Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.29%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.00%
baseline attrition
Rally response
+0.00%
adds into rallies
when a holding rises +10%+
Top positions · 25
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| BOXXAlpha Architect 1-3 Mont | $25M | 18.0% | — | 0.5 yr |
| XFORX4 Pharmaceuticals, Inc. | $15M | 10.9% | — | 0.5 yr |
| — | $11M | 7.9% | — | 0.5 yr |
| MANEVeradermics, Incorporate | $9M | 6.5% | — | 0.3 yr |
| RLAYRelay Therapeutics, Inc. | $9M | 6.3% | — | 0.5 yr |
| SIONSionna Therapeutics, Inc | $8M | 5.6% | — | 0.5 yr |
| ACRSAclaris Therapeutics, In | $7M | 4.9% | — | 0.3 yr |
| — | $6M | 4.5% | — | 0.5 yr |
| ORKAOruka Therapeutics, Inc. | $6M | 4.1% | — | 0.5 yr |
| PHVSPharvaris N.V. | $6M | 4.0% | — | 0.5 yr |
| QUREuniQure N.V. | $5M | 3.4% | — | 0.3 yr |
| SEPNSepterna, Inc. | $5M | 3.3% | — | 0.5 yr |
| CMPSCOMPASS Pathways plc | $5M | 3.2% | — | 0.5 yr |
| LONALeonaBio, Inc. | $4M | 2.9% | — | 0.5 yr |
| DMRAGalecto, Inc. | $4M | 2.5% | — | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Biotechnology65.0%$92M
Asset Management18.0%$25M
Unknown13.5%$19M
Medical - Care Facilities3.2%$5M
Chemicals - Specialty0.3%$0M
Country
US73.3%
Unknown13.5%
NL7.3%
GB3.2%
CH2.3%
CA0.3%
Top 5: 49.6% · Top 10: 72.7% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $141M | 25 | -11.21% | -4.37% | -6.84% | +0.05B |
| 2025-12-31 | $101M | 19 | — | — | — | — |