Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +10.6%
S&P 500 total return (same window) +37.0%
Excess return -26.4%

Annualized: +8.4% · 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
Financials 75.6%
Consumer Discretionary 24.4%

Full portfolio 2 positions

05
Type Streak 8Q trend
VEL Velocity Financial, Inc. Common Stock $246,498,281 75.64% 13,353,103 $4,940,648
LAUR Laureate Education, Inc. - Common Stock $79,370,532 24.36% 2,185,312 $3,326,727 Up ×1

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
VEL Price move only +0 +$4.9M
LAUR Bought more +3K +$3.3M