Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-34.85%
trims when stocks drop
when a holding falls −10%+
Middle response
-8.43%
baseline attrition
Rally response
-41.49%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $121M | 19.5% | — | 0.5 yr |
| DFAUDimensional - US Core Eq | $42M | 6.8% | — | 0.5 yr |
| NVDANVIDIA Corporation | $27M | 4.4% | — | 0.5 yr |
| VOOVanguard S&P 500 ETF | $18M | 2.9% | — | 0.5 yr |
| DUHPDimensional - US High Pr | $12M | 2.0% | — | 0.5 yr |
| SPYState Street SPDR S&P 50 | $10M | 1.7% | — | 0.5 yr |
| DFAIDimensional - Internatio | $8M | 1.3% | — | 0.5 yr |
| MSFTMicrosoft Corporation | $8M | 1.2% | — | 0.5 yr |
| DFCFDimensional - Core Fixed | $8M | 1.2% | — | 0.5 yr |
| SPMOInvesco S&P 500 Momentum | $7M | 1.2% | — | 0.5 yr |
| SCHGSchwab U.S. Large-Cap Gr | $7M | 1.1% | — | 0.5 yr |
| QQQInvesco QQQ Trust, Serie | $7M | 1.1% | — | 0.5 yr |
| AMZNAmazon.com, Inc. | $7M | 1.1% | — | 0.5 yr |
| DIHPDimensional - Internatio | $7M | 1.1% | — | 0.5 yr |
| DCORDimensional - US Core Eq | $7M | 1.1% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management52.0%$321M
Consumer Electronics19.5%$121M
Semiconductors5.4%$34M
Asset Management - Income2.9%$18M
Software - Infrastructure1.6%$10M
Internet Content & Information1.4%$9M
Specialty Retail1.3%$8M
Unknown1.3%$8M
Discount Stores1.1%$7M
Construction Materials0.9%$5M
Country
US98.0%
Unknown1.3%
GB0.2%
CA0.1%
IE0.1%
TW0.1%
BM0.0%
DK0.0%
Top 5: 35.6% · Top 10: 42.2% · Top 25: 54.1%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| NVDA NVIDIA Corporation | +$10M |
| VLO Valero Energy Corporation | +$1M |
| BAC Bank of America Corporation | +$1M |
| SPY State Street SPDR S&P 500 ETF | +$1M |
| JNJ Johnson & Johnson | +$0M |
| META Meta Platforms, Inc. | +$3M |
| EQIX Equinix, Inc. | +$0M |
| HWM Howmet Aerospace Inc. | +$0M |
| TSM Taiwan Semiconductor Manufactu | +$0M |
| ALL The Allstate Corporation | +$0M |
Top sells this quarter · 15
| MGPI MGP Ingredients, Inc.exit | −$40M |
| AAPL Apple Inc. | −$5M |
| LRCX Lam Research Corporation | −$3M |
| EXEL Exelixis, Inc. | −$2M |
| LNTH Lantheus Holdings, Inc. | −$2M |
| ASML ASML Holding N.V. | −$2M |
| COHR Coherent, Inc. | −$2M |
| MTZ MasTec, Inc. | −$2M |
| PCRX Pacira BioSciences, Inc. | −$2M |
| KMB Kimberly-Clark Corporation | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $618M | 2556 | -4.85% | -4.37% | -0.48% | -0.08B |
| 2025-12-31 | $736M | 2220 | — | — | — | — |