Big Tech Equal Weight

Thesis

An equal-weight Apple, Microsoft and Google basket seeks gains as their share prices rise.

Strategy

• Equal thirds: Open long AAPL, MSFT and GOOGL stock futures with one-third of allocated USDC exposure each. • Drift-only rebalancing: Check every minute and rebalance all three when any weight moves at least 5 percentage points from 33.33%. • Sizing and exit: Target 1x allocated equity with $10 minimum adjustments, and hold until stopped.

Exposure

• Holds: Three stock futures — Apple, Microsoft and Google price exposure backed by USDC, not company shares. • Venue: Hyperliquid XYZ — AAPL, MSFT and GOOGL markets; USDC collateral stays on Hyperliquid. • Leverage: 1x target exposure — Total exposure across the three stocks targets the allocated USDC plus unrealized gains or losses. • Costs: Trading and funding — Hyperliquid trading fees and ongoing funding payments on the three stock futures. • Data: Circuit — Prices and allocated holdings for AAPL, MSFT and GOOGL. • On unwind: USDC — Close all three stock futures and retain USDC on Hyperliquid.