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 · 3
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| TCRXTScan Therapeutics, Inc. | $1M | 42.4% | -26.8% | 4.8 yr |
| HOWLWerewolf Therapeutics, I | $0M | 33.0% | -14.4% | 5.0 yr |
| VACCVaccitech plc | $0M | 24.6% | — | 5.0 yr |
Portfolio composition (YoY)
Industry mix
Biotechnology100.0%+0.0pp$1M
Country
US75.4%+5.6pp
GB24.6%-5.6pp
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 | $1M | 3 | -21.87% | +17.59% | -39.46% | -0.00B |
| 2025-12-31 | $1M | 3 | -64.01% | +17.72% | -81.72% | +0.00B |
| 2025-09-30 | $3M | 3 | -47.40% | +17.52% | -64.92% | -0.00B |
| 2025-06-30 | $2M | 3 | -69.63% | +14.94% | -84.58% | -0.00B |
| 2025-03-31 | $2M | 3 | -83.65% | +8.30% | -91.95% | +0.00B |
| 2024-12-31 | $4M | 3 | -53.13% | +24.89% | -78.02% | +0.00B |
| 2024-09-30 | $5M | 3 | +52.65% | +36.04% | +16.61% | -0.00B |
| 2024-06-30 | $6M | 3 | +51.94% | +24.49% | +27.44% | +0.00B |
| 2024-03-31 | $10M | 3 | +208.95% | +29.62% | +179.33% | -0.00B |
| 2023-12-31 | $8M | 3 | +172.27% | +26.18% | +146.09% | -0.00B |
| 2023-09-30 | $5M | 3 | -37.24% | +21.57% | -58.80% | +0.00B |
| 2023-06-30 | $5M | 3 | -23.26% | +19.42% | -42.69% | -0.00B |
| 2023-03-31 | $4M | 3 | +30.70% | +7.46% | +23.24% | -0.00B |
| 2022-12-31 | $4M | 3 | -52.29% | +7.56% | -59.85% | +0.00B |
| 2022-09-30 | $7M | 3 | +4.20% | -4.93% | +9.13% | -0.00B |
| 2022-06-30 | $7M | 3 | — | — | — | -0.00B |