Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.83%
trims when stocks drop
when a holding falls −10%+
Middle response
+3.16%
steady accumulation
Rally response
+4.03%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| RBLXRoblox Corporation | $935M | 4.3% | -3.0% | 5.3 yr |
| NVDANVIDIA Corporation | $857M | 4.0% | +60.9% | 6.3 yr |
| AAPLApple Inc. | $684M | 3.2% | +14.7% | 6.5 yr |
| SPYState Street SPDR S&P 50 | $561M | 2.6% | +17.6% | 6.5 yr |
| METAMeta Platforms, Inc. | $539M | 2.5% | -0.4% | 6.5 yr |
| MSFTMicrosoft Corporation | $478M | 2.2% | -0.6% | 6.5 yr |
| BILState Street SPDR Bloomb | $438M | 2.0% | — | 4.0 yr |
| AMZNAmazon.com, Inc. | $397M | 1.8% | +9.5% | 6.5 yr |
| VTIVanguard Total Stock Mar | $391M | 1.8% | — | 6.5 yr |
| GOOGLAlphabet Inc. | $383M | 1.8% | — | 6.3 yr |
| VOOVanguard S&P 500 ETF | $313M | 1.5% | — | 6.5 yr |
| GOOGAlphabet Inc. | $295M | 1.4% | +84.3% | 6.5 yr |
| QQQInvesco QQQ Trust, Serie | $259M | 1.2% | — | 6.5 yr |
| AVGOBroadcom Inc. | $257M | 1.2% | +86.0% | 6.3 yr |
| CRWDCrowdStrike Holdings, In | $246M | 1.1% | +10.7% | 6.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management21.4%-3.9pp$4.60B
Semiconductors7.4%+3.1pp$1.59B
Internet Content & Information6.1%-2.0pp$1.31B
Software - Infrastructure5.4%-1.3pp$1.17B
Electronic Gaming & Multimedia4.4%-4.3pp$955M
Software - Application3.8%-1.6pp$820M
Consumer Electronics3.2%-1.1pp$690M
Specialty Retail2.6%-0.4pp$558M
Drug Manufacturers - General2.3%+0.6pp$491M
Financial - Capital Markets2.1%-0.1pp$460M
Country
US95.1%-1.6pp
GB0.9%+0.6pp
IE0.6%-0.2pp
Unknown0.5%+0.2pp
CH0.5%+0.2pp
CA0.4%+0.3pp
BM0.3%+0.2pp
BR0.3%+0.0pp
Top 5: 16.6% · Top 10: 26.3% · Top 25: 40.6%
Top buys this quarter · 15
| MSFT Microsoft Corporation | +$478M |
| AVGO Broadcom Inc. | +$56M |
| DKNG DraftKings Inc. | +$43M |
| NVDA NVIDIA Corporation | +$857M |
| SPGI S&P Global Inc. | +$29M |
| BURL Burlington Stores, Inc. | +$29M |
| DOW Dow Inc. | +$27M |
| COST Costco Wholesale Corporation | +$26M |
| LULU Lululemon Athletica Inc. | +$21M |
| BA The Boeing Company | +$20M |
Top sells this quarter · 15
| APP AppLovin Corporation | −$6.18B |
| SPY State Street SPDR S&P 500 ETF | −$184M |
| META Meta Platforms, Inc. | −$135M |
| RBLX Roblox Corporation | −$40M |
| ZM Zoom Communications, Inc. | −$33M |
| EXAS Exact Sciences Corporationexit | −$32M |
| INTC Intel Corporation | −$28M |
| HOOD Robinhood Markets, Inc. | −$28M |
| COIN Coinbase Global, Inc. | −$22M |
| BBY Best Buy Co., Inc. | −$21M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $21.54B | 1867 | +5.14% | +17.59% | -12.46% | -5.20B |
| 2025-12-31 | $33.40B | 1834 | +23.84% | +17.72% | +6.12% | +2.19B |
| 2025-09-30 | $32.94B | 1826 | +42.62% | +17.52% | +25.10% | +14.61B |
| 2025-06-30 | $16.34B | 1805 | +32.48% | +14.94% | +17.54% | +0.80B |
| 2025-03-31 | $12.57B | 1604 | +8.15% | +8.30% | -0.15% | +2.82B |
| 2024-12-31 | $10.35B | 1324 | +21.64% | +24.89% | -3.24% | +1.45B |
| 2024-09-30 | $8.15B | 1157 | +35.31% | +36.04% | -0.73% | +0.41B |
| 2024-06-30 | $7.43B | 1005 | +24.50% | +24.49% | +0.00% | +0.41B |
| 2024-03-31 | $6.96B | 973 | +36.71% | +29.62% | +7.09% | +0.58B |
| 2023-12-31 | $6.01B | 926 | +50.50% | +26.18% | +24.32% | +0.05B |
| 2023-09-30 | $4.91B | 937 | +17.00% | +21.57% | -4.57% | +0.16B |
| 2023-06-30 | $4.95B | 897 | +19.54% | +19.42% | +0.11% | +0.18B |
| 2023-03-31 | $4.31B | 889 | -21.27% | -7.82% | -13.45% | +0.14B |
| 2022-12-31 | $3.57B | 809 | -35.68% | -18.17% | -17.51% | +0.13B |
| 2022-09-30 | $3.64B | 836 | -24.28% | -15.51% | -8.77% | +0.41B |
| 2022-06-30 | $3.30B | 793 | -22.24% | -10.62% | -11.62% | +0.24B |