Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.14%
trims when stocks drop
when a holding falls −10%+
Middle response
-8.98%
baseline attrition
Rally response
-14.18%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $2.47B | 7.7% | — | 0.5 yr |
| AAPLApple Inc. | $1.63B | 5.1% | — | 0.5 yr |
| MSFTMicrosoft Corporation | $1.55B | 4.8% | — | 0.5 yr |
| AMZNAmazon.com, Inc. | $1.02B | 3.2% | — | 0.5 yr |
| GOOGAlphabet Inc. | $917M | 2.9% | — | 0.5 yr |
| AVGOBroadcom Inc. | $827M | 2.6% | — | 0.5 yr |
| GOOGLAlphabet Inc. | $703M | 2.2% | — | 0.5 yr |
| METAMeta Platforms, Inc. | $614M | 1.9% | — | 0.5 yr |
| TSLATesla, Inc. | $559M | 1.7% | — | 0.5 yr |
| JNJJohnson & Johnson | $456M | 1.4% | — | 0.5 yr |
| LLYEli Lilly and Company | $403M | 1.3% | — | 0.5 yr |
| VVisa Inc. | $355M | 1.1% | — | 0.3 yr |
| BACBank of America Corporat | $348M | 1.1% | — | 0.5 yr |
| MRKMerck & Co., Inc. | $339M | 1.1% | — | 0.5 yr |
| ABBVAbbVie Inc. | $325M | 1.0% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors16.5%$5.27B
Internet Content & Information7.6%$2.42B
Software - Infrastructure7.2%$2.29B
Drug Manufacturers - General5.8%$1.87B
Consumer Electronics5.1%$1.63B
Specialty Retail3.7%$1.19B
Banks - Diversified3.3%$1.06B
Industrial - Machinery2.7%$873M
Auto - Manufacturers2.1%$669M
Regulated Electric1.9%$621M
Country
US94.3%
IE1.8%
GB0.8%
NL0.6%
Unknown0.5%
LU0.4%
CA0.3%
IT0.3%
Top 5: 23.7% · Top 10: 33.6% · Top 25: 47.3%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| V Visa Inc.new | +$356M |
| WMT Walmart Inc.new | +$277M |
| NXPI NXP Semiconductors N.V.new | +$196M |
| FITB Fifth Third Bancorp | +$184M |
| JCI Johnson Controls Internationalnew | +$176M |
| CME CME Group Inc. | +$159M |
| LIN Linde plcnew | +$147M |
| SPOT Spotify Technology S.A.new | +$126M |
| RSG Republic Services, Inc. | +$120M |
| COHR Coherent, Inc. | +$88M |
Top sells this quarter · 15
| AAPL Apple Inc. | −$217M |
| BK The Bank of New York Mellon Co | −$182M |
| VZ Verizon Communications Inc. | −$179M |
| FCX Freeport-McMoRan Inc. | −$116M |
| AMZN Amazon.com, Inc. | −$100M |
| KEY KeyCorp | −$96M |
| ICE Intercontinental Exchange, Inc | −$91M |
| NKE NIKE, Inc. | −$81M |
| LLY Eli Lilly and Company | −$81M |
| ROST Ross Stores, Inc. | −$80M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $32.01B | 1191 | -4.37% | -4.37% | -0.00% | +1.29B |
| 2025-12-31 | $32.13B | 1089 | — | — | — | — |