Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+7.53%
adds when stocks drop
when a holding falls −10%+
Middle response
+41.02%
steady accumulation
Rally response
-35.31%
trims into rallies
when a holding rises +10%+
Top positions · 17
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| MSFTMicrosoft Corporation | $105M | 11.2% | -16.1% | 1.0 yr |
| NVDANVIDIA Corporation | $99M | 10.6% | +41.2% | 1.3 yr |
| AMZNAmazon.com, Inc. | $98M | 10.5% | +7.8% | 0.8 yr |
| TSMTaiwan Semiconductor Man | $81M | 8.7% | +98.0% | 0.8 yr |
| SPGIS&P Global Inc. | $75M | 8.0% | -3.4% | 1.0 yr |
| SHWThe Sherwin-Williams Com | $67M | 7.2% | +9.0% | 1.3 yr |
| MELIMercadoLibre, Inc. | $67M | 7.2% | +5.2% | 0.8 yr |
| FXIiShares China Large-Cap | $66M | 7.1% | — | 0.3 yr |
| GOOGLAlphabet Inc. | $66M | 7.1% | — | 0.5 yr |
| METAMeta Platforms, Inc. | $53M | 5.7% | +14.1% | 0.5 yr |
| DHRDanaher Corporation | $53M | 5.7% | -23.5% | 0.5 yr |
| LLYEli Lilly and Company | $35M | 3.7% | +2.8% | 0.3 yr |
| TMOThermo Fisher Scientific | $30M | 3.2% | -10.6% | 0.8 yr |
| UNHUnitedHealth Group Incor | $14M | 1.5% | -44.7% | 0.3 yr |
| IBITiShares Bitcoin Trust ET | $14M | 1.5% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors19.3%$180M
Specialty Retail17.7%$165M
Internet Content & Information12.8%$119M
Software - Infrastructure11.2%$105M
Medical - Diagnostics & Research8.8%$83M
Asset Management8.6%-27.9pp$80M
Financial - Data & Stock Exchanges8.0%$75M
Chemicals - Specialty7.2%-19.5pp$67M
Drug Manufacturers - General3.7%$35M
Medical - Healthcare Plans1.5%$14M
Country
US83.3%+10.6pp
TW8.7%
UY7.2%
BR0.8%
Top 5: 49.0% · Top 10: 83.2% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| SHW | $49M | +0.00B | 9.0% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 12
| TSM Taiwan Semiconductor Manufactu | +$81M |
| NVDA NVIDIA Corporation | +$39M |
| MELI MercadoLibre, Inc. | +$39M |
| LLY Eli Lilly and Companynew | +$35M |
| AMZN Amazon.com, Inc. | +$22M |
| META Meta Platforms, Inc. | +$16M |
| UNH UnitedHealth Group Incorporatenew | +$14M |
| SPGI S&P Global Inc. | +$75M |
| MSFT Microsoft Corporation | +$105M |
| DHR Danaher Corporation | +$53M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $935M | 17 | +46.64% | -0.60% | +47.25% | +0.39B |
| 2025-12-31 | $567M | 11 | +47.07% | +8.49% | +38.58% | -1.05B |
| 2025-03-31 | $1.30B | 14 | +28.61% | +16.65% | +11.96% | +1.27B |
| 2024-09-30 | $31M | 1 | +28.18% | +5.75% | +22.43% | -0.20B |
| 2024-06-30 | $184M | 4 | -3.83% | +4.38% | -8.21% | -0.38B |
| 2024-03-31 | $585M | 8 | +8.65% | +10.39% | -1.74% | +0.09B |
| 2023-12-31 | $458M | 13 | — | — | — | — |