Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-67.96%
trims when stocks drop
when a holding falls −10%+
Middle response
+14.61%
steady accumulation
Rally response
-44.99%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| EXEExpand Energy Corporatio | $12M | 16.0% | — | 0.3 yr |
| ANTMElevance Health Inc. | $6M | 8.3% | — | 0.3 yr |
| HURCHurco Companies, Inc. | $5M | 7.0% | — | 0.5 yr |
| DARDarling Ingredients Inc. | $5M | 6.7% | — | 0.5 yr |
| UNHUnitedHealth Group Incor | $5M | 6.6% | — | 0.5 yr |
| MOHMolina Healthcare, Inc. | $4M | 5.1% | — | 0.5 yr |
| MUMicron Technology, Inc. | $4M | 5.0% | — | 0.3 yr |
| FSLRFirst Solar, Inc. | $4M | 4.9% | — | 0.3 yr |
| RRCRange Resources Corporat | $3M | 4.5% | — | 0.3 yr |
| KNTKKinetik Holdings Inc. | $3M | 3.8% | — | 0.3 yr |
| ARAntero Resources Corpora | $3M | 3.8% | — | 0.3 yr |
| UWMCUWM Holdings Corporation | $2M | 2.7% | — | 0.5 yr |
| BAKBraskem S.A. | $2M | 2.7% | — | 0.3 yr |
| FPSForgent Power Solutions, | $2M | 2.6% | — | 0.3 yr |
| MXCTMaxCyte, Inc. | $2M | 2.1% | — | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Oil & Gas Exploration & Production24.4%$18M
Medical - Healthcare Plans20.0%$15M
Industrial - Machinery7.0%$5M
Packaged Foods6.7%$5M
Semiconductors5.0%$4M
Solar4.9%$4M
Oil & Gas Midstream4.8%$4M
Financial - Mortgages4.2%$3M
Industrial Materials2.8%$2M
Chemicals2.7%$2M
Country
US89.5%
BR2.7%
GB1.9%
DK1.8%
CA1.5%
KR1.4%
Unknown1.2%
Top 5: 44.5% · Top 10: 67.9% · Top 25: 95.2%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| EXE Expand Energy Corporationnew | +$12M |
| MU Micron Technology, Inc.new | +$4M |
| FSLR First Solar, Inc.new | +$4M |
| RRC Range Resources Corporationnew | +$3M |
| KNTK Kinetik Holdings Inc.new | +$3M |
| AR Antero Resources Corporationnew | +$3M |
| BAK Braskem S.A.new | +$2M |
| FPS Forgent Power Solutions, Inc.new | +$2M |
| MXCT MaxCyte, Inc.new | +$2M |
| BCS Barclays PLCnew | +$1M |
Top sells this quarter · 15
| WH Wyndham Hotels & Resorts, Inc.exit | −$63M |
| CPNG Coupang, Inc. | −$31M |
| TMUS T-Mobile US, Inc.exit | −$29M |
| CNQ Canadian Natural Resources Limexit | −$7M |
| DAR Darling Ingredients Inc. | −$4M |
| SLB SLB N.V. | −$2M |
| TSLA Tesla, Inc.exit | −$2M |
| EFX Equifax Inc.exit | −$2M |
| SPGI S&P Global Inc. | −$1M |
| AMZN Amazon.com, Inc.exit | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $75M | 40 | -2.43% | -4.37% | +1.94% | -0.10B |
| 2025-12-31 | $180M | 66 | — | — | — | — |