Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-5.13%
trims when stocks drop
when a holding falls −10%+
Middle response
-2.86%
baseline attrition
Rally response
-4.26%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| IWBiShares Russell 1000 ETF | $12M | 9.4% | — | 1.5 yr |
| VVisa Inc. | $8M | 6.2% | -13.1% | 1.5 yr |
| VOOGVanguard S&P 500 Growth | $5M | 3.8% | — | 1.5 yr |
| AAPLApple Inc. | $5M | 3.7% | +14.7% | 1.5 yr |
| VEAVanguard FTSE Developed | $4M | 3.3% | — | 1.5 yr |
| CVXChevron Corporation | $4M | 3.0% | +29.2% | 1.5 yr |
| VZVerizon Communications I | $3M | 2.7% | +16.5% | 1.5 yr |
| MSFTMicrosoft Corporation | $3M | 2.6% | -0.6% | 1.5 yr |
| XOMExxon Mobil Corporation | $3M | 2.6% | +47.6% | 1.5 yr |
| JPSTJPMorgan Ultra-Short Inc | $3M | 2.4% | — | 1.5 yr |
| IAUiShares Gold Trust | $3M | 2.2% | — | 0.8 yr |
| JNJJohnson & Johnson | $3M | 2.2% | +51.5% | 1.5 yr |
| AMZNAmazon.com, Inc. | $3M | 2.2% | +9.5% | 1.5 yr |
| VBVanguard Small-Cap ETF | $3M | 2.1% | — | 1.5 yr |
| GOOGAlphabet Inc. | $3M | 2.0% | +84.3% | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management33.0%+2.5pp$41M
Financial - Credit Services6.9%-2.8pp$9M
Oil & Gas Integrated6.4%+1.6pp$8M
Drug Manufacturers - General5.0%-1.2pp$6M
Regulated Electric4.9%+1.5pp$6M
Asset Management - Bonds3.9%+3.0pp$5M
Semiconductors3.8%+1.3pp$5M
Consumer Electronics3.7%-2.0pp$5M
Internet Content & Information3.6%+0.4pp$5M
Telecommunications Services3.1%+0.6pp$4M
Country
US98.2%+1.5pp
GB1.4%-0.5pp
IE0.4%-0.3pp
Top 5: 26.4% · Top 10: 39.8% · Top 25: 64.1%
Top buys this quarter · 15
| AEP American Electric Power Compan | +$1M |
| NEE NextEra Energy, Inc. | +$1M |
| XOM Exxon Mobil Corporation | +$1M |
| AZN AstraZeneca PLCnew | +$0M |
| JPM JPMorgan Chase & Co. | +$0M |
| CEG Constellation Energy Corporati | +$0M |
| COST Costco Wholesale Corporation | +$0M |
| LLY Eli Lilly and Company | +$0M |
| VZ Verizon Communications Inc. | +$0M |
| AMZN Amazon.com, Inc. | +$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $126M | 112 | +16.84% | +17.59% | -0.75% | -0.00B |
| 2025-12-31 | $126M | 114 | +17.36% | +17.72% | -0.35% | +0.01B |
| 2025-09-30 | $108M | 100 | +7.53% | +8.12% | -0.59% | +0.00B |
| 2025-06-30 | $96M | 100 | +4.16% | +10.78% | -6.61% | +0.00B |
| 2025-03-31 | $92M | 104 | +1.56% | -4.27% | +5.83% | -0.02B |
| 2024-12-31 | $106M | 108 | — | — | — | — |