CIO, Hoya Capital
4 dated public stances tracked since 2026-07-27, most recently 2026-07-29. Each line carries the date and the venue it came from; quotation marks mean verbatim. Methodology.
The stances below are c8alpha's editorial distillation of David Auerbach's public commentary — television, podcasts, and interviews — compiled by automated transcript analysis and dated to the episode they came from. They may lag the speaker's current view and may contain extraction errors. Text in quotation marks is verbatim from the episode; everything else is our paraphrase. David Auerbach is not affiliated with c8alpha and has not endorsed this page. Nothing here is investment advice.
Think we got something wrong? Report a misattribution — we correct it or take it down.
Raw direction-aware returns on public statements — long calls credited when the price rose, shorts when it fell, shorts capped at −100% — in a rising market this mostly measures who was long, not who has skill. Returns run from the stance date; calls are rarely closed publicly, so fixed 90-day / 180-day / 1-year horizons are used. A horizon shows only once it has fully matured, and only at 5+ scored stances. “% correct” is the share of those scored calls whose direction-aware return was positive at the horizon — in a rising market a bullish call is correct by default, so read it beside the market, not alone.
Scored calls
Every tracked call with at least one matured horizon: the rows behind the Returns
line above. A dash is a horizon that has not matured yet.
| Date | Name | Call | 90d | 180d | 1y |
|---|
| 2026-07-29 | Data Center Reits | bullish | -0.4% | — | — |
| 2026-07-27 | RIET | bullish | -12.5% | — | — |
Most-argued themes
| Theme | Stances | Lean | Mix | Last |
|---|
| Data Center Reits | 1 | | 1 bullish | 2026-07-29 |
| RIET | 1 | | 1 bullish | 2026-07-27 |
| SMALL AND MID-CAP REITS, PREFERRED REITS, MORTGAGE REITS | 1 | | 1 bullish | 2026-07-29 |
| SMALL- AND MID-CAP REITS | 1 | | 1 bullish | 2026-07-27 |
Tracked stances
bullish / bearish is a view they argued; owns / short is a position they said they hold.
2026-07-29
Data Center Reits
bullish
Bloomberg ETF IQ · video
Data center REITs are in the early innings of a secular buildout, with established platforms holding global megawatt-scale footprints and working with municipalities on permitting, while also pulling through demand for industrial REIT space
“I still think we're in the early innings when it comes to the world of data centers”
90d -0.4%
Hoya Capital on Bloomberg ETF IQ - July 27, 2026
2026-07-29
SMALL AND MID-CAP REITS, PREFERRED REITS, MORTGAGE REITS
bullish
Bloomberg ETF IQ · video
The real yield opportunity in REITs sits in small/mid-caps, preferreds, and mortgage REITs rather than the large-cap names dominating VNQ, because those top-10 VNQ holdings like DLR, AMT, Welltower, and Prologis offer little dividend income
“that's frankly where the real opportunity set was in the small caps or the mid-cap space”
Hoya Capital on Bloomberg ETF IQ - July 27, 2026
2026-07-27
RIET
bullish
Bloomberg ETF IQ · video
High-dividend small- and mid-cap REITs offer ~10% yield at a time when operating fundamentals, dividends, and M&A activity are all rising, and private equity is buying public REITs at discounts to net asset value.
“management teams are not going to wait for the Fed. They're going to find ways to unlock value”
90d -12.5%
Tax ETFs Under Question, Triple Crown Record 7/27/2026
Said again: 2026-07-29 (Bloomberg ETF IQ)
2026-07-27
SMALL- AND MID-CAP REITS
bullish
Bloomberg ETF IQ · video
The real yield opportunity in the REIT sector sits in small- and mid-cap names, not the mega-cap REITs (DLR, AMT, WEL, PLD) that dominate VNQ and offer little dividend income.
“there is no yield in those top 10”
Tax ETFs Under Question, Triple Crown Record 7/27/2026
Idea Scout Weekly
Every Sunday: who said what across the tape we track —
1766 voices, 5,177 episodes and articles —
with side-flips and points of disagreement called out. Free.
How we track it.
Free · double opt-in · unsubscribe in one click
Follow an investor and their newest stances lead The Brief, the free morning email; these pages update every morning.