Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-0.25%
trims when stocks drop
when a holding falls −10%+
Middle response
-2.65%
baseline attrition
Rally response
-1.47%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| SKORFlexShares Credit-Scored | $8M | 6.4% | — | 1.3 yr |
| VOOVanguard S&P 500 ETF | $8M | 6.1% | — | 1.5 yr |
| CWBState Street SPDR Bloomb | $6M | 5.1% | — | 1.5 yr |
| MSFTMicrosoft Corporation | $6M | 5.0% | -0.6% | 1.5 yr |
| VUGVanguard Growth ETF | $5M | 4.1% | — | 1.5 yr |
| FNWDFinward Bancorp | $5M | 3.8% | +26.5% | 1.5 yr |
| AAPLApple Inc. | $5M | 3.6% | +14.7% | 1.5 yr |
| QQQInvesco QQQ Trust, Serie | $4M | 3.5% | — | 1.5 yr |
| SPXLDirexion Daily S&P 500 B | $3M | 2.6% | — | 0.5 yr |
| VIGVanguard Dividend Apprec | $3M | 2.4% | — | 1.5 yr |
| SPGPInvesco S&P 500 GARP ETF | $3M | 2.4% | — | 1.5 yr |
| TQQQProShares - UltraPro QQQ | $3M | 2.4% | — | 1.5 yr |
| JNJJohnson & Johnson | $3M | 2.1% | +51.5% | 1.5 yr |
| MGKVanguard Mega Cap Growth | $2M | 1.9% | — | 1.5 yr |
| FVDFirst Trust Value Line D | $2M | 1.7% | — | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management48.7%-3.0pp$61M
Asset Management - Bonds7.1%+4.3pp$9M
Software - Infrastructure5.0%-0.7pp$6M
Drug Manufacturers - General4.1%+0.6pp$5M
Banks - Regional3.8%+0.2pp$5M
Consumer Electronics3.6%-0.1pp$5M
Regulated Electric3.6%-0.0pp$4M
Asset Management - Leveraged2.6%$3M
Oil & Gas Integrated1.7%+0.2pp$2M
Banks - Diversified1.6%+0.1pp$2M
Country
US96.8%-0.3pp
CA1.6%+0.2pp
GB1.0%+0.3pp
IE0.4%-0.0pp
DE0.2%-0.0pp
Top 5: 26.7% · Top 10: 42.7% · Top 25: 66.7%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| FNWD | $4M | +0.00B | 26.5% |
| JNJ | $2M | +0.00B | 51.5% |
| AAPL | $4M | +0.00B | 14.7% |
| WPM | $1M | +0.00B | 70.0% |
| JPM | $2M | +0.00B | 21.8% |
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|---|---|---|
| MSFT | $7M | -0.00B | -0.6% |
Top buys this quarter · 15
| AZN AstraZeneca PLCnew | +$0M |
| DE Deere & Companynew | +$0M |
| MSFT Microsoft Corporation | +$6M |
| SPY State Street SPDR S&P 500 ETF | +$1M |
| SKOR FlexShares Credit-Scored US Co | +$0M |
| QQQ Invesco QQQ Trust, Series 1 | +$4M |
| IJH iShares Core S&P Mid-Cap ETF | +$0M |
| IJR iShares Core S&P Small-Cap ETF | +$0M |
| CWB State Street SPDR Bloomberg Co | +$0M |
| VIG Vanguard Dividend Appreciation | +$0M |
Top sells this quarter · 15
| COST Costco Wholesale Corporation | −$1M |
| NVDA NVIDIA Corporation | −$0M |
| DHR Danaher Corporationexit | −$0M |
| DLTR Dollar Tree, Inc.exit | −$0M |
| FNWD Finward Bancorp | −$0M |
| AAPL Apple Inc. | −$0M |
| MCD McDonald's Corporation | −$0M |
| CMG Chipotle Mexican Grill, Inc. | −$0M |
| ABBV AbbVie Inc. | −$0M |
| WELL Welltower Inc. | −$1M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $125M | 104 | +13.47% | +17.59% | -4.12% | -0.00B |
| 2025-12-31 | $129M | 104 | +15.86% | +17.72% | -1.86% | -0.00B |
| 2025-09-30 | $132M | 106 | +7.53% | +8.12% | -0.59% | -0.00B |
| 2025-06-30 | $127M | 101 | +5.24% | +10.78% | -5.54% | +0.01B |
| 2025-03-31 | $115M | 104 | +1.54% | -4.27% | +5.80% | -0.00B |
| 2024-12-31 | $115M | 103 | — | — | — | — |