Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+4.12%
adds when stocks drop
when a holding falls −10%+
Middle response
+5.98%
steady accumulation
Rally response
-1.07%
trims into rallies
when a holding rises +10%+
Top positions · 3
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| COINCoinbase Global, Inc. | $627M | 65.7% | +1.4% | 4.5 yr |
| HOODRobinhood Markets, Inc. | $298M | 31.3% | +66.5% | 1.0 yr |
| PURRHyperliquid Strategies I | $29M | 3.0% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Financial - Data & Stock Exchanges65.7%-34.3pp$627M
Financial - Capital Markets31.3%$298M
Agricultural Inputs3.0%$29M
Country
US100.0%+0.0pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| COIN | $711M | +0.01B | 1.4% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 1
| HOOD Robinhood Markets, Inc. | +$298M |
Top sells this quarter · 1
| COIN Coinbase Global, Inc. | −$118M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $954M | 3 | +12.83% | +17.59% | -4.76% | -0.05B |
| 2025-12-31 | $1.36B | 3 | +6.03% | +17.72% | -11.69% | +0.05B |
| 2025-09-30 | $1.87B | 2 | +110.97% | +17.52% | +93.45% | +0.00B |
| 2025-06-30 | $1.76B | 2 | +59.18% | +14.94% | +44.24% | +0.30B |
| 2025-03-31 | $711M | 1 | -35.04% | +8.30% | -43.34% | +0.00B |
| 2024-12-31 | $1.02B | 1 | +42.77% | +24.89% | +17.88% | -0.10B |
| 2024-09-30 | $805M | 1 | +137.31% | +36.04% | +101.27% | -0.00B |
| 2024-06-30 | $1.00B | 1 | +210.59% | +24.49% | +186.10% | -0.00B |
| 2024-03-31 | $1.20B | 1 | +292.36% | +29.62% | +262.74% | +0.00B |
| 2023-12-31 | $785M | 1 | +391.44% | +26.18% | +365.26% | -0.00B |
| 2023-09-30 | $339M | 1 | +16.42% | +21.57% | -5.15% | -0.00B |
| 2023-06-30 | $325M | 1 | +52.17% | +19.42% | +32.74% | +0.06B |
| 2023-03-31 | $250M | 1 | -64.41% | -7.82% | -56.59% | +0.00B |
| 2022-12-31 | $131M | 1 | -45.12% | +7.56% | -52.68% | -0.00B |
| 2022-09-30 | $239M | 1 | +37.15% | -4.93% | +42.08% | +0.00B |
| 2022-06-30 | $174M | 1 | -75.23% | -16.11% | -59.12% | +0.05B |