Damien Albin Douarre @Lyssky: "𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐔𝐩𝐝𝐚𝐭𝐞 📈 I have been..."

France

𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐔𝐩𝐝𝐚𝐭𝐞 📈 I have been willing to rotate part of the Energy pilar from oil to nuclear, and this week offered the perfect occasion for a greener and more diversified mix of energy in the portfolio. I locked in some profits on $MTDR (Matador Resources Co) and invested the proceeds in the uranium’s leader, $KAP.L (Nac Kazatomprom Jsc-Gdr Regs). I also slightly reinforced $VITL (Vital Farms Inc) as it kept dumping after analysists revised their targets: 🔴 𝗣𝗼𝘀𝗶𝘁𝗶𝗼𝗻 𝗰𝗹𝗼𝘀𝗲𝗱: $MTDR @ $57.01 (+34.68%) 🟢 𝗡𝗲𝘄 𝗯𝘂𝘆 : $VITL 0.25% of the portfolio’s equity @ $8.92 🟢 𝗡𝗲𝘄 𝗯𝘂𝘆 : $KAP.L 1.34% of the portfolio’s equity @ $73.90 In the portfolio, Energy is more of a secondary pillar, behind REITs and Luxury. Its main role is to act as a hedge in case markets get rough, while also contributing to the dividend income. Until now, my exposure was focused only on oil. That worked well, but the story has been changing for a while now, and it’s time to adapt. Nuclear is clearly coming back as governments and companies realize they need more energy independence instead of relying too much on oil supply chains that can easily get disrupted. Uranium mining is also a smart way to benefit from the massive growth in electricity demand driven by data centers, computing, and the broader shift toward cheaper and more reliable energy, without having to guess which AI-related company or EV maker will come out on top. In that space, $KAP.L looks like one of the strongest options. The company has a solid balance sheet, very high profitability thanks to production costs that are among the lowest in the industry, and a valuation that still looks attractive relative to its growth profile. Switching from $MTDR to $KAP.L adds more diversification to the portfolio’s energy exposure, while also slightly improving the overall dividend yield, since $MTDR was yielding less based on my entry price than $KAP.L currently does. That said, there are still risks. The company is heavily state-controlled, with around 75% ownership by the government, and it also faces operational and logistics issues, including sulfuric acid shortages and transport constraints linked to routes crossing Russia. The recent price weakness seems to reflect those concerns. Nothing new on $VITL, just some reinforcement into weakness. With this rotation and slight reinforcement, our cash reserve represents 11.59% Of the portfolio’s equity. Cheers 🥂 D.A.D $SPX500 $NSDQ100 $FRA40 𝘋𝘪𝘴𝘤𝘭𝘢𝘪𝘮𝘦𝘳: 𝘛𝘩𝘪𝘴 𝘱𝘰𝘴𝘵 𝘳𝘦𝘧𝘭𝘦𝘤𝘵𝘴 𝘮𝘺 𝘱𝘦𝘳𝘴𝘰𝘯𝘢𝘭 𝘰𝘱𝘪𝘯𝘪𝘰𝘯𝘴 𝘢𝘯𝘥 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵 𝘥𝘦𝘤𝘪𝘴𝘪𝘰𝘯𝘴. 𝘐𝘵 𝘪𝘴 𝘯𝘰𝘵 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘢𝘥𝘷𝘪𝘤𝘦. 𝘐𝘯𝘷𝘦𝘴𝘵𝘪𝘯𝘨 𝘪𝘯𝘷𝘰𝘭𝘷𝘦𝘴 𝘳𝘪𝘴𝘬, 𝘢𝘯𝘥 𝘱𝘢𝘴𝘵 𝘱𝘦𝘳𝘧𝘰𝘳𝘮𝘢𝘯𝘤𝘦 𝘪𝘴 𝘯𝘰𝘵 𝘪𝘯𝘥𝘪𝘤𝘢𝘵𝘪𝘷𝘦 𝘰𝘧 𝘧𝘶𝘵𝘶𝘳𝘦 𝘳𝘦𝘴𝘶𝘭𝘵𝘴

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