Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-3.94%
trims when stocks drop
when a holding falls −10%+
Middle response
-0.73%
baseline attrition
Rally response
-2.11%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| CHCOCity Holding Company | $30M | 3.8% | +4.6% | 10.5 yr |
| GOOGLAlphabet Inc. | $28M | 3.5% | — | 10.5 yr |
| AAPLApple Inc. | $25M | 3.1% | +14.7% | 10.5 yr |
| WMTWalmart Inc. | $22M | 2.8% | +42.8% | 10.5 yr |
| LLYEli Lilly and Company | $22M | 2.7% | +12.2% | 10.5 yr |
| MSFTMicrosoft Corporation | $20M | 2.5% | -0.6% | 10.5 yr |
| AMZNAmazon.com, Inc. | $18M | 2.2% | +9.5% | 10.5 yr |
| NVDANVIDIA Corporation | $18M | 2.2% | +60.9% | 8.3 yr |
| METAMeta Platforms, Inc. | $17M | 2.1% | -0.4% | 10.5 yr |
| CATCaterpillar Inc. | $14M | 1.8% | +117.8% | 10.5 yr |
| JPMJPMorgan Chase & Co. | $13M | 1.6% | +21.8% | 10.5 yr |
| XOMExxon Mobil Corporation | $12M | 1.5% | +47.6% | 10.5 yr |
| WMWaste Management, Inc. | $12M | 1.5% | +0.8% | 10.5 yr |
| RDVYFirst Trust Rising Divid | $10M | 1.3% | — | 4.8 yr |
| LOWLowe's Companies, Inc. | $10M | 1.2% | +3.4% | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management26.1%+1.9pp$209M
Internet Content & Information6.1%+1.3pp$49M
Drug Manufacturers - General5.7%+0.3pp$46M
Semiconductors4.4%+1.8pp$35M
Banks - Regional4.1%-0.4pp$33M
Discount Stores4.0%+0.3pp$32M
Software - Infrastructure3.6%-0.6pp$29M
Consumer Electronics3.1%-0.6pp$25M
Agricultural - Machinery3.0%+0.7pp$24M
Regulated Electric2.7%+0.2pp$21M
Country
US97.1%-0.1pp
IE1.0%-0.3pp
GB0.8%+0.0pp
LU0.4%+0.3pp
CH0.3%+0.1pp
IL0.2%-0.1pp
TW0.1%+0.0pp
CA0.0%+0.0pp
Top 5: 15.9% · Top 10: 26.6% · Top 25: 44.6%
Top buys this quarter · 15
| TXN Texas Instruments Incorporated | +$2M |
| NEE NextEra Energy, Inc. | +$1M |
| AVGO Broadcom Inc. | +$1M |
| JNJ Johnson & Johnson | +$1M |
| TMO Thermo Fisher Scientific Inc. | +$1M |
| LHX L3Harris Technologies, Inc. | +$1M |
| META Meta Platforms, Inc. | +$17M |
| BAC Bank of America Corporation | +$1M |
| BMY Bristol-Myers Squibb Company | +$0M |
| TJX The TJX Companies, Inc. | +$0M |
Top sells this quarter · 15
| CRWD CrowdStrike Holdings, Inc. | −$2M |
| PANW Palo Alto Networks, Inc. | −$1M |
| UBER Uber Technologies, Inc. | −$1M |
| DIS The Walt Disney Company | −$1M |
| WMT Walmart Inc. | −$21M |
| UNH UnitedHealth Group Incorporate | −$1M |
| HON Honeywell International Inc. | −$1M |
| CAT Caterpillar Inc. | −$12M |
| DHR Danaher Corporation | −$0M |
| FSLR First Solar, Inc. | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $800M | 570 | +12.31% | +17.59% | -5.28% | -0.01B |
| 2025-12-31 | $813M | 582 | +12.38% | +17.72% | -5.34% | +0.01B |
| 2025-09-30 | $795M | 583 | +10.11% | +17.52% | -7.41% | -0.01B |
| 2025-06-30 | $764M | 485 | +12.96% | +14.94% | -1.98% | +0.01B |
| 2025-03-31 | $710M | 609 | +6.88% | +8.30% | -1.42% | +0.01B |
| 2024-12-31 | $706M | 468 | +17.78% | +24.89% | -7.11% | -0.01B |
| 2024-09-30 | $720M | 462 | +31.86% | +36.04% | -4.18% | -0.01B |
| 2024-06-30 | $676M | 459 | +19.17% | +24.49% | -5.32% | +0.00B |
| 2024-03-31 | $667M | 483 | +25.11% | +29.62% | -4.51% | -0.01B |
| 2023-12-31 | $620M | 491 | +18.62% | +26.18% | -7.56% | -0.00B |
| 2023-09-30 | $561M | 509 | +16.62% | +21.57% | -4.95% | -0.00B |
| 2023-06-30 | $581M | 511 | +17.23% | +19.42% | -2.19% | -0.01B |
| 2023-03-31 | $556M | 519 | -2.43% | -7.82% | +5.39% | -0.00B |
| 2022-12-31 | $535M | 518 | -10.46% | -18.17% | +7.71% | -0.02B |
| 2022-09-30 | $504M | 511 | -8.90% | -15.51% | +6.61% | -0.01B |
| 2022-06-30 | $531M | 503 | -6.18% | -10.62% | +4.45% | -0.01B |