Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.00%
trims when stocks drop
when a holding falls −10%+
Middle response
+3.26%
steady accumulation
Rally response
+9.16%
adds into rallies
when a holding rises +10%+
Top positions · 24
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| JOEThe St. Joe Company | $33M | 25.5% | — | 0.5 yr |
| TRCTejon Ranch Co. | $21M | 16.3% | — | 0.5 yr |
| CFCF Industries Holdings, | $16M | 12.1% | — | 0.5 yr |
| EPDEnterprise Products Part | $8M | 6.5% | — | 0.5 yr |
| NRPNatural Resource Partner | $8M | 6.1% | — | 0.5 yr |
| VSTVistra Corp. | $7M | 5.0% | — | 0.5 yr |
| BELFBBel Fuse Inc. | $5M | 3.9% | — | 0.5 yr |
| BOMNBoston Omaha Corporation | $4M | 3.3% | — | 0.5 yr |
| MAMastercard Incorporated | $4M | 3.2% | — | 0.5 yr |
| BRK-BBerkshire Hathaway Inc. | $4M | 3.0% | — | 0.5 yr |
| TPLTexas Pacific Land Corpo | $4M | 2.8% | — | 0.5 yr |
| EXPEagle Materials Inc. | $4M | 2.8% | — | 0.5 yr |
| OZKBank OZK | $3M | 2.5% | — | 0.5 yr |
| SUSuncor Energy Inc. | $3M | 2.2% | — | 0.5 yr |
| BCBrunswick Corporation | $2M | 1.4% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Real Estate - Diversified25.5%$33M
Conglomerates16.3%$21M
Agricultural Inputs12.1%$16M
Oil & Gas Midstream7.0%$9M
Coal6.4%$8M
Independent Power Producers5.0%$7M
Hardware, Equipment & Parts4.8%$6M
Insurance - Diversified3.5%$5M
Advertising Agencies3.3%$4M
Financial - Credit Services3.2%$4M
Country
US97.8%
CA2.2%
Top 5: 66.6% · Top 10: 84.9% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $130M | 24 | +16.27% | -4.37% | +20.64% | -0.00B |
| 2025-12-31 | $112M | 24 | — | — | — | — |