Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.97%
trims when stocks drop
when a holding falls −10%+
Middle response
-1.60%
baseline attrition
Rally response
-19.67%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| IBDRiShares iBonds Dec 2026 | $24M | 22.2% | — | 1.5 yr |
| IBDSiShares iBonds Dec 2027 | $24M | 22.1% | — | 1.5 yr |
| PULSPGIM Ultra Short Bond ET | $9M | 8.0% | — | 1.5 yr |
| SPMOInvesco S&P 500 Momentum | $7M | 6.6% | — | 0.5 yr |
| IBHFiShares iBonds 2026 Term | $6M | 5.2% | — | 0.5 yr |
| VXUSVanguard Total Internati | $6M | 5.1% | — | 1.5 yr |
| IWCiShares Micro-Cap ETF | $4M | 3.6% | — | 1.0 yr |
| IEMGiShares Core MSCI Emergi | $4M | 3.5% | — | 0.3 yr |
| BNDVanguard Total Bond Mark | $2M | 2.0% | — | 1.5 yr |
| TSLATesla, Inc. | $2M | 2.0% | +43.4% | 1.5 yr |
| VVVanguard Large-Cap ETF | $2M | 1.8% | — | 1.5 yr |
| NVDANVIDIA Corporation | $2M | 1.8% | +60.9% | 1.5 yr |
| LLYEli Lilly and Company | $1M | 1.2% | +12.2% | 1.5 yr |
| AAPLApple Inc. | $1M | 1.2% | +14.7% | 1.5 yr |
| VBVanguard Small-Cap ETF | $1M | 1.0% | — | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management - Bonds47.3%-8.2pp$51M
Asset Management31.5%-4.5pp$34M
Asset Management - Income5.2%$6M
Semiconductors3.4%+2.0pp$4M
Auto - Manufacturers2.0%+0.4pp$2M
Drug Manufacturers - General1.2%-0.0pp$1M
Consumer Electronics1.2%-0.4pp$1M
Communication Equipment0.9%$1M
Industrial - Machinery0.7%+0.2pp$1M
Computer Hardware0.6%$1M
Country
US99.0%-0.7pp
SG0.3%
PE0.3%
Unknown0.2%
CA0.2%-0.1pp
Top 5: 64.1% · Top 10: 80.3% · Top 25: 92.6%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| NVDA | $1M | +0.00B | 60.9% |
| TSLA | $2M | +0.00B | 43.4% |
| PH | $0M | +0.00B | 48.6% |
| AAPL | $1M | +0.00B | 14.7% |
| AVGO | $0M | +0.00B | 86.0% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| CIEN Ciena Corporationnew | +$0M |
| FIX Comfort Systems USA, Inc.new | +$0M |
| GEV GE Vernova Inc.new | +$0M |
| STX Seagate Technology Holdings plnew | +$0M |
| VRT Vertiv Holdings Conew | +$0M |
| WDC Western Digital Corporationnew | +$0M |
| CW Curtiss-Wright Corporationnew | +$0M |
| TER Teradyne, Inc.new | +$0M |
| BAP Credicorp Ltd.new | +$0M |
| RL Ralph Lauren Corporationnew | +$0M |
Top sells this quarter · 15
| ABBV AbbVie Inc.exit | −$10M |
| CSCO Cisco Systems, Inc.exit | −$10M |
| JNJ Johnson & Johnsonexit | −$8M |
| KMI Kinder Morgan, Inc.exit | −$8M |
| AMAT Applied Materials, Inc. | −$7M |
| DLR Digital Realty Trust, Inc.exit | −$6M |
| RF Regions Financial Corporationexit | −$6M |
| ABT Abbott Laboratoriesexit | −$6M |
| UNM Unum Groupexit | −$5M |
| MET MetLife, Inc.exit | −$5M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $109M | 54 | +42.65% | +17.59% | +25.06% | -0.28B |
| 2025-12-31 | $384M | 143 | +19.94% | +17.72% | +2.23% | +0.24B |
| 2025-09-30 | $146M | 53 | +17.26% | +8.12% | +9.13% | +0.01B |
| 2025-06-30 | $117M | 42 | +18.23% | +10.78% | +7.46% | +0.00B |
| 2025-03-31 | $96M | 30 | -15.40% | -4.27% | -11.13% | -0.00B |
| 2024-12-31 | $114M | 29 | — | — | — | — |