Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+4.20%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.40%
steady accumulation
Rally response
-0.64%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AGGiShares Core U.S. Aggreg | $8M | 6.9% | — | 2.3 yr |
| FSKFS KKR Capital Corp. | $6M | 5.1% | -42.4% | 2.5 yr |
| VEAVanguard FTSE Developed | $5M | 4.7% | — | 2.5 yr |
| XDSQInnovator U.S. Equity Ac | $5M | 4.6% | — | 2.0 yr |
| BUFRFT Vest Laddered Buffer | $5M | 4.4% | — | 2.3 yr |
| VWOVanguard FTSE Emerging M | $4M | 3.9% | — | 2.5 yr |
| USFRWisdomTree Floating Rate | $4M | 3.6% | — | 2.5 yr |
| VONGVanguard Russell 1000 Gr | $3M | 3.0% | — | 2.5 yr |
| SCHISchwab 5-10 Year Corpora | $2M | 2.2% | — | 2.3 yr |
| FDIVMarketDesk Focused U.S. | $2M | 2.2% | — | 2.0 yr |
| VONVVanguard Russell 1000 Va | $2M | 2.1% | — | 2.5 yr |
| MTBASimplify MBS ETF | $2M | 2.0% | — | 2.5 yr |
| BUFFInnovator Laddered Alloc | $2M | 1.8% | — | 2.5 yr |
| SPTLState Street SPDR Portfo | $2M | 1.8% | — | 2.3 yr |
| SMMDiShares Russell 2500 ETF | $2M | 1.7% | — | 2.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management70.5%-0.6pp$80M
Asset Management - Bonds3.7%-2.5pp$4M
Software - Application3.1%+2.4pp$4M
Software - Infrastructure2.9%+1.9pp$3M
Asset Management - Income1.8%+0.6pp$2M
Semiconductors1.6%-0.3pp$2M
Aerospace & Defense1.2%+0.5pp$1M
Biotechnology1.1%+1.1pp$1M
Oil & Gas Equipment & Services0.9%+0.5pp$1M
Auto - Manufacturers0.9%+0.4pp$1M
Country
US94.5%-3.7pp
CA2.7%+1.1pp
GB0.8%
IE0.7%+0.4pp
Unknown0.7%
FR0.4%
IL0.3%
Top 5: 25.7% · Top 10: 40.5% · Top 25: 64.2%
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| FSK | $2M | -0.00B | -42.4% |
Top buys this quarter · 15
| FSK FS KKR Capital Corp. | +$2M |
| STRK MicroStrategy Incorporatednew | +$2M |
| FHI Federated Hermes, Inc.new | +$1M |
| FTI TechnipFMC plcnew | +$1M |
| CALM Cal-Maine Foods, Inc.new | +$1M |
| OII Oceaneering International, Incnew | +$1M |
| MSTR Strategy Inc | +$0M |
| CSTM Constellium SEnew | +$0M |
| HALO Halozyme Therapeutics, Inc.new | +$0M |
| FTNT Fortinet, Inc.new | +$0M |
Top sells this quarter · 15
| CRWV CoreWeave, Inc. Class A Common | −$2M |
| NVDA NVIDIA Corporation | −$1M |
| SLB SLB N.V.exit | −$1M |
| EA Electronic Arts Inc.exit | −$1M |
| NYT The New York Times Companyexit | −$1M |
| AAPL Apple Inc. | −$1M |
| AVGO Broadcom Inc.exit | −$1M |
| 0HQN.L Cboe Global Markets, Inc.exit | −$1M |
| THC Tenet Healthcare Corporationexit | −$1M |
| WAB Westinghouse Air Brake Technolexit | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $113M | 118 | +1.76% | +17.59% | -15.83% | -0.04B |
| 2025-12-31 | $165M | 142 | +3.96% | +17.72% | -13.75% | +0.00B |
| 2025-09-30 | $176M | 150 | +14.08% | +17.52% | -3.43% | +0.03B |
| 2025-06-30 | $142M | 143 | +15.64% | +14.94% | +0.70% | -0.01B |
| 2025-03-31 | $139M | 124 | +4.11% | +8.30% | -4.20% | +0.02B |
| 2024-12-31 | $122M | 106 | +14.63% | +24.89% | -10.26% | -0.01B |
| 2024-09-30 | $127M | 110 | +6.03% | +5.75% | +0.28% | -0.01B |
| 2024-06-30 | $130M | 113 | -0.47% | +4.38% | -4.84% | +0.01B |
| 2024-03-31 | $124M | 102 | +6.01% | +10.39% | -4.38% | +0.01B |
| 2023-12-31 | $112M | 82 | — | — | — | — |