Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.67%
adds when stocks drop
when a holding falls −10%+
Middle response
-6.98%
baseline attrition
Rally response
-3.89%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $256M | 8.0% | +14.7% | 6.5 yr |
| NVDANVIDIA Corporation | $156M | 4.9% | +60.9% | 6.5 yr |
| AMZNAmazon.com, Inc. | $111M | 3.5% | +9.5% | 6.5 yr |
| SPYState Street SPDR S&P 50 | $98M | 3.1% | +17.6% | 6.5 yr |
| GOOGLAlphabet Inc. | $94M | 2.9% | — | 6.5 yr |
| QQQInvesco QQQ Trust, Serie | $84M | 2.6% | — | 6.5 yr |
| TSLATesla, Inc. | $70M | 2.2% | +43.4% | 6.5 yr |
| MSFTMicrosoft Corporation | $66M | 2.1% | -0.6% | 6.5 yr |
| IVViShares Core S&P 500 ETF | $63M | 2.0% | — | 6.5 yr |
| METAMeta Platforms, Inc. | $62M | 1.9% | -0.4% | 6.5 yr |
| IUSBiShares Core Universal U | $50M | 1.6% | — | 5.3 yr |
| AMDAdvanced Micro Devices, | $48M | 1.5% | +98.0% | 6.5 yr |
| AMGNAmgen Inc. | $48M | 1.5% | +16.5% | 6.5 yr |
| CSCOCisco Systems, Inc. | $40M | 1.2% | +28.1% | 6.5 yr |
| AVGOBroadcom Inc. | $38M | 1.2% | +86.0% | 6.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management28.8%-0.9pp$918M
Semiconductors13.6%+4.7pp$435M
Consumer Electronics8.0%+0.3pp$256M
Internet Content & Information5.8%+0.6pp$184M
Drug Manufacturers - General3.9%+0.8pp$124M
Specialty Retail3.8%+0.4pp$121M
Asset Management - Bonds3.7%-1.1pp$117M
Software - Infrastructure3.5%-1.3pp$112M
Auto - Manufacturers2.4%+0.5pp$77M
Software - Application1.7%-0.4pp$53M
Country
US96.8%-1.3pp
GB1.0%+0.1pp
CA0.8%+0.6pp
Unknown0.5%+0.3pp
IE0.3%+0.2pp
TW0.1%+0.0pp
CH0.1%+0.1pp
SG0.1%-0.0pp
Top 5: 22.4% · Top 10: 33.2% · Top 25: 50.3%
Top buys this quarter · 15
| AAPL Apple Inc. | +$44M |
| NVDA NVIDIA Corporation | +$31M |
| ISRG Intuitive Surgical, Inc. | +$21M |
| MSFT Microsoft Corporation | +$20M |
| CSCO Cisco Systems, Inc. | +$18M |
| AMZN Amazon.com, Inc. | +$18M |
| TSLA Tesla, Inc. | +$17M |
| GILD Gilead Sciences, Inc. | +$17M |
| SPY State Street SPDR S&P 500 ETF | +$16M |
| AMAT Applied Materials, Inc. | +$13M |
Top sells this quarter · 15
| MU Micron Technology, Inc. | −$20M |
| LRCX Lam Research Corporation | −$15M |
| COP ConocoPhillips | −$10M |
| VRTX Vertex Pharmaceuticals Incorpo | −$10M |
| TFC Truist Financial Corporation | −$8M |
| QCOM QUALCOMM Incorporated | −$7M |
| MRK Merck & Co., Inc. | −$7M |
| TRV The Travelers Companies, Inc. | −$6M |
| INTU Intuit Inc. | −$6M |
| WDC Western Digital Corporation | −$6M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $3.19B | 527 | +27.10% | +17.59% | +9.51% | +0.22B |
| 2025-12-31 | $3.04B | 492 | +22.12% | +17.72% | +4.40% | -0.05B |
| 2025-09-30 | $2.98B | 536 | +21.47% | +17.52% | +3.95% | +0.14B |
| 2025-06-30 | $2.56B | 504 | +16.36% | +14.94% | +1.41% | -0.10B |
| 2025-03-31 | $2.35B | 484 | +7.23% | +8.30% | -1.07% | +0.09B |
| 2024-12-31 | $2.41B | 477 | +22.22% | +24.89% | -2.66% | +0.08B |
| 2024-09-30 | $2.26B | 453 | +35.32% | +36.04% | -0.72% | +0.02B |
| 2024-06-30 | $2.11B | 447 | +23.65% | +24.49% | -0.84% | +0.08B |
| 2024-03-31 | $1.95B | 418 | +29.59% | +29.62% | -0.03% | +0.13B |
| 2023-12-31 | $1.71B | 388 | +37.90% | +26.18% | +11.72% | -0.10B |
| 2023-09-30 | $1.58B | 390 | +22.68% | +21.57% | +1.11% | -0.03B |
| 2023-06-30 | $1.67B | 397 | +20.85% | +19.42% | +1.42% | +0.07B |
| 2023-03-31 | $1.47B | 353 | -10.69% | -7.82% | -2.87% | -0.08B |
| 2022-12-31 | $1.36B | 386 | -25.18% | -18.17% | -7.00% | +0.01B |
| 2022-09-30 | $1.32B | 383 | -18.40% | -15.51% | -2.90% | +0.00B |
| 2022-06-30 | $1.39B | 387 | -13.84% | -10.62% | -3.22% | +0.06B |