Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-3.02%
trims when stocks drop
when a holding falls −10%+
Middle response
-1.59%
baseline attrition
Rally response
-0.80%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| SPMOInvesco S&P 500 Momentum | $8M | 6.3% | — | 1.5 yr |
| NVDANVIDIA Corporation | $7M | 5.1% | +60.9% | 1.5 yr |
| PYLDPIMCO Multisector Bond A | $6M | 4.3% | — | 1.5 yr |
| VIGVanguard Dividend Apprec | $5M | 4.1% | — | 1.5 yr |
| AAPLApple Inc. | $5M | 3.9% | +14.7% | 1.5 yr |
| JGROJPMorgan Active Growth E | $5M | 3.4% | — | 1.5 yr |
| IWFiShares Russell 1000 Gro | $4M | 3.1% | — | 1.5 yr |
| TCAFT. Rowe Price Capital Ap | $4M | 3.0% | — | 1.5 yr |
| FTSMFirst Trust Enhanced Sho | $4M | 3.0% | — | 1.5 yr |
| OMFLInvesco Russell 1000 Dyn | $4M | 3.0% | — | 1.5 yr |
| DSTLDistillate U.S. Fundamen | $4M | 2.7% | — | 1.5 yr |
| XMHQInvesco S&P MidCap Quali | $3M | 2.5% | — | 1.5 yr |
| DGROiShares Core Dividend Gr | $3M | 2.1% | — | 1.5 yr |
| DGRWWisdomTree U.S. Quality | $3M | 2.0% | — | 1.5 yr |
| FTCSFirst Trust Capital Stre | $3M | 2.0% | — | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management58.7%-4.4pp$78M
Semiconductors7.8%+2.3pp$10M
Asset Management - Bonds4.7%+1.9pp$6M
Consumer Electronics3.9%-0.9pp$5M
Asset Management - Leveraged3.0%+2.3pp$4M
Banks - Diversified2.5%-0.0pp$3M
Software - Infrastructure2.5%-0.4pp$3M
Asset Management - Income2.3%+1.8pp$3M
Internet Content & Information2.2%+0.3pp$3M
Specialty Retail1.8%-0.2pp$2M
Country
US99.4%-0.6pp
NL0.3%
TW0.2%
Top 5: 23.6% · Top 10: 39.2% · Top 25: 67.1%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| NVDA | $4M | +0.00B | 60.9% |
| AVGO | $1M | +0.00B | 86.0% |
| GOOG | $1M | +0.00B | 84.3% |
| AAPL | $5M | +0.00B | 14.7% |
| JPM | $2M | +0.00B | 21.8% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| MSFT | $2M | -0.00B | -0.6% |
Top buys this quarter · 15
| DELL Dell Technologies Inc.new | +$0M |
| UNP Union Pacific Corporationnew | +$0M |
| PLTR Palantir Technologies Inc. | +$0M |
| ASML ASML Holding N.V. | +$0M |
| MMM 3M Company | +$0M |
| VRT Vertiv Holdings Co | +$0M |
| NVDA NVIDIA Corporation | +$7M |
| TSM Taiwan Semiconductor Manufactu | +$0M |
| CVX Chevron Corporation | +$0M |
| AVGO Broadcom Inc. | +$3M |
Top sells this quarter · 15
| AAPL Apple Inc. | −$0M |
| CBSH Commerce Bancshares, Inc.exit | −$0M |
| EMR Emerson Electric Co.exit | −$0M |
| BLK BlackRock, Inc. | −$0M |
| PGR The Progressive Corporationexit | −$0M |
| BX Blackstone Inc.exit | −$0M |
| SMCI Super Micro Computer, Inc.exit | −$0M |
| BSX Boston Scientific Corporationexit | −$0M |
| NOW ServiceNow, Inc. | −$0M |
| MRK Merck & Co., Inc. | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $133M | 108 | +20.59% | +17.59% | +3.00% | +0.01B |
| 2025-12-31 | $130M | 107 | +18.02% | +17.72% | +0.31% | -0.00B |
| 2025-09-30 | $128M | 108 | +10.53% | +8.12% | +2.41% | +0.00B |
| 2025-06-30 | $115M | 100 | +13.72% | +10.78% | +2.94% | -0.00B |
| 2025-03-31 | $102M | 94 | -7.37% | -4.27% | -3.10% | +0.01B |
| 2024-12-31 | $103M | 88 | — | — | — | — |