Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
—
—
when a holding falls −10%+
Middle response
-9.29%
baseline attrition
Rally response
-10.76%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| ESEESCO Technologies Inc. | $24M | 7.9% | — | 0.3 yr |
| STSensata Technologies Hol | $21M | 6.9% | — | 0.3 yr |
| NPOEnPro Industries, Inc. | $20M | 6.6% | — | 0.5 yr |
| CRCrane Company | $19M | 6.5% | — | 0.5 yr |
| FSSFederal Signal Corporati | $19M | 6.5% | — | 0.3 yr |
| GFFGriffon Corporation | $18M | 6.1% | — | 0.5 yr |
| TKRThe Timken Company | $16M | 5.4% | — | 0.3 yr |
| GBXThe Greenbrier Companies | $15M | 5.1% | — | 0.5 yr |
| BCPCBalchem Corporation | $15M | 5.0% | — | 0.5 yr |
| IEXIDEX Corporation | $15M | 4.9% | — | 0.5 yr |
| TPCTutor Perini Corporation | $13M | 4.2% | — | 0.3 yr |
| ATROAstronics Corporation | $12M | 3.9% | — | 0.5 yr |
| ECVTEcovyst Inc. | $10M | 3.5% | — | 0.3 yr |
| CLBTCellebrite DI Ltd. | $10M | 3.5% | — | 0.3 yr |
| SPXCSPX Technologies, Inc. | $8M | 2.7% | — | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Industrial - Machinery20.8%$62M
Hardware, Equipment & Parts17.8%$53M
Chemicals - Specialty8.5%$25M
Manufacturing - Tools & Accessories7.9%$23M
Conglomerates7.4%$22M
Industrial - Pollution & Treatment Controls6.5%$19M
Engineering & Construction5.4%$16M
Railroads5.1%$15M
Aerospace & Defense3.9%$12M
Software - Infrastructure3.5%$10M
Country
US93.5%
IL3.5%
CA2.0%
Unknown1.0%
Top 5: 34.4% · Top 10: 60.9% · Top 25: 96.6%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| ESE ESCO Technologies Inc.new | +$24M |
| ST Sensata Technologies Holding pnew | +$21M |
| FSS Federal Signal Corporationnew | +$19M |
| TKR The Timken Companynew | +$16M |
| TPC Tutor Perini Corporationnew | +$13M |
| ECVT Ecovyst Inc.new | +$10M |
| CLBT Cellebrite DI Ltd.new | +$10M |
| SPXC SPX Technologies, Inc.new | +$8M |
| GBX The Greenbrier Companies, Inc. | +$8M |
| ASTE Astec Industries, Inc.new | +$7M |
Top sells this quarter · 15
| SOLS Solstice Advanced Materials Inexit | −$21M |
| FTV Fortive Corporationexit | −$21M |
| CWST Casella Waste Systems, Inc.exit | −$14M |
| CNM Core & Main, Inc.exit | −$13M |
| ATRO Astronics Corporation | −$12M |
| VMI Valmont Industries, Inc. | −$11M |
| MSM MSC Industrial Direct Co., Incexit | −$11M |
| FUL H.B. Fuller Companyexit | −$10M |
| ESAB ESAB Corporationexit | −$6M |
| UNF UniFirst Corporationexit | −$5M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $298M | 30 | +6.38% | -4.37% | +10.75% | +0.01B |
| 2025-12-31 | $272M | 30 | — | — | — | — |