Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+4.87%
adds when stocks drop
when a holding falls −10%+
Middle response
+4.69%
steady accumulation
Rally response
+6.56%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $401M | 9.9% | +60.9% | 5.3 yr |
| AAPLApple Inc. | $341M | 8.4% | +14.7% | 5.3 yr |
| VTIVanguard Total Stock Mar | $116M | 2.8% | — | 5.3 yr |
| MSFTMicrosoft Corporation | $94M | 2.3% | -0.6% | 5.3 yr |
| AVLVAvantis U.S. Large Cap V | $91M | 2.2% | — | 2.8 yr |
| AMZNAmazon.com, Inc. | $85M | 2.1% | +9.5% | 5.3 yr |
| FBNDFidelity Total Bond ETF | $62M | 1.5% | — | 2.5 yr |
| AVDEAvantis International Eq | $58M | 1.4% | — | 2.8 yr |
| GOOGLAlphabet Inc. | $56M | 1.4% | — | 5.5 yr |
| BINCiShares Flexible Income | $48M | 1.2% | — | 1.8 yr |
| JEPIJPMorgan Equity Premium | $47M | 1.2% | — | 4.5 yr |
| JPMJPMorgan Chase & Co. | $47M | 1.1% | +21.8% | 5.5 yr |
| METAMeta Platforms, Inc. | $47M | 1.1% | -0.4% | 5.5 yr |
| VOEVanguard Mid-Cap Value E | $43M | 1.1% | — | 3.8 yr |
| AVGOBroadcom Inc. | $42M | 1.0% | +86.0% | 5.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management29.3%-0.3pp$1.19B
Semiconductors13.2%+3.8pp$538M
Consumer Electronics8.4%+1.3pp$342M
Asset Management - Bonds5.8%-0.6pp$237M
Internet Content & Information3.3%+0.7pp$134M
Software - Infrastructure3.3%+0.5pp$134M
Asset Management - Income2.6%+0.1pp$104M
Specialty Retail2.5%-0.7pp$103M
Drug Manufacturers - General2.3%+0.1pp$94M
Banks - Diversified2.1%-0.4pp$84M
Country
US96.6%-0.5pp
CA0.9%+0.3pp
GB0.5%+0.4pp
TW0.4%+0.2pp
IE0.4%+0.3pp
Unknown0.3%-0.3pp
UY0.2%-0.1pp
BM0.2%+0.1pp
Top 5: 25.6% · Top 10: 33.2% · Top 25: 48.2%
Top buys this quarter · 15
| MSFT Microsoft Corporation | +$94M |
| AAPL Apple Inc. | +$341M |
| AZN AstraZeneca PLCnew | +$14M |
| FCX Freeport-McMoRan Inc. | +$10M |
| AR Antero Resources Corporation | +$9M |
| XOM Exxon Mobil Corporation | +$7M |
| META Meta Platforms, Inc. | +$47M |
| BTU Peabody Energy Corporationnew | +$5M |
| MU Micron Technology, Inc. | +$5M |
| PLTR Palantir Technologies Inc. | +$4M |
Top sells this quarter · 15
| SCHW The Charles Schwab Corporation | −$9M |
| DELL Dell Technologies Inc. | −$6M |
| MS Morgan Stanley | −$3M |
| ISRG Intuitive Surgical, Inc. | −$3M |
| OWL Blue Owl Capital Inc. | −$2M |
| LMT Lockheed Martin Corporation | −$2M |
| KLAC KLA Corporation | −$10M |
| APO Apollo Global Management, Inc. | −$2M |
| IDXX IDEXX Laboratories, Inc. | −$2M |
| SUN Sunoco LP | −$9M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $4.07B | 1001 | +22.18% | +17.59% | +4.58% | +0.55B |
| 2025-12-31 | $3.66B | 845 | +18.48% | +17.72% | +0.76% | +0.82B |
| 2025-09-30 | $2.72B | 700 | +18.90% | +17.52% | +1.38% | -0.38B |
| 2025-06-30 | $2.86B | 631 | +15.98% | +14.94% | +1.04% | +0.08B |
| 2025-03-31 | $2.48B | 553 | +6.74% | +8.30% | -1.56% | +0.26B |
| 2024-12-31 | $2.38B | 533 | +20.66% | +24.89% | -4.23% | -0.02B |
| 2024-09-30 | $2.29B | 506 | +27.08% | +36.04% | -8.96% | +0.10B |
| 2024-06-30 | $2.07B | 460 | +15.28% | +24.49% | -9.21% | +0.21B |
| 2024-03-31 | $1.81B | 446 | +21.21% | +29.62% | -8.42% | +0.29B |
| 2023-12-31 | $1.44B | 388 | +29.36% | +26.18% | +3.18% | +0.73B |
| 2023-09-30 | $644M | 248 | +22.95% | +21.57% | +1.38% | +0.08B |
| 2023-06-30 | $587M | 240 | +24.35% | +19.42% | +4.92% | +0.07B |
| 2023-03-31 | $473M | 209 | +0.56% | -7.82% | +8.37% | +0.19B |
| 2022-12-31 | $256M | 116 | -14.73% | -18.17% | +3.45% | -0.09B |
| 2022-09-30 | $330M | 173 | -9.70% | -15.51% | +5.81% | +0.02B |
| 2022-06-30 | $318M | 159 | -6.37% | -10.62% | +4.25% | -0.00B |