Key facts
Fund numberNo. I
Management styleActive
BenchmarkS&P 500
CategoryConcentrated quality-growth
Inception dateMay 1, 2026
Portfolio composition
SectorsWtPos
Software - Infrastructure18.1%1
Capital Markets14.9%2
Software - Application14.7%2
Internet Content & Information14.0%2
Semiconductors9.6%2
Internet Retail9.2%1
Energy6.4%1
Specialty Chemicals5.7%1
Consumer Electronics5.5%1
Healthcare2.0%1
Characteristics
as of Jul 20, 2026
FundamentalGrowth
Number of positions14
Sectors held10
Largest positionMSFT · 18.1%
Top-5 concentration55.2%
Cash0.5%
Single-name cap10%
Sector cap35%
Performance
Since inception
+5.67%
as of Jul 20, 2026
S&P 500
+2.95%
as of Jul 20, 2026
Product summary
- Time horizon, analytical depth and concentration allow for the generation of alpha compared to the broader market.
- Macro forecasting does not play a role in investment decisions.
- High-growth, quality compounding wide-moat businesses are systematically preferred by this portfolio.
- Growth businesses are evaluated on a per-share intrinsic value, not revenue growth.
- Discipline in regard to capital allocation will determine long-term performance.
The objective of Slackline Growth is to outperform the S&P 500 over a five year time horizon, through active and disciplined management, through long-only, US equity.
PDFRead the full policy→Historical volatility measures
as of Jul 20, 2026
BenchmarkR-SquaredBeta
Slackline Growth1.001.00
S&P 500 Index0.160.66
Russell 1000 Value Index0.010.22
Current holdings
All 14 positions, largest first.
TickerHoldingsSector% of fundP/LThesis
MSFTMicrosoft CorporationSoftware - Infrastructure18.10 %-5.5%View thesis SPGIS&P Global Inc.Capital Markets9.50 %+4.5%View thesis ADBEAdobe Inc.Software - Application9.20 %-3.4%View thesis METAMeta Platforms, Inc.Internet Content & Information9.20 %-3.5%View thesis AMZNAmazon.com, Inc.Internet Retail9.20 %-3.7%View thesis LNGCheniere Energy, Inc.Energy6.40 %+11.0%—
SHWSherwin-Williams Company (The)Specialty Chemicals5.70 %+8.5%—
NOWServiceNow, Inc.Software - Application5.50 %+14.6%View thesis AAPLApple Inc.Consumer Electronics5.50 %+14.3%View thesis SCHWCharles Schwab Corporation (TheCapital Markets5.40 %+12.9%View thesis TSMTaiwan Semiconductor ManufacturSemiconductors5.00 %+3.9%View thesis GOOGLAlphabet Inc.Internet Content & Information4.80 %+0.3%—
NVDANVIDIA CorporationSemiconductors4.60 %-3.0%View thesis WSTWest Pharmaceutical Services, IHealthcare2.00 %+6.9%—
