Weekly Ridindex Portfolio Update (05/23/2025)

Since Inception Performance: +1.9%

🧭 Ridindex Overview

🟢 Full transparency. You can view the current open book here: Ridindex

The Ridindex, our real-time model portfolio, remains net long. Thematically, we are concentrated in:

• Capital cycle plays across energy and industrial infrastructure

• AI and semiconductor stack with real earnings power, not hype

• Alternative beta including digital assets and precious metals

• Shorts in structurally impaired consumer tech and overowned software

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🏆 Top Contributors

• SPY US 08/15/25 P540 +63.8% — Core macro hedge paid off sharply into vol event (Article)

• CAVA GROUP INC (Short) +13.8% — Post-earnings unwind accelerated on weakening unit growth narrative (Article)

• ZOOMINFO (Short) +7.1% — Continued valuation compression as end-market demand fades (🔗 Article)

• VANECK JUNIOR GOLD MINERS (GDXJ) +10.2% — Miners caught a strong bid alongside spot (🔗 Article)

• ERO COPPER CORP +8.9% — Copper momentum continues on supply constraints (🔗 Article)

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💣 Largest Drawdowns

• FIRST SOLAR (FSLR) -11.3% — Under pressure amid policy noise; thesis intact (🔗 Article)

• FLEX LNG -7.4% — Shipping exposure retraced with softening spot rates (🔗 Article)

• TERADYNE INC -6.8% — Semi capex exposure derisked amid cycle uncertainty (🔗 Article)

• TEXAS INSTRUMENTS -6.5% — Mixed signals from broader chip sector; monitoring closely (🔗 Article)

• DUTCH BROS INC -7.9% — Weak comp trends and rising input costs pressuring margins (🔗 Article)

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🔍 Watchlist & Tactical Pipeline

We're actively monitoring the following themes for potential entry:

• Health access trades — focusing on enablers of patient throughput, coverage expansion, and payer efficiency

• Enterprise systems software — sticky platforms with pricing power, high retention, and scale advantages

• GLP-1-linked long/shorts — targeting margin compression, demand displacement, and novel delivery vectors

All are being tracked for actionable dislocations or confirming inflections.

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🧠 Final Notes

The Ridindex is built for real exposure, sized conviction, and flexible hedging.
No model, no simulation. just the positioning we believe in.
New trades are issued in real-time. Performance is tracked. Signals are transparent.

Next update in a week. Until then, stay sharp.

Disclaimer:
Ridire Research is an independent content and research publication affiliated with Ridire Capital Management, a private investment adviser. The materials published herein, including explicit labels such as “Buy,” “Sell,” “Hold,” “Long,” or “Short”, are for general informational and educational purposes only. These views represent the author’s opinion based on publicly available information, internal research frameworks, and market analysis at the time of writing. They are not tailored to the specific investment objectives, financial situation, or risk tolerance of any individual investor.

Ridire Capital Management, its affiliates, and/or employees may hold, trade, or modify positions, long or short, in the securities mentioned, with no obligation to update disclosures or inform readers of changes. Any trade or allocation referenced should be viewed strictly in the context of a model portfolio and not as a solicitation or offer to buy or sell any security.

While all efforts are made to ensure factual accuracy and analytical rigor, no representation or warranty is made regarding the completeness, accuracy, or reliability of the information provided. Readers are urged to perform their own due diligence or consult with a licensed financial advisor before making any investment decisions. Past performance is not indicative of future results. Investing involves risk, including the risk of loss.