Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-56.66%
trims when stocks drop
when a holding falls −10%+
Middle response
-53.48%
baseline attrition
Rally response
-8.26%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| SHYiShares 1-3 Year Treasur | $76M | 40.8% | — | 0.5 yr |
| IEFiShares 7-10 Year Treasu | $18M | 9.8% | — | 0.5 yr |
| TLTiShares 20+ Year Treasur | $13M | 6.8% | — | 0.3 yr |
| GSKGSK plc | $12M | 6.6% | — | 0.5 yr |
| IEIiShares 3-7 Year Treasur | $6M | 3.2% | — | 0.5 yr |
| BPBP p.l.c. | $6M | 3.0% | — | 0.5 yr |
| NVSNovartis AG | $5M | 2.9% | — | 0.5 yr |
| — | $5M | 2.6% | — | 0.5 yr |
| PUKPrudential plc | $5M | 2.6% | — | 0.3 yr |
| HYGiShares iBoxx $ High Yie | $4M | 2.0% | — | 0.5 yr |
| SEESealed Air Corporation | $4M | 2.0% | — | 0.3 yr |
| VODVodafone Group Public Li | $4M | 1.9% | — | 0.5 yr |
| DEODiageo plc | $3M | 1.7% | — | 0.5 yr |
| FOLDAmicus Therapeutics, Inc | $3M | 1.7% | — | 0.5 yr |
| JNKState Street SPDR Bloomb | $3M | 1.6% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management45.0%$84M
Asset Management - Bonds21.9%$41M
Drug Manufacturers - General9.4%$18M
Oil & Gas Integrated3.0%$6M
Biotechnology2.6%$5M
Unknown2.6%$5M
Insurance - Life2.6%$5M
Telecommunications Services2.5%$5M
Packaging & Containers2.0%$4M
Beverages - Wineries & Distilleries1.7%$3M
Country
US77.5%
GB17.0%
CH2.9%
Unknown2.6%
SE0.1%
Top 5: 67.2% · Top 10: 80.3% · Top 25: 97.0%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| GSK GSK plc | +$11M |
| NVS Novartis AG | +$5M |
| PUK Prudential plcnew | +$5M |
| SEE Sealed Air Corporationnew | +$4M |
| FOLD Amicus Therapeutics, Inc. | +$3M |
| AL Air Lease Corporationnew | +$2M |
| VOD Vodafone Group Public Limited | +$2M |
| FFWM First Foundation Inc.new | +$1M |
| OS OneStream, Inc. Class A Commonnew | +$1M |
| APLS Apellis Pharmaceuticals, Inc.new | +$1M |
Top sells this quarter · 15
| SNN Smith & Nephew plcexit | −$8M |
| ING ING Groep N.V.exit | −$7M |
| HLN Haleon plcexit | −$6M |
| DEO Diageo plc | −$6M |
| CUK Carnival Corporation & plcexit | −$4M |
| BTI British American Tobacco p.l.cexit | −$3M |
| HOLX Hologic, Inc. | −$2M |
| RIO Rio Tinto Group | −$2M |
| WPP WPP plcexit | −$2M |
| ERIC Telefonaktiebolaget LM Ericsso | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $187M | 39 | +0.35% | -4.37% | +4.72% | +0.05B |
| 2025-12-31 | $137M | 40 | — | — | — | — |