Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-10.49%
trims when stocks drop
when a holding falls −10%+
Middle response
-2.90%
baseline attrition
Rally response
+1.87%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AEMAgnico Eagle Mines Limit | $21M | 6.7% | +89.2% | 5.3 yr |
| NVDANVIDIA Corporation | $20M | 6.4% | +60.9% | 5.5 yr |
| AMZNAmazon.com, Inc. | $19M | 6.1% | +9.5% | 5.3 yr |
| AAPLApple Inc. | $18M | 5.7% | +14.7% | 5.3 yr |
| GOOGAlphabet Inc. | $16M | 5.0% | +84.3% | 5.3 yr |
| COSTCostco Wholesale Corpora | $12M | 4.0% | +5.9% | 5.5 yr |
| GDXVanEck Gold Miners ETF | $12M | 3.8% | — | 5.5 yr |
| XOMExxon Mobil Corporation | $11M | 3.4% | +47.6% | 5.5 yr |
| GDXJVanEck Junior Gold Miner | $10M | 3.3% | — | 5.5 yr |
| METAMeta Platforms, Inc. | $10M | 3.2% | -0.4% | 5.5 yr |
| SUNSunoco LP | $10M | 3.2% | +19.7% | 2.0 yr |
| NFLXNetflix, Inc. | $8M | 2.6% | +3.1% | 3.5 yr |
| WMTWalmart Inc. | $8M | 2.5% | +42.8% | 3.3 yr |
| GOOGLAlphabet Inc. | $8M | 2.5% | — | 5.3 yr |
| MPLXMPLX Lp | $8M | 2.5% | +15.4% | 5.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management11.0%-0.3pp$34M
Internet Content & Information10.7%+0.2pp$33M
Semiconductors9.1%+4.5pp$28M
Gold8.1%+1.0pp$25M
Discount Stores6.5%-0.0pp$20M
Specialty Retail6.1%-2.7pp$19M
Consumer Electronics5.7%-0.9pp$18M
Oil & Gas Midstream4.3%-4.0pp$14M
Oil & Gas Integrated4.0%+0.9pp$12M
Software - Infrastructure3.8%-0.3pp$12M
Country
US89.7%-0.1pp
CA9.9%+2.8pp
IE0.2%-0.1pp
CH0.1%-0.0pp
SG0.1%
Top 5: 29.9% · Top 10: 47.5% · Top 25: 76.8%
Top buys this quarter · 15
| EPD Enterprise Products Partners L | +$2M |
| MU Micron Technology, Inc. | +$1M |
| FANG Diamondback Energy, Inc.new | +$1M |
| IBRX ImmunityBio, Inc. | +$0M |
| GLW Corning Incorporatednew | +$0M |
| STX Seagate Technology Holdings plnew | +$0M |
| WES Western Midstream Partners, LP | +$0M |
| WDC Western Digital Corporationnew | +$0M |
| XEL Xcel Energy Inc.new | +$0M |
| WMT Walmart Inc. | +$0M |
Top sells this quarter · 15
| SOFI SoFi Technologies, Inc. | −$3M |
| BABA Alibaba Group Holding Limitedexit | −$3M |
| CELH Celsius Holdings, Inc. | −$2M |
| CAVA CAVA Group, Inc.exit | −$2M |
| BE Bloom Energy Corporation | −$2M |
| HAL Halliburton Company | −$2M |
| BIDU Baidu, Inc.exit | −$2M |
| JPM JPMorgan Chase & Co.exit | −$2M |
| META Meta Platforms, Inc. | −$2M |
| LLY Eli Lilly and Company | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $313M | 106 | +28.38% | +17.59% | +10.78% | -0.07B |
| 2025-12-31 | $382M | 117 | +24.46% | +17.72% | +6.74% | +0.04B |
| 2025-09-30 | $331M | 106 | +25.98% | +17.52% | +8.46% | +0.01B |
| 2025-06-30 | $290M | 105 | +16.35% | +14.94% | +1.41% | +0.02B |
| 2025-03-31 | $245M | 89 | +8.97% | +8.30% | +0.67% | -0.01B |
| 2024-12-31 | $258M | 94 | +22.30% | +24.89% | -2.59% | +0.01B |
| 2024-09-30 | $237M | 85 | +31.17% | +36.04% | -4.87% | -0.00B |
| 2024-06-30 | $230M | 84 | +24.27% | +24.49% | -0.22% | +0.01B |
| 2024-03-31 | $212M | 86 | +32.62% | +29.62% | +2.99% | +0.02B |
| 2023-12-31 | $178M | 81 | +31.87% | +26.18% | +5.69% | +0.00B |
| 2023-09-30 | $158M | 74 | +24.68% | +21.57% | +3.11% | -0.00B |
| 2023-06-30 | $165M | 76 | +25.04% | +19.42% | +5.61% | +0.00B |
| 2023-03-31 | $146M | 75 | -6.98% | -7.82% | +0.84% | -0.01B |
| 2022-12-31 | $145M | 86 | +5.11% | +7.56% | -2.45% | +0.04B |
| 2022-09-30 | $98M | 81 | -1.79% | -4.93% | +3.14% | -0.05B |
| 2022-06-30 | $152M | 94 | -17.66% | -16.11% | -1.55% | -0.02B |