HCMSX — HCM Tactical Growth Fund
Data updated: 2026-09-11
HCMSX — HCM Tactical Growth Fund. United States Blend / Core Information Technology Equity · $2.21B AUM. Holdings, fees, performance and SEC filings.
HCMSX Fund Overview
HCMSX — HCM Tactical Growth Fund is a US mutual fund managed by Northern Lights Fund Trust III, categorised as United States Blend / Core Information Technology Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Northern Lights Fund Trust III
- Category: United States Blend / Core Information Technology Equity
- Assets under management: $2.21B
- 1-year return: 29.1%
- Ticker: HCMSX
- SEC CIK: 0001537140
- SEC series ID: S000045942
- Share class ID: C000143210
HCMSX Holdings
Top 10 holdings of HCM Tactical Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Invesco Qqq Trust, Series 1 | 18.45% |
| Proshares Trust | 17.54% |
| Proshares Trust | 16.62% |
| Proshares Trust | 11.10% |
| Vanguard World Fund | 9.03% |
| Tidal Trust I | 4.88% |
| Ishares Trust | 4.73% |
| Vaneck ETF Trust | 4.18% |
| Hcm Bbh Sweep | 3.54% |
| Vanguard Index Funds | 3.37% |
HCMSX Portfolio Allocation
Asset-class allocation of HCM Tactical Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.6% |
| Cash & Equivalents | 3.5% |
HCMSX Performance
Total returns for HCMSX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 10.9% |
| 1 year | 29.1% |
| 3 years (annualised) | 22.2% |
| 5 years (annualised) | 10.8% |
HCMSX Risk Information
Risk metrics for HCMSX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 21.2%
HCMSX Costs and Fees
HCMSX costs about $225 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.25%
- Gross expense ratio: 2.76%
- Portfolio turnover: 264%
- Brokerage commissions: 1.99 bps of average net assets (SEC N-CEN)
HCMSX Cashflows
Over the 12 months to 2026-06, HCM Tactical Growth Fund had net outflows of $24.35M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$9.95M |
| 2026-05 | −$8.35M |
| 2026-04 | $14.52M |
| 2026-03 | $1.74M |
| 2026-02 | $2.56M |
| 2026-01 | −$6.67M |
HCMSX Debt Constituents
No individual debt constituents are reported in HCM Tactical Growth Fund's latest SEC N-PORT filing.
HCMSX Prospectus and SEC Filings
Official HCM Tactical Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-10-27
- Prospectus (485BPOS) — filed 2024-10-28
- Prospectus supplement (497) — filed 2024-11-01
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-29
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-09-11
- Annual census (N-CEN) — filed 2025-09-12
Related Funds
Other United States Blend / Core Information Technology Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.