Even Herd

EHLS is designed as a core equity holding that seeks to capture upside from top-performing stocks while using short positions to generate excess returns and hedge against broad-market downturns. It employs a proprietary, relative-momentum algorithm that rotates dynamically across sectors, market caps, and factor tilts rather than tracking a fixed benchmark. The fund aims to be indifferent to market timing, relying on individual stock-level divergences to perform across bull and bear environments.

Even Herd has not publicly disclosed the portfolio managers, analysts, or principals responsible for investment decisions. All available material attributes strategy execution to a proprietary algorithm that was first developed a decade ago and has been upgraded for current technological capabilities, but the individuals overseeing that process are not named.

Even Herd's sole known vehicle invests directly in individual equities on both the long and short sides. There is no indication the firm makes fund commitments, co-investments, or allocates to external managers. The firm's public materials only describe the EHLS ETF and its internal portfolio-construction process.