Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.92%
adds when stocks drop
when a holding falls −10%+
Middle response
-0.04%
baseline attrition
Rally response
+3.26%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| IVViShares Core S&P 500 ETF | $99M | 17.5% | — | 5.5 yr |
| VTIPVanguard Short-Term Infl | $85M | 15.1% | — | 4.3 yr |
| AVUVAvantis U.S. Small Cap V | $68M | 12.1% | — | 4.3 yr |
| DIHPDimensional - Internatio | $55M | 9.7% | — | 4.0 yr |
| DUHPDimensional - US High Pr | $48M | 8.5% | — | 4.0 yr |
| VTIVanguard Total Stock Mar | $29M | 5.0% | — | 4.5 yr |
| BRK-BBerkshire Hathaway Inc. | $23M | 4.0% | — | 5.5 yr |
| DFISDimensional - Internatio | $22M | 3.8% | — | 0.5 yr |
| AVDVAvantis International Sm | $22M | 3.8% | — | 0.5 yr |
| NYFiShares New York Muni Bo | $17M | 2.9% | — | 1.3 yr |
| AAPLApple Inc. | $14M | 2.4% | +14.7% | 5.5 yr |
| ITOTiShares Core S&P Total U | $11M | 2.0% | — | 5.5 yr |
| XOPState Street SPDR S&P Oi | $11M | 2.0% | — | 3.0 yr |
| GNRState Street SPDR S&P Gl | $10M | 1.8% | — | 3.0 yr |
| DFARDimensional - US Real Es | $10M | 1.8% | — | 4.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management71.6%+3.5pp$405M
Asset Management - Leveraged15.1%-1.9pp$85M
Insurance - Diversified4.0%-2.1pp$23M
Consumer Electronics2.4%-0.3pp$14M
Asset Management - Global1.8%+0.2pp$10M
Internet Content & Information1.5%+0.4pp$9M
Software - Infrastructure0.7%-0.2pp$4M
Unknown0.3%$2M
Specialty Retail0.3%-0.1pp$2M
Drug Manufacturers - General0.2%-0.1pp$1M
Country
US99.4%-0.5pp
Unknown0.3%
SG0.1%
CR0.1%
CA0.1%
IL0.1%+0.0pp
IE0.0%-0.0pp
Top 5: 62.9% · Top 10: 82.5% · Top 25: 96.8%
Top buys this quarter · 15
| NXT Nextpower Inc.new | +$0M |
| WMB The Williams Companies, Inc.new | +$0M |
| ESTA Establishment Labs Holdings In | +$0M |
| NEE NextEra Energy, Inc. | +$0M |
| MDT Medtronic plc | +$0M |
| MSFT Microsoft Corporation | +$4M |
| EPD Enterprise Products Partners L | +$0M |
| PFE Pfizer Inc. | +$0M |
| CSCO Cisco Systems, Inc. | +$0M |
| TSLA Tesla, Inc. | +$1M |
Top sells this quarter · 15
| BMY Bristol-Myers Squibb Companyexit | −$0M |
| AMZN Amazon.com, Inc. | −$0M |
| BAC Bank of America Corporationexit | −$0M |
| ED Consolidated Edison, Inc. | −$0M |
| DRTS Alpha Tau Medical Ltd. | −$0M |
| AAPL Apple Inc. | −$0M |
| HSY The Hershey Company | −$0M |
| SPY State Street SPDR S&P 500 ETF | −$0M |
| DIHP Dimensional - International Hi | −$55M |
| IAU iShares Gold Trust | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $566M | 73 | +20.16% | +17.59% | +2.57% | +0.08B |
| 2025-12-31 | $516M | 72 | +14.95% | +17.72% | -2.77% | -0.01B |
| 2025-09-30 | $501M | 67 | +18.18% | +17.52% | +0.66% | -0.04B |
| 2025-06-30 | $470M | 64 | +9.97% | +14.94% | -4.97% | -0.00B |
| 2025-03-31 | $447M | 55 | +16.14% | +8.30% | +7.83% | +0.05B |
| 2024-12-31 | $437M | 53 | +26.10% | +24.89% | +1.21% | -0.04B |
| 2024-09-30 | $444M | 55 | +29.71% | +36.04% | -6.33% | +0.00B |
| 2024-06-30 | $416M | 52 | +13.62% | +24.49% | -10.87% | +0.04B |
| 2024-03-31 | $342M | 50 | +16.71% | +29.62% | -12.91% | +0.03B |
| 2023-12-31 | $321M | 48 | +42.52% | +26.18% | +16.34% | -0.01B |
| 2023-09-30 | $295M | 41 | +21.77% | +21.57% | +0.21% | +0.02B |
| 2023-06-30 | $296M | 44 | +27.45% | +19.42% | +8.02% | -0.01B |
| 2023-03-31 | $269M | 40 | -8.28% | -7.82% | -0.46% | -0.02B |
| 2022-12-31 | $241M | 38 | -27.29% | -18.17% | -9.11% | +0.08B |
| 2022-09-30 | $174M | 32 | -15.06% | -15.51% | +0.44% | +0.01B |
| 2022-06-30 | $171M | 34 | -12.35% | -10.62% | -1.73% | +0.05B |