Thomas Roddy
Edited
๐—ฃ๐—ผ๐—ฟ๐˜๐—ณ๐—ผ๐—น๐—ถ๐—ผ ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ! ๐Ÿ“Š I hope youโ€™re doing well. I wanted to take a moment to share an update on the recent portfolio rebalance I conducted this week. Hereโ€™s a quick overview of the adjustments and my rationale! ๐Ÿ“Š ๐™„โ€™๐™ซ๐™š ๐™ž๐™ฃ๐™˜๐™ง๐™š๐™–๐™จ๐™š๐™™ ๐™ฉ๐™๐™š ๐™ฉ๐™ค๐™ฉ๐™–๐™ก ๐™ž๐™ฃ๐™ซ๐™š๐™จ๐™ฉ๐™ข๐™š๐™ฃ๐™ฉ ๐™ฉ๐™ค ๐Ÿญ๐Ÿฌ๐Ÿฌ% ๐™ฌ๐™๐™ž๐™ก๐™š ๐™ ๐™š๐™š๐™ฅ๐™ž๐™ฃ๐™œ ๐™ฉ๐™๐™š ๐™ค๐™ซ๐™š๐™ง๐™–๐™ก๐™ก ๐™ง๐™ž๐™จ๐™  ๐™ฅ๐™ง๐™ค๐™›๐™ž๐™ก๐™š ๐™ช๐™ฃ๐™˜๐™๐™–๐™ฃ๐™œ๐™š๐™™ (๐™ฃ๐™ค ๐™ž๐™ฃ๐™˜๐™ง๐™š๐™–๐™จ๐™š ๐™ž๐™ฃ ๐™ซ๐™ค๐™ก๐™–๐™ฉ๐™ž๐™ก๐™ž๐™ฉ๐™ฎ ๐™ค๐™ง ๐˜ฝ๐™š๐™ฉ๐™–). I've managed to do this by increasing the diversification of the portfolio and reduced exposure to some larger, concentrated positions (IGIC, VIRT, BTI, TWLO, INTA) and diversified by adding a wider range of stocks with similar risk-return profiles. New additions include Philip Morris (PM), HSBC, Raytheon (RTX), Unum (UNM), and Mizuho (MFG). ๐ŸŒŽ All in line with my strategy. On the other hand, I decided to trim some underperforming or less attractive positions. PGR, CCL, MU, and PNC didnโ€™t appear to justify the associated risks any longer. Additionally, I sold Tyson Foods (TSN). While I believe it holds potential, it currently lacks the momentum Iโ€™m seeking. Iโ€™ll continue to monitor it closely. ๐Ÿ‘€ I've also had to trim some profits on $BTC (Bitcoin) to bring down the overall volatility of the portfolio given new changes. Iโ€™ve also increased our position in VIRT, which remains an excellent hedge with exposure to financial trading, volatility, and crypto markets. Virtu Financialโ€™s business model makes it particularly well-suited for turbulent market environments. VIRT thrives on trading activity, benefiting from volatility across asset classes. In terms of tech, I added $META (Meta Platforms Inc), $AMZN (Amazon.com Inc), and $GOOG (Alphabet) to the portfolio. While these companies are already well-established with high valuations, their reasonable PEG ratios and alignment with the future tech landscape make a strong case for their inclusion. ๐Ÿ’ป๐Ÿ“ˆ Regarding international equities, I sold off ETFs for Japan, Brazil, Taiwan, and India. These positions were profitable overall but had been weighing on portfolio performance recently. Iโ€™ve reallocated to VEU (All-World ETF) for broader exposure, though this adjustment results in a net decrease in non-US investments. ๐ŸŒ Looking ahead, I donโ€™t anticipate making any significant moves in the next three months. My focus will be on taking profits where appropriate and ensuring the portfolioโ€™s risk remains well-managed. If you have any questions or would like to discuss this further, please donโ€™t hesitate to Comment ๐Ÿ˜Š $SPX500 (SPX500 Index (Non Expiry)) $NSDQ100 (NASDAQ100 Index (Non Expiry))
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