Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-7.82%
trims when stocks drop
when a holding falls −10%+
Middle response
-10.30%
baseline attrition
Rally response
-3.40%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| BKUBankUnited, Inc. | $60M | 4.4% | +34.6% | 4.8 yr |
| SKYChampion Homes, Inc. | $57M | 4.2% | -21.5% | 5.8 yr |
| RRXRegal Rexnord Corporatio | $47M | 3.4% | +65.7% | 6.0 yr |
| HUBGHub Group, Inc. | $41M | 3.0% | -1.7% | 2.8 yr |
| EVRGEvergy, Inc. | $35M | 2.6% | +23.3% | 0.8 yr |
| TDYTeledyne Technologies In | $34M | 2.5% | +21.6% | 8.8 yr |
| MKSIMKS Inc. | $34M | 2.5% | +188.8% | 1.5 yr |
| SUISun Communities, Inc. | $34M | 2.5% | +3.7% | 2.8 yr |
| SMTCSemtech Corporation | $32M | 2.3% | +123.5% | 0.3 yr |
| FIBKFirst Interstate BancSys | $31M | 2.2% | +23.8% | 3.3 yr |
| WSCWillScot Holdings Corpor | $30M | 2.2% | -36.8% | 1.5 yr |
| SHOOSteven Madden, Ltd. | $29M | 2.2% | +30.7% | 6.8 yr |
| RRCRange Resources Corporat | $29M | 2.2% | +14.2% | 1.5 yr |
| KNKnowles Corporation | $27M | 2.0% | +68.9% | 2.3 yr |
| MTNVail Resorts, Inc. | $26M | 1.9% | -16.1% | 3.8 yr |
Portfolio composition (YoY)
Industry mix
Banks - Regional10.5%+0.3pp$142M
Semiconductors7.7%+6.5pp$105M
Hardware, Equipment & Parts6.0%+0.4pp$82M
Industrial - Machinery5.3%+2.1pp$73M
Residential Construction4.6%+0.8pp$62M
Chemicals - Specialty3.8%+0.9pp$52M
Communication Equipment3.5%+0.7pp$48M
Oil & Gas Exploration & Production3.5%+0.2pp$48M
REIT - Residential3.5%-0.5pp$48M
Regulated Electric3.3%+2.8pp$45M
Country
US96.0%-0.9pp
Unknown1.7%-0.2pp
IL1.6%+1.3pp
IE0.7%-0.3pp
Top 5: 17.6% · Top 10: 29.7% · Top 25: 57.1%
Top buys this quarter · 15
| SMTC Semtech Corporationnew | +$32M |
| BLFS BioLife Solutions, Inc. | +$10M |
| GTES Gates Industrial Corporation pnew | +$10M |
| TKR The Timken Company | +$10M |
| NEE NextEra Energy, Inc. | +$9M |
| Q Qnity Electronics, Inc. | +$9M |
| HUBG Hub Group, Inc. | +$8M |
| AVGO Broadcom Inc. | +$7M |
| UCTT Ultra Clean Holdings, Inc.new | +$6M |
| COHU Cohu, Inc.new | +$6M |
Top sells this quarter · 15
| TSEM Tower Semiconductor Ltd. | −$35M |
| CIEN Ciena Corporation | −$26M |
| HAYW Hayward Holdings, Inc. | −$20M |
| CLH Clean Harbors, Inc.exit | −$20M |
| CON Concentra Group Holdings Paren | −$20M |
| MKSI MKS Inc. | −$19M |
| RRC Range Resources Corporation | −$18M |
| BURL Burlington Stores, Inc. | −$17M |
| SIMO Silicon Motion Technology Corpexit | −$16M |
| VNT Vontier Corporation | −$16M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.36B | 86 | +21.05% | +17.59% | +3.46% | -0.22B |
| 2025-12-31 | $1.55B | 88 | +8.51% | +17.72% | -9.21% | -0.11B |
| 2025-09-30 | $1.56B | 92 | +3.18% | +17.52% | -14.34% | -0.01B |
| 2025-06-30 | $1.45B | 84 | +6.74% | +14.94% | -8.20% | +0.02B |
| 2025-03-31 | $1.39B | 85 | +0.78% | +8.30% | -7.52% | -0.23B |
| 2024-12-31 | $1.77B | 97 | +19.37% | +24.89% | -5.52% | -0.06B |
| 2024-09-30 | $1.80B | 95 | +31.80% | +36.04% | -4.23% | -0.09B |
| 2024-06-30 | $1.70B | 102 | +12.39% | +24.49% | -12.11% | -0.09B |
| 2024-03-31 | $1.84B | 104 | +16.42% | +29.62% | -13.20% | -0.15B |
| 2023-12-31 | $1.84B | 103 | +12.13% | +26.18% | -14.05% | -0.17B |
| 2023-09-30 | $1.79B | 101 | +9.46% | +21.57% | -12.11% | -0.10B |
| 2023-06-30 | $2.00B | 101 | +12.46% | +19.42% | -6.96% | -0.24B |
| 2023-03-31 | $2.21B | 101 | -1.64% | -7.82% | +6.17% | -0.16B |
| 2022-12-31 | $2.27B | 101 | +9.53% | +7.56% | +1.97% | -0.01B |
| 2022-09-30 | $2.08B | 102 | -2.61% | -4.93% | +2.32% | -0.04B |
| 2022-06-30 | $2.18B | 99 | -11.70% | -16.11% | +4.41% | -0.09B |