Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+38.40%
adds when stocks drop
when a holding falls −10%+
Middle response
-3.50%
baseline attrition
Rally response
+42.86%
adds into rallies
when a holding rises +10%+
Top positions · 22
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| JCIJohnson Controls Interna | $247M | 11.8% | — | 0.5 yr |
| VVisa Inc. | $178M | 8.6% | — | 0.3 yr |
| ASMLASML Holding N.V. | $178M | 8.5% | — | 0.5 yr |
| SCHWThe Charles Schwab Corpo | $153M | 7.3% | — | 0.5 yr |
| USFDUS Foods Holding Corp. | $148M | 7.1% | — | 0.3 yr |
| VMCVulcan Materials Company | $147M | 7.1% | — | 0.3 yr |
| AERAerCap Holdings N.V. | $145M | 7.0% | — | 0.5 yr |
| NVDANVIDIA Corporation | $121M | 5.8% | — | 0.5 yr |
| COFCapital One Financial Co | $112M | 5.4% | — | 0.5 yr |
| METAMeta Platforms, Inc. | $112M | 5.4% | — | 0.3 yr |
| — | $84M | 4.1% | — | 0.5 yr |
| UNPUnion Pacific Corporatio | $79M | 3.8% | — | 0.5 yr |
| AMZNAmazon.com, Inc. | $54M | 2.6% | — | 0.5 yr |
| LINLinde plc | $52M | 2.5% | — | 0.3 yr |
| SGISomnigroup International | $46M | 2.2% | — | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors16.3%$338M
Financial - Credit Services14.0%$290M
Industrial - Machinery11.8%$247M
Financial - Capital Markets7.3%$153M
Food Distribution7.1%$148M
Construction Materials7.1%$147M
Rental & Leasing Services7.0%$145M
Unknown5.8%$122M
Internet Content & Information5.4%$112M
Railroads3.8%$79M
Country
US62.9%
IE18.8%
NL8.5%
Unknown5.8%
GB2.5%
IN1.4%
Top 5: 43.4% · Top 10: 74.0% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| V Visa Inc.new | +$178M |
| USFD US Foods Holding Corp.new | +$148M |
| VMC Vulcan Materials Companynew | +$147M |
| META Meta Platforms, Inc.new | +$112M |
| ASML ASML Holding N.V. | +$82M |
| JCI Johnson Controls International | +$73M |
| LIN Linde plcnew | +$52M |
| SGI Somnigroup International Incnew | +$46M |
| AER AerCap Holdings N.V. | +$46M |
| LPX Louisiana-Pacific Corporationnew | +$45M |
Top sells this quarter · 15
| AMZN Amazon.com, Inc. | −$114M |
| BA The Boeing Companyexit | −$84M |
| MSFT Microsoft Corporationexit | −$81M |
| BAC Bank of America Corporationexit | −$78M |
| SPHR Sphere Entertainment Co.exit | −$38M |
| MSGS Madison Square Garden Sports Cexit | −$32M |
| MRVL Marvell Technology, Inc.exit | −$28M |
| TSM Taiwan Semiconductor Manufactuexit | −$22M |
| AXON Axon Enterprise, Inc.exit | −$21M |
| SE Sea Limitedexit | −$20M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $2.08B | 22 | -3.57% | -4.37% | +0.81% | +0.47B |
| 2025-12-31 | $1.67B | 25 | — | — | — | — |