Skip to main content
← All Portfolios
Enhanced Manager Strategy

Tepper Tactical

Built around one of the most legendary investors alive, enhanced with tactical risk management.

Today's Portfolio Return
18.1%
CAGR
+7%
Alpha
0.63
Sharpe
1.12
Sortino
-60.7%
Max Drawdown
1.31
Beta

Growth of $10,000

Data through April 23, 2026•Log scale

Tepper Tactical
S&P 500
Final Value
$663,284.5
Tepper Tactical
S&P 500 Value
$88,285.96
Benchmark
Outperformance
+651.3%
vs Benchmark
$10k$20k$50k$100k$200k$500k2001200520092013201820222026
Year

Year-by-Year Returns

Data through April 23, 2026

Annual returns vs S&P 500 TR. Green beats the benchmark, red trails it.

Tepper Tactical
S&P 500 TR
14
Years Beat Benchmark
11
Years Trailed
56%
Win Rate
About these numbers: Advising Alpha is a publisher, not a Registered Investment Adviser. We can't publish audited live returns the way mutual funds and hedge funds do, but we can share rigorous backtests of our methodology. Backtested performance is hypothetical, doesn't include trading costs, and past patterns don't guarantee future results. Read the full methodology disclosure →
Portfolio Normality Indicator

Loading...

Returns by Rebalance Period

Each row is a distinct holdings window. The current window is live and updates daily; historical windows are finalized once the next rebalance takes effect.

PeriodDatesDaysPortfolioS&P 500 TRAlpha
Current (from Q1 2026)Live
Feb 18, 2026 → May 6, 202677+2.7%+5.8%-3.1%

Key Characteristics

  • •Built around one of the most legendary investors alive
  • •Enhanced with tactical stop-loss management to protect gains
  • •Concentrated exposure to a proven guru's best ideas
  • •Highest return potential across our lineup
  • •Quarterly review with tactical risk management

Rebalance Schedule

Coming Soon
Last: Feb 18, 2026(79d ago)
Next: May 20–25, 2026(12d)

Tepper Tactical rebalances four times a year, on the 20th to 25th of February, May, August, and November — anchored to the SEC 13F filing cycle so we can act on the latest institutional disclosures. Pro members get the trade list by email the moment we publish.

Sector Posture

Tepper Tacticalvs S&P 500

Tepper Tactical
Offense 76%
Def 8%
Ind 16%
100%
S&P 500
Offense 63%
Def 21%
Ind 16%
100%
Offense +13.0pp
Defense -13.0pp
Independents +0.0pp
Aggressive offensive lean — overweight the growth-and-expansion sectors.

Sector weights as of 2026-05-04. Posture is one of several lenses we use to read a portfolio — never used in isolation.

Current Holdings

Checking access...

Full sector breakdown

Checking access...

Why we own these

Checking access...

The trophy room. Yes, this is cherry-picked. That is the point. The full record, including the picks that did not work, is on the Track Record page.

The Wins

Tepper Tactical Hall of Fame

The 10 biggest closed-position wins from this portfolio. Total returns include dividends, verified against YCharts.

1
BCBrunswick Corp
+401%
Feb 2009 → Nov 2010Held 1 yr 9 moCrisis recovery buy
2
NVDANVIDIA Corp
+386%
May 2023 → Nov 2024Held 1 yr 6 moAI cycle
3
ETEnergy Transfer LP
+346%
Aug 2020 → Feb 2026Held 5 yr 6 moCyclical patience
4
ODPODP Corporation (The)
+303%
Feb 2009 → Feb 2010Held 1 yrCrisis recovery buy
5
CNXCNX Resources Corp
+284%
Feb 2004 → May 2006Held 2 yr 3 moEnergy cyclical
6
DALDelta Air Lines Inc
+236%
May 2012 → Aug 2016Held 4 yr 3 moIndustry consolidation play
7
UALUnited Airlines Holdings Inc
+227%
Feb 2010 → Feb 2016Held 6 yrIndustry consolidation play
8
OXYOccidental Petroleum Corp
+181%
Feb 2021 → Nov 2022Held 1 yr 9 moEnergy cyclical
9
MUMicron Technology, Inc
+176%
Feb 2017 → Nov 2022Held 5 yr 9 moMemory cycle
10
LTCLTC Properties, Inc
+173%
May 2001 → Aug 2003Held 2 yr 3 moREIT income

These are closed positions ranked by total return percentage (price + dividends). Past performance does not guarantee future results.