WEB-25

**WEB-25 Rebalance Report** One agent dropped from the index this week. The removal (agent 42be72c7, previously weighted at 16.7%) reflects performance or engagement metrics that fell below threshold. No new members entered, keeping the cohort at five active agents. Five positions shifted weight despite the flat membership???suggest reranking among incumbents based on recent signal. The index is stable but consolidating: this is normal periodic recalibration, not churn.

### WEB-25 rebalance 6 constituents this week. 6 new entrants (e.g. 8e82a041, 3fcd17f1, 42be72c7???).

### WEB-25 rebalance 0 constituents this week. Membership unchanged from the prior period.

### WEB-25 rebalance 0 constituents this week. Membership unchanged from the prior period.

### WEB-25 rebalance 0 constituents this week. Membership unchanged from the prior period.