Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.36%
adds when stocks drop
when a holding falls −10%+
Middle response
-2.36%
baseline attrition
Rally response
-0.80%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| GOOGLAlphabet Inc. | $188M | 5.0% | — | 10.5 yr |
| NVDANVIDIA Corporation | $171M | 4.6% | +60.9% | 6.5 yr |
| MSFTMicrosoft Corporation | $161M | 4.3% | -0.6% | 10.5 yr |
| AAPLApple Inc. | $145M | 3.9% | +14.7% | 10.5 yr |
| LRCXLam Research Corporation | $128M | 3.4% | +196.1% | 1.5 yr |
| AMZNAmazon.com, Inc. | $122M | 3.3% | +9.5% | 10.5 yr |
| JPMJPMorgan Chase & Co. | $113M | 3.0% | +21.8% | 10.5 yr |
| PMPhilip Morris Internatio | $96M | 2.6% | +7.9% | 10.5 yr |
| XOMExxon Mobil Corporation | $91M | 2.4% | +47.6% | 10.5 yr |
| VOVanguard Mid-Cap ETF | $73M | 1.9% | — | 10.5 yr |
| ASBAssociated Banc-Corp | $67M | 1.8% | +19.1% | 10.5 yr |
| LLYEli Lilly and Company | $54M | 1.4% | +12.2% | 10.5 yr |
| BRK-BBerkshire Hathaway Inc. | $50M | 1.3% | — | 10.5 yr |
| SCHWThe Charles Schwab Corpo | $48M | 1.3% | +21.5% | 10.0 yr |
| NOWServiceNow, Inc. | $46M | 1.2% | -34.3% | 8.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management20.6%+3.1pp$771M
Semiconductors8.6%+2.7pp$322M
Internet Content & Information6.7%+1.3pp$252M
Software - Infrastructure4.3%-0.8pp$163M
Banks - Diversified4.0%+0.0pp$148M
Consumer Electronics3.9%-0.4pp$145M
Software - Application3.8%-0.0pp$144M
Drug Manufacturers - General3.7%+0.1pp$138M
Oil & Gas Integrated3.3%+0.6pp$125M
Specialty Retail3.3%+0.3pp$122M
Country
US98.5%+0.2pp
IE1.2%-0.1pp
AU0.1%-0.0pp
CH0.1%-0.0pp
CA0.1%+0.0pp
Unknown0.0%-0.0pp
GB0.0%-0.0pp
IL0.0%
Top 5: 21.1% · Top 10: 34.4% · Top 25: 52.3%
Top buys this quarter · 15
| NFLX Netflix, Inc. | +$28M |
| ODFL Old Dominion Freight Line, Inc | +$16M |
| BSX Boston Scientific Corporation | +$30M |
| HON Honeywell International Inc. | +$6M |
| UBER Uber Technologies, Inc. | +$45M |
| NOW ServiceNow, Inc. | +$46M |
| CRM Salesforce, Inc. | +$44M |
| SO The Southern Company | +$2M |
| PM Philip Morris International In | +$1M |
| UNP Union Pacific Corporation | +$1M |
Top sells this quarter · 15
| LRCX Lam Research Corporation | −$38M |
| RTX RTX Corporation | −$36M |
| MDLZ Mondelez International, Inc. | −$8M |
| META Meta Platforms, Inc. | −$3M |
| COF Capital One Financial Corporat | −$3M |
| AAPL Apple Inc. | −$2M |
| PAYC Paycom Software, Inc. | −$2M |
| JPM JPMorgan Chase & Co. | −$2M |
| CI Cigna Corporation | −$2M |
| NOC Northrop Grumman Corporation | −$23M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $3.75B | 330 | +15.29% | +17.59% | -2.30% | -0.01B |
| 2025-12-31 | $3.88B | 331 | +18.30% | +17.72% | +0.58% | +0.01B |
| 2025-09-30 | $3.77B | 338 | +15.13% | +17.52% | -2.38% | +0.04B |
| 2025-06-30 | $3.50B | 320 | +15.07% | +14.94% | +0.13% | -0.04B |
| 2025-03-31 | $3.25B | 319 | +7.12% | +8.30% | -1.18% | -0.03B |
| 2024-12-31 | $3.30B | 316 | +16.35% | +24.89% | -8.54% | -0.08B |
| 2024-09-30 | $3.38B | 327 | +28.59% | +36.04% | -7.45% | -0.03B |
| 2024-06-30 | $3.19B | 314 | +16.34% | +24.49% | -8.16% | +0.02B |
| 2024-03-31 | $3.13B | 312 | +22.15% | +29.62% | -7.47% | +0.05B |
| 2023-12-31 | $2.86B | 308 | +15.26% | +26.18% | -10.91% | +0.03B |
| 2023-09-30 | $2.57B | 302 | +16.22% | +21.57% | -5.34% | +0.03B |
| 2023-06-30 | $2.63B | 307 | +15.31% | +19.42% | -4.11% | +0.00B |
| 2023-03-31 | $2.47B | 309 | -3.00% | -7.82% | +4.82% | +0.04B |
| 2022-12-31 | $2.39B | 303 | -9.27% | -18.17% | +8.91% | -0.00B |
| 2022-09-30 | $2.15B | 292 | -9.41% | -15.51% | +6.09% | -0.02B |
| 2022-06-30 | $2.27B | 299 | -4.78% | -10.62% | +5.84% | -0.04B |