Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.72%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.88%
steady accumulation
Rally response
+1.26%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $335.81B | 5.9% | +60.9% | 1.8 yr |
| AAPLApple Inc. | $290.51B | 5.1% | +14.7% | 1.8 yr |
| MSFTMicrosoft Corporation | $219.63B | 3.9% | -0.6% | 1.8 yr |
| AMZNAmazon.com, Inc. | $153.20B | 2.7% | +9.5% | 1.8 yr |
| GOOGLAlphabet Inc. | $128.53B | 2.3% | — | 1.8 yr |
| AVGOBroadcom Inc. | $119.45B | 2.1% | +86.0% | 1.8 yr |
| GOOGAlphabet Inc. | $104.63B | 1.8% | +84.3% | 1.8 yr |
| METAMeta Platforms, Inc. | $96.60B | 1.7% | -0.4% | 1.8 yr |
| TSLATesla, Inc. | $77.36B | 1.4% | +43.4% | 1.8 yr |
| JPMJPMorgan Chase & Co. | $61.25B | 1.1% | +21.8% | 1.8 yr |
| LLYEli Lilly and Company | $61.06B | 1.1% | +12.2% | 1.8 yr |
| BRK-BBerkshire Hathaway Inc. | $58.08B | 1.0% | — | 1.8 yr |
| IVViShares Core S&P 500 ETF | $56.13B | 1.0% | — | 1.8 yr |
| XOMExxon Mobil Corporation | $54.76B | 1.0% | +47.6% | 1.8 yr |
| JNJJohnson & Johnson | $52.16B | 0.9% | +51.5% | 1.8 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors12.7%+4.2pp$721.64B
Internet Content & Information6.1%+1.1pp$346.11B
Software - Infrastructure5.9%-0.8pp$336.17B
Consumer Electronics5.2%-0.2pp$294.01B
Drug Manufacturers - General4.2%+0.1pp$239.30B
Asset Management3.8%+0.1pp$213.70B
Specialty Retail3.5%-0.3pp$197.75B
Banks - Diversified2.5%+0.1pp$145.00B
Aerospace & Defense2.4%+0.5pp$136.77B
Software - Application2.3%-1.2pp$129.93B
Country
US95.4%-0.0pp
IE1.3%-0.2pp
GB0.7%+0.0pp
Unknown0.6%+0.0pp
CH0.3%-0.0pp
CA0.3%+0.1pp
SG0.2%+0.1pp
BM0.2%-0.0pp
Top 5: 19.8% · Top 10: 27.9% · Top 25: 38.9%
Top buys this quarter · 15
| PANW Palo Alto Networks, Inc. | +$2.06B |
| XOM Exxon Mobil Corporation | +$1.95B |
| AVGO Broadcom Inc. | +$119.45B |
| VRT Vertiv Holdings Co | +$1.29B |
| AMAT Applied Materials, Inc. | +$1.27B |
| KO The Coca-Cola Company | +$1.13B |
| JNJ Johnson & Johnson | +$1.13B |
| FCX Freeport-McMoRan Inc. | +$1.03B |
| GOOG Alphabet Inc. | +$104.63B |
| WAT Waters Corporation | +$926M |
Top sells this quarter · 15
| NVDA NVIDIA Corporation | −$3.19B |
| MSFT Microsoft Corporation | −$3.17B |
| AAPL Apple Inc. | −$2.53B |
| EXAS Exact Sciences Corporationexit | −$1.57B |
| META Meta Platforms, Inc. | −$1.52B |
| CIEN Ciena Corporation | −$3.90B |
| V Visa Inc. | −$1.20B |
| CSCO Cisco Systems, Inc. | −$1.02B |
| JPM JPMorgan Chase & Co. | −$988M |
| CFLT Confluent, Inc.exit | −$926M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $5.69T | 5395 | +18.03% | +17.59% | +0.44% | +26.30B |
| 2025-12-31 | $5.88T | 5259 | +16.47% | +17.72% | -1.25% | +90.71B |
| 2025-09-30 | $5.67T | 5175 | +16.11% | +17.52% | -1.41% | +29.98B |
| 2025-06-30 | $5.22T | 5154 | +11.07% | +10.78% | +0.29% | -38.43B |
| 2025-03-31 | $4.73T | 5153 | -4.93% | -4.27% | -0.66% | +51.94B |
| 2024-12-31 | $4.93T | 5104 | +1.78% | +2.49% | -0.71% | +95.85B |
| 2024-09-30 | $4.74T | 4937 | — | — | — | — |