KFA Mount Lucas Managed Futures ETF
target weight2.76%
directionLong
roleAlternate Vehicle
Smallest weight in the book at 2.76%, up 7.8% - the largest relative gain, for the same reason as 
DBMF: the hawkish thesis stepped four points and 
the alignment raised it 0.50 to 0.52. Near-substitute for DBMF with a different manager and weighting scheme, retained for manager diversification within the trend-carry leg. Single-thesis holding, no dedupe.
vs 1.1.4+0.00 —
Theses funding this position
Every thesis whose alignment contributed weight here; edge weight is the thesis own confidence.
- held security
KFA Mount Lucas Managed Futures ETF- holding direction
Long- holding role
Alternate Vehicle- serves thesis
Hawkish Warsh regime and higher-for-longer