Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.07%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.21%
steady accumulation
Rally response
-18.51%
trims into rallies
when a holding rises +10%+
Top positions · 21
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| DISThe Walt Disney Company | $211M | 15.5% | -1.3% | 0.8 yr |
| ATIATI Inc. | $187M | 13.7% | +179.6% | 1.8 yr |
| — | $102M | 7.5% | — | 0.8 yr |
| VSECVSE Corporation | $88M | 6.5% | +54.1% | 0.5 yr |
| — | $88M | 6.5% | — | 1.8 yr |
| — | $72M | 5.3% | — | 1.5 yr |
| COFCapital One Financial Co | $65M | 4.8% | +3.1% | 1.0 yr |
| TTMITTM Technologies, Inc. | $64M | 4.7% | +375.0% | 0.3 yr |
| LYVLive Nation Entertainmen | $63M | 4.7% | +16.8% | 2.3 yr |
| MKSIMKS Inc. | $49M | 3.6% | +188.8% | 0.3 yr |
| GDSGDS Holdings Limited | $46M | 3.4% | +59.1% | 0.3 yr |
| UNPUnion Pacific Corporatio | $45M | 3.3% | +5.1% | 0.5 yr |
| CNMCore & Main, Inc. | $44M | 3.3% | +2.3% | 0.8 yr |
| AERAerCap Holdings N.V. | $43M | 3.2% | +35.6% | 0.8 yr |
| HUT.TOHut 8 Mining Corp. | $41M | 3.0% | +290.2% | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Entertainment22.9%+4.9pp$311M
Unknown20.1%+1.2pp$273M
Manufacturing - Metal Fabrication13.7%-8.9pp$187M
Hardware, Equipment & Parts8.3%$113M
Aerospace & Defense6.5%$88M
Financial - Credit Services4.8%$65M
Information Technology Services3.4%$46M
Railroads3.3%$45M
Industrial - Distribution3.3%$44M
Rental & Leasing Services3.2%-3.4pp$43M
Country
US70.3%-10.1pp
Unknown20.1%+1.2pp
CN3.4%
IE3.2%
CA3.0%+2.4pp
Top 5: 49.7% · Top 10: 72.8% · Top 25: 100.0%
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 13
| DIS The Walt Disney Company | +$112M |
| TTMI TTM Technologies, Inc.new | +$64M |
| MKSI MKS Inc.new | +$49M |
| GDS GDS Holdings Limitednew | +$46M |
| VSEC VSE Corporation | +$42M |
| TLN Talen Energy Corporationnew | +$40M |
| WBD Warner Bros. Discovery, Inc.new | +$37M |
| TDS Telephone and Data Systems, Innew | +$34M |
| HUT.TO Hut 8 Mining Corp. | +$26M |
| CORZ Core Scientific, Inc.new | +$10M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.36B | 21 | +54.22% | +17.59% | +36.63% | +0.30B |
| 2025-12-31 | $962M | 14 | +30.96% | +17.72% | +13.25% | -0.04B |
| 2025-09-30 | $897M | 14 | +20.07% | +17.52% | +2.55% | -0.18B |
| 2025-06-30 | $1.06B | 19 | +28.49% | +14.94% | +13.55% | +0.04B |
| 2025-03-31 | $820M | 19 | -5.44% | +8.30% | -13.74% | +0.00B |
| 2024-12-31 | $873M | 18 | +9.76% | +24.89% | -15.12% | +0.15B |
| 2024-09-30 | $704M | 16 | +24.25% | +36.04% | -11.79% | +0.12B |
| 2024-06-30 | $539M | 12 | +8.81% | +24.49% | -15.69% | -0.08B |
| 2024-03-31 | $685M | 13 | +46.40% | +29.62% | +16.78% | -0.03B |
| 2023-12-31 | $659M | 13 | +53.50% | +26.18% | +27.32% | -0.16B |
| 2023-09-30 | $708M | 12 | +52.00% | +21.57% | +30.43% | +0.12B |
| 2023-06-30 | $620M | 12 | +55.00% | +19.42% | +35.57% | -0.09B |
| 2023-03-31 | $579M | 12 | -0.04% | -7.82% | +7.78% | -0.01B |
| 2022-12-31 | $513M | 13 | +14.37% | +7.56% | +6.81% | -0.02B |
| 2022-09-30 | $462M | 12 | -2.88% | -4.93% | +2.05% | +0.05B |
| 2022-06-30 | $423M | 10 | -21.16% | -16.11% | -5.05% | +0.00B |