Hesper Atlas
Rebalance note · 30 August 2024

Model portfolio rebalance, 30 August 2024: 6 in, 6 out

Month-end 2024-08-30 · top 20 by 12-month momentum among engine-long quality names · backtested, not live · RSS

Rebalanced at the close of 30 August 2024: 6 names entered and 6 left, 14 of 20 kept; the book returned +3.8% in August 2024 against +2.9% for equal-weight holding of the same names and +0.3% for the Nasdaq 100. $10,000 following the rule since January 2016 stood at $96k, against $70k holding the same names and $46k in the Nasdaq 100.

Changes at this rebalance

The book after the rebalance

The month in numbers

SeriesThis monthYear to date$10,000 since 2016
Model portfolio+3.8%+51.1%$96k
Holding all names+2.9%+24.0%$70k
Nasdaq 100+0.3%+16.9%$46k

Inverse-volatility weights times the engine's exposure, no leverage, after costs. Month-end values are read from the public artifact; the full record is on the model portfolio page.

How to read this

Backtested, not live: the model portfolio is one fixed rule re-run at each month-end since 2016 with next-open fills and 5 basis points per unit of turnover, on a universe assembled in 2026 knowing which names won, so read the gap to holding rather than the level. Educational publication, not investment advice; identical for everyone; past performance does not predict future results.

Hesper Atlas is an educational publication, not investment advice. The portfolio is one rules-based construction, identical for everyone, and knows nothing about your situation. Data: end-of-day. Read the terms.