Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+15.56%
adds when stocks drop
when a holding falls −10%+
Middle response
+1.45%
steady accumulation
Rally response
-18.38%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| RDDTReddit, Inc. | $9M | 5.6% | +28.4% | 0.5 yr |
| STRLSterling Infrastructure, | $8M | 5.3% | +259.7% | 0.5 yr |
| NUNu Holdings Ltd. | $8M | 4.8% | +40.3% | 3.3 yr |
| CRDOCredo Technology Group H | $7M | 4.4% | +133.7% | 0.3 yr |
| UBERUber Technologies, Inc. | $6M | 4.0% | -1.3% | 1.5 yr |
| VRTVertiv Holdings Co | $6M | 3.9% | +247.5% | 2.3 yr |
| DDOGDatadog, Inc. | $6M | 3.8% | +19.0% | 0.8 yr |
| MRVLMarvell Technology, Inc. | $5M | 3.4% | +61.3% | 0.3 yr |
| LRCXLam Research Corporation | $5M | 3.2% | +196.1% | 0.5 yr |
| ASMLASML Holding N.V. | $5M | 3.2% | +100.9% | 2.0 yr |
| RMBSRambus Inc. | $5M | 3.2% | +66.1% | 0.3 yr |
| MELIMercadoLibre, Inc. | $5M | 3.1% | -11.4% | 2.8 yr |
| COHRCoherent, Inc. | $5M | 3.0% | +266.8% | 0.5 yr |
| CCJCameco Corporation | $5M | 3.0% | +164.4% | 0.5 yr |
| ISRGIntuitive Surgical, Inc. | $5M | 3.0% | -6.9% | 1.8 yr |
Portfolio composition (YoY)
Industry mix
Software - Application19.2%$30M
Semiconductors16.4%-18.2pp$26M
Software - Infrastructure9.1%+3.4pp$14M
Aerospace & Defense7.7%$12M
Specialty Retail6.9%-4.6pp$11M
Internet Content & Information6.5%+0.7pp$10M
Engineering & Construction5.3%$8M
Banks - Diversified4.8%-1.0pp$8M
Communication Equipment4.4%$7M
Electrical Equipment & Parts3.9%-1.2pp$6M
Country
US76.6%+10.0pp
CA5.8%+1.3pp
BR4.8%-1.0pp
NL3.2%-2.4pp
UY3.1%-2.7pp
IL2.8%-2.8pp
AU2.7%
TW0.9%-5.1pp
Top 5: 24.1% · Top 10: 41.6% · Top 25: 84.8%
Top buys this quarter · 15
| CRDO Credo Technology Group Holdingnew | +$7M |
| MRVL Marvell Technology, Inc.new | +$5M |
| RMBS Rambus Inc.new | +$5M |
| SHOP Shopify Inc.new | +$4M |
| DDOG Datadog, Inc. | +$2M |
| STRL Sterling Infrastructure, Inc. | +$2M |
| NET Cloudflare, Inc.new | +$2M |
| PCOR Procore Technologies, Inc.new | +$1M |
| TOST Toast, Inc.new | +$1M |
| SNOW Snowflake Inc. | +$4M |
Top sells this quarter · 15
| CFLT Confluent, Inc.exit | −$13M |
| META Meta Platforms, Inc.exit | −$10M |
| FRPT Freshpet, Inc.exit | −$9M |
| BROS Dutch Bros Inc.exit | −$9M |
| MELI MercadoLibre, Inc. | −$8M |
| CVNA Carvana Co.exit | −$8M |
| NTRA Natera, Inc.exit | −$8M |
| GLBE Global-e Online Ltd. | −$8M |
| ISRG Intuitive Surgical, Inc. | −$7M |
| LNG Cheniere Energy, Inc.exit | −$7M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $158M | 39 | +20.40% | +17.59% | +2.81% | -0.13B |
| 2025-12-31 | $343M | 46 | +17.08% | +17.72% | -0.64% | +0.08B |
| 2025-09-30 | $239M | 30 | +14.33% | +17.52% | -3.18% | -0.02B |
| 2025-06-30 | $237M | 19 | +11.72% | +14.94% | -3.22% | -0.03B |
| 2025-03-31 | $224M | 20 | -8.32% | +8.30% | -16.62% | -0.03B |
| 2024-12-31 | $306M | 23 | +21.32% | +24.89% | -3.57% | +0.00B |
| 2024-09-30 | $285M | 23 | +33.97% | +36.04% | -2.06% | -0.00B |
| 2024-06-30 | $275M | 23 | +21.18% | +24.49% | -3.32% | +0.01B |
| 2024-03-31 | $265M | 26 | +40.99% | +29.62% | +11.37% | -0.01B |
| 2023-12-31 | $252M | 29 | +57.91% | +26.18% | +31.73% | -0.00B |
| 2023-09-30 | $218M | 31 | -5.30% | -3.22% | -2.07% | -0.00B |
| 2023-06-30 | $235M | 31 | +15.72% | +8.68% | +7.04% | -0.01B |
| 2023-03-31 | $211M | 27 | +22.71% | +7.46% | +15.25% | -0.01B |
| 2022-12-31 | $176M | 25 | — | — | — | — |