Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+8.11%
adds when stocks drop
when a holding falls −10%+
Middle response
+2.82%
steady accumulation
Rally response
-0.73%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| BILState Street SPDR Bloomb | $13M | 7.0% | — | 1.8 yr |
| SHYiShares 1-3 Year Treasur | $10M | 5.1% | — | 1.8 yr |
| IEIiShares 3-7 Year Treasur | $9M | 4.9% | — | 1.8 yr |
| VTIVanguard Total Stock Mar | $4M | 2.1% | — | 1.8 yr |
| PFMInvesco Dividend Achieve | $4M | 1.9% | — | 1.8 yr |
| SGOViShares 0-3 Month Treasu | $3M | 1.6% | — | 1.8 yr |
| XLPState Street Consumer St | $3M | 1.4% | — | 1.8 yr |
| XLKState Street Technology | $3M | 1.4% | — | 1.8 yr |
| XLVState Street Health Care | $3M | 1.4% | — | 1.8 yr |
| XLCState Street Communicati | $2M | 1.3% | — | 1.8 yr |
| XLFState Street Financial S | $2M | 1.3% | — | 1.8 yr |
| AAPLApple Inc. | $2M | 1.2% | +14.7% | 1.8 yr |
| VXUSVanguard Total Internati | $2M | 1.2% | — | 1.8 yr |
| AQSTAquestive Therapeutics, | $2M | 1.2% | +43.1% | 1.8 yr |
| XLIState Street Industrial | $2M | 1.2% | — | 1.8 yr |
Portfolio composition (YoY)
Industry mix
Asset Management54.2%-1.3pp$102M
Asset Management - Income6.9%-0.3pp$13M
Asset Management - Bonds3.7%-1.5pp$7M
Regulated Electric2.9%+0.9pp$5M
Drug Manufacturers - General2.2%+0.8pp$4M
Oil & Gas Integrated1.8%+0.7pp$3M
Specialty Retail1.7%-0.0pp$3M
Internet Content & Information1.5%+1.0pp$3M
Consumer Electronics1.2%+0.8pp$2M
Gold1.2%+0.9pp$2M
Country
US90.9%-1.9pp
CA2.0%+1.3pp
CN1.5%+0.0pp
BR1.4%+1.0pp
GB1.3%-0.3pp
Unknown1.1%+0.1pp
BM0.8%
PA0.5%+0.2pp
Top 5: 21.0% · Top 10: 28.2% · Top 25: 44.4%
Top buys this quarter · 15
| AROC Archrock, Inc. | +$1M |
| AQST Aquestive Therapeutics, Inc. | +$1M |
| NTR Nutrien Ltd.new | +$1M |
| HTO H2O America | +$1M |
| FGNX FG Nexus Inc.new | +$1M |
| UPS United Parcel Service, Inc. | +$1M |
| BIDU Baidu, Inc. | +$1M |
| IPAR Inter Parfums, Inc. | +$1M |
| ACI Albertsons Companies, Inc. | +$1M |
| PBR Petróleo Brasileiro S.A. - Pe | +$0M |
Top sells this quarter · 15
| ARM Arm Holdings plc American Depoexit | −$3M |
| UNP Union Pacific Corporationexit | −$2M |
| CLX The Clorox Company | −$2M |
| ET Energy Transfer LPexit | −$1M |
| BKR Baker Hughes Companyexit | −$1M |
| JCI Johnson Controls Internationalexit | −$1M |
| SKM SK Telecom Co.,Ltdexit | −$1M |
| BKU BankUnited, Inc.exit | −$0M |
| ASO Academy Sports and Outdoors, Iexit | −$0M |
| DG Dollar General Corporationexit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $188M | 186 | +22.41% | +17.59% | +4.82% | -0.00B |
| 2025-12-31 | $184M | 181 | +20.35% | +17.72% | +2.64% | +0.00B |
| 2025-09-30 | $176M | 190 | +14.14% | +17.52% | -3.38% | -0.00B |
| 2025-06-30 | $164M | 191 | +5.79% | +10.78% | -4.99% | -0.04B |
| 2025-03-31 | $190M | 223 | +1.18% | -4.27% | +5.44% | +0.05B |
| 2024-12-31 | $141M | 182 | -3.28% | +2.49% | -5.77% | +0.00B |
| 2024-09-30 | $146M | 193 | — | — | — | — |