JodieAnalytics
ClarityExploreWatchlistAlerts
Market
Clarity/
New cluster forming around $FHI

New cluster forming around $FHI

Stable
Theme thesis

$FHI matters if cyclical participation keeps spreading beyond the first wave.

Use the confirmer and break level to decide if this setup is still worth your time.

StagePersistent
UpdatedLive
Breadth19%
Setup strength
24
Glance animation
Trade Read
Why it matters

$FHI matters if cyclical participation keeps spreading beyond the first wave.

What changed

FHI leadership persisted

What to watch

ZION is the clearest next confirmer and should tell us whether the move can broaden.

What breaks it

Cross-asset confirmation is still fragile, so spillover can stall before it becomes durable.

Latest Headlines
No symbol-linked headlines found in the current lookback window.
Headlines
No related headlines found

No recent headlines matched the theme's leader or member tickers in the current lookback window.

Who Is Leading
Names
Breadth
19%
How broad the move is
Leaders
1
Confirmers
0
Lagging
0
Leaders
Federated Hermes, Inc. (FHI)
-2.4%

FHI is following the broader theme move.

Confirmers
No live confirmer roster available.
Supporting Names
Ameris Bancorp (ABCB)
-1.9%
ABCB is following the broader theme move.
Arcosa, Inc. (ACA)
-4.3%
ACA is following the broader theme move.
Enact Holdings, Inc. (ACT)
+0.9%
ACT is following the broader theme move.
Assured Guaranty Ltd. (AGO)
-1.8%
AGO is following the broader theme move.
Ally Financial Inc. (ALLY)
-0.3%
ALLY is following the broader theme move.
Associated Banc-Corp (ASB)
-1.7%
ASB is following the broader theme move.
Atlantic Union Bankshares Corpo (AUB)
-1.4%
AUB is following the broader theme move.
AX (AX)
AX is acting as a bridge inside Banks - Regional, helping the move transmit beyond the core leadership group.
BANC (BANC)
BANC is acting as a bridge inside Banks - Regional, helping the move transmit beyond the core leadership group.
BANF (BANF)
BANF is acting as a bridge inside Banks - Regional, helping the move transmit beyond the core leadership group.
BBT (BBT)
BBT is acting as a bridge inside Banks - Regional, helping the move transmit beyond the core leadership group.
Not Yet Participating
AGO (AGO)
46%
Not participating yet
ALLY (ALLY)
41%
Not participating yet
ASB (ASB)
36%
Not participating yet
Sectors
What Is Confirming
Confirming Sectors
FHI
88% participation
88%
Watchlist Sectors
ABCB — Participation 64%
ACA — Participation 58%
ACT — Participation 52%
Absent Sectors
AGO — Still absent
ALLY — Still absent
ASB — Still absent
Live Names
12 names
Live Names
Rank
Symbol
Role
Signal
Score
Recent
Note
1
Federated Hermes, Inc. (FHI)
Leader
Live
n/a
-2.4%
FHI is following the broader theme move.
2
Ameris Bancorp (ABCB)
Participant
Live
n/a
-1.9%
ABCB is following the broader theme move.
3
Arcosa, Inc. (ACA)
Participant
Live
n/a
-4.3%
ACA is following the broader theme move.
4
Enact Holdings, Inc. (ACT)
Participant
Live
n/a
+0.9%
ACT is following the broader theme move.
5
Assured Guaranty Ltd. (AGO)
Participant
Live
n/a
-1.8%
AGO is following the broader theme move.
6
Ally Financial Inc. (ALLY)
Participant
Live
n/a
-0.3%
ALLY is following the broader theme move.
7
Associated Banc-Corp (ASB)
Participant
Live
n/a
-1.7%
ASB is following the broader theme move.
8
Atlantic Union Bankshares Corpo (AUB)
Participant
Live
n/a
-1.4%
AUB is following the broader theme move.
9
AX (AX)
Participant
Live
n/a
n/a
AX is acting as a bridge inside Banks - Regional, helping the move transmit beyond the core leadership group.
10
BANC (BANC)
Participant
Live
n/a
n/a
BANC is acting as a bridge inside Banks - Regional, helping the move transmit beyond the core leadership group.
11
BANF (BANF)
Participant
Live
n/a
n/a
BANF is acting as a bridge inside Banks - Regional, helping the move transmit beyond the core leadership group.
12
BBT (BBT)
Participant
Live
n/a
n/a
BBT is acting as a bridge inside Banks - Regional, helping the move transmit beyond the core leadership group.
Theme Stability
20 sessions
Stability
Theme stability

This view is meant to answer a simple question: is the theme holding together, broadening, narrowing, or still changing shape?

First seen2026-04-23
Last seen2026-04-27
Runs20
Days3
ReadStable
Label drift1 variants
2026-04-23
Broadening
99 names

Banks - Regional added 99 names and only removed 0

2026-04-24
Broadening
127 names

Banks - Regional added 127 names and only removed 0

2026-04-27
Held steady
0 names

Membership was unchanged from the prior session

Activation Evidence
Live
First wave leaders
1
Names that moved first.
Second wave confirmers
1
Follow-through names joining after the leader.
Net new members
1
New names added to the move.
Repeat rate
71%
How often the same names keep reappearing.
Confirmer speed
50%
How quickly confirmation showed up.
Path coherence
0%
How clean the activation path looks.
Sequence buildup
77%
Whether the move built in sequence.
Leader to confirmer
n/a
Median lead time from leader to confirmer.
Jodie Analytics

Live market intelligence for systematic traders and portfolio managers.

Product
ClarityExploreWatchlistAlertsAPI Access
Resources
MethodologyDocumentationPricingSupport
Company
AboutPrivacy PolicyTerms of ServiceContact
© 2026 Jodie Analytics. All rights reserved.Market data delayed 15 minutes