Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-6.74%
trims when stocks drop
when a holding falls −10%+
Middle response
-6.27%
baseline attrition
Rally response
-14.59%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| XLEState Street Energy Sele | $9M | 7.4% | — | 0.3 yr |
| XLUState Street Utilities S | $6M | 5.1% | — | 0.3 yr |
| QQQMInvesco NASDAQ 100 ETF | $6M | 4.7% | — | 0.5 yr |
| QQQInvesco QQQ Trust, Serie | $6M | 4.4% | — | 0.5 yr |
| ANGLVanEck Fallen Angel High | $5M | 4.2% | — | 0.3 yr |
| GLDSPDR Gold Shares | $5M | 4.0% | — | 0.5 yr |
| SGOViShares 0-3 Month Treasu | $4M | 3.3% | — | 0.5 yr |
| QQQINEOS Nasdaq-100 High Inc | $4M | 3.3% | — | 0.5 yr |
| MUMicron Technology, Inc. | $3M | 2.3% | — | 0.5 yr |
| AMZNAmazon.com, Inc. | $3M | 2.2% | — | 0.5 yr |
| NVDANVIDIA Corporation | $3M | 2.2% | — | 0.5 yr |
| AGXArgan, Inc. | $3M | 2.2% | — | 0.5 yr |
| CLSCelestica Inc. | $2M | 1.7% | — | 0.5 yr |
| APPAppLovin Corporation | $2M | 1.7% | — | 0.5 yr |
| STRLSterling Infrastructure, | $2M | 1.7% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management40.0%$51M
Asset Management - Bonds7.4%$9M
Semiconductors6.3%$8M
Gold5.5%$7M
Internet Content & Information5.0%$6M
Engineering & Construction4.8%$6M
Hardware, Equipment & Parts3.5%$4M
Specialty Retail3.0%$4M
Communication Equipment2.4%$3M
Software - Application2.4%$3M
Country
US89.9%
CA4.3%
RU1.5%
LU1.4%
UY1.3%
KY0.9%
AU0.4%
IL0.3%
Top 5: 25.7% · Top 10: 40.9% · Top 25: 63.3%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| LITE Lumentum Holdings Inc.new | +$1M |
| NEM Newmont Corporationnew | +$1M |
| DY Dycom Industries, Inc.new | +$1M |
| B Barrick Mining Corporationnew | +$1M |
| FN Fabrinetnew | +$1M |
| SNDK Sandisk Corporationnew | +$1M |
| META Meta Platforms, Inc. | +$1M |
| SPY State Street SPDR S&P 500 ETF | +$1M |
| COIN Coinbase Global, Inc.new | +$1M |
| AMZN Amazon.com, Inc. | +$1M |
Top sells this quarter · 15
| WLDN Willdan Group, Inc.exit | −$1M |
| TTMI TTM Technologies, Inc. | −$1M |
| W Wayfair Inc.exit | −$1M |
| HOOD Robinhood Markets, Inc.exit | −$1M |
| UNFI United Natural Foods, Inc. | −$1M |
| CRWD CrowdStrike Holdings, Inc. | −$0M |
| AXON Axon Enterprise, Inc.exit | −$0M |
| FOUR Shift4 Payments, Inc.exit | −$0M |
| GRAB Grab Holdings Limitedexit | −$0M |
| RBRK Rubrik, Inc.exit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $126M | 94 | -4.72% | -4.37% | -0.35% | -0.00B |
| 2025-12-31 | $134M | 104 | — | — | — | — |