Time-weighted return vs S&P 500Updated
+2.0pp
ahead of the S&P 500
over 9 months, since .
- Portfolio TWR
- 15.7%
- S&P 500 TSR
- 13.7%
- Annualised
- 19.4%vs 16.9%
- Positions
- 123 closed
Cumulative return
HoverTap and drag the chart to read the return and alpha on any date. The shaded band is the running gap between the two.
PortfolioS&P 500AlphaAllocation
Share of portfolio
By asset class
- Equities 83.0%
- Fixed Income 16.8%
- Cash & Cash Equivalents 0.2%
Equity sleeve by sector
share of equities- Technology 75.9%
- Communication Services 11.5%
- Consumer Cyclical 9.9%
- Industrials 2.7%
Holdings
All 12 shown · click a column to sort · tap to sort
Return and IRR here are money-weighted — they follow the actual dollars, so they don't add up to the time-weighted number above.
Time-weighted — the number up top
Chains the return of each sub-period between valuation snapshots, then multiplies them together. Adding or withdrawing cash changes the size of the portfolio but not the chain, so the result measures the decisions, not the funding. That is why it is the only figure fair to set against an index.
Money-weighted — the numbers per holding
Solves for the rate that makes every actual cash flow balance, so buying more before a run-up counts for more than buying after it. It measures the dollars. Two holdings with the same price chart can post different IRRs purely on timing.
Both exclude capital-gains tax and both net out an assumed 15% dividend withholding. Neither is “the real one” — they answer different questions, which is why the page shows both.
| Logo | |||||
|---|---|---|---|---|---|
| Equities · 83.0% of portfolio | |||||
 | Fiserv, Inc.NMS:FISV |
| 17.4% | −27.8% | −31.1% |
 | AirJoule Technologies CorporationNCM:AIRJ |
| 2.3% | +27.0% | +51.2% |
 | Gartner, Inc.NYQ:IT |
| 22.9% | +49.1% | +72.7% |
 | CarMax, Inc.NYQ:KMX |
| 8.0% | +11.8% | +17.8% |
 | Alibaba Group Holding LimitedNYQ:BABA |
| 0.2% | −14.8% | −12.4% |
 | QUALCOMM IncorporatedNMS:QCOM |
| 3.1% | +22.7% | +16.2% |
 | Alphabet Inc.NMS:GOOGL |
| 7.2% | +104% | +65.3% |
 | Baidu, Inc.NMS:BIDU |
| 0.9% | −9.2% | −6.7% |
 | Taiwan Semiconductor Manufacturing Company LimitedNYQ:TSM |
| 16.0% | +135% | +82.5% |
 | Meta Platforms, Inc.NMS:META |
| 1.4% | +27.2% | +17.2% |
 | Samsung Electronics Co LtdDUS:SSU.DU |
| 3.6% | +376% | +182% |
| Fixed Income · 16.8% of portfolio · Cash 0.2% | |||||
 | iShares $ Treasury Bond 0-1yr UCITS ETF USD (Acc)LSE:IB01.L |
| 16.8% | +0.8% | +3.7% |
Closed positions
The losses stay on the page · click a column to sort
| Logo | ||||
|---|---|---|---|---|
| Equities · 3 closed | ||||
 | Applied Materials, Inc.NMS:AMAT |
| +99.6% | +283% |
 | NVIDIA CorporationNMS:NVDA |
| +97.0% | +271% |
 | Lam Research CorporationNMS:LRCX |
| +78.6% | +336% |
Activity
22 entries since inception
Net changes to each holding since inception. A holding's fills within a rolling quarter are netted into one entry, priced at the volume-weighted average of the buys if it grew or of the sells if it shrank. Sizes are never published — only relative changes and per-share prices.
| IB01.L | iShares $ Treasury Bond 0-1yr UCITS ETF USD (Acc) | Bought | Increased by 1% | 122.04 USD | |
| IB01.L | iShares $ Treasury Bond 0-1yr UCITS ETF USD (Acc) | Bought | Initiated | 121.18 USD | |
| FISV | Fiserv, Inc. | Bought | Increased by 4% | 48.89 USD | |
| AIRJ | AirJoule Technologies Corporation | Bought | Initiated | 2.30 USD | |
| KMX | CarMax, Inc. | Sold | Decreased by 47% | 44.64 USD | |
| IT | Gartner, Inc. | Bought | Initiated | 148.17 USD | |
| AMAT | Applied Materials, Inc. | Sold | Divested | 330.00 USD | |
| FISV | Fiserv, Inc. | Bought | Initiated | 66.33 USD | |
| NVDA | NVIDIA Corporation | Sold | Divested | 195.00 USD | |
| KMX | CarMax, Inc. | Bought | Initiated | 44.29 USD | |
| LRCX | Lam Research Corporation | Sold | Divested | 149.90 USD | |
| AMAT | Applied Materials, Inc. | Bought | Increased by 188% | 161.81 USD | |
| BABA | Alibaba Group Holding Limited | Bought | Initiated | 118.64 USD | |
| QCOM | QUALCOMM Incorporated | Bought | Initiated | 153.41 USD | |
| BIDU | Baidu, Inc. | Bought | Initiated | 86.22 USD | |
| GOOGL | Alphabet Inc. | Bought | Initiated | 157.42 USD | |
| TSM | Taiwan Semiconductor Manufacturing Company Limited | Bought | Initiated | 187.98 USD | |
| AMAT | Applied Materials, Inc. | Bought | Initiated | 173.27 USD | |
| LRCX | Lam Research Corporation | Bought | Initiated | 84.16 USD | |
| META | Meta Platforms, Inc. | Bought | Initiated | 489.74 USD | |
| NVDA | NVIDIA Corporation | Bought | Initiated | 99.01 USD | |
| SSU.DU | Samsung Electronics Co Ltd | Bought | Initiated | 842.00 EUR |