Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+8.76%
adds when stocks drop
when a holding falls −10%+
Middle response
-17.99%
baseline attrition
Rally response
-96.68%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| XLEState Street Energy Sele | $7M | 8.6% | — | 3.5 yr |
| FLQMFranklin U.S. Mid Cap Mu | $6M | 7.4% | — | 1.8 yr |
| XLBState Street Materials S | $6M | 7.1% | — | 3.3 yr |
| XLVState Street Health Care | $5M | 6.8% | — | 3.8 yr |
| XLPState Street Consumer St | $5M | 6.8% | — | 3.8 yr |
| XLIState Street Industrial | $5M | 6.7% | — | 4.0 yr |
| XLUState Street Utilities S | $5M | 6.7% | — | 3.5 yr |
| XLCState Street Communicati | $5M | 6.6% | — | 2.3 yr |
| XLREState Street Real Estate | $5M | 6.6% | — | 3.8 yr |
| XLKState Street Technology | $5M | 6.6% | — | 5.3 yr |
| VEUVanguard FTSE All-World | $4M | 5.1% | — | 4.5 yr |
| XSOEWisdomTree Emerging Mark | $4M | 4.9% | — | 3.5 yr |
| AMLPAlerian MLP ETF | $2M | 2.5% | — | 1.5 yr |
| DXJWisdomTree Japan Hedged | $1M | 1.6% | — | 0.3 yr |
| RPVInvesco S&P 500 Pure Val | $1M | 1.5% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management92.5%+17.7pp$75M
Asset Management - Bonds5.3%-11.7pp$4M
Asset Management - Leveraged1.5%$1M
Asset Management - Global0.7%-1.5pp$1M
REIT - Office0.0%$0M
Biotechnology0.0%$0M
Country
US100.0%+0.0pp
Top 5: 36.6% · Top 10: 69.8% · Top 25: 97.6%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| GOSS Gossamer Bio, Inc.new | +$0M |
| GUTS Fractyl Health, Inc. Common St | +$0M |
| ASHR Xtrackers Harvest CSI 300 Chinnew | +$0M |
| FLQM Franklin U.S. Mid Cap Multifac | +$0M |
| RSP Invesco S&P 500 Equal Weight E | +$0M |
| IEF iShares 7-10 Year Treasury Bon | +$0M |
| COMT iShares GSCI Commodity Dynamicnew | +$0M |
| EWX State Street SPDR S&P Emerging | +$0M |
| XBI State Street SPDR S&P Biotech | +$0M |
| XLB State Street Materials Select | +$0M |
Top sells this quarter · 15
| DOCS Doximity, Inc.exit | −$0M |
| GRML Greenland Mines Ltd.exit | −$0M |
| AMLP Alerian MLP ETF | −$0M |
| DBND DoubleLine Opportunistic Core | −$0M |
| RPV Invesco S&P 500 Pure Value ETF | −$0M |
| ICLN iShares Global Clean Energy ET | −$1M |
| GVI iShares Intermediate Governmen | −$0M |
| SHV iShares 0â1 Year Treasury Bo | −$0M |
| LVHI Franklin International Low Vol | −$0M |
| XLP State Street Consumer Staples | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $81M | 32 | +21.85% | +17.59% | +4.26% | +0.03B |
| 2025-12-31 | $81M | 36 | +60.92% | +17.72% | +43.20% | -0.05B |
| 2025-09-30 | $151M | 49 | +53.77% | +17.52% | +36.25% | -0.13B |
| 2025-06-30 | $146M | 43 | +5.52% | +10.78% | -5.25% | +0.00B |
| 2025-03-31 | $136M | 59 | -10.10% | -4.27% | -5.83% | +0.02B |
| 2024-12-31 | $130M | 49 | -16.17% | +2.49% | -18.66% | +0.02B |
| 2024-09-30 | $136M | 49 | — | — | — | +0.01B |
| 2024-06-30 | $128M | 47 | — | — | — | -0.01B |
| 2024-03-31 | $135M | 45 | -10.86% | +10.39% | -21.25% | +0.02B |
| 2023-12-31 | $128M | 45 | — | — | — | -0.01B |
| 2023-09-30 | $135M | 36 | -48.30% | +21.57% | -69.87% | +0.00B |
| 2023-06-30 | $141M | 37 | +5.00% | +8.68% | -3.68% | -0.01B |
| 2023-03-31 | $141M | 36 | -48.61% | +7.46% | -56.07% | +0.07B |
| 2022-12-31 | $139M | 42 | +1.88% | +7.56% | -5.68% | +0.04B |
| 2022-09-30 | $95M | 34 | — | — | — | -0.02B |
| 2022-06-30 | $115M | 27 | — | — | — | -0.03B |