Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.57%
trims when stocks drop
when a holding falls −10%+
Middle response
-1.71%
baseline attrition
Rally response
-3.74%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| PRFInvesco RAFI US 1000 ETF | $75M | 10.2% | — | 0.8 yr |
| DFAIDimensional - Internatio | $71M | 9.7% | — | 0.8 yr |
| AGOXAdaptive ETFs - Adaptive | $60M | 8.1% | — | 0.8 yr |
| VOEVanguard Mid-Cap Value E | $56M | 7.7% | — | 0.8 yr |
| IJRiShares Core S&P Small-C | $51M | 6.9% | — | 0.8 yr |
| VTVVanguard Value ETF | $40M | 5.5% | — | 0.8 yr |
| JGROJPMorgan Active Growth E | $38M | 5.2% | — | 0.8 yr |
| SPLVInvesco S&P 500 Low Vola | $28M | 3.8% | — | 0.8 yr |
| FNDXSchwab Fundamental U.S. | $28M | 3.8% | — | 0.8 yr |
| VXUSVanguard Total Internati | $16M | 2.1% | — | 0.8 yr |
| IEFAiShares Core MSCI EAFE E | $15M | 2.0% | — | 0.8 yr |
| IWDiShares Russell 1000 Val | $15M | 2.0% | — | 0.8 yr |
| RSPInvesco S&P 500 Equal We | $14M | 2.0% | — | 0.8 yr |
| VTIVanguard Total Stock Mar | $14M | 1.9% | — | 0.8 yr |
| SPYState Street SPDR S&P 50 | $13M | 1.8% | — | 0.8 yr |
Portfolio composition (YoY)
Industry mix
Asset Management86.3%$632M
Drug Manufacturers - General1.4%$10M
Asset Management - Cryptocurrency1.3%$9M
Consumer Electronics1.2%$9M
REIT - Healthcare Facilities0.8%$6M
Specialty Retail0.7%$5M
Insurance - Brokers0.7%$5M
Software - Infrastructure0.7%$5M
Internet Content & Information0.7%$5M
Communication Equipment0.5%$4M
Country
US99.0%
IE0.8%
GB0.1%
Unknown0.0%
SG0.0%
CN0.0%
Top 5: 42.7% · Top 10: 63.1% · Top 25: 84.1%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| AZN AstraZeneca PLCnew | +$1M |
| AMAT Applied Materials, Inc.new | +$0M |
| HON Honeywell International Inc.new | +$0M |
| LOW Lowe's Companies, Inc.new | +$0M |
| LMT Lockheed Martin Corporationnew | +$0M |
| LRCX Lam Research Corporationnew | +$0M |
| AAPL Apple Inc. | +$9M |
| TSLA Tesla, Inc. | +$0M |
| AMZN Amazon.com, Inc. | +$5M |
| COMP Compass, Inc.new | +$0M |
Top sells this quarter · 15
| HL Hecla Mining Company | −$1M |
| MSFT Microsoft Corporation | −$1M |
| PEP PepsiCo, Inc.exit | −$0M |
| STX Seagate Technology Holdings pl | −$0M |
| LDOS Leidos Holdings, Inc.exit | −$0M |
| NVS Novartis AGexit | −$0M |
| INCY Incyte Corporationexit | −$0M |
| JNJ Johnson & Johnson | −$6M |
| SPGI S&P Global Inc.exit | −$0M |
| INTU Intuit Inc.exit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $732M | 161 | -3.10% | -4.37% | +1.27% | +0.02B |
| 2025-12-31 | $731M | 161 | +1.87% | +2.66% | -0.80% | +0.00B |
| 2025-09-30 | $714M | 163 | — | — | — | — |