10 Year Invest | $22M | 2.4% | — | 2.0 yr |
| VOTVanguard Mid-Cap Growth | $21M | 2.3% | — | 7.5 yr |
| SCHXSchwab U.S. Large-Cap ET | $20M | 2.2% | — | 7.5 yr |
| LINDLindblad Expeditions Hol | $18M | 2.0% | +86.6% | 5.0 yr |
| IMCViShares Morningstar Mid- | $18M | 2.0% | — | 4.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management85.5%-0.9pp$783M
Asset Management - Bonds2.7%-0.3pp$25M
Travel Services2.0%+0.7pp$18M
Asset Management - Leveraged2.0%+0.0pp$18M
Consumer Electronics1.0%+0.0pp$10M
Internet Content & Information0.8%+0.3pp$7M
Software - Infrastructure0.6%+0.2pp$6M
Banks - Diversified0.5%-0.0pp$4M
Semiconductors0.5%+0.1pp$4M
Financial - Credit Services0.4%+0.2pp$4M
Country
US99.6%-0.4pp
CA0.3%
Unknown0.1%+0.1pp
NL0.0%
IE0.0%
Top 5: 34.2% · Top 10: 49.8% · Top 25: 76.3%
Top buys this quarter · 15
| PL Planet Labs PBCnew | +$2M |
| PLTR Palantir Technologies Inc. | +$1M |
| AAPL Apple Inc. | +$10M |
| SPY State Street SPDR S&P 500 ETF | +$0M |
| ASML ASML Holding N.V.new | +$0M |
| NVDA NVIDIA Corporation | +$0M |
| WM Waste Management, Inc.new | +$0M |
| ETN Eaton Corporation plcnew | +$0M |
| CAT Caterpillar Inc. | +$0M |
| AMZN Amazon.com, Inc. | +$3M |
Top sells this quarter · 15
| LLY Eli Lilly and Company | −$0M |
| JNJ Johnson & Johnson | −$0M |
| PGR The Progressive Corporationexit | −$0M |
| UBER Uber Technologies, Inc.exit | −$0M |
| BX Blackstone Inc.exit | −$0M |
| INTU Intuit Inc.exit | −$0M |
| CVX Chevron Corporation | −$1M |
| PG The Procter & Gamble Company | −$0M |
| PEP PepsiCo, Inc. | −$1M |
| WMT Walmart Inc. | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $916M | 185 | +37.16% | +17.59% | +19.57% | -0.04B |
| 2025-12-31 | $949M | 176 | +23.91% | +17.72% | +6.19% | -0.07B |
| 2025-09-30 | $893M | 161 | +19.50% | +17.52% | +1.98% | +0.19B |
| 2025-06-30 | $644M | 144 | +14.66% | +14.94% | -0.28% | -0.09B |
| 2025-03-31 | $666M | 146 | +8.67% | +8.30% | +0.37% | +0.06B |
| 2024-12-31 | $667M | 145 | +18.63% | +24.89% | -6.26% | +0.02B |
| 2024-09-30 | $589M | 144 | +30.41% | +36.04% | -5.63% | +0.05B |
| 2024-06-30 | $518M | 138 | +8.52% | +24.49% | -15.97% | +0.13B |
| 2024-03-31 | $370M | 114 | +14.62% | +29.62% | -15.00% | +0.00B |
| 2023-12-31 | $370M | 115 | +25.01% | +26.18% | -1.17% | -0.02B |
| 2023-09-30 | $325M | 110 | +5.51% | +21.57% | -16.06% | +0.03B |
| 2023-06-30 | $338M | 113 | +19.79% | +19.42% | +0.36% | +0.00B |
| 2023-03-31 | $305M | 116 | -7.85% | -7.82% | -0.03% | +0.01B |
| 2022-12-31 | $277M | 110 | -18.61% | -18.17% | -0.44% | +0.02B |
| 2022-09-30 | $248M | 102 | -11.28% | -15.51% | +4.23% | -0.00B |
| 2022-06-30 | $254M | 113 | -9.31% | -10.62% | +1.31% | -0.02B |