Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-5.39%
trims when stocks drop
when a holding falls −10%+
Middle response
+2.78%
steady accumulation
Rally response
+1.82%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| ARESAres Management Corporat | $227M | 20.2% | -23.1% | 2.3 yr |
| DFACDimensional - US Core Eq | $90M | 8.0% | — | 2.3 yr |
| DCORDimensional - US Core Eq | $71M | 6.3% | — | 2.3 yr |
| DFAXDimensional - World ex U | $53M | 4.8% | — | 2.3 yr |
| VEUVanguard FTSE All-World | $39M | 3.4% | — | 2.3 yr |
| DFAIDimensional - Internatio | $33M | 2.9% | — | 2.3 yr |
| DLNWisdomTree U.S. LargeCap | $30M | 2.6% | — | 2.3 yr |
| DWMWisdomTree International | $27M | 2.4% | — | 2.3 yr |
| DFUVDimensional - US Marketw | $26M | 2.3% | — | 2.3 yr |
| DFIVDimensional - Internatio | $20M | 1.8% | — | 1.8 yr |
| DFASDimensional - US Small C | $18M | 1.6% | — | 1.8 yr |
| AAPLApple Inc. | $18M | 1.6% | +14.7% | 2.3 yr |
| VBILVanguard 0-3 Month Treas | $17M | 1.5% | — | 0.5 yr |
| DISVDimensional - Internatio | $17M | 1.5% | — | 2.3 yr |
| DLSWisdomTree International | $16M | 1.4% | — | 2.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management75.0%+0.8pp$843M
Semiconductors2.2%+0.8pp$25M
Aerospace & Defense1.6%+0.2pp$18M
Consumer Electronics1.6%-0.1pp$18M
Insurance - Specialty1.3%-1.3pp$14M
Banks - Diversified1.2%+0.3pp$13M
Internet Content & Information1.2%+0.3pp$13M
Software - Infrastructure1.2%-0.1pp$13M
Drug Manufacturers - General1.1%+0.1pp$13M
Specialty Retail1.0%-0.1pp$11M
Country
US96.8%+1.1pp
BM1.2%-1.3pp
Unknown0.4%+0.3pp
IE0.3%-0.2pp
CA0.3%+0.1pp
GB0.2%+0.0pp
CH0.2%+0.0pp
TW0.1%+0.1pp
Top 5: 42.7% · Top 10: 54.9% · Top 25: 71.9%
Top buys this quarter · 15
| META Meta Platforms, Inc. | +$1M |
| LLY Eli Lilly and Company | +$1M |
| MU Micron Technology, Inc. | +$1M |
| AZN AstraZeneca PLCnew | +$0M |
| APO Apollo Global Management, Inc.new | +$0M |
| WDC Western Digital Corporation | +$0M |
| NOW ServiceNow, Inc. | +$0M |
| AMAT Applied Materials, Inc. | +$0M |
| TSM Taiwan Semiconductor Manufactu | +$0M |
| CL Colgate-Palmolive Company | +$0M |
Top sells this quarter · 15
| AGO Assured Guaranty Ltd. | −$10M |
| ARES Ares Management Corporation | −$5M |
| BE Bloom Energy Corporation | −$5M |
| ALL The Allstate Corporationexit | −$4M |
| AVGO Broadcom Inc. | −$2M |
| GOOG Alphabet Inc. | −$2M |
| AAPL Apple Inc. | −$1M |
| JPM JPMorgan Chase & Co. | −$1M |
| GD General Dynamics Corporation | −$1M |
| RTX RTX Corporation | −$14M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.12B | 1394 | -5.22% | +17.59% | -22.81% | +0.11B |
| 2025-12-31 | $1.23B | 1334 | +2.75% | +17.72% | -14.96% | -0.00B |
| 2025-09-30 | $1.22B | 1290 | +9.69% | +17.52% | -7.83% | +0.06B |
| 2025-06-30 | $1.17B | 1247 | +26.13% | +14.94% | +11.19% | -0.01B |
| 2025-03-31 | $1.03B | 1191 | +10.01% | +8.30% | +1.71% | +0.11B |
| 2024-12-31 | $1.03B | 1133 | +8.54% | +2.49% | +6.05% | -0.08B |
| 2024-09-30 | $1.02B | 1121 | +13.59% | +5.75% | +7.84% | +0.03B |
| 2024-06-30 | $879M | 1134 | +0.11% | +4.38% | -4.27% | +0.19B |
| 2024-03-31 | $688M | 1146 | — | — | — | — |