Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+25.59%
adds when stocks drop
when a holding falls −10%+
Middle response
+6.76%
steady accumulation
Rally response
-11.19%
trims into rallies
when a holding rises +10%+
Top positions · 10
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VACMarriott Vacations World | $53M | 20.4% | +6.3% | 1.5 yr |
| HSICHenry Schein, Inc. | $50M | 19.0% | +7.6% | 1.5 yr |
| ACAArcosa, Inc. | $35M | 13.5% | +37.9% | 0.3 yr |
| BKRBaker Hughes Company | $33M | 12.4% | +41.7% | 1.5 yr |
| SHCSotera Health Company | $25M | 9.6% | +23.0% | 1.5 yr |
| BWXTBWX Technologies, Inc. | $24M | 9.2% | +108.6% | 1.0 yr |
| SCHLScholastic Corporation | $18M | 7.0% | +113.4% | 1.3 yr |
| DKSDICK'S Sporting Goods, I | $14M | 5.5% | +0.1% | 0.3 yr |
| BEBloom Energy Corporation | $7M | 2.8% | +589.2% | 0.3 yr |
| IWMiShares Russell 2000 ETF | $2M | 0.7% | — | 1.3 yr |
Portfolio composition (YoY)
Industry mix
Gambling, Resorts & Casinos20.4%+6.7pp$53M
Medical - Distribution19.0%+2.6pp$50M
Industrial - Infrastructure Operations13.5%$35M
Oil & Gas Equipment & Services12.4%-1.9pp$33M
Medical - Diagnostics & Research9.6%+2.1pp$25M
Aerospace & Defense9.2%$24M
Publishing7.0%-4.8pp$18M
Specialty Retail5.5%$14M
Electrical Equipment & Parts2.8%$7M
Asset Management0.7%+0.6pp$2M
Country
US100.0%+7.5pp
Top 5: 74.8% · Top 10: 100.0% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| SCHL | $24M | +0.03B | 113.4% |
| BKR | $29M | +0.01B | 41.7% |
| SHC | $15M | +0.00B | 23.0% |
| HSIC | $33M | +0.00B | 7.6% |
| VAC | $28M | +0.00B | 6.3% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $262M | 10 | +22.71% | +17.59% | +5.11% | -0.01B |
| 2025-12-31 | $243M | 8 | +6.76% | +17.72% | -10.95% | -0.02B |
| 2025-09-30 | $260M | 10 | +6.46% | +8.12% | -1.66% | +0.01B |
| 2025-06-30 | $232M | 12 | +3.55% | +10.78% | -7.22% | +0.02B |
| 2025-03-31 | $201M | 11 | -4.17% | -4.27% | +0.09% | +0.04B |
| 2024-12-31 | $165M | 9 | — | — | — | — |