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
+1.84%
steady accumulation
Rally response
+2.23%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VCITVanguard Intermediate-Te | $40M | 9.0% | — | 4.5 yr |
| IEFAiShares Core MSCI EAFE E | $31M | 6.9% | — | 3.8 yr |
| IEMGiShares Core MSCI Emergi | $19M | 4.4% | — | 4.5 yr |
| PDBCInvesco Optimum Yield Di | $19M | 4.3% | — | 4.5 yr |
| MLPBETRACS Alerian MLP Infra | $17M | 3.9% | — | 4.5 yr |
| DONWisdomTree U.S. MidCap D | $16M | 3.6% | — | 4.5 yr |
| VOTVanguard Mid-Cap Growth | $16M | 3.5% | — | 4.5 yr |
| VWOBVanguard Emerging Market | $13M | 3.0% | — | 3.8 yr |
| VCSHVanguard Short-Term Corp | $12M | 2.8% | — | 4.5 yr |
| VGITVanguard Intermediate-Te | $10M | 2.4% | — | 2.5 yr |
| AAPLApple Inc. | $10M | 2.3% | +14.7% | 4.5 yr |
| IWNiShares Russell 2000 Val | $10M | 2.2% | — | 4.5 yr |
| VBKVanguard Small-Cap Growt | $10M | 2.2% | — | 4.5 yr |
| PRFInvesco RAFI US 1000 ETF | $8M | 1.8% | — | 4.5 yr |
| SPYGState Street SPDR Portfo | $7M | 1.7% | — | 4.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management50.8%+1.7pp$225M
Asset Management - Bonds17.7%-1.8pp$79M
Semiconductors2.7%+0.6pp$12M
Internet Content & Information2.6%+0.5pp$12M
Consumer Electronics2.3%-0.0pp$10M
Software - Infrastructure1.9%-0.2pp$9M
Asset Management - Leveraged1.3%-0.7pp$6M
Asset Management - Income1.1%-0.0pp$5M
Oil & Gas Exploration & Production1.0%+0.1pp$5M
Banks - Diversified1.0%+0.0pp$4M
Country
US98.8%-0.2pp
IE0.8%-0.2pp
GB0.4%
Unknown0.0%
Top 5: 28.6% · Top 10: 43.8% · Top 25: 67.2%
Top buys this quarter · 15
| CRM Salesforce, Inc. | +$1M |
| ACN Accenture plc | +$4M |
| ANET Arista Networks, Inc. | +$1M |
| BX Blackstone Inc. | +$2M |
| MSFT Microsoft Corporation | +$6M |
| AVGO Broadcom Inc. | +$0M |
| AAPL Apple Inc. | +$0M |
| JPM JPMorgan Chase & Co. | +$0M |
| META Meta Platforms, Inc. | +$4M |
| GOOG Alphabet Inc. | +$0M |
Top sells this quarter · 15
| PEP PepsiCo, Inc. | −$1M |
| ADI Analog Devices, Inc. | −$1M |
| PWR Quanta Services, Inc. | −$0M |
| TRGP Targa Resources Corp.exit | −$0M |
| AXON Axon Enterprise, Inc.exit | −$0M |
| FTNT Fortinet, Inc.exit | −$0M |
| QCOM QUALCOMM Incorporatedexit | −$0M |
| CMG Chipotle Mexican Grill, Inc.exit | −$0M |
| NOC Northrop Grumman Corporation | −$0M |
| PSX Phillips 66 | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $443M | 141 | +13.17% | +17.59% | -4.43% | +0.00B |
| 2025-12-31 | $444M | 143 | +9.07% | +17.72% | -8.65% | +0.03B |
| 2025-09-30 | $416M | 135 | +8.50% | +17.52% | -9.02% | -0.00B |
| 2025-06-30 | $394M | 130 | +10.13% | +14.94% | -4.81% | -0.00B |
| 2025-03-31 | $369M | 127 | +3.29% | +8.30% | -5.02% | +0.01B |
| 2024-12-31 | $372M | 131 | +16.74% | +24.89% | -8.15% | +0.00B |
| 2024-09-30 | $370M | 125 | +27.84% | +36.04% | -8.19% | +0.01B |
| 2024-06-30 | $336M | 118 | +15.16% | +24.49% | -9.34% | +0.00B |
| 2024-03-31 | $330M | 120 | +22.06% | +29.62% | -7.57% | -0.00B |
| 2023-12-31 | $308M | 117 | +19.70% | +26.18% | -6.48% | -0.00B |
| 2023-09-30 | $284M | 109 | +20.74% | +21.57% | -0.83% | +0.01B |
| 2023-06-30 | $282M | 106 | +19.90% | +19.42% | +0.47% | -0.00B |
| 2023-03-31 | $268M | 105 | -0.05% | -7.82% | +7.76% | +0.02B |
| 2022-12-31 | $237M | 102 | -7.63% | -18.17% | +10.54% | +0.02B |
| 2022-09-30 | $195M | 101 | -3.72% | -4.93% | +1.21% | +0.01B |
| 2022-06-30 | $191M | 100 | -10.99% | -16.11% | +5.12% | +0.01B |