Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.96%
adds when stocks drop
when a holding falls −10%+
Middle response
-1.15%
baseline attrition
Rally response
-3.14%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| JBLJabil Inc. | $31M | 8.3% | +85.0% | 2.3 yr |
| URIUnited Rentals, Inc. | $23M | 6.2% | +4.6% | 2.3 yr |
| SFStifel Financial Corp. | $16M | 4.2% | +7.5% | 2.3 yr |
| APOApollo Global Management | $16M | 4.2% | -31.3% | 2.3 yr |
| SONSonoco Products Company | $16M | 4.2% | +17.2% | 2.0 yr |
| WLYJohn Wiley & Sons, Inc. | $14M | 3.7% | -10.3% | 2.3 yr |
| CCitigroup Inc. | $14M | 3.6% | +66.5% | 2.3 yr |
| EWBCEast West Bancorp, Inc. | $13M | 3.6% | +15.1% | 2.3 yr |
| DFINDonnelley Financial Solu | $11M | 2.9% | -24.9% | 2.3 yr |
| JPMJPMorgan Chase & Co. | $10M | 2.8% | +25.2% | 2.3 yr |
| BACBank of America Corporat | $10M | 2.7% | +14.1% | 2.3 yr |
| CUBICustomers Bancorp, Inc. | $10M | 2.6% | +42.6% | 2.3 yr |
| GGenpact Limited | $9M | 2.5% | -11.5% | 2.0 yr |
| ONON Semiconductor Corpora | $9M | 2.3% | -1.8% | 2.3 yr |
| AEMAgnico Eagle Mines Limit | $8M | 2.2% | +163.3% | 2.3 yr |
Portfolio composition (YoY)
Industry mix
Banks - Diversified12.8%+0.7pp$48M
Asset Management10.5%-1.4pp$39M
Hardware, Equipment & Parts8.3%+2.4pp$31M
Financial - Capital Markets8.3%-1.4pp$31M
Banks - Regional7.1%+2.4pp$27M
Rental & Leasing Services6.2%-0.3pp$23M
Packaging & Containers5.4%+1.6pp$20M
Information Technology Services5.4%+2.7pp$20M
Specialty Retail3.7%+1.9pp$14M
Publishing3.7%+2.9pp$14M
Country
US91.3%+5.1pp
CA4.1%+0.6pp
BM2.5%-0.2pp
Unknown1.6%-3.5pp
GB0.4%+0.1pp
IE0.1%-2.2pp
CH0.0%
Top 5: 27.0% · Top 10: 43.6% · Top 25: 74.0%
Top buys this quarter · 15
| WLY John Wiley & Sons, Inc. | +$8M |
| PVH PVH Corp.new | +$8M |
| DXC DXC Technology Companynew | +$6M |
| SF Stifel Financial Corp. | +$16M |
| OMC Omnicom Group Inc. | +$4M |
| CTSH Cognizant Technology Solutions | +$4M |
| LZB La-Z-Boy Incorporated | +$3M |
| OTEX Open Text Corporation | +$7M |
| IART Integra LifeSciences Holdings | +$3M |
| COLB Columbia Banking System, Inc.new | +$2M |
Top sells this quarter · 15
| TPB Turning Point Brands, Inc. | −$4M |
| WHR Whirlpool Corporation | −$3M |
| UTHR United Therapeutics Corporatio | −$3M |
| PRGO Perrigo Company plc | −$3M |
| JPM JPMorgan Chase & Co. | −$3M |
| BBWI Bath & Body Works, Inc.exit | −$3M |
| MYE Myers Industries, Inc. | −$2M |
| AVT Avnet, Inc. | −$2M |
| JBL Jabil Inc. | −$27M |
| TSQ Townsquare Media, Inc. | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $376M | 157 | +6.60% | +17.59% | -10.99% | +0.02B |
| 2025-12-31 | $372M | 166 | +15.73% | +26.03% | -10.29% | -0.00B |
| 2025-09-30 | $372M | 167 | +26.00% | +29.82% | -3.81% | -0.00B |
| 2025-06-30 | $351M | 175 | +12.74% | +25.32% | -12.58% | -0.01B |
| 2024-12-31 | $345M | 99 | +16.81% | +24.89% | -8.08% | +0.00B |
| 2024-09-30 | $328M | 104 | +9.22% | +5.75% | +3.47% | -0.01B |
| 2024-06-30 | $308M | 103 | -5.08% | +4.38% | -9.46% | +0.02B |
| 2024-03-31 | $303M | 98 | +8.20% | +10.39% | -2.20% | +0.01B |
| 2023-12-31 | $268M | 88 | — | — | — | — |