Portfolio Sleeves
Sleeves are thematic groupings of instruments that let you organize your portfolio by investment thesis, sector, geography, or any other criteria.
What Is a Sleeve?
A sleeve is a named collection of instruments with assigned weights. Think of it as a sub-portfolio. For example:
- "Tech Growth" sleeve: AAPL 30%, MSFT 25%, GOOGL 25%, AMZN 20%
- "Defensive" sleeve: JNJ 40%, PG 30%, KO 30%
- "Macro Hedge" sleeve: GLD 50%, TLT 50%
Sleeve Metrics
| Metric | Description |
|---|---|
| Weighted PG Score | The weighted average PG Composite Score across all instruments in the sleeve |
| Total Weight | Sum of all instrument weights (should equal 100% for a fully allocated sleeve) |
| Instrument Count | Number of instruments in the sleeve |
Sleeve Snapshots
You can take snapshots of a sleeve at any point in time. Snapshots record the current scores, weights, and prices, allowing you to track how the sleeve's profile changes over time.
Use Cases
- Thesis testing: Create a sleeve for a specific investment thesis and track whether event-driven signals support or contradict it
- Risk bucketing: Separate high-risk and low-risk holdings into different sleeves for clearer risk management
- Rebalancing: Compare current sleeve weights against target weights to identify rebalancing needs