The Fund Grade · free · no account needed

What grade does TMDIX get?

Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.

B

Fundprints Fund Grade · as of 2026-09-01

AMG TimesSquare Mid Cap Growth Fund

#165 of 440 graded active funds · growth · mid segment peer group

The point · specialist footprint

TMDIX puts less of its book behind proven specialists than 74% of graded funds.

Bottom 20%

● Bottom 40%

Middle

Top 40%

Top 20%

beat the S&P in 22% of quarters+3.8 pts/qtr better · 43% beat rate

That has mattered: over the past 2.7 years, funds with this little specialist backing trailed top-rung funds by about 3.8 points per quarter and beat the S&P in only 22% of fund-quarters. If it also charges an active fee, the higher-graded alternatives deserve a look.

2,825 graded funds · 2.7 years of filings, measured as they were published · evidence, not advice

The grade scores this fund's specialist share — the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.

Conviction exposure

4.6%

of the book in specialist-converged names

Late-stage weight

31.6%

of the book in Crowded or Fading names

Active share

95.3%

how far it strays from the index

The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.

Inside the book — top names by stage · as of 2026-09-09

Early Conviction
EME 3.7%AXON 2.1%VRT 1.4%+1 locked
Consensus
CRS 2.7%LNG 2.6%FIX 2.5%+23 locked
Emerging
INSM 2.3%CBRE 1.5%TPG 1.2%+4 locked
Crowded
MPWR 3.6%VEEV 1.7%PFGC 1.6%+12 locked
Fading
CW 2.7%IDXX 2.2%ORLY 2%+12 locked

We email you the day it crosses 50% crowded, and where you stand every month.

Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.

The read · what to do with it

TMDIX earns a B grade, ranking 165 of 440 graded funds, with specialist managers showing early conviction in EME and AXON while building a position in INSM. The concern is a 31.6% late-stage weight and five fading positions led by MPWR, CW, and IDXX, where specialists are quietly stepping back.

Watch MPWR at 3.6% and CW at 2.7%, where specialist exits signal those positions may have run their course.

Note the early positioning in EME and AXON as the clearest evidence of where the fund sees forward opportunity.

Support leaving these positions

MPWR 3.6% of the fund · Crowded

CW 2.7% of the fund · Fading

IDXX 2.2% of the fund · Fading

ORLY 2% of the fund · Fading

KRMN 1.9% of the fund · Fading

Where it's genuinely early

EME 3.7% of the fund · Early Conviction

INSM 2.3% of the fund · Emerging

AXON 2.1% of the fund · Early Conviction

Read from today's disclosed book. Evidence, not advice.

The evidence base updates this week.

The specialists — not the whales — are already positioned for what comes next. Stop finding out last.

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