Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-17.37%
trims when stocks drop
when a holding falls −10%+
Middle response
-9.01%
baseline attrition
Rally response
-13.63%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| NVDANVIDIA Corporation | $2.67B | 4.6% | — | 0.5 yr |
| MSFTMicrosoft Corporation | $1.71B | 3.0% | — | 0.5 yr |
| GOOGLAlphabet Inc. | $1.37B | 2.4% | — | 0.5 yr |
| AAPLApple Inc. | $1.33B | 2.3% | — | 0.5 yr |
| AMZNAmazon.com, Inc. | $1.21B | 2.1% | — | 0.5 yr |
| TSMTaiwan Semiconductor Man | $910M | 1.6% | — | 0.5 yr |
| AVGOBroadcom Inc. | $817M | 1.4% | — | 0.5 yr |
| METAMeta Platforms, Inc. | $714M | 1.2% | — | 0.5 yr |
| STXSeagate Technology Holdi | $707M | 1.2% | — | 0.5 yr |
| HWMHowmet Aerospace Inc. | $511M | 0.9% | — | 0.5 yr |
| AMDAdvanced Micro Devices, | $491M | 0.8% | — | 0.5 yr |
| VVisa Inc. | $481M | 0.8% | — | 0.5 yr |
| GILDGilead Sciences, Inc. | $480M | 0.8% | — | 0.5 yr |
| NFLXNetflix, Inc. | $430M | 0.7% | — | 0.5 yr |
| MAMastercard Incorporated | $413M | 0.7% | — | 0.5 yr |
Portfolio composition (YoY)
Industry mix
Semiconductors12.3%$7.12B
Internet Content & Information4.6%$2.67B
Banks - Regional4.2%$2.45B
Software - Infrastructure3.9%$2.27B
Specialty Retail3.9%$2.26B
Industrial - Machinery2.9%$1.66B
Asset Management2.8%$1.60B
Software - Application2.7%$1.55B
Biotechnology2.5%$1.47B
Aerospace & Defense2.5%$1.43B
Country
US88.9%
TW1.6%
SG1.4%
IE1.0%
CN0.9%
BR0.9%
CA0.9%
NL0.5%
Top 5: 14.3% · Top 10: 20.6% · Top 25: 29.9%
Winners
| Ticker | Prev $ | PnL | YoY % |
|---|
Losers
| Ticker | Prev $ | PnL | YoY % |
|---|
Top buys this quarter · 15
| STX Seagate Technology Holdings pl | +$705M |
| META Meta Platforms, Inc. | +$183M |
| CARR Carrier Global Corporation | +$155M |
| INTU Intuit Inc. | +$135M |
| EW Edwards Lifesciences Corporati | +$133M |
| PNC The PNC Financial Services Gro | +$131M |
| NOW ServiceNow, Inc. | +$99M |
| 0HQN.L Cboe Global Markets, Inc.new | +$92M |
| UBER Uber Technologies, Inc. | +$84M |
| SPOT Spotify Technology S.A. | +$74M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $58.02B | 1198 | -3.02% | -4.37% | +1.35% | -6.28B |
| 2025-12-31 | $66.31B | 1234 | — | — | — | — |