Top 10 — Communication Services — history
Every change to this list, with the reason recorded at the time. 3 rebalances so far.
The Top 10 score is a published weighted sum of percentile ranks, rebalanced on the first trading day of each month. A list is a published formula and its output, not a recommendation. These rows span method versions 1 and 2 and 3 and 4 — the formula changed between them, so a score is only comparable within one version.
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Timeline
1 Oct 2026
2 in, 1 out, 8 held, 1 passed over
IMAX CORP (IMAX) — Entered 1 Oct 2026: score 56.8, rank 10 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version).
MAGNITE INC (MGNI) — Entered 1 Oct 2026: score 58.2, rank 8 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version).
UNITI GROUP INC (UNIT) — Left 1 Oct 2026: no longer eligible — it dropped out of the scored universe.
AppLovin (APP) — Not selected 1 Oct 2026 despite rank 7: it swings more than nine tenths of the field (5.60% a day against 4.99%), and 59.40 does not clear the 61.80 a high-volatility name needs.
14 Sep 2026
1 left between rebalances
IMAX CORP (IMAX) — Left 14 Sep 2026: no longer eligible — it is in the most expensive tenth of the field on valuation, so it is ranked as a growth story rather than on fundamentals.
1 Sep 2026
10 in, 0 out, 0 held
Alphabet Inc. (Class C) (GOOG) — Entered 1 Sep 2026: first selection for this list at rank 1, score 65.6 (Communication Services has 62 eligible companies, clearing the 25-name open bar).
Alphabet Inc. (Class A) (GOOGL) — Entered 1 Sep 2026: first selection for this list at rank 2, score 65.5 (Communication Services has 62 eligible companies, clearing the 25-name open bar).
GRINDR INC (GRND) — Entered 1 Sep 2026: first selection for this list at rank 5, score 59.5 (Communication Services has 62 eligible companies, clearing the 25-name open bar).
IMAX CORP (IMAX) — Entered 1 Sep 2026: first selection for this list at rank 9, score 57.6 (Communication Services has 62 eligible companies, clearing the 25-name open bar).
Meta Platforms (META) — Entered 1 Sep 2026: first selection for this list at rank 4, score 59.5 (Communication Services has 62 eligible companies, clearing the 25-name open bar).
Match Group (MTCH) — Entered 1 Sep 2026: first selection for this list at rank 7, score 58.4 (Communication Services has 62 eligible companies, clearing the 25-name open bar).
New York Times Company (NYT) — Entered 1 Sep 2026: first selection for this list at rank 8, score 58.1 (Communication Services has 62 eligible companies, clearing the 25-name open bar).
Reddit (RDDT) — Entered 1 Sep 2026: first selection for this list at rank 10, score 57.4 (Communication Services has 62 eligible companies, clearing the 25-name open bar).
Millicom (TIGO) — Entered 1 Sep 2026: first selection for this list at rank 3, score 61.5 (Communication Services has 62 eligible companies, clearing the 25-name open bar).
UNITI GROUP INC (UNIT) — Entered 1 Sep 2026: first selection for this list at rank 6, score 59.5 (Communication Services has 62 eligible companies, clearing the 25-name open bar).
19 Aug 2026
10 left between rebalances
Comcast (CMCSA) — Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor.
Alphabet Inc. (Class C) (GOOG) — Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor.
Alphabet Inc. (Class A) (GOOGL) — Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor.
Meta Platforms (META) — Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor.
Match Group (MTCH) — Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor.
New York Times Company (NYT) — Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor.
SiriusXM (SIRI) — Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor.
AT&T (T) — Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor.
UNITI GROUP INC (UNIT) — Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor.
Verizon (VZ) — Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor.
18 Aug 2026
10 in, 0 out, 0 held
Comcast (CMCSA) — Entered 18 Aug 2026: first selection for this list at rank 10, score 48.6.
Alphabet Inc. (Class C) (GOOG) — Entered 18 Aug 2026: first selection for this list at rank 2, score 64.5.
Alphabet Inc. (Class A) (GOOGL) — Entered 18 Aug 2026: first selection for this list at rank 1, score 64.7.
Meta Platforms (META) — Entered 18 Aug 2026: first selection for this list at rank 4, score 58.0.
Match Group (MTCH) — Entered 18 Aug 2026: first selection for this list at rank 7, score 50.2.
New York Times Company (NYT) — Entered 18 Aug 2026: first selection for this list at rank 5, score 56.1.
SiriusXM (SIRI) — Entered 18 Aug 2026: first selection for this list at rank 6, score 52.0.
AT&T (T) — Entered 18 Aug 2026: first selection for this list at rank 9, score 49.1.
UNITI GROUP INC (UNIT) — Entered 18 Aug 2026: first selection for this list at rank 3, score 60.9.
Verizon (VZ) — Entered 18 Aug 2026: first selection for this list at rank 8, score 49.9.
Members over time
still in the listleft the list
The ledger
Every row this list has ever written, newest first. Append-only: a sentence recorded here is never rewritten.
| Date | Company | Event | Rank before | Rank after | Score before | Score after | Reason |
|---|---|---|---|---|---|---|---|
| 1 Oct 2026 | AppLovin (APP) | skipped_volatility_cap | — | 7 | 0.0 | 59.4 | Not selected 1 Oct 2026 despite rank 7: it swings more than nine tenths of the field (5.60% a day against 4.99%), and 59.40 does not clear the 61.80 a high-volatility name needs. |
| 1 Oct 2026 | Alphabet Inc. (Class C) (GOOG) | hold | — | 1 | 0.0 | 70.7 | Held 1 Oct 2026: score 70.7, rank 1 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version). |
| 1 Oct 2026 | Alphabet Inc. (Class A) (GOOGL) | hold | — | 2 | 0.0 | 70.4 | Held 1 Oct 2026: score 70.4, rank 2 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version). |
| 1 Oct 2026 | GRINDR INC (GRND) | hold | — | 5 | 0.0 | 61.4 | Held 1 Oct 2026: score 61.4, rank 5 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version). |
| 1 Oct 2026 | IMAX CORP (IMAX) | enter_refill | — | 10 | 0.0 | 56.8 | Entered 1 Oct 2026: score 56.8, rank 10 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version). |
| 1 Oct 2026 | Meta Platforms (META) | hold | — | 3 | 0.0 | 69.4 | Held 1 Oct 2026: score 69.4, rank 3 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version). |
| 1 Oct 2026 | MAGNITE INC (MGNI) | enter_refill | — | 8 | 0.0 | 58.2 | Entered 1 Oct 2026: score 58.2, rank 8 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version). |
| 1 Oct 2026 | Match Group (MTCH) | hold | — | 6 | 0.0 | 61.0 | Held 1 Oct 2026: score 61.0, rank 6 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version). |
| 1 Oct 2026 | New York Times Company (NYT) | hold | — | 12 | 0.0 | 56.3 | Held 1 Oct 2026: score 56.3, rank 12 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version). |
| 1 Oct 2026 | Reddit (RDDT) | hold | — | 9 | 0.0 | 56.9 | Held 1 Oct 2026: score 56.9, rank 9 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version). |
| 1 Oct 2026 | Millicom (TIGO) | hold | — | 4 | 0.0 | 65.0 | Held 1 Oct 2026: score 65.0, rank 4 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version). |
| 1 Oct 2026 | UNITI GROUP INC (UNIT) | exit_ineligible | — | — | 0.0 | 0.0 | Left 1 Oct 2026: no longer eligible — it dropped out of the scored universe. |
| 14 Sep 2026 | IMAX CORP (IMAX) | exit_ineligible | 11 | — | 56.7 | 0.0 | Left 14 Sep 2026: no longer eligible — it is in the most expensive tenth of the field on valuation, so it is ranked as a growth story rather than on fundamentals. |
| 1 Sep 2026 | Alphabet Inc. (Class C) (GOOG) | enter_initial | — | 1 | 0.0 | 65.6 | Entered 1 Sep 2026: first selection for this list at rank 1, score 65.6 (Communication Services has 62 eligible companies, clearing the 25-name open bar). |
| 1 Sep 2026 | Alphabet Inc. (Class A) (GOOGL) | enter_initial | — | 2 | 0.0 | 65.5 | Entered 1 Sep 2026: first selection for this list at rank 2, score 65.5 (Communication Services has 62 eligible companies, clearing the 25-name open bar). |
| 1 Sep 2026 | GRINDR INC (GRND) | enter_initial | — | 5 | 0.0 | 59.5 | Entered 1 Sep 2026: first selection for this list at rank 5, score 59.5 (Communication Services has 62 eligible companies, clearing the 25-name open bar). |
| 1 Sep 2026 | IMAX CORP (IMAX) | enter_initial | — | 9 | 0.0 | 57.6 | Entered 1 Sep 2026: first selection for this list at rank 9, score 57.6 (Communication Services has 62 eligible companies, clearing the 25-name open bar). |
| 1 Sep 2026 | Meta Platforms (META) | enter_initial | — | 4 | 0.0 | 59.5 | Entered 1 Sep 2026: first selection for this list at rank 4, score 59.5 (Communication Services has 62 eligible companies, clearing the 25-name open bar). |
| 1 Sep 2026 | Match Group (MTCH) | enter_initial | — | 7 | 0.0 | 58.4 | Entered 1 Sep 2026: first selection for this list at rank 7, score 58.4 (Communication Services has 62 eligible companies, clearing the 25-name open bar). |
| 1 Sep 2026 | New York Times Company (NYT) | enter_initial | — | 8 | 0.0 | 58.1 | Entered 1 Sep 2026: first selection for this list at rank 8, score 58.1 (Communication Services has 62 eligible companies, clearing the 25-name open bar). |
| 1 Sep 2026 | Reddit (RDDT) | enter_initial | — | 10 | 0.0 | 57.4 | Entered 1 Sep 2026: first selection for this list at rank 10, score 57.4 (Communication Services has 62 eligible companies, clearing the 25-name open bar). |
| 1 Sep 2026 | Millicom (TIGO) | enter_initial | — | 3 | 0.0 | 61.5 | Entered 1 Sep 2026: first selection for this list at rank 3, score 61.5 (Communication Services has 62 eligible companies, clearing the 25-name open bar). |
| 1 Sep 2026 | UNITI GROUP INC (UNIT) | enter_initial | — | 6 | 0.0 | 59.5 | Entered 1 Sep 2026: first selection for this list at rank 6, score 59.5 (Communication Services has 62 eligible companies, clearing the 25-name open bar). |
| 19 Aug 2026 | Comcast (CMCSA) | exit_list_closed | — | — | 0.0 | 0.0 | Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor. |
| 19 Aug 2026 | Alphabet Inc. (Class C) (GOOG) | exit_list_closed | — | — | 0.0 | 0.0 | Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor. |
| 19 Aug 2026 | Alphabet Inc. (Class A) (GOOGL) | exit_list_closed | — | — | 0.0 | 0.0 | Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor. |
| 19 Aug 2026 | Meta Platforms (META) | exit_list_closed | — | — | 0.0 | 0.0 | Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor. |
| 19 Aug 2026 | Match Group (MTCH) | exit_list_closed | — | — | 0.0 | 0.0 | Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor. |
| 19 Aug 2026 | New York Times Company (NYT) | exit_list_closed | — | — | 0.0 | 0.0 | Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor. |
| 19 Aug 2026 | SiriusXM (SIRI) | exit_list_closed | — | — | 0.0 | 0.0 | Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor. |
| 19 Aug 2026 | AT&T (T) | exit_list_closed | — | — | 0.0 | 0.0 | Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor. |
| 19 Aug 2026 | UNITI GROUP INC (UNIT) | exit_list_closed | — | — | 0.0 | 0.0 | Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor. |
| 19 Aug 2026 | Verizon (VZ) | exit_list_closed | — | — | 0.0 | 0.0 | Left 19 Aug 2026: this list closed — Communication Services now has 23 eligible companies, below the 25-name floor. |
| 18 Aug 2026 | Comcast (CMCSA) | enter_initial | — | 10 | 0.0 | 48.6 | Entered 18 Aug 2026: first selection for this list at rank 10, score 48.6. |
| 18 Aug 2026 | Alphabet Inc. (Class C) (GOOG) | enter_initial | — | 2 | 0.0 | 64.5 | Entered 18 Aug 2026: first selection for this list at rank 2, score 64.5. |
| 18 Aug 2026 | Alphabet Inc. (Class A) (GOOGL) | enter_initial | — | 1 | 0.0 | 64.7 | Entered 18 Aug 2026: first selection for this list at rank 1, score 64.7. |
| 18 Aug 2026 | Meta Platforms (META) | enter_initial | — | 4 | 0.0 | 58.0 | Entered 18 Aug 2026: first selection for this list at rank 4, score 58.0. |
| 18 Aug 2026 | Match Group (MTCH) | enter_initial | — | 7 | 0.0 | 50.2 | Entered 18 Aug 2026: first selection for this list at rank 7, score 50.2. |
| 18 Aug 2026 | New York Times Company (NYT) | enter_initial | — | 5 | 0.0 | 56.1 | Entered 18 Aug 2026: first selection for this list at rank 5, score 56.1. |
| 18 Aug 2026 | SiriusXM (SIRI) | enter_initial | — | 6 | 0.0 | 52.0 | Entered 18 Aug 2026: first selection for this list at rank 6, score 52.0. |
| 18 Aug 2026 | AT&T (T) | enter_initial | — | 9 | 0.0 | 49.1 | Entered 18 Aug 2026: first selection for this list at rank 9, score 49.1. |
| 18 Aug 2026 | UNITI GROUP INC (UNIT) | enter_initial | — | 3 | 0.0 | 60.9 | Entered 18 Aug 2026: first selection for this list at rank 3, score 60.9. |
| 18 Aug 2026 | Verizon (VZ) | enter_initial | — | 8 | 0.0 | 49.9 | Entered 18 Aug 2026: first selection for this list at rank 8, score 49.9. |
Informational only — NOT financial advice.