Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+12.95%
adds when stocks drop
when a holding falls −10%+
Middle response
-2.44%
baseline attrition
Rally response
-21.66%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| CHRDChord Energy Corporation | $73M | 3.4% | +32.8% | 3.8 yr |
| WDAYWorkday, Inc. | $73M | 3.4% | -44.4% | 0.5 yr |
| GPNGlobal Payments Inc. | $62M | 2.8% | -30.4% | 3.3 yr |
| PVHPVH Corp. | $53M | 2.5% | +8.1% | 2.0 yr |
| TFXTeleflex Incorporated | $52M | 2.4% | -12.4% | 1.5 yr |
| SIROSirona Dental Systems, I | $51M | 2.4% | — | 1.8 yr |
| EGOEldorado Gold Corporatio | $49M | 2.3% | +104.5% | 4.5 yr |
| FISFidelity National Inform | $49M | 2.2% | -35.6% | 2.5 yr |
| AKAMAkamai Technologies, Inc | $47M | 2.2% | +42.7% | 2.5 yr |
| VTRSViatris Inc. | $44M | 2.0% | +62.4% | 4.0 yr |
| CRMSalesforce, Inc. | $42M | 1.9% | -30.2% | 2.0 yr |
| BILLBill.com Holdings, Inc. | $40M | 1.8% | -16.5% | 2.0 yr |
| LYFTLyft, Inc. | $39M | 1.8% | +12.0% | 4.0 yr |
| WIXWix.com Ltd. | $38M | 1.8% | -44.9% | 1.0 yr |
| HAEHaemonetics Corporation | $37M | 1.7% | -11.3% | 1.0 yr |
Portfolio composition (YoY)
Industry mix
Software - Application14.2%+9.4pp$308M
Software - Infrastructure7.7%+1.3pp$167M
Information Technology Services6.9%+1.0pp$149M
Oil & Gas Exploration & Production4.7%-0.3pp$102M
Medical - Instruments & Supplies4.2%+1.4pp$91M
Medical - Care Facilities4.0%+3.3pp$87M
Medical - Devices3.9%+2.6pp$85M
Packaged Foods3.8%+2.3pp$82M
Financial - Credit Services3.5%-1.4pp$76M
Industrial - Machinery3.4%+1.3pp$74M
Country
US87.2%-4.6pp
IL3.5%+3.4pp
CA3.4%-0.6pp
GB2.6%+0.7pp
Unknown1.2%+0.5pp
IE1.2%+0.4pp
BM0.5%
KY0.3%-0.3pp
Top 5: 14.4% · Top 10: 25.5% · Top 25: 49.5%
Top buys this quarter · 15
| WDAY Workday, Inc. | +$69M |
| CHRD Chord Energy Corporation | +$45M |
| FIS Fidelity National Information | +$36M |
| CRM Salesforce, Inc. | +$33M |
| WIX Wix.com Ltd. | +$31M |
| LYFT Lyft, Inc. | +$25M |
| SNAP Snap Inc. | +$20M |
| UHS Universal Health Services, Inc | +$20M |
| COUR Coursera, Inc. | +$15M |
| SPSC SPS Commerce, Inc.new | +$15M |
Top sells this quarter · 15
| ACHC Acadia Healthcare Company, Inc | −$50M |
| EQX Equinox Gold Corp.exit | −$44M |
| VTRS Viatris Inc. | −$32M |
| AKAM Akamai Technologies, Inc. | −$31M |
| MTB M&T Bank Corporation | −$30M |
| RNG RingCentral, Inc. | −$27M |
| CNXC Concentrix Corporationexit | −$24M |
| SON Sonoco Products Company | −$23M |
| DV DoubleVerify Holdings, Inc.exit | −$23M |
| TROX Tronox Holdings plcexit | −$21M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $2.17B | 148 | +11.29% | +17.59% | -6.31% | +0.16B |
| 2025-12-31 | $2.06B | 143 | +7.68% | +17.72% | -10.04% | +0.14B |
| 2025-09-30 | $1.91B | 140 | +6.39% | +17.52% | -11.13% | -0.02B |
| 2025-06-30 | $1.76B | 148 | +6.38% | +14.94% | -8.56% | -0.28B |
| 2025-03-31 | $1.97B | 168 | -6.75% | +8.30% | -15.05% | +0.30B |
| 2024-12-31 | $1.78B | 153 | +0.16% | +24.89% | -24.73% | -0.03B |
| 2024-09-30 | $1.81B | 141 | +12.57% | +36.04% | -23.47% | -0.28B |
| 2024-06-30 | $1.92B | 157 | -0.64% | +24.49% | -25.13% | +0.20B |
| 2024-03-31 | $1.88B | 145 | +13.56% | +29.62% | -16.06% | -0.01B |
| 2023-12-31 | $1.88B | 166 | +24.63% | +26.18% | -1.55% | -0.79B |
| 2023-09-30 | $2.38B | 145 | +18.79% | +21.57% | -2.78% | +0.65B |
| 2023-06-30 | $1.79B | 132 | +15.24% | +19.42% | -4.19% | -0.04B |
| 2023-03-31 | $1.76B | 138 | -5.59% | -7.82% | +2.22% | +0.23B |
| 2022-12-31 | $1.38B | 137 | +6.91% | +7.56% | -0.65% | +0.14B |
| 2022-09-30 | $1.16B | 145 | -6.55% | -4.93% | -1.62% | +0.08B |
| 2022-06-30 | $1.15B | 143 | -14.62% | -16.11% | +1.49% | +0.54B |