Latest news with #FundstratCapital
CNBC
4 days ago
- Business
- CNBC
Bitcoin could be worth over $1 million per coin in the next few years, say Fundstrat's Tom Lee
Tom Lee, Fundstrat co-founder and managing partner and Fundstrat Capital CIO, joins 'Squawk Box' to discuss the latest market trends, state of the economy, future of 'Magnificent Seven' stocks, bitcoin price trends, and more.
CNBC
11-07-2025
- Business
- CNBC
Tom Lee's Granny Shots ETF is crushing the market and raking in cash
Tom Lee's Fundstrat Capital rose to prominence with timely macroeconomic calls on the market, and now his new ETF is flexing the firm's stock picking prowess. The Fundstrat Granny Shots US Large Cap ETF (GRNY) is quickly emerging as one of the most popular and successful active stock funds of the year. The fund hit $1.5 billion in assets under management just eight months after its launch last November, rapidly growing in an industry where some funds take years to reach 10% of that level. Performance has also been excellent so far compared to peers and a benchmark index. The fund has outperformed the MSCI USA Large Cap Index since inception, 13.7% to 7.8%, according to FactSet. Measured by Morningstar, the fund's return of about 14% this year is in the top three percent in its category, which includes nearly 1,400 other funds. "It's definitely been a positive surprise because we know how crowded the space is. ... This product really seems to be connecting with people, and from the comments we've received ... people have been buying it regularly, so they're not doing it as a one-time speculative purchase," Lee told CNBC about the fund's growth. The "granny shot" in the title is a reference to shooting a basketball free throw underhanded. For Fundstrat, it means a stock that falls under multiple key investment themes which the firm is tracking that drive earnings growth. Those themes include energy and cyber security, an AI-category called global labor suppliers, and the impact of millennials. "The strategy may not look flashy — but it's grounded in a disciplined, rules-based process designed to increase the likelihood of consistent results over time," the fund's website says. The result is a portfolio of about 35 S&P 500 stocks, rebalanced every three months. Top holdings currently include Robinhood, Oracle and Advanced Micro Devices. Picking stocks that fall under multiple themes helps the fund stand up under changing market moods, Lee said. "A stock that's both an AI story and tied to millennials then has a better chance of outperforming, because at any moment AI may not be in favor, but millennials might, so you're improving your chances of continuous outperformance," Lee said. The next step will be sustaining the outperformance over the long-term, which has tripped up many star fund managers in the past. Lee said he believes the focus on long-term trends and earnings growth gives this strategy staying power. "I think the idea of using a thematic approach and thinking about the story arcs that last a long time to find the stocks [that] outperform, I think that's what's really resonated with us. I think that is how you can still outperform," Lee said. The Granny Shots fund has an expense ratio of 0.75%.
Yahoo
10-07-2025
- Business
- Yahoo
Fundstrat Capital's GRNY ETF Surpasses $1.5 Billion in AUM, Posts 13.40% Return Since Inception
NEW YORK, July 10, 2025 /PRNewswire/ -- Fundstrat Capital has announced that the Fundstrat Granny Shots U.S. Large Cap ETF (NYSE: GRNY) has surpassed $1.5 billion in assets under management (AUM). Since its launch on November 7, 2024, GRNY has delivered a 13.40% return as of June 30, 2025. "Reaching $1.5 billion in AUM is an important milestone and we appreciate the support and trust from those investing in Granny Shots ($GRNY)." said Tom Lee, CIO and Portfolio Manager at Fundstrat Capital. "Many GRNY holders told us they appreciate our weekly videos, which provide the clarity regarding our decisions around holdings as well as our take on the macro and markets generally." GRNY's investment framework blends long-term structural themes—including millennial-driven demand, technological innovation, and monetary easing—with shorter-term tactical signals such as style rotation and shifts in PMI. For more information about the Fundstrat Granny Shots ETF, contact inquiry@ Performance data quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For the most recent month-end and standardized performance data, please visit Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus. Please read the prospectuses carefully before you invest. Investing involves risk. Principal loss is possible. The principal risks of investing in the Fund are summarized below. As with any investment, there is a risk that you could lose all or a portion of your investment in the Fund. Some or all of these risks may adversely affect the Fund's net asset value per share ("NAV"), trading price, yield, total return, and/or ability to meet its investment objective. For more information about the risks of investing in the Fund, see the section in the Fund's Prospectus titled "Additional Information About the Fund-Principal Risks of Investing in the Fund." Equity Market Risk. Common stocks are generally exposed to greater risk than other types of securities, such as preferred stock and debt obligations, because common stockholders generally have inferior rights to receive payment from specific issuers. Models and Data Risk. The composition of the Fund's portfolio is heavily dependent on investment models developed by the Sub-Adviser as well as information and data supplied by third parties ("Models and Data"). When Models and Data prove to be incorrect or incomplete, any decisions made in reliance thereon may lead to the inclusion or exclusion of securities from the Fund's portfolio that would have been excluded or included had the Models and Data been correct and complete. Operational Risk. The Fund is subject to risks arising from various operational factors, including, but not limited to, human error, processing and communication errors of the Fund's service providers, counter parties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund relies on third-parties for a range of services, including custody. New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions. Distributed by Foreside Fund Services, LLC. Foreside is not related to Tidal or Fundstrat. View original content to download multimedia: SOURCE Fundstrat Capital Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
Tom Lee's Fundstrat Granny Shots ETF (GRNY) Surpasses $1 Billion in AUM Six Months After Launch
NEW YORK, May 13, 2025 /PRNewswire/ -- Fundstrat Capital announced that the Fundstrat Granny Shots U.S. Large Cap ETF (NYSE: GRNY) has surpassed $1 billion in assets under management (AUM) as of May 12, 2025 marking a significant milestone achieved just six months after its launch on November 7, 2024. "We are grateful to our ETF holders for enabling us to reach this $1 billion milestone so quickly. We have heard from many they really appreciate our weekly video updates on GRNY as this helps them understand what we are doing in our investment portfolio—and it was especially valuable during this year's tariff-turbulent volatile market environment," said Tom Lee, CIO and Lead Portfolio Manager at Fundstrat Capital. "Hitting the $1 billion milestone reinforces what we continue to hear: investors want research-centric strategies in an accessible ETF wrapper, backed by transparent, ongoing communication." GRNY's rapid growth comes amid heightened demand for actively managed ETFs that offer both transparency and a point of view. The fund's equal-weighted construction and thematic investment strategy are designed to reduce concentration risk and provide exposure to companies positioned to benefit from macro tailwinds. "Reaching $1 billion in assets is an important milestone, but it's only the beginning," said Ken Xuan, Co-Portfolio Manager of GRNY. "Our focus remains on identifying high-quality opportunities and positioning the fund for sustainable growth, as we continue to leverage both market expertise and innovative strategies to benefit our investors." "We're incredibly grateful to our platform partners and the many advisors who have embraced GRNY," said Carrie Presley, ETF Product Specialist at Fundstrat Capital. "Their support has been instrumental in helping us reach this milestone—and we're just getting started." This milestone underscores the broad support from investors for GRNY's distinctive strategy— anchored in Fundstrat's thematic, evidence-based approach to navigating today's dynamic market environment. For more information on the Fundstrat Granny Shots ETF, visit or contact inquiry@ Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus. Please read the prospectuses carefully before you invest. Investing involves risk. Principal loss is possible. The principal risks of investing in the Fund are summarized below. As with any investment, there is a risk that you could lose all or a portion of your investment in the Fund. Some or all of these risks may adversely affect the Fund's net asset value per share ("NAV"), trading price, yield, total return, and/or ability to meet its investment objective. For more information about the risks of investing in the Fund, see the section in the Fund's Prospectus titled "Additional Information About the Fund-Principal Risks of Investing in the Fund." Equity Market Risk. Common stocks are generally exposed to greater risk than other types of securities, such as preferred stock and debt obligations, because common stockholders generally have inferior rights to receive payment from specific issuers. Models and Data Risk. The composition of the Fund's portfolio is heavily dependent on investment models developed by the Sub-Adviser as well as information and data supplied by third parties ("Models and Data"). When Models and Data prove to be incorrect or incomplete, any decisions made in reliance thereon may lead to the inclusion or exclusion of securities from the Fund's portfolio that would have been excluded or included had the Models and Data been correct and complete. Operational Risk. The Fund is subject to risks arising from various operational factors, including, but not limited to, human error, processing and communication errors of the Fund's service providers, counter parties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund relies on third-parties for a range of services, including custody. New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions. Distributed by Foreside Fund Services, LLC. Foreside is not related to Tidal or Fundstrat. View original content to download multimedia: SOURCE Fundstrat Capital Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
05-05-2025
- Business
- CNBC
Bitcoin is telling us the S&P should recover in the near-term, says Fundstrat's Tom Lee
Tom Lee, Fundstrat co-founder and managing partner and Fundstrat Capital CIO, joins 'Squawk Box' to discuss the latest market trends, what to make of the recent volatility, the Fed's interest rate decision, and more.
