The IM25

25 high-conviction positions selected for moat durability, growth scaling, and valuation discipline. Higher-scoring positions receive proportionally larger allocations (max 10% per position).

Visual Allocation

PORTFOLIO25 Holdings
BTC
AXON
SPGI
PLTR
ICE
NOW
MSFT
FICO
MCO
ETH
AMZN
SHOP
META
DDOG
TSM
UBER
PANW
CRWD
MSCI
NET
SE
MA
LLY
LMT
ISRG

Strategy Summary

25

High-conviction holdings

80

Score required / 100

Position-weighted · 25 holdings

Weighted avg · allocation-adjusted

Tech & SaaS54%
Financials & Payments24%

Allocation Breakdown

Near the Top 25

10

The next 10 highest-ranked names that fell outside the 25-position portfolio. Worth tracking — a moat upgrade, growth re-acceleration, or valuation reset could promote them.