Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+2.40%
adds when stocks drop
when a holding falls −10%+
Middle response
-0.95%
baseline attrition
Rally response
-3.12%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VOOVanguard S&P 500 ETF | $29M | 9.9% | — | 1.0 yr |
| OZBelpointe PREP, LLC | $13M | 4.3% | -17.5% | 4.5 yr |
| BILState Street SPDR Bloomb | $13M | 4.3% | — | 2.0 yr |
| PYLDPIMCO Multisector Bond A | $12M | 4.0% | — | 2.3 yr |
| GEGE Aerospace | $9M | 3.0% | +42.5% | 2.8 yr |
| MARMarriott International, | $9M | 2.9% | +38.6% | 1.0 yr |
| CSHINeos Enhanced Income Cas | $9M | 2.9% | — | 2.8 yr |
| UYLDAngel Oak Ultrashort Inc | $8M | 2.9% | — | 2.3 yr |
| IEFAiShares Core MSCI EAFE E | $7M | 2.2% | — | 1.3 yr |
| NVDANVIDIA Corporation | $5M | 1.8% | +60.9% | 5.5 yr |
| GOOGLAlphabet Inc. | $5M | 1.7% | — | 3.8 yr |
| HEFAiShares Currency Hedged | $5M | 1.7% | — | 1.0 yr |
| METAMeta Platforms, Inc. | $5M | 1.6% | -0.4% | 4.5 yr |
| CARYAngel Oak Income ETF | $5M | 1.6% | — | 2.3 yr |
| SHMState Street SPDR Nuveen | $4M | 1.5% | — | 1.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management34.9%+12.5pp$103M
Asset Management - Bonds7.9%-0.1pp$23M
Semiconductors5.2%-2.3pp$15M
Aerospace & Defense4.5%+1.6pp$13M
Real Estate - Development4.4%-7.8pp$13M
Internet Content & Information3.8%+0.0pp$11M
Travel Lodging2.9%$9M
Asset Management - Income2.9%-1.1pp$9M
Gold2.6%+2.1pp$8M
Unknown1.5%+1.2pp$5M
Country
US94.8%-2.8pp
Unknown1.5%+1.2pp
CA1.0%+0.6pp
CN0.5%
GB0.5%-0.1pp
IE0.4%+0.0pp
KY0.3%
LU0.3%-0.2pp
Top 5: 25.6% · Top 10: 38.3% · Top 25: 59.1%
Top buys this quarter · 15
| LRCX Lam Research Corporationnew | +$3M |
| NEM Newmont Corporationnew | +$3M |
| MU Micron Technology, Inc. | +$3M |
| CAT Caterpillar Inc. | +$3M |
| SCCO Southern Copper Corporationnew | +$3M |
| JNJ Johnson & Johnson | +$3M |
| CGAU Centerra Gold Inc.new | +$2M |
| MAR Marriott International, Inc. | +$2M |
| SEI Solaris Energy Infrastructure,new | +$1M |
| CIEN Ciena Corporationnew | +$1M |
Top sells this quarter · 15
| NFLX Netflix, Inc. | −$6M |
| PLTR Palantir Technologies Inc.exit | −$4M |
| T AT&T Inc.exit | −$2M |
| UBER Uber Technologies, Inc.exit | −$2M |
| RSI Rush Street Interactive, Inc.exit | −$2M |
| HOOD Robinhood Markets, Inc.exit | −$2M |
| HBM Hudbay Minerals Inc.exit | −$2M |
| GILT Gilat Satellite Networks Ltd.exit | −$1M |
| WLDN Willdan Group, Inc.exit | −$1M |
| FIX Comfort Systems USA, Inc. | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $294M | 155 | +23.18% | +17.59% | +5.59% | +0.00B |
| 2025-12-31 | $300M | 159 | +14.89% | +17.72% | -2.83% | -0.00B |
| 2025-09-30 | $298M | 162 | +22.75% | +17.52% | +5.23% | -0.02B |
| 2025-06-30 | $296M | 175 | +30.16% | +14.94% | +15.22% | +0.14B |
| 2025-03-31 | $130M | 100 | +9.71% | +8.30% | +1.41% | +0.01B |
| 2024-12-31 | $128M | 108 | +23.94% | +24.89% | -0.95% | +0.01B |
| 2024-09-30 | $107M | 105 | +17.65% | +36.04% | -18.39% | -0.00B |
| 2024-06-30 | $96M | 102 | +6.17% | +24.49% | -18.33% | -0.01B |
| 2024-03-31 | $105M | 99 | +2.98% | +29.62% | -26.64% | +0.00B |
| 2023-12-31 | $102M | 89 | -0.77% | +26.18% | -26.94% | +0.01B |
| 2023-09-30 | $92M | 82 | +6.34% | +21.57% | -15.23% | +0.03B |
| 2023-06-30 | $60M | 63 | -2.78% | +19.42% | -22.20% | -0.00B |
| 2023-03-31 | $63M | 71 | -14.55% | -7.82% | -6.73% | -0.03B |
| 2022-12-31 | $95M | 106 | +10.31% | +7.56% | +2.75% | -0.03B |
| 2022-09-30 | $113M | 126 | -7.22% | -4.93% | -2.30% | -0.00B |
| 2022-06-30 | $127M | 146 | -15.28% | -16.11% | +0.83% | -0.02B |