Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-4.71%
trims when stocks drop
when a holding falls −10%+
Middle response
-14.80%
baseline attrition
Rally response
-11.02%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| STXSeagate Technology Holdi | $15M | 10.6% | +366.3% | 1.5 yr |
| LITELumentum Holdings Inc. | $13M | 9.5% | +1027.3% | 1.0 yr |
| FIVEFive Below, Inc. | $9M | 6.3% | +204.9% | 1.3 yr |
| HALOHalozyme Therapeutics, I | $8M | 5.3% | +1.3% | 1.5 yr |
| AMZNAmazon.com, Inc. | $7M | 5.0% | +9.5% | 1.5 yr |
| TWLOTwilio Inc. | $7M | 4.9% | +28.5% | 1.3 yr |
| NFLXNetflix, Inc. | $6M | 4.1% | +3.1% | 1.5 yr |
| MODModine Manufacturing Com | $6M | 4.0% | +182.4% | 1.5 yr |
| ATEXAnterix Inc. | $5M | 3.6% | +4.3% | 0.3 yr |
| WWayfair Inc. | $5M | 3.5% | +134.8% | 1.0 yr |
| LLYEli Lilly and Company | $5M | 3.4% | +12.2% | 1.5 yr |
| ETONEton Pharmaceuticals, In | $5M | 3.2% | +90.1% | 0.3 yr |
| NVDANVIDIA Corporation | $4M | 3.1% | +60.9% | 1.5 yr |
| LNGCheniere Energy, Inc. | $4M | 3.0% | +23.8% | 0.3 yr |
| BOOTBoot Barn Holdings, Inc. | $4M | 2.9% | +36.2% | 1.0 yr |
Portfolio composition (YoY)
Industry mix
Computer Hardware10.6%-6.2pp$15M
Biotechnology9.5%-4.3pp$13M
Communication Equipment9.5%$13M
Specialty Retail8.5%+3.4pp$12M
Semiconductors7.2%+2.7pp$10M
Discount Stores6.3%+5.6pp$9M
Auto - Parts6.2%+3.8pp$9M
Software - Infrastructure4.9%+0.2pp$7M
Software - Application4.1%+0.9pp$6M
Entertainment4.1%-1.6pp$6M
Country
US87.9%+10.1pp
SG10.6%-3.4pp
BM0.9%
Unknown0.4%
IL0.2%
Top 5: 36.6% · Top 10: 56.7% · Top 25: 90.9%
Top buys this quarter · 15
| ATEX Anterix Inc.new | +$5M |
| ETON Eton Pharmaceuticals, Inc.new | +$5M |
| LNG Cheniere Energy, Inc.new | +$4M |
| ON ON Semiconductor Corporationnew | +$4M |
| KRUS Kura Sushi USA, Inc.new | +$3M |
| NFLX Netflix, Inc. | +$3M |
| MEC Mayville Engineering Company, new | +$3M |
| WOLF Wolfspeed, Inc.new | +$2M |
| PRCH Porch Group, Inc.new | +$2M |
| TWLO Twilio Inc. | +$2M |
Top sells this quarter · 15
| LITE Lumentum Holdings Inc. | −$23M |
| NVDA NVIDIA Corporation | −$13M |
| STX Seagate Technology Holdings pl | −$15M |
| MOD Modine Manufacturing Company | −$5M |
| GOOG Alphabet Inc.exit | −$5M |
| C Citigroup Inc.exit | −$4M |
| ROST Ross Stores, Inc.exit | −$3M |
| BRZE Braze, Inc.exit | −$3M |
| FIVE Five Below, Inc. | −$2M |
| AFRM Affirm Holdings, Inc.exit | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $142M | 38 | +82.61% | +17.59% | +65.02% | -0.05B |
| 2025-12-31 | $175M | 37 | +46.29% | +17.72% | +28.57% | -0.00B |
| 2025-09-30 | $158M | 42 | +20.79% | +8.12% | +12.67% | +0.00B |
| 2025-06-30 | $130M | 36 | +20.37% | +10.78% | +9.59% | +0.03B |
| 2025-03-31 | $80M | 30 | -9.85% | -4.27% | -5.59% | -0.03B |
| 2024-12-31 | $126M | 41 | — | — | — | — |