Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+2.53%
adds when stocks drop
when a holding falls −10%+
Middle response
+1.14%
steady accumulation
Rally response
+2.50%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $53M | 10.6% | +14.7% | 6.3 yr |
| MSFTMicrosoft Corporation | $43M | 8.6% | -0.6% | 6.3 yr |
| PHYSSprott Physical Gold Tru | $36M | 7.1% | — | 6.3 yr |
| QLTYGMO U.S. Quality ETF | $34M | 6.9% | — | 2.3 yr |
| AMZNAmazon.com, Inc. | $34M | 6.7% | +9.5% | 6.3 yr |
| COSTCostco Wholesale Corpora | $27M | 5.4% | +5.9% | 6.3 yr |
| IWBiShares Russell 1000 ETF | $18M | 3.6% | — | 6.3 yr |
| TSLATesla, Inc. | $16M | 3.1% | +43.4% | 6.3 yr |
| JMSTJPMorgan Ultra-Short Mun | $13M | 2.6% | — | 5.5 yr |
| GOOGLAlphabet Inc. | $9M | 1.7% | — | 6.3 yr |
| NVDANVIDIA Corporation | $8M | 1.5% | +60.9% | 4.8 yr |
| RPGInvesco S&P 500 Pure Gro | $7M | 1.3% | — | 6.3 yr |
| AVUSAvantis U.S. Equity ETF | $6M | 1.3% | — | 4.0 yr |
| VTVVanguard Value ETF | $6M | 1.3% | — | 3.8 yr |
| IQLTiShares MSCI Intl Qualit | $6M | 1.3% | — | 2.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management35.0%+2.5pp$175M
Consumer Electronics10.6%+2.1pp$53M
Software - Infrastructure8.9%-3.4pp$44M
Specialty Retail6.7%-1.6pp$34M
Discount Stores5.7%-1.8pp$28M
Auto - Manufacturers3.3%+0.9pp$16M
Asset Management - Income3.1%+0.6pp$16M
Semiconductors3.0%+0.9pp$15M
Internet Content & Information2.7%+0.3pp$14M
Drug Manufacturers - General1.9%-0.2pp$10M
Country
US87.4%-3.2pp
CA9.8%+3.2pp
IE0.8%-0.1pp
Unknown0.6%+0.6pp
DK0.5%-0.3pp
NL0.3%+0.1pp
TW0.2%+0.1pp
GB0.1%-0.6pp
Top 5: 40.0% · Top 10: 56.4% · Top 25: 70.5%
Top buys this quarter · 15
| TSLA Tesla, Inc. | +$4M |
| BTG B2Gold Corp.new | +$1M |
| NEWP New Pacific Metals Corp.new | +$1M |
| NVO Novo Nordisk A/S | +$2M |
| WRN Western Copper and Gold Corpor | +$1M |
| NVDA NVIDIA Corporation | +$0M |
| PG The Procter & Gamble Company | +$0M |
| RSG Republic Services, Inc. | +$0M |
| B Barrick Mining Corporationnew | +$0M |
| AON Aon plcnew | +$0M |
Top sells this quarter · 15
| SVM Silvercorp Metals Inc. | −$2M |
| SLAB Silicon Laboratories Inc.exit | −$2M |
| EXPE Expedia Group, Inc. | −$1M |
| HL Hecla Mining Company | −$1M |
| FSM Fortuna Mining Corp. | −$1M |
| ORCL Oracle Corporation | −$1M |
| RKT Rocket Companies, Inc. | −$0M |
| ASM Avino Silver & Gold Mines Ltd. | −$0M |
| IP International Paper Companyexit | −$0M |
| AAPL Apple Inc. | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $500M | 198 | +13.65% | +17.59% | -3.94% | +0.03B |
| 2025-12-31 | $506M | 187 | +12.11% | +17.72% | -5.60% | +0.03B |
| 2025-09-30 | $470M | 172 | +14.78% | +17.52% | -2.74% | +0.01B |
| 2025-06-30 | $428M | 163 | +11.49% | +14.94% | -3.45% | +0.01B |
| 2025-03-31 | $377M | 162 | +5.81% | +8.30% | -2.50% | +0.01B |
| 2024-12-31 | $397M | 162 | +25.15% | +24.89% | +0.26% | -0.01B |
| 2024-09-30 | $386M | 160 | +37.59% | +36.04% | +1.55% | +0.01B |
| 2024-06-30 | $362M | 150 | +27.30% | +24.49% | +2.81% | -0.00B |
| 2024-03-31 | $343M | 152 | +36.00% | +29.62% | +6.38% | +0.02B |
| 2023-12-31 | $298M | 131 | +42.88% | +26.18% | +16.70% | +0.02B |
| 2023-09-30 | $245M | 99 | +20.01% | +21.57% | -1.55% | +0.00B |
| 2023-06-30 | $250M | 105 | +21.14% | +19.42% | +1.72% | -0.03B |
| 2023-03-31 | $250M | 106 | -9.94% | -7.82% | -2.12% | -0.00B |
| 2022-12-31 | $221M | 99 | -24.83% | -18.17% | -6.66% | +0.01B |
| 2022-09-30 | $217M | 95 | -13.15% | -15.51% | +2.36% | +0.02B |
| 2022-06-30 | $202M | 79 | -10.40% | -10.62% | +0.22% | +0.00B |