Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-6.26%
trims when stocks drop
when a holding falls −10%+
Middle response
-1.30%
baseline attrition
Rally response
+1.48%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| WSMWilliams-Sonoma, Inc. | $1.40B | 72.1% | +17.1% | 10.5 yr |
| LLYEli Lilly and Company | $134M | 6.9% | +12.2% | 10.5 yr |
| AAPLApple Inc. | $63M | 3.2% | +14.7% | 10.5 yr |
| ABBVAbbVie Inc. | $57M | 2.9% | +7.3% | 10.5 yr |
| CATCaterpillar Inc. | $42M | 2.2% | +117.8% | 10.5 yr |
| ABTAbbott Laboratories | $28M | 1.4% | -21.1% | 10.5 yr |
| MSFTMicrosoft Corporation | $24M | 1.3% | -0.6% | 8.8 yr |
| NVDANVIDIA Corporation | $24M | 1.3% | +60.9% | 2.5 yr |
| ETEnergy Transfer LP | $23M | 1.2% | +12.1% | 5.3 yr |
| MRKMerck & Co., Inc. | $20M | 1.0% | +38.9% | 10.5 yr |
| BMYBristol-Myers Squibb Com | $17M | 0.9% | +3.4% | 10.5 yr |
| JNJJohnson & Johnson | $16M | 0.8% | +51.5% | 10.5 yr |
| ZTSZoetis Inc. | $11M | 0.6% | -27.2% | 10.5 yr |
| BRK-BBerkshire Hathaway Inc. | $10M | 0.5% | — | 10.5 yr |
| MAMastercard Incorporated | $10M | 0.5% | -8.5% | 10.3 yr |
Portfolio composition (YoY)
Industry mix
Specialty Retail72.5%+0.7pp$1.41B
Drug Manufacturers - General13.2%-1.1pp$257M
Consumer Electronics3.2%-0.1pp$63M
Agricultural - Machinery2.2%+1.0pp$42M
Medical - Devices1.7%-1.0pp$32M
Oil & Gas Midstream1.4%+1.2pp$27M
Software - Infrastructure1.3%-0.3pp$25M
Semiconductors1.3%+0.4pp$24M
Insurance - Diversified0.7%-0.2pp$14M
Financial - Credit Services0.5%-0.1pp$10M
Country
US100.0%+0.0pp
Top 5: 87.4% · Top 10: 93.5% · Top 25: 99.5%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.94B | 49 | +16.09% | +17.59% | -1.51% | -0.01B |
| 2025-12-31 | $1.94B | 50 | +3.72% | +17.72% | -14.00% | -0.01B |
| 2025-09-30 | $2.02B | 51 | +20.97% | +17.52% | +3.46% | -0.01B |
| 2025-06-30 | $1.73B | 49 | +11.60% | +14.94% | -3.35% | -0.03B |
| 2025-03-31 | $1.72B | 49 | +3.48% | +8.30% | -4.82% | -0.01B |
| 2024-12-31 | $1.93B | 50 | +54.94% | +24.89% | +30.06% | -0.03B |
| 2024-09-30 | $1.74B | 52 | +61.74% | +36.04% | +25.70% | -0.00B |
| 2024-06-30 | $1.61B | 53 | +61.45% | +24.49% | +36.96% | -0.04B |
| 2024-03-31 | $1.74B | 53 | +80.95% | +29.62% | +51.33% | +0.07B |
| 2023-12-31 | $1.25B | 52 | +39.13% | +26.18% | +12.96% | +0.03B |
| 2023-09-30 | $1.04B | 51 | +24.88% | +21.57% | +3.32% | +0.04B |
| 2023-06-30 | $932M | 51 | +13.34% | +19.42% | -6.08% | -0.02B |
| 2023-03-31 | $896M | 52 | -8.34% | -7.82% | -0.52% | +0.01B |
| 2022-12-31 | $863M | 52 | -15.21% | -18.17% | +2.97% | -0.03B |
| 2022-09-30 | $842M | 52 | -10.76% | -15.51% | +4.75% | -0.00B |
| 2022-06-30 | $863M | 52 | -8.11% | -10.62% | +2.51% | -0.04B |