Tom Lee's Fundstrat Capital Announces February 2026 Rebalance for Granny Shots Large Cap ETFs
Rhea-AI Summary
Fundstrat Granny Shots (NYSE: GRNI) announced completion of its February 2026 quarterly rebalance across the Granny Shots large-cap suite. GRNY held $4.1B AUM as of Feb 20, 2026. The rebalance added 9 names and removed 8, shifting sector weights to IT 25% and Industrials 20%. GRNI pairs GRNY equity holdings with an actively managed options overlay to pursue monthly distributions.
Positive
- GRNY AUM $4.1B as of Feb 20, 2026
- GRNJ reached ~$390M AUM within first three months
- Rebalance executed with 9 additions and 8 deletions
- Post-rebalance sector weights: Information Technology 25% and Industrials 20%
Negative
- GRNI monthly distributions are not guaranteed
- Fundstrat total AUM $4.6B concentrated in Granny Shots suite
News Market Reaction – GRNI
On the day this news was published, GRNI declined 1.44%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 28 | Monthly distribution | Positive | +0.2% | Announced monthly GRNI distribution with detailed ex-date and payment schedule. |
| Jan 12 | AUM growth update | Positive | +0.6% | Reported rapid AUM growth across Granny Shots ETFs including GRNI and GRNJ. |
| Dec 19 | Initial distribution | Positive | +1.9% | Announced first GRNI monthly distribution shortly after ETF launch. |
Recent GRNI news on distributions and ETF family growth has coincided with modest positive single-day moves.
Over the past few months, GRNI updates have focused on monthly income distributions and the rapid asset growth of the broader Granny Shots ETF suite. On Dec 19, 2025 and Jan 28, 2026, GRNI declared distributions with small positive price reactions. A growth update on Jan 12, 2026 also saw a mild gain. Today’s rebalance and AUM milestones for GRNY and the ETF suite extend this theme of scaling assets and refining portfolio positioning.
Market Pulse Summary
This announcement details a February 2026 rebalance for the Granny Shots strategy and highlights GRNY’s scale at more than $4.1 billion in AUM within a suite totaling over $4.6 billion. The changes span 9 additions and 8 deletions, with sector weights like 25% in Information Technology and 20% in Industrials. Investors may watch future AUM growth, distribution history in GRNI, and subsequent rebalance decisions to assess how the framework responds to evolving macro themes.
Key Terms
options overlay financial
exchange-traded fund financial
assets under management financial
AI-generated analysis. Not financial advice.
GRNY remains one of the fastest-growing actively managed large-cap equity ETF launches with more than
Fundstrat Granny Shots US Large Cap & Income (NYSE: GRNI) pairs the thematic equity holdings of the flagship Granny Shots ETF GRNY with an actively managed income overlay.
"We are executing this rebalance to dynamically adapt Granny Shots to changing market conditions, style and seasonality regime shifts, and also fundamental changes. This allows us to best position our portfolio to perform in the months and years ahead," said Thomas "Tom" Lee, Chief Investment Officer of Fundstrat Capital. "For this particular rebalance, our macro, quantitative and fundamental analysis resulted in a sizable number of changes, with 9 additions and 8 deletions. Our evidence-based research suggests that the 2026 macro backdrop points to a challenging but ultimately positive year for equities. Hence, our portfolio is focused on quality cyclical and value quality."
The Granny Shots investment strategy combines Fundstrat's top-down macroeconomic research with bottom-up quantitative screening. To qualify for the portfolio, a security must appear in at least two of Fundstrat's seven fundamental investment themes, targeting positions supported by multiple potential tailwinds.
The seven themes driving the February 2026 selection include three shorter-term themes: Style Tilt, Seasonality, and PMI Recovery, alongside four longer-term themes: Millennials, Global Labor Supply, Energy & Cybersecurity, and Easing Financial Conditions.
February 2026 Rebalance & Sector Summary
Following the quarterly rebalance, the updated holdings are as follows:
- Additions: AMGN (Amgen), APD (Air Products & Chemicals), CVX (Chevron), NOC (Northrop Grumman), OKE (ONEOK), PKG (Packaging Corp of America), PPG (PPG Industries), TPL (Texas Pacific Land), UNP (Union Pacific).
- Removals: AXON (Axon Enterprise), CRWD (CrowdStrike), EMR (Emerson Electric), EXPE (Expedia), LRCX (Lam Research), PANW (Palo Alto Networks), SOFI (SoFi Technologies), SPGI (S&P Global).
Following the rebalance, the largest sector allocations include: Information Technology (
Granny Shots Income ETF (NYSE: GRNI): Flagship GRNY Equity Holdings Paired with a Monthly Distribution Overlay
For investors seeking thematic exposure with an income component, Fundstrat recently launched the Fundstrat Granny Shots US Large Cap & Income ETF (NYSE: GRNI). GRNI holds the same core equity positions as GRNY while employing an actively managed options overlay designed to generate a monthly income distribution.
Why Investors Are Allocating to the Granny Shots Strategy
Since its Nov. 7, 2024, inception, GRNY has reached more than
The Granny Shots ETF suite, including GRNY, GRNI, and the Fundstrat Granny Shots US Small- & Mid-Cap ETF (NYSE: GRNJ), provides investors with a research-driven toolkit across market capitalizations and income preferences. GRNJ reached approximately
To learn more about the Granny Shots strategy and the full suite of ETFs, visit grannyshots.com.
Frequently Asked Questions
What is the Granny Shots ETF (GRNY)?
The Fundstrat Granny Shots US Large Cap ETF (NYSE: GRNY) is an actively managed exchange-traded fund that uses Fundstrat's proprietary thematic investment framework to identify large-cap
How does the Granny Shots strategy select stocks?
A security must appear in at least two of Fundstrat's seven investment themes to qualify for the portfolio. This dual signal methodology combines top-down macro research with bottom-up quantitative screening. The portfolio is equally weighted and rebalanced quarterly.
What is the difference between GRNY and GRNI?
GRNY provides pure thematic equity exposure. GRNI holds the same core equity positions as GRNY but adds an actively managed options overlay designed to generate monthly income distributions. Distributions are not guaranteed.
What is the total AUM of Fundstrat Capital?
As of Feb. 20, 2026, Fundstrat Capital manages over
¹ Source: Morningstar and FactSet as of Jan. 9, 2026; data includes all actively managed
About Fundstrat Capital
Fundstrat Capital is an investment management firm led by Chief Investment Officer Thomas "Tom" Lee, specializing in thematic, research-driven equity strategies. The firm applies in-depth macroeconomic, industry, and market trend analysis to develop actively managed investment solutions for a broad range of investors. Tom Lee is widely recognized for his market research, macro commentary, and pioneering work in thematic investing across equities and digital assets.
To learn more, visit fundstratcapital.com.
GRNY Holdings and Performance: grannyshots.com/grny
GRNJ Holdings and Performance: grannyshots.com/grnj
GRNI Holdings and Performance: grannyshots.com/grni
Follow Fundstrat Capital
X: @FundstratCap
X: @fundstrat
LinkedIn: Fundstrat Capital
YouTube: @FundstratCapital
Subscribe for Updates
To receive weekly market updates and commentary from Thomas "Tom" Lee and Fundstrat Capital, visit grannyshots.com/sign-up.
Media Inquiries
Email: inquiry@fundstratcapital.com
Disclosures
Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV) and may trade at a discount or premium to NAV. Shares are not individually redeemable from the Fund and may only be acquired or redeemed from the fund in creation units. Brokerage commissions will reduce returns.
BEFORE INVESTING, YOU SHOULD CAREFULLY CONSIDER THE FUND'S INVESTMENT OBJECTIVES, RISKS, CHARGES, AND EXPENSES. THIS AND OTHER INFORMATION IS CONTAINED IN THE PROSPECTUS, WHICH CAN BE ACCESSED AT GRANNYSHOTS.COM/FUND-DOCUMENTS/ OR BY CALLING (212) 293-7132. PLEASE READ THE PROSPECTUS CAREFULLY BEFORE INVESTING.
Investing involves risk. Principal loss is possible.
The principal risks of investing in the Fund are summarized below. As with any investment, there is a risk that you could lose all or a portion of your investment in the Fund. Some or all of these risks may adversely affect the Fund's net asset value per share ("NAV"), trading price, yield, total return, and/or ability to meet its investment objective. For more information about the risks of investing in the Fund, see the section in the Fund's Prospectus titled "Additional Information About the Fund — Principal Risks of Investing in the Fund."
Distribution Risk. The Fund intends to distribute income on a monthly basis. There is no assurance that the Fund will make a distribution in any given month. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.
NAV Decline Risk Due to Distributions. When the Fund makes a distribution, the Fund's NAV will typically drop by the amount of the distribution on the related ex-dividend date. The repeated payment of distributions by the Fund, if any, may result in a decline in the Fund's NAV and trading price over time. As a result, an investor may suffer losses to their investment.
Equity Market Risk. Common stocks are generally exposed to greater risk than other types of securities, such as preferred stock and debt obligations, because common stockholders generally have inferior rights to receive payment from specific issuers.
Models and Data Risk. The composition of the Fund's portfolio is heavily dependent on investment models developed by the Sub-Adviser as well as information and data supplied by third parties ("Models and Data"). When Models and Data prove to be incorrect or incomplete, any decisions made in reliance thereon may lead to the inclusion or exclusion of securities from the Fund's portfolio that would have been excluded or included had the Models and Data been correct and complete.
Operational Risk. The Fund is subject to risks arising from various operational factors, including, but not limited to, human error, processing and communication errors of the Fund's service providers, counter parties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund relies on third-parties for a range of services, including custody.
New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.
Large-Capitalization Investing. The securities of large-capitalization companies may be relatively mature compared to smaller companies and therefore subject to slower growth during times of economic expansion. Large-capitalization companies may also be unable to respond quickly to new competitive challenges, such as changes in technology and consumer tastes.
Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund's investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund's other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.
Distributed by Foreside Fund Services, LLC. Foreside is not related to Tidal or Fundstrat.
View original content to download multimedia:https://www.prnewswire.com/news-releases/tom-lees-fundstrat-capital-announces-february-2026-rebalance-for-granny-shots-large-cap-etfs-302694222.html
SOURCE Fundstrat Capital
FAQ
What did Fundstrat announce in the February 23, 2026 rebalance for GRNY (GRNI)?
How much AUM does GRNY (GRNI) have after the February 2026 rebalance?
What is the difference between GRNY and GRNI after the February 2026 update?
Which notable stocks were added to GRNY in the February 2026 rebalance?
What are the largest sector allocations in GRNY after the February 2026 rebalance?
