Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+12.00%
adds when stocks drop
when a holding falls −10%+
Middle response
+6.58%
steady accumulation
Rally response
+3.15%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| DFUSDimensional - US Equity | $46M | 23.4% | — | 1.5 yr |
| AAEQAlpha Architect US Equit | $18M | 9.1% | — | 0.5 yr |
| GOOGAlphabet Inc. | $13M | 6.4% | +84.3% | 1.5 yr |
| GOOGLAlphabet Inc. | $13M | 6.4% | — | 1.5 yr |
| NVDANVIDIA Corporation | $8M | 4.2% | +60.9% | 1.5 yr |
| — | $8M | 4.0% | — | 0.3 yr |
| AVGOBroadcom Inc. | $7M | 3.4% | +86.0% | 1.5 yr |
| VOOVanguard S&P 500 ETF | $6M | 3.2% | — | 1.5 yr |
| ARESAres Management Corporat | $6M | 2.9% | -23.1% | 0.3 yr |
| AAPLApple Inc. | $5M | 2.8% | +14.7% | 1.5 yr |
| AMZNAmazon.com, Inc. | $5M | 2.7% | +9.5% | 1.5 yr |
| IXUSiShares Core MSCI Total | $4M | 2.3% | — | 1.5 yr |
| DFACDimensional - US Core Eq | $4M | 2.1% | — | 1.5 yr |
| VTIVanguard Total Stock Mar | $4M | 2.1% | — | 1.5 yr |
| VXUSVanguard Total Internati | $4M | 2.0% | — | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management58.8%-8.0pp$115M
Internet Content & Information13.2%-0.5pp$26M
Semiconductors9.9%+5.0pp$19M
Unknown4.0%$8M
Consumer Electronics2.8%+0.5pp$5M
Specialty Retail2.7%+1.6pp$5M
Software - Infrastructure2.7%-1.1pp$5M
Discount Stores1.0%+0.5pp$2M
Financial - Credit Services0.9%-0.9pp$2M
Drug Manufacturers - General0.7%+0.2pp$1M
Country
US96.0%-4.0pp
Unknown4.0%
Top 5: 49.5% · Top 10: 65.7% · Top 25: 88.1%
Top buys this quarter · 15
| ARES Ares Management Corporationnew | +$24M |
| NVDA NVIDIA Corporation | +$4M |
| AVGO Broadcom Inc. | +$3M |
| AMAT Applied Materials, Inc.new | +$3M |
| AAPL Apple Inc. | +$2M |
| WMT Walmart Inc. | +$1M |
| MU Micron Technology, Inc. | +$0M |
| AMZN Amazon.com, Inc. | +$5M |
| GOOG Alphabet Inc. | +$13M |
| ORCL Oracle Corporation | +$1M |
Top sells this quarter · 13
| SPY State Street SPDR S&P 500 ETF exit | −$0M |
| CSCO Cisco Systems, Inc. | −$0M |
| SNPS Synopsys, Inc.exit | −$0M |
| AAEQ Alpha Architect US Equity 2 ET | −$0M |
| DFUS Dimensional - US Equity Market | −$0M |
| GBIL Goldman Sachs Access Treasury | −$0M |
| IVV iShares Core S&P 500 ETF | −$0M |
| JQUA JPMorgan U.S. Quality Factor E | −$0M |
| PAAA PGIM AAA CLO ETF | −$0M |
| BNDX Vanguard Total International B | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $196M | 71 | +28.57% | +17.59% | +10.97% | +0.04B |
| 2025-12-31 | $179M | 62 | +36.76% | +17.72% | +19.04% | +0.01B |
| 2025-09-30 | $156M | 66 | +16.01% | +8.12% | +7.89% | -0.00B |
| 2025-06-30 | $138M | 64 | +22.47% | +10.78% | +11.70% | +0.00B |
| 2025-03-31 | $109M | 50 | -10.33% | -4.27% | -6.06% | +0.01B |
| 2024-12-31 | $114M | 50 | — | — | — | — |