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![HedgeyeAM Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1928087015548997633.png) Hedgeye Asset Management [@HedgeyeAM](/creator/twitter/HedgeyeAM) on x XXX followers
Created: 2025-07-07 14:06:11 UTC

HECA Is Live: The Hedgeye Capital Allocation ETF (NYSE: HECA) is now live! The strategy is managed by Hedgeye Asset Management (HAM), a subsidiary of @Hedgeye, under veteran portfolio manager David Salem (@dsaleminvestor). Salem oversaw in excess of $X billion on behalf of 800+ endowed charities as president and chief investment officer of The Investment Fund for Foundations. HECA seeks long-term capital appreciation while avoiding drawdowns or peak-to-trough declines in the Fund’s NAV exceeding 15%. The Fund uses a rules-based process centered on a proprietary algorithm, Hubble, which ranks securities based on Hedgeye’s proprietary macroeconomic (“Quads”) and market-derived (“Signals”) data. For important information about the fund, please click here or email info@hedgeyeam.com for more information.

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**Related Topics**
[longterm](/topic/longterm)
[investment](/topic/investment)
[new york stock exchange](/topic/new-york-stock-exchange)
[fund manager](/topic/fund-manager)
[asset management](/topic/asset-management)

[Post Link](https://x.com/HedgeyeAM/status/1942223623395147953)