Thomas Roddy @ThomasRoddy: "📣 End of December Portfolio..."

France

📣 End of December Portfolio Update & 2025 Reflection 🎄📊🔚 Hey all and Happy New Year ! As the year closes, here’s your final update of 2025. This one comes with a little more reflection than usual, a look back at how the strategy held up over the course of a turbulent and fast-evolving year. 📆 December Performance Recap 🔍📈📦 The portfolio finished December modestly positive, capping off what has been a resilient year. While headline indices surged again, particularly tech-heavy names on AI enthusiasm, we stayed disciplined. The portfolio’s full-year return landed at +10%, with volatility well below the S&P 500’s. Beta closed the year at 0.57, and realized volatility hovered around 8.9%, giving us a clean risk-adjusted outcome. This month’s strength came mostly from IBEX, AMZN, and BTC, which continued to show relative strength. Several new additions (GNW, PFS, NTCT, etc.) began contributing immediately with quiet but solid performance. On the flip side, laggards like CALM, T, and MFG that were trimmed or exited earlier this quarter have remained underwhelming, exits we stand behind. 💡 New Additions Recap 🆕📋📈 This quarter we welcomed a number of fresh names into the book: GNW (Genworth) for its deep value and restructuring optionality. PFS (Provident Financial) and CFFN (CapFed) for their regional bank profiles with improving NIM (net interest margin) dynamics. NTCT (NetScout) for a rare combo of quality and neglected value in the cybersecurity analytics space. Each of these align tightly with our process: low beta, strong valuation metrics, and a shot at overlooked momentum catalysts. 🌍 Macro Themes & The Strategy 🪙📉🌎 2025 gave us a world of contrast: sticky inflation fading into a disinflation narrative, Fed pivot chatter, soft landings (or no landing), geopolitical reshufflings (China, Middle East), and massive AI-led tech dominance. Through it all, our book stuck to its north star risk-controlled compound growth via factor-aware fundamentals. We didn’t chase the AI wave, but we remained exposed via AMZN, BTC, and selective financials like IBEX. Our defensives did their job, and in selloffs (remember April?), the portfolio absorbed far less drawdown than the indices. 🧭 Year-End Reflections 📓🛠️📊 We avoided blowups and stayed true to process. That meant declining to chase trend-chasing rallies and letting fundamentals lead. Volatility remained low. While we weren’t the top performers on the leaderboard, we were consistent, smooth, and calculated. The strategy is intact. Factor blend (low beta + value + momentum), strict sell criteria, and a low turnover style, it’s worked, and it’ll remain our approach. If you’re copying, thank you. If you’re curious, feel free to ask anything. See you in 2026. Let’s keep going and Happy New Year! 👣📅🔁 $SPX500 $NSDQ100

Not investment advice. The author may have financial interests in the mentioned instruments.

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SPX500

SPX500 Index (Non Expiry)

NSDQ100

NASDAQ100 Index (Non Expiry)

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