Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-4.73%
trims when stocks drop
when a holding falls −10%+
Middle response
-0.76%
baseline attrition
Rally response
-1.18%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $72M | 3.8% | +60.9% | 2.5 yr |
| AAPLApple Inc. | $67M | 3.5% | +14.7% | 2.5 yr |
| GOOGLAlphabet Inc. | $50M | 2.6% | — | 2.5 yr |
| JPMJPMorgan Chase & Co. | $42M | 2.2% | +21.8% | 2.5 yr |
| PRFInvesco RAFI US 1000 ETF | $31M | 1.6% | — | 2.5 yr |
| BRK-BBerkshire Hathaway Inc. | $30M | 1.6% | — | 2.5 yr |
| AMZNAmazon.com, Inc. | $30M | 1.6% | +9.5% | 2.5 yr |
| MSFTMicrosoft Corporation | $29M | 1.5% | -0.6% | 2.5 yr |
| GOOGAlphabet Inc. | $26M | 1.4% | +84.3% | 2.5 yr |
| XOMExxon Mobil Corporation | $24M | 1.3% | +47.6% | 2.5 yr |
| JNJJohnson & Johnson | $24M | 1.2% | +51.5% | 2.5 yr |
| CGDGCapital Group Dividend G | $24M | 1.2% | — | 2.5 yr |
| BXBlackstone Inc. | $24M | 1.2% | -14.9% | 2.5 yr |
| ABBVAbbVie Inc. | $23M | 1.2% | +7.3% | 2.5 yr |
| CVXChevron Corporation | $22M | 1.2% | +29.2% | 2.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management22.7%+0.7pp$435M
Semiconductors6.8%+1.4pp$130M
Drug Manufacturers - General5.3%-0.3pp$101M
Internet Content & Information4.9%+0.8pp$94M
Software - Infrastructure3.6%-0.5pp$69M
Consumer Electronics3.5%-0.8pp$67M
Banks - Diversified2.9%-0.2pp$55M
Aerospace & Defense2.7%+0.2pp$51M
Oil & Gas Integrated2.7%-0.2pp$51M
Asset Management - Income2.6%-1.4pp$49M
Country
US96.0%-0.9pp
Unknown0.9%+0.7pp
IE0.8%+0.1pp
GB0.7%+0.1pp
CA0.4%+0.1pp
CH0.3%+0.1pp
TW0.2%+0.1pp
SG0.2%+0.2pp
Top 5: 13.7% · Top 10: 21.0% · Top 25: 37.3%
Top buys this quarter · 15
| AMZN Amazon.com, Inc. | +$6M |
| NFLX Netflix, Inc. | +$5M |
| MSFT Microsoft Corporation | +$29M |
| CEG Constellation Energy Corporati | +$2M |
| COP ConocoPhillips | +$2M |
| HUBS HubSpot, Inc. | +$2M |
| AAPL Apple Inc. | +$67M |
| MRK Merck & Co., Inc. | +$2M |
| PSX Phillips 66 | +$2M |
| ABBV AbbVie Inc. | +$1M |
Top sells this quarter · 15
| CVX Chevron Corporation | −$19M |
| DLR Digital Realty Trust, Inc. | −$4M |
| BLD TopBuild Corp. | −$4M |
| GD General Dynamics Corporation | −$3M |
| MMM 3M Company | −$2M |
| WMT Walmart Inc. | −$2M |
| EPD Enterprise Products Partners L | −$2M |
| FDX FedEx Corporation | −$2M |
| PRDO Perdoceo Education Corporation | −$1M |
| DVN Devon Energy Corporation | −$3M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.91B | 3605 | +18.48% | +17.59% | +0.89% | +0.11B |
| 2025-12-31 | $1.82B | 3425 | +16.15% | +17.72% | -1.57% | +0.02B |
| 2025-09-30 | $1.77B | 3133 | +15.51% | +17.52% | -2.01% | +0.04B |
| 2025-06-30 | $1.60B | 3014 | +13.38% | +14.94% | -1.56% | -0.03B |
| 2025-03-31 | $1.49B | 3021 | +5.30% | +8.30% | -3.00% | +0.01B |
| 2024-12-31 | $1.53B | 2947 | +16.55% | +24.89% | -8.34% | -0.02B |
| 2024-09-30 | $1.53B | 2889 | +6.37% | +5.75% | +0.62% | -0.00B |
| 2024-06-30 | $1.44B | 2804 | +0.75% | +4.38% | -3.63% | +0.04B |
| 2024-03-31 | $1.38B | 2266 | +7.68% | +10.39% | -2.71% | +0.10B |
| 2023-12-31 | $1.19B | 1354 | — | — | — | — |