Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+20.18%
adds when stocks drop
when a holding falls −10%+
Middle response
+6.60%
steady accumulation
Rally response
-5.64%
trims into rallies
when a holding rises +10%+
Top positions · 11
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| PCRXPacira BioSciences, Inc. | $63M | 16.9% | -9.1% | 2.5 yr |
| DVADaVita Inc. | $49M | 13.0% | +0.5% | 2.5 yr |
| MBINMerchants Bancorp | $48M | 12.9% | +17.3% | 0.8 yr |
| INMDInMode Ltd. | $42M | 11.3% | -22.9% | 2.5 yr |
| AFYAAfya Limited | $34M | 9.1% | -17.1% | 2.5 yr |
| HIFSHingham Institution for | $34M | 9.0% | +21.7% | 2.3 yr |
| NOMDNomad Foods Limited | $32M | 8.6% | -48.7% | 0.8 yr |
| NSSCNapco Security Technolog | $25M | 6.6% | +73.7% | 2.5 yr |
| INTUIntuit Inc. | $19M | 5.1% | -29.3% | 0.3 yr |
| KNSLKinsale Capital Group, I | $17M | 4.6% | -29.7% | 0.5 yr |
| ROPRoper Technologies, Inc. | $11M | 2.9% | -39.7% | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Banks - Regional21.9%+0.9pp$81M
Drug Manufacturers - Specialty & Generic16.9%-0.8pp$63M
Medical - Care Facilities13.0%-4.3pp$49M
Medical - Devices11.3%-4.3pp$42M
Education & Training Services9.1%+5.0pp$34M
Packaged Foods8.6%$32M
Software - Application8.0%$30M
Security & Protection Services6.6%-4.0pp$25M
Insurance - Property & Casualty4.6%$17M
Country
US71.0%+6.5pp
IL11.3%-4.3pp
BR9.1%-7.8pp
GB8.6%
Top 5: 63.1% · Top 10: 97.1% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $372M | 11 | +6.18% | +17.59% | -11.41% | +0.03B |
| 2025-12-31 | $356M | 12 | +13.44% | +17.72% | -4.28% | +0.07B |
| 2025-09-30 | $298M | 12 | +13.18% | +17.52% | -4.34% | +0.01B |
| 2025-06-30 | $264M | 10 | +6.50% | +14.94% | -8.44% | -0.00B |
| 2025-03-31 | $254M | 10 | +1.62% | +8.30% | -6.68% | +0.04B |
| 2024-12-31 | $201M | 8 | +12.54% | +24.89% | -12.35% | +0.01B |
| 2024-09-30 | $198M | 8 | +2.21% | +5.75% | -3.54% | -0.02B |
| 2024-06-30 | $216M | 9 | -0.86% | +4.38% | -5.23% | +0.07B |
| 2024-03-31 | $150M | 9 | +15.52% | +10.39% | +5.13% | +0.03B |
| 2023-12-31 | $101M | 8 | — | — | — | — |