Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-3.73%
trims when stocks drop
when a holding falls −10%+
Middle response
-3.78%
baseline attrition
Rally response
-5.18%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| SWVXXSchwab Value Advantage M | $22M | 10.0% | — | 2.5 yr |
| AAPLApple Inc. | $18M | 8.2% | +9.6% | 9.0 yr |
| MSFTMicrosoft Corporation | $16M | 7.3% | -13.0% | 10.0 yr |
| POGRXPRIMECAP Odyssey Growth | $9M | 4.1% | — | 10.0 yr |
| ORCLOracle Corporation | $9M | 4.1% | -12.7% | 10.0 yr |
| JNJJohnson & Johnson | $8M | 3.6% | +57.5% | 10.0 yr |
| CATCaterpillar Inc. | $7M | 3.1% | +85.0% | 10.0 yr |
| GDGeneral Dynamics Corpora | $6M | 2.9% | +16.4% | 10.0 yr |
| CVXChevron Corporation | $6M | 2.7% | +49.9% | 10.0 yr |
| SYKStryker Corporation | $6M | 2.7% | -8.0% | 10.0 yr |
| GOOGAlphabet Inc. | $6M | 2.6% | +72.6% | 10.0 yr |
| CSCOCisco Systems, Inc. | $6M | 2.6% | +50.7% | 10.0 yr |
| TSMTaiwan Semiconductor Man | $6M | 2.5% | +97.6% | 3.0 yr |
| PEPPepsiCo, Inc. | $6M | 2.5% | -3.4% | 10.0 yr |
| INTCIntel Corporation | $6M | 2.5% | +88.1% | 10.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management14.5%+2.3pp$32M
Software - Infrastructure11.4%-3.2pp$25M
Semiconductors10.5%+3.3pp$23M
Consumer Electronics8.2%-0.5pp$18M
Drug Manufacturers - General7.4%+0.9pp$16M
Beverages - Non-Alcoholic5.1%-0.4pp$11M
Oil & Gas Integrated4.1%+1.0pp$9M
Internet Content & Information4.1%+1.0pp$9M
Aerospace & Defense3.5%-0.0pp$8M
Agricultural - Machinery3.1%+1.1pp$7M
Country
US92.0%+0.8pp
TW2.5%+1.1pp
CH2.3%+0.2pp
Unknown1.2%-0.9pp
IT1.1%-1.3pp
CA0.3%+0.1pp
GB0.2%+0.1pp
DE0.2%-0.0pp
Top 5: 33.7% · Top 10: 48.7% · Top 25: 79.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $220M | 80 | +14.75% | +3.94% | +10.81% | -0.05B |
| 2025-06-30 | $256M | 86 | +12.56% | +14.94% | -2.38% | -0.00B |
| 2025-03-31 | $231M | 85 | +2.68% | +8.30% | -5.62% | -0.01B |
| 2024-12-31 | $244M | 79 | +14.45% | +24.89% | -10.44% | -0.00B |
| 2024-09-30 | $252M | 83 | +27.57% | +36.04% | -8.46% | +0.01B |
| 2024-06-30 | $234M | 83 | +16.95% | +24.49% | -7.55% | +0.01B |
| 2024-03-31 | $224M | 83 | +23.89% | +29.62% | -5.73% | +0.00B |
| 2023-12-31 | $205M | 77 | +23.48% | +26.18% | -2.70% | +0.00B |
| 2023-09-30 | $183M | 74 | +24.88% | +21.57% | +3.32% | -0.02B |
| 2023-06-30 | $215M | 87 | +22.38% | +19.42% | +2.95% | -0.01B |
| 2023-03-31 | $208M | 88 | -1.74% | -7.82% | +6.08% | -0.02B |
| 2022-12-31 | $209M | 90 | +11.40% | +7.56% | +3.84% | -0.01B |
| 2022-09-30 | $194M | 92 | -5.54% | -4.93% | -0.61% | -0.01B |
| 2022-06-30 | $219M | 97 | -13.37% | -16.11% | +2.74% | -0.02B |
| 2022-03-31 | $277M | 99 | — | — | — | -0.01B |
| 2021-12-31 | $287M | 100 | — | — | — | +0.01B |