Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+2.53%
adds when stocks drop
when a holding falls −10%+
Middle response
-1.28%
baseline attrition
Rally response
+1.15%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| IVViShares Core S&P 500 ETF | $15M | 14.6% | — | 4.5 yr |
| VEAVanguard FTSE Developed | $6M | 5.6% | — | 4.5 yr |
| BARGraniteShares Gold Trust | $5M | 5.2% | — | 4.5 yr |
| IJHiShares Core S&P Mid-Cap | $4M | 4.3% | — | 4.5 yr |
| SCHXSchwab U.S. Large-Cap ET | $4M | 3.7% | — | 4.5 yr |
| IEIiShares 3-7 Year Treasur | $3M | 3.2% | — | 3.0 yr |
| FLOTiShares Floating Rate Bo | $3M | 3.2% | — | 4.5 yr |
| SPLGSPDR Portfolio S&P 500 E | $3M | 2.9% | — | 4.5 yr |
| SCHOSchwab Short-Term U.S. T | $3M | 2.9% | — | 4.5 yr |
| USMViShares MSCI USA Min Vol | $3M | 2.7% | — | 4.5 yr |
| SCHZSchwab U.S. Aggregate Bo | $3M | 2.5% | — | 4.5 yr |
| VCSHVanguard Short-Term Corp | $2M | 2.3% | — | 2.3 yr |
| IEFiShares 7-10 Year Treasu | $2M | 2.1% | — | 4.5 yr |
| CALFPacer US Small Cap Cash | $2M | 2.1% | — | 2.3 yr |
| MINTPIMCO Enhanced Short Mat | $2M | 1.9% | — | 4.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management70.5%+1.8pp$72M
Asset Management - Bonds11.4%-1.8pp$12M
Asset Management - Leveraged4.8%-1.6pp$5M
Drug Manufacturers - General2.1%+0.1pp$2M
Specialty Retail1.4%-0.4pp$1M
Household & Personal Products1.2%+0.1pp$1M
Telecommunications Services0.6%+0.1pp$1M
Tobacco0.6%-0.0pp$1M
Semiconductors0.5%$1M
Restaurants0.5%-0.1pp$1M
Country
US99.7%+0.0pp
CA0.3%-0.0pp
Top 5: 33.4% · Top 10: 48.3% · Top 25: 73.4%
Top buys this quarter · 15
| PG The Procter & Gamble Company | +$0M |
| SF Stifel Financial Corp. | +$0M |
| NVDA NVIDIA Corporation | +$0M |
| AVGO Broadcom Inc. | +$0M |
| WMT Walmart Inc. | +$0M |
| MO Altria Group, Inc. | +$0M |
| MSFT Microsoft Corporation | +$0M |
| AMZN Amazon.com, Inc. | +$0M |
| AAPL Apple Inc. | +$0M |
| NEE NextEra Energy, Inc. | +$0M |
Top sells this quarter · 15
| WMB The Williams Companies, Inc. | −$2M |
| PEP PepsiCo, Inc. | −$0M |
| HRZN Horizon Technology Finance Corexit | −$0M |
| DG Dollar General Corporationexit | −$0M |
| UMBF UMB Financial Corporation | −$0M |
| YUM Yum! Brands, Inc. | −$0M |
| PBA Pembina Pipeline Corporation | −$0M |
| PFE Pfizer Inc. | −$0M |
| RSG Republic Services, Inc. | −$0M |
| SGOL abrdn Physical Gold Shares ETF | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $103M | 100 | +26.93% | +17.59% | +9.34% | -0.01B |
| 2025-12-31 | $98M | 98 | +18.00% | +17.72% | +0.28% | +0.00B |
| 2025-09-30 | $94M | 93 | +15.13% | +17.52% | -2.39% | -0.00B |
| 2025-06-30 | $86M | 88 | +10.49% | +14.94% | -4.46% | +0.00B |
| 2025-03-31 | $82M | 84 | +11.88% | +8.30% | +3.58% | -0.00B |
| 2024-12-31 | $81M | 81 | +13.97% | +24.89% | -10.92% | -0.02B |
| 2024-09-30 | $97M | 89 | +22.56% | +36.04% | -13.48% | -0.01B |
| 2024-06-30 | $97M | 87 | +13.03% | +24.49% | -11.46% | -0.08B |
| 2024-03-31 | $175M | 113 | +16.06% | +29.62% | -13.56% | +0.01B |
| 2023-12-31 | $155M | 100 | +13.87% | +26.18% | -12.30% | +0.01B |
| 2023-09-30 | $140M | 97 | +14.05% | +21.57% | -7.52% | +0.00B |
| 2023-06-30 | $143M | 93 | +9.54% | +19.42% | -9.88% | +0.00B |
| 2023-03-31 | $131M | 92 | -2.87% | -7.82% | +4.95% | -0.00B |
| 2022-12-31 | $130M | 92 | +7.06% | +7.56% | -0.50% | +0.01B |
| 2022-09-30 | $115M | 83 | -6.27% | -4.93% | -1.34% | -0.00B |
| 2022-06-30 | $122M | 82 | -6.54% | -16.11% | +9.57% | +0.00B |