| Item | Value |
|---|---|
| Ticker (pseudo) | FACC |
| CUSIP | Not applicable (hypothetical model portfolio) |
| Listing exchange | Not listed (hypothetical) |
| Underlying model | Earnings Quality (Accruals) factor (Consumer Cyclical only) |
| Placeholder expense ratio | 0.45% |
| Placeholder inception date |
| 2020-04-20 |
| Number of holdings (long leg) | 56 |
| Weighting | Cap-weighted |
| Rebalance frequency | Monthly |
| Holdings as of | November 2026 |
| # | Ticker | Company | Sector | Weight | Market Value | CUSIP |
|---|---|---|---|---|---|---|
| 1 | CMG | CHIPOTLE MEXICAN GRILL INC | Consumer Cyclical | 17.35% | $17,348,985 | HYP-CMG |
| 2 | WSM | WILLIAMS SONOMA INC | Consumer Cyclical | 11.50% | $11,499,710 | HYP-WSM |
| 3 | CPNG | COUPANG INC | Consumer Cyclical | 10.69% | $10,686,528 | HYP-CPNG |
| 4 | RIVN | RIVIAN AUTOMOTIVE INC | Consumer Cyclical | 7.29% | $7,285,613 | HYP-RIVN |
| 5 | IP | INTERNATIONAL PAPER CO | Consumer Cyclical | 7.01% | $7,009,405 | HYP-IP |
| 6 | YUMC | YUM CHINA HOLDINGS INC | Consumer Cyclical | 6.46% | $6,464,319 | HYP-YUMC |
| 7 | W | WAYFAIR INC | Consumer Cyclical | 5.95% | $5,948,793 | HYP-W |
| 8 | FLUT | FLUTTER ENTERTAINMENT PLC | Consumer Cyclical | 5.56% | $5,557,780 | HYP-FLUT |
| 9 | DKNG | DRAFTKINGS INC | Consumer Cyclical | 3.72% | $3,715,261 | HYP-DKNG |
| 10 | URBN | URBAN OUTFITTERS INC | Consumer Cyclical | 2.83% | $2,832,666 | HYP-URBN |
| 11 | HRB | H&R BLOCK INC | Consumer Cyclical | 2.40% | $2,404,646 | HYP-HRB |
| 12 | MSGE | MADISON SQUARE GARDEN ENTERTAINMENT CORP | Consumer Cyclical | 1.46% | $1,457,357 | HYP-MSGE |
| 13 | PII | POLARIS INC | Consumer Cyclical | 1.44% | $1,436,026 | HYP-PII |
| 14 | HOG | HARLEY-DAVIDSON INC | Consumer Cyclical | 1.28% | $1,277,585 | HYP-HOG |
| 15 | GPK | GRAPHIC PACKAGING HOLDING CO | Consumer Cyclical | 1.25% | $1,245,843 | HYP-GPK |
| 16 | SHAK | SHAKE SHACK INC | Consumer Cyclical | 1.21% | $1,213,086 | HYP-SHAK |
| 17 | CARG | CARGURUS INC | Consumer Cyclical | 1.19% | $1,194,680 | HYP-CARG |
| 18 | RH | RH | Consumer Cyclical | 0.95% | $953,685 | HYP-RH |
| 19 | DAN | DANA INC | Consumer Cyclical | 0.88% | $884,623 | HYP-DAN |
| 20 | LIND | LINDBLAD EXPEDITIONS HOLDINGS INC | Consumer Cyclical | 0.87% | $873,860 | HYP-LIND |
| 21 | CPRI | CAPRI HOLDINGS LTD | Consumer Cyclical | 0.82% | $821,372 | HYP-CPRI |
| 22 | ARHS | ARHAUS INC | Consumer Cyclical | 0.75% | $747,357 | HYP-ARHS |
| 23 | REAL | THEREALREAL INC | Consumer Cyclical | 0.70% | $695,922 | HYP-REAL |
| 24 | SVV | SAVERS VALUE VILLAGE INC | Consumer Cyclical | 0.60% | $604,437 | HYP-SVV |
| 25 | SG | SWEETGREEN INC | Consumer Cyclical | 0.58% | $575,502 | HYP-SG |
| 26 | CBRL | CRACKER BARREL OLD COUNTRY STORE INC | Consumer Cyclical | 0.57% | $565,363 | HYP-CBRL |
| 27 | TRS | TRIMAS CORP | Consumer Cyclical | 0.53% | $526,289 | HYP-TRS |
| 28 | BJRI | BJS RESTAURANTS INC | Consumer Cyclical | 0.47% | $468,770 | HYP-BJRI |
| 29 | FUN | SIX FLAGS ENTERTAINMENT CORPORATION | Consumer Cyclical | 0.45% | $446,426 | HYP-FUN |
| 30 | BLMN | BLOOMIN' BRANDS INC | Consumer Cyclical | 0.34% | $338,407 | HYP-BLMN |
| 31 | FOXF | FOX FACTORY HOLDING CORP | Consumer Cyclical | 0.28% | $283,891 | HYP-FOXF |
| 32 | KRT | KARAT PACKAGING INC | Consumer Cyclical | 0.28% | $275,506 | HYP-KRT |
| 33 | PZZA | PAPA JOHNS INTERNATIONAL INC | Consumer Cyclical | 0.25% | $246,142 | HYP-PZZA |
| 34 | MLR | MILLER INDUSTRIES INC | Consumer Cyclical | 0.21% | $214,712 | HYP-MLR |
| 35 | FOSL | FOSSIL GROUP INC | Consumer Cyclical | 0.20% | $201,570 | HYP-FOSL |
| 36 | ETD | ETHAN ALLEN INTERIORS INC | Consumer Cyclical | 0.17% | $174,078 | HYP-ETD |
| 37 | FNKO | FUNKO INC | Consumer Cyclical | 0.15% | $151,850 | HYP-FNKO |
| 38 | SHOE | SHOE STATION GROUP INC | Consumer Cyclical | 0.15% | $150,524 | HYP-SHOE |
| 39 | CTRN | CITI TRENDS INC | Consumer Cyclical | 0.14% | $139,995 | HYP-CTRN |
| 40 | CHPT | CHARGEPOINT HOLDINGS INC | Consumer Cyclical | 0.13% | $126,152 | HYP-CHPT |
| 41 | AOUT | AMERICAN OUTDOOR BRANDS INC | Consumer Cyclical | 0.09% | $93,434 | HYP-AOUT |
| 42 | SGC | SUPERIOR GROUP OF COMPANIES INC | Consumer Cyclical | 0.09% | $88,599 | HYP-SGC |
| 43 | LOVE | LOVESAC CO | Consumer Cyclical | 0.09% | $85,674 | HYP-LOVE |
| 44 | VRA | VERA BRADLEY INC | Consumer Cyclical | 0.08% | $84,582 | HYP-VRA |
| 45 | ZUMZ | ZUMIEZ INC | Consumer Cyclical | 0.08% | $84,231 | HYP-ZUMZ |
| 46 | DIBS | 1STDIBSCOM INC | Consumer Cyclical | 0.08% | $77,407 | HYP-DIBS |
| 47 | COOK | TRAEGER INC | Consumer Cyclical | 0.06% | $63,017 | HYP-COOK |
| 48 | HOFT | HOOKER FURNISHINGS CORP | Consumer Cyclical | 0.06% | $60,717 | HYP-HOFT |
| 49 | SRI | STONERIDGE INC | Consumer Cyclical | 0.06% | $56,661 | HYP-SRI |
| 50 | UFI | UNIFI INC | Consumer Cyclical | 0.05% | $48,862 | HYP-UFI |
| 51 | WW | WW INTERNATIONAL INC | Consumer Cyclical | 0.05% | $47,848 | HYP-WW |
| 52 | AKA | AKA BRANDS HOLDING CORP | Consumer Cyclical | 0.04% | $38,060 | HYP-AKA |
| 53 | LAKE | LAKELAND INDUSTRIES INC | Consumer Cyclical | 0.04% | $35,993 | HYP-LAKE |
| 54 | NDLS | NOODLES & CO | Consumer Cyclical | 0.03% | $31,977 | HYP-NDLS |
| 55 | BARK | BARK INC | Consumer Cyclical | 0.03% | $31,665 | HYP-BARK |
| 56 | PRTS | CARPARTSCOM INC | Consumer Cyclical | 0.03% | $26,556 | HYP-PRTS |
DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE.