Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+16.24%
adds when stocks drop
when a holding falls −10%+
Middle response
+1.75%
steady accumulation
Rally response
-2.48%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| ADIAnalog Devices, Inc. | $23M | 3.3% | +60.2% | 0.5 yr |
| TSMTaiwan Semiconductor Man | $22M | 3.2% | +105.6% | 0.5 yr |
| SHWThe Sherwin-Williams Com | $21M | 3.0% | -7.4% | 0.5 yr |
| AMZNAmazon.com, Inc. | $19M | 2.8% | +9.5% | 1.3 yr |
| NVDANVIDIA Corporation | $18M | 2.7% | +60.9% | 0.8 yr |
| GWWW.W. Grainger, Inc. | $18M | 2.7% | +11.4% | 0.3 yr |
| MOAltria Group, Inc. | $18M | 2.6% | +15.8% | 0.3 yr |
| APDAir Products and Chemica | $17M | 2.5% | +0.5% | 0.8 yr |
| TTWOTake-Two Interactive Sof | $17M | 2.4% | -4.7% | 0.3 yr |
| DASHDoorDash, Inc. | $17M | 2.4% | -17.8% | 1.3 yr |
| SJMThe J. M. Smucker Compan | $16M | 2.4% | -15.3% | 0.5 yr |
| MPWRMonolithic Power Systems | $16M | 2.3% | +89.6% | 0.5 yr |
| TTTrane Technologies plc | $16M | 2.3% | +24.8% | 0.8 yr |
| SPOTSpotify Technology S.A. | $16M | 2.3% | -11.8% | 1.3 yr |
| AMATApplied Materials, Inc. | $15M | 2.3% | +137.6% | 0.8 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors15.6%$106M
Chemicals - Specialty7.5%-3.7pp$51M
Internet Content & Information6.8%-0.4pp$46M
Restaurants5.0%-7.4pp$34M
Industrial - Distribution4.9%$34M
Industrial - Machinery4.4%+1.3pp$30M
Software - Infrastructure4.3%-6.7pp$29M
Specialty Retail3.9%-9.3pp$27M
Beverages - Non-Alcoholic3.7%$25M
Household & Personal Products3.4%$23M
Country
US85.9%-3.0pp
TW3.2%
IE2.3%-1.5pp
LU2.3%+0.9pp
GB2.3%
CA1.6%+0.2pp
SG1.6%
NL0.8%
Top 5: 15.0% · Top 10: 27.7% · Top 25: 59.6%
Top buys this quarter · 15
| GWW W.W. Grainger, Inc.new | +$18M |
| MO Altria Group, Inc.new | +$18M |
| TTWO Take-Two Interactive Software,new | +$17M |
| NVDA NVIDIA Corporation | +$16M |
| FERG Ferguson plcnew | +$15M |
| PEP PepsiCo, Inc.new | +$15M |
| SHW The Sherwin-Williams Company | +$15M |
| CHD Church & Dwight Co., Inc.new | +$15M |
| DASH DoorDash, Inc. | +$14M |
| TSM Taiwan Semiconductor Manufactu | +$14M |
Top sells this quarter · 15
| WM Waste Management, Inc.exit | −$14M |
| PM Philip Morris International Inexit | −$14M |
| KO The Coca-Cola Companyexit | −$14M |
| CLX The Clorox Companyexit | −$10M |
| BTI British American Tobacco p.l.cexit | −$10M |
| DOV Dover Corporationexit | −$9M |
| PG The Procter & Gamble Companyexit | −$8M |
| AVY Avery Dennison Corporationexit | −$8M |
| NVT nVent Electric plcexit | −$8M |
| WWD Woodward, Inc.exit | −$8M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $681M | 72 | +28.20% | +17.59% | +10.61% | +0.31B |
| 2025-12-31 | $355M | 65 | +2.61% | +2.66% | -0.06% | +0.07B |
| 2025-09-30 | $277M | 54 | +4.38% | +8.12% | -3.75% | +0.04B |
| 2025-06-30 | $224M | 54 | +16.13% | +10.78% | +5.36% | +0.03B |
| 2025-03-31 | $169M | 44 | — | — | — | — |