Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+5.78%
adds when stocks drop
when a holding falls −10%+
Middle response
-0.76%
baseline attrition
Rally response
-12.07%
trims into rallies
when a holding rises +10%+
Top positions · 16
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| FLEXFlex Ltd. | $28M | 18.0% | +97.9% | 4.5 yr |
| NXTNextpower Inc. | $18M | 11.9% | +186.1% | 3.3 yr |
| WAYWaystar Holding Corp. | $17M | 11.2% | -35.5% | 0.8 yr |
| SKYChampion Homes, Inc. | $17M | 10.8% | -21.5% | 3.5 yr |
| AAgilent Technologies, In | $12M | 8.0% | -1.8% | 0.3 yr |
| NICENICE Ltd. | $11M | 6.9% | -28.5% | 1.0 yr |
| AGCOAGCO Corporation | $10M | 6.3% | +26.5% | 2.0 yr |
| SMRTSmartRent, Inc. | $9M | 5.8% | +24.0% | 4.0 yr |
| REZIResideo Technologies, In | $7M | 4.5% | +90.5% | 0.3 yr |
| ONON Semiconductor Corpora | $5M | 3.5% | +52.2% | 0.5 yr |
| XLUState Street Utilities S | $5M | 3.0% | — | 1.0 yr |
| PLUSePlus inc. | $4M | 2.4% | +24.5% | 0.3 yr |
| 0A52.LInseego Corp. | $4M | 2.3% | +34.1% | 0.5 yr |
| TPCTutor Perini Corporation | $3M | 2.0% | +233.6% | 0.5 yr |
| WSCWillScot Holdings Corpor | $3M | 1.9% | -36.8% | 1.0 yr |
Portfolio composition (YoY)
Industry mix
Hardware, Equipment & Parts18.0%+3.4pp$28M
Software - Application15.1%+9.8pp$23M
Consumer Electronics11.9%-1.4pp$18M
Information Technology Services11.2%$17M
Residential Construction10.8%$17M
Medical - Diagnostics & Research8.0%$12M
Agricultural - Machinery7.6%+0.8pp$12M
Security & Protection Services4.5%$7M
Semiconductors3.5%$5M
Asset Management3.0%+2.1pp$5M
Country
US73.8%+2.4pp
SG18.0%+7.9pp
IL6.9%
GB1.3%-0.5pp
Top 5: 60.0% · Top 10: 87.0% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| NXT | $18M | +0.03B | 186.1% |
| FLEX | $13M | +0.01B | 97.9% |
| AGCO | $7M | +0.00B | 26.5% |
| SMRT | $7M | +0.00B | 24.0% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 10
| A Agilent Technologies, Inc.new | +$12M |
| WAY Waystar Holding Corp. | +$7M |
| REZI Resideo Technologies, Inc.new | +$7M |
| SKY Champion Homes, Inc. | +$7M |
| PLUS ePlus inc.new | +$4M |
| FLEX Flex Ltd. | +$2M |
| ON ON Semiconductor Corporation | +$2M |
| 0A52.L Inseego Corp. | +$1M |
| TPC Tutor Perini Corporation | +$1M |
| SMRT SmartRent, Inc. | +$9M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $153M | 16 | +29.61% | +17.59% | +12.02% | -0.00B |
| 2025-12-31 | $160M | 18 | +16.27% | +17.72% | -1.45% | -0.02B |
| 2025-09-30 | $177M | 23 | +15.75% | +17.52% | -1.77% | -0.01B |
| 2025-06-30 | $175M | 18 | +13.56% | +14.94% | -1.39% | +0.02B |
| 2025-03-31 | $132M | 13 | -14.35% | +8.30% | -22.65% | -0.00B |
| 2024-12-31 | $150M | 13 | +13.80% | +24.89% | -11.09% | +0.00B |
| 2024-09-30 | $145M | 14 | +18.44% | +36.04% | -17.59% | -0.01B |
| 2024-06-30 | $147M | 16 | +12.10% | +24.49% | -12.39% | +0.01B |
| 2024-03-31 | $148M | 14 | +42.94% | +29.62% | +13.32% | -0.01B |
| 2023-12-31 | $136M | 17 | +35.60% | +26.18% | +9.42% | +0.01B |
| 2023-09-30 | $121M | 20 | +45.78% | +21.57% | +24.21% | -0.00B |
| 2023-06-30 | $125M | 17 | +57.91% | +19.42% | +38.49% | -0.01B |
| 2023-03-31 | $116M | 21 | +0.16% | -7.82% | +7.98% | +0.02B |
| 2022-12-31 | $86M | 19 | +15.48% | +7.56% | +7.92% | -0.01B |
| 2022-09-30 | $80M | 14 | +6.83% | -4.93% | +11.76% | -0.00B |
| 2022-06-30 | $77M | 16 | -27.15% | -16.11% | -11.04% | -0.00B |