Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.26%
trims when stocks drop
when a holding falls −10%+
Middle response
-19.49%
baseline attrition
Rally response
-29.18%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| APLDApplied Digital Corporat | $2M | 1.4% | +322.4% | 1.0 yr |
| WVEWave Life Sciences Ltd. | $1M | 1.2% | -10.3% | 0.5 yr |
| SATSEchoStar Corporation | $1M | 1.2% | +357.7% | 1.3 yr |
| — | $1M | 1.1% | — | 0.3 yr |
| SRRKScholar Rock Holding Cor | $1M | 1.1% | +52.9% | 1.0 yr |
| VRDNViridian Therapeutics, I | $1M | 1.1% | +45.1% | 0.8 yr |
| FIGFigma, Inc. | $1M | 1.0% | — | 0.5 yr |
| CENXCentury Aluminum Company | $1M | 1.0% | +216.2% | 0.8 yr |
| OKLOOklo Inc. | $1M | 1.0% | +129.3% | 0.8 yr |
| COINCoinbase Global, Inc. | $1M | 1.0% | +1.4% | 1.5 yr |
| FIVEFive Below, Inc. | $1M | 0.9% | +204.9% | 1.5 yr |
| CTMXCytomX Therapeutics, Inc | $1M | 0.9% | +639.2% | 0.3 yr |
| CONLGraniteShares 2x Long CO | $1M | 0.9% | — | 0.8 yr |
| SNOWSnowflake Inc. | $1M | 0.9% | +3.2% | 1.0 yr |
| PLPlanet Labs PBC | $1M | 0.9% | +726.9% | 0.8 yr |
Portfolio composition (YoY)
Industry mix
Biotechnology12.7%+8.5pp$15M
Software - Application8.4%+4.2pp$10M
Asset Management6.3%+1.9pp$7M
Unknown5.4%+1.4pp$6M
Aerospace & Defense3.5%+1.5pp$4M
Information Technology Services2.8%+0.5pp$3M
Software - Infrastructure2.7%-2.1pp$3M
Financial - Capital Markets2.2%+1.1pp$3M
Communication Equipment2.1%+1.6pp$2M
Semiconductors2.0%-2.2pp$2M
Country
US76.7%-4.9pp
Unknown5.4%+1.4pp
CA5.1%+3.0pp
SG1.4%+1.1pp
GB1.4%-0.3pp
BR1.4%+1.0pp
CN1.3%+0.3pp
IN1.1%
Top 5: 6.0% · Top 10: 11.0% · Top 25: 22.6%
Top buys this quarter · 15
| WVE Wave Life Sciences Ltd. | +$1M |
| FIG Figma, Inc. | +$1M |
| CTMX CytomX Therapeutics, Inc.new | +$1M |
| APLD Applied Digital Corporation | +$1M |
| SRRK Scholar Rock Holding Corporati | +$1M |
| OKLO Oklo Inc. | +$1M |
| VRDN Viridian Therapeutics, Inc. | +$1M |
| GSAT Globalstar, Inc.new | +$1M |
| UMAC Unusual Machines, Inc.new | +$1M |
| SWMR Swarmer, Inc Common Stocknew | +$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $119M | 448 | +32.34% | +17.59% | +14.75% | -0.04B |
| 2025-12-31 | $159M | 479 | +24.67% | +17.72% | +6.95% | -0.15B |
| 2025-09-30 | $287M | 550 | +19.57% | +17.52% | +2.05% | -0.16B |
| 2025-06-30 | $406M | 570 | +14.80% | +14.94% | -0.14% | -0.01B |
| 2025-03-31 | $378M | 540 | +1.60% | +8.30% | -6.71% | +0.04B |
| 2024-12-31 | $353M | 549 | +12.57% | +24.89% | -12.32% | -0.17B |
| 2024-09-30 | $502M | 590 | +6.13% | +5.75% | +0.38% | -0.01B |
| 2024-06-30 | $483M | 561 | -3.46% | +4.38% | -7.84% | +0.30B |
| 2024-03-31 | $188M | 393 | +5.88% | +10.39% | -4.51% | +0.08B |
| 2023-12-31 | $100M | 310 | — | — | — | — |