Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+10.55%
adds when stocks drop
when a holding falls −10%+
Middle response
+7.11%
steady accumulation
Rally response
-8.10%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AEMAgnico Eagle Mines Limit | $28M | 0.7% | — | 0.5 yr |
| NEMNewmont Corporation | $28M | 0.7% | — | 0.5 yr |
| KGCKinross Gold Corporation | $28M | 0.7% | — | 0.5 yr |
| ZMZoom Communications, Inc | $27M | 0.7% | — | 0.5 yr |
| SPGSimon Property Group, In | $27M | 0.7% | — | 0.5 yr |
| HALOHalozyme Therapeutics, I | $26M | 0.7% | — | 0.5 yr |
| AVYAvery Dennison Corporati | $26M | 0.7% | — | 0.5 yr |
| JNJJohnson & Johnson | $26M | 0.7% | — | 0.5 yr |
| CTVACorteva, Inc. | $26M | 0.7% | — | 0.5 yr |
| INCYIncyte Corporation | $26M | 0.7% | — | 0.5 yr |
| IDAIDACORP, Inc. | $26M | 0.7% | — | 0.5 yr |
| EXCExelon Corporation | $26M | 0.7% | — | 0.5 yr |
| FASTFastenal Company | $26M | 0.7% | — | 0.5 yr |
| EXELExelixis, Inc. | $26M | 0.7% | — | 0.5 yr |
| PEPPepsiCo, Inc. | $26M | 0.6% | — | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Aerospace & Defense6.1%$247M
Insurance - Property & Casualty5.6%$227M
Regulated Electric5.4%$218M
Asset Management3.8%$153M
Semiconductors3.6%$144M
Beverages - Non-Alcoholic3.2%$128M
Industrial - Machinery2.7%$108M
Software - Infrastructure2.6%$106M
Banks - Regional2.6%$103M
REIT - Retail2.6%$103M
Country
US89.9%
IE2.5%
BM2.5%
CA2.1%
Unknown0.6%
SE0.6%
CH0.6%
GB0.6%
Top 5: 3.4% · Top 10: 6.7% · Top 25: 16.4%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| PEP PepsiCo, Inc.new | +$26M |
| ADBE Adobe Inc.new | +$26M |
| ULTA Ulta Beauty, Inc.new | +$26M |
| EIX Edison Internationalnew | +$26M |
| NEE NextEra Energy, Inc.new | +$26M |
| UPS United Parcel Service, Inc.new | +$25M |
| USB U.S. Bancorpnew | +$25M |
| NVDA NVIDIA Corporationnew | +$25M |
| CINF Cincinnati Financial Corporatinew | +$25M |
| NYT The New York Times Companynew | +$25M |
Top sells this quarter · 15
| WDC Western Digital Corporationexit | −$37M |
| VZ Verizon Communications Inc.exit | −$29M |
| JBL Jabil Inc.exit | −$27M |
| KR The Kroger Co.exit | −$27M |
| FFIV F5, Inc.exit | −$26M |
| DRI Darden Restaurants, Inc.exit | −$26M |
| EBAY eBay Inc.exit | −$25M |
| RSG Republic Services, Inc.exit | −$24M |
| NFLX Netflix, Inc.exit | −$23M |
| WRB W. R. Berkley Corporationexit | −$23M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $4.02B | 169 | +0.42% | -4.37% | +4.79% | +0.08B |
| 2025-12-31 | $3.93B | 167 | — | — | — | — |