Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.93%
adds when stocks drop
when a holding falls −10%+
Middle response
+1.67%
steady accumulation
Rally response
+1.09%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| ANETArista Networks, Inc. | $2.54B | 11.0% | +58.5% | 1.5 yr |
| SPYState Street SPDR S&P 50 | $2.32B | 10.1% | +17.6% | 7.5 yr |
| IVViShares Core S&P 500 ETF | $1.54B | 6.7% | — | 7.5 yr |
| RSPInvesco S&P 500 Equal We | $859M | 3.7% | — | 7.3 yr |
| VOOVanguard S&P 500 ETF | $714M | 3.1% | — | 7.5 yr |
| IEFAiShares Core MSCI EAFE E | $505M | 2.2% | — | 7.5 yr |
| AAPLApple Inc. | $465M | 2.0% | +14.7% | 7.5 yr |
| IJRiShares Core S&P Small-C | $408M | 1.8% | — | 7.5 yr |
| GOOGLAlphabet Inc. | $354M | 1.5% | — | 7.5 yr |
| VEUVanguard FTSE All-World | $345M | 1.5% | — | 7.5 yr |
| METAMeta Platforms, Inc. | $315M | 1.4% | -0.4% | 7.5 yr |
| VTIVanguard Total Stock Mar | $276M | 1.2% | — | 7.5 yr |
| OEFiShares S&P 100 ETF | $252M | 1.1% | — | 5.8 yr |
| MSFTMicrosoft Corporation | $215M | 0.9% | -0.6% | 7.5 yr |
| RDDTReddit, Inc. | $205M | 0.9% | +28.4% | 1.8 yr |
Portfolio composition (YoY)
Industry mix
Asset Management56.6%+6.1pp$13.07B
Computer Hardware11.1%+0.9pp$2.57B
Internet Content & Information4.7%+0.3pp$1.08B
Software - Infrastructure2.4%-0.3pp$549M
Semiconductors2.2%+0.4pp$509M
Consumer Electronics2.0%-0.8pp$466M
Drug Manufacturers - General1.3%-0.0pp$312M
Financial - Credit Services1.1%-0.5pp$254M
Banks - Diversified0.9%-0.0pp$205M
Integrated Freight & Logistics0.8%+0.2pp$195M
Country
US98.2%-0.1pp
CA0.4%+0.0pp
Unknown0.4%+0.2pp
IE0.3%-0.1pp
KY0.2%+0.2pp
CH0.2%-0.0pp
GB0.2%-0.1pp
TW0.1%+0.0pp
Top 5: 34.5% · Top 10: 43.5% · Top 25: 56.7%
Top buys this quarter · 15
| OTF Blue Owl Technology Finance Co | +$48M |
| OWL Blue Owl Capital Inc. | +$45M |
| ARX Accelerant Holdingsnew | +$25M |
| ENTG Entegris, Inc. | +$22M |
| CVX Chevron Corporation | +$21M |
| INTU Intuit Inc. | +$15M |
| CCI Crown Castle Inc. | +$14M |
| HON Honeywell International Inc. | +$13M |
| KBR KBR, Inc. | +$12M |
| MSFT Microsoft Corporation | +$215M |
Top sells this quarter · 15
| ERIE Erie Indemnity Company | −$432M |
| SPY State Street SPDR S&P 500 ETF | −$33M |
| META Meta Platforms, Inc. | −$30M |
| RDDT Reddit, Inc. | −$23M |
| FIVE Five Below, Inc. | −$20M |
| PRTH Priority Technology Holdings, exit | −$19M |
| WMT Walmart Inc. | −$77M |
| ALB Albemarle Corporation | −$8M |
| LLY Eli Lilly and Company | −$8M |
| ADI Analog Devices, Inc. | −$47M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $23.10B | 1576 | +21.27% | +17.59% | +3.68% | +0.99B |
| 2025-12-31 | $23.52B | 1573 | +14.33% | +17.72% | -3.39% | +1.00B |
| 2025-09-30 | $22.91B | 1794 | +25.42% | +17.52% | +7.90% | -0.55B |
| 2025-06-30 | $20.18B | 1667 | +15.31% | +14.94% | +0.37% | -2.31B |
| 2025-03-31 | $19.93B | 1643 | +4.11% | +8.30% | -4.20% | +1.55B |
| 2024-12-31 | $20.74B | 1638 | +27.39% | +24.89% | +2.50% | -7.03B |
| 2024-09-30 | $25.75B | 2064 | +32.50% | +36.04% | -3.54% | +0.57B |
| 2024-06-30 | $23.55B | 1982 | +19.77% | +24.49% | -4.72% | +2.64B |
| 2024-03-31 | $20.53B | 1865 | +27.74% | +29.62% | -1.89% | +2.66B |
| 2023-12-31 | $16.48B | 1782 | +39.70% | +26.18% | +13.52% | +0.29B |
| 2023-09-30 | $14.44B | 1746 | +23.35% | +21.57% | +1.78% | +0.81B |
| 2023-06-30 | $14.10B | 1759 | +26.38% | +19.42% | +6.96% | +8.67B |
| 2023-03-31 | $4.99B | 812 | -6.58% | -7.82% | +1.23% | -4.35B |
| 2022-12-31 | $7.88B | 688 | -24.85% | -18.17% | -6.68% | +0.06B |
| 2022-09-30 | $7.90B | 878 | -15.73% | -15.51% | -0.23% | -0.15B |
| 2022-06-30 | $8.13B | 934 | -14.43% | -10.62% | -3.81% | +0.41B |