| Item | Value |
|---|---|
| Ticker (pseudo) | FTAT |
| CUSIP | Not applicable (hypothetical model portfolio) |
| Listing exchange | Not listed (hypothetical) |
| Underlying model | Tang factor (Technology only) |
| Placeholder expense ratio | 0.45% |
| Placeholder inception date |
| 2021-08-25 |
| Number of holdings (long leg) | 79 |
| Weighting | Cap-weighted |
| Rebalance frequency | Monthly |
| Holdings as of | November 2026 |
| # | Ticker | Company | Sector | Weight | Market Value | CUSIP |
|---|---|---|---|---|---|---|
| 1 | LRCX | LAM RESEARCH CORP | Technology | 42.37% | $42,371,064 | HYP-LRCX |
| 2 | APP | APPLOVIN CORP | Technology | 18.92% | $18,924,900 | HYP-APP |
| 3 | CBRS | CEREBRAS SYSTEMS INC | Technology | 3.37% | $3,369,286 | HYP-CBRS |
| 4 | SMCI | SUPER MICRO COMPUTER INC | Technology | 2.58% | $2,581,529 | HYP-SMCI |
| 5 | MANH | MANHATTAN ASSOCIATES INC | Technology | 2.16% | $2,159,721 | HYP-MANH |
| 6 | LOGI | LOGITECH INTERNATIONAL SA | Technology | 2.07% | $2,069,997 | HYP-LOGI |
| 7 | ASTS | AST SPACEMOBILE INC | Technology | 1.95% | $1,952,749 | HYP-ASTS |
| 8 | ARW | ARROW ELECTRONICS INC | Technology | 1.45% | $1,453,883 | HYP-ARW |
| 9 | QNT | QUANTINUUM INC | Technology | 1.44% | $1,444,742 | HYP-QNT |
| 10 | AMKR | AMKOR TECHNOLOGY INC | Technology | 1.33% | $1,334,647 | HYP-AMKR |
| 11 | SANM | SANMINA CORP | Technology | 1.28% | $1,279,078 | HYP-SANM |
| 12 | VICR | VICOR CORP | Technology | 1.10% | $1,102,720 | HYP-VICR |
| 13 | DUOL | DUOLINGO INC | Technology | 1.08% | $1,077,561 | HYP-DUOL |
| 14 | TTD | TRADE DESK INC | Technology | 1.06% | $1,061,427 | HYP-TTD |
| 15 | AVT | AVNET INC | Technology | 1.02% | $1,021,817 | HYP-AVT |
| 16 | CVLT | COMMVAULT SYSTEMS INC | Technology | 0.99% | $986,328 | HYP-CVLT |
| 17 | INGM | INGRAM MICRO HOLDING CORP | Technology | 0.96% | $960,298 | HYP-INGM |
| 18 | KVYO | KLAVIYO INC | Technology | 0.87% | $871,779 | HYP-KVYO |
| 19 | PLXS | PLEXUS CORP | Technology | 0.81% | $814,961 | HYP-PLXS |
| 20 | NSIT | INSIGHT ENTERPRISES INC | Technology | 0.72% | $722,538 | HYP-NSIT |
| 21 | RELY | REMITLY GLOBAL INC | Technology | 0.71% | $707,652 | HYP-RELY |
| 22 | AAOI | APPLIED OPTOELECTRONICS INC | Technology | 0.70% | $696,030 | HYP-AAOI |
| 23 | VSH | VISHAY INTERTECHNOLOGY INC | Technology | 0.62% | $618,464 | HYP-VSH |
| 24 | PAY | PAYMENTUS HOLDINGS INC | Technology | 0.62% | $617,550 | HYP-PAY |
| 25 | KLIC | KULICKE & SOFFA INDUSTRIES INC | Technology | 0.55% | $549,851 | HYP-KLIC |
| 26 | ACMR | ACM RESEARCH INC | Technology | 0.51% | $506,686 | HYP-ACMR |
| 27 | VIA | VIA TRANSPORTATION INC | Technology | 0.50% | $502,783 | HYP-VIA |
| 28 | AVPT | AVEPOINT INC | Technology | 0.50% | $499,272 | HYP-AVPT |
| 29 | DAVE | DAVE INC | Technology | 0.50% | $496,283 | HYP-DAVE |
| 30 | CIFR | CIPHER DIGITAL INC | Technology | 0.47% | $473,432 | HYP-CIFR |
| 31 | PENG | PENGUIN SOLUTIONS INC | Technology | 0.44% | $437,899 | HYP-PENG |
| 32 | IPGP | IPG PHOTONICS CORP | Technology | 0.44% | $437,028 | HYP-IPGP |
| 33 | AXTI | AXT INC | Technology | 0.41% | $414,249 | HYP-AXTI |
| 34 | NVTS | NAVITAS SEMICONDUCTOR CORP | Technology | 0.37% | $373,827 | HYP-NVTS |
| 35 | PLUS | EPLUS INC | Technology | 0.37% | $366,108 | HYP-PLUS |
| 36 | LASR | NLIGHT INC | Technology | 0.36% | $363,830 | HYP-LASR |
| 37 | GCT | GIGACLOUD TECHNOLOGY INC | Technology | 0.33% | $334,884 | HYP-GCT |
| 38 | CNXN | PC CONNECTION INC | Technology | 0.30% | $304,633 | HYP-CNXN |
| 39 | AEHR | AEHR TEST SYSTEMS | Technology | 0.29% | $290,443 | HYP-AEHR |
| 40 | MQ | MARQETA INC | Technology | 0.27% | $271,567 | HYP-MQ |
| 41 | CRCT | CRICUT INC | Technology | 0.26% | $256,883 | HYP-CRCT |
| 42 | PLAB | PHOTRONICS INC | Technology | 0.24% | $238,645 | HYP-PLAB |
| 43 | SEDG | SOLAREDGE TECHNOLOGIES INC | Technology | 0.22% | $218,202 | HYP-SEDG |
| 44 | IBTA | IBOTTA INC | Technology | 0.20% | $197,599 | HYP-IBTA |
| 45 | INOD | INNODATA INC | Technology | 0.18% | $181,189 | HYP-INOD |
| 46 | AMBQ | AMBIQ MICRO INC | Technology | 0.18% | $176,097 | HYP-AMBQ |
| 47 | GDYN | GRID DYNAMICS HOLDINGS INC | Technology | 0.16% | $156,031 | HYP-GDYN |
| 48 | DAKT | DAKTRONICS INC | Technology | 0.14% | $136,066 | HYP-DAKT |
| 49 | PUBM | PUBMATIC INC | Technology | 0.13% | $126,505 | HYP-PUBM |
| 50 | SHAZ | SHARONAI HOLDINGS INC | Technology | 0.13% | $126,186 | HYP-SHAZ |
| 51 | CLMB | CLIMB GLOBAL SOLUTIONS INC | Technology | 0.12% | $116,653 | HYP-CLMB |
| 52 | DSP | VIANT TECHNOLOGY INC | Technology | 0.11% | $110,197 | HYP-DSP |
| 53 | FEIM | FREQUENCY ELECTRONICS INC | Technology | 0.11% | $109,993 | HYP-FEIM |
| 54 | IBEX | IBEX LTD | Technology | 0.11% | $106,148 | HYP-IBEX |
| 55 | QMCO | QUANTUM CORP | Technology | 0.10% | $95,441 | HYP-QMCO |
| 56 | BLZE | BACKBLAZE INC | Technology | 0.08% | $80,598 | HYP-BLZE |
| 57 | PAYS | PAYSIGN INC | Technology | 0.08% | $78,277 | HYP-PAYS |
| 58 | LPTH | LIGHTPATH TECHNOLOGIES INC | Technology | 0.07% | $73,314 | HYP-LPTH |
| 59 | BRUN | BOOST RUN INC | Technology | 0.07% | $68,280 | HYP-BRUN |
| 60 | WYFI | WHITEFIBER INC | Technology | 0.07% | $67,903 | HYP-WYFI |
| 61 | MRAM | EVERSPIN TECHNOLOGIES INC | Technology | 0.05% | $45,646 | HYP-MRAM |
| 62 | MPTI | M-TRON INDUSTRIES INC | Technology | 0.04% | $42,802 | HYP-MPTI |
| 63 | RELL | RICHARDSON ELECTRONICS LTD | Technology | 0.04% | $42,613 | HYP-RELL |
| 64 | OPTX | SYNTEC OPTICS HOLDINGS INC | Technology | 0.04% | $39,740 | HYP-OPTX |
| 65 | BKTI | BK TECHNOLOGIES CORP | Technology | 0.04% | $36,577 | HYP-BKTI |
| 66 | ASYS | AMTECH SYSTEMS INC | Technology | 0.03% | $31,572 | HYP-ASYS |
| 67 | IMXI | INTERNATIONAL MONEY EXPRESS INC | Technology | 0.03% | $28,017 | HYP-IMXI |
| 68 | TSSI | TSS INC | Technology | 0.03% | $27,437 | HYP-TSSI |
| 69 | QUIK | QUICKLOGIC CORP | Technology | 0.03% | $26,334 | HYP-QUIK |
| 70 | EGAN | EGAIN CORP | Technology | 0.02% | $23,157 | HYP-EGAN |
| 71 | ALMU | AELUMA INC | Technology | 0.02% | $21,183 | HYP-ALMU |
| 72 | SWMR | SWARMER INC | Technology | 0.02% | $15,104 | HYP-SWMR |
| 73 | OCC | OPTICAL CABLE CORP | Technology | 0.01% | $14,132 | HYP-OCC |
| 74 | LGL | LGL GROUP INC | Technology | 0.01% | $12,797 | HYP-LGL |
| 75 | UEIC | UNIVERSAL ELECTRONICS INC | Technology | 0.01% | $12,391 | HYP-UEIC |
| 76 | NRDY | NERDY INC | Technology | 0.01% | $10,954 | HYP-NRDY |
| 77 | NTWK | NETSOL TECHNOLOGIES INC | Technology | 0.01% | $9,170 | HYP-NTWK |
| 78 | WYY | WIDEPOINT CORP | Technology | 0.01% | $8,749 | HYP-WYY |
| 79 | TRT | TRIO-TECH INTERNATIONAL | Technology | 0.01% | $7,922 | HYP-TRT |
DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE.