Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+12.48%
adds when stocks drop
when a holding falls −10%+
Middle response
-2.18%
baseline attrition
Rally response
-17.61%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| DISThe Walt Disney Company | $10M | 2.2% | -1.3% | 9.8 yr |
| STSensata Technologies Hol | $10M | 2.1% | +47.4% | 8.3 yr |
| AVTRAvantor, Inc. | $9M | 2.1% | -51.6% | 3.3 yr |
| LKQLKQ Corporation | $9M | 2.0% | -28.4% | 5.3 yr |
| OMCOmnicom Group Inc. | $9M | 1.9% | -5.6% | 8.8 yr |
| IFFInternational Flavors & | $9M | 1.9% | -4.3% | 3.5 yr |
| VNTVontier Corporation | $8M | 1.8% | +8.2% | 2.5 yr |
| FISFidelity National Inform | $8M | 1.8% | -35.6% | 4.3 yr |
| NDAQNasdaq, Inc. | $8M | 1.8% | +13.3% | 1.8 yr |
| ABMABM Industries Incorpora | $8M | 1.8% | -17.4% | 4.3 yr |
| ZBHZimmer Biomet Holdings, | $8M | 1.7% | -19.5% | 10.5 yr |
| BAXBaxter International Inc | $8M | 1.7% | -50.2% | 9.0 yr |
| KFYKorn Ferry | $8M | 1.6% | -5.3% | 4.8 yr |
| SSNCSS&C Technologies Holdin | $7M | 1.5% | -18.0% | 5.8 yr |
| GDGeneral Dynamics Corpora | $7M | 1.5% | +27.8% | 2.3 yr |
Portfolio composition (YoY)
Industry mix
Medical - Instruments & Supplies5.3%-1.5pp$24M
Aerospace & Defense5.0%+1.1pp$23M
Hardware, Equipment & Parts4.1%-0.5pp$19M
Industrial - Machinery3.8%-0.6pp$17M
Software - Application3.7%+2.7pp$17M
Semiconductors3.2%-0.5pp$14M
Medical - Devices3.1%-0.4pp$14M
Financial - Data & Stock Exchanges3.0%+1.2pp$14M
Medical - Diagnostics & Research2.9%+1.5pp$13M
Banks - Regional2.9%-0.2pp$13M
Country
US93.2%-0.6pp
Unknown1.7%-0.1pp
GB1.5%+0.4pp
IE1.4%-0.0pp
CH1.4%+0.9pp
SG0.9%-0.6pp
Top 5: 10.4% · Top 10: 19.4% · Top 25: 42.1%
Top buys this quarter · 15
| BAH Booz Allen Hamilton Holding Conew | +$5M |
| EFX Equifax Inc. | +$3M |
| SSNC SS&C Technologies Holdings, In | +$3M |
| AVTR Avantor, Inc. | +$3M |
| WAT Waters Corporationnew | +$3M |
| KFY Korn Ferry | +$3M |
| MSFT Microsoft Corporation | +$2M |
| FIS Fidelity National Information | +$2M |
| SPGI S&P Global Inc. | +$2M |
| WTW Willis Towers Watson Public Li | +$2M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $458M | 99 | +11.72% | +17.59% | -5.87% | -0.02B |
| 2025-12-31 | $488M | 101 | +10.45% | +17.72% | -7.27% | -0.07B |
| 2025-09-30 | $530M | 103 | +3.05% | +17.52% | -14.47% | -0.03B |
| 2025-06-30 | $533M | 101 | +7.09% | +14.94% | -7.85% | -0.02B |
| 2025-03-31 | $543M | 98 | -0.15% | +8.30% | -8.46% | -0.01B |
| 2024-12-31 | $568M | 98 | +11.43% | +24.89% | -13.46% | -0.01B |
| 2024-09-30 | $588M | 98 | +28.31% | +36.04% | -7.73% | -0.03B |
| 2024-06-30 | $562M | 99 | +7.62% | +24.49% | -16.87% | -0.02B |
| 2024-03-31 | $611M | 98 | +16.37% | +29.62% | -13.25% | -0.03B |
| 2023-12-31 | $593M | 96 | +14.90% | +26.18% | -11.28% | -0.06B |
| 2023-09-30 | $583M | 98 | +13.31% | +21.57% | -8.26% | +0.02B |
| 2023-06-30 | $618M | 99 | +14.04% | +19.42% | -5.39% | -0.04B |
| 2023-03-31 | $638M | 100 | -7.58% | -7.82% | +0.24% | -0.05B |
| 2022-12-31 | $637M | 98 | +11.00% | +7.56% | +3.44% | -0.02B |
| 2022-09-30 | $597M | 100 | -7.58% | -4.93% | -2.65% | -0.02B |
| 2022-06-30 | $667M | 104 | -16.05% | -16.11% | +0.06% | -0.00B |