Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.78%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.94%
steady accumulation
Rally response
-0.46%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VOOVanguard S&P 500 ETF | $39M | 4.4% | — | 3.3 yr |
| BRK-BBerkshire Hathaway Inc. | $37M | 4.2% | — | 3.3 yr |
| XLKState Street Technology | $36M | 4.1% | — | 3.3 yr |
| AAPLApple Inc. | $31M | 3.5% | +14.7% | 3.3 yr |
| SDYState Street SPDR S&P Di | $26M | 2.9% | — | 3.3 yr |
| MUMicron Technology, Inc. | $25M | 2.8% | +289.6% | 3.3 yr |
| GOOGAlphabet Inc. | $23M | 2.6% | +84.3% | 3.3 yr |
| COSTCostco Wholesale Corpora | $21M | 2.4% | +5.9% | 3.3 yr |
| IVViShares Core S&P 500 ETF | $18M | 2.1% | — | 3.3 yr |
| OXYOccidental Petroleum Cor | $16M | 1.8% | +34.6% | 3.3 yr |
| ITOTiShares Core S&P Total U | $16M | 1.8% | — | 3.3 yr |
| AMZNAmazon.com, Inc. | $16M | 1.8% | +9.5% | 3.3 yr |
| NVDANVIDIA Corporation | $15M | 1.7% | +60.9% | 3.3 yr |
| VIGVanguard Dividend Apprec | $15M | 1.7% | — | 3.3 yr |
| MGKVanguard Mega Cap Growth | $15M | 1.6% | — | 2.8 yr |
Portfolio composition (YoY)
Industry mix
Asset Management45.4%-0.8pp$402M
Semiconductors5.6%+3.4pp$49M
Asset Management - Income5.3%-1.7pp$47M
Insurance - Diversified4.4%-1.3pp$39M
Consumer Electronics3.5%-0.6pp$31M
Discount Stores3.4%-0.4pp$30M
Specialty Retail3.4%-0.6pp$30M
Internet Content & Information3.3%+0.9pp$29M
Financial - Credit Services2.8%-0.5pp$25M
Banks - Diversified2.7%-1.2pp$24M
Country
US96.5%-0.0pp
CN1.6%-0.5pp
CH0.5%+0.4pp
Unknown0.3%-0.3pp
CA0.3%+0.0pp
GB0.3%+0.2pp
TW0.3%
NL0.2%+0.1pp
Top 5: 19.1% · Top 10: 30.7% · Top 25: 51.3%
Top buys this quarter · 15
| UNH UnitedHealth Group Incorporate | +$3M |
| OXY Occidental Petroleum Corporati | +$1M |
| AMR Alpha Metallurgical Resources, | +$1M |
| AZN AstraZeneca PLCnew | +$1M |
| NFG National Fuel Gas Companynew | +$0M |
| DIS The Walt Disney Company | +$7M |
| ORCL Oracle Corporation | +$0M |
| NXP Nuveen Select Tax-Free Income new | +$0M |
| V Visa Inc. | +$11M |
| NWBI Northwest Bancshares, Inc.new | +$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $885M | 406 | +29.95% | +17.59% | +12.35% | -0.00B |
| 2025-12-31 | $905M | 405 | +27.29% | +17.72% | +9.57% | -0.07B |
| 2025-09-30 | $911M | 412 | +23.78% | +17.52% | +6.27% | -0.04B |
| 2025-06-30 | $838M | 414 | +12.38% | +14.94% | -2.56% | +0.07B |
| 2025-03-31 | $712M | 356 | +10.14% | +8.30% | +1.83% | +0.05B |
| 2024-12-31 | $682M | 274 | +25.98% | +24.89% | +1.09% | -0.04B |
| 2024-09-30 | $688M | 338 | +36.08% | +36.04% | +0.05% | +0.04B |
| 2024-06-30 | $628M | 316 | +27.55% | +24.49% | +3.06% | -0.00B |
| 2024-03-31 | $599M | 326 | +28.95% | +29.62% | -0.67% | +0.05B |
| 2023-12-31 | $502M | 294 | +12.96% | +11.64% | +1.32% | +0.02B |
| 2023-09-30 | $425M | 283 | -3.12% | -3.22% | +0.10% | +0.01B |
| 2023-06-30 | $432M | 275 | +6.98% | +8.68% | -1.70% | -0.03B |
| 2023-03-31 | $431M | 274 | — | — | — | — |