Raves & Dancing
Jamie Dubs
@jamiew
−0.4%
since Sep 30
The idea
People are putting phones down and going dancing again, and I want exposure to that without betting on any single DJ, venue, or app. So this owns the gear inside the booth and speakers, the platforms where dance music actually gets paid, the rides and stays that get people to a warehouse at 4am, and the bar tab that comes with it. A small slice sits in early legal-highs plays that could serve the scene later, sized small on purpose since those are speculative.
What it owns
- The chips, drivers and converters inside DJ rigs and pro audio gear come from listed makers; demand for hardware from the scene flows through to their component sales. · Cirrus LogicIt makes the audio chips inside DJ mixers and pro audio interfaces; demand for hardware from the scene flows through to its component sales., Analog DevicesIt makes the signal converters and analog interface chips in mixers and DJ equipment; growing pro audio hardware sales depend on its components., Knowles CorporationIt makes the audio driver components inside speakers and microphones used in sound systems; hardware builders need its parts to fill orders from the scene., SonosIt makes dedicated audio speakers; sustained spending on high-quality sound equipment at venues and homes fuels its sales.27%
- Streaming platforms and catalog owners collect royalties when dance and electronic music gets played; growing listening hours in the genre lift their revenue. · Spotify TechnologyIt is the largest streaming platform; growth in dance and electronic listening hours translates directly to higher royalty payouts., Warner Music GroupIt owns major dance and electronic music catalogs; every additional stream of club tracks sends royalties to its coffers., Reservoir MediaIt owns independent and electronic music catalogs; growth in dance music listening and valuations of specialty catalogs benefit its portfolio.22%
- Ticket platforms, ride services, short-term rentals and payment systems all earn a cut when nightlife happens; they grow with attendance and travel to events. · Uber TechnologiesIt captures fares on rides to and from nightlife venues late at night; expanding late-night ride volume in cities with growing rave scenes lifts its take., AirbnbIt books short-term rentals for travelers; people flying to cities for major events and festivals need places to sleep during their trips., ToastIt powers point-of-sale payments at bars and venues; more active nightlife locations running modern systems means more transaction volume., LyftIt competes for late-night ride volume in cities with active nightlife; growth in the late-night ride market and market share expansion lift its ride count.19%
- Spirits and beer companies pour at clubs and festivals; more people going out dancing means higher volume sold at venues. · DiageoIt owns the spirits brands poured at clubs and festivals; higher nightlife attendance typically means higher volume of spirits sold at venues., Constellation BrandsIt produces beer and spirits sold at bars and nightlife venues; higher attendance at clubs and festivals typically drives volume consumption., Anheuser-Busch InBevIt supplies beer to festivals and large dance events worldwide; attendance growth at events correlates with higher beer volume sold.17%
- Cannabis and psychedelic companies are early bets on regulatory change that could open legal paths for these products in nightlife and wellness contexts. · Tilray BrandsIt is a cannabis company; loosening of cannabis regulations in the US and internationally could open the product to legal sale in nightlife and wellness., Compass PathwaysIt runs clinical trials on psilocybin therapies; if trials advance toward approval, the product could eventually be available through legal channels in therapeutic settings.7%
- Cash8%