Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-5.45%
trims when stocks drop
when a holding falls −10%+
Middle response
-3.48%
baseline attrition
Rally response
-7.47%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| GJANFT Vest U.S. Equity Mode | $13M | 4.4% | — | 1.3 yr |
| NVDANVIDIA Corporation | $9M | 3.1% | +60.9% | 5.0 yr |
| SPLGSPDR Portfolio S&P 500 E | $7M | 2.4% | — | 5.3 yr |
| PJANInnovator U.S. Equity Po | $7M | 2.2% | — | 3.3 yr |
| TPRTapestry, Inc. | $6M | 1.9% | +103.3% | 1.8 yr |
| LRCXLam Research Corporation | $6M | 1.9% | +196.1% | 1.3 yr |
| STXSeagate Technology Holdi | $5M | 1.7% | +366.3% | 3.5 yr |
| LLYEli Lilly and Company | $5M | 1.6% | +12.2% | 5.3 yr |
| VZVerizon Communications I | $5M | 1.6% | +16.5% | 5.3 yr |
| JNJJohnson & Johnson | $5M | 1.5% | +51.5% | 5.3 yr |
| PMPhilip Morris Internatio | $4M | 1.5% | +7.9% | 5.3 yr |
| AMGNAmgen Inc. | $4M | 1.5% | +16.5% | 5.3 yr |
| SPDWState Street SPDR Portfo | $4M | 1.4% | — | 5.3 yr |
| MCDMcDonald's Corporation | $4M | 1.4% | +1.8% | 5.3 yr |
| LOWLowe's Companies, Inc. | $4M | 1.4% | +3.4% | 5.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management22.5%-1.0pp$67M
Semiconductors8.8%+4.6pp$26M
Drug Manufacturers - General6.9%-1.8pp$21M
Asset Management - Bonds4.1%+1.2pp$12M
Tobacco3.7%-0.1pp$11M
Computer Hardware3.1%+1.3pp$9M
Home Improvement2.7%+0.9pp$8M
Gold2.6%+1.7pp$8M
Travel Services2.3%-2.2pp$7M
Hardware, Equipment & Parts2.3%+1.8pp$7M
Country
US89.9%-0.9pp
GB2.5%+0.4pp
SG1.7%+0.5pp
ZA1.4%+0.5pp
BM1.0%+0.2pp
IE0.8%-0.0pp
PA0.7%+0.0pp
CA0.5%+0.1pp
Top 5: 14.1% · Top 10: 22.4% · Top 25: 41.9%
Top buys this quarter · 15
| SNDK Sandisk Corporationnew | +$3M |
| STX Seagate Technology Holdings pl | +$3M |
| GOOG Alphabet Inc. | +$3M |
| DINO HF Sinclair Corporationnew | +$3M |
| TRGP Targa Resources Corp. | +$2M |
| IRDM Iridium Communications Inc.new | +$2M |
| FSLY Fastly, Inc.new | +$2M |
| MU Micron Technology, Inc. | +$1M |
| DAR Darling Ingredients Inc.new | +$1M |
| BE Bloom Energy Corporationnew | +$1M |
Top sells this quarter · 15
| PLTR Palantir Technologies Inc.exit | −$4M |
| APA APA Corporation | −$3M |
| HAS Hasbro, Inc. | −$3M |
| CTRA Coterra Energy Inc.exit | −$3M |
| JD JD.com, Inc.exit | −$2M |
| DK Delek US Holdings, Inc.exit | −$2M |
| TEVA Teva Pharmaceutical Industries | −$2M |
| HOOD Robinhood Markets, Inc.exit | −$2M |
| OSPN OneSpan Inc.exit | −$1M |
| LC LendingClub Corporationexit | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $298M | 190 | +29.91% | +17.59% | +12.32% | +0.01B |
| 2025-12-31 | $289M | 195 | +28.55% | +17.72% | +10.83% | +0.00B |
| 2025-09-30 | $276M | 196 | +35.41% | +17.52% | +17.89% | -0.00B |
| 2025-06-30 | $254M | 193 | +31.34% | +14.94% | +16.39% | -0.00B |
| 2025-03-31 | $224M | 179 | +18.02% | +8.30% | +9.71% | +0.01B |
| 2024-12-31 | $216M | 181 | +29.05% | +24.89% | +4.16% | +0.14B |
| 2024-09-30 | $71M | 82 | +30.92% | +36.04% | -5.12% | -0.14B |
| 2024-06-30 | $194M | 173 | +20.16% | +24.49% | -4.33% | -0.00B |
| 2024-03-31 | $191M | 174 | +22.08% | +29.62% | -7.55% | +0.01B |
| 2023-12-31 | $165M | 159 | +16.38% | +26.18% | -9.80% | -0.00B |
| 2023-09-30 | $150M | 150 | +15.47% | +21.57% | -6.10% | -0.00B |
| 2023-06-30 | $156M | 160 | +12.53% | +19.42% | -6.89% | -0.00B |
| 2023-03-31 | $153M | 155 | -0.84% | -7.82% | +6.98% | +0.00B |
| 2022-12-31 | $146M | 164 | +9.73% | +7.56% | +2.17% | +0.00B |
| 2022-09-30 | $129M | 153 | -4.00% | -4.93% | +0.93% | -0.00B |
| 2022-06-30 | $138M | 150 | -9.00% | -16.11% | +7.11% | -0.00B |