Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.13%
adds when stocks drop
when a holding falls −10%+
Middle response
+1.26%
steady accumulation
Rally response
-2.57%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $102M | 8.2% | +14.7% | 6.5 yr |
| BRK-BBerkshire Hathaway Inc. | $42M | 3.4% | — | 6.5 yr |
| MRKMerck & Co., Inc. | $32M | 2.5% | +38.9% | 6.3 yr |
| SPYGState Street SPDR Portfo | $30M | 2.4% | — | 6.3 yr |
| MSFTMicrosoft Corporation | $27M | 2.2% | -0.6% | 6.5 yr |
| NVDANVIDIA Corporation | $22M | 1.8% | +60.9% | 6.0 yr |
| QQQInvesco QQQ Trust, Serie | $21M | 1.7% | — | 6.5 yr |
| AMZNAmazon.com, Inc. | $20M | 1.6% | +9.5% | 6.3 yr |
| VYMVanguard High Dividend Y | $17M | 1.4% | — | 6.5 yr |
| GOOGLAlphabet Inc. | $16M | 1.2% | — | 5.8 yr |
| BIZDVanEck BDC Income ETF | $15M | 1.2% | — | 4.3 yr |
| IBMInternational Business M | $14M | 1.1% | -0.1% | 6.3 yr |
| SPYState Street SPDR S&P 50 | $14M | 1.1% | +17.6% | 6.3 yr |
| XOMExxon Mobil Corporation | $14M | 1.1% | +47.6% | 6.5 yr |
| PHYSSprott Physical Gold Tru | $13M | 1.1% | — | 1.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management35.4%-2.8pp$441M
Consumer Electronics8.2%+0.8pp$102M
Drug Manufacturers - General5.1%-0.2pp$64M
Semiconductors4.5%+1.5pp$55M
Insurance - Diversified4.1%+0.8pp$52M
Internet Content & Information3.2%+0.9pp$39M
Software - Infrastructure3.1%-0.2pp$39M
Financial - Credit Services2.1%-2.0pp$27M
Specialty Retail1.9%+0.2pp$23M
Banks - Diversified1.8%-0.0pp$22M
Country
US95.0%-1.2pp
CA1.8%+1.1pp
GB0.9%+0.5pp
IE0.7%-0.5pp
Unknown0.4%-0.2pp
CH0.3%+0.2pp
TW0.2%+0.2pp
NL0.2%+0.0pp
Top 5: 18.7% · Top 10: 26.4% · Top 25: 40.9%
Top buys this quarter · 15
| GOOG Alphabet Inc. | +$2M |
| AZN AstraZeneca PLCnew | +$1M |
| NVDA NVIDIA Corporation | +$22M |
| V Visa Inc. | +$6M |
| TXN Texas Instruments Incorporated | +$1M |
| TSM Taiwan Semiconductor Manufactu | +$1M |
| BTI British American Tobacco p.l.c | +$1M |
| PM Philip Morris International In | +$1M |
| COMP Compass, Inc.new | +$1M |
| AXON Axon Enterprise, Inc. | +$1M |
Top sells this quarter · 15
| AAPL Apple Inc. | −$2M |
| LLY Eli Lilly and Company | −$2M |
| OWL Blue Owl Capital Inc. | −$2M |
| TJX The TJX Companies, Inc. | −$1M |
| NMFC New Mountain Finance Corporati | −$1M |
| GWW W.W. Grainger, Inc. | −$1M |
| ETN Eaton Corporation plc | −$1M |
| CSX CSX Corporation | −$1M |
| MS Morgan Stanley | −$1M |
| BR Broadridge Financial Solutions | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.25B | 718 | +10.61% | +17.59% | -6.98% | +0.03B |
| 2025-12-31 | $1.29B | 681 | +12.46% | +17.72% | -5.26% | -0.16B |
| 2025-09-30 | $1.41B | 688 | +12.27% | +17.52% | -5.25% | +0.04B |
| 2025-06-30 | $1.28B | 609 | +13.90% | +14.94% | -1.04% | -0.20B |
| 2025-03-31 | $1.39B | 599 | +9.57% | +8.30% | +1.26% | +0.06B |
| 2024-12-31 | $1.39B | 569 | +21.61% | +24.89% | -3.28% | -0.15B |
| 2024-09-30 | $1.49B | 616 | +31.56% | +36.04% | -4.48% | +0.00B |
| 2024-06-30 | $1.38B | 596 | +17.83% | +24.49% | -6.66% | +0.10B |
| 2024-03-31 | $1.25B | 532 | +25.00% | +29.62% | -4.62% | +0.04B |
| 2023-12-31 | $1.13B | 504 | +25.64% | +26.18% | -0.54% | -0.02B |
| 2023-09-30 | $1.03B | 487 | +21.12% | +21.57% | -0.44% | +0.01B |
| 2023-06-30 | $1.05B | 484 | +17.80% | +19.42% | -1.62% | +0.01B |
| 2023-03-31 | $958M | 478 | -7.16% | -7.82% | +0.66% | -0.03B |
| 2022-12-31 | $920M | 492 | -17.54% | -18.17% | +0.63% | -0.04B |
| 2022-09-30 | $898M | 480 | -14.65% | -15.51% | +0.86% | -0.00B |
| 2022-06-30 | $957M | 495 | -1.04% | -10.62% | +9.58% | -0.00B |