Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.00%
trims when stocks drop
when a holding falls −10%+
Middle response
-8.85%
baseline attrition
Rally response
-0.27%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| WMTWalmart Inc. | $14M | 10.9% | — | 0.5 yr |
| AAPLApple Inc. | $8M | 6.0% | — | 0.5 yr |
| SPYState Street SPDR S&P 50 | $7M | 5.0% | — | 0.5 yr |
| CATCaterpillar Inc. | $7M | 4.9% | — | 0.5 yr |
| PJANInnovator U.S. Equity Po | $7M | 4.9% | — | 0.5 yr |
| JPMJPMorgan Chase & Co. | $6M | 4.2% | — | 0.5 yr |
| AZBOAllianzIM U.S. Large Cap | $5M | 3.4% | — | 0.5 yr |
| XOMExxon Mobil Corporation | $4M | 2.9% | — | 0.3 yr |
| AMATApplied Materials, Inc. | $3M | 2.5% | — | 0.5 yr |
| MSFTMicrosoft Corporation | $3M | 2.5% | — | 0.5 yr |
| JNJJohnson & Johnson | $3M | 2.3% | — | 0.3 yr |
| BNDVanguard Total Bond Mark | $3M | 2.2% | — | 0.5 yr |
| CVXChevron Corporation | $3M | 2.0% | — | 0.3 yr |
| MRKMerck & Co., Inc. | $3M | 2.0% | — | 0.3 yr |
| CIENCiena Corporation | $3M | 2.0% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management33.9%$45M
Discount Stores10.9%$14M
Semiconductors7.0%$9M
Consumer Electronics6.0%$8M
Agricultural - Machinery4.9%$7M
Oil & Gas Integrated4.9%$6M
Drug Manufacturers - General4.3%$6M
Banks - Diversified4.2%$6M
Software - Infrastructure2.7%$4M
REIT - Healthcare Facilities2.6%$3M
Country
US100.0%
Top 5: 31.7% · Top 10: 47.2% · Top 25: 72.2%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| XOM Exxon Mobil Corporationnew | +$4M |
| JNJ Johnson & Johnsonnew | +$3M |
| CVX Chevron Corporationnew | +$3M |
| MRK Merck & Co., Inc.new | +$3M |
| NHI National Health Investors, Incnew | +$2M |
| BEN Franklin Resources, Inc.new | +$2M |
| ADM Archer-Daniels-Midland Companynew | +$1M |
| FCX Freeport-McMoRan Inc.new | +$1M |
| ENTG Entegris, Inc.new | +$1M |
| BMNR Bitmine Immersion Technologiesnew | +$0M |
Top sells this quarter · 15
| NVDA NVIDIA Corporation | −$3M |
| TSLA Tesla, Inc.exit | −$2M |
| ORI Old Republic International Corexit | −$2M |
| PII Polaris Inc.exit | −$2M |
| IBM International Business Machineexit | −$2M |
| MATW Matthews International Corporaexit | −$2M |
| AMD Advanced Micro Devices, Inc.exit | −$1M |
| LLY Eli Lilly and Companyexit | −$1M |
| P Everpure, Inc.exit | −$1M |
| FSLR First Solar, Inc.exit | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $133M | 75 | +4.66% | -4.37% | +9.03% | -0.00B |
| 2025-12-31 | $129M | 73 | — | — | — | — |