Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+6.76%
adds when stocks drop
when a holding falls −10%+
Middle response
+5.93%
steady accumulation
Rally response
-4.12%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $57M | 6.7% | +60.9% | 10.8 yr |
| AAPLApple Inc. | $46M | 5.4% | +14.7% | 12.0 yr |
| SPIBState Street SPDR Portfo | $28M | 3.3% | — | 8.0 yr |
| FLOTiShares Floating Rate Bo | $27M | 3.3% | — | 6.0 yr |
| SPSBState Street SPDR Portfo | $26M | 3.0% | — | 8.0 yr |
| MSFTMicrosoft Corporation | $22M | 2.6% | -0.6% | 12.3 yr |
| SGOViShares 0-3 Month Treasu | $21M | 2.5% | — | 0.3 yr |
| BNDCFlexShares Core Select B | $20M | 2.3% | — | 3.3 yr |
| FBNDFidelity Total Bond ETF | $19M | 2.3% | — | 3.3 yr |
| GOOGAlphabet Inc. | $17M | 2.1% | +84.3% | 9.3 yr |
| TLTiShares 20+ Year Treasur | $16M | 1.9% | — | 3.0 yr |
| IWFiShares Russell 1000 Gro | $15M | 1.8% | — | 12.3 yr |
| IVEiShares S&P 500 Value ET | $14M | 1.7% | — | 12.0 yr |
| IWSiShares Russell Mid-Cap | $14M | 1.6% | — | 12.3 yr |
| IAGGiShares Core Internation | $13M | 1.6% | — | 7.8 yr |
Portfolio composition (YoY)
Industry mix
Asset Management26.6%-3.3pp$225M
Asset Management - Bonds20.8%+2.5pp$176M
Semiconductors8.4%+1.6pp$71M
Consumer Electronics5.4%+0.2pp$46M
Internet Content & Information4.1%+0.7pp$34M
Software - Infrastructure3.2%-0.6pp$27M
Drug Manufacturers - General2.7%+0.5pp$23M
Industrial - Machinery1.7%-0.2pp$14M
Specialty Retail1.6%+0.5pp$14M
Regulated Electric1.6%+0.1pp$13M
Country
US99.1%+0.1pp
CH0.5%-0.1pp
CA0.2%+0.1pp
Unknown0.1%+0.0pp
GB0.1%+0.0pp
TW0.0%
NL0.0%
Top 5: 21.7% · Top 10: 33.5% · Top 25: 54.4%
Top buys this quarter · 15
| AMZN Amazon.com, Inc. | +$3M |
| NVDA NVIDIA Corporation | +$57M |
| GOOG Alphabet Inc. | +$17M |
| MSFT Microsoft Corporation | +$22M |
| KMB Kimberly-Clark Corporation | +$1M |
| CLX The Clorox Company | +$1M |
| AAPL Apple Inc. | +$46M |
| QCOM QUALCOMM Incorporated | +$5M |
| HD The Home Depot, Inc. | +$0M |
| T AT&T Inc. | +$0M |
Top sells this quarter · 15
| AMAT Applied Materials, Inc. | −$9M |
| CAT Caterpillar Inc. | −$2M |
| SCCO Southern Copper Corporation | −$2M |
| CMI Cummins Inc. | −$2M |
| ALB Albemarle Corporation | −$2M |
| CAH Cardinal Health, Inc. | −$2M |
| GILD Gilead Sciences, Inc. | −$1M |
| EMR Emerson Electric Co. | −$1M |
| CB Chubb Limited | −$1M |
| ITW Illinois Tool Works Inc. | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $844M | 281 | +24.29% | +17.59% | +6.70% | +0.03B |
| 2025-12-31 | $832M | 292 | +19.71% | +17.72% | +1.99% | +0.00B |
| 2025-09-30 | $797M | 272 | +17.92% | +17.52% | +0.40% | +0.01B |
| 2025-06-30 | $725M | 259 | +14.18% | +14.94% | -0.76% | -0.02B |
| 2025-03-31 | $662M | 246 | +5.08% | +8.30% | -3.22% | +0.06B |
| 2024-12-31 | $641M | 213 | +21.02% | +24.89% | -3.86% | +0.01B |
| 2024-09-30 | $620M | 215 | +31.54% | +36.04% | -4.49% | +0.02B |
| 2024-06-30 | $570M | 207 | +19.60% | +24.49% | -4.89% | +0.02B |
| 2024-03-31 | $535M | 202 | +25.14% | +29.62% | -4.48% | +0.01B |
| 2023-12-31 | $482M | 208 | +26.65% | +26.18% | +0.47% | +0.00B |
| 2023-09-30 | $432M | 200 | +20.81% | +21.57% | -0.76% | +0.01B |
| 2023-06-30 | $441M | 214 | +20.18% | +19.42% | +0.75% | +0.01B |
| 2023-03-31 | $399M | 204 | -4.71% | -7.82% | +3.11% | +0.00B |
| 2022-12-31 | $361M | 205 | -17.48% | -18.17% | +0.69% | +0.02B |
| 2022-09-30 | $326M | 179 | -13.64% | -15.51% | +1.87% | +0.01B |
| 2022-06-30 | $330M | 178 | -9.03% | -10.62% | +1.59% | +0.00B |