Baseline
Track disclosed holdings with the standard reporting lag and no active reweighting.
AI Summary
High-growth, lower-beta portfolio with strong long-run returns and clear concentration in disruptive technology and innovation names.
Portfolio Snapshot
Current optimized weights for the selected default session.
| Symbol | Name | Sector | Weight | Diff |
|---|---|---|---|---|
| TSLA | Tesla, Inc. | Consumer Discretionary | 9.01% | 0 |
| SHOP | Shopify Inc. | Information Technology | 4.40% | 0 |
| ROKU | Roku, Inc. | Communication Services | 4.39% | 0 |
| COIN | Coinbase Global, Inc. | Financials | 3.95% | 0 |
| PLTR | Palantir Technologies Inc. | Information Technology | 3.95% | 0 |
| CRSP | CRISPR Therapeutics AG | Health Care | 3.79% | 0 |
| AMD | Advanced Micro Devices, Inc. | Information Technology | 3.79% | 0 |
| HOOD | Robinhood Markets, Inc. | Financials | 3.74% | 0 |
| TER | Teradyne, Inc. | Information Technology | 3.14% | 0 |
| TEM | Tempus AI, Inc. | Health Care | 3.07% | 0 |
| RBLX | Roblox Corporation | Communication Services | 2.69% | 0 |
| BEAM | Beam Therapeutics Inc. | Health Care | 2.38% | 0 |
| CRCL | Circle Internet Group, Inc. | Information Technology | 2.26% | 0 |
| AMZN | Amazon.com, Inc. | Consumer Discretionary | 1.92% | 0 |
| ACHR | Archer Aviation Inc. | Industrials | 1.82% | 0 |
| KTOS | Kratos Defense & Security Solutions, Inc. | Industrials | 1.80% | 0 |
| BMNR | Bitmine Immersion Technologies, Inc. | Information Technology | 1.77% | 0 |
| TWST | Twist Bioscience Corporation | Health Care | 1.65% | 0 |
| NVDA | NVIDIA Corporation | Information Technology | 1.61% | 0 |
| XYZ | Block, Inc. | Financials | 1.51% | 0 |
Sector Exposure
- Information Technology26.85%
- Health Care23.08%
- Consumer Discretionary15.19%
- Communication Services12.83%
- Financials12.38%
- Industrials9.41%
- Real Estate0.12%
- Utilities0.11%
Weight Changes
Notable position adjustments in the latest snapshot.
Performance vs Benchmark
Strategy NAV vs benchmark — hover for exact values.
Alpha Trend
Excess return vs benchmark over time.
Drawdown Trend
Underwater curve and peak drawdown marker.
Turnover Trend
Per-period turnover with average reference.
Strategy Comparison
All four default strategies side-by-side.
| Strategy | Annualized | Alpha | Sharpe | Max DD |
|---|---|---|---|---|
| Baseline | 16.25% | 7.86% | 1.12 | -22.24% |
| Momentum Screen | 32.69% | 14.49% | 1.09 | -40.38% |
| Basic Value Screen | 18.35% | 4.60% | 0.82 | -36.24% |
| Combo Equal Screen | 18.31% | 3.42% | 0.83 | -37.02% |
Recent Periods
Per-period performance vs benchmark.
| Period | Strategy | Benchmark | Excess | Turnover | Trades |
|---|---|---|---|---|---|
| 2022-12-31 | -3.24% | -0.25% | -2.99 | 7.08 | 50 |
| 2023-03-31 | 7.23% | 7.90% | -0.68 | 9.43 | 51 |
| 2023-06-30 | -0.96% | -1.77% | +0.81 | 6.45 | 51 |
| 2023-09-30 | 4.99% | 10.11% | -5.12 | 4.79 | 54 |
| 2023-12-31 | 3.94% | 4.96% | -1.02 | 6.45 | 53 |
| 2024-03-31 | 0.38% | 2.31% | -1.94 | 9.69 | 55 |
| 2024-06-30 | 17.40% | 9.83% | +7.57 | 6.70 | 57 |
| 2024-09-30 | 9.65% | 2.76% | +6.89 | 13.63 | 58 |
| 2024-12-31 | -2.45% | -3.63% | +1.18 | 10.93 | 58 |
| 2025-03-31 | 11.10% | 9.22% | +1.89 | 7.65 | 60 |
| 2025-06-30 | 2.43% | 4.20% | -1.77 | 12.91 | 58 |
| 2025-09-30 | 0.07% | 1.49% | -1.42 | 7.82 | 59 |
Strategy Q&A
Pre-generated questions and answers about this strategy.
- baseline13FChat AI
What does directly following the disclosed baseline portfolio expose an investor to?
Following Baseline means accepting the manager's disclosed sizing almost directly. Here that means moderate concentration rather than broad index-like exposure: top 5 25.70%, top 10 43.23%, top 20 62.64%, with TSLA 9.01%, SHOP 4.40%, ROKU 4.39%, COIN 3.95%, PLTR 3.95%, CRSP 3.79%. The baseline result is return 16.25%, alpha 7.86%, beta 0.59, Sharpe 1.12, Sortino 1.51, max drawdown -22.24%. That is the right reference case, but it is not automatically the safest case because the largest names and sector mix (Information Technology 26.85%, Health Care 23.08%, Consumer Discretionary 15.19%, Communication Services 12.83%) still dominate the realized path.
strategyViews.baseline.topHoldingsstrategyViews.baseline.concentrationstrategyViews.baseline.metrics↳ Compare Baseline concentration and drawdown with each screen.
- baseline13FChat AI
Which recent baseline periods best explain the risk-return trade-off?
The period rows show the character of the baseline. The strongest relative period was 2024-06-30 (17.40% vs SPY 9.83%, excess 7.57%, turnover 6.70%); the weakest was 2023-09-30 (4.99% vs SPY 10.11%, excess -5.12%, turnover 4.79%). The latest rows (2025-03-31 (11.10% vs SPY 9.22%, excess 1.89%, turnover 7.65%); 2025-06-30 (2.43% vs SPY 4.20%, excess -1.77%, turnover 12.91%); 2025-09-30 (0.07% vs SPY 1.49%, excess -1.42%, turnover 7.82%)) show whether recent results are confirming or reversing the long-term profile.
strategyViews.baseline.periodPerformance↳ Rank recent baseline periods by excess return and turnover.
- baseline13FChat AI
What should a user inspect next before deciding whether the baseline is acceptable?
Before accepting Baseline, I would inspect three things: whether TSLA 9.01%, SHOP 4.40%, ROKU 4.39%, COIN 3.95% still have current theses, whether recent changes such as no large named moves and no large named moves indicate a shift, and whether max drawdown of -22.24% is acceptable for the user's risk budget.
strategyViews.baseline.topHoldingsstrategyViews.baseline.latestChangesstrategyViews.baseline.metrics.maxDrawdown↳ Review the largest baseline holdings and explain whether each still deserves its weight.
Other strategies for this fund
Momentum Screen
Select holdings by historically observable momentum, targeting roughly one quarter of each period's original member count and no more than 20 names; when a period has over 100 members, pre-rank to the top 50 first.
Basic Value Screen
Select holdings using PE, PB, P/FCF, and EV/EBITDA, targeting roughly one quarter of each period's original member count and no more than 20 names; when a period has over 100 members, pre-rank to the top 50 first.
Combo Equal Screen
Filter for large-cap, quality, and low-leverage holdings, rank by composite quality/value/size score, keep the top 20 names, and equal-weight the selected names.