Clarus Group, Inc.

The portfolio structure is characterized by a "core-and-satellite" architecture. A substantial portion of assets is invested in Exchange Traded Funds (ETFs) and structured solutions, serving as the portfolio's core. This core is surrounded by a large number of individual equity positions across various sectors. The management style appears active, evidenced by the high turnover rate: the firm executed 40 changes involving new or sold positions, while only 4 positions saw increased stakes and 21 saw reductions. This suggests a strategy focused on tactical reallocation rather than long-term buy-and-hold stagnation.

Key Holdings