Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+5.45%
adds when stocks drop
when a holding falls −10%+
Middle response
+2.72%
steady accumulation
Rally response
+0.42%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| ITOTiShares Core S&P Total U | $18M | 4.5% | — | 3.0 yr |
| IVViShares Core S&P 500 ETF | $17M | 4.4% | — | 5.5 yr |
| JAVAJPMorgan Active Value ET | $15M | 3.8% | — | 2.5 yr |
| QQQInvesco QQQ Trust, Serie | $14M | 3.4% | — | 5.5 yr |
| DYNFiShares U.S. Equity Fact | $13M | 3.2% | — | 2.3 yr |
| IWFiShares Russell 1000 Gro | $12M | 3.0% | — | 2.5 yr |
| QUALiShares MSCI USA Quality | $10M | 2.6% | — | 5.5 yr |
| — | $10M | 2.5% | — | 0.3 yr |
| XOMExxon Mobil Corporation | $8M | 2.0% | +47.6% | 5.5 yr |
| VIGIVanguard International D | $8M | 2.0% | — | 4.3 yr |
| IEMGiShares Core MSCI Emergi | $8M | 1.9% | — | 3.5 yr |
| FMBFirst Trust Managed Muni | $7M | 1.8% | — | 5.5 yr |
| VOOVanguard S&P 500 ETF | $7M | 1.6% | — | 5.5 yr |
| MTUMiShares MSCI USA Momentu | $6M | 1.6% | — | 5.5 yr |
| TLHiShares 10-20 Year Treas | $6M | 1.6% | — | 2.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management62.4%-3.1pp$249M
Asset Management - Bonds6.0%-1.3pp$24M
Unknown3.9%+3.6pp$16M
Aerospace & Defense2.8%+1.2pp$11M
Oil & Gas Integrated2.2%+0.5pp$9M
Drug Manufacturers - General2.1%+0.9pp$8M
Asset Management - Income1.5%-0.4pp$6M
Gold1.3%+0.4pp$5M
Consumer Electronics1.2%-0.0pp$5M
Tobacco1.1%-0.1pp$4M
Country
US93.5%-3.0pp
Unknown3.9%+3.6pp
ZA1.3%+0.4pp
IL1.0%-0.6pp
GB0.3%-0.4pp
Top 5: 19.3% · Top 10: 31.4% · Top 25: 53.3%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| SBSW | $3M | +0.01B | 175.0% |
| XOM | $5M | +0.00B | 47.6% |
| NOC | $3M | +0.00B | 35.4% |
| DHIL | $3M | +0.00B | 28.6% |
| AAPL | $4M | +0.00B | 14.7% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| MBLY Mobileye Global Inc. | +$1M |
| XOM Exxon Mobil Corporation | +$0M |
| GILD Gilead Sciences, Inc. | +$0M |
| HII Huntington Ingalls Industries, | +$0M |
| CTRA Coterra Energy Inc. | +$0M |
| UNH UnitedHealth Group Incorporate | +$2M |
| FPI Farmland Partners Inc. | +$0M |
| LOVE The Lovesac Company | +$0M |
| PFE Pfizer Inc. | +$0M |
| PM Philip Morris International In | +$0M |
Top sells this quarter · 15
| SBSW Sibanye Stillwater Limited | −$1M |
| AL Air Lease Corporation | −$0M |
| JPM JPMorgan Chase & Co. | −$0M |
| APP AppLovin Corporationexit | −$0M |
| AMZN Amazon.com, Inc. | −$0M |
| PLTR Palantir Technologies Inc. | −$0M |
| HWM Howmet Aerospace Inc. | −$2M |
| NVDA NVIDIA Corporation | −$0M |
| AAPL Apple Inc. | −$0M |
| MSFT Microsoft Corporation | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $398M | 178 | +22.38% | +17.59% | +4.79% | +0.00B |
| 2025-12-31 | $392M | 174 | +20.90% | +17.72% | +3.18% | -0.01B |
| 2025-09-30 | $384M | 172 | +15.13% | +17.52% | -2.39% | +0.00B |
| 2025-06-30 | $355M | 162 | +13.51% | +14.94% | -1.43% | +0.01B |
| 2025-03-31 | $325M | 153 | +5.53% | +8.30% | -2.77% | +0.01B |
| 2024-12-31 | $315M | 149 | +10.66% | +24.89% | -14.23% | +0.01B |
| 2024-09-30 | $308M | 154 | +20.46% | +36.04% | -15.57% | +0.00B |
| 2024-06-30 | $289M | 150 | +11.12% | +24.49% | -13.38% | +0.01B |
| 2024-03-31 | $279M | 145 | +14.15% | +29.62% | -15.47% | +0.02B |
| 2023-12-31 | $246M | 134 | +10.58% | +26.18% | -15.60% | +0.01B |
| 2023-09-30 | $218M | 120 | +12.78% | +21.57% | -8.79% | -0.00B |
| 2023-06-30 | $227M | 116 | +14.10% | +19.42% | -5.33% | +0.02B |
| 2023-03-31 | $198M | 96 | -0.48% | -7.82% | +7.34% | -0.01B |
| 2022-12-31 | $206M | 108 | -6.87% | -18.17% | +11.30% | -0.02B |
| 2022-09-30 | $200M | 109 | -6.58% | -15.51% | +8.93% | +0.01B |
| 2022-06-30 | $197M | 103 | -5.12% | -10.62% | +5.50% | +0.03B |