Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+3.23%
adds when stocks drop
when a holding falls −10%+
Middle response
-6.54%
baseline attrition
Rally response
-3.92%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| TAT&T Inc. | $36M | 26.1% | +5.9% | 0.3 yr |
| SPNSSapiens International Co | $13M | 9.4% | — | 0.3 yr |
| STKLSunOpta Inc. | $9M | 6.8% | +33.3% | 0.3 yr |
| HOLXHologic, Inc. | $9M | 6.2% | +22.4% | 0.3 yr |
| OSOneStream, Inc. Class A | $7M | 4.8% | +12.5% | 0.3 yr |
| EWZiShares MSCI Brazil ETF | $6M | 4.6% | — | 1.5 yr |
| VNMVanEck Vietnam ETF | $5M | 3.4% | — | 3.0 yr |
| ALMSAlumis Inc. Common Stock | $4M | 3.1% | +258.8% | 1.0 yr |
| DMDesktop Metal, Inc. | $4M | 2.8% | — | 0.5 yr |
| QTRXQuanterix Corporation | $3M | 2.5% | -45.9% | 1.3 yr |
| FFWMFirst Foundation Inc. | $3M | 1.9% | +13.7% | 0.3 yr |
| WREElme Communities | $2M | 1.7% | — | 0.3 yr |
| ACIAlbertsons Companies, In | $2M | 1.7% | -20.1% | 2.5 yr |
| RSGRepublic Services, Inc. | $2M | 1.6% | -8.9% | 3.3 yr |
| WABWestinghouse Air Brake T | $2M | 1.5% | +38.5% | 2.5 yr |
Portfolio composition (YoY)
Industry mix
Telecommunications Services26.1%$36M
Software - Application15.1%-0.9pp$21M
Asset Management8.0%-12.8pp$11M
Packaged Foods7.7%+7.4pp$11M
Medical - Instruments & Supplies6.2%$9M
Industrial - Machinery4.0%$6M
Biotechnology3.1%+1.0pp$4M
Waste Management3.0%+1.3pp$4M
Computer Hardware2.8%-1.3pp$4M
Medical - Devices2.5%-15.6pp$3M
Country
US84.1%-9.9pp
IL9.4%
GB4.5%+3.5pp
IE1.1%+0.4pp
Unknown1.0%-2.1pp
AU0.0%
BE0.0%
KY0.0%
Top 5: 53.2% · Top 10: 69.5% · Top 25: 89.8%
Top buys this quarter · 15
| T AT&T Inc.new | +$26M |
| STKL SunOpta Inc.new | +$9M |
| HOLX Hologic, Inc.new | +$9M |
| OS OneStream, Inc. Class A Commonnew | +$7M |
| FFWM First Foundation Inc.new | +$3M |
| JCI Johnson Controls Internationalnew | +$2M |
| FERG Ferguson plcnew | +$1M |
| ONTF ON24, Inc.new | +$1M |
| WTRG Essential Utilities, Inc.new | +$1M |
| EXC Exelon Corporation | +$1M |
Top sells this quarter · 15
| ALMS Alumis Inc. Common Stock | −$15M |
| ACI Albertsons Companies, Inc. | −$9M |
| XYL Xylem Inc.exit | −$2M |
| DAR Darling Ingredients Inc. | −$2M |
| FSLR First Solar, Inc. | −$2M |
| WCN Waste Connections, Inc.exit | −$2M |
| BLD TopBuild Corp. | −$2M |
| TT Trane Technologies plcexit | −$2M |
| NVT nVent Electric plc | −$1M |
| LIN Linde plc | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $138M | 59 | +33.95% | +17.59% | +16.36% | -0.01B |
| 2025-12-31 | $129M | 45 | +18.62% | +17.72% | +0.90% | -0.18B |
| 2025-09-30 | $255M | 48 | -2.62% | +17.52% | -20.14% | -0.14B |
| 2025-06-30 | $402M | 53 | +7.26% | +14.94% | -7.68% | +0.16B |
| 2025-03-31 | $246M | 47 | +7.66% | +8.30% | -0.64% | +0.11B |
| 2024-12-31 | $130M | 34 | +10.72% | +24.89% | -14.17% | -0.09B |
| 2024-09-30 | $218M | 60 | +27.19% | +36.04% | -8.84% | -0.09B |
| 2024-06-30 | $282M | 88 | +6.04% | +24.49% | -18.45% | +0.02B |
| 2024-03-31 | $267M | 67 | +19.13% | +29.62% | -10.50% | +0.01B |
| 2023-12-31 | $240M | 62 | +19.28% | +26.18% | -6.89% | -0.13B |
| 2023-09-30 | $325M | 104 | -8.73% | -3.22% | -5.51% | +0.13B |
| 2023-06-30 | $214M | 72 | +8.41% | +8.68% | -0.27% | -0.04B |
| 2023-03-31 | $237M | 85 | +5.86% | +7.46% | -1.60% | +0.01B |
| 2022-12-31 | $219M | 67 | — | — | — | — |