| Item | Value |
|---|---|
| Ticker (pseudo) | FCAH |
| CUSIP | Not applicable (hypothetical model portfolio) |
| Listing exchange | Not listed (hypothetical) |
| Underlying model | Cash factor (Healthcare only) |
| Placeholder expense ratio | 0.45% |
| Placeholder inception date |
| 2019-12-03 |
| Number of holdings (long leg) | 93 |
| Weighting | Cap-weighted |
| Rebalance frequency | Monthly |
| Holdings as of | November 2026 |
| # | Ticker | Company | Sector | Weight | Market Value | CUSIP |
|---|---|---|---|---|---|---|
| 1 | ONC | BEONE MEDICINES LTD | Healthcare | 19.47% | $19,469,183 | HYP-ONC |
| 2 | INCY | INCYTE CORP | Healthcare | 10.17% | $10,167,758 | HYP-INCY |
| 3 | GH | GUARDANT HEALTH INC | Healthcare | 8.59% | $8,587,243 | HYP-GH |
| 4 | BBIO | BRIDGEBIO PHARMA INC | Healthcare | 6.24% | $6,241,556 | HYP-BBIO |
| 5 | OSCR | OSCAR HEALTH INC | Healthcare | 4.07% | $4,067,406 | HYP-OSCR |
| 6 | PTGX | PROTAGONIST THERAPEUTICS INC | Healthcare | 3.60% | $3,595,096 | HYP-PTGX |
| 7 | TXG | 10X GENOMICS INC | Healthcare | 3.19% | $3,186,319 | HYP-TXG |
| 8 | IMVT | IMMUNOVANT INC | Healthcare | 2.97% | $2,973,097 | HYP-IMVT |
| 9 | CAI | CARIS LIFE SCIENCES INC | Healthcare | 2.82% | $2,816,480 | HYP-CAI |
| 10 | KOD | KODIAK SCIENCES INC | Healthcare | 2.79% | $2,788,649 | HYP-KOD |
| 11 | BLLN | BILLIONTOONE INC | Healthcare | 2.17% | $2,169,518 | HYP-BLLN |
| 12 | SRRK | SCHOLAR ROCK HOLDING CORP | Healthcare | 2.16% | $2,158,329 | HYP-SRRK |
| 13 | LQDA | LIQUIDIA CORP | Healthcare | 2.15% | $2,146,565 | HYP-LQDA |
| 14 | VKTX | VIKING THERAPEUTICS INC | Healthcare | 1.44% | $1,441,605 | HYP-VKTX |
| 15 | PBLS | PARABILIS MEDICINES INC | Healthcare | 1.40% | $1,402,051 | HYP-PBLS |
| 16 | AXGN | AXOGEN INC | Healthcare | 1.36% | $1,356,349 | HYP-AXGN |
| 17 | DYN | DYNE THERAPEUTICS INC | Healthcare | 1.31% | $1,306,507 | HYP-DYN |
| 18 | PVLA | PALVELLA THERAPEUTICS INC | Healthcare | 0.92% | $917,854 | HYP-PVLA |
| 19 | IMNM | IMMUNOME INC | Healthcare | 0.91% | $905,025 | HYP-IMNM |
| 20 | REPL | REPLIMUNE GROUP INC | Healthcare | 0.85% | $854,076 | HYP-REPL |
| 21 | TRAX | FIRST TRACKS BIOTHERAPEUTICS INC | Healthcare | 0.84% | $838,747 | HYP-TRAX |
| 22 | HRMY | HARMONY BIOSCIENCES HOLDINGS INC | Healthcare | 0.81% | $813,539 | HYP-HRMY |
| 23 | COAG | HEMAB THERAPEUTICS HOLDINGS INC | Healthcare | 0.75% | $754,310 | HYP-COAG |
| 24 | BFLY | BUTTERFLY NETWORK INC | Healthcare | 0.73% | $731,234 | HYP-BFLY |
| 25 | NRIX | NURIX THERAPEUTICS INC | Healthcare | 0.70% | $698,566 | HYP-NRIX |
| 26 | SLS | SELLAS LIFE SCIENCES GROUP INC | Healthcare | 0.66% | $664,669 | HYP-SLS |
| 27 | IMCR | IMMUNOCORE HOLDINGS PLC | Healthcare | 0.65% | $645,568 | HYP-IMCR |
| 28 | ALHC | ALIGNMENT HEALTHCARE INC | Healthcare | 0.64% | $643,314 | HYP-ALHC |
| 29 | ANAB | ANAPTYSBIO INC | Healthcare | 0.59% | $585,356 | HYP-ANAB |
| 30 | KRSA | KORSANA BIOSCIENCES INC | Healthcare | 0.58% | $583,880 | HYP-KRSA |
| 31 | OCUL | OCULAR THERAPEUTIX INC | Healthcare | 0.57% | $566,337 | HYP-OCUL |
| 32 | LBRX | LB PHARMACEUTICALS INC | Healthcare | 0.56% | $563,222 | HYP-LBRX |
| 33 | TYRA | TYRA BIOSCIENCES INC | Healthcare | 0.56% | $559,656 | HYP-TYRA |
| 34 | DMRA | DAMORA THERAPEUTICS INC | Healthcare | 0.56% | $559,492 | HYP-DMRA |
| 35 | AVLN | AVALYN PHARMA INC | Healthcare | 0.56% | $555,844 | HYP-AVLN |
| 36 | PRCT | PROCEPT BIOROBOTICS CORP | Healthcare | 0.55% | $554,451 | HYP-PRCT |
| 37 | KARD | KARDIGAN INC | Healthcare | 0.54% | $541,170 | HYP-KARD |
| 38 | CMPS | COMPASS PATHWAYS PLC | Healthcare | 0.53% | $529,735 | HYP-CMPS |
| 39 | INBX | INHIBRX BIOSCIENCES INC | Healthcare | 0.53% | $529,325 | HYP-INBX |
| 40 | ANRO | ALTO NEUROSCIENCE INC | Healthcare | 0.50% | $503,420 | HYP-ANRO |
| 41 | SGP | SPYGLASS PHARMA INC | Healthcare | 0.46% | $456,816 | HYP-SGP |
| 42 | MLTX | MOONLAKE IMMUNOTHERAPEUTICS | Healthcare | 0.45% | $448,946 | HYP-MLTX |
| 43 | IRMD | IRADIMED CORP | Healthcare | 0.45% | $446,733 | HYP-IRMD |
| 44 | VSTM | VERASTEM INC | Healthcare | 0.44% | $435,953 | HYP-VSTM |
| 45 | CTY | CITY THERAPEUTICS INC | Healthcare | 0.39% | $391,563 | HYP-CTY |
| 46 | OMDA | OMADA HEALTH INC | Healthcare | 0.37% | $373,815 | HYP-OMDA |
| 47 | LTGO | LATIGO BIOTHERAPEUTICS INC | Healthcare | 0.35% | $351,394 | HYP-LTGO |
| 48 | BBTX | BAMBUSA THERAPEUTICS INC | Healthcare | 0.34% | $341,639 | HYP-BBTX |
| 49 | IAM | IAMBIC THERAPEUTICS INC | Healthcare | 0.29% | $288,313 | HYP-IAM |
| 50 | NVCT | NUVECTIS PHARMA INC | Healthcare | 0.29% | $285,157 | HYP-NVCT |
| 51 | APMD | APNIMED INC | Healthcare | 0.28% | $283,763 | HYP-APMD |
| 52 | SGMT | SAGIMET BIOSCIENCES INC | Healthcare | 0.28% | $278,475 | HYP-SGMT |
| 53 | CADL | CANDEL THERAPEUTICS INC | Healthcare | 0.26% | $263,146 | HYP-CADL |
| 54 | SGHT | SIGHT SCIENCES INC | Healthcare | 0.25% | $250,357 | HYP-SGHT |
| 55 | SRZN | SURROZEN INC | Healthcare | 0.25% | $247,447 | HYP-SRZN |
| 56 | IMMX | IMMIX BIOPHARMA INC | Healthcare | 0.24% | $236,626 | HYP-IMMX |
| 57 | AVR | ANTERIS TECHNOLOGIES GLOBAL CORP | Healthcare | 0.23% | $234,167 | HYP-AVR |
| 58 | ETRA | ELECTRA THERAPEUTICS INC | Healthcare | 0.23% | $228,142 | HYP-ETRA |
| 59 | CBIO | CRESCENT BIOPHARMA INC | Healthcare | 0.22% | $218,796 | HYP-CBIO |
| 60 | PHAT | PHATHOM PHARMACEUTICALS INC | Healthcare | 0.21% | $207,565 | HYP-PHAT |
| 61 | BLSM | BLOSSOMHILL THERAPEUTICS INC | Healthcare | 0.19% | $193,342 | HYP-BLSM |
| 62 | MOBI | MOBIA MEDICAL INC | Healthcare | 0.18% | $181,825 | HYP-MOBI |
| 63 | PRTA | PROTHENA CORP PUBLIC LTD CO | Healthcare | 0.17% | $173,217 | HYP-PRTA |
| 64 | TECX | TECTONIC THERAPEUTIC INC | Healthcare | 0.17% | $172,029 | HYP-TECX |
| 65 | FENC | FENNEC PHARMACEUTICALS INC | Healthcare | 0.16% | $156,658 | HYP-FENC |
| 66 | SCTX | SCRIBE THERAPEUTICS INC | Healthcare | 0.13% | $131,819 | HYP-SCTX |
| 67 | BNTC | BENITEC BIOPHARMA INC | Healthcare | 0.13% | $129,974 | HYP-BNTC |
| 68 | CV | CAPSOVISION INC | Healthcare | 0.13% | $128,622 | HYP-CV |
| 69 | TTRX | TURN THERAPEUTICS INC | Healthcare | 0.13% | $126,941 | HYP-TTRX |
| 70 | QTTB | Q32 BIO INC | Healthcare | 0.11% | $108,169 | HYP-QTTB |
| 71 | ARCT | ARCTURUS THERAPEUTICS HOLDINGS INC | Healthcare | 0.10% | $99,725 | HYP-ARCT |
| 72 | UTMD | UTAH MEDICAL PRODUCTS INC | Healthcare | 0.10% | $96,077 | HYP-UTMD |
| 73 | DTIL | PRECISION BIOSCIENCES INC | Healthcare | 0.09% | $92,060 | HYP-DTIL |
| 74 | GLSI | GREENWICH LIFESCIENCES INC | Healthcare | 0.09% | $91,937 | HYP-GLSI |
| 75 | AMWL | AMERICAN WELL CORP | Healthcare | 0.08% | $84,928 | HYP-AMWL |
| 76 | TRDA | ENTRADA THERAPEUTICS INC | Healthcare | 0.08% | $82,961 | HYP-TRDA |
| 77 | KROS | KEROS THERAPEUTICS INC | Healthcare | 0.08% | $81,075 | HYP-KROS |
| 78 | RNAC | CARTESIAN THERAPEUTICS INC | Healthcare | 0.08% | $79,436 | HYP-RNAC |
| 79 | ACOG | ALPHA COGNITION INC | Healthcare | 0.08% | $76,402 | HYP-ACOG |
| 80 | CUE | CUE BIOPHARMA INC | Healthcare | 0.05% | $52,096 | HYP-CUE |
| 81 | SPRB | SPRUCE BIOSCIENCES INC | Healthcare | 0.05% | $50,539 | HYP-SPRB |
| 82 | IMUX | IMMUNIC INC | Healthcare | 0.04% | $43,571 | HYP-IMUX |
| 83 | RTSN | RETENSION PHARMACEUTICALS INC | Healthcare | 0.04% | $39,554 | HYP-RTSN |
| 84 | JYNT | JOINT CORP | Healthcare | 0.04% | $37,545 | HYP-JYNT |
| 85 | RLYB | RALLYBIO CORP | Healthcare | 0.03% | $34,553 | HYP-RLYB |
| 86 | VTVT | VTV THERAPEUTICS INC | Healthcare | 0.03% | $34,020 | HYP-VTVT |
| 87 | NRXS | NEURAXIS INC | Healthcare | 0.03% | $33,447 | HYP-NRXS |
| 88 | NTRB | NUTRIBAND INC | Healthcare | 0.03% | $29,758 | HYP-NTRB |
| 89 | GOSS | GOSSAMER BIO INC | Healthcare | 0.03% | $28,159 | HYP-GOSS |
| 90 | XLO | XILIO THERAPEUTICS INC | Healthcare | 0.02% | $23,855 | HYP-XLO |
| 91 | COCH | ENVOY MEDICAL INC | Healthcare | 0.02% | $21,601 | HYP-COCH |
| 92 | YARW | YARROW BIOSCIENCE INC | Healthcare | 0.02% | $21,478 | HYP-YARW |
| 93 | ELOX | ELOXX PHARMACEUTICALS INC | Healthcare | 0.02% | $21,314 | HYP-ELOX |
DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE.