Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-5.71%
trims when stocks drop
when a holding falls −10%+
Middle response
-3.35%
baseline attrition
Rally response
-5.20%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| GLWCorning Incorporated | $43M | 5.8% | +201.5% | 10.5 yr |
| TSMTaiwan Semiconductor Man | $41M | 5.4% | +105.6% | 9.5 yr |
| EMREmerson Electric Co. | $33M | 4.4% | +21.5% | 10.5 yr |
| — | $25M | 3.3% | — | 7.5 yr |
| OGEOGE Energy Corp. | $23M | 3.1% | +7.5% | 10.5 yr |
| — | $20M | 2.6% | — | 1.8 yr |
| — | $18M | 2.4% | — | 1.8 yr |
| — | $18M | 2.4% | — | 1.8 yr |
| BEBloom Energy Corporation | $17M | 2.3% | +589.2% | 4.8 yr |
| — | $16M | 2.2% | — | 1.8 yr |
| — | $14M | 1.8% | — | 7.5 yr |
| SLBSLB N.V. | $14M | 1.8% | +26.7% | 10.0 yr |
| — | $13M | 1.8% | — | 1.8 yr |
| AMZNAmazon.com, Inc. | $13M | 1.7% | +9.5% | 4.5 yr |
| — | $12M | 1.6% | — | 5.5 yr |
Portfolio composition (YoY)
Industry mix
Unknown35.8%+3.9pp$270M
Industrial - Machinery7.4%+0.2pp$56M
Hardware, Equipment & Parts7.0%+1.4pp$53M
Semiconductors6.7%+1.7pp$51M
Regulated Electric6.4%-0.5pp$49M
Information Technology Services2.9%-2.8pp$22M
Agricultural - Machinery2.6%+0.4pp$19M
Drug Manufacturers - General2.5%-3.4pp$19M
Electrical Equipment & Parts2.3%+1.4pp$17M
Oil & Gas Equipment & Services2.2%+0.2pp$17M
Country
US57.5%-3.8pp
Unknown35.8%+3.9pp
TW5.4%+1.8pp
CA0.4%+0.1pp
UY0.4%
GB0.3%+0.0pp
SG0.1%-0.1pp
IE0.0%+0.0pp
Top 5: 21.9% · Top 10: 33.7% · Top 25: 56.5%
Top buys this quarter · 15
| MELI MercadoLibre, Inc.new | +$3M |
| ITRI Itron, Inc. | +$2M |
| TWLO Twilio Inc. | +$2M |
| EHC Encompass Health Corporation | +$1M |
| MHK Mohawk Industries, Inc.new | +$1M |
| DIS The Walt Disney Company | +$8M |
| LNN Lindsay Corporation | +$1M |
| BDX Becton, Dickinson and Company | +$0M |
| PLNT Planet Fitness, Inc. | +$1M |
| STX Seagate Technology Holdings pl | +$0M |
Top sells this quarter · 15
| SNDK Sandisk Corporationexit | −$11M |
| GLW Corning Incorporated | −$34M |
| WDC Western Digital Corporation | −$8M |
| EMR Emerson Electric Co. | −$4M |
| LITE Lumentum Holdings Inc. | −$3M |
| AMGN Amgen Inc. | −$2M |
| TSM Taiwan Semiconductor Manufactu | −$39M |
| GVA Granite Construction Incorpora | −$2M |
| INTC Intel Corporation | −$2M |
| CIEN Ciena Corporation | −$4M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $754M | 174 | +56.08% | +17.59% | +38.49% | -0.08B |
| 2025-12-31 | $750M | 179 | +35.31% | +17.72% | +17.60% | -0.04B |
| 2025-09-30 | $743M | 173 | +30.73% | +17.52% | +13.21% | -0.05B |
| 2025-06-30 | $674M | 174 | +19.20% | +14.94% | +4.26% | -0.05B |
| 2025-03-31 | $648M | 170 | +5.51% | +8.30% | -2.79% | -0.01B |
| 2024-12-31 | $680M | 172 | +17.76% | +24.89% | -7.13% | -0.04B |
| 2024-09-30 | $696M | 179 | +23.46% | +36.04% | -12.58% | -0.00B |
| 2024-06-30 | $655M | 179 | +10.39% | +24.49% | -14.10% | +0.01B |
| 2024-03-31 | $652M | 174 | +13.83% | +29.62% | -15.79% | -0.03B |
| 2023-12-31 | $630M | 169 | +5.73% | +26.18% | -20.45% | -0.03B |
| 2023-09-30 | $611M | 173 | +11.18% | +21.57% | -10.39% | -0.01B |
| 2023-06-30 | $648M | 177 | +7.03% | +19.42% | -12.39% | -0.01B |
| 2023-03-31 | $643M | 177 | -4.13% | -7.82% | +3.69% | +0.01B |
| 2022-12-31 | $627M | 169 | +13.59% | +7.56% | +6.03% | -0.02B |
| 2022-09-30 | $572M | 157 | -8.17% | -4.93% | -3.24% | -0.00B |
| 2022-06-30 | $623M | 157 | -8.52% | -16.11% | +7.59% | -0.04B |