Fundstrat Rebalances Granny Shots ETF Suite

Fundstrat Capital has completed its August 2026 quarterly rebalance of the Granny Shots ETF suite, covering GRNY, GRNI and GRNJ. The New York investment manager reported $5.1 billion in combined assets under management as of August 27, 2026. The update brings six additions and seven deletions to the large-cap portfolio, while the small- and mid-cap portfolio added eight names and removed seven. The firm’s flagship GRNY and small- and mid-cap GRNJ funds have both ranked among the fastest-growing actively managed equity ETF launches in U.S. history, according to Morningstar and FactSet data cited by the company.

Portfolio Changes Across The Suite

The large-cap portfolio, used by GRNY, GRNI and GRNY UCITS, added Freeport-McMoRan, Intel, Lockheed Martin, Micron Technology, Space Exploration Technologies and Vertiv Holdings. It removed Air Products and Chemicals, Broadcom, American Express, Meta Platforms, Northrop Grumman, PNC Financial Services Group and Texas Pacific Land.

GRNJ, the Fundstrat Granny Shots US Small- & Mid-Cap ETF, added Allient, Amkor Technology, Cullen/Frost Bankers, FormFactor, MKS, nVent Electric, Precigen and Vicor. Deletions included Domino’s Pizza, e.l.f. Beauty, Neurocrine Biosciences, ON Semiconductor, United Therapeutics, Energy Fuels and Weatherford International.

Thomas “Tom” Lee, Chief Investment Officer at Fundstrat Capital, said:

“This recent rebalance in Granny Shots reflects a shifts toward 'quality growth' and 'quality cyclicals' consistent with the rate regime and our tactical and seasonal analysis.  We continue to identify the the strongest stocks tied to key supercycles but also falling within these broader parameters. This quarter, that process led to 6 additions and 7 deletions in large-cap and 8 additions and 7 deletions in small- and mid-cap. Our evidence-based research remains constructive on equities, and our positioning increasingly favors the downstream beneficiaries of AI.”

Assets Across Three Funds

GRNY held $4.52 billion in assets as of August 27, 2026, after surpassing $4 billion in roughly 14 months from its November 7, 2024 inception. GRNJ held $528 million after passing $500 million in under nine months from its November 18, 2025 inception. GRNI, which holds the same core equity positions as GRNY and includes an actively managed options overlay designed to generate monthly income distributions, held $58 million.

The suite is managed through a structure in which Tidal Investments LLC serves as investment adviser and Fundstrat Capital serves as investment sub-adviser. GRNY’s strategy is also available to non-U.S. investors in UCITS form through HANetf.

Seven Theme Selection Process

The Granny Shots methodology combines top-down macroeconomic research with bottom-up quantitative screening. A security must appear in at least two of seven investment themes to qualify for a portfolio, with holdings equally weighted and rebalanced quarterly.

The shorter-term themes are Style Tilt, Seasonality and PMI Recovery. Longer-term themes are Millennials, Global Labor Supply, Energy & Cybersecurity and Easing Financial Conditions.

A Research Driven ETF Offering

With products spanning large-cap equities, small- and mid-cap equities, and an income-oriented options overlay, the Granny Shots suite offers a focused set of actively managed strategies based on Fundstrat’s thematic framework. Investors can review the latest holdings and performance for GRNY, GRNJ and GRNI through the firm’s Granny Shots website.