Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+5.52%
adds when stocks drop
when a holding falls −10%+
Middle response
-2.19%
baseline attrition
Rally response
-5.22%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| GSATGlobalstar, Inc. | $29M | 16.8% | +218.4% | 1.3 yr |
| SCHDSchwab U.S. Dividend Equ | $12M | 6.9% | — | 1.0 yr |
| EFAiShares MSCI EAFE ETF | $12M | 6.8% | — | 1.5 yr |
| IDOGALPS International Secto | $6M | 3.3% | — | 1.8 yr |
| ECOWPacer Emerging Markets C | $5M | 3.2% | — | 1.8 yr |
| ICOWPacer Developed Markets | $5M | 3.2% | — | 1.8 yr |
| VTVVanguard Value ETF | $5M | 3.2% | — | 1.8 yr |
| LVHIFranklin International L | $5M | 3.1% | — | 1.8 yr |
| PHYLPGIM Active High Yield B | $5M | 3.1% | — | 1.8 yr |
| GPIXGoldman Sachs S&P 500 Pr | $5M | 3.1% | — | 1.0 yr |
| DTHWisdomTree International | $5M | 3.1% | — | 1.8 yr |
| SPYState Street SPDR S&P 50 | $5M | 3.0% | +17.6% | 1.8 yr |
| VBVanguard Small-Cap ETF | $5M | 2.9% | — | 1.3 yr |
| COWZPacer US Cash Cows 100 E | $4M | 2.3% | — | 1.8 yr |
| ELFe.l.f. Beauty, Inc. | $4M | 2.1% | -3.5% | 1.8 yr |
Portfolio composition (YoY)
Industry mix
Asset Management55.6%-1.3pp$95M
Telecommunications Services17.7%+9.4pp$30M
Asset Management - Bonds4.5%-3.7pp$8M
Software - Application2.7%+1.3pp$5M
Household & Personal Products2.5%+1.0pp$4M
Drug Manufacturers - General1.9%-0.5pp$3M
Semiconductors1.6%-0.6pp$3M
Software - Infrastructure1.1%+0.2pp$2M
Oil & Gas Exploration & Production1.1%-0.3pp$2M
Oil & Gas Integrated1.0%+0.1pp$2M
Country
US98.8%-0.9pp
CA0.7%
Unknown0.3%
IE0.2%-0.1pp
Top 5: 36.9% · Top 10: 52.6% · Top 25: 77.4%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| GSAT | $8M | +0.02B | 218.4% |
| SPY | $5M | +0.00B | 17.6% |
| AMD | $1M | +0.00B | 98.0% |
| GOOG | $0M | +0.00B | 84.3% |
| CRWD | $1M | +0.00B | 10.7% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| ELF | $2M | -0.00B | -3.5% |
Top buys this quarter · 15
| SHOP Shopify Inc.new | +$1M |
| AMD Advanced Micro Devices, Inc. | +$1M |
| UBER Uber Technologies, Inc. | +$1M |
| BSX Boston Scientific Corporationnew | +$1M |
| NOW ServiceNow, Inc. | +$1M |
| CRWD CrowdStrike Holdings, Inc. | +$0M |
| EL The Estée Lauder Companies Innew | +$0M |
| MSFT Microsoft Corporationnew | +$0M |
| ACN Accenture plc | +$0M |
| CRM Salesforce, Inc. | +$0M |
Top sells this quarter · 15
| TGT Target Corporation | −$1M |
| AMAT Applied Materials, Inc. | −$1M |
| JEF Jefferies Financial Group Inc.exit | −$1M |
| CSCO Cisco Systems, Inc.exit | −$1M |
| CAH Cardinal Health, Inc. | −$1M |
| MPC Marathon Petroleum Corporation | −$0M |
| WBD Warner Bros. Discovery, Inc. | −$0M |
| EOG EOG Resources, Inc. | −$0M |
| PLTR Palantir Technologies Inc.exit | −$0M |
| LULU Lululemon Athletica Inc.exit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $171M | 91 | +60.67% | +17.59% | +43.08% | +0.01B |
| 2025-12-31 | $158M | 82 | +44.95% | +17.72% | +27.23% | -0.01B |
| 2025-09-30 | $138M | 86 | +25.23% | +17.52% | +7.72% | -0.01B |
| 2025-06-30 | $124M | 83 | +13.26% | +10.78% | +2.49% | -0.00B |
| 2025-03-31 | $113M | 80 | -9.15% | -4.27% | -4.89% | +0.01B |
| 2024-12-31 | $110M | 63 | +2.75% | +2.49% | +0.26% | +0.00B |
| 2024-09-30 | $107M | 80 | — | — | — | — |