Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-28.63%
trims when stocks drop
when a holding falls −10%+
Middle response
—
—
Rally response
+0.40%
adds into rallies
when a holding rises +10%+
Top positions · 18
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| TSMTaiwan Semiconductor Man | $21M | 12.1% | — | 0.5 yr |
| EWZiShares MSCI Brazil ETF | $20M | 12.0% | — | 0.3 yr |
| TSLATesla, Inc. | $20M | 11.8% | — | 0.5 yr |
| EEMiShares MSCI Emerging Ma | $20M | 11.8% | — | 0.3 yr |
| XOPState Street SPDR S&P Oi | $11M | 6.5% | — | 0.5 yr |
| GDXVanEck Gold Miners ETF | $11M | 6.5% | — | 0.5 yr |
| CCJCameco Corporation | $10M | 6.2% | — | 0.5 yr |
| TANInvesco Solar ETF | $10M | 5.8% | — | 0.3 yr |
| EWYiShares MSCI South Korea | $10M | 5.7% | — | 0.3 yr |
| OIHVanEck Oil Services ETF | $9M | 5.1% | — | 0.3 yr |
| LLYEli Lilly and Company | $5M | 3.0% | — | 0.5 yr |
| BWXTBWX Technologies, Inc. | $5M | 2.9% | — | 0.5 yr |
| BEBloom Energy Corporation | $5M | 2.9% | — | 0.3 yr |
| XLEState Street Energy Sele | $5M | 2.6% | — | 0.3 yr |
| UUUUEnergy Fuels Inc. | $3M | 1.9% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management56.0%$95M
Semiconductors12.1%$21M
Auto - Manufacturers11.8%$20M
Uranium9.6%$16M
Drug Manufacturers - General3.0%$5M
Aerospace & Defense2.9%$5M
Electrical Equipment & Parts2.9%$5M
Shell Companies1.2%$2M
Asset Management - Global0.5%$1M
Country
US80.2%
TW12.1%
CA7.7%
Top 5: 54.1% · Top 10: 83.4% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 13
| TSM Taiwan Semiconductor Manufactu | +$9M |
| BE Bloom Energy Corporationnew | +$5M |
| NXE NexGen Energy Ltd.new | +$3M |
| CEPT Cantor Equity Partners II, Incnew | +$2M |
| UUUU Energy Fuels Inc. | +$2M |
| ALTI AlTi Global, Inc.new | +$1M |
| BWXT BWX Technologies, Inc. | +$1M |
| TAN Invesco Solar ETFnew | +$0M |
| EWZ iShares MSCI Brazil ETFnew | +$0M |
| EWY iShares MSCI South Korea ETFnew | +$0M |
Top sells this quarter · 15
| AMZN Amazon.com, Inc.exit | −$47M |
| NVDA NVIDIA Corporationexit | −$29M |
| LLY Eli Lilly and Company | −$9M |
| BLK BlackRock, Inc.exit | −$9M |
| WFC Wells Fargo & Companyexit | −$8M |
| CCJ Cameco Corporation | −$7M |
| MU Micron Technology, Inc.exit | −$6M |
| HDB HDFC Bank Limitedexit | −$6M |
| JPM JPMorgan Chase & Co.exit | −$6M |
| C Citigroup Inc.exit | −$5M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $170M | 18 | -3.83% | -4.37% | +0.54% | -0.15B |
| 2025-12-31 | $331M | 27 | — | — | — | — |