Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+33.49%
adds when stocks drop
when a holding falls −10%+
Middle response
-1.88%
baseline attrition
Rally response
-12.13%
trims into rallies
when a holding rises +10%+
Top positions · 17
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| ABNBAirbnb, Inc. | $24M | 14.9% | — | 1.0 yr |
| BKNGBooking Holdings Inc. | $18M | 10.8% | — | 1.0 yr |
| SAPSAP SE | $13M | 8.1% | — | 0.3 yr |
| APOApollo Global Management | $13M | 8.0% | — | 1.0 yr |
| NUNu Holdings Ltd. | $13M | 7.7% | — | 1.0 yr |
| DLODLocal Limited | $10M | 6.4% | — | 1.0 yr |
| MSFTMicrosoft Corporation | $10M | 6.3% | — | 1.0 yr |
| CPNGCoupang, Inc. | $9M | 5.7% | — | 1.0 yr |
| METAMeta Platforms, Inc. | $8M | 4.8% | — | 1.0 yr |
| NVDANVIDIA Corporation | $7M | 4.0% | — | 0.3 yr |
| TSMTaiwan Semiconductor Man | $6M | 3.9% | — | 1.0 yr |
| VVisa Inc. | $6M | 3.8% | — | 1.0 yr |
| MAMastercard Incorporated | $6M | 3.8% | — | 1.0 yr |
| — | $6M | 3.7% | — | 0.5 yr |
| ADBEAdobe Inc. | $6M | 3.5% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Travel Services25.7%$42M
Software - Infrastructure12.7%$21M
Software - Application11.7%$19M
Specialty Retail8.4%$14M
Asset Management8.0%$13M
Semiconductors7.9%$13M
Banks - Diversified7.7%$13M
Financial - Credit Services7.6%$12M
Internet Content & Information6.7%$11M
Unknown3.7%$6M
Country
US64.4%
DE8.1%
BR7.7%
UY6.4%
KR5.7%
TW3.9%
Unknown3.7%
Top 5: 49.6% · Top 10: 76.8% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $163M | 17 | -18.53% | -4.37% | -14.16% | +0.03B |
| 2025-12-31 | $168M | 15 | +1.00% | +2.66% | -1.66% | +0.04B |
| 2025-09-30 | $130M | 17 | +6.08% | +8.12% | -2.04% | +0.01B |
| 2025-06-30 | $115M | 18 | — | — | — | — |