The ADP Phoenix Forty-Four group of stocks has been chugging along and making decent progress as we finish 17 weeks of tracking. The portfolio is up 12.82% cumulatively since May 23rd, and this number accounts for minor adjustments in the holdings plus reweighting to maintain parity among the 44 positions. See graph below for trajectory and let’s keep on trucking!
Rubius (RUBY) $62M
Curis (CRIS) $83M
Axcella (AXLA) $97M
Puma Biotech (PBYI) $116M
Jounce (JNCE) $160M
Viant (DSP) $276M
1stdibs.Com (DIBS) $279M
Vaxart (VXRT) $349M
Ranpak (PACK) $413M
Materialise (MTLS) $676M
Altimmune (ALT) $705M
fuboTV (FUBO) $928M
PubMatic (PUBM) $953M
Perion (PERI) $973M
Magnite (MGNI) $1B
DocGo (DCGO) $1B
Proto Labs (PRLB) $1.1B
Veru (VERU) $1.2B
Digi (DGII) $1.2B
Nextdoor (KIND) $1.4B
LiveRamp (RAMP) $1.4B
Celldex (CLDX) $1.4B
Xperi (XPER) $1.5B
Digital Turbine (APPS) $1.8B
Upstart (UPST) $2.1B
Ballard (BLDP) $2.2B
Novavax (NVAX) $2.6B
Opendoor (OPEN) $2.6B
StoneCo (STNE) $3B
DigitalOcean (DOCN) $4.3B
Marqeta (MQ) $4.3B
SunPower (SPWR) $4.6B
DoubleVerify (DV) $4.7B
Bloom Energy (BE) $5B
New York Times (NYT) $5.1B
Ginkgo Bioworks (DNA) $5.9B
Doximity (DOCS) $6.3B
Exact Sciences (EXAS) $7.2B
UiPath (PATH) $8.3B
Zillow (ZG) $8.6B
Roku (ROKU) $10.2B
NRG Energy (NRG) $10.6B
First Solar (FSLR) $14.1B
Skyworks (SWKS) $16.1B
“A word to the wise is infuriating.” –Hunter Thompson