Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+2.98%
adds when stocks drop
when a holding falls −10%+
Middle response
-0.33%
baseline attrition
Rally response
-2.67%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $9M | 3.7% | +60.9% | 4.5 yr |
| AAPLApple Inc. | $9M | 3.6% | +14.7% | 4.5 yr |
| QQQInvesco QQQ Trust, Serie | $7M | 2.8% | — | 4.5 yr |
| ZVRAZevra Therapeutics, Inc. | $6M | 2.5% | +24.4% | 4.5 yr |
| GOOGLAlphabet Inc. | $5M | 2.2% | — | 4.5 yr |
| AVGOBroadcom Inc. | $5M | 1.9% | +86.0% | 4.5 yr |
| GOOGAlphabet Inc. | $5M | 1.8% | +84.3% | 4.5 yr |
| ABBVAbbVie Inc. | $4M | 1.8% | +7.3% | 4.5 yr |
| AMZNAmazon.com, Inc. | $4M | 1.8% | +9.5% | 4.5 yr |
| METAMeta Platforms, Inc. | $4M | 1.7% | -0.4% | 4.5 yr |
| BAThe Boeing Company | $4M | 1.7% | +16.7% | 4.5 yr |
| MSFTMicrosoft Corporation | $4M | 1.5% | -0.6% | 4.5 yr |
| BXBlackstone Inc. | $3M | 1.4% | -14.9% | 4.5 yr |
| ETNEaton Corporation plc | $3M | 1.4% | +33.2% | 4.5 yr |
| EIPIFT Energy Income Partner | $3M | 1.3% | — | 2.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management25.6%+2.6pp$63M
Semiconductors8.0%+3.3pp$20M
Internet Content & Information5.8%+2.3pp$14M
Drug Manufacturers - General5.6%+0.9pp$14M
Aerospace & Defense3.8%-0.5pp$9M
Consumer Electronics3.6%+0.8pp$9M
Specialty Retail2.7%+0.4pp$7M
Biotechnology2.7%+0.5pp$7M
Banks - Diversified2.5%+0.5pp$6M
Oil & Gas Integrated2.3%+0.4pp$6M
Country
US94.5%-0.3pp
IE1.5%+0.2pp
GB1.0%+0.2pp
CN0.7%-0.1pp
IL0.5%+0.3pp
CA0.5%-0.2pp
BR0.4%+0.2pp
DK0.2%-0.1pp
Top 5: 14.8% · Top 10: 23.8% · Top 25: 41.2%
Top buys this quarter · 15
| META Meta Platforms, Inc. | +$4M |
| AAPL Apple Inc. | +$9M |
| RYN Rayonier Inc. | +$0M |
| TPG TPG Inc.new | +$0M |
| WIX Wix.com Ltd. | +$0M |
| MA Mastercard Incorporated | +$0M |
| ZTS Zoetis Inc. | +$0M |
| RGTI Rigetti Computing, Inc.new | +$0M |
| BX Blackstone Inc. | +$3M |
| IOT Samsara Inc. | +$0M |
Top sells this quarter · 15
| NVS Novartis AG | −$1M |
| UNH UnitedHealth Group Incorporate | −$1M |
| LRN Stride, Inc.exit | −$0M |
| BA The Boeing Company | −$0M |
| BABA Alibaba Group Holding Limited | −$0M |
| MGM MGM Resorts Internationalexit | −$0M |
| UAL United Airlines Holdings, Inc.exit | −$0M |
| LOW Lowe's Companies, Inc.exit | −$0M |
| MAA Mid-America Apartment Communitexit | −$0M |
| SNOW Snowflake Inc.exit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $246M | 248 | +19.27% | +17.59% | +1.68% | -0.00B |
| 2025-12-31 | $249M | 245 | +18.26% | +17.72% | +0.54% | -0.00B |
| 2025-09-30 | $249M | 246 | +17.16% | +17.52% | -0.35% | +0.00B |
| 2025-06-30 | $225M | 233 | +15.47% | +14.94% | +0.53% | -0.07B |
| 2025-03-31 | $273M | 316 | +8.00% | +8.30% | -0.31% | +0.07B |
| 2024-12-31 | $206M | 230 | +18.75% | +24.89% | -6.14% | +0.00B |
| 2024-09-30 | $201M | 230 | +31.95% | +36.04% | -4.08% | +0.00B |
| 2024-06-30 | $184M | 213 | +18.64% | +24.49% | -5.85% | -0.00B |
| 2024-03-31 | $182M | 221 | +22.99% | +29.62% | -6.64% | -0.06B |
| 2023-12-31 | $222M | 232 | +20.90% | +26.18% | -5.28% | +0.02B |
| 2023-09-30 | $180M | 204 | +17.42% | +21.57% | -4.15% | +0.01B |
| 2023-06-30 | $173M | 225 | +14.82% | +19.42% | -4.61% | +0.00B |
| 2023-03-31 | $164M | 220 | -4.45% | -7.82% | +3.37% | +0.00B |
| 2022-12-31 | $153M | 215 | -12.03% | -18.17% | +6.14% | +0.00B |
| 2022-09-30 | $138M | 208 | -5.27% | -4.93% | -0.34% | -0.00B |
| 2022-06-30 | $147M | 214 | -13.04% | -16.11% | +3.07% | -0.01B |