| Item | Value |
|---|---|
| Ticker (pseudo) | FOCI |
| CUSIP | Not applicable (hypothetical model portfolio) |
| Listing exchange | Not listed (hypothetical) |
| Underlying model | OCFP factor (Industrials only) |
| Placeholder expense ratio | 0.45% |
| Placeholder inception date |
| 2022-09-16 |
| Number of holdings (long leg) | 77 |
| Weighting | Cap-weighted |
| Rebalance frequency | Monthly |
| Holdings as of | November 2026 |
| # | Ticker | Company | Sector | Weight | Market Value | CUSIP |
|---|---|---|---|---|---|---|
| 1 | DAL | DELTA AIR LINES INC | Industrials | 18.28% | $18,284,969 | HYP-DAL |
| 2 | UAL | UNITED AIRLINES HOLDINGS INC | Industrials | 11.61% | $11,606,504 | HYP-UAL |
| 3 | LUV | SOUTHWEST AIRLINES CO | Industrials | 7.11% | $7,110,973 | HYP-LUV |
| 4 | SWK | STANLEY BLACK & DECKER INC | Industrials | 5.40% | $5,396,513 | HYP-SWK |
| 5 | UHAL | U-HAUL HOLDING CO | Industrials | 3.48% | $3,484,215 | HYP-UHAL |
| 6 | R | RYDER SYSTEM INC | Industrials | 3.42% | $3,424,552 | HYP-R |
| 7 | KNX | KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC | Industrials | 3.23% | $3,227,677 | HYP-KNX |
| 8 | OC | OWENS CORNING | Industrials | 2.91% | $2,910,834 | HYP-OC |
| 9 | AAL | AMERICAN AIRLINES GROUP INC | Industrials | 2.83% | $2,832,065 | HYP-AAL |
| 10 | OSK | OSHKOSH CORP | Industrials | 2.75% | $2,748,896 | HYP-OSK |
| 11 | ADT | ADT INC | Industrials | 2.32% | $2,320,049 | HYP-ADT |
| 12 | GATX | GATX CORP | Industrials | 2.12% | $2,121,472 | HYP-GATX |
| 13 | FBIN | FORTUNE BRANDS INNOVATIONS INC | Industrials | 1.81% | $1,810,537 | HYP-FBIN |
| 14 | HRI | HERC HOLDINGS INC | Industrials | 1.79% | $1,789,151 | HYP-HRI |
| 15 | ENS | ENERSYS | Industrials | 1.71% | $1,711,666 | HYP-ENS |
| 16 | TPC | TUTOR PERINI CORP | Industrials | 1.69% | $1,693,651 | HYP-TPC |
| 17 | SNDR | SCHNEIDER NATIONAL INC | Industrials | 1.63% | $1,630,328 | HYP-SNDR |
| 18 | BCO | BRINKS CO | Industrials | 1.55% | $1,547,545 | HYP-BCO |
| 19 | CAR | AVIS BUDGET GROUP INC | Industrials | 1.43% | $1,426,388 | HYP-CAR |
| 20 | AGX | ARGAN INC | Industrials | 1.42% | $1,420,672 | HYP-AGX |
| 21 | ALK | ALASKA AIR GROUP INC | Industrials | 1.41% | $1,414,154 | HYP-ALK |
| 22 | WSC | WILLSCOT HOLDINGS CORP | Industrials | 1.16% | $1,157,487 | HYP-WSC |
| 23 | SEB | SEABOARD CORP | Industrials | 1.14% | $1,138,863 | HYP-SEB |
| 24 | MMS | MAXIMUS INC | Industrials | 1.09% | $1,090,632 | HYP-MMS |
| 25 | ABM | ABM INDUSTRIES INC | Industrials | 1.03% | $1,030,872 | HYP-ABM |
| 26 | SKYW | SKYWEST INC | Industrials | 1.01% | $1,007,591 | HYP-SKYW |
| 27 | TNET | TRINET GROUP INC | Industrials | 0.96% | $961,158 | HYP-TNET |
| 28 | TRN | TRINITY INDUSTRIES INC | Industrials | 0.76% | $757,733 | HYP-TRN |
| 29 | CTOS | CUSTOM TRUCK ONE SOURCE INC | Industrials | 0.75% | $754,297 | HYP-CTOS |
| 30 | PBI | PITNEY BOWES INC | Industrials | 0.68% | $680,794 | HYP-PBI |
| 31 | NSP | INSPERITY INC | Industrials | 0.61% | $609,699 | HYP-NSP |
| 32 | WERN | WERNER ENTERPRISES INC | Industrials | 0.53% | $534,462 | HYP-WERN |
| 33 | ENR | ENERGIZER HOLDINGS INC | Industrials | 0.53% | $531,508 | HYP-ENR |
| 34 | HLMN | HILLMAN SOLUTIONS CORP | Industrials | 0.49% | $492,493 | HYP-HLMN |
| 35 | HUBG | HUB GROUP INC | Industrials | 0.48% | $479,359 | HYP-HUBG |
| 36 | ICFI | ICF INTERNATIONAL INC | Industrials | 0.47% | $473,707 | HYP-ICFI |
| 37 | PRG | PROG HOLDINGS INC | Industrials | 0.47% | $471,716 | HYP-PRG |
| 38 | UPWK | UPWORK INC | Industrials | 0.40% | $398,246 | HYP-UPWK |
| 39 | RHLD | RESOLUTE HOLDINGS MANAGEMENT INC | Industrials | 0.39% | $391,599 | HYP-RHLD |
| 40 | TH | TARGET HOSPITALITY CORP | Industrials | 0.38% | $376,731 | HYP-TH |
| 41 | GNK | GENCO SHIPPING & TRADING LTD | Industrials | 0.37% | $369,634 | HYP-GNK |
| 42 | APOG | APOGEE ENTERPRISES INC | Industrials | 0.32% | $318,128 | HYP-APOG |
| 43 | WLFC | WILLIS LEASE FINANCE CORP | Industrials | 0.31% | $314,981 | HYP-WLFC |
| 44 | RJET | REPUBLIC AIRWAYS HOLDINGS INC | Industrials | 0.31% | $305,187 | HYP-RJET |
| 45 | BV | BRIGHTVIEW HOLDINGS INC | Industrials | 0.30% | $300,177 | HYP-BV |
| 46 | PSIX | POWER SOLUTIONS INTERNATIONAL INC | Industrials | 0.29% | $291,957 | HYP-PSIX |
| 47 | ASTE | ASTEC INDUSTRIES INC | Industrials | 0.29% | $285,920 | HYP-ASTE |
| 48 | CODI | COMPASS DIVERSIFIED HOLDINGS | Industrials | 0.29% | $285,085 | HYP-CODI |
| 49 | NX | QUANEX BUILDING PRODUCTS CORP | Industrials | 0.28% | $284,603 | HYP-NX |
| 50 | MTW | MANITOWOC CO INC | Industrials | 0.28% | $282,677 | HYP-MTW |
| 51 | NWPX | NWPX INFRASTRUCTURE INC | Industrials | 0.28% | $282,291 | HYP-NWPX |
| 52 | KODK | EASTMAN KODAK CO | Industrials | 0.27% | $267,777 | HYP-KODK |
| 53 | ONT | ONTERRIS INC | Industrials | 0.26% | $260,520 | HYP-ONT |
| 54 | ULH | UNIVERSAL LOGISTICS HOLDINGS INC | Industrials | 0.25% | $251,561 | HYP-ULH |
| 55 | SWBI | SMITH & WESSON BRANDS INC | Industrials | 0.22% | $224,202 | HYP-SWBI |
| 56 | PANL | PANGAEA LOGISTICS SOLUTIONS LTD | Industrials | 0.20% | $198,898 | HYP-PANL |
| 57 | TITN | TITAN MACHINERY INC | Industrials | 0.18% | $176,677 | HYP-TITN |
| 58 | SBC | SBC MEDICAL GROUP HOLDINGS INC | Industrials | 0.18% | $176,356 | HYP-SBC |
| 59 | EBF | ENNIS INC | Industrials | 0.17% | $172,663 | HYP-EBF |
| 60 | BBCP | CONCRETE PUMPING HOLDINGS INC | Industrials | 0.17% | $166,176 | HYP-BBCP |
| 61 | HY | HYSTER-YALE INC | Industrials | 0.16% | $160,878 | HYP-HY |
| 62 | BXC | BLUELINX HOLDINGS INC | Industrials | 0.16% | $158,662 | HYP-BXC |
| 63 | ACCO | ACCO BRANDS CORP | Industrials | 0.16% | $158,630 | HYP-ACCO |
| 64 | FSTR | FOSTER L B CO | Industrials | 0.15% | $145,689 | HYP-FSTR |
| 65 | QUAD | QUAD/GRAPHICS INC | Industrials | 0.12% | $123,276 | HYP-QUAD |
| 66 | CVEO | CIVEO CORP | Industrials | 0.12% | $120,578 | HYP-CVEO |
| 67 | TWIN | TWIN DISC INC | Industrials | 0.11% | $114,991 | HYP-TWIN |
| 68 | CDNL | CARDINAL INFRASTRUCTURE GROUP INC | Industrials | 0.09% | $85,962 | HYP-CDNL |
| 69 | RCMT | RCM TECHNOLOGIES INC | Industrials | 0.07% | $71,833 | HYP-RCMT |
| 70 | TG | TREDEGAR CORP | Industrials | 0.06% | $63,613 | HYP-TG |
| 71 | ALTG | ALTA EQUIPMENT GROUP INC | Industrials | 0.06% | $59,663 | HYP-ALTG |
| 72 | RAIL | FREIGHTCAR AMERICA INC | Industrials | 0.06% | $56,034 | HYP-RAIL |
| 73 | FC | FRANKLIN COVEY CO | Industrials | 0.05% | $53,787 | HYP-FC |
| 74 | FORR | FORRESTER RESEARCH INC | Industrials | 0.05% | $53,337 | HYP-FORR |
| 75 | AP | AMPCO PITTSBURGH CORP | Industrials | 0.05% | $50,897 | HYP-AP |
| 76 | TISI | TEAM INC | Industrials | 0.03% | $34,359 | HYP-TISI |
| 77 | APT | ALPHA PRO TECH LTD | Industrials | 0.02% | $20,583 | HYP-APT |
DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE.