Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+10.01%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.85%
steady accumulation
Rally response
-3.96%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| ALCOAlico, Inc. | $8M | 6.9% | +38.7% | 5.5 yr |
| RIGLRigel Pharmaceuticals, I | $6M | 5.3% | +50.3% | 1.8 yr |
| RPRXRoyalty Pharma plc | $6M | 5.0% | +57.7% | 2.0 yr |
| RLGTRadiant Logistics, Inc. | $5M | 3.8% | +14.6% | 5.5 yr |
| INTTinTEST Corporation | $5M | 3.8% | +95.3% | 4.8 yr |
| BGCBGC Group, Inc | $4M | 3.7% | +7.7% | 2.8 yr |
| CHRSCoherus Oncology, Inc. | $4M | 3.0% | +109.4% | 5.5 yr |
| CRLCharles River Laboratori | $3M | 2.5% | +14.6% | 0.3 yr |
| HZOMarineMax, Inc. | $3M | 2.5% | +25.9% | 1.0 yr |
| NMRKNewmark Group, Inc. | $3M | 2.4% | +24.2% | 5.5 yr |
| PKPark Hotels & Resorts In | $3M | 2.2% | +5.7% | 3.3 yr |
| OGNOrganon & Co. | $2M | 2.0% | -59.4% | 4.0 yr |
| VTRSViatris Inc. | $2M | 2.0% | +62.4% | 5.5 yr |
| RBCAARepublic Bancorp, Inc. | $2M | 1.9% | — | 5.5 yr |
| ARKOArko Corp. | $2M | 1.7% | +44.4% | 5.3 yr |
Portfolio composition (YoY)
Industry mix
Biotechnology23.1%-1.9pp$28M
Agricultural Farm Products6.9%+0.2pp$8M
Specialty Retail5.1%+2.9pp$6M
Banks - Regional4.5%-1.8pp$5M
Drug Manufacturers - Specialty & Generic4.4%+0.3pp$5M
Medical - Devices3.9%+0.9pp$5M
Integrated Freight & Logistics3.8%-1.0pp$5M
Semiconductors3.8%-0.3pp$5M
Financial - Capital Markets3.7%+0.9pp$4M
Airlines, Airports & Air Services3.0%$4M
Country
US92.5%+4.0pp
Unknown2.3%+1.0pp
BM1.6%
PA1.4%
IL1.2%
CA0.9%-6.8pp
Top 5: 24.8% · Top 10: 38.9% · Top 25: 64.0%
Top buys this quarter · 15
| CRL Charles River Laboratories Intnew | +$3M |
| RPRX Royalty Pharma plc | +$2M |
| HPQ HP Inc.new | +$2M |
| CPA Copa Holdings, S.A. | +$1M |
| ENOV Enovis Corporationnew | +$1M |
| VCTR Victory Capital Holdings, Inc.new | +$1M |
| IRWD Ironwood Pharmaceuticals, Inc.new | +$1M |
| OGN Organon & Co. | +$1M |
| MSFT Microsoft Corporationnew | +$1M |
| AMZN Amazon.com, Inc.new | +$1M |
Top sells this quarter · 15
| TGB Taseko Mines Limitedexit | −$11M |
| PLPC Preformed Line Products Companexit | −$7M |
| FOLD Amicus Therapeutics, Inc.exit | −$5M |
| CGAU Centerra Gold Inc.exit | −$4M |
| TALO Talos Energy Inc.exit | −$3M |
| LYB LyondellBasell Industries N.V.exit | −$2M |
| CRGY Crescent Energy Companyexit | −$2M |
| KDP Keurig Dr Pepper Inc. | −$2M |
| INTT inTEST Corporation | −$3M |
| WGO Winnebago Industries, Inc. | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $120M | 71 | +26.68% | +17.59% | +9.09% | +0.00B |
| 2025-12-31 | $119M | 62 | +16.22% | +17.72% | -1.50% | -0.01B |
| 2025-09-30 | $120M | 65 | +5.15% | +17.52% | -12.36% | -0.01B |
| 2025-06-30 | $110M | 67 | -2.56% | +14.94% | -17.50% | +0.01B |
| 2025-03-31 | $100M | 54 | -9.24% | +8.30% | -17.54% | -0.00B |
| 2024-12-31 | $112M | 57 | -5.79% | +24.89% | -30.68% | -0.01B |
| 2024-09-30 | $125M | 64 | +1.38% | +36.04% | -34.65% | +0.01B |
| 2024-06-30 | $109M | 63 | -37.00% | +24.49% | -61.49% | -0.00B |
| 2024-03-31 | $119M | 69 | -24.70% | +29.62% | -54.32% | -0.00B |
| 2023-12-31 | $124M | 72 | -24.45% | +26.18% | -50.63% | +0.03B |
| 2023-09-30 | $94M | 65 | -22.75% | +21.57% | -44.32% | +0.02B |
| 2023-06-30 | $103M | 73 | +19.74% | +19.42% | +0.31% | +0.01B |
| 2023-03-31 | $84M | 62 | -15.18% | -7.82% | -7.36% | +0.00B |
| 2022-12-31 | $84M | 72 | +4.64% | +7.56% | -2.92% | -0.01B |
| 2022-09-30 | $90M | 71 | +4.94% | -4.93% | +9.87% | -0.01B |
| 2022-06-30 | $94M | 69 | -19.81% | -16.11% | -3.70% | -0.00B |