Tracking CTAs since 1994
Revolution Capital Management LLC
Mosaic Institutional Program
Principal(s): Michael Mundt, Rob Olson
Strategy: Short Term Systematic / Diversified
Investment Restrictions: 4.7 Exempt - Qualified Eligible Participants Only
Statistical Reports are Subscription Based
Trading Description, Risk Strategy & Background
Mosaic Institutional is an ensemble of 100% systematic, quantitative, short-term trading models that evaluate and modify positions daily. Mosaic Institutional utilizes a pattern-recognition methodology. The program targets a zero correlation to trend-following and exhibits low correlation with equities and other asset classes. Mosaic Institutional trades 52 global markets and goes long or short with no bias. The program targets a 12% annualized standard deviation of returns.
Revolution Capital Management is a Denver, Colorado-based, Limited Liability Company (LLC) that was established in 2004. Revolution is registered with the National Futures Association as a CTA and CPO and has been trading proprietary capital since January 2005. Revolution Capital Management’s products strive to provide diversification of returns within the managed futures space. Recognizing that the majority of commodity trading advisors (CTAs) pursue some type of trend-following strategy, our goal is to offer complementary products with varying degrees of target correlations to trend-exploiting strategies. By maintaining our focus on developing programs with low correlations to other offerings, we can potentially provide significant benefits to the risk-adjusted characteristics of most managed-futures portfolios.
The company's two currently available programs, Alpha and Mosaic, are both systematic and quantitative, and they are constructed according to well-defined specifications. Revolution directs trading for roughly $900 million across the full product suite.
The principals rely on rigorous statistical analysis in all aspects of research, development and operations, focusing heavily on automation and technology to enable superior, risk-adjusted returns.
Performance
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ROR | Max DD | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.02% | -2.05% | – | – | – | – | – | – | – | – | – | – | 0.91% | -2.05% |
| 2025 | 2.54% | -1.02% | 2.16% | 4.41% | -1.74% | -2.31% | 0.51% | -0.84% | 2.22% | 0.04% | -2.82% | -0.58% | 2.33% | -5.48% |
| 2024 | 1.27% | -1.79% | -1.24% | 4.35% | -0.19% | -2.20% | 0.89% | 4.52% | 1.08% | -1.83% | -3.94% | 0.41% | 0.98% | -5.70% |
| 2023 | 1.14% | -2.16% | -5.83% | 0.35% | -2.93% | -2.57% | -1.14% | 0.01% | -0.94% | 1.06% | -0.56% | -1.07% | -13.87% | -14.85% |
| 2022 | 1.72% | -2.81% | -0.15% | 6.39% | -0.31% | 0.64% | 2.14% | -0.18% | 4.16% | -1.64% | 1.04% | -0.04% | 11.17% | -2.96% |
| 2021 | -0.72% | 2.60% | 3.39% | 1.75% | -4.73% | -2.60% | -3.81% | -2.76% | 0.16% | 3.29% | -1.36% | -1.13% | -6.16% | -13.21% |
| 2020 | 2.62% | 8.26% | 5.46% | -0.92% | 0.22% | -2.24% | 3.40% | 0.61% | -4.43% | -2.31% | 2.48% | 1.80% | 15.22% | -6.65% |
| 2019 | 0.20% | -0.21% | -3.88% | 0.46% | 3.22% | 4.91% | -2.15% | 9.57% | -5.98% | -0.51% | 1.88% | -2.67% | 3.98% | -7.25% |
| 2018 | 8.75% | -8.99% | -0.35% | 0.94% | 0.72% | 1.35% | 0.47% | -2.06% | -1.91% | 2.56% | -3.98% | 0.44% | -3.01% | -11.20% |
| 2017 | -1.20% | 1.19% | -1.89% | -4.79% | 2.18% | -0.84% | 1.71% | -2.21% | 5.05% | 7.63% | -4.64% | -0.47% | 1.00% | -6.61% |
| 2016 | 1.45% | 5.08% | 2.30% | 0.08% | 2.13% | 1.93% | 3.30% | -0.43% | -8.84% | 2.05% | 3.43% | 3.65% | 16.55% | -9.24% |
| 2015 | 4.35% | -0.25% | -5.88% | -3.28% | -0.92% | 0.68% | -3.02% | -3.42% | -0.31% | 3.14% | 4.09% | -2.42% | -7.55% | -15.42% |
| 2014 | 0.69% | -1.84% | -2.01% | -1.77% | -0.10% | -0.78% | -3.09% | -1.87% | 6.08% | -7.58% | 1.13% | -4.17% | -14.79% | -15.38% |
| 2013 | 3.28% | -2.13% | 0.24% | 2.95% | 3.54% | 2.61% | -2.05% | 5.86% | -3.97% | -0.26% | 2.77% | 2.73% | 16.20% | -4.22% |
| 2012 | 0.53% | -2.51% | 3.68% | 1.28% | -7.48% | 1.54% | -6.51% | -1.61% | 0.85% | -0.72% | -2.83% | -1.59% | -14.85% | -17.26% |
| 2011 | 1.82% | -2.80% | -1.49% | -2.59% | 1.37% | 4.54% | -0.73% | -6.65% | -1.09% | 3.38% | -0.56% | -1.82% | -6.90% | -9.41% |
| 2010 | -11.14% | 7.53% | 3.71% | 4.59% | 1.14% | -2.88% | -2.13% | 2.47% | -1.04% | 5.45% | -3.29% | 1.29% | 4.37% | -11.14% |
| 2009 | – | – | – | – | – | – | – | – | 0.75% | -2.03% | 1.88% | -2.27% | -1.72% | -2.45% |
Track Record Compiled By: In-House
Accounting Notes: The performance shown is the hypothetical investment return based on a reduced volatility version of the Mosaic program. The returns were calculated by taking the actual daily returns achieved by the Mosaic program and reducing them by 58%, which calibrates the risk profile to the targeted 1% probability of an account experiencing a loss of 8% or greater in a one-month period (or 21 trading days). There can be no assurance that had Revolution Capital Management, LLC offered this program during the period shown above, an investor's investment returns would have been as shown. Hypothetical investment returns have the benefit of hindsight in that the returns are being presented after the fact when the results of investment decisions are already known. Hypothetical results have certain inherent limitations, the most important of which is that past results give no assurance of future profits.
PAST PERFORMANCE DOES NOT GUARANTEE FUTURE SUCCESS. THERE IS A RISK OF LOSS IN FUTURES TRADING.>
Risk Disclosure
PAST PERFORMANCE DOES NOT GUARANTEE FUTURE SUCCESS. IN SOME CASES MANAGED ACCOUNTS ARE CHARGED SUBSTANTIAL COMMISSIONS AND ADVISORY FEES. THOSE ACCOUNTS SUBJECT TO THESE CHARGES, MAY NEED TO MAKE SUBSTANTIAL TRADING PROFITS JUST TO AVOID DEPLETION OF THEIR ASSETS. EACH COMMODITY TRADING ADVISOR ("CTA") IS REQUIRED BY THE COMMODITY FUTURES TRADING COMMISSION ("CFTC") TO ISSUE TO PROSPECTIVE CLIENTS A RISK DISCLOSURE DOCUMENT OUTLINING THESE FEES, CONFLICTS OF INTEREST AND OTHER ASSOCIATED RISKS. A HARD COPY OF THESE RISK DISCLOSURE DOCUMENTS ARE READILY AVAILABLE BY CLICKING ON EACH CTA'S "REQUEST DISCLOSURE DOCUMENT" BUTTON.
THE FULL RISK OF COMMODITY FUTURES, OPTIONS AND FOREX TRADING CAN NOT BE ADDRESSED IN THIS RISK DISCLOSURE STATEMENT. NO CONSIDERATION TO INVEST SHOULD BE MADE WITHOUT THOROUGHLY READING THE DISCLOSURE DOCUMENT OF EACH OF THE CTAS IN WHICH YOU MAY HAVE AN INTEREST. REQUESTING A DISCLOSURE DOCUMENT PLACES YOU UNDER NO OBLIGATION AND EACH DOCUMENT IS PROVIDED AT NO COST. THE CFTC HAS NOT PASSED UPON THE MERITS OF PARTICIPATING IN ANY OF THE FOLLOWING PROGRAMS NOR ON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE DOCUMENTS. OTHER DISCLOSURE STATEMENTS ARE REQUIRED TO BE PROVIDED TO YOU BEFORE AN ACCOUNT MAY BE OPENED FOR YOU.
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. PROSPECTIVE CLIENTS SHOULD NOT BASE THEIR DECISION ON INVESTING IN THIS TRADING PROGRAM SOLELY ON THE PAST PERFORMANCE PRESENTED. ADDITIONALLY, IN MAKING AN INVESTMENT DECISION, PROSPECTIVE CLIENTS MUST ALSO RELY ON THEIR OWN EXAMINATION OF THE PERSON OR ENTITY MAKING THE TRADING DECISIONS AND THE TERMS OF THE ADVISORY AGREEMENT INCLUDING THE MERITS AND RISKS INVOLVED.
AUTUMN GOLD CTA INDEXES ARE NON-INVESTABLE INDEXES COMPRISED OF THE CLIENT PERFORMANCE OF CTA PROGRAMS INCLUDED IN THE AUTUMN GOLD DATABASE AND DO NOT REPRESENT THE COMPLETE UNIVERSE OF CTAS. INVESTORS SHOULD NOTE THAT IT IS NOT POSSIBLE TO INVEST IN THESE INDEXES.