Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.91%
trims when stocks drop
when a holding falls −10%+
Middle response
+2.44%
steady accumulation
Rally response
+3.03%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VOOVanguard S&P 500 ETF | $119M | 6.6% | — | 9.0 yr |
| IVViShares Core S&P 500 ETF | $103M | 5.7% | — | 9.0 yr |
| IWDiShares Russell 1000 Val | $77M | 4.2% | — | 7.0 yr |
| FNDFSchwab Fundamental Inter | $74M | 4.1% | — | 2.0 yr |
| VFLOVictoryShares Free Cash | $42M | 2.3% | — | 2.0 yr |
| IWFiShares Russell 1000 Gro | $37M | 2.0% | — | 8.0 yr |
| AAPLApple Inc. | $33M | 1.8% | +14.7% | 9.5 yr |
| EFAiShares MSCI EAFE ETF | $33M | 1.8% | — | 9.0 yr |
| NVDANVIDIA Corporation | $33M | 1.8% | +60.9% | 9.0 yr |
| QQQInvesco QQQ Trust, Serie | $32M | 1.8% | — | 5.3 yr |
| VBVanguard Small-Cap ETF | $31M | 1.7% | — | 9.0 yr |
| RSPInvesco S&P 500 Equal We | $30M | 1.7% | — | 5.3 yr |
| QQQMInvesco NASDAQ 100 ETF | $26M | 1.5% | — | 3.8 yr |
| BUFRFT Vest Laddered Buffer | $25M | 1.4% | — | 4.5 yr |
| RSMCRockefeller U.S. Small-M | $24M | 1.3% | — | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management63.8%+4.4pp$1.16B
Asset Management - Bonds3.9%+0.3pp$70M
Semiconductors3.3%+0.5pp$59M
Consumer Electronics1.8%-0.4pp$33M
Unknown1.8%+1.2pp$32M
Drug Manufacturers - General1.7%-0.7pp$30M
Software - Infrastructure1.4%-0.5pp$25M
Auto - Manufacturers1.3%+1.0pp$24M
Internet Content & Information1.3%+0.1pp$23M
Asset Management - Leveraged1.1%-0.1pp$20M
Country
US95.8%-2.6pp
Unknown1.8%+1.2pp
IT0.9%
CA0.6%+0.2pp
IE0.3%+0.1pp
KY0.1%+0.1pp
TW0.1%+0.0pp
GB0.1%-0.0pp
Top 5: 22.9% · Top 10: 32.2% · Top 25: 48.8%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| NVDA | $29M | +0.02B | 60.9% |
| CAT | $8M | +0.01B | 117.8% |
| AAPL | $41M | +0.01B | 14.7% |
| AVGO | $6M | +0.01B | 86.0% |
| JPM | $12M | +0.00B | 21.8% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| MSFT | $27M | -0.00B | -0.6% |
Top buys this quarter · 15
| RACE Ferrari N.V.new | +$17M |
| DBCA D. Boral Acquisition I Corp. Cnew | +$2M |
| PPL PPL Corporation | +$2M |
| ACN Accenture plc | +$1M |
| IEAG Infinite Eagle Acquisition Cornew | +$1M |
| SNDK Sandisk Corporationnew | +$1M |
| CRCL Circle Internet Groupnew | +$1M |
| ABT Abbott Laboratories | +$1M |
| COIN Coinbase Global, Inc. | +$1M |
| MEVO M Evo Global Acquisition Corp new | +$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.81B | 909 | +19.93% | +17.59% | +2.34% | -0.41B |
| 2025-12-31 | $2.25B | 1082 | +17.97% | +17.72% | +0.25% | -0.06B |
| 2025-09-30 | $2.28B | 926 | +19.31% | +17.52% | +1.79% | +0.06B |
| 2025-06-30 | $2.04B | 867 | +17.51% | +14.94% | +2.57% | +0.05B |
| 2025-03-31 | $1.81B | 857 | +9.36% | +8.30% | +1.05% | +0.06B |
| 2024-12-31 | $1.80B | 855 | +20.61% | +24.89% | -4.28% | +0.39B |
| 2024-09-30 | $1.37B | 688 | +30.65% | +36.04% | -5.39% | +0.03B |
| 2024-06-30 | $1.25B | 666 | +13.26% | +24.49% | -11.23% | +0.11B |
| 2024-03-31 | $1.11B | 646 | +16.96% | +29.62% | -12.67% | +0.04B |
| 2023-12-31 | $1.00B | 620 | +6.75% | +26.18% | -19.43% | -0.02B |
| 2023-09-30 | $923M | 649 | -46.73% | +21.57% | -68.30% | +0.03B |
| 2023-06-30 | $963M | 622 | -56.84% | +19.42% | -76.27% | -0.00B |
| 2023-03-31 | $915M | 700 | -89.61% | -7.82% | -81.79% | +0.09B |
| 2022-12-31 | $842M | 694 | -89.87% | -18.17% | -71.69% | +0.44B |
| 2022-09-30 | $729M | 553 | -79.74% | -15.51% | -64.23% | +0.11B |
| 2022-06-30 | $819M | 720 | -72.92% | -10.62% | -62.30% | +0.50B |