Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-6.84%
trims when stocks drop
when a holding falls −10%+
Middle response
-0.85%
baseline attrition
Rally response
-1.71%
trims into rallies
when a holding rises +10%+
Top positions · 8
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| TWSTTwist Bioscience Corpora | $39M | 33.1% | +21.0% | 6.5 yr |
| TSLATesla, Inc. | $32M | 27.0% | +43.4% | 6.5 yr |
| — | $16M | 13.1% | — | 2.8 yr |
| MDGLMadrigal Pharmaceuticals | $11M | 9.3% | +58.0% | 5.8 yr |
| HHyatt Hotels Corporation | $10M | 8.5% | +17.9% | 6.5 yr |
| TXG10x Genomics, Inc. | $4M | 3.8% | +143.2% | 0.8 yr |
| MASS908 Devices Inc. | $3M | 2.9% | +36.6% | 5.5 yr |
| WRBYWarby Parker Inc. | $3M | 2.4% | +15.6% | 4.8 yr |
Portfolio composition (YoY)
Industry mix
Medical - Diagnostics & Research33.1%+5.1pp$39M
Auto - Manufacturers27.0%+7.7pp$32M
Unknown13.1%+4.4pp$16M
Biotechnology9.3%-22.9pp$11M
Travel Lodging8.5%+0.9pp$10M
Medical - Healthcare Information Services3.8%$4M
Medical - Devices2.9%+0.7pp$3M
Medical - Instruments & Supplies2.4%+0.3pp$3M
Country
US86.9%-4.4pp
Unknown13.1%+4.4pp
Top 5: 90.9% · Top 10: 100.0% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| MDGL | $37M | +0.02B | 58.0% |
| TSLA | $22M | +0.01B | 43.4% |
| TWST | $33M | +0.01B | 21.0% |
| H | $9M | +0.00B | 17.9% |
| MASS | $3M | +0.00B | 36.6% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 0
No buys this quarter
Top sells this quarter · 0
No sells this quarter
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $119M | 8 | +41.78% | +17.59% | +24.19% | -0.00B |
| 2025-12-31 | $116M | 8 | +16.22% | +17.72% | -1.50% | -0.03B |
| 2025-09-30 | $132M | 10 | +35.76% | +17.52% | +18.24% | -0.03B |
| 2025-06-30 | $136M | 9 | +4.26% | +14.94% | -10.68% | +0.02B |
| 2025-03-31 | $116M | 9 | +16.70% | +8.30% | +8.39% | -0.01B |
| 2024-12-31 | $143M | 10 | +29.68% | +24.89% | +4.80% | +0.00B |
| 2024-09-30 | $110M | 10 | +32.25% | +36.04% | -3.79% | -0.00B |
| 2024-06-30 | $122M | 10 | +37.21% | +24.49% | +12.72% | +0.00B |
| 2024-03-31 | $106M | 10 | +12.35% | +29.62% | -17.28% | +0.00B |
| 2023-12-31 | $109M | 12 | +21.12% | +26.18% | -5.06% | -0.06B |
| 2023-09-30 | $129M | 11 | -15.84% | +21.57% | -37.41% | -0.00B |
| 2023-06-30 | $137M | 14 | -33.96% | +19.42% | -53.39% | +0.02B |
| 2023-03-31 | $126M | 15 | -70.41% | -7.82% | -62.59% | -0.01B |
| 2022-12-31 | $133M | 16 | -10.76% | +7.56% | -18.32% | -0.00B |
| 2022-09-30 | $153M | 17 | -24.26% | -4.93% | -19.33% | +0.04B |
| 2022-06-30 | $144M | 17 | -57.76% | -16.11% | -41.65% | +0.03B |