Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.53%
trims when stocks drop
when a holding falls −10%+
Middle response
-9.73%
baseline attrition
Rally response
-7.88%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $42M | 7.5% | +60.9% | 3.3 yr |
| AAPLApple Inc. | $41M | 7.3% | +14.7% | 3.5 yr |
| XOMExxon Mobil Corporation | $31M | 5.6% | +47.6% | 3.5 yr |
| GOOGAlphabet Inc. | $30M | 5.4% | +84.3% | 3.5 yr |
| MSFTMicrosoft Corporation | $26M | 4.7% | -0.6% | 3.5 yr |
| AMZNAmazon.com, Inc. | $22M | 3.9% | +9.5% | 3.5 yr |
| AVGOBroadcom Inc. | $17M | 3.1% | +86.0% | 2.3 yr |
| WMTWalmart Inc. | $15M | 2.6% | +42.8% | 2.3 yr |
| GSThe Goldman Sachs Group, | $14M | 2.6% | +58.1% | 2.3 yr |
| MCKMcKesson Corporation | $14M | 2.5% | +29.1% | 3.0 yr |
| KLACKLA Corporation | $13M | 2.3% | +118.2% | 0.5 yr |
| TJXThe TJX Companies, Inc. | $12M | 2.2% | +32.7% | 2.5 yr |
| JPMJPMorgan Chase & Co. | $10M | 1.9% | +21.8% | 3.5 yr |
| ABBVAbbVie Inc. | $10M | 1.8% | +7.3% | 2.3 yr |
| LLYEli Lilly and Company | $10M | 1.8% | +12.2% | 3.0 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors16.0%+6.6pp$89M
Consumer Electronics7.3%+1.6pp$41M
Internet Content & Information6.2%-3.4pp$34M
Software - Infrastructure6.1%-0.4pp$34M
Oil & Gas Integrated5.6%+3.6pp$31M
Drug Manufacturers - General4.9%-0.5pp$27M
Specialty Retail4.8%-0.5pp$26M
Banks - Diversified3.7%-1.6pp$20M
Discount Stores3.3%+0.6pp$18M
Medical - Distribution3.3%+1.5pp$18M
Country
US97.8%+0.7pp
IE1.3%+1.0pp
SG0.9%+0.4pp
Top 5: 30.6% · Top 10: 45.4% · Top 25: 71.3%
Top buys this quarter · 15
| PH Parker-Hannifin Corporationnew | +$8M |
| VLO Valero Energy Corporationnew | +$7M |
| GS The Goldman Sachs Group, Inc. | +$7M |
| TJX The TJX Companies, Inc. | +$6M |
| KLAC KLA Corporation | +$5M |
| AAPL Apple Inc. | +$4M |
| RL Ralph Lauren Corporation | +$4M |
| INTC Intel Corporation | +$4M |
| CSCO Cisco Systems, Inc. | +$4M |
| WMT Walmart Inc. | +$3M |
Top sells this quarter · 15
| MU Micron Technology, Inc. | −$25M |
| WFC Wells Fargo & Companyexit | −$8M |
| META Meta Platforms, Inc. | −$6M |
| MA Mastercard Incorporatedexit | −$6M |
| BAC Bank of America Corporationexit | −$5M |
| AXP American Express Companyexit | −$5M |
| AVGO Broadcom Inc. | −$4M |
| PLTR Palantir Technologies Inc.exit | −$4M |
| AMD Advanced Micro Devices, Inc.exit | −$4M |
| CDNS Cadence Design Systems, Inc. | −$4M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $552M | 55 | +35.30% | +17.59% | +17.71% | -0.05B |
| 2025-12-31 | $591M | 62 | +24.94% | +17.72% | +7.22% | -0.46B |
| 2025-09-30 | $1.01B | 69 | +26.47% | +17.52% | +8.96% | -0.01B |
| 2025-06-30 | $937M | 71 | +19.65% | +14.94% | +4.71% | -0.04B |
| 2025-03-31 | $835M | 80 | +6.91% | +8.30% | -1.39% | -0.03B |
| 2024-12-31 | $915M | 72 | +21.55% | +24.89% | -3.33% | -0.07B |
| 2024-09-30 | $937M | 87 | +30.07% | +36.04% | -5.97% | -0.06B |
| 2024-06-30 | $967M | 85 | +22.06% | +24.49% | -2.43% | -0.06B |
| 2024-03-31 | $989M | 84 | +27.25% | +29.62% | -2.37% | -0.07B |
| 2023-12-31 | $985M | 63 | +23.41% | +26.18% | -2.77% | +0.05B |
| 2023-09-30 | $831M | 60 | -3.09% | -3.22% | +0.13% | -0.00B |
| 2023-06-30 | $859M | 59 | +8.78% | +8.68% | +0.10% | -0.01B |
| 2023-03-31 | $794M | 60 | +4.52% | +7.46% | -2.94% | +0.02B |
| 2022-12-31 | $738M | 56 | — | — | — | — |