Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-5.79%
trims when stocks drop
when a holding falls −10%+
Middle response
-7.03%
baseline attrition
Rally response
-7.01%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| IVViShares Core S&P 500 ETF | $71M | 5.9% | — | 0.5 yr |
| NVDANVIDIA Corporation | $61M | 5.1% | — | 0.5 yr |
| AAPLApple Inc. | $53M | 4.4% | — | 0.5 yr |
| GOOGLAlphabet Inc. | $43M | 3.6% | — | 0.5 yr |
| MSFTMicrosoft Corporation | $37M | 3.1% | — | 0.5 yr |
| AMZNAmazon.com, Inc. | $36M | 3.0% | — | 0.5 yr |
| SPYState Street SPDR S&P 50 | $26M | 2.2% | — | 0.5 yr |
| QQQInvesco QQQ Trust, Serie | $25M | 2.1% | — | 0.5 yr |
| METAMeta Platforms, Inc. | $22M | 1.8% | — | 0.5 yr |
| JPMJPMorgan Chase & Co. | $19M | 1.6% | — | 0.5 yr |
| CATCaterpillar Inc. | $18M | 1.5% | — | 0.5 yr |
| AVGOBroadcom Inc. | $17M | 1.4% | — | 0.5 yr |
| IWFiShares Russell 1000 Gro | $16M | 1.3% | — | 0.5 yr |
| JNJJohnson & Johnson | $15M | 1.3% | — | 0.5 yr |
| AMDAdvanced Micro Devices, | $14M | 1.1% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management30.2%$364M
Semiconductors11.0%$133M
Internet Content & Information6.2%$75M
Consumer Electronics4.4%$53M
Software - Infrastructure4.1%$49M
Drug Manufacturers - General4.0%$48M
Specialty Retail3.2%$38M
Banks - Diversified2.5%$30M
Financial - Capital Markets2.5%$30M
Asset Management - Bonds2.3%$28M
Country
US94.7%
CA1.4%
IE1.4%
TW1.0%
Unknown0.5%
LU0.3%
AU0.2%
CH0.2%
Top 5: 22.0% · Top 10: 32.6% · Top 25: 49.9%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| SPOT Spotify Technology S.A. | +$4M |
| PNC The PNC Financial Services Gro | +$2M |
| ZTS Zoetis Inc. | +$2M |
| PM Philip Morris International In | +$1M |
| SBUX Starbucks Corporation | +$1M |
| UNH UnitedHealth Group Incorporate | +$1M |
| SNEX StoneX Group Inc. | +$1M |
| LULU Lululemon Athletica Inc. | +$1M |
| AMT American Tower Corporation | +$1M |
| EOG EOG Resources, Inc. | +$1M |
Top sells this quarter · 15
| LRCX Lam Research Corporation | −$7M |
| NVDA NVIDIA Corporation | −$6M |
| EXAS Exact Sciences Corporationexit | −$5M |
| MSFT Microsoft Corporation | −$3M |
| AAPL Apple Inc. | −$3M |
| GOOG Alphabet Inc. | −$3M |
| AVGO Broadcom Inc. | −$2M |
| TJX The TJX Companies, Inc. | −$2M |
| AMZN Amazon.com, Inc. | −$2M |
| AMP Ameriprise Financial, Inc. | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.21B | 924 | -2.02% | -4.37% | +2.35% | -0.02B |
| 2025-12-31 | $1.25B | 710 | — | — | — | — |