Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.00%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.00%
baseline attrition
Rally response
+0.00%
adds into rallies
when a holding rises +10%+
Top positions · 2
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| TTANServiceTitan, Inc. | $109M | 66.7% | -33.3% | 1.5 yr |
| FIGFigma, Inc. | $54M | 33.3% | — | 0.8 yr |
Portfolio composition (YoY)
Industry mix
Software - Application100.0%+0.0pp$163M
Country
US100.0%+0.0pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Top buys this quarter · 0
No buys this quarter
Top sells this quarter · 0
No sells this quarter
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $163M | 2 | -43.51% | +17.59% | -61.11% | +0.00B |
| 2025-12-31 | $278M | 2 | -10.80% | +17.72% | -28.52% | -0.00B |
| 2025-09-30 | $306M | 2 | -5.92% | +8.12% | -14.05% | +0.13B |
| 2025-06-30 | $183M | 1 | +12.69% | +10.78% | +1.91% | -0.00B |
| 2025-03-31 | $163M | 1 | -7.54% | -4.27% | -3.28% | +0.00B |
| 2024-12-31 | $176M | 1 | — | — | — | — |