LSEQ distinguishes itself as the industry's first hedge fund to transition into an exchange-traded fund. Its primary objective is to optimize investment returns and adeptly manage risk amidst fluctuating market conditions. This is achieved by maintaining a balanced portfolio of long and short positions in U.S. large and mid-cap stocks. A multifactor model guides the selection of long positions, while a dedicated short model identifies potential underperformers. Central to its strategy is a proprietary macroeconomic regime model that categorizes market environments as either value, neutral, or momentum-driven. This framework informs key portfolio decisions, including gross and net exposure levels, alongside preferences for value, quality, profitability, and momentum factors. Industry group selection prioritizes perceived alpha opportunities, specifically targeting sectors exhibiting the highest dispersion in returns. For risk management, the fund employs long and short exposures designed to counteract downside tail risk, with performance gauged by the Sortino ratio. Its investment universe may also encompass U.S. Treasury bills, various derivatives, limited foreign exposure, and reverse repurchase agreements. LSEQ commenced operations with $3.64 million in net assets.

Warner Bros. Discovery, Inc.

Coupang, Inc.

Acadia Healthcare Company, Inc.

Klaviyo, Inc.

TeraWulf Inc.

The Mosaic Company

Freeport-McMoRan Inc.

Floor & Decor Holdings, Inc.

Unity Software Inc.

Newmont Corporation

Technology

Basic Materials

Healthcare

Consumer Cyclical

Communication Services

Industrials

Energy

Utilities

Consumer Defensive

Financial Services

Harbor Long-Short Equity ETF (LSEQ)

LSEQ Holdings & Sector Breakdown

LSEQ Holdings & Sector Breakdown