Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.91%
adds when stocks drop
when a holding falls −10%+
Middle response
-1.49%
baseline attrition
Rally response
-1.36%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| CCitigroup Inc. | $96M | 6.3% | +63.9% | 4.5 yr |
| MUMicron Technology, Inc. | $91M | 6.0% | +289.6% | 3.5 yr |
| VOOVanguard S&P 500 ETF | $67M | 4.4% | — | 6.3 yr |
| AAPLApple Inc. | $55M | 3.6% | +14.7% | 6.0 yr |
| GEGE Aerospace | $53M | 3.5% | +42.5% | 4.8 yr |
| OMFOneMain Holdings, Inc. | $50M | 3.3% | +18.1% | 2.8 yr |
| NVDANVIDIA Corporation | $48M | 3.2% | +60.9% | 6.3 yr |
| IVViShares Core S&P 500 ETF | $46M | 3.0% | — | 6.5 yr |
| MSMorgan Stanley | $34M | 2.2% | +44.8% | 5.3 yr |
| FLGFlagstar Financial, Inc. | $28M | 1.8% | +13.7% | 1.8 yr |
| SCHGSchwab U.S. Large-Cap Gr | $28M | 1.8% | — | 4.5 yr |
| WFCWells Fargo & Company | $25M | 1.6% | +13.3% | 3.8 yr |
| BACBank of America Corporat | $25M | 1.6% | +19.4% | 6.0 yr |
| GOOGLAlphabet Inc. | $23M | 1.5% | — | 6.5 yr |
| PNCThe PNC Financial Servic | $21M | 1.4% | +22.7% | 6.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management28.1%+4.2pp$429M
Semiconductors11.8%+4.1pp$180M
Banks - Diversified10.1%-1.3pp$154M
Financial - Credit Services4.6%-2.4pp$70M
Aerospace & Defense4.5%-1.5pp$68M
Banks - Regional3.7%-1.2pp$56M
Consumer Electronics3.6%-0.3pp$55M
Internet Content & Information3.2%+0.3pp$49M
Financial - Capital Markets2.7%+0.1pp$42M
Software - Infrastructure2.3%-0.7pp$36M
Country
US97.6%-0.5pp
CA0.8%+0.4pp
BR0.3%+0.1pp
IE0.3%+0.1pp
GB0.2%-0.1pp
TW0.1%+0.1pp
CH0.1%-0.0pp
NL0.1%-0.0pp
Top 5: 23.7% · Top 10: 37.2% · Top 25: 56.5%
Top buys this quarter · 15
| AAPL Apple Inc. | +$13M |
| GOOG Alphabet Inc. | +$2M |
| SBUX Starbucks Corporation | +$1M |
| TPL Texas Pacific Land Corporation | +$1M |
| CPRT Copart, Inc. | +$1M |
| MPWR Monolithic Power Systems, Inc. | +$1M |
| V Visa Inc. | +$1M |
| FAST Fastenal Company | +$1M |
| ZTS Zoetis Inc. | +$1M |
| CTAS Cintas Corporation | +$1M |
Top sells this quarter · 15
| NVDA NVIDIA Corporation | −$118M |
| OMF OneMain Holdings, Inc. | −$53M |
| NOC Northrop Grumman Corporation | −$14M |
| BABA Alibaba Group Holding Limited | −$14M |
| MPC Marathon Petroleum Corporation | −$6M |
| EPD Enterprise Products Partners L | −$5M |
| COST Costco Wholesale Corporation | −$3M |
| SPY State Street SPDR S&P 500 ETF | −$1M |
| SLDE Slide Insurance Holdings, Inc.exit | −$1M |
| TT Trane Technologies plc | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.52B | 656 | +32.84% | +17.59% | +15.25% | +0.03B |
| 2025-12-31 | $1.52B | 578 | +32.55% | +17.72% | +14.83% | +0.02B |
| 2025-09-30 | $1.39B | 546 | +29.30% | +17.52% | +11.78% | +0.21B |
| 2025-06-30 | $1.06B | 422 | +22.33% | +14.94% | +7.39% | -0.02B |
| 2025-03-31 | $953M | 405 | +12.30% | +8.30% | +3.99% | +0.05B |
| 2024-12-31 | $921M | 383 | +29.82% | +24.89% | +4.93% | -0.05B |
| 2024-09-30 | $925M | 358 | +37.23% | +36.04% | +1.20% | -0.39B |
| 2024-06-30 | $1.25B | 356 | +28.13% | +24.49% | +3.64% | +0.08B |
| 2024-03-31 | $1.13B | 327 | +30.84% | +29.62% | +1.22% | +0.02B |
| 2023-12-31 | $978M | 345 | +25.04% | +26.18% | -1.14% | +0.05B |
| 2023-09-30 | $843M | 263 | +20.52% | +21.57% | -1.04% | -0.02B |
| 2023-06-30 | $879M | 265 | +17.75% | +19.42% | -1.68% | +0.16B |
| 2023-03-31 | $676M | 222 | -11.33% | -7.82% | -3.51% | -0.01B |
| 2022-12-31 | $631M | 215 | -22.11% | -18.17% | -3.94% | +0.17B |
| 2022-09-30 | $431M | 198 | -18.91% | -15.51% | -3.40% | +0.06B |
| 2022-06-30 | $383M | 217 | -14.64% | -10.62% | -4.02% | +0.01B |