Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-6.96%
trims when stocks drop
when a holding falls −10%+
Middle response
-9.65%
baseline attrition
Rally response
-12.43%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| QDPLPacer Metaurus US Large | $5M | 4.9% | — | 0.5 yr |
| FVDFirst Trust Value Line D | $4M | 3.5% | — | 0.5 yr |
| FTCSFirst Trust Capital Stre | $3M | 3.0% | — | 0.5 yr |
| TPLTexas Pacific Land Corpo | $3M | 2.8% | — | 0.5 yr |
| PULSPGIM Ultra Short Bond ET | $3M | 2.7% | — | 0.5 yr |
| RDVYFirst Trust Rising Divid | $3M | 2.6% | — | 0.5 yr |
| AGGiShares Core U.S. Aggreg | $3M | 2.5% | — | 0.5 yr |
| IEFAiShares Core MSCI EAFE E | $3M | 2.5% | — | 0.5 yr |
| VONVVanguard Russell 1000 Va | $2M | 2.1% | — | 0.5 yr |
| FTCFirst Trust Large Cap Gr | $2M | 2.0% | — | 0.5 yr |
| GOVTiShares U.S. Treasury Bo | $2M | 2.0% | — | 0.5 yr |
| NVDANVIDIA Corporation | $2M | 1.9% | — | 0.5 yr |
| FDLFirst Trust Morningstar | $2M | 1.8% | — | 0.5 yr |
| MBBiShares MBS ETF | $2M | 1.8% | — | 0.5 yr |
| IUSGiShares Core S&P U.S. Gr | $2M | 1.8% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management59.1%$65M
Internet Content & Information3.5%$4M
Oil & Gas Exploration & Production3.3%$4M
Software - Infrastructure2.9%$3M
Semiconductors2.8%$3M
Oil & Gas Integrated2.1%$2M
Regulated Electric2.0%$2M
Asset Management - Bonds1.8%$2M
Oil & Gas Midstream1.7%$2M
Drug Manufacturers - General1.6%$2M
Country
US96.2%
GB1.1%
CA1.0%
FR0.7%
CN0.4%
LU0.4%
Unknown0.2%
Top 5: 16.8% · Top 10: 28.5% · Top 25: 51.6%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| TPL Texas Pacific Land Corporation | +$2M |
| TOTB.DE TotalEnergies SEnew | +$0M |
| OKTA Okta, Inc.new | +$0M |
| FE FirstEnergy Corp.new | +$0M |
| CME CME Group Inc.new | +$0M |
| PAYX Paychex, Inc.new | +$0M |
| FCX Freeport-McMoRan Inc.new | +$0M |
| AMT American Tower Corporationnew | +$0M |
| BA The Boeing Company | +$0M |
| DUK Duke Energy Corporationnew | +$0M |
Top sells this quarter · 15
| XOM Exxon Mobil Corporation | −$2M |
| CZNC Citizens & Northern Corporatioexit | −$2M |
| HSY The Hershey Companyexit | −$1M |
| AAPL Apple Inc. | −$1M |
| NEM Newmont Corporation | −$0M |
| TTE TotalEnergies SEexit | −$0M |
| NVDA NVIDIA Corporation | −$0M |
| META Meta Platforms, Inc. | −$0M |
| BP BP p.l.c.exit | −$0M |
| JNJ Johnson & Johnson | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $109M | 142 | +4.95% | -4.37% | +9.32% | -0.01B |
| 2025-09-30 | $111M | 144 | — | — | — | — |