Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+9.86%
adds when stocks drop
when a holding falls −10%+
Middle response
-2.13%
baseline attrition
Rally response
-5.13%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NATLNCR Atleos Corporation | $5M | 4.7% | +65.2% | 2.0 yr |
| OZKBank OZK | $4M | 4.3% | +9.8% | 2.0 yr |
| EEFTEuronet Worldwide, Inc. | $3M | 3.4% | -37.9% | 2.0 yr |
| AXSAXIS Capital Holdings Li | $3M | 3.3% | +2.5% | 2.0 yr |
| NGVTIngevity Corporation | $3M | 2.6% | +79.9% | 2.0 yr |
| NCRNCR Corporation | $3M | 2.6% | — | 1.8 yr |
| CARSCars.com Inc. | $2M | 2.5% | -28.0% | 1.8 yr |
| BWBBridgewater Bancshares, | $2M | 2.4% | +27.4% | 2.0 yr |
| DFINDonnelley Financial Solu | $2M | 2.3% | +7.8% | 0.5 yr |
| ENOVEnovis Corporation | $2M | 2.3% | -40.5% | 0.3 yr |
| HOMBHome Bancshares, Inc. | $2M | 2.3% | -2.0% | 2.0 yr |
| CNMDCONMED Corporation | $2M | 2.3% | -41.0% | 0.8 yr |
| CNRCore Natural Resources, | $2M | 2.2% | +36.6% | 1.3 yr |
| KOPKoppers Holdings Inc. | $2M | 2.2% | +39.6% | 2.0 yr |
| LEGHLegacy Housing Corporati | $2M | 2.2% | -19.0% | 2.0 yr |
Portfolio composition (YoY)
Industry mix
Banks - Regional10.4%-1.7pp$10M
Software - Application7.5%+2.9pp$7M
Software - Infrastructure5.8%-2.9pp$6M
Medical - Devices5.6%+3.1pp$6M
Internet Content & Information5.3%-0.9pp$5M
Chemicals - Specialty4.8%+1.1pp$5M
Construction4.5%+2.5pp$4M
Auto - Parts4.4%+0.7pp$4M
Information Technology Services4.3%+0.1pp$4M
Drug Manufacturers - Specialty & Generic3.7%-0.2pp$4M
Country
US93.8%+1.2pp
BM3.3%-2.6pp
Unknown1.8%
IL1.0%-0.4pp
Top 5: 18.3% · Top 10: 30.5% · Top 25: 61.1%
Top buys this quarter · 10
| ENOV Enovis Corporationnew | +$2M |
| TFX Teleflex Incorporatednew | +$1M |
| SMPL The Simply Good Foods Company | +$1M |
| NRIM Northrim BanCorp, Inc. | +$0M |
| EXTR Extreme Networks, Inc. | +$0M |
| JBI Janus International Group, Inc | +$1M |
| LNTH Lantheus Holdings, Inc. | +$0M |
| IWN iShares Russell 2000 Value ETFnew | +$0M |
| NCR NCR Corporation | +$3M |
| — new | +$0M |
Top sells this quarter · 15
| AL Air Lease Corporation | −$3M |
| NATL NCR Atleos Corporation | −$3M |
| PNFP Pinnacle Financial Partners, Iexit | −$2M |
| IMXI International Money Express, I | −$2M |
| PHIN PHINIA Inc. | −$2M |
| WTTR Select Water Solutions, Inc. | −$2M |
| NGVT Ingevity Corporation | −$2M |
| OZK Bank OZK | −$2M |
| AXS AXIS Capital Holdings Limited | −$1M |
| EEFT Euronet Worldwide, Inc. | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $98M | 56 | +3.06% | +17.59% | -14.53% | -0.04B |
| 2025-12-31 | $142M | 57 | -2.17% | +17.72% | -19.89% | +0.00B |
| 2025-09-30 | $144M | 57 | -0.02% | +17.52% | -17.54% | +0.04B |
| 2025-06-30 | $97M | 54 | -3.16% | +14.94% | -18.10% | -0.01B |
| 2025-03-31 | $101M | 54 | -9.41% | -4.27% | -5.14% | -0.00B |
| 2024-12-31 | $112M | 57 | -1.61% | +2.49% | -4.10% | +0.02B |
| 2024-09-30 | $94M | 54 | +5.95% | +5.75% | +0.20% | -0.01B |
| 2024-06-30 | $94M | 55 | — | — | — | — |