Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-2.44%
trims when stocks drop
when a holding falls −10%+
Middle response
-2.65%
baseline attrition
Rally response
-9.43%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| PHINPHINIA Inc. | $11M | 6.7% | +64.6% | 2.8 yr |
| TPHTri Pointe Homes, Inc. | $10M | 6.1% | +46.4% | 3.8 yr |
| PLABPhotronics, Inc. | $8M | 4.8% | +94.7% | 1.5 yr |
| AXAxos Financial, Inc. | $8M | 4.8% | +31.9% | 3.0 yr |
| NATLNCR Atleos Corporation | $7M | 4.1% | +65.2% | 2.5 yr |
| ITGRInteger Holdings Corpora | $7M | 3.9% | -25.4% | 0.5 yr |
| CNOCNO Financial Group, Inc | $6M | 3.8% | +0.3% | 6.3 yr |
| VTOLBristow Group Inc. | $6M | 3.6% | +48.9% | 0.8 yr |
| HAEHaemonetics Corporation | $5M | 3.3% | -11.3% | 1.3 yr |
| CVSACovista Inc. | $5M | 3.3% | +14.5% | 3.8 yr |
| BHFBrighthouse Financial, I | $5M | 3.2% | +3.3% | 5.3 yr |
| TRSTriMas Corporation | $5M | 3.2% | +54.1% | 0.3 yr |
| ECVTEcovyst Inc. | $5M | 3.1% | +107.4% | 0.5 yr |
| THCTenet Healthcare Corpora | $5M | 3.1% | +40.3% | 3.5 yr |
| QCRHQCR Holdings, Inc. | $5M | 2.8% | +20.2% | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Banks - Regional11.1%+3.5pp$19M
Software - Application7.4%-0.1pp$12M
Insurance - Life7.0%-0.8pp$12M
Auto - Parts6.7%+2.0pp$11M
Residential Construction6.1%+1.5pp$10M
Chemicals - Specialty5.7%+3.4pp$10M
Medical - Devices5.1%+3.8pp$9M
Semiconductors4.8%+2.1pp$8M
Information Technology Services4.4%-0.8pp$7M
Medical - Care Facilities4.0%-0.1pp$7M
Country
US100.0%+0.4pp
Top 5: 26.6% · Top 10: 44.5% · Top 25: 83.3%
Top buys this quarter · 4
| TRS TriMas Corporationnew | +$5M |
| NSIT Insight Enterprises, Inc.new | +$4M |
| SMG The Scotts Miracle-Gro Companynew | +$2M |
| SMPL The Simply Good Foods Company | +$2M |
Top sells this quarter · 15
| RDN Radian Group Inc.exit | −$6M |
| EXLS ExlService Holdings, Inc. | −$6M |
| CXW CoreCivic, Inc.exit | −$6M |
| OCFC OceanFirst Financial Corp.exit | −$4M |
| RNGR Ranger Energy Services, Inc.exit | −$2M |
| PHIN PHINIA Inc. | −$10M |
| AX Axos Financial, Inc. | −$0M |
| TPH Tri Pointe Homes, Inc. | −$7M |
| NATL NCR Atleos Corporation | −$6M |
| THC Tenet Healthcare Corporation | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $167M | 39 | +11.60% | +17.59% | -5.99% | -0.01B |
| 2025-12-31 | $176M | 40 | +5.80% | +17.72% | -11.92% | -0.00B |
| 2025-09-30 | $177M | 40 | +10.11% | +17.52% | -7.40% | -0.00B |
| 2025-06-30 | $167M | 41 | +11.86% | +14.94% | -3.08% | -0.00B |
| 2025-03-31 | $164M | 40 | +12.59% | +8.30% | +4.28% | -0.01B |
| 2024-12-31 | $181M | 40 | +22.12% | +24.89% | -2.77% | +0.03B |
| 2024-09-30 | $147M | 35 | +30.23% | +36.04% | -5.81% | -0.02B |
| 2024-06-30 | $151M | 37 | +18.95% | +24.49% | -5.54% | -0.00B |
| 2024-03-31 | $150M | 37 | +24.62% | +29.62% | -5.00% | -0.00B |
| 2023-12-31 | $148M | 37 | +22.51% | +26.18% | -3.66% | -0.03B |
| 2023-09-30 | $158M | 38 | +20.24% | +21.57% | -1.32% | -0.02B |
| 2023-06-30 | $181M | 38 | +16.53% | +19.42% | -2.90% | -0.01B |
| 2023-03-31 | $178M | 38 | -4.44% | -7.82% | +3.38% | +0.00B |
| 2022-12-31 | $172M | 39 | +10.77% | +7.56% | +3.21% | -0.00B |
| 2022-09-30 | $158M | 38 | -3.76% | -4.93% | +1.17% | -0.01B |
| 2022-06-30 | $174M | 39 | -11.18% | -16.11% | +4.93% | -0.01B |