Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+2.23%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.80%
steady accumulation
Rally response
-0.85%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AMATApplied Materials, Inc. | $13M | 5.0% | +137.6% | 3.5 yr |
| BRK-BBerkshire Hathaway Inc. | $13M | 4.8% | — | 3.5 yr |
| MSFTMicrosoft Corporation | $11M | 4.0% | -0.6% | 3.5 yr |
| AAPLApple Inc. | $9M | 3.6% | +14.7% | 3.5 yr |
| CSTMConstellium SE | $8M | 3.0% | +143.6% | 3.5 yr |
| MARMarriott International, | $7M | 2.8% | +38.6% | 3.5 yr |
| CASYCasey's General Stores, | $7M | 2.8% | +68.4% | 2.3 yr |
| GNRCGenerac Holdings Inc. | $6M | 2.2% | +54.2% | 3.5 yr |
| COSTCostco Wholesale Corpora | $6M | 2.2% | +5.9% | 3.5 yr |
| DEDeere & Company | $5M | 1.9% | +21.2% | 3.5 yr |
| AXPAmerican Express Company | $5M | 1.8% | +13.3% | 3.5 yr |
| WMTWalmart Inc. | $5M | 1.7% | +42.8% | 3.5 yr |
| VLOValero Energy Corporatio | $4M | 1.6% | +92.6% | 3.5 yr |
| INTUIntuit Inc. | $4M | 1.6% | -29.3% | 3.5 yr |
| CSCOCisco Systems, Inc. | $4M | 1.5% | +28.1% | 3.5 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors6.8%+2.5pp$18M
Software - Infrastructure5.5%-1.5pp$14M
Insurance - Diversified4.8%-1.8pp$13M
Discount Stores4.5%+0.3pp$12M
Agricultural - Machinery3.9%-0.3pp$10M
Specialty Retail3.8%+0.8pp$10M
Consumer Electronics3.6%-0.4pp$9M
Aerospace & Defense3.3%+0.4pp$9M
Asset Management3.3%+1.3pp$9M
Financial - Credit Services3.2%+1.0pp$9M
Country
US91.7%-0.6pp
FR3.0%+1.4pp
IE1.8%+0.1pp
CA1.3%-0.2pp
GB1.2%-0.6pp
BM0.3%+0.0pp
Unknown0.3%-0.2pp
CH0.2%+0.0pp
Top 5: 20.4% · Top 10: 32.3% · Top 25: 53.8%
Top buys this quarter · 15
| OCUL Ocular Therapeutix, Inc. | +$2M |
| AXP American Express Company | +$2M |
| COF Capital One Financial Corporatnew | +$2M |
| BJ BJ's Wholesale Club Holdings, new | +$2M |
| HQY HealthEquity, Inc. | +$1M |
| OWL Blue Owl Capital Inc. | +$1M |
| INTU Intuit Inc. | +$4M |
| NFLX Netflix, Inc.new | +$1M |
| MSFT Microsoft Corporation | +$11M |
| CRM Salesforce, Inc. | +$0M |
Top sells this quarter · 15
| CTRA Coterra Energy Inc. | −$2M |
| ADM Archer-Daniels-Midland Company | −$1M |
| KVUE Kenvue Inc.exit | −$0M |
| AAPL Apple Inc. | −$0M |
| WAT Waters Corporationexit | −$0M |
| DEO Diageo plc | −$0M |
| CNI Canadian National Railway Comp | −$0M |
| FFIV F5, Inc. | −$2M |
| GPC Genuine Parts Company | −$0M |
| COST Costco Wholesale Corporation | −$5M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $265M | 169 | +20.44% | +17.59% | +2.85% | +0.01B |
| 2025-12-31 | $249M | 163 | +12.43% | +17.72% | -5.29% | +0.00B |
| 2025-09-30 | $244M | 160 | +8.83% | +17.52% | -8.69% | +0.00B |
| 2025-06-30 | $232M | 157 | +11.27% | +14.94% | -3.67% | -0.00B |
| 2025-03-31 | $212M | 152 | +0.30% | +8.30% | -8.01% | +0.01B |
| 2024-12-31 | $213M | 150 | +10.05% | +24.89% | -14.83% | +0.00B |
| 2024-09-30 | $211M | 149 | +25.15% | +36.04% | -10.89% | +0.00B |
| 2024-06-30 | $195M | 148 | +14.94% | +24.49% | -9.55% | +0.02B |
| 2024-03-31 | $175M | 130 | +21.66% | +29.62% | -7.96% | +0.01B |
| 2023-12-31 | $156M | 125 | +21.99% | +26.18% | -4.19% | -0.00B |
| 2023-09-30 | $141M | 121 | -2.99% | -3.22% | +0.23% | -0.00B |
| 2023-06-30 | $146M | 121 | +5.17% | +8.68% | -3.51% | +0.00B |
| 2023-03-31 | $136M | 124 | +6.62% | +7.46% | -0.84% | +0.01B |
| 2022-12-31 | $119M | 120 | — | — | — | — |