Strategies
Two proprietary systems, one discipline: risk first.
White Whale Fund is powered by two in-house algorithms — ARAD and Orchid — operated inside a six-stage framework engineered to compound returns while containing drawdowns.
Flagship strategy
ARAD System
ARAD is a volatility-targeting model that applies mathematical and predictive algorithms to large volumes of market data. It segments drawdown history to project expected returns and sizes exposure dynamically around the current regime.
ARAD is the flagship strategy of White Whale Fund. It has been live in JARE since June 2025 and has delivered a net +34.53% in its debut year — while Bitcoin fell -10.43% and Ethereum fell -18.33%.
- Classification
- Volatility-target
- Live since
- Jun 2025
- 2025 net return
- +34.53%
- 1
Drawdown segmentation
Market data is segmented into drawdown bands so expected returns can be projected mathematically rather than guessed at.
- 2
Expected return estimation
Statistical models estimate forward returns per regime, producing a disciplined foundation for position sizing.
- 3
Risk-first prioritization
Risk, not P&L, dictates exposure. Regime shifts trigger defensive posture with zero emotional interference.
Foundation layer
Orchid System
Orchid is a trend-following engine that captures high-velocity moves while filtering low-conviction chop. It is the mechanism responsible for capturing upside when the regime supports it.
Orchid has been the execution backbone of every fund José has run since 2019 — across Crypto Hedge Capital, Digital Hedge Capital and JARE. More than $45M in cumulative volume has been executed through this engine.
- Volume executed
- $45M+
- Years live
- 5+
- Prior funds
- CHC · DHC
- 1
Trend capture
Identifies and rides sustained trends once they emerge above the noise threshold, scaling into conviction.
- 2
Volatility avoidance
Filters out low-quality, high-noise periods where trend-following strategies typically bleed.
- 3
Foundation layer
Every strategy in CHC, DHC, JARE and now White Whale Fund is built on Orchid as its core execution layer.
Algorithmic framework
Six stages, end-to-end. Every position passes through all of them.
The full investment process is broken into six sequential stages. Each stage has a specific purpose and a specific guardrail — together they keep capital in conservative regimes and deploy it decisively when the regime turns.
- 01Analysis
Regime identification
Statistical analysis of volatility clusters defines the current market regime, preventing capital misallocation during regime changes that destroy passive exposure.
- 02Risk
Dynamic allocation
Algorithmic position sizing based on regime probability. Aggressive in trends, defensive in stress — participating in upside while strictly limiting downside variance.
- 03Execution
Capital rotation
Systematic flow between BTC, ETH and stablecoins. Maximizes unit accumulation when majors bleed into each other, compounding purchasing power.
- 04Operations
Reporting cadence
Transparent monthly updates and comprehensive annual reviews eliminate information asymmetry and hold the strategy accountable against its benchmarks.
- 05Security
Custody & ops
Segregated custody architecture with direct asset ownership and strict access controls. Counterparty risk is eliminated by design.
- 06Optimization
System evolution
Continuous out-of-sample refinement. The model adapts to changes in market microstructure to preserve alpha over long horizons.