| Item | Value |
|---|---|
| Ticker (pseudo) | FBMC |
| CUSIP | Not applicable (hypothetical model portfolio) |
| Listing exchange | Not listed (hypothetical) |
| Underlying model | Book-to-Market Value factor (Consumer Cyclical only) |
| Placeholder expense ratio | 0.45% |
| Placeholder inception date |
| 2019-04-24 |
| Number of holdings (long leg) | 39 |
| Weighting | Cap-weighted |
| Rebalance frequency | Monthly |
| Holdings as of | November 2026 |
| # | Ticker | Company | Sector | Weight | Market Value | CUSIP |
|---|---|---|---|---|---|---|
| 1 | GM | GENERAL MOTORS CO | Consumer Cyclical | 41.19% | $41,190,897 | HYP-GM |
| 2 | F | FORD MOTOR CO | Consumer Cyclical | 26.90% | $26,903,072 | HYP-F |
| 3 | LEN | LENNAR CORP | Consumer Cyclical | 11.26% | $11,257,165 | HYP-LEN |
| 4 | MHK | MOHAWK INDUSTRIES INC | Consumer Cyclical | 4.83% | $4,826,263 | HYP-MHK |
| 5 | MTH | MERITAGE HOMES CORP | Consumer Cyclical | 2.36% | $2,363,452 | HYP-MTH |
| 6 | HOG | HARLEY-DAVIDSON INC | Consumer Cyclical | 1.85% | $1,854,822 | HYP-HOG |
| 7 | MHO | M/I HOMES INC | Consumer Cyclical | 1.79% | $1,794,810 | HYP-MHO |
| 8 | KBH | KB HOME | Consumer Cyclical | 1.67% | $1,666,011 | HYP-KBH |
| 9 | KSS | KOHLS CORP | Consumer Cyclical | 1.51% | $1,508,395 | HYP-KSS |
| 10 | CCS | CENTURY COMMUNITIES INC | Consumer Cyclical | 0.83% | $830,826 | HYP-CCS |
| 11 | GIII | G III APPAREL GROUP LTD | Consumer Cyclical | 0.76% | $764,643 | HYP-GIII |
| 12 | DFH | DREAM FINDERS HOMES INC | Consumer Cyclical | 0.56% | $564,339 | HYP-DFH |
| 13 | LGIH | LGI HOMES INC | Consumer Cyclical | 0.54% | $541,749 | HYP-LGIH |
| 14 | LEGH | LEGACY HOUSING CORP | Consumer Cyclical | 0.38% | $382,038 | HYP-LEGH |
| 15 | CNNE | CANNAE HOLDINGS INC | Consumer Cyclical | 0.38% | $378,188 | HYP-CNNE |
| 16 | HOV | HOVNANIAN ENTERPRISES INC | Consumer Cyclical | 0.32% | $321,687 | HYP-HOV |
| 17 | JOUT | JOHNSON OUTDOORS INC | Consumer Cyclical | 0.28% | $282,226 | HYP-JOUT |
| 18 | CAL | CALERES INC | Consumer Cyclical | 0.26% | $257,882 | HYP-CAL |
| 19 | JAKK | JAKKS PACIFIC INC | Consumer Cyclical | 0.24% | $235,575 | HYP-JAKK |
| 20 | GCO | GENESCO INC | Consumer Cyclical | 0.22% | $219,157 | HYP-GCO |
| 21 | SHOE | SHOE STATION GROUP INC | Consumer Cyclical | 0.22% | $218,534 | HYP-SHOE |
| 22 | LE | LANDS' END INC | Consumer Cyclical | 0.15% | $149,181 | HYP-LE |
| 23 | STRT | STRATTEC SECURITY CORP | Consumer Cyclical | 0.14% | $142,330 | HYP-STRT |
| 24 | AOUT | AMERICAN OUTDOOR BRANDS INC | Consumer Cyclical | 0.14% | $135,650 | HYP-AOUT |
| 25 | LOVE | LOVESAC CO | Consumer Cyclical | 0.12% | $124,383 | HYP-LOVE |
| 26 | VRA | VERA BRADLEY INC | Consumer Cyclical | 0.12% | $122,798 | HYP-VRA |
| 27 | ZUMZ | ZUMIEZ INC | Consumer Cyclical | 0.12% | $122,288 | HYP-ZUMZ |
| 28 | CLAR | CLARUS CORP | Consumer Cyclical | 0.11% | $112,041 | HYP-CLAR |
| 29 | BSET | BASSETT FURNITURE INDUSTRIES INC | Consumer Cyclical | 0.11% | $105,757 | HYP-BSET |
| 30 | HOFT | HOOKER FURNISHINGS CORP | Consumer Cyclical | 0.09% | $88,150 | HYP-HOFT |
| 31 | MPAA | MOTORCAR PARTS OF AMERICA INC | Consumer Cyclical | 0.08% | $82,771 | HYP-MPAA |
| 32 | MED | MEDIFAST INC | Consumer Cyclical | 0.08% | $81,412 | HYP-MED |
| 33 | UFI | UNIFI INC | Consumer Cyclical | 0.07% | $70,939 | HYP-UFI |
| 34 | BDL | FLANIGANS ENTERPRISES INC | Consumer Cyclical | 0.06% | $60,352 | HYP-BDL |
| 35 | VIRC | VIRCO MFG CORPORATION | Consumer Cyclical | 0.06% | $56,785 | HYP-VIRC |
| 36 | JRSH | JERASH HOLDINGS (US) INC | Consumer Cyclical | 0.05% | $52,822 | HYP-JRSH |
| 37 | CPHC | CANTERBURY PARK HOLDING CORP | Consumer Cyclical | 0.05% | $46,085 | HYP-CPHC |
| 38 | BARK | BARK INC | Consumer Cyclical | 0.05% | $45,971 | HYP-BARK |
| 39 | PRTS | CARPARTSCOM INC | Consumer Cyclical | 0.04% | $38,555 | HYP-PRTS |
DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE.