Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.63%
trims when stocks drop
when a holding falls −10%+
Middle response
-15.62%
baseline attrition
Rally response
-17.87%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| BKThe Bank of New York Mel | $3M | 1.7% | +44.4% | 1.8 yr |
| PPLPPL Corporation | $3M | 1.6% | +9.1% | 1.3 yr |
| PHParker-Hannifin Corporat | $3M | 1.6% | +48.6% | 1.5 yr |
| ADIAnalog Devices, Inc. | $3M | 1.5% | +60.2% | 1.5 yr |
| TFCTruist Financial Corpora | $3M | 1.5% | +17.1% | 1.3 yr |
| BACBank of America Corporat | $3M | 1.4% | +19.4% | 1.3 yr |
| LNTAlliant Energy Corporati | $3M | 1.3% | +15.1% | 1.3 yr |
| JNJJohnson & Johnson | $3M | 1.2% | +51.5% | 2.0 yr |
| SYKStryker Corporation | $2M | 1.2% | -11.1% | 1.0 yr |
| SOThe Southern Company | $2M | 1.2% | +8.4% | 1.5 yr |
| HALHalliburton Company | $2M | 1.1% | +57.9% | 1.0 yr |
| COPConocoPhillips | $2M | 1.1% | +30.0% | 2.0 yr |
| TMOThermo Fisher Scientific | $2M | 1.1% | -0.9% | 2.0 yr |
| PNWPinnacle West Capital Co | $2M | 1.1% | +10.0% | 2.3 yr |
| AMEAMETEK, Inc. | $2M | 1.1% | +25.3% | 2.0 yr |
Portfolio composition (YoY)
Industry mix
Regulated Electric11.2%+6.4pp$23M
Banks - Regional8.2%+0.3pp$17M
Industrial - Machinery4.2%-0.9pp$8M
Oil & Gas Exploration & Production3.0%+0.3pp$6M
Asset Management2.8%+1.1pp$6M
Banks - Diversified2.5%-0.4pp$5M
Drug Manufacturers - General2.4%+1.1pp$5M
Semiconductors2.3%+0.7pp$5M
Medical - Devices2.2%+0.3pp$4M
Insurance - Property & Casualty2.1%-0.7pp$4M
Country
US95.5%-1.1pp
Unknown1.4%+1.0pp
IE1.1%-0.3pp
BM0.8%
CH0.7%+0.5pp
GB0.3%-1.1pp
CA0.2%
Top 5: 7.9% · Top 10: 14.3% · Top 25: 28.7%
Top buys this quarter · 15
| BAC Bank of America Corporation | +$3M |
| SYK Stryker Corporation | +$2M |
| TMO Thermo Fisher Scientific Inc. | +$2M |
| PH Parker-Hannifin Corporation | +$2M |
| LMT Lockheed Martin Corporation | +$2M |
| COP ConocoPhillips | +$2M |
| F-PD Ford Motor Company 6.500% Note | +$2M |
| IDA IDACORP, Inc.new | +$1M |
| NUE Nucor Corporation | +$1M |
| CPRT Copart, Inc. | +$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $203M | 291 | +19.44% | +17.59% | +1.85% | -0.09B |
| 2025-12-31 | $278M | 296 | +14.64% | +17.72% | -3.08% | -0.22B |
| 2025-09-30 | $487M | 599 | +13.72% | +17.52% | -3.80% | +0.01B |
| 2025-06-30 | $456M | 441 | +19.97% | +14.94% | +5.03% | +0.24B |
| 2025-03-31 | $202M | 321 | +16.49% | +8.30% | +8.19% | +0.07B |
| 2024-12-31 | $134M | 246 | +27.54% | +24.89% | +2.66% | -0.04B |
| 2024-09-30 | $176M | 282 | +34.26% | +36.04% | -1.77% | +0.03B |
| 2024-06-30 | $133M | 220 | +17.77% | +24.49% | -6.72% | -0.05B |
| 2024-03-31 | $174M | 233 | +18.54% | +29.62% | -11.08% | +0.02B |
| 2023-12-31 | $140M | 193 | +7.78% | +26.18% | -18.40% | -0.03B |
| 2023-09-30 | $158M | 221 | -2.86% | -3.22% | +0.36% | +0.05B |
| 2023-06-30 | $112M | 178 | +3.52% | +8.68% | -5.16% | +0.03B |
| 2023-03-31 | $78M | 147 | +0.01% | +7.46% | -7.45% | +0.05B |
| 2022-12-31 | $33M | 88 | — | — | — | — |