Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-7.37%
trims when stocks drop
when a holding falls −10%+
Middle response
+3.75%
steady accumulation
Rally response
+6.71%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $570M | 7.1% | +60.9% | 3.3 yr |
| AAPLApple Inc. | $513M | 6.4% | +14.7% | 3.3 yr |
| MSFTMicrosoft Corporation | $355M | 4.5% | -0.6% | 3.3 yr |
| AMZNAmazon.com, Inc. | $271M | 3.4% | +9.5% | 3.3 yr |
| GOOGLAlphabet Inc. | $224M | 2.8% | — | 3.3 yr |
| AVGOBroadcom Inc. | $188M | 2.4% | +86.0% | 3.3 yr |
| GOOGAlphabet Inc. | $185M | 2.3% | +84.3% | 3.0 yr |
| METAMeta Platforms, Inc. | $167M | 2.1% | -0.4% | 0.5 yr |
| JPMJPMorgan Chase & Co. | $110M | 1.4% | +21.8% | 3.3 yr |
| TSLATesla, Inc. | $104M | 1.3% | +43.4% | 3.3 yr |
| CLColgate-Palmolive Compan | $102M | 1.3% | -6.8% | 3.3 yr |
| LLYEli Lilly and Company | $97M | 1.2% | +12.2% | 3.3 yr |
| MSCIMSCI Inc. | $81M | 1.0% | -3.4% | 3.3 yr |
| TPRTapestry, Inc. | $75M | 0.9% | +103.3% | 0.8 yr |
| VVisa Inc. | $75M | 0.9% | -13.1% | 3.3 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors13.7%+3.7pp$1.09B
Internet Content & Information7.3%+2.3pp$586M
Software - Infrastructure7.3%-2.0pp$580M
Consumer Electronics6.4%-0.5pp$513M
Drug Manufacturers - General4.5%-0.2pp$360M
Specialty Retail4.0%-2.0pp$322M
Banks - Diversified3.5%+0.9pp$281M
Software - Application3.4%-1.2pp$273M
Financial - Data & Stock Exchanges2.9%+0.9pp$229M
Financial - Credit Services2.7%-0.8pp$212M
Country
US96.4%+1.1pp
IE1.4%+0.3pp
Unknown0.5%+0.5pp
BM0.4%+0.3pp
GB0.4%+0.0pp
SG0.3%-0.7pp
CH0.2%+0.0pp
AU0.1%-0.2pp
Top 5: 24.2% · Top 10: 33.7% · Top 25: 46.9%
Top buys this quarter · 15
| CL Colgate-Palmolive Company | +$88M |
| GOOG Alphabet Inc. | +$72M |
| NVDA NVIDIA Corporation | +$570M |
| BR Broadridge Financial Solutions | +$37M |
| PNFP Pinnacle Financial Partners, I | +$36M |
| MTD Mettler-Toledo International I | +$34M |
| DECK Deckers Outdoor Corporation | +$34M |
| NDAQ Nasdaq, Inc. | +$31M |
| NTRS Northern Trust Corporation | +$31M |
| MSFT Microsoft Corporation | +$355M |
Top sells this quarter · 15
| WDC Western Digital Corporation | −$39M |
| SYF Synchrony Financial | −$38M |
| TFC Truist Financial Corporation | −$27M |
| DOCU DocuSign, Inc. | −$25M |
| CBRE CBRE Group, Inc. | −$25M |
| IQV IQVIA Holdings Inc. | −$24M |
| ACGL Arch Capital Group Ltd. | −$23M |
| SE Sea Limited | −$23M |
| PCG PG&E Corporationexit | −$23M |
| EA Electronic Arts Inc. | −$22M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $7.97B | 428 | +17.69% | +17.59% | +0.10% | +0.42B |
| 2025-12-31 | $8.02B | 396 | +17.19% | +17.72% | -0.53% | +2.92B |
| 2025-09-30 | $4.98B | 420 | +19.17% | +17.52% | +1.65% | +0.91B |
| 2025-06-30 | $3.73B | 399 | +16.86% | +14.94% | +1.91% | +0.99B |
| 2025-03-31 | $2.45B | 379 | +6.55% | +8.30% | -1.75% | +0.05B |
| 2024-12-31 | $2.56B | 401 | +23.34% | +24.89% | -1.54% | +0.16B |
| 2024-09-30 | $2.31B | 413 | +33.13% | +36.04% | -2.91% | +0.23B |
| 2024-06-30 | $1.94B | 412 | +20.27% | +24.49% | -4.22% | +0.17B |
| 2024-03-31 | $1.74B | 412 | +26.34% | +29.62% | -3.28% | +0.18B |
| 2023-12-31 | $1.44B | 389 | +12.46% | +11.64% | +0.82% | +0.26B |
| 2023-09-30 | $1.05B | 354 | -3.58% | -3.22% | -0.35% | -0.05B |
| 2023-06-30 | $1.14B | 364 | +7.35% | +8.68% | -1.33% | -0.13B |
| 2023-03-31 | $1.18B | 390 | — | — | — | — |