diff --git a/application/runtime_strategy_adapters.py b/application/runtime_strategy_adapters.py
index fefed2d..0832f9d 100644
--- a/application/runtime_strategy_adapters.py
+++ b/application/runtime_strategy_adapters.py
@@ -127,10 +127,15 @@ def build_semiconductor_indicators(self, market_data_source, *, trend_window: in
         )
 
     def build_account_state_from_snapshot(self, snapshot) -> dict[str, object]:
-        return build_account_state_from_portfolio_snapshot(
+        account_state = build_account_state_from_portfolio_snapshot(
             snapshot,
             strategy_symbols=self.managed_symbols,
         )
+        if self.managed_symbols:
+            account_state["total_strategy_equity"] = float(account_state["available_cash"]) + sum(
+                float(value) for value in dict(account_state["market_values"]).values()
+            )
+        return account_state
 
     def resolve_rebalance_plan(self, *, qqq_history, snapshot):
         account_state = None
diff --git a/tests/test_request_handling.py b/tests/test_request_handling.py
index 27d39b8..41b0550 100644
--- a/tests/test_request_handling.py
+++ b/tests/test_request_handling.py
@@ -655,7 +655,7 @@ def test_build_account_state_from_snapshot_uses_strategy_symbols(self):
         self.assertEqual(account_state["market_values"]["TQQQ"], 1000.0)
         self.assertEqual(account_state["market_values"]["BOXX"], 5000.0)
         self.assertNotIn("QQQ", account_state["market_values"])
-        self.assertEqual(account_state["total_strategy_equity"], 50000.0)
+        self.assertEqual(account_state["total_strategy_equity"], 14000.0)
 
     def test_build_semiconductor_indicators_uses_soxl_and_soxx_histories(self):
         module = load_module()