Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.79%
adds when stocks drop
when a holding falls −10%+
Middle response
+7.16%
steady accumulation
Rally response
+7.15%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $267M | 2.9% | +14.7% | 2.5 yr |
| NVDANVIDIA Corporation | $239M | 2.6% | +60.9% | 2.5 yr |
| MSFTMicrosoft Corporation | $215M | 2.4% | -0.6% | 2.5 yr |
| VOOVanguard S&P 500 ETF | $206M | 2.3% | — | 2.5 yr |
| BILState Street SPDR Bloomb | $156M | 1.7% | — | 2.5 yr |
| FTSMFirst Trust Enhanced Sho | $155M | 1.7% | — | 2.5 yr |
| AMZNAmazon.com, Inc. | $137M | 1.5% | +9.5% | 2.5 yr |
| SPYState Street SPDR S&P 50 | $124M | 1.4% | +17.6% | 2.5 yr |
| GOOGLAlphabet Inc. | $109M | 1.2% | — | 2.5 yr |
| GLDSPDR Gold Shares | $106M | 1.2% | — | 2.5 yr |
| IVViShares Core S&P 500 ETF | $105M | 1.2% | — | 2.5 yr |
| AVGOBroadcom Inc. | $84M | 0.9% | +86.0% | 2.5 yr |
| QQQInvesco QQQ Trust, Serie | $82M | 0.9% | — | 2.5 yr |
| WMTWalmart Inc. | $80M | 0.9% | +42.8% | 2.5 yr |
| GOOGAlphabet Inc. | $75M | 0.8% | +84.3% | 2.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management47.5%-1.6pp$4.33B
Semiconductors5.5%+2.1pp$503M
Asset Management - Bonds3.8%+0.6pp$349M
Software - Infrastructure3.4%+0.3pp$314M
Internet Content & Information3.0%+0.8pp$270M
Consumer Electronics2.9%-0.4pp$268M
Drug Manufacturers - General2.4%+0.0pp$215M
Asset Management - Leveraged2.2%+2.1pp$204M
Specialty Retail1.8%-0.3pp$165M
Banks - Diversified1.6%+0.3pp$143M
Country
US96.9%-0.8pp
IE0.7%-0.0pp
Unknown0.6%+0.2pp
GB0.3%-0.1pp
CH0.3%+0.2pp
CA0.3%+0.2pp
NL0.2%+0.0pp
TW0.1%+0.1pp
Top 5: 11.9% · Top 10: 18.8% · Top 25: 30.3%
Top buys this quarter · 15
| MSFT Microsoft Corporation | +$215M |
| AAPL Apple Inc. | +$267M |
| AZN AstraZeneca PLCnew | +$5M |
| AVGO Broadcom Inc. | +$84M |
| OMC Omnicom Group Inc. | +$4M |
| ES Eversource Energy | +$4M |
| IPGP IPG Photonics Corporationnew | +$4M |
| URI United Rentals, Inc. | +$4M |
| NEE NextEra Energy, Inc. | +$3M |
| CVX Chevron Corporation | +$3M |
Top sells this quarter · 15
| SPY State Street SPDR S&P 500 ETF | −$36M |
| MU Micron Technology, Inc. | −$11M |
| SANM Sanmina Corporationexit | −$5M |
| JLL Jones Lang LaSalle Incorporate | −$5M |
| GE GE Aerospace | −$5M |
| GOOG Alphabet Inc. | −$5M |
| COF Capital One Financial Corporat | −$4M |
| BKR Baker Hughes Company | −$4M |
| RTX RTX Corporation | −$4M |
| W Wayfair Inc.exit | −$4M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $9.12B | 1841 | +17.38% | +17.59% | -0.21% | +0.67B |
| 2025-12-31 | $8.70B | 1705 | +16.94% | +17.72% | -0.78% | +2.86B |
| 2025-09-30 | $5.76B | 1411 | +18.32% | +17.52% | +0.80% | +0.23B |
| 2025-06-30 | $5.12B | 1334 | +16.27% | +14.94% | +1.33% | +0.62B |
| 2025-03-31 | $4.08B | 1189 | +7.61% | +8.30% | -0.69% | +0.53B |
| 2024-12-31 | $3.67B | 1032 | +17.09% | +24.89% | -7.79% | +0.23B |
| 2024-09-30 | $3.35B | 1004 | +6.03% | +5.75% | +0.28% | +0.16B |
| 2024-06-30 | $3.00B | 926 | +2.20% | +4.38% | -2.18% | +0.51B |
| 2024-03-31 | $2.44B | 860 | +5.30% | +10.39% | -5.09% | +0.23B |
| 2023-12-31 | $2.09B | 823 | — | — | — | — |