Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.71%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.94%
steady accumulation
Rally response
-1.86%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| TBLLInvesco Short Term Treas | $26M | 8.4% | — | 2.3 yr |
| PYLDPIMCO Multisector Bond A | $17M | 5.5% | — | 2.3 yr |
| JAAAJanus Henderson AAA CLO | $14M | 4.5% | — | 1.3 yr |
| TFLRT. Rowe Price Floating R | $13M | 4.4% | — | 2.5 yr |
| PVALPutnam Focused Large Cap | $10M | 3.3% | — | 1.3 yr |
| PEMXPutnam Emerging Markets | $9M | 3.0% | — | 1.5 yr |
| AVDEAvantis International Eq | $9M | 2.9% | — | 4.0 yr |
| WTPIWisdomTree Equity Premiu | $9M | 2.9% | — | 2.3 yr |
| SCHXSchwab U.S. Large-Cap ET | $7M | 2.2% | — | 4.0 yr |
| SMIGBahl & Gaynor Small/Mid | $6M | 2.1% | — | 3.5 yr |
| PAVEGlobal X - U.S. Infrastr | $6M | 2.0% | — | 4.0 yr |
| AVUVAvantis U.S. Small Cap V | $6M | 2.0% | — | 4.0 yr |
| IAUMiShares Gold Trust Micro | $6M | 1.9% | — | 3.0 yr |
| BINCiShares Flexible Income | $6M | 1.9% | — | 1.8 yr |
| PPAInvesco Aerospace & Defe | $6M | 1.9% | — | 3.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management62.9%+6.2pp$194M
Asset Management - Leveraged8.7%-4.7pp$27M
Asset Management - Bonds5.6%+0.3pp$17M
Asset Management - Income3.2%-0.3pp$10M
Asset Management - Global2.0%+0.1pp$6M
Software - Infrastructure1.9%-0.3pp$6M
Consumer Electronics1.8%-0.4pp$6M
Internet Content & Information1.8%+0.2pp$6M
Semiconductors1.7%+0.3pp$5M
Drug Manufacturers - General1.0%-0.1pp$3M
Country
US99.5%-0.1pp
IE0.4%+0.0pp
Unknown0.1%
CA0.0%+0.0pp
Top 5: 26.1% · Top 10: 39.2% · Top 25: 65.0%
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| MSFT | $4M | -0.00B | -0.6% |
Top buys this quarter · 15
| MSFT Microsoft Corporation | +$4M |
| ABBV AbbVie Inc. | +$0M |
| ARCC Ares Capital Corporation | +$0M |
| GBDC Golub Capital BDC, Inc. | +$0M |
| V Visa Inc. | +$1M |
| AVGO Broadcom Inc. | +$3M |
| TMO Thermo Fisher Scientific Inc. | +$1M |
| ORCL Oracle Corporation | +$1M |
| LOW Lowe's Companies, Inc. | +$0M |
| ETN Eaton Corporation plc | +$0M |
Top sells this quarter · 15
| NVDA NVIDIA Corporation | −$0M |
| MA Mastercard Incorporatedexit | −$0M |
| IBM International Business Machineexit | −$0M |
| CVX Chevron Corporation | −$1M |
| AMZN Amazon.com, Inc. | −$0M |
| LMT Lockheed Martin Corporation | −$1M |
| WMT Walmart Inc. | −$1M |
| NEE NextEra Energy, Inc. | −$2M |
| COST Costco Wholesale Corporation | −$1M |
| PFE Pfizer Inc. | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $309M | 132 | +18.48% | +17.59% | +0.89% | +0.02B |
| 2025-12-31 | $302M | 131 | +17.70% | +17.72% | -0.01% | +0.00B |
| 2025-09-30 | $296M | 129 | +19.78% | +17.52% | +2.27% | -0.01B |
| 2025-06-30 | $275M | 122 | +16.71% | +14.94% | +1.76% | -0.01B |
| 2025-03-31 | $255M | 126 | +9.54% | +8.30% | +1.23% | +0.02B |
| 2024-12-31 | $254M | 118 | +23.87% | +24.89% | -1.01% | -0.00B |
| 2024-09-30 | $250M | 121 | +31.72% | +36.04% | -4.31% | +0.03B |
| 2024-06-30 | $209M | 117 | +17.59% | +24.49% | -6.91% | +0.01B |
| 2024-03-31 | $191M | 119 | +22.89% | +29.62% | -6.73% | +0.01B |
| 2023-12-31 | $167M | 116 | +23.45% | +26.18% | -2.73% | +0.01B |
| 2023-09-30 | $140M | 102 | +17.52% | +21.57% | -4.04% | +0.00B |
| 2023-06-30 | $143M | 111 | +17.62% | +19.42% | -1.80% | +0.00B |
| 2023-03-31 | $129M | 107 | +7.23% | +7.46% | -0.22% | -0.04B |
| 2022-12-31 | $159M | 110 | +4.64% | +7.56% | -2.92% | -0.01B |
| 2022-09-30 | $165M | 665 | -4.28% | -4.93% | +0.65% | +0.00B |
| 2022-06-30 | $172M | 665 | — | — | — | — |