Biweekly book · paper · marked through 2026-10-16 close · not investment advice
Last sessionFri, Oct 16 close
Hunt − SPY
−7.16 pp
underperformed
Rebalance scheduled hunt 2026-10-16 · fills at the 2026-10-19 close
Net asset value
$76,466
−$23,534 since 2026-08-21
Goal · 10× by 2030-12-31
0.76×−29.5% vs path (1.08×)
0.0% of the way (log scale) · tick = on-path today
- CAGR needed
- +84.2%
- Annualized
- after 1y
- Max drawdown
- −29.9% vs SPY −2.2%
- Cash
- $0
- Trading costs
- $149
- Days open
- 56
- Last rebalance
- 2026-10-08
Growth of $1 · Hunt vs SPY (total return)
2026-10-16 Hunt 0.76 -23.53% SPY TR 1.00 +0.17% 10× path 1.08
1.00 = $100k at 2026-08-21 · returns since inception · dashed = constant-CAGR path to 10× by 2030-12-31
Holdings
| Ticker | | Target | | | | | Last | Shares |
|---|
| 1 | SoundHound AI. SoundHound AI. Voice AI and conversational audio for autos, restaurants, and products. | 15.8% | 15% | +0.8 pp | −3.48% | −29.53% | $12,081 | $4.72 | 2,559.58 |
| 2 | BigBear.ai | 16.5% | 15% | +1.5 pp | −7.30% | −15.61% | $12,611 | $2.16 | 5,838.37 |
| 3 | TeraWulf | 14.8% | 14% | +0.8 pp | −7.45% | −21.01% | $11,284 | $11.68 | 966.08 |
| 4 | Ouster | 10.6% | 12% | −1.4 pp | −9.26% | −35.35% | $8,129 | $28.43 | 285.94 |
| 5 | Applied Digital | 10.3% | 11% | −0.7 pp | −11.48% | −26.92% | $7,841 | $18.05 | 434.43 |
| 6 | Aehr Test Systems | 8.6% | 10% | −1.4 pp | −12.44% | −35.13% | $6,545 | $60.60 | 108.01 |
| 7 | Absci. Absci. Generative-AI biologics and antibody design company. | 11.4% | 10% | +1.4 pp | −7.09% | −9.96% | $8,692 | $8.25 | 1,053.61 |
| 8 | IREN Limited. Bitcoin miner that is converting and building data-center capacity for AI/HPC power (formerly Iris Energy). | 8.4% | 9% | −0.6 pp | −11.19% | −35.11% | $6,407 | $26.99 | 237.39 |
| 9 | Navitas Semiconductor. Navitas Semiconductor. GaN and SiC power chips for AI servers, EVs, and adapters. | 3.8% | 4% | −0.2 pp | −9.64% | −34.24% | $2,875 | $8.34 | 344.71 |
Drift = weight − target (grey <1 pp, bold ≥1 pp, amber ≥3 pp). Since cost = last ÷ average cost − 1.
Sector allocation
AI software + semis44.6% / target 44%
AI data centers / power33.4% / target 34%
Robotics / physical AI10.6% / target 12%
Healthcare / biotech11.4% / target 10%
Bar = actual weight · tick = target
Hunt 2026-10-07 · filled at 2026-10-08 close10 fills · buys $16,202 · sells $16,234 · two-way turnover 34.4% · cost $32.44 (10 bps) · scheduled Oct 7, 2026, 8:01 PM, filled automatically
| Side | Ticker | Shares | Price | Notional | Cost |
|---|
| SELL | Oscar Health. Tech-enabled individual and small-group health insurer. | 470.8465 | $33.10 | $15,585.02 | $15.59 |
| SELL | APLD | 18.7767 | $23.85 | $447.83 | $0.45 |
| SELL | SoundHound AI. Voice AI and conversational audio for autos, restaurants, and products. | 36.4849 | $5.52 | $201.40 | $0.20 |
| BUY | AEHR | 69.0158 | $87.21 | $6,018.87 | $6.02 |
| BUY | Absci. Generative-AI biologics and antibody design company. | 612.2985 | $8.94 | $5,473.95 | $5.47 |
| BUY | BBAI | 1,549.4004 | $2.42 | $3,749.55 | $3.75 |
| BUY | Bitcoin miner that is converting and building data-center capacity for AI/HPC power (formerly Iris Energy). | 11.1358 | $35.71 | $397.66 | $0.40 |
| BUY | OUST | 9.1493 | $39.53 | $361.67 | $0.36 |
| BUY | Navitas Semiconductor. GaN and SiC power chips for AI servers, EVs, and adapters. | 14.8392 | $10.93 | $162.19 | $0.16 |
| BUY | WULF | 2.7775 | $13.65 | $37.91 | $0.04 |
Hunt 2026-10-02 · filled at 2026-10-05 close15 fills · buys $58,122 · sells $58,238 · two-way turnover 114.2% · cost $116.36 (10 bps) · scheduled Oct 2, 2026, 3:03 PM, filled automatically
| Side | Ticker | Shares | Price | Notional | Cost |
|---|
| SELL | Bitcoin miner that is converting and building data-center capacity for AI/HPC power (formerly Iris Energy). | 405.6026 | $40.48 | $16,418.79 | $16.42 |
| SELL | Cipher Mining. US bitcoin miner adding HPC/AI hosting on its power footprint. | 1,033.8724 | $15.48 | $16,004.34 | $16.00 |
| SELL | Recursion Pharmaceuticals. AI-driven drug discovery platform and pipeline. | 1,925.2762 | $4.78 | $9,202.82 | $9.20 |
| SELL | Navitas Semiconductor. GaN and SiC power chips for AI servers, EVs, and adapters. | 407.4163 | $12.34 | $5,027.52 | $5.03 |
| SELL | Trapped-ion quantum computers, selling access and systems — not a miner. | 107.6822 | $42.97 | $4,627.10 | $4.63 |
| SELL | CleanSpark. Bitcoin miner, largely US, with a power-and-hosting footprint. | 291.1959 | $12.48 | $3,634.12 | $3.63 |
| SELL | Strive. BTC-treasury / asset-manager style vehicle (not an operating miner). | 70.0167 | $30.26 | $2,118.71 | $2.12 |
| SELL | Absci. Generative-AI biologics and antibody design company. | 104.4958 | $11.53 | $1,204.84 | $1.20 |
| BUY | WULF | 963.2985 | $14.79 | $14,247.19 | $14.25 |
| BUY | OUST | 276.7877 | $44.12 | $12,211.87 | $12.21 |
| BUY | APLD | 453.2071 | $24.70 | $11,194.22 | $11.19 |
| BUY | BBAI | 4,288.9721 | $2.61 | $11,194.22 | $11.19 |
| BUY | SoundHound AI. Voice AI and conversational audio for autos, restaurants, and products. | 819.6683 | $5.88 | $4,819.65 | $4.82 |
| BUY | AEHR | 38.9907 | $104.40 | $4,070.62 | $4.07 |
| BUY | Oscar Health. Tech-enabled individual and small-group health insurer. | 11.8482 | $32.42 | $384.12 | $0.38 |
Hunt 2026-09-18 · filled at 2026-09-18 close10 fills · buys $2,322 · sells $2,322 · two-way turnover 4.4%
| Side | Ticker | Shares | Price | Notional |
|---|
| SELL | Bitcoin miner that is converting and building data-center capacity for AI/HPC power (formerly Iris Energy). | 15.6406 | $46.68 | $730.10 |
| SELL | CleanSpark. Bitcoin miner, largely US, with a power-and-hosting footprint. | 34.4861 | $14.47 | $499.01 |
| SELL | Absci. Generative-AI biologics and antibody design company. | 39.9254 | $9.65 | $385.28 |
| SELL | Cipher Mining. US bitcoin miner adding HPC/AI hosting on its power footprint. | 14.4969 | $18.34 | $265.87 |
| SELL | Recursion Pharmaceuticals. AI-driven drug discovery platform and pipeline. | 67.1709 | $3.83 | $257.26 |
| SELL | Strive. BTC-treasury / asset-manager style vehicle (not an operating miner). | 6.1238 | $30.09 | $184.26 |
| BUY | SoundHound AI. Voice AI and conversational audio for autos, restaurants, and products. | 243.4166 | $5.93 | $1,443.46 |
| BUY | Navitas Semiconductor. GaN and SiC power chips for AI servers, EVs, and adapters. | 36.7963 | $11.43 | $420.58 |
| BUY | Oscar Health. Tech-enabled individual and small-group health insurer. | 10.466 | $32.13 | $336.27 |
| BUY | Trapped-ion quantum computers, selling access and systems — not a miner. | 3.1047 | $39.13 | $121.48 |
Hunt 2026-09-04 · filled at 2026-09-04 close10 fills · buys $3,643 · sells $3,643 · two-way turnover 7.1%
| Side | Ticker | Shares | Price | Notional |
|---|
| SELL | Cipher Mining. US bitcoin miner adding HPC/AI hosting on its power footprint. | 93.4005 | $17.74 | $1,656.92 |
| SELL | Bitcoin miner that is converting and building data-center capacity for AI/HPC power (formerly Iris Energy). | 21.0762 | $44.68 | $941.68 |
| SELL | Strive. BTC-treasury / asset-manager style vehicle (not an operating miner). | 33.629 | $27.14 | $912.69 |
| SELL | CleanSpark. Bitcoin miner, largely US, with a power-and-hosting footprint. | 8.2078 | $12.69 | $104.16 |
| SELL | Recursion Pharmaceuticals. AI-driven drug discovery platform and pipeline. | 7.553 | $3.63 | $27.42 |
| BUY | SoundHound AI. Voice AI and conversational audio for autos, restaurants, and products. | 166.8563 | $6.74 | $1,124.61 |
| BUY | Navitas Semiconductor. GaN and SiC power chips for AI servers, EVs, and adapters. | 83.6843 | $11.80 | $987.47 |
| BUY | Trapped-ion quantum computers, selling access and systems — not a miner. | 15.4112 | $39.52 | $609.05 |
| BUY | Absci. Generative-AI biologics and antibody design company. | 62.1689 | $8.82 | $548.33 |
| BUY | Oscar Health. Tech-enabled individual and small-group health insurer. | 11.5785 | $32.25 | $373.41 |
Hunt 2026-08-23 · filled at 2026-08-21 close10 fills · buys $100,000 · sells $0 · two-way turnover 100.0%
| Side | Ticker | Shares | Price | Notional |
|---|
| BUY | Bitcoin miner that is converting and building data-center capacity for AI/HPC power (formerly Iris Energy). | 668.5769 | $41.88 | $28,000.00 |
| BUY | Cipher Mining. US bitcoin miner adding HPC/AI hosting on its power footprint. | 1,141.7697 | $15.77 | $18,000.00 |
| BUY | Oscar Health. Tech-enabled individual and small-group health insurer. | 436.9538 | $32.04 | $14,000.00 |
| BUY | SoundHound AI. Voice AI and conversational audio for autos, restaurants, and products. | 1,366.1202 | $7.32 | $10,000.00 |
| BUY | Navitas Semiconductor. GaN and SiC power chips for AI servers, EVs, and adapters. | 616.808 | $12.97 | $8,000.00 |
| BUY | Recursion Pharmaceuticals. AI-driven drug discovery platform and pipeline. | 2,000 | $3.50 | $7,000.00 |
| BUY | Absci. Generative-AI biologics and antibody design company. | 523.5602 | $9.55 | $5,000.00 |
| BUY | CleanSpark. Bitcoin miner, largely US, with a power-and-hosting footprint. | 333.8898 | $11.98 | $4,000.00 |
| BUY | Trapped-ion quantum computers, selling access and systems — not a miner. | 89.1663 | $44.86 | $4,000.00 |
| BUY | Strive. BTC-treasury / asset-manager style vehicle (not an operating miner). | 109.7695 | $18.22 | $2,000.00 |