Live positioning across every sleeve in the Repricing family. The cards below show current state at a glance; pick a portfolio from the dropdown to jump to its full detail page. Snapshot as of .
The Repricing Core book is the institutional flagship — a dynamic regime switcher between two vol-targeted books (BETA = SPY, REPRICING = the 5-position overlay). Each month the composite regime reading selects one sleeve; the other sits flat. Inception ; regime-on launch 2022. Snapshot as of .
Five positions express The Repricing of Locality when the composite regime is live. Each position has its own entry trigger and kill-switch keyed to the pillar set; positions toggle independently. Base is the pre-vol-target book weight; a gross-vol-target multiplier applies on top, capped at 2.5× gross. Current is the live overlay weight right now — zero for every position when the REPRICING sleeve is off (mode = BETA). Armed in the Status column means the trigger is met but the sleeve is off, so the position would fire if the switch flipped.
Curve rebases to 1× at each mode switch so subscribers can track the live trade. Current mode since ( in mode). Benchmark is 60% SPY / 40% AGG, daily-rebalanced. Full-sample curve with switches since inception lives on the methodology page.
BETA = SPY vol-targeted to . REPRICING = the five-position overlay, same target. One is on each month; the other is flat. of days in REPRICING historically.
Regime-driven, not price-driven
BETA is eligible only in the EXPANSION cycle phase with ≤ 1 pillar firing. Every other combination defaults to REPRICING. No trend-following, no momentum — the gate is the composite regime read itself.
Hysteresis + cost discipline
Two consecutive monthly confirmations required to switch (prevents whipsaw). 15 bp one-way switch cost. Thresholds locked ex ante; the methodology page records every test (including one rejected rule extension).
Positioning is research output, not investment advice. Sleeves are published so subscribers can evaluate the regime call on the same ground the author does. Sizing and instrument selection on any reader's real book is the reader's responsibility. See the methodology caveats for the full list of known limitations.