Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-10.28%
trims when stocks drop
when a holding falls −10%+
Middle response
-8.72%
baseline attrition
Rally response
-6.53%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| DFAUDimensional - US Core Eq | $10M | 3.5% | — | 3.3 yr |
| DFAIDimensional - Internatio | $9M | 3.1% | — | 3.3 yr |
| BNDVanguard Total Bond Mark | $7M | 2.5% | — | 3.3 yr |
| FPEFirst Trust Preferred Se | $7M | 2.5% | — | 3.3 yr |
| DFIVDimensional - Internatio | $6M | 2.2% | — | 3.3 yr |
| VBRVanguard Small-Cap Value | $5M | 1.7% | — | 3.3 yr |
| VTVVanguard Value ETF | $5M | 1.6% | — | 3.3 yr |
| VOOVanguard S&P 500 ETF | $4M | 1.5% | — | 3.3 yr |
| EFAiShares MSCI EAFE ETF | $4M | 1.5% | — | 3.3 yr |
| DFASDimensional - US Small C | $4M | 1.4% | — | 3.3 yr |
| VUGVanguard Growth ETF | $4M | 1.4% | — | 3.3 yr |
| DFLVDimensional - US Large C | $4M | 1.4% | — | 3.3 yr |
| VBVanguard Small-Cap ETF | $4M | 1.3% | — | 3.3 yr |
| IJJiShares S&P Mid-Cap 400 | $4M | 1.3% | — | 3.3 yr |
| ITOTiShares Core S&P Total U | $3M | 1.2% | — | 3.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management76.2%+2.9pp$219M
Asset Management - Bonds10.7%+1.7pp$31M
Semiconductors1.6%+0.2pp$5M
Asset Management - Leveraged1.4%-0.1pp$4M
Asset Management - Income1.3%+0.5pp$4M
Consumer Electronics1.0%-0.8pp$3M
Software - Infrastructure0.9%-0.6pp$3M
REIT - Healthcare Facilities0.7%+0.0pp$2M
Unknown0.6%+0.6pp$2M
Internet Content & Information0.3%-0.2pp$1M
Country
US99.0%-0.6pp
Unknown0.6%+0.6pp
IL0.1%+0.1pp
IE0.1%+0.0pp
CA0.1%+0.0pp
TW0.1%+0.1pp
GB0.0%-0.1pp
IN0.0%-0.0pp
Top 5: 13.8% · Top 10: 21.4% · Top 25: 39.2%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| TSM Taiwan Semiconductor Manufactu | +$0M |
| WDC Western Digital Corporationnew | +$0M |
| XOM Exxon Mobil Corporation | +$0M |
| GEV GE Vernova Inc. | +$0M |
| FIX Comfort Systems USA, Inc.new | +$0M |
| LITE Lumentum Holdings Inc. | +$0M |
| LRCX Lam Research Corporation | +$0M |
| TPR Tapestry, Inc. | +$0M |
| SPY State Street SPDR S&P 500 ETF | +$0M |
| NKE NIKE, Inc. | +$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $288M | 604 | +21.10% | +17.59% | +3.50% | +0.02B |
| 2025-12-31 | $276M | 579 | +20.34% | +17.72% | +2.62% | -0.00B |
| 2025-09-30 | $275M | 581 | +22.34% | +17.52% | +4.83% | -0.01B |
| 2025-06-30 | $258M | 563 | +19.23% | +14.94% | +4.29% | -0.08B |
| 2025-03-31 | $303M | 836 | +10.50% | +8.30% | +2.20% | +0.01B |
| 2024-12-31 | $303M | 836 | +22.63% | +24.89% | -2.26% | -0.01B |
| 2024-09-30 | $300M | 761 | +30.32% | +36.04% | -5.72% | +0.01B |
| 2024-06-30 | $273M | 757 | +16.38% | +24.49% | -8.11% | +0.00B |
| 2024-03-31 | $265M | 750 | +23.26% | +29.62% | -6.36% | +0.00B |
| 2023-12-31 | $244M | 703 | +10.06% | +11.64% | -1.58% | +0.00B |
| 2023-09-30 | $217M | 796 | -3.88% | -3.22% | -0.66% | +0.01B |
| 2023-06-30 | $217M | 793 | +8.75% | +8.68% | +0.07% | -0.00B |
| 2022-12-31 | $201M | 823 | — | — | — | — |