Corgi Files Defense ETF Focused on Four “LARP” Companies

The Corgi LARP ETF will invest at least 80% of assets in Lockheed Martin, Anduril, RTX and Palantir, collectively dubbed the “LARP Companies.” The concentrated fund can gain exposure through shares, SPVs and derivatives, with position sizes determined through fundamental and quantitative analysis. Notably, it could access privately held Anduril through private equity, SPVs or total return swaps, subject to liquidity and availability constraints. The ETF will concentrate at least 25% of assets in aerospace and defense-related industries.