Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+14.44%
adds when stocks drop
when a holding falls −10%+
Middle response
-7.03%
baseline attrition
Rally response
-26.64%
trims into rallies
when a holding rises +10%+
Top positions · 10
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AXLAmerican Axle & Manufact | $26M | 23.1% | — | 0.8 yr |
| GPREGreen Plains Inc. | $17M | 15.1% | +239.2% | 3.5 yr |
| CSTMConstellium SE | $14M | 11.8% | +143.6% | 3.5 yr |
| WTTRSelect Water Solutions, | $13M | 11.5% | +50.0% | 0.3 yr |
| — | $10M | 9.0% | — | 1.0 yr |
| BTUPeabody Energy Corporati | $8M | 6.9% | +146.4% | 0.3 yr |
| WCCWESCO International, Inc | $7M | 6.1% | +77.6% | 1.8 yr |
| — | $7M | 5.9% | — | 0.5 yr |
| SOLSSolstice Advanced Materi | $6M | 5.5% | — | 0.5 yr |
| LHXL3Harris Technologies, I | $6M | 5.0% | +67.7% | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Auto - Parts23.1%$26M
Chemicals - Specialty20.6%+13.7pp$24M
Unknown14.9%$17M
Aluminum11.8%-17.7pp$14M
Regulated Water11.5%$13M
Coal6.9%$8M
Industrial - Distribution6.1%-6.0pp$7M
Aerospace & Defense5.0%$6M
Country
US73.3%+4.6pp
Unknown14.9%
FR11.8%-7.8pp
Top 5: 70.5% · Top 10: 100.0% · Top 25: 100.0%
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $114M | 10 | +94.26% | +17.59% | +76.67% | -0.01B |
| 2025-12-31 | $90M | 9 | +19.09% | +17.72% | +1.37% | -0.00B |
| 2025-09-30 | $73M | 7 | -10.12% | +17.52% | -27.63% | +0.00B |
| 2025-06-30 | $65M | 8 | -39.54% | +14.94% | -54.48% | -0.03B |
| 2025-03-31 | $89M | 8 | -46.95% | +8.30% | -55.26% | -0.01B |
| 2024-12-31 | $119M | 8 | -32.50% | +24.89% | -57.39% | +0.01B |
| 2024-09-30 | $119M | 6 | -28.22% | +36.04% | -64.26% | -0.00B |
| 2024-06-30 | $159M | 6 | +4.03% | +24.49% | -20.46% | +0.01B |
| 2024-03-31 | $171M | 7 | +31.83% | +29.62% | +2.21% | -0.02B |
| 2023-12-31 | $178M | 6 | +18.39% | +26.18% | -7.79% | -0.03B |
| 2023-09-30 | $207M | 9 | +9.41% | -3.22% | +12.63% | +0.01B |
| 2023-06-30 | $180M | 7 | +13.28% | +8.68% | +4.60% | +0.02B |
| 2023-03-31 | $143M | 7 | -5.76% | +7.46% | -13.22% | -0.01B |
| 2022-12-31 | $162M | 8 | — | — | — | — |