Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-0.38%
trims when stocks drop
when a holding falls −10%+
Middle response
-1.45%
baseline attrition
Rally response
-1.45%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $142M | 4.4% | +14.7% | 10.5 yr |
| GOOGLAlphabet Inc. | $133M | 4.1% | — | 10.5 yr |
| MSFTMicrosoft Corporation | $132M | 4.1% | -0.6% | 10.5 yr |
| IVViShares Core S&P 500 ETF | $122M | 3.8% | — | 10.5 yr |
| LLYEli Lilly and Company | $106M | 3.3% | +12.2% | 10.5 yr |
| JPMJPMorgan Chase & Co. | $102M | 3.2% | +21.8% | 10.5 yr |
| SYBTStock Yards Bancorp, Inc | $87M | 2.7% | -2.3% | 10.5 yr |
| AVGOBroadcom Inc. | $87M | 2.7% | +86.0% | 4.3 yr |
| EFAiShares MSCI EAFE ETF | $82M | 2.6% | — | 10.5 yr |
| AMZNAmazon.com, Inc. | $80M | 2.5% | +9.5% | 10.3 yr |
| NVDANVIDIA Corporation | $76M | 2.4% | +60.9% | 7.8 yr |
| ASMLASML Holding N.V. | $68M | 2.1% | +100.9% | 4.0 yr |
| VVisa Inc. | $63M | 2.0% | -13.1% | 10.5 yr |
| SPYState Street SPDR S&P 50 | $59M | 1.8% | +17.6% | 10.5 yr |
| IWRiShares Russell Mid-Cap | $54M | 1.7% | — | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management20.6%+2.4pp$664M
Semiconductors8.1%+2.8pp$262M
Software - Infrastructure6.5%-0.6pp$209M
Internet Content & Information5.8%+2.0pp$185M
Drug Manufacturers - General5.6%-0.3pp$180M
Consumer Electronics4.4%-0.5pp$142M
Banks - Diversified3.4%+0.1pp$109M
Banks - Regional3.1%+0.1pp$100M
Engineering & Construction2.7%+1.4pp$86M
Oil & Gas Integrated2.6%-0.4pp$85M
Country
US95.8%+0.2pp
NL2.1%+0.8pp
GB1.2%-0.0pp
IE0.4%-1.0pp
CA0.3%+0.0pp
CH0.1%+0.0pp
TW0.1%+0.0pp
Unknown0.0%-0.0pp
Top 5: 19.8% · Top 10: 33.4% · Top 25: 57.1%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $3.21B | 396 | +13.85% | +17.59% | -3.74% | +0.03B |
| 2025-12-31 | $3.27B | 397 | +13.51% | +17.72% | -4.21% | +0.03B |
| 2025-09-30 | $3.19B | 389 | +12.40% | +17.52% | -5.12% | +0.01B |
| 2025-06-30 | $2.99B | 381 | +13.07% | +14.94% | -1.87% | -0.05B |
| 2025-03-31 | $2.81B | 379 | +6.49% | +8.30% | -1.82% | -0.03B |
| 2024-12-31 | $2.91B | 365 | +17.34% | +24.89% | -7.55% | -0.20B |
| 2024-09-30 | $3.11B | 373 | +30.18% | +36.04% | -5.85% | -0.12B |
| 2024-06-30 | $3.02B | 376 | +16.70% | +24.49% | -7.79% | -0.06B |
| 2024-03-31 | $3.02B | 392 | +21.30% | +29.62% | -8.32% | +0.01B |
| 2023-12-31 | $2.81B | 378 | +17.55% | +26.18% | -8.63% | -0.08B |
| 2023-09-30 | $2.59B | 384 | +15.22% | +21.57% | -6.35% | -0.03B |
| 2023-06-30 | $2.74B | 394 | +15.10% | +19.42% | -4.33% | -0.03B |
| 2023-03-31 | $2.61B | 405 | -5.23% | -7.82% | +2.58% | -0.04B |
| 2022-12-31 | $2.55B | 411 | -12.98% | -18.17% | +5.20% | -0.01B |
| 2022-09-30 | $2.34B | 406 | -11.46% | -15.51% | +4.05% | +0.02B |
| 2022-06-30 | $2.43B | 415 | -6.95% | -10.62% | +3.67% | +0.86B |