One move to get started. The rest can wait.

Not necessarily. The portfolios are model portfolios. They show you what we hold and how we weight it. What you do with that information is your call. Some members mirror the portfolios in their own investment account at full weight. Some pick the names they like best and skip the rest. Some use a single portfolio as a sleeve inside a larger plan. Some just read along to learn how institutional money moves. All of those are valid. Talk to your own advisor about what fits your situation, your tax setup, and your risk tolerance.

Every quarter, sometime between the 20th and 25th of February, May, August, and November, we publish a refreshed holdings list. The cadence aligns with the SEC 13F filing window so we’re working from current institutional data. When it happens, Pro members get an email with the exact trades. The Thursday Inside Edge also recaps the changes. The portfolio detail page updates, and the official growth chart re-baselines to the new rebalance.

Depends what you’re checking.

The Market Normality Indicator, the dashboard, and the Ideas page update overnight every weekday. Checking them daily makes sense if you want to know where current market conditions sit in historical context. Many members read the MNI when financial news has them spooked.

The portfolio holdings only change four times a year, at the quarterly rebalances. Daily checking the holdings themselves is unnecessary; the rhythm we built is the Sunday Edge on Sunday evening for free members, and the Inside Edge on Thursday morning for Pro. Those are designed to be the regular touch points. The rebalance alerts come when they come.

The portfolios were built to survive crashes. The backtests span 2001 through today, which includes the dot com bust, the 2008 financial crisis, the 2020 pandemic crash, and 2022. Max drawdowns are disclosed on every portfolio page so you know what the historical worst case looked like. When a crash actually starts, your job as a long term member is to remember that drawdowns are normal. The MNI page exists to remind you of that with 75 years of history. The portfolios will rebalance on schedule, the Sunday Edge will keep coming, and the market will do what it does.

Free members get every portfolio’s full performance record (growth charts, year by year returns, methodology, philosophy, backtest stats), the Market Normality Indicator, the weekly Sunday Edge, and every piece of research we publish. Pro members get the actual stock holdings for the diversified portfolios, the per holding investment thesis, rebalance trade alerts, the Inside Edge on Thursday mornings, the Ideas page, and full access to historical research. Pricing details and current promo offers are on the pricing page.

Pro comes with a 14 day money back guarantee. After that, you can cancel anytime from your account page. We’ll pause your subscription for 30 days rather than cancel if you’d rather come back later. When you’re done you’re done; nothing locks you in.

No. Advising Alpha is an investment publication. We publish educational research about how top-rated institutional managers are positioned, with full backtests. We don’t know your situation, your goals, your taxes, or your timeline, so we can’t tell you what to do with the information. That’s what an investment advisor is for. We publish under the publisher exemption (Section 202(a)(11)(D) of the Investment Advisers Act). Read the disclaimer page for the full framing.