| Item | Value |
|---|---|
| Ticker (pseudo) | FTAI |
| CUSIP | Not applicable (hypothetical model portfolio) |
| Listing exchange | Not listed (hypothetical) |
| Underlying model | Tang factor (Industrials only) |
| Placeholder expense ratio | 0.45% |
| Placeholder inception date |
| 2019-02-16 |
| Number of holdings (long leg) | 82 |
| Weighting | Cap-weighted |
| Rebalance frequency | Monthly |
| Holdings as of | November 2026 |
| # | Ticker | Company | Sector | Weight | Market Value | CUSIP |
|---|---|---|---|---|---|---|
| 1 | CAT | CATERPILLAR INC | Industrials | 27.58% | $27,577,008 | HYP-CAT |
| 2 | VRT | VERTIV HOLDINGS CO | Industrials | 8.04% | $8,037,362 | HYP-VRT |
| 3 | GWW | WW GRAINGER INC | Industrials | 7.00% | $7,003,799 | HYP-GWW |
| 4 | FAST | FASTENAL CO | Industrials | 6.35% | $6,345,589 | HYP-FAST |
| 5 | BE | BLOOM ENERGY CORP | Industrials | 5.94% | $5,944,279 | HYP-BE |
| 6 | RKLB | ROCKET LAB CORP | Industrials | 4.03% | $4,031,779 | HYP-RKLB |
| 7 | FIX | COMFORT SYSTEMS USA INC | Industrials | 3.93% | $3,929,585 | HYP-FIX |
| 8 | UAL | UNITED AIRLINES HOLDINGS INC | Industrials | 3.60% | $3,598,757 | HYP-UAL |
| 9 | ODFL | OLD DOMINION FREIGHT LINE INC | Industrials | 3.52% | $3,521,524 | HYP-ODFL |
| 10 | ATI | ATI INC | Industrials | 2.57% | $2,571,586 | HYP-ATI |
| 11 | EXPD | EXPEDITORS INTERNATIONAL OF WASHINGTON INC | Industrials | 2.52% | $2,515,342 | HYP-EXPD |
| 12 | LUV | SOUTHWEST AIRLINES CO | Industrials | 2.20% | $2,204,856 | HYP-LUV |
| 13 | SYM | SYMBOTIC INC | Industrials | 2.13% | $2,134,114 | HYP-SYM |
| 14 | FDXF | FEDEX FREIGHT HOLDING COMPANY INC | Industrials | 1.95% | $1,950,226 | HYP-FDXF |
| 15 | SNA | SNAP-ON INC | Industrials | 1.89% | $1,889,381 | HYP-SNA |
| 16 | ULS | UL SOLUTIONS INC | Industrials | 1.64% | $1,639,371 | HYP-ULS |
| 17 | MAS | MASCO CORP | Industrials | 1.62% | $1,621,440 | HYP-MAS |
| 18 | CRS | CARPENTER TECHNOLOGY CORP | Industrials | 1.48% | $1,477,547 | HYP-CRS |
| 19 | MLI | MUELLER INDUSTRIES INC | Industrials | 1.19% | $1,190,180 | HYP-MLI |
| 20 | AEIS | ADVANCED ENERGY INDUSTRIES INC | Industrials | 0.92% | $922,129 | HYP-AEIS |
| 21 | SAIA | SAIA INC | Industrials | 0.88% | $879,176 | HYP-SAIA |
| 22 | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS INC | Industrials | 0.65% | $651,409 | HYP-KTOS |
| 23 | BETA | BETA TECHNOLOGIES INC | Industrials | 0.59% | $588,603 | HYP-BETA |
| 24 | JOBY | JOBY AVIATION INC | Industrials | 0.54% | $540,533 | HYP-JOBY |
| 25 | TREX | TREX CO INC | Industrials | 0.53% | $525,479 | HYP-TREX |
| 26 | TPC | TUTOR PERINI CORP | Industrials | 0.53% | $525,140 | HYP-TPC |
| 27 | LPX | LOUISIANA-PACIFIC CORP | Industrials | 0.52% | $520,789 | HYP-LPX |
| 28 | POWL | POWELL INDUSTRIES INC | Industrials | 0.51% | $514,258 | HYP-POWL |
| 29 | LSTR | LANDSTAR SYSTEM INC | Industrials | 0.50% | $496,794 | HYP-LSTR |
| 30 | EQPT | EQUIPMENTSHARECOM INC | Industrials | 0.39% | $389,820 | HYP-EQPT |
| 31 | MWA | MUELLER WATER PRODUCTS INC | Industrials | 0.37% | $373,232 | HYP-MWA |
| 32 | XE | X-ENERGY INC | Industrials | 0.32% | $322,275 | HYP-XE |
| 33 | CXW | CORECIVIC INC | Industrials | 0.27% | $271,118 | HYP-CXW |
| 34 | NSP | INSPERITY INC | Industrials | 0.19% | $189,046 | HYP-NSP |
| 35 | GIC | GLOBAL INDUSTRIAL CO | Industrials | 0.18% | $178,870 | HYP-GIC |
| 36 | ULCC | FRONTIER GROUP HOLDINGS INC | Industrials | 0.18% | $176,650 | HYP-ULCC |
| 37 | RYZ | RYERSON HOLDING CORP | Industrials | 0.16% | $155,382 | HYP-RYZ |
| 38 | HAWK | HAWKEYE 360 INC | Industrials | 0.14% | $143,096 | HYP-HAWK |
| 39 | PLPC | PREFORMED LINE PRODUCTS CO | Industrials | 0.14% | $142,777 | HYP-PLPC |
| 40 | AMRC | AMERESCO INC | Industrials | 0.14% | $136,913 | HYP-AMRC |
| 41 | AMPX | AMPRIUS TECHNOLOGIES INC | Industrials | 0.12% | $121,450 | HYP-AMPX |
| 42 | GNK | GENCO SHIPPING & TRADING LTD | Industrials | 0.11% | $114,610 | HYP-GNK |
| 43 | LNN | LINDSAY CORP | Industrials | 0.11% | $109,413 | HYP-LNN |
| 44 | NSSC | NAPCO SECURITY TECHNOLOGIES INC | Industrials | 0.11% | $108,049 | HYP-NSSC |
| 45 | CYRX | CRYOPORT INC | Industrials | 0.10% | $101,468 | HYP-CYRX |
| 46 | GHM | GRAHAM CORP | Industrials | 0.10% | $100,452 | HYP-GHM |
| 47 | NPK | NATIONAL PRESTO INDUSTRIES INC | Industrials | 0.10% | $99,685 | HYP-NPK |
| 48 | MRTN | MARTEN TRANSPORT LTD | Industrials | 0.10% | $96,997 | HYP-MRTN |
| 49 | PSIX | POWER SOLUTIONS INTERNATIONAL INC | Industrials | 0.09% | $90,525 | HYP-PSIX |
| 50 | FCEL | FUELCELL ENERGY INC | Industrials | 0.08% | $81,594 | HYP-FCEL |
| 51 | ULH | UNIVERSAL LOGISTICS HOLDINGS INC | Industrials | 0.08% | $78,000 | HYP-ULH |
| 52 | BBSI | BARRETT BUSINESS SERVICES INC | Industrials | 0.07% | $74,037 | HYP-BBSI |
| 53 | SWBI | SMITH & WESSON BRANDS INC | Industrials | 0.07% | $69,517 | HYP-SWBI |
| 54 | PANL | PANGAEA LOGISTICS SOLUTIONS LTD | Industrials | 0.06% | $61,671 | HYP-PANL |
| 55 | ELMT | ELMET GROUP CO | Industrials | 0.06% | $61,024 | HYP-ELMT |
| 56 | TITN | TITAN MACHINERY INC | Industrials | 0.05% | $54,781 | HYP-TITN |
| 57 | SBC | SBC MEDICAL GROUP HOLDINGS INC | Industrials | 0.05% | $54,682 | HYP-SBC |
| 58 | CIX | COMPX INTERNATIONAL INC | Industrials | 0.05% | $54,363 | HYP-CIX |
| 59 | IIIN | INSTEEL INDUSTRIES INC | Industrials | 0.05% | $54,283 | HYP-IIIN |
| 60 | PKE | PARK AEROSPACE CORP | Industrials | 0.05% | $54,184 | HYP-PKE |
| 61 | ASPN | ASPEN AEROGELS INC | Industrials | 0.05% | $49,574 | HYP-ASPN |
| 62 | BXC | BLUELINX HOLDINGS INC | Industrials | 0.05% | $49,195 | HYP-BXC |
| 63 | ZIP | ZIPRECRUITER INC | Industrials | 0.05% | $45,860 | HYP-ZIP |
| 64 | EROC | EROCK INC | Industrials | 0.04% | $40,006 | HYP-EROC |
| 65 | TBI | TRUEBLUE INC | Industrials | 0.04% | $37,487 | HYP-TBI |
| 66 | TWIN | TWIN DISC INC | Industrials | 0.04% | $35,655 | HYP-TWIN |
| 67 | EAF | GRAFTECH INTERNATIONAL LTD | Industrials | 0.03% | $29,671 | HYP-EAF |
| 68 | PAMT | PAMT CORP | Industrials | 0.03% | $29,671 | HYP-PAMT |
| 69 | MTRX | MATRIX SERVICE CO | Industrials | 0.03% | $25,887 | HYP-MTRX |
| 70 | SMHI | SEACOR MARINE HOLDINGS INC | Industrials | 0.02% | $23,597 | HYP-SMHI |
| 71 | OFLX | OMEGA FLEX INC | Industrials | 0.02% | $23,567 | HYP-OFLX |
| 72 | PPIH | PERMA-PIPE INTERNATIONAL HOLDINGS INC | Industrials | 0.02% | $23,478 | HYP-PPIH |
| 73 | RCMT | RCM TECHNOLOGIES INC | Industrials | 0.02% | $22,273 | HYP-RCMT |
| 74 | TG | TREDEGAR CORP | Industrials | 0.02% | $19,724 | HYP-TG |
| 75 | RAIL | FREIGHTCAR AMERICA INC | Industrials | 0.02% | $17,374 | HYP-RAIL |
| 76 | HURC | HURCO COMPANIES INC | Industrials | 0.01% | $13,441 | HYP-HURC |
| 77 | TISI | TEAM INC | Industrials | 0.01% | $10,654 | HYP-TISI |
| 78 | CODA | CODA OCTOPUS GROUP INC | Industrials | 0.01% | $9,718 | HYP-CODA |
| 79 | MHH | MASTECH DIGITAL INC | Industrials | 0.01% | $7,497 | HYP-MHH |
| 80 | APT | ALPHA PRO TECH LTD | Industrials | 0.01% | $6,382 | HYP-APT |
| 81 | OPXS | OPTEX SYSTEMS HOLDINGS INC | Industrials | 0.01% | $5,944 | HYP-OPXS |
| 82 | OESX | ORION ENERGY SYSTEMS INC | Industrials | 0.01% | $5,347 | HYP-OESX |
DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE.