Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-21.82%
trims when stocks drop
when a holding falls −10%+
Middle response
-12.32%
baseline attrition
Rally response
+0.00%
adds into rallies
when a holding rises +10%+
Top positions · 26
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| UNITUniti Group Inc. | $7M | 12.1% | — | 0.5 yr |
| — | $7M | 10.9% | — | 0.5 yr |
| SATSEchoStar Corporation | $6M | 9.6% | — | 0.5 yr |
| TDSTelephone and Data Syste | $5M | 8.0% | — | 0.5 yr |
| NFLXNetflix, Inc. | $4M | 6.4% | — | 0.3 yr |
| BXBlackstone Inc. | $4M | 5.8% | — | 0.5 yr |
| MAMastercard Incorporated | $3M | 4.4% | — | 0.5 yr |
| METAMeta Platforms, Inc. | $2M | 3.9% | — | 0.5 yr |
| HLTHilton Worldwide Holding | $2M | 3.6% | — | 0.5 yr |
| DYDycom Industries, Inc. | $2M | 3.6% | — | 0.3 yr |
| LUMNLumen Technologies, Inc. | $2M | 3.5% | — | 0.5 yr |
| HDThe Home Depot, Inc. | $2M | 3.5% | — | 0.5 yr |
| SPOTSpotify Technology S.A. | $2M | 3.3% | — | 0.5 yr |
| LOWLowe's Companies, Inc. | $2M | 2.5% | — | 0.3 yr |
| DASHDoorDash, Inc. | $1M | 2.4% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Telecommunications Services25.6%$15M
Unknown12.6%$8M
Communication Equipment9.6%$6M
Internet Content & Information9.5%$6M
Entertainment6.4%$4M
Home Improvement6.0%$4M
Asset Management5.8%$4M
Software - Application5.2%$3M
Software - Infrastructure4.7%$3M
Financial - Credit Services4.4%$3M
Country
US84.1%
Unknown12.6%
LU3.3%
Top 5: 47.1% · Top 10: 68.5% · Top 25: 99.6%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 12
| NFLX Netflix, Inc.new | +$4M |
| DY Dycom Industries, Inc.new | +$2M |
| LOW Lowe's Companies, Inc.new | +$2M |
| LUMN Lumen Technologies, Inc. | +$1M |
| T AT&T Inc.new | +$1M |
| CORZ Core Scientific, Inc.new | +$1M |
| SNOW Snowflake Inc.new | +$1M |
| HOOD Robinhood Markets, Inc.new | +$1M |
| SATS EchoStar Corporation | +$0M |
| ZS Zscaler, Inc. | +$1M |
Top sells this quarter · 15
| MSFT Microsoft Corporationexit | −$6M |
| CCO Clear Channel Outdoor Holdingsexit | −$4M |
| IBM International Business Machineexit | −$3M |
| MA Mastercard Incorporated | −$2M |
| NXST Nexstar Media Group, Inc.exit | −$2M |
| HLT Hilton Worldwide Holdings Inc. | −$1M |
| NTNX Nutanix, Inc.exit | −$1M |
| BX Blackstone Inc. | −$1M |
| HD The Home Depot, Inc. | −$1M |
| DASH DoorDash, Inc. | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $60M | 26 | -6.95% | -4.37% | -2.58% | -0.01B |
| 2025-12-31 | $79M | 24 | — | — | — | — |