--- title: "Månadsuppdatering: Top Picks Momentum" id: "23187" type: "post" slug: "manadsuppdatering-top-picks-momentum-150126" published_at: "2026-01-15T20:17:34+00:00" modified_at: "2026-02-04T11:06:08+00:00" url: "https://neuroquant.ai/en/manadsuppdatering-top-picks-momentum-150126/" markdown_url: "https://neuroquant.ai/en/manadsuppdatering-top-picks-momentum-150126.md" excerpt: "Aktieportföljen NQ Top Picks Momentum bygger på en variant av vår strategi NQ Pure Momentum. Strategin identifierar aktier i tydliga uppåtgående trender, justerat för volatilitet, med en medellångsiktig tillbakablicksperiod och riskjusterade portföljvikter. Grundantagandet är att dessa trender ofta varar längre..." taxonomy_category: - "Blogg" - "Strategier" taxonomy_post_tag: - "Aktier" - "Faktorbaserad strategi" - "Modellportfölj" - "Momentum" --- Blog, Strategies # Monthly Update: Top Picks Momentum Posted by Erik Martin Hansén 15/01/2026 **The NQ Top Picks Momentum equity portfolio is based on a variant of our NQ Pure Momentum strategy. The strategy identifies stocks in clear upward trends, adjusted for volatility, with a medium-term lookback period and risk-adjusted portfolio weights. The underlying assumption is that these trends often last longer than many expect.** A characteristic of momentum strategies is that a few big winners often account for a large portion of the total return. However, momentum is difficult for many to follow in practice, and requires clear and structured rules to be able to take advantage of its potential. [Click here](https://neuroquant.ai/aktieportfoljer-och-strategier/) to read information and see the development of our model portfolios. ### **Information** - **Direction:**Long-only (no short positions) - **Strategic direction:**Volatility-adjusted price momentum - **Investment universe:**Sverige (Norden fasas successivt ut) - **Portfolio weights:**Volatility-adjusted weights - **Rebalancing frequency:**Monthly --- ### **Development** Hittills under 2026 har **NQ Top Picks Momentum**stigit med 4,5 %, att jämföra med 2,7 % för**XACT Sverige.** De största positiva bidrage har kommit från **Maha Capital,****Boliden** och forskningsbolaget **Cantargia**. Forskningsbolag är ofta volatila, vilket innebär att en systematisk momentumstrategi antingen kan exkludera dem eller begränsa exponeringen. Genom att använda volatilitetsjusterade portföljvikter får mer volatila aktier automatiskt en lägre vikt i portföljen. De största negativa bidragen hittills under året har kommit från **RevolutionRace**, **SalMar** and **Hennes & Mauritz**. ### **Utveckling månad (%)** | År | Jan | Feb | Mar | Apr | Maj | Jun | Jul | Aug | Sep | Okt | Nov | Dec | Total | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2023 | 8,8 | 1,3 | 1,4 | -0,4 | -0,6 | 2,1 | -2,1 | -4,4 | -2,7 | -0,2 | 0,5 | 3,7 | 7,0 | | 2024 | 5,0 | 3,6 | 5,1 | -0,7 | 7,6 | -0,3 | 0,8 | -2,7 | 0,4 | -0,2 | -0,1 | 0,7 | 20,4 | | 2025 | 3,6 | 2,6 | -4,0 | 5,1 | 5,5 | 3,7 | 2,0 | -0,4 | 1,9 | -0,2 | -1,1 | 0,5 | 20,6 | | 2026 | 4,5 | | | | | | | | | | | | 4,5 | *Avkastningen beräknad i SEK inklusive utdelningar och exklusive transaktionskostnader. Modellportföljen rebalanseras månadsvis. Utvecklingen är endast vägledande och beror på exekvering, slippage och courtage.* [https://neuroquant.ai/wp-content/uploads/2026/01/TP_150125.png](https://neuroquant.ai/wp-content/uploads/2026/01/TP_150125.png) *Mer information och utveckling finns på vår [hemsida.](https://neuroquant.ai/aktieportfoljer-och-strategier/)* --- ### **Förändringar innehav** Vi fortsätter att renodla NQ Top Picks Momentum till ett univers av svenska bolag. Syftet är att öka differentieringen mellan våra tre modellportföljer och minska överlappande innehav. Detta sker successivt under de kommande månaderna. - **Top Picks Momentum** kommer att fokusera på svenska bolag - **Värde & Momentum**kommer att investera i Norden - **Volatilitet & Kvalitet**kommer att investera i amerikanska bolag I övrigt säljer vi aktier som faller ur rankingen och använder kassan till att köpa nya innehav. Portföljvikterna bestäms med en systematisk metod, vilket eliminerar subjektiva beslut och säkerställer att alla innehav har samma teoretiska möjlighet att bidra till portföljens utveckling. Create an account to read the full article Create an account to read the full article This article is part of our analysis service. Create an account to get full access to analysis and our strategies. [Get 50% off Premium](https://app-new.neuroquant.ai/en/pc/register) If you already have an account, you can [log in](https://app-new.neuroquant.ai) Risk Warning: Investing in financial markets always involves risk. Historical performance is no guarantee of future results, and there is a possibility that you may lose all or part of your invested capital. Our analyses and indicators are based on historical data and statistical models, but these models cannot predict future market movements with complete certainty. 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[https://www.instagram.com/neuroquant/](https://www.instagram.com/neuroquant/) [https://www.facebook.com/NeuroQuant/](https://www.facebook.com/NeuroQuant/) [https://www.youtube.com/channel/UCSQNQYnFXl_r5Mx1RZJ41Ug](https://www.youtube.com/channel/UCSQNQYnFXl_r5Mx1RZJ41Ug) [https://www.linkedin.com/company/77067872](https://www.linkedin.com/company/77067872) [https://x.com/neuroquantNQ](https://x.com/neuroquantNQ) [Shares](https://neuroquant.ai/en/tag/aktier/) [Factor-based strategy](https://neuroquant.ai/en/tag/faktorbaserad-strategi/) [Model portfolio](https://neuroquant.ai/en/tag/modellportfolj/) [Momentum](https://neuroquant.ai/en/tag/momentum/) Posted by Erik Martin Hansén After studying at Uppsala University, Erik Hansén has worked in the financial industry since 2007 at several brokerage firms and traded privately. In his role as an analyst, Erik has written highly regarded market letters. ### Related Posts [https://neuroquant.ai/en/webinar-sa-fungerar-warranter/](https://neuroquant.ai/en/webinar-sa-fungerar-warranter/) ##### [Webinar: How Warrants Work](https://neuroquant.ai/en/webinar-sa-fungerar-warranter/) By Erik Martin Hansen 19/10/2026 [https://neuroquant.ai/en/marknadspulsen-wilcox-strategin-pa-stockholmsborsen/](https://neuroquant.ai/en/marknadspulsen-wilcox-strategin-pa-stockholmsborsen/) ##### [Market Pulse: The Wilcox Strategy on the Stockholm Stock Exchange](https://neuroquant.ai/en/marknadspulsen-wilcox-strategin-pa-stockholmsborsen/) By Erik Martin Hansen 09/10/2026 [https://neuroquant.ai/en/marknadspulsen-manatlig-oversikt-av-marknadslaget-9/](https://neuroquant.ai/en/marknadspulsen-manatlig-oversikt-av-marknadslaget-9/) ##### [Market Pulse: Monthly overview of the market situation](https://neuroquant.ai/en/marknadspulsen-manatlig-oversikt-av-marknadslaget-9/) By Erik Martin Hansen 05/10/2026