Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-4.86%
trims when stocks drop
when a holding falls −10%+
Middle response
-11.59%
baseline attrition
Rally response
-13.95%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| PSBDPalmer Square Capital BD | $36M | 74.3% | -19.1% | 1.8 yr |
| NVDANVIDIA Corporation | $1M | 1.8% | +60.9% | 2.5 yr |
| AAPLApple Inc. | $1M | 1.5% | +14.7% | 2.5 yr |
| MSFTMicrosoft Corporation | $1M | 1.3% | -0.6% | 2.5 yr |
| GOOGLAlphabet Inc. | $1M | 1.2% | — | 2.5 yr |
| AMZNAmazon.com, Inc. | $0M | 0.9% | +9.5% | 2.5 yr |
| FANGDiamondback Energy, Inc. | $0M | 0.7% | +27.1% | 2.5 yr |
| METAMeta Platforms, Inc. | $0M | 0.7% | -0.4% | 2.5 yr |
| MRKMerck & Co., Inc. | $0M | 0.7% | +38.9% | 2.5 yr |
| TXNTexas Instruments Incorp | $0M | 0.6% | +11.4% | 2.5 yr |
| HSYThe Hershey Company | $0M | 0.6% | +25.3% | 2.5 yr |
| TJXThe TJX Companies, Inc. | $0M | 0.6% | +32.7% | 2.5 yr |
| JNJJohnson & Johnson | $0M | 0.6% | +51.5% | 2.5 yr |
| VVisa Inc. | $0M | 0.6% | -13.1% | 2.5 yr |
| COSTCostco Wholesale Corpora | $0M | 0.6% | +5.9% | 2.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management74.3%+50.2pp$36M
Semiconductors3.6%-4.5pp$2M
Software - Infrastructure2.1%-5.1pp$1M
Internet Content & Information1.9%-3.8pp$1M
Software - Application1.8%-6.7pp$1M
Drug Manufacturers - General1.8%-1.7pp$1M
Consumer Electronics1.5%-3.3pp$1M
Financial - Capital Markets1.1%-0.0pp$1M
Medical - Devices0.9%-1.6pp$0M
Specialty Retail0.9%-2.1pp$0M
Country
US99.3%+2.1pp
IE0.5%-1.1pp
TW0.2%
Top 5: 80.2% · Top 10: 83.8% · Top 25: 92.5%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $49M | 53 | -2.10% | +17.59% | -19.69% | -0.05B |
| 2025-12-31 | $115M | 55 | +2.94% | +17.72% | -14.77% | -0.00B |
| 2025-09-30 | $118M | 56 | +4.49% | +17.52% | -13.03% | +0.00B |
| 2025-06-30 | $119M | 56 | +10.83% | +14.94% | -4.11% | -0.12B |
| 2025-03-31 | $214M | 57 | -0.09% | +8.30% | -8.40% | +0.02B |
| 2024-12-31 | $215M | 56 | +16.39% | +24.89% | -8.50% | -0.00B |
| 2024-09-30 | $211M | 58 | +4.53% | +5.75% | -1.22% | +0.06B |
| 2024-06-30 | $143M | 61 | +1.51% | +4.38% | -2.86% | +0.00B |
| 2024-03-31 | $138M | 61 | +7.08% | +10.39% | -3.31% | +0.01B |
| 2023-12-31 | $121M | 59 | — | — | — | — |