Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.41%
adds when stocks drop
when a holding falls −10%+
Middle response
-1.74%
baseline attrition
Rally response
-3.18%
trims into rallies
when a holding rises +10%+
Top positions · 28
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| MSFTMicrosoft Corporation | $28M | 10.8% | -0.6% | 0.3 yr |
| AMZNAmazon.com, Inc. | $19M | 7.4% | +9.5% | 4.3 yr |
| GOOGLAlphabet Inc. | $19M | 7.2% | — | 6.3 yr |
| PAYPaymentus Holdings, Inc. | $19M | 7.1% | -2.7% | 0.8 yr |
| PAASPan American Silver Corp | $16M | 6.0% | +114.7% | 1.3 yr |
| MUMicron Technology, Inc. | $15M | 5.8% | +289.6% | 2.8 yr |
| AAPLApple Inc. | $14M | 5.3% | +14.7% | 0.3 yr |
| NVDANVIDIA Corporation | $13M | 5.1% | +60.9% | 6.5 yr |
| AMDAdvanced Micro Devices, | $12M | 4.7% | +98.0% | 3.5 yr |
| DECKDeckers Outdoor Corporat | $12M | 4.5% | -10.5% | 0.8 yr |
| MRVLMarvell Technology, Inc. | $11M | 4.3% | +61.3% | 4.3 yr |
| FCXFreeport-McMoRan Inc. | $10M | 4.0% | +57.4% | 5.5 yr |
| CRMSalesforce, Inc. | $10M | 3.7% | -30.2% | 0.3 yr |
| MELIMercadoLibre, Inc. | $9M | 3.5% | -11.4% | 0.8 yr |
| DASHDoorDash, Inc. | $8M | 2.9% | -17.8% | 0.8 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors22.6%+11.0pp$59M
Specialty Retail10.9%+8.5pp$28M
Software - Infrastructure10.8%$28M
Internet Content & Information10.1%+4.5pp$26M
Software - Application7.9%+7.2pp$21M
Information Technology Services7.1%+6.4pp$19M
Silver6.0%+2.9pp$16M
Consumer Electronics5.3%$14M
Apparel - Footwear & Accessories4.5%$12M
Biotechnology4.1%+0.1pp$11M
Country
US88.2%+4.5pp
CA6.0%-0.2pp
UY3.5%
CH1.3%-1.0pp
NL1.1%
Top 5: 38.4% · Top 10: 63.9% · Top 25: 99.4%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| MU | $7M | +0.02B | 289.6% |
| PAAS | $6M | +0.01B | 114.7% |
| AMD | $5M | +0.01B | 98.0% |
| MRVL | $7M | +0.00B | 61.3% |
| FCX | $7M | +0.00B | 57.4% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $262M | 28 | +23.06% | +17.59% | +5.47% | +0.07B |
| 2025-12-31 | $205M | 26 | +22.69% | +17.72% | +4.97% | +0.01B |
| 2025-09-30 | $169M | 26 | +5.10% | +17.52% | -12.42% | -0.00B |
| 2025-06-30 | $159M | 88 | -0.52% | +14.94% | -15.46% | -0.04B |
| 2025-03-31 | $184M | 93 | -8.00% | +8.30% | -16.31% | +0.02B |
| 2024-12-31 | $171M | 85 | +8.18% | +24.89% | -16.71% | -0.06B |
| 2024-09-30 | $235M | 91 | +23.88% | +36.04% | -12.16% | -0.03B |
| 2024-06-30 | $255M | 94 | +14.34% | +24.49% | -10.15% | +0.01B |
| 2024-03-31 | $255M | 95 | +26.83% | +29.62% | -2.80% | +0.01B |
| 2023-12-31 | $217M | 91 | +22.74% | +26.18% | -3.44% | -0.03B |
| 2023-09-30 | $224M | 91 | +20.29% | +21.57% | -1.28% | +0.02B |
| 2023-06-30 | $216M | 88 | +24.89% | +19.42% | +5.47% | +0.03B |
| 2023-03-31 | $170M | 88 | -9.50% | -7.82% | -1.68% | +0.03B |
| 2022-12-31 | $129M | 34 | +8.63% | +7.56% | +1.07% | -0.02B |
| 2022-09-30 | $142M | 35 | -1.58% | -4.93% | +3.35% | -0.00B |
| 2022-06-30 | $147M | 36 | -21.25% | -16.11% | -5.14% | +0.01B |