Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 -30.8%
S&P 500 total return (same window) +37.0%
Excess return -67.8%

Annualized: -25.6% · 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: 100.0% · Options excluded: 0.0%

Sector breakdown

04
Technology 100.0%

Full portfolio 2 positions

05
Type Streak 8Q trend
AVPT AvePoint, Inc. - Class A Common Stock $223,196,817 62.95% 19,910,510 $33,847,867
TUYA Tuya Inc. American Depositary Shares, each representing one Class A Ordinary Share $131,343,344 37.05% 74,626,900 $-41,044,795

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
TUYA Price move only +0 -$41.0M
AVPT Price move only +0 +$33.8M