Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +81.0%
S&P 500 total return (same window) +37.0%
Excess return +44.0%

Annualized: +60.8% · 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
Industrials 100.0%

Full portfolio 2 positions

05
Type Streak 8Q trend
ULCC Frontier Group Holdings, Inc. - Common Stock $253,847,775 56.03% 32,092,007 $140,562,990
VLRS Controladora Vuela Compania de Aviacion, S.A.B. de C.V. American Depositary Shares, each representing ten (10) Ordinary Participation Certificates $199,183,393 43.97% 21,257,566 $45,278,616

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
ULCC Price move only +0 +$140.6M
VLRS Price move only +0 +$45.3M