daily manager report·

Portfolio gains modestly in the session

The combined simulated portfolio added $1,102.23 (+0.11%) to close at $994,670.40, with the Trend Performance Portfolio providing most of the day’s gain.

Period result
$1,102.23
+0.11%
Portfolio value
$994,670.40
238 positions
Since inception
-$5,329.60
-0.53%
Closing coverage
100%
recorded prices
Closing valuation note. 1 of 238 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 portfolio finished the session at $994,670.40, up $1,102.23 (+0.11%). It remains behind since inception by $5,329.60 (-0.53%).

Session overview

Performance was mixed beneath the headline gain: 113 positions rose, 118 fell and 7 were unchanged. The worst combined intraperiod drawdown was -0.20%.

The Market Dynamics Performance Portfolio closed at $494,683.16, gaining $199.68 (+0.04%) during the session and standing at a shortfall of $5,316.84 since inception. The Trend Performance Portfolio closed at $499,987.24, gaining $902.54 (+0.18%) during the session and standing at a shortfall of $12.76 since inception.

Main contributors

The strongest position contributions came from ORBS at $204.25 (+10.95%), CBAT at $181.31 (+11.21%) and SRFM at $177.93 (+14.58%). The largest drags were VRME at -$361.80 (-24.90%), SST at -$185.38 (-12.63%) and NAMI at -$96.68 (-8.02%).

Valuation and portfolio activity

There were no purchases or exits in the session, with purchases and exits both totalling $0.00.

Closing price coverage was 99.58%. BRNS, 1 of 238 holdings, did not have a current-session price and was therefore valued at its latest validated price.

BRNS has a confirmed entitlement to 182 shares in Beacon Topco, Inc., plus cash for 0.508827647755633 of a share. The entitlement remains recorded at its last pre-event value and cost basis while share delivery, the cash amount and payment are pending; there is currently no trading price or spendable cash from the action.

Market context

The S&P 500 changed -0.00%, while the NASDAQ Composite changed +0.45% and the Russell 2000 changed +0.51% from the 2026-09-21 close to the 2026-09-22 close. The CBOE Volatility Index changed -4.44% over the same interval.

The session produced a small overall gain despite slightly more falling than rising holdings. The reported closing value includes the last-known-price valuation for BRNS until a current trading price or the pending corporate-action settlement becomes available.

In brief

  • The combined portfolio closed at $994,670.40, up $1,102.23 (+0.11%) for the session.
  • The Trend Performance Portfolio gained $902.54 (+0.18%), compared with $199.68 (+0.04%) for the Market Dynamics Performance Portfolio.
  • No purchases or exits were made.
  • BRNS was valued at its latest validated price because it had no current-session price; it represents 1 of 238 holdings.
Performance tear sheet · Preliminary

Risk and return through the report close

36 complete daily valuations through Tuesday 22 September 2026. Metrics appear when there is enough history.

Total return
-0.53%
Annualised return
-3.67%
Annualised volatility
6.08%
Maximum drawdown
-2.73%
Sharpe ratio
-0.59
Sortino ratio
-0.85
QuantStats 0.0.81 · recorded closing portfolio values.

Portfolio performance

PortfolioClosePeriodSince inception
Market Dynamics Performance Portfolio$494,683.16$199.68 · +0.04%-$5,316.84 · -1.06%
Trend Performance Portfolio$499,987.24$902.54 · +0.18%-$12.76 · -0.00%

Strongest contributions

ORBSMarket Dynamics Performance Portfolio$204.25 · +10.95%
CBATMarket Dynamics Performance Portfolio$181.31 · +11.21%
SRFMMarket Dynamics Performance Portfolio$177.93 · +14.58%
AMBRMarket Dynamics Performance Portfolio$164.57 · +14.55%
MNTKTrend Performance Portfolio$152.60 · +11.78%

Weakest contributions

VRMEMarket Dynamics Performance Portfolio-$361.80 · -24.90%
SSTMarket Dynamics Performance Portfolio-$185.38 · -12.63%
NAMIMarket Dynamics Performance Portfolio-$96.68 · -8.02%
WFFMarket Dynamics Performance Portfolio-$96.46 · -6.90%
INSPMarket Dynamics Performance Portfolio-$90.09 · -5.80%

Market backdrop

S&P 500
-0.00%
NASDAQ Composite
+0.45%
Russell 2000
+0.51%
CBOE Volatility Index
-4.44%