Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+2.12%
adds when stocks drop
when a holding falls −10%+
Middle response
+2.75%
steady accumulation
Rally response
+0.98%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| SPLGSPDR Portfolio S&P 500 E | $22M | 14.5% | — | 1.8 yr |
| IDEViShares Core MSCI Intern | $15M | 9.8% | — | 1.8 yr |
| AGGiShares Core U.S. Aggreg | $13M | 8.5% | — | 1.8 yr |
| FBNDFidelity Total Bond ETF | $6M | 4.3% | — | 1.8 yr |
| VOVanguard Mid-Cap ETF | $6M | 3.9% | — | 1.8 yr |
| IVViShares Core S&P 500 ETF | $6M | 3.8% | — | 1.8 yr |
| VWOVanguard FTSE Emerging M | $5M | 3.2% | — | 1.8 yr |
| AAPLApple Inc. | $3M | 2.3% | +14.7% | 1.8 yr |
| AMZNAmazon.com, Inc. | $3M | 2.1% | +9.5% | 1.8 yr |
| SCHASchwab U.S. Small-Cap ET | $3M | 2.0% | — | 1.8 yr |
| NVDANVIDIA Corporation | $3M | 1.8% | +60.9% | 1.8 yr |
| TPLTexas Pacific Land Corpo | $3M | 1.7% | +8.1% | 1.8 yr |
| IVEiShares S&P 500 Value ET | $3M | 1.7% | — | 1.8 yr |
| IVWiShares S&P 500 Growth E | $2M | 1.5% | — | 1.8 yr |
| DYNFiShares U.S. Equity Fact | $2M | 1.4% | — | 1.8 yr |
Portfolio composition (YoY)
Industry mix
Asset Management70.4%+3.6pp$105M
Asset Management - Bonds6.2%-1.0pp$9M
Semiconductors2.6%+0.5pp$4M
Consumer Electronics2.3%-0.6pp$3M
Specialty Retail2.3%-0.0pp$3M
Internet Content & Information1.8%+0.2pp$3M
Oil & Gas Exploration & Production1.7%-0.3pp$3M
Oil & Gas Integrated1.3%+0.1pp$2M
Software - Infrastructure1.2%-0.5pp$2M
Asset Management - Global0.9%+0.1pp$1M
Country
US98.8%-0.2pp
Unknown0.7%+0.6pp
GB0.4%-0.1pp
IE0.1%-0.1pp
Top 5: 41.0% · Top 10: 54.4% · Top 25: 72.4%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| NVDA | $2M | +0.00B | 60.9% |
| AAPL | $3M | +0.00B | 14.7% |
| XOM | $1M | +0.00B | 47.6% |
| AVGO | $1M | +0.00B | 86.0% |
| GOOG | $0M | +0.00B | 84.3% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| MSFT | $2M | -0.00B | -0.6% |
Top buys this quarter · 15
| GLW Corning Incorporatednew | +$0M |
| ETN Eaton Corporation plcnew | +$0M |
| CAT Caterpillar Inc.new | +$0M |
| AVGO Broadcom Inc. | +$0M |
| AMZN Amazon.com, Inc. | +$3M |
| SPY State Street SPDR S&P 500 ETF | +$0M |
| GOOG Alphabet Inc. | +$1M |
| TSLA Tesla, Inc. | +$1M |
| EOLS Evolus, Inc.new | +$0M |
| INTU Intuit Inc. | +$0M |
Top sells this quarter · 15
| KBDC Kayne Anderson BDC, Inc.exit | −$1M |
| PLD Prologis, Inc.exit | −$0M |
| DHR Danaher Corporationexit | −$0M |
| UNH UnitedHealth Group Incorporateexit | −$0M |
| PSX Phillips 66 | −$0M |
| WMT Walmart Inc. | −$0M |
| VZ Verizon Communications Inc. | −$0M |
| ABBV AbbVie Inc. | −$0M |
| AMGN Amgen Inc. | −$0M |
| JNJ Johnson & Johnson | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $149M | 132 | +19.45% | +17.59% | +1.86% | +0.00B |
| 2025-12-31 | $148M | 119 | +13.96% | +17.72% | -3.75% | -0.00B |
| 2025-09-30 | $146M | 120 | +19.60% | +17.52% | +2.08% | +0.00B |
| 2025-06-30 | $134M | 114 | +8.96% | +10.78% | -1.82% | +0.00B |
| 2025-03-31 | $119M | 114 | -5.44% | -4.27% | -1.17% | +0.01B |
| 2024-12-31 | $113M | 99 | +7.15% | +2.49% | +4.66% | +0.00B |
| 2024-09-30 | $102M | 83 | — | — | — | — |