USC SealTROJAN SMIFUSC Marshall · MSF
Portfolio · Live Report

USC SMIF · Live Book

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Position, performance, and risk review synced from the SMIF Portfolio Tracker. Benchmark: SPY. Base currency: USD. Long-only. All activity paper-traded.

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Net Asset Value
$127,348
Since Inception
+27.35%
vs SPY +12.25%
Sharpe Ratio
2.41
Sortino 3.18
Max Drawdown
-6.10%
Portfolio vs SPY
Indexed NAV · 100 at inception
130123115108100
2025-08-132026-04-20
Portfolio (indexed to 100)SPY Benchmark
Ann. Return
39.80%
Ann. Volatility
12.40%
Beta vs SPY
0.46
Alpha (ann.)
+19.20%
Allocation

Asset class breakdown

Target bands per Fund policy. Cash remains above target while the Fund ramps its book in Year 1.

Total98.4%
Asset classWeightTarget bandStatus
US Equity23.90%4555%Out of band
ETF5.67%015%In band
Fixed Income0.92%2030%Out of band
International Equity0.00%1020%Out of band
Alternatives0.61%010%In band
Cash67.35%210%Out of band
Sector exposure

GICS sector weights

Technology
18.70%
Financials
12.40%
Communication Services
11.31%
Consumer Discretionary
9.18%
Industrials
7.85%
Consumer Staples
7.41%
Healthcare
5.24%
Energy
3.10%
Materials
2.79%
Fixed Income
2.07%
Real Estate
1.09%
Sector cap
25%

No single GICS sector may exceed 25% of NAV. Breaches trigger Risk Management review within one business day.

Top sector
Technology · 18.70%
Holdings

24 positions

Cost basis → market · thesis on record
Swipe to see more
TickerNameAsset classSectorWeight %P&L
AAPL
Apple Inc.
Ecosystem moat + services margin expansion; resilient free cash flow.
US EquityTechnology2.50%+55.58%
AMZN
Amazon.com Inc.
AWS operating leverage + retail margin recovery.
US EquityConsumer Discretionary1.14%+67.53%
BND
Vanguard Total Bond Market ETF
Broad investment-grade bond exposure for yield + ballast.
ETFFixed Income0.68%+0.28%
BRK-B
Berkshire Hathaway
Buffett discount + operating business float.
US EquityFinancials1.73%+15.00%
CAT
Caterpillar Inc.
Infrastructure cycle exposure; dealer inventory reset.
US EquityIndustrials1.83%+189.70%
COST
Costco Wholesale
Membership model moat; price-taker with operating leverage.
US EquityConsumer Staples1.83%+47.74%
GLD
SPDR Gold Shares
Gold hedge against real-rate volatility.
AlternativesAlternatives0.61%+126.25%
GOOGL
Alphabet Inc.
Search dominance + AI-led ad targeting upside; cloud mix shift.
US EquityCommunication Services1.85%+131.43%
HD
The Home Depot
Housing-cycle trough; pro customer share gains.
US EquityConsumer Discretionary0.96%+4.71%
HON
Honeywell
Aerospace recovery + automation backlog.
US EquityIndustrials0.74%+15.80%
JNJ
Johnson & Johnson
Post-Kenvue spin pure-play pharma; MedTech growth.
US EquityHealthcare1.27%+48.16%
JPM
JPMorgan Chase
Top-tier capital returns; scale in investment banking.
US EquityFinancials2.32%+70.98%
LIN
Linde plc
Industrial gas oligopoly; hydrogen optionality.
US EquityMaterials0.91%+16.20%
META
Meta Platforms
Reels monetization ramp + AI-driven ad optimization.
US EquityCommunication Services1.84%+100.03%
MSFT
Microsoft
Azure secular growth + Copilot monetization; enterprise pricing power.
US EquityTechnology2.87%+9.96%
NVDA
NVIDIA
GPU demand reset; AI infrastructure leader — stop-loss breach under review.
US EquityTechnology0.74%-59.23%
Stop-loss breach
PG
Procter & Gamble
Premiumization + pricing power in staples categories.
US EquityConsumer Staples0.59%-5.44%
QQQ
Invesco QQQ Trust
Large-cap growth tilt — tech/AI exposure.
ETFTechnology2.07%+51.90%
SPY
SPDR S&P 500 ETF
Core S&P 500 exposure — beta anchor for the Fund.
ETFUS Equity3.24%+38.88%
TLT
iShares 20+ Year Treasury
Long-duration Treasury hedge for risk-off scenarios.
Fixed IncomeFixed Income0.24%-8.56%
TSLA
Tesla Inc.
Auto demand softness priced in; energy + FSD optionality.
US EquityConsumer Discretionary0.90%+82.30%
UNH
UnitedHealth Group
Managed care scale; Optum growth engine — stop-loss breach under review.
US EquityHealthcare0.44%-35.08%
Stop-loss breach
VNQ
Vanguard Real Estate ETF
Diversified REIT exposure — rate-sensitive income sleeve.
ETFReal Estate0.36%+9.51%
XOM
Exxon Mobil
Capital discipline + Guyana volumes; refining tailwind.
US EquityEnergy1.01%+36.11%
Attribution

Who moved the P&L.

Top contributors
Gainers
  • CAT+4.12%
  • GLD+3.05%
  • GOOGL+2.81%
  • META+2.22%
  • TSLA+1.64%
Top detractors
Losers
  • NVDA-0.88%
  • UNH-0.31%
  • TLT-0.07%
  • PG-0.05%
Compliance

Policy limits, checked in real time.

Pass · 59Warn · 2Fail · 0
Position cap
5%
Sector cap
25%
Cash floor
2%
Trade cap
3%
Stop-loss
15%

Two stop-loss warnings open — NVDA and UNH. Under Risk Management review with the Investment Committee for either size reduction or thesis reaffirmation.

Primary source
SMIF Portfolio Tracker

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