Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-9.30%
trims when stocks drop
when a holding falls −10%+
Middle response
-4.74%
baseline attrition
Rally response
-3.67%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $271M | 4.6% | +60.9% | 2.0 yr |
| GOOGLAlphabet Inc. | $246M | 4.2% | — | 2.0 yr |
| MSFTMicrosoft Corporation | $232M | 4.0% | -0.6% | 2.0 yr |
| AAPLApple Inc. | $141M | 2.4% | +14.7% | 2.0 yr |
| AMZNAmazon.com, Inc. | $139M | 2.4% | +9.5% | 2.0 yr |
| JNJJohnson & Johnson | $118M | 2.0% | +51.5% | 2.0 yr |
| MRKMerck & Co., Inc. | $116M | 2.0% | +38.9% | 2.0 yr |
| VOOVanguard S&P 500 ETF | $113M | 1.9% | — | 2.0 yr |
| CMECME Group Inc. | $112M | 1.9% | +15.6% | 2.0 yr |
| IEMGiShares Core MSCI Emergi | $111M | 1.9% | — | 2.0 yr |
| HDThe Home Depot, Inc. | $109M | 1.9% | -8.0% | 2.0 yr |
| AVGOBroadcom Inc. | $107M | 1.8% | +86.0% | 2.0 yr |
| GILDGilead Sciences, Inc. | $101M | 1.7% | +27.7% | 2.0 yr |
| EMREmerson Electric Co. | $90M | 1.5% | +21.5% | 2.0 yr |
| LLYEli Lilly and Company | $82M | 1.4% | +12.2% | 2.0 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors11.3%+3.2pp$661M
Drug Manufacturers - General10.2%+2.4pp$599M
Asset Management7.0%+0.3pp$412M
Software - Infrastructure5.8%-0.7pp$341M
Internet Content & Information5.7%+1.7pp$332M
Industrial - Machinery5.2%+0.2pp$303M
Banks - Diversified3.0%+0.2pp$178M
Financial - Data & Stock Exchanges2.8%-0.6pp$165M
Consumer Electronics2.5%+0.4pp$146M
Specialty Retail2.5%-1.1pp$144M
Country
US89.3%+0.6pp
CA2.3%+0.2pp
CH1.9%-0.6pp
GB1.8%+0.9pp
IE1.4%+0.5pp
Unknown1.3%+0.1pp
SG0.5%-0.2pp
BM0.5%+0.0pp
Top 5: 17.6% · Top 10: 27.3% · Top 25: 47.8%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $5.85B | 540 | +13.45% | +17.59% | -4.15% | -0.09B |
| 2025-12-31 | $6.15B | 498 | +12.61% | +17.72% | -5.10% | -0.11B |
| 2025-09-30 | $6.18B | 471 | +10.51% | +17.52% | -7.01% | +0.08B |
| 2025-06-30 | $5.79B | 486 | +9.90% | +14.94% | -5.04% | -0.29B |
| 2025-03-31 | $5.52B | 480 | -4.15% | -4.27% | +0.11% | -0.13B |
| 2024-12-31 | $5.89B | 460 | -0.60% | +2.49% | -3.09% | +0.17B |
| 2024-09-30 | $5.76B | 440 | +4.71% | +5.75% | -1.05% | +0.03B |
| 2024-06-30 | $5.47B | 457 | — | — | — | — |