Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.23%
adds when stocks drop
when a holding falls −10%+
Middle response
-8.34%
baseline attrition
Rally response
-37.17%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AMZNAmazon.com, Inc. | $31M | 6.5% | +9.5% | 1.0 yr |
| IRIngersoll Rand Inc. | $25M | 5.3% | +0.2% | 1.0 yr |
| PHParker-Hannifin Corporat | $25M | 5.3% | +48.6% | 1.0 yr |
| IEXIDEX Corporation | $25M | 5.3% | +6.4% | 1.3 yr |
| ITTITT Inc. | $24M | 5.2% | +48.7% | 1.3 yr |
| SNASnap-on Incorporated | $24M | 5.2% | +10.7% | 1.0 yr |
| ITWIllinois Tool Works Inc. | $24M | 5.2% | +6.9% | 1.0 yr |
| ALLEAllegion plc | $24M | 5.1% | +12.9% | 1.0 yr |
| RBCRBC Bearings Incorporate | $18M | 3.9% | +68.8% | 0.8 yr |
| CATCaterpillar Inc. | $18M | 3.8% | +117.8% | 0.3 yr |
| ETNEaton Corporation plc | $17M | 3.7% | +33.2% | 0.8 yr |
| AOSA. O. Smith Corporation | $17M | 3.7% | +3.0% | 1.0 yr |
| APHAmphenol Corporation | $17M | 3.7% | +93.6% | 1.3 yr |
| MMM3M Company | $14M | 3.0% | +0.7% | 0.5 yr |
| EMREmerson Electric Co. | $14M | 3.0% | +21.5% | 1.0 yr |
Portfolio composition (YoY)
Industry mix
Industrial - Machinery43.1%+17.9pp$202M
Manufacturing - Tools & Accessories12.4%+10.5pp$58M
Chemicals - Specialty7.3%-5.4pp$34M
Specialty Retail6.5%$31M
Construction5.3%-10.7pp$25M
Security & Protection Services5.1%$24M
Hardware, Equipment & Parts4.9%+3.6pp$23M
Construction Materials4.8%+3.6pp$23M
Agricultural - Machinery4.1%+4.1pp$19M
Conglomerates3.0%$14M
Country
US84.0%-11.6pp
IE13.2%+8.9pp
GB2.7%+2.7pp
Top 5: 27.6% · Top 10: 50.8% · Top 25: 91.5%
Top buys this quarter · 15
| PH Parker-Hannifin Corporation | +$25M |
| SNA Snap-on Incorporated | +$23M |
| ALLE Allegion plc | +$18M |
| CAT Caterpillar Inc.new | +$18M |
| RBC RBC Bearings Incorporated | +$17M |
| ITW Illinois Tool Works Inc. | +$17M |
| ITT ITT Inc. | +$14M |
| OTIS Otis Worldwide Corporationnew | +$14M |
| IR Ingersoll Rand Inc. | +$13M |
| LII Lennox International Inc. | +$10M |
Top sells this quarter · 15
| FAST Fastenal Companyexit | −$17M |
| URI United Rentals, Inc.exit | −$11M |
| TXN Texas Instruments Incorporatedexit | −$11M |
| EME EMCOR Group, Inc.exit | −$11M |
| HD The Home Depot, Inc.exit | −$10M |
| MLM Martin Marietta Materials, Inc | −$10M |
| DE Deere & Companyexit | −$10M |
| AMZN Amazon.com, Inc. | −$9M |
| AGCO AGCO Corporationexit | −$8M |
| JCI Johnson Controls Internationalexit | −$7M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $469M | 36 | +17.58% | +17.59% | -0.01% | +0.15B |
| 2025-12-31 | $312M | 37 | +6.74% | +17.72% | -10.98% | +0.03B |
| 2025-09-30 | $282M | 44 | +6.86% | +8.12% | -1.27% | -0.02B |
| 2025-06-30 | $283M | 39 | +6.12% | +10.78% | -4.65% | +0.03B |
| 2025-03-31 | $235M | 41 | -6.55% | -4.27% | -2.28% | +0.00B |
| 2024-12-31 | $250M | 50 | — | — | — | — |