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Fundstrat Granny Shots US Large Cap ETF (GRNY) is maintained at 'hold' due to elevated risk and reliance on the AI spending cycle and declining interest rates. GRNY's strategy favors growth stocks, with high exposure to AI-infrastructure names and a portfolio beta of 1.32, signaling high risk. Despite similar historical growth to IVV, GRNY's forward EPS growth expectations are higher, but valuation is less attractive on a growth-at-a-reasonable-price basis.
Farther Finance Advisors LLC purchased a new stake in shares of Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 92,530 shares of the company's stock, valued at approximately $2,575,000.
The Fundstrat Granny Shots US Large Cap ETF is a "Hold" due to questionable crypto allocations. GRNY's performance is benchmarked against ARKK, QQQ, and VOO, highlighting its competitive positioning among large-cap ETFs. Tom Lee's team actively adjusts GRNY's holdings, demonstrating a dynamic approach to portfolio construction.
Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday. The company traded as high as $28.58 and last traded at $28.4970, with a volume of 1087417 shares trading hands. The stock had previously closed at $28.32. Fundstrat Granny Shots U.S.
The Fundstrat Granny Shots US Large Cap ETF offers diversified exposure to high-growth themes, notably AI infrastructure, defense, and bitcoin pricing recovery. GRNY's factor-based, equal-weighted approach targets companies benefiting from AI investments, including NVDA, INTC, MU, VRT, and CSPs like AMZN, GOOG, and MSFT. Despite concentration risk in AI and manager risk from active selection, GRNY's liquidity and low trading costs support tactical allocation.
Fundstrat Granny Shots US Large Cap ETF (GRNY) is downgraded to Hold due to underwhelming alpha and risk-reward profile versus the S&P 500. GRNY's portfolio is diversified by stock but highly concentrated in AI capex and cyclical growth themes, amplifying beta and macro sensitivity. Despite a differentiated quant-fundamental methodology and even-weight allocation, GRNY's returns have lagged SPY, especially in recent rebounds.
Fundstrat Capital completed the August 2026 quarterly rebalance for the Granny Shots ETF suite: GRNY, GRNI, and GRNJ, with $5.1 billion in combined assets under management as of August 27, 2026. Flagship GRNY and small- and mid-cap GRNJ each rank among the fastest-growing actively managed equity ETF launches in U.S. history.
SEC filings for GRNY aren't indexed yet (common for recently launched funds). Browse the issuer's filings on SEC EDGAR directly.