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Early or late? Ten seconds.

How crowded is JVMAX?

Not an opinion, a read of the evidence. We rank all 10,000+ funds that must disclose their trades by how their disclosed buys performed, follow only the specialists, and place every name on the conviction curve: early, well positioned, or late.

Early or late? Ten seconds.

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JVMAXFUND X-RAY · HOW CROWDED IS THIS FUND?

24% of the fund by weight sits in late-stage names

44% Consensus · 18% Early Conviction · 15% Fading · 9% Crowded · 5% Emerging · 9% not covered

The crowded weight: FTI 1.7% · AZO 1.5% · ODFL 1.2% · ALLE 1.2% · TXT 1.2% …

24% of the fund by weight sits in late-stage names (Crowded or Fading). This read covers 91% of the book; the rest sits outside our US equity coverage (cash, bonds, non-US names).

Watch this fund and we'll tell you when it crosses 50% crowded.

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How the read works · The live record vs the S&P 500 · Every past call, timestamped

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