Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-6.35%
trims when stocks drop
when a holding falls −10%+
Middle response
-2.06%
baseline attrition
Rally response
-3.10%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $512M | 7.3% | +60.9% | 3.0 yr |
| MSFTMicrosoft Corporation | $343M | 4.9% | -0.6% | 3.0 yr |
| AMZNAmazon.com, Inc. | $340M | 4.8% | +9.5% | 3.0 yr |
| AAPLApple Inc. | $329M | 4.7% | +14.7% | 3.0 yr |
| GOOGLAlphabet Inc. | $204M | 2.9% | — | 3.0 yr |
| AVGOBroadcom Inc. | $165M | 2.3% | +86.0% | 3.0 yr |
| GOOGAlphabet Inc. | $165M | 2.3% | +84.3% | 3.0 yr |
| METAMeta Platforms, Inc. | $162M | 2.3% | -0.4% | 3.0 yr |
| MAMastercard Incorporated | $116M | 1.6% | -8.5% | 3.0 yr |
| TMOThermo Fisher Scientific | $115M | 1.6% | -0.9% | 3.0 yr |
| HYGiShares iBoxx $ High Yie | $107M | 1.5% | — | 3.0 yr |
| SJNKState Street SPDR Bloomb | $104M | 1.5% | — | 2.0 yr |
| CMSCMS Energy Corporation | $103M | 1.5% | +6.4% | 3.0 yr |
| WMTWalmart Inc. | $96M | 1.4% | +42.8% | 3.0 yr |
| VVisa Inc. | $94M | 1.3% | -13.1% | 3.0 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors15.9%+6.4pp$1.12B
Internet Content & Information7.7%+0.3pp$545M
Software - Infrastructure7.4%-0.2pp$525M
Specialty Retail5.4%+0.0pp$378M
Asset Management5.3%-0.7pp$372M
Consumer Electronics4.7%-0.5pp$329M
Asset Management - Bonds4.1%-1.2pp$289M
Financial - Credit Services3.2%-1.7pp$227M
Regulated Electric2.9%-0.2pp$205M
Drug Manufacturers - General2.7%+0.2pp$192M
Country
US95.0%+1.1pp
CA1.5%+0.3pp
GB1.2%-1.5pp
TW1.1%+0.9pp
SG0.4%+0.2pp
UY0.2%-0.1pp
NL0.1%-0.0pp
IL0.1%+0.1pp
Top 5: 24.5% · Top 10: 34.7% · Top 25: 53.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $7.05B | 395 | +16.23% | +17.59% | -1.36% | -0.32B |
| 2025-12-31 | $7.84B | 394 | +17.50% | +17.72% | -0.22% | +0.38B |
| 2025-09-30 | $7.31B | 402 | +19.88% | +17.52% | +2.36% | +0.14B |
| 2025-06-30 | $6.65B | 414 | +17.18% | +14.94% | +2.24% | +0.13B |
| 2025-03-31 | $5.81B | 427 | +7.06% | +8.30% | -1.25% | +0.39B |
| 2024-12-31 | $5.70B | 413 | +22.20% | +24.89% | -2.69% | -0.23B |
| 2024-09-30 | $5.69B | 476 | +31.93% | +36.04% | -4.10% | -0.08B |
| 2024-06-30 | $5.48B | 558 | +21.66% | +24.49% | -2.83% | +0.20B |
| 2024-03-31 | $5.15B | 558 | +8.56% | +10.39% | -1.83% | +0.18B |
| 2023-12-31 | $4.58B | 564 | +12.48% | +11.64% | +0.84% | +0.01B |
| 2023-09-30 | $4.06B | 553 | -2.76% | -3.22% | +0.46% | +0.40B |
| 2023-06-30 | $3.77B | 431 | — | — | — | — |