Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-5.04%
trims when stocks drop
when a holding falls −10%+
Middle response
-2.47%
baseline attrition
Rally response
-3.26%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| IVViShares Core S&P 500 ETF | $16M | 9.7% | — | 10.5 yr |
| PEBOPeoples Bancorp Inc. | $15M | 9.0% | +17.1% | 10.5 yr |
| IVWiShares S&P 500 Growth E | $10M | 5.9% | — | 10.5 yr |
| IJHiShares Core S&P Mid-Cap | $8M | 5.2% | — | 10.5 yr |
| SPYState Street SPDR S&P 50 | $6M | 4.0% | +17.6% | 10.5 yr |
| VGITVanguard Intermediate-Te | $6M | 3.6% | — | 3.5 yr |
| IWBiShares Russell 1000 ETF | $5M | 3.3% | — | 10.5 yr |
| CVXChevron Corporation | $5M | 3.0% | +29.2% | 10.5 yr |
| AAPLApple Inc. | $5M | 2.8% | +14.7% | 10.3 yr |
| IVEiShares S&P 500 Value ET | $5M | 2.8% | — | 10.5 yr |
| IJRiShares Core S&P Small-C | $4M | 2.7% | — | 10.5 yr |
| IGIBiShares 5-10 Year Invest | $4M | 2.5% | — | 7.3 yr |
| ISTBiShares Core 1-5 Year US | $4M | 2.2% | — | 5.0 yr |
| JPMJPMorgan Chase & Co. | $3M | 2.1% | +21.8% | 10.5 yr |
| SHYiShares 1-3 Year Treasur | $3M | 2.1% | — | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Asset Management53.7%+0.9pp$87M
Banks - Regional9.1%-2.1pp$15M
Oil & Gas Integrated4.7%+0.8pp$8M
Asset Management - Bonds4.4%+0.7pp$7M
Consumer Electronics2.8%+0.0pp$5M
Banks - Diversified2.8%+0.6pp$4M
Semiconductors2.7%+1.6pp$4M
Software - Infrastructure1.9%-0.4pp$3M
Drug Manufacturers - General1.8%+0.1pp$3M
Internet Content & Information1.8%+0.1pp$3M
Country
US99.1%-0.5pp
GB0.5%+0.0pp
TW0.4%
Unknown0.1%
Top 5: 33.8% · Top 10: 49.3% · Top 25: 74.1%
Top buys this quarter · 15
| PEBO Peoples Bancorp Inc. | +$0M |
| NOC Northrop Grumman Corporationnew | +$0M |
| PPG PPG Industries, Inc. | +$0M |
| NVDA NVIDIA Corporation | +$2M |
| CSCO Cisco Systems, Inc. | +$0M |
| BP BP p.l.c. | +$0M |
| SMTH ALPS Funds Smith Core Plus Bonnew | +$0M |
| DFIV Dimensional - International Va | +$0M |
| FESM Fidelity Enhanced Small Cap ETnew | +$0M |
| QQQ Invesco QQQ Trust, Series 1 | +$0M |
Top sells this quarter · 15
| AAPL Apple Inc. | −$0M |
| SPY State Street SPDR S&P 500 ETF | −$0M |
| GEHC GE HealthCare Technologies Incexit | −$0M |
| UNH UnitedHealth Group Incorporateexit | −$0M |
| JPM JPMorgan Chase & Co. | −$0M |
| AMAT Applied Materials, Inc. | −$1M |
| MSFT Microsoft Corporation | −$0M |
| AVGO Broadcom Inc. | −$0M |
| XOM Exxon Mobil Corporation | −$2M |
| WMT Walmart Inc. | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $163M | 101 | +18.62% | +17.59% | +1.03% | -0.00B |
| 2025-12-31 | $161M | 97 | +11.93% | +17.72% | -5.79% | -0.00B |
| 2025-09-30 | $163M | 94 | +11.48% | +17.52% | -6.04% | -0.01B |
| 2025-06-30 | $162M | 97 | +11.21% | +14.94% | -3.73% | +0.00B |
| 2025-03-31 | $152M | 94 | +7.67% | +8.30% | -0.64% | -0.01B |
| 2024-12-31 | $170M | 97 | +14.76% | +24.89% | -10.12% | -0.03B |
| 2024-09-30 | $196M | 125 | +28.81% | +36.04% | -7.23% | -0.01B |
| 2024-06-30 | $193M | 134 | +18.47% | +24.49% | -6.02% | +0.01B |
| 2024-03-31 | $179M | 124 | +23.22% | +29.62% | -6.40% | +0.00B |
| 2023-12-31 | $170M | 119 | +19.86% | +26.18% | -6.31% | -0.00B |
| 2023-09-30 | $153M | 106 | +13.37% | +21.57% | -8.20% | -0.01B |
| 2023-06-30 | $163M | 115 | +15.90% | +19.42% | -3.53% | -0.00B |
| 2023-03-31 | $157M | 120 | -5.48% | -7.82% | +2.34% | -0.00B |
| 2022-12-31 | $155M | 122 | -11.00% | -18.17% | +7.18% | -0.01B |
| 2022-09-30 | $149M | 108 | -8.33% | -15.51% | +7.18% | -0.01B |
| 2022-06-30 | $162M | 130 | -7.18% | -10.62% | +3.44% | -0.01B |