Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+5.14%
adds when stocks drop
when a holding falls −10%+
Middle response
-1.57%
baseline attrition
Rally response
-8.84%
trims into rallies
when a holding rises +10%+
Top positions · 19
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| PENGPenguin Solutions, Inc. | $5M | 14.6% | — | 0.8 yr |
| EEFTEuronet Worldwide, Inc. | $4M | 10.8% | -37.9% | 3.0 yr |
| FIVNFive9, Inc. | $4M | 10.3% | -44.1% | 1.0 yr |
| ALLTAllot Ltd. | $4M | 10.2% | +16.6% | 10.5 yr |
| INDIindie Semiconductor, Inc | $3M | 8.8% | +57.8% | 4.8 yr |
| MGNIMagnite, Inc. | $2M | 5.5% | +4.1% | 5.8 yr |
| DCGODocGo Inc. | $2M | 5.1% | -76.2% | 3.5 yr |
| BIGCBigCommerce Holdings, In | $2M | 5.1% | — | 1.3 yr |
| PUBMPubMatic, Inc. | $1M | 4.0% | -10.5% | 0.8 yr |
| SMWBSimilarweb Ltd. | $1M | 3.6% | -68.4% | 1.8 yr |
| ONTFON24, Inc. | $1M | 3.5% | +55.8% | 2.0 yr |
| ASURAsure Software, Inc. | $1M | 3.5% | -9.9% | 6.3 yr |
| BLZEBackblaze, Inc. | $1M | 3.4% | -28.6% | 1.5 yr |
| GENIGenius Sports Limited | $1M | 3.3% | -55.7% | 3.8 yr |
| APPSDigital Turbine, Inc. | $1M | 2.4% | +5.9% | 10.5 yr |
Portfolio composition (YoY)
Industry mix
Software - Application28.8%+15.9pp$11M
Software - Infrastructure24.5%+4.9pp$9M
Hardware, Equipment & Parts14.6%$5M
Semiconductors8.8%-16.1pp$3M
Advertising Agencies7.2%+1.3pp$3M
Internet Content & Information6.8%-7.7pp$3M
Medical - Care Facilities5.1%-7.9pp$2M
Information Technology Services1.6%$1M
Medical - Healthcare Information Services1.5%$1M
Entertainment1.1%-0.7pp$0M
Country
US82.9%+18.6pp
IL13.8%-11.3pp
GB3.3%-5.2pp
Top 5: 54.8% · Top 10: 78.1% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $37M | 19 | -15.96% | +17.59% | -33.56% | +0.00B |
| 2025-12-31 | $44M | 19 | -10.43% | +17.72% | -28.15% | -0.00B |
| 2025-09-30 | $55M | 19 | +33.92% | +17.52% | +16.41% | -0.00B |
| 2025-06-30 | $52M | 18 | +24.91% | +14.94% | +9.97% | +0.00B |
| 2025-03-31 | $40M | 17 | +0.06% | +8.30% | -8.24% | -0.00B |
| 2024-12-31 | $52M | 18 | +12.00% | +24.89% | -12.88% | -0.00B |
| 2024-09-30 | $44M | 16 | +0.38% | +36.04% | -35.65% | +0.00B |
| 2024-06-30 | $41M | 16 | -32.70% | +24.49% | -57.20% | -0.00B |
| 2024-03-31 | $46M | 18 | -30.42% | +29.62% | -60.04% | +0.01B |
| 2023-12-31 | $41M | 17 | -17.25% | +26.18% | -43.42% | -0.00B |
| 2023-09-30 | $37M | 18 | -19.20% | +21.57% | -40.77% | +0.00B |
| 2023-06-30 | $49M | 18 | +12.65% | +19.42% | -6.77% | +0.00B |
| 2023-03-31 | $45M | 23 | -17.65% | -7.82% | -9.84% | +0.01B |
| 2022-12-31 | $37M | 25 | +8.80% | +7.56% | +1.24% | -0.04B |
| 2022-09-30 | $67M | 56 | -4.53% | -4.93% | +0.40% | +0.00B |
| 2022-06-30 | $69M | 55 | -25.95% | -16.11% | -9.84% | -0.00B |