Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 -12.7%
S&P 500 total return (same window) +37.0%
Excess return -49.7%

Annualized: -10.3% · 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
Consumer Discretionary 93.7%
Communication Services 6.3%

Full portfolio 3 positions

05
Type Streak 8Q trend
DKNG DraftKings Inc. - Class A Common Stock $134,379,815 93.68% 5,319,866 $19,364,312
ROKU Roku, Inc. - Class A Common Stock $7,971,645 5.56% 57,707 $2,511,409
SNAP Snap Inc. Class A Common Stock $1,090,282 0.76% 245,559 $-39,289

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
DKNG Price move only +0 +$19.4M
ROKU Price move only +0 +$2.5M
SNAP Price move only +0 -$39K

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
IAS Dec. 31, 2025 22,722,770 $231,090,571 No longer tracked