Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+3.39%
adds when stocks drop
when a holding falls −10%+
Middle response
+1.66%
steady accumulation
Rally response
+2.00%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| IWBiShares Russell 1000 ETF | $57M | 11.1% | — | 0.5 yr |
| RECSColumbia Research Enhanc | $39M | 7.6% | — | 1.0 yr |
| DFUSDimensional - US Equity | $34M | 6.6% | — | 4.3 yr |
| AVDEAvantis International Eq | $22M | 4.3% | — | 1.0 yr |
| HFXINYLI FTSE International | $21M | 4.2% | — | 2.3 yr |
| SMHVanEck Semiconductor ETF | $20M | 3.9% | — | 3.0 yr |
| VCSHVanguard Short-Term Corp | $18M | 3.5% | — | 3.3 yr |
| JAAAJanus Henderson AAA CLO | $17M | 3.3% | — | 2.3 yr |
| SJNKState Street SPDR Bloomb | $16M | 3.0% | — | 1.8 yr |
| SPMOInvesco S&P 500 Momentum | $13M | 2.6% | — | 0.5 yr |
| GPIXGoldman Sachs S&P 500 Pr | $11M | 2.2% | — | 1.5 yr |
| URAGlobal X - Uranium ETF | $11M | 2.1% | — | 0.3 yr |
| AVEMAvantis Emerging Markets | $11M | 2.1% | — | 1.0 yr |
| AAPLApple Inc. | $10M | 2.0% | +14.7% | 4.5 yr |
| VOXVanguard Communication S | $10M | 2.0% | — | 1.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management68.1%-5.6pp$351M
Asset Management - Bonds7.3%-0.6pp$38M
Semiconductors4.0%+1.4pp$21M
Software - Infrastructure2.6%+0.0pp$14M
Asset Management - Global2.3%$12M
Internet Content & Information2.2%+1.0pp$11M
Consumer Electronics2.0%+0.0pp$10M
Insurance - Diversified1.5%-0.9pp$8M
Auto - Manufacturers1.3%+0.2pp$7M
Specialty Retail0.7%-0.1pp$4M
Country
US99.0%-0.2pp
NL0.4%-0.0pp
Unknown0.3%
CA0.2%-0.1pp
BR0.1%
CH0.1%+0.0pp
UY0.0%
Top 5: 33.8% · Top 10: 50.2% · Top 25: 74.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| NVDA | $5M | +0.00B | 60.9% |
| AMD | $2M | +0.00B | 98.0% |
| TSLA | $4M | +0.00B | 43.4% |
| PLTR | $2M | +0.00B | 73.3% |
| AAPL | $8M | +0.00B | 14.7% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| MSFT | $5M | -0.00B | -0.6% |
Top buys this quarter · 15
| VICR Vicor Corporation | +$2M |
| GLW Corning Incorporatednew | +$1M |
| MSFT Microsoft Corporation | +$6M |
| AMD Advanced Micro Devices, Inc. | +$6M |
| AVGO Broadcom Inc. | +$2M |
| AAPL Apple Inc. | +$10M |
| ALAB Astera Labs, Inc. Common Stocknew | +$0M |
| META Meta Platforms, Inc. | +$3M |
| TSLA Tesla, Inc. | +$7M |
| BKR Baker Hughes Companynew | +$0M |
Top sells this quarter · 15
| ALL The Allstate Corporationexit | −$1M |
| MS Morgan Stanleyexit | −$1M |
| ORCL Oracle Corporationexit | −$0M |
| ETN Eaton Corporation plcexit | −$0M |
| VRTX Vertex Pharmaceuticals Incorpoexit | −$0M |
| BX Blackstone Inc.exit | −$0M |
| COF Capital One Financial Corporatexit | −$0M |
| JNJ Johnson & Johnsonexit | −$0M |
| APP AppLovin Corporationexit | −$0M |
| ISRG Intuitive Surgical, Inc.exit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $515M | 157 | +27.07% | +17.59% | +9.48% | +0.02B |
| 2025-12-31 | $531M | 156 | +24.37% | +17.72% | +6.65% | +0.04B |
| 2025-09-30 | $482M | 132 | +29.77% | +17.52% | +12.25% | +0.01B |
| 2025-06-30 | $420M | 119 | +21.56% | +14.94% | +6.62% | -0.04B |
| 2025-03-31 | $389M | 112 | +8.48% | +8.30% | +0.18% | +0.02B |
| 2024-12-31 | $407M | 104 | +22.66% | +24.89% | -2.23% | -0.01B |
| 2024-09-30 | $387M | 108 | +28.84% | +36.04% | -7.19% | -0.00B |
| 2024-06-30 | $367M | 106 | +19.52% | +24.49% | -4.97% | -0.02B |
| 2024-03-31 | $366M | 111 | +22.72% | +29.62% | -6.90% | +0.02B |
| 2023-12-31 | $340M | 81 | +26.01% | +26.18% | -0.17% | -0.01B |
| 2023-09-30 | $312M | 83 | +13.02% | +21.57% | -8.54% | -0.02B |
| 2023-06-30 | $339M | 90 | +12.31% | +19.42% | -7.12% | -0.01B |
| 2023-03-31 | $327M | 84 | -9.24% | -7.82% | -1.42% | -0.00B |
| 2022-12-31 | $313M | 81 | +1.00% | +7.56% | -6.56% | +0.03B |
| 2022-09-30 | $282M | 81 | -2.25% | -4.93% | +2.68% | +0.00B |
| 2022-06-30 | $285M | 86 | -12.88% | -16.11% | +3.23% | -0.00B |