Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.13%
trims when stocks drop
when a holding falls −10%+
Middle response
-5.54%
baseline attrition
Rally response
+0.06%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $506M | 5.7% | +60.9% | 8.8 yr |
| AAPLApple Inc. | $432M | 4.9% | +14.7% | 10.5 yr |
| GOOGAlphabet Inc. | $430M | 4.8% | +84.3% | 10.3 yr |
| MSFTMicrosoft Corporation | $360M | 4.1% | -0.6% | 10.5 yr |
| AMZNAmazon.com, Inc. | $286M | 3.2% | +9.5% | 10.5 yr |
| JCPBJPMorgan Core Plus Bond | $275M | 3.1% | — | 1.3 yr |
| AVGOBroadcom Inc. | $232M | 2.6% | +86.0% | 8.0 yr |
| DFCFDimensional - Core Fixed | $192M | 2.2% | — | 1.8 yr |
| AGGiShares Core U.S. Aggreg | $181M | 2.0% | — | 3.3 yr |
| XLEState Street Energy Sele | $164M | 1.8% | — | 3.8 yr |
| METAMeta Platforms, Inc. | $163M | 1.8% | -0.4% | 10.5 yr |
| DFAXDimensional - World ex U | $163M | 1.8% | — | 1.8 yr |
| JPMJPMorgan Chase & Co. | $153M | 1.7% | +21.8% | 10.5 yr |
| XLUState Street Utilities S | $147M | 1.7% | — | 5.8 yr |
| JIREJPMorgan International R | $127M | 1.4% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management17.3%-11.5pp$1.54B
Semiconductors13.8%+5.9pp$1.23B
Internet Content & Information6.7%+1.5pp$596M
Software - Infrastructure5.2%-0.1pp$458M
Consumer Electronics4.9%+0.1pp$434M
Asset Management - Bonds4.8%+3.0pp$424M
Specialty Retail3.4%+0.3pp$305M
Drug Manufacturers - General3.1%-0.4pp$274M
Banks - Diversified2.7%+0.2pp$244M
Software - Application2.5%-0.1pp$219M
Country
US93.4%-2.6pp
IE1.4%+0.3pp
TW1.2%+0.9pp
NL1.1%+0.3pp
GB1.0%+0.1pp
CA0.7%+0.2pp
CH0.4%-0.0pp
JP0.2%
Top 5: 22.7% · Top 10: 34.4% · Top 25: 54.3%
Top buys this quarter · 15
| CRWD CrowdStrike Holdings, Inc.new | +$37M |
| PFGC Performance Food Group Company | +$32M |
| CDNS Cadence Design Systems, Inc. | +$20M |
| DDOG Datadog, Inc. | +$17M |
| INTU Intuit Inc. | +$16M |
| ALGN Align Technology, Inc. | +$14M |
| DTE DTE Energy Companynew | +$13M |
| PPL PPL Corporationnew | +$13M |
| LRCX Lam Research Corporationnew | +$13M |
| FN Fabrinetnew | +$12M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $8.89B | 196 | +21.44% | +17.59% | +3.84% | -0.45B |
| 2025-12-31 | $9.86B | 196 | +21.16% | +17.72% | +3.45% | -0.77B |
| 2025-09-30 | $10.27B | 195 | +20.95% | +17.52% | +3.44% | +0.24B |
| 2025-06-30 | $9.15B | 162 | +16.02% | +14.94% | +1.07% | -0.60B |
| 2025-03-31 | $8.62B | 167 | +6.20% | +8.30% | -2.10% | -0.12B |
| 2024-12-31 | $9.25B | 172 | +22.21% | +24.89% | -2.68% | -0.74B |
| 2024-09-30 | $9.67B | 173 | +31.58% | +36.04% | -4.45% | +0.44B |
| 2024-06-30 | $8.78B | 170 | +20.52% | +24.49% | -3.97% | -0.23B |
| 2024-03-31 | $8.71B | 169 | +27.04% | +29.62% | -2.58% | -0.05B |
| 2023-12-31 | $8.05B | 162 | +27.22% | +26.18% | +1.04% | +0.07B |
| 2023-09-30 | $7.17B | 156 | +22.25% | +21.57% | +0.68% | +0.64B |
| 2023-06-30 | $6.78B | 142 | +21.45% | +19.42% | +2.02% | -0.20B |
| 2023-03-31 | $6.40B | 147 | -4.18% | -7.82% | +3.64% | -0.80B |
| 2022-12-31 | $6.61B | 146 | +6.92% | +7.56% | -0.64% | +0.10B |
| 2022-09-30 | $6.09B | 144 | -4.34% | -4.93% | +0.59% | +0.26B |
| 2022-06-30 | $6.10B | 144 | -13.93% | -16.11% | +2.18% | -0.27B |