The Method

Ignoring trivial rebalances

If a position has drifted only slightly from its target weight, we leave it alone.

Even when the holdings stay the same, prices move. A name that started the period at 10 % of the book might be at 9.6 % a month later, just because it slightly underperformed. In theory the portfolio should rebalance back to 10 %; in practice that trade is so small the cost of placing it wipes out any benefit. Our rule: if a position is within about 2 % of the book from its target weight, we don't touch it. Only meaningful drifts are corrected. This is one of the changes that makes the strategy economical at the size a private investor would actually run.

At a glance

Threshold we ignore drift below2 % of the portfolio

From today’s portfolio

Recent trades the portfolio actually placed. Any drift smaller than 2 % of the book was left alone — trading those would have cost more in spread than it saved in tracking.

DateNameSideSize
2026-09-01ADBEBUY$163.68K
2026-09-01ANETSELL$154.24K
2026-09-01AVGOBUY$163.68K
2026-09-01CIENBUY$163.68K
2026-09-01CSCOSELL$151.97K
2026-09-01DELLBUY$13.19K
2026-09-01FTNTSELL$172.63K
2026-09-01HPEBUY$15.24K
2026-09-01JPMBUY$163.68K
2026-09-01LITESELL$159.87K
2026-09-01MUSELL$175.72K
2026-09-01PANWBUY$163.68K
2026-09-01PSXBUY$163.68K
2026-09-01TRVSELL$4.98K
2026-09-01UNHSELL$167.63K