Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+16.75%
adds when stocks drop
when a holding falls −10%+
Middle response
+5.32%
steady accumulation
Rally response
-10.19%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| PYPLPayPal Holdings, Inc. | $22M | 14.0% | — | 0.8 yr |
| SIROSirona Dental Systems, I | $12M | 7.3% | — | 0.5 yr |
| AAPAdvance Auto Parts, Inc. | $9M | 5.9% | — | 0.8 yr |
| CPSCooper-Standard Holdings | $9M | 5.8% | — | 0.8 yr |
| PZZAPapa John's Internationa | $9M | 5.7% | — | 0.5 yr |
| VFCV.F. Corporation | $9M | 5.5% | — | 0.8 yr |
| BAXBaxter International Inc | $8M | 5.1% | — | 0.8 yr |
| HRLHormel Foods Corporation | $8M | 4.9% | — | 0.8 yr |
| CCICrown Castle Inc. | $8M | 4.7% | — | 0.8 yr |
| SWKStanley Black & Decker, | $7M | 4.6% | — | 0.8 yr |
| DEODiageo plc | $7M | 4.3% | — | 0.8 yr |
| QXOQXO, Inc. | $6M | 3.8% | — | 0.8 yr |
| NOVNOV Inc. | $5M | 3.2% | — | 0.8 yr |
| ETSYEtsy, Inc. | $5M | 3.2% | — | 0.8 yr |
| GXOGXO Logistics, Inc. | $5M | 2.9% | — | 0.8 yr |
Portfolio composition (YoY)
Industry mix
Financial - Credit Services14.0%$22M
Specialty Retail10.8%$17M
Medical - Equipment & Services7.3%$12M
Apparel - Manufacturers6.4%$10M
Auto - Parts5.8%$9M
Restaurants5.7%$9M
Medical - Instruments & Supplies5.1%$8M
Packaged Foods4.9%$8M
REIT - Specialty4.7%$8M
Manufacturing - Tools & Accessories4.6%$7M
Country
US91.8%
GB4.3%
CN3.0%
CA0.9%
Top 5: 38.6% · Top 10: 63.5% · Top 25: 97.5%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| PYPL PayPal Holdings, Inc. | +$15M |
| PZZA Papa John's International, Inc | +$4M |
| AAP Advance Auto Parts, Inc. | +$3M |
| BAX Baxter International Inc. | +$2M |
| HRL Hormel Foods Corporation | +$2M |
| CCI Crown Castle Inc. | +$2M |
| DEO Diageo plc | +$2M |
| BABA Alibaba Group Holding Limited | +$1M |
| ETSY Etsy, Inc. | +$1M |
| GOOS Canada Goose Holdings Inc. | +$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $160M | 31 | -4.27% | -4.37% | +0.10% | +0.02B |
| 2025-12-31 | $145M | 31 | -0.07% | +2.66% | -2.74% | +0.02B |
| 2025-09-30 | $122M | 36 | — | — | — | — |