16 names are moving together; 81% are participating in the current session.
Observed member paths adjusted against SPY. Shading marks the latest observation window.
| TICKER | Company | Sector | Today | Observed activity |
|---|---|---|---|---|
| FIX | Comfort Systems USA, Inc. | Industrials | -2.1% | 1/1 observed active sessions |
| ECG | Everus Construction Group, Inc. | Industrials | +0.3% | Group member |
| PWR | Quanta Services, Inc. | Industrials | -1.8% | 1/1 observed active sessions |
| COHR | Coherent Corp. | Technology | -3.7% | 1/1 observed active sessions |
| VRT | Vertiv Holdings, LLC | Industrials | +0.3% | Group member |
| TTMI | TTM Technologies, Inc. | Technology | +1.3% | Group member |
| SEI | Solaris Energy Infrastructure, | Energy | -3.5% | Group member |
| MYRG | MYR Group, Inc. | Industrials | -1.1% | Group member |
| MTZ | MasTec, Inc. | Industrials | -2.0% | Group member |
| TSEM | Tower Semiconductor Ltd. | Technology | -1.9% | Group member |
| FN | Fabrinet | Technology | +0.9% | Group member |
| LITE | Lumentum Holdings Inc. | Technology | -7.7% | 1/1 observed active sessions |
| BE | Bloom Energy Corporation | Industrials | -1.6% | Group member |
| ADEA | Adeia Inc. | Technology | -1.0% | Group member |
| DY | Dycom Industries, Inc. | Industrials | +2.4% | 1/1 observed active sessions |
| NVTS | Navitas Semiconductor Corporati | Technology | +1.4% | Group member |
Cohort
16 namesParticipation
81% this sessionObserved history
3 daily buildsFiling coverage
15/16 memberscredit / rates affecting interest expense
“Consolidated Interest Coverage Ratio is the ratio of (i) Consolidated EBIT (as defined in the credit agreement) for the four fiscal quarters most recently ended to (ii) Consolidated Interest Expense (as defined in the credit agreement) for such period (excluding all interest expense attributable to capitalized loan costs and the amount of fees paid in connection with the issuance of letters of credit on behalf of Quanta during such period).”
PWR 10-K
demand / volume
“In particular, we continue to experience strong demand from our utility customers, which we believe is driven by increasing demand for electricity associated with, among other things, data centers and other technology-related dynamics, domestic manufacturing reshoring initiatives and overall electrification trends.”
PWR 10-K
demand / volume affecting revenue
“A portion of our revenue is dependent on sales by our customers that are outside our control and that could be negatively affected by a variety of factors, including global, regional and/or country-specific economic conditions and/or public health concerns, outbreaks or pandemics, country-specific natural disasters, hostilities, or armed conflicts impacting licensee manufacturing and sales, demand and buying patterns of end users, which are often driven by increasingly rapid replacement and innovation cycles, the service life of products incorporating our technologies, competition for our customers’ products, trade regulations and the imposition of tariffs, supply chain disruptions, and any decline in the sale prices our customers receive for their covered products and services.”
ADEA 10-K
This identity theme becomes less useful if activity narrows to one or two names instead of remaining broad across the cohort.
COHRcustomer · Not moving with the group now
Filing receipt · NVDA / COHR
“The increase was primarily due to the $2 billion in proceeds from the issuance of Common Stock to NVIDIA, net of fees, partially offset by higher payments, net of borrow…”
COHR · customer
ADEAcustomer · Not moving with the group now
Filing receipt · AMZN / ADEA
“The increase of $57.4 million was primarily attributable to the execution a new long-term license agreement with Disney in the fourth quarter of 2025, partially offset b…”
ADEA · customer
DYcompetitor · Not moving with the group now
Filing receipt · PRIM / DY
“For example, competitors in our utilities markets include Quanta Services, Inc., Dycom Industries, MYR Group, and MasTec, Inc.; competitors in our industrial markets inc…”
DY · competitor
LITEtext peer · Not moving with the group now
No filing excerpt is available for this relationship.
FNsupplier · Not moving with the group now
Filing receipt · OUST / FN
“However, we believe that because of the simplicity of our digital lidar technology, the increasing capabilities of our software solutions, and efficiencies created by ou…”
FN · supplier