Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+18.29%
adds when stocks drop
when a holding falls −10%+
Middle response
+16.13%
steady accumulation
Rally response
+18.69%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VOOVanguard S&P 500 ETF | $238M | 6.5% | — | 2.5 yr |
| IUSBiShares Core Universal U | $154M | 4.2% | — | 2.5 yr |
| NVDANVIDIA Corporation | $135M | 3.7% | +60.9% | 2.5 yr |
| IVLUiShares MSCI Intl Value | $89M | 2.4% | — | 2.5 yr |
| SCHGSchwab U.S. Large-Cap Gr | $83M | 2.3% | — | 2.5 yr |
| IVViShares Core S&P 500 ETF | $81M | 2.2% | — | 2.3 yr |
| JQUAJPMorgan U.S. Quality Fa | $81M | 2.2% | — | 2.5 yr |
| AAPLApple Inc. | $78M | 2.1% | +14.7% | 2.5 yr |
| AGGiShares Core U.S. Aggreg | $67M | 1.8% | — | 2.5 yr |
| EFGiShares MSCI EAFE Growth | $52M | 1.4% | — | 2.5 yr |
| SPEMState Street SPDR Portfo | $49M | 1.3% | — | 2.5 yr |
| MSFTMicrosoft Corporation | $49M | 1.3% | -0.6% | 2.5 yr |
| FFIUUVA Unconstrained Medium | $49M | 1.3% | — | 1.5 yr |
| VTVVanguard Value ETF | $48M | 1.3% | — | 2.3 yr |
| MUBiShares National Muni Bo | $40M | 1.1% | — | 2.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management56.4%+10.6pp$2.06B
Asset Management - Bonds9.0%+0.1pp$328M
Semiconductors5.4%-3.0pp$195M
Asset Management - Income2.4%-2.3pp$87M
Consumer Electronics2.2%-1.1pp$79M
Internet Content & Information2.1%+0.0pp$76M
Software - Infrastructure1.8%-0.9pp$66M
Drug Manufacturers - General1.5%-1.6pp$54M
Banks - Regional1.1%+0.6pp$41M
Specialty Retail1.1%-0.5pp$39M
Country
US98.3%+0.0pp
Unknown0.4%+0.1pp
IE0.3%-0.1pp
CA0.3%+0.0pp
GB0.3%+0.1pp
CH0.1%-0.0pp
TW0.1%-0.0pp
JP0.0%-0.0pp
Top 5: 19.2% · Top 10: 29.0% · Top 25: 44.4%
Top buys this quarter · 15
| BUSE First Busey Corporation | +$29M |
| ASTS AST SpaceMobile, Inc.new | +$22M |
| AAPL Apple Inc. | +$16M |
| NVDA NVIDIA Corporation | +$11M |
| MSFT Microsoft Corporation | +$49M |
| AMZN Amazon.com, Inc. | +$6M |
| PG The Procter & Gamble Company | +$5M |
| GOOG Alphabet Inc. | +$4M |
| TSLA Tesla, Inc. | +$3M |
| META Meta Platforms, Inc. | +$3M |
Top sells this quarter · 15
| SNDK Sandisk Corporation | −$2M |
| INTC Intel Corporation | −$1M |
| SPY State Street SPDR S&P 500 ETF | −$1M |
| ODFL Old Dominion Freight Line, Inc | −$1M |
| PLD Prologis, Inc. | −$1M |
| DNLI Denali Therapeutics Inc.exit | −$1M |
| TMUS T-Mobile US, Inc. | −$1M |
| PWR Quanta Services, Inc. | −$0M |
| AMGN Amgen Inc. | −$0M |
| MDT Medtronic plc | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $3.65B | 1108 | +23.95% | +17.59% | +6.36% | +0.73B |
| 2025-12-31 | $3.01B | 992 | +18.78% | +17.72% | +1.06% | +0.86B |
| 2025-09-30 | $2.11B | 813 | +19.28% | +17.52% | +1.76% | +0.50B |
| 2025-06-30 | $1.47B | 642 | +14.38% | +14.94% | -0.56% | +0.35B |
| 2025-03-31 | $977M | 513 | +3.68% | +8.30% | -4.62% | +0.22B |
| 2024-12-31 | $816M | 445 | +19.15% | +24.89% | -5.74% | +0.32B |
| 2024-09-30 | $483M | 347 | +5.09% | +5.75% | -0.66% | +0.17B |
| 2024-06-30 | $301M | 296 | +3.65% | +4.38% | -0.73% | +0.12B |
| 2024-03-31 | $171M | 220 | +6.64% | +10.39% | -3.75% | +0.06B |
| 2023-12-31 | $101M | 155 | — | — | — | — |