Index Performance
Overview
Description
This index is composed of every company that Iceberg Research posted negative articles about on iceberg-research.com starting 6/30/2023. Securities are weighted by the number of Iceberg articles. For example, if Iceberg posted three times about a company, that company gets a weight of 3 in this index. Put simply, if Iceberg doesn't like a company it goes into the index. The index performance is intended to approximate what an investor would get by taking the opposite position from Iceberg Research. If the index beats the benchmarks, Iceberg's calls are generally wrong. Are they a legit short seller, or a paid basher that doesn't have to be right market-wise? You decide. Two securities are left out, only because they are not available in the Thematic tool. NFGC and LILM. Each of them would have a weight of 1 in the index were they included. Index composition last updated 7/11/2025
- TickerMELT
- Inception Date07/02/2025
- WeightingCustom
- # of holdings7
What's inside?
Holdings
All holdings as of December 4, 2025
| Eos Energy Enterprises, Inc. (EOSE) | 36.56% | $5.05B | 3,472.83% | -111.19% | 73.63 |
| TMC the metals co., Inc. (TMC) | 22.49% | $3.23B | N/A | N/A | N/A |
| BigBear.ai Holdings, Inc. (BBAI) | 12.78% | $3.06B | -20.15% | 22.41% | 16.98 |
| Pagaya Technologies Ltd. (PGY) | 8.82% | $2.00B | 36.35% | 40.11% | 2.77 |
| NuScale Power Corp. (SMR) | 6.83% | $6.92B | 1,635.16% | 29.85% | 66.14 |
| Gevo, Inc. (GEVO) | 6.50% | $574.27M | 2,073.54% | 29.38% | 4.37 |
| Quantum Computing, Inc. (QUBT) | 6.02% | $3.04B | 280.20% | -312.76% | 4,612.47 |
