Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-30.31%
trims when stocks drop
when a holding falls −10%+
Middle response
-32.87%
baseline attrition
Rally response
-37.11%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| SPHQInvesco S&P 500 Quality | $57M | 9.9% | — | 0.3 yr |
| ITOTiShares Core S&P Total U | $56M | 9.9% | — | 0.3 yr |
| DYNFiShares U.S. Equity Fact | $47M | 8.2% | — | 0.3 yr |
| AVLVAvantis U.S. Large Cap V | $33M | 5.8% | — | 0.3 yr |
| XLGInvesco S&P 500 Top 50 E | $25M | 4.4% | — | 0.3 yr |
| VUGVanguard Growth ETF | $24M | 4.3% | — | 0.3 yr |
| IEFiShares 7-10 Year Treasu | $24M | 4.2% | — | 0.3 yr |
| HEFAiShares Currency Hedged | $18M | 3.2% | — | 0.3 yr |
| AVGOBroadcom Inc. | $15M | 2.6% | — | 0.5 yr |
| AAPLApple Inc. | $14M | 2.4% | — | 0.5 yr |
| SPYState Street SPDR S&P 50 | $13M | 2.3% | — | 0.3 yr |
| JPMJPMorgan Chase & Co. | $13M | 2.2% | — | 0.5 yr |
| WMTWalmart Inc. | $11M | 2.0% | — | 0.5 yr |
| MSFTMicrosoft Corporation | $11M | 2.0% | — | 0.5 yr |
| ETNEaton Corporation plc | $9M | 1.6% | — | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management54.0%$308M
Asset Management - Bonds5.1%$29M
Semiconductors4.4%$25M
Industrial - Machinery3.0%$17M
Banks - Diversified2.6%$15M
Consumer Electronics2.4%$14M
Drug Manufacturers - General2.3%$13M
Software - Infrastructure2.3%$13M
Discount Stores2.1%$12M
Communication Equipment1.6%$9M
Country
US95.3%
IE3.5%
CH1.0%
NL0.2%
Unknown0.1%
Top 5: 38.2% · Top 10: 54.7% · Top 25: 76.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| SPY State Street SPDR S&P 500 ETF new | +$13M |
| ETN Eaton Corporation plcnew | +$9M |
| CB Chubb Limitednew | +$5M |
| JCI Johnson Controls Internationalnew | +$5M |
| O Realty Income Corporationnew | +$4M |
| TT Trane Technologies plcnew | +$3M |
| MDT Medtronic plcnew | +$2M |
| NXPI NXP Semiconductors N.V.new | +$1M |
| ZTS Zoetis Inc.new | +$1M |
| STE STERIS plcnew | +$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $570M | 150 | +0.81% | -4.37% | +5.18% | +0.27B |
| 2025-12-31 | $301M | 110 | — | — | — | — |