| Item | Value |
|---|---|
| Ticker (pseudo) | FDNT |
| CUSIP | Not applicable (hypothetical model portfolio) |
| Listing exchange | Not listed (hypothetical) |
| Underlying model | dNOA factor (Technology only) |
| Placeholder expense ratio | 0.45% |
| Placeholder inception date |
| 2020-11-12 |
| 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 | FTNT | FORTINET INC | Technology | 14.22% | $14,220,405 | HYP-FTNT |
| 2 | HPE | HEWLETT PACKARD ENTERPRISE CO | Technology | 9.95% | $9,948,844 | HYP-HPE |
| 3 | ADSK | AUTODESK INC | Technology | 8.10% | $8,102,934 | HYP-ADSK |
| 4 | FISV | FISERV INC | Technology | 4.89% | $4,888,972 | HYP-FISV |
| 5 | OKTA | OKTA INC | Technology | 4.77% | $4,768,081 | HYP-OKTA |
| 6 | CPAY | CORPAY INC | Technology | 4.36% | $4,358,685 | HYP-CPAY |
| 7 | ON | ON SEMICONDUCTOR CORP | Technology | 4.29% | $4,288,475 | HYP-ON |
| 8 | VRSN | VERISIGN INC | Technology | 4.19% | $4,188,009 | HYP-VRSN |
| 9 | MDB | MONGODB INC | Technology | 4.09% | $4,089,680 | HYP-MDB |
| 10 | U | UNITY SOFTWARE INC | Technology | 3.33% | $3,327,652 | HYP-U |
| 11 | PTC | PTC INC | Technology | 3.18% | $3,181,689 | HYP-PTC |
| 12 | MANH | MANHATTAN ASSOCIATES INC | Technology | 2.22% | $2,224,077 | HYP-MANH |
| 13 | GDDY | GODADDY INC | Technology | 2.04% | $2,035,442 | HYP-GDDY |
| 14 | TRMB | TRIMBLE INC | Technology | 1.91% | $1,912,294 | HYP-TRMB |
| 15 | CHYM | CHIME FINANCIAL INC | Technology | 1.89% | $1,894,021 | HYP-CHYM |
| 16 | IT | GARTNER INC | Technology | 1.80% | $1,798,710 | HYP-IT |
| 17 | HUBS | HUBSPOT INC | Technology | 1.57% | $1,574,962 | HYP-HUBS |
| 18 | VSAT | VIASAT INC | Technology | 1.48% | $1,481,578 | HYP-VSAT |
| 19 | CGNX | COGNEX CORP | Technology | 1.28% | $1,277,283 | HYP-CGNX |
| 20 | APPF | APPFOLIO INC | Technology | 1.18% | $1,180,299 | HYP-APPF |
| 21 | RAL | RALLIANT CORP | Technology | 1.17% | $1,169,137 | HYP-RAL |
| 22 | DBX | DROPBOX INC | Technology | 1.12% | $1,119,323 | HYP-DBX |
| 23 | TTD | TRADE DESK INC | Technology | 1.09% | $1,093,056 | HYP-TTD |
| 24 | ESE | ESCO TECHNOLOGIES INC | Technology | 0.91% | $910,875 | HYP-ESE |
| 25 | VRNS | VARONIS SYSTEMS INC | Technology | 0.85% | $845,342 | HYP-VRNS |
| 26 | BRZE | BRAZE INC | Technology | 0.79% | $791,029 | HYP-BRZE |
| 27 | PEGA | PEGASYSTEMS INC | Technology | 0.78% | $783,499 | HYP-PEGA |
| 28 | SYNA | SYNAPTICS INC | Technology | 0.70% | $700,335 | HYP-SYNA |
| 29 | BILL | BILL HOLDINGS INC | Technology | 0.69% | $692,939 | HYP-BILL |
| 30 | QTWO | Q2 HOLDINGS INC | Technology | 0.67% | $673,410 | HYP-QTWO |
| 31 | TENB | TENABLE HOLDINGS INC | Technology | 0.64% | $640,988 | HYP-TENB |
| 32 | KLIC | KULICKE & SOFFA INDUSTRIES INC | Technology | 0.57% | $566,236 | HYP-KLIC |
| 33 | WK | WORKIVA INC | Technology | 0.56% | $557,913 | HYP-WK |
| 34 | ENPH | ENPHASE ENERGY INC | Technology | 0.53% | $529,435 | HYP-ENPH |
| 35 | INTA | INTAPP INC | Technology | 0.53% | $525,684 | HYP-INTA |
| 36 | AGYS | AGILYSYS INC | Technology | 0.51% | $512,611 | HYP-AGYS |
| 37 | DAVE | DAVE INC | Technology | 0.51% | $511,072 | HYP-DAVE |
| 38 | TDC | TERADATA CORP | Technology | 0.47% | $466,785 | HYP-TDC |
| 39 | IPGP | IPG PHOTONICS CORP | Technology | 0.45% | $450,051 | HYP-IPGP |
| 40 | SPSC | SPS COMMERCE INC | Technology | 0.44% | $435,543 | HYP-SPSC |
| 41 | DXC | DXC TECHNOLOGY CO | Technology | 0.34% | $344,953 | HYP-DXC |
| 42 | ASAN | ASANA INC | Technology | 0.33% | $330,818 | HYP-ASAN |
| 43 | AMPL | AMPLITUDE INC | Technology | 0.33% | $330,131 | HYP-AMPL |
| 44 | CALX | CALIX INC | Technology | 0.30% | $301,772 | HYP-CALX |
| 45 | CNXC | CONCENTRIX CORP | Technology | 0.29% | $291,881 | HYP-CNXC |
| 46 | AI | C3AI INC | Technology | 0.29% | $289,953 | HYP-AI |
| 47 | PRGS | PROGRESS SOFTWARE CORP | Technology | 0.27% | $265,300 | HYP-PRGS |
| 48 | CXM | SPRINKLR INC | Technology | 0.23% | $230,681 | HYP-CXM |
| 49 | SEDG | SOLAREDGE TECHNOLOGIES INC | Technology | 0.22% | $224,704 | HYP-SEDG |
| 50 | BAND | BANDWIDTH INC | Technology | 0.22% | $223,972 | HYP-BAND |
| 51 | WOLF | WOLFSPEED INC | Technology | 0.21% | $212,243 | HYP-WOLF |
| 52 | UPBD | UPBOUND GROUP INC | Technology | 0.21% | $208,030 | HYP-UPBD |
| 53 | WBTN | WEBTOON ENTERTAINMENT INC | Technology | 0.20% | $204,503 | HYP-WBTN |
| 54 | SECZ | SECURITIZE CORP | Technology | 0.19% | $193,701 | HYP-SECZ |
| 55 | INOD | INNODATA INC | Technology | 0.19% | $186,589 | HYP-INOD |
| 56 | HLIT | HARMONIC INC | Technology | 0.17% | $168,091 | HYP-HLIT |
| 57 | RPD | RAPID7 INC | Technology | 0.15% | $147,457 | HYP-RPD |
| 58 | BMBL | BUMBLE INC | Technology | 0.14% | $139,060 | HYP-BMBL |
| 59 | DJCO | DAILY JOURNAL CORP | Technology | 0.14% | $136,505 | HYP-DJCO |
| 60 | MITK | MITEK SYSTEMS INC | Technology | 0.12% | $123,043 | HYP-MITK |
| 61 | QMCO | QUANTUM CORP | Technology | 0.10% | $98,285 | HYP-QMCO |
| 62 | TLS | TELOS CORP | Technology | 0.08% | $84,823 | HYP-TLS |
| 63 | PAYS | PAYSIGN INC | Technology | 0.08% | $80,609 | HYP-PAYS |
| 64 | NTGR | NETGEAR INC | Technology | 0.08% | $78,801 | HYP-NTGR |
| 65 | CRNC | CERENCE INC | Technology | 0.06% | $55,149 | HYP-CRNC |
| 66 | ALIT | ALIGHT INC | Technology | 0.05% | $50,427 | HYP-ALIT |
| 67 | TBCH | TURTLE BEACH CORP | Technology | 0.04% | $44,227 | HYP-TBCH |
| 68 | IMMR | IMMERSION CORP | Technology | 0.03% | $34,574 | HYP-IMMR |
| 69 | ASYS | AMTECH SYSTEMS INC | Technology | 0.03% | $32,513 | HYP-ASYS |
| 70 | IMXI | INTERNATIONAL MONEY EXPRESS INC | Technology | 0.03% | $28,852 | HYP-IMXI |
| 71 | QUIK | QUICKLOGIC CORP | Technology | 0.03% | $27,119 | HYP-QUIK |
| 72 | AEYE | AUDIOEYE INC | Technology | 0.03% | $27,104 | HYP-AEYE |
| 73 | DMRC | DIGIMARC CORP | Technology | 0.02% | $24,952 | HYP-DMRC |
| 74 | ALMU | AELUMA INC | Technology | 0.02% | $21,814 | HYP-ALMU |
| 75 | OCC | OPTICAL CABLE CORP | Technology | 0.01% | $14,553 | HYP-OCC |
| 76 | UEIC | UNIVERSAL ELECTRONICS INC | Technology | 0.01% | $12,760 | HYP-UEIC |
| 77 | WFCF | WHERE FOOD COMES FROM INC | Technology | 0.01% | $12,700 | HYP-WFCF |
DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE.