Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.57%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.76%
steady accumulation
Rally response
+2.34%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VOOVanguard S&P 500 ETF | $55M | 12.5% | — | 3.5 yr |
| NVDANVIDIA Corporation | $27M | 6.1% | +60.9% | 3.5 yr |
| VBVanguard Small-Cap ETF | $26M | 6.0% | — | 3.5 yr |
| AAPLApple Inc. | $18M | 4.1% | +14.7% | 3.5 yr |
| GOOGAlphabet Inc. | $14M | 3.1% | +84.3% | 3.5 yr |
| MSFTMicrosoft Corporation | $10M | 2.3% | -0.6% | 3.5 yr |
| AVGOBroadcom Inc. | $8M | 1.9% | +86.0% | 3.5 yr |
| BRK-BBerkshire Hathaway Inc. | $8M | 1.9% | — | 3.5 yr |
| METAMeta Platforms, Inc. | $7M | 1.6% | -0.4% | 3.3 yr |
| MCKMcKesson Corporation | $7M | 1.6% | +29.1% | 3.5 yr |
| PMPhilip Morris Internatio | $7M | 1.5% | +7.9% | 3.5 yr |
| BBUSJPMorgan BetaBuilders U. | $6M | 1.3% | — | 2.5 yr |
| VSTVistra Corp. | $6M | 1.3% | +28.7% | 2.8 yr |
| VEUVanguard FTSE All-World | $5M | 1.2% | — | 3.5 yr |
| JNJJohnson & Johnson | $5M | 1.2% | +51.5% | 3.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management30.0%+1.4pp$131M
Semiconductors11.4%+4.0pp$50M
Internet Content & Information5.5%+1.0pp$24M
Drug Manufacturers - General4.3%-0.9pp$19M
Consumer Electronics4.1%-0.0pp$18M
Software - Infrastructure3.6%-1.0pp$16M
Tobacco2.7%-0.1pp$12M
Insurance - Diversified2.4%-1.7pp$11M
Aerospace & Defense1.9%+0.5pp$8M
Banks - Diversified1.8%-1.2pp$8M
Country
US98.2%+1.4pp
IL0.6%-0.5pp
IE0.4%-0.3pp
CA0.2%
GB0.2%-0.1pp
CH0.1%-0.0pp
NL0.1%
FR0.1%
Top 5: 31.9% · Top 10: 41.1% · Top 25: 57.5%
Top buys this quarter · 15
| NVDA NVIDIA Corporation | +$27M |
| MSFT Microsoft Corporation | +$10M |
| AAPL Apple Inc. | +$18M |
| CTAS Cintas Corporation | +$1M |
| EXPE Expedia Group, Inc. | +$1M |
| MA Mastercard Incorporated | +$3M |
| GS The Goldman Sachs Group, Inc. | +$0M |
| MEDP Medpace Holdings, Inc.new | +$0M |
| WDC Western Digital Corporationnew | +$0M |
| GOOG Alphabet Inc. | +$14M |
Top sells this quarter · 15
| WFC Wells Fargo & Companyexit | −$4M |
| ACGL Arch Capital Group Ltd.exit | −$3M |
| COF Capital One Financial Corporatexit | −$2M |
| C Citigroup Inc.exit | −$2M |
| ORCL Oracle Corporationexit | −$1M |
| BMY Bristol-Myers Squibb Companyexit | −$1M |
| MS Morgan Stanleyexit | −$1M |
| QCOM QUALCOMM Incorporated | −$0M |
| GLW Corning Incorporated | −$1M |
| CF CF Industries Holdings, Inc. | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $437M | 240 | +19.71% | +17.59% | +2.12% | +0.00B |
| 2025-12-31 | $446M | 231 | +22.25% | +17.72% | +4.53% | -0.00B |
| 2025-09-30 | $440M | 230 | +24.39% | +17.52% | +6.88% | -0.01B |
| 2025-06-30 | $416M | 226 | +22.01% | +14.94% | +7.07% | -0.01B |
| 2025-03-31 | $382M | 228 | +15.66% | +8.30% | +7.36% | +0.09B |
| 2024-12-31 | $291M | 75 | +27.98% | +24.89% | +3.09% | -0.00B |
| 2024-09-30 | $280M | 70 | +33.16% | +36.04% | -2.88% | -0.07B |
| 2024-06-30 | $328M | 183 | +22.93% | +24.49% | -1.57% | +0.07B |
| 2024-03-31 | $244M | 68 | +22.99% | +29.62% | -6.63% | -0.05B |
| 2023-12-31 | $272M | 165 | +11.62% | +26.18% | -14.56% | +0.09B |
| 2023-09-30 | $169M | 57 | -2.13% | -3.22% | +1.09% | -0.03B |
| 2023-06-30 | $200M | 135 | +5.47% | +8.68% | -3.21% | +0.00B |
| 2023-03-31 | $188M | 141 | -0.43% | +7.46% | -7.88% | +0.01B |
| 2022-12-31 | $183M | 266 | — | — | — | — |