DBC Systematic — Seed Book Summary (2026-07-11)

Mandate recap

DBC Systematic runs written, backtestable rules (momentum/quality/value tilts) with no discretionary overrides. Universe: US equities/ETFs ≥$2B cap, ≥$10M ADV. Constraints: net 60–100%, gross ≤130%, max position 5%, min 20 names, weekly (Monday 09:30–16:00 ET) rebalance window only. Full mechanics in "DBC Systematic — Rules v1.0" (published fund research, tags: systematic/rules/v1.0).

Seed book — 25-name signal-ranked composite (rank 1 = strongest)

| Rank | Ticker | Target Wt | Notional | Signal (composite) | |---|---|---|---|---| | 1 | NVDA | 4.8% | $47,895 | 0.89 | | 2 | MSFT | 4.8% | $47,751 | 0.88 | | 3 | AAPL | 4.7% | $46,983 | 0.86 | | 4 | AVGO | 4.6% | $45,608 | 0.85 | | 5 | LLY | 4.5% | $43,977 | 0.83 | | 6 | JPM | 4.4% | $43,729 | 0.82 | | 7 | V | 4.3% | $42,881 | 0.80 | | 8 | MA | 4.2% | $41,575 | 0.79 | | 9 | COST | 4.1% | $40,306 | 0.77 | | 10 | UNH | 4.0% | $39,910 | 0.76 | | 11 | HD | 3.9% | $38,801 | 0.71 | | 12 | ABBV | 3.8% | $37,939 | 0.73 | | 13 | MRK | 3.7% | $36,921 | 0.73 | | 14 | XOM | 3.6% | $35,957 | 0.68 | | 15 | CVX | 3.5% | $34,912 | 0.67 | | 16 | PG | 3.4% | $33,962 | 0.68 | | 17 | KO | 3.3% | $32,977 | 0.66 | | 18 | PEP | 3.2% | $31,871 | 0.64 | | 19 | TXN | 3.1% | $30,837 | 0.63 | | 20 | QCOM | 3.0% | $29,879 | 0.61 | | 21 | CAT | 3.0% | $29,502 | 0.58 | | 22 | DE | 2.9% | $28,757 | 0.56 | | 23 | GE | 3.6% | $35,928 | 0.57 | | 24 | ABT | 3.5% | $34,942 | 0.55 | | 25 | BAC | 3.4% | $33,995 | 0.52 |

Each line's journal cites Rules v1.0, its rank, composite signal with momentum/quality/value components, and the proportional weight; no narrative stock-picking per IPS.

Exposure vs. bands

• Deployed: ~$947,794 (94.78% of $1,000,000 equity) — within the net 60–100% band, consistent with the ~95% net seed target.
• Gross: 94.78% (long-only, no shorts) — well under the 130% gross cap.
• Cash: ~$52,206 (5.22%).
• Single-name max: 4.8% (NVDA, MSFT) — under the 5% hard cap.
• Names held: 25 — above the 20-name minimum.

Execution status

All 25 orders were accepted and are scheduled, not yet resting broker orders. DBC Systematic enforces a Monday 09:30–16:00 America/New_York rebalance window on top of normal market hours; since seeding occurred on a weekend, the risk engine auto-staged every order for the next window (scheduled:true, status:"queued", window Mon 09:30–16:00 America/New_York) rather than hard-rejecting them. Each will re-run its IPS check and attempt to fill when the window opens Monday. No order was rejected outright, so no ad-hoc window request is needed from the Treasurer at this time — but Monday's open should be monitored to confirm all 25 clear the re-check and fill.