Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.18%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.57%
steady accumulation
Rally response
-6.36%
trims into rallies
when a holding rises +10%+
Top positions · 21
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NUNu Holdings Ltd. | $94M | 22.3% | +40.3% | 4.5 yr |
| KVYOKlaviyo, Inc. | $71M | 16.9% | -35.7% | 2.8 yr |
| SGPSpyGlass Pharma, Inc. Co | $65M | 15.4% | — | 0.3 yr |
| BBNXBeta Bionics, Inc. | $37M | 8.8% | -18.1% | 1.3 yr |
| — | $22M | 5.2% | — | 1.5 yr |
| CPNGCoupang, Inc. | $19M | 4.5% | -13.9% | 3.5 yr |
| IOTSamsara Inc. | $18M | 4.2% | -17.3% | 4.5 yr |
| DASHDoorDash, Inc. | $17M | 4.0% | -17.8% | 4.8 yr |
| BIOABioAge Labs, Inc. | $14M | 3.3% | +365.2% | 1.8 yr |
| TXG10x Genomics, Inc. | $10M | 2.4% | +143.2% | 4.0 yr |
| DDOGDatadog, Inc. | $10M | 2.4% | +19.0% | 3.5 yr |
| ABOSAcumen Pharmaceuticals, | $9M | 2.1% | +114.5% | 4.8 yr |
| TOSTToast, Inc. | $8M | 1.9% | -20.1% | 3.5 yr |
| TARSTarsus Pharmaceuticals, | $6M | 1.4% | +36.6% | 4.8 yr |
| TTANServiceTitan, Inc. | $6M | 1.4% | -33.3% | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Biotechnology24.1%+18.4pp$101M
Software - Infrastructure23.0%-8.9pp$97M
Banks - Diversified22.3%+4.4pp$94M
Medical - Equipment & Services8.8%-0.5pp$37M
Software - Application5.7%-1.1pp$24M
Unknown5.2%-0.7pp$22M
Specialty Retail4.5%+0.0pp$19M
Internet Content & Information4.0%-13.1pp$17M
Medical - Healthcare Information Services2.4%+1.4pp$10M
Country
US66.9%-1.8pp
BR22.3%+4.4pp
Unknown5.2%-0.7pp
KR4.5%+0.0pp
IL1.1%-1.9pp
Top 5: 68.6% · Top 10: 87.0% · Top 25: 100.0%
Top buys this quarter · 6
| SGP SpyGlass Pharma, Inc. Common Snew | +$65M |
| IOT Samsara Inc. | +$3M |
| CPNG Coupang, Inc. | +$19M |
| DASH DoorDash, Inc. | +$17M |
| BBNX Beta Bionics, Inc. | +$37M |
| ABOS Acumen Pharmaceuticals, Inc. | +$1M |
Top sells this quarter · 1
| NU Nu Holdings Ltd. | −$5M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $421M | 21 | -1.44% | +17.59% | -19.03% | +0.07B |
| 2025-12-31 | $518M | 20 | +26.66% | +17.72% | +8.94% | +0.00B |
| 2025-09-30 | $456M | 20 | +10.09% | +17.52% | -7.43% | -0.08B |
| 2025-06-30 | $508M | 19 | +25.43% | +14.94% | +10.49% | +0.00B |
| 2025-03-31 | $409M | 20 | -11.01% | +8.30% | -19.31% | +0.01B |
| 2024-12-31 | $460M | 21 | +17.60% | +24.89% | -7.28% | +0.11B |
| 2024-09-30 | $356M | 20 | +42.83% | +36.04% | +6.80% | -0.00B |
| 2024-06-30 | $299M | 20 | +9.85% | +24.49% | -14.65% | -0.06B |
| 2024-03-31 | $415M | 20 | +50.98% | +29.62% | +21.36% | +0.01B |
| 2023-12-31 | $359M | 21 | +59.69% | +26.18% | +33.51% | -0.05B |
| 2023-09-30 | $338M | 23 | +18.24% | +21.57% | -3.33% | +0.03B |
| 2023-06-30 | $338M | 21 | +23.35% | +19.42% | +3.92% | -0.15B |
| 2023-03-31 | $405M | 23 | -31.47% | -7.82% | -23.65% | -0.03B |
| 2022-12-31 | $365M | 24 | -11.22% | +7.56% | -18.78% | +0.06B |
| 2022-09-30 | $344M | 18 | -3.67% | -4.93% | +1.26% | -0.01B |
| 2022-06-30 | $364M | 19 | -33.33% | -16.11% | -17.22% | +0.05B |