Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.78%
adds when stocks drop
when a holding falls −10%+
Middle response
-6.22%
baseline attrition
Rally response
+0.98%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| GOOGAlphabet Inc. | $46M | 21.8% | +84.3% | 2.0 yr |
| AAPLApple Inc. | $38M | 18.1% | +14.7% | 7.3 yr |
| MSFTMicrosoft Corporation | $19M | 8.9% | -0.6% | 7.3 yr |
| MUMicron Technology, Inc. | $12M | 5.9% | +289.6% | 1.3 yr |
| METAMeta Platforms, Inc. | $12M | 5.6% | -0.4% | 2.0 yr |
| NFLXNetflix, Inc. | $9M | 4.2% | +3.1% | 0.8 yr |
| AVGOBroadcom Inc. | $9M | 4.2% | +86.0% | 1.0 yr |
| VSTVistra Corp. | $9M | 4.1% | +28.7% | 2.0 yr |
| TOSTToast, Inc. | $7M | 3.5% | -20.1% | 0.8 yr |
| GLDSPDR Gold Shares | $6M | 3.0% | — | 0.5 yr |
| DKSDICK'S Sporting Goods, I | $6M | 2.9% | +0.1% | 1.0 yr |
| NUNu Holdings Ltd. | $6M | 2.6% | +40.3% | 1.5 yr |
| XLIState Street Industrial | $5M | 2.5% | — | 0.3 yr |
| AESThe AES Corporation | $5M | 2.3% | +19.9% | 0.3 yr |
| KOThe Coca-Cola Company | $3M | 1.4% | +9.3% | 7.3 yr |
Portfolio composition (YoY)
Industry mix
Internet Content & Information28.0%+5.3pp$59M
Consumer Electronics18.1%-2.8pp$38M
Software - Infrastructure12.4%-1.8pp$26M
Semiconductors10.1%+10.0pp$21M
Asset Management8.4%-3.0pp$18M
Independent Power Producers6.4%+1.5pp$13M
Entertainment4.3%+4.2pp$9M
Specialty Retail2.9%-0.3pp$6M
Banks - Diversified2.6%+2.5pp$6M
Beverages - Non-Alcoholic1.4%-0.3pp$3M
Country
US97.4%+0.6pp
BR2.6%+2.6pp
Top 5: 60.2% · Top 10: 79.3% · Top 25: 99.0%
Top buys this quarter · 14
| MU Micron Technology, Inc. | +$5M |
| AES The AES Corporationnew | +$5M |
| NFLX Netflix, Inc. | +$4M |
| NCLH Norwegian Cruise Line Holdings | +$2M |
| AVGO Broadcom Inc. | +$2M |
| AMP Ameriprise Financial, Inc. | +$2M |
| EVLV Evolv Technologies Holdings, Inew | +$1M |
| RKT Rocket Companies, Inc.new | +$0M |
| GOOG Alphabet Inc. | +$46M |
| VST Vistra Corp. | +$9M |
Top sells this quarter · 15
| DELL Dell Technologies Inc.exit | −$13M |
| CVX Chevron Corporationexit | −$10M |
| AMZN Amazon.com, Inc.exit | −$9M |
| KKR KKR & Co. Inc.exit | −$9M |
| KMB Kimberly-Clark Corporationexit | −$7M |
| COF Capital One Financial Corporatexit | −$7M |
| GEHC GE HealthCare Technologies Incexit | −$6M |
| INTU Intuit Inc.exit | −$5M |
| TWLO Twilio Inc.exit | −$4M |
| DKS DICK'S Sporting Goods, Inc. | −$4M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $209M | 31 | +21.11% | +17.59% | +3.52% | -0.06B |
| 2025-12-31 | $295M | 46 | +18.46% | +17.72% | +0.74% | +0.02B |
| 2025-09-30 | $260M | 45 | +20.11% | +17.52% | +2.59% | -0.02B |
| 2025-06-30 | $256M | 50 | +10.28% | +14.94% | -4.67% | +0.06B |
| 2025-03-31 | $172M | 60 | +4.37% | +8.30% | -3.94% | -0.06B |
| 2024-12-31 | $255M | 90 | +18.64% | +24.89% | -6.25% | -0.01B |
| 2024-09-30 | $252M | 46 | +16.02% | +36.04% | -20.02% | +0.02B |
| 2024-06-30 | $233M | 49 | +29.30% | +39.81% | -10.51% | -0.01B |
| 2024-03-31 | $227M | 50 | +42.74% | +43.93% | -1.19% | +0.01B |
| 2023-12-31 | $214M | 46 | +38.86% | +40.24% | -1.37% | +0.03B |
| 2023-06-30 | $178M | 43 | +25.26% | +19.42% | +5.84% | +0.03B |
| 2023-03-31 | $130M | 35 | -10.38% | -7.82% | -2.56% | +0.02B |
| 2022-12-31 | $97M | 28 | -0.21% | +7.56% | -7.77% | -0.01B |
| 2022-09-30 | $109M | 28 | -6.25% | -4.93% | -1.32% | +0.02B |
| 2022-06-30 | $94M | 22 | -18.75% | -16.11% | -2.64% | -0.05B |
| 2022-03-31 | $180M | 38 | — | — | — | -0.06B |