Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.00%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.00%
baseline attrition
Rally response
-18.75%
trims into rallies
when a holding rises +10%+
Top positions · 6
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| RVMDRevolution Medicines, In | $53M | 44.4% | +175.0% | 1.3 yr |
| SAILSailPoint, Inc. | $40M | 33.0% | -29.4% | 1.3 yr |
| LINELineage, Inc. | $20M | 16.3% | -41.8% | 1.3 yr |
| NMRANeumora Therapeutics, In | $4M | 3.4% | +95.0% | 1.3 yr |
| NAVNNavan, Inc. | $3M | 2.2% | — | 0.5 yr |
| — | $1M | 0.7% | — | 1.0 yr |
Portfolio composition (YoY)
Industry mix
Biotechnology47.8%+1.2pp$58M
Software - Infrastructure33.0%+0.1pp$40M
REIT - Industrial16.3%-4.2pp$20M
Software - Application2.2%$3M
Unknown0.7%$1M
Country
US99.3%-0.7pp
Unknown0.7%
Top 5: 99.3% · Top 10: 100.0% · Top 25: 100.0%
Top buys this quarter · 0
No buys this quarter
Top sells this quarter · 1
| RVMD Revolution Medicines, Inc. | −$160M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $120M | 6 | +17.73% | +17.59% | +0.14% | -0.16B |
| 2025-12-31 | $264M | 6 | +9.60% | +2.66% | +6.94% | -0.46B |
| 2025-09-30 | $664M | 10 | -2.43% | +8.12% | -10.55% | +0.49B |
| 2025-06-30 | $178M | 6 | +3.83% | +10.78% | -6.95% | +0.00B |
| 2025-03-31 | $171M | 4 | — | — | — | — |