PCS ARE
A standing feed of only the highest-convexity names in the S&P 500, Tier 1, and nothing else.
Overview
PCS ARE (Accelerated Revenue & Earnings) is a membership-only feed: the current list of S&P 500 constituents classified Tier 1 under the PCS framework, updated every quarter. There's no tier field to report, since every name on the list is Tier 1 by construction. What you get is the list itself and how it changed.
PCS ARE is a filter of the same PCS 500 feed, not a separately managed strategy. It ships as a membership list, not a portfolio; no weights, no position sizing, no dollar allocations.
What You Get
- Current Tier 1 membership list, drawn from the S&P 500 universe
- Quarterly adds and removes as names enter or exit Tier 1
- A clean, standing “highest-convexity” watchlist you don't have to build yourself
What's Not Included
- Portfolio weights, position sizing, or dollar allocations
- The underlying PCS score used to assign Tier 1
- Any implication that this is a managed or investable portfolio. It is a membership feed.
Sample Record
{
"quarter": "2026-05-01",
"tickers": ["EXMPL", "SAMPL", "ILLUS", "..."],
"added_this_quarter": ["EXMPL"],
"removed_this_quarter": ["OLDCO"]
}Illustrative example. Ticker and values are for format only, not live output.
Product Specs
- Universe
- S&P 500, Tier 1 subset
- Fields
- Ticker list + quarterly adds/removes
- Cadence
- Quarterly
- Delivery
- Structured data file
Built For These Teams
Watchlist Builders
Start from a standing highest-convexity list instead of screening from scratch.
Overlay & Signal Teams
Feed Tier 1 membership into your own weighting or sizing process.
Research Desks
Track how the Tier 1 cohort itself turns over, quarter to quarter.
Other Products
All products deliver ticker and tier classification only, never portfolio weights, position sizing, or trade recommendations. Neither Michael Milligan nor Nina Milligan, CFP®, is a registered investment adviser or holds a securities license, and nothing in these products constitutes investment advice.