Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+5.61%
adds when stocks drop
when a holding falls −10%+
Middle response
-1.29%
baseline attrition
Rally response
-2.10%
trims into rallies
when a holding rises +10%+
Top positions · 10
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VACMarriott Vacations World | $269M | 19.5% | +6.3% | 2.3 yr |
| WEXWEX Inc. | $261M | 18.9% | -2.5% | 5.3 yr |
| ABGAsbury Automotive Group, | $210M | 15.2% | -11.5% | 6.5 yr |
| SLMSLM Corporation | $167M | 12.1% | -25.7% | 6.5 yr |
| WMSAdvanced Drainage System | $117M | 8.5% | +26.9% | 1.5 yr |
| LRNStride, Inc. | $98M | 7.1% | -30.3% | 0.3 yr |
| GTLBGitLab Inc. | $85M | 6.1% | -54.0% | 0.3 yr |
| IWMiShares Russell 2000 ETF | $63M | 4.5% | — | 0.8 yr |
| CARTInstacart (Maplebear Inc | $59M | 4.3% | -6.1% | 0.3 yr |
| ICLRICON Public Limited Comp | $50M | 3.6% | -36.8% | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Gambling, Resorts & Casinos19.5%+10.5pp$269M
Software - Infrastructure18.9%+1.6pp$261M
Auto - Dealerships15.2%+1.1pp$210M
Financial - Credit Services12.1%-2.7pp$167M
Construction8.5%$117M
Education & Training Services7.1%$98M
Software - Application6.1%$85M
Asset Management4.5%$63M
Specialty Retail4.3%-6.5pp$59M
Medical - Diagnostics & Research3.6%-4.7pp$50M
Country
US96.4%+4.1pp
IE3.6%
Top 5: 74.3% · Top 10: 100.0% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.38B | 10 | -3.61% | +17.59% | -21.20% | -0.09B |
| 2025-12-31 | $1.57B | 8 | -4.54% | +17.72% | -22.26% | -0.37B |
| 2025-09-30 | $2.08B | 9 | -0.82% | +17.52% | -18.34% | -0.26B |
| 2025-06-30 | $2.22B | 9 | +0.32% | +14.94% | -14.63% | -0.07B |
| 2025-03-31 | $2.19B | 10 | -15.26% | +8.30% | -23.56% | -0.06B |
| 2024-12-31 | $2.44B | 10 | -9.56% | +24.89% | -34.45% | -0.18B |
| 2024-09-30 | $2.69B | 10 | +6.55% | +36.04% | -29.49% | -0.06B |
| 2024-06-30 | $2.57B | 10 | -7.30% | +24.49% | -31.79% | +0.23B |
| 2024-03-31 | $2.65B | 9 | +11.44% | +29.62% | -18.18% | +0.25B |
| 2023-12-31 | $2.44B | 8 | +15.63% | +26.18% | -10.55% | -0.13B |
| 2023-09-30 | $2.24B | 8 | +18.28% | +21.57% | -3.28% | +0.05B |
| 2023-06-30 | $2.36B | 8 | +11.70% | +19.42% | -7.73% | -0.26B |
| 2023-03-31 | $2.46B | 9 | -6.92% | -7.82% | +0.90% | +0.23B |
| 2022-12-31 | $2.18B | 9 | +17.10% | +7.56% | +9.54% | -0.06B |
| 2022-09-30 | $1.92B | 9 | -12.23% | -4.93% | -7.31% | -0.03B |
| 2022-06-30 | $2.21B | 9 | -11.40% | -16.11% | +4.71% | +0.20B |