Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+5.53%
adds when stocks drop
when a holding falls −10%+
Middle response
+1.58%
steady accumulation
Rally response
-0.39%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| EAGLEagle Capital Select Equ | $41M | 12.3% | — | 1.0 yr |
| BRK-BBerkshire Hathaway Inc. | $12M | 3.8% | — | 1.0 yr |
| MSFTMicrosoft Corporation | $12M | 3.6% | — | 1.0 yr |
| JPMJPMorgan Chase & Co. | $11M | 3.5% | — | 1.0 yr |
| LQDiShares iBoxx $ Investme | $9M | 2.8% | — | 1.0 yr |
| AAPLApple Inc. | $8M | 2.5% | — | 1.0 yr |
| GOOGLAlphabet Inc. | $8M | 2.4% | — | 1.0 yr |
| IGSBiShares 1-5 Year Investm | $8M | 2.3% | — | 1.0 yr |
| VOOVanguard S&P 500 ETF | $7M | 2.0% | — | 1.0 yr |
| IEFAiShares Core MSCI EAFE E | $6M | 1.9% | — | 1.0 yr |
| ITAiShares U.S. Aerospace & | $6M | 1.8% | — | 1.0 yr |
| KMIKinder Morgan, Inc. | $6M | 1.7% | — | 1.0 yr |
| NEMNewmont Corporation | $6M | 1.7% | — | 1.0 yr |
| WMWaste Management, Inc. | $5M | 1.7% | — | 1.0 yr |
| NTRNutrien Ltd. | $5M | 1.6% | — | 1.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management32.9%$108M
Asset Management - Bonds6.1%$20M
Banks - Diversified4.6%$15M
Insurance - Diversified3.9%$13M
Software - Infrastructure3.6%$12M
Internet Content & Information2.9%$10M
Medical - Diagnostics & Research2.9%$9M
Household & Personal Products2.6%$8M
Consumer Electronics2.5%$8M
Specialty Retail2.1%$7M
Country
US94.5%
CA3.0%
SE1.0%
GB0.5%
IE0.4%
SG0.3%
Unknown0.2%
Top 5: 26.1% · Top 10: 37.2% · Top 25: 58.5%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| MSFT Microsoft Corporation | +$12M |
| AAPL Apple Inc. | +$1M |
| AXP American Express Company | +$1M |
| AMGN Amgen Inc. | +$1M |
| ZVIA Zevia PBCnew | +$1M |
| MS Morgan Stanley | +$1M |
| JPM JPMorgan Chase & Co. | +$11M |
| DHR Danaher Corporation | +$1M |
| CSCO Cisco Systems, Inc. | +$1M |
| COST Costco Wholesale Corporation | +$1M |
Top sells this quarter · 15
| AGX Argan, Inc. | −$0M |
| WAY Waystar Holding Corp.exit | −$0M |
| SCI Service Corporation Internatioexit | −$0M |
| ADBE Adobe Inc.exit | −$0M |
| PFE Pfizer Inc.exit | −$0M |
| ABT Abbott Laboratoriesexit | −$0M |
| THRM Gentherm Incorporatedexit | −$0M |
| APO Apollo Global Management, Inc.exit | −$0M |
| KKR KKR & Co. Inc.exit | −$0M |
| SSNC SS&C Technologies Holdings, Inexit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $328M | 185 | -2.03% | -4.37% | +2.34% | +0.04B |
| 2025-12-31 | $292M | 174 | +1.14% | +2.66% | -1.53% | +0.01B |
| 2025-09-30 | $279M | 161 | +5.85% | +8.12% | -2.27% | -0.00B |
| 2025-06-30 | $266M | 165 | — | — | — | — |