Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.02%
adds when stocks drop
when a holding falls −10%+
Middle response
-0.69%
baseline attrition
Rally response
-0.09%
trims into rallies
when a holding rises +10%+
Top positions · 17
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| YNDXYandex N.V. | $196M | 24.6% | — | 1.0 yr |
| KTOSKratos Defense & Securit | $125M | 15.7% | +137.5% | 1.5 yr |
| BAThe Boeing Company | $123M | 15.4% | +16.7% | 1.5 yr |
| NTBThe Bank of N.T. Butterf | $94M | 11.8% | +40.7% | 1.5 yr |
| NVDANVIDIA Corporation | $66M | 8.3% | +60.9% | 0.8 yr |
| FCXFreeport-McMoRan Inc. | $51M | 6.4% | +57.4% | 0.3 yr |
| GLXYGalaxy Digital | $32M | 4.0% | — | 1.0 yr |
| IBKRInteractive Brokers Grou | $20M | 2.5% | +62.8% | 1.5 yr |
| ASPIASP Isotopes Inc. Common | $18M | 2.3% | -5.8% | 1.5 yr |
| VVisa Inc. | $15M | 1.9% | -13.1% | 0.5 yr |
| HTHTH World Group Limited | $10M | 1.3% | +43.2% | 1.0 yr |
| BABAAlibaba Group Holding Li | $10M | 1.3% | -3.5% | 0.8 yr |
| BEKEKE Holdings Inc. | $9M | 1.1% | -25.2% | 1.5 yr |
| AMTMAmentum Holdings, Inc. | $8M | 1.0% | +43.3% | 0.3 yr |
| ASHRXtrackers Harvest CSI 30 | $8M | 1.0% | — | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Aerospace & Defense32.1%-10.1pp$256M
Internet Content & Information24.6%+20.9pp$196M
Banks - Diversified11.8%-9.1pp$94M
Semiconductors8.3%$66M
Copper6.4%$51M
Financial - Capital Markets4.0%$32M
Investment - Banking & Investment Services2.5%-1.7pp$20M
Chemicals2.3%+1.8pp$18M
Financial - Credit Services1.9%$15M
Asset Management1.6%-11.0pp$13M
Country
US59.0%-8.6pp
RU24.6%
BM11.8%-9.1pp
CN3.6%-5.6pp
KY0.9%
Top 5: 75.8% · Top 10: 92.8% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $797M | 17 | +36.85% | +17.59% | +19.26% | +0.10B |
| 2025-12-31 | $735M | 17 | +50.04% | +17.72% | +32.32% | -0.06B |
| 2025-09-30 | $882M | 16 | +26.62% | +8.12% | +18.50% | +0.20B |
| 2025-06-30 | $540M | 17 | +25.87% | +10.78% | +15.09% | +0.12B |
| 2025-03-31 | $334M | 17 | +4.30% | -4.27% | +8.56% | +0.00B |
| 2024-12-31 | $320M | 18 | — | — | — | — |