Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+2.29%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.49%
steady accumulation
Rally response
-0.03%
trims into rallies
when a holding rises +10%+
Top positions · 7
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| CGNTCognyte Software Ltd. | $51M | 39.8% | +3.8% | 1.5 yr |
| VLNValens Semiconductor Ltd | $24M | 19.1% | -44.6% | 1.5 yr |
| AUDCAudioCodes Ltd. | $22M | 17.4% | -6.3% | 1.5 yr |
| PERIPerion Network Ltd. | $15M | 12.2% | +22.7% | 1.3 yr |
| RDCMRADCOM Ltd. | $11M | 8.3% | +6.4% | 1.5 yr |
| OBOutbrain Inc. | $4M | 3.0% | — | 1.5 yr |
| DRTSWAlpha Tau Medical Ltd. | $0M | 0.1% | — | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Software - Infrastructure39.8%+10.7pp$51M
Semiconductors19.1%-8.4pp$24M
Communication Equipment17.4%+5.0pp$22M
Internet Content & Information15.2%-8.1pp$19M
Telecommunications Services8.3%+2.0pp$11M
Biotechnology0.1%+0.1pp$0M
Country
IL97.0%+8.0pp
US3.0%-8.0pp
Top 5: 96.9% · Top 10: 100.0% · Top 25: 100.0%
Top buys this quarter · 3
| AUDC AudioCodes Ltd. | +$5M |
| CGNT Cognyte Software Ltd. | +$51M |
| VLN Valens Semiconductor Ltd. | +$24M |
Top sells this quarter · 1
| ZIM ZIM Integrated Shipping Servicexit | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $127M | 7 | -10.66% | +17.59% | -28.25% | +0.01B |
| 2025-12-31 | $133M | 8 | -12.57% | +17.72% | -30.28% | -0.00B |
| 2025-09-30 | $141M | 7 | -14.20% | +8.12% | -22.32% | -0.01B |
| 2025-06-30 | $175M | 7 | +20.74% | +10.78% | +9.97% | -0.01B |
| 2025-03-31 | $153M | 8 | -12.62% | -4.27% | -8.35% | +0.01B |
| 2024-12-31 | $163M | 8 | — | — | — | — |