QSCW Balanced Research Letter

Sample Issue

Retrospective sample format for a standardized biweekly systematic U.S. small-cap idea feed.

Reference snapshot: February 2, 2026. This page shows the publication structure, not current model output.

Format standardized issue
Equity output 15 names
Schedule biweekly
Use case external screening layer

Sample Issue — retrospective illustration. This is not a live research issue and does not show current model output. The model snapshot shown below uses a historical Portfolio123 simulation rebalance dated February 2, 2026. It is provided only to illustrate the standardized publication format, cadence, and level of detail. QSCW Balanced is an impersonal research publication; it does not provide personalized investment advice, fiduciary services, suitability review, account-specific sizing, trade instructions, or implementation guidance.

What this publication is

A standardized small-cap screening publication

The purpose is to show the exact output format before a reader evaluates the live 3-issue sample sequence.

QSCW Balanced is a standardized biweekly research publication built around a systematic U.S. small-cap model. Each live issue provides the same model output to all subscribers: a 15-name equity list, changes from the prior issue, defensive allocation status, and brief model-level commentary.

The publication is intended as an external screening layer for professional investors conducting their own research. It does not provide stock-specific recommendations, price targets, personalized advice, position sizing, implementation guidance, or discretionary narratives.

Sample snapshot

Reference date: February 2, 2026

Historical model-output example, shown to illustrate format only.

Equity output
15
model constituents
New entries
4
since prior issue
Continuing positions
11
model holds
Sector mix
9 / 6
Healthcare / Cons. Non-Cyclicals
Sample equity model output

15-name model-output table

Ticker, company name, sector, status, and market capitalization are shown from the historical Portfolio123 holdings export and ticker reference data. Rows are sorted to match the historical snapshot.

# Ticker / company Sector Mkt Cap Status Model note
01
NATR
Nature's Sunshine Products, Inc.
Healthcare $441M Hold 238 days held
02
AVAH
Aveanna Healthcare Holdings Inc.
Healthcare $1.75B Hold 84 days held
03
VMD
Viemed Healthcare, Inc.
Healthcare $292M Hold 182 days held
04
INNV
InnovAge Holding Corp.
Healthcare $751M Hold 70 days held
05
INFU
InfuSystem Holdings, Inc.
Healthcare $169M Hold 13 days held
06
IRMD
IRadimed Corporation
Healthcare $1.25B Hold 98 days held
07
TILE
Interface, Inc.
Consumer Non-Cyclicals $1.84B Hold 42 days held
08
KRMD
KORU Medical Systems, Inc.
Healthcare $249M New added this rebalance
09
MDXG
MiMedx Group, Inc.
Healthcare $751M Hold 13 days held
10
PAHC
Phibro Animal Health Corporation
Healthcare $1.62B Hold 42 days held
11
PSMT
PriceSmart, Inc.
Consumer Non-Cyclicals $4.38B Hold 28 days held
12
MZTI
The Marzetti Company
Consumer Non-Cyclicals $4.72B New added this rebalance
13
JBSS
John B. Sanfilippo & Son, Inc.
Consumer Non-Cyclicals $942M New added this rebalance
14
LWAY
Lifeway Foods, Inc.
Consumer Non-Cyclicals $335M Hold 42 days held
15
LGCY
Legacy Education Inc.
Consumer Non-Cyclicals $127M New added this rebalance
Model status means: New = added since the prior issue; Hold = continued from the prior issue. Exits are shown separately in the Changes Log below. No rank scores, factor weights, price targets, recommended entry prices, or account-specific sizing guidance are disclosed.
Changes log

Entries and exits since the prior issue

Shown as an audit trail of model-output changes, not as buy/sell instructions.

New entries

KRMDMZTIJBSSLGCY

These names entered the 15-name model output at the February 2, 2026 rebalance.

Removed since prior issue

GHCGRDNAVOAMRX

These tickers appeared in the historical transaction log as removed at the rebalance. This is not a sell recommendation or implementation instruction.

Model-level notes

Composition and turnover observations

Composition

  • Healthcare9 names
  • Consumer Non-Cyclicals6 names
  • Other sectors0 names

Turnover

This sample rebalance includes 4 new entries and 4 removals from the prior issue. Live issues should show entries and removals since the prior publication while keeping proprietary factor weights, rank scores, and volatility thresholds undisclosed.

Design choice: this sample issue does not include macro commentary or individual company theses. The publication is designed as a model-output and screening layer, not as a discretionary market letter or stock-picking narrative.
Live sample sequence

How a reader would evaluate the publication

Step 01
Sample
retrospective format preview
Step 02
3
live biweekly issues over six weeks
Step 03
Review
reader evaluates usefulness internally
Step 04
Access
quarterly publication access if relevant