Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-6.90%
trims when stocks drop
when a holding falls −10%+
Middle response
-6.32%
baseline attrition
Rally response
-7.89%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VTIVanguard Total Stock Mar | $50M | 6.4% | — | 1.3 yr |
| NVDANVIDIA Corporation | $39M | 5.1% | +60.9% | 1.3 yr |
| VUGVanguard Growth ETF | $31M | 4.0% | — | 1.3 yr |
| AAPLApple Inc. | $27M | 3.5% | +14.7% | 1.3 yr |
| AVGOBroadcom Inc. | $17M | 2.2% | +86.0% | 1.3 yr |
| AMZNAmazon.com, Inc. | $15M | 1.9% | +9.5% | 1.3 yr |
| GOOGLAlphabet Inc. | $12M | 1.6% | — | 1.3 yr |
| MSFTMicrosoft Corporation | $12M | 1.5% | -0.6% | 1.3 yr |
| GLDSPDR Gold Shares | $9M | 1.2% | — | 1.3 yr |
| OVBOverlay Shares Core Bond | $8M | 1.1% | — | 0.3 yr |
| NEARiShares Short Duration B | $8M | 1.1% | — | 1.3 yr |
| DRKYVistaShares Target 15 DR | $8M | 1.0% | — | 0.3 yr |
| HFEQUnlimited HFEQ Equity Lo | $7M | 0.9% | — | 0.8 yr |
| KSPYKraneShares Hedgeye Hedg | $7M | 0.9% | — | 0.8 yr |
| HFGMUnlimited HFGM Global Ma | $7M | 0.9% | — | 1.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management53.9%+8.1pp$416M
Semiconductors9.3%+1.1pp$71M
Asset Management - Bonds6.4%-4.1pp$50M
Consumer Electronics3.5%-0.7pp$27M
Internet Content & Information3.3%-0.3pp$25M
Asset Management - Income2.5%+1.6pp$20M
Asset Management - Global2.2%+1.3pp$17M
Software - Infrastructure2.1%-1.2pp$16M
Specialty Retail2.0%-0.8pp$16M
Oil & Gas Exploration & Production1.1%+0.7pp$9M
Country
US97.8%-0.3pp
Unknown0.9%+0.6pp
CA0.4%+0.0pp
TW0.2%+0.0pp
IE0.2%-0.0pp
NL0.2%+0.1pp
SG0.1%+0.0pp
LU0.0%-0.0pp
Top 5: 21.2% · Top 10: 28.5% · Top 25: 41.5%
Top buys this quarter · 15
| AMAT Applied Materials, Inc. | +$2M |
| MU Micron Technology, Inc. | +$2M |
| CPRX Catalyst Pharmaceuticals, Inc.new | +$1M |
| APH Amphenol Corporation | +$1M |
| DLB Dolby Laboratories, Inc.new | +$1M |
| WDC Western Digital Corporationnew | +$1M |
| MLI Mueller Industries, Inc.new | +$1M |
| SNDK Sandisk Corporationnew | +$1M |
| STX Seagate Technology Holdings plnew | +$1M |
| GS The Goldman Sachs Group, Inc. | +$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $771M | 486 | +28.19% | +17.59% | +10.60% | -0.02B |
| 2025-12-31 | $826M | 491 | +2.33% | +2.66% | -0.33% | +0.04B |
| 2025-09-30 | $772M | 472 | +11.22% | +8.12% | +3.09% | +0.09B |
| 2025-06-30 | $617M | 443 | +16.92% | +10.78% | +6.15% | -0.06B |
| 2025-03-31 | $580M | 419 | — | — | — | — |