#USA #New York #Fundstrat #Tom Lee #Granny Shots

Overview of Fundstrat's Granny Shots US Small- & Mid-Cap ETF

On June 9, 2026, Fundstrat Capital, led by the renowned Chief Investment Officer Thomas "Tom" Lee, declared the completion of its quarterly rebalance for the Granny Shots US Small- & Mid-Cap ETF, listed under NYSE Arca with the ticker symbol GRNJ. The fund has garnered significant attention, boasting an impressive $476 million in assets under management (AUM) as of June 5, 2026.

Emphasis on Quality Growth

The rebalance introduced 10 new companies to the portfolio while removing eight others, reflecting a strategic tilt towards stocks that exhibit quality, consistent growth, and defensive resilience as the organization anticipates a challenging yet ultimately optimistic year for equities. Tom Lee remarked that this adjustment is part of the firm's ongoing commitment to adapting its strategies in response to market shifts and macroeconomic trends.

Insights from Macro Themes

During the rebalance, Fundstrat leveraged its unique Granny Shots investment framework—an approach that identifies equities poised to benefit from various structural trends, including macroeconomic shifts, demographic changes, and technological advancements. This thematic methodology is tailored to engage with small and mid-cap stocks specifically, aiming to capitalize on dynamic market opportunities.

Key Changes in the ETF Composition

Added to the Portfolio:

• - CRDO
• - DKS
• - FSLR
• - MOD
• - NBIX
• - NTRA
• - RMBS
• - TTMI
• - ZETA
• - ZM

Removed from the Portfolio:

• - ARRY
• - AWI
• - CARR
• - DCI
• - H
• - IBP
• - ITT
• - UHS

These changes are rooted in comprehensive analysis combining macroeconomic, quantitative, and fundamental elements, highlighting a meticulous approach to stock selection that aligns with Fundstrat’s withstanding commitment to its investment philosophy.

Hedge Against Market Volatility

The Granny Shots equity strategy stands out due to its dual-signal methodology. For a stock to be selected for the portfolio, it must align with at least two of the seven foundational investment themes identified by Fundstrat. This ensures a robust investment strategy adaptable to varying market conditions, providing upward potential to investors while leaning on lasting structural trends.

Thematic Investment Insights

The selection criteria incorporate short and long-term investment themes:

• - Short-term Themes include:

- Style Tilt: Aligns with leading factors such as value and growth in current market conditions.
- Seasonality: A calendar-based approach informed by historical return patterns.
- PMI Recovery: Focused on industries tied to a rebound in the Purchasing Managers' Index.

• - Long-term Themes cover:

- Millennials: Companies that resonate with the behaviors and economic contributions of this generation.
- Global Labor Supply: Businesses positioned to thrive amid ongoing labor shortages.
- Energy & Cybersecurity: Addressing the intertwining needs of physical energy infrastructure and cybersecurity.
- Easing Financial Conditions: Strategies aligned with favorable monetary policy transitions.

Performance Summary and Future Expectations

Fundstrat Capital has strategically managed significant assets while responding dynamically to evolving economic conditions. Since launching on November 17, 2025, the Granny Shots ETF has successfully accumulated a robust following, appealing to investors interested in research-driven equity strategies across varying market capitalizations. Fundstrat's suite also includes other ETFs, providing a comprehensive toolkit for investors seeking thematic exposure and tactical strategies.

In conclusion, the May 2026 rebalance of the Fundstrat Granny Shots Small- & Mid-Cap ETF underlines the firm’s proactive approach to navigating the complexities of the current financial landscape. With a watchful eye on macro trends and the adaptability of its portfolio, investors are positioned to benefit from potentially valuable market shifts ahead.