Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.38%
trims when stocks drop
when a holding falls −10%+
Middle response
-0.83%
baseline attrition
Rally response
+5.66%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| SPDWState Street SPDR Portfo | $35M | 4.5% | — | 5.5 yr |
| NVDANVIDIA Corporation | $35M | 4.5% | +60.9% | 5.5 yr |
| HYBLState Street Blackstone | $34M | 4.4% | — | 1.5 yr |
| SPSBState Street SPDR Portfo | $33M | 4.3% | — | 3.5 yr |
| SPTIState Street SPDR Portfo | $33M | 4.2% | — | 2.0 yr |
| SPIBState Street SPDR Portfo | $33M | 4.2% | — | 2.5 yr |
| VGSHVanguard Short-Term Trea | $32M | 4.1% | — | 1.0 yr |
| SPYGState Street SPDR Portfo | $22M | 2.9% | — | 4.5 yr |
| AVEMAvantis Emerging Markets | $20M | 2.6% | — | 4.3 yr |
| AAPLApple Inc. | $17M | 2.3% | +14.7% | 5.5 yr |
| MSFTMicrosoft Corporation | $15M | 2.0% | -0.6% | 5.5 yr |
| DONWisdomTree U.S. MidCap D | $12M | 1.6% | — | 5.5 yr |
| DFUSDimensional - US Equity | $12M | 1.6% | — | 3.8 yr |
| DFCFDimensional - Core Fixed | $12M | 1.6% | — | 3.5 yr |
| DWXState Street SPDR S&P In | $12M | 1.5% | — | 5.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management43.7%+1.3pp$337M
Asset Management - Bonds9.7%-4.3pp$75M
Semiconductors7.4%+1.8pp$57M
Asset Management - Leveraged4.1%+4.1pp$32M
Internet Content & Information2.4%+0.2pp$19M
Software - Infrastructure2.3%-0.5pp$18M
Consumer Electronics2.3%-0.5pp$17M
Asset Management - Income2.2%+0.3pp$17M
Drug Manufacturers - General2.1%-0.3pp$16M
Banks - Diversified1.8%+0.1pp$14M
Country
US98.9%+0.0pp
IE0.5%+0.2pp
CH0.4%-0.1pp
GB0.2%+0.0pp
Unknown0.0%+0.0pp
TW0.0%+0.0pp
Top 5: 22.0% · Top 10: 38.0% · Top 25: 58.3%
Top buys this quarter · 15
| CVX Chevron Corporation | +$3M |
| RTX RTX Corporation | +$2M |
| ETN Eaton Corporation plc | +$1M |
| AAPL Apple Inc. | +$17M |
| V Visa Inc. | +$1M |
| MCD McDonald's Corporation | +$1M |
| UNP Union Pacific Corporation | +$1M |
| INTU Intuit Inc. | +$2M |
| AMGN Amgen Inc. | +$1M |
| NOW ServiceNow, Inc. | +$1M |
Top sells this quarter · 15
| WSM Williams-Sonoma, Inc.exit | −$2M |
| ADP Automatic Data Processing, Inc | −$2M |
| ISRG Intuitive Surgical, Inc. | −$1M |
| CI Cigna Corporationexit | −$1M |
| XOM Exxon Mobil Corporation | −$5M |
| KLAC KLA Corporation | −$0M |
| GS The Goldman Sachs Group, Inc. | −$0M |
| NVDA NVIDIA Corporation | −$0M |
| LLY Eli Lilly and Company | −$0M |
| META Meta Platforms, Inc. | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $770M | 207 | +21.34% | +17.59% | +3.75% | +0.02B |
| 2025-12-31 | $770M | 842 | +19.68% | +17.72% | +1.96% | +0.03B |
| 2025-09-30 | $724M | 830 | +18.28% | +17.52% | +0.76% | -0.02B |
| 2025-06-30 | $686M | 858 | +15.08% | +14.94% | +0.14% | +0.01B |
| 2025-03-31 | $609M | 811 | +5.83% | +8.30% | -2.47% | +0.02B |
| 2024-12-31 | $610M | 919 | +18.91% | +24.89% | -5.98% | +0.00B |
| 2024-09-30 | $599M | 952 | +30.07% | +36.04% | -5.97% | +0.00B |
| 2024-06-30 | $566M | 832 | +19.39% | +24.49% | -5.10% | -0.00B |
| 2024-03-31 | $555M | 847 | +24.19% | +29.62% | -5.43% | +0.02B |
| 2023-12-31 | $498M | 800 | +20.69% | +26.18% | -5.49% | -0.02B |
| 2023-09-30 | $469M | 1025 | +14.23% | +21.57% | -7.33% | +0.02B |
| 2023-06-30 | $461M | 1031 | +12.24% | +19.42% | -7.19% | +0.09B |
| 2023-03-31 | $349M | 982 | -8.59% | -7.82% | -0.77% | +0.00B |
| 2022-12-31 | $327M | 1245 | -17.21% | -18.17% | +0.97% | +0.01B |
| 2022-09-30 | $303M | 158 | -12.42% | -15.51% | +3.09% | -0.03B |
| 2022-06-30 | $350M | 1215 | -7.44% | -10.62% | +3.18% | +0.03B |