Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-3.16%
trims when stocks drop
when a holding falls −10%+
Middle response
-0.11%
baseline attrition
Rally response
-1.30%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| LOWLowe's Companies, Inc. | $329M | 9.7% | +3.4% | 10.3 yr |
| NVDANVIDIA Corporation | $243M | 7.1% | +60.9% | 9.0 yr |
| AAPLApple Inc. | $242M | 7.1% | +14.7% | 10.3 yr |
| MSFTMicrosoft Corporation | $145M | 4.3% | -0.6% | 10.3 yr |
| GOOGAlphabet Inc. | $142M | 4.2% | +84.3% | 10.3 yr |
| AMZNAmazon.com, Inc. | $101M | 3.0% | +9.5% | 10.3 yr |
| METAMeta Platforms, Inc. | $90M | 2.6% | -0.4% | 10.3 yr |
| PLTRPalantir Technologies In | $85M | 2.5% | +73.3% | 5.0 yr |
| BRK-BBerkshire Hathaway Inc. | $82M | 2.4% | — | 10.3 yr |
| GOOGLAlphabet Inc. | $77M | 2.3% | — | 10.3 yr |
| LLYEli Lilly and Company | $72M | 2.1% | +12.2% | 10.3 yr |
| JPMJPMorgan Chase & Co. | $71M | 2.1% | +21.8% | 10.3 yr |
| MUMicron Technology, Inc. | $69M | 2.0% | +289.6% | 9.0 yr |
| BACBank of America Corporat | $55M | 1.6% | +19.4% | 10.3 yr |
| AMDAdvanced Micro Devices, | $54M | 1.6% | +98.0% | 7.8 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors13.8%+4.9pp$470M
Home Improvement9.9%-1.8pp$337M
Internet Content & Information9.2%+1.6pp$314M
Asset Management8.3%+0.2pp$283M
Software - Infrastructure7.2%-1.3pp$246M
Consumer Electronics7.1%-0.5pp$242M
Drug Manufacturers - General5.6%+0.3pp$192M
Banks - Diversified4.8%+0.2pp$163M
Specialty Retail3.2%-0.2pp$110M
Insurance - Diversified2.6%-0.9pp$89M
Country
US94.4%-0.8pp
BR1.2%+0.1pp
IE1.0%-0.1pp
TW0.8%+0.3pp
Unknown0.7%-0.2pp
CA0.4%+0.0pp
GB0.3%+0.1pp
CH0.3%+0.3pp
Top 5: 32.3% · Top 10: 45.1% · Top 25: 65.2%
Top buys this quarter · 15
| NVS Novartis AG | +$10M |
| CTAS Cintas Corporation | +$8M |
| ADBE Adobe Inc. | +$3M |
| PANW Palo Alto Networks, Inc. | +$2M |
| NVO Novo Nordisk A/S | +$2M |
| MTZ MasTec, Inc.new | +$1M |
| MRVL Marvell Technology, Inc. | +$1M |
| SNDK Sandisk Corporationnew | +$1M |
| AMZN Amazon.com, Inc. | +$101M |
| MSFT Microsoft Corporation | +$145M |
Top sells this quarter · 15
| PLTR Palantir Technologies Inc. | −$9M |
| ROP Roper Technologies, Inc. | −$6M |
| HIMS Hims & Hers Health, Inc. | −$6M |
| NVDA NVIDIA Corporation | −$5M |
| OBDC Blue Owl Capital Corporation | −$3M |
| AAPL Apple Inc. | −$2M |
| MRK Merck & Co., Inc. | −$20M |
| GOOG Alphabet Inc. | −$1M |
| PBR Petróleo Brasileiro S.A. - Pe | −$6M |
| ABT Abbott Laboratories | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $3.41B | 1233 | +22.16% | +17.59% | +4.57% | +0.04B |
| 2025-12-31 | $3.54B | 391 | +22.45% | +17.72% | +4.73% | -0.07B |
| 2025-09-30 | $3.49B | 1208 | +18.89% | +17.52% | +1.38% | -0.04B |
| 2025-06-30 | $3.16B | 1167 | +16.14% | +14.94% | +1.20% | -0.04B |
| 2025-03-31 | $2.87B | 1214 | +5.23% | +8.30% | -3.07% | -0.04B |
| 2024-12-31 | $3.05B | 1198 | +24.27% | +24.89% | -0.62% | -0.28B |
| 2024-09-30 | $3.32B | 1185 | +38.37% | +36.04% | +2.34% | -0.07B |
| 2024-06-30 | $3.10B | 1162 | +19.61% | +24.49% | -4.88% | +0.03B |
| 2024-03-31 | $3.05B | 1165 | +33.03% | +29.62% | +3.41% | -0.24B |
| 2023-12-31 | $2.92B | 1105 | +25.61% | +26.18% | -0.57% | -0.01B |
| 2023-09-30 | $2.62B | 1095 | +19.23% | +21.57% | -2.34% | +0.02B |
| 2023-06-30 | $2.75B | 1145 | +25.49% | +19.42% | +6.06% | -0.04B |
| 2023-03-31 | $2.50B | 1112 | -4.15% | -7.82% | +3.67% | +0.01B |
| 2022-12-31 | $2.34B | 1088 | -13.98% | -18.17% | +4.19% | +0.01B |
| 2022-09-30 | $2.20B | 1021 | -9.82% | -15.51% | +5.68% | +0.01B |
| 2022-06-30 | $2.19B | 1050 | -8.78% | -10.62% | +1.84% | +0.01B |