Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.50%
trims when stocks drop
when a holding falls −10%+
Middle response
+2.02%
steady accumulation
Rally response
+0.03%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $64M | 15.7% | +60.9% | 8.5 yr |
| HCCWarrior Met Coal, Inc. | $27M | 6.7% | +96.2% | 6.8 yr |
| GLWCorning Incorporated | $24M | 6.0% | +201.5% | 8.5 yr |
| AERAerCap Holdings N.V. | $20M | 5.0% | +35.6% | 2.3 yr |
| SPHRSphere Entertainment Co. | $20M | 4.9% | +258.8% | 3.0 yr |
| QCOMQUALCOMM Incorporated | $19M | 4.7% | -14.2% | 8.5 yr |
| AMGNAmgen Inc. | $18M | 4.5% | +16.5% | 8.5 yr |
| LLoews Corporation | $18M | 4.4% | +16.4% | 8.5 yr |
| BGCBGC Group, Inc | $18M | 4.4% | +7.7% | 2.8 yr |
| ELYCallaway Golf Company | $16M | 4.0% | — | 1.0 yr |
| BRK-BBerkshire Hathaway Inc. | $14M | 3.6% | — | 8.5 yr |
| WYWeyerhaeuser Company | $14M | 3.5% | -13.6% | 8.5 yr |
| CMPCompass Minerals Interna | $14M | 3.5% | +151.3% | 1.3 yr |
| FPHFive Point Holdings, LLC | $12M | 3.0% | -9.4% | 8.5 yr |
| MTBM&T Bank Corporation | $10M | 2.4% | +19.1% | 8.5 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors20.4%-4.0pp$83M
Coal6.7%+2.4pp$27M
Hardware, Equipment & Parts6.0%+1.3pp$24M
Entertainment5.6%+3.2pp$23M
Drug Manufacturers - General5.5%-0.7pp$22M
Rental & Leasing Services5.0%+1.4pp$20M
Insurance - Property & Casualty4.4%-0.5pp$18M
Financial - Capital Markets4.4%-7.0pp$18M
Leisure4.0%$16M
Insurance - Diversified3.6%-1.2pp$14M
Country
US90.6%+4.8pp
IE7.2%+1.4pp
UY1.3%-0.1pp
CA0.5%+0.1pp
Unknown0.3%+0.2pp
CN0.1%-3.4pp
CH0.1%
Top 5: 38.3% · Top 10: 60.3% · Top 25: 89.7%
Top buys this quarter · 15
| BAX Baxter International Inc.new | +$9M |
| WY Weyerhaeuser Company | +$7M |
| PRGO Perrigo Company plc | +$6M |
| BGC BGC Group, Inc | +$1M |
| UNP Union Pacific Corporation | +$1M |
| AER AerCap Holdings N.V. | +$20M |
| ARCO Arcos Dorados Holdings Inc. | +$1M |
| FPH Five Point Holdings, LLC | +$12M |
| HD The Home Depot, Inc.new | +$1M |
| SEG Seaport Entertainment Group In | +$1M |
Top sells this quarter · 11
| TPH Tri Pointe Homes, Inc.exit | −$20M |
| GLW Corning Incorporated | −$18M |
| BABA Alibaba Group Holding Limited | −$10M |
| AMAT Applied Materials, Inc.exit | −$1M |
| NVDA NVIDIA Corporation | −$0M |
| ABT Abbott Laboratoriesexit | −$0M |
| PM Philip Morris International In | −$0M |
| DIS The Walt Disney Company | −$0M |
| GE GE Aerospace | −$0M |
| AAPL Apple Inc. | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $405M | 76 | +40.03% | +17.59% | +22.44% | -0.00B |
| 2025-12-31 | $385M | 66 | +28.41% | +17.72% | +10.69% | -0.00B |
| 2025-09-30 | $369M | 67 | +19.98% | +17.52% | +2.46% | -0.03B |
| 2025-06-30 | $356M | 68 | +14.48% | +14.94% | -0.46% | +0.01B |
| 2025-03-31 | $305M | 68 | +1.53% | +8.30% | -6.77% | -0.01B |
| 2024-12-31 | $323M | 73 | +12.90% | +24.89% | -11.99% | +0.00B |
| 2024-09-30 | $331M | 72 | +33.12% | +36.04% | -2.92% | +0.01B |
| 2024-06-30 | $299M | 69 | +27.93% | +24.49% | +3.43% | -0.01B |
| 2024-03-31 | $305M | 66 | +34.18% | +29.62% | +4.56% | +0.04B |
| 2023-12-31 | $248M | 45 | +34.83% | +26.18% | +8.66% | -0.01B |
| 2023-09-30 | $220M | 44 | +29.19% | +21.57% | +7.62% | -0.02B |
| 2023-06-30 | $233M | 42 | +17.07% | +19.42% | -2.35% | +0.02B |
| 2023-03-31 | $202M | 40 | -6.61% | -7.82% | +1.20% | +0.02B |
| 2022-12-31 | $168M | 39 | +10.50% | +7.56% | +2.94% | +0.01B |
| 2022-09-30 | $148M | 37 | -6.84% | -4.93% | -1.91% | -0.00B |
| 2022-06-30 | $163M | 36 | -15.93% | -16.11% | +0.18% | -0.01B |