Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-7.36%
trims when stocks drop
when a holding falls −10%+
Middle response
-7.31%
baseline attrition
Rally response
-5.35%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| SPYINeos S&P 500(R) High Inc | $26M | 8.0% | — | 1.3 yr |
| QQQINEOS Nasdaq-100 High Inc | $21M | 6.4% | — | 1.3 yr |
| NVDANVIDIA Corporation | $15M | 4.4% | +60.9% | 6.3 yr |
| CSHINeos Enhanced Income Cas | $13M | 3.9% | — | 1.0 yr |
| IWMINEOS Russell 2000 High I | $12M | 3.8% | — | 1.3 yr |
| AMZNAmazon.com, Inc. | $12M | 3.7% | +9.5% | 6.3 yr |
| BTCINEOS Bitcoin High Income | $10M | 3.1% | — | 1.3 yr |
| SCHDSchwab U.S. Dividend Equ | $9M | 2.8% | — | 6.3 yr |
| LLYEli Lilly and Company | $9M | 2.8% | +12.2% | 3.5 yr |
| MLPIMLP & Energy Infrastruct | $9M | 2.7% | — | 0.5 yr |
| AAPLApple Inc. | $9M | 2.7% | +14.7% | 6.3 yr |
| ENBEnbridge Inc. | $8M | 2.4% | +29.3% | 6.3 yr |
| SCHGSchwab U.S. Large-Cap Gr | $7M | 2.2% | — | 6.3 yr |
| CVXChevron Corporation | $7M | 2.1% | +29.2% | 6.3 yr |
| JEPQJPMorgan Nasdaq Equity P | $6M | 1.9% | — | 3.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management32.5%+14.5pp$108M
Asset Management - Income13.9%-2.2pp$46M
Semiconductors6.8%+1.9pp$23M
Software - Infrastructure5.1%+1.4pp$17M
Drug Manufacturers - General4.9%-1.3pp$16M
Asset Management - Cryptocurrency4.2%+1.1pp$14M
Specialty Retail3.7%-0.6pp$12M
Oil & Gas Integrated3.3%+0.0pp$11M
Oil & Gas Midstream3.0%-2.7pp$10M
Aerospace & Defense2.8%+1.2pp$9M
Country
US95.7%+1.9pp
CA2.4%-0.3pp
GB1.1%-1.0pp
NL0.7%+0.1pp
Top 5: 26.4% · Top 10: 41.5% · Top 25: 68.4%
Top buys this quarter · 15
| AVAV AeroVironment, Inc. | +$3M |
| ISRG Intuitive Surgical, Inc. | +$2M |
| MSFT Microsoft Corporation | +$2M |
| LITE Lumentum Holdings Inc. | +$2M |
| CRWD CrowdStrike Holdings, Inc.new | +$1M |
| PLTR Palantir Technologies Inc. | +$1M |
| TSLA Tesla, Inc. | +$1M |
| PANW Palo Alto Networks, Inc. | +$1M |
| ALSN Allison Transmission Holdings, | +$1M |
| MO Altria Group, Inc. | +$1M |
Top sells this quarter · 15
| MP MP Materials Corp. | −$7M |
| DELL Dell Technologies Inc. | −$1M |
| EIX Edison International | −$1M |
| CQP Cheniere Energy Partners, L.P.exit | −$1M |
| BTI British American Tobacco p.l.c | −$1M |
| SPY State Street SPDR S&P 500 ETF exit | −$0M |
| PNW Pinnacle West Capital Corporat | −$0M |
| PM Philip Morris International In | −$0M |
| MPLX MPLX Lpexit | −$0M |
| CSCO Cisco Systems, Inc.exit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $333M | 113 | +15.61% | +17.59% | -1.98% | -0.00B |
| 2025-12-31 | $328M | 115 | +11.26% | +17.72% | -6.46% | +0.01B |
| 2025-09-30 | $327M | 112 | +23.06% | +17.52% | +5.54% | +0.01B |
| 2025-06-30 | $298M | 107 | +23.34% | +14.94% | +8.40% | +0.01B |
| 2025-03-31 | $258M | 116 | +12.36% | +8.30% | +4.06% | +0.01B |
| 2024-12-31 | $250M | 110 | +25.30% | +24.89% | +0.41% | +0.00B |
| 2024-09-30 | $232M | 106 | +27.29% | +36.04% | -8.75% | -0.01B |
| 2024-06-30 | $226M | 103 | +15.94% | +24.49% | -8.55% | +0.00B |
| 2024-03-31 | $217M | 96 | +21.74% | +29.62% | -7.88% | +0.01B |
| 2023-12-31 | $189M | 93 | +18.95% | +26.18% | -7.23% | -0.00B |
| 2023-09-30 | $177M | 85 | +11.30% | +21.57% | -10.26% | -0.01B |
| 2023-06-30 | $195M | 87 | +9.88% | +19.42% | -9.54% | -0.01B |
| 2023-03-31 | $189M | 89 | -13.20% | -7.82% | -5.38% | -0.01B |
| 2022-12-31 | $190M | 395 | -20.31% | -18.17% | -2.13% | +0.02B |
| 2022-09-30 | $166M | 97 | -12.88% | -15.51% | +2.63% | -0.01B |
| 2022-06-30 | $182M | 99 | -7.37% | -10.62% | +3.25% | -0.01B |