Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.32%
adds when stocks drop
when a holding falls −10%+
Middle response
-0.31%
baseline attrition
Rally response
-1.19%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $14M | 8.7% | +14.7% | 1.5 yr |
| NVDANVIDIA Corporation | $14M | 8.4% | +60.9% | 1.5 yr |
| MSFTMicrosoft Corporation | $6M | 3.8% | -0.6% | 1.5 yr |
| BRK-BBerkshire Hathaway Inc. | $5M | 3.1% | — | 1.5 yr |
| GOOGAlphabet Inc. | $4M | 2.2% | +84.3% | 1.5 yr |
| JPMJPMorgan Chase & Co. | $3M | 2.0% | +21.8% | 1.5 yr |
| IWSiShares Russell Mid-Cap | $3M | 2.0% | — | 1.5 yr |
| IMCViShares Morningstar Mid- | $3M | 2.0% | — | 1.5 yr |
| ORCLOracle Corporation | $3M | 1.9% | +5.9% | 1.5 yr |
| RJFRaymond James Financial, | $3M | 1.7% | +5.2% | 1.5 yr |
| JNJJohnson & Johnson | $3M | 1.5% | +51.5% | 1.5 yr |
| GOOGLAlphabet Inc. | $2M | 1.5% | — | 1.5 yr |
| AMZNAmazon.com, Inc. | $2M | 1.2% | +9.5% | 1.5 yr |
| EMLPFirst Trust North Americ | $2M | 1.2% | — | 1.5 yr |
| LECOLincoln Electric Holding | $2M | 1.2% | +33.0% | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management28.2%+0.4pp$47M
Semiconductors9.9%+3.0pp$16M
Consumer Electronics8.8%+0.0pp$15M
Software - Infrastructure5.8%-1.3pp$10M
Drug Manufacturers - General4.3%+0.6pp$7M
Internet Content & Information3.7%+1.4pp$6M
Insurance - Diversified3.1%-0.8pp$5M
Banks - Diversified2.6%+0.1pp$4M
Financial - Capital Markets2.0%-0.1pp$3M
Medical - Diagnostics & Research1.6%-0.4pp$3M
Country
US97.0%+0.0pp
IE1.1%+0.1pp
CH0.3%+0.0pp
TW0.3%+0.1pp
CA0.3%-0.2pp
SG0.3%+0.1pp
GB0.2%-0.1pp
CN0.1%-0.1pp
Top 5: 26.1% · Top 10: 35.6% · Top 25: 51.2%
Top buys this quarter · 15
| LLY Eli Lilly and Company | +$1M |
| RJF Raymond James Financial, Inc. | +$3M |
| BC Brunswick Corporationnew | +$0M |
| UPS United Parcel Service, Inc. | +$0M |
| ALSN Allison Transmission Holdings,new | +$0M |
| COF Capital One Financial Corporat | +$0M |
| WHD Cactus, Inc.new | +$0M |
| WSM Williams-Sonoma, Inc. | +$0M |
| RGA Reinsurance Group of America, | +$0M |
| ENTG Entegris, Inc. | +$0M |
Top sells this quarter · 15
| WRN Western Copper and Gold Corporexit | −$1M |
| AMZN Amazon.com, Inc. | −$0M |
| NVDA NVIDIA Corporation | −$0M |
| MCY Mercury General Corporationexit | −$0M |
| BX Blackstone Inc. | −$0M |
| VZ Verizon Communications Inc. | −$0M |
| BABA Alibaba Group Holding Limited | −$0M |
| OXY Occidental Petroleum Corporati | −$0M |
| DAR Darling Ingredients Inc.exit | −$0M |
| EXAS Exact Sciences Corporationexit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $167M | 853 | +19.51% | +17.59% | +1.92% | +0.00B |
| 2025-12-31 | $170M | 854 | +19.31% | +17.72% | +1.59% | +0.01B |
| 2025-09-30 | $157M | 831 | +10.82% | +8.12% | +2.70% | -0.01B |
| 2025-06-30 | $147M | 760 | +11.58% | +10.78% | +0.80% | -0.02B |
| 2025-03-31 | $147M | 794 | -4.96% | -4.27% | -0.69% | +0.01B |
| 2024-12-31 | $147M | 729 | — | — | — | — |