Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-6.11%
trims when stocks drop
when a holding falls −10%+
Middle response
-1.60%
baseline attrition
Rally response
-1.32%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $37M | 15.7% | +60.9% | 1.5 yr |
| SCHXSchwab U.S. Large-Cap ET | $33M | 14.3% | — | 1.5 yr |
| AAPLApple Inc. | $22M | 9.2% | +14.7% | 1.5 yr |
| SCHMSchwab U.S. Mid-Cap ETF | $10M | 4.1% | — | 1.5 yr |
| DGROiShares Core Dividend Gr | $9M | 3.8% | — | 1.5 yr |
| LLYEli Lilly and Company | $9M | 3.6% | +12.2% | 1.5 yr |
| EMXCiShares MSCI Emerging Ma | $7M | 3.2% | — | 1.5 yr |
| MSFTMicrosoft Corporation | $7M | 3.1% | -0.6% | 1.5 yr |
| GOOGLAlphabet Inc. | $7M | 2.8% | — | 1.5 yr |
| SCHASchwab U.S. Small-Cap ET | $6M | 2.7% | — | 1.5 yr |
| IEFAiShares Core MSCI EAFE E | $6M | 2.7% | — | 1.5 yr |
| AMZNAmazon.com, Inc. | $6M | 2.5% | +9.5% | 1.5 yr |
| BRK-BBerkshire Hathaway Inc. | $5M | 2.0% | — | 1.5 yr |
| CORPPIMCO Investment Grade C | $4M | 1.9% | — | 1.5 yr |
| CATCaterpillar Inc. | $4M | 1.9% | +117.8% | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management40.2%+2.4pp$94M
Semiconductors16.2%+3.2pp$38M
Consumer Electronics9.2%-0.8pp$22M
Software - Infrastructure5.1%-1.5pp$12M
Drug Manufacturers - General4.1%-0.8pp$10M
Internet Content & Information3.4%+1.2pp$8M
Insurance - Diversified2.6%-3.1pp$6M
Specialty Retail2.5%-0.4pp$6M
Asset Management - Bonds2.0%+0.2pp$5M
Agricultural - Machinery1.9%+0.6pp$4M
Country
US99.1%-0.2pp
CA0.3%+0.3pp
Unknown0.3%-0.1pp
IE0.2%-0.0pp
IL0.0%-0.0pp
SG0.0%+0.0pp
FR0.0%+0.0pp
CN0.0%-0.0pp
Top 5: 47.0% · Top 10: 62.5% · Top 25: 85.1%
Top buys this quarter · 15
| SPY State Street SPDR S&P 500 ETF | +$1M |
| CAT Caterpillar Inc. | +$0M |
| SCHW The Charles Schwab Corporation | +$0M |
| WMT Walmart Inc. | +$0M |
| JPM JPMorgan Chase & Co. | +$4M |
| DE Deere & Companynew | +$0M |
| DTM DT Midstream, Inc. | +$0M |
| DTE DTE Energy Company | +$0M |
| LOW Lowe's Companies, Inc. | +$0M |
| BTSG BrightSpring Health Services, new | +$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $234M | 357 | +25.90% | +17.59% | +8.31% | +0.00B |
| 2025-12-31 | $246M | 353 | +23.10% | +17.72% | +5.38% | -0.00B |
| 2025-09-30 | $239M | 340 | +11.39% | +8.12% | +3.27% | -0.00B |
| 2025-06-30 | $216M | 307 | +16.99% | +10.78% | +6.21% | -0.02B |
| 2025-03-31 | $205M | 389 | -8.75% | -4.27% | -4.48% | +0.01B |
| 2024-12-31 | $214M | 364 | — | — | — | — |