Main 10x Stock Portfolio — Fourth Week of April 2026 Update

Outlier Capital · Outlier Capital · April 26, 2026 at 18:01 · ⏱ 1 min read  | Read on Substack ↗
Summary
Outlier Capital provides a weekly update on a concentrated portfolio of 11 stocks targeting 10x returns. The author reports 8 positions in positive territory, with top performers SIVE (+176%) and POET (+139%), and adds two new positions (AMSC, HPS) while closing CIFR. The strategy emphasizes asymmetric risk-reward and conviction-driven holding through volatility.
  • •8 out of 11 positions are positive on an unrealized basis, with SIVE, POET, IQE, and LWLG as top gainers.
  • •New additions: AMSC and HPS after a 'Defense and Grid Supercycle' thesis; CIFR was closed and capital reallocated into HPS.
  • •Laggards include HIMS (-16.7%) and SMR (-9.9%), but the author remains committed to the portfolio thesis.
  • •The portfolio is conviction-driven; the author does not intend to trade short-term volatility unless fundamentals change.
Read time 1 min
Length 1,685 chars
Category finance
Ideas
Outlier Capital Substack author, Outlier Capital
HIMS is the biggest laggard but still held; the author maintains conviction in the underlying thesis.
HIMS HIGH
Outlier Capital Substack author, Outlier Capital
SMR is down but remains in the portfolio; no change in thesis mentioned.
SMR HIGH
Outlier Capital Substack author, Outlier Capital
IQE is a significant holding with strong gains, consistent with the author's focus on overlooked high-potential companies.
IQE HIGH
Outlier Capital Substack author, Outlier Capital
POET is a top performer in the portfolio, indicating the author sees continued upside in the company.
POET HIGH
Outlier Capital Substack author, Outlier Capital
LWLG is a positive position, part of the conviction-driven basket.
LWLG HIGH
Outlier Capital Substack author, Outlier Capital
USAR is a profitable holding, contributing to overall portfolio gains.
USAR HIGH
Outlier Capital Substack author, Outlier Capital
HPS was added as a new position, funded by closing CIFR, with a focus on defense/grid opportunities.
HPS HIGH
Outlier Capital Substack author, Outlier Capital
AMSC was added based on the defense and grid supercycle thesis, representing a new conviction position.
AMSC HIGH
Outlier Capital Substack author, Outlier Capital
SIVE is a high-conviction holding with strong unrealized gains, reflecting the author's asymmetric opportunity approach.
SIVE HIGH
Outlier Capital Substack author, Outlier Capital
SERV is a current laggard but still held as part of the conviction basket; the author is not trading around short-term volatility.
SERV HIGH
Outlier Capital Substack author, Outlier Capital
LUNR is a positive position in the portfolio.
LUNR HIGH
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This newsletter, published April 26, 2026, features Outlier Capital discussing HIMS, SMR, IQE, POET, LWLG, USAR, HPS, AMSC, SIVE, SERV, LUNR. 11 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Outlier Capital  · Tickers: HIMS, SMR, IQE, POET, LWLG, USAR, HPS, AMSC, SIVE, SERV, LUNR