Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+2.30%
adds when stocks drop
when a holding falls −10%+
Middle response
+1.35%
steady accumulation
Rally response
+1.44%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $629M | 5.4% | +60.9% | 1.5 yr |
| AAPLApple Inc. | $563M | 4.8% | +14.7% | 1.5 yr |
| MSFTMicrosoft Corporation | $423M | 3.6% | -0.6% | 1.5 yr |
| AMZNAmazon.com, Inc. | $308M | 2.6% | +9.5% | 1.5 yr |
| GOOGLAlphabet Inc. | $257M | 2.2% | — | 1.5 yr |
| AVGOBroadcom Inc. | $220M | 1.9% | +86.0% | 1.5 yr |
| GOOGAlphabet Inc. | $209M | 1.8% | +84.3% | 1.5 yr |
| METAMeta Platforms, Inc. | $192M | 1.6% | -0.4% | 1.5 yr |
| TSLATesla, Inc. | $162M | 1.4% | +43.4% | 1.5 yr |
| BRK-BBerkshire Hathaway Inc. | $136M | 1.2% | — | 1.5 yr |
| JPMJPMorgan Chase & Co. | $123M | 1.0% | +21.8% | 1.5 yr |
| LLYEli Lilly and Company | $113M | 1.0% | +12.2% | 1.5 yr |
| XOMExxon Mobil Corporation | $110M | 0.9% | +47.6% | 1.5 yr |
| JNJJohnson & Johnson | $91M | 0.8% | +51.5% | 1.5 yr |
| WMTWalmart Inc. | $83M | 0.7% | +42.8% | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors10.9%+3.9pp$1.28B
Internet Content & Information6.1%+1.2pp$709M
Software - Infrastructure5.6%-0.5pp$660M
Unknown5.3%+0.8pp$615M
Consumer Electronics4.9%+0.0pp$568M
Drug Manufacturers - General3.6%+0.2pp$422M
Specialty Retail3.5%-0.2pp$408M
Aerospace & Defense2.4%+0.6pp$283M
Banks - Diversified2.4%+0.1pp$280M
Software - Application2.1%-0.9pp$249M
Country
US91.1%-0.5pp
Unknown5.3%+0.8pp
IE1.1%-0.3pp
GB0.8%+0.1pp
BM0.3%-0.0pp
CH0.2%+0.0pp
LU0.2%-0.1pp
BR0.2%-0.0pp
Top 5: 18.6% · Top 10: 26.5% · Top 25: 36.0%
Top buys this quarter · 15
| PANW Palo Alto Networks, Inc. | +$3M |
| NVDA NVIDIA Corporation | +$629M |
| SNDK Sandisk Corporation | +$3M |
| MDLN Medline Inc.new | +$2M |
| MSFT Microsoft Corporation | +$423M |
| RKLB Rocket Lab USA, Inc. | +$2M |
| COHR Coherent, Inc. | +$2M |
| CDE Coeur Mining, Inc. | +$2M |
| WAT Waters Corporation | +$2M |
| FITB Fifth Third Bancorp | +$2M |
Top sells this quarter · 15
| EXAS Exact Sciences Corporationexit | −$8M |
| AAPL Apple Inc. | −$4M |
| CFLT Confluent, Inc.exit | −$4M |
| PNFP Pinnacle Financial Partners, Iexit | −$3M |
| JCI Johnson Controls International | −$12M |
| TGNA TEGNA Inc.exit | −$1M |
| STNE StoneCo Ltd. | −$1M |
| ADV Advantage Solutions Inc.exit | −$1M |
| WRB W. R. Berkley Corporation | −$1M |
| C Citigroup Inc. | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $11.71B | 3135 | +18.73% | +17.59% | +1.14% | +0.08B |
| 2025-12-31 | $12.03B | 3156 | +16.50% | +17.72% | -1.22% | -0.66B |
| 2025-09-30 | $12.44B | 3166 | +8.13% | +8.12% | +0.01% | +0.80B |
| 2025-06-30 | $10.76B | 3147 | +11.32% | +10.78% | +0.54% | -0.25B |
| 2025-03-31 | $9.89B | 3071 | -5.14% | -4.27% | -0.87% | +0.14B |
| 2024-12-31 | $10.28B | 3016 | — | — | — | — |