Q4 2021 Rebalancing of Granny Shots

We have updated our Granny Shots portfolio for the third quarter. There have been nine stocks removed from the list and there have been thirteen stocks added. Our Granny Shots portfolio is comprised of stocks that qualify for at least two of our thematic and tactical themes. Our tactical themes are Value tilt, Seasonality and stocks that benefit from a PMI recovery. Our thematic categories are the economic rise of millennials, the rise of AI/Automation and Asset Intensity. 

Advanced Auto Parts Inc. (AAP 2.53% ) was added for Seasonality and for the Rise of AI/Automation. Activision  Blizzard, Inc (ATVI) was added for Value Tilt and for PMI recovery. Broadcom Inc. (AVGO -1.43% ) was added for Seasonality and the AI/Automation. AutoZone, Inc (AZO 1.21% ), PulteGroup Inc. (PHM 0.70% ) and Ross Stores, Inc. (ROST 0.53% ) were added because they qualify for Value Tilt and Seasonality. 

EOG Resources Inc. (EOG 0.39% ), US Bancorp (USB 0.23% ), and Marathon Petroleum Corporation (MPC 0.54% ) were added because they qualify for Value Tilt and PMI Recovery. Texas Instruments (TXN -0.90% ) was added for Seasonality and PMI Recovery. Ulta Beauty, Inc. (ULTA 1.56% ) was added because it qualifies for the Rise of Millennials theme and the Value tilt. KLA Corporation (KLAC -1.08% ) was added for Seasonality and Asset Intensity. W.R. Berkley Corporation (WRB 0.52% ) was added for Value tilt and PMI recovery. 

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