Fundstrat Capital has completed the May 2026 quarterly rebalance of its Fundstrat Granny Shots US Small- & Mid-Cap ETF (NYSE:GRNJ), adding 10 stocks and removing eight as the firm positions the portfolio for what Chief Investment Officer Tom Lee describes as a "challenging but ultimate ly constructive" environment for U.S. equities.
Since launching on November, 2025, the ETF rapidly attracted investor assets by extending Fundstrat's thematic research-driven approach beyond large-cap equities.
According to Lee, the quarterly rebalance reflects updated macroeconomic, quantitative and fundamental analysis.
The strategy seeks companies benefiting from multiple structural tailwinds, combining top-down macro research with bottom-up quantitative screening.
To qualify for inclusion, a stock must appear in at least two of Fundstrat's seven investment themes.
