Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+5.06%
adds when stocks drop
when a holding falls −10%+
Middle response
+2.63%
steady accumulation
Rally response
+2.90%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| MTSIMACOM Technology Solutio | $27M | 15.2% | +121.2% | 2.5 yr |
| PDFSPDF Solutions, Inc. | $15M | 8.6% | +71.2% | 2.5 yr |
| HLITHarmonic Inc. | $12M | 6.6% | -6.4% | 2.5 yr |
| ADIAnalog Devices, Inc. | $11M | 6.3% | +60.2% | 2.5 yr |
| PTCPTC Inc. | $10M | 5.7% | -8.0% | 2.5 yr |
| TXNTexas Instruments Incorp | $9M | 5.1% | +11.4% | 2.5 yr |
| TDAYUSA TODAY Co., Inc. | $6M | 3.1% | +143.9% | 2.5 yr |
| KRNTKornit Digital Ltd. | $5M | 2.9% | -23.2% | 2.5 yr |
| DDD3D Systems Corporation | $5M | 2.8% | -11.3% | 2.5 yr |
| NVECNVE Corporation | $5M | 2.5% | +9.1% | 2.5 yr |
| GSITGSI Technology, Inc. | $4M | 2.2% | +153.2% | 2.5 yr |
| APYXApyx Medical Corporation | $4M | 2.1% | +169.3% | 2.5 yr |
| DMRCDigimarc Corporation | $4M | 2.1% | -61.7% | 2.5 yr |
| IBMInternational Business M | $4M | 2.1% | -0.1% | 2.5 yr |
| JNJJohnson & Johnson | $3M | 1.9% | +51.5% | 2.5 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors33.0%+11.6pp$59M
Software - Application14.3%+1.1pp$26M
Communication Equipment6.6%-0.9pp$12M
Information Technology Services4.2%-4.5pp$8M
Oil & Gas Midstream4.2%-1.5pp$8M
Computer Hardware3.9%-0.6pp$7M
Software - Infrastructure3.7%-3.3pp$7M
Publishing3.3%+1.2pp$6M
Drug Manufacturers - Specialty & Generic3.1%+0.1pp$6M
Industrial - Machinery2.9%-0.1pp$5M
Country
US90.8%-0.8pp
IL6.1%+0.6pp
Unknown2.1%+0.3pp
IE0.4%-0.2pp
NL0.4%+0.0pp
CH0.2%+0.0pp
Top 5: 42.4% · Top 10: 58.9% · Top 25: 83.6%
Top buys this quarter · 15
| KRNT Kornit Digital Ltd. | +$0M |
| KMI Kinder Morgan, Inc. | +$0M |
| GBDC Golub Capital BDC, Inc. | +$0M |
| TEVA Teva Pharmaceutical Industries | +$0M |
| DMRC Digimarc Corporation | +$4M |
| BRT BRT Apartments Corp. | +$0M |
| HLIT Harmonic Inc. | +$12M |
| TDAY USA TODAY Co., Inc. | +$0M |
| ADI Analog Devices, Inc. | +$0M |
| PATH UiPath Inc. | +$0M |
Top sells this quarter · 10
| MTSI MACOM Technology Solutions Hol | −$21M |
| CTVA Corteva, Inc. | −$1M |
| PHAR Pharming Group N.V. | −$0M |
| GLW Corning Incorporated | −$1M |
| IBM International Business Machine | −$0M |
| NVEC NVE Corporation | −$4M |
| PDFS PDF Solutions, Inc. | −$14M |
| PFE Pfizer Inc. | −$1M |
| NEO NeoGenomics, Inc. | −$0M |
| MRAM Everspin Technologies, Inc. | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $180M | 67 | +20.51% | +17.59% | +2.92% | +0.00B |
| 2025-12-31 | $172M | 65 | -11.08% | +17.72% | -28.80% | +0.00B |
| 2025-09-30 | $163M | 66 | -6.91% | +17.52% | -24.42% | +0.01B |
| 2025-06-30 | $145M | 66 | -5.73% | +14.94% | -20.67% | +0.03B |
| 2025-03-31 | $106M | 61 | -13.91% | +8.30% | -22.21% | +0.02B |
| 2024-12-31 | $113M | 53 | +10.28% | +24.89% | -14.61% | -0.00B |
| 2024-09-30 | $108M | 51 | +4.42% | +5.75% | -1.34% | +0.00B |
| 2024-06-30 | $102M | 51 | +0.81% | +4.38% | -3.57% | +0.00B |
| 2024-03-31 | $101M | 52 | -2.04% | +10.39% | -12.44% | -0.00B |
| 2023-12-31 | $104M | 52 | — | — | — | — |