Tom Lee-managed GRNY makes Strategy its top holding

Fundstrat Granny Shots US Large Cap ETF (GRNY), managed by Tom Lee, sharply increased its weighting in Strategy (MSTR) from mid-August, making MSTR the fund’s largest holding after it had been its smallest position about two weeks earlier, according to Wu Blockchain, citing Bloomberg ETF analyst Eric Balchunas. As of Sept. 3, MSTR accounted for 3.02% of GRNY, surpassing Robinhood at 2.99%, and Strategy’s share price has since risen about 46%.