🧭 Ridindex Overview
🟢 Full transparency. You can view the current open book here: Ridindex
The Ridindex, our real-time model portfolio, remains net long. Thematically, we are concentrated in:
Capital cycle plays across energy and industrial infrastructure
AI and semiconductor stack with real earnings power, not hype
Alternative beta including digital assets and precious metals
Shorts in structurally impaired consumer tech and overowned software
🏆 Top Contributors
OKTA INC (OKTA, Short) +16.9% — Reversal resumed after brief squeeze; enterprise demand narrative fading (🔗 Article)
NVIDIA CORP (NVDA) +9.0% — AI leadership reaffirmed; capital rotation flows extend upside (🔗 Article)
RHEINMETALL AG (RHM GR) +8.6% — Defense trade reignited on escalating NATO procurement flows (🔗 Article)
MERCEDES-BENZ GROUP AG (MBG GR) +8.2% — Value rotation supports strong rebound in legacy auto exposure (🔗 Article)
DIGITAL ARTS INC (2326 JP) +7.9% — Domestic cyber stack spend gaining momentum (🔗 Article)
💣 Largest Drawdowns
SPY US 08/15/25 P540 (Put) −37.4% — Core macro hedge dragged by index resilience and vol crush (🔗 Article)
HESAI GROUP (HSAI) −12.5% — China lidar deceleration and capital structure concerns resurface (🔗 Article)
ROBLOX CORP (RBLX, Short) −11.3% — Bounce amid tech bid; fundamental bear case unchanged (🔗 Article)
BOX INC (BOX, Short) −10.6% — Technical rally post-earnings despite slowing growth (🔗 Article)
ZSCALER INC (ZS, Short) −8.7% — Earnings pop, monitoring. (🔗 Article)
🔍 Watchlist & Tactical Pipeline
We're actively monitoring the following themes for potential entry:
Digital finance infrastructure — Watching for entry into global payment rails, API banking enablers, and enterprise fintech platforms showing relative strength or dislocation. Select large-cap platforms may be added on tactical weakness.
GLP-1 knock-on effects — Tracking setups around demand displacement, delivery innovation, and cost rebasement. Still early innings in the margin and volume reallocation narrative.
Distressed energy rotation — Building exposure to undervalued or structurally mispriced energy and nat gas operators with torque to price normalization or operational inflection. Focus remains on asymmetry over headlines.
Connectivity & defense tech — Monitoring infrastructure software and security enablers showing consistent trend strength. Emphasis on scalable, mission-critical platforms.
All are being tracked for actionable dislocations or confirming inflections.
🧠 Final Notes
The Ridindex is built for real exposure, sized with conviction, and hedged with flexibility.
Trades are issued in real time. Performance is tracked. Signals are fully transparent.
Next update drops in a week. Until then, stay sharp.
Disclaimer:
Ridire Research is an independent research publication operated by Ridire Research LLC and affiliated with a private fund, an Exempt Reporting Adviser under the U.S. Investment Advisers Act of 1940. Ridire Research is not registered as an investment adviser and does not provide personalized investment, legal, accounting, or tax advice.Informational & Educational Purpose Only
All materials—including text, charts, model portfolios, and explicit labels such as “Buy,” “Sell,” “Hold,” “Long,” or “Short”—are published solely for general informational and educational purposes. They reflect the author’s views at the time of writing, derived from publicly available data, proprietary frameworks, and market analysis, and are not tailored to any reader’s specific objectives, financial situation, or risk tolerance. Subscription to this Substack does not create an adviser–client relationship with the affiliated private fund or its principals.
No Offer or Solicitation
Nothing herein constitutes (i) an offer to sell or the solicitation of an offer to buy any security or other instrument, (ii) a recommendation to participate in any investment strategy, or (iii) a solicitation for investment advisory services. Any references to trades, allocations, or vehicles should be viewed as hypothetical model illustrations only. Offers, if ever made, will be made solely by confidential offering documents and only to qualified investors in jurisdictions where permitted.
Potential Conflicts of Interest
The affiliated private fund, its affiliates, employees, and related accounts may hold, increase, decrease, initiate, or exit positions, long or short, in securities or digital assets discussed, without notice or obligation to update disclosures. Such positions may be inconsistent with views expressed in this publication. The affiliated private fund, related entities, and personnel may initiate, modify, or exit positions in any mentioned security before or after publication without further notice. We maintain internal policies, including trading blackout windows and conflict reviews, to mitigate potential conflicts of interest.
Accuracy & Forward-Looking Statements
Although we strive for accuracy and analytical rigor, information may become outdated and may contain errors or omissions. Forward-looking statements, projections, or target prices are inherently uncertain and may differ materially from actual results. No warranty, express or implied, is given as to completeness, accuracy, or reliability.
Risk Acknowledgment
Investing involves substantial risk, including the potential for complete loss of capital. Past performance, whether actual, indicated by back-tests, or modeled, is not indicative of future results. Securities, derivatives, and digital assets mentioned may be illiquid, highly volatile, or subject to regulatory change.
Reader Responsibility
Readers should conduct their own due diligence, consider their personal circumstances, and consult a licensed financial professional before acting on any information contained herein. By reading this publication you agree that Ridire Research LLC, the affiliated private fund, and their affiliates accept no liability for any direct or consequential loss arising from reliance on the information presented. This research is not directed at persons in jurisdictions where such distribution would be contrary to local law.