Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-13.39%
trims when stocks drop
when a holding falls −10%+
Middle response
-3.84%
baseline attrition
Rally response
-4.23%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| LLYEli Lilly and Company | $1.33B | 20.0% | +12.2% | 2.5 yr |
| SQSSapient Quality Select E | $1.21B | 18.2% | — | 0.3 yr |
| APPAppLovin Corporation | $506M | 7.6% | +50.2% | 2.5 yr |
| AAPLApple Inc. | $280M | 4.2% | +14.7% | 2.5 yr |
| GOOGLAlphabet Inc. | $180M | 2.7% | — | 2.5 yr |
| MSFTMicrosoft Corporation | $177M | 2.7% | -0.6% | 2.5 yr |
| AVGOBroadcom Inc. | $149M | 2.2% | +86.0% | 2.5 yr |
| JPMJPMorgan Chase & Co. | $108M | 1.6% | +21.8% | 2.5 yr |
| VSTVistra Corp. | $104M | 1.6% | +28.7% | 2.5 yr |
| NVDANVIDIA Corporation | $88M | 1.3% | +60.9% | 2.5 yr |
| AMZNAmazon.com, Inc. | $82M | 1.2% | +9.5% | 2.5 yr |
| METAMeta Platforms, Inc. | $75M | 1.1% | -0.4% | 2.5 yr |
| COSTCostco Wholesale Corpora | $73M | 1.1% | +5.9% | 2.5 yr |
| TSMTaiwan Semiconductor Man | $71M | 1.1% | +105.6% | 2.5 yr |
| SPYState Street SPDR S&P 50 | $61M | 0.9% | +17.6% | 2.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management26.2%+18.9pp$1.74B
Drug Manufacturers - General21.5%-0.6pp$1.43B
Software - Application8.1%+0.6pp$538M
Semiconductors5.6%+0.3pp$369M
Internet Content & Information4.4%-0.5pp$293M
Consumer Electronics4.2%-1.9pp$281M
Software - Infrastructure3.1%-2.2pp$206M
Banks - Diversified2.8%-1.4pp$184M
Specialty Retail2.0%-2.3pp$133M
Aerospace & Defense1.9%+0.2pp$127M
Country
US97.1%+0.3pp
TW1.1%+0.6pp
CA0.5%+0.2pp
GB0.4%-0.1pp
CN0.3%+0.0pp
UY0.3%-0.6pp
IT0.2%-0.4pp
IE0.0%-0.0pp
Top 5: 52.8% · Top 10: 62.3% · Top 25: 75.2%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $6.63B | 443 | +21.28% | +17.59% | +3.69% | +0.34B |
| 2025-12-31 | $7.12B | 417 | +31.94% | +17.72% | +14.22% | +0.18B |
| 2025-09-30 | $6.50B | 388 | +30.49% | +17.52% | +12.97% | +0.07B |
| 2025-06-30 | $5.58B | 373 | +21.40% | +14.94% | +6.46% | -0.08B |
| 2025-03-31 | $5.07B | 364 | +17.31% | +8.30% | +9.01% | +0.03B |
| 2024-12-31 | $5.24B | 367 | +42.83% | +24.89% | +17.94% | -0.03B |
| 2024-09-30 | $4.98B | 389 | +7.02% | +5.75% | +1.26% | -0.16B |
| 2024-06-30 | $4.80B | 364 | +7.92% | +4.38% | +3.54% | -0.07B |
| 2024-03-31 | $4.51B | 369 | +17.02% | +10.39% | +6.63% | -0.09B |
| 2023-12-31 | $3.94B | 497 | — | — | — | — |