Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-0.24%
trims when stocks drop
when a holding falls −10%+
Middle response
-2.02%
baseline attrition
Rally response
-3.48%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $45M | 7.6% | +60.9% | 3.8 yr |
| TSLATesla, Inc. | $45M | 7.6% | +43.4% | 3.5 yr |
| MSFTMicrosoft Corporation | $21M | 3.5% | -0.6% | 3.8 yr |
| FTSMFirst Trust Enhanced Sho | $18M | 3.1% | — | 3.3 yr |
| AAPLApple Inc. | $18M | 3.0% | +14.7% | 3.8 yr |
| AMDAdvanced Micro Devices, | $17M | 2.8% | +98.0% | 3.8 yr |
| GOOGAlphabet Inc. | $13M | 2.2% | +84.3% | 3.8 yr |
| SPYState Street SPDR S&P 50 | $12M | 2.0% | +17.6% | 3.8 yr |
| AMZNAmazon.com, Inc. | $12M | 2.0% | +9.5% | 3.8 yr |
| METAMeta Platforms, Inc. | $10M | 1.7% | -0.4% | 3.8 yr |
| TSMTaiwan Semiconductor Man | $9M | 1.5% | +105.6% | 3.8 yr |
| VTIVanguard Total Stock Mar | $8M | 1.4% | — | 2.0 yr |
| VOOVanguard S&P 500 ETF | $8M | 1.3% | — | 3.8 yr |
| BRK-BBerkshire Hathaway Inc. | $7M | 1.2% | — | 3.8 yr |
| PLTRPalantir Technologies In | $7M | 1.1% | +73.3% | 2.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management28.0%-1.2pp$167M
Semiconductors15.5%+1.6pp$92M
Auto - Manufacturers7.6%-0.3pp$45M
Software - Infrastructure5.5%-1.3pp$33M
Internet Content & Information5.0%+0.4pp$30M
Asset Management - Leveraged3.7%+3.0pp$22M
Consumer Electronics3.0%-0.7pp$18M
Asset Management - Income2.2%+0.6pp$13M
Insurance - Diversified2.2%-0.9pp$13M
Specialty Retail2.1%-1.0pp$12M
Country
US94.8%+0.1pp
TW1.5%+0.2pp
NL0.8%-0.2pp
CA0.7%+0.4pp
Unknown0.7%-0.7pp
IE0.5%-0.1pp
GB0.3%+0.1pp
RU0.2%
Top 5: 24.8% · Top 10: 35.5% · Top 25: 52.0%
Top buys this quarter · 15
| APP AppLovin Corporation | +$5M |
| LMT Lockheed Martin Corporation | +$1M |
| KTOS Kratos Defense & Security Solu | +$0M |
| LIN Linde plcnew | +$0M |
| AVAV AeroVironment, Inc.new | +$0M |
| WMT Walmart Inc. | +$0M |
| CVX Chevron Corporation | +$0M |
| PLTR Palantir Technologies Inc. | +$7M |
| VZ Verizon Communications Inc. | +$0M |
| ESLT Elbit Systems Ltd.new | +$0M |
Top sells this quarter · 15
| SPY State Street SPDR S&P 500 ETF | −$1M |
| MU Micron Technology, Inc. | −$1M |
| NVDA NVIDIA Corporation | −$1M |
| TSM Taiwan Semiconductor Manufactu | −$9M |
| STRL Sterling Infrastructure, Inc. | −$5M |
| NEE NextEra Energy, Inc. | −$1M |
| ASML ASML Holding N.V. | −$4M |
| JPM JPMorgan Chase & Co. | −$0M |
| VRT Vertiv Holdings Co | −$4M |
| AA Alcoa Corporationexit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $594M | 412 | +39.79% | +17.59% | +22.20% | +0.03B |
| 2025-12-31 | $602M | 389 | +29.19% | +17.72% | +11.47% | +0.01B |
| 2025-09-30 | $577M | 360 | +40.53% | +17.52% | +23.01% | -0.01B |
| 2025-06-30 | $497M | 332 | +27.08% | +14.94% | +12.14% | -0.01B |
| 2025-03-31 | $412M | 281 | +5.64% | +8.30% | -2.66% | +0.03B |
| 2024-12-31 | $436M | 291 | +28.60% | +24.89% | +3.71% | -0.01B |
| 2024-09-30 | $400M | 285 | +29.56% | +36.04% | -6.47% | -0.00B |
| 2024-06-30 | $377M | 263 | +17.47% | +24.49% | -7.03% | +0.06B |
| 2024-03-31 | $314M | 247 | +31.17% | +29.62% | +1.54% | -0.00B |
| 2023-12-31 | $299M | 234 | +49.85% | +26.18% | +23.67% | +0.00B |
| 2023-09-30 | $265M | 230 | +20.91% | +21.57% | -0.66% | -0.01B |
| 2023-06-30 | $285M | 248 | +13.63% | +8.68% | +4.94% | -0.01B |
| 2023-03-31 | $263M | 245 | +21.37% | +7.46% | +13.91% | -0.00B |
| 2022-12-31 | $220M | 228 | -8.90% | +7.56% | -16.46% | +0.01B |
| 2022-09-30 | $225M | 204 | — | — | — | — |