Fundstrat Rebalances Granny Shots Large Cap ETF with 9 Adds, 8 Drops
Fundstrat Capital rebalanced its Granny Shots US Large Cap ETF in February, adding nine stocks such as Chevron and Amgen, and removing eight including CrowdStrike and Palo Alto Networks. The ETF’s AUM topped $4.1 billion and post-rebalance weightings rose to 25% Information Technology, 20% Industrials and 15% Financials.
1. Quarterly Rebalance Completed
Fundstrat Capital executed its February 2026 quarterly rebalance of the Granny Shots US Large Cap ETF, applying its proprietary multi-theme framework to adjust portfolio positioning for changing market conditions.
2. Additions and Removals
The update introduced nine new large-cap stocks, including Chevron, Amgen and Union Pacific, while removing eight names such as CrowdStrike, Palo Alto Networks and Axon Enterprise to align with revised thematic signals.
3. Sector Allocation Changes
Post-rebalance sector weightings shifted to Information Technology at 25%, Industrials at 20%, Financials at 15%, with remaining allocations across Energy (8%), Communications Services (7%) and Materials (7%), reflecting the fund’s tilt toward quality cyclicals and value.
4. Thematic Investment Framework
The Granny Shots strategy requires each holding to meet at least two of seven investment themes—Style Tilt, Seasonality, PMI Recovery, Millennials, Global Labor Supply, Energy & Cybersecurity, and Easing Financial Conditions—combining top-down macro research with bottom-up quantitative screening.