Baseline
Track disclosed holdings with the standard reporting lag and no active reweighting.
AI Summary
Large-cap growth portfolio with strong absolute and risk-adjusted returns, led by concentrated mega-cap technology exposure.
Portfolio Snapshot
Current optimized weights for the selected default session.
| Symbol | Name | Sector | Weight | Diff |
|---|---|---|---|---|
| NVDA | NVIDIA Corporation | Information Technology | 15.61% | 0 |
| AAPL | Apple Inc. | Information Technology | 13.84% | 0 |
| MSFT | Microsoft Corporation | Information Technology | 12.38% | 0 |
| GOOGL | Alphabet Inc. | Communication Services | 6.02% | 0 |
| BRK.A | Berkshire Hathaway Inc. | Financials | 4.61% | 0 |
| META | Meta Platforms, Inc. | Communication Services | 4.57% | 0 |
| JPM | JPMorgan Chase & Co. | Financials | 4.51% | 0 |
| TSLA | Tesla, Inc. | Consumer Discretionary | 4.48% | 0 |
| AMZN | Amazon.com, Inc. | Consumer Discretionary | 4.48% | 0 |
| LLY | Eli Lilly and Company | Health Care | 4.39% | 0 |
| AVGO | Broadcom Inc. | Information Technology | 3.77% | 0 |
| V | Visa Inc. | Financials | 3.05% | 0 |
| XOM | Exxon Mobil Corporation | Energy | 2.61% | 0 |
| JNJ | Johnson & Johnson | Health Care | 2.57% | 0 |
| WMT | Walmart Inc. | Consumer Staples | 2.51% | 0 |
| MA | Mastercard Incorporated | Financials | 2.41% | 0 |
| PLTR | Palantir Technologies Inc. | Information Technology | 2.09% | 0 |
| ABBV | AbbVie Inc. | Health Care | 2.08% | 0 |
| NFLX | Netflix, Inc. | Communication Services | 2.04% | 0 |
| COST | Costco Wholesale Corporation | Consumer Staples | 1.97% | 0 |
Sector Exposure
- Information Technology47.69%
- Financials14.58%
- Communication Services12.63%
- Health Care9.04%
- Consumer Discretionary8.96%
- Consumer Staples4.48%
- Energy2.61%
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 | 24.67% | 4.97% | 1.13 | -21.61% |
| Momentum Screen | 11.49% | -1.99% | 0.58 | -26.44% |
| Basic Value Screen | 4.10% | -4.63% | 0.33 | -12.97% |
| Combo Equal Screen | 34.72% | 12.69% | 1.39 | -22.83% |
Recent Periods
Per-period performance vs benchmark.
| Period | Strategy | Benchmark | Excess | Turnover | Trades |
|---|---|---|---|---|---|
| 2025-01-31 | -3.72% | -2.79% | -0.94 | 1.64 | 20 |
| 2025-02-28 | -7.99% | -6.48% | -1.51 | 2.33 | 20 |
| 2025-03-31 | 0.77% | -0.91% | +1.68 | 12.40 | 21 |
| 2025-04-30 | 7.87% | 6.28% | +1.58 | 1.01 | 20 |
| 2025-05-31 | 4.54% | 3.75% | +0.79 | 1.26 | 20 |
| 2025-06-30 | 3.46% | 2.69% | +0.78 | 6.36 | 21 |
| 2025-07-31 | 1.87% | 2.05% | -0.18 | 1.49 | 20 |
| 2025-08-31 | 5.45% | 3.66% | +1.79 | 1.91 | 20 |
| 2025-09-30 | 3.24% | 2.05% | +1.19 | 10.81 | 21 |
| 2025-10-31 | -0.16% | 0.20% | -0.35 | 1.57 | 20 |
| 2025-11-30 | 0.39% | 0.99% | -0.60 | 1.66 | 20 |
| 2025-12-31 | 0.00% | 0.00% | 0 | 9.12 | 21 |
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?
Directly following the baseline means accepting a highly concentrated mega-cap growth portfolio. The top 5 names are 52.46% and the top 10 are 74.89%, led by NVDA at 15.61%, AAPL at 13.84%, and MSFT at 12.38%. Sector-wise, the baseline is 47.69% Information Technology and 12.63% Communication Services, so an investor is effectively making a strong bet on AI, software, and platform leadership. The payoff has been strong with 24.67% annualized return and 4.97 alpha, but that came with beta of 1.11 and a -21.61% max drawdown.
strategyViews.baseline.topHoldingsstrategyViews.baseline.concentrationstrategyViews.baseline.sectorWeightsstrategyViews.baseline.metrics↳ Show how much of the baseline return came from the top 5 names versus the rest of the portfolio.
- baseline13FChat AI
Which recent baseline periods best explain the risk-return trade-off?
The baseline trade-off is best illustrated by the spring drawdown and the rebound that followed. In 2025-02-28 the baseline lost 7.99% versus -6.48% for SPY, then the drawdown deepened into early April, with the drawdown series bottoming near -21.61% on 2025-04-08. But the same concentrated exposure helped in the recovery: 2025-03-31 delivered +1.68% excess return, 2025-04-30 added +1.58%, and 2025-08-31 added +1.79%. That pattern shows the baseline can underperform during sharp de-risking but recover strongly when leadership names reassert themselves.
strategyViews.baseline.periodPerformancestrategyViews.baseline.drawdownSeries↳ Plot the baseline drawdown and excess return by month so I can see when the concentration helped or hurt most.
- baseline13FChat AI
What should a user inspect next before deciding whether the baseline is acceptable?
A user should inspect three things next: concentration, turnover stability, and path dependence. Concentration is obvious from top 5 at 52.46% and top 10 at 74.89%. Turnover is usually low but not always stable: it spiked to 12.40% in 2025-03-31, 10.81% in 2025-09-30, and the initial 2024-10-31 setup was 100.0%, which matters for implementation realism. Finally, the backtest only spans 15 periods, so the 24.67% annualized return and 1.13 Sharpe should be weighed against limited history.
strategyViews.baseline.concentrationstrategyViews.baseline.turnoverSeriesstrategyViews.baseline.metricsstrategyViews.baseline.riskNotes↳ Show me the baseline results excluding the most concentrated periods or highest-turnover months.
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.