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Symphonies
Pershing Square Equities - (AR:95%, DD:17.9%) BDRY Short Hedge
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A Bill Ackman-style stock basket with a market-timing overlay: it stays fully invested when economic signals look healthy, but can rotate part of the portfolio into aggressive bullish or bearish Nasdaq/S&P trades when conditions weaken.
NutHow it works
This strategy usually owns a concentrated basket of stocks associated with Bill Ackman’s Pershing Square: Alphabet, Hilton, Chipotle, Restaurant Brands, Howard Hughes, Canadian Pacific, Brookfield, and Nike. It first checks BDRY, a shipping/freight fund used here as a pulse of global economic activity. If that looks healthy, it stays fully invested. If not, it may shift part of the money into aggressive short-term bets—sometimes against the stock market, sometimes into a quick rebound trade in tech.
CheckmarkValue prop
Out-of-sample, higher upside with lower risk: 20.17% annual return vs 16.67% (SPY), 12.75% max drawdown vs 18.76%, Calmar 1.58—stronger risk-adjusted growth than the S&P 500.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.570.280.030.18
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
216.52%14.84%-0.05%3.57%0.82
Pershing Square Equities - (AR:95%, DD:17.9%) BDRY Short Hedge
11,156.75%76.36%2.23%0.11%2.02
Initial Investment
$10,000.00
Final Value
$1,125,675.34
Regulatory Fees
$1,921.15
Total Slippage
$15,607.55
Invest in this strategy
OOS Start Date
Sep 30, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Clone strategy, hedge overlay, concentrated equities, tactical market timing, leveraged etfs, inverse etfs
Tickers in this symphonyThis symphony trades 20 assets in total
Ticker
Type
BDRY
Breakwave Dry Bulk Shipping ETF
Stocks
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BN
Brookfield Corporation
Stocks
BND
Vanguard Total Bond Market
Stocks
CMG
Chipotle Mexican Grill, Inc.
Stocks
CP
Canadian Pacific Kansas City Limited
Stocks
GOOGL
Alphabet Inc. Class A Common Stock
Stocks
HHH
Howard Hughes Holdings Inc.
Stocks
HLT
Hilton Worldwide Holdings Inc.
Stocks
IEF
iShares 7-10 Year Treasury Bond ETF
Stocks

FAQ

A Composer symphony is an automated trading strategy that executes trades based on parameters of your choice. Some symphonies are similar to holding one ETF in normal conditions and rotating to a different ETF when market conditions shift, for example a 5% drop in the S&P 500, while others use complex rules with dozens of triggers. However, complex doesn’t always mean better. A simple, well-structured symphony can be just as effective as an intricate one. Learn more about how symphonies work here.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toGOOGL, BN, QSR, TQQQ, CP, HLT, CMG, NKE, SQQQandHHH. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 19.04%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 12.75%. The maximum drawdown measures the largest peak-to-trough decline. It's an important metric to evaluate risk and the strategy's behavior during market stress.

To invest in the symphony, simply click the Invest button on this page. You'll need to open an account with Composer if you don't have one yet, then you can start investing. Composer will automatically execute the trades for you based on the strategy's rules. Composer also supports trading individual stocks, ETFs, and options.
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