Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-1.79%
trims when stocks drop
when a holding falls −10%+
Middle response
-1.82%
baseline attrition
Rally response
-1.03%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VTIVanguard Total Stock Mar | $31M | 10.8% | — | 3.8 yr |
| IVWiShares S&P 500 Growth E | $18M | 6.1% | — | 3.8 yr |
| USMViShares MSCI USA Min Vol | $17M | 5.7% | — | 3.8 yr |
| NVDANVIDIA Corporation | $11M | 3.9% | +60.9% | 3.5 yr |
| ILCViShares Morningstar Valu | $9M | 3.0% | — | 3.8 yr |
| IVViShares Core S&P 500 ETF | $8M | 2.8% | — | 3.8 yr |
| VEUVanguard FTSE All-World | $8M | 2.6% | — | 3.8 yr |
| AAPLApple Inc. | $7M | 2.4% | +14.7% | 3.8 yr |
| VIGVanguard Dividend Apprec | $7M | 2.3% | — | 3.8 yr |
| XTiShares Future Exponenti | $6M | 2.2% | — | 3.8 yr |
| FVDFirst Trust Value Line D | $6M | 2.2% | — | 3.8 yr |
| SPYState Street SPDR S&P 50 | $6M | 2.1% | +17.6% | 3.8 yr |
| MDYState Street SPDR S&P MI | $6M | 2.0% | — | 3.8 yr |
| VUGVanguard Growth ETF | $5M | 1.8% | — | 3.8 yr |
| GOOGLAlphabet Inc. | $5M | 1.8% | — | 3.8 yr |
Portfolio composition (YoY)
Industry mix
Asset Management68.2%+4.4pp$197M
Semiconductors4.4%-0.7pp$13M
Internet Content & Information2.9%-0.1pp$9M
Asset Management - Bonds2.9%-0.7pp$8M
Consumer Electronics2.4%-0.5pp$7M
Aerospace & Defense1.8%+0.1pp$5M
Drug Manufacturers - General1.7%-0.3pp$5M
Oil & Gas Integrated1.7%+0.4pp$5M
Specialty Retail1.7%-0.3pp$5M
Banks - Diversified1.4%-0.2pp$4M
Country
US98.5%-0.5pp
Unknown0.7%+0.6pp
IE0.3%-0.1pp
GB0.2%-0.0pp
CA0.2%-0.0pp
SG0.1%+0.1pp
DK0.0%-0.0pp
NL0.0%+0.0pp
Top 5: 29.5% · Top 10: 41.9% · Top 25: 65.7%
Top buys this quarter · 15
| XOM Exxon Mobil Corporation | +$0M |
| BAC Bank of America Corporation | +$1M |
| DELL Dell Technologies Inc.new | +$0M |
| HON Honeywell International Inc. | +$0M |
| UNH UnitedHealth Group Incorporate | +$0M |
| AMD Advanced Micro Devices, Inc. | +$0M |
| NFLX Netflix, Inc. | +$0M |
| JNJ Johnson & Johnson | +$0M |
| ARM Arm Holdings plc American Deponew | +$0M |
| JPM JPMorgan Chase & Co. | +$3M |
Top sells this quarter · 15
| GOOG Alphabet Inc.exit | −$3M |
| NVDA NVIDIA Corporation | −$2M |
| META Meta Platforms, Inc. | −$1M |
| TSM Taiwan Semiconductor Manufactuexit | −$1M |
| MSFT Microsoft Corporation | −$1M |
| VRT Vertiv Holdings Co | −$0M |
| PANW Palo Alto Networks, Inc. | −$0M |
| AMZN Amazon.com, Inc. | −$0M |
| CRWD CrowdStrike Holdings, Inc. | −$0M |
| AVGO Broadcom Inc. | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $289M | 646 | +23.71% | +17.59% | +6.12% | -0.00B |
| 2025-12-31 | $299M | 656 | +21.20% | +17.72% | +3.48% | +0.00B |
| 2025-09-30 | $290M | 631 | +22.14% | +17.52% | +4.63% | +0.00B |
| 2025-06-30 | $265M | 633 | +17.50% | +14.94% | +2.56% | +0.00B |
| 2025-03-31 | $231M | 613 | +6.63% | +8.30% | -1.67% | +0.01B |
| 2024-12-31 | $236M | 603 | +22.12% | +24.89% | -2.76% | -0.00B |
| 2024-09-30 | $229M | 572 | +31.35% | +36.04% | -4.69% | -0.00B |
| 2024-06-30 | $220M | 589 | +21.25% | +24.49% | -3.24% | +0.00B |
| 2024-03-31 | $210M | 609 | +26.02% | +29.62% | -3.60% | +0.01B |
| 2023-12-31 | $183M | 611 | +20.24% | +26.18% | -5.93% | -0.00B |
| 2023-09-30 | $169M | 627 | +14.56% | +21.57% | -7.01% | +0.00B |
| 2023-06-30 | $171M | 606 | +7.63% | +8.68% | -1.05% | +0.00B |
| 2023-03-31 | $155M | 587 | +4.01% | +7.46% | -3.45% | -0.00B |
| 2022-12-31 | $149M | 583 | +5.70% | +7.56% | -1.86% | -0.01B |
| 2022-09-30 | $149M | 583 | — | — | — | — |