daily manager report·

Daily simulated portfolio report: modest gain on 11 September 2026

The combined portfolio gained $3,250.38 (+0.33%) in the session, closing at $995,941.75. Both portfolio buckets advanced, although the overall result trailed the reported moves in the main equity indices.

Period result
$3,250.38
+0.33%
Portfolio value
$995,941.75
218 positions
Since inception
-$4,058.25
-0.41%
Closing coverage
100%
recorded prices
Closing valuation note. 1 of 218 holdings did not have a current-session price. Their latest validated prices were retained, so the report reflects what was known at the close without treating coverage as complete. Affected holdings: BRNS.

The combined simulated portfolio closed at $995,941.75, up $3,250.38 (+0.33%) for the day. It remains behind by $4,058.25 (-0.41%) since inception. There were 135 rising positions, 76 falling positions and 7 unchanged positions, showing that gains were spread across more holdings than losses.

Performance across the two portfolios

Market Dynamics was the stronger of the two buckets, closing at $497,612.55 after gaining $2,246.69 (+0.45%) during the day. Trend closed at $498,329.20, gaining $1,003.69 (+0.20%). Since inception, Market Dynamics is -$2,387.45 and Trend is -$1,670.80.

What drove the day

The largest positive position contributions came from REAX at $1,076.54 (+9.56%), XHLD at $558.70 (+14.27%) and AQB at $158.03 (+15.09%). The main offsets were SWVL at -$155.55 (-8.51%), ADVB at -$121.67 (-9.49%) and ORIO at -$92.19 (-6.58%).

For context, the S&P 500 changed +0.86%, the NASDAQ Composite +0.96% and the Russell 2000 +0.45% between their 2026-09-10 and 2026-09-11 closes. The CBOE Volatility Index changed -11.21% over the same dates.

Trading, risk and valuation

No purchases or exits were made during the session. Purchases totalled $0.00 and exits totalled $0.00.

The worst combined intraperiod drawdown was -0.09%. Closing price coverage was 99.54% because 1 of 218 holdings, BRNS, did not have a current-session price and was valued at its latest validated price. This means the closing portfolio value includes a last-known-price valuation for BRNS rather than a current-session price.

For BRNS, there is a confirmed entitlement to 182 shares in Beacon Topco, Inc., plus cash for 0.508827647755633 of a share. The pending entitlement retains its last pre-event value and cost basis. Share delivery, the cash amount and payment remain pending, and there is no current trading price or spendable cash from this action.

The portfolio finished the day higher, led by the Market Dynamics bucket and supported by positive breadth. The reported closing value should be read with the stated BRNS last-known-price valuation in mind until a current-session price becomes available.

In brief

  • Combined portfolio: $995,941.75, up $3,250.38 (+0.33%) for the day.
  • No purchases or exits were made.
  • BRNS was valued at its latest validated price because it had no current-session price; it was the 1 holding without current-session pricing out of 218.

Bucket performance

BucketClosePeriodSince inception
Market Dynamics Performance Portfolio$497,612.55$2,246.69 · +0.45%-$2,387.45 · -0.48%
Trend Performance Portfolio$498,329.20$1,003.69 · +0.20%-$1,670.80 · -0.33%

Strongest contributions

REAXMarket Dynamics Performance Portfolio$1,076.54 · +9.56%
XHLDMarket Dynamics Performance Portfolio$558.70 · +14.27%
AQBTrend Performance Portfolio$158.03 · +15.09%
CDWTrend Performance Portfolio$151.59 · +7.85%
JILLTrend Performance Portfolio$148.27 · +6.27%

Weakest contributions

SWVLMarket Dynamics Performance Portfolio-$155.55 · -8.51%
ADVBTrend Performance Portfolio-$121.67 · -9.49%
ORIOMarket Dynamics Performance Portfolio-$92.19 · -6.58%
GTECMarket Dynamics Performance Portfolio-$80.89 · -4.67%
TNDMMarket Dynamics Performance Portfolio-$66.98 · -6.66%

Market backdrop

S&P 500
+0.86%
NASDAQ Composite
+0.96%
Russell 2000
+0.45%
CBOE Volatility Index
-11.21%