Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.18%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.59%
steady accumulation
Rally response
-0.04%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $12M | 4.8% | +14.7% | 3.5 yr |
| PPIHPerma-Pipe International | $7M | 2.8% | +139.8% | 3.5 yr |
| CATCaterpillar Inc. | $6M | 2.4% | +117.8% | 3.5 yr |
| KNTKKinetik Holdings Inc. | $6M | 2.3% | +0.5% | 3.5 yr |
| PLBCPlumas Bancorp | $5M | 2.1% | +16.0% | 3.0 yr |
| MSAMSA Safety Incorporated | $5M | 2.0% | +13.2% | 3.5 yr |
| SSBISummit State Bank | $5M | 1.9% | +44.9% | 3.5 yr |
| SGOViShares 0-3 Month Treasu | $4M | 1.8% | — | 1.5 yr |
| VVisa Inc. | $4M | 1.6% | -13.1% | 3.5 yr |
| DGICADonegal Group Inc. | $4M | 1.5% | — | 3.5 yr |
| CVXChevron Corporation | $3M | 1.4% | +29.2% | 3.5 yr |
| BRK-BBerkshire Hathaway Inc. | $3M | 1.4% | — | 3.5 yr |
| IVViShares Core S&P 500 ETF | $3M | 1.3% | — | 3.3 yr |
| VIGVanguard Dividend Apprec | $3M | 1.2% | — | 3.5 yr |
| SENEASeneca Foods Corporation | $3M | 1.2% | — | 3.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management16.9%-0.6pp$41M
Banks - Regional12.5%+2.4pp$31M
Consumer Electronics4.8%-0.3pp$12M
Oil & Gas Midstream3.8%+0.4pp$9M
Drug Manufacturers - General3.3%+0.1pp$8M
Construction2.9%+1.5pp$7M
Financial - Credit Services2.6%-1.3pp$6M
Oil & Gas Integrated2.5%+0.1pp$6M
Agricultural - Machinery2.4%+0.9pp$6M
Asset Management - Bonds2.4%+1.4pp$6M
Country
US96.3%-0.2pp
Unknown1.8%-0.0pp
CA1.2%+0.2pp
BR0.2%+0.2pp
IE0.2%-0.0pp
GB0.1%-0.0pp
CH0.0%-0.0pp
TW0.0%+0.0pp
Top 5: 14.4% · Top 10: 23.2% · Top 25: 39.8%
Top buys this quarter · 15
| KNTK Kinetik Holdings Inc. | +$2M |
| BARK BARK, Inc.new | +$2M |
| BANX ArrowMark Financial Corp. | +$0M |
| CET Central Securities Corp. | +$0M |
| BRBS Blue Ridge Bankshares, Inc. | +$0M |
| DIT AMCON Distributing Company | +$0M |
| CCI Crown Castle Inc. | +$0M |
| MCBS MetroCity Bankshares, Inc.new | +$0M |
| PEP PepsiCo, Inc. | +$0M |
| OMC Omnicom Group Inc. | +$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $246M | 888 | +19.59% | +17.59% | +2.00% | -0.00B |
| 2025-12-31 | $236M | 873 | +11.41% | +17.72% | -6.31% | -0.00B |
| 2025-09-30 | $234M | 867 | +9.08% | +17.52% | -8.44% | +0.00B |
| 2025-06-30 | $218M | 854 | +13.09% | +14.94% | -1.85% | -0.00B |
| 2025-03-31 | $210M | 886 | +6.65% | +8.30% | -1.65% | +0.00B |
| 2024-12-31 | $215M | 896 | +15.65% | +24.89% | -9.24% | -0.00B |
| 2024-09-30 | $215M | 906 | +26.23% | +36.04% | -9.80% | -0.01B |
| 2024-06-30 | $202M | 919 | +10.42% | +24.49% | -14.07% | -0.00B |
| 2024-03-31 | $208M | 916 | +14.13% | +29.62% | -15.49% | +0.00B |
| 2023-12-31 | $197M | 952 | +9.30% | +26.18% | -16.88% | -0.00B |
| 2023-09-30 | $181M | 885 | -3.90% | -3.22% | -0.67% | -0.00B |
| 2023-06-30 | $191M | 860 | +2.84% | +8.68% | -5.84% | +0.05B |
| 2023-03-31 | $137M | 564 | +0.95% | +7.46% | -6.51% | +0.02B |
| 2022-12-31 | $113M | 315 | — | — | — | — |