Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+9.96%
adds when stocks drop
when a holding falls −10%+
Middle response
+1.49%
steady accumulation
Rally response
-8.05%
trims into rallies
when a holding rises +10%+
Top positions · 23
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| TACTransAlta Corporation | $59M | 13.7% | +42.2% | 1.3 yr |
| TMOThermo Fisher Scientific | $55M | 12.8% | -0.9% | 1.3 yr |
| AMTMAmentum Holdings, Inc. | $54M | 12.6% | +43.3% | 1.5 yr |
| DHRDanaher Corporation | $35M | 8.2% | -7.1% | 1.8 yr |
| — | $29M | 6.7% | — | 1.5 yr |
| GXOGXO Logistics, Inc. | $27M | 6.4% | +32.7% | 1.3 yr |
| OPCHOption Care Health, Inc. | $19M | 4.4% | -23.0% | 1.5 yr |
| CRSCarpenter Technology Cor | $18M | 4.3% | +118.3% | 2.0 yr |
| AKAMAkamai Technologies, Inc | $16M | 3.6% | +42.7% | 0.3 yr |
| QQnity Electronics, Inc. | $15M | 3.5% | — | 0.5 yr |
| CEGConstellation Energy Cor | $15M | 3.4% | +39.2% | 1.0 yr |
| AMZNAmazon.com, Inc. | $12M | 2.8% | +9.5% | 2.5 yr |
| FICOFair Isaac Corporation | $12M | 2.8% | -42.1% | 0.3 yr |
| ACVAACV Auctions Inc. | $11M | 2.6% | -69.9% | 2.0 yr |
| TECHBio-Techne Corporation | $11M | 2.5% | -10.4% | 0.8 yr |
Portfolio composition (YoY)
Industry mix
Medical - Diagnostics & Research21.8%+17.0pp$93M
Independent Power Producers13.7%+5.4pp$59M
Aerospace & Defense12.6%+1.3pp$54M
Unknown6.7%-1.0pp$29M
Integrated Freight & Logistics6.4%+2.2pp$27M
Semiconductors5.4%-2.7pp$23M
Software - Infrastructure4.7%$20M
Medical - Care Facilities4.4%-2.1pp$19M
Manufacturing - Metal Fabrication4.3%-4.2pp$18M
Software - Application3.9%-0.6pp$17M
Country
US77.4%+16.2pp
CA13.7%+5.4pp
Unknown6.7%-1.0pp
IL1.8%-6.3pp
CH0.3%
Top 5: 54.1% · Top 10: 76.4% · Top 25: 100.0%
Top buys this quarter · 15
| TMO Thermo Fisher Scientific Inc. | +$22M |
| AKAM Akamai Technologies, Inc.new | +$16M |
| FICO Fair Isaac Corporationnew | +$12M |
| AMTM Amentum Holdings, Inc. | +$11M |
| DHR Danaher Corporation | +$9M |
| TAC TransAlta Corporation | +$9M |
| OPCH Option Care Health, Inc. | +$6M |
| META Meta Platforms, Inc. | +$4M |
| CEG Constellation Energy Corporati | +$4M |
| SOLS Solstice Advanced Materials Innew | +$3M |
Top sells this quarter · 15
| GEHC GE HealthCare Technologies Incexit | −$22M |
| RIG Transocean Ltd. | −$18M |
| SNPS Synopsys, Inc.exit | −$17M |
| EFX Equifax Inc.exit | −$13M |
| AMZN Amazon.com, Inc. | −$11M |
| CRS Carpenter Technology Corporati | −$9M |
| IQV IQVIA Holdings Inc.exit | −$7M |
| ITRI Itron, Inc.exit | −$6M |
| FND Floor & Decor Holdings, Inc.exit | −$6M |
| NVDA NVIDIA Corporationexit | −$6M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $428M | 23 | +19.73% | +17.59% | +2.14% | -0.00B |
| 2025-12-31 | $464M | 28 | +19.91% | +17.72% | +2.19% | +0.00B |
| 2025-09-30 | $432M | 22 | +9.30% | +17.52% | -8.22% | +0.05B |
| 2025-06-30 | $350M | 24 | +11.09% | +14.94% | -3.85% | +0.05B |
| 2025-03-31 | $272M | 23 | -6.06% | +8.30% | -14.36% | +0.04B |
| 2024-12-31 | $249M | 27 | +15.01% | +24.89% | -9.87% | +0.02B |
| 2024-09-30 | $237M | 21 | +9.46% | +5.75% | +3.70% | -0.02B |
| 2024-06-30 | $233M | 21 | -5.52% | +4.38% | -9.90% | +0.03B |
| 2024-03-31 | $216M | 20 | +13.67% | +10.39% | +3.27% | +0.00B |
| 2023-12-31 | $187M | 22 | — | — | — | — |