Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+4.36%
adds when stocks drop
when a holding falls −10%+
Middle response
+1.91%
steady accumulation
Rally response
-6.58%
trims into rallies
when a holding rises +10%+
Top positions · 10
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| MCFTMasterCraft Boat Holding | $33M | 16.5% | +19.1% | 4.5 yr |
| RMRegional Management Corp | $33M | 16.4% | +10.9% | 4.5 yr |
| HOVHovnanian Enterprises, I | $26M | 13.0% | +5.9% | 2.0 yr |
| VMDViemed Healthcare, Inc. | $26M | 13.0% | +26.5% | 4.3 yr |
| RPAYRepay Holdings Corporati | $24M | 12.0% | -53.3% | 0.5 yr |
| MLKNMillerKnoll, Inc. | $21M | 10.6% | -21.3% | 4.5 yr |
| OPRTOportun Financial Corpor | $15M | 7.7% | -16.0% | 0.8 yr |
| IIIVi3 Verticals, Inc. | $13M | 6.4% | -9.4% | 1.5 yr |
| IMXIInternational Money Expr | $6M | 2.9% | +25.2% | 4.3 yr |
| RUSHARush Enterprises, Inc. | $3M | 1.6% | — | 4.5 yr |
Portfolio composition (YoY)
Industry mix
Financial - Credit Services24.1%+10.7pp$48M
Software - Infrastructure21.3%+2.6pp$43M
Auto - Recreational Vehicles16.5%+2.0pp$33M
Residential Construction13.0%+2.5pp$26M
Medical - Devices13.0%+1.3pp$26M
Furnishings, Fixtures & Appliances10.6%-0.6pp$21M
Auto - Dealerships1.6%-2.6pp$3M
Country
US100.0%+3.1pp
Top 5: 70.8% · Top 10: 100.0% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $201M | 10 | +13.83% | +17.59% | -3.76% | -0.01B |
| 2025-12-31 | $221M | 11 | +3.58% | +17.72% | -14.14% | +0.01B |
| 2025-09-30 | $227M | 11 | +6.60% | +17.52% | -10.91% | -0.02B |
| 2025-06-30 | $205M | 11 | -0.68% | +14.94% | -15.62% | -0.01B |
| 2025-03-31 | $202M | 11 | -15.81% | +8.30% | -24.12% | -0.01B |
| 2024-12-31 | $239M | 13 | +7.49% | +24.89% | -17.40% | -0.01B |
| 2024-09-30 | $254M | 13 | +23.22% | +36.04% | -12.81% | -0.00B |
| 2024-06-30 | $234M | 14 | -2.45% | +24.49% | -26.94% | -0.00B |
| 2024-03-31 | $259M | 12 | +19.97% | +29.62% | -9.65% | -0.01B |
| 2023-12-31 | $245M | 13 | +16.42% | +26.18% | -9.76% | -0.01B |
| 2023-09-30 | $233M | 14 | +28.89% | +21.57% | +7.32% | -0.03B |
| 2023-06-30 | $300M | 13 | +16.14% | +19.42% | -3.29% | -0.00B |
| 2023-03-31 | $271M | 13 | -8.22% | -7.82% | -0.40% | +0.02B |
| 2022-12-31 | $235M | 13 | +22.60% | +7.56% | +15.04% | +0.04B |
| 2022-09-30 | $161M | 12 | -20.97% | -4.93% | -16.04% | -0.00B |
| 2022-06-30 | $209M | 14 | -11.97% | -16.11% | +4.14% | +0.02B |