Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-19.59%
trims when stocks drop
when a holding falls −10%+
Middle response
-37.02%
baseline attrition
Rally response
-46.41%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| TSCOTractor Supply Company | $11M | 1.1% | -16.4% | 2.8 yr |
| AMEAMETEK, Inc. | $10M | 1.0% | +25.3% | 2.3 yr |
| BRBroadridge Financial Sol | $10M | 1.0% | -31.8% | 2.0 yr |
| SSNCSS&C Technologies Holdin | $10M | 1.0% | -18.0% | 3.0 yr |
| CMGChipotle Mexican Grill, | $10M | 1.0% | -36.2% | 2.5 yr |
| AXONAxon Enterprise, Inc. | $10M | 1.0% | -19.3% | 1.8 yr |
| — | $9M | 1.0% | — | 1.0 yr |
| TDYTeledyne Technologies In | $9M | 1.0% | +21.6% | 2.3 yr |
| AMGNAmgen Inc. | $9M | 1.0% | +16.5% | 1.8 yr |
| FISFidelity National Inform | $9M | 1.0% | -35.6% | 4.0 yr |
| SGISomnigroup International | $9M | 0.9% | +24.4% | 3.5 yr |
| CMCSAComcast Corporation | $9M | 0.9% | — | 3.5 yr |
| CNCCentene Corporation | $9M | 0.9% | -46.1% | 3.5 yr |
| ONONOn Holding AG | $9M | 0.9% | -22.5% | 2.0 yr |
| SYYSysco Corporation | $9M | 0.9% | -3.0% | 2.3 yr |
Portfolio composition (YoY)
Industry mix
Software - Application4.9%-0.6pp$48M
Industrial - Machinery4.4%+0.3pp$43M
Unknown4.1%+1.7pp$39M
Software - Infrastructure4.0%+0.5pp$38M
Biotechnology3.4%+0.4pp$33M
Hardware, Equipment & Parts3.3%+1.9pp$32M
Information Technology Services2.8%+0.4pp$27M
Restaurants2.7%+2.2pp$26M
Apparel - Retail2.6%+1.7pp$25M
Aerospace & Defense2.4%+2.0pp$23M
Country
US89.6%-1.3pp
Unknown4.1%+1.7pp
CH1.2%+0.6pp
CA1.2%+1.1pp
GB1.0%+0.1pp
IL0.9%+0.1pp
IE0.4%-1.2pp
AU0.3%-0.8pp
Top 5: 5.2% · Top 10: 10.0% · Top 25: 23.1%
Top buys this quarter · 15
| AME AMETEK, Inc. | +$10M |
| CMG Chipotle Mexican Grill, Inc. | +$8M |
| UPS United Parcel Service, Inc. | +$8M |
| SYY Sysco Corporation | +$7M |
| CRCL Circle Internet Groupnew | +$7M |
| LOW Lowe's Companies, Inc. | +$7M |
| SJM The J. M. Smucker Company | +$7M |
| CNM Core & Main, Inc.new | +$7M |
| CTAS Cintas Corporation | +$6M |
| CAVA CAVA Group, Inc. | +$5M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $965M | 536 | +32.16% | +17.59% | +14.56% | -0.48B |
| 2025-12-31 | $1.40B | 560 | +25.51% | +17.72% | +7.79% | -1.38B |
| 2025-09-30 | $2.53B | 535 | +20.67% | +17.52% | +3.16% | -2.24B |
| 2025-06-30 | $4.40B | 599 | +20.98% | +14.94% | +6.03% | -1.51B |
| 2025-03-31 | $5.51B | 680 | +17.79% | +8.30% | +9.49% | -0.23B |
| 2024-12-31 | $5.84B | 576 | +33.43% | +24.89% | +8.54% | +0.32B |
| 2024-09-30 | $5.24B | 646 | +40.88% | +36.04% | +4.85% | -0.29B |
| 2024-06-30 | $5.08B | 494 | +30.97% | +24.49% | +6.48% | +0.02B |
| 2024-03-31 | $4.85B | 521 | +33.51% | +29.62% | +3.89% | -2.04B |
| 2023-12-31 | $6.18B | 608 | +25.35% | +26.18% | -0.83% | +0.39B |
| 2023-09-30 | $5.20B | 607 | +18.03% | +21.57% | -3.53% | +0.09B |
| 2023-06-30 | $5.05B | 559 | +10.27% | +19.42% | -9.16% | -0.19B |
| 2023-03-31 | $4.93B | 573 | -12.23% | -7.82% | -4.41% | -0.56B |
| 2022-12-31 | $5.25B | 655 | +4.89% | +7.56% | -2.67% | +1.30B |
| 2022-09-30 | $3.77B | 585 | -5.51% | -4.93% | -0.58% | +1.65B |
| 2022-06-30 | $2.24B | 481 | -15.30% | -16.11% | +0.81% | +0.31B |