Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.65%
adds when stocks drop
when a holding falls −10%+
Middle response
-1.56%
baseline attrition
Rally response
-1.30%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| JPMJPMorgan Chase & Co. | $8M | 4.0% | +21.8% | 7.5 yr |
| JNJJohnson & Johnson | $8M | 3.9% | +51.5% | 7.5 yr |
| VOOVanguard S&P 500 ETF | $7M | 3.6% | — | 7.3 yr |
| XOMExxon Mobil Corporation | $7M | 3.5% | +47.6% | 7.5 yr |
| KOThe Coca-Cola Company | $7M | 3.4% | +9.3% | 7.5 yr |
| MSFTMicrosoft Corporation | $7M | 3.4% | -0.6% | 7.5 yr |
| FNDFSchwab Fundamental Inter | $7M | 3.4% | — | 1.3 yr |
| JPSTJPMorgan Ultra-Short Inc | $6M | 3.2% | — | 7.3 yr |
| CVXChevron Corporation | $6M | 3.0% | +29.2% | 7.5 yr |
| ABBVAbbVie Inc. | $6M | 3.0% | +7.3% | 7.5 yr |
| GOOGLAlphabet Inc. | $5M | 2.7% | — | 7.5 yr |
| AAPLApple Inc. | $5M | 2.4% | +14.7% | 7.5 yr |
| WMTWalmart Inc. | $5M | 2.3% | +42.8% | 7.5 yr |
| CSCOCisco Systems, Inc. | $4M | 2.2% | +28.1% | 7.5 yr |
| HONHoneywell International | $4M | 2.1% | +9.0% | 7.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management14.8%+2.1pp$29M
Drug Manufacturers - General10.2%-0.6pp$20M
Oil & Gas Integrated7.5%+0.1pp$15M
Beverages - Non-Alcoholic5.4%-0.6pp$11M
Banks - Diversified5.4%-0.3pp$11M
Asset Management - Bonds4.3%+1.9pp$9M
Software - Infrastructure4.3%-1.3pp$8M
Asset Management - Income3.2%+1.7pp$6M
Internet Content & Information3.1%+0.9pp$6M
Aerospace & Defense3.0%-0.2pp$6M
Country
US97.5%+0.5pp
CH1.2%-0.2pp
GB1.0%-0.2pp
CA0.2%+0.0pp
Unknown0.1%-0.2pp
Top 5: 18.5% · Top 10: 34.5% · Top 25: 62.8%
Top buys this quarter · 15
| VZ Verizon Communications Inc. | +$1M |
| WDAY Workday, Inc.new | +$1M |
| KMB Kimberly-Clark Corporation | +$1M |
| SJM The J. M. Smucker Companynew | +$0M |
| SCCO Southern Copper Corporationnew | +$0M |
| AEP American Electric Power Compannew | +$0M |
| PNFP Pinnacle Financial Partners, I | +$3M |
| META Meta Platforms, Inc. | +$0M |
| ABT Abbott Laboratories | +$4M |
| EMR Emerson Electric Co. | +$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $199M | 109 | +15.15% | +17.59% | -2.44% | -0.01B |
| 2025-12-31 | $203M | 104 | +15.66% | +17.72% | -2.06% | +0.01B |
| 2025-09-30 | $186M | 100 | +11.16% | +17.52% | -6.36% | -0.01B |
| 2025-06-30 | $185M | 105 | +12.63% | +14.94% | -2.31% | -0.00B |
| 2025-03-31 | $177M | 102 | +8.29% | +8.30% | -0.02% | +0.00B |
| 2024-12-31 | $169M | 96 | +15.47% | +24.89% | -9.41% | +0.00B |
| 2024-09-30 | $169M | 92 | +27.17% | +36.04% | -8.86% | +0.00B |
| 2024-06-30 | $155M | 88 | +13.63% | +24.49% | -10.87% | -0.00B |
| 2024-03-31 | $156M | 89 | +16.73% | +29.62% | -12.89% | -0.00B |
| 2023-12-31 | $145M | 86 | +6.77% | +26.18% | -19.41% | +0.00B |
| 2023-09-30 | $132M | 79 | +12.91% | +21.57% | -8.65% | -0.00B |
| 2023-06-30 | $142M | 83 | +10.43% | +19.42% | -8.99% | -0.00B |
| 2023-03-31 | $139M | 84 | -2.27% | -7.82% | +5.55% | +0.00B |
| 2022-12-31 | $137M | 88 | -6.20% | -18.17% | +11.97% | -0.00B |
| 2022-09-30 | $124M | 82 | -8.77% | -15.51% | +6.74% | -0.01B |
| 2022-06-30 | $139M | 88 | -2.60% | -10.62% | +8.02% | -0.01B |