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
+0.00%
baseline attrition
Rally response
+0.00%
adds into rallies
when a holding rises +10%+
Top positions · 1
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| HHHHoward Hughes Holdings I | $569M | 100.0% | — | 1.0 yr |
Portfolio composition (YoY)
Industry mix
Real Estate - Diversified100.0%$569M
Country
US100.0%
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 0
No buys this quarter
Top sells this quarter · 0
No sells this quarter
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $569M | 1 | -20.70% | -4.37% | -16.33% | +0.00B |
| 2025-12-31 | $718M | 1 | -2.92% | +2.66% | -5.59% | +0.00B |
| 2025-09-30 | $740M | 1 | +21.73% | +8.12% | +13.61% | +0.00B |
| 2025-06-30 | $608M | 1 | — | — | — | — |