Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-0.53%
trims when stocks drop
when a holding falls −10%+
Middle response
-6.05%
baseline attrition
Rally response
-14.29%
trims into rallies
when a holding rises +10%+
Top positions · 10
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| IACIAC InterActive Corp. | $12M | 16.1% | +6.3% | 5.0 yr |
| DYDycom Industries, Inc. | $12M | 15.6% | +122.4% | 5.5 yr |
| ALGNAlign Technology, Inc. | $11M | 13.9% | +7.9% | 1.0 yr |
| UFPTUFP Technologies, Inc. | $10M | 13.5% | -4.0% | 5.5 yr |
| HEI-AHEICO Corporation | $8M | 11.1% | — | 0.5 yr |
| FIGSFIGS, Inc. | $8M | 10.0% | +221.8% | 3.5 yr |
| NABLN-able, Inc. | $6M | 7.7% | -34.1% | 2.0 yr |
| UHAL-BU-Haul Holding Company | $5M | 7.0% | — | 2.3 yr |
| GLPIGaming and Leisure Prope | $2M | 2.7% | -6.7% | 5.5 yr |
| NOMDNomad Foods Limited | $2M | 2.3% | -48.7% | 5.5 yr |
Portfolio composition (YoY)
Industry mix
Medical - Devices27.4%+19.8pp$21M
Internet Content & Information16.1%-0.6pp$12M
Engineering & Construction15.6%+6.0pp$12M
Aerospace & Defense11.1%$8M
Apparel - Manufacturers10.0%+3.1pp$8M
Information Technology Services7.7%+1.2pp$6M
Rental & Leasing Services7.0%-4.0pp$5M
REIT - Specialty2.7%-11.2pp$2M
Packaged Foods2.3%-12.9pp$2M
Country
US97.7%+12.9pp
GB2.3%-12.9pp
Top 5: 70.2% · Top 10: 100.0% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $76M | 10 | +19.00% | +17.59% | +1.41% | -0.02B |
| 2025-12-31 | $101M | 10 | +15.91% | +17.72% | -1.80% | -0.02B |
| 2025-09-30 | $103M | 10 | -14.93% | +17.52% | -32.45% | -0.01B |
| 2025-06-30 | $113M | 11 | +1.24% | +14.94% | -13.70% | -0.02B |
| 2025-03-31 | $119M | 12 | -11.39% | +8.30% | -19.69% | -0.00B |
| 2024-12-31 | $128M | 12 | -5.95% | +24.89% | -30.83% | -0.00B |
| 2024-09-30 | $151M | 12 | +19.28% | +36.04% | -16.75% | -0.00B |
| 2024-06-30 | $136M | 13 | -14.85% | +24.49% | -39.34% | +0.01B |
| 2024-03-31 | $135M | 11 | +1.03% | +29.62% | -28.59% | -0.00B |
| 2023-12-31 | $139M | 11 | +2.10% | +26.18% | -24.08% | -0.01B |
| 2023-09-30 | $138M | 12 | +1.09% | +21.57% | -20.48% | +0.01B |
| 2023-06-30 | $159M | 11 | +5.41% | +19.42% | -14.02% | +0.00B |
| 2023-03-31 | $139M | 11 | -17.27% | -7.82% | -9.45% | -0.00B |
| 2022-12-31 | $139M | 12 | +6.06% | +7.56% | -1.50% | +0.01B |
| 2022-09-30 | $123M | 10 | -14.64% | -4.93% | -9.71% | -0.03B |
| 2022-06-30 | $179M | 10 | -10.32% | -16.11% | +5.79% | -0.02B |