Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+2.28%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.66%
steady accumulation
Rally response
-9.98%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| LITELumentum Holdings Inc. | $3M | 1.7% | +1027.3% | 0.8 yr |
| SNDKSandisk Corporation | $3M | 1.7% | +1234.5% | 0.3 yr |
| STXSeagate Technology Holdi | $3M | 1.5% | +366.3% | 0.3 yr |
| TTMITTM Technologies, Inc. | $3M | 1.5% | +375.0% | 1.0 yr |
| WDCWestern Digital Corporat | $3M | 1.5% | +571.9% | 0.3 yr |
| KLACKLA Corporation | $3M | 1.5% | +118.2% | 0.8 yr |
| TERTeradyne, Inc. | $3M | 1.5% | +260.2% | 0.3 yr |
| AAPLApple Inc. | $3M | 1.5% | +14.7% | 1.3 yr |
| LRCXLam Research Corporation | $3M | 1.5% | +196.1% | 0.3 yr |
| MTSIMACOM Technology Solutio | $3M | 1.5% | +121.2% | 0.3 yr |
| FNFabrinet | $3M | 1.5% | +164.0% | 0.3 yr |
| AMDAdvanced Micro Devices, | $3M | 1.5% | +98.0% | 1.3 yr |
| AMATApplied Materials, Inc. | $3M | 1.5% | +137.6% | 1.3 yr |
| FSLRFirst Solar, Inc. | $3M | 1.4% | +56.0% | 1.0 yr |
| ARWArrow Electronics, Inc. | $3M | 1.4% | +38.1% | 0.8 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors14.4%+8.3pp$29M
Hardware, Equipment & Parts11.8%+9.6pp$24M
Biotechnology5.4%+5.2pp$11M
Information Technology Services4.6%+4.3pp$9M
Computer Hardware3.1%+2.4pp$6M
Communication Equipment3.0%+1.2pp$6M
Software - Application2.8%-2.1pp$6M
Solar2.6%+1.9pp$5M
Insurance - Property & Casualty2.0%+1.2pp$4M
Unknown2.0%+1.1pp$4M
Country
US87.3%-8.4pp
IE3.0%+1.9pp
Unknown2.0%+1.1pp
GB1.7%+1.6pp
SG1.5%
KY1.5%
CA1.2%+0.9pp
BM0.8%+0.1pp
Top 5: 7.9% · Top 10: 15.3% · Top 25: 36.2%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| TTMI | $2M | +0.01B | 375.0% |
| AMAT | $2M | +0.00B | 137.6% |
| AMD | $2M | +0.00B | 98.0% |
| NVDA | $2M | +0.00B | 60.9% |
| FSLR | $2M | +0.00B | 56.0% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| SNDK Sandisk Corporationnew | +$3M |
| STX Seagate Technology Holdings plnew | +$3M |
| WDC Western Digital Corporationnew | +$3M |
| TER Teradyne, Inc.new | +$3M |
| LRCX Lam Research Corporationnew | +$3M |
| MTSI MACOM Technology Solutions Holnew | +$3M |
| FN Fabrinetnew | +$3M |
| KEYS Keysight Technologies, Inc.new | +$3M |
| COHR Coherent, Inc.new | +$3M |
| AAPL Apple Inc. | +$3M |
Top sells this quarter · 15
| TTMI TTM Technologies, Inc. | −$5M |
| UCTT Ultra Clean Holdings, Inc.exit | −$4M |
| WBD Warner Bros. Discovery, Inc.exit | −$3M |
| LITE Lumentum Holdings Inc. | −$3M |
| MKSI MKS Inc.exit | −$3M |
| PAL Proficient Auto Logistics, Incexit | −$3M |
| DELL Dell Technologies Inc.exit | −$2M |
| SMTC Semtech Corporationexit | −$2M |
| JBL Jabil Inc.exit | −$2M |
| MPWR Monolithic Power Systems, Inc.exit | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $203M | 297 | +37.71% | +17.59% | +20.12% | -0.00B |
| 2025-12-31 | $199M | 320 | +19.49% | +17.72% | +1.77% | -0.00B |
| 2025-09-30 | $192M | 323 | +8.45% | +8.12% | +0.33% | +0.01B |
| 2025-06-30 | $163M | 231 | +15.90% | +10.78% | +5.12% | -0.14B |
| 2025-03-31 | $265M | 220 | -9.57% | -4.27% | -5.30% | +0.14B |
| 2024-12-31 | $133M | 234 | — | — | — | — |