Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +48.2%
S&P 500 total return (same window) +37.0%
Excess return +11.2%

Annualized: +37.0% · S&P 500: +28.7%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 99.5% · Options excluded: 0.0%

Sector breakdown

04
Industrials 100.0%

Full portfolio 1 positions

05
Type Streak 8Q trend
JOBY Joby Aviation, Inc. Common Stock $42,801,139 100.00% 4,798,334 $3,166,901

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
JOBY Price move only +0 +$3.2M

Exited positions

11

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarterShares beforeValue beforePrice since exit
SNTI (filed as SNTIXXXX) Dec. 31, 2025 253,755 $357,795 -69.0%