Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.03%
trims when stocks drop
when a holding falls −10%+
Middle response
-25.12%
baseline attrition
Rally response
-50.24%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| HOLXHologic, Inc. | $11M | 15.4% | — | 0.3 yr |
| MUMicron Technology, Inc. | $10M | 13.9% | — | 0.3 yr |
| LQDALiquidia Corporation | $8M | 10.6% | — | 0.5 yr |
| — | $6M | 7.5% | — | 0.5 yr |
| EAElectronic Arts Inc. | $3M | 4.6% | — | 0.5 yr |
| TLTiShares 20+ Year Treasur | $2M | 2.9% | — | 0.5 yr |
| CWANClearwater Analytics Hol | $2M | 2.8% | — | 0.3 yr |
| MSFTMicrosoft Corporation | $2M | 2.5% | — | 0.3 yr |
| INDAiShares MSCI India ETF | $2M | 2.4% | — | 0.3 yr |
| AAOIApplied Optoelectronics, | $1M | 1.8% | — | 0.3 yr |
| NWAX-UNNew America Acquisition | $1M | 1.7% | — | 0.5 yr |
| IBITiShares Bitcoin Trust ET | $1M | 1.6% | — | 0.5 yr |
| — | $1M | 1.5% | — | 0.5 yr |
| SOCSable Offshore Corp. | $1M | 1.3% | — | 0.5 yr |
| EWYiShares MSCI South Korea | $1M | 1.3% | — | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors16.2%$12M
Medical - Instruments & Supplies15.4%$11M
Biotechnology13.0%$10M
Unknown12.6%$9M
Asset Management8.0%$6M
Electronic Gaming & Multimedia5.0%$4M
Software - Application4.4%$3M
Software - Infrastructure3.2%$2M
Asset Management - Bonds2.9%$2M
Internet Content & Information2.7%$2M
Country
US84.4%
Unknown12.6%
CA1.0%
FR0.9%
KY0.4%
DE0.4%
IE0.3%
SG0.0%
Top 5: 52.0% · Top 10: 64.4% · Top 25: 81.8%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| HOLX Hologic, Inc.new | +$11M |
| MU Micron Technology, Inc.new | +$10M |
| EA Electronic Arts Inc. | +$3M |
| CWAN Clearwater Analytics Holdings,new | +$2M |
| MSFT Microsoft Corporationnew | +$2M |
| AAOI Applied Optoelectronics, Inc.new | +$1M |
| F-PD Ford Motor Company 6.500% Notenew | +$1M |
| LQDA Liquidia Corporation | +$1M |
| RDDT Reddit, Inc. | +$1M |
| BE Bloom Energy Corporationnew | +$1M |
Top sells this quarter · 15
| AEXA American Exceptionalism Acquis | −$3M |
| LULU Lululemon Athletica Inc.exit | −$2M |
| HE Hawaiian Electric Industries, | −$1M |
| TSLA Tesla, Inc.exit | −$1M |
| GME GameStop Corp.exit | −$1M |
| ONDS Ondas Holdings Inc.exit | −$1M |
| SPY State Street SPDR S&P 500 ETF | −$1M |
| NVDA NVIDIA Corporationexit | −$1M |
| SOC Sable Offshore Corp. | −$1M |
| YOU Clear Secure, Inc.exit | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $73M | 103 | -0.36% | -4.37% | +4.01% | -0.00B |
| 2025-12-31 | $78M | 145 | — | — | — | — |