Model Portfolio Updates

It's time to update our IPO Candy Model Portfolio. Our first pass is to add some new names and also eliminate a couple that no longer meet our investment criteria.

Adding: SDGR, FVRR, ARLO, WORK, LVGO, CHWY, SWAV, FREQ

Removing: GSKY, SPOT, PS, FNKO

Here is more about the additions:

Schrodinger (SDGR) - This is one of the most interesting companies we've seen coming public in years. Part of it is their unique technology, another is their multi-faceted business model to monetize innovations in new drugs and new materials. We expect some parts of the business . . .