Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+4.66%
adds when stocks drop
when a holding falls −10%+
Middle response
-1.13%
baseline attrition
Rally response
-2.07%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| DFACDimensional - US Core Eq | $89M | 25.1% | — | 4.5 yr |
| DFICDimensional - Internatio | $48M | 13.4% | — | 4.0 yr |
| DFATDimensional - US Targete | $23M | 6.6% | — | 4.5 yr |
| AVUSAvantis U.S. Equity ETF | $22M | 6.1% | — | 4.5 yr |
| AVDEAvantis International Eq | $20M | 5.6% | — | 4.5 yr |
| DISVDimensional - Internatio | $18M | 5.0% | — | 4.0 yr |
| DFEMDimensional - Emerging M | $17M | 4.8% | — | 4.0 yr |
| AVDVAvantis International Sm | $15M | 4.2% | — | 4.5 yr |
| AVUVAvantis U.S. Small Cap V | $11M | 3.2% | — | 4.5 yr |
| AVEMAvantis Emerging Markets | $11M | 3.0% | — | 4.5 yr |
| DFAXDimensional - World ex U | $8M | 2.2% | — | 4.5 yr |
| DFGRDimensional - Global Rea | $6M | 1.6% | — | 2.5 yr |
| ITWIllinois Tool Works Inc. | $5M | 1.3% | +6.9% | 4.5 yr |
| DFIPDimensional - Inflation- | $5M | 1.3% | — | 3.5 yr |
| SPYState Street SPDR S&P 50 | $4M | 1.1% | +17.6% | 4.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management90.3%+7.9pp$322M
Asset Management - Global2.0%+0.8pp$7M
Industrial - Machinery1.4%-0.3pp$5M
Semiconductors0.9%+0.5pp$3M
Internet Content & Information0.7%+0.1pp$3M
Paper, Lumber & Forest Products0.6%-9.5pp$2M
Drug Manufacturers - General0.5%+0.2pp$2M
Software - Infrastructure0.5%-0.1pp$2M
Oil & Gas Refining & Marketing0.5%+0.2pp$2M
Consumer Electronics0.4%+0.1pp$1M
Country
US99.8%+0.0pp
IE0.1%-0.1pp
CH0.1%
KY0.0%-0.0pp
Top 5: 56.7% · Top 10: 76.9% · Top 25: 89.4%
Top buys this quarter · 13
| DUSB Dimensional - Ultrashort Fixednew | +$0M |
| DFCA Dimensional - California Municnew | +$0M |
| PAVE Global X - U.S. Infrastructurenew | +$0M |
| QQQ Invesco QQQ Trust, Series 1 | +$0M |
| PPA Invesco Aerospace & Defense ET | +$0M |
| SPMO Invesco S&P 500 Momentum ETF | +$1M |
| MUB iShares National Muni Bond ETF | +$0M |
| IWY iShares Russell Top 200 Growthnew | +$0M |
| XAR State Street SPDR S&P Aerospacnew | +$0M |
| XSD State Street SPDR S&P Semicond | +$0M |
Top sells this quarter · 15
| ITW Illinois Tool Works Inc. | −$5M |
| SPY State Street SPDR S&P 500 ETF | −$4M |
| UFPI UFP Industries, Inc. | −$3M |
| GILD Gilead Sciences, Inc. | −$1M |
| MPC Marathon Petroleum Corporation | −$1M |
| MSFT Microsoft Corporation | −$1M |
| JPM JPMorgan Chase & Co. | −$1M |
| AAPL Apple Inc. | −$1M |
| KLAC KLA Corporation | −$1M |
| META Meta Platforms, Inc. | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $356M | 106 | +0.70% | +17.59% | -16.89% | -0.33B |
| 2025-12-31 | $678M | 119 | -3.72% | +17.72% | -21.44% | +0.37B |
| 2025-09-30 | $316M | 94 | -10.49% | +17.52% | -28.01% | +0.02B |
| 2025-06-30 | $289M | 85 | +0.04% | +14.94% | -14.91% | +0.04B |
| 2025-03-31 | $244M | 78 | -5.77% | +8.30% | -14.08% | +0.01B |
| 2024-12-31 | $246M | 82 | +1.15% | +24.89% | -23.73% | +0.02B |
| 2024-09-30 | $252M | 82 | +29.97% | +36.04% | -6.07% | -0.01B |
| 2024-06-30 | $234M | 76 | +11.59% | +24.49% | -12.90% | +0.02B |
| 2024-03-31 | $227M | 72 | +29.97% | +29.62% | +0.34% | +0.02B |
| 2023-12-31 | $204M | 72 | +34.89% | +26.18% | +8.72% | +0.01B |
| 2023-09-30 | $164M | 58 | +31.56% | +21.57% | +9.99% | +0.02B |
| 2023-06-30 | $147M | 58 | +35.68% | +19.42% | +16.26% | -0.00B |
| 2023-03-31 | $139M | 59 | +8.84% | -7.82% | +16.65% | +0.00B |
| 2022-12-31 | $126M | 56 | -3.12% | -18.17% | +15.05% | +0.01B |
| 2022-09-30 | $105M | 46 | +0.54% | -4.93% | +5.47% | -0.01B |
| 2022-06-30 | $109M | 44 | -12.04% | -16.11% | +4.08% | +0.00B |