Hedgeye Asset Management Marks One-Year Anniversary of HECA and HGRO ETFs
PRNewsWire
Published: Jul 17, 2026, 06:03 AM GMT+9
Sentiment Analysis
One Year After Launch, HECA Surpasses $300 Million in Assets and HGRO Tops $125 Million; Both ETFs Now Available on LPL Financial's Platform
Hedgeye Asset Management today announced the one-year anniversary of two of its actively managed exchange-traded funds: the Hedgeye Capital Allocation ETF (NYSE: HECA) and the Hedgeye Quality Growth ETF (NYSE: HGRO).
Launched in 2025, both HECA and HGRO are designed to give investors access to Hedgeye Risk Management's research-driven, risk-managed investment process in transparent ETF structures. Over their first year, both funds have seen strong investor adoption, with HECA now exceeding $300 million in assets under management and HGRO surpassing $125 million in assets under management.
Hedgeye Asset Management also announced that both HECA and HGRO are now available on LPL Financial's platform, expanding access to the funds for financial advisors and their clients.
"One year in, HECA and HGRO are doing exactly what we built them to do: bring Hedgeye Asset Management's disciplined, forward-looking investment process to a broader universe of investors," said John McNamara, Chief Investment Officer of Hedgeye Asset Management. "The strong growth of both funds, combined with their availability on LPL Financial's platform, is an important milestone for our business and a reflection of the trust advisors and investors are placing in our team."
The Hedgeye Capital Allocation ETF (HECA) is managed by David Salem, Portfolio Manager at Hedgeye Asset Management. HECA is an actively managed, go-anywhere capital allocation strategy designed to invest across asset classes, sectors and geographies, with a focus on compounding capital while managing downside risk through changing market regimes.
"HECA was built for investors who understand that capital allocation is not a static exercise," said David Salem, Portfolio Manager of HECA. "Our job is to remain flexible, disciplined and focused on putting capital where we believe the risk/reward is most attractive. Reaching more than $300 million in assets in our first year is a meaningful validation of that approach."
The Hedgeye Quality Growth ETF (HGRO) is managed by Sam Rahman, Portfolio Manager at Hedgeye Asset Management. HGRO is an actively managed equity strategy focused on identifying high-quality growth companies with durable business models, strong competitive positions and attractive long-term compounding potential.
"HGRO reflects a simple but powerful idea: own exceptional businesses when the fundamentals, valuation and market setup align," said Sam Rahman, Portfolio Manager of HGRO. "We are focused on quality, durability and long-term growth, but always through a risk-managed lens. Surpassing $125 million in assets in our first year is a great milestone and we are grateful for the confidence investors have shown in the strategy."
HECA and HGRO are part of Hedgeye Asset Management's growing ETF lineup, which seeks to deliver active, research-intensive strategies grounded in Hedgeye's macro, fundamental and quantitative investment framework. The firm's most recent addition is the Hedgeye Index Adds ETF (ADDS), managed by Brooks Cutright, which seeks to capture opportunities created by the market dynamics surrounding companies added to major equity indexes.
"We recognize that investors are searching for differentiated active strategies that are clear, disciplined and built for the real world," McNamara added. "That is the lane Hedgeye Asset Management is focused on. We're proud of the momentum we've built over the past year, but we're even more focused on what comes next."
About Hedgeye Asset Management Hedgeye Asset Management is an investment management firm focused on delivering actively managed ETF strategies grounded in Hedgeye's independent macro, fundamental and quantitative research process. The firm seeks to prov...
Source: PRNewsWire
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