Fundamentals. Quantitative. Behavioral.

Stan is our multi‑factor model, built using the latest AI algorithms. Stan combines fundamentals, quantitative factors, and behavioral anomalies in search of interesting opportunities.

Read the Daily Stan Report
OVERVIEW
What is STAN
STAN combines fundamentals, quantitative signals, and behavioral market information to decide what to own, how much to own, and when to cut risk.

There is already so much great fundamental market commentary, especially in TMT. We do not think adding to that pile is particularly helpful. What we find much less of is a real portfolio process, driven not by discretion, but by a disciplined model with a building track record. We think that could be a valuable addition, especially over time.
LIVE PERFORMANCE
Early Results
Latest update: April 04, 2026
All Sector Portfolio
S&P 500
ALL
SPY
MTD Apr 2026
+0.0%
+0.0%
YTD 2026
+0.0%
+0.0%
Since Launch Since Dec 04, 2025
+0.0%
+0.0%
TMT Portfolio
Nasdaq 100
TECH
QQQ
MTD Apr 2026
+0.0%
+0.0%
YTD 2026
+0.0%
+0.0%
Since Launch Since Dec 9, 2024
+0.0%
+0.0%

These numbers are really early, but looking underneath the hood on returns, we're encouraged by the strong risk management and exit discipline we see in STAN, which has led to shallow drawdowns in ALL. We run TECH a bit more risky, but we think the reward has so far been more than worth it. Again, early.

Updated daily after market close

INVESTMENT PHILOSOPHY
How We Think
Our investment principles as fundamental investors have seeped into STAN, and made it better we hope. Here they are:

1. Know what you own. We prefer a book we can actually explain.
2. Concentrate, but not blindly. A few names matter a lot. Concentration without discipline is just ego.
3. Risk management comes first. We would rather take small losses than spend months recovering from large ones.
4. Listen to price, but do not worship it. Strength matters. So does knowing when that strength is crowded or exhausted.
5. Stay flexible. Markets change fast. Positions that were right yesterday can become wrong very quickly.
COMMON QUESTIONS
Is This Just Momentum?
The reason this question even exists on this page is because as you get to know STAN, you'll quickly realize STAN prefers stocks that are already working. Much like its namesake, STAN does not buy broken charts. This should naturally lead to the question: is it just momentum?

But not all momentum is the same. Some trends are early, some are crowded, some are fragile, and some still have room. The rest of the process exists to separate those cases and cut risk when the move stops paying us.

While it is still very early, the first read is at least somewhat encouraging. Since our launch in early December 2025 through April 2, 2026, MTUM is -2.29% and VFMO is +2.88%. Over that same stretch, ALL is +18.04% and TECH is +24.96%. Far too early to make any grand claims, but it does give us some comfort that this is not just pure beta to the momentum trade.
TRANSPARENCY
Why Make It Public?
This is one of those questions we've thought a lot about, but in the end, the answer is really quite simple. Of course, publishing any of this could erode any edge we have, but it's also the case that it will make us better, sharper, more accountable and hopefully improve the model and our thinking. We manage our own capital, with no fiduciary duty to anyone.
TRANSPARENCY
What You Will See Here
We will publish a daily note with transparent performance, including every big winner and loser. We will record what our model chose and what it missed. We'd love for you to follow along, hopefully benefit from the insights and we would love some critical feedback. Our goal is to share and learn in equal measure.