Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-9.58%
trims when stocks drop
when a holding falls −10%+
Middle response
-3.46%
baseline attrition
Rally response
-4.04%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $15M | 16.3% | +49.3% | 2.5 yr |
| GOOGAlphabet Inc. | $7M | 7.5% | +89.9% | 2.5 yr |
| KMIKinder Morgan, Inc. | $7M | 7.5% | +100.7% | 2.5 yr |
| JPMJPMorgan Chase & Co. | $7M | 7.2% | +52.5% | 2.5 yr |
| MSFTMicrosoft Corporation | $6M | 6.2% | -10.7% | 2.5 yr |
| QYLDGlobal X - Nasdaq 100 Co | $4M | 3.8% | — | 2.5 yr |
| HDThe Home Depot, Inc. | $3M | 3.6% | -9.9% | 2.5 yr |
| CTASCintas Corporation | $3M | 3.4% | +0.1% | 2.5 yr |
| VRTXVertex Pharmaceuticals I | $3M | 3.3% | +6.8% | 2.5 yr |
| GOOGLAlphabet Inc. | $3M | 3.0% | — | 2.5 yr |
| EPDEnterprise Products Part | $3M | 3.0% | +48.9% | 2.5 yr |
| HONHoneywell International | $2M | 2.4% | +14.7% | 2.5 yr |
| LNGCheniere Energy, Inc. | $2M | 2.4% | +79.4% | 2.5 yr |
| — | $2M | 2.1% | — | 2.5 yr |
| CVXChevron Corporation | $2M | 2.0% | +43.0% | 2.5 yr |
Portfolio composition (YoY)
Industry mix
Consumer Electronics16.3%+1.7pp$15M
Oil & Gas Midstream12.8%+2.6pp$12M
Internet Content & Information10.5%+2.6pp$10M
Software - Infrastructure8.3%-1.2pp$8M
Banks - Diversified7.4%+1.7pp$7M
Asset Management - Global5.5%+1.2pp$5M
Unknown4.5%+0.4pp$4M
Home Improvement3.6%-1.0pp$3M
Specialty Business Services3.4%-1.3pp$3M
Semiconductors3.4%+0.4pp$3M
Country
US94.5%-1.2pp
Unknown4.5%+0.4pp
JE0.4%
CA0.3%+0.1pp
GB0.2%
Top 5: 44.6% · Top 10: 61.8% · Top 25: 87.8%
Top buys this quarter · 15
| LNG Cheniere Energy, Inc. | +$6M |
| AMZN Amazon.com, Inc. | +$1M |
| BE Bloom Energy Corporationnew | +$0M |
| CMCL Caledonia Mining Corporation Pnew | +$0M |
| CLS Celestica Inc.new | +$0M |
| PANW Palo Alto Networks, Inc.new | +$0M |
| BTI British American Tobacco p.l.cnew | +$0M |
| TTMI TTM Technologies, Inc.new | +$0M |
| POWL Powell Industries, Inc. | +$0M |
| WMT Walmart Inc. | +$0M |
Top sells this quarter · 15
| AAPL Apple Inc. | −$5M |
| GOOG Alphabet Inc. | −$6M |
| KMI Kinder Morgan, Inc. | −$3M |
| MSFT Microsoft Corporation | −$2M |
| CTVA Corteva, Inc.exit | −$1M |
| CQP Cheniere Energy Partners, L.P.exit | −$1M |
| EPD Enterprise Products Partners L | −$1M |
| VRTX Vertex Pharmaceuticals Incorpo | −$1M |
| CTAS Cintas Corporation | −$1M |
| TMO Thermo Fisher Scientific Inc. | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $94M | 54 | +31.22% | +8.19% | +23.04% | -0.02B |
| 2024-12-31 | $103M | 54 | +28.78% | +24.89% | +3.90% | -0.01B |
| 2024-09-30 | $109M | 56 | +36.29% | +32.43% | +3.86% | -0.00B |
| 2024-06-30 | $106M | 56 | +39.70% | +34.57% | +5.13% | -0.00B |
| 2024-03-31 | $102M | 57 | +39.13% | +38.67% | +0.46% | +0.00B |
| 2023-06-30 | $88M | 52 | +21.49% | +19.42% | +2.07% | +0.00B |
| 2023-03-31 | $79M | 48 | +6.87% | +7.46% | -0.59% | +0.00B |
| 2022-12-31 | $73M | 46 | +6.73% | +7.56% | -0.83% | -0.00B |
| 2022-09-30 | $71M | 47 | -2.37% | -4.93% | +2.56% | +0.00B |
| 2022-06-30 | $72M | 50 | — | — | — | — |