Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+4.06%
adds when stocks drop
when a holding falls −10%+
Middle response
-1.28%
baseline attrition
Rally response
-4.25%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| IVViShares Core S&P 500 ETF | $13M | 10.7% | — | 1.5 yr |
| IWViShares Russell 3000 ETF | $10M | 8.5% | — | 1.5 yr |
| QQQInvesco QQQ Trust, Serie | $6M | 5.2% | — | 1.5 yr |
| BNLBroadstone Net Lease, In | $5M | 3.7% | +12.8% | 1.5 yr |
| IJRiShares Core S&P Small-C | $4M | 3.5% | — | 1.5 yr |
| COWZPacer US Cash Cows 100 E | $4M | 3.1% | — | 1.5 yr |
| VIGVanguard Dividend Apprec | $4M | 3.0% | — | 1.5 yr |
| SPMDState Street SPDR Portfo | $4M | 2.9% | — | 1.5 yr |
| USRTiShares Core U.S. REIT E | $3M | 2.5% | — | 1.5 yr |
| BRK-BBerkshire Hathaway Inc. | $3M | 2.3% | — | 1.5 yr |
| PFFiShares Preferred and In | $3M | 2.3% | — | 1.5 yr |
| VEUVanguard FTSE All-World | $3M | 2.1% | — | 1.5 yr |
| EXELExelixis, Inc. | $2M | 2.0% | +16.2% | 1.5 yr |
| IWPiShares Russell Mid-Cap | $2M | 1.8% | — | 1.5 yr |
| DGROiShares Core Dividend Gr | $2M | 1.7% | — | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management61.9%+3.2pp$77M
REIT - Diversified3.7%-1.4pp$5M
Biotechnology3.1%-0.9pp$4M
Drug Manufacturers - General2.6%+0.6pp$3M
Insurance - Diversified2.3%-1.0pp$3M
Asset Management - Income2.3%-0.7pp$3M
Semiconductors2.1%+0.8pp$3M
Telecommunications Services1.8%-0.8pp$2M
Asset Management - Bonds1.7%-0.4pp$2M
Information Technology Services1.6%-1.1pp$2M
Country
US98.3%-0.6pp
Unknown0.6%-0.1pp
CA0.5%+0.1pp
TW0.3%
CH0.2%
CN0.0%
Top 5: 31.5% · Top 10: 45.4% · Top 25: 68.6%
Top buys this quarter · 15
| GEV GE Vernova Inc.new | +$0M |
| MPC Marathon Petroleum Corporationnew | +$0M |
| GLW Corning Incorporated | +$0M |
| SM SM Energy Companynew | +$0M |
| VRT Vertiv Holdings Conew | +$0M |
| VZ Verizon Communications Inc.new | +$0M |
| MSFT Microsoft Corporation | +$2M |
| PPL PPL Corporationnew | +$0M |
| CAT Caterpillar Inc.new | +$0M |
| EXEL Exelixis, Inc. | +$0M |
Top sells this quarter · 15
| KMI Kinder Morgan, Inc.exit | −$1M |
| SNDX Syndax Pharmaceuticals, Inc. | −$0M |
| LLY Eli Lilly and Companyexit | −$0M |
| ABT Abbott Laboratoriesexit | −$0M |
| NEM Newmont Corporation | −$0M |
| BNL Broadstone Net Lease, Inc. | −$4M |
| CSCO Cisco Systems, Inc. | −$0M |
| PLTR Palantir Technologies Inc. | −$0M |
| PK Park Hotels & Resorts Inc. | −$0M |
| OHI Omega Healthcare Investors, In | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $124M | 118 | +10.34% | +17.59% | -7.25% | +0.00B |
| 2025-12-31 | $118M | 109 | -0.11% | +17.72% | -17.83% | +0.01B |
| 2025-09-30 | $113M | 109 | +4.38% | +8.12% | -3.74% | +0.00B |
| 2025-06-30 | $104M | 100 | +4.75% | +10.78% | -6.03% | +0.00B |
| 2025-03-31 | $98M | 102 | -7.97% | -4.27% | -3.70% | +0.00B |
| 2024-12-31 | $104M | 104 | — | — | — | — |