Portfolio update June: portfolio reached an all-time-high

Throughout the month, my focus has shifted significantly: I've rotated a sizable part of my portfolio into positions I believe have a much better risk/reward.

1 - Performance highlights

3-years performance: +345% vs S&P 500 +95%
Year-to-date performance: +54% vs S&P 500 +12%
June performance : +8% vs S&P 500 +1%

June was quite a volatile month. It started strong, bottomed mid-month and closed strong again. In this update I'll cover:

Why I'm rotated away from certain positions to protect my downside
Why I closed a small speculative position for a 93% gain
Which memory stock I finally bought after covering it early April
All my buys and sells during the month and lowering my cash position from 24% to 17%
What my strategy is from here

Let's dive in!

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I always share my portfolio results based on money weighted rate of return. You can read more about what that means in this article.

2 - Top movers and losers

It was once again a strong month for AI-themed stocks, which is also reflected in my top performers. Software was a bit of a mixed bag and FinTech + emerging markets continue to move sideways.

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