Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+8.36%
adds when stocks drop
when a holding falls −10%+
Middle response
+3.65%
steady accumulation
Rally response
-3.94%
trims into rallies
when a holding rises +10%+
Top positions · 29
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| ARAntero Resources Corpora | $90M | 17.4% | +4.9% | 3.3 yr |
| GPORGulfport Energy Corporat | $74M | 14.5% | +14.9% | 1.3 yr |
| PRPermian Resources Corpor | $66M | 12.8% | +60.4% | 2.8 yr |
| CHRDChord Energy Corporation | $60M | 11.7% | +32.8% | 2.3 yr |
| BKRBaker Hughes Company | $59M | 11.5% | +41.7% | 2.8 yr |
| DARDarling Ingredients Inc. | $54M | 10.6% | +98.0% | 0.5 yr |
| CRCCalifornia Resources Cor | $27M | 5.2% | +62.5% | 1.5 yr |
| GNRCGenerac Holdings Inc. | $24M | 4.7% | +54.2% | 0.5 yr |
| EXEExpand Energy Corporatio | $22M | 4.2% | +1.7% | 0.3 yr |
| SHLSShoals Technologies Grou | $11M | 2.1% | +98.2% | 0.8 yr |
| NXTNextpower Inc. | $8M | 1.5% | +186.1% | 1.3 yr |
| EQTEQT Corporation | $6M | 1.1% | +20.5% | 3.3 yr |
| TRGPTarga Resources Corp. | $4M | 0.8% | +28.0% | 1.8 yr |
| DVNDevon Energy Corporation | $3M | 0.7% | +38.1% | 0.8 yr |
| DTMDT Midstream, Inc. | $1M | 0.2% | +43.6% | 1.8 yr |
Portfolio composition (YoY)
Industry mix
Oil & Gas Exploration & Production67.6%-26.0pp$348M
Oil & Gas Equipment & Services11.5%+9.7pp$59M
Packaged Foods10.6%$54M
Industrial - Machinery4.7%+3.8pp$24M
Solar2.1%$11M
Consumer Electronics1.5%+0.4pp$8M
Oil & Gas Midstream1.4%+0.1pp$7M
Oil & Gas Refining & Marketing0.3%+0.2pp$2M
Uranium0.2%+0.1pp$1M
Coal0.1%+0.1pp$1M
Country
US100.0%-0.0pp
Unknown0.0%
Top 5: 67.9% · Top 10: 94.7% · Top 25: 99.8%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| CHRD | $78M | +0.02B | 32.8% |
| EQT | $83M | +0.02B | 20.5% |
| PR | $23M | +0.01B | 60.4% |
| CRC | $20M | +0.01B | 62.5% |
| NXT | $4M | +0.01B | 186.1% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| HESM | $0M | -0.00B | -0.4% |
Top buys this quarter · 15
| GPOR Gulfport Energy Corporation | +$27M |
| EXE Expand Energy Corporationnew | +$22M |
| DAR Darling Ingredients Inc. | +$15M |
| SHLS Shoals Technologies Group, Inc | +$9M |
| PR Permian Resources Corporation | +$8M |
| AR Antero Resources Corporation | +$8M |
| BKR Baker Hughes Company | +$3M |
| NXT Nextpower Inc. | +$2M |
| GNRC Generac Holdings Inc. | +$2M |
| TRGP Targa Resources Corp. | +$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $515M | 29 | +30.66% | +17.59% | +13.07% | +0.07B |
| 2025-12-31 | $333M | 22 | +3.29% | +17.72% | -14.43% | +0.02B |
| 2025-09-30 | $315M | 21 | +13.59% | +17.52% | -3.93% | +0.02B |
| 2025-06-30 | $303M | 23 | +4.40% | +14.94% | -10.54% | -0.03B |
| 2025-03-31 | $331M | 21 | +7.09% | +8.30% | -1.21% | -0.03B |
| 2024-12-31 | $342M | 18 | +21.88% | +24.89% | -3.01% | -0.02B |
| 2024-09-30 | $332M | 16 | +5.59% | +36.04% | -30.44% | +0.01B |
| 2024-06-30 | $363M | 10 | +31.30% | +24.49% | +6.81% | -0.01B |
| 2024-03-31 | $363M | 11 | +32.44% | +29.62% | +2.81% | -0.01B |
| 2023-12-31 | $307M | 10 | -4.06% | +11.64% | -15.70% | -0.04B |
| 2023-09-30 | $363M | 11 | +10.74% | -3.22% | +13.96% | +0.03B |
| 2023-06-30 | $305M | 6 | +3.56% | +8.68% | -5.12% | -0.01B |
| 2023-03-31 | $302M | 8 | — | — | — | — |