Rules-only · auto rebalance
Meridian Rules Portfolio
A pure-rules demo book separate from the daily stock-pick list: entries, exits, sizing and theme caps are fully automated, with public NAV and trade log.
Strategy capacity (execution first)
$10M USD
Soft and hard cap both $10M USD. Max single name ~$2.8M keeps slippage low so a live book can track the public rules curve more closely. Stop subscriptions above cap — no AUM race.
Not a return guarantee · demo book holds no client cash
Manual follow · rebalance alerts
Email on every rebalance · $19.99/mo
Register and subscribe to get an email the moment the rules book trades: side, symbol, reference size, target weights, and rule reasons. You place orders at your broker — we do not trade for you or hold funds.
- Email on every rules rebalance (same day)
- Buy/sell list, target weights, rule reasons
- You place orders at your broker (no custody)
- Public NAV curve stays free to view
Not investment advice or a return guarantee. Demo NAV is not live performance. Assess fees, slippage, and risk yourself.
NAV (start 100)
129.01
Inception 2026-01-02 · 100
Total return
+29.0%
Internal stretch annual target 80%
Cash
36.4%
Equity 63.6%
Positions
6/5
Max single name 18%
Rules backtest equity curve
2026-01-02 → 2026-09-11 · 174 trading days
Period return
+29.0%
Annualized
+44.6%
Max drawdown
-10.2%
vs SPY
+17.1%
≈6-month walk-forward: daily mark-to-market, rebalance ~every 10 sessions, rules v2 same as live. Start NAV 100 vs SPY buy-and-hold. Backtest is not live trading and does not guarantee future results.
Rules summary v2 (trend-focused)
Candidates come from the screener; the book is intermediate-trend oriented: higher score/momentum floors, score-weighted size, wider stops, fewer rebalances. Goal: a trackable NAV curve, not a research radar.
- · Entry: score≥62, 60d mom≥8%, themed names, score×momentum rank
- · Exit: −16% stop, or both 60d & 20d trends broken; min hold ~12 days
- · Book take-profit: +40% vs cycle base → flatten to cash and hold; no same-window rebuild that gives gains back
- · Sizing: max 5 names, ≤28% each, stronger names overweight
- · Theme: single primary ≤55% of NAV (allow concentration)
- · Equity target: risk-on 95% / mixed 80% / risk-off 35%; rebalance ~every 10 sessions
- · Capacity: hard cap $10M USD for a live book — prioritize low impact over AUM growth
- · Product split: this page ≠ daily 10+10 pick list
Holdings
| Symbol | Weight | Entry | Last | P&L | Momentum | Score |
|---|---|---|---|---|---|---|
SGOV iShares 0-3 Month Treasury Bond ETF | 36.4% | 100.40 2026-06-02 | 100.52 | +0.1% | 20d -0.0% · 60d -0.0% | 100 |
RTX RTX | 14.4% | 212.08 2026-08-27 | 197.68 | -6.8% | 20d -10.3% · 60d +5.8% | 78 |
LMT Lockheed Martin | 14.2% | 574.11 2026-07-30 | 524.19 | -8.7% | 20d -12.3% · 60d -2.2% | 90 |
GD General Dynamics | 13.1% | 380.06 2026-08-27 | 355.90 | -6.4% | 20d -9.4% · 60d -2.3% | 77 |
LLY Eli Lilly | 11.2% | 1154.97 2026-07-30 | 1115.70 | -3.4% | 20d -7.7% · 60d -0.6% | 76 |
REGN Regeneron | 10.7% | 807.71 2026-08-27 | 781.49 | -3.2% | 20d -3.0% · 60d +27.1% | 75 |
Recent trades
规则入场 score=75 · biotech · 20日9.4% · 60日34.0% · mixed
腾挪现金扫仓 · 为股票加仓释放 $14.3
规则入场 score=77 · defense · 20日-0.6% · 60日12.6% · mixed
腾挪现金扫仓 · 为股票加仓释放 $14.7
规则入场 score=78 · defense · 20日-1.1% · 60日21.7% · mixed
趋势失效 60日-8.6% / 20日-1.8%
规则入场 score=76 · biotech · 20日-3.1% · 60日19.3% · mixed
腾挪现金扫仓 · 为股票加仓释放 $15.0
规则入场 score=90 · commodities/defensive/defense · 20日10.0% · 60日10.8% · mixed
腾挪现金扫仓 · 为股票加仓释放 $5.3
趋势失效 60日-8.4% / 20日-6.2%
规则入场 score=83 · ai-semiconductor · 20日-1.3% · 60日82.2% · risk-on
Last rebalance notes
- · 全年剧本 walk-forward 2026-01-02→2026-09-11 · 仅美股
- · 上半年旧规则进攻 · +40% 止盈后 SGOV 锁定 · 7/1 切换 H2 再建仓
- · 下半年 H2 + 流动性 + 季节主题 · 闲钱持续 SGOV（7 月起可见扫仓成交）
- · 全年锁定：净值≥180（1.8）即了结 · 不贪 1.9（距目标约 40%）
- · 当前 SGOV≈46.9 · 真实现金≈0.0 · 现金等价 36% · 7月后扫仓成交 7 笔
- · 闲置现金扫仓：超额现金买入 SGOV（0–3个月美债 ETF），保留约 2% 真实现金缓冲
- · 加仓股票时优先卖出 SGOV 腾挪资金；组合止盈后仍可持有 SGOV 吃票息
- · 美股-only · 防守仓位 + Fed流动性闸门 + H2季节主题
- · Q3：能源/国防/AI铁锹（电力·设备）超配；回避中概与加密
- · Q4：生物医药超配，国防底仓，AI铁锹保留；能源若地缘缓和则减仓
- · IPO抽水代理：SOXX/XLK 20日过热且流动性仅中性时，收紧半导体入场
- · 闲置现金扫入 SGOV（0–3个月美债），不加股票风险敞口
- · 全年锁定净值≥180（1.8）即了结 · 不贪 1.9
- · 规则切换日 2026-07-01 · 下半场改用新规则 +流动性闸门 +H2季节主题
- · 闲置现金扫仓：超额现金买入 SGOV（0–3个月美债 ETF），保留约 2% 真实现金缓冲
- · 加仓股票时优先卖出 SGOV 腾挪资金；组合止盈后仍可持有 SGOV 吃票息
- · 日程窗口 2026-01-01 → 最新 · 再建仓日 2026-07-01
- · 2026-06-02 组合止盈#1 · +40.6% → 全平并扫入 SGOV NAV=140.57 · 不贪锁定
- · 2026-06-11 再平衡#12 · 组合止盈后持币/SGOV锁定 · NAV=140.70 · 现金等价 100%
- · 2026-06-26 再平衡#13 · 组合止盈后持币/SGOV锁定 · NAV=140.91 · 现金等价 100%
- · 2026-07-01 规则切换 · 启用下半场规则 · 流动性闸门ON · H2季节ON
- · 2026-07-01 日程再建仓#1 · 解锁入场 · 本轮起点 NAV=140.57
- · 净值曲线 2026-01-02→2026-09-11 · 收益 29.0% · 最大回撤 -10.2% · vs SPY +17.1%
This is a rules-based research/demo ledger, not investment advice and not a return guarantee. The internal stretch annual target is not a promise. Past performance does not guarantee future results.