Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.00%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.00%
baseline attrition
Rally response
+40.68%
adds into rallies
when a holding rises +10%+
Top positions · 16
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| CROXCrocs, Inc. | $237M | 69.2% | -21.8% | 2.5 yr |
| PHYSSprott Physical Gold Tru | $33M | 9.7% | — | 0.8 yr |
| PSLVSprott Physical Silver T | $25M | 7.2% | — | 0.8 yr |
| SILJAmplify Junior Silver Mi | $11M | 3.3% | — | 0.8 yr |
| SILGlobal X - Silver Miners | $7M | 2.0% | — | 0.8 yr |
| FROFrontline Ltd. | $5M | 1.5% | +150.6% | 0.3 yr |
| DHTDHT Holdings, Inc. | $5M | 1.5% | +87.2% | 0.3 yr |
| URNMSprott Uranium Miners ET | $5M | 1.3% | — | 0.8 yr |
| PPLTabrdn Physical Platinum | $4M | 1.2% | — | 0.8 yr |
| PBR-APetróleo Brasileiro S.A | $2M | 0.6% | — | 0.5 yr |
| CNQCanadian Natural Resourc | $2M | 0.6% | +66.0% | 0.5 yr |
| GLNGGolar LNG Limited | $2M | 0.6% | +45.8% | 0.5 yr |
| XOMExxon Mobil Corporation | $2M | 0.5% | +47.6% | 0.5 yr |
| URNJSprott Junior Uranium Mi | $1M | 0.3% | — | 0.8 yr |
| XOPState Street SPDR S&P Oi | $0M | 0.1% | — | 0.8 yr |
Portfolio composition (YoY)
Industry mix
Apparel - Footwear & Accessories69.2%-30.8pp$237M
Asset Management23.4%$80M
Oil & Gas Midstream3.6%$12M
Asset Management - Global2.0%$7M
Oil & Gas Integrated1.2%$4M
Oil & Gas Exploration & Production0.6%$2M
Country
US78.2%-21.8pp
CA17.5%
BM3.6%
BR0.6%
Top 5: 91.5% · Top 10: 97.7% · Top 25: 100.0%
Top buys this quarter · 13
| PPLT abrdn Physical Platinum Shares | +$0M |
| SILJ Amplify Junior Silver Miners E | +$0M |
| SIL Global X - Silver Miners ETF | +$0M |
| PBR-A Petróleo Brasileiro S.A. - Pe | +$0M |
| PHYS Sprott Physical Gold Trust | +$0M |
| PSLV Sprott Physical Silver Trust | +$0M |
| URNM Sprott Uranium Miners ETF | +$0M |
| URNJ Sprott Junior Uranium Miners E | +$0M |
| FRO Frontline Ltd.new | +$5M |
| DHT DHT Holdings, Inc.new | +$5M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $342M | 16 | -21.04% | +17.59% | -38.63% | +0.06B |
| 2025-12-31 | $289M | 16 | -21.91% | +17.72% | -39.63% | +0.01B |
| 2025-09-30 | $269M | 13 | -42.29% | +17.52% | -59.81% | +0.03B |
| 2025-06-30 | $289M | 1 | -30.60% | +14.94% | -45.54% | -0.00B |
| 2025-03-31 | $303M | 1 | -26.15% | +8.30% | -34.45% | +0.00B |
| 2024-12-31 | $312M | 1 | +17.26% | +24.89% | -7.63% | -0.00B |
| 2024-09-30 | $413M | 1 | -0.77% | +5.75% | -6.53% | +0.00B |
| 2024-06-30 | $416M | 1 | +1.49% | +4.38% | -2.89% | +0.00B |
| 2024-03-31 | $410M | 1 | +53.94% | +10.39% | +43.55% | -0.00B |
| 2023-12-31 | $266M | 1 | — | — | — | — |