Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.00%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.00%
baseline attrition
Rally response
—
—
when a holding rises +10%+
Top positions · 7
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VSCOVictoria's Secret & Co. | $478M | 56.8% | — | 0.5 yr |
| ANFAbercrombie & Fitch Co. | $149M | 17.7% | — | 0.5 yr |
| BABAAlibaba Group Holding Li | $91M | 10.9% | — | 0.5 yr |
| SPGSimon Property Group, In | $81M | 9.6% | — | 0.5 yr |
| THOThor Industries, Inc. | $21M | 2.5% | — | 0.5 yr |
| BAThe Boeing Company | $20M | 2.3% | — | 0.5 yr |
| PLBYPlayboy, Inc. | $2M | 0.2% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Apparel - Retail74.5%$627M
Specialty Retail10.9%$91M
REIT - Retail9.6%$81M
Auto - Recreational Vehicles2.5%$21M
Aerospace & Defense2.3%$20M
Leisure0.2%$2M
Country
US89.1%
CN10.9%
Top 5: 97.4% · Top 10: 100.0% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 0
No buys this quarter
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $842M | 7 | -15.86% | -4.37% | -11.49% | -0.00B |
| 2025-12-31 | $1.00B | 9 | — | — | — | — |