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

Fundstrat Capital's May 2026 Rebalance for Granny Shots ETFs

Fundstrat Capital, the New York–based investment management firm fronted by seasoned Chief Investment Officer Thomas “Tom” Lee, recently announced the completion of a vital quarterly rebalance for its prominent Granny Shots US Large Cap ETF (NYSE Arca: GRNY). As of June 1, 2026, the fund boasts an impressive $4.4 billion in assets under management (AUM), positioning it as one of the fastest-growing actively managed large-cap equity ETFs in U.S. history. With this rebalance, Fundstrat has adjusted its portfolio by adding six new stocks while removing three, a strategic move designed to enhance quality, stable growth, and defensive resilience moving into what the company anticipates could be a challenging yet promising year for equities.

Recent Changes in Holdings

The recent rebalance announced by Fundstrat highlights the following adjustments in the ETF's holdings:

• - Additions: CF (CF Industries), LLY (Eli Lilly), NOW (ServiceNow), ORCL (Oracle), PM (Philip Morris), UNH (UnitedHealth Group)
• - Deletions: AMGN (Amgen), CVX (Chevron), PPG (PPG Industries)

This adjustment demonstrates Fundstrat's ongoing effort to holistically evaluate key macroeconomic themes and tactical allocations every quarter in order to better represent the dynamic market conditions.

“Every quarter, we revisit our key macro themes and tactical style allocations and identify the strongest stocks to reflect these real-time updated views,” stated Tom Lee. “Our analysis indicates a tough but ultimately constructive year ahead for equities, and our portfolio adjustments reflect that perspective.” The addition of six new names showcases Fundstrat’s commitment to a disciplined, research-driven investment framework, which actively seeks to benefit from various overarching market trends.

The Strategic Framework Behind Granny Shots

The Granny Shots investment strategy is grounded in a proprietary approach that integrates top-down macroeconomic research with bottom-up quantitative analysis. Stocks eligible for inclusion in the portfolio must appear in at least two of Fundstrat’s seven fundamental investment themes. This stringent selection process is aimed at targeting securities that may benefit from multiple potential structural tailwinds. Notably, the portfolio is equally weighted and set for quarterly rebalancing, ensuring its alignment with market fluctuations.

Seven Key Themes of the Granny Shots Strategy

1. Style Tilt: Positions aligned with current style factors such as value versus growth.
2. Seasonality: Implementing calendar-based positioning informed by historical market behavior.
3. PMI Recovery: Stocks favoring cyclically oriented companies poised for growth as economic indicators recover.
4. Millennials: Firms targeting the consumer behaviors of the largest demographic in the U.S.
5. Global Labor Supply: Companies that stand to gain from persistent labor shortages and advancements in automation and technology.
6. Energy and Cybersecurity: Emphasizes the energy sector's infrastructure combined with the necessary cybersecurity protections.
7. Easing Financial Conditions: Stocks that could thrive as monetary policy shifts towards more accommodative credit settings.

The Success Behind the Granny Shots ETF Suite

Since its inception in November 2024, the GRNY fund has achieved remarkable growth—garnering over $4.4 billion in AUM by June 2026. This substantial influx of interest highlights investors' desire to harness Fundstrat's extensive research within a systematic and actively managed equity strategy. The Granny Shots ETF suite, which encompasses the GRNY, the income-focused Granny Shots US Large Cap Income ETF (GRNI), and the mid-cap counterpart Granny Shots US Small-Mid Cap ETF (GRNJ), is designed to cater to diverse investor preferences across various market conditions.

For further information, fund managers and investors are encouraged to explore online resources connected to the Granny Shots suite at grannyshots.com.

Conclusion

Fundstrat Capital's strategic approach to ETF management, featuring quarterly evaluations and adjustments, showcases their adaptability to market changes while maintaining a focus on research-driven investment decisions. Tom Lee's insights and leadership continue to guide the firm towards navigating the complexities of the financial landscape, aiming for sustained growth and solid returns for its investors in an ever-evolving economy.