Coverage Universe
The names supplying the power, data, connectivity, and launch capacity the buildout depends on. Brightness marks how far coverage has advanced.

One place to look

The fund covers a single thing: the physical-layer buildout that AI demand requires. Compute needs power, power needs grid, and the whole system needs to move data. A name earns a place here only if it supplies the power, data, connectivity, or launch capacity that buildout depends on.

The screen that matters is not whether a name is infrastructure. Nearly everything here is. It is whether the name would still earn its revenue if a hyperscaler cut next year's spending tomorrow.

Inclusion is coverage-universe membership, not a rating or a position. Coverage advances by conviction and by turn in the queue, never by size alone.
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Help pick the next report.

Readers nominate the names they want covered. The most-requested ticker moves to the top of the research queue, and comes off the board the day its report publishes.

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