Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.38%
adds when stocks drop
when a holding falls −10%+
Middle response
-1.61%
baseline attrition
Rally response
-2.12%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| GLDSPDR Gold Shares | $204M | 35.3% | — | 6.5 yr |
| GPGIGPGI, Inc. | $68M | 11.7% | +57.3% | 4.3 yr |
| RHLDResolute Holdings Manage | $51M | 8.8% | +417.9% | 1.3 yr |
| SPYState Street SPDR S&P 50 | $44M | 7.6% | +17.6% | 2.5 yr |
| LINLinde plc | $34M | 5.9% | +7.9% | 3.3 yr |
| — | $17M | 2.9% | — | 2.5 yr |
| IDNIntellicheck, Inc. | $14M | 2.5% | +130.7% | 6.5 yr |
| DUOTDuos Technologies Group, | $11M | 1.9% | +21.6% | 6.3 yr |
| INVEIdentiv, Inc. | $11M | 1.8% | +16.0% | 6.5 yr |
| BXBlackstone Inc. | $10M | 1.8% | -14.9% | 6.5 yr |
| — | $9M | 1.6% | — | 1.3 yr |
| IMMXImmix Biopharma, Inc. | $9M | 1.6% | +442.3% | 2.3 yr |
| SPGIS&P Global Inc. | $9M | 1.5% | -15.6% | 6.5 yr |
| — | $6M | 1.1% | — | 3.0 yr |
| — | $5M | 0.8% | — | 0.8 yr |
Portfolio composition (YoY)
Industry mix
Asset Management45.3%+1.1pp$262M
Manufacturing - Metal Fabrication11.7%+0.3pp$68M
Specialty Business Services8.8%+6.1pp$51M
Unknown8.3%-0.1pp$48M
Chemicals - Specialty5.9%-4.6pp$34M
Biotechnology5.6%+3.6pp$32M
Software - Application5.1%+0.9pp$29M
Computer Hardware1.9%-0.6pp$11M
Financial - Data & Stock Exchanges1.5%-1.2pp$9M
Medical - Devices1.2%+0.8pp$7M
Country
US84.5%+4.5pp
Unknown8.3%-0.1pp
GB5.9%-4.6pp
MX0.5%+0.0pp
AU0.5%
CA0.4%-0.2pp
IL0.0%-0.0pp
Top 5: 69.3% · Top 10: 80.4% · Top 25: 93.3%
Top buys this quarter · 15
| SPY State Street SPDR S&P 500 ETF | +$23M |
| COCH Envoy Medical, Inc.new | +$4M |
| ROC Rank One Computing Corporationnew | +$3M |
| GNLX Genelux Corporation | +$2M |
| CGEM Cullinan Therapeutics, Inc.new | +$1M |
| VENU Venu Holding Corporation | +$1M |
| RNXT RenovoRx, Inc. | +$1M |
| MAIA MAIA Biotechnology, Inc.new | +$1M |
| SHAZ SharonAI Holdings, Inc. Class new | +$1M |
| IPWR Ideal Power Inc. | +$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $579M | 81 | +52.28% | +17.59% | +34.69% | +0.07B |
| 2025-12-31 | $568M | 73 | +57.40% | +17.72% | +39.68% | -0.03B |
| 2025-09-30 | $513M | 72 | +46.14% | +17.52% | +28.62% | +0.01B |
| 2025-06-30 | $407M | 76 | +40.12% | +14.94% | +25.17% | -0.03B |
| 2025-03-31 | $375M | 78 | +6.39% | +8.30% | -1.91% | +0.00B |
| 2024-12-31 | $398M | 74 | +21.07% | +24.89% | -3.82% | -0.01B |
| 2024-09-30 | $372M | 73 | +21.85% | +36.04% | -14.19% | -0.03B |
| 2024-06-30 | $336M | 75 | -4.50% | +24.49% | -29.00% | -0.01B |
| 2024-03-31 | $392M | 79 | +19.09% | +29.62% | -10.53% | -0.08B |
| 2023-12-31 | $440M | 76 | +19.55% | +26.18% | -6.63% | +0.00B |
| 2023-09-30 | $398M | 73 | -9.43% | +21.57% | -31.00% | -0.06B |
| 2023-06-30 | $486M | 82 | -16.98% | +19.42% | -36.40% | -0.03B |
| 2023-03-31 | $468M | 79 | -50.08% | -7.82% | -42.26% | -0.02B |
| 2022-12-31 | $460M | 86 | -16.85% | +7.56% | -24.41% | +0.06B |
| 2022-09-30 | $479M | 92 | -14.56% | -4.93% | -9.63% | +0.07B |
| 2022-06-30 | $484M | 96 | -34.07% | -16.11% | -17.96% | +0.11B |