Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.83%
trims when stocks drop
when a holding falls −10%+
Middle response
-4.63%
baseline attrition
Rally response
-6.50%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| GOOGAlphabet Inc. | $15M | 4.9% | +84.3% | 6.5 yr |
| AAPLApple Inc. | $15M | 4.8% | +14.7% | 6.3 yr |
| AMATApplied Materials, Inc. | $11M | 3.5% | +137.6% | 6.0 yr |
| MSFTMicrosoft Corporation | $10M | 3.4% | -0.6% | 6.5 yr |
| LRCXLam Research Corporation | $10M | 3.3% | +196.1% | 1.5 yr |
| AMZNAmazon.com, Inc. | $10M | 3.2% | +9.5% | 6.3 yr |
| CNQCanadian Natural Resourc | $9M | 2.9% | +66.0% | 6.5 yr |
| SHViShares 0â1 Year Treas | $8M | 2.8% | — | 6.5 yr |
| BRK-BBerkshire Hathaway Inc. | $8M | 2.7% | — | 6.3 yr |
| JPMJPMorgan Chase & Co. | $7M | 2.4% | +21.8% | 6.5 yr |
| VVisa Inc. | $7M | 2.4% | -13.1% | 6.5 yr |
| XOMExxon Mobil Corporation | $7M | 2.3% | +47.6% | 6.5 yr |
| BNBrookfield Corporation | $7M | 2.3% | +16.5% | 3.5 yr |
| SUSuncor Energy Inc. | $7M | 2.2% | +77.6% | 6.5 yr |
| CCJCameco Corporation | $7M | 2.2% | +164.4% | 6.0 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors9.8%+4.1pp$30M
Asset Management9.7%-1.2pp$29M
Banks - Diversified9.4%+0.2pp$28M
Oil & Gas Integrated6.8%+1.6pp$20M
Internet Content & Information5.3%+1.0pp$16M
Consumer Electronics4.8%-0.8pp$15M
Asset Management - Bonds4.8%-0.0pp$15M
Oil & Gas Midstream3.5%+0.4pp$11M
Insurance - Diversified3.5%-0.4pp$10M
Software - Infrastructure3.4%-0.9pp$10M
Country
US74.1%-1.1pp
CA24.5%+3.3pp
Unknown0.7%-1.3pp
CH0.2%-0.0pp
AU0.2%+0.0pp
BM0.2%-0.0pp
IE0.1%-0.0pp
NL0.1%+0.0pp
Top 5: 19.9% · Top 10: 34.1% · Top 25: 64.2%
Top buys this quarter · 15
| NVDA NVIDIA Corporation | +$2M |
| MAA Mid-America Apartment Communit | +$1M |
| JPM JPMorgan Chase & Co. | +$1M |
| ABT Abbott Laboratories | +$1M |
| MSFT Microsoft Corporation | +$10M |
| AIG American International Group, | +$1M |
| BN Brookfield Corporation | +$7M |
| AMD Advanced Micro Devices, Inc. | +$1M |
| MFC Manulife Financial Corporation | +$1M |
| V Visa Inc. | +$7M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $301M | 449 | +47.08% | +17.59% | +29.48% | +0.06B |
| 2025-12-31 | $225M | 432 | +31.26% | +17.72% | +13.55% | -0.08B |
| 2025-09-30 | $279M | 492 | +21.09% | +17.52% | +3.57% | +0.00B |
| 2025-06-30 | $246M | 520 | +12.46% | +14.94% | -2.48% | +0.00B |
| 2025-03-31 | $219M | 511 | +3.86% | +8.30% | -4.44% | -0.01B |
| 2024-12-31 | $231M | 479 | +15.09% | +24.89% | -9.80% | -0.01B |
| 2024-09-30 | $242M | 500 | +26.78% | +36.04% | -9.25% | -0.00B |
| 2024-06-30 | $233M | 527 | +19.71% | +24.49% | -4.78% | +0.00B |
| 2024-03-31 | $226M | 510 | +23.14% | +29.62% | -6.48% | +0.01B |
| 2023-12-31 | $203M | 548 | +20.87% | +26.18% | -5.30% | +0.00B |
| 2023-09-30 | $184M | 538 | +19.28% | +21.57% | -2.29% | +0.01B |
| 2023-06-30 | $177M | 479 | +14.26% | +19.42% | -5.17% | +0.00B |
| 2023-03-31 | $166M | 489 | -7.29% | -7.82% | +0.53% | +0.01B |
| 2022-12-31 | $147M | 465 | -16.05% | -18.17% | +2.13% | -0.00B |
| 2022-09-30 | $138M | 467 | -14.27% | -15.51% | +1.24% | +0.00B |
| 2022-06-30 | $145M | 472 | -8.37% | -10.62% | +2.25% | +0.01B |