Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+0.51%
adds when stocks drop
when a holding falls −10%+
Middle response
-1.81%
baseline attrition
Rally response
-2.50%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VTIVanguard Total Stock Mar | $108M | 23.6% | — | 8.5 yr |
| IWDiShares Russell 1000 Val | $80M | 17.5% | — | 8.5 yr |
| QUALiShares MSCI USA Quality | $59M | 13.0% | — | 3.3 yr |
| DFIVDimensional - Internatio | $33M | 7.3% | — | 1.0 yr |
| GARPiShares MSCI USA Quality | $30M | 6.6% | — | 2.5 yr |
| CGSDCapital Group Short Dura | $15M | 3.3% | — | 0.8 yr |
| VOOVanguard S&P 500 ETF | $12M | 2.6% | — | 8.5 yr |
| IWFiShares Russell 1000 Gro | $8M | 1.8% | — | 8.5 yr |
| TFLOiShares Treasury Floatin | $8M | 1.8% | — | 7.8 yr |
| AAPLApple Inc. | $8M | 1.8% | +14.7% | 8.5 yr |
| DVYiShares Select Dividend | $6M | 1.2% | — | 8.5 yr |
| TEQIT. Rowe Price Equity Inc | $5M | 1.1% | — | 1.5 yr |
| MSFTMicrosoft Corporation | $5M | 1.1% | -0.6% | 8.5 yr |
| CGDVCapital Group Dividend V | $3M | 0.7% | — | 1.0 yr |
| IWBiShares Russell 1000 ETF | $2M | 0.5% | — | 4.0 yr |
Portfolio composition (YoY)
Industry mix
Asset Management85.2%+5.8pp$388M
Asset Management - Bonds2.6%-6.9pp$12M
Consumer Electronics1.8%-0.0pp$8M
Asset Management - Income1.5%+1.0pp$7M
Software - Infrastructure1.3%-0.0pp$6M
Drug Manufacturers - General0.6%+0.1pp$3M
Asset Management - Global0.6%+0.3pp$3M
Semiconductors0.6%+0.3pp$3M
Regulated Electric0.5%-0.0pp$2M
Banks - Diversified0.4%+0.0pp$2M
Country
US99.6%-0.1pp
NL0.1%
GB0.1%-0.0pp
IE0.1%-0.0pp
CA0.1%
Unknown0.0%-0.0pp
Top 5: 68.0% · Top 10: 79.2% · Top 25: 87.7%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| AAPL | $6M | +0.00B | 14.7% |
| TSLA | $2M | +0.00B | 43.4% |
| CAT | $0M | +0.00B | 117.8% |
| NVDA | $1M | +0.00B | 60.9% |
| AMZN | $1M | +0.00B | 9.5% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| MSFT | $4M | -0.00B | -0.6% |
Top buys this quarter · 15
| AAPL Apple Inc. | +$1M |
| MSFT Microsoft Corporation | +$5M |
| CCL Carnival Corporation & plc | +$0M |
| AA Alcoa Corporation | +$0M |
| ABBV AbbVie Inc. | +$0M |
| CMI Cummins Inc.new | +$0M |
| KMB Kimberly-Clark Corporation | +$0M |
| TSLA Tesla, Inc. | +$1M |
| AMZN Amazon.com, Inc. | +$0M |
| DE Deere & Company | +$0M |
Top sells this quarter · 15
| LOW Lowe's Companies, Inc.exit | −$0M |
| HD The Home Depot, Inc.exit | −$0M |
| TROW T. Rowe Price Group, Inc.exit | −$0M |
| ADP Automatic Data Processing, Incexit | −$0M |
| UNH UnitedHealth Group Incorporateexit | −$0M |
| PYPL PayPal Holdings, Inc.exit | −$0M |
| MKC McCormick & Company, Incorporaexit | −$0M |
| PEP PepsiCo, Inc. | −$0M |
| FCX Freeport-McMoRan Inc. | −$1M |
| XOM Exxon Mobil Corporation | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $456M | 130 | +15.80% | +17.59% | -1.79% | +0.03B |
| 2025-12-31 | $455M | 126 | +16.27% | +17.72% | -1.44% | +0.01B |
| 2025-09-30 | $440M | 123 | +19.53% | +17.52% | +2.02% | -0.02B |
| 2025-06-30 | $419M | 116 | +18.11% | +14.94% | +3.17% | +0.02B |
| 2025-03-31 | $362M | 94 | +14.46% | +8.30% | +6.15% | +0.02B |
| 2024-12-31 | $361M | 89 | +25.33% | +24.89% | +0.44% | -0.01B |
| 2024-09-30 | $359M | 89 | +32.42% | +36.04% | -3.61% | -0.00B |
| 2024-06-30 | $328M | 83 | +14.47% | +24.49% | -10.02% | +0.00B |
| 2024-03-31 | $307M | 86 | +19.28% | +29.62% | -10.35% | +0.03B |
| 2023-12-31 | $270M | 79 | +22.61% | +26.18% | -3.57% | +0.02B |
| 2023-09-30 | $230M | 73 | +19.43% | +21.57% | -2.13% | +0.02B |
| 2023-06-30 | $227M | 78 | +18.69% | +19.42% | -0.74% | +0.00B |
| 2023-03-31 | $205M | 76 | -5.30% | -7.82% | +2.52% | +0.01B |
| 2022-12-31 | $182M | 67 | -15.65% | -18.17% | +2.52% | +0.01B |
| 2022-09-30 | $158M | 59 | -12.45% | -15.51% | +3.06% | +0.01B |
| 2022-06-30 | $162M | 65 | -6.45% | -10.62% | +4.18% | -0.00B |