Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-4.97%
trims when stocks drop
when a holding falls −10%+
Middle response
-12.26%
baseline attrition
Rally response
-15.09%
trims into rallies
when a holding rises +10%+
Top positions · 12
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| ONONOn Holding AG | $34M | 31.7% | -22.5% | 3.8 yr |
| SMMTSummit Therapeutics Inc. | $25M | 23.2% | -1.7% | 1.0 yr |
| QFINQfin Holdings, Inc. | $13M | 12.5% | -69.9% | 1.3 yr |
| MUMicron Technology, Inc. | $7M | 6.9% | +289.6% | 0.3 yr |
| UUnity Software Inc. | $5M | 5.1% | +12.0% | 0.3 yr |
| AMZNAmazon.com, Inc. | $5M | 4.8% | +9.5% | 3.0 yr |
| KWEBKraneShares CSI China In | $4M | 3.3% | — | 1.5 yr |
| TCOMTrip.com Group Limited | $3M | 3.3% | -21.7% | 0.3 yr |
| TSMTaiwan Semiconductor Man | $3M | 2.8% | +105.6% | 1.8 yr |
| — | $3M | 2.5% | — | 0.3 yr |
| SNPSSynopsys, Inc. | $2M | 2.2% | -7.5% | 0.3 yr |
| HOODRobinhood Markets, Inc. | $2M | 1.7% | +66.5% | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Apparel - Retail31.7%+11.5pp$34M
Biotechnology23.2%$25M
Financial - Credit Services12.5%+3.7pp$13M
Semiconductors9.7%-1.2pp$10M
Software - Application5.1%$5M
Specialty Retail4.8%-2.4pp$5M
Asset Management3.3%-29.3pp$4M
Travel Services3.3%$3M
Unknown2.5%$3M
Software - Infrastructure2.2%$2M
Country
US47.3%-19.0pp
CH31.7%+11.5pp
CN12.5%-1.1pp
SG3.3%
TW2.8%
Unknown2.5%
Top 5: 79.4% · Top 10: 96.1% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $107M | 12 | -1.85% | +17.59% | -19.45% | +0.02B |
| 2025-12-31 | $86M | 5 | -18.18% | +17.72% | -35.90% | -0.10B |
| 2025-09-30 | $210M | 8 | -3.36% | +17.52% | -20.88% | +0.11B |
| 2025-06-30 | $106M | 5 | +14.57% | +14.94% | -0.37% | -0.15B |
| 2025-03-31 | $218M | 11 | -4.68% | +8.30% | -12.99% | -0.01B |
| 2024-12-31 | $268M | 13 | +49.51% | +24.89% | +24.62% | -0.02B |
| 2024-09-30 | $272M | 9 | +55.73% | +36.04% | +19.69% | -0.03B |
| 2024-06-30 | $275M | 10 | +42.82% | +24.49% | +18.33% | +0.04B |
| 2024-03-31 | $238M | 12 | +53.98% | +29.62% | +24.36% | +0.16B |
| 2023-12-31 | $57M | 7 | +59.49% | +26.18% | +33.31% | -0.01B |
| 2023-09-30 | $63M | 9 | +49.84% | +21.57% | +28.27% | -0.04B |
| 2023-06-30 | $101M | 12 | +33.28% | +19.42% | +13.85% | -0.01B |
| 2023-03-31 | $103M | 9 | -0.85% | -7.82% | +6.97% | +0.04B |
| 2022-12-31 | $44M | 6 | +2.35% | +7.56% | -5.22% | -0.04B |
| 2022-09-30 | $81M | 8 | -9.78% | -4.93% | -4.85% | -0.01B |
| 2022-06-30 | $95M | 11 | -22.59% | -16.11% | -6.48% | -0.02B |