Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+3.92%
adds when stocks drop
when a holding falls −10%+
Middle response
-1.34%
baseline attrition
Rally response
-10.99%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| JUSTGoldman Sachs JUST U.S. | $36M | 19.1% | — | 0.5 yr |
| DMXFiShares ESG Advanced MSC | $18M | 9.4% | — | 0.5 yr |
| TSELTouchstone Sands Capital | $14M | 7.6% | — | 0.5 yr |
| — | $7M | 3.5% | — | 0.5 yr |
| SMTHALPS Funds Smith Core Pl | $6M | 3.0% | — | 0.5 yr |
| SMHVanEck Semiconductor ETF | $5M | 2.7% | — | 0.5 yr |
| RHSInvesco S&P 500 Equal We | $5M | 2.7% | — | 0.3 yr |
| BSCQInvesco BulletShares 202 | $5M | 2.6% | — | 0.5 yr |
| DCMBDoubleline Etf Trust - C | $5M | 2.6% | — | 0.5 yr |
| GDXVanEck Gold Miners ETF | $5M | 2.6% | — | 0.5 yr |
| JPSTJPMorgan Ultra-Short Inc | $4M | 2.2% | — | 0.5 yr |
| ESGDiShares ESG Aware MSCI E | $4M | 2.1% | — | 0.5 yr |
| PINKSimplify Health Care ETF | $4M | 2.0% | — | 0.5 yr |
| OUNZVanEck Merk Gold ETF | $3M | 1.8% | — | 0.3 yr |
| EWZiShares MSCI Brazil ETF | $3M | 1.7% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management76.6%$146M
Asset Management - Bonds5.7%$11M
Unknown4.6%$9M
Asset Management - Income2.2%$4M
Financial - Credit Services1.9%$4M
Semiconductors1.4%$3M
Consumer Electronics0.8%$2M
Internet Content & Information0.7%$1M
Software - Infrastructure0.5%$1M
Medical - Devices0.5%$1M
Country
US95.1%
Unknown4.6%
TW0.2%
IE0.1%
Top 5: 42.6% · Top 10: 55.8% · Top 25: 77.9%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| JPM JPMorgan Chase & Co.new | +$0M |
| NYT The New York Times Companynew | +$0M |
| LLY Eli Lilly and Company | +$0M |
| DXCM DexCom, Inc.new | +$0M |
| GD General Dynamics Corporationnew | +$0M |
| SNOW Snowflake Inc.new | +$0M |
| MRVL Marvell Technology, Inc.new | +$0M |
| GSBD Goldman Sachs BDC, Inc. | +$0M |
| UNH UnitedHealth Group Incorporate | +$0M |
| RWAY Runway Growth Finance Corp. | +$1M |
Top sells this quarter · 15
| TRGP Targa Resources Corp.exit | −$1M |
| TGT Target Corporationexit | −$0M |
| AXON Axon Enterprise, Inc.exit | −$0M |
| NFLX Netflix, Inc. | −$0M |
| NKE NIKE, Inc.exit | −$0M |
| AJG Arthur J. Gallagher & Co.exit | −$0M |
| PWR Quanta Services, Inc. | −$1M |
| NOW ServiceNow, Inc.exit | −$0M |
| AXP American Express Companyexit | −$0M |
| MDT Medtronic plcexit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $190M | 87 | -6.07% | -4.37% | -1.70% | +0.01B |
| 2025-12-31 | $191M | 87 | — | — | — | — |