Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+16.88%
adds when stocks drop
when a holding falls −10%+
Middle response
+17.17%
steady accumulation
Rally response
+27.99%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| GEGE Aerospace | $8M | 4.7% | — | 0.5 yr |
| BAThe Boeing Company | $7M | 4.4% | — | 0.5 yr |
| LMTLockheed Martin Corporat | $6M | 3.6% | — | 0.5 yr |
| HONHoneywell International | $6M | 3.4% | — | 0.5 yr |
| NOCNorthrop Grumman Corpora | $5M | 3.0% | — | 0.5 yr |
| HWMHowmet Aerospace Inc. | $5M | 2.8% | — | 0.5 yr |
| GDGeneral Dynamics Corpora | $4M | 2.3% | — | 0.5 yr |
| LHXL3Harris Technologies, I | $3M | 2.0% | — | 0.5 yr |
| TDGTransDigm Group Incorpor | $3M | 1.9% | — | 0.5 yr |
| NVDANVIDIA Corporation | $3M | 1.8% | — | 0.5 yr |
| CCJCameco Corporation | $3M | 1.6% | — | 0.5 yr |
| PDYNPalladyne AI Corp. | $2M | 1.5% | — | 0.5 yr |
| CEGConstellation Energy Cor | $2M | 1.3% | — | 0.5 yr |
| — | $2M | 1.3% | — | 0.3 yr |
| TERTeradyne, Inc. | $2M | 1.3% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Aerospace & Defense30.9%$50M
Gold8.8%$14M
Banks - Diversified7.4%$12M
Semiconductors6.8%$11M
Unknown5.1%$8M
Uranium4.6%$8M
Software - Infrastructure4.3%$7M
Conglomerates3.4%$6M
Information Technology Services3.2%$5M
Regulated Electric3.0%$5M
Country
US71.6%
CA15.5%
Unknown5.1%
JP1.8%
CN1.5%
ZA0.8%
TW0.7%
CH0.6%
Top 5: 19.1% · Top 10: 30.0% · Top 25: 46.4%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| BA The Boeing Company | +$3M |
| GE GE Aerospace | +$3M |
| LMT Lockheed Martin Corporation | +$3M |
| PDYN Palladyne AI Corp. | +$2M |
| NOC Northrop Grumman Corporation | +$2M |
| HWM Howmet Aerospace Inc. | +$2M |
| BZAI Blaize Holdings, Inc.new | +$2M |
| GD General Dynamics Corporation | +$2M |
| HON Honeywell International Inc. | +$1M |
| MDA MDA Space Ltdnew | +$1M |
Top sells this quarter · 15
| RTX RTX Corporationexit | −$6M |
| AAPL Apple Inc.exit | −$2M |
| INTC Intel Corporationexit | −$2M |
| LSCC Lattice Semiconductor Corporatexit | −$1M |
| MSFT Microsoft Corporationexit | −$1M |
| ZETA Zeta Global Holdings Corp.exit | −$1M |
| CEVA CEVA, Inc.exit | −$1M |
| BCS Barclays PLCexit | −$1M |
| VERI Veritone, Inc. | −$1M |
| IAG IAMGOLD Corporation | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $162M | 151 | -2.62% | -4.37% | +1.75% | +0.04B |
| 2025-12-31 | $126M | 136 | — | — | — | — |