Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+52.55%
adds when stocks drop
when a holding falls −10%+
Middle response
-11.43%
baseline attrition
Rally response
+6.08%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| XLUState Street Utilities S | $54M | 11.2% | — | 0.3 yr |
| RSPInvesco S&P 500 Equal We | $49M | 10.1% | — | 0.3 yr |
| IEIiShares 3-7 Year Treasur | $49M | 10.0% | — | 0.3 yr |
| TSMTaiwan Semiconductor Man | $39M | 8.1% | +105.6% | 1.3 yr |
| XLEState Street Energy Sele | $37M | 7.6% | — | 0.3 yr |
| NVDANVIDIA Corporation | $34M | 7.1% | +60.9% | 0.8 yr |
| SMHVanEck Semiconductor ETF | $30M | 6.2% | — | 1.0 yr |
| VTIPVanguard Short-Term Infl | $25M | 5.1% | — | 0.3 yr |
| GLDSPDR Gold Shares | $23M | 4.7% | — | 0.3 yr |
| XLBState Street Materials S | $15M | 3.1% | — | 0.3 yr |
| AAPLApple Inc. | $15M | 3.0% | +14.7% | 0.5 yr |
| NUNu Holdings Ltd. | $14M | 2.9% | +40.3% | 0.5 yr |
| AMZNAmazon.com, Inc. | $13M | 2.7% | +9.5% | 0.8 yr |
| XTLState Street SPDR S&P Te | $12M | 2.5% | — | 0.3 yr |
| GOOGLAlphabet Inc. | $12M | 2.4% | — | 0.8 yr |
Portfolio composition (YoY)
Industry mix
Asset Management66.3%-10.4pp$323M
Semiconductors16.0%+13.6pp$78M
Asset Management - Leveraged5.1%$25M
Consumer Electronics3.0%$15M
Banks - Diversified2.9%+2.8pp$14M
Specialty Retail2.7%$13M
Internet Content & Information2.4%$12M
Auto - Manufacturers0.9%$4M
Asset Management - Bonds0.6%-20.3pp$3M
Drug Manufacturers - General0.0%$0M
Country
US89.1%-8.5pp
TW8.1%+5.7pp
BR2.9%
Top 5: 46.9% · Top 10: 73.0% · Top 25: 99.8%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $487M | 31 | +18.66% | +17.59% | +1.07% | +0.21B |
| 2025-12-31 | $291M | 14 | +18.44% | +17.72% | +0.72% | +0.00B |
| 2025-09-30 | $283M | 12 | +18.83% | +17.52% | +1.31% | +0.01B |
| 2025-06-30 | $251M | 14 | +15.58% | +14.94% | +0.64% | -0.10B |
| 2025-03-31 | $318M | 7 | +8.00% | +8.30% | -0.30% | -0.01B |
| 2024-12-31 | $343M | 5 | +24.89% | +24.89% | -0.00% | +0.06B |
| 2024-09-30 | $271M | 3 | +5.75% | +5.75% | +0.00% | -0.03B |
| 2024-06-30 | $286M | 4 | +4.38% | +4.38% | +0.00% | +0.00B |
| 2024-03-31 | $270M | 4 | +10.39% | +10.39% | -0.00% | +0.02B |
| 2023-12-31 | $226M | 3 | — | — | — | — |