Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+12.32%
adds when stocks drop
when a holding falls −10%+
Middle response
+3.27%
steady accumulation
Rally response
-3.87%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| MSTRStrategy Inc | $334M | 5.5% | -56.7% | 1.3 yr |
| LLYEli Lilly and Company | $254M | 4.2% | +12.2% | 3.5 yr |
| NVDANVIDIA Corporation | $248M | 4.1% | +60.9% | 3.5 yr |
| TLTiShares 20+ Year Treasur | $238M | 3.9% | — | 2.8 yr |
| TSLATesla, Inc. | $220M | 3.6% | +43.4% | 1.3 yr |
| IEFiShares 7-10 Year Treasu | $181M | 3.0% | — | 2.3 yr |
| MSFTMicrosoft Corporation | $175M | 2.9% | -0.6% | 3.5 yr |
| AMZNAmazon.com, Inc. | $155M | 2.6% | +9.5% | 1.8 yr |
| PLTRPalantir Technologies In | $154M | 2.5% | +73.3% | 1.3 yr |
| AVGOBroadcom Inc. | $151M | 2.5% | +86.0% | 3.5 yr |
| AAPLApple Inc. | $147M | 2.4% | +14.7% | 3.5 yr |
| GOOGLAlphabet Inc. | $144M | 2.4% | — | 3.5 yr |
| METAMeta Platforms, Inc. | $120M | 2.0% | -0.4% | 3.5 yr |
| AMDAdvanced Micro Devices, | $119M | 2.0% | +98.0% | 3.5 yr |
| COSTCostco Wholesale Corpora | $94M | 1.5% | +5.9% | 2.0 yr |
Portfolio composition (YoY)
Industry mix
Drug Manufacturers - General13.8%-1.2pp$839M
Semiconductors9.8%+1.7pp$592M
Software - Infrastructure7.5%+2.6pp$455M
Software - Application7.3%+2.7pp$445M
Asset Management - Bonds7.1%-7.3pp$430M
Internet Content & Information5.1%+2.7pp$310M
Medical - Devices5.0%-3.0pp$302M
Auto - Manufacturers3.6%+2.4pp$220M
Medical - Diagnostics & Research2.9%-1.5pp$174M
Banks - Diversified2.7%+0.3pp$164M
Country
US86.5%-3.0pp
CA7.9%+4.9pp
GB1.8%+1.0pp
IE1.6%-1.1pp
CH1.1%-0.5pp
SG0.4%+0.4pp
Unknown0.2%-1.7pp
FR0.1%-0.0pp
Top 5: 21.4% · Top 10: 34.8% · Top 25: 57.7%
Top buys this quarter · 15
| AZN AstraZeneca PLCnew | +$74M |
| MSTR Strategy Inc | +$71M |
| MSFT Microsoft Corporation | +$53M |
| AMZN Amazon.com, Inc. | +$33M |
| NVDA NVIDIA Corporation | +$28M |
| PLTR Palantir Technologies Inc. | +$154M |
| LLY Eli Lilly and Company | +$254M |
| AVGO Broadcom Inc. | +$26M |
| STX Seagate Technology Holdings plnew | +$25M |
| NFLX Netflix, Inc. | +$23M |
Top sells this quarter · 15
| ADBE Adobe Inc.exit | −$20M |
| MU Micron Technology, Inc. | −$18M |
| AMAT Applied Materials, Inc. | −$15M |
| TXN Texas Instruments Incorporated | −$9M |
| BMY Bristol-Myers Squibb Company | −$71M |
| REGN Regeneron Pharmaceuticals, Inc | −$7M |
| NVS Novartis AG | −$68M |
| JNJ Johnson & Johnson | −$69M |
| MRK Merck & Co., Inc. | −$71M |
| HUT.TO Hut 8 Mining Corp.exit | −$4M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $6.06B | 259 | +6.09% | +17.59% | -11.50% | +0.71B |
| 2025-12-31 | $5.75B | 254 | +12.85% | +17.72% | -4.87% | +0.40B |
| 2025-09-30 | $5.42B | 256 | +10.89% | +17.52% | -6.63% | +0.86B |
| 2025-06-30 | $4.30B | 253 | +12.30% | +14.94% | -2.64% | +0.62B |
| 2025-03-31 | $3.39B | 241 | +3.63% | +8.30% | -4.67% | +0.42B |
| 2024-12-31 | $3.00B | 232 | +12.81% | +24.89% | -12.08% | +0.07B |
| 2024-09-30 | $3.01B | 241 | +30.16% | +36.04% | -5.88% | +0.20B |
| 2024-06-30 | $2.62B | 239 | +17.24% | +24.49% | -7.25% | +0.04B |
| 2024-03-31 | $2.56B | 224 | +22.97% | +29.62% | -6.65% | +0.02B |
| 2023-12-31 | $2.36B | 218 | +19.88% | +26.18% | -6.30% | -0.06B |
| 2023-09-30 | $2.16B | 231 | -3.13% | -3.22% | +0.09% | +0.05B |
| 2023-06-30 | $2.18B | 215 | +5.34% | +8.68% | -3.34% | +0.03B |
| 2023-03-31 | $2.04B | 223 | +4.92% | +7.46% | -2.54% | +0.21B |
| 2022-12-31 | $1.74B | 178 | — | — | — | — |