Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.36%
trims when stocks drop
when a holding falls −10%+
Middle response
-9.97%
baseline attrition
Rally response
-11.07%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| OSCROscar Health, Inc. | $30M | 14.2% | -12.5% | 4.8 yr |
| TSMTaiwan Semiconductor Man | $21M | 10.1% | +105.6% | 1.8 yr |
| VRTVertiv Holdings Co | $18M | 8.5% | +247.5% | 1.5 yr |
| NUNu Holdings Ltd. | $13M | 6.2% | +40.3% | 4.5 yr |
| TOSTToast, Inc. | $11M | 5.5% | -20.1% | 4.8 yr |
| IOTSamsara Inc. | $10M | 4.9% | -17.3% | 1.3 yr |
| FPSForgent Power Solutions, | $10M | 4.8% | — | 0.3 yr |
| ANETArista Networks, Inc. | $9M | 4.5% | +58.5% | 1.5 yr |
| NETCloudflare, Inc. | $9M | 4.3% | +83.1% | 2.0 yr |
| CRWDCrowdStrike Holdings, In | $9M | 4.2% | +10.7% | 5.8 yr |
| PLTRPalantir Technologies In | $9M | 4.2% | +73.3% | 2.3 yr |
| HOODRobinhood Markets, Inc. | $8M | 4.0% | +66.5% | 0.3 yr |
| APPAppLovin Corporation | $8M | 3.9% | +50.2% | 0.8 yr |
| LITELumentum Holdings Inc. | $8M | 3.8% | +1027.3% | 0.8 yr |
| CRWVCoreWeave, Inc. Class A | $8M | 3.8% | +108.9% | 0.3 yr |
Portfolio composition (YoY)
Industry mix
Software - Infrastructure29.4%-3.0pp$62M
Medical - Healthcare Plans14.2%+3.5pp$30M
Electrical Equipment & Parts13.3%+9.2pp$28M
Software - Application10.6%-9.6pp$22M
Semiconductors10.2%+5.3pp$21M
Banks - Diversified6.2%+0.1pp$13M
Computer Hardware4.5%+2.4pp$9M
Financial - Capital Markets4.0%$8M
Communication Equipment3.8%+3.8pp$8M
Electronic Gaming & Multimedia3.5%$7M
Country
US83.6%+17.8pp
TW10.1%+5.3pp
BR6.2%+0.1pp
Unknown0.1%-12.0pp
CA0.0%
UY0.0%-0.0pp
Top 5: 44.5% · Top 10: 67.2% · Top 25: 99.8%
Top buys this quarter · 15
| FPS Forgent Power Solutions, Inc.new | +$10M |
| HOOD Robinhood Markets, Inc.new | +$8M |
| LITE Lumentum Holdings Inc. | +$8M |
| CRWV CoreWeave, Inc. Class A Commonnew | +$8M |
| RBLX Roblox Corporation | +$3M |
| IOT Samsara Inc. | +$3M |
| APP AppLovin Corporation | +$8M |
| AMAT Applied Materials, Inc.new | +$0M |
| LRCX Lam Research Corporationnew | +$0M |
| TTMI TTM Technologies, Inc.new | +$0M |
Top sells this quarter · 15
| PLTR Palantir Technologies Inc. | −$211M |
| VRT Vertiv Holdings Co | −$13M |
| KVYO Klaviyo, Inc.exit | −$9M |
| SNOW Snowflake Inc. | −$6M |
| MDB MongoDB, Inc. | −$5M |
| TSM Taiwan Semiconductor Manufactu | −$5M |
| NU Nu Holdings Ltd. | −$5M |
| TEAM Atlassian Corporationexit | −$5M |
| OPRT Oportun Financial Corporationexit | −$3M |
| DDOG Datadog, Inc. | −$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $209M | 42 | +136.67% | +17.59% | +119.08% | -0.27B |
| 2025-12-31 | $291M | 37 | +26.91% | +17.72% | +9.20% | -0.02B |
| 2025-09-30 | $317M | 35 | +44.21% | +17.52% | +26.69% | -0.15B |
| 2025-06-30 | $445M | 47 | +42.37% | +14.94% | +27.43% | -0.09B |
| 2025-03-31 | $380M | 48 | -1.46% | +8.30% | -9.76% | +0.01B |
| 2024-12-31 | $424M | 50 | +19.01% | +24.89% | -5.87% | -0.06B |
| 2024-09-30 | $437M | 47 | +30.53% | +36.04% | -5.51% | -0.07B |
| 2024-06-30 | $495M | 39 | +21.88% | +24.49% | -2.61% | -0.03B |
| 2024-03-31 | $534M | 40 | +48.24% | +29.62% | +18.62% | -0.04B |
| 2023-12-31 | $535M | 42 | +57.53% | +26.18% | +31.35% | -0.02B |
| 2023-09-30 | $460M | 43 | +8.59% | +21.57% | -12.98% | +0.03B |
| 2023-06-30 | $451M | 42 | +12.26% | +19.42% | -7.17% | -0.05B |
| 2023-03-31 | $420M | 45 | -39.58% | -7.82% | -31.77% | -0.05B |
| 2022-12-31 | $413M | 47 | -16.35% | +7.56% | -23.91% | +0.02B |
| 2022-09-30 | $469M | 49 | -0.96% | -4.93% | +3.97% | -0.01B |
| 2022-06-30 | $481M | 49 | -35.68% | -16.11% | -19.57% | +0.00B |