:root {
  color-scheme: dark;
  --background: #09090b;
  --foreground: #fafafa;
  --muted: #a1a1aa;
  --border: #27272a;
  --panel: #111113;
  --panel-soft: #18181b;
}

* { box-sizing: border-box; }
html { scroll-behavior: smooth; }

body {
  margin: 0;
  background: var(--background);
  color: var(--foreground);
  font-family: Inter, ui-sans-serif, system-ui, -apple-system, BlinkMacSystemFont, "Segoe UI", sans-serif;
}

a { color: inherit; text-decoration: none; }

main {
  animation: page-rise 520ms cubic-bezier(0.48, 1, 0.8, 1) both;
}

.site-header {
  position: fixed;
  inset: 0 0 auto;
  z-index: 20;
  display: flex;
  align-items: center;
  justify-content: space-between;
  height: 64px;
  padding: 0 clamp(24px, 6vw, 48px);
  background: linear-gradient(180deg, rgba(0, 0, 0, 0.42), transparent);
  transition: background 260ms ease, border-color 260ms ease, backdrop-filter 260ms ease;
}

.site-header.scrolled {
  background: rgba(9, 9, 11, 0.98);
  border-bottom: 1px solid var(--border);
  backdrop-filter: blur(14px);
}

.brand,
nav a {
  font-size: 0.78rem;
  font-weight: 300;
  letter-spacing: 0.18em;
  text-transform: uppercase;
}

nav { display: flex; gap: clamp(18px, 4vw, 34px); }
nav a { color: rgba(255, 255, 255, 0.84); transition: color 180ms ease; }
nav a:hover,
nav a[aria-current="page"] { color: #fff; }

nav a[aria-current="page"] {
  text-decoration: underline;
  text-underline-offset: 8px;
  text-decoration-thickness: 1px;
}

.menu-toggle {
  display: none;
  min-height: 40px;
  padding: 0;
  border: 0;
  background: transparent;
  color: #fff;
  font-size: 0.78rem;
  font-weight: 300;
  letter-spacing: 0.18em;
  text-transform: uppercase;
  cursor: pointer;
}

.hero {
  position: relative;
  min-height: 100vh;
  display: grid;
  place-items: center;
  overflow: hidden;
}

.hero-media,
.hero-overlay,
.hero-video {
  position: absolute;
  inset: 0;
}

.hero-video {
  width: 100%;
  height: 100%;
  object-fit: cover;
  filter: grayscale(1) contrast(1.12);
}

.hero-overlay {
  background: linear-gradient(180deg, rgba(0, 0, 0, 0.72), rgba(0, 0, 0, 0.5) 48%, rgba(0, 0, 0, 0.84));
}

.hero-content {
  position: relative;
  z-index: 1;
  width: min(920px, calc(100% - 36px));
  text-align: center;
  padding-top: 64px;
  animation: rise-in 850ms ease both;
}

.pretitle {
  margin: 0 0 26px;
  color: rgba(255, 255, 255, 0.72);
  font-size: 0.78rem;
  font-weight: 300;
  letter-spacing: 0.24em;
  text-transform: uppercase;
}

h1 {
  margin: 0;
  font-size: clamp(3.4rem, 10vw, 8rem);
  font-weight: 300;
  line-height: 0.95;
  letter-spacing: 0.2em;
  text-transform: uppercase;
}

h1 span,
.section-heading h2 span { font-weight: 400; }

.rule {
  width: 96px;
  height: 1px;
  margin: 34px auto;
  background: rgba(255, 255, 255, 0.62);
  transform-origin: center;
  animation: line-in 700ms ease 420ms both;
}

.tagline {
  margin: 0 0 36px;
  color: rgba(255, 255, 255, 0.88);
  font-size: clamp(1rem, 2vw, 1.45rem);
  font-weight: 300;
  letter-spacing: 0.15em;
  text-transform: uppercase;
}

.hero-button {
  display: inline-flex;
  align-items: center;
  gap: 14px;
  min-height: 54px;
  padding: 0 30px;
  border: 1px solid rgba(255, 255, 255, 0.42);
  color: #fff;
  font-size: 0.82rem;
  letter-spacing: 0.15em;
  text-transform: uppercase;
  transition: background 220ms ease, color 220ms ease, border-color 220ms ease;
}

.hero-button:hover { background: #fff; color: #000; border-color: #fff; }

.scroll-cue {
  position: absolute;
  bottom: 42px;
  z-index: 1;
  display: grid;
  justify-items: center;
  gap: 8px;
  color: rgba(255, 255, 255, 0.78);
  font-size: 0.72rem;
  font-weight: 300;
  letter-spacing: 0.2em;
  text-transform: uppercase;
}

.scroll-cue span:last-child {
  font-size: 1.4rem;
  animation: bounce 1.8s ease-in-out infinite;
}

.portfolio-snapshot,
.approach,
.holdings-section {
  padding: clamp(82px, 12vw, 128px) clamp(22px, 6vw, 48px);
}

.page-main {
  padding-top: 64px;
}

.page-heading {
  display: grid;
  justify-items: center;
  min-height: 368px;
  padding: clamp(88px, 12vw, 140px) clamp(22px, 6vw, 48px) clamp(72px, 10vw, 112px);
  border-bottom: 1px solid var(--border);
  text-align: center;
}

.page-heading h1 {
  max-width: 980px;
  margin: 0;
  font-size: clamp(4rem, 8vw, 6.7rem);
  font-weight: 300;
  line-height: 1;
  letter-spacing: 0;
  text-transform: none;
}

.page-heading .tagline {
  max-width: 680px;
  margin: 20px 0 0;
  color: var(--muted);
  font-size: clamp(1rem, 1.8vw, 1.25rem);
  letter-spacing: 0.02em;
  text-transform: none;
}

.portfolio-snapshot,
.holdings-section {
  max-width: 1180px;
  margin: 0 auto;
}

.portfolio-title {
  padding: clamp(76px, 10vw, 110px) clamp(22px, 5vw, 64px) clamp(76px, 10vw, 96px);
  border-bottom: 1px solid var(--border);
}

.portfolio-title p {
  margin: 0 0 12px;
  color: var(--muted);
  font-size: 0.8rem;
  letter-spacing: 0.22em;
  text-transform: uppercase;
}

.portfolio-title h1 {
  margin: 0;
  font-size: clamp(3.5rem, 7vw, 5.8rem);
  font-weight: 300;
  line-height: 1;
  letter-spacing: 0;
  text-transform: none;
}

.portfolio-kpis {
  display: grid;
  grid-template-columns: repeat(3, 1fr);
  border-bottom: 1px solid var(--border);
}

.portfolio-kpis article {
  min-height: 206px;
  padding: clamp(34px, 5vw, 64px);
}

.portfolio-kpis span,
.allocation-header span {
  display: block;
  color: var(--muted);
  font-size: 0.8rem;
  letter-spacing: 0.2em;
  text-transform: uppercase;
}

.portfolio-kpis strong {
  display: block;
  margin-top: 14px;
  font-size: clamp(3rem, 5vw, 4.2rem);
  font-weight: 300;
  line-height: 1;
}

.portfolio-kpis small {
  display: block;
  margin-top: 10px;
  color: var(--muted);
  font-size: 0.95rem;
}

.portfolio-kpis article:nth-child(2) strong,
.positive {
  color: #00c853;
}

.allocation-section {
  max-width: 1152px;
  margin: 0 auto;
  padding: clamp(58px, 8vw, 76px) clamp(22px, 5vw, 64px) clamp(82px, 12vw, 128px);
}

.allocation-heading {
  display: flex;
  align-items: center;
  gap: 12px;
  margin-bottom: 42px;
}

.allocation-heading span {
  color: var(--muted);
  font-size: 1.3rem;
}

.allocation-heading h2 {
  margin: 0;
  font-size: clamp(1.4rem, 2vw, 1.65rem);
  font-weight: 400;
}

.source-note {
  margin: -28px 0 32px;
  color: var(--muted);
  font-size: 0.82rem;
}

.allocation-table {
  display: grid;
  gap: 8px;
}

.allocation-row,
.holding {
  display: grid;
  grid-template-columns: minmax(0, 1.7fr) 0.55fr 0.8fr 0.55fr;
  gap: 28px;
  align-items: center;
}

.allocation-header {
  margin-bottom: 16px;
  padding-bottom: 16px;
  border-bottom: 1px solid var(--border);
}

.portfolio-allocation {
  border-top: 1px solid var(--border);
  border-bottom: 1px solid var(--border);
}

.portfolio-history {
  border-bottom: 1px solid var(--border);
}

.portfolio-history-inner {
  max-width: 1152px;
  margin: 0 auto;
  padding: clamp(54px, 8vw, 72px) clamp(22px, 5vw, 64px);
}

.history-chart {
  border: 1px solid var(--border);
  border-radius: 4px;
  background: var(--panel);
}

.history-summary {
  display: grid;
  gap: 10px;
  padding: clamp(24px, 4vw, 36px) clamp(24px, 5vw, 42px) 0;
}

.history-summary span,
.history-summary small {
  color: var(--muted);
  font-size: 0.82rem;
  letter-spacing: 0.14em;
  text-transform: uppercase;
}

.history-summary strong {
  font-size: clamp(2.4rem, 5vw, 4.2rem);
  font-weight: 300;
  line-height: 1;
}

.history-plot {
  position: relative;
}

.history-chart svg {
  display: block;
  width: 100%;
  min-height: 260px;
  padding: 8px;
}

.history-axis {
  stroke: rgba(255, 255, 255, 0.16);
  stroke-width: 1;
}

.history-area {
  fill: rgba(255, 255, 255, 0.08);
}

.history-line {
  fill: none;
  stroke: #fff;
  stroke-linecap: round;
  stroke-linejoin: round;
  stroke-width: 3;
}

.history-point circle {
  fill: #09090b;
  stroke: #fff;
  stroke-width: 2;
  cursor: pointer;
  transition: fill 160ms ease, r 160ms ease, stroke-width 160ms ease;
}

.history-point:hover circle {
  fill: #fff;
  r: 7;
  stroke-width: 3;
}

.history-tooltip {
  position: absolute;
  z-index: 2;
  display: grid;
  gap: 4px;
  min-width: 132px;
  padding: 10px 12px;
  border: 1px solid var(--border);
  border-radius: 4px;
  background: rgba(9, 9, 11, 0.96);
  box-shadow: 0 12px 32px rgba(0, 0, 0, 0.34);
  opacity: 0;
  pointer-events: none;
  transform: translate(-50%, calc(-100% - 14px));
  transition: opacity 120ms ease;
}

.history-tooltip.visible {
  opacity: 1;
}

.history-tooltip strong {
  color: #fff;
  font-size: 0.88rem;
  font-weight: 400;
}

.history-tooltip span {
  color: var(--muted);
  font-size: 0.72rem;
  letter-spacing: 0.12em;
  text-transform: uppercase;
}

.history-label {
  fill: var(--muted);
  font-size: 0.75rem;
  letter-spacing: 0.08em;
  text-transform: uppercase;
}

.history-label.x-end {
  text-anchor: end;
}

.portfolio-allocation-inner {
  max-width: 1152px;
  margin: 0 auto;
  padding: clamp(54px, 8vw, 72px) clamp(22px, 5vw, 64px);
}

.portfolio-allocation h2 {
  margin: 0 0 24px;
  font-size: clamp(1.3rem, 2vw, 1.55rem);
  font-weight: 400;
}

.allocation-chart-wrap {
  display: grid;
  grid-template-columns: minmax(220px, 320px) minmax(0, 1fr);
  gap: clamp(28px, 6vw, 72px);
  align-items: center;
}

.allocation-chart {
  position: relative;
  display: grid;
  place-items: center;
  width: min(320px, 100%);
  aspect-ratio: 1;
  border-radius: 50%;
}

.allocation-chart svg {
  position: absolute;
  inset: 0;
  width: 100%;
  height: 100%;
  overflow: visible;
}

.allocation-segment {
  cursor: pointer;
  transition: opacity 180ms ease, stroke-width 180ms ease, filter 180ms ease;
}

.allocation-chart svg:hover .allocation-segment {
  opacity: 0.34;
}

.allocation-chart svg .allocation-segment:hover {
  opacity: 1;
  stroke-width: 19;
  filter: drop-shadow(0 0 10px rgba(255, 255, 255, 0.22));
}

.allocation-chart-label {
  position: relative;
  z-index: 1;
  display: flex;
  align-items: center;
  justify-content: center;
  width: 42%;
  aspect-ratio: 1;
  border: 1px solid var(--border);
  border-radius: 50%;
  background: #09090b;
  text-align: center;
  pointer-events: none;
}

.allocation-chart-label strong,
.allocation-chart-label span {
  max-width: 92%;
  overflow-wrap: anywhere;
}

.allocation-chart-label strong {
  color: #fff;
  font-size: clamp(0.72rem, 1.7vw, 0.95rem);
  font-weight: 400;
}

.allocation-chart-label span {
  margin-top: 4px;
  color: var(--muted);
  font-size: 0.72rem;
}

.allocation-legend {
  display: grid;
  grid-template-columns: repeat(2, minmax(0, 1fr));
  gap: 14px 22px;
}

.allocation-legend span {
  display: grid;
  grid-template-columns: 12px minmax(0, 1fr) auto;
  align-items: center;
  gap: 8px;
  color: var(--muted);
  font-size: 0.82rem;
}

.allocation-legend strong {
  overflow-wrap: anywhere;
  color: #fff;
  font-weight: 400;
}

.allocation-legend i {
  width: 12px;
  height: 12px;
  border-radius: 3px;
}

.portfolio-note {
  display: grid;
  place-items: center;
  min-height: 144px;
  padding: 24px;
  border-bottom: 1px solid var(--border);
  text-align: center;
}

.portfolio-note p {
  margin: 0;
  color: var(--muted);
  font-size: 0.82rem;
}

.section-heading { margin-bottom: 48px; }
.section-heading.centered { text-align: center; }

.section-heading p,
.section-heading > span {
  display: block;
  margin: 0 0 14px;
  color: var(--muted);
  font-size: 0.78rem;
  letter-spacing: 0.2em;
  text-transform: uppercase;
}

.section-heading h2 {
  margin: 0;
  font-size: clamp(2.1rem, 5vw, 4.6rem);
  font-weight: 300;
  line-height: 1.08;
  letter-spacing: 0;
}

.value-grid {
  display: grid;
  grid-template-columns: 1.3fr repeat(3, 0.7fr);
  border: 1px solid var(--border);
}

.value-grid article {
  min-height: 180px;
  padding: clamp(22px, 4vw, 34px);
  border-right: 1px solid var(--border);
  background: var(--panel);
}

.value-grid article:last-child { border-right: 0; }

.value-grid span,
.value-grid small {
  display: block;
  color: var(--muted);
  font-size: 0.82rem;
  letter-spacing: 0.12em;
  text-transform: uppercase;
}

.value-grid strong {
  display: block;
  margin-top: 20px;
  font-size: clamp(1.8rem, 4vw, 3.4rem);
  font-weight: 300;
  line-height: 1;
}

.total-card strong { font-size: clamp(2.8rem, 7vw, 5.8rem); }
.total-card small { margin-top: 22px; letter-spacing: 0; text-transform: none; }

.approach {
  border-top: 1px solid var(--border);
  background: #0c0c0f;
}

.approach.standalone {
  border-top: 0;
}

.home-approach {
  min-height: 58vh;
}

.principles {
  display: grid;
  grid-template-columns: repeat(3, minmax(0, 1fr));
  gap: clamp(18px, 4vw, 48px);
  max-width: 1120px;
  margin: 0 auto;
}

.principles article {
  display: grid;
  justify-items: center;
  gap: 18px;
  padding: 28px;
  text-align: center;
}

.icon-box {
  display: grid;
  place-items: center;
  width: 64px;
  height: 64px;
  border: 1px solid var(--border);
  font-size: 1.7rem;
  font-weight: 200;
}

.principles h3 {
  margin: 0;
  font-size: 1.2rem;
  font-weight: 400;
}

.principles p {
  margin: 0;
  color: var(--muted);
  font-weight: 300;
  line-height: 1.7;
}

.stats-band {
  display: grid;
  grid-template-columns: repeat(4, 1fr);
  padding: clamp(70px, 10vw, 104px) clamp(22px, 6vw, 48px);
  border-block: 1px solid var(--border);
  background: var(--panel-soft);
}

.stats-band div { text-align: center; }

.stats-band strong {
  display: block;
  font-size: clamp(2.5rem, 5vw, 4.2rem);
  font-weight: 300;
}

.stats-band span {
  display: block;
  margin-top: 8px;
  color: var(--muted);
  font-size: 0.78rem;
  letter-spacing: 0.15em;
  text-transform: uppercase;
}

.holdings-list { display: grid; }

.text-section {
  max-width: 1120px;
  margin: 0 auto;
  padding: clamp(82px, 12vw, 128px) clamp(22px, 6vw, 48px);
}

.roles-section {
  padding: clamp(82px, 12vw, 128px) clamp(22px, 6vw, 48px);
  border-top: 1px solid var(--border);
  background: #0c0c0f;
}

.roles-grid {
  display: grid;
  gap: 18px;
  max-width: 1120px;
  margin: 0 auto;
}

.roles-grid article {
  min-height: 338px;
  padding: clamp(24px, 4vw, 38px);
  border: 1px solid var(--border);
  border-radius: 4px;
  background: var(--panel);
}

.roles-grid span {
  display: block;
  margin-bottom: 24px;
  color: var(--muted);
  font-size: 0.78rem;
  letter-spacing: 0.2em;
  text-transform: uppercase;
}

.roles-grid h3 {
  max-width: 760px;
  margin: 0;
  font-size: clamp(1.75rem, 4vw, 3.6rem);
  font-weight: 300;
  line-height: 1.12;
}

.roles-grid blockquote {
  margin: 28px 0 0;
  color: #fff;
  font-size: clamp(1rem, 1.8vw, 1.18rem);
  font-weight: 300;
  line-height: 1.6;
}

.roles-grid p {
  max-width: 720px;
  margin: 18px 0 0;
  color: var(--muted);
  font-size: 1rem;
  font-weight: 300;
  line-height: 1.72;
}

.filter-row {
  display: flex;
  gap: 16px;
  padding: 32px max(clamp(22px, 6vw, 48px), calc((100vw - 1010px) / 2));
  border-bottom: 1px solid var(--border);
}

.filter-row button {
  min-height: 36px;
  padding: 0 16px;
  border: 1px solid transparent;
  border-radius: 4px;
  background: #242428;
  color: var(--muted);
  font-size: 0.82rem;
  cursor: pointer;
  transition: background 180ms ease, border-color 180ms ease, color 180ms ease, transform 180ms ease;
}

.filter-row button:hover,
.filter-row button:focus-visible {
  border-color: rgba(255, 255, 255, 0.2);
  background: #303036;
  color: #fff;
  transform: translateY(-1px);
}

.filter-row .active {
  background: #fff;
  color: #09090b;
}

.filter-row .active:hover,
.filter-row .active:focus-visible {
  border-color: #fff;
  background: #fff;
  color: #09090b;
}

.article-copy {
  max-width: 780px;
  margin: 0 auto;
}

.article-heading {
  max-width: 980px;
  margin: 0 auto;
  padding: clamp(88px, 12vw, 140px) clamp(22px, 6vw, 48px) clamp(56px, 8vw, 84px);
}

.article-heading p,
.article-meta,
.back-link {
  color: var(--muted);
  font-size: 0.78rem;
  letter-spacing: 0.16em;
  text-transform: uppercase;
}

.back-link {
  display: inline-block;
  margin-bottom: 36px;
}

.article-heading p {
  margin: 0 0 16px;
}

.article-heading h1 {
  margin: 0;
  font-size: clamp(3rem, 7vw, 6.2rem);
  font-weight: 300;
  line-height: 1;
  letter-spacing: 0;
  text-transform: none;
}

.article-meta {
  display: flex;
  flex-wrap: wrap;
  gap: 16px 24px;
  margin-top: 28px;
}

.article-copy h2 {
  margin: 0 0 24px;
  font-size: clamp(1.8rem, 4vw, 2.2rem);
  font-weight: 300;
}

.article-copy h3 {
  margin: 42px 0 18px;
  font-size: clamp(1.35rem, 3vw, 1.65rem);
  font-weight: 400;
}

.article-copy h2:not(:first-child) {
  margin-top: 52px;
}

.text-grid {
  display: grid;
  grid-template-columns: repeat(2, minmax(0, 1fr));
  gap: clamp(28px, 6vw, 72px);
}

.text-grid p,
.news-list p,
.article-copy p {
  margin: 0;
  color: var(--muted);
  font-size: clamp(1rem, 1.6vw, 1.12rem);
  font-weight: 300;
  line-height: 1.75;
}

.article-copy p + p {
  margin-top: 18px;
}

.article-copy ul {
  margin: 22px 0 0;
  padding-left: 22px;
  color: var(--muted);
  font-size: clamp(1rem, 1.6vw, 1.12rem);
  font-weight: 300;
  line-height: 1.75;
}

.article-copy a {
  color: #fff;
  text-decoration: underline;
  text-underline-offset: 4px;
}

.article-copy blockquote {
  margin: 52px 0 0;
  padding-top: 34px;
  border-top: 1px solid var(--border);
  color: var(--muted);
  font-size: clamp(1rem, 1.6vw, 1.12rem);
  font-style: italic;
  font-weight: 300;
  line-height: 1.75;
}

.news-list {
  display: grid;
  grid-template-columns: repeat(2, minmax(0, 1fr));
  gap: 24px;
}

.news-list article {
  padding: clamp(24px, 5vw, 42px);
  border: 1px solid var(--border);
  border-radius: 4px;
  background: var(--panel);
}

.news-list span,
.news-meta span {
  display: block;
  margin-bottom: 14px;
  color: var(--muted);
  font-size: 0.78rem;
  letter-spacing: 0.16em;
  text-transform: uppercase;
}

.news-meta {
  display: flex;
  align-items: center;
  gap: 12px;
  margin-bottom: 18px;
}

.news-meta span {
  margin-bottom: 0;
}

.news-meta .pill {
  padding: 5px 10px;
  border-radius: 4px;
  background: #fff;
  color: #09090b;
  letter-spacing: 0.08em;
}

.news-list h2 {
  margin: 0 0 14px;
  font-size: clamp(1.6rem, 4vw, 2.8rem);
  font-weight: 300;
}

.news-footer {
  display: flex;
  align-items: center;
  gap: 22px;
  margin-top: 28px;
  color: var(--muted);
  font-size: 0.88rem;
}

.news-footer a {
  margin-left: auto;
  color: #fff;
  font-weight: 600;
}

.empty-state {
  grid-column: 1 / -1;
}

.holding {
  min-height: 84px;
  padding: 18px 16px;
  border-radius: 4px;
  background: #111113;
}

.holding strong {
  display: block;
  overflow-wrap: anywhere;
  font-weight: 400;
}

.holding small {
  display: block;
  margin-top: 5px;
  color: var(--muted);
  font-size: 0.76rem;
  letter-spacing: 0.08em;
  text-transform: uppercase;
}

.holding .source-badge {
  display: inline-block;
  width: fit-content;
  margin-top: 10px;
  padding: 4px 8px;
  border: 1px solid rgba(255, 255, 255, 0.12);
  border-radius: 4px;
  background: rgba(255, 255, 255, 0.04);
  color: #d7d7d7;
  font-size: 0.68rem;
  letter-spacing: 0.08em;
}

.holding-value,
.holding-change {
  text-align: right;
  font-weight: 300;
}

.holding-allocation {
  display: flex;
  align-items: center;
  gap: 16px;
  color: var(--muted);
}

.allocation-bar {
  position: relative;
  width: 64px;
  height: 7px;
  overflow: hidden;
  border-radius: 999px;
  background: #2f2f33;
}

.allocation-bar i {
  position: absolute;
  inset: 0 auto 0 0;
  border-radius: inherit;
  background: #b9b9bd;
}

.negative { color: #ff1744; }

footer {
  display: flex;
  justify-content: space-between;
  gap: 18px;
  padding: 36px clamp(22px, 6vw, 48px);
  border-top: 1px solid var(--border);
  color: var(--muted);
  font-size: 0.85rem;
  font-weight: 300;
}

footer p { margin: 0; }

@keyframes rise-in {
  from { opacity: 0; transform: translateY(26px); }
}

@keyframes line-in {
  from { transform: scaleX(0); }
}

@keyframes bounce {
  50% { transform: translateY(8px); }
}

@keyframes page-rise {
  from {
    opacity: 0;
    transform: translateY(18px);
  }
  to {
    opacity: 1;
    transform: translateY(0);
  }
}

@media (prefers-reduced-motion: reduce) {
  main,
  .hero-content,
  .rule,
  .scroll-cue span:last-child {
    animation: none;
  }
}

@media (max-width: 920px) {
  .site-header {
    padding-inline: 20px;
  }

  .menu-toggle {
    display: block;
  }

  nav {
    position: absolute;
    top: 64px;
    left: 0;
    right: 0;
    display: grid;
    gap: 0;
    padding: 10px 20px 18px;
    border-bottom: 1px solid var(--border);
    background: rgba(9, 9, 11, 0.98);
    transform: translateY(-8px);
    opacity: 0;
    pointer-events: none;
    transition: opacity 180ms ease, transform 180ms ease;
  }

  .site-header.menu-open nav {
    transform: translateY(0);
    opacity: 1;
    pointer-events: auto;
  }

  nav a {
    display: block;
    padding: 16px 0;
    border-bottom: 1px solid rgba(255, 255, 255, 0.08);
    font-size: 0.9rem;
  }

  nav a:last-child {
    border-bottom: 0;
  }

  .value-grid,
  .principles,
  .roles-grid,
  .stats-band,
  .portfolio-kpis {
    grid-template-columns: 1fr;
  }

  .value-grid article {
    border-right: 0;
    border-bottom: 1px solid var(--border);
  }

  .value-grid article:last-child { border-bottom: 0; }

  .allocation-row,
  .holding {
    grid-template-columns: 1fr 1fr;
  }

  .allocation-header {
    display: none;
  }

  .portfolio-title,
  .portfolio-kpis article,
  .allocation-section {
    padding-left: 22px;
    padding-right: 22px;
  }

  .text-grid { grid-template-columns: 1fr; }

  .news-list { grid-template-columns: 1fr; }

  .filter-row {
    overflow-x: auto;
  }

  .page-heading {
    min-height: 300px;
  }

  .holding-value,
  .holding-change,
  .holding-allocation {
    text-align: left;
  }

  .allocation-table {
    gap: 10px;
  }

  .allocation-chart-wrap,
  .allocation-legend {
    grid-template-columns: 1fr;
  }

  .allocation-chart {
    justify-self: center;
  }

  .holding {
    gap: 18px 14px;
    min-height: 0;
    padding: 18px;
    border: 1px solid rgba(255, 255, 255, 0.04);
    background: linear-gradient(180deg, #141416, #101012);
  }

  .holding > div:first-child {
    grid-column: 1;
    grid-row: 1;
  }

  .holding strong {
    font-size: 1rem;
  }

  .holding small {
    margin-top: 6px;
    font-size: 0.72rem;
  }

  .holding-value {
    grid-column: 1 / -1;
    grid-row: 2;
    align-self: end;
  }

  .holding-value span,
  .holding-change span {
    display: block;
    font-size: 1rem;
  }

  .holding-change {
    grid-column: 2;
    grid-row: 1;
    align-self: end;
    justify-self: end;
    text-align: right;
  }

  .holding-allocation {
    grid-column: 1 / -1;
    grid-row: 3;
    display: grid;
    grid-template-columns: 1fr auto;
    gap: 14px;
    align-items: center;
    padding-top: 4px;
  }

  .allocation-bar {
    width: 100%;
    height: 8px;
  }

  .source-note {
    margin-bottom: 24px;
  }

  h1 { letter-spacing: 0.12em; }

  footer { flex-direction: column; }
}