Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.19%
adds when stocks drop
when a holding falls −10%+
Middle response
-0.09%
baseline attrition
Rally response
-2.79%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| APOApollo Global Management | $247M | 31.2% | -17.4% | 3.8 yr |
| ARESAres Management Corporat | $160M | 20.2% | -23.1% | 5.3 yr |
| VOOVanguard S&P 500 ETF | $48M | 6.0% | — | 5.3 yr |
| SPYState Street SPDR S&P 50 | $34M | 4.3% | +17.6% | 5.3 yr |
| DFAIDimensional - Internatio | $27M | 3.5% | — | 2.0 yr |
| RWEMRayliant Wilshire NxtGen | $18M | 2.3% | — | 2.0 yr |
| TLGTouchstone Large Company | $16M | 2.0% | — | 0.3 yr |
| TEXTerex Corporation | $13M | 1.7% | +58.6% | 5.3 yr |
| DHLXDiamond Hill Large Cap C | $13M | 1.6% | — | 0.8 yr |
| AAPLApple Inc. | $10M | 1.3% | +14.7% | 5.3 yr |
| GLDSPDR Gold Shares | $10M | 1.2% | — | 0.5 yr |
| DSCODoubleLine Securitized C | $9M | 1.1% | — | 0.3 yr |
| NVDANVIDIA Corporation | $8M | 1.0% | +60.9% | 4.8 yr |
| IVViShares Core S&P 500 ETF | $8M | 1.0% | — | 5.3 yr |
| AMZNAmazon.com, Inc. | $7M | 0.8% | +9.5% | 5.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management79.2%-4.1pp$629M
Internet Content & Information1.9%+0.6pp$15M
Semiconductors1.8%+1.0pp$14M
Agricultural - Machinery1.7%+0.6pp$13M
Consumer Electronics1.3%-0.0pp$10M
Oil & Gas Exploration & Production0.9%+0.1pp$7M
Specialty Retail0.9%+0.2pp$7M
Software - Infrastructure0.9%-0.1pp$7M
Insurance - Diversified0.9%-0.2pp$7M
Industrial - Machinery0.6%+0.1pp$5M
Country
US98.9%-0.6pp
Unknown0.5%+0.5pp
IE0.2%+0.0pp
GB0.1%+0.0pp
TW0.0%
LU0.0%
NL0.0%
CA0.0%-0.1pp
Top 5: 65.1% · Top 10: 74.0% · Top 25: 84.0%
Top buys this quarter · 15
| ARES Ares Management Corporation | +$160M |
| AAPL Apple Inc. | +$2M |
| NVDA NVIDIA Corporation | +$2M |
| MSFT Microsoft Corporation | +$2M |
| AMZN Amazon.com, Inc. | +$7M |
| PLTR Palantir Technologies Inc.new | +$0M |
| TSLA Tesla, Inc. | +$0M |
| MU Micron Technology, Inc.new | +$0M |
| GOOG Alphabet Inc. | +$0M |
| HWKN Hawkins, Inc.new | +$0M |
Top sells this quarter · 15
| BAC Bank of America Corporation | −$3M |
| TJX The TJX Companies, Inc. | −$1M |
| GM General Motors Company | −$1M |
| FCX Freeport-McMoRan Inc. | −$1M |
| APO Apollo Global Management, Inc. | −$1M |
| AMD Advanced Micro Devices, Inc. | −$1M |
| TXN Texas Instruments Incorporated | −$1M |
| COP ConocoPhillips | −$1M |
| AIG American International Group, | −$0M |
| APH Amphenol Corporation | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $794M | 228 | -11.39% | +17.59% | -28.98% | +0.05B |
| 2025-12-31 | $925M | 208 | -5.19% | +17.72% | -22.91% | +0.06B |
| 2025-09-30 | $827M | 157 | +7.77% | +17.52% | -9.75% | +0.01B |
| 2025-06-30 | $853M | 159 | +22.60% | +14.94% | +7.66% | +0.00B |
| 2025-03-31 | $773M | 150 | +32.01% | +8.30% | +23.70% | +0.02B |
| 2024-12-31 | $876M | 142 | +71.01% | +26.30% | +44.72% | -0.06B |
| 2024-09-30 | $782M | 132 | +56.34% | +19.26% | +37.08% | -0.00B |
| 2024-06-30 | $714M | 131 | +67.07% | +22.56% | +44.51% | -0.01B |
| 2023-12-31 | $610M | 141 | +54.09% | +26.18% | +27.91% | +0.01B |
| 2023-09-30 | $546M | 133 | +67.37% | +21.57% | +45.80% | -0.01B |
| 2023-06-30 | $511M | 136 | +53.30% | +19.42% | +33.88% | -0.01B |
| 2023-03-31 | $444M | 133 | -2.33% | -7.82% | +5.48% | -0.01B |
| 2022-12-31 | $412M | 130 | -14.59% | -18.17% | +3.59% | +0.00B |
| 2022-09-30 | $340M | 126 | -21.13% | -15.51% | -5.62% | +0.00B |
| 2022-06-30 | $340M | 129 | -20.58% | -10.62% | -9.96% | +0.12B |
| 2022-03-31 | $295M | 139 | +15.45% | +15.45% | -0.00% | +0.00B |