Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+22.80%
adds when stocks drop
when a holding falls −10%+
Middle response
+22.06%
steady accumulation
Rally response
+21.40%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $1.46B | 7.4% | +60.9% | 2.8 yr |
| AAPLApple Inc. | $1.30B | 6.6% | +14.7% | 2.8 yr |
| MSFTMicrosoft Corporation | $949M | 4.8% | -0.6% | 2.8 yr |
| AMZNAmazon.com, Inc. | $739M | 3.7% | +9.5% | 2.8 yr |
| VTWOVanguard Russell 2000 ET | $662M | 3.3% | — | 2.5 yr |
| GOOGLAlphabet Inc. | $577M | 2.9% | — | 2.8 yr |
| TSLATesla, Inc. | $520M | 2.6% | +43.4% | 2.8 yr |
| METAMeta Platforms, Inc. | $515M | 2.6% | -0.4% | 2.8 yr |
| GOOGAlphabet Inc. | $504M | 2.5% | +84.3% | 2.8 yr |
| AVGOBroadcom Inc. | $503M | 2.5% | +86.0% | 2.8 yr |
| WMTWalmart Inc. | $411M | 2.1% | +42.8% | 2.8 yr |
| COSTCostco Wholesale Corpora | $307M | 1.6% | +5.9% | 2.8 yr |
| NFLXNetflix, Inc. | $282M | 1.4% | +3.1% | 2.8 yr |
| MUMicron Technology, Inc. | $264M | 1.3% | +289.6% | 2.8 yr |
| PLTRPalantir Technologies In | $232M | 1.2% | +73.3% | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors18.5%+7.0pp$3.66B
Internet Content & Information8.3%+2.1pp$1.64B
Software - Infrastructure7.5%+0.0pp$1.49B
Consumer Electronics6.6%-0.1pp$1.30B
Asset Management6.1%+1.0pp$1.21B
Specialty Retail4.6%+0.2pp$905M
Discount Stores3.7%+1.8pp$733M
Drug Manufacturers - General3.0%-1.2pp$596M
Software - Application2.9%-0.3pp$564M
Auto - Manufacturers2.7%+1.0pp$537M
Country
US95.7%-0.3pp
GB1.0%-0.1pp
CA1.0%+0.8pp
IE0.8%-0.8pp
NL0.5%+0.2pp
Unknown0.3%+0.1pp
SG0.3%+0.3pp
UY0.2%+0.1pp
Top 5: 25.8% · Top 10: 39.1% · Top 25: 55.2%
Top buys this quarter · 15
| WMT Walmart Inc. | +$337M |
| NVDA NVIDIA Corporation | +$230M |
| AAPL Apple Inc. | +$208M |
| MSFT Microsoft Corporation | +$949M |
| TSLA Tesla, Inc. | +$126M |
| AMZN Amazon.com, Inc. | +$120M |
| META Meta Platforms, Inc. | +$94M |
| AVGO Broadcom Inc. | +$86M |
| GOOG Alphabet Inc. | +$81M |
| COST Costco Wholesale Corporation | +$67M |
Top sells this quarter · 15
| CAT Caterpillar Inc. | −$19M |
| NEE NextEra Energy, Inc. | −$18M |
| PWR Quanta Services, Inc. | −$14M |
| POWL Powell Industries, Inc.exit | −$14M |
| ETN Eaton Corporation plc | −$13M |
| TKR The Timken Companyexit | −$13M |
| ETR Entergy Corporation | −$13M |
| CGNX Cognex Corporationexit | −$12M |
| MOD Modine Manufacturing Companyexit | −$12M |
| ATI ATI Inc.exit | −$11M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $19.77B | 574 | +19.81% | +17.59% | +2.22% | +3.36B |
| 2025-12-31 | $17.28B | 649 | +19.13% | +17.72% | +1.41% | +3.57B |
| 2025-09-30 | $13.35B | 627 | +19.07% | +17.52% | +1.56% | +4.57B |
| 2025-06-30 | $8.08B | 615 | +14.98% | +14.94% | +0.04% | +2.12B |
| 2025-03-31 | $5.27B | 596 | +4.81% | +8.30% | -3.49% | +1.26B |
| 2024-12-31 | $4.24B | 587 | +18.70% | +24.89% | -6.19% | +0.85B |
| 2024-09-30 | $3.31B | 579 | +31.05% | +36.04% | -4.99% | +0.76B |
| 2024-06-30 | $2.43B | 569 | +3.06% | +4.38% | -1.31% | +0.76B |
| 2024-03-31 | $1.61B | 566 | +6.94% | +10.39% | -3.45% | +0.48B |
| 2023-12-31 | $1.06B | 509 | +13.30% | +11.64% | +1.66% | +0.17B |
| 2023-09-30 | $783M | 357 | — | — | — | — |