Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-9.04%
trims when stocks drop
when a holding falls −10%+
Middle response
-3.28%
baseline attrition
Rally response
-2.54%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $33M | 3.7% | +60.9% | 3.0 yr |
| GOOGLAlphabet Inc. | $31M | 3.5% | — | 3.0 yr |
| AAPLApple Inc. | $29M | 3.3% | +14.7% | 10.5 yr |
| MSFTMicrosoft Corporation | $26M | 2.9% | -0.6% | 10.5 yr |
| IAUiShares Gold Trust | $25M | 2.8% | — | 3.0 yr |
| JPMJPMorgan Chase & Co. | $21M | 2.3% | +21.8% | 5.0 yr |
| WMTWalmart Inc. | $19M | 2.1% | +42.8% | 10.5 yr |
| ENVAEnova International, Inc | $18M | 2.0% | +40.7% | 3.0 yr |
| CATCaterpillar Inc. | $17M | 2.0% | +117.8% | 8.8 yr |
| NVMINova Ltd. | $16M | 1.8% | +135.6% | 3.0 yr |
| AMZNAmazon.com, Inc. | $13M | 1.4% | +9.5% | 6.5 yr |
| AVGOBroadcom Inc. | $13M | 1.4% | +86.0% | 3.0 yr |
| GSThe Goldman Sachs Group, | $12M | 1.4% | +58.1% | 3.0 yr |
| JBLJabil Inc. | $12M | 1.3% | +95.5% | 5.8 yr |
| IGSBiShares 1-5 Year Investm | $10M | 1.2% | — | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management22.6%+1.4pp$201M
Semiconductors8.6%+2.3pp$76M
Asset Management - Bonds7.3%-1.2pp$65M
Internet Content & Information4.6%+0.6pp$41M
Drug Manufacturers - General3.7%+0.1pp$33M
Financial - Credit Services3.6%-0.5pp$32M
Consumer Electronics3.3%-0.4pp$29M
Software - Infrastructure3.1%-0.5pp$28M
Discount Stores2.7%+0.0pp$24M
Specialty Retail2.5%-0.1pp$22M
Country
US94.3%-0.8pp
IL1.9%+0.8pp
GB1.2%+0.6pp
NL1.0%+0.3pp
IE0.8%-0.3pp
TW0.3%+0.2pp
Unknown0.1%-0.8pp
BM0.1%+0.0pp
Top 5: 16.2% · Top 10: 26.4% · Top 25: 44.0%
Top buys this quarter · 15
| AZN AstraZeneca PLCnew | +$5M |
| PIPR Piper Sandler Companiesnew | +$3M |
| WDC Western Digital Corporation | +$2M |
| IBP Installed Building Products, I | +$1M |
| ULTA Ulta Beauty, Inc.new | +$1M |
| IBM International Business Machine | +$1M |
| PATH UiPath Inc.new | +$1M |
| XOM Exxon Mobil Corporation | +$1M |
| ESE ESCO Technologies Inc.new | +$1M |
| RTX RTX Corporation | +$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $888M | 355 | +21.51% | +17.59% | +3.92% | -0.02B |
| 2025-12-31 | $913M | 357 | +16.92% | +17.72% | -0.80% | -0.01B |
| 2025-09-30 | $912M | 352 | +15.57% | +17.52% | -1.95% | -0.00B |
| 2025-06-30 | $839M | 335 | +14.17% | +14.94% | -0.77% | -0.03B |
| 2025-03-31 | $785M | 323 | +5.03% | +8.30% | -3.28% | -0.02B |
| 2024-12-31 | $837M | 327 | +19.85% | +24.89% | -5.04% | -0.03B |
| 2024-09-30 | $865M | 330 | +33.64% | +36.04% | -2.39% | -0.04B |
| 2024-06-30 | $837M | 325 | +22.40% | +24.49% | -2.10% | -0.01B |
| 2024-03-31 | $839M | 320 | +30.04% | +29.62% | +0.41% | -0.03B |
| 2023-12-31 | $794M | 306 | +22.82% | +26.18% | -3.35% | -0.05B |
| 2023-09-30 | $756M | 289 | +19.96% | +21.57% | -1.61% | -0.01B |
| 2023-06-30 | $780M | 283 | +17.09% | +19.42% | -2.34% | -0.04B |
| 2023-03-31 | $756M | 572 | -10.64% | -7.82% | -2.82% | +0.02B |
| 2022-12-31 | $715M | 573 | +9.08% | +7.56% | +1.52% | -0.05B |
| 2022-09-30 | $700M | 520 | -3.69% | -4.93% | +1.24% | -0.02B |
| 2022-06-30 | $747M | 510 | -17.66% | -16.11% | -1.54% | -0.04B |