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

Outlier Capital · Outlier Capital · May 03, 2026 at 12:45 · ⏱ 1 min read  | Read on Substack ↗
Summary
Outlier Capital's weekly update on the Main 10x Stock Portfolio shows strong performance, with 8 out of 10 positions positive. The top performer SIVE is up over 250%, while laggards SMR and HIMS are down. The author also details a partial close of POET to reallocate capital into IQE and AMSC, demonstrating active management within a conviction-driven basket.
  • •Portfolio snapshot: 8 of 10 positions are positive on an unrealized basis, with SIVE, LWLG, USAR, and IQE leading gains.
  • •Laggards: SMR (-8.49%) and HIMS (-25.30%) are the two negative positions but remain held due to conviction.
  • •Trade action: Closing out 70% of the POET position to reallocate into IQE, AMSC, and an undisclosed Small 100x Stocks Portfolio company.
  • •Author's stance: The portfolio is conviction-driven with a focus on asymmetric setups; short-term volatility is not a trigger for changes unless the thesis materially changes.
Read time 1 min
Length 1,620 chars
Category finance
Ideas
Outlier Capital Substack author, Outlier Capital
The author holds HIMS as the worst performer, but remains committed due to conviction in the long-term asymmetric setup.
HIMS HIGH
Outlier Capital Substack author, Outlier Capital
The author holds USAR as part of the 10x portfolio, with strong performance and upside potential.
USAR HIGH
Outlier Capital Substack author, Outlier Capital
The author holds AMSC, which is also being added to from the POET reallocation, signaling confidence in its upside.
AMSC HIGH
Outlier Capital Substack author, Outlier Capital
The author holds LUNR as a positive position in the portfolio, benefiting from asymmetric upside.
LUNR HIGH
Outlier Capital Substack author, Outlier Capital
The author holds IQE, which is also being added to by reallocating capital from POET, indicating strong conviction in its asymmetric potential.
IQE HIGH
Outlier Capital Substack author, Outlier Capital
The author holds SMR despite a near-term drawdown, maintaining conviction in the thesis.
SMR HIGH
Outlier Capital Substack author, Outlier Capital
The author holds HPS as a moderate performer in the conviction-driven basket.
HPS HIGH
Outlier Capital Substack author, Outlier Capital
The author holds SIVE as a top-performing position in a conviction-driven basket focused on asymmetric upside with strong fundamentals.
SIVE HIGH
Outlier Capital Substack author, Outlier Capital
The author holds SERV as a small positive position, part of the diversified long-term portfolio.
SERV HIGH
Outlier Capital Substack author, Outlier Capital
The author holds LWLG as a high-conviction position with significant unrealized gains.
LWLG HIGH
More from Outlier Capital
J.P. Morgan’s Nuclear Wake-Up Call: Why the “Dire, Absolute Need” for Nuclear Power Creates a Once-in-a-Generation Opportunity
May 02, 12:45
Insider Watchlist: Ranking by Growth Conviction – May 2026 Edition
May 01, 14:57
Hims & Hers: The Amazon of Personalized Medicine?
Apr 30, 12:49
Portfolio Update: I’m Making Three Moves Today
Apr 28, 12:46
The $5.2 Trillion Tidal Wave: Is Your Portfolio Ready?
Apr 27, 13:01

This newsletter, published May 03, 2026, features Outlier Capital discussing HIMS, USAR, AMSC, LUNR, IQE, SMR, HPS, SIVE, SERV, LWLG. 10 trade ideas extracted by AI with direction and confidence scoring.

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