Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
—
—
when a holding falls −10%+
Middle response
-38.47%
baseline attrition
Rally response
—
—
when a holding rises +10%+
Top positions · 23
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VGLTVanguard Long-Term Treas | $13M | 14.1% | — | 0.5 yr |
| GDXJVanEck Junior Gold Miner | $10M | 10.7% | — | 0.5 yr |
| EYLDCambria Emerging Shareho | $9M | 9.1% | — | 0.5 yr |
| TAILCambria Tail Risk ETF | $9M | 9.0% | — | 0.5 yr |
| EDVVanguard Extended Durati | $7M | 7.7% | — | 0.5 yr |
| MTBASimplify MBS ETF | $6M | 6.6% | — | 0.5 yr |
| TLHiShares 10-20 Year Treas | $5M | 5.2% | — | 0.5 yr |
| TUASimplify Short Term Trea | $4M | 4.4% | — | 0.5 yr |
| PXHInvesco RAFI Emerging Ma | $4M | 4.1% | — | 0.5 yr |
| SCHQSchwab Long-Term U.S. Tr | $3M | 3.3% | — | 0.5 yr |
| IVOLQuadratic Interest Rate | $3M | 3.3% | — | 0.5 yr |
| TBUXT. Rowe Price Ultra Shor | $3M | 3.1% | — | 0.5 yr |
| SGOViShares 0-3 Month Treasu | $3M | 2.8% | — | 0.5 yr |
| NBHNeuberger Municipal Fund | $3M | 2.6% | — | 0.5 yr |
| EMXCiShares MSCI Emerging Ma | $2M | 2.5% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management80.4%$77M
Asset Management - Bonds11.1%$11M
Asset Management - Leveraged4.4%$4M
Asset Management - Income4.1%$4M
Country
US100.0%
Top 5: 50.5% · Top 10: 74.1% · Top 25: 100.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| MHD BlackRock MuniHoldings Fund, Inew | +$0M |
| MYI BlackRock MuniYield Quality Funew | +$0M |
| TAIL Cambria Tail Risk ETF | +$0M |
| PXH Invesco RAFI Emerging Markets | +$0M |
| TLH iShares 10-20 Year Treasury Bo | +$0M |
| IVOL Quadratic Interest Rate Volati | +$0M |
| NBH Neuberger Municipal Fund Inc. | +$0M |
| PCQ PIMCO California Municipal Inc | +$0M |
| PNI PIMCO New York Municipal Incom | +$0M |
| RFM RiverNorth Flexible Municipal new | +$0M |
Top sells this quarter · 8
| EYLD Cambria Emerging Shareholder Y | −$0M |
| EMXC iShares MSCI Emerging Markets | −$0M |
| SGOV iShares 0-3 Month Treasury Bon | −$0M |
| GDXJ VanEck Junior Gold Miners ETF | −$10M |
| BLE BlackRock Municipal Income Truexit | −$0M |
| MVT BlackRock MuniVest Fund II, Inexit | −$0M |
| RMI RiverNorth Opportunistic Municexit | −$0M |
| LEO BNY Mellon Strategic Municipal | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $96M | 23 | +0.16% | -4.37% | +4.53% | +0.01B |
| 2025-12-31 | $88M | 21 | — | — | — | — |