Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-20.71%
trims when stocks drop
when a holding falls −10%+
Middle response
-14.34%
baseline attrition
Rally response
-3.99%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $10M | 5.2% | +60.9% | 3.0 yr |
| FLTRVanEck IG Floating Rate | $9M | 4.7% | — | 0.8 yr |
| MSFTMicrosoft Corporation | $9M | 4.6% | -0.6% | 3.0 yr |
| BINCiShares Flexible Income | $8M | 4.3% | — | 1.0 yr |
| AGGiShares Core U.S. Aggreg | $7M | 3.6% | — | 1.5 yr |
| GOOGAlphabet Inc. | $6M | 3.2% | +84.3% | 3.0 yr |
| CWCurtiss-Wright Corporati | $6M | 2.9% | +115.0% | 2.0 yr |
| VTVVanguard Value ETF | $6M | 2.9% | — | 2.0 yr |
| AAPLApple Inc. | $6M | 2.9% | +14.7% | 3.0 yr |
| GLDSPDR Gold Shares | $5M | 2.4% | — | 1.5 yr |
| AMZNAmazon.com, Inc. | $5M | 2.4% | +9.5% | 3.0 yr |
| CVXChevron Corporation | $4M | 2.2% | +29.2% | 3.0 yr |
| ICLOInvesco AAA CLO Floating | $4M | 2.1% | — | 2.0 yr |
| JAAAJanus Henderson AAA CLO | $4M | 2.1% | — | 2.0 yr |
| WMTWalmart Inc. | $4M | 1.9% | +42.8% | 2.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management43.6%-2.7pp$83M
Semiconductors10.2%+6.7pp$19M
Internet Content & Information6.1%+2.8pp$12M
Software - Infrastructure5.6%+0.4pp$11M
Asset Management - Income3.9%-5.9pp$8M
Aerospace & Defense3.9%-3.3pp$7M
Oil & Gas Integrated3.7%+2.1pp$7M
Consumer Electronics2.9%+0.4pp$6M
Specialty Retail2.4%+0.6pp$5M
Discount Stores2.2%+1.0pp$4M
Country
US98.4%-1.5pp
CA0.8%
TW0.5%
RU0.2%
IE0.1%
Top 5: 22.4% · Top 10: 36.8% · Top 25: 63.4%
Top buys this quarter · 15
| GLW Corning Incorporatednew | +$0M |
| AEP American Electric Power Compannew | +$0M |
| MPC Marathon Petroleum Corporationnew | +$0M |
| GEV GE Vernova Inc.new | +$0M |
| PM Philip Morris International In | +$0M |
| NFLX Netflix, Inc. | +$0M |
| VNT Vontier Corporation | +$0M |
| COF Capital One Financial Corporat | +$0M |
| JBHT J.B. Hunt Transport Services, | +$0M |
| MRK Merck & Co., Inc. | +$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $190M | 140 | +30.92% | +17.59% | +13.32% | -0.16B |
| 2025-12-31 | $365M | 155 | +24.62% | +17.72% | +6.90% | +0.01B |
| 2025-09-30 | $346M | 127 | +27.69% | +17.52% | +10.18% | +0.01B |
| 2025-06-30 | $299M | 112 | +18.23% | +14.94% | +3.29% | +0.09B |
| 2025-03-31 | $176M | 103 | +4.04% | +8.30% | -4.27% | -0.09B |
| 2024-12-31 | $291M | 106 | +23.56% | +24.89% | -1.33% | -0.03B |
| 2024-09-30 | $306M | 100 | +30.46% | +36.04% | -5.58% | +0.03B |
| 2024-06-30 | $267M | 105 | +23.66% | +24.49% | -0.83% | +0.00B |
| 2024-03-31 | $254M | 96 | +9.89% | +10.39% | -0.50% | +0.01B |
| 2023-12-31 | $220M | 92 | +10.56% | +11.64% | -1.08% | +0.10B |
| 2023-09-30 | $111M | 67 | -2.47% | -3.22% | +0.75% | -0.03B |
| 2023-06-30 | $144M | 51 | — | — | — | — |