Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+3.76%
adds when stocks drop
when a holding falls −10%+
Middle response
-14.27%
baseline attrition
Rally response
-25.33%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| COSTCostco Wholesale Corpora | $15M | 1.1% | +5.9% | 0.8 yr |
| BSXBoston Scientific Corpor | $14M | 1.1% | -37.8% | 1.8 yr |
| METAMeta Platforms, Inc. | $13M | 1.0% | -0.4% | 1.3 yr |
| CCitigroup Inc. | $13M | 1.0% | +63.9% | 1.5 yr |
| CPRTCopart, Inc. | $13M | 1.0% | -41.3% | 1.8 yr |
| AIGAmerican International G | $13M | 1.0% | -11.5% | 1.8 yr |
| DHRDanaher Corporation | $13M | 1.0% | -7.1% | 2.5 yr |
| OXYOccidental Petroleum Cor | $13M | 1.0% | +34.6% | 2.0 yr |
| MSFTMicrosoft Corporation | $13M | 1.0% | -0.6% | 2.3 yr |
| DVNDevon Energy Corporation | $13M | 1.0% | +38.1% | 2.3 yr |
| PNCThe PNC Financial Servic | $12M | 0.9% | +22.7% | 1.3 yr |
| AAgilent Technologies, In | $12M | 0.9% | -1.8% | 2.0 yr |
| BACBank of America Corporat | $12M | 0.9% | +19.4% | 2.8 yr |
| IBKRInteractive Brokers Grou | $12M | 0.9% | +62.8% | 2.0 yr |
| GMGeneral Motors Company | $12M | 0.9% | +60.0% | 3.0 yr |
Portfolio composition (YoY)
Industry mix
Oil & Gas Exploration & Production6.3%+2.8pp$82M
Software - Application6.1%+0.0pp$79M
Regulated Electric4.6%+2.3pp$60M
Industrial - Machinery3.3%+0.4pp$43M
Aerospace & Defense3.2%+2.2pp$42M
Software - Infrastructure3.0%-0.2pp$39M
Drug Manufacturers - General2.8%-0.2pp$36M
Semiconductors2.6%-0.6pp$34M
Banks - Diversified2.6%+0.4pp$34M
Medical - Devices2.4%-0.2pp$31M
Country
US92.0%+2.3pp
CA3.0%+1.9pp
IE1.5%-1.3pp
Unknown1.0%-1.3pp
BM1.0%+0.9pp
GB0.4%-0.6pp
BR0.2%-0.1pp
CN0.2%
Top 5: 5.2% · Top 10: 10.1% · Top 25: 23.2%
Top buys this quarter · 15
| DHR Danaher Corporation | +$12M |
| DVN Devon Energy Corporation | +$11M |
| AIG American International Group, | +$11M |
| IBKR Interactive Brokers Group, Inc | +$11M |
| PNC The PNC Financial Services Gro | +$11M |
| DUK Duke Energy Corporation | +$11M |
| PGR The Progressive Corporation | +$10M |
| PR Permian Resources Corporation | +$10M |
| COF Capital One Financial Corporat | +$10M |
| NTR Nutrien Ltd. | +$9M |
Top sells this quarter · 15
| GLW Corning Incorporated | −$16M |
| LNG Cheniere Energy, Inc. | −$16M |
| ETN Eaton Corporation plcexit | −$14M |
| MU Micron Technology, Inc. | −$14M |
| CF CF Industries Holdings, Inc. | −$13M |
| SHW The Sherwin-Williams Companyexit | −$13M |
| DOV Dover Corporation | −$12M |
| KO The Coca-Cola Companyexit | −$12M |
| SNDK Sandisk Corporation | −$12M |
| T AT&T Inc.exit | −$12M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.30B | 428 | +26.24% | +17.59% | +8.65% | +0.07B |
| 2025-12-31 | $1.21B | 465 | +24.45% | +17.72% | +6.73% | +0.14B |
| 2025-09-30 | $1.02B | 433 | +21.41% | +17.52% | +3.89% | -0.11B |
| 2025-06-30 | $1.04B | 409 | +20.23% | +14.94% | +5.28% | +0.02B |
| 2025-03-31 | $941M | 418 | +13.37% | +8.30% | +5.06% | +0.19B |
| 2024-12-31 | $751M | 371 | +27.74% | +24.89% | +2.85% | +0.20B |
| 2024-09-30 | $542M | 356 | +35.70% | +36.04% | -0.34% | -0.02B |
| 2024-06-30 | $526M | 404 | +21.50% | +24.49% | -2.99% | +0.06B |
| 2024-03-31 | $456M | 393 | +22.25% | +29.62% | -7.37% | +0.00B |
| 2023-12-31 | $399M | 334 | +10.85% | +26.18% | -15.33% | -0.18B |
| 2023-09-30 | $535M | 313 | -3.84% | -3.22% | -0.61% | +0.40B |
| 2023-06-30 | $141M | 197 | +3.32% | +8.68% | -5.36% | -0.01B |
| 2023-03-31 | $148M | 227 | +2.53% | +7.46% | -4.93% | +0.00B |
| 2022-12-31 | $144M | 214 | — | — | — | — |