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Symphonies
Pershing Square Portfolio - (AR:39.4%, DD:44.0%) 200d Bull & Bear Hedge
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Own a Pershing Square–style stock basket in market uptrends; otherwise split into tactical hedges that switch among leveraged Nasdaq/S&P bear funds, Treasuries, or cash‑like T‑Bills using short‑term trend and momentum signals.
NutHow it works
1) If the S&P 500 (SPY) is above its 200‑day average (uptrend), hold a basket like Bill Ackman’s: Hilton (HLT), Chipotle (CMG), QSR, Google (GOOGL), Howard Hughes (HHH), Canadian Pacific (CP), Brookfield (BN), Nike (NKE). 2) If not, but tech (XLK) just dipped, still hold that basket. 3) Otherwise split 50/50 into hedges that rotate among TQQQ (3x Nasdaq up), SQQQ/PSQ/SPXS/SPXU (bear funds), TLT/IEF/BND (Treasuries) or BIL (T‑Bills) using short‑term trend and momentum (RSI: a 0–100 recent‑move score).
CheckmarkValue prop
Out-of-sample Calmar ~0.83, max drawdown ~18.28% (slightly better than SPY), and a beta near 0.83 combine to offer downside protection with diversified upside via a Pershing-style stock basket and tactical hedges vs. the S&P 500.

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Invest in this strategy
OOS Start Date
Sep 30, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Trend-following,tactical allocation,hedged equity,pershing square clone,leveraged etfs,momentum,market timing,rsi,moving average
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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, CP, HLT, CMG, NKEandHHH. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 15.09%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 18.28%. 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, crypto, and options.