Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-0.24%
trims when stocks drop
when a holding falls −10%+
Middle response
+4.44%
steady accumulation
Rally response
-2.03%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $163M | 4.3% | +14.7% | 10.3 yr |
| NVDANVIDIA Corporation | $140M | 3.7% | +60.9% | 9.5 yr |
| MSFTMicrosoft Corporation | $86M | 2.3% | -0.6% | 10.3 yr |
| AMZNAmazon.com, Inc. | $75M | 2.0% | +9.5% | 10.3 yr |
| IVViShares Core S&P 500 ETF | $62M | 1.7% | — | 10.0 yr |
| GOOGAlphabet Inc. | $57M | 1.5% | +84.3% | 10.3 yr |
| SPLGSPDR Portfolio S&P 500 E | $55M | 1.5% | — | 5.0 yr |
| AVGOBroadcom Inc. | $54M | 1.4% | +86.0% | 8.0 yr |
| JPMJPMorgan Chase & Co. | $52M | 1.4% | +21.8% | 10.3 yr |
| TSLATesla, Inc. | $50M | 1.3% | +43.4% | 9.0 yr |
| VONGVanguard Russell 1000 Gr | $48M | 1.3% | — | 2.5 yr |
| BNDVanguard Total Bond Mark | $43M | 1.1% | — | 8.5 yr |
| METAMeta Platforms, Inc. | $41M | 1.1% | -0.4% | 10.3 yr |
| TSMTaiwan Semiconductor Man | $40M | 1.1% | +105.6% | 10.3 yr |
| GOOGLAlphabet Inc. | $36M | 1.0% | — | 10.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management34.2%+2.4pp$1.28B
Semiconductors8.2%+1.9pp$307M
Asset Management - Bonds4.8%+0.2pp$182M
Consumer Electronics4.4%+0.2pp$165M
Software - Infrastructure4.1%-0.7pp$154M
Internet Content & Information3.6%+0.5pp$136M
Drug Manufacturers - General3.4%+0.1pp$126M
Specialty Retail2.4%-0.4pp$89M
Banks - Diversified2.0%+0.3pp$75M
Discount Stores1.9%+0.1pp$72M
Country
US94.8%-0.1pp
IE1.1%+0.1pp
TW1.1%+0.3pp
GB0.7%-0.0pp
CA0.4%+0.0pp
NL0.4%+0.1pp
Unknown0.4%-0.1pp
CH0.2%+0.0pp
Top 5: 14.0% · Top 10: 21.1% · Top 25: 34.2%
Top buys this quarter · 15
| AZN AstraZeneca PLCnew | +$4M |
| NFLX Netflix, Inc. | +$3M |
| AGX Argan, Inc. | +$3M |
| MCK McKesson Corporation | +$3M |
| VRT Vertiv Holdings Co | +$3M |
| CASY Casey's General Stores, Inc. | +$2M |
| V Visa Inc. | +$25M |
| AME AMETEK, Inc. | +$2M |
| ERIE Erie Indemnity Companynew | +$2M |
| MDT Medtronic plc | +$2M |
Top sells this quarter · 15
| JBL Jabil Inc. | −$21M |
| STLD Steel Dynamics, Inc. | −$12M |
| FSLR First Solar, Inc. | −$11M |
| TSM Taiwan Semiconductor Manufactu | −$8M |
| GOOG Alphabet Inc. | −$6M |
| PLTR Palantir Technologies Inc. | −$5M |
| CEG Constellation Energy Corporatiexit | −$5M |
| WMT Walmart Inc. | −$35M |
| PG The Procter & Gamble Company | −$3M |
| LLY Eli Lilly and Company | −$3M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $3.76B | 1272 | +18.88% | +17.59% | +1.28% | +0.03B |
| 2025-12-31 | $3.87B | 1257 | +17.41% | +17.72% | -0.31% | +0.15B |
| 2025-09-30 | $3.66B | 1230 | +17.95% | +17.52% | +0.43% | -0.02B |
| 2025-06-30 | $3.38B | 1197 | +16.25% | +14.94% | +1.31% | -0.10B |
| 2025-03-31 | $3.12B | 1190 | +6.74% | +8.30% | -1.56% | +0.06B |
| 2024-12-31 | $3.22B | 1184 | +22.22% | +24.89% | -2.67% | -0.22B |
| 2024-09-30 | $3.36B | 1210 | +34.62% | +36.04% | -1.42% | -0.24B |
| 2024-06-30 | $3.36B | 1181 | +21.29% | +24.49% | -3.20% | +0.08B |
| 2024-03-31 | $3.20B | 1165 | +27.43% | +29.62% | -2.20% | +0.34B |
| 2023-12-31 | $2.63B | 1108 | +24.81% | +26.18% | -1.37% | -0.02B |
| 2023-09-30 | $2.35B | 1049 | +18.24% | +21.57% | -3.33% | -0.34B |
| 2023-06-30 | $2.79B | 1169 | +17.14% | +19.42% | -2.28% | +0.03B |
| 2023-03-31 | $2.57B | 1143 | -7.02% | -7.82% | +0.80% | +0.03B |
| 2022-12-31 | $2.38B | 1126 | -16.89% | -18.17% | +1.29% | +0.03B |
| 2022-09-30 | $2.21B | 1105 | -13.50% | -15.51% | +2.01% | +0.08B |
| 2022-06-30 | $2.22B | 1116 | -8.99% | -10.62% | +1.63% | +0.09B |