Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-3.97%
trims when stocks drop
when a holding falls −10%+
Middle response
-0.98%
baseline attrition
Rally response
-0.45%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AMZNAmazon.com, Inc. | $13M | 9.4% | +9.5% | 1.5 yr |
| LLYEli Lilly and Company | $12M | 8.8% | +12.2% | 1.5 yr |
| TDGTransDigm Group Incorpor | $10M | 7.4% | -10.5% | 1.5 yr |
| ALLThe Allstate Corporation | $10M | 6.8% | +2.1% | 1.5 yr |
| AAPLApple Inc. | $8M | 5.6% | +14.7% | 1.5 yr |
| COSTCostco Wholesale Corpora | $7M | 5.3% | +5.9% | 1.5 yr |
| NVDANVIDIA Corporation | $4M | 2.9% | +60.9% | 1.5 yr |
| MCDMcDonald's Corporation | $4M | 2.9% | +1.8% | 1.5 yr |
| WELLWelltower Inc. | $4M | 2.8% | +31.2% | 1.5 yr |
| MOAltria Group, Inc. | $3M | 2.3% | +15.8% | 1.5 yr |
| ORealty Income Corporatio | $3M | 2.0% | +11.5% | 1.5 yr |
| VZVerizon Communications I | $3M | 1.8% | +16.5% | 1.5 yr |
| EWEdwards Lifesciences Cor | $2M | 1.5% | +10.5% | 1.5 yr |
| NFLXNetflix, Inc. | $2M | 1.5% | +3.1% | 1.5 yr |
| CVXChevron Corporation | $2M | 1.4% | +29.2% | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Drug Manufacturers - General11.5%-0.3pp$16M
Specialty Retail9.4%-0.3pp$13M
Aerospace & Defense9.4%-1.7pp$13M
Insurance - Property & Casualty7.9%+2.7pp$11M
Discount Stores5.8%-0.2pp$8M
Consumer Electronics5.6%-0.0pp$8M
Semiconductors4.1%+1.4pp$6M
Restaurants3.9%-0.8pp$5M
Regulated Electric3.4%-0.1pp$5M
REIT - Healthcare Facilities3.3%+0.4pp$5M
Country
US96.1%-0.4pp
Unknown1.6%+0.1pp
CH1.1%-0.0pp
CA0.4%+0.2pp
TW0.2%+0.1pp
DE0.2%-0.0pp
GB0.2%+0.0pp
IE0.1%-0.0pp
Top 5: 38.0% · Top 10: 54.1% · Top 25: 73.1%
Top buys this quarter · 15
| O Realty Income Corporation | +$0M |
| CVS CVS Health Corporationnew | +$0M |
| AMD Advanced Micro Devices, Inc. | +$0M |
| PANW Palo Alto Networks, Inc. | +$0M |
| ABBV AbbVie Inc. | +$0M |
| MSFT Microsoft Corporation | +$2M |
| ENB Enbridge Inc. | +$0M |
| MU Micron Technology, Inc. | +$0M |
| CEG Constellation Energy Corporati | +$0M |
| SPOT Spotify Technology S.A.new | +$0M |
Top sells this quarter · 15
| UNH UnitedHealth Group Incorporate | −$0M |
| VZ Verizon Communications Inc. | −$2M |
| AMZN Amazon.com, Inc. | −$0M |
| BF-B Brown-Forman Corporationexit | −$0M |
| CF CF Industries Holdings, Inc. | −$0M |
| EXAS Exact Sciences Corporationexit | −$0M |
| KKR KKR & Co. Inc. | −$0M |
| BA The Boeing Company | −$0M |
| DIS The Walt Disney Company | −$0M |
| CLX The Clorox Companyexit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $141M | 299 | +11.12% | +17.59% | -6.47% | +0.00B |
| 2025-12-31 | $142M | 293 | +13.43% | +17.72% | -4.29% | -0.00B |
| 2025-09-30 | $138M | 293 | +4.17% | +8.12% | -3.96% | -0.00B |
| 2025-06-30 | $133M | 289 | +3.96% | +10.78% | -6.81% | +0.00B |
| 2025-03-31 | $127M | 302 | +0.39% | -4.27% | +4.65% | -0.00B |
| 2024-12-31 | $131M | 314 | — | — | — | — |