Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.44%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.78%
steady accumulation
Rally response
-0.36%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| AAPLApple Inc. | $82M | 5.2% | +14.7% | 10.5 yr |
| MSFTMicrosoft Corporation | $53M | 3.4% | -0.6% | 10.5 yr |
| AVGOBroadcom Inc. | $52M | 3.3% | +86.0% | 3.8 yr |
| GOOGLAlphabet Inc. | $44M | 2.8% | — | 10.5 yr |
| AMZNAmazon.com, Inc. | $39M | 2.5% | +9.5% | 9.8 yr |
| GOOGAlphabet Inc. | $35M | 2.2% | +84.3% | 10.5 yr |
| XOMExxon Mobil Corporation | $35M | 2.2% | +47.6% | 10.5 yr |
| RTXRTX Corporation | $34M | 2.2% | +48.1% | 6.3 yr |
| JNJJohnson & Johnson | $33M | 2.1% | +51.5% | 10.5 yr |
| MAMastercard Incorporated | $33M | 2.1% | -8.5% | 10.5 yr |
| COSTCostco Wholesale Corpora | $31M | 2.0% | +5.9% | 7.0 yr |
| BRK-BBerkshire Hathaway Inc. | $29M | 1.9% | — | 10.5 yr |
| DELLDell Technologies Inc. | $29M | 1.9% | +83.4% | 3.8 yr |
| TJXThe TJX Companies, Inc. | $29M | 1.8% | +32.7% | 7.0 yr |
| JPMJPMorgan Chase & Co. | $28M | 1.8% | +21.8% | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors8.1%+3.9pp$127M
Internet Content & Information6.4%+1.0pp$101M
Asset Management5.9%+3.9pp$91M
Consumer Electronics5.2%-0.7pp$82M
Aerospace & Defense4.8%+0.9pp$75M
Specialty Retail4.4%-1.1pp$68M
Software - Infrastructure3.9%-0.7pp$60M
Drug Manufacturers - General3.7%-0.6pp$58M
Oil & Gas Integrated3.7%+0.1pp$57M
Medical - Devices3.6%+0.1pp$55M
Country
US94.8%+1.4pp
IE2.2%-0.1pp
CH1.3%-0.2pp
GB1.2%-0.2pp
TW0.2%+0.0pp
Unknown0.1%-0.0pp
CA0.1%+0.0pp
LU0.1%+0.0pp
Top 5: 17.3% · Top 10: 28.2% · Top 25: 51.8%
Top buys this quarter · 15
| NVDA NVIDIA Corporation | +$17M |
| IBM International Business Machine | +$11M |
| LITE Lumentum Holdings Inc. | +$3M |
| MU Micron Technology, Inc. | +$1M |
| NFLX Netflix, Inc. | +$1M |
| AMZN Amazon.com, Inc. | +$39M |
| VRT Vertiv Holdings Conew | +$1M |
| WMT Walmart Inc. | +$1M |
| AON Aon plc | +$10M |
| TER Teradyne, Inc.new | +$1M |
Top sells this quarter · 15
| XOM Exxon Mobil Corporation | −$25M |
| COST Costco Wholesale Corporation | −$27M |
| META Meta Platforms, Inc. | −$20M |
| CB Chubb Limited | −$19M |
| PM Philip Morris International In | −$19M |
| MCD McDonald's Corporation | −$17M |
| DIS The Walt Disney Company | −$13M |
| CRM Salesforce, Inc. | −$11M |
| COP ConocoPhillips | −$10M |
| HSY The Hershey Company | −$7M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.56B | 434 | +19.48% | +17.59% | +1.89% | +0.01B |
| 2025-12-31 | $1.54B | 394 | +15.62% | +17.72% | -2.10% | +0.06B |
| 2025-09-30 | $1.45B | 284 | +15.03% | +17.52% | -2.49% | +0.00B |
| 2025-06-30 | $1.34B | 284 | +13.05% | +14.94% | -1.89% | +0.08B |
| 2025-03-31 | $1.16B | 251 | +6.08% | +8.30% | -2.23% | +0.02B |
| 2024-12-31 | $1.17B | 227 | +18.95% | +24.89% | -5.94% | -0.01B |
| 2024-09-30 | $1.16B | 232 | +29.49% | +36.04% | -6.54% | +0.00B |
| 2024-06-30 | $1.10B | 222 | +17.76% | +24.49% | -6.73% | +0.02B |
| 2024-03-31 | $1.06B | 225 | +23.56% | +29.62% | -6.06% | +0.01B |
| 2023-12-31 | $966M | 225 | +18.33% | +26.18% | -7.85% | -0.01B |
| 2023-09-30 | $887M | 217 | +18.17% | +21.57% | -3.40% | -0.00B |
| 2023-06-30 | $924M | 221 | +17.37% | +19.42% | -2.06% | -0.01B |
| 2023-03-31 | $876M | 219 | -4.66% | -7.82% | +3.16% | +0.01B |
| 2022-12-31 | $831M | 220 | -13.00% | -18.17% | +5.17% | +0.01B |
| 2022-09-30 | $744M | 208 | -12.27% | -15.51% | +3.24% | -0.00B |
| 2022-06-30 | $782M | 224 | -7.69% | -10.62% | +2.93% | -0.02B |