Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+3.14%
adds when stocks drop
when a holding falls −10%+
Middle response
-7.67%
baseline attrition
Rally response
-5.50%
trims into rallies
when a holding rises +10%+
Top positions · 6
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| GPIGroup 1 Automotive, Inc. | $250M | 47.7% | -13.0% | 3.5 yr |
| EQHEquitable Holdings, Inc. | $156M | 29.8% | -27.1% | 6.3 yr |
| LADLithia Motors, Inc. | $53M | 10.1% | -14.3% | 3.5 yr |
| MNDYmonday.com Ltd. | $28M | 5.3% | -71.6% | 0.8 yr |
| RMNIRimini Street, Inc. | $19M | 3.7% | -5.7% | 4.8 yr |
| SDHCSmith Douglas Homes Corp | $18M | 3.5% | -34.4% | 1.0 yr |
Portfolio composition (YoY)
Industry mix
Auto - Dealerships57.8%+2.6pp$303M
Insurance - Diversified29.8%-9.7pp$156M
Software - Application9.0%+5.9pp$47M
Real Estate - Development3.5%$18M
Country
US94.7%-3.0pp
IL5.3%
Top 5: 96.5% · Top 10: 100.0% · Top 25: 100.0%
Top sells this quarter · 1
| LAD Lithia Motors, Inc. | −$47M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $524M | 6 | -19.38% | +17.59% | -36.98% | +0.04B |
| 2025-12-31 | $604M | 5 | -2.61% | +17.72% | -20.33% | +0.01B |
| 2025-09-30 | $631M | 5 | +13.13% | +17.52% | -4.39% | -0.11B |
| 2025-06-30 | $768M | 6 | +27.38% | +14.94% | +12.44% | +0.03B |
| 2025-03-31 | $660M | 5 | +6.13% | +8.30% | -2.17% | -0.09B |
| 2024-12-31 | $776M | 6 | +18.59% | +24.89% | -6.29% | -0.18B |
| 2024-09-30 | $874M | 6 | +26.80% | +36.04% | -9.24% | -0.01B |
| 2024-06-30 | $816M | 6 | +18.91% | +24.49% | -5.58% | -0.03B |
| 2024-03-31 | $906M | 7 | +45.54% | +29.62% | +15.92% | -0.20B |
| 2023-12-31 | $1.03B | 7 | +54.51% | +26.18% | +28.34% | -0.01B |
| 2023-09-30 | $887M | 8 | +45.27% | +21.57% | +23.70% | -0.03B |
| 2023-06-30 | $911M | 10 | +46.13% | +19.42% | +26.71% | -0.04B |
| 2023-03-31 | $833M | 11 | +11.18% | -7.82% | +19.00% | -0.11B |
| 2022-12-31 | $822M | 11 | +10.20% | +7.56% | +2.64% | +0.05B |
| 2022-09-30 | $703M | 10 | +1.78% | -4.93% | +6.71% | +0.03B |
| 2022-06-30 | $662M | 9 | -13.19% | -16.11% | +2.92% | -0.10B |