Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.86%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.00%
baseline attrition
Rally response
-2.10%
trims into rallies
when a holding rises +10%+
Top positions · 2
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| TYRATyra Biosciences, Inc. | $146M | 97.0% | +311.8% | 1.5 yr |
| VIRVir Biotechnology, Inc. | $5M | 3.0% | +38.3% | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Biotechnology100.0%+0.0pp$151M
Country
US100.0%+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 | $151M | 2 | +290.04% | +17.59% | +272.45% | -0.00B |
| 2025-12-31 | $104M | 2 | +82.43% | +17.72% | +64.71% | -0.01B |
| 2025-09-30 | $60M | 2 | +44.15% | +8.12% | +36.03% | -0.00B |
| 2025-06-30 | $42M | 2 | +0.92% | +10.78% | -9.86% | -0.00B |
| 2025-03-31 | $42M | 3 | -31.82% | -4.27% | -27.55% | -0.00B |
| 2024-12-31 | $63M | 3 | — | — | — | — |