Mathijs Frencken @ZwoopsTech: "📢 Portfolio Update – June..."

Netherlands

📢 Portfolio Update – June 2025 Hello everyone, As we reach the mid-point of the year, I wanted to share a detailed update on the portfolio’s performance, recent adjustments, and my current market outlook. 📊 Performance Overview So far in 2025, the portfolio is showing a +10% return year-to-date, which is broadly in line with expectations. The goal remains to close the year around +20%, and we’re maintaining a steady approach to risk and opportunity across sectors. Market conditions have been mixed—rallying on tech strength, but facing global macro uncertainties. We’ve leaned into quality names and made some strategic shifts to protect gains and manage exposure. ❌ $TSLA (Tesla Motors, Inc.) Removed from the Portfolio After long consideration, I’ve decided to fully exit our position in $TSLA. While I continue to admire Tesla’s innovation and Elon Musk’s vision, the recent political fallout between Musk and the President of the United States has created a concerning level of uncertainty. Specifically, there’s now real ambiguity surrounding: - Federal subsidies for EVs - Future government mandates and regulatory support - Tesla's eligibility in state and federal fleet contracts The company has increasingly positioned itself in the political spotlight, and I’m no longer confident that its current trajectory prioritizes profitability over political posturing. As an investor, this kind of risk is difficult to model and justify holding at this time. I continue to wish Tesla success, but will reassess once the macro-political environment stabilizes. 🆕 New Addition: $ETOR (eToro Group LTD) (1.8% Allocation) We’ve introduced $ETOR, the newly listed company behind this very platform, into the portfolio with a modest 1.8% allocation. As this is a recent IPO, I am required to remain objective and limited in commentary due to SEC regulations on public discussions of newly listed equities. That said, the addition reflects cautious optimism about the platform’s long-term potential within fintech and social trading. We will monitor performance closely and assess opportunities for either increased exposure or reallocation based on fundamentals. 🔍 Current Opportunities: $AMZN (Amazon.com Inc), $GOOG (Alphabet), $ASML (ASML Holding NV) These three names stand out as excellent value plays in today’s market: $AMZN – AWS remains a dominant force, retail margins are improving, and investments in AI are starting to bear fruit. $GOOG – Trading at attractive multiples, with strong AI infrastructure growth, YouTube monetization gains, and cloud resilience. $ASML – The backbone of semiconductor innovation. With global demand for advanced chips rising, ASML’s long-term monopoly, moat and pricing power remain unmatched. Each of these companies offers a compelling mix of growth, scale, and margin strength, and I’m happy to add or accumulate further on dips. 💬 Final Thoughts We're halfway through the year, and while macro challenges remain, I’m confident in the structure of this portfolio. The focus remains on: - Quality over hype - Sustainable, profit-driven business models Thanks for following along. Stay smart, stay strategic. 📈 Let’s keep compounding.