Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-15.08%
trims when stocks drop
when a holding falls −10%+
Middle response
-6.15%
baseline attrition
Rally response
-8.86%
trims into rallies
when a holding rises +10%+
Top positions · 11
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AEVAAeva Technologies, Inc. | $214M | 27.6% | +88.0% | 2.3 yr |
| PCTPureCycle Technologies, | $177M | 22.9% | -25.0% | 2.8 yr |
| PIImpinj, Inc. | $116M | 15.0% | +13.2% | 2.8 yr |
| PAYCPaycom Software, Inc. | $84M | 10.8% | -43.9% | 2.3 yr |
| ESTCElastic N.V. | $70M | 9.1% | -43.9% | 2.8 yr |
| SSentinelOne, Inc. | $48M | 6.2% | -29.2% | 2.8 yr |
| XMTRXometry, Inc. | $22M | 2.8% | +63.9% | 2.5 yr |
| MYTEMYT Netherlands Parent B | $20M | 2.5% | — | 2.8 yr |
| EGHT8x8, Inc. | $15M | 1.9% | -17.0% | 2.8 yr |
| NUNu Holdings Ltd. | $7M | 0.9% | +40.3% | 2.5 yr |
| PTRNPattern Group Inc. Serie | $2M | 0.3% | — | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Auto - Parts27.6%+21.9pp$214M
Industrial - Pollution & Treatment Controls22.9%+11.0pp$177M
Software - Application22.1%-21.1pp$171M
Semiconductors15.0%+1.3pp$116M
Software - Infrastructure6.2%-5.8pp$48M
Industrial - Machinery2.8%+0.5pp$22M
Luxury Goods2.5%+1.1pp$20M
Banks - Diversified0.9%-1.0pp$7M
Country
US96.6%+10.1pp
DE2.5%+1.1pp
BR0.9%-3.3pp
Top 5: 85.4% · Top 10: 99.7% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $774M | 11 | -19.59% | +17.59% | -37.18% | -0.07B |
| 2025-12-31 | $1.15B | 11 | -7.78% | +17.72% | -25.50% | -0.37B |
| 2025-09-30 | $1.81B | 11 | +7.16% | +17.52% | -10.36% | -0.41B |
| 2025-06-30 | $2.45B | 17 | +31.35% | +14.94% | +16.41% | -0.42B |
| 2025-03-31 | $1.98B | 24 | -12.91% | +8.30% | -21.21% | -0.25B |
| 2024-12-31 | $2.67B | 26 | +8.61% | +24.89% | -16.28% | -0.28B |
| 2024-09-30 | $3.02B | 28 | +46.69% | +36.04% | +10.65% | +0.03B |
| 2024-06-30 | $2.70B | 30 | -3.93% | +4.38% | -8.31% | -0.19B |
| 2024-03-31 | $3.01B | 29 | +4.59% | +10.39% | -5.80% | +0.25B |
| 2023-12-31 | $2.64B | 24 | +31.63% | +11.64% | +19.99% | +0.16B |
| 2023-09-30 | $1.88B | 20 | — | — | — | — |