Ramsey Quantitative Systems
LOUISVILLE, KY
$112m in 60 US stocks at the end of 30 June 2026. The top 10 are 93.7% of the money. It changed about 11.6% of the portfolio this quarter.
Value
$112m
Stocks
60
Top 10 share
93.7%
Turnover
11.6%
What changed this quarter
New
Bought for the first time this quarter.
- Ishares TRMUB1.4% of the fund
- Ishares TRHYG1.1% of the fund
- Vaneck ETF TrustHYD1.0% of the fund
- Nuveen AMT Free Qlty MUNXNEAX0.7% of the fund
- Nuveen Municipal Credit Income FundNZF0.5% of the fund
- Nuveen Quality Municipal Income FundNAD0.4% of the fund
- Proshares TRSDS0.4% of the fund
- Nuveen AMT-Free Municipal Credit Income FundNVG0.3% of the fund
- VS Trust0.3% of the fund
- Ishares TRUSHY0.3% of the fund
- Proshares TR IIUVXY0.3% of the fund
- Proshares TRSPXU0.2% of the fund
- Viomi TechnologyVIOT0.2% of the fund
- Star HoldingsSTHO0.2% of the fund
- Qfin HoldingsQFIN0.2% of the fund
- Lufax HoldingLU0.2% of the fund
- Listed FDS TRMAGS0.2% of the fund
- Eli LillyLLY0.2% of the fund
- Finvolution GroupFINV0.2% of the fund
- VisaV0.2% of the fund
- ZhihuZH0.2% of the fund
- YuanbaoYB0.1% of the fund
- Joint Stock Co Kaspi.kzKSPI0.1% of the fund
- Proshares TRSH0.1% of the fund
- Spdr Series TrustXBI0.1% of the fund
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
- State STR Spdr S&P 500 ETF TSPY85.0% of the fund-7%
- Proshares TR IISVXY0.9% of the fund-56%
- VS TrustSVIX0.9% of the fund-46%
- CitigroupC0.1% of the fund-50%
Sold out
Sold their entire stake.
- Ipath Series B S&P 500 VIX-100%
- ProShares Ultra VIX Short-Term Futures ETF-100%
- IsharesEWZ-100%
- Proshares Short VIX ST Futur-100%
- Direxion Shares ETF TrustSPXL-100%
- Proshares TRBITO-100%
- Meta PlatformsMETA-100%
- Proshares TRREK-100%
- OracleORCL-100%
Holdings
- State STR Spdr S&P 500 ETF TSPY
- Share
- 85.0%
- Value
- $95m
- Shares
- 127,043
-7%
- Ishares TRMUB
- Share
- 1.4%
- Value
- $2m
- Shares
- 15,000
New
- Ishares TRHYG
- Share
- 1.1%
- Value
- $1m
- Shares
- 15,000
New
- Vaneck ETF TrustHYD
- Share
- 1.0%
- Value
- $1m
- Shares
- 21,000
New
- Proshares TR IISVXY
- Share
- 0.9%
- Value
- $959,105
- Shares
- 16,750
-56%
- VS TrustSVIX
- Share
- 0.9%
- Value
- $951,200
- Shares
- 40,000
-46%
- Nuveen AMT Free Qlty MUNXNEAX
- Share
- 0.7%
- Value
- $739,620
- Shares
- 63,000
New
- Nuveen Municipal Credit Income FundNZF
- Share
- 0.5%
- Value
- $570,600
- Shares
- 45,000
New
- Nuveen Quality Municipal Income FundNAD
- Share
- 0.4%
- Value
- $436,320
- Shares
- 36,000
New
- Proshares TRSDS
- Share
- 0.4%
- Value
- $432,212
- Shares
- 7,600
New
- Nuveen AMT-Free Municipal Credit Income FundNVG
- Share
- 0.3%
- Value
- $345,600
- Shares
- 27,000
New
- VS Trust
- Share
- 0.3%
- Value
- $333,720
- Shares
- 108,000
New
- Ishares TRUSHY
- Share
- 0.3%
- Value
- $333,180
- Shares
- 9,000
New
- Proshares TR IIUVXY
- Share
- 0.3%
- Value
- $280,759
- Shares
- 11,280
New
- Proshares TRSPXU
- Share
- 0.2%
- Value
- $270,611
- Shares
- 7,300
New
- Viomi TechnologyVIOT
- Share
- 0.2%
- Value
- $257,667
- Shares
- 329,497
New
- Qfin HoldingsQFIN
- Share
- 0.2%
- Value
- $207,111
- Shares
- 13,100
New
- Lufax HoldingLU
- Share
- 0.2%
- Value
- $199,292
- Shares
- 150,979
New
- Listed FDS TRMAGS
- Share
- 0.2%
- Value
- $192,900
- Shares
- 3,000
New
- Finvolution GroupFINV
- Share
- 0.2%
- Value
- $185,852
- Shares
- 38,800
New
- ZhihuZH
- Share
- 0.2%
- Value
- $168,538
- Shares
- 53,846
New
- YuanbaoYB
- Share
- 0.1%
- Value
- $159,852
- Shares
- 10,489
New
- Proshares TRSH
- Share
- 0.1%
- Value
- $158,496
- Shares
- 4,800
New
- Spdr Series TrustXBI
- Share
- 0.1%
- Value
- $158,250
- Shares
- 1,000
New
- X FinlXYF
- Share
- 0.1%
- Value
- $134,736
- Shares
- 27,838
New
- Jiayin GroupJFIN
- Share
- 0.1%
- Value
- $118,375
- Shares
- 41,390
New
- Vipshop HldgsVIPS
- Share
- 0.1%
- Value
- $116,688
- Shares
- 8,800
New
- Yiren DigitalYRD
- Share
- <0.1%
- Value
- $110,310
- Shares
- 131,997
New
- Noah HldgsNOAH
- Share
- <0.1%
- Value
- $104,895
- Shares
- 10,500
New
- Proshares TRSQQQ
- Share
- <0.1%
- Value
- $101,668
- Shares
- 2,800
New
- SasolSSL
- Share
- <0.1%
- Value
- $67,758
- Shares
- 6,900
New
- JoyyJOYY
- Share
- <0.1%
- Value
- $63,350
- Shares
- 960
New
- Ecopetrol S AEC
- Share
- <0.1%
- Value
- $58,384
- Shares
- 4,100
New
- Vale S AVALE
- Share
- <0.1%
- Value
- $55,648
- Shares
- 3,700
New
- PDD HoldingsPDD
- Share
- <0.1%
- Value
- $53,396
- Shares
- 700
New
- Direxion Shares ETF TrustLABU
- Share
- <0.1%
- Value
- $40,894
- Shares
- 140
New
- Hello GroupMOMO
- Share
- <0.1%
- Value
- $26,100
- Shares
- 4,500
New
- XunleiXNET
- Share
- <0.1%
- Value
- $24,059
- Shares
- 4,300
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| State STR Spdr S&P 500 ETF TSPY | 85.0% | $95m | 127,043 | -7% |
| Ready CapitalRC | 2.0% | $2m | 1,249,003 | Held |
| Ishares TRMUB | 1.4% | $2m | 15,000 | New |
| Ishares TRHYG | 1.1% | $1m | 15,000 | New |
| Vaneck ETF TrustHYD | 1.0% | $1m | 21,000 | New |
| Proshares TR IISVXY | 0.9% | $959,105 | 16,750 | -56% |
| VS TrustSVIX | 0.9% | $951,200 | 40,000 | -46% |
| Nuveen AMT Free Qlty MUNXNEAX | 0.7% | $739,620 | 63,000 | New |
| Nuveen Municipal Credit Income FundNZF | 0.5% | $570,600 | 45,000 | New |
| Nuveen Quality Municipal Income FundNAD | 0.4% | $436,320 | 36,000 | New |
| Proshares TRSDS | 0.4% | $432,212 | 7,600 | New |
| Nuveen AMT-Free Municipal Credit Income FundNVG | 0.3% | $345,600 | 27,000 | New |
| VS Trust | 0.3% | $333,720 | 108,000 | New |
| Ishares TRUSHY | 0.3% | $333,180 | 9,000 | New |
| Proshares TR IIUVXY | 0.3% | $280,759 | 11,280 | New |
| Proshares TRSPXU | 0.2% | $270,611 | 7,300 | New |
| Viomi TechnologyVIOT | 0.2% | $257,667 | 329,497 | New |
| Star HoldingsSTHO | 0.2% | $217,385 | 23,810 | New |
| Qfin HoldingsQFIN | 0.2% | $207,111 | 13,100 | New |
| Lufax HoldingLU | 0.2% | $199,292 | 150,979 | New |
| Listed FDS TRMAGS | 0.2% | $192,900 | 3,000 | New |
| Eli LillyLLY | 0.2% | $191,909 | 160 | New |
| Finvolution GroupFINV | 0.2% | $185,852 | 38,800 | New |
| VisaV | 0.2% | $171,545 | 500 | New |
| ZhihuZH | 0.2% | $168,538 | 53,846 | New |
| YuanbaoYB | 0.1% | $159,852 | 10,489 | New |
| Joint Stock Co Kaspi.kzKSPI | 0.1% | $159,418 | 1,840 | New |
| Proshares TRSH | 0.1% | $158,496 | 4,800 | New |
| Spdr Series TrustXBI | 0.1% | $158,250 | 1,000 | New |
| Braskem SABAK | 0.1% | $154,630 | 63,373 | New |
| GeoParkGPRK | 0.1% | $142,870 | 15,700 | New |
| OMS Energy TechnologiesOMSE | 0.1% | $142,735 | 36,978 | New |
| CitigroupC | 0.1% | $139,960 | 1,000 | -50% |
| Western UnionWU | 0.1% | $138,338 | 17,966 | New |
| X FinlXYF | 0.1% | $134,736 | 27,838 | New |
| Petrobras - Petroleo Brasileiro SAPBR | 0.1% | $134,688 | 9,200 | New |
| Jiayin GroupJFIN | 0.1% | $118,375 | 41,390 | New |
| Vipshop HldgsVIPS | 0.1% | $116,688 | 8,800 | New |
| MicrosoftMSFT | 0.1% | $111,906 | 300 | New |
| Yiren DigitalYRD | <0.1% | $110,310 | 131,997 | New |
| PayPal HoldingsPYPL | <0.1% | $107,950 | 2,500 | New |
| Noah HldgsNOAH | <0.1% | $104,895 | 10,500 | New |
| Proshares TRSQQQ | <0.1% | $101,668 | 2,800 | New |
| BumbleBMBL | <0.1% | $91,520 | 28,600 | New |
| Graftech InternationalEAF | <0.1% | $68,550 | 11,599 | New |
| SasolSSL | <0.1% | $67,758 | 6,900 | New |
| JoyyJOYY | <0.1% | $63,350 | 960 | New |
| Ecopetrol S AEC | <0.1% | $58,384 | 4,100 | New |
| Vale S AVALE | <0.1% | $55,648 | 3,700 | New |
| PDD HoldingsPDD | <0.1% | $53,396 | 700 | New |
| IntelINTC | <0.1% | $50,267 | 360 | New |
| SandiskSNDK | <0.1% | $50,022 | 22 | New |
| CaterpillarCAT | <0.1% | $47,921 | 45 | New |
| Micron TechnologyMU | <0.1% | $46,172 | 40 | New |
| Direxion Shares ETF TrustLABU | <0.1% | $40,894 | 140 | New |
| Hello GroupMOMO | <0.1% | $26,100 | 4,500 | New |
| XunleiXNET | <0.1% | $24,059 | 4,300 | New |
| Fuelcell EnergyFCEL | <0.1% | $21,606 | 600 | New |
| ACM ResearchACMR | <0.1% | $21,571 | 170 | New |
| CoherentCOHR | <0.1% | $11,834 | 30 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 44.4% since 30 June 2025.
Where the money is
Real estate2.2%
Technology0.7%
Financial services0.4%
Energy0.2%
Industrials0.2%
Health care0.2%
Materials0.1%
Other96.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.