Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+4.01%
adds when stocks drop
when a holding falls −10%+
Middle response
-3.80%
baseline attrition
Rally response
-0.15%
trims into rallies
when a holding rises +10%+
Top positions · 12
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| SIISprott Inc. | $79M | 28.6% | +224.0% | 2.0 yr |
| JOEThe St. Joe Company | $42M | 15.4% | +35.3% | 3.3 yr |
| UTIUniversal Technical Inst | $36M | 13.1% | +40.6% | 0.3 yr |
| MPCMarathon Petroleum Corpo | $23M | 8.4% | +71.2% | 0.8 yr |
| — | $22M | 8.1% | — | 0.8 yr |
| XPXP Inc. | $19M | 6.9% | +39.9% | 1.5 yr |
| LRNStride, Inc. | $18M | 6.4% | -30.3% | 0.5 yr |
| VLOValero Energy Corporatio | $15M | 5.4% | +92.6% | 0.8 yr |
| FUTUFutu Holdings Limited | $6M | 2.2% | +33.6% | 0.3 yr |
| — | $6M | 2.2% | — | 0.8 yr |
| LINCLincoln Educational Serv | $6M | 2.1% | +156.3% | 0.3 yr |
| RKTRocket Companies, Inc. | $3M | 1.0% | +18.1% | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management28.6%+16.6pp$79M
Education & Training Services21.6%+19.6pp$59M
Real Estate - Diversified15.4%-2.4pp$42M
Oil & Gas Refining & Marketing13.8%$38M
Unknown10.3%+8.3pp$28M
Financial - Capital Markets9.2%-4.7pp$25M
Financial - Mortgages1.0%$3M
Country
US51.9%+0.1pp
CA28.6%+15.3pp
Unknown10.3%+8.3pp
BR6.9%-0.6pp
HK2.2%
Top 5: 73.7% · Top 10: 96.9% · Top 25: 100.0%
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $275M | 12 | +65.98% | +17.59% | +48.39% | +0.01B |
| 2025-12-31 | $206M | 16 | +21.63% | +17.72% | +3.91% | +0.04B |
| 2025-09-30 | $165M | 12 | -3.25% | +17.52% | -20.77% | +0.05B |
| 2025-06-30 | $108M | 9 | -13.85% | +14.94% | -28.79% | -0.14B |
| 2025-03-31 | $220M | 18 | -25.66% | +8.30% | -33.96% | -0.01B |
| 2024-12-31 | $245M | 19 | -18.56% | +24.89% | -43.45% | +0.04B |
| 2024-09-30 | $255M | 13 | +3.77% | +36.04% | -32.27% | -0.01B |
| 2024-06-30 | $272M | 16 | +14.14% | +24.49% | -10.35% | -0.03B |
| 2024-03-31 | $313M | 20 | +34.97% | +29.62% | +5.35% | +0.10B |
| 2023-12-31 | $202M | 12 | +4.80% | +11.64% | -6.84% | -0.00B |
| 2023-09-30 | $196M | 24 | +7.37% | -3.22% | +10.59% | +0.02B |
| 2023-06-30 | $165M | 25 | +14.53% | +8.68% | +5.85% | +0.01B |
| 2023-03-31 | $135M | 15 | — | — | — | — |