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Diamond AI

Spanning the full AI value chain, from chips to power.

Clone Diamond AI

Copies this strategy's roster and target weights into a new fund in your account. Nothing is bought — you fund it and approve every trade yourself.

Thesis

Diamond AI is a global portfolio built around a single idea: artificial intelligence runs on physical and digital infrastructure, and that infrastructure spans far more than a handful of household names. The fund invests across every layer of the AI value chain: semiconductors and AI chips, chip-making equipment and design software, networking and optics, power generation and cooling, data centers, cloud platforms, AI software and security, and the servers and systems that tie it all together. The portfolio is organized into two sleeves. The Core sleeve provides broad, balanced representation across the full value chain. The Diamond sleeve holds the fund's higher-conviction positions, typically mid- and small-cap companies whose businesses are deeply tied to AI infrastructure but that are often overlooked in mega-cap-dominated thematic funds that are prevalent. A modified equal-weighting approach, with firm limits on single-name and sub-category concentration, is designed to avoid over-reliance on any one company, customer, or chip architecture. Diamond AI is intended for investors seeking thoughtfully diversified, worldwide exposure to the companies building AI infrastructure.

Track record

This strategy -9.6%SPY +1.3%
2026-06-232026-07-17

Rebased to 100 at inception, net of the strategy's trading — deposits and withdrawals don't distort it. Past performance is not indicative of future results.

Roster (86)

Target weights that define the strategy — what a clone starts from.

TickerCompanySleeveTarget
FNFabrinetDiamond2.62%
BWXTBWX TechnologiesDiamond2.47%
NBISNebius GroupDiamond2.40%
AGXArgan, Inc.Diamond2.32%
CRDOCredo TechnologyDiamond2.17%
GFSGlobalFoundriesDiamond2.06%
CLSCelestica Inc.Diamond2.04%
ALABAstera LabsDiamond1.94%
SITMSiTime CorporationDiamond1.85%
MIRMirion TechnologiesDiamond1.74%
EMEEMCOR GroupCore1.59%
CMICummins Inc.Core1.54%
APLDApplied Digital CorporationDiamond1.50%
COHRCoherentDiamond1.43%
IRENIREN LimitedDiamond1.43%
LSCCLattice SemiconductorDiamond1.41%
POWLPowell IndustriesDiamond1.41%
LITELumentum HoldingsDiamond1.41%
STRLSterling InfrastructureDiamond1.40%
DLRDigital Realty TrustCore1.38%
AMZNAmazonCore1.38%
GOOGLAlphabetCore1.38%
MSFTMicrosoftCore1.38%
FLEXFlex Ltd.Core1.34%
CCJCamecoDiamond1.33%
LEUCentrus Energy Corp.Diamond1.33%
TLNTalen EnergyDiamond1.33%
CRWVCoreWeaveCore1.25%
AEHRAehr Test SystemsDiamond1.22%
FORMFormFactor, Inc.Diamond1.22%
EQIXEquinixCore1.22%
CRWDCrowdStrike HoldingsCore1.22%
NETCloudflareCore1.22%
NOWServiceNowCore1.22%
CAMTCamtekDiamond1.22%
ENTGEntegrisDiamond1.22%
PANWPalo Alto NetworksCore1.22%
TERTeradyneDiamond1.22%
DDOGDatadog, Inc.Core1.20%
ONTOOnto InnovationDiamond1.15%
INODInnodata Inc.Diamond1.00%
ORCLOracleCore1.00%
PENGPenguin Solutions, Inc.Diamond1.00%
SYMSymboticDiamond1.00%
CDPCOPT Defense PropertiesDiamond0.98%
DELLDell TechnologiesCore0.92%
BEBloom EnergyDiamond0.90%
VRTVertiv Holdings CoCore0.90%
AMDAdvanced Micro DevicesCore0.89%
ARMArm Holdings plcCore0.89%
AVGOBroadcomCore0.89%
ETNEaton CorpCore0.89%
FIXComfort Systems USACore0.89%
GEVGE VernovaCore0.89%
HUBBHubbell IncorporatedCore0.89%
NVDANVIDIACore0.89%
NVTnVent ElectricCore0.89%
STXSeagate TechnologyCore0.89%
TSMTaiwan Semiconductor Manufacturing (ADR)Core0.89%
WDCWestern DigitalCore0.89%
LRCXLam Research CorporationCore0.89%
ANETArista NetworksCore0.89%
APHAmphenolCore0.89%
CIENCienaCore0.89%
GLWCorning IncorporatedCore0.89%
MUMicron TechnologyCore0.85%
SNOWSnowflakeCore0.85%
ZSZscalerCore0.85%
CEGConstellation EnergyCore0.83%
NRGNRG EnergyCore0.83%
VSTVistra CorpCore0.83%
MODModine ManufacturingDiamond0.80%
AMATApplied MaterialsCore0.77%
ASMLASML HoldingCore0.77%
CDNSCadence Design SystemsCore0.77%
KLACKLA CorporationCore0.77%
SNPSSynopsysCore0.77%
AMTAmerican TowerCore0.76%
WULFTeraWulf Inc.Diamond0.75%
TSEMTower Semiconductor Ltd.Diamond0.75%
MPWRMonolithic Power SystemsDiamond0.70%
POWIPower IntegrationsDiamond0.70%
RMBSRambus Inc.Diamond0.70%
IRMIron MountainCore0.66%
MRVLMarvell TechnologyCore0.55%
PWRQuanta ServicesDiamond0.55%