Portfolio Overview
The Enterprise Automation Portfolio is designed to capture growth in business automation, including robotic process automation (RPA), AI-driven analytics, workflow software, and industrial automation. As of July 17, 2026, the portfolio holds 23 positions, with several showing strong momentum.
Top Performers
- Samsara Inc. (IOT) +19.38%: Benefiting from strong demand for IoT-based fleet and asset management solutions.
- Workday, Inc. (WDAY) +17.15%: Continued adoption of cloud-based HCM and financial management.
- UiPath, Inc. (PATH) +15.17%: RPA leader gaining from enterprise automation tailwinds.
- Asana, Inc. (ASAN) +9.86%: Work management platform seeing steady growth.
- Roper Technologies (ROP) +7.31%: Diversified industrial software and automation.
Underperformers
- ServiceTitan (TTAN) -4.64%: Pullback after recent IPO; fundamentals intact.
- NICE Ltd. (NICE) -2.08%: Slight weakness in customer engagement software.
- Alteryx (META) -1.63%: Data analytics platform facing near-term headwinds.
- Siemens AG (SIEGY) -1.39%: Industrial automation cyclicality.
- RoboGlobal (PLTR) -1.00%: Data analytics stock consolidating.
Positions Closed
We are closing four positions that have shown no price data since their inclusion: Blue Prism Group (PRZM), SymphonyAI (SAI), Hyperscience (HYPR), and Laserfiche (LFIC). These stocks may be delisted, not publicly traded, or have data feed issues, making them unmanageable. The proceeds will be redeployed into more liquid automation plays.
Theme and Outlook
The business automation theme remains robust, driven by AI integration, digital transformation, and cost optimization. We continue to favor companies with strong recurring revenue, high switching costs, and exposure to secular trends. Key catalysts include upcoming earnings from Samsara, Workday, and UiPath. We are monitoring interest rate sensitivity and valuation multiples.
Risk Considerations
Concentration risk in software and technology sectors. Portfolio is subject to market volatility, regulatory changes, and execution risks. Individual positions may experience liquidity issues. Diversification across sub-themes (RPA, IoT, HCM, analytics) helps mitigate idiosyncratic risk.
Disclaimer: This is not investment advice. Past performance does not guarantee future results. All investments carry risk, including loss of principal. Consult a financial advisor before making investment decisions.