Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+16.51%
adds when stocks drop
when a holding falls −10%+
Middle response
+1.68%
steady accumulation
Rally response
-10.05%
trims into rallies
when a holding rises +10%+
Top positions · 5
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| RIORio Tinto Group | $97M | 75.1% | +63.4% | 3.0 yr |
| BBarrick Mining Corporati | $21M | 16.6% | +114.9% | 0.5 yr |
| CCOICogent Communications Ho | $6M | 4.9% | -67.6% | 0.8 yr |
| ROPRoper Technologies, Inc. | $3M | 2.2% | -39.7% | 0.3 yr |
| OWLBlue Owl Capital Inc. | $2M | 1.2% | -51.8% | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Industrial Materials75.1%-10.7pp$97M
Gold16.6%$21M
Telecommunications Services4.9%$6M
Software - Application2.2%$3M
Asset Management1.2%-5.2pp$2M
Country
GB75.1%-10.7pp
CA16.6%
US8.3%+2.0pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| RIO | $73M | +0.04B | 63.4% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $129M | 5 | +35.26% | +17.59% | +17.67% | -0.03B |
| 2025-12-31 | $147M | 5 | +27.97% | +17.72% | +10.26% | -0.00B |
| 2025-09-30 | $136M | 6 | +8.54% | +17.52% | -8.97% | -0.02B |
| 2025-06-30 | $137M | 5 | +5.84% | +14.94% | -9.11% | +0.06B |
| 2025-03-31 | $85M | 3 | +7.36% | +8.30% | -0.94% | -0.05B |
| 2024-12-31 | $125M | 6 | -2.18% | +24.89% | -27.07% | -0.01B |
| 2024-09-30 | $148M | 11 | +12.27% | +36.04% | -23.77% | +0.04B |
| 2024-06-30 | $100M | 10 | -3.04% | +24.49% | -27.53% | +0.03B |
| 2024-03-31 | $73M | 10 | +5.91% | +29.62% | -23.71% | +0.01B |
| 2023-12-31 | $65M | 6 | +17.50% | +26.18% | -8.68% | -0.00B |
| 2023-09-30 | $63M | 6 | +15.00% | +21.57% | -6.56% | -0.03B |
| 2023-06-30 | $99M | 7 | +12.75% | +19.42% | -6.67% | +0.00B |
| 2023-03-31 | $88M | 7 | -16.53% | -7.82% | -8.71% | +0.04B |
| 2022-12-31 | $41M | 9 | +4.99% | +7.56% | -2.57% | -0.02B |
| 2022-09-30 | $62M | 10 | -6.30% | -4.93% | -1.37% | -0.00B |
| 2022-06-30 | $68M | 9 | -20.49% | -16.11% | -4.38% | +0.01B |