Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+19.60%
adds when stocks drop
when a holding falls −10%+
Middle response
-11.73%
baseline attrition
Rally response
-6.42%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NATNordic American Tankers | $6M | 5.6% | — | 0.5 yr |
| HLXHelix Energy Solutions G | $5M | 4.9% | — | 0.5 yr |
| HMSTHomeStreet, Inc. | $5M | 4.7% | — | 0.5 yr |
| OPRTOportun Financial Corpor | $5M | 4.2% | — | 0.5 yr |
| HZOMarineMax, Inc. | $5M | 4.2% | — | 0.5 yr |
| AESIAtlas Energy Solutions I | $4M | 4.0% | — | 0.5 yr |
| PGNYProgyny, Inc. | $4M | 3.9% | — | 0.5 yr |
| GDOTGreen Dot Corporation | $4M | 3.9% | — | 0.5 yr |
| INVXInnovex International, I | $4M | 3.8% | — | 0.5 yr |
| PUBMPubMatic, Inc. | $4M | 3.6% | — | 0.5 yr |
| CTKBCytek Biosciences, Inc. | $4M | 3.5% | — | 0.5 yr |
| ARHSArhaus, Inc. | $4M | 3.5% | — | 0.5 yr |
| INBKFirst Internet Bancorp | $4M | 3.2% | — | 0.5 yr |
| KRMDKORU Medical Systems, In | $4M | 3.2% | — | 0.5 yr |
| RNGRRanger Energy Services, | $3M | 3.2% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Oil & Gas Equipment & Services23.4%$25M
Financial - Credit Services8.1%$9M
Banks - Regional7.9%$9M
Marine Shipping5.6%$6M
Unknown5.2%$6M
Specialty Retail4.2%$5M
Medical - Healthcare Information Services3.9%$4M
Software - Application3.6%$4M
Medical - Devices3.5%$4M
Home Improvement3.5%$4M
Country
US76.5%
CA10.0%
BM5.6%
Unknown5.2%
IN2.7%
Top 5: 23.7% · Top 10: 42.9% · Top 25: 87.7%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| CBRL Cracker Barrel Old Country Stonew | +$3M |
| SND Smart Sand, Inc.new | +$3M |
| CTKB Cytek Biosciences, Inc. | +$3M |
| TLYS Tilly's, Inc.new | +$3M |
| NOA North American Construction Grnew | +$2M |
| XOMA XOMA Royalty Corp.new | +$2M |
| PGNY Progyny, Inc. | +$2M |
| INBK First Internet Bancorp | +$2M |
| GOOS Canada Goose Holdings Inc. | +$1M |
| ARHS Arhaus, Inc. | +$4M |
Top sells this quarter · 10
| GLDD Great Lakes Dredge & Dock Corpexit | −$6M |
| TGB Taseko Mines Limitedexit | −$4M |
| GOLD Gold.com, Inc.exit | −$4M |
| SEI Solaris Energy Infrastructure, | −$3M |
| TTI TETRA Technologies, Inc.exit | −$3M |
| URG Ur-Energy Inc.exit | −$2M |
| ORN Orion Group Holdings, Inc. | −$2M |
| UROY Uranium Royalty Corp. | −$2M |
| RRGB Red Robin Gourmet Burgers, Incexit | −$1M |
| HLX Helix Energy Solutions Group, | −$4M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $109M | 31 | +2.38% | -4.37% | +6.75% | +0.00B |
| 2025-12-31 | $106M | 31 | — | — | — | — |