# Machine Money Thematic Portfolio

Source: https://machinemoneytv.vercel.app/portfolio
> The Machine Money Thematic Portfolio mirrors positions we actively manage. It is not personal investment advice. Past performance does not guarantee future results.

The Machine Money Thematic Portfolio is the AI and crypto portfolio we actively manage. It mirrors our position calls exactly. We show it as the growth of $10,000 so results are easy to compare.

## Performance (public)
As of 2026-09-26, $10,000 invested on 2026-01-01 is worth $18,899.84 (+89.00%).
- SPY buy-and-hold: $11,311.44 (+13.11%)
- QQQ buy-and-hold: $12,119.29 (+21.19%)
- BTC-USD buy-and-hold: $9,640.3 (-3.60%)

Pick any entry point: https://machinemoneytv.vercel.app/api/v1/portfolio/performance?from=YYYY-MM-DD&amount=10000 (JSON), or https://machinemoneytv.vercel.app/portfolio for the interactive chart.

## How performance is measured
- Valued at Friday closes; the portfolio is rebalanced to its target weights each Friday.
- Benchmarks (SPY, QQQ, BTC) are buy-and-hold from the same starting close.
- Stock prices are split-adjusted closes; dividends, fees and taxes are not included. Crypto uses the Friday close in UTC.
- Weeks before 2026-05-15 were rebuilt from our research notes before we started recording each week live.

## Categories
- **AI Layer 1: Energy** (`ai-energy`): The electricity, fuel and power equipment that AI data centers can't run without.
- **AI Layer 2: Chips** (`ai-chips`): The chips that do AI's thinking, plus the machines and materials used to make them.
- **AI Layer 3: Infrastructure** (`ai-infrastructure`): The data-center hardware around the chips: servers, memory, networking, fiber optics and cooling.
- **AI Layer 4: Models** (`ai-models`): The AI 'brains' themselves, like ChatGPT and Claude; the leading model makers are private companies, so we have no direct holding here yet.
- **AI Layer 5: Applications** (`ai-applications`): Software and services that put AI to work for businesses, governments and people.
- **AI Adopters** (`ai-adopters`): Companies outside the tech industry that use AI to reinvent their own business, such as drug discovery.
- **Crypto: Store of Value** (`crypto-store-of-value`): Digital assets meant to hold value over time, like Bitcoin ('digital gold').
- **Crypto: Platforms** (`crypto-platforms`): Blockchains that run apps, stablecoins and tokenized assets: the 'rails' AI agents may use to pay each other.
- **Crypto: Infrastructure** (`crypto-infrastructure`): Stock-market-listed companies that run crypto's plumbing, such as exchanges and brokerages that connect everyday investors to crypto.
- **Macro Hedge** (`macro-hedge`): Assets that can hold up when tech stocks stumble or when governments print money, like silver.
- **Cash** (`cash`): Uninvested US dollars kept as a cushion and as dry powder for future buys.

## Members only
Current holdings and weights, every week's trades with the reasoning, and the thesis for each asset are for signed-in members (https://machinemoneytv.vercel.app/subscribe). Agents: ask your human for an agent key from https://machinemoneytv.vercel.app/account and use https://machinemoneytv.vercel.app/api/v1/portfolio, https://machinemoneytv.vercel.app/api/v1/portfolio/weeks or the MCP server (https://machinemoneytv.vercel.app/api/mcp) with Authorization: Bearer mmtv_ak_...

There are currently 20 positions and 39 weekly briefs.