Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+2.25%
adds when stocks drop
when a holding falls −10%+
Middle response
+1.62%
steady accumulation
Rally response
+1.41%
adds into rallies
when a holding rises +10%+
Top positions · 16
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| METAMeta Platforms, Inc. | $5.61B | 36.3% | -0.4% | 3.5 yr |
| GOOGLAlphabet Inc. | $1.78B | 11.5% | — | 3.5 yr |
| HOODRobinhood Markets, Inc. | $1.67B | 10.8% | +66.5% | 3.5 yr |
| TSLATesla, Inc. | $1.40B | 9.1% | +43.4% | 3.5 yr |
| AMZNAmazon.com, Inc. | $1.37B | 8.9% | +9.5% | 3.5 yr |
| DASHDoorDash, Inc. | $1.06B | 6.9% | -17.8% | 3.5 yr |
| SHOPShopify Inc. | $750M | 4.9% | +24.2% | 3.5 yr |
| NFLXNetflix, Inc. | $645M | 4.2% | +3.1% | 3.5 yr |
| MSFTMicrosoft Corporation | $389M | 2.5% | -0.6% | 3.5 yr |
| JDJD.com, Inc. | $346M | 2.2% | -28.5% | 3.5 yr |
| SCHWThe Charles Schwab Corpo | $300M | 1.9% | +21.5% | 3.0 yr |
| AAPLApple Inc. | $63M | 0.4% | +14.7% | 3.5 yr |
| BABAAlibaba Group Holding Li | $34M | 0.2% | -3.5% | 3.5 yr |
| GOOGAlphabet Inc. | $26M | 0.2% | +84.3% | 3.5 yr |
| COINCoinbase Global, Inc. | $2M | 0.0% | +1.4% | 3.5 yr |
Portfolio composition (YoY)
Industry mix
Internet Content & Information54.9%+0.7pp$8.48B
Financial - Capital Markets12.8%+4.3pp$1.97B
Specialty Retail11.3%-0.7pp$1.75B
Auto - Manufacturers9.1%+2.4pp$1.40B
Software - Application4.9%-6.6pp$750M
Entertainment4.2%-0.1pp$645M
Software - Infrastructure2.5%-0.2pp$389M
Consumer Electronics0.4%+0.0pp$63M
Financial - Data & Stock Exchanges0.0%-0.0pp$2M
Biotechnology0.0%$0M
Country
US92.7%+0.3pp
CA4.9%+0.8pp
CN2.5%-1.0pp
Top 5: 76.6% · Top 10: 97.2% · Top 25: 100.0%
Top buys this quarter · 0
No buys this quarter
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $15.45B | 16 | +6.82% | +17.59% | -10.77% | -0.18B |
| 2025-12-31 | $19.40B | 17 | +25.06% | +17.72% | +7.34% | +0.30B |
| 2025-09-30 | $21.08B | 25 | +57.59% | +17.52% | +40.08% | -0.21B |
| 2025-06-30 | $18.94B | 25 | +58.99% | +14.94% | +44.05% | -0.26B |
| 2025-03-31 | $14.75B | 23 | +22.17% | +8.30% | +13.87% | -0.24B |
| 2024-12-31 | $15.89B | 25 | +49.16% | +24.89% | +24.28% | +0.09B |
| 2024-09-30 | $13.84B | 21 | +53.03% | +36.04% | +16.99% | +0.07B |
| 2024-06-30 | $12.15B | 20 | +33.19% | +24.49% | +8.69% | -0.25B |
| 2024-03-31 | $12.40B | 30 | +64.85% | +29.62% | +35.23% | -0.16B |
| 2023-12-31 | $10.90B | 29 | +102.75% | +26.18% | +76.57% | -0.07B |
| 2023-09-30 | $9.36B | 29 | -1.30% | -3.22% | +1.92% | +0.09B |
| 2023-06-30 | $9.39B | 30 | +23.78% | +8.68% | +15.10% | +2.47B |
| 2023-03-31 | $5.59B | 26 | +41.67% | +7.46% | +34.21% | +0.21B |
| 2022-12-31 | $3.80B | 25 | — | — | — | — |