Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-0.30%
trims when stocks drop
when a holding falls −10%+
Middle response
+7.40%
steady accumulation
Rally response
+4.96%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| DFAUDimensional - US Core Eq | $93M | 11.4% | — | 3.5 yr |
| DFSVDimensional - US Small C | $74M | 9.0% | — | 3.5 yr |
| VOOGVanguard S&P 500 Growth | $73M | 8.9% | — | 2.8 yr |
| VCITVanguard Intermediate-Te | $49M | 5.9% | — | 3.5 yr |
| DFAIDimensional - Internatio | $41M | 5.0% | — | 3.5 yr |
| VGSHVanguard Short-Term Trea | $35M | 4.2% | — | 3.5 yr |
| VGITVanguard Intermediate-Te | $27M | 3.2% | — | 3.5 yr |
| VUGVanguard Growth ETF | $21M | 2.6% | — | 1.0 yr |
| DFAEDimensional - Emerging C | $21M | 2.5% | — | 3.5 yr |
| AAPLApple Inc. | $19M | 2.3% | +14.7% | 3.5 yr |
| VOOVanguard S&P 500 ETF | $17M | 2.1% | — | 3.5 yr |
| SPYState Street SPDR S&P 50 | $17M | 2.1% | +17.6% | 3.5 yr |
| JPMJPMorgan Chase & Co. | $12M | 1.4% | +21.8% | 2.0 yr |
| NVDANVIDIA Corporation | $11M | 1.3% | +60.9% | 1.5 yr |
| SCHGSchwab U.S. Large-Cap Gr | $9M | 1.1% | — | 2.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management57.5%-17.9pp$472M
Asset Management - Bonds6.2%-4.3pp$51M
Asset Management - Leveraged4.2%-2.8pp$35M
Semiconductors3.6%+3.6pp$30M
Consumer Electronics2.3%+0.3pp$19M
Banks - Diversified1.9%+1.8pp$16M
Drug Manufacturers - General1.8%$15M
Internet Content & Information1.7%+1.4pp$14M
Software - Infrastructure1.6%+0.9pp$13M
Aerospace & Defense1.4%+1.3pp$11M
Country
US98.3%-1.7pp
CA0.6%
Unknown0.3%
GB0.2%
CH0.2%
NL0.1%
SG0.1%
LU0.1%
Top 5: 40.2% · Top 10: 55.1% · Top 25: 72.6%
Top buys this quarter · 15
| META Meta Platforms, Inc. | +$1M |
| ADBE Adobe Inc. | +$1M |
| MPWR Monolithic Power Systems, Inc.new | +$1M |
| INCY Incyte Corporationnew | +$1M |
| COST Costco Wholesale Corporation | +$1M |
| ATI ATI Inc.new | +$1M |
| MCK McKesson Corporationnew | +$1M |
| NFLX Netflix, Inc. | +$1M |
| ALL The Allstate Corporationnew | +$1M |
| AMD Advanced Micro Devices, Inc. | +$1M |
Top sells this quarter · 15
| ZIM ZIM Integrated Shipping Servicexit | −$2M |
| COHR Coherent, Inc. | −$2M |
| DELL Dell Technologies Inc.exit | −$1M |
| WAB Westinghouse Air Brake Technolexit | −$1M |
| AIT Applied Industrial Technologieexit | −$1M |
| IRM Iron Mountain Incorporatedexit | −$1M |
| GS The Goldman Sachs Group, Inc. | −$1M |
| MRVL Marvell Technology, Inc.exit | −$1M |
| DOW Dow Inc.exit | −$1M |
| LRCX Lam Research Corporation | −$3M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $822M | 253 | +15.61% | +17.59% | -1.98% | +0.03B |
| 2025-12-31 | $813M | 248 | +8.43% | +17.72% | -9.29% | -0.00B |
| 2025-09-30 | $804M | 270 | +14.64% | +17.52% | -2.87% | +0.02B |
| 2025-06-30 | $723M | 248 | +12.36% | +14.94% | -2.59% | +0.28B |
| 2025-03-31 | $413M | 65 | +16.83% | +8.30% | +8.52% | +0.03B |
| 2024-12-31 | $417M | 67 | +30.33% | +24.89% | +5.44% | -0.03B |
| 2024-09-30 | $416M | 71 | +36.90% | +36.04% | +0.86% | +0.01B |
| 2024-06-30 | $380M | 65 | +22.72% | +24.49% | -1.77% | +0.23B |
| 2024-03-31 | $131M | 35 | +24.38% | +29.62% | -5.24% | -0.15B |
| 2023-12-31 | $273M | 54 | +39.67% | +26.18% | +13.49% | -0.02B |
| 2023-09-30 | $255M | 51 | -5.05% | -3.22% | -1.83% | +0.03B |
| 2023-06-30 | $241M | 62 | +13.48% | +8.68% | +4.79% | +0.03B |
| 2023-03-31 | $183M | 62 | +14.93% | +7.46% | +7.47% | +0.00B |
| 2022-12-31 | $158M | 64 | — | — | — | — |