Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.00%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.00%
baseline attrition
Rally response
+0.00%
adds into rallies
when a holding rises +10%+
Top positions · 1
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| YMMFull Truck Alliance Co. | $74M | 100.0% | -35.0% | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Software - Application100.0%+0.0pp$74M
Country
CN100.0%+0.0pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Top buys this quarter · 0
No buys this quarter
Top sells this quarter · 0
No sells this quarter
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $74M | 1 | -35.04% | +17.59% | -52.63% | +0.00B |
| 2025-12-31 | $96M | 1 | -0.09% | +17.72% | -17.81% | -0.00B |
| 2025-09-30 | $116M | 1 | +9.98% | +8.12% | +1.86% | -0.00B |
| 2025-06-30 | $106M | 1 | -7.50% | +10.78% | -18.27% | -0.00B |
| 2025-03-31 | $115M | 1 | +17.97% | -4.27% | +22.24% | +0.00B |
| 2024-12-31 | $97M | 1 | — | — | — | — |