Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-5.10%
trims when stocks drop
when a holding falls −10%+
Middle response
+7.75%
steady accumulation
Rally response
-10.84%
trims into rallies
when a holding rises +10%+
Top positions · 10
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| CACCCredit Acceptance Corpor | $41M | 24.9% | -18.0% | 1.5 yr |
| MBUUMalibu Boats, Inc. | $29M | 17.4% | -15.5% | 1.5 yr |
| OZKBank OZK | $22M | 13.5% | +9.8% | 1.5 yr |
| SEBSeaboard Corporation | $18M | 10.8% | +110.2% | 0.8 yr |
| CALMCal-Maine Foods, Inc. | $18M | 10.6% | -5.4% | 0.3 yr |
| BSVNBank7 Corp. | $13M | 7.8% | +5.5% | 1.5 yr |
| DGDollar General Corporati | $11M | 6.7% | +37.3% | 1.5 yr |
| BKNGBooking Holdings Inc. | $8M | 4.6% | -96.3% | 0.3 yr |
| SYFSynchrony Financial | $6M | 3.5% | +30.8% | 1.0 yr |
| PATKPatrick Industries, Inc. | $0M | 0.2% | +33.5% | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Financial - Credit Services28.3%-1.0pp$47M
Banks - Regional21.2%-2.2pp$35M
Auto - Recreational Vehicles17.4%-2.5pp$29M
Conglomerates10.8%$18M
Agricultural Farm Products10.6%$18M
Discount Stores6.7%-13.7pp$11M
Travel Services4.6%$8M
Furnishings, Fixtures & Appliances0.2%-6.7pp$0M
Country
US100.0%+0.0pp
Top 5: 77.2% · Top 10: 100.0% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $165M | 10 | +9.08% | +17.59% | -8.51% | +0.02B |
| 2025-12-31 | $148M | 8 | +11.39% | +17.72% | -6.33% | -0.01B |
| 2025-09-30 | $152M | 8 | +1.47% | +8.12% | -6.65% | -0.00B |
| 2025-06-30 | $154M | 8 | +9.43% | +10.78% | -1.35% | +0.04B |
| 2025-03-31 | $104M | 7 | -2.27% | -4.27% | +1.99% | +0.00B |
| 2024-12-31 | $103M | 7 | — | — | — | — |