Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+2.50%
adds when stocks drop
when a holding falls −10%+
Middle response
-5.24%
baseline attrition
Rally response
-3.43%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $17M | 14.5% | +60.9% | 4.5 yr |
| AVGOBroadcom Inc. | $9M | 7.6% | +86.0% | 4.5 yr |
| GOOGLAlphabet Inc. | $9M | 7.5% | — | 4.5 yr |
| AAPLApple Inc. | $9M | 7.4% | +14.7% | 4.5 yr |
| AMZNAmazon.com, Inc. | $6M | 5.3% | +9.5% | 4.3 yr |
| MSFTMicrosoft Corporation | $5M | 3.8% | -0.6% | 4.5 yr |
| PANWPalo Alto Networks, Inc. | $3M | 2.9% | -6.0% | 4.0 yr |
| GSLGlobal Ship Lease, Inc. | $3M | 2.7% | +75.4% | 1.3 yr |
| METAMeta Platforms, Inc. | $3M | 2.6% | -0.4% | 4.5 yr |
| COSTCostco Wholesale Corpora | $3M | 2.4% | +5.9% | 4.5 yr |
| JPMJPMorgan Chase & Co. | $2M | 2.0% | +21.8% | 4.5 yr |
| CRWDCrowdStrike Holdings, In | $2M | 1.8% | +10.7% | 1.8 yr |
| ETNEaton Corporation plc | $2M | 1.8% | +33.2% | 1.3 yr |
| GLDSPDR Gold Shares | $2M | 1.8% | — | 4.5 yr |
| HONHoneywell International | $2M | 1.6% | +9.0% | 4.5 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors22.4%+7.0pp$27M
Internet Content & Information11.4%+3.9pp$14M
Software - Infrastructure8.5%-0.6pp$10M
Consumer Electronics7.4%-0.5pp$9M
Specialty Retail6.1%-0.7pp$7M
Asset Management5.2%-10.9pp$6M
Banks - Diversified3.4%+0.7pp$4M
Marine Shipping3.1%+2.6pp$4M
Discount Stores3.0%+0.1pp$4M
Oil & Gas Midstream2.6%+2.0pp$3M
Country
US87.5%-3.7pp
GB4.2%+2.6pp
IE2.7%+0.8pp
BR2.5%+0.9pp
CA1.4%+0.4pp
GR0.9%+0.7pp
CN0.3%+0.1pp
Unknown0.3%
Top 5: 42.3% · Top 10: 56.7% · Top 25: 78.0%
Top buys this quarter · 15
| AVGO Broadcom Inc. | +$3M |
| MTDR Matador Resources Companynew | +$1M |
| TRMD TORM plc | +$1M |
| ACN Accenture plcnew | +$1M |
| WMG Warner Music Group Corp. | +$1M |
| DAC Danaos Corporationnew | +$0M |
| MP MP Materials Corp. | +$0M |
| QFIN Qfin Holdings, Inc.new | +$0M |
| GTN Gray Media, Inc.new | +$0M |
| NVDA NVIDIA Corporation | +$17M |
Top sells this quarter · 15
| RIO Rio Tinto Groupexit | −$3M |
| PHM PulteGroup, Inc.exit | −$1M |
| NVO Novo Nordisk A/Sexit | −$1M |
| RMR The RMR Group Inc.exit | −$1M |
| NOG Northern Oil and Gas, Inc. | −$1M |
| VALE Vale S.A. | −$1M |
| SM SM Energy Companyexit | −$1M |
| MA Mastercard Incorporated | −$1M |
| ESEA Euroseas Ltd.exit | −$1M |
| PDD PDD Holdings Inc.exit | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $120M | 84 | +23.35% | +17.59% | +5.75% | -0.02B |
| 2025-12-31 | $142M | 109 | +16.83% | +17.72% | -0.89% | -0.01B |
| 2025-09-30 | $149M | 107 | +24.89% | +17.52% | +7.37% | +0.01B |
| 2025-06-30 | $131M | 109 | +18.77% | +14.94% | +3.83% | +0.00B |
| 2025-03-31 | $109M | 97 | +8.74% | +8.30% | +0.44% | +0.01B |
| 2024-12-31 | $110M | 91 | +22.55% | +24.89% | -2.33% | +0.01B |
| 2024-09-30 | $91M | 69 | +27.11% | +36.04% | -8.93% | +0.00B |
| 2024-06-30 | $83M | 59 | +15.62% | +24.49% | -8.87% | +0.01B |
| 2024-03-31 | $69M | 52 | +18.83% | +29.62% | -10.79% | +0.00B |
| 2023-12-31 | $63M | 54 | +26.48% | +26.18% | +0.30% | -0.00B |
| 2023-09-30 | $58M | 56 | +15.23% | +21.57% | -6.34% | -0.00B |
| 2023-06-30 | $66M | 64 | +20.97% | +19.42% | +1.54% | -0.00B |
| 2023-03-31 | $62M | 75 | -11.95% | -7.82% | -4.14% | -0.00B |
| 2022-12-31 | $61M | 81 | -23.86% | -18.17% | -5.69% | -0.00B |
| 2022-09-30 | $63M | 85 | -1.29% | -4.93% | +3.64% | -0.00B |
| 2022-06-30 | $66M | 94 | -19.53% | -16.11% | -3.42% | -0.01B |