Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-0.34%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.79%
steady accumulation
Rally response
-4.65%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| LLYEli Lilly and Company | $10M | 4.7% | +12.2% | 1.5 yr |
| NVDANVIDIA Corporation | $7M | 3.3% | +60.9% | 1.5 yr |
| MSTRStrategy Inc | $7M | 3.1% | -56.7% | 1.5 yr |
| VOOVanguard S&P 500 ETF | $6M | 2.9% | — | 1.5 yr |
| KLACKLA Corporation | $6M | 2.7% | +118.2% | 1.5 yr |
| AAPLApple Inc. | $5M | 2.3% | +14.7% | 1.5 yr |
| PHParker-Hannifin Corporat | $5M | 2.1% | +48.6% | 1.5 yr |
| NEARiShares Short Duration B | $5M | 2.1% | — | 1.0 yr |
| ORLYO'Reilly Automotive, Inc | $4M | 2.0% | -3.4% | 1.5 yr |
| TNLTravel + Leisure Co. | $4M | 1.8% | +55.0% | 1.3 yr |
| TJXThe TJX Companies, Inc. | $4M | 1.8% | +32.7% | 1.5 yr |
| AGGiShares Core U.S. Aggreg | $4M | 1.7% | — | 1.5 yr |
| CGDVCapital Group Dividend V | $4M | 1.7% | — | 0.5 yr |
| USBU.S. Bancorp | $4M | 1.7% | +27.1% | 1.5 yr |
| FITBFifth Third Bancorp | $3M | 1.5% | +21.7% | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management22.5%+9.8pp$50M
Semiconductors6.4%+0.9pp$14M
Drug Manufacturers - General6.2%-1.8pp$14M
Banks - Regional5.1%+1.1pp$11M
Industrial - Machinery4.1%+1.7pp$9M
Specialty Retail3.7%+0.3pp$8M
Medical - Care Facilities3.4%+1.3pp$7M
Software - Application3.1%-3.4pp$7M
Banks - Diversified2.9%+0.0pp$6M
Consumer Electronics2.3%-0.3pp$5M
Country
US96.1%+3.3pp
IE2.1%-0.2pp
CH1.4%-0.1pp
GB0.3%-0.9pp
SG0.1%
CA0.0%-0.3pp
Top 5: 16.6% · Top 10: 27.0% · Top 25: 49.4%
Top buys this quarter · 15
| FHI Federated Hermes, Inc.new | +$3M |
| IVZ Invesco Ltd.new | +$3M |
| SBH Sally Beauty Holdings, Inc.new | +$2M |
| DELL Dell Technologies Inc.new | +$2M |
| MCO Moody's Corporationnew | +$2M |
| CVS CVS Health Corporationnew | +$2M |
| FTNT Fortinet, Inc.new | +$1M |
| UHS Universal Health Services, Inc | +$1M |
| MSTR Strategy Inc | +$7M |
| DAL Delta Air Lines, Inc.new | +$0M |
Top sells this quarter · 15
| AVGO Broadcom Inc. | −$4M |
| SYF Synchrony Financialexit | −$3M |
| JHG Janus Henderson Group plcexit | −$3M |
| ORCL Oracle Corporationexit | −$2M |
| ADP Automatic Data Processing, Incexit | −$2M |
| HD The Home Depot, Inc. | −$2M |
| LYFT Lyft, Inc.exit | −$2M |
| PAYX Paychex, Inc.exit | −$2M |
| KLAC KLA Corporation | −$6M |
| MSI Motorola Solutions, Inc.exit | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $222M | 156 | +13.35% | +17.59% | -4.24% | -0.01B |
| 2025-12-31 | $231M | 149 | +14.58% | +17.72% | -3.13% | +0.02B |
| 2025-09-30 | $214M | 142 | +3.89% | +8.12% | -4.23% | -0.00B |
| 2025-06-30 | $207M | 134 | +11.77% | +10.78% | +1.00% | +0.01B |
| 2025-03-31 | $180M | 127 | -0.54% | -4.27% | +3.72% | +0.01B |
| 2024-12-31 | $169M | 127 | — | — | — | — |