Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+4.51%
adds when stocks drop
when a holding falls −10%+
Middle response
+6.09%
steady accumulation
Rally response
-1.16%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| SPYState Street SPDR S&P 50 | $533M | 37.9% | +17.6% | 5.5 yr |
| IVViShares Core S&P 500 ETF | $88M | 6.3% | — | 5.5 yr |
| VOVanguard Mid-Cap ETF | $88M | 6.2% | — | 5.5 yr |
| IBITiShares Bitcoin Trust ET | $86M | 6.1% | — | 2.3 yr |
| QQQInvesco QQQ Trust, Serie | $82M | 5.9% | — | 5.5 yr |
| IJHiShares Core S&P Mid-Cap | $73M | 5.2% | — | 5.5 yr |
| VEAVanguard FTSE Developed | $63M | 4.5% | — | 5.5 yr |
| FBTCFidelity Wise Origin Bit | $49M | 3.5% | — | 2.3 yr |
| IJRiShares Core S&P Small-C | $43M | 3.0% | — | 5.5 yr |
| GLDSPDR Gold Shares | $31M | 2.2% | — | 5.5 yr |
| SMHVanEck Semiconductor ETF | $26M | 1.9% | — | 3.0 yr |
| VTIVanguard Total Stock Mar | $25M | 1.8% | — | 5.5 yr |
| IEFAiShares Core MSCI EAFE E | $25M | 1.8% | — | 3.5 yr |
| AESIAtlas Energy Solutions I | $24M | 1.7% | -23.5% | 2.3 yr |
| GOOGAlphabet Inc. | $18M | 1.3% | +84.3% | 5.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management86.9%-0.7pp$1.22B
Asset Management - Cryptocurrency4.4%-2.4pp$62M
Internet Content & Information2.6%+1.0pp$36M
Oil & Gas Equipment & Services1.7%+0.7pp$24M
Semiconductors1.3%+0.7pp$18M
Consumer Electronics0.6%+0.0pp$8M
Biotechnology0.5%+0.3pp$8M
Specialty Retail0.5%-0.1pp$7M
Banks - Diversified0.4%-0.0pp$6M
Software - Infrastructure0.4%+0.1pp$5M
Country
US98.7%-0.9pp
GB0.5%+0.3pp
NL0.4%
Unknown0.3%
Top 5: 62.4% · Top 10: 80.8% · Top 25: 96.3%
Top buys this quarter · 15
| NVDA NVIDIA Corporationnew | +$7M |
| OTF Blue Owl Technology Finance Co | +$6M |
| GOOG Alphabet Inc. | +$4M |
| ASML ASML Holding N.V. | +$2M |
| TSLA Tesla, Inc. | +$2M |
| MSFT Microsoft Corporation | +$2M |
| AAPL Apple Inc. | +$1M |
| QQQ Invesco QQQ Trust, Series 1 | +$82M |
| RSP Invesco S&P 500 Equal Weight E | +$0M |
| IVV iShares Core S&P 500 ETF | +$88M |
Top sells this quarter · 1
| SPY State Street SPDR S&P 500 ETF | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.41B | 39 | +19.36% | +17.59% | +1.76% | +0.00B |
| 2025-12-31 | $1.45B | 37 | +16.95% | +17.72% | -0.76% | -0.05B |
| 2025-09-30 | $1.46B | 37 | +17.14% | +17.52% | -0.38% | -0.25B |
| 2025-06-30 | $1.57B | 38 | +13.14% | +14.94% | -1.80% | +0.28B |
| 2025-03-31 | $1.17B | 35 | +6.88% | +8.30% | -1.43% | +0.10B |
| 2024-12-31 | $1.12B | 35 | +23.44% | +24.89% | -1.45% | +0.09B |
| 2024-09-30 | $1.00B | 35 | +34.72% | +36.04% | -1.32% | +0.02B |
| 2024-06-30 | $938M | 34 | +24.14% | +24.49% | -0.35% | +0.05B |
| 2024-03-31 | $855M | 31 | +31.50% | +29.62% | +1.88% | +0.23B |
| 2023-12-31 | $568M | 27 | +32.75% | +26.18% | +6.57% | +0.04B |
| 2023-09-30 | $473M | 26 | +23.15% | +21.57% | +1.58% | +0.03B |
| 2023-06-30 | $453M | 27 | +22.43% | +19.42% | +3.00% | -0.08B |
| 2023-03-31 | $479M | 27 | -8.45% | -7.82% | -0.63% | +0.06B |
| 2022-12-31 | $377M | 26 | -20.99% | -18.17% | -2.81% | +0.04B |
| 2022-09-30 | $323M | 24 | -15.92% | -15.51% | -0.41% | +0.03B |
| 2022-06-30 | $307M | 23 | -12.12% | -10.62% | -1.50% | +0.00B |