Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+9.83%
adds when stocks drop
when a holding falls −10%+
Middle response
+13.98%
steady accumulation
Rally response
+13.70%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $143M | 4.5% | +60.9% | 2.3 yr |
| AAPLApple Inc. | $136M | 4.2% | +14.7% | 2.5 yr |
| AGGiShares Core U.S. Aggreg | $98M | 3.1% | — | 1.5 yr |
| MSFTMicrosoft Corporation | $88M | 2.8% | -0.6% | 2.5 yr |
| AMZNAmazon.com, Inc. | $68M | 2.1% | +9.5% | 2.5 yr |
| GOOGLAlphabet Inc. | $49M | 1.5% | — | 2.5 yr |
| BNDXVanguard Total Internati | $44M | 1.4% | — | 1.3 yr |
| GOOGAlphabet Inc. | $42M | 1.3% | +84.3% | 2.5 yr |
| AVGOBroadcom Inc. | $40M | 1.3% | +86.0% | 2.5 yr |
| METAMeta Platforms, Inc. | $34M | 1.1% | -0.4% | 2.5 yr |
| VTVVanguard Value ETF | $32M | 1.0% | — | 1.5 yr |
| JPMJPMorgan Chase & Co. | $29M | 0.9% | +21.8% | 2.5 yr |
| TSMTaiwan Semiconductor Man | $29M | 0.9% | +105.6% | 1.8 yr |
| XOMExxon Mobil Corporation | $28M | 0.9% | +47.6% | 2.5 yr |
| TSLATesla, Inc. | $27M | 0.8% | +43.4% | 2.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management13.4%+7.8pp$429M
Semiconductors10.2%+1.7pp$327M
Software - Infrastructure4.6%-1.9pp$146M
Consumer Electronics4.4%-1.5pp$141M
Internet Content & Information4.2%-0.6pp$134M
Drug Manufacturers - General3.6%-1.2pp$114M
Specialty Retail3.3%-1.2pp$105M
Banks - Diversified2.6%-0.4pp$84M
Oil & Gas Integrated2.4%+0.5pp$77M
Software - Application2.2%-0.8pp$70M
Country
US85.6%-4.9pp
GB3.2%+1.1pp
TW1.1%+0.7pp
CA1.0%+0.7pp
NL0.9%+0.5pp
IE0.9%-0.6pp
CN0.8%+0.1pp
CH0.7%+0.1pp
Top 5: 16.7% · Top 10: 23.2% · Top 25: 34.2%
Top buys this quarter · 15
| NVDA NVIDIA Corporation | +$52M |
| AAPL Apple Inc. | +$47M |
| MSFT Microsoft Corporation | +$88M |
| AMZN Amazon.com, Inc. | +$19M |
| AVGO Broadcom Inc. | +$14M |
| GOOG Alphabet Inc. | +$12M |
| META Meta Platforms, Inc. | +$11M |
| TSM Taiwan Semiconductor Manufactu | +$10M |
| COST Costco Wholesale Corporation | +$10M |
| XOM Exxon Mobil Corporation | +$7M |
Top sells this quarter · 15
| PLSE Pulse Biosciences, Inc. | −$3M |
| IBTA Ibotta, Inc.exit | −$2M |
| HDB HDFC Bank Limited | −$2M |
| EXAS Exact Sciences Corporationexit | −$1M |
| KODK Eastman Kodak Companyexit | −$1M |
| EOG EOG Resources, Inc. | −$10M |
| YOU Clear Secure, Inc. | −$1M |
| TOTB.DE TotalEnergies SE | −$3M |
| UBSI United Bankshares, Inc. | −$1M |
| BBSI Barrett Business Services, Incexit | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $3.19B | 1819 | +21.45% | +17.59% | +3.86% | +1.07B |
| 2025-12-31 | $2.16B | 1491 | +17.90% | +17.72% | +0.19% | +1.21B |
| 2025-09-30 | $924M | 1155 | +17.82% | +17.52% | +0.30% | +0.10B |
| 2025-06-30 | $762M | 3414 | +15.68% | +14.94% | +0.74% | +0.25B |
| 2025-03-31 | $462M | 2754 | +7.34% | +8.30% | -0.96% | +0.14B |
| 2024-12-31 | $335M | 1928 | +21.44% | +24.89% | -3.45% | +0.02B |
| 2024-09-30 | $303M | 1035 | +6.31% | +5.75% | +0.56% | +0.07B |
| 2024-06-30 | $219M | 227 | +2.98% | +4.38% | -1.40% | -0.02B |
| 2024-03-31 | $232M | 229 | +7.96% | +10.39% | -2.43% | +0.01B |
| 2023-12-31 | $210M | 219 | — | — | — | — |