Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-0.89%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.64%
steady accumulation
Rally response
+0.26%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $2.27B | 3.2% | +14.7% | 8.5 yr |
| IVViShares Core S&P 500 ETF | $1.72B | 2.4% | — | 8.5 yr |
| NVDANVIDIA Corporation | $1.58B | 2.2% | +60.9% | 8.5 yr |
| MSFTMicrosoft Corporation | $1.12B | 1.6% | -0.6% | 8.5 yr |
| VEAVanguard FTSE Developed | $1.07B | 1.5% | — | 8.5 yr |
| SPYState Street SPDR S&P 50 | $1.05B | 1.5% | +17.6% | 8.5 yr |
| QQQInvesco QQQ Trust, Serie | $1.03B | 1.4% | — | 8.0 yr |
| AMZNAmazon.com, Inc. | $915M | 1.3% | +9.5% | 8.5 yr |
| VOOVanguard S&P 500 ETF | $795M | 1.1% | — | 8.5 yr |
| IWFiShares Russell 1000 Gro | $733M | 1.0% | — | 8.5 yr |
| VUGVanguard Growth ETF | $692M | 1.0% | — | 8.5 yr |
| VTIVanguard Total Stock Mar | $632M | 0.9% | — | 8.5 yr |
| GOOGLAlphabet Inc. | $619M | 0.9% | — | 8.3 yr |
| CGDVCapital Group Dividend V | $573M | 0.8% | — | 4.3 yr |
| CGGRCapital Group Growth ETF | $545M | 0.8% | — | 4.3 yr |
Portfolio composition (YoY)
Industry mix
Asset Management58.7%+2.7pp$41.80B
Semiconductors4.0%+0.8pp$2.82B
Asset Management - Bonds3.4%-0.2pp$2.43B
Consumer Electronics3.2%-0.6pp$2.28B
Software - Infrastructure2.3%-0.4pp$1.64B
Asset Management - Income2.0%+0.0pp$1.43B
Internet Content & Information2.0%+0.3pp$1.41B
Drug Manufacturers - General1.9%-0.2pp$1.34B
Specialty Retail1.5%-0.3pp$1.06B
Unknown1.1%+0.4pp$762M
Country
US97.1%-0.4pp
Unknown1.1%+0.4pp
CA0.5%+0.0pp
IE0.3%-0.1pp
GB0.3%-0.0pp
TW0.2%+0.1pp
NL0.1%+0.0pp
CH0.1%-0.0pp
Top 5: 10.9% · Top 10: 17.3% · Top 25: 27.8%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| NVDA | $1.39B | +0.84B | 60.9% |
| AAPL | $2.66B | +0.39B | 14.7% |
| GOOG | $319M | +0.27B | 84.3% |
| SPY | $1.10B | +0.19B | 17.6% |
| XOM | $308M | +0.14B | 47.6% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| MSFT | $1.35B | -0.01B | -0.6% |
Top buys this quarter · 15
| AZN AstraZeneca PLCnew | +$22M |
| TT Trane Technologies plc | +$14M |
| WMB The Williams Companies, Inc. | +$10M |
| ORCL Oracle Corporation | +$101M |
| NET Cloudflare, Inc. | +$6M |
| NOW ServiceNow, Inc. | +$36M |
| UVV Universal Corporation | +$5M |
| CBRL Cracker Barrel Old Country Sto | +$4M |
| AIG American International Group, | +$4M |
| COF Capital One Financial Corporat | +$36M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $71.14B | 4263 | +19.56% | +17.59% | +1.96% | -1.42B |
| 2025-12-31 | $74.60B | 4234 | +17.44% | +17.72% | -0.28% | -3.84B |
| 2025-09-30 | $76.80B | 4201 | +18.07% | +17.52% | +0.55% | -5.38B |
| 2025-06-30 | $75.32B | 4219 | +15.04% | +14.94% | +0.10% | -2.20B |
| 2025-03-31 | $70.28B | 4140 | +7.73% | +8.30% | -0.58% | +5.22B |
| 2024-12-31 | $68.09B | 4050 | +20.32% | +24.89% | -4.56% | +0.68B |
| 2024-09-30 | $65.65B | 4026 | +30.66% | +36.04% | -5.38% | -1.23B |
| 2024-06-30 | $62.91B | 4003 | +17.05% | +24.49% | -7.44% | +0.99B |
| 2024-03-31 | $59.95B | 3988 | +21.67% | +29.62% | -7.95% | +1.93B |
| 2023-12-31 | $54.36B | 3870 | +21.86% | +26.18% | -4.32% | +0.80B |
| 2023-09-30 | $48.05B | 3795 | +14.79% | +21.57% | -6.78% | +1.44B |
| 2023-06-30 | $48.94B | 3805 | +12.60% | +19.42% | -6.82% | +0.96B |
| 2023-03-31 | $44.69B | 3748 | -13.13% | -7.82% | -5.31% | +0.47B |
| 2022-12-31 | $41.37B | 3674 | -22.48% | -18.17% | -4.31% | +2.45B |
| 2022-09-30 | $37.06B | 3634 | -18.02% | -15.51% | -2.51% | +1.41B |
| 2022-06-30 | $38.16B | 3632 | -11.75% | -10.62% | -1.13% | +2.14B |