Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+13.97%
adds when stocks drop
when a holding falls −10%+
Middle response
+2.50%
steady accumulation
Rally response
+1.93%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| BRK-BBerkshire Hathaway Inc. | $7M | 6.4% | — | 1.5 yr |
| JPCNuveen Preferred & Incom | $7M | 5.9% | — | 1.5 yr |
| ARCCAres Capital Corporation | $6M | 5.3% | -10.7% | 1.5 yr |
| DNPDNP Select Income Fund I | $4M | 3.6% | — | 1.5 yr |
| AWFAllianceBernstein Global | $4M | 3.4% | — | 1.5 yr |
| CSQCalamos Strategic Total | $4M | 3.4% | — | 1.5 yr |
| SPYState Street SPDR S&P 50 | $4M | 3.3% | +17.6% | 1.5 yr |
| RFICohen & Steers Total Ret | $4M | 3.2% | — | 1.5 yr |
| VGTVanguard Information Tec | $3M | 2.9% | — | 1.5 yr |
| AAPLApple Inc. | $3M | 2.8% | +14.7% | 1.5 yr |
| FFAFirst Trust Enhanced Equ | $3M | 2.7% | — | 1.5 yr |
| MCIBarings Corporate Invest | $3M | 2.6% | -20.5% | 1.5 yr |
| UTGReaves Utility Income Fu | $3M | 2.5% | — | 1.5 yr |
| PCNPIMCO Corporate & Income | $3M | 2.5% | — | 1.5 yr |
| BTZBlackRock Credit Allocat | $3M | 2.4% | — | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management43.3%+1.7pp$51M
Asset Management - Income36.8%-4.0pp$43M
Insurance - Diversified6.4%-0.3pp$7M
Unknown3.4%+0.3pp$4M
Consumer Electronics2.8%+1.2pp$3M
Specialty Retail1.2%+0.5pp$1M
REIT - Healthcare Facilities1.1%-0.2pp$1M
Asset Management - Global1.0%-0.4pp$1M
Software - Infrastructure0.9%$1M
Regulated Gas0.7%-0.2pp$1M
Country
US96.6%+0.0pp
Unknown3.4%+0.3pp
Top 5: 24.6% · Top 10: 40.2% · Top 25: 73.1%
Top buys this quarter · 15
| MSFT Microsoft Corporation | +$1M |
| ARCC Ares Capital Corporation | +$6M |
| AAPL Apple Inc. | +$0M |
| AMZN Amazon.com, Inc. | +$0M |
| SPY State Street SPDR S&P 500 ETF | +$4M |
| WMT Walmart Inc. | +$0M |
| GOOGL Alphabet Inc. | +$0M |
| — | +$3M |
| BRK-B Berkshire Hathaway Inc. | +$7M |
| BUI BlackRock Utilities, Infrastru | +$0M |
Top sells this quarter · 15
| EQH Equitable Holdings, Inc.exit | −$3M |
| MCI Barings Corporate Investors | −$0M |
| HQH Abrdn Healthcare Investors | −$0M |
| MPV Barings Participation Investor | −$1M |
| IRM Iron Mountain Incorporated | −$0M |
| MO Altria Group, Inc. | −$0M |
| OHI Omega Healthcare Investors, In | −$0M |
| DUK Duke Energy Corporation | −$0M |
| SPH Suburban Propane Partners, L.P | −$1M |
| SEVN Seven Hills Realty Trust | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $117M | 71 | -0.90% | +17.59% | -18.49% | +0.00B |
| 2025-12-31 | $121M | 70 | +7.59% | +17.72% | -10.13% | +0.01B |
| 2025-09-30 | $117M | 67 | +2.48% | +8.12% | -5.64% | -0.00B |
| 2025-06-30 | $116M | 69 | +2.83% | +10.78% | -7.95% | +0.01B |
| 2025-03-31 | $106M | 66 | +3.60% | -4.27% | +7.87% | -0.00B |
| 2024-12-31 | $103M | 66 | — | — | — | — |