Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+11.69%
adds when stocks drop
when a holding falls −10%+
Middle response
+3.10%
steady accumulation
Rally response
-20.89%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| HOLXHologic, Inc. | $6M | 3.3% | +22.4% | 1.0 yr |
| AAPLApple Inc. | $5M | 2.6% | +14.7% | 0.5 yr |
| TXNMTXNM Energy, Inc. | $4M | 2.4% | +12.5% | 0.5 yr |
| EAElectronic Arts Inc. | $3M | 1.6% | +41.7% | 0.5 yr |
| MSFTMicrosoft Corporation | $3M | 1.4% | -0.6% | 1.3 yr |
| LLYEli Lilly and Company | $2M | 1.3% | +12.2% | 1.3 yr |
| CHTChunghwa Telecom Co., Lt | $2M | 1.3% | +10.8% | 1.3 yr |
| CVXChevron Corporation | $2M | 1.2% | +29.2% | 0.8 yr |
| TSLATesla, Inc. | $2M | 1.2% | +43.4% | 1.0 yr |
| PHParker-Hannifin Corporat | $2M | 1.1% | +48.6% | 0.8 yr |
| VVisa Inc. | $2M | 1.1% | -13.1% | 0.5 yr |
| GOOGLAlphabet Inc. | $2M | 1.0% | — | 0.5 yr |
| CCitigroup Inc. | $2M | 0.9% | +63.9% | 1.5 yr |
| WCNWaste Connections, Inc. | $2M | 0.9% | -16.2% | 1.5 yr |
| AVGOBroadcom Inc. | $2M | 0.9% | +86.0% | 1.0 yr |
Portfolio composition (YoY)
Industry mix
Regulated Electric4.8%-0.3pp$9M
Industrial - Machinery3.9%+1.6pp$7M
Medical - Instruments & Supplies3.4%+3.0pp$6M
Aerospace & Defense3.2%+1.6pp$6M
Banks - Regional3.2%-0.1pp$6M
Drug Manufacturers - General3.1%+0.9pp$6M
Semiconductors3.1%+0.3pp$6M
Software - Infrastructure3.1%+0.8pp$6M
Medical - Devices3.0%+1.6pp$6M
Software - Application2.7%-3.2pp$5M
Country
US79.5%-0.8pp
GB2.9%+0.7pp
TW1.9%+0.7pp
IE1.8%-0.3pp
CA1.6%-0.4pp
BM1.5%+0.4pp
BR1.3%-0.2pp
Unknown1.2%-0.5pp
Top 5: 11.3% · Top 10: 17.5% · Top 25: 28.8%
Top buys this quarter · 15
| HOLX Hologic, Inc. | +$5M |
| AAPL Apple Inc. | +$4M |
| TXNM TXNM Energy, Inc. | +$4M |
| CVX Chevron Corporation | +$2M |
| LLY Eli Lilly and Company | +$2M |
| PH Parker-Hannifin Corporation | +$1M |
| V Visa Inc. | +$1M |
| CHT Chunghwa Telecom Co., Ltd. | +$1M |
| AVGO Broadcom Inc. | +$1M |
| MSFT Microsoft Corporation | +$1M |
Top sells this quarter · 15
| LIN Linde plc | −$5M |
| MSI Motorola Solutions, Inc. | −$3M |
| BLK BlackRock, Inc.exit | −$3M |
| ED Consolidated Edison, Inc. | −$2M |
| TSM Taiwan Semiconductor Manufactu | −$2M |
| EOG EOG Resources, Inc.exit | −$2M |
| PG The Procter & Gamble Companyexit | −$2M |
| TMUS T-Mobile US, Inc. | −$2M |
| NVDA NVIDIA Corporation | −$2M |
| AMZN Amazon.com, Inc.exit | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $182M | 477 | +18.89% | +17.59% | +1.30% | -0.04B |
| 2025-12-31 | $214M | 513 | +14.34% | +17.72% | -3.38% | -0.02B |
| 2025-09-30 | $232M | 537 | +6.78% | +8.12% | -1.34% | +0.04B |
| 2025-06-30 | $181M | 458 | +6.79% | +10.78% | -3.99% | +0.08B |
| 2025-03-31 | $94M | 289 | -1.69% | -4.27% | +2.58% | -0.01B |
| 2024-12-31 | $103M | 1570 | — | — | — | — |