Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+18.44%
adds when stocks drop
when a holding falls −10%+
Middle response
+15.59%
steady accumulation
Rally response
+17.80%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VTIVanguard Total Stock Mar | $31.06B | 63.2% | — | 6.0 yr |
| VTVanguard Total World Sto | $4.26B | 8.7% | — | 6.0 yr |
| SCHDSchwab U.S. Dividend Equ | $2.25B | 4.6% | — | 1.0 yr |
| VXUSVanguard Total Internati | $2.20B | 4.5% | — | 1.0 yr |
| VOOVanguard S&P 500 ETF | $1.06B | 2.2% | — | 1.0 yr |
| NVDANVIDIA Corporation | $700M | 1.4% | +43.7% | 2.0 yr |
| MSFTMicrosoft Corporation | $446M | 0.9% | -13.0% | 1.0 yr |
| VYMVanguard High Dividend Y | $399M | 0.8% | — | 6.0 yr |
| GOOGLAlphabet Inc. | $270M | 0.5% | — | 2.0 yr |
| AVGOBroadcom Inc. | $248M | 0.5% | +81.5% | 2.0 yr |
| GOOGAlphabet Inc. | $224M | 0.5% | +72.6% | 2.0 yr |
| METAMeta Platforms, Inc. | $208M | 0.4% | +0.4% | 1.8 yr |
| TSLATesla, Inc. | $186M | 0.4% | +42.1% | 2.0 yr |
| SCHESchwab Emerging Markets | $149M | 0.3% | — | 6.0 yr |
| IVViShares Core S&P 500 ETF | $139M | 0.3% | — | 6.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management85.4%+0.7pp$41.99B
Semiconductors2.7%+0.4pp$1.33B
Internet Content & Information1.5%+0.2pp$715M
Software - Infrastructure1.3%+1.1pp$628M
Drug Manufacturers - General0.8%+0.1pp$379M
Discount Stores0.4%+0.2pp$215M
Auto - Manufacturers0.4%+0.1pp$203M
Banks - Diversified0.4%+0.0pp$189M
Software - Application0.4%-0.2pp$178M
Financial - Credit Services0.3%-0.1pp$167M
Country
US99.9%+0.0pp
CA0.0%+0.0pp
IE0.0%+0.0pp
TW0.0%
Unknown0.0%-0.0pp
IL0.0%+0.0pp
SG0.0%
CN0.0%
Top 5: 83.0% · Top 10: 87.2% · Top 25: 91.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| NVDA | $206M | +0.09B | 43.7% |
| AVGO | $72M | +0.06B | 81.5% |
| GOOG | $54M | +0.04B | 72.6% |
| TSLA | $52M | +0.02B | 42.1% |
| XOM | $29M | +0.01B | 52.3% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| NVDA NVIDIA Corporation | +$700M |
| MSFT Microsoft Corporation | +$446M |
| WMT Walmart Inc. | +$45M |
| AVGO Broadcom Inc. | +$248M |
| GOOG Alphabet Inc. | +$224M |
| TSLA Tesla, Inc. | +$186M |
| META Meta Platforms, Inc. | +$208M |
| JPM JPMorgan Chase & Co. | +$114M |
| MU Micron Technology, Inc. | +$12M |
| LLY Eli Lilly and Company | +$105M |
Top sells this quarter · 15
| AAPL Apple Inc.exit | −$567M |
| AMZN Amazon.com, Inc.exit | −$309M |
| AMD Advanced Micro Devices, Inc.exit | −$71M |
| AMAT Applied Materials, Inc.exit | −$57M |
| BAC Bank of America Corporationexit | −$44M |
| AMGN Amgen Inc.exit | −$35M |
| ADI Analog Devices, Inc.exit | −$35M |
| RTX RTX Corporationexit | −$34M |
| ABT Abbott Laboratoriesexit | −$23M |
| AXP American Express Companyexit | −$22M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $49.18B | 463 | +15.71% | +1.62% | +14.09% | +20.73B |
| 2025-12-31 | $29.69B | 606 | +27.94% | +12.38% | +15.56% | +2.52B |
| 2025-09-30 | $26.22B | 486 | +26.75% | +14.26% | +12.49% | +0.06B |
| 2025-03-31 | $21.85B | 694 | +13.71% | +16.65% | -2.94% | +5.18B |
| 2024-09-30 | $17.12B | 533 | +5.97% | +5.75% | +0.22% | +0.97B |
| 2024-06-30 | $15.24B | 536 | +2.65% | +4.38% | -1.73% | +1.24B |
| 2024-03-31 | $13.64B | 533 | +7.40% | +10.39% | -3.00% | +1.40B |
| 2023-12-31 | $11.40B | 527 | — | — | — | +1.73B |
| 2023-09-30 | $9.66B | 21 | — | — | — | +0.32B |
| 2023-06-30 | $9.34B | 21 | — | — | — | +1.04B |
| 2023-03-31 | $8.30B | 21 | — | — | — | +0.99B |
| 2022-12-31 | $7.31B | 21 | — | — | — | +1.17B |
| 2022-09-30 | $6.14B | 21 | — | — | — | +0.23B |
| 2022-06-30 | $5.91B | 20 | — | — | — | -0.42B |
| 2022-03-31 | $6.33B | 17 | — | — | — | +0.52B |
| 2021-12-31 | $5.82B | 19 | — | — | — | +1.20B |