Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.32%
trims when stocks drop
when a holding falls −10%+
Middle response
+1.59%
steady accumulation
Rally response
-0.37%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $73M | 2.7% | +60.9% | 7.5 yr |
| AAPLApple Inc. | $70M | 2.6% | +14.7% | 7.5 yr |
| IVViShares Core S&P 500 ETF | $68M | 2.5% | — | 7.5 yr |
| VOOVanguard S&P 500 ETF | $57M | 2.1% | — | 7.5 yr |
| BUFRFT Vest Laddered Buffer | $53M | 2.0% | — | 2.8 yr |
| SPYState Street SPDR S&P 50 | $48M | 1.8% | +17.6% | 7.5 yr |
| SPTIState Street SPDR Portfo | $47M | 1.7% | — | 2.3 yr |
| SPLGSPDR Portfolio S&P 500 E | $45M | 1.7% | — | 4.5 yr |
| AMZNAmazon.com, Inc. | $42M | 1.6% | +9.5% | 7.5 yr |
| SPYVState Street SPDR Portfo | $38M | 1.4% | — | 5.3 yr |
| MSFTMicrosoft Corporation | $37M | 1.4% | -0.6% | 7.5 yr |
| IVWiShares S&P 500 Growth E | $37M | 1.4% | — | 7.5 yr |
| RDVYFirst Trust Rising Divid | $35M | 1.3% | — | 5.3 yr |
| SPYGState Street SPDR Portfo | $34M | 1.3% | — | 4.3 yr |
| IJHiShares Core S&P Mid-Cap | $29M | 1.1% | — | 7.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management59.0%+1.5pp$1.59B
Semiconductors4.4%+1.1pp$119M
Asset Management - Bonds4.1%+0.8pp$111M
Consumer Electronics2.6%-0.1pp$70M
Software - Infrastructure2.4%-0.2pp$65M
Internet Content & Information2.4%+0.3pp$65M
Drug Manufacturers - General2.2%-0.1pp$58M
Specialty Retail1.7%-0.1pp$47M
Asset Management - Income1.4%+0.4pp$37M
Oil & Gas Integrated1.2%+0.2pp$33M
Country
US98.5%-0.1pp
CA0.6%+0.5pp
Unknown0.3%-0.3pp
IE0.1%-0.1pp
GB0.1%-0.0pp
TW0.1%+0.0pp
CH0.1%-0.0pp
AU0.0%+0.0pp
Top 5: 11.9% · Top 10: 20.1% · Top 25: 35.1%
Top buys this quarter · 15
| VLO Valero Energy Corporation | +$6M |
| CRWD CrowdStrike Holdings, Inc. | +$3M |
| IBKR Interactive Brokers Group, Inc | +$2M |
| NOW ServiceNow, Inc. | +$2M |
| ORCL Oracle Corporation | +$1M |
| CEG Constellation Energy Corporati | +$1M |
| XOM Exxon Mobil Corporation | +$1M |
| INFQ Infleqtion, Inc.new | +$1M |
| MCK McKesson Corporation | +$1M |
| TE T1 Energy Inc | +$9M |
Top sells this quarter · 15
| SPY State Street SPDR S&P 500 ETF | −$7M |
| PANW Palo Alto Networks, Inc. | −$3M |
| SPOT Spotify Technology S.A.exit | −$3M |
| AMZN Amazon.com, Inc. | −$2M |
| RDDT Reddit, Inc.exit | −$2M |
| META Meta Platforms, Inc. | −$2M |
| JPM JPMorgan Chase & Co. | −$2M |
| BSX Boston Scientific Corporation | −$2M |
| HOOD Robinhood Markets, Inc. | −$2M |
| GS The Goldman Sachs Group, Inc. | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $2.70B | 826 | +20.64% | +17.59% | +3.05% | +0.19B |
| 2025-12-31 | $2.65B | 786 | +18.50% | +17.72% | +0.78% | +0.02B |
| 2025-09-30 | $2.59B | 781 | +21.93% | +17.52% | +4.41% | -0.05B |
| 2025-06-30 | $2.42B | 751 | +19.20% | +14.94% | +4.26% | -0.05B |
| 2025-03-31 | $2.14B | 711 | +6.22% | +8.30% | -2.08% | +0.14B |
| 2024-12-31 | $2.15B | 694 | +24.93% | +24.89% | +0.05% | +0.02B |
| 2024-09-30 | $2.05B | 679 | +33.65% | +36.04% | -2.39% | -0.00B |
| 2024-06-30 | $1.92B | 656 | +19.28% | +24.49% | -5.22% | +0.05B |
| 2024-03-31 | $1.82B | 637 | +25.48% | +29.62% | -4.14% | -0.13B |
| 2023-12-31 | $1.78B | 660 | +22.85% | +26.18% | -3.32% | +0.06B |
| 2023-09-30 | $1.54B | 616 | +17.54% | +21.57% | -4.03% | -0.02B |
| 2023-06-30 | $1.64B | 623 | +17.37% | +19.42% | -2.05% | -0.03B |
| 2023-03-31 | $1.54B | 651 | -7.27% | -7.82% | +0.55% | +0.03B |
| 2022-12-31 | $1.42B | 643 | -17.37% | -18.17% | +0.80% | +0.05B |
| 2022-09-30 | $1.28B | 627 | -13.92% | -15.51% | +1.59% | +0.08B |
| 2022-06-30 | $1.26B | 642 | -9.06% | -10.62% | +1.56% | +0.00B |